Document:

EX-4.23

 Exhibit 4.23 

EXECUTION VERSION 
 AMENDMENT AGREEMENT

 21 July 2020 

between 
 GOLD FIELDS LA
CIMA S.A. 
 with 

BANCO DE CRÉDITO DEL PERÚ 

acting as Agent 

relating to a facility agreement dated 19 September 2017 between, amongst others, Gold Fields La 

Cima S.A. (as Company) and Banco De Crédito Del Perú (as Agent) 

 
 

 

 CONTENTS 
  

							
	 	  	Page	 
	Clause	 		  			
			
	 1.    
	 	Interpretation	  	 	1	 
	 2.
	 	Amendments	  	 	1	 
	 3.
	 	Representations	  	 	2	 
	 4.
	 	Participation Fee	  	 	2	 
	 5.
	 	Incorporation	  	 	2	 
	 6.
	 	Guarantee	  	 	2	 
	 7.
	 	Security	  	 	2	 
	 8.
	 	Governing law	  	 	3	 
		
	Schedule	  	 	 
			
	 1.
	 	Amendments to Facility Agreement	  	 	4	 
	 2.
	 	Conditions Precedent Documents	  	 	9	 
		
	 Signatories
	  	 	1	 

 THIS AGREEMENT is dated 21 July 2020 and made BETWEEN: 

 

	(1)	 GOLD FIELDS LA CIMA S.A., a sociedad anónima incorporated and existent under
the laws of Peru, with Taxpayer’s I.D. (RUC) 20507828915 and with its principal place of business at Av. 28 de Julio 1150, Of. 201-202, Urb. San Antonio, Miraflores, 15047, Perú (the
Borrower, the Guarantor and the Company); and 

  

	(2)	 BANCO DE CRÉDITO DEL PERÚ as agent of the other Finance Parties under and as defined in
the Facility Agreement defined below (the Agent). 

 BACKGROUND: 

 

	(A)	 This Agreement is supplemental to and amends a revolving senior secured credit facility agreement dated
19 September 2017 between, amongst others, the Company and the Agent (the Facility Agreement). 

  

	(B)	 The Lenders and the Security Agent (as defined in the Facility Agreement) have consented to the amendments to
the Facility Agreement contemplated by this Agreement. Accordingly, the Agent is authorised to enter into this Agreement on behalf of the Finance Parties. 

IT IS AGREED as follows: 
  

	1.	 INTERPRETATION 

 

	1.1	 Definitions 

Capitalised terms defined in the Facility Agreement have, unless expressly defined in this Agreement, the same meaning in this Agreement. 

 

	1.2	 Construction 

The provisions of clauses 1.2 (Construction) to 1.4 (Third party rights) and 39 (Enforcement) of the Facility Agreement apply to this Agreement
as though they were set out in full in this Agreement except that references to the Facility Agreement are to be construed as references to this Agreement. 
  

	2.	 AMENDMENTS 

  

	 	(a)	 The Facility Agreement will be amended in the manner set out in Schedule 1 (Amendments to the Facility
Agreement) from the Effective Date. 

  

	 	(b)	 The Effective Date is the date on which the Agent notifies the Company and the Lenders that it has
received all of the documents set out in Schedule 2 (Conditions Precedent Documents) in form and substance satisfactory to the Agent. The Agent must give this notification promptly upon being so satisfied. 

 

	 	(c)	 If the Agent fails to give the notification referred to in paragraph (b) above on or before
18 September 2020, the Facility Agreement will not be amended in the manner contemplated by this Agreement. 

  
 1 

	3.	 REPRESENTATIONS 

Each Obligor makes the Repeating Representations to each Finance Party (by reference to the facts and circumstances then existing) on the date
of this Agreement and on the Effective Date, in each case as if references to “this Agreement” therein are references to this Agreement and the Facility Agreement and, on the Effective Date, to the Facility Agreement as amended and
supplemented by this Agreement. 
  

	4.	 PARTICIPATION FEE 

On the date of this Agreement, the Company shall pay to the Agent (for the account of each Lender pro rata to its Commitments under the
Facility Agreement) a participation fee of 0.35% of the final allocated commitment of each Lender, plus any applicable taxes (the Participation Fee). 
  

	5.	 INCORPORATION 

 

	 	(a)	 This Agreement is a Finance Document. 

 

	 	(b)	 The Facility Agreement and this Agreement will, from the Effective Date, be read and construed as one document.

  

	 	(c)	 Except as otherwise provided in this Agreement, the Finance Documents remain in full force and effect.

