Document:

EX-10.45

 Exhibit 10.45 
 Execution Version 
 OPTION AMENDMENT, OPTION EXERCISE AND

 MEMBERSHIP INTEREST PURCHASE AGREEMENT 

This Option Amendment, Option Exercise and Membership Interest Purchase Agreement (the “Agreement”) is executed as of
February 9, 2011 by and between Armstrong Land Company, LLC, a Delaware limited liability company (“Armstrong”) and each of the undersigned companies set forth on the signature pages hereto (Armstrong, together with the undersigned
companies herein collectively referred to as the “Armstrong Entities”), and Elk Creek, L.P., a Delaware limited partnership (“Elk Creek”). Capitalized terms used herein and not otherwise defined shall have those meanings ascribed
to them in the Elk Creek Options (defined below). 
 RECITALS 

WHEREAS, the Armstrong Entities have previously acquired coal reserves and other real property from certain affiliates and/or
subsidiaries of Peabody Energy Corp. (such entities now being affiliates and/or subsidiaries of Patriot Coal Corporation as a result of its spin-off from Peabody Energy Corp.), which reserves are more particularly described on Exhibit A
attached hereto (the “Subject Assets”) and, in partial payment therefor, issued notes to the sellers (the “Patriot Notes”); 
 WHEREAS, the Patriot Notes are secured by, inter alia, mortgages on the Subject Assets in favor of the sellers; 
 WHEREAS, Elk Creek has heretofore advanced an aggregate principal amount of $44,100,000 plus accrued interest, including contingent interest, to the Armstrong Entities as needed for the Armstrong Entities
to service the indebtedness under the Patriot Notes pursuant to those certain Promissory Notes dated November 30, 2009, March 31, 2010, May 26, 2010 and November 9, 2010 executed by the Armstrong Entities in favor of
Elk Creek (the “Elk Creek Notes”); 
 WHEREAS, in consideration for Elk Creek making the loans to the Armstrong
Entities, the Armstrong Entities granted to Elk Creek a series of options to acquire an undivided interest in the Subject Assets equal to a fraction, the numerator of which is the aggregate principal amount of and accrued interest, including
contingent interest, under the Elk Creek Notes, and the denominator of which is the aggregate amounts paid by the Armstrong Entities to repay or repurchase and retire the Patriot Notes in full (the “Option Interest”), pursuant to those
certain Option Agreements dated as of November 30, 2009, March 31, 2010, May 26, 2010 and November 9, 2010 executed by the Armstrong Entities in favor of Elk Creek (the “Elk Creek Options”); 

WHEREAS, the Armstrong Entities have obtained third party bank financing arranged by PNC Bank, N.A., the proceeds of which have been used
to repay and retire the Patriot Notes in full (the “PNC Financing”); 

 WHEREAS, Elk Creek desires to exercise the Elk Creek Options (in the full amount of the
Option Interest) and contemporaneously herewith has delivered to the Armstrong Entities a notice of exercise designating the date hereof as the date of exercise of the Elk Creek Options; 

WHEREAS, Western Diamond LLC, a Nevada limited liability company (“Western Diamond”), and Western Land Company, LLC, a Kentucky
limited liability company (“Western Land”), have formed Western Mineral Development, LLC, a Delaware limited liability company (“WMD”), and, upon the prior consent of Elk Creek as required under the terms of the Elk Creek
Options, desire to provide for the joint conveyance to WMD of (i) an undivided interest in the Subject Assets equal to the amount of the Option Interest, plus (ii) an undivided interest in the Subject Assets, equal to a fraction,
(A) the numerator of which is $17,000,000, and (B) the denominator of which is a dollar amount the parties agree represents the aggregate fair market value of the Subject Assets (the “Purchased Interest” and, together with the
Option Interest, collectively referred to herein as the “Interest”); 
 WHEREAS, pursuant to that certain Coal Mining
Sublease dated as of December 15, 2008 by and between Ceralvo Resources, LLC, as Lessor, and Armstrong Coal Company, Inc., $12,000,000 aggregate amount in advance royalty payments payable to Ceralvo Resources, LLC remain unpaid; 

WHEREAS, in consideration for (i) the payment of the exercise price under the Elk Creek Options, plus (ii) $5,000,000 in cash,
plus (iii) the offset of unpaid advance royalty payments payable by Armstrong Coal Company, Inc., Elk Creek desires to acquire 100% of the membership interests in WMD (the “Membership Interest”); and 

WHEREAS, the parties desire to enter into this Agreement to provide for the exercise of the Elk Creek Options, as amended hereby, and the
purchase and sale of 100% of the Membership Interest. 
 NOW, THEREFORE, in consideration of the premises, the mutual covenants
and agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Armstrong Entities and Elk Creek agree as follows: 

AGREEMENT 

1. Elk Creek Options. The parties hereby agree that for purposes of determining the Purchase Price and the Subject Assets that are
the subject of the Elk Creek Options, the aggregate amounts paid by the Armstrong Entities to repay and retire the Patriot Notes is $159,778,526.00 (the “Total Patriot Payoff”), and the aggregate principal amount of and accrued interest,
including contingent interest, under the Elk Creek Notes, is $52,427,508. The parties hereby agree that the Elk Creek Options are hereby exercisable to indirectly acquire, through the acquisition of the Membership Interest, an undivided interest in
the Subject Assets equal to the Option Interest, as further described herein. The parties hereby agree that Elk Creek shall pay the Purchase Price under the Elk Creek Options by tendering the Elk Creek Notes. The Elk Creek Options shall remain in
full force and effect until the closing of the transactions contemplated hereby. In the event of any inconsistency between the terms of this Agreement and the terms of the Elk Creek Options, the terms of this Agreement shall control in all respects.

  
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 2. Purchase and Sale of Purchased Interest. Upon payment of by Elk Creek of
$5,000,000 in cash, plus the offset of $12,000,000 in unpaid advance royalty payments payable by Armstrong Coal Company, Inc. to Ceralvo Resources, LLC, Western Diamond and Western Land hereby jointly agree to indirectly convey to Elk Creek, an
undivided interest in the Subject Assets equal to the Purchased Interest, as further described herein. The parties hereby agree that for purposes of determining the Subject Assets that are subject of the Purchased Interest the aggregate fair market
value of the Subject Assets is $255,797,388. 
 3. Closing of Exercise of Elk Creek Options and Purchase
and Sale of Membership Interests. The consummation of the closing of the exercise of the Elk Creek Options as described in Section 1 and the purchase of the Purchased Interest as described in Section 2 shall be implemented as follows:
(a) the Armstrong Entities will convey an undivided interest in the Subject Assets equal to the sum of the Option Interest and the Purchased Interest to WMD and (b) the Armstrong Entities will assign the Membership Interest directly to Elk
Creek Operating LP (it being acknowledged and agreed that such direct assignment to Elk Creek Operating, LP is merely for convenience and shall be treated as (i) an assignment of the Membership Interest by the Armstrong Entities to Elk Creek,
(ii) a deemed contribution of the Membership Interest by Elk Creek , 99.99% to Elk Creek Operating, LP, and 0.01% to Elk Creek Operating GP, LLC and (iii) a deemed contribution of 0.01% of the Membership Interest by Elk Creek Operating GP,
LLC to Elk Creek Operating, LP). The assignment and deemed contribution described in subsection (b) above shall be deemed to occur immediately following the effectiveness of the conveyances described in subsection (a) above. The parties
hereby agree that the closing of the transactions contemplated hereby (the “Closing”) shall take place on the date hereof (the “Closing Date”), at the offices of Buchanan Ingersoll & Rooney PC, One Oxford Centre, 301
Grant Street, 20th Floor, Pittsburgh, PA, or at such other
date or place as the parties shall mutually agree in writing. The Closing shall not occur unless and until the representations and warranties of the parties are true and correct in all material respects as of the Closing Date. The parties
acknowledge that upon the Closing WMD is a disregarded entity for federal tax purposes and that the assignment of the Membership Interest shall be treated as a conveyance of the Interest for tax purposes. 

4. Closing Deliveries. At the Closing, the parties hereto shall make the following deliveries: 

 

	 	(a)	Elk Creek shall pay the Purchase Price under the Elk Creek Options to the Armstrong Entities by tendering the Elk Creek Notes. Elk Creek shall pay $5,000,000 in cash
for the Purchased Interest by wire transfer to such account(s) as designated by the Armstrong Entities in written instructions delivered to Elk Creek at least three business days prior to the Closing. 

  
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	 	(b)	Western Diamond and Western Land shall deliver the Membership Interest free and clear of any liens or encumbrances (other than liens securing the PNC Financing)
pursuant to an assignment of membership interests in the form attached hereto as Exhibit B, and such further instruments and documents as Elk Creek shall deem reasonably necessary to effectuate the sale and transfer of the Membership Interest
free and clear of liens and encumbrances (other than the liens securing the PNC Financing), including without limitation the mortgages securing the Patriot Notes. The Armstrong Entities also shall deliver to Elk Creek a certificate of non-foreign
status that complies with Treasury Regulation 1.1445-2(b)(2). 

  

	 	(c)	The Armstrong Entities shall cause Armstrong Coal Company, Inc. to enter into new leases for each parcel of the Subject Assets, excluding the parcels described in the
instruments set forth in subsections (ii) and (iii) of Exhibit A, with the post-closing joint owners of each parcel of the Subject Assets (i.e., WMD and the remaining owner, either Western Diamond or Western Land) pursuant to the terms and
conditions of that certain Coal Mining Lease, substantially in the form set forth on Exhibit C attached hereto. If, at the Closing, the Armstrong Entities have in place any inter-company leases or subleases of the Subject Assets that are
inconsistent in any respect with the Coal Mining Lease, the Armstrong Entities shall cause such inter-company leases or subleases to be terminated. 

 5. Representations of the Armstrong Entities. Each of the Armstrong Entities represents and warrants to Elk Creek as to itself, as of the date hereof and the Closing Date, as follows: 

 

	 	(a)	The entity is an entity duly organized or formed, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

  

	 	(b)	The entity has all power and authority to enter into the Agreement and any ancillary documents contemplated herein, and the Agreement and the transactions contemplated
herein have been approved by all requisite action by its directors, members or managers, as applicable. 

  

	 	(c)	The Agreement constitutes a legal, valid and binding obligation of the entity, enforceable against the entity in accordance with its terms. 

 

	 	(d)	Neither the execution, the delivery or performance of the Agreement conflicts with any applicable law, any organizational document, or any agreement, judgment, license,
order or permit applicable to or binding upon the entity or any of its properties, except for any consents required to be obtained by the Armstrong Entities in respect of any leasehold interests in and to the Subject Assets.

  

	 	(e)	No consent, approval, order, or authorization of, or declaration, filing, or registration with, any governmental entity is required to be obtained or made by the entity
in connection with the execution, delivery, or performance by the entity of the Agreement and, the consummation by it of the transactions contemplated hereby. 

  
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	 	(f)	The Subject Assets constitute all of the coal reserves and other real property that were mortgaged under the Patriot Notes. 

 

	 	(g)	The Membership Interest constitutes 100% of the authorized and outstanding membership interests of WMD. There are no outstanding options, warrants, rights, agreements,
contracts, calls, commitments, written demands of any character or requirements of any applicable laws which might obligate WMD to issue any membership interests of WMD. There are no pre-emptive rights (statutory or otherwise) with respect to any of
the outstanding membership interests of WMD. There are no contracts or agreements with respect to the voting or transfer of the Membership Interest. WMD is not obligated to redeem or otherwise acquire any of its outstanding Membership Interest. All
dividends and other distributions declared prior to the date hereof with respect to the issued and outstanding membership interests of WMD have been paid or distributed. 

 

	 	(h)	Each of Western Diamond and Western Land has good and valid title to the Membership Interest owned by it, free and clear of all liens, claims or encumbrances. At the
Closing, each of Western Diamond and Western Land will transfer to Elk Creek good and valid title to the Membership Interest free and clear of all liens, claims or encumbrances. 

6. Representations of Elk Creek. Elk Creek hereby represents to the Armstrong Entities as follows: 

 

	 	(a)	Elk Creek is a limited partnership duly formed, validly existing and in good standing under the laws of the State of Delaware. 

 

	 	(b)	Elk Creek has all power and authority to enter into the Agreement and any ancillary documents contemplated herein, and the Agreement and the transactions contemplated
herein have been approved by all requisite action by its general partner. 

  

	 	(c)	The Agreement constitutes a legal, valid and binding obligation of Elk Creek, enforceable against the entity in accordance with its terms. 

 

	 	(d)	Neither the execution, the delivery or performance of the Agreement conflicts with any applicable law, any organizational document, or any agreement, judgment, license,
order or permit applicable to or binding upon Elk Creek or any of its properties. 

  

	 	(e)	No consent, approval, order, or authorization of, or declaration, filing, or registration with, any governmental entity is required to be obtained or made by Elk Creek
in connection with the execution, delivery, or performance by Elk Creek of the Agreement and, the consummation by it of the transactions contemplated hereby. 

  
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 7. Arbitration. Any disagreement between the Armstrong Entities and Elk Creek arising
hereunder shall be submitted to binding arbitration in accordance with the rules of the American Arbitration Association then in effect. A panel of three arbitrators, knowledgeable with the coal industry in the West Kentucky area, shall be named,
one to be selected by the Elk Creek, one to be selected by the Armstrong Entities, and one to be selected by the other two arbitrators. If the two arbitrators appointed by the Armstrong Entities and Elk Creek cannot agree on the selection of the
third neutral arbitrator selection of such arbitrator shall be made by the American Arbitration Association. The non-prevailing party shall be responsible for the reasonable expenses, fees and costs (including, without limitation, reasonable
attorney’s fees) incurred by both the Armstrong Entities and Elk Creek in such arbitration. With regard to any monetary sum or quantum measurement such as coal tonnages or reserves, the figures determined by each of the arbitrators shall be
averaged and the determination which differs most from said average shall be excluded; the remaining two determinations shall then be averaged and such average shall be final and conclusive. 

8. Miscellaneous. 
  

	 	(a)	Further Assurances. Each party to the Agreement agrees to perform such further acts and to execute and deliver such other and additional documents as may be
necessary to carry out the provisions of the Agreement. 

  

	 	(b)	Amendment. The Agreement may not be amended in whole or in part except by the written agreement of the parties hereto. 

 

	 	(c)	Assignment. Except as otherwise specifically provided, the Agreement and any right hereunder, shall not be assigned by any party hereunder without the prior
written consent of the other party, which shall not be unreasonably withheld; provided that Elk Creek shall be entitled to assign the Agreement to one or more of its affiliates. 

 

	 	(d)	Severability. If any clause or provision of the Agreement is illegal, invalid, or unenforceable under any present or future law, the remainder of the Agreement
will not be affected thereby. It is the intention of the parties that if any such provision is held to be illegal, invalid or unenforceable, there will be added in lieu thereof a provision as similar in terms to such provision as is possible which
is legal, valid and enforceable. 

  

	 	(e)	Binding Effect. The Agreement will inure to the benefit of and bind the respective heirs, legal representatives, successors and permitted assigns of the parties
hereto. 

  

	 	(f)	Notices. All notices, requests and other communications hereunder must be in writing and will be deemed to have been duly given only if delivered personally or
by facsimile transmission or mailed (first class postage prepaid) to the parties at the following addresses or facsimile numbers: 

  
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	 	(i)	if to the Armstrong Entities: 

Armstrong Land Company, LLC 
 7733 Forsyth Blvd, Suite 1625 
 St. Louis, MO 63105 

Attn: J. Hord Armstrong, III 
 Facsimile: (314) 721-8211 
  

	 	(ii)	if to Elk Creek: 

 Elk Creek,
L.P. 
 c/o Yorktown Partners LLC 
 410 Park Avenue, 19th Floor 
 New York, NY 10022 

Attention: Bryan H. Lawrence 
 Facsimile: (212) 515-2105 
  

	 	(g)	Governing Law; Venue. THE AGREEMENT SHALL BE GOVERNED, CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, EXCLUDING THAT BODY OF LAW
PERTAINING TO CONFLICTS OF LAW. 

  

	 	(h)	Counterparts. The Agreement may be executed in multiple counterparts, each of which so executed shall be deemed to be an original, but all such counterparts
shall together constitute but one and the same instrument. Facsimile signatures shall be effective as original signatures. 

 [Remainder of Page Left Intentionally Blank] 
 [Signature Page Follows] 

  
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 IN WITNESS WHEREOF, each of the undersigned, by its duly authorized person, has executed
this Agreement as of the date first above written. 
  

			
	ARMSTRONG ENTITIES:
	
	ARMSTRONG LAND COMPANY, LLC
		
	By:	 	/s/ Martin D. Wilson
		 	Martin D. Wilson
		 	President and Chief Financial Officer
	
	ARMSTRONG RESOURCES HOLDINGS, LLC
		
	By:	 	/s/ Martin D. Wilson
		 	Martin D. Wilson
		 	President and Chief Financial Officer
	
	WESTERN DIAMOND LLC
		
	By:	 	/s/ Martin D. Wilson
		 	Martin D. Wilson, Manager
	
	WESTERN LAND COMPANY, LLC
		
	By:	 	/s/ Martin D. Wilson
		 	Martin D. Wilson, Manager
	
	WESTERN MINERAL DEVELOPMENT, LLC
		
	By:	 	/s/ Martin D. Wilson
		 	Martin D. Wilson, Manager
	
	ELK CREEK, L.P.
		
	By:	 	Elk Creek GP, LLC, its general partner
		
	By:	 	/s/ Martin D. Wilson
		 	Martin D. Wilson
		 	President and Chief Financial Officer

 Signature Page to Option Agreement, Option Exercise 

and Membership Interest Purchase Agreement 

 EXHIBIT A 

SUBJECT ASSETS 
 The Subject Assets shall mean all of the coal reserves and real property described in, and conveyed, demised or otherwise granted in or under the following deeds and instruments, to Western Land Company,
LLC and/or Western Diamond LLC, subject to all rights-of-way, easements, leases, deed and plat restrictions, partitions, severances, encumbrances, licenses, reservations, conveyances and exceptions which are of record as of the date of the exercise
of the Option by Elk Creek, and to all rights of persons in possession, and to physical conditions, encroachments and possessory rights which would be evident from an inspection of the property at such time: 

(i) The Corporation Special Warranty Deed from Central States Coal Reserves of Kentucky, LLC and Beaver Dam Coal Company to Western
Diamond LLC, dated September 19, 2006, of record in Deed Book 363, page 369, in the Office of the Ohio County Clerk; 
 (ii)
The Partial Assignment of Coal Mining Lease from Central States Coal Reserves of Kentucky, LLC to Western Diamond LLC dated September 19, 2006, of record in Deed Book 363, page 428, in the Office of the Ohio County Clerk; 

(iii) The Corporation Special Warranty Deed from Central States Coal Reserves of Kentucky, LLC and Beaver Dam Coal Company to Western
Diamond LLC, dated September 19, 2006, of record in Deed Book 363, page 414, in the Office of the Ohio County Clerk; 
 (iv)
The Corporation Special Warranty Deed from Beaver Dam Coal Company to Western Diamond LLC, dated September 19, 2006, of record in Deed Book 363, page 393, in the Office of the Ohio County Clerk; 

(v) The Corporation Special Warranty Deed from Beaver Dam Coal Company to Western Diamond LLC, dated September 19, 2006, of record in
Deed Book 363, page 403, in the Office of the Ohio County Clerk; 
 (vi) The Corporation Special Warranty Deed from Central
States Coal Reserves of Kentucky, LLC to Western Diamond LLC, dated May 31, 2007, of record in Deed Book 528, page 284, in the Office of the Muhlenberg County Clerk, and the Deed of Confirmation between Central States Coal Reserves of Kentucky,
LLC, Western Diamond LLC and Armstrong Coal Reserves, Inc., dated September 30, 2007, of record in Deed Book 531, page 205, in the Office of the Muhlenberg County Clerk; 
 (vii) The Corporation Special Warranty Deed from Central States Coal Reserves of Kentucky, LLC and Beaver Dam Coal Company to Western Diamond LLC, dated May 31, 2007, of record in Deed Book 368, page
17, in the Office of the Ohio County Clerk, and the Deed of Correction between Central States Coal Reserves of Kentucky, LLC, Beaver Dam Coal Company, LLC and Western Diamond LLC, of record in Deed Book 369, page 759, in the Office of the Ohio
County Clerk; 

  
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 (viii) The Partial Assignment and Assumption of Mineral Leasehold Estate from Central States
Coal Reserves of Kentucky, LLC to Western Diamond LLC, dated May 31, 2007, of record in Deed Book 528, page 320, in the Office of the Muhlenberg County Clerk; 
 (ix) The Partial Assignment and Assumption of Mineral Leasehold Estate from Central States Coal Reserves of Kentucky, LLC to Western Diamond LLC, dated May 31, 2007, of record in Deed Book 528, page
330, in the Office of the Muhlenberg County Clerk. 
 (x) The Corporation Special Warranty Deed from Central States Coal Reserves
of Kentucky, LLC to Western Land Company, LLC, dated December 12, 2006, of record in Deed Book 524, page 505, in the Office of the Muhlenberg County Clerk; 
 (xi) The Corporation Special Warranty Deed from Central States Coal Reserves of Kentucky, LLC and Beaver Dam Coal Company to Western Land Company, LLC, dated December 12, 2006, of record in Deed Book
365, page 36, in the Office of the Ohio County Clerk; 
 (xii) The Partial Assignment and Assumption of Mineral Leasehold Estate
from Central States Coal Reserves of Kentucky, LLC to Western Land Company, LLC, dated November 20, 2006, of record in Deed Book 524, page 523, in the Office of the Muhlenberg County Clerk, as amended and restated in Deed Book 527, page 186, in
the Office of the Muhlenberg County Clerk; 
 (xiii) The Partial Assignment and Assumption of Surface and Mineral Leasehold
Estate from Central States Coal Reserves of Kentucky, LLC to Western Land Company, LLC, dated November 20, 2006, of record in Deed Book 365, page 57, in the Office of the Muhlenberg County Clerk; 

(xiv) The Corporation Special Warranty Deed from Central States Coal Reserves of Kentucky, LLC, Beaver Dam Coal Company, Ohio County Coal
Company, LLC and Grand Eagle Mining, Inc. to Western Land Company, LLC, dated March 30, 2007, of record in Deed Book 367, page 1, in the Office of the Ohio County Clerk; 
 (xv) The Corporation Special Warranty Deed from Central States Coal Reserves of Kentucky, LLC to Western Land Company, LLC, dated March 30, 2007, of record in Deed Book 527, page 118, in the Office
of the Muhlenberg County Clerk, as corrected by Deed of Correction dated September 30, 2007, of record in Deed Book 531, page 213, in the Office of the Muhlenberg County Clerk; and 

(xvi) The Partial Assignment and Assumption of Surface and Mineral Leasehold Estate from Central States Coal Reserves of Kentucky, LLC to
Western Land Company, LLC, dated March 30, 2007, of record in Deed Book 527, page 161, in the Office of the Muhlenberg County Clerk. 

