Document:

EX-10.1.8

 EXHIBIT 10.1.8

 GUARANTY AGREEMENT 

(Purchaser Guarantor) 

THIS GUARANTY AGREEMENT (this “Guaranty”), dated as of June 29, 2015, is made by EAGLE MOUNTAIN LLC, a Delaware
limited liability company (“Guarantor”), for the benefit of CIL&D, LLC, a Delaware limited liability company (together with its successors and assigns, “Lender”). 

RECITALS 
 WHEREAS, Eagle
Mountain Acquisition LLC, a Delaware limited liability company (“Borrower”), is a party to that certain Purchase and Sale Agreement dated as of June 25, 2015 (the “Purchase Agreement”) among Borrower, which is
a wholly-owned subsidiary of Guarantor, Guarantor, Lender, Kaiser Eagle Mountain, LLC, a Delaware limited liability company (“KEM”), and Eagle Crest Energy Company, pursuant to which, among other things, Lender agreed to sell to
Borrower 100% of the ownership interest in KEM; 
 WHEREAS, as partial payment of the purchase price to Lender under the Purchase
Agreement, Borrower executed and delivered to Lender (i) that certain promissory note in the initial principal amount of $4,250,000 (the “Senior Note”) and (ii) that certain promissory note in the initial principal amount
of $19,000,000 (the “Junior Note” and together with, the Senior Note, the “Notes”), in each case of even date herewith in favor of the Lender. Collectively, the payment obligations under the Notes are sometimes
referred to herein as the “Loan”. Capitalized terms used herein without definition shall have the meanings ascribed to such terms in the Notes; 

WHEREAS, concurrently herewith, Guarantor and Lender shall enter into that certain Pledge Agreement of even date herewith, in favor of
the Lender (the “Pledge Agreement”), with respect to Guarantor’s ownership interest in Borrower (the “Equity Interests”); and 

WHEREAS, as the owner of a direct interest in Borrower, Guarantor will directly or indirectly benefit from Lender making the Loan to
Borrower. 
 NOW, THEREFORE, as an inducement to Lender to enter into the Purchase Agreement and to accept the Notes, and for other
good and valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, Guarantor hereby agrees as follows: 

ARTICLE I - NATURE AND SCOPE OF GUARANTY 

Section 1.1 Guaranty of Obligations. Guarantor hereby irrevocably and unconditionally guarantees to Lender the payment and
performance of the Guaranteed Obligations as and when the same shall be due and payable. Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Obligations as a primary obligor. 

Section 1.2 Definition of Guaranteed Obligations. As used herein, the term “Guaranteed Obligations” means the
full and timely performance of all of the obligations and liabilities of Borrower for which Borrower is, or shall become, liable pursuant to the Notes, including, without limitation, the performance of all terms, covenants, conditions, indemnities
and agreements of Borrower set forth therein. 
 Section 1.3 Nature of Guaranty. This Guaranty is an irrevocable, absolute,
continuing guaranty of payment and performance and not a guaranty of collection. This Guaranty shall continue to 

 
be effective with respect to any Guaranteed Obligations so long as the Notes are outstanding or unless Guarantor is otherwise released from its obligations under this Guaranty pursuant to the
Loan Documents. Subject to the terms of Section 1.10 below, this Guaranty shall automatically terminate upon the payment in full of the Notes, and Guarantor shall no longer be responsible for the Guaranteed Obligations. 