  

	 	(d)	 Except to the extent expressly waived in this Agreement, no waiver is given by this Agreement, and the Lenders
expressly reserve all their rights and remedies in respect of any breach of, or other Default under, the Finance Documents. 

  

	6.	 GUARANTEE 

On the Effective Date, each Obligor: 
  

	 	(a)	 confirms its acceptance of the Facility Agreement (as amended by this Agreement); 

 

	 	(b)	 agrees that it is bound as an Obligor by the terms of the Facility Agreement (as amended by this Agreement);
and 

  

	 	(c)	 (if a Guarantor) confirms that its guarantee: 

 

	 	(i)	 continues in full force and effect on the terms of the Facility Agreement; and 

 

	 	(ii)	 extends to the obligations of the Obligors under the Finance Documents (including the Facility Agreement as
amended by this Agreement). 

  

	7.	 SECURITY 

  

	7.1	 Confirmation 

On the Effective Date, each Obligor confirms that: 
  

	 	(a)	 any Security created by it under the Security Documents extends to the obligations of the Obligors under the
Finance Documents (including the Facility Agreement as amended by this Agreement) subject to any limitations set out in the Security Documents; 

  
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	 	(b)	 the obligations of the Obligors arising under the Facility Agreement as amended by this Agreement are included
in the Secured Obligations subject to any limitations set out in the Security Documents; and 

  

	 	(c)	 the Security created under the Security Documents continue in full force and effect on the terms of the
respective Security Documents. 

  

	7.2	 No New Security Interest 

No part of this Agreement is intended to or will create registrable Security. 

 

	8.	 GOVERNING LAW 

This Agreement and any non-contractual obligations arising out of or in connection with it are governed
by English law. 
 THIS AGREEMENT has been entered into on the date stated at the beginning of this Agreement. 

  
 3 

 SCHEDULE 1 

AMENDMENTS TO FACILITY AGREEMENT 
  

	1.	 The definition of “Arranger” in clause 1.1 (Definitions) of the Facility Agreement shall be deleted
and replaced with the following: 

 “Arranger means Credicorp Capital Servicios Financieros S.A. and Scotiabank
Perú S.A.A., each as a joint lead arranger and bookrunner for the Facility.” 
  

	2.	 the definition of “FATCA Application Date” in clause 1.1 (Definitions) of the Facility Agreement
shall be deleted and replaced with the following: 

 “FATCA Application Date means: 

 

	 	(a)	 in relation to a “withholdable payment” described in section 1473(1)(A)(i) of the Code (which relates
to payments of interest and certain other payments from sources within the US), 1 July 2014; or 

  

	 	(b)	 in relation to a “passthru payment” described in section 1471(d)(7) of the Code not falling within
paragraph (a) above, the first date from which such payment may become subject to a deduction or withholding required by FATCA.” 

  

	3.	 the definition of “LIBOR” in clause 1.1 (Definitions) of the Facility Agreement shall be deleted and
replaced with the following: 

 “LIBOR means, in relation to any Loan: 

 

	 	(a)	 the applicable Screen Rate as of the Specified Time on the Quotation Day for U.S. dollars and for a period
equal in length to the Interest Period of that Loan; or 

  

	 	(b)	 as otherwise determined pursuant to Clause 10.1 (Unavailability of Screen Rate), 

and if, in either case, that rate is less than zero, LIBOR shall be deemed to be zero.” 

 

	4.	 the definition of “Margin” in clause 1.1 (Definitions) of the Facility Agreement shall be deleted and
replaced with the following: 

 “Margin means: 

 

	 	(a)	 in relation to a Loan with an Interest Period ending prior to 19 September 2020, 1.20% per annum; and

  

	 	(b)	 in relation to a Loan with an Interest Period ending on or after 19 September 2020, 2.80% per annum.”

  

	5.	 the definition of “Termination Date” in clause 1.1 (Definitions) of the Facility Agreement shall be
deleted and replaced with the following: 

 “Termination Date means the date which is four years after the date
of this Agreement.” 
  

	6.	 clause 19.9 (Use of Website) of the Facility Agreement shall be deleted and replaced with the following:

 “19.9 Direct electronic delivery by Company 

  
 4 

 The Company may satisfy its obligation under this Agreement to deliver any information in
relation to a Lender by delivering that information directly to that Lender in accordance with Clause 30.6 (Electronic communication) to the extent that Lender and the Agent agree to this method of delivery.” 