  
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 EXHIBIT B 

Form of Assignment of Membership Interest 
 ASSIGNMENT OF MEMBERSHIP INTERESTS 
 THIS ASSIGNMENT OF MEMBERSHIP
INTERESTS (this “Assignment”) is executed as of February 9, 2011, by and between (i) Western Diamond LLC, a Nevada limited liability company and Western Land Company, LLC, a Kentucky limited liability company (collectively,
“Assignors”), and (ii) Elk Creek Operating, L.P. a Delaware limited partnership (“Assignee”). 

RECITALS: 
 1. Assignors
collectively own a 100% membership interest (the “Interest”) in Western Mineral Development, LLC, a Delaware limited liability company (the “Company”). 
 2. Assignee desires to acquire from Assignors, and Assignors desire to assign to Assignee, the Interest. 
 ASSIGNMENT: 
 NOW, THEREFORE, in consideration of the premises, warranties
and mutual covenants set forth herein, the parties hereto agree as follows: 
 1. Assignment. Assignors hereby assign to Assignee, and
Assignee hereby acquires from Assignors, all of Assignors’ right, title and interest in and to the Interest and all of Assignors’ duties, liabilities and obligations under, or arising in connection with, the Interest. From and after the
date hereof, Assignors shall have no right, title or interest in the Company and Assignee shall be bound by the respective governing documents of the Company, and, if required, Assignee hereby agrees that it will execute a counterpart signature page
to the Limited Liability Company Agreement of the Company to evidence its consent to be bound by such agreement. 
 2. Effective Date.
This Assignment is effective for all purposes as of the date hereof, and from and after that date the net profits or net losses of the Company shall be credited to Assignee and Assignors shall have no interests therein or claims thereto. 

3. Future Cooperation on Subsequent Documents. Assignors and Assignee mutually agree to cooperate at all times from and after the date hereof with
respect to the supplying of any information requested by the other regarding any of the matters described in this Assignment, and each agrees to execute such further deeds, bills of sale and assignments as may be reasonably requested for the purpose
of giving effect to, evidencing or giving notice of the transactions described herein. 
 4. Successors and Assigns. This Assignment shall
be binding upon, and shall inure to the benefit of, the parties hereto and their successors and assigns. 
 5. Modification and Waiver. No
supplement, modification, waiver or termination of this Assignment or any provision hereof shall be binding unless executed in writing by the parties to be bound thereby. No waiver of any provision of this Assignment shall constitute a waiver of any
other provision (whether or not similar), nor shall such waiver constitute a continuing waiver unless otherwise expressly provided. 

  
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 6. Governing Law. This Assignment shall be governed by, and construed in accordance with, the laws of
the State of New York (without regard to principles of conflict of laws). 
 7. Counterparts. This Assignment may be executed in any
number of counterparts, each of which shall be an original and all of which shall together constitute one and the same Assignment. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
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 IN WITNESS WHEREOF, each of the undersigned, by its duly authorized person, has executed
this Agreement as of the date first above written. 
  

			
	WESTERN DIAMOND LLC
		
	By:	 	 
		 	Martin D. Wilson, Manager
	
	WESTERN LAND COMPANY, LLC
		
	By:	 	 
		 	Martin D. Wilson, Manager
	
	ELK CREEK OPERATING, L.P.
		
	By:	 	 Elk Creek Operating GP, LLC,

its general partner

		
	By:	 	 
		 	Martin D. Wilson
		 	President and Chief Financial Officer

  
 B-3

 EXHIBIT C 

FORM OF COAL MINING LEASE/SUBLEASE/LEASE AND SUBLEASE 
 This COAL MINING LEASE/SUBLEASE/LEASE AND SUBLEASE (the “Lease”) is
made and entered into as of February 9, 2011 (the “Effective Date”), by and among: (i) WESTERN DIAMOND LLC, a Nevada limited liability company/WESTERN LAND
COMPANY, LLC, a Kentucky limited liability company, and WESTERN MINERAL DEVELOPMENT, LLC, a Delaware limited liability company, as tenants in common (collectively, the
“Lessor”), and (ii) ARMSTRONG COAL COMPANY, INC., a Delaware corporation (the “Lessee”). 

WITNESSETH: 
 WHEREAS, Lessor owns the fee interests as indicated on Schedule A, attached hereto, in the real property indicated on Schedule A (the “Owned Property”)
and/or the leasehold interests as indicated on Schedule B, attached hereto, in the real property indicated on Schedule B (the “Leased Property”), demised pursuant to the agreements identified in Schedule B (as such agreements may be
supplemented, amended, restated, replaced, or modified from time to time, each such agreement an “Underlying Lease”), together with any greater estate therein as may now exist or hereafter may be acquired by Lessor (the Owned Property and
the Leased Property are, collectively, the “Premises”); and 
 WHEREAS, Lessor,
desires to lease the Premises to Lessee, and Lessee desires to lease the same from Lessor, upon such terms and conditions as are set forth herein; 
 NOW THEREFORE, in consideration of One Dollar and the mutual covenants hereinafter contained, the parties hereto agree as follows: 

Subject to the terms hereof, Lessor does hereby lease unto Lessee the Premises and grant unto Lessee an exclusive license to enter upon
the Surface Lands (as hereafter defined) for the purpose of mining all veins of coal on the Premises. It is agreed that Lessor hereby grants to Lessee, with respect to the Premises, to the extent the Lessor has the right to do so, all mining rights,
privileges and immunities, of every nature and kind (including deep mining, strip mining, highwall mining and auger mining rights) coal-bed methane rights and the rights to extract all other minerals not covered by pre-existing rights currently held
by Lessor or third parties, which are necessary, convenient or customary in connection with or in relation to the conduct of mining operations or the development, equipment or improvement of mines, or for the mining, extraction, removal or recovery
of coal, including the right to disturb, cast, and pile all strata without regard to mineral content and for preparing and marketing coal; such rights, including, without limitation, to the extent permitted by applicable statutes and regulations and
to the extent the Lessor has the right to grant the same, the right to install and maintain railroad, truck and river dock loading facilities, storage areas, railroad tracks and switches, pumping stations, pole lines and wires; to create gob piles
(provided gob piles are maintained, stabilized, and removed or covered as governed by all existing and future laws); to dig ditches for the drainage of water; to lay pipe lines; to erect towers; to provide for the storage of materials and supplies;
to construct and use roadways; to erect and use buildings, plants and structures of every kind; and, in general, and without limitation, to do any and all things incident to Lessee’s mining, processing, and marketing of coal produced from the
Premises; and Lessee is empowered and authorized to exercise all of the aforesaid rights, privileges and immunities. 

  
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 Subject, however, to the following rights existing as of the Effective Date: oil and gas
lease rights, public roads, public drainage ditches, easements for power lines, pipelines, railroads and rights-of-way, telephone lines, buried cables and all other easements and reservations. 

TO HAVE AND TO HOLD the same unto the
Lessee, its successors and assigns, for and during the term herein set forth and upon the following terms and conditions: 

ARTICLE 1 

TERM OF LEASE 

Section 1.1-Term. The term of this Lease (“Term”) shall commence on the Effective Date, and
terminate on the tenth (10th) anniversary of the
Effective Date; provided, that the Term shall automatically be extended for ten (10) one-year extension periods, and thereafter until such time as all of the minable and merchantable coal has been mined, unless Lessee delivers notice of
non-renewal to Lessor prior to the end of the then-existing Term. Lessee shall be entitled to terminate this Lease upon ninety (90) days’ written notice to Lessor, in which case Lessee’s obligations, including any royalty payments,
shall be limited to those incurred as of the date of such termination. 
 ARTICLE 2 

MINING OPERATIONS AND SURFACE LANDS 

Section 2.1-Mining Operations. Lessee will conduct mining operations on the Premises and the Surface Lands in a reasonable
and professional manner in accordance with standard practices employed in western Kentucky coalfields. Lessee shall conduct its mining operations in accordance with, and shall comply with, all state and local laws and the lawful rules, regulations
and orders of any governmental authority in respect of such mining operations. Lessor grants to Lessee the right, at the cost and expense of Lessee, to do and perform, with respect to the Premises, whatever may be required to be performed by Lessee,
or may be deemed by Lessee to be required or to be advisable, in order to comply with federal, state or local law or the lawful rules, regulations or orders or any governmental authority. Lessor further agrees to execute and deliver upon the request
of Lessee any additional forms or documentation required by any governmental agency or bureau with regard to the prosecution of the mining operation. 
 Section 2.2-Use of Surface Lands. Lessor shall retain in its possession the instruments of every nature and kind evidencing Lessor’s interest in and to the Premises and the Surface Lands
and every part thereof; provided, however, that upon request by Lessee, Lessor shall make such records available to Lessee for use thereof by Lessee. Except as otherwise provided herein, Lessor shall retain possession of the surface rights related
to the Premises (the “Surface Lands”), until the same shall be required by Lessee in connection with its mining operations hereunder, it being recognized by Lessee that the Surface Lands are now or may hereafter be used by Lessor for
farming or other purposes. When and as often as Lessee shall first require any of the Surface Lands in connection with its mining operation, Lessee shall, not more than one hundred twenty (120) or less than ninety (90) days prior to
January 1 of the year when such Surface Lands will be required by Lessee, give written notice to Lessor specifying such lands. At such time within said year as shall be mutually determined, but not before the expiration of one hundred twenty
(120) days after the receipt by Lessor of such notice, Lessor shall deliver exclusive possession of said Surface Lands to Lessee. Notwithstanding the above, if circumstances warrant, Lessee shall 

  
 C-2

 
have the right, upon giving Lessor forty (40) days’ written notice, to take possession of such Surface Lands in connection with its mining operations by paying Lessor or crop tenant for
crop damage or soil preparation costs, as the case may be. Lessee may, upon taking possession thereof, remove and disturb such Surface Lands or any part thereof, except that Lessee shall, in its operations, prevent and avoid damage to existing oil
wells and/or pipelines. Forthwith upon termination of the need by Lessee for any particular part of the said Surface Lands in connection with its mining operations hereunder, as determined by Lessee’s mining plans, Lessee shall surrender
possession thereof to Lessor, subject to the provisions of Article 8, Lessee shall, prior to such surrender of possession, comply with all applicable statutes and regulations then in effect with respect to restoration of such Surface Lands. At
Lessor’s request, and upon Lessee’s consent, such consent not to be unreasonably withheld, Lessee may surrender additional Surface Lands to Lessor that are not in Lessee’s mining plan or have been reclaimed by Lessee and reclamation
bonds released. Thereafter, Lessee shall have no further obligations or rights with respect to such lands surrendered and the same shall be deemed to be no longer a part of the Surface Lands; provided, however, that nothing contained in this
sentence shall derogate from or be construed to deny to Lessee, with respect to lands so surrendered, the rights granted herein. Lessor shall have the right to convey title to any part of lands so surrendered, subject, however, to the consent of
Lessee, such consent not to be unreasonably withheld, in which case Lessee shall have no further rights to such lands and such lands shall no longer be part of this Lease. It is understood that Lessor shall make no use of any lands so surrendered
which may adversely affect Lessee’s and/or any assignees’ or sublessees’ rights hereunder in meeting their obligations with regard to reclamation of such lands under applicable law. 

Section 2.3-Underlying Leases. Lessee hereby agrees to comply with the applicable terms and conditions of any Underlying
Lease, which terms are hereby incorporated herein by reference. 
 ARTICLE 3 

ROYALTIES 
 Section 3.1-Production Royalty Payments.  
 (a) Payment for Coal
Mined. For all coal mined and sold by Lessee from the Premises, Lessee shall pay to Lessor a Production Royalty Payment in an amount equal to seven percent (7%) of the Sales Price (as hereinafter defined) received by Lessee. In addition to
the foregoing, Lessee shall pay any royalties due for coal leased (not owned in fee) by Lessor. The aforementioned payments shall be defined herein as the “Production Royalty Payments” for all purposes of this Lease. 

(b) Definition of Sales Price. The term Sales Price as used herein shall mean the per ton consideration actually charged Lessee for
each 2,000 pounds of coal sold F.O.B. the mine after final preparation and loading without any deduction of preparation and loading costs, transportation costs, sales commissions or selling expenses, discounts, rebates, preparation charges or any
other costs or charges whatsoever. In the case of any coal not sold at arm’s length, sold to an affiliate of Lessee, consumed by Lessee or sold for a consideration other than money, the per ton consideration for computing the Sales Price shall
be the average sale price for coal of comparable quality under similar contracts, F.O.B. the mine at the time of shipment or consumption without any deduction of preparation and loading costs, transportation costs, sales commissions or selling
expenses, discounts, rebates, preparation charges or any other costs or charges whatsoever. 

  
 C-3

 (c) Lessee to Keep Records. Lessee shall keep records of truck scale weights, or
river barge dead weight surveys, or railroad car weights, whichever is applicable, together with accurate surveys and progress maps used in conjunction with accepted and recognized engineering methods which shall be taken as the basis for payment of
Production Royalty Payments. Lessee shall keep a true and correct record of all coal mined, removed and sold from the Premises and shall permit Lessor or its agents, at all reasonable times, to inspect the records, and perform other practical and
reasonable investigations to check the accuracy of the records of Lessee. Lessor, through its agents, may enter upon the Premises at any time for the purpose of verifying the quantity of coal removed therefrom. 

(d) Time, Place and Allocation of Payment of Production Royalty Payments. All Production Royalty Payments
shall be paid by Lessee to Lessor on or before the 25th
day of each calendar month on all coal mined and produced by Lessee from the Premises which was sold during the preceding calendar month and for which Lessee has received payment. All Production Royalty Payments shall be paid by check or by wire
transfer if Lessor so instructs and payable to each of the entities constituting the “Lessor” in accordance with their respective undivided interest in the Premises. Each payment of Production Royalty Payments hereunder shall be
accompanied by a statement from Lessee showing the number of tons of coal mined and sold during the preceding calendar month (showing separately coal produced by the strip, surface, auger or open-pit method of mining and coal produced by any other
method of mining), the weighted average of the Sales Price and the computation of royalties payable on such coal so mined and sold during such calendar month. All payments due hereunder shall be mailed to Lessor at the address listed in this Lease,
or as otherwise directed by Lessor. 
 ARTICLE 4 
 DEFAULT 
 Section 4.1-Events of Default.  

(a) Defaults Under this Lease. Should Lessee fail to pay any installment of any royalty payment herein provided for when due, or
should Lessee fail to observe or perform any other covenant on its part to be observed or performed under the terms of this Lease, Lessor shall have the right to give Lessee written notice specifying the particular default or defaults of which
complaint is made and of its intention to declare a forfeiture of this Lease by reason of such default or defaults unless the same are rectified. If the default is the failure to pay to Lessor an installment of a royalty payment at the time provided
for herein, Lessee shall have five (5) days from the date of receipt of such notice to correct such default. If the default is the failure of Lessee to observe or perform some other covenant of this Lease other than to pay royalty payments to
Lessor, Lessee shall have thirty (30) days (if such default cannot be cured within thirty (30) days, Lessee shall have such additional reasonable time to cure such default, provided Lessee diligently takes action to cure such default
within such thirty (30) day period) from the date of receipt of such notice to cure such default. In case of a dispute as to whether or not any such default exists, the time Lessee may cure such default, as aforesaid, shall not commence to run
until after the dispute is resolved by arbitration. 

  
 C-4

 (b) Remedies Upon Default. If Lessee fails to remedy any such default or defaults
within the time or times herein specified, then at the option of Lessor, all of Lessee’s rights under this Lease shall terminate, except as otherwise provided in Section 4.1(e), and Lessor shall have the right to re-enter and take
possession of the Premises and the Surface Lands without obligation to assume any debt of Lessee; provided, however, that the termination of this Lease in any manner or for any cause whatever shall not relieve Lessee of its obligation for any
royalty payment which may have accrued hereunder at the date of such termination; provided, further, that the remedy of termination in the event of default by Lessee as above authorized shall not be deemed or interpreted as the exclusive remedy
available to Lessor, and Lessor may require and enforce performance by Lessee of each and every term and provision of this Lease incumbent upon the Lessee to be kept and performed, utilizing any available remedy therefor. 

(c) Arbitration. Any disagreement between Lessor and Lessee arising hereunder shall be submitted to binding arbitration in
accordance with the rules of the American Arbitration Association then in effect. A panel of three arbitrators, knowledgeable with the coal industry in the western Kentucky area, shall be named, one to be selected by Lessee, one to be selected by
Lessor, and one to be selected by the other two arbitrators. If the two arbitrators appointed by Lessor and Lessee cannot agree on the selection of the third neutral arbitrator selection of such arbitrator shall be made by the American Arbitration
Association. The non-prevailing party shall be responsible for the reasonable expenses, fees and costs (including, without limitation, reasonable attorney’s fees) incurred by both Lessor and Lessee in such arbitration. If royalty payments are
disputed, then those payments shall be placed by Lessee in an interest-bearing escrow account to be distributed in accordance with the decision of the arbitrators. With regard to any monetary sum or quantum measurement such as coal tonnages or
reserves, the figures determined by each of the arbitrators shall be averaged and the determination which differs most from said average shall be excluded; the remaining two determinations shall then be averaged and such average shall be final and
conclusive. 
 (d) Rights of Lessee Upon Termination of Lease. Upon the termination of this Lease for any cause or in any
manner, and upon completion of all reclamation as required by governing authorities and upon payment by Lessee to Lessor of all royalties due hereunder, Lessee shall have the right and obligation within a period of twelve (12) months from the
date of such termination to remove all buildings, structures, machinery, equipment, tools, tracks, power lines and other property owned by Lessee from any portion of the Surface Lands then owned by Lessor; provided, however, that if the propriety of
such termination shall be a matter of disagreement or dispute between Lessor and Lessee, then such twelve (12) months’ period shall not commence to run until, after the dispute is resolved. Provided, further, that if Lessee,
notwithstanding the exercise of reasonable diligence, is prevented by causes beyond the control, and without the fault or negligence, of Lessee from removing said property of Lessee within such twelve (12) months’ period, Lessee shall
have, in addition to said twelve (12) months, a period of time equal to the period of time during which Lessee was so prevented from removing such property. 

  
 C-5

 ARTICLE 5 
 REPRESENTATIONS AND WARRANTIES 

Section 5.1-Due Authority of Lessor and Quiet Enjoyment. Lessor covenants and warrants that it has full power and authority
to grant, lease, and let the Premises and the license to the Surface Lands as hereinabove and hereinafter set forth. Lessor, for itself and its successors and assigns, covenants that Lessee shall, against all and every person or persons lawfully
claiming the whole or any part of the Premises or the Surface Lands by, through, or under Lessor, have and quietly possess and enjoy the Premises and the Surface Lands throughout the term of this Lease, so long as Lessee shall not be in default in
the performance of any covenant of this Lease incumbent upon it to be kept and performed. In the event of any such asserted claim which may affect or impair the quiet possession of any part of the Premises or the Surface Lands by Lessee, notice in
writing thereof shall be promptly delivered to Lessor, and Lessor shall be privileged to contest any such claim at its expense; and in such event Lessee shall cooperate with Lessor to remedy the situation, with respect to the part of the Premises or
the Surface Lands as to which such claim has been asserted until such claim is settled, which Lessor agrees shall be done promptly if same can be done on a reasonable basis. Lessor shall not enter into any agreement(s) with third parties that may
interfere with the mining operation or create any obligation or responsibility on Lessee’s part unless agreed to in writing by Lessee. 
 Section 5.2-Eminent Domain or Condemnation Proceedings. Lessor covenants that there are no eminent domain, zoning or condemnation proceedings pending or threatened against or related to the
Surface Lands or any portion thereof. 
 Section 5.3-Litigation. Lessor represents and warrants that there is no
claim, legal action, suit, proceeding, arbitration, dispute, governmental investigation or administrative proceeding, nor any order, decree, or judgment, pending or in effect, or, to Lessor’s knowledge, threatened, against or affecting
(i) the Premises and/or the Surface Lands, (ii) the ability of Lessor to execute this Lease, or (iii) the accuracy and completeness of any representation and warranty of Lessor made herein. 

Section 5.4-Third Party Claims. Lessor represents and warrants that neither Lessor nor the Premises and/or the Surface Lands
are bound by any contract, agreement, lease, license or subject to any encumbrance of any kind or nature, to which Lessor or its predecessors were a party thereto, and that would in any manner restrict, limit or affect Lessee’s ability to mine
and operate the Premises and/or the Surface Lands as Lessee would choose, free of any obligation to or claim of any person or organization associated with, arising out of or in connection with any such contract, agreement, lease, license or
encumbrance of Lessor or of any affiliate thereof, or of any predecessor in title in interest to the Premises and/or the Surface Lands, including any agreement applicable to any of its employees. 

ARTICLE 6 

INDEMNIFICATION 
 Section 6.1-Indemnification of Lessor. Lessee shall, at its own cost and expense, pay all wages, workmen’s compensation claims, claims for material, equipment and supplies contracted for
by the Lessee in connection with the conduct of its operations hereunder, and shall indemnify and hold, Lessor and its assigns harmless of, from and against, any and all claims damages, demands, expenses, fines, liabilities and taxes (of any
character or nature whatsoever, regardless of by whom imposed), and losses of every conceivable kind, character and nature whatsoever (including, but not limited to, claims for losses or damages to any property or injury to or death of any person)
asserted by or on behalf of any person arising out of, resulting from or in any way connected with Lessee’s presence on or mining of the coal on the Premises or the Surface Lands. Lessee also covenants and agrees, at its expense, to pay, and to
indemnify and save Lessor and its assigns harmless of, from and against, all costs, reasonable attorneys’ fees, expenses and liabilities incurred in any action or proceeding brought by reason of any such claim or demand. 

  
 C-6

 ARTICLE 7 
 TAXES 
 Section 7.1-Payment of Taxes. Lessee shall pay
or cause to be paid the real estate taxes levied on the Premises and the Surface Lands and shall pay all severance taxes or other taxes based upon production of coal mined from the Premises. 