Section 1.4 Payment and Performance by Guarantor. Guarantor shall, immediately upon demand by Lender, pay the amount due on the
Guaranteed Obligations to Lender at Lender’s address as set forth herein or as otherwise instructed by Lender. Such demand(s) may be made at any time coincident with or after the time for payment of all or any part of the Guaranteed Obligations
with respect to the same or different Guaranteed Obligations. 
 Section 1.5 No Duty to Pursue Others. Lender shall not be
required (and Guarantor hereby waives any rights to require Lender), in order to enforce the obligations of Guarantor hereunder, first (i) to institute suit or otherwise exhaust its remedies against Borrower or any other persons liable on the
Loan or the Guaranteed Obligations, or against any other person, (ii) to enforce Lender’s rights against any collateral given to secure the Loan, (iii) to enforce Lender’s rights against any other guarantors of the Guaranteed
Obligations, (iv) to join Borrower or any other persons liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty, (v) to exhaust any available remedies against any collateral given to secure the Loan, or
(vi) to resort to any other means of obtaining payment or performance of the Guaranteed Obligations. 
 Section 1.6
Waivers. 
 (a) Guarantor agrees to the provisions of the Loan Documents and hereby waives notice of (i) acceptance of this
Guaranty, (ii) any amendment, modification, replacement or extension of any Loan Document, (iii) the execution and delivery by Borrower and/or Lender of any other agreements, promissory notes or other documents arising under the Loan
Documents, (iv) the occurrence of any breach by Borrower or any Event of Default, (v) Lender’s transfer, participation, componentization or other disposition of the Guaranteed Obligations, or any part thereof, (vi) sale or
foreclosure (or posting or advertising therefor) of any collateral for the Guaranteed Obligations, (vii) nonpayment or nonperformance, protest, notice of protest, notice of dishonor, proof of non-payment or default by Borrower,
(viii) intent to accelerate or acceleration, or (ix) any other action taken or omitted by Lender and any and all demands and notices of every kind in connection with this Guaranty, the Loan Documents, and any documents or agreements
evidencing, securing or relating to any of the Guaranteed Obligations and any other obligations hereby guaranteed. Guarantor also waives notice of or proof of reliance by Lender upon this Guaranty. 

(b) Guarantor specifically agrees that Guarantor shall not be released from liability hereunder by any action taken by Lender including,
without limitation, a nonjudicial sale under the Loan Documents, that would afford Borrower a defense based on California’s anti–deficiency laws, in general, and Cal. Code of Civ. Proc. Section 580d, in specific. Without limiting the
foregoing, Guarantor expressly understands, acknowledges and agrees as follows: (X) In the event of a nonjudicial foreclosure (through the exercise of the power of sale under the Loan Documents): (i) Borrower would not be liable for any
deficiency on the Notes under Cal. Code of Civ. Proc. Section 580d, (ii) Guarantor’s subrogation rights against Borrower would thereby be destroyed, Guarantor would be solely liable for any deficiency to Lender (without recourse
against Borrower), and (iii) Guarantor would thereby be deprived of the anti–deficiency protections of said Section 580d; (Y) Were it not for Guarantor’s knowing and intentional waivers contained herein, the destruction of
Guarantor’s subrogation rights and anti–deficiency protections would afford Guarantor a defense to an action against Guarantor hereunder; and (Z) Notwithstanding the foregoing, Guarantor expressly waives any such defense to any action
against Guarantor hereunder following a nonjudicial foreclosure sale or in any other circumstance under which Guarantor’s subrogation rights against Borrower have been destroyed. 

  
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 (c) Guarantor hereby fully and completely waives, releases and relinquishes any statute of
limitations affecting any of Guarantor’s liability hereunder or the enforcement thereof, including without limitation, any right, defense or benefit under Cal. Code of Civ. Proc. Section 337. 

(d) Guarantor expressly waives any defense or benefits arising out of any federal or state bankruptcy, insolvency, or debtor relief laws,
including without limitation, under Section 364 or 1111(b)(2) of the United States Bankruptcy Code. 
 (e) Guarantor expressly waives
any and all benefits, rights and/or defenses based on principals of suretyship and/or guaranty, including without limitation, those benefits, rights and/or defenses which might otherwise be available to Guarantor under Cal. Civ. Code Sections 2787
to 2855, inclusive, and 2899, 2953 and 3433, and Guarantor agrees that its obligations shall not be affected by any circumstances which constitute a legal or equitable discharge of a guarantor or surety. 

(f) Guarantor expressly waives any and all benefits, rights and/or defenses which might otherwise be available to Guarantor under Cal. Code of
Civ. Proc. Sections 580a, 580b, 580d and 726. In specific, but not by way of limitation, Guarantor expressly waives any and all fair value rights under Cal. Code of Civ. Proc. Section 580a as set forth in Bank of Southern California v.
Dombrow, 39 Cal.App.4th 1457, 46 Cal.Rptr.2d 656 (4th Dist., Div. 1, 1995) (decertified). 
 (g) Guarantor acknowledges that Guarantor
has been made aware of the provisions of Cal. Civ. Code Section 2856, has read and understands the provisions of that statute, has been advised by its counsel as to the scope, purpose and effect of that statute, and based thereon, and without
limiting the foregoing waivers, Guarantor agrees to waive all suretyship rights and defenses described in Cal. Civ. Code Sections 2856(a) through (d). Without limiting any other waivers herein, Guarantor hereby gives the following waiver pursuant to
Section 2856(d) of the Cal. Civ. Code: 
 “Guarantor waives all rights and defenses arising out of an election of remedies by the
creditor, even though that election or remedies, such as a nonjudicial foreclosure with respect to security for a guaranteed obligation, has destroyed the guarantor’s rights of subrogation and reimbursement against the principal by the
operation of Section 580d of the Code of Civil Procedure or otherwise.” 
 (h) As provided in Cal. Civ. Code Section 2856(c),
Guarantor makes the following waivers of specific rights afforded under California law: 
 “The guarantor waives all rights and defenses
that the guarantor may have because the debtor’s debt is secured by real property. This means, among other things: 