 

	7.	 clause 30.6 (Electronic communication) of the Facility Agreement shall be deleted and replaced with the
following: 

 “30.6 Electronic communication 

 

	 	(a)	 Except as required under the Onshore Security Agreements, the Promissory Notes or Peruvian law , any
communication or document to be made or delivered by one Party to another under or in connection with the Finance Documents may be made or delivered by electronic mail or other electronic means (including, without limitation, by way of posting to a
secure website) if those two Parties: 

  

	 	(i)	 notify each other in writing of their electronic mail address and/or any other information required to enable
the transmission of information by that means; and 

  

	 	(ii)	 notify each other of any change to their address or any other such information supplied by them by not less
than five Business Days’ notice. 

  

	 	(b)	 Any such electronic communication or delivery as specified in paragraph (a) above to be made between an
Obligor and a Finance Party may only be made in that way to the extent that those two Parties agree that, unless and until notified to the contrary, this is to be an accepted form of communication or delivery. 

 

	 	(c)	 Any such electronic communication or document as specified in paragraph (a) above made or delivered by one
Party to another will be effective only when actually received (or made available) in readable form and in the case of any electronic communication or document made or delivered by a Party to the Agent only if it is addressed in such a manner as the
Agent shall specify for this purpose. 

  

	 	(d)	 Any electronic communication or document which becomes effective, in accordance with paragraph (c) above,
after 5:00 p.m. in the place in which the Party to whom the relevant communication or document is sent or made available has its address for the purpose of this Agreement shall be deemed only to become effective on the following day.

  

	 	(e)	 Any reference in a Finance Document to a communication being sent or received or a document being delivered
shall be construed to include that communication or document being made available in accordance with this Clause 30.6.” 

  

	8.	 clause 34.5 (Replacement of Screen Rate) of the Facility Agreement shall be deleted and replaced with the
following: 

 “34.5 Replacement of Screen Rate 

 

	 	(a)	 Subject to Clause 34.2 (Exceptions), if a Screen Rate Replacement Event has occurred in relation to any
Screen Rate for dollars, any amendment or waiver which relates to: 

  

	 	(i)	 providing for the use of a Replacement Benchmark in relation to that currency in place of that Screen Rate; and

  

	 	(ii)	 

  
 5 

	 	(A)	 aligning any provision of any Finance Document to the use of that Replacement Benchmark; 

 

	 	(B)	 enabling that Replacement Benchmark to be used for the calculation of interest under this Agreement (including,
without limitation, any consequential changes required to enable that Replacement Benchmark to be used for the purposes of this Agreement; 

  

	 	(C)	 implementing market conventions applicable to that Replacement Benchmark; 

 

	 	(D)	 providing for appropriate fallback (and market disruption) provisions for that Replacement Benchmark; or

  

	 	(E)	 adjusting the pricing to reduce or eliminate, to the extent reasonably practicable, any transfer of economic
value from one Party to another as a result of the application of that Replacement Benchmark (and if any adjustment or method for calculating any adjustment has been formally designated, nominated or recommended by the Relevant Nominating Body, the
adjustment shall be determined on the basis of that designation, nomination or recommendation). 

 may be made with the
consent of the Agent (acting on the instructions of the Majority Lenders) and the Company. 
  

	 	(b)	 If a Lender fails to respond to a request for an amendment or waiver described in paragraph (a) above within
five Business Days (or such longer time period in relation to any request which the Company and the Agent may agree) of that request being made: 

  

	 	(i)	 its Commitment(s) shall not be included for the purpose of calculating the Total Commitments when ascertaining
whether any relevant percentage of Total Commitments has been obtained to approve that request; and 

  

	 	(ii)	 its status as a Lender shall be disregarded for the purpose of ascertaining whether the agreement of any
specified group of Lenders has been obtained to approve that request. 

  

	 	(c)	 In this Clause 34.5: 

Relevant Nominating Body means any applicable central bank, regulator or other supervisory authority or a group of them, or any
working group or committee sponsored or chaired by, or constituted at the request of, any of them or the Financial Stability Board. 

Replacement Benchmark means a benchmark rate which is: 
  

	 	(i)	 formally designated, nominated or recommended as the replacement for a Screen Rate by: 

 

	 	(A)	 the administrator of that Screen Rate (provided that the market or economic reality that such benchmark rate
measures is the same as that measured by the Screen Rate); or 

  
 6 

	 	(B)	 any Relevant Nominating Body, and if replacements have, at the relevant time, been formally designated,
nominated or recommended under both paragraphs, the “Replacement Benchmark” will be the replacement under paragraph (B) above; 

  

	 	(ii)	 in the opinion of the Majority Lenders and the Company, generally accepted in the international or any relevant
domestic syndicated loan markets as the appropriate successor to a Screen Rate; or 

  

	 	(iii)	 in the opinion of the Majority Lenders and the Company, an appropriate successor to a Screen Rate.