ARTICLE 8 

RECLAMATION OF SURFACE LANDS 

Section 8.1-Reclamation of Surface Lands by Lessee. Once mining commences on the Surface Lands, Lessee will reclaim the
Surface Lands in accordance with all existing applicable federal, state and local laws. In this connection, it will, among other things, fill in or cover all cuts, pits and adits or establish water impoundments, restore the mined out areas to an
acceptable contour, replant such areas and dispose of all toxic and acid-bearing substances in accordance with all applicable laws and regulations in order to ensure that the Surface Lands will not constitute an unreasonable hazard. Lessor shall
have the right, but not the obligation, to inspect all land restoration and revegitation of the Surface Lands and the disposal of toxic substances on the Surface Lands to see that Lessee has complied with all existing applicable federal, state and
local laws before Lessee requests releases from any federal, state or county bonding requirements in connection with the above. Lessee shall have no obligation to dispose of foreign or toxic substances of Lessor or others without the written
agreement of Lessee. Lessee shall have the right to make re-entry onto the Surface Lands with machinery and equipment from time to time after the formal termination of the term hereof for the purpose of compliance with any federal, state or local
government requirements. 
 ARTICLE 9 
 GENERAL 
 Section 9.1-Remedies, Etc., Cumulative. Each
right, power and remedy of Lessor or Lessee provided for in this Lease shall be cumulative and concurrent and shall be in addition to every other right, power or remedy provided for in this Lease or now or hereafter existing at law or in equity or
by statute or otherwise, and the exercise or beginning of the exercise or the failure to exercise by Lessor or Lessee of any one or more of the rights, powers or remedies provided for in this Lease or now or hereafter existing at law or in equity or
by statute or otherwise shall not preclude the simultaneous or later exercise by Lessor or Lessee of any or all rights, powers or remedies. 
 Section 9.2-Notices. All notices and other communications with respect to this Lease shall be in writing and shall be deemed effectively given when delivered personally or seventy-two
(72) hours after mailing by certified mail, postage prepaid, to the following addresses of the parties: 

  
 C-7

 If to Lessor: 
 Western Diamond LLC/Western Land Company, LLC 
 Western Mineral Development, LLC

 7733 Forsyth Blvd., Suite 1625 
 St. Louis, MO 63105 
 Attn: J. Hord Armstrong, III 

Facsimile: (314) 721-8211 
 If to Lessee: 
 Armstrong Coal Company, Inc. 

7733 Forsyth Blvd., Suite 1625 
 St. Louis, MO 63105 
 Attn: J. Hord Armstrong, III 

Facsimile: (314) 721-8211 

Each party may change its address by giving written notice of such change to the other party. 

Section 9.3-Binding Effect of Lease, Subleasing. This Lease shall be binding upon and inure to the benefit of the parties
hereto and their respective successors and assigns; provided, however, that no assignment of this Lease or sublease of the Premises may be made by Lessee other than to an affiliate of Lessee, without the prior written consent of Lessor, which
consent shall not be unreasonably withheld, delayed or conditioned. 
 Section 9.4-Entire Agreement. This Lease
constitutes the entire agreement between the parties hereto with respect to the subject matter hereof, and no alteration, modification or interpretation hereof shall be binding upon the parties hereto unless in writing and signed by Lessor and
Lessee. 
 Section 9.5-Governing Law and Section Headings. This Lease shall be interpreted and construed in
accordance with the laws of the Commonwealth of Kentucky. The titles of the Articles and Sections in this Lease have been inserted as a matter of convenience of reference only and shall not control or affect the meaning or construction of any of the
terms and provisions hereof. 
 Section 9.6-Force Majeure. If because of Force Majeure either party hereto is unable
to carry out any of its obligations under this Lease (other than obligations of either party to pay money due), and if such party promptly gives to the other party hereto written notice of such Force Majeure, then the obligations of the party giving
such notice shall be suspended to the extent made necessary by such Force Majeure and during its continuance, provided the effect of such Force Majeure is eliminated in so far as possible with all reasonable dispatch. The term “Force
Majeure” as used herein shall mean any unforeseeable causes beyond the control and without fault or negligence of the party affected thereby, such as acts of God, acts of the public enemy, insurrections, riots, labor disputes, labor or material
shortages, fires, explosions, floods, breakdowns of or damage to plants, equipment or facilities, interruptions to transportation, river freeze-ups, embargoes, legislation causing loss of markets, orders or acts of civil or military authority, or
other like or unlike causes which wholly or partly prevent the mining, loading or delivering of the coal by Lessee. 

  
 C-8

 Section 9.7-Recording of Short Form. Lessor and Lessee agree to record a short
form of this Lease in the Office of the County Clerk. 
 Section 9.8-Oil and Gas. In connection with the mining of
any coal on properties where Lessor owns the coal rights and on which there exist any abandoned and/or active oil and gas wells, if Lessor and Lessee mutually agree that it is economically beneficial to mine through any such wells, then Lessor and
Lessee agree that each will pay (i) one half of the costs of plugging any abandoned oil or gas wells, and (ii) one half of the costs of plugging, re-drilling and restoring production (including piping relocation) in the case of any active
oil and gas wells. 
 [Signature pages follow] 

  
 C-9

 IN WITNESS WHEREOF, the
parties hereto have each caused this Lease to be executed by one of its duly authorized officers as of the date first above written. 
  

			
	WESTERN MINERAL DEVELOPMENT, LLC
		
	By:	 	 
		 	Martin D. Wilson, Manager
	
	WESTERN DIAMOND LLC /WESTERN LAND COMPANY, LLC
		
	By:	 	 
		 	Martin D. Wilson, Manager
	
	ARMSTRONG COAL COMPANY, INC.
		
	By:	 	 
		 	Martin D. Wilson, President

  
 C-10

 SCHEDULE A 
 TO COAL MINING LEASE 
 [Description of Owned Property] 

  
 C-11

 SCHEDULE B 
 TO COAL MINING LEASE 
 [Description of Leased Premises] 

  
 C-12EX-10.46

 Exhibit 10.46 
 COAL MINING LEASE 
 THIS COAL MINING LEASE (the “Lease”), made
this 27th day of October, 2010, (the “Effective Date”) between Alcoa Fuels, Inc., an Indiana corporation of 4700 Darlington Road, Newburgh, Indiana 47630 (“Lessor”), and Armstrong Coal Company, Inc., a Delaware corporation, with
an address of 407 Brown Road, Madisonville, Kentucky 42431 (“Lessee”). 
 WITNESSETH: 

That for and in consideration of the promises and undertakings herein contained, Lessor does hereby exclusively demise, lease and let
unto Lessee, its successors and assigns, all of its right, title and interest in and to the No. 6 coal, and all coal lying above the No. 6 coal, underlying the following described real estate, and the right to enter in, upon and under the
herein demised real estate for the purpose of mining and removing therefrom said coal which can be commercially mined and removed by underground method of mining (now known or hereafter developed), within and underlying the land, situated in Webster
and Union Counties, Kentucky, more particularly described in 
 Exhibit A 

and containing approximately 20,000 acres of coal and 1,500 acres of surface, more or less (hereinafter called the “Leased Premises”),

 TOGETHER with the right to mine and otherwise to develop, survey, work and process for market said coal by any method or
machinery now or hereafter employed, including the free and uninterrupted right and right-of-way into, upon, over, across, under and through the Leased Premises at such points and in such manner as may be convenient or necessary for the purpose of
all operations, in connection with coal herein leased and other coal now owned or hereafter acquired by Lessee in the General Mining Area (defined below), and in the No. 6 seam of coal and in the strata above the same, including, but not
limited to, (i) the transportation of personnel, supplies, equipment, coal, soils, refuse, and other materials, whether originating from the Leased Premises or other lands, (ii) the right to explore, test, drill, dig, mine, drain,
ventilate, extract, transport, process and carry away the coal, (iii) the right to erect and maintain on the Leased Premises such buildings, tipples, processing plants, shafts, engines, machinery, appliances, devices, wells, roadways, railroad
tracks, powerlines, pipelines, dams, ditches, water and slurry impoundments, and all other structures and improvements necessary or convenient to said operations, without being required to leave or provide subjacent or lateral support to the
overlying strata or surface or anything therein, thereon or thereunder, including structures or improvements now or hereafter erected thereon, (iv) the right to stockpile, store, process, ship, backfill, market (without limitation) or
permanently dispose of, on, under the Leased Premises, coal, lignite, water, earth, coal preparation waste and slurry, but excluding the right to dispose of any other substance, including without limitation, flyash, bottom ash, scrubber sludge or
any 

  
 1 

 other coal combustion product, (v) the right to use any water located upon or below the Leased Premises
and to appropriate, develop, consume, drain and dispose of all water on, under and appurtenant to the Leased Premises, including the right to alter drainage patterns on the Leased Premises and other lands in the General Mining Area (defined below)
as may be permitted by law; and (vi) the right to subside the surface of the Leased Premises without liability to Lessor, EXCEPT that any slurry impoundment facility must be approved by Lessor in writing prior to construction or expansion, and
such consent shall not be unreasonably withheld. 
 For the consideration aforesaid, Lessor does hereby covenant to WAIVE AND
RELEASE all surface damage, damages to subsurface strata, damages and other damages of any sort howsoever caused by or arising from the removal of the coal or arising from any physical conditions now present or which may hereafter develop in, about
or above the same and, if in connection with operations hereunder. Use of the terms “other coal now owned or hereafter acquired” includes ownership of coal, leasehold of coal, license to remove coal or any other right in any form which
enables Lessee to mine such coal; it is the intention that all rights granted hereunder shall apply to the mining of coal on other lands and shall survive so long as mining operations are continued on the Leased Premises or on any lands located
within the General Mining Area described below. 
 All rights granted by Lessor above, in Paragraph 17, and elsewhere in this
Lease are granted only insofar as Lessor owns sufficient interest in the Leased Premises to grant such rights. All grants are subject to rights-of-way, easements and other rights appearing of record, apparent on the premises or disclosed to Lessee
prior to the Effective Date. 
 TO HAVE AND TO HOLD the Leased Premises for a term commencing on the Effective Date and
extending through June 1, 2016 (the period of time extending from the Effective Date through the fifth anniversary of the Effective Date being sometimes called the “Primary Term” herein), and so long thereafter as any recovery of coal
herein leased, or any of the mining operations described in and permitted by the preceding paragraphs, are being conducted in, on or under the Leased Premises or the area described or shown on Exhibit B (referred to herein as the
“General Mining Area”), or until all reclamation activities related thereto have been completed. 
 IN CONSIDERATION
WHEREOF, the parties hereto covenant and agree as follows: 
 1. LESSEE TO COMPLY WITH LAWS. (a) Lessee shall conduct its
operations on the Leased Premises in a workmanlike and prudent manner, and shall, at all times, comply with all applicable laws, rules, regulations and requirements now and hereafter in effect. Lessor hereby grants Lessee the authority to take
whatever actions are necessary on the Leased Premises in order to comply with said laws, rules and regulations. Lessee shall completely reclaim the Leased Premises. Such obligation to reclaim the Leased Premises shall be in addition to, and
completely independent of, Lessee’s obligation to pay royalties as provided herein. Lessor further agrees that, subject to subparagraphs (b) and (c) below, Lessee’s sole responsibility for the reclamation of the Leased Premises
shall be to comply with the requirements set forth in all applicable federal, state and local laws, rules and regulations or other requirements now and hereafter in effect. Lessee shall be solely responsible for obtaining all necessary permits and
authorization for its reclamation activities. 

  
 2 

 (b) Reclamation of woodlands, where required, shall be by planting of oak, hard maple, ash
or other commercial hardwood species of tree (and other tree species if required by state or federal regulatory agencies.) 
 (c)
All reclamation plans must be approved in writing by Lessor which may impose changes, provided that (a) such changes comply with applicable state or federal statutes, rules and regulations and (b) do not cause any substantial increase in
reclamation costs (unless Lessor agrees to pay for a substantial increase in costs). 
 2. EARNED ROYALTIES. (a) Lessee
shall deliver to Lessor, in kind and in lieu of the payment of a royalty in cash, Six percent (6%) of all merchantable coal mined from the Leased Premises, if any, which coal shall be: (i) washed and processed in the same manner as washed
and processed coal which is shipped from the mine to third party purchasers and (ii) delivered f.o.b., rail(, barge) or truck, the mine. If delivered by rail car (or barge), the loading rate shall be consistent with Lessor’s rail (or
barge) contracts. Freeze conditioning shall be applied when requested by Lessor or its transportation contractor at Lessor’s cost. Delivery shall be in the quantities and at the times designated by Lessor, but Lessee shall not be required to
store coal for delivery to Lessor for more than three (3) consecutive months at a time. If more than one manner of washing or process is used for the coal by Lessee, then the in kind royalty shall be washed and processed in the manner selected
by Lessor. Lessee may deliver coal from another source as in kind royalty so long as it meets the minimum standards set forth in Exhibit C (the “Minimum Standard”). 

(b) The minimum royalty per calendar year (prorated for partial calendar years) is delivery of 60,000 tons of coal from the Leased
Premises or from another source meeting the Minimum Standards, beginning two years from the date of receipt of all necessary mining permits and the expiration of any right of challenge the issuance of such permits, but no later than June 1,
2016. This obligation to deliver the minimum royalty shall terminate when both (i) all tons of coal have been mined from the Leased Premises pursuant to the Mine Plan (defined hereinbelow), and (ii) all royalties owed thereon, whether in
kind or in cash, have been paid to Lessor. 
 (c) At any time and at various times, Lessor may elect to temporarily receive all
or part of the earned royalty in cash rather than in kind, provided that such elections may be made no more frequently than once each calendar quarter. Each election shall be effective thirty (30) days after delivery of notice to Lessee.

 (d) For time periods when Lessor elects to receive any of the earned royalty in cash, Lessee shall pay to Lessor on or before
the 28th day of each calendar month (“Month”) any earned royalty for all coal mined, sold and shipped from the Leased Premises, or consumed in synthetic fuel facilities on the mine site, during the preceding Month for such preceding Month
in an amount equal to six percent (6%) of the Gross Realization, as hereinafter defined. No earned royalty shall be paid for coal refuse, including without limitation coal slurry deposited in cleaning slurry ponds, but if such refuse is sold by
Lessee, Lessor shall be entitled to a royalty of three percent (3%) of the sale price of such material. 

  
 3 

 (e) Measurement of weights for purposes of computing the earned royalties shall be in the
case of such coal (i) shipped by rail, determined by the rail carrier in accordance with its customary practices employed for invoicing such shipments, (ii) delivered other than by rail, determined by Lessee by use of accurate scales or
(iii) commingled with other coal not mined from the Leased Premises, determined by an accurate system of weights and measurements commonly used in the bituminous coal industry. If (i) through (iii) are not applicable (e.g., coal is
stored by Lessee and not delivered), measurement of weights for purposes of computing the earned royalties shall be by such other accurate means as may be commonly used in the industry. 

(f) As used in this Lease, the following terms shall have the following respective meanings: 

“Gross Realization” shall be the “Average Gross Sales Price” per ton of coal actually mined, removed, sold and shipped
from the Leased Premises during any month which shall be an amount equal to the total gross proceeds from all such sales of such coal (excluding sales to affiliates or otherwise not arms length transactions) during such month divided by the total
number of tons of such coal, except that deductions shall be made from the total gross proceeds for the following items to the extent included in such total gross proceeds (i) any tax assessed upon or measured by the production of such coal,
the severance thereof from the Leased Premises, or the sale thereof, (ii) any royalty, assessment, levy or charge upon the mining, extracting or removing of such coal made for the purpose of providing health and/or welfare (including, without
limitation, black lung) benefits for any employees of Lessee, its successors or assigns, or other persons similarly employed by the coal mining industry, pursuant to any applicable law, rule, regulation or contract of employment covering such
employees and/or such other persons, and (iii) transportation or delivery costs incurred by Lessee in transporting such coal from the tipple at which such coal is processed to point of sale. 

“Mine Plan” shall mean the mining plan proposed by Lessee and approved by Lessor. The Mine Plan shall be agreed upon by Lessor
and Lessee within twelve (12) months of the Effective Date and shall identify all portions of the Leased Premises to be mined and shall include the number and location of No. 6 coal acres and No. 9 coal acres comprising the Leased
Premises. Lessee agrees, within ten (10) days following a request from Lessor, to execute any document(s) necessary and otherwise to release all portions of the Leased Premises not to be mined under the Mine Plan. 

“Ton” shall mean a ton of 2,000 pounds avoirdupois. Measurement of weights for purposes of computing the “Average Gross
Sales Price” of coal mined from the Leased Premises shall be per Paragraph 2(e). 

  
 4 

 3. MINIMUM ROYALTIES. Lessee covenants and agrees to pay to Lessor an annual advance minimum
royalty (“Minimum Royalty”) of 16,000 tons of coal, delivered f.o.b., barge, the mine, or to such other location mutually agreed to by Lessor and Lessee. Minimum Royalty for the first lease year shall be delivered to Lessor sixty
(60) days following the execution of this Agreement, and all Minimum Royalty after the first lease year shall be due and delivered in full on or before each anniversary of the date of this Agreement. Minimum Royalty shall be of a quality equal
to the minimum standards set forth on Exhibit C. Minimum Royalty shall be recoupable against earned royalty for coal mined at a rate not to exceed Five Hundred Thousand Dollars ($500,000) per calendar year. Recoupment against in kind earned royalty
shall be calculated at the rate per ton equal to the Average Gross Sales Price per ton for coal sold to third parties of a quality equal to the minimum standards set forth on Exhibit C, as the same is calculated under subparagraph 2(e). 

4. DILIGENT PURSUIT OF MINING PERMIT. Lessee shall diligently pursue all permits necessary for the mining of the
Leased Premises and must have submitted a substantially complete mine permit application to the appropriate Kentucky regulatory authority by June 30th, 2012. If Lessee has not submitted the required permit application in accordance with this paragraph, then an
additional royalty of Two Hundred Fifty Thousand Dollars ($250,000) shall be paid to Lessor on July 31st, 2012 (one month later), and an identical amount shall be paid to Lessor on each 6 month anniversary thereafter until such permit application is submitted; (such payments being herein referred to as
“Additional Royalty”). Additional Royalty shall be recoupable against earned royalty for coal mined at a rate not to exceed Two Hundred Fifty Thousand Dollars ($250,000) per calendar year. Recoupment against in kind earned royalty shall be
calculated at the rate per ton equal to the Average Gross Sales Price per ton for coal sold to third parties of a quality equal to the minimum standards set forth on Exhibit C, as the same is calculated under subparagraph 2(e). 

5. RECORDS, MAPS AND ACCOUNTS. Lessee shall furnish to Lessor, on or before the 28th day of each month, a complete and accurate statement
showing the quantity of coal mined, removed, shipped and sold from the Leased Premises, together with a statement showing the earned royalty due by such day or delivered in kind. Unless either party hereto shall give notice to the other of a dispute
or question with respect to such statement within one (1) year from the date the same is delivered to Lessor, such statement shall be final and binding upon the parties hereto, except in cases of fraud which shall be governed by the applicable
limitations acts. Lessor shall, at all reasonable times and upon at least three (3) days’ prior written notice to Lessee, at Lessor’s sole cost, have access to those books, maps and records of Lessee reasonably necessary to accurately
determine the Tons of coal mined and sold by Lessee from the Leased Premises and the earned royalties due to Lessor. 
 6. TAXES.
Lessee covenants and agrees that during the Lease Term, Lessee will pay all taxes assessed upon or levied against the Leased Premises (including ad valorem) and all taxes assessed upon or levied against all improvements, machinery, equipment or
other property of Lessee installed or placed in or upon the Leased Premises by Lessee. Lessor shall provide to Lessee all real estate tax statements within thirty days of receipt and Lessee shall pay the same on or prior to the date due. Payments by
Lessee of ad valorem taxes assessed against Lessor shall be fully recoupable by Lessee from Earned Royalties thereafter due. 

  
 5 

 7. INDEMNIFICATION. Lessee shall pay, at its own cost and expense, all wages, worker’s
compensation claims, claims for material, equipment and supplies contracted for by Lessee in connection with its operations and use of the Leased Premises and shall not permit any mechanics lien or other claims against the Leased Premises to remain
a cloud on Lessor’s interest for more than sixty (60) days. Lessee hereby agrees to indemnify, protect, defend, save and hold harmless Lessor, its officers, directors, shareholders, employees, representatives, subsidiaries and affiliated
companies (collectively “Indemnitees”), from and against any and all liabilities, costs, claims, penalties, forfeitures, demands, suits or causes of action in law or in equity and the costs and expenses incident thereto (including costs of
defense, settlement, and attorneys’ fees, including the costs of attorneys in the employ of Indemnitees) which Indemnitees may suffer, incur, become responsible for or pay out as a result of death or bodily injuries to any person, destruction,
loss or damage to any property, real or personal, contamination of or adverse effect on the environment, or violation or alleged violation of federal, state, or local law, rule regulation, ordinance, order, decree, decision, restriction, permit or
license, caused by or resulting from the negligence or willful acts or omissions of Lessee, subcontractors or materialmen under the Lease, or the representatives, agents, employees, or invitees of any of them, as a consequence of or in any manner
connected with performance of the Lease, whether any act, omission or negligence of any Indemnitee actually, or allegedly contributed thereto. With respect to claims against Lessor by Lessee’s employees, Lessee agrees to, and herein does,
expressly waive its immunity, as a complying employer under Worker’s Compensation law, for any and all acts of negligence, whether passive or active, but only to the extent that such immunity would bar or affect recovery under or enforcement of
this indemnification obligation. This waiver shall apply to any immunity conferred upon an employer by any state’s constitution or Workers’ Compensation laws with respect to liability for claims asserted against a third party by
Lessee’s employee. Lessor and Lessee expressly intend by the foregoing that Lessee will indemnify and protect Indemnitees from the consequences of any of Indemnitees’ negligence, including without limitation all instances in which
Indemnitees’s negligent actions, including the concurrent negligence of Indemnitee(s), whether active or passive, actually or allegedly caused or contributed to, injury, death, destruction, loss or damage; provided that nothing contained
in the Lease will obligate lessee to indemnify Indemnitees from any claim which may arise from the sole negligence or the willful actions or inactions of the Indemnitees. This indemnification provision is in addition and cumulative to any other
right of indemnification or contribution which any of the Indemnitees may have at law, in equity, or otherwise, and will survive completion of the Lease. Lessor shall have the right, but not the obligation, to inspect the property at all times in
order to confirm that Lessee is in compliance with all environmental laws; provided, however, that Lessor shall have no control over any such compliance or over any mining operations. 

8. TITLE; LESSER INTEREST. Lessor does not warrant title to the Leased Premises, except that Lessor warrants that it has not created or
suffered any lien or encumbrance against the Leased Premises other than real estate taxes not yet due and payable. During the term of this Lease, Lessor shall not impair or suffer by act or omission any impairment of its title to the Leased Premises
which would interfere with Lessee’s exercise of its rights under this Lease. Lessor agrees that Lessee, at its option, may discharge any tax, mortgage or other lien or encumbrance suffered or permitted upon or against the Leased Premises and
that any expenses 

  
 6 

 
incurred by Lessee in connection therewith may be credited against amounts then or thereafter due Lessor hereunder. Lessor shall cooperate with Lessee in resolving any title problems affecting
the Leased Premises. Lessor shall provide to Lessee, at Lessee’s request, such abstracts of title and title insurance policies as are available to Lessor, but all additional title information shall be acquired at the cost of Lessee. 

Lessor also represents and warrants that there is no claim, legal action, suit, proceeding, arbitration, dispute, governmental
investigation or administrative proceeding, nor any order, decree, or judgment, pending or in effect, or, to Lessor’s knowledge, threatened, against or affecting (i) the Leased Premises, (ii) the ability of Lessor to execute this
Lease, or (iii) the accuracy and completeness of any representation and warranty of Lessor made herein. 
 Prior to
conducting any mining operations on any part of the Leased Premises, Lessee shall obtain a title opinion indicating that it has the rights to conduct such operations on that part. 