(1) The creditor may collect from the guarantor without first foreclosing on any real or personal property collateral pledged
by the debtor. 
 (2) If the creditor forecloses on any real property collateral pledged by the debtor: 

(A) The amount of the debt may be reduced only by the price for which that collateral is sold at the foreclosure sale, even if
the collateral is worth more than the sale price. 
 (B) The creditor may collect from the guarantor even if the creditor,
by foreclosing on the real property collateral, has destroyed any right the guarantor may have to collect from the debtor. 

  
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 This is an unconditional and irrevocable waiver of any rights and defenses the guarantor may have
because the debtor’s debt is secured by real property. These rights and defenses include, but are not limited to, any rights or defenses based on Sections 580a, 580b, 580d, or 726 of the Code of Civil Procedure.” 

(i) Guarantor acknowledges that it has relied on the advice of its own counsel in making this Guaranty and has reviewed the waivers of rights
contained herein with its counsel. Guarantor further acknowledges that it understands and accepts as a necessary part of this Guaranty the waivers of rights set forth above, after reviewing the extent and effect of the waivers in this Guaranty with
its counsel. 
 Section 1.7 Payment of Expenses. If Guarantor fails to timely perform any provisions of this Guaranty, Guarantor
shall, immediately upon demand by Lender, pay Lender any and all reasonable, out-of-pocket costs and expenses (including court costs and reasonable attorneys’ fees and expenses) incurred by Lender in the enforcement hereof or the preservation
of Lender’s rights hereunder. The covenant contained in this Section 1.7 shall survive the payment and performance of the Guaranteed Obligations. 

Section 1.8 Effect of Bankruptcy. If pursuant to any Insolvency Action (defined below) concerning Borrower or Guarantor, Lender
must rescind, restore or return any payment or any part thereof received by Lender in satisfaction (in full or in part) of the Guaranteed Obligations, as set forth herein, any prior release or discharge from the terms of this Guaranty given to
Guarantor by Lender shall be without effect, and this Guaranty shall remain in full force and effect. As used herein, “Insolvency Action” shall mean if Borrower or Guarantor (i) makes an assignment for the benefit of creditors,
(ii) has a receiver, liquidator or trustee appointed for it, (iii) is adjudicated as bankrupt or insolvent, or if any petition for bankruptcy, reorganization or arrangement pursuant to federal bankruptcy law or any similar federal or state
law shall be filed by or against, consented to, solicited by, or acquiesced in by it, or (iv) has any proceeding for its insolvency, dissolution or liquidation instituted against. 

Section 1.9 Waiver of Subrogation, Reimbursement and Contribution. Notwithstanding anything to the contrary contained in this
Guaranty, Guarantor hereby unconditionally and irrevocably waives, releases and abrogates any and all rights it may now or hereafter have under any agreement, at law or in equity (including, without limitation, any law subrogating Guarantor to the
rights of Lender), to assert any claim against or seek contribution, indemnification or any other form of reimbursement from Borrower or any other party liable for payment or performance of any or all of the Guaranteed Obligations for any payment
made by Guarantor under or in connection with this Guaranty or otherwise until the Loan is paid in full. 
 Section 1.10
Reinstatement of Guaranty in Certain Circumstances. Guarantor agrees that, if any or all of a payment made by or on behalf of Borrower of any Guaranteed Obligation is returned by any person at any time for any reason during the period
one (1) year from the date of such payment, including pursuant to any settlement, order (whether or not final) of a court of competent jurisdiction, applicable law or because of acts or omissions of Borrower (other than by reason of the full
and indefeasible payment of the Guaranteed Obligations), the Guaranteed Obligations will not be deemed to have been satisfied to the extent of the returned payment and the obligations of Guarantor hereunder will be deemed to be reinstated
automatically and to continue in full force and effect. If Borrower ceases to be liable to Lender for any of the Borrower’s obligations under the Notes (other than by reason of the full and indefeasible payment of the Borrower’s
obligations under the Notes, cancellation or termination of 

  
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the Borrower’s obligations under the Notes), then any prior release or discharge from this Guaranty will be without effect and this Guaranty and the obligations of Guarantor hereunder will
be automatically reinstated and continue in full force and effect. 
 Section 1.11 Borrower. The term
“Borrower” as used herein shall include any new or successor corporation, association, partnership (general or limited), limited liability company, joint venture, trust or other individual or organization formed as a result of any
merger, reorganization, sale, transfer, assignment, devise, gift or bequest of or by Borrower or any interest in Borrower or the Loan. 