 Screen Rate Replacement Event means, in relation to a Screen Rate: 

 

	 	(i)	 the methodology, formula or other means of determining that Screen Rate has, in the opinion of the Majority
Lenders and the Company materially changed; 

  

	 	(ii)	 

  

	 	(A)	 

  

	 	I.	 the administrator of that Screen Rate or its supervisor publicly announces that such administrator is
insolvent; or 

  

	 	II.	 information is published in any order, decree, notice, petition or filing, however described, of or filed with
a court, tribunal, exchange, regulatory authority or similar administrative, regulatory or judicial body which reasonably confirms that the administrator of that Screen Rate is insolvent, 

provided that, in each case, at that time, there is no successor administrator to continue to provide that Screen Rate; 

 

	 	(B)	 the administrator of that Screen Rate publicly announces that it has ceased or will cease, to provide that
Screen Rate permanently or indefinitely and, at that time, there is no successor administrator to continue to provide that Screen Rate; 

  

	 	(C)	 the supervisor of the administrator of that Screen Rate publicly announces that such Screen Rate has been or
will be permanently or indefinitely discontinued; or 

  

	 	(D)	 the administrator of that Screen Rate or its supervisor announces that that Screen Rate may no longer be used;
or 

  

	 	(iii)	 the administrator of that Screen Rate determines that that Screen Rate should be calculated in accordance with
its reduced submissions or other contingency or fallback policies or arrangements and either: 

  

	 	(A)	 the circumstance(s) or event(s) leading to such determination are not (in the opinion of the Majority Lenders
and the Company) temporary; or 

  

	 	(B)	 that Screen Rate is calculated in accordance with any such policy or arrangement for a period no less than one
month; or 

  
 7 

	 	(iv)	 in the opinion of the Majority Lenders and the Company, that Screen Rate is otherwise no longer appropriate for
the purposes of calculating interest under this Agreement.” 

  

	9.	 for the purposes of clause 30.2 (Addresses) of the Facility Agreement, (i) the address, phone number and
email of the Company is Av. 28 de Julio 1150, Of. 201-202, Urb. San Antonio, Miraflores, 15047, Perú, +51.17060400 and Rafael.caballero@goldfields.com; and (ii) the address and phone number of the
Agent is Av. El Derby N°055 Torre 4, Piso 10, Santiago de Surco, Lima Perú, +511-416-3333 Extension 33924/36062 and
elizabethgasteloj@credicorpcapital.com / rbalarezo@bcp.com.pe. 

  
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 SCHEDULE 2 

CONDITIONS PRECEDENT DOCUMENTS 
  

	1.	 A copy of the constitutional documents of the Company or, if the Agent already has a copy, a certificate of an
authorised signatory of the Company confirming that the copy in the Agent’s possession is still correct, complete and in full force and effect as at a date no earlier than the date of this Agreement. 

 

	2.	 A certified copy (copia literal) of the electronic docket (partida registral) of the Company,
issued no later than 30 days prior to the date of this Agreement. 

  

	3.	 A copy certified by a notary public of a resolution of the competent corporate body of the Company:

  

	 	(a)	 approving the terms of, and the transactions contemplated by, this Agreement and any other relevant Finance
Documents and resolving that it execute, deliver and perform this Agreement and such other relevant Finance Document; 

  

	 	(b)	 authorising a specified person or persons to execute this Agreement and any other relevant Finance Documents on
its behalf; and 

  

	 	(c)	 authorising a specified person or persons, on its behalf, to sign and/or despatch all documents and notices to
be signed and/or despatched by it under or in connection with this Agreement and any other relevant Finance Documents. 

  

	4.	 A specimen of the signature of each person authorised by the resolution referred to in paragraph 3 above in
relation to this Agreement and related documents. 

  

	5.	 A certificate of an authorised signatory of the Company certifying that each copy document specified in this
Schedule is correct, complete and in full force and effect and has not been amended or superseded as at a date no earlier than the date of this Agreement. 

  

	6.	 A legal opinion of Allen & Overy LLP, legal advisers to the Agent and the Lenders as to English law,
addressed to the Finance Parties. 

  

	7.	 A legal opinion of Estudio Echecopar, member firm of Baker & McKenzie International legal advisers to
the Agent and the Lenders in Peru, addressed to the Finance Parties. 