If Lessor owns an interest in any portion of the Leased Premises less than the entire coal estate therein, the earned royalties shall be
paid to Lessor, with regard to that portion, only in the proportion that Lessor’s actual interest in that portion bears to the entire estate therein. 
 This Lease shall extend to the successors, sublessees and assigns of the parties hereto, but no change in or division of the ownership of the Leased Premises or royalties payable hereunder, however
accomplished, shall operate to enlarge the obligations or diminish the rights of Lessee hereunder and no such change or division shall be binding upon Lessee for any purpose until Lessee has been furnished with a duly recorded written instrument or
instruments evidencing and effecting the same. In the event of any question or dispute as to ownership of, or mining rights to, the Leased Premises or as to royalties or other sums payable hereunder, all cash royalties and other cash payments due
Lessor hereunder may be held in a non-interest bearing escrow account by Lessee until such dispute is finally resolved. Any sums so held in escrow by Lessee shall be deemed payment of earned royalties or other sums due hereunder. 

9. POSSESSION. Lessor may retain possession of the Leased Premises until such time that Lessee determines, in its sole discretion, that
possession of the Leased Premises, or a portion thereof, is necessary or desirable for its mining operations. Lessee shall notify Lessor of such determination by providing Lessor with thirty (30) days prior written notice thereof. As of the
date specified in such notice, Lessor’s right to farm or otherwise occupy the Leased Premises or such designated portion shall terminate and Lessor shall thereupon yield exclusive possession of the Leased Premises or such designated portion to
Lessee, subject to the provisions of Paragraph 24 below. In the event that (i) as of the date Lessee gives any such notice to Lessor there are any crops planted but not harvested from the Leased Premises or such designated portion, and
(ii) Lessor would not be able to harvest such crops prior to the date specified in the notice, Lessee shall pay to Lessor the value of such crops. In the event the parties hereto are unable to agree upon the value by the time of possession by
Lessee, each party shall select an appraiser and the two appraisers selected shall agree upon a fair value for such crops; provided, however, that in the event the two appraisers cannot so agree within 30 days after their selection,
they shall select a third appraiser and the decision of the majority of the appraisers shall be binding upon both 

  
 7 

 
parties hereto. Notwithstanding the foregoing, the payment of the agreed upon amount or fair value as determined by the appraisers shall not be a condition precedent to Lessee’s right to
immediate possession of the Leased Premises or such designated portion on the date specified in the written notice. 
 10.
NOTICES; PAYMENTS. Notices and other communications required or permitted to be made or given hereunder shall be in writing and shall be delivered (a) personally; (b) by depositing the same, postage prepaid, in the United States Mail,
(first class, certified or registered (return receipt requested)), or (c) by private express or other delivery service, at the respective addresses of the parties set forth hereinabove; provided, however, that either party hereto
may from time to time change such address by giving written notice, delivered as aforesaid, of the new or changed address. Notice by facsimile (fax), electronic mail or by any other method not authorized above shall not constitute notice. The day
upon which any such notice shall have been received by the party to whom it is addressed or delivered shall constitute the date such notice was given and the first day of any subsequent period herein provided for response to such notice. 

All payments shall be made by wire transfer of immediately available funds according to wiring instructions provided by Lessor, or by
automated clearinghouse, if so elected by Lessor. All payments shall be made by Lessee to Lessor by the date specified in this Lease. In the event that there is a good faith dispute between Lessor and Lessee regarding any amounts owed hereunder from
time to time, Lessee shall make payment when due of all amounts not in dispute and, within ten (10) days of resolution of any dispute, it shall pay all additional amounts owed to Lessor with interest at the then effective prime commercial
lending rate per annum announced by Citibank from time to time, at its principal office in New York City. 
 11. LESSEE’S
RIGHT TO SURRENDER OR TERMINATE LEASE. (a) Upon payment of the termination fee set forth in subparagraph (b) below, Lessee shall have the right at any time, and from time to time, during the Lease Term to execute and deliver to Lessor and
file for record in the official records of the county or counties where the Leased Premises are located, a release or releases covering all or any portion of the Leased Premises and from and after the date of such release all its obligations and
liabilities in respect to such properties shall terminate, except that if mining has occurred on the surrendered property then Lessee shall (a) pay any royalty due by reason of mining prior to the release and (b) comply with all
reclamation laws and regulations applicable to the released property. Recording shall be considered delivery to Lessor. A partial release shall not affect the amount of minimum earned royalties to be paid or delivered to Lessor. 

(b) In the event Lessee terminates this Lease prior to June 1, 2016, then Lessee will pay to Lessor a fee (“Termination
Fee”) as follows: 
 (i) For a termination on or after the Effective Date but before June 1, 2012, the Termination Fee
shall be Ten Dollars ($10.00) per coal acre in the Leased Premises. 

  
 8 

 (ii) For a termination on or after June 2, 2012, but before June 1, 2013, the
Termination Fee shall be Twenty Dollars ($20.00) per coal acre in the Leased Premises. 
 (iii) For a termination on or after
June 2, 2013, but before June 1, 2014, the Termination Fee shall be Thirty Dollars ($30.00) per coal acre in the Leased Premises. 
 (iv) For a termination on or after June 2, 2014, but before June 1, 2015, the Termination Fee shall be Forty Dollars ($40.00) per coal acre in the Leased Premises. 

(ii) For a termination on or after June 2, 2015, but before June 1, 2016, the Termination Fee shall be Fifty Dollars ($50.00)
per coal acre in the Leased Premises. 
 For purposes of this subparagraph (b), the parties agree that the Leased Premises consists of 15,000
coal acres. All unrecouped Minimum Royalty and unrecouped Additional Royalty shall be recoupable against the Termination Fee. 

12. NO IMPLIED COVENANTS WITH RESPECT TO MINING. Except for the diligent pursuit of a mining permit, as required by Paragraph 4, Lessee
has no obligation, implied or express, to commence exploration, development or mining upon the Leased Premises, to diligently prosecute mining operations once such mining has commenced or to mine any coal which Lessee deems not to be merchantable or
economically mineable or which it otherwise, in Lessee’s sole discretion, decides not to mine, it being expressly understood that the payment made this date fully compensates Lessor for any such failure. 

13. FORCE MAJEURE. Lessee shall not be deemed to be in default for any failure to perform or observe any of the terms, conditions,
provisions, obligations or covenants to be performed or observed by it hereunder other than payment or delivery of minimum earned royalties, during periods in which such performance or observance is prevented by any event reasonably beyond
Lessee’s control (any such event being herein called “Force Majeure”), including, without limitation, fire, flood, windstorm, other damage from the elements, strike, riot, unavailability of transportation or necessary equipment,
actions of governmental authority, acts of God and acts of the public enemy, provided that such Force Majeure is eliminated insofar as possible and economically practicable with all reasonable dispatch. The Lease Term shall be extended, unless
sooner terminated by Lessee, for a period equal to any period of Force Majeure. Lessee shall notify Lessor of the beginning and ending date of each period of Force Majeure. 
 14. WAIVER, MODIFICATION OR AMENDMENT. No failure or delay on the part of either Lessee or Lessor in exercising any of such party’s respective rights hereunder upon any failure by the other party to
perform or observe any condition, covenant or provision herein contained shall operate as a waiver thereof, nor shall any single or partial exercise of any of such rights preclude any other or further exercise thereof or the exercise of any other
right hereunder. No waiver, release, modification or amendment of any of the terms, conditions or provisions of this Lease shall be valid or effective unless the same is in writing, duly executed by Lessor and Lessee. 

  
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 15. DEFAULT. In the event Lessee shall fail to make any cash payment at the time the same is
due and payable hereunder, and such default shall continue for a period of 30 days after written notice thereof shall have been given to Lessee by Lessor (10 days after such written notice in the case of Additional Royalty due under Paragraph 3), or
if Lessee shall otherwise be in default and such default shall continue for a period of 60 days after written notice thereof shall have been given to Lessee by Lessor, Lessor shall have the right to terminate this Lease by giving written notice of
such termination to Lessee and such termination shall be effective immediately or upon such later date as specified in the notice, and Lessor shall retain all sums previously paid hereunder. Provided, however, for all matters other
than a failure to pay Additional Royalty due under Paragraph 3 above, if Lessee in good faith disputes that it is in default hereunder, Lessee shall so notify Lessor in writing within 30 days after receiving the notice of default from Lessor and, in
that event, the foregoing 30 day or 60-day period, as the case may be, shall begin on the date either (a) Lessor and Lessee resolve such dispute or (b) a final judicial determination is rendered with respect to the default hereunder as
specified in Lessor’s notice to Lessee. In the event of a dispute, Lessee shall pay all amounts determined to be due and owing upon resolution of the dispute, or a final determination, as the case may be, with interest thereon at the then
effective prime commercial lending rate per annum announced by Citibank from time to time, at its principal office in New York City. Termination by reason of default shall not relieve Lessee of (a) Lessee’s obligation to pay all sums or in
kind deliveries due Lessor for coal mined prior to termination, (b) Lessee’s obligation to pay all other sums which are otherwise due Lessor, (c) any obligation which Lessee has incurred by reason of its activities on the property (by
way of example and not limitation, the obligation to report and the obligation to reclaim) or (d) any additional obligation to Lessor by reason of Lessor’s default. 
 16. USE, DEVELOPMENT AND DISPOSITION OF CERTAIN MINERAL INTERESTS. The rights hereby granted to Lessee shall not include mining rights with respect to any seam of coal below the No. 6 seam of coal,
coal bed methane, coal mine methane in old works, or oil or gas. Except as provided in recorded mineral leases entered into prior to the date of this Lease, Lessor agrees that any operations to remove coal bed methane, oil, gas or other mineral not
herein leased to Lessee shall not interfere with the existing or contemplated coal mining operations of Lessee hereunder, and Lessee is hereby given the sole discretion to determine whether such operations interfere or will interfere with the coal
mining operations of Lessee provided, however, that Lessor may develop without restriction, coal bed methane production from coal seams below the No. 6 coal so long as (a) plastic, ceramic or other similar casing is used to facilitate
mining through well sites and (b) any well site will be timely plugged if Lessee deems it necessary to mine through such site. 
 17. CHANGING BOUNDARIES. If a water-course constitutes a boundary of the Leased Premises, then any land contiguous to such boundary, which is at any time and from time to time acquired by Lessor by
accretion or reliction, shall be included in the Leased Premises; likewise, any such land lost by Lessor by avulsion shall be excluded from the Leased Premises at such time. 

  
 10 

 18. EXPLORATION RIGHTS. Notwithstanding anything contained herein to the contrary, Lessee,
prior to taking exclusive possession of the Leased Premises for its mining operations, shall have the right to enter into, upon, over, across and through the Leased Premises at any time, and from time to time, to examine, explore, prospect, drill,
test and evaluate as it deems appropriate all of the Leased Premises for coal and substances mixed with the coal, using such persons, tools, machinery and equipment as Lessee may deem necessary or convenient for the purpose of determining whether
such coal exists; provided, however, that prior to the movement of drilling equipment onto any of the Leased Premises, Lessor shall be notified of such exploration activities by Lessee; and, provided further, however,
that upon completion of such exploration, all drill holes shall be plugged in accordance with applicable state and federal laws, rules and regulations. 
 In the event there are growing crops on the Leased Premises which are damaged or destroyed by Lessee’s exploration, drilling or other activities on the Leased Premises, Lessee shall pay the fair
market value of such damaged crops to Lessor. In the event the parties hereto are unable to agree upon the value within 30 days of completion of exploration activities, each party shall select an appraiser and the two appraisers selected shall agree
upon a fair value for such crops; provided, however, that in the event the two appraisers cannot so agree within 30 days after their selection, they shall select a third appraiser and the decision of the majority of the appraisers
shall be binding upon both parties hereto. 
 19. IMPROVEMENTS. At such time as Lessee shall require all or a portion of the
Leased Premises for its mining operations, Lessee shall have the right to remove or destroy any or all improvements situated thereon, at Lessee’s expense, whether constructed prior to or subsequent to the date of this Lease; provided, however,
that any rail now located on the Leased Premises shall be returned to Lessor in substantially the same condition as it is on the Effective Date and further, that the maintenance shop, office, warehouse and any other existing structures, if used by
Lessee, shall be returned to Lessor in substantially the same condition as found and any structure hereafter built on the Leased Premises shall be removed only if necessary for mining purposes or if requested by Lessor. Unless otherwise agreed to in
writing by Lessor, all such improvements, including the maintenance shop, office and warehouse shall be insured by Lessee against fire and other hazards in an amount equal to their replacement value. 

20. SURRENDER OF POSSESSION AND REMOVAL OF EQUIPMENT. At such times as Lessee has received the release of all bonds, security deposits and
other funds or indemnity documents pertaining to the mining and reclamation of the Leased Premises then, within ninety (90) days following such release, Lessee shall surrender possession of the Leased Premises to Lessor. Lessee shall be
permitted during the period of twelve (12) months following the termination or surrender of this Lease, or any part thereof, to remove any improvements, structures, fixtures, machinery, equipment and supplies or other property from the Leased
Premises, or that portion of the Leased Premises, as the case may be. 
 21. CONDUCT AND SUSPENSION OF OPERATIONS.
(a) Lessee shall conduct all operations in a workmanlike manner and shall not waste any coal or render any coal more difficult to mine unless required by prudent operation, taking into account Lessor’s interest in the entire Leased
Premises. 

  
 11 

 (b) Suspension of actual mining operations by Lessee during the Primary Term shall be
without prejudice to (i) its rights to resume operations on the Leased Premises, or (ii) any of the rights of Lessee to continue occupation and use of the Leased Premises in connection with its mining operations upon any other adjacent,
neighboring or coterminous lands, or lands within the General Mining Area. 
 (c) In the event that Lessee decides to suspend or
abandon mining, whether during or after the Primary Term, Lessee shall give prior written notice to Lessor not less than thirty (30) days prior to the effective date of suspension or abandonment. Lessee shall have, and agrees to assume the full
cost and expense of, for no additional consideration, the duty to preserve and maintain the mine for an additional ninety (90) days from the effective date of suspension or abandonment, as may be reasonably necessary for the mine to remain a
working mine, and otherwise, in compliance with all applicable federal, state and local laws, rules and regulations. The obligation to preserve and maintain the mining as provided in the preceding sentence shall terminate when both (i) all tons
of coal have been mined from the Leased Premises pursuant to the Mine Plan and (ii) all royalties owed thereon, whether in kind or in cash, have been paid to Lessor. 
 22. PARTITION. In the event Lessor owns less than a fee simple absolute interest in the whole of the surface or coal estate of the Leased Premises, Lessor shall, at Lessee’s request, bring any
partition or other suit deemed advisable by Lessee in order to secure all interest necessary or reasonably convenient for mining. Lessee shall pay the costs of said action, including attorney fees, court costs, abstracting and other expenses
associated therewith. Lessor shall cooperate with Lessee in such action and will be available at reasonable times for consultations, appearance for depositions, appearance in court and other as may be necessary or convenient for the furtherance of
said action. If Lessor purchases additional interests at a partition sale under this Paragraph 21, then such interests shall be subject to this Lease. Lessee is authorized to purchase the Leased Premises at a partition sale. If, as a result of a
partition sale requested by Lessee, Lessor no longer holds any interest in any part of the Leased Premises, then this Lease shall terminate as to that part. If, as a result of a partition sale requested by Lessee, Lessor owns a fractional interest
in either the coal or surface estate, then the lesser interest clause in Section 7 shall apply. 
 23. ASSIGNMENT. This
Lease may be assigned by Lessor, in whole or in part. Lessee may not assign this Lease, or sublease any part of the Leased Premises, to any entity other than an affiliate without the written consent of Lessor, which consent shall not be unreasonably
withheld and may be conditioned upon (a) demonstration of financial ability to perform by the proposed assignee, (b) a guarantee of the assignee’s performance by Lessee, (c) other reasonable conditions which protect the interests
of Lessor or (d) any combination of (a) (b) and (c). 
 Lessee may assign this lease to an affiliate without the consent of
Lessor; provided, however, in the event of such assignment to an affiliate, Lessee shall remain jointly and severally liable for all of the obligations contained herein notwithstanding such assignment. An affiliate is defined as any entity which
controls at least 50% of beneficial interest of Lessee (“Controlling Entity”) or any entity the beneficial interest of which is at least 50% controlled by Lessee or a Controlling Entity. 

  
 12 

 24. INSURANCE. Lessee shall procure and maintain at its own cost and expense the following
types of insurance coverage, written by an insurance company with a Best’s Guide Rating of at least A- or comparable from a similarly recognized rating agency: 
 Worker’s Compensation insurance to satisfy statutory requirements of the laws of the state or governmental authority under which the work is performed. The policy shall be endorsed to include
coverage under the Federal Coal Mine Health and Safety Act, as amended. 
 Employer’s Liability Insurance covering the
common law liability of an employer to an employee with limits of not less than Five Million Dollars ($5,000,000) for bodily injury by accident and by disease; 
 Commercial General Liability insurance for bodily injury and property damage written with a combined single limit of not less than Twenty Five Million Dollars ($25,000,000.00) per occurrence. Coverage
shall include but not be limited to premises, independent contractors, products and completed operations, contractual liability, underground resources and pollution liability. The applicable insurance policy exclusions for collapse, explosion and
underground hazards shall be deleted [XCU coverage]. The policy shall not contain a mining limitations endorsement. 

Automobile Liability Insurance for bodily injury and property damage for all owned, non-owned and hired vehicles to satisfy the law where
the vehicle is being operated or with combined limits of not less than U.S. Five Million Dollars ($5,000,000) per accident, whichever is greater. 
 Lessee may satisfy the insurance requirements of this Lease with any combination of primary and umbrella/excess insurance policies. 

All of Lessee’s liability insurance policies shall be written on an occurrence-based policy form, and Lessor will be named as an
additional insured on all of Lessee’s liability insurance policies. The insurance shall contain a waiver of subrogation in favor of Lessor and provision for a 30-day notice of cancellation or material change to Lessor. Lessee shall provide
Lessor with certificates to evidence all insurance required hereunder on or before the Effective Date of the Lease and not later than 10 days prior to the expiration of any insurance policy. 

The requirements in this Insurance Section are separate and distinct from any other obligations of Lessee under this Lease. 

25. LESSEE PROPERTY. Lessee assumes the risk of loss for all Lessee owned, leased or used personal property, equipment, improvements,
stock, inventory located on or at the Leased Premises. Lessee will maintain property insurance consistent with common, prudent industry practice, with coverage written in the manner in which Lessee customarily insures comparable property risks.
Lessee, on behalf of itself and its respective insurers, hereby waives rights of subrogation against Lessor. 

  
 13 

 26. SHORT FORM. Lessor and Lessee agree to execute, acknowledge and deliver a short form or
memorandum of this Lease and to record the short form or memorandum in the counties where the Leased Premises are located. 
 27.
GOVERNING LAW. This Lease shall be construed in accordance with and governed by the laws of the Commonwealth of Kentucky. 
 28.
MISCELLANEOUS. This Lease and all of its terms, covenants and conditions shall be binding upon and inure to the benefit of the parties hereto and upon their respective heirs, executors, administrators, successors and assigns. As used in this
instrument, the singular shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. Unless otherwise designated, any party other than Lessee who signs this Lease shall be deemed a Lessor whether
or not so named herein, and Lessor does hereby surrender and release any rights of dower and homestead insofar as the same affect the Leased Premises. Should any portion of this Lease be declared invalid and unenforceable, then such portion shall be
deemed to be severed from this Lease and shall not affect the remainder thereof. Section headings are for convenience only and shall not be deemed to constitute or affect any provision hereof. This Lease may be executed in one or more counterparts
and all of such counterparts shall constitute but one and the same instrument. 
 WITNESS the due execution of this Lease by the
parties hereto as of the date first above written. 
  

			
	ALCOA FUELS, INC:
		
	By:	 	/s/ G. Royce Haws
		 	G. Royce Haws, President
		 	Alcoa Inc., Attorney in Fact
	
	ARMSTRONG COAL COMPANY, INC.
		
	By:	 	/s/ Kenneth E. Allen
		 	Kenneth Allen, Vice President — Operations

  
 14 

					
	STATE OF Indian	  	)	  	
		  	) SS:	  	
	COUNTY OF Warrick	  	)	  	

 I, Ruth A. Carrell, a Notary Public in and for said County and State, do hereby certify that G. Royce
Haws, personally known to me to be the same person whose name is subscribed to the foregoing instrument as President of ALCOA FUELS, INC., an Indiana Corporation, Alcoa Inc., Attorney in Fact, appeared before me this day in person and acknowledged
that he, being thereunto authorized, signed, and delivered the said instrument as his free and voluntary act of said company and as his free and voluntary act as such officer thereof. 

Given under my hand and Notarial Seal this 28th day of October, 2010. 

 

	
	 /s/ Ruth A. Carrell

	 Notary Public

  

			
	My Commission Expires:	 	County of Residence:
		
	July 19, 2017	 	Warrick

  

					
	STATE OF KENTUCKY	  	)	  	
		  	) SS:	  	
	COUNTY OF HENDERSON	  	)	  	

 I, John H. Henderson, a Notary Public in and for said County and State, do hereby certify that Kenneth
Allen, personally known to me to be the same person whose name is subscribed to the foregoing instrument as Vice President — Operations, of Armstrong Coal, Inc., appeared before me this day in person and acknowledged that he, being thereunto
authorized, signed, and delivered the said instrument as his free and voluntary act of said company and as his free and voluntary act as such officer thereof. 

Given under my hand and Notarial Seal this 27th day of October, 2010. 

 

	
	 /s/ John H. Henderson

	 Notary Public

  

			
	My Commission Expires:	 	County of Residence:
		
	8-13-2012	 	Henderson

  
 15 

 Exhibit A  

Leased Premises 
 All coal tracts, coal mining rights, and surface rights relating to mining bounded as follows: 
 On the southwest by a line running from a point at the intersection of Kentucky Highway 132 and the Williams-Clay Road (also known as the Williams Station Road), running northwestwardly along the
Williams-Clay Road from the vicinity of the town of Clay to the community of Williams in Webster County, Kentucky, and thence from the community of Williams in a straight line to a point where Kentucky Highway 141 crosses a ditch approximately
six-tenths (0.6) of a mile south of the community of Pride in Union County, Kentucky; 
 On the northwest by Kentucky Highway
141 and running northeastwardly along Kentucky Highway 141 to the intersection of Kentucky Highway 141 and Kentucky Highway 56; 

On the north and northeast by Kentucky Highway 56, running eastwardly to the intersection of Kentucky Highway 56 and U. S. Highway 41-A;

 On the east by U. S. Highway 41-A, running southwardly through the City of Dixon to the intersection of U. S. Highway 41-A
and Kentucky Highway 1340 near Fairview Church; 
 On the south by Kentucky Highway 1340, running
westwardly to the intersection of Kentucky Highway 1340 and Kentucky Highway 132 and running southwesterly to the intersection of Kentucky Highway 132 and the Williams-Clay Road (also known as William Station Road), the point of beginning;1,2 
 as shown on the maps attached hereto and including, but not limited to, the properties attached hereto as: 
 Exhibit A-1 Alcoa Coal Properties (Excluding Those Previously Sold By Alcoa And Re-Acquired From Lodestar); 
 Exhibit A-2 Alcoa Coal Properties (Previously Sold To And Re-Acquired From Lodestar); and, 
 Exhibit A-3 Alcoa Coal Properties (Acquired from Lodestar). 
  