ARTICLE II - EVENTS AND CIRCUMSTANCES NOT 

REDUCING OR DISCHARGING GUARANTOR’S OBLIGATIONS 

Section 2.1 Events and Circumstances Not Reducing or Discharging Guarantor’s Obligations. Guarantor hereby consents and
agrees to each of the following and agrees that Guarantor’s obligations hereunder shall not be released, diminished, impaired, reduced or adversely affected in any way by any of the following, and waives any common law, equitable, statutory or
other rights (including, without limitation, rights to notice) which Guarantor might have in connection with any of the following: 
 (a)
Modifications, Releases, Etc. Any renewal, extension, increase, reduction, modification, alteration or rearrangement of all or any part of the Guaranteed Obligations, any Loan Document, or any other document or agreement between Borrower and
Lender or any other parties pertaining to the Guaranteed Obligations. 
 (b) Condition of Borrower or Guarantor. The existence of an
Insolvency Action concerning Borrower, Guarantor or any other party liable for the payment or performance of all or part of the Guaranteed Obligations, or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the
assets of Borrower or Guarantor, or any changes in the shareholders, partners or members of Borrower or Guarantor, or any merger, consolidation, or reorganization of Borrower or Guarantor into or with any other person. 

(c) Invalidity, Unenforceability, Offset, Etc. The invalidity, illegality or unenforceability of all or any part of the Guaranteed
Obligations or any Loan Document, or of any other document or agreement executed in connection with the Guaranteed Obligations for any reason whatsoever, including, without limitation, the fact that (i) the Guaranteed Obligations or any part
thereof exceeds the amount permitted by law, (ii) the act of creating the Guaranteed Obligations or any part thereof is ultra vires, (iii) the officers or representatives executing the Loan Documents or otherwise creating the
Guaranteed Obligations acted in excess of their authority, (iv) the Guaranteed Obligations violate applicable usury laws, (v) Borrower has valid defenses (except the defense of payment or performance of the applicable Guaranteed
Obligations), claims or offsets (whether at law, in equity or by agreement) which render the Guaranteed Obligations wholly or partially uncollectible from Borrower, and whether such defense, claim, or right of offset arises in connection with the
Guaranteed Obligations, the transactions creating same, or otherwise (including any defense based upon any statute or rule of law which provides that the obligation of a surety must be neither larger in amount nor in other respects more burdensome
than that of the principal and any defense of the statute of limitations in any action hereunder or in any action for the collection or performance of any obligations hereby guaranteed), (vi) the creation, performance or repayment of the
Guaranteed Obligations (or the execution, delivery and performance of any document or instrument representing part of the Guaranteed Obligations, or executed in connection with the Guaranteed Obligations, or given to secure the repayment or
performance of the Guaranteed Obligations) is illegal, uncollectible or unenforceable, (vii) any Loan Document has been forged, or is not genuine or authentic, it being agreed that Guarantor shall remain liable hereunder regardless of whether
Borrower or any other person be found not liable on the Guaranteed Obligations or any part thereof for 

  
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any reason, or (viii) any collateral, security, security interest or lien contemplated or intended to be given, created or granted as security for the repayment or performance of the
Guaranteed Obligations, or any part thereof, shall not be properly perfected or created, or shall prove to be unenforceable or subordinate to any other security interest or lien, it being acknowledged and agreed by Guarantor that Guarantor is not
entering into this Guaranty in reliance on, or in contemplation of the benefits of, the validity, enforceability, collectability or value of any of the collateral for the Guaranteed Obligations. 

(d) Care and Diligence. The failure of Lender or any other party to exercise diligence or reasonable care (other than willful
malfeasance) in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of any collateral, property or security, including, without limitation, any neglect, delay, omission, failure or refusal of Lender
(i) to take or prosecute any action for the collection of any of the Guaranteed Obligations, (ii) to foreclose, or initiate any action to foreclose, or, once commenced, prosecute to completion any action to foreclose upon any