  

	8.	 To the extent that any invoices have been delivered to the Company by the Agent, evidence that the
Participation Fee has been paid. 

  

	9.	 Evidence that any process agent referred to in Clause 39.2 (Service of process) of the Facility Agreement has
accepted its appointment in relation to this Agreement. 

  

	10.	 A copy of the legal due diligence report prepared by Estudio Echecopar, member firm of Baker &
McKenzie International. 

  
 9 

 SIGNATORIES 
  

			
	The Borrower, the Guarantor and the Company
	
	 GOLD FIELDS LA CIMA S.A.

		
	 By:
	 	 /s/ Jorge Leo Redhead Byrne
 (Gold Fields La
Cima S.A.)

	
	 The Agent

	
	 BANCO DECRÉDITO DEL PERÚ

		
	 By:
	 	

  
  

[Gold Fields- 2020 Amendment- Signature Pages to the Amendment Agreement] 

 SIGNATORIES 

The Borrower, the Guarantor and the Company 
  

			
	 GOLD FIELDS LA CIMA S.A.

		
	 By:
	 	
	
	 The Agent

	
	 BANCO DE CRÉDITO DEL PERÚ

		
		 	 /s/ Roberto Balarezo M.

		 	 (The Agent: Banco de Crédito del Perú).

		
	 By:
	 	Roberto Balarezo Medina
		
		 	Asociado de Comisiones de Confianza
		
		 	 /s/ Mario Alberto Martĺn Rosas Arrunátegui

		 	 (The Agent: Banco de Crédito del Perú)

		
	 By:
	 	Mario Alberto Martín Rosas Arrunátegui
		
		 	Asociado de Fideicomisos

  
  

[Gold Fields- 2020 Amendment- Signature Pages to the Amendment Agreement]EX-10.1

 Exhibit 10.1 

AMENDMENT NO. 3 
 This
AMENDMENT NO. 3, dated as of March 29, 2021 (this “Amendment”), amends the Credit Agreement, dated as of November 28, 2017 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time
prior to the date hereof, the “Credit Agreement”), by and among CONSOL ENERGY INC. (the “Borrower”), the guarantors party thereto, the lenders and agents party thereto, PNC Bank, National Association, as
administrative agent for the Revolving Lenders and Term A Lenders (the “Revolving/TLA Administrative Agent”) and Citibank, N.A., as administrative agent for the Term B Lenders (the “TLB Administrative Agent” and,
together with the Revolving/TLA Administrative Agent, the “Administrative Agents”). Capitalized terms used but not defined herein shall have the meanings given them in the Credit Agreement as amended by this Amendment (the
“Amended Credit Agreement”). 
 WITNESSETH 

WHEREAS, the Borrower desires to amend the Credit Agreement on the terms set forth herein; 

WHEREAS, the consents of the Required Lenders are required for the amendments to the Credit Agreement as set forth herein; and 

WHEREAS, PNC Capital Markets LLC is acting as sole arranger and bookrunner for this Amendment. 

NOW, THEREFORE, the parties hereto, in consideration of the mutual covenants and agreements herein contained and intending to be
legally bound hereby, covenant and agree as follows: 
 1. Amendments to the Credit Agreement. Effective as of the Amendment
No. 3 Effective Date, the Credit Agreement is hereby amended as set forth below: 
 (a) Section 1.1 of the Credit
Agreement is hereby amended to add the following defined terms in alphabetical order. 
 “Erroneous Payment”
shall have the meaning specified in Section 10.15(a) [Certain Payments]. 
 “Erroneous Payment Notice”
shall have the meaning specified in Section 10.15(b) [Certain Payments]. 
 (b) The definition of “Excess Balance
Sheet Cash” is hereby amended (I) to replace clause (iv) with the following: 
 “(iv) cash deposited with
(x) any Issuing Lender to cash collateralize Letters of Credit in accordance with this Agreement or (y) any issuing lender under a Qualified Receivables Transaction to cash collateralize letters of credit issued thereunder;” 

and (II) to add the following before the period: 

“; and 
  

 (vii) cash constituting net proceeds from the incurrence of Indebtedness in
respect of revenue bonds issued by any Official Body, to the extent and so long as the use of such proceeds is restricted by the documentation governing such Indebtedness”. 

(c) The definition of “Permitted Unsecured Notes” is hereby amended to add the following prior to the period: 

“provided, further, that notwithstanding clauses (i) and (ii), Indebtedness in respect of revenue bonds issued by any
Official Body may contain (A) mandatory redemption or similar requirements upon certain tax or invalidity events, (B) covenants (but not financial maintenance covenants) and (C) events of default and remedies, in each case, customary
for Indebtedness of such type, as certified in good faith, after consultation with bond counsel, in an Officer’s Certificate delivered to the Administrative Agents prior to the incurrence of such Indebtedness”. 