	1	The USGS Topographic Maps have Kentucky Highway 132 and Kentucky Highway 1340 incorrectly reversed from Dixon and from Fairview Church on U.S. Highway 41-A,
respectively, to their common intersection near Clay. See Dixon Quad – 1961; Providence Quad – 1954; and, Nebo Quad – 1954. 

	2	This description is not intended to imply any warranty of title. 

  
 16 

 EXHIBIT A-1 
 ALCOA COAL PROPERTIES 
 (EXCLUDING THOSE PREVIOUSLY SOLD BY ALCOA AND
RE-ACQUIRED 
 FROM LODESTAR) 
  

																	
	 	  	 	  	 	  	 	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	 	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	1	  	PR 7 (7) T. 2	  	Franklin, J. W.	  	 	72	  	  		  	48/135	  		  	116/226
		  		  		  				  		  		  		  	116/234
								
	2	  	PR7(10)	  	Franklin, G. A.	  	 	47.4	  	  		  	48/118	  		  	116/226
		  		  		  				  		  		  		  	116/234
								
	3	  	PR7(11) T.2 thru T.9	  	Kuykendall, J.F.	  	 	144.2	  	  		  	48/124	  		  	116/226
		  		  		  				  		  		  		  	116/234
								
	4	  	PR7(34)(35)T.7	  	Moore, W. I.	  	 	76.5	  	  		  	48/103	  		  	116/226
		  		  		  				  		  	CDB 2/613	  		  	116/234
								
	5	  	PR 10 (10)	  	Price, Ruth	  	 	47.5	  	  		  	109/28	  		  	116/226
		  		  		  				  		  		  		  	116/234
								
	6	  	PR 10(14.1)	  	Virgin, Clore	  	 	39.5	  	  		  	125/126	  		  	116/226
		  		  		  				  		  		  		  	116/234
								
	7	  	PR 10 (22)	  	Mitchell, G. H.	  	 	260.25	  	  		  	113/141	  		  	116/226
		  		  		  				  		  		  		  	116/234
								
	8	  	PR 10 (25)	  	Shields, Georgia	  	 	81	  	  		  	113/149	  		  	116/226
		  		  		  				  		  		  		  	116/234
								
	9	  	PR 10 (30) T. 1	  	Clark, H. Z.	  	 	194	  	  		  	115/94	  		  	116/226
		  		  		  				  		  		  		  	116/234
								
	10	  	PR 10 (30), T. 2 & 3	  	Clark, H. Z.	  	 	68.05	  	  		  	115/94	  		  	116/226
116/234
								
	11	  	PR 10 (32) T. 1, 2, 3, 4 & 5	  	Nall, James R., et al	  	 	8.33	  	  		  	113/419	  		  	116/226
		  		  		  	 	15	  	  		  		  		  	116/234
		  		  		  	 	100	  	  		  		  		  	
		  		  		  	 	28.625	  	  		  		  		  	
		  		  		  	 	25.06	  	  		  		  		  	
								
	12	  	PR 10 (36)	  	Mitchell, J. T.	  	 	141.75	  	  		  	114/118	  		  	116/226
		  		  		  				  		  	114/103	  		  	116/234
								
	13	  	PR 10 (37) T. 1, 2 & 3	  	Grigg, Melvin	  	 	62	  	  		  	114/480	  		  	116/226
		  		  		  	 	73	  	  		  		  		  	116/234
		  		  		  	 	20.19	  	  		  		  		  	

  
 17 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	14	  	PR 10 (38) T. 1, 2, 3 & 4	  	Kelley, D. H.	  	64.1	  		  	114/278A	  		  	116/226
		  		  		  	4	  		  		  		  	116/234
		  		  		  	1.75	  		  		  		  	
		  		  		  	3	  		  		  		  	
								
	15	  	PR 10 (39), T. 1	  	Haner, Myrtle, et al	  	72	  		  	115/10	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	16	  	PR 10 (39), T. 2	  	Haner, Myrtle, et al	  	6.4	  		  	115/10	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	17	  	PR 10 (40) T. 1	  	Freer, Lilly White, et al	  	60 less	  		  	115/6	  		  	116/226
		  		  		  	34.3	  		  		  		  	116/234
								
	18	  	PR 10 (40) T. 2	  	Freer, Lilly White, et al	  	35.7	  		  	115/6	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	19	  	PR 10 (40) T.3)	  	Freer, Lilly White, et al	  	55	  		  	115/6	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	20	  	PR 10 (41)	  	Shields, H. L.	  	19.83	  		  	115/564	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	21	  	PR 10 (42)	  	Lynn, Omer	  	27	  		  	115/538	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	22	  	PR 10 (43)	  	Shields, H. L.	  	65.81	  		  	115/558	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	23	  	PR 10 (44)	  	Simonds, Effie, et al	  	101.7	  		  	115/548	  		  	116/226
		  		  		  		  		  	115/559	  		  	116/234
		  		  		  		  		  	115/562	  		  	
								
	24	  	PR 10 (46) T. 2, 3, 4 & 5	  	Unknown	  	22.25	  		  	unkn	  		  	116/226
		  		  		  	14.25	  		  		  		  	116/234
		  		  		  	4.5	  		  		  		  	
		  		  		  	9	  		  		  		  	
								
	25	  	PR 10 (47), T. 1, T. 2 & T. 3	  	Potts, J. H. — partial interest (See SRW 113)	  	55	  		  	115/539	  		  	116/226
		  		  		  	52	  		  		  		  	116/234
		  		  		  	21.75	  		  		  		  	
								
	26	  	PR 10 (49)	  	Clark, H. Z.	  	109	  		  	115/92	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	27	  	PR 10 (50)	  	Hill, C.	  	144.88	  		  	116/53	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	28	  	PR 10 (51) T. 1C	  	White, T. C.	  	16.75	  		  	116/56	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	29	  	PR 10 (51) T.2a, 2b, 2c & 2d	  	White, T. C.	  	111.75	  		  	116/56	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	30	  	PR 10 (51) T. 2e & 2f	  	White, T. C.	  	23.25	  		  	116/56	  		  	116/226
		  		  		  		  		  		  		  	116/234
								
	31	  	PR 10 (53), T. 3 & 3A	  	Kelley, D. H.	  	34	  		  	115/47	  		  	116/226
		  		  		  		  		  		  		  	116/234

  
 18 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	32	  	PR 11 (33)	  	Timmons, Nola, et al	  	50	  	145/273	  		  	160/150	  	
		  		  		  		  		  		  	160/164	  	
								
	33	  	PR 11 (34)	  	Townsend, J. Roy, et ux	  	71.98	  	145/275	  		  	160/150	  	
		  		  		  		  		  		  	160/164	  	
								
	34	  	PR 11 (37)	  	Hearin, Ellis L.	  	31.1	  	145/459	  		  	160/150	  	
		  		  		  		  		  		  	160/164	  	
								
	35	  	PR 11 (57) T. 1	  	Woodward/Carney/-Hammack	  	140.17	  	148/73	  		  	160/150	  	
		  		  		  		  	148/32	  		  	160/164	  	
		  		  		  		  	148/75	  		  		  	
								
	36	  	PR 11 (58)	  	See PR 11 (31)	  		  		  		  	160/150	  	
		  		  		  		  		  		  	160/164	  	
								
	37	  	SRU 29, T. 1 & T. 2	  	Williams, E. O., et al	  	121.7	  	182/547	  		  	220/489	  	
		  		  		  		  	181/593	  		  	220/498	  	
		  		  		  		  	181/489	  		  		  	
								
	38	  	SRU 39, T. 1	  	Willett, Eldon	  	60	  	177/158	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	39	  	SRU 39, T. 2 & 4	  	Willett, Eldon	  	55.12	  	177/158	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	40	  	SRU 39, T. 3	  	Willett, Eldon	  	19.89	  	177/158	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	41	  	SRU 39, T. 5	  	Willett, Eldon	  	45	  	177/158	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	42	  	SRU 39, T. 6	  	Willett, Eldon	  	15	  	177/158	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	43	  	SRU 39, T. 7	  	Alcoa	  	21	  	177/158	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	44	  	SRU 41, T. 1 & T. 2	  	Baker, Joe L., et al	  	46	  	181/487	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
		  		  		  		  		  		  	260/298	  	
								
	45	  	SRU 42, T. 1, T. 2 & T. 3	  	Moffit, James W.	  	143.5	  	177/190	  		  	220/489	  	
		  		  		  		  	177/185	  		  	220/498	  	
								
	46	  	SRU 43	  	Baker, Joe L. et al	  	88.25	  	181/501,	  		  	220/489	  	
		  		  		  		  	181/494,	  		  	220/498	  	
		  		  		  		  	182/109,	  		  		  	
		  		  		  		  	182/371,	  		  		  	
		  		  		  		  	182/368 &	  		  		  	
		  		  		  		  	181/491	  		  		  	
								
	47	  	SRU 51	  	Jenkins, Lee	  	112.5	  	175/209	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	48	  	SRU 52	  	See SRU 57	  		  		  		  		  	
								
	49	  	SRU 53	  	Jenkins, Landon, et al	  	78	  	175/350	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	

  
 19 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	50	  	SRU 57 & SRU 52	  	Hill, Charles N., et al (1/2 int. in 174 ac) (Also See SRU 52)	  	169	  	177/646
 178/10
	  		  	220/489

220/498
	  	
		  		  		  		  	175/174	  		  		  	
		  		  		  		  	178/13	  		  		  	
		  		  		  		  	178/4	  		  		  	
		  		  		  		  	178/7	  		  		  	
		  		  		  		  	178/1	  		  		  	
		  		  		  		  	177/643	  		  		  	
		  		  		  		  	177/640	  		  		  	
		  		  		  		  	177/201	  		  		  	
								
	51	  	SRU 60	  	Jenkins, Landon, et al	  	132.8	  	183/471	  		  	220/489	  	
		  		  		  		  	183/469	  		  	220/498	  	
		  		  		  		  	199/421	  		  	220/512	  	
		  		  		  		  	199/360	  		  	220/513	  	
		  		  		  		  	199/358	  		  	220/514	  	
		  		  		  		  	199/356	  		  	220/515	  	
		  		  		  		  	200/38	  		  	220/516	  	
		  		  		  		  	199/422	  		  	220/517	  	
		  		  		  		  	183/475	  		  	220/518	  	
		  		  		  		  	200/233	  		  		  	
								
	52	  	SRU 67	  	Wells, Walter	  	51	  	177/204	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	53	  	SRU 68, T. 1 & T. 2	  	Horne, John H.	  	71.25	  	177/247	  		  	220/489	  	
		  		  		  		  	177/243	  		  	220/498	  	
								
	54	  	SRU/SRW 74	  	Grisham/Baker (Also See SRW 74)	  	88.5	  	181/497	  		  	220/489	  	
		  		  		  		  	185/131	  		  	220/498	  	
								
	55	  	SRU 93	  	Gibson, L. D., et ux	  	50.625	  	177/508	  		  	220/489	  	
		  		  		  		  	177/511	  		  	220/498	  	
								
	56	  	SRU 95	  	Brown, W. H.	  	29.8	  	183/148	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	57	  	SRU 96, T. 1 & T. 2	  	Kelley, C. E.	  	107.85	  	177/258	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	58	  	SRU 97, T. 1 thru T. 5	  	Shelton, Ruth E.	  	200.05	  	177/250	  	130/337	  	220/489	  	169/366
		  		  		  		  		  		  	220/498	  	
								
	59	  	SRU 99, T. 1, T. 2	  	Evans, Joe	  	28.87	  	175/222	  		  	220/489	  	
		  		  		  	24	  		  		  	220/498	  	
								
	60	  	SRU 100, T. 1, T. 2, T. 3, T. 4, T. 5, T. 6, & T. 7	  	Russell, Mrs. Ossie	  	12.64
 9.76
	  	182/64	  		  	220/489

220/498
	  	
		  		  		  	10.81	  		  		  		  	
		  		  		  	7.26	  		  		  		  	
		  		  		  	8.76 7.76	  		  		  		  	
		  		  		  	7.26	  		  		  		  	

  
 20 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	61	  	SRU 101, T. 1	  	Russell, Dorris	  	28.71	  	175/285	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	62	  	SRU 101, T. 2	  	Russell, Dorris	  	48.1	  	175/285	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	63	  	SRU 101, T. 3 & T. 4	  	Russell, Dorris	  	42.69	  	175/285	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	64	  	SRU 105	  	Ponder, Lanie M., et al	  	41.4	  	190/183	  		  	220/489	  	
		  		  		  		  	190/185	  		  	220/498	  	
		  		  		  		  	190/181	  		  	220/508	  	
		  		  		  		  	187/56	  		  		  	
		  		  		  		  	194/499	  		  		  	
								
	65	  	SRU 109	  	Whitledge, R. M.	  	191	  	175/293	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	66	  	SRU 110 (240), T. 1 thru T. 4	  	Householder, Inez, et al	  	207-7/8	  	175/413	  		  	220/489	  	
		  		  		  		  	175/422	  		  	220/498	  	
		  		  		  		  	175/416	  		  		  	
		  		  		  		  	175/419	  		  		  	
								
	67	  	SRU 111	  	Blue, Clifton Eugene -partial interest (SRW 114)	  	89.75	  	175/288	  		  	220/489

220/498
	  	
								
	68	  	SRU/SRW 112	  	Powell, Rowland (Also see SRW 112)	  	69.23	  	183/91	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	69	  	SRU 133	  	O’Neal, Essel	  	104	  	182/229	  		  	220/489	  	
		  		  		  		  	180/480	  		  	220/498	  	
								
	70	  	SRU 137	  	Stull, Lula Villines, et al	  	128	  	179/436	  		  	220/489	  	
		  		  		  		  	178/179	  		  	220/498	  	
								
	71	  	SRU 138	  	Springer, Maurice	  	91.12	  	182/386	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	72	  	SRU 139, T. 1, T. 2 & T. 3	  	Powell, Jess	  	67	  	182/394	  		  	220/489	  	
		  		  		  	2.5	  		  		  	220/498	  	
		  		  		  	13.06	  		  		  		  	
								
	73	  	SRU 146 & SRU 186	  	Baker, Raymond K, et al	  	129.5	  	162/103	  		  	220/489	  	
		  		  		  		  	196/103	  		  	220/498	  	
		  		  		  		  	196/105	  		  	220/509	  	
		  		  		  		  		  		  	220/510	  	
								
	74	  	SRU 148, T. 1, T. 2 & T. 3	  	Collins, Robert B., et al	  	61.24	  	182/390	  		  	220/489	  	
		  		  		  	43.37	  	183/144	  		  	220/498	  	
		  		  		  	46.25	  	183/151	  		  		  	
								
	75	  	SRU 154	  	Heddens, Virginia, et al	  	139.14	  	178/26	  		  	220/489	  	
		  		  		  		  	178/29	  		  	220/498	  	
		  		  		  		  	178/32	  		  		  	
		  		  		  		  	178/35	  		  		  	
		  		  		  		  	178/38	  		  		  	
		  		  		  		  	178/41	  		  		  	

  
 21 

																	
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	 	  	WEBSTER
DB/P
	76	  	SRU 157, T. 1 thru T. 16	  	Irwin, Ora Lee, et al	  	537.87 ac	  	178/238	  		  	 	220/489	  	  	
		  		  		  	& 58	  	178/278	  		  	 	220/498	  	  	
		  		  		  	poles	  	178/230	  		  				  	
		  		  		  		  	178/234	  		  				  	
		  		  		  		  	178/242	  		  				  	
		  		  		  		  	178/226	  		  				  	
								
	77	  	SRU 159	  	Page, Charlie, et al	  	121.75	  	194/470	  		  	 	220/489	  	  	
		  		  		  		  	182/521	  		  	 	220/498	  	  	
		  		  		  		  	182/531	  		  	 	220/507	  	  	
		  		  		  		  	182/529	  		  				  	
		  		  		  		  	182/523	  		  				  	
		  		  		  		  	182/525	  		  				  	
		  		  		  		  	182/527	  		  				  	
		  		  		  		  	185/72	  		  				  	
								
	78	  	SRU 164, T. 1 & 2	  	Baker, Rufus K., Jr.	  	52.2	  	185/127	  		  	 	220/489	  	  	
		  		  		  		  		  		  	 	220/498	  	  	
								
	79	  	SRU 165	  	Freer, Lilly White, et al	  	5.5	  	161/247	  		  	 	220/489	  	  	
		  		  		  		  		  		  	 	220/498	  	  	
								
	80	  	SRU 168	  	Carrier, R.	  	13.8	  	183/67	  		  	 	220/489	  	  	
		  		  		  		  	185/74	  		  	 	220/498	  	  	
								
	81	  	SRU 169	  	Oglesby, Loralee	  	43.1	  	182/67	  		  	 	220/489	  	  	
		  		  		  		  	183/297	  		  	 	220/498	  	  	
								
	82	  	SRU 186	  	See SRU 146	  		  		  		  				  	
								
	83	  	SRU 204 & SRU 205, T. 1	  	Shelton, Roy, et al; Matthews, Dora E.	  	32.2	  	177/527	  		  	 	220/489	  	  	
		  		  		  		  	177/516	  		  	 	220/498	  	  	
								
	84	  	SRU 204 & SRU 205, T. 2	  	Shelton, Roy, et al; Matthews, Dora E.	  	25	  	177/527	  		  	 	220/489	  	  	
		  		  		  		  	177/516	  		  	 	220/498	  	  	
								
	85	  	SRU 206 & SRU 207	  	Stull, Lula Villines, et al	  	141	  	183/324	  		  	 	220/489	  	  	
		  		  		  		  	183/327	  		  	 	220/498	  	  	
		  		  		  		  	184/242	  		  				  	
								
	86	  	SRU/SRW 218	  	Todd, R. M.	  	214.5	  	185/350	  		  	 	220/489	  	  	
		  		  		  		  		  		  	 	220/498	  	  	
								
	87	  	SRU 222	  	Baker, Joe E., et ux	  	15	  	185/43	  		  	 	220/489	  	  	
		  		  		  		  		  		  	 	220/498	  	  	
								
	88	  	SRU 223, T.1 & T. 2	  	Willett, Eldon, et al	  	63.06	  	190/35	  		  	 	220/489	  	  	
		  		  		  	62	  	190/163	  		  	 	220/498	  	  	
								
	89	  	SRU 226, T. 1 & 2	  	Townsend, Stella, et al	  	14.75	  	184/474	  		  	 	220/489	  	  	
		  		  		  		  	184/471	  		  	 	220/498	  	  	
								
	90	  	SRU 232, T. 1, T. 2, T. 3, T. 4, T. 5	  	Hill, Essie	  	7.99	  	179/259	  		  	 	220/489	  	  	
		  		  		  	12.45	  		  		  	 	220/498	  	  	
		  		  		  	9.75	  		  		  				  	
		  		  		  	10.5	  		  		  				  	
		  		  		  	1.8	  		  		  				  	

  
 22 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	91	  	SRU 236	  	Waller, Lyle B.	  	10	  	161/104	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	92	  	SRU 248, T. 1 & T. 2	  	Russell, Morris	  	157.35	  	162/587	  		  	220/489	  	
		  		  		  		  	194/91	  		  	220/498	  	
								
	93	  	SRU 265, T. 1	  	Watson, Ida, et al (1/2 int. in 83.75 ac.)	  	321.08	  	190/75	  		  	220/489	  	
		  		  		  		  	174/152	  		  	220/498	  	
		  		  		  		  	174/285	  		  	220/502	  	
		  		  		  		  	194/8	  		  	220/503	  	
		  		  		  		  	193/539	  		  	220/504	  	
		  		  		  		  	193/536	  		  	220/505	  	
		  		  		  		  	193/538	  		  		  	
								
	94	  	SRU 266	  	Franklin, Inez, et al	  	99	  	190/104	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	95	  	SRU/SRW 274	  	See SRW 274	  		  		  		  		  	
								
	96	  	SRU 289	  	Rakestraw, Tony, et al	  	100	  	190/167	  		  	220/489	  	
		  		  		  		  		  		  	220/498	  	
								
	97	  	SRU 314	  	Shelton, William R., et al (5/6 int.)	  	60	  	185/23	  	162/376	  	220/489	  	169/545
		  		  		  		  	185/25	  	162/434	  	220/498	  	169/544
		  		  		  		  	189/308	  		  	220/519	  	
		  		  		  		  	189/304	  		  	220/520	  	
		  		  		  		  	211/648	  		  	220/521	  	
		  		  		  		  	211/646	  		  	220/522	  	
		  		  		  		  	212/276	  		  	220/523	  	
		  		  		  		  	212/437	  		  	220/524	  	
		  		  		  		  	212/301	  		  	220/525	  	
		  		  		  		  	212/610	  		  	220/526	  	
		  		  		  		  	212/612	  		  	220/617	  	
		  		  		  		  	213/96	  		  	220/618	  	
		  		  		  		  	214/395	  		  		  	
								
	98	  	SRU 315	  	Quinn, Wm., et al	  	48.875	  	183/452	  		  	220/489	  	
		  		  		  		  	183/450	  		  	220/498	  	
								
	99	  	SRU 320	  	Oakley/Jenkins	  	67.5	  	185/382	  		  	220/489	  	
		  		  		  		  	215/483	  		  	220/498	  	
		  		  		  		  		  		  	220/525	  	
								
	100	  	SRW 61, T. 1 & T. 2	  	Ware, Sibbie R.	  	82	  		  	133/226	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	101	  	SRW 62, T. 1-T. 3	  	Ware, Sam P.	  	115	  		  	133/55	  		  	169/366
		  		  		  		  		  	133/462	  		  	169/376
								
	102	  	SRW 63, T. 1 & T. 2	  	Gibson, Cordie, et al	  	45.75	  		  	130/183	  		  	169/366
		  		  		  		  		  		  		  	169/376

  
 23 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	 103
	  	SRW 64	  	Taylor, Everett	  	231.75	  		  	130/188	  		  	169/366
		  		  		  		  		  	130/186	  		  	169/376
								
	 104
	  	SRW 65, T. 1, T. 2, & T. 4	  	Gibson, Cordie, et al	  	50	  		  	128/76	  		  	169/366
		  		  		  	114.5	  		  	128/73	  		  	169/376
		  		  		  	60	  		  		  		  	
								
	 105
	  	SRW 66 and 130	  	Tapp, Helburn, et al (1/5 int. T. 2 & 4/5 int. in T. 3)	  	216.3	  	178/176	  	130/241	  	220/489
220/498	  	169/366

169/376

								
	 106
	  	SRW 69, T. 2 (there are duplicate T. 2s, but diff. Acreage	  	Householder, Ida, et al Jenkins, Roscoe	  	13.83	  	175/326	  	128/107	  	220/489
220/498	  	169/366
		  		  		  		  	183/322	  	135/90	  		  	169/376
								
	 107
	  	SRW 69, T. 2	  	Householder, Ida, et al Jenkins, Roscoe	  	75.25	  	175/326

183/322
	  	128/107
 135/90
	  	220/489
220/498	  	169/366

169/376

								
	 108
	  	SRW 70, T. 1, T. 2	  	Fraser, Lonnie, et al	  	30	  		  	128/594	  		  	169/366
		  		  		  	52.75	  		  	128/591	  		  	169/376
		  		  		  		  		  	128/589	  		  	
								
	 109
	  	SRW 71, T. 1 through T. 5	  	Martin, Arthur A., et al	  	77	  		  	134/453	  		  	169/366
		  		  		  		  		  	134/450	  		  	169/376
								
	 110
	  	SRW 72	  	Leslie, J. B.	  	74	  		  	130/340	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 111
	  	SRW 73, T. 1 thru — T. 3	  	Hicks, Ollie Belle	  	82	  		  	133/231	  		  	169/366
		  		  		  		  		  	133/376	  		  	169/376
		  		  		  		  		  	134/244	  		  	
								
	 112
	  	SRW/SRU 74, T. 1, T. 2, T. 3, T. 4	  	Grisham, Beulah, et al	  	17	  		  	133/147	  		  	169/366
		  		  		  	21.75	  		  	135/303	  		  	169/376
		  		  		  	24	  		  		  		  	
		  		  		  	25	  		  		  		  	
								
	 113
	  	SRW 75	  	Gardner/White/Alcoa (1/9)	  	188	  		  	130/190	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 114
	  	SRW 75, T. 2B	  	Gardner, W. F., et ux	  	41	  		  	130/190	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 115
	  	SRW 75, T. 2C	  	Gardner, W. F. et ux	  	86.5	  		  	130/190	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 116
	  	SRW 76, T. 1 & T. 2	  	Wilson, Odis, et ux	  	130.25	  		  	130/349	  		  	169/366
		  		  		  		  		  		  		  	169/376

  
 24 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	 117
	  	 SRW 77
	  	 Mooney, Calvin C.
	  	194.5	  		  	130/166	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 118
	  	 SRW 78
	  	 Hill, Norman, et ux
	  	139.5	  		  	133/52	  		  	169/366
		  		  		  		  		  	133/459	  		  	169/376
								
	 119
	  	SRW 79, T. 1, T. 2, T. 3, T. 4, T. 5 & T. 6	  	 Baker/Clements
	  	30
 30
	  		  	135/336

147/471
	  		  	169/366

169/376

		  		  		  	30	  		  	198/192	  		  	
		  		  		  	11.6	  		  		  		  	
		  		  		  	6	  		  		  		  	
		  		  		  	16	  		  		  		  	
								
	 120
	  	 SRW 80, T. 1 & T. 2
	  	 Woodring, Etta, et al
	  	91.6	  		  	130/362	  		  	169/366
		  		  		  		  		  	130/358	  		  	169/376
		  		  		  		  		  	130/360	  		  	
								
	 121
	  	 SRW 80, T. 2
	  	 Woodring, Etta, et al
	  	75	  		  	130/362	  		  	169/366
		  		  		  		  		  	130/358	  		  	169/376
		  		  		  		  		  	130/360	  		  	
								
	 122
	  	 SRW 81, T. 1, T. 2 & T. 3
	  	 Franklin, Noah
	  	220.29	  		  	133/223	  		  	169/366
		  		  		  		  		  	134/13	  		  	169/376
								
	 123
	  	 SRW 97
	  	 Shelton, Ruth
	  	200.05	  	177/250	  	130/337	  	220/489	  	169/366
		  		  		  		  		  		  	220/498	  	169/376
								
	 124
	  	 SRW 99, T. 2
	  	 Evans, Joe
	  	24	  		  	unknown	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 125
	  	 SRW 102, T. A, B, C & D
	  	 Gibson, Tom, et al
	  	93	  		  	133/276	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 126
	  	 SRW 103, T. 1
	  	 Asher, E. M.
	  	38.6	  		  	130/592	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 127
	  	 SRW 103, T. 2
	  	 Asher, E. M.
	  	20	  		  	130/592	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 128
	  	 SRW 103, T. 3 & T. 6
	  	 Asher, E. M. et al — partial int.

(See SRW 107)
	  	78.5	  		  	130/592

130/585
	  		  	169/366

169/376

		  		  		  		  		  	130/590	  		  	
								
	 129
	  	 SRW 104
	  	 Shoulders, George, et ux
	  	143.51	  		  	128/128	  		  	169/366
		  		  		  		  		  	128/124	  		  	169/376
		  		  		  		  		  	128/126	  		  	
								
	 130
	  	 SRW 106
	  	 Caldwell, A. W., et ux
	  	Approx.	  		  	133/47	  		  	169/366
		  		  		  	100 and	  		  	133/510	  		  	169/376
		  		  		  	80.71	  		  		  		  	

  
 25 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	 131
	  	 SRW 107, T. 1
	  	 Asher, J. H., et al (See SRW 103)
	  	60	  		  	130/585	  		  	169/366
		  		  		  		  		  	130/590	  		  	169/376
								
	 132
	  	 SRW 107, T. 2
	  	 Asher, J. H., et al (See SRW 103)
	  	43	  		  	130/585	  		  	169/366
		  		  		  		  		  	130/590	  		  	169/376
								
	 133
	  	 SRW 107. T. 3
	  	 Asher, J. H., et al (See SRW 103)
	  	22.72	  		  	130/585	  		  	169/366
		  		  		  		  		  	130/590	  		  	169/376
								
	 134
	  	 SRW 107, T. 4 & 5
	  	 Asher, J. H., et al (See SRW 103)
	  	60	  		  	130/585	  		  	169/366
		  		  		  		  		  	130/590	  		  	169/376
								
	 135
	  	 SRW 111 & SRW 114
	  	 Householder/Blue — partial interest
	  	195.75	  		  	130/370	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 136
	  	 SRW 112
	  	 Powell, Roland
	  	69.23	  		  	133/229	  		  	169/366
		  		  		  		  		  	183/91	  		  	169/376
								
	 137
	  	 SRW 113, T. 1
	  	Potts, John H. — partial int. (See PR 10 (47) T. 1)	  	55	  		  	130/366	  		  	169/366

169/376

								
	 138
	  	 SRW 113, T. 2
	  	Potts, John, et al — partial int. (See PR 10 (47) T. 2)	  	52	  		  	130/366	  		  	169/366

169/376

								
	 139
	  	 SRW 114
	  	 See SRW 111
	  		  		  		  		  	
								
	 140
	  	 SRW 115, T. 1, T. 2, T. 3, T. 4, T. 5
	  	 Duncan, Starling R., et ux
	  	31.4	  		  	133/224	  		  	169/366
		  		  		  	20	  		  	134/241	  		  	169/376
		  		  		  	31	  		  		  		  	
		  		  		  	38	  		  		  		  	
		  		  		  	94.8	  		  		  		  	
								
	 141
	  	 SRW 116, T. 1 & T. 2
	  	 Watson, Glen, et ux
	  	84	  		  	133/273	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 142
	  	 SRW 117, T. 26
	  	 Clark, Clarky, et al
	  	45	  	191/334,	  	139/430	  	220/489	  	169/366
		  		  		  		  	191/348	  	138/183	  	220/498	  	169/376
		  		  		  		  	191/363	  	139/411	  		  	
		  		  		  		  		  	139/408	  		  	
		  		  		  		  		  	138/115	  		  	
		  		  		  		  		  	144/89	  		  	
		  		  		  		  		  	144/9	  		  	
		  		  		  		  		  	144/91	  		  	
								
	 143
	  	 SRW 118, T. 1 thru 4
	  	 Swain, Thomas, et ux
	  		  	67.72	  	124/474	  		  	169/366
		  		  		  		  		  		  		  	169/376

  
 26 

															
	 	  	 	  	 	  	 	 	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	 	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	 	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	 	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	 144
	  	 SRW 118, T. 5
	  	 Swain, Thomas, et ux
	  	28.75	 		  	124/474	  		  	169/366
		  		  		  		 		  		  		  	169/376
								
	 145
	  	 SRW 118, T. 6
	  	 Swain, Thomas, et ux
	  	32.75	 		  	124/474	  		  	169/366
		  		  		  		 		  		  		  	169/376
								
	 146
	  	 SRW 120, T. 1 & T. 2
	  	 Duncan, Edna, et al
	  	Approx.	 		  	133/337	  		  	169/366
		  		  		  	50 & 191	 		  		  		  	169/376
								
	 147
	  	 SRW 121
	  	 Tapp, F. A.
	  	104	 		  	129/450	  		  	169/366
		  		  		  		 		  		  		  	169/376
								
	 148
	  	 SRW 122, T. 1
	  	 Watson, Addie, et al
	  	84 less 1-	 		  	128/332	  		  	169/366
		  		  		  	1/2	 		  	128/329	  		  	169/376
		  		  		  		 		  	128/338	  		  	
		  		  		  		 		  	128/335	  		  	
								
	 149
	  	 SRW 122, T. 2
	  	 Watson, Addie, et al
	  	50	 		  	128/332	  		  	169/366
		  		  		  		 		  	128/329	  		  	169/376
		  		  		  		 		  	128/338	  		  	
		  		  		  		 		  	128/335	  		  	
								
	 150
	  	 SRW 122, T. 3
	  	 Watson, Addie, et al
	  	11 (-) 1/2	 		  	128/332	  		  	169/366
		  		  		  		 		  	128/329	  		  	169/376
		  		  		  		 		  	128/338	  		  	
		  		  		  		 		  	128/335	  		  	
								
	 151
	  	 SRW 122, T. 4
	  	 Watson, Addie, et al
	  	21	 		  	128/332	  		  	169/366
		  		  		  		 		  	128/329	  		  	169/376
		  		  		  		 		  	128/338	  		  	
		  		  		  		 		  	128/335	  		  	
								
	 152
	  	 SRW 123, T. 1 & T. 2
	  	Shelton, Paul Truitt; Clark, Jimmy C., et ux	  	50
 51
	 		  	130/395

130/400
	  		  	169/366

169/376

								
	 153
	  	 SRW 125, T. 1
	  	 Asher, Stella, et al
	  	28.73	 		  	128/399	  		  	169/366
		  		  		  		 		  		  		  	169/376
								
	 154
	  	 SRW 125, T. 2
	  	 Asher, Stella, et al
	  	45	 		  	128/399	  		  	169/366
		  		  		  		 		  		  		  	169/376
								
	 155
	  	 SRW 125, T. 3 & T. 4
	  	 Asher, Stella, et al
	  	140	 		  	128/399	  		  	169/366
		  		  		  		 		  		  		  	169/376
								
	 156
	  	 SRW 125, T. 5
	  	 Asher, Stella, et al
	  	25	 		  	128/399	  		  	169/366
		  		  		  		 		  		  		  	169/376
								
	 157
	  	 SRW 125, T. 6
	  	 Asher, Stella, et al
	  	63.5	 		  	128/399	  		  	169/366
		  		  		  		 		  		  		  	169/376

  
 27 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	 158
	  	 SRW 126
	  	McLeod, Elvan, et ux; Willard, Mary Lillian	  	311.03	  		  	131/98
 131/101
	  		  	169/366

169/376

								
	 159
	  	 SRW 127, T. 1
	  	 Rayburn, Joseph, et ux
	  	108.97	  		  	128/39	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 160
	  	 SRW 128, T. 1
	  	 Whitledge, Chester, et ux
	  	50	  		  	128/42	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	 161
	  	 SRW 129
	  	Crook, T. M., et al; Crook, George T., et ux	  	263	  		  	130/577

141/414
	  		  	169/366

169/376

		  		  		  		  		  		  		  	169/448
								
	 162
	  	 SRW 130 & SRW 66
	  	 See SRW 66
	  		  		  		  		  	
								
	 163
	  	 SRW 131, T. 1
	  	 Clark, Clarky, et al
	  	70	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	 164
	  	 SRW 131, T. 2
	  	 Clark, Clarky, et al
	  	139.73	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	 165
	  	 SRW 131, T. 3
	  	 Clark, Clarky, et al
	  	3.56	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	 166
	  	 SRW 131, T. 4
	  	 Clark, Clarky, et al
	  	60	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	 167
	  	 SRW 131, T. 5
	  	 Clark, Clarky, et al
	  	197.25	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	 168
	  	 SRW 131, T. 6
	  	 Clark, Clarky, et al
	  	113.88	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	 169
	  	 SRW 131, T. 7, T. 8 & T. 9
	  	 Clark, Clarky, et al
	  	69	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	 170
	  	 SRW 131, T. 11
	  	 Clark, Clarky, et al
	  	25	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	 171
	  	 SRW 131, T. 12
	  	 Clark, Clarky, et al
	  	25	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	 172
	  	 SRW 131, T. 13
	  	 Clark, Clarky, et al
	  	66	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376

  
 28 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	Item	  	 	  	 	  	 	  	UNION	  	WEBSTER	  	UNION	  	WEBSTER
	 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	DB/P	  	DB/P	  	DB/P	  	DB/P
	173	  	SRW 131, T. 14	  	Clark, Clarky, et al	  	46.5	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	174	  	SRW 131, T. 15	  	Clark, Clarky, et al	  	22	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	175	  	SRW 131, T. 16	  	Clark, Clarky, et al	  	95.75	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	176	  	SRW 131, T. 17	  	Clark, Clarky, et al	  	37.25	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	177	  	SRW 131, T. 22	  	Clark, Clarky, et al (1/4 int.)	  	22	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	178	  	SRW 131, T. 23	  	Clark, Clarky, et al (1/4 int.)	  	10.5	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	179	  	SRW 131, T. 24	  	Clark, Clarky, et al (1/4 int.)	  	30.75	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	180	  	SRW 131, T. 25	  	Clark, Clarky, et al (1/2 int.)	  	63.25	  		  	139/430	  		  	169/366
		  		  		  		  		  	139/411	  		  	169/376
								
	181	  	SRW 131, T. 26	  	See SRW 117, T. 26	  		  		  		  		  	
								
	182	  	SRW 132, T. 1 & T. 2	  	Riggs, Mary, et al	  	120	  		  	134/5	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	183	  	SRW 135, T. 1 & T. 2	  	Clark, Carville, et al	  	126.5	  		  	133/217	  		  	169/366
		  		  		  	17.67	  		  		  		  	169/376
								
	184	  	SRW 140, T. 1	  	Clark, Choice, Sr., et al	  	50	  		  	133/520	  		  	169/366
		  		  		  		  		  	133/518	  		  	169/376
								
	185	  	SRW 140, T. 2 thru T. 4	  	Clark, Choice, Sr., et al; Clark,	  	140	  		  	133/520	  		  	169/366
		  		  	Choice, Jr., et ux	  		  		  	133/518	  		  	169/376
								
	186	  	SRW 141	  	Whitledge/Rich	  	35	  		  	135/240	  		  	169/366
		  		  		  		  		  	&	  		  	169/376
		  		  		  		  		  	135/243	  		  	
								
	187	  	SRW 142	  	Combs, Hardy, et ux	  	75	  		  	130/477	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	188	  	SRW 143, T. 1	  	Duncan, Choice	  	115.25	  		  	130/352	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	189	  	SRW 143, T. 4	  	Duncan, Choice	  	34.25	  		  	130/352	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	190	  	SRW 147 and SRW 152, T. 1, T.	  	Clark/Gibson	  	217	  		  	135/24	  		  	169/366
		  	2A & T. 2B	  		  		  		  	135/22	  		  	169/376

  
 29 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	Item	  	 	  	 	  	 	  	UNION	  	WEBSTER	  	UNION	  	WEBSTER
	 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	DB/P	  	DB/P	  	DB/P	  	DB/P
	191	  	SRW 149 and SRW 200, T. 1	  	Watson, Bettie, et al	  	213.96	  		  	128/214	  		  	169/366
		  	thru T. 3	  		  		  		  	128/220	  		  	169/376
		  		  		  		  		  	134/5	  		  	
		  		  		  		  		  	133/217	  		  	
								
	192	  	SRW 150	  	Holeman, Georgie Nancy,	  	184	  	183/315	  	134/425	  	220/489	  	169/366
		  		  	et al (1/2 int.)	  		  		  		  	220/498	  	169/376
								
	193	  	SRW 151, T. 1-A, 1-B, & 2	  	Polley, Wayne, et ux	  	170.5	  		  	133/528	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	194	  	SRW 152	  	See SRW 147	  		  		  		  		  	
								
	195	  	SRW 153, T. 1	  	Watson, Glen, et ux	  	49.65	  		  	130/602	  		  	169/366
		  		  		  		  		  	130/598	  		  	169/376
								
	196	  	SRW 153, T. 2	  	Watson, Glen, et ux	  	300	  		  	130/602	  		  	169/366
		  		  		  		  		  	130/598	  		  	169/376
								
	197	  	SRW 153, T. 3	  	Watson, Glen, et ux	  	15.4	  		  	130/602	  		  	169/366
		  		  		  		  		  	130/598	  		  	169/376
								
	198	  	SRW 153, T. 4	  	Watson, Glen, et ux	  	50	  		  	130/602	  		  	169/366
		  		  		  		  		  	130/598	  		  	169/376
								
	199	  	SRW 153, T. 6	  	Watson, Glen, et ux	  	50	  		  	130/602	  		  	169/366
		  		  		  		  		  	130/598	  		  	169/376
								
	200	  	SRW 153, T. 7 & 8	  	Watson, Glen, et ux	  	37.1	  		  	130/602	  		  	169/366
		  		  		  		  		  	130/598	  		  	169/376
								
	201	  	SRW 153, T. 9	  	Watson, Glen, et ux (1/2 int.)	  	50	  		  	130/602	  		  	169/366
		  		  		  		  		  	130/598	  		  	169/376
								
	202	  	SRW 153, T. 10	  	Watson, Glen, et ux (1/2 int.)	  	50	  		  	130/602	  		  	169/366
		  		  		  		  		  	130/598	  		  	169/376
								
	203	  	SRW 153, T. 11	  	Watson, Glen, et ux (1/2 int.)	  	98.5	  		  	130/602	  		  	169/366
		  		  		  		  		  	130/598	  		  	169/376
								
	204	  	SRW 155	  		  	50	  		  		  		  	Unknown
								
	205	  	SRW 167, T. 1 & T. 2	  	Todd, Everett, et ux	  	58	  		  	133/531	  		  	169/366
		  		  		  	73.5	  		  		  		  	169/376
								
	206	  	SRW 170	  	Mooney, Claude	  	49.25	  		  	133/525	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	207	  	SRW 172	  	Springer, Lyhue	  	34	  		  	131/439	  		  	169/366
		  		  		  		  		  	131/441	  		  	169/376
								
	208	  	SRW 173, T 1 & 2	  	Taylor, A. N.	  	136.7	  		  	135/359	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	209	  	SRW 175, T. 1	  	Ramsey, C. L., et ux	  	101.5	  		  	128/62	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	210	  	SRW 175, T. 2	  	Ramsey, C. L., et ux	  	102	  		  	128/62	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	211	  	SRW 175, T. 5	  	Ramsey, C. L., et ux	  	125.25	  		  	128/62	  		  	169/366
		  		  		  		  		  		  		  	169/376

  
 30 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	Item	  	 	  	 	  	 	  	UNION	  	WEBSTER	  	UNION	  	WEBSTER
	 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	DB/P	  	DB/P	  	DB/P	  	DB/P
	212	  	SRW 175, T. 6	  	Ramsey, C. L., et ux	  	30	  		  	128/62	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	213	  	SRW 175, T. 7	  	Ramsey, C. L., et ux	  	88.21	  		  	128/62	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	214	  	SRW 175, T. 8	  	Ramsey, C. L., et ux	  	40.38	  		  	128/62	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	215	  	SRW 176, T. ?, T. 4 & T. 5	  	Leslie, Fred, et al	  	178	  		  	134/43	  		  	169/366
		  		  		  	25	  		  	134/41	  		  	169/376
		  		  		  	25	  		  		  		  	
								
	216	  	SRW 177, T. 1	  	Branson, E. C., et al	  	60.14	  		  	131/207	  		  	169/366
		  		  		  		  		  	131/205	  		  	169/376
								
	217	  	SRW 177, T. 2 thru T. 11	  	Branson, E. C., et al (1/2 int. 17	  	128.28	  		  	131/207	  		  	169/366
		  		  	ac./ 1/2 int. 71.69 ac.)	  		  		  	131/205	  		  	169/376
								
	218	  	SRW 178, T. 3	  	Branson, E. C., et al	  	115	  		  	131/217	  		  	169/366
		  		  	(1/2 int. 76.69 ac.)	  		  		  	131/214	  		  	169/376
		  		  		  		  		  	131/212	  		  	
								
	219	  	SRW 179, T. 1, T. 2, T. 3, T. 4	  	Branson, Buford, C., et al	  	2	  		  	131/296	  		  	169/366
		  	& T. 5	  		  	48	  		  	131/299	  		  	169/376
		  		  		  	33.5	  		  		  		  	
		  		  		  	49	  		  		  		  	
		  		  		  	5	  		  		  		  	
								
	220	  	SRW 180, T. 1, T. 4 & T. 5	  	Jones, Asher	  	Approx.	  		  	131/91	  		  	169/366
		  		  		  	25	  		  		  		  	169/376
		  		  		  	18	  		  		  		  	
		  		  		  	50	  		  		  		  	
								
	221	  	SRW 181	  	Duncan, Stargle Ray	  	60.14	  		  	128/210	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	222	  	SRW 182, T. 1	  	Shelton, Rosa B., et al	  	60.14	  		  	135/348	  		  	169/366
		  		  	(5/6 int. in 5 ac.)	  		  		  	135/345	  		  	169/376
		  		  		  		  		  	135/350	  		  	
								
	223	  	SRW 183	  	Leslie, Raymond, et al	  	199.65	  		  	128/252	  		  	169/366
		  		  		  		  		  	128/255	  		  	169/376
		  		  		  		  		  	128/257	  		  	
		  		  		  		  		  	128/259	  		  	
		  		  		  		  		  	128/261	  		  	
								
	224	  	SRW 183, T. 1	  	Leslie, Raymond, et al	  	71	  		  	128/259	  		  	169/366
		  		  		  		  		  	128/255	  		  	169/376
		  		  		  		  		  	128/252	  		  	
		  		  		  		  		  	128/257	  		  	
		  		  		  		  		  	128/261	  		  	