(d) Section 8.2.1(i) is hereby amended to add the following after the semicolon at the end thereof: 

“provided, further, that notwithstanding clauses (2) and (5), Indebtedness in respect of revenue bonds issued by any
Official Body may contain (A) mandatory redemption or similar requirements upon certain tax or invalidity events, (B) covenants (but not financial maintenance covenants) and (C) events of default and remedies, in each case, customary
for Indebtedness of such type, as certified in good faith, after consultation with bond counsel, in an Officer’s Certificate delivered to the Administrative Agents prior to the incurrence of such Indebtedness;”. 

(e) The following is added as new Section 10.15 of the Credit Agreement: 

10.15. Certain Payments. 

(a) Each Lender hereby agrees that (i) if an Administrative Agent notifies such Lender that such Administrative Agent has
determined in its sole discretion that any funds received by such Lender from such Administrative Agent or any of its Affiliates were erroneously transmitted to, or otherwise erroneously or mistakenly received by, such Lender (whether or not known
to such Lender (whether as a payment, prepayment or repayment of principal, interest, fees or otherwise), individually and collectively, an “Erroneous Payment”) and demands the return of such Erroneous Payment (or a portion
thereof), such Lender shall forthwith return to such Administrative Agent the amount of any such Erroneous Payment (or portion thereof) as to which such a demand was made, in same day funds (in the currency so received), together with interest
thereon in respect of each day from and including the date such Erroneous Payment (or portion thereof) was received by such Lender to the date such amount is repaid to such Administrative Agent in same day funds at the greater of the Federal Funds
Open Rate and a rate determined by such Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect, and (ii) such Lender shall not assert any right or claim to the Erroneous Payment, and
hereby waives any claim, counterclaim, defense or right of set-off or recoupment with respect to any demand, claim or counterclaim by an Administrative Agent for the return of any Erroneous Payments received,
including without limitation waiver of any defense based on “discharge for value” or any similar doctrine. A notice by an Administrative Agent to any Lender under this Section 10.15(a) shall be conclusive, absent manifest error. 

  
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 (b) Without limiting immediately Section 10.15(a), each Lender hereby
further agrees that if it receives an Erroneous Payment from an Administrative Agent (or any of its Affiliates) (i) that is in an amount different than (other than a de minimis difference), or on a different date from, that specified in
a notice of payment sent by an Administrative Agent (or any of its Affiliates) with respect to such Erroneous Payment (an “Erroneous Payment Notice”), or (ii) that was not preceded or accompanied by an Erroneous Payment Notice,
it shall be on notice that, in each such case, an error has been made with respect to such Erroneous Payment. Each Lender further agrees that, in each such case, or if it otherwise becomes aware an Erroneous Payment (or portion thereof) may have
been sent in error, such Lender shall promptly notify the applicable Administrative Agent of such occurrence and, upon demand from such Administrative Agent, it shall forthwith return to such Administrative Agent the amount of any such Erroneous
Payment (or portion thereof) that was received by such Lender to the date such amount is repaid to such Administrative Agent in same day funds at the greater of the Federal Funds Open Rate and a rate determined by such Administrative Agent in
accordance with banking industry rules on interbank compensation from time to time in effect. 
 (c) The Borrower and each
other Loan Party hereby agree that (i) in the event an Erroneous Payment (or portion thereof) is not recovered from any Lender that has received such Erroneous Payment (or portion thereof) for any reason, the applicable Administrative Agent
shall be subrogated to all the rights of such Lender with respect to such amount and (ii) an Erroneous Payment shall not pay, prepay, repay, discharge or otherwise satisfy any Obligations owed by the Borrower or any other Loan Party. 

(d) References in this Section 10.15 to “Lender” includes each Issuing Lender. 

(e) Each party’s obligations under this Section 10.15 shall survive the resignation or replacement of any
Administrative Agent or any transfer of rights or obligations by, or the replacement of, a Lender, the termination of the Commitments or the repayment, satisfaction or discharge of all Obligations (or any portion thereof) under any Loan Document.

 2. Conditions Precedent. This Amendment shall be effective upon satisfaction of each of the following conditions (the date of such
effectiveness, the “Amendment No. 3 Effective Date”): 
 (a) Execution and Delivery of
Amendment. (i) The Borrower, the Guarantors and the Administrative Agents shall have executed and delivered this Amendment, and (ii) the Administrative Agents shall have received consents, in the form attached hereto as
Exhibit A (each, a “Consent”), executed and delivered by Lenders that constitute the Required Lenders. 

(b) Officer’s Certificate. (i) The representations and warranties of each of the Loan Parties
contained in the Loan Documents shall be true and correct in all material respects on and as of the Amendment No. 3 Effective Date with the same effect as though such representations and warranties had been made on and as of such date (except
(x) that any representation and warranty that is already qualified as to materiality shall be true and correct in all respects as so qualified and (y) representations and warranties which relate solely to an earlier date or time, which
representations and warranties shall be true and correct on and as of the specific dates or times referred to therein); (ii) no Event of Default or Potential Default shall have occurred and be continuing; (iii) since December 31, 2020,
there shall not have occurred any event or condition that has had or could be reasonably expected, either individually or in the aggregate, to constitute a Material Adverse Change; and (iv) the Borrower shall have delivered to the
Administrative Agents for the benefit of each Lender a certificate of the Borrower, dated the Amendment No. 3 Effective Date and signed by a Responsible Officer or Authorized Officer of the Borrower, to each effect in clauses (i) through
(iii). 

  
 -3- 

 (c) Consent Fee. The Borrower shall have paid to the Revolving/TLA
Administrative Agent for the account of each Lender (a “Consenting Lender”) that has executed and delivered a Consent in accordance with the posting memorandum with respect to such Lender prior to the deadline specified in such
posting memorandum (or such later date and time specified by the Borrower and notified in writing to the Lenders by the Revolving/TLA Administrative Agent) the consent fee specified in such posting memorandum (calculated on the amount of such
Consenting Lender’s Revolving Credit Commitment and principal amount of such Consenting Lender’s Term Loans). 

(d) Fees and Expenses. All fees and expenses payable on or before the Amendment No. 3 Effective Date by the
Borrower to the Administrative Agents (or their respective Affiliates) in connection with this Amendment shall have been paid in accordance with Section 11.3 of the Credit Agreement, including the reasonable fees, charges and disbursements of
counsel for the Administrative Agents. 
 3. Full Force and Effect; Reaffirmation. All of the terms, conditions, representations,
warranties and covenants contained in the Loan Documents shall continue in full force and effect except, in each case, as expressly modified by this Amendment. This Amendment shall constitute a Loan Document for purposes of the Credit Agreement. All
references to the Credit Agreement in any Loan Document, unless expressly provided otherwise, shall mean and be a reference to the Credit Agreement as amended by this Amendment. Each Loan Party, by its signature below, hereby affirms and confirms
(i) its obligations under each of the Loan Documents to which it is a party and (ii) its guarantee of the Obligations and the pledge of and/or grant of a security interest in its assets as Collateral to secure the Obligations, and
acknowledges and agrees that such guarantee, pledge and/or grant continue in full force and effect in respect of, and to secure, the Obligations. The amendment of the Credit Agreement pursuant to this Amendment and all other Loan Documents amended
and/or executed and delivered in connection herewith shall not constitute a novation of the Credit Agreement and the other Loan Documents as in effect prior to the Amendment No. 3 Effective Date. 

4. Counterparts. This Amendment may be executed by different parties hereto in any number of separate counterparts, each of which, when
so executed and delivered shall be an original and all such counterparts shall together constitute one and the same instrument. 
 5.
Severability. If any term of this Amendment or any application thereof shall be held to be invalid, illegal or unenforceable, the validity of other terms of this Amendment or any other application of such term shall in no way be affected
thereby. 
 6. Entire Agreement. This Amendment sets forth the entire agreement and understanding of the parties with respect to the
amendments to the Loan Documents contemplated hereby and supersedes all prior understandings and agreements, whether written or oral, between the parties hereto relating to such amendments. No representation, promise, inducement or statement of
intention has been made by any party that is not embodied in this Amendment, and no party shall be bound by or liable for any alleged representation, promise, inducement or statement of intention not set forth herein. 

  
 -4- 

 7. Issuing Lender Consent. Each Lender that is an Issuing Lender, by executing a
Consent, consents in its capacity as Issuing Lender to this Amendment. 
 8. Governing Law. This Amendment shall be governed by and
construed in accordance with the laws of the State of New York without regard to its conflict of laws principles. The provisions of Section 11.11.2 through 11.11.5 of the Credit Agreement shall apply to this Amendment mutatis mutandis.