  
 31 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	Item	  	 	  	 	  	 	  	UNION	  	WEBSTER	  	UNION	  	WEBSTER
	 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	DB/P	  	DB/P	  	DB/P	  	DB/P
	225	  	SRW 183, T. 10	  	Leslie, Raymond, et al	  	32.1	  		  	128/252	  		  	169/366
		  		  		  		  		  	128/255	  		  	169/376
		  		  		  		  		  	128/257	  		  	
		  		  		  		  		  	128/259	  		  	
		  		  		  		  		  	128/261	  		  	
								
	226	  	SRW 184, T. 2	  	Branson, Buford, C., et al	  	54	  		  	128/586	  		  	169/366
		  		  		  		  		  	129/195	  		  	169/376
		  		  		  		  		  	135/527	  		  	
		  		  		  		  		  	135/530	  		  	
								
	227	  	SRW 188, T. 1, T. 2, T. 3, T. 4	  	Melton, Rankin, et al	  	40	  		  	136/349	  		  	169/366
		  		  		  	40	  		  	155/279	  		  	169/376
		  		  		  	40	  		  	157/372	  		  	169/483
		  		  		  	62	  		  	157/374	  		  	
								
	228	  	SRW 189	  	Taylor, Inez, et al	  	96.7	  		  	139/403	  		  	169/366
		  		  		  		  		  	139/512	  		  	169/376
		  		  		  		  		  	138/547	  		  	
		  		  		  		  		  	139/465	  		  	
								
	229	  	SRW 190	  	Mooney, S. D.	  	76.5	  		  	129/215	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	230	  	SRW 191, T. 1 & T. 2	  	Mooney, Lloyd, et ux	  	119	  		  	135/362	  		  	169/366
		  		  		  	40	  		  		  		  	169/376
								
	231	  	SRW 192, T. 1A, T. 1-B & T. 2	  	Brogan, Delmar	  	110	  		  	137/464	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	232	  	SRW 193, T. 1 thru T. 6	  	Taylor, E. A.	  	163.775	  		  	134/46	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	233	  	SRW 194, T. 1 thru T. 3 (See	  	Clark, Peachie, et al	  	143.67	  		  	134/39	  		  	169/366
		  	SRW 201)	  		  		  		  		  		  	169/376
								
	234	  	SRW 195, T. 1	  	Winters/Ramsey (See SRW 262)	  	45	  		  	131/416	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	235	  	SRW 195, T. 2	  	Williams/Alcoa	  	38	  		  	131/412	  		  	169/366
		  		  	(partial interest)	  		  		  		  		  	169/376
								
	236	  	SRW 195, T. 3	  	Branson/Melton/	  	42	  		  	131/412	  		  	169/366
		  		  	Alcoa (1/4 int.)	  		  		  		  		  	169/376
								
	237	  	SRW 195, T. 4	  	Melton, et al	  	90	  		  	131/412	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	238	  	SRW 195, T. 5	  	Melton, et al	  	14	  		  	131/412	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	239	  	SRW 197, T. 1 & T. 2	  	Grayson, Chester, et al	  	85.25	  		  	134/27	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	240	  	SRW 198	  	Abell, Hattie	  	111.5	  		  	134/36	  		  	169/366
		  		  		  		  		  	re-	  		  	169/376
		  		  		  		  		  	recorded	  		  	
		  		  		  		  		  	135/353	  		  	

  
 32 

															
	 	  	 	  	 	  	 	  	ORIGINAL	  	ALCOA
	 	  	 	  	 	  	 	  	RECORDING	  	RECORDING
	 	  	 	  	 	  	 	  	INFORMATION	  	INFORMATION
	Item	  	 	  	 	  	 	  	UNION	  	WEBSTER	  	UNION	  	WEBSTER
	 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	DB/P	  	DB/P	  	DB/P	  	DB/P
	241	  	SRW 200 and SRW 149	  	See SRW 149	  		  		  		  		  	
								
	242	  	SRW 201, T. 1	  	Watson, Roy, et al -1/2 int. in	  	60	  		  	136/333	  		  	169/366
		  		  	20.5 ac. (See SRW 194))	  		  		  	136/340	  		  	169/376
		  		  		  		  		  	133/367	  		  	
								
	243	  	SRW 201, T. 2	  	Watson, Roy, et al (partial int.)	  	50	  		  	136/333	  		  	169/366
		  		  		  		  		  	136/340	  		  	169/376
		  		  		  		  		  	133/367	  		  	
								
	244	  	SRW 201, T. 5	  	Watson, Roy, et al	  	31.53	  		  	136/333	  		  	169/366
		  		  		  		  		  	136/340	  		  	169/376
		  		  		  		  		  	133/367	  		  	
								
	245	  	SRW 213, T. 1, T. 2, T. 3, T.	  	Whitledge, Elmon	  	92.95	  		  	117/372	  		  	169/366
		  	4, T. 5	  		  	32.6	  		  	149/232	  		  	169/376
		  		  		  	24.2	  		  		  		  	169/481
		  		  		  	15.62	  		  		  		  	
		  		  		  	19.2	  		  		  		  	
								
	246	  	SRW 214, T. 2A	  	Asher, Coleman	  	36.5	  		  	132/440	  		  	169/366
		  		  		  		  		  	132/443	  		  	169/376
								
	247	  	SRW 214, T. 2B	  	Asher, Coleman	  	3	  		  	132/440	  		  	169/366
		  		  		  		  		  	132/443	  		  	169/376
								
	248	  	SRW 214, T. 3	  	Asher, Coleman (2/5 int.)	  	23.5	  		  	132/440	  		  	169/366
		  		  		  		  		  	132/443	  		  	169/376
								
	249	  	SRW 214, T.1	  	Asher, Coleman (1/2 int.)	  	50	  		  	132/440	  		  	169/366
		  		  		  		  		  	132/443	  		  	169/376
								
	250	  	SRW 216, T. 1	  	Carnal, Arthur L.	  	86 less	  		  	128/387	  		  	169/366
		  		  		  	1.5	  		  		  		  	169/376
								
	251	  	SRW 216, T. 2	  	Carnal, Arthur	  	30	  		  	128/387	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	252	  	SRW 216, T. 3	  	Carnal, Arthur	  	8.23	  		  	128/387	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	253	  	SRW 216, T. 4	  	Carnal, Arthur (partial int.)	  	10	  		  	128/387	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	254	  	SRW 216, T. 5	  	Carnal, Arthur	  	53	  		  	128/387	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	255	  	SRW 216, T. 6	  	Carnal, Arthur (1/2 int.)	  	100 less	  		  	128/387	  		  	169/366
		  		  		  	38.73	  		  		  		  	169/376
								
	256	  	SRW 216, T. 7	  	Carnal, Arthur et ux	  	30	  		  	128/387	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	257	  	SRW 216, T. 8	  	Carnal/Williams/Alcoa	  	14.28	  		  	128/387	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	258	  	SRW 217, T. 1	  	Franklin, Boyd, et ux	  	140 less	  		  	128/222	  		  	169/366
		  		  		  	19	  		  		  		  	169/376

  
 33 

															
	 	  	 	  	 	  	 	  	ORIGINAL
RECORDING
INFORMATION	  	ALCOA RECORDING
INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	259	  	SRW 218	  	Todd, R. M.	  	214.5	  	185/350	  	131/104	  	220/489	  	169/366
		  		  		  		  		  		  	220/498	  	169/376
								
	260	  	SRW 231	  	Todd, Carville, et ux	  	75	  		  	130/610	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	261	  	SRW 233	  	Arnold, Alloway	  	1.3	  		  	117/125	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	262	  	SRW 235, T. 1	  	Oakley, Zeta	  	101.38	  		  	133/237	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	263	  	SRW 238	  	Madden, E. G.	  	179.5	  		  	135/342	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	264	  	SRW 239	  	Graham, Amie	  	30	  		  	117/388	  		  	169/366
		  		  		  		  		  	143/1	  		  	169/376
		  		  		  		  		  		  		  	169/456
								
	265	  	SRW 241, T.1 & T.2	  	Liggett, Chester	  	100	  		  	135/301	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	266	  	SRW 242, T. 1 thru T. 3	  	Carnal, Maudel, et al	  	82	  		  	137/471	  		  	169/366
		  		  		  	80.67	  		  	137/477	  		  	169/376
		  		  		  	110 less	  		  	137/480	  		  	
		  		  		  	11	  		  	137/483	  		  	
		  		  		  		  		  	137/474	  		  	
		  		  		  		  		  	139/554	  		  	
								
	267	  	SRW 246, T. 1 & T. 2	  	Duncan, Ray L., et ux	  	140	  		  	136/479	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	268	  	SRW 247, T. 1 & T. 2	  	Harris, Tom D., et al	  	59	  		  	139/527	  		  	169/366
		  		  		  		  		  	139/530	  		  	169/376
		  		  		  		  		  	188/197	  		  	
		  		  		  		  		  	188/200	  		  	
								
	269	  	SRW 249	  	Newman, Melvin, et ux	  	96	  		  	136/477	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	270	  	SRW 252, T. 1	  	Rayburn, Mack	  	82.6	  		  	139/540	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	271	  	SRW 252, T. 2 A & B	  	Rayburn, Mack, et al	  	40	  		  	139/540	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	272	  	SRW 252, T. 3	  	Alcoa — 1/2 int.	  	135	  		  	139/540	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	273	  	SRW 252, T. 4	  	Rayburn, Mack, et al	  	9.08	  		  	139/540	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	274	  	SRW 253, T. 1 & T. 2	  	Rayburn, Mack, et al	  	73.75	  		  	137/262	  		  	169/366
		  		  		  	3	  		  	137/265	  		  	169/376
		  		  		  		  		  	137/268	  		  	
								
	275	  	SRW 262, T. 1, T. 2, T. 3	  	Winters, Lester B.	  	115	  		  	131/416	  		  	169/366
		  		  	(Also see SRW 195)	  		  		  		  		  	169/376

  
 34 

															
	 	  	 	  	 	  	 	  	ORIGINAL
RECORDING
INFORMATION	  	ALCOA
RECORDING
INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	276	  	SRW 263, T. 1 & T. 2	  	Davis, Harry, et al	  	126.7	  		  	118/594	  		  	169/366
		  		  		  		  		  	142/512	  		  	169/376
		  		  		  		  		  	142/525	  		  	169/447
		  		  		  		  		  		  		  	169/455
								
	277	  	SRW 267, T. 1 thru T. 9	  	Bradley, Roy L, et al	  	122.5	  		  	118/648	  		  	169/366
		  		  		  		  		  	142/112	  		  	169/376
		  		  		  		  		  	142/118	  		  	169/449
		  		  		  		  		  	142/126	  		  	169/450
		  		  		  		  		  	142/134	  		  	169/451
		  		  		  		  		  		  		  	169/451
								
	278	  	SRW 268	  	Divine, Thurman, et al	  	40.125	  		  	119/185	  		  	169/366
		  		  		  		  		  	146/277	  		  	169/376
		  		  		  		  		  	146/283	  		  	169/465
		  		  		  		  		  	146/284	  		  	169/468
		  		  		  		  		  	146/285	  		  	169/469
		  		  		  		  		  	146/286	  		  	169/470
		  		  		  		  		  	146/287	  		  	169/471
		  		  		  		  		  	146/288	  		  	169/472
		  		  		  		  		  	146/290	  		  	169/473
		  		  		  		  		  	147/253	  		  	169/474
		  		  		  		  		  	148/98	  		  	169/475
		  		  		  		  		  	147/209	  		  	169/476
		  		  		  		  		  		  		  	169/479
		  		  		  		  		  		  		  	169/480
								
	279	  	SRW 269, T. 1 thru T. 5	  	Duncan, Wynena S.,et al	  	148	  		  	119/187	  		  	169/366
		  		  		  		  		  	142/213	  		  	169/376
		  		  		  		  		  		  		  	169/477
								
	280	  	SRW 270, T. 1 & T. 2	  	Todd, William R., et al	  	100.63	  		  	119/249	  		  	169/366
		  		  		  	80	  		  	143/146	  		  	169/376
		  		  		  		  		  	143/149	  		  	169/457
		  		  		  		  		  	144/77	  		  	169/458
		  		  		  		  		  		  		  	169/462

  
 35 

															
	 	  	 	  	 	  	 	  	ORIGINAL
RECORDING
INFORMATION	  	ALCOA RECORDING
INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	281	  	SRW 274, T. 1, T. 2, T. 3 and T. 4	  	Mason, A. G., et al	  	30	  	176/502	  	129/450	  	220/604	  	169/531
		  		  		  	100	  	193/334	  	129/452	  	220/619	  	169/546
		  		  		  	9.5	  	197/299	  	146/305	  	220/615	  	169/542
		  		  		  	62	  	197/415	  	146/496	  	220/498	  	169/366
		  		  		  		  	197/281	  	147/314	  	220/501	  	169/539
		  		  		  		  	197/454	  	146/506	  	220/612	  	169/541
		  		  		  		  	197/307	  	147/202	  	220/614	  	169/540
		  		  		  		  		  	146/511	  	220/613	  	169/533
		  		  		  		  		  	146/471	  	220/606	  	169/535
		  		  		  		  		  	146/481	  	220/608	  	169/534
		  		  		  		  		  	146/476	  	220/607	  	169/536
		  		  		  		  		  	146/491	  	220/609	  	169/538
		  		  		  		  		  	146/501	  	220/611	  	169/532
		  		  		  		  		  	146/470	  	220/605	  	169/543
		  		  		  		  		  	147/471	  	220/616	  	169/537
		  		  		  		  		  	146/491	  	220/610	  	
								
	282	  	SRW 275, T. 1 & 2	  	Mooney, James D.	  	45	  		  	137/277	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	283	  	SRW 275, T. 3	  	Mooney, James D. (1/2 int.)	  	50	  		  	137/277	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	284	  	SRW 275, T. 4	  	Mooney, James D.	  	50	  		  	137/277	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	285	  	SRW 275, T. 5	  	Mooney, James D.	  	43-1/2	  		  	137/277	  		  	169/366
		  		  		  	less 9	  		  		  		  	169/376
								
	286	  	SRW 275, T. 6	  	Mooney, James D.	  	58	  		  	137/277	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	287	  	 SRW 276 (Lot 3) (Lot 4) (Lot 5)
 (Lot 6)
	  	Householder, James W. /Alcoa	  	54	  	191/363	  	139/408	  	220/489	  	169/366
		  		  		  		  		  	139/411	  	220/498	  	169/376
		  		  		  		  		  	139/430	  		  	169/461
		  		  		  		  		  		  		  	169/463
		  		  		  		  		  		  		  	169/464
								
	288	  	SRW 277	  	Ware, Sam, et ux	  	13.37	  		  	137/171	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	289	  	SRW 279, T. 1	  	Clark, C. B., et ux	  	18.62	  		  	137/271	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	290	  	SRW 279, T. 2	  	Clark, C. B., et ux	  	67	  		  	137/271	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	291	  	SRW 280, T. 1, T. 2, T. 3 & T. 4	  	Shelton, Ora M., et al	  	52.5	  		  	120/54	  		  	169/490
		  		  		  	15.5	  		  	146/135	  		  	
		  		  		  	27	  		  		  		  	
		  		  		  	18	  		  		  		  	
								
	292	  	SRW 281, T. 1 & T. 2	  	Shelton, C. P.	  	41.38	  		  	120/50	  		  	169/490
		  		  		  	20.25	  		  	146/135	  		  	

  
 36 

															
	 	  	 	  	 	  	 	  	ORIGINAL
RECORDING
INFORMATION	  	ALCOA
RECORDING
INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	293	  	SRW 282, T. 1	  	Shelton, Ora M., et al	  	58.5	  		  	120/46	  		  	169/490
		  		  		  		  		  	146/135	  		  	
								
	294	  	SRW 283	  	Shelton, Ora, et al	  	47.61	  		  	120/52	  		  	169/490
		  		  		  		  		  	146/135	  		  	
								
	295	  	SRW 284, T. 1 & T. 2	  	Shelton, C. P.	  	53.5	  		  	120/48	  		  	169/490
		  		  		  	95.2	  		  	146/135	  		  	
								
	296	  	SRW 285, T. 1 thru T. 3	  	Mooney, S. D.	  	132.5	  		  	137/259	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	297	  	SRW 286, T. 1	  	Ramsey, C. L., et ux	  	73.75	  		  	136/344	  		  	169/366
		  		  		  	less 8.9	  		  		  		  	169/376
								
	298	  	SRW 290	  	Townsend, Weaver	  	29.13	  		  	122/583	  		  	169/366
		  		  		  		  		  	147/216	  		  	169/376
								
	299	  	SRW 291	  	Winstead, Iley Brogan, et al	  	97.5	  		  	138/364	  		  	169/366
		  		  		  		  		  	138/357	  		  	169/376
								
	300	  	SRW 292, T. 1, T. 2, T. 3	  	Ramsey, Chester, et al	  	188	  		  	136/405	  		  	169/366
		  		  		  		  		  	136/408	  		  	169/376
								
	301	  	SRW 293	  	Brill, Jesse, et vir.	  	35	  		  	139/366	  		  	169/366
		  		  		  		  		  		  		  	169/376
								
	302	  	SRW 295	  	Ramsey, Chester L., et al	  	25	  		  	136/347	  		  	169/366
		  		  		  		  		  	136/384	  		  	169/376
								
	303	  	SRW 296, T. 4	  	Bumpus, Euyne, et al	  	70	  		  	138/103	  		  	169/366
		  		  		  		  		  	138/598	  		  	169/376
								
	304	  	SRW 297, T. 2	  	Bumpus, Euyne Lorene, et al	  	25	  		  	138/598	  		  	169/366
		  		  		  		  		  	138/591	  		  	169/376
								
	305	  	SRW 297, T. 3	  	Bumpus, Nealie	  	33.5	  		  	138/598	  		  	169/366
		  		  		  		  		  	138/591	  		  	169/376
								
	306	  	SRW 297A	  	Bumpus, Nealie, et al	  	39.15	  		  	138/598	  		  	169/366
		  		  		  		  		  	138/591	  		  	169/376
								
	307	  	SRW 298, T. 3	  	Bumpus, Euyne L., et al	  	60	  		  	138/106	  		  	169/366
		  		  		  		  		  	138/111	  		  	169/376
								
	308	  	SRW 312	  	Rich, Joel C., et al	  	40	  		  	129/267	  		  	169/366
		  		  		  		  		  	142/482	  		  	69/376
		  		  		  		  		  	142/484	  		  	169/453
		  		  		  		  		  		  		  	169/454
								
	309	  	SRW 313, T. 4 & T. 5	  	Woodward, Virgil	  	52	  		  	130/541	  		  	169/366
		  		  		  	10.8	  		  	161/569	  		  	169/276
		  		  		  		  		  		  		  	169/485
		  		  		  		  		  		  		  	169/486
								
	310	  	SRW 314	  	See SRU 314	  		  		  		  		  	
								
	311	  	SRW 316, T. 1, T. 2 & T. 3	  	Rich, Frank, et al	  	13.23	  		  	134/282	  		  	169/366
		  		  		  	35	  		  	165/215	  		  	169/376
		  		  		  	30	  		  	165/211	  		  	169/487
		  		  		  		  		  		  		  	169/488

  
 37 

															
	 	  	 	  	 	  	 	  	ORIGINAL
RECORDING
INFORMATION	  	ALCOA
RECORDING
INFORMATION
	 Item
 No.
	  	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACRES	  	UNION
DB/P	  	WEBSTER
DB/P	  	UNION
DB/P	  	WEBSTER
DB/P
	312	  	SRW 317 & 318, T. 1 & T. ?	  	Duncan/Kostblade	  	Approx.	  		  	134/283	  		  	169/366
		  		  		  	25	  		  	143/373	  		  	169/376
		  		  		  	50	  		  		  		  	169/460
								
	313	  	SRW 318, T. 1	  	Kostblade, George (1/2 int.)	  	77	  		  	134/285	  		  	169/366
		  		  		  		  		  	143/344	  		  	169/376
		  		  		  		  		  		  		  	169/459
								
	314	  	SRW 318, T. 2 thru T. 4	  	Kostbade, George, Sr., et ux	  	104	  		  	134/285	  		  	169/366
		  		  		  		  		  	143/344	  		  	169/376
		  		  		  		  		  		  		  	169/459
								
	315	  	SRW 319	  	Crowley, Henry, et ux	  	126.94	  		  	135/440	  		  	169/366
		  		  		  	less 1	  		  	165/798	  		  	169/376
		  		  		  		  		  		  		  	169/489
								
	316	  	SRW 321 & SRW 322	  	Mabry, Effie B., et vir	  	40	  		  	135/548	  		  	169/366
		  		  		  		  		  	146/279	  		  	169/376
		  		  		  		  		  	146/281	  		  	169/466
		  		  		  		  		  		  		  	169/467

 AND BEING the same property conveyed to Alcoa Properties, Inc. or Alcoa Fuels, Inc. as shown in the deed books and page
numbers listed above in the column entitled “Alcoa Recording Information”. 
 Alcoa Properties, Inc., an Indiana corporation, changed
its name on May 31, 1963, to Alcoa Fuels, Inc., an Indiana corporation, as shown in Corporation Book 2, page 516 in the Office of the Union County Clerk and in Miscellaneous Book 62, page 512, in the Webster County Clerk’s Office.

 See also Quitclaim Deed of Conveyance between Alcoa Fuels, Inc. and Dyson Creek Coal Company, LLC, dated October 25, 2005, of record in
Deed Book 320, at Page 560, in the Union County Clerk’s Office, and in Deed Book 258, at Page 483, in the Webster County Clerk’s Office. 
 See also Quitclaim Deed of Conveyance between Dyson Creek Coal Company, LLC, and Alcoa Fuels, Inc., dated July 23, 2009, of record in Deed Book 336, at Page 157, in the Union County Clerk’s
Office, and in Deed Book 272, at Page 398, in the Webster County Clerk’s Office. 