 [SIGNATURE PAGES FOLLOW] 

  
 -5- 

 IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have
executed this Amendment as of the day and year first above written. 
  

			
	CONSOL ENERGY INC.
		
	By:	 	/s/ Miteshkumar B. Thakkar
	Name:	 	Miteshkumar B. Thakkar
	Title:	 	Chief Financial Officer

 [Signature Page to Amendment No. 3 to Credit Agreement] 

 
			
	GUARANTORS:
	
	AMVEST LLC
	AMVEST GAS RESOURCES, LLC
	AMVEST WEST VIRGINIA COAL, L.L.C.
	BRAXTON-CLAY LAND & MINERAL, LLC
	CONSOL MARINE TERMINALS LLC
	CONSOL RCPC LLC
	CONRHEIN COAL COMPANY
	CONSOL AMONATE FACILITY LLC
	CONSOL AMONATE MINING COMPANY LLC
	CONSOL ENERGY SALES COMPANY LLC
	CONSOL MINING COMPANY LLC
	CONSOL MINING HOLDING COMPANY LLC
	CONSOL OF CANADA LLC
	CONSOL OF KENTUCKY LLC
	CONSOL PENNSYLVANIA COAL COMPANY LLC
	FOLA COAL COMPANY, L.L.C.
	HELVETIA COAL COMPANY LLC
	ISLAND CREEK COAL COMPANY LLC
	LAUREL RUN MINING COMPANY LLC
	LEATHERWOOD, LLC
	LITTLE EAGLE COAL COMPANY, L.L.C.
	MTB LLC
	NICHOLAS-CLAY LAND & MINERAL, LLC
	R&PCC LLC
	TECPART LLC
	TERRY EAGLE COAL COMPANY, L.L.C.
	TERRY EAGLE LIMITED PARTNERSHIP
	VAUGHAN RAILROAD COMPANY LLC
	WINDSOR COAL COMPANY LLC
	WOLFPEN KNOB DEVELOPMENT COMPANY LLC
	
	CONSOL COAL RESOURCES GP LLC
	
	CONSOL OPERATING LLC
	
	CONSOL THERMAL HOLDINGS LLC
	
	CONSOL COAL FINANCE CORP.
	
	TRANSFORMER LP HOLDINGS INC.
		
	By:	 	/s/ Steven T. Aspinall
	 Name:
	 	Steven T. Aspinall
	 Title:
	 	Authorized Officer
	
	CONSOL FINANCIAL INC.
		
	By:	 	/s/ Christopher C. Jones
	 Name:
	 	Christopher C. Jones
	 Title:
	 	 Vice President

 [Signature Page to Amendment No. 3 to Credit Agreement] 

 
			
	CONSOL COAL RESOURCES LP
	
	By: CONSOL COAL RESOURCES GP LLC,
	its general partner
		
	By:	 	 /s/ Miteshkumar B. Thakkar

	Name:	 	Miteshkumar B. Thakkar
	Title:	 	Chief Financial Officer

 [Signature Page to Amendment No. 3 to Credit Agreement] 

 
			
	PNC BANK, NATIONAL ASSOCIATION,
	 as Revolving/TLA Administrative Agent

		
	By:	 	/s/ Kyle T. Helfrich
	 Name:
	 	Kyle T. Helfrich
	 Title:
	 	 Vice President

 [Signature Page to Amendment No. 3 to Credit Agreement] 

 
			
	CITIBANK, N.A.,
	 as TLB Administrative Agent

		
	By:	 	/s/ Sumeet Singal
	 Name:
	 	 Sumeet Singal

	 Title:
	 	 Vice President

 [Signature Page to Amendment No. 3 to Credit Agreement] 

 EXHIBIT A 

CONSENT TO AMENDMENT NO. 3 

Reference is made to Amendment No. 3 (the “Amendment”) to the certain Credit Agreement, dated as of November 28,
2017 (as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof, the “Credit Agreement”) by and among CONSOL Energy Inc. (the “Borrower”), the guarantors party thereto, the
lenders and agents party thereto, PNC Bank, National Association, as administrative agent for the Revolving Lenders and Term A Lenders (the “Revolving/TLA Administrative Agent”) and Citibank, N.A., as administrative agent for the
Term B Lenders (the “TLB Administrative Agent”). 
 The undersigned Lender hereby irrevocably approves of and consents to
the Amendment. 
  

			
	  

	(Name of Lender)
		
	By:	 	                        
		 	Name:
		 	Title:
	
	[If a second signature block is required by the financial institution:]
		
	By:	 	                
		 	Name:
		 	Title:

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