  
 38 

 EXHIBIT A-2 
 ALCOA COAL PROPERTIES 
 (PREVIOUSLY SOLD TO AND RE-ACQUIRED FROM LODESTAR)

  

									
	 	  	 	  	 	  	ORIGINAL
RECORDING INFORMATION
	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACREAGE	  	UNION
DB/P	  	WEBSTER
DB/P
	 PR 7 (6)
	  	Todd, O. E.	  	102.5	  	136/459	  	48/127
					
	 PR 7 (7) T. 1, T. 4, & T. 6
	  	Franklin, J. W.	  	128	  		  	48/135
					
	 PR 7 (7) T. 3, 5, 7, 8, 9 & 10
	  	Franklin, J. W.	  	92.39	  		  	48/135
					
	 PR 7 (8)
	  	Nall, Ben/George, et al	  	38.75	  		  	48/621
					
	 PR 7 (11) T. 1
	  	Kuykendall, J. F.	  	61.50	  		  	48/124
					
	 PR 7 (12) T. 1 & T. 4
	  	Kuykendall, W. L.	  	102
15.5	  		  	48/112
					
	 PR 7 (12) T. 5, 6, 7, 8, 11A, 11B & 12
	  	Kuykendall, W. L.	  	82	  		  	48/112
					
	 PR 7 (12) T. 9
	  	Kuykendall, W. L.	  	30	  		  	48/112
					
	 PR 7 (12) T. 10
	  	Kuykendall, W. L.	  	39.75	  		  	48/112
					
	 PR 7 (12) T. 3
	  	Kuykendall, W. L.	  	15.5	  		  	48/112
					
	 PR 7 (14) T. 1
	  	Nall, J. W.	  	127.75	  		  	48/101
					
	 PR 7 (14) T. 2
	  	Nall, J. W.	  	70	  		  	48/101
					
	 PR 7 (14) T. 3
	  	Nall, J. W.	  	75	  		  	48/101
					
	 PR 7 (14) T. 4
	  	Nall, J. W.	  	10	  		  	48/101
					
	 PR 7 (15) T. 1
	  	Mitchell, George	  	138.25	  		  	48/133
					
	 PR 7 (15) T. 2
	  	Mitchell, George	  	31.75	  		  	48/133
					
	 PR 7 (15) T. 3
	  	Mitchell, George	  	80	  		  	48/133
					
	 PR 7 (15) T. 4
	  	Mitchell, George	  	18	  		  	48/133
					
	 PR 7 (16) T. 1
	  	Nall, S. P.	  	80	  		  	48/117
					
	 PR 7 (16) T. 2
	  	Nall, S. P.	  	31	  		  	48/117
					
	 PR 7 (16) T. 3
	  	Nall, S. P.	  	20.5	  		  	48/117

  
 39 

									
	 	  	 	  	 	  	ORIGINAL
RECORDING INFORMATION
	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACREAGE	  	UNION
DB/P	  	WEBSTER
DB/P
	 PR 7 (16) T. 4
	  	Nall, S. P.	  	119.19	  		  	48/117
					
	 PR 7 (16) T. 5
	  	Nall, S. P.	  	60 less 35	  		  	48/117
					
	 PR7 (17.1)
	  	O’Nan, J.T.	  	100	  		  	48/129
					
	 PR 7 (18)
	  	Johnson, T. E.	  	100	  		  	48/122
					
	 PR 7 (26) T. 1
	  	Watson, G. T. & M. E.	  	46.66	  		  	48/92
					
	 PR 7 (26) T. 2
	  	Watson, G. T. & M. E.	  	12.75	  		  	48/92
					
	 PR 7 (26) T. 3
	  	Watson, G. T. & M. E.	  	81.67	  		  	48/92
					
	 PR 7 (28)
	  	Gibson, M. C.	  	15.5	  		  	48/120
					
	 PR 7 (30)
	  	Vanover, Thomas	  	88.6	  		  	48/109
					
	 PR 7 (31)
	  	Hill, Sidney, et ux	  	101	  		  	48/131
					
	 PR 7 (33), T. 1 & 2
	  	Dunkley, Nancy B.	  	53.22	  		  	48/96
					
	 PR 7 (34.3) (35, T. 3)
	  	Moore, W. I.	  	100	  		  	48/103
 CDB

2/613

					
	 PR 7 (34.3) (35, T. 4)
	  	Moore, W. I.	  	64.25	  		  	48/103
 CDB

2/613

					
	 PR 7 (34.3) (35, T. 5)
	  	Moore, W. I.	  	40	  		  	48/103
 CDB

2/613

					
	 PR 7 (34.3) (35, T. 6)
	  	Moore, W. I.	  	25	  		  	48/103
 CDB

2/613

					
	 PR 7 (36)
	  	Skinner, Sallie	  	150	  		  	48/98

CDB 2/502

					
	 PR 7 (107)
	  	Nall, J. W.	  	35	  		  	50/251
					
	 PR 7 (255), T. 1, T. 2 & T. 3
	  	Babb, Leonard, et al	  	100	  		  	CDB 2/504
					
	 PR 10 (1), T. 1, T. 2 & T. 3
	  	Blackwell/Arnold	  	90
 18.53

11
	  		  	108/616
					
	 PR 10 (2) T. 1, 2 & 3
	  	Kelley Estate	  	19
 78.5

2.5
	  		  	109/113
					
	 PR 10 (4)
	  	Williams, Caryl	  	270.5	  		  	108/652

  
 40 

									
	 	  	 	  	 	  	ORIGINAL
RECORDING INFORMATION
	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACREAGE	  	UNION
DB/P	  	WEBSTER
DB/P
	 PR 10 (5) (5.1A)(5.1B) (5.2)
	  	Hearin/Cotton	  	128
 19.63

18.6

15.79
	  		  	109/4
					
	 PR 10 (7) T. 1, 2 & 3
	  	Kuykendall, Clarence	  	61
 38

35
	  		  	109/196
					
	 PR 10 (11)
	  	Williams, Willie D.	  	42.62	  		  	109/29
					
	 PR 10 (12), T. 1
	  	Hill, Warren	  	35	  		  	109/30
					
	 PR 10 (13)
	  	Arnold, Alloway	  	15	  		  	109/128
					
	 PR 10 (14.2) T. 1 & T. 2
	  	Virgin, Clore	  	13.4	  		  	112/556
					
	 PR 10 (15), T. 1, 2 & 3
	  	Virgin, Clore	  	6
 8.37

13
	  		  	109/127
					
	 PR 10 (16)
	  	Lipford/Moore	  	41.5	  		  	112/542
109/299
					
	 PR 10 (17) T. 1 & 2
	  	Kuykendall, Hugh A.	  	35
 18.56
	  		  	112/536
					
	 PR 10 (18)
	  	Mitchell, J. V.	  	184	  		  	112/510
					
	 PR 10 (19) T. A-1, A-2 & A-3
	  	Powell, Illie	  	50
 45

30
	  		  	113/28
					
	 PR 10 (20), T. 1 & 2
	  	Mitchell, C. A.	  	78.6
181.75	  		  	113/49
					
	 PR 10 (21) T. 1
	  	Grigg, H. R.	  	16	  		  	113/47
					
	 PR 10 (23) T. 1 & 2
	  	Lipford, Sampson	  	5
 22.27
	  		  	113/46
					
	 PR 10 (24)
	  	Springer, Thomas	  	100	  		  	113/264
					
	 PR 10 (26), T. 1 & 2
	  	McGaw, Edwin	  	58
 13.25
	  		  	113/163
					
	 PR 10 (27) T. 1, 2 & 3
	  	Shofner, Jimmie L.	  	6.75
 20

8
	  		  	113/225
					
	 PR 10 (28)
	  	Foster, W. C.	  	16	  		  	113/168

  
 41 

									
	 	  	 	  	 	  	ORIGINAL
RECORDING INFORMATION
	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACREAGE	  	UNION
DB/P	  	WEBSTER
DB/P
	 PR 10 (29) T. 1 & 2)
	  	Lipford Heirs	  	67.25
 20
	  		  	114/264 or

(267)

					
	 PR 10 (31) T. 1
	  	Morehead/Tucker	  	22.86	  		  	113/417
					
	 PR 10 (33)
	  	Townsend heirs	  	92	  		  	113/627
					
	 PR 10 (34) T. 1 & 2
	  	Bennett/Mart	  	10
 6
	  		  	114/85 & 87
					
	 PR 10 (35)
	  	Martin, Richard L.	  	38.5	  		  	114/82
					
	 PR 10 (45)
	  	Riggs/Hearin	  	93	  		  	115/536
					
	 PR 10 (48) T. 1 & 2
	  	Townsend, Agnes R.	  	27.25	  		  	115/510
					
	 PR 10 (48) T. 3
	  	Townsend, Agnes R.	  	29.76	  		  	115/510
					
	 PR 10 (51) T. 1A & 1B
	  	White, T. C.	  	29	  		  	116/56
					
	 PR 10 (52) T. 1
	  	White, J. L.	  	18	  		  	116/57
					
	 PR 10 (52) T. 2 & 3
	  	White, J. L.	  	6.5	  		  	116/57
					
	 PR 10 (53) T. 1 & 2
	  	Kelley, D. H.	  	99.12	  		  	115/47
					
	 PR 10 (53) T. 4
	  	Kelley, D. H.	  	60	  		  	115/47
					
	 PR 10 (54) T. 1
	  	Stodghill, A. A.	  	42.23	  		  	110/92
					
	 PR 10 (54), T. 2
	  	Stodghill, A. A.	  	37.8	  		  	110/92
					
	 PR 11 (1) T. 1 & T. 2, T. 3
	  	Freer, C. E.	  	55
 68
4.5
	  	145/34	  	
					
	 PR 11 (3), T. 1
	  	Brown, Denny	  	146	  	145/41	  	
					
	 PR 11 (5), T. 1, T. 2 & T. 3
	  	Blackwell, Lloyd	  	53.75
 7.9

79.74
	  	145/29	  	
					
	 PR 11 (8)
	  	Hearin, Ollie, et al	  	25.8	  	145/95	  	
					
	 PR 11 (9)
	  	Kuykendall, Audie May	  	41.8	  	145/143
145/144
145/263
	  	

  
 42 

									
	 	  	 	  	 	  	ORIGINAL
RECORDING INFORMATION
	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACREAGE	  	UNION
DB/P	  	WEBSTER
DB/P
	 PR 11 (10), T. 3
	  	Duncan, L. T.	  	48.8	  	147/155	  	
					
	 PR 11 (31), T. 3 & T. 7
	  	Wells/Sigler	  	72.5	  	145/269
148/172	  	
					
	 PR 11 (31) T. 1 and (58), T. 1
	  	Wells/Sigler	  	85	  	145/269
148/172	  	
					
	 PR 11 (31) T. 2 and (58) T. 2
	  	Wells/Sigler	  	18.5	  	145/269
148/172	  	
					
	 PR 11 (31) T. 4A and (58) T. 4C
	  	Wells/Sigler	  	36.25	  	145/269
148/172	  	
					
	 PR 11 (38)
	  	Tate, Jerry	  	39.62	  	145/365	  	
					
	 PR 11 (52) T. 1 & T. 2
	  	Freer/Sigler	  	21.64
 8.48
	  	145/461
145/489	  	
					
	 PR 11 (52) T. 3 & T. 4
	  	Freer, S., et ux	  	40 10	  	145/461	  	
					
	 PR 11 (54)
	  	Tate, Fannie, et al	  	55.35	  	145/310	  	
					
	 PR 11 (56.1)(56.2)
	  	Freer/Sigler	  	65
 39.5
	  	145/491
145/464	  	
					
	 PR 11 (59/59A) T. 1
	  	Brown/Arnold	  	45.75	  	153/230
153/225	  	
					
	 PR 11 (59/59A), T. 2
	  	Brown/Arnold	  	40	  	153/230
153/225	  	
					
	 PR 11 (59/59A), T. 3
	  	Brown/Arnold	  	15	  	153/230
153/225	  	
					
	 PR 11 (59/59A), T. 4
	  	Brown/Arnold	  	32.25	  	153/230
153/225	  	
					
	 PR 11 (60), T. 1 & 2
	  	Davis, Harry E.	  	52.75	  	153/308	  	
		  		  	100	  		  	
					
	 PR 11 (61)
	  	Wells, Walter	  	58.5	  	153/287	  	
					
	 PR 11 (62)
	  	Wells, Walter	  	35	  	153/289	  	
					
	 PR 11 (63)
	  	Freer, Allen	  	63	  	153/285	  	
					
	 PR 11 (64)
	  	Robinett, Mont	  	12	  	153/283	  	

  
 43 

									
	 	  	 	  	 	  	ORIGINAL
RECORDING 
INFORMATION
	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACREAGE	  	UNION
DB/P	  	WEBSTER
DB/P
	 PR 11 (66)
	  	Russell, Dorris	  	94	  	154/93	  	
					
	 PR 11 (67), T. 1, 2, 3 & 4
	  	Brown, Bessie, et al	  	43.24	  	154/94
 156/280

156/279

156/68

156/125
	  	
					
	 PR 11 (68) T. 1
	  	Pride, J. W.	  	101.36	  	154/193	  	
					
	 PR 11 (68), T. 2, 3, 4, 5 & 6
	  	Pride, J. W.	  	23	  	154/193	  	
					
	 PR 11 (69), T. 1
	  	Strouse, R. H.	  	40	  	154/476	  	
					
	 PR 11 (70), T. 1
	  	Watson/Liles	  	117	  	154/471
155/425
154/415
	  	
					
	 PR 11 (71), T. 1
	  	Schreiber, Dorothy	  	55.25	  	155/511
156/222
154/473
	  	
					
	 PR 11 (72)
	  	Pride, J. W.	  	40	  	156/117	  	
					
	 PR 11 (76)
	  	Kuykendall, Hugh A.	  	10.23	  	149/32	  	
					
	 PR 11 (78)
	  	Perry, Thomas R., Jr.	  	50	  	155/509	  	

 AND BEING a portion of the same properties conveyed by Alcoa Fuels, Inc., an Indiana corporation, to Tradewater Mining
Co., an Illinois corporation, an undivided fifty percent (50%) interest and to Costain Land (Pyro), Inc., a Delaware corporation, an undivided fifty percent (50%) interest: 

 

	(a)	by “Short Form of Deed” dated September 30, 1982, recorded in the Webster County Clerk’s Office in Deed Book 185, page 769, and in the Union County
Clerk’s Office in Deed Book 240, page 343; and, 

  

	(b)	by “Short Form of Deed” dated October 25, 1982, recorded in Webster County Clerk’s Office in Deed Book 186, page 80, and in the Union County
Clerk’s Office in Deed Book 240, page 469. 

  
 44 

 By Certificates issued by the Kentucky Secretary of State dated September 8, 1992, effective
December 31, 1991: 
  

	(a)	Costain Land (Pyro), Inc., a Delaware corporation filed with the Kentucky Secretary of State a Certificate of Ownership and Merger into Costain Coal Holdings, Inc., a
Delaware corporation. This certification is recorded in Miscellaneous Book 117, page 480, and re-recorded in Miscellaneous Book 117, page 522, of the Webster County Clerk’s Office and in Corporation Book 5, page 490 of the Union County
Clerk’s Office; and, 

  

	(b)	Costain Coal Holdings, Inc., a Delaware corporation, filed an Application for Amended Certificate of Authority changing its corporate name to Costain Coal, Inc. This
certification is recorded in Miscellaneous Book 117, page 481, and Miscellaneous Book 117, page 523, of the Webster County Clerk’s Office and in Corporation Book 5, page 491, of the Union County Clerk’s Office. 

By Unanimous Written Consent of the Board of Directors of Costain Coal Holdings, Inc., a Delaware corporation, and by a Sworn Certificate of Board
Resolution, of Lodestar Energy, Inc., effective December 31, 1991, Tradewater Mining Company, an Illinois corporation, was merged into Costain Coal Holdings, Inc., as is recorded in Miscellaneous Book 124, page 489, of the Webster County
Clerk’s Office and in Corporation Book 7, page 155 of the Union County Clerk’s Office. 
 By Certificate of Amendment of Certificate
of Incorporation as verified by a Certification of the Delaware Secretary of State, Costain Coal, Inc., a Delaware corporation, changed its name to Lodestar Energy, Inc., effective July 21, 1997. This Certification is recorded in Miscellaneous
Book 122, page 194, and re-recorded in Miscellaneous Book 124, page 488, of the Webster County Clerk’s Office and in Corporation Book 6, page 155, in the Union County Clerk’s Office. 

AND BEING part of the same property conveyed to Alcoa Fuels, Inc. by Lodestar Energy, Inc., by William D. Bishop, its Chapter 7 Bankruptcy Trustee, by
Correction and Confirmation Deed dated October 30, 2005, but effective August 21, 2003, of record in Deed Book 258, page 404, in the Office of the Webster County Clerk, and in Deed Book 320, page 344, in the Office of the Union County
Clerk. 
 See also Quitclaim Deed of Conveyance between Alcoa Fuels, Inc. and Dyson Creek Coal Company, LLC, dated October 25, 2005, of
record in Deed Book 320, at Page 560, in the Union County Clerk’s Office, and in Deed Book 258, at Page 483, in the Webster County Clerk’s Office. 
 See also Quitclaim Deed of Conveyance between Dyson Creek Coal Company, LLC, and Alcoa Fuels, Inc., dated July 23, 2009, of record in Deed Book 336, at Page 157, in the Union County Clerk’s
Office, and in Deed Book 272, at Page 398, in the Webster County Clerk’s Office. 

  
 45 

 EXHIBIT A-3 
 ALCOA COAL PROPERTIES 
 (ACQUIRED FROM LODESTAR) 

 

									
	 	  	 	  	 	  	ORIGINAL
	 	  	 	  	 	  	RECORDING INFORMATION
	 	  	 	  	 	  	UNION	  	WEBSTER
	 FILE NUMBER(S)
	  	 FILE NAME(S)
	  	ACREAGE	  	DB/P	  	DB/P
	 P-045-00
	  	Nall, J. O.	  	102.6	  		  	180/682
					
	 P-080-00
	  	Clements (1/300th);	  	62	  	257/177	  	
	 Also See:
	  	Clements (1/300th);	  		  	257/180	  	
	 SRW 274, T. 4
	  	and Fournier	  		  	257/183	  	
		  	 (1/540th)
	  		  		  	
					
	 P-092-00
	  	Woodring Heirs	  	94.5	  	260/137	  	
	 Also See: SRW 39,
	  	(partial interest)	  		  		  	
	 T. 7 (21 ac.)
	  		  		  		  	
					
	 P-103-00
	  	Moore, W. I. Moore	  	37.5	  		  	202/712
					
	 P-123-00
	  	Clements, Aaron	  	30	  		  	212/710
		  	Clements, Florence	  	30	  		  	214/93
		  	Fournier, Timothy	  	6	  		  	213/562
		  		  	11.6	  		  	
		  		  	30	  		  	
		  		  	10.1	  		  	
					
	 P-142-00
	  	Young, James E., et ux	  	2.21	  		  	220/260
					
	 P-144-00
	  	Lodestar/Cotton (1/4)	  	11	  		  	222/170
					
	 P-145-00
	  	Lodestar (Render)	  	11 & 1	  		  	225/117
		  	 (1/4)
	  		  		  	
					
	 P-146-00
	  	Lodestar (Free Union	  	1	  		  	222/448
		  	 Church)
	  		  		  	
					
	 P-149-00
	  	Lodestar (Mooney)	  	6.7	  		  	222/772
					
	 P-152-00
	  	Lodestar (Brogan)	  	8.55	  		  	224/346
		  		  		  		  	225/672
					
	 P-177-00
	  	Clark, Eugene (1/8th)	  	49	  		  	234/602
					
	 No “P” #
	  	Blackwell, Mary	  	90	  	245/386	  	
		  	 Taylor, et al
	  		  		  	
					
	 No “P” #
	  	Moore, W. I. Heirs	  	150	  		  	194/467

 AND BEING part of the same property conveyed to Alcoa Fuels, Inc. by Lodestar Energy, Inc., by William D. Bishop, its
Chapter 7 Bankruptcy Trustee, by Correction and Confirmation Deed dated October 30, 2005, but effective August 21, 2003, of record in Deed Book 258, page 404, in the Office of the Webster County Clerk, and in Deed Book 320, page 344, in
the Office of the Union County Clerk. 

  
 46 

 See also Quitclaim Deed of Conveyance between Alcoa Fuels, Inc. and Dyson Creek Coal Company, LLC, dated
October 25, 2005, of record in Deed Book 320, at Page 560, in the Union County Clerk’s Office, and in Deed Book 258, at Page 483, in the Webster County Clerk’s Office. 
 See also Quitclaim Deed of Conveyance between Dyson Creek Coal Company, LLC, and Alcoa Fuels, Inc., dated July 23, 2009, of record in Deed Book 336, at Page 157, in the Union County Clerk’s
Office, and in Deed Book 272, at Page 398, in the Webster County Clerk’s Office. 
 THERE IS EXCEPTED from Exhibits A-1, A-2 and A-3 that
portion of the above-described subject to that unrecorded Coal Mining Lease dated February 1, 1962, by and between Aluminum Company of America and Sentry Royalty Company, as amended. 
 THERE IS FURTHER EXCEPTED from the Leased Premises that property identified as the Caseyville Dock and conveyed to Alcoa Fuels, Inc. by deed from Dyson Creek Coal Company, LLC, dated July 23, 2009,
of record in Deed Book 336, at Page 156, in the Union County Clerk’s Office, and by deed from Dyson Creek Coal Company, LLC, dated July 23, 2009, of record in Deed Book 336, at Page 194, in the Union County Clerk’s Office. 

  
 47 

 Exhibit B 

[legal description or map of General Mining Area] 
 See separate files. 

  
 48 

 Exhibit C 

Quality 
 The coal to be
supplied hereunder shall be of uniform quality, washed from the Seller’s Wash Plant 2” x 0” crushed, with no intermediate sizes removed or added, and shall have characteristics equal to or better than the following respective
characteristics on an “as received” time-based (as defined in Section 6.4 of the Armstrong — Alcoa Fuels Coal Supply Agreement) Weighted Average and per Shipment (as defined in the next paragraph below this table) basis:

  

													
	 	  	Monthly	 	 	 	 	 	 	 
	 	  	Weighted	 	 	 	 	 	Penalty Limits	 
	 	  	Average	 	 	Per Shipment	 	 	Monthly Average	 
	 Moisture
	  	 	11	% 	 	 	14.0	% 	 	 	11	% 
	 Ash
	  	 	10.00	% 	 	 	12.00	% 	 	 	10	% 
	 Caloric Value
	  	 	11,200 Btu	  	 	 	11,000 Btu	  	 	 	+/-11,200 Btu	  
	 Sulfur Dioxide*
	  	 	<6.0	# 	 	 	6.5	# 	 	 	6.0	# 
	 Grindabiltiy (Hargrove Index)
	  	 	48	  	 	 	48	  	 			
	 Ash Fusion Temp. (H=W Red)
	  	 	2,085 deg F	  	 	 	2,085 deg F min	  	 			

  

					
	 *       #SO2 shall be calculated as follows:
	 	 % Sulfur, as received x 19,500
 Btu/lb., as received
	  	

 A “Shipment” for purposes of this Quality Section of this Agreement is defined to be a minimum of fifteen
hundred (1,500) tons of coal delivered by barge. In the event three (3) consecutive shipments of coal, or four (4) Shipments in a thirty (30) day period, delivered by Seller to Buyer on an “as received” basis have any
characteristics for sulfur dioxide, moisture, ash, or calorific value greater than the maximum or less than the minimum limits, as the case may be, for said coal as set forth in the “Per Shipment” column in above table, then the remedies
provided in the Armstrong — Alcoa Fuels, Inc. Coal Supply Agreement shall be available to the Parties. 

  
 49 

  
 

 

  
 50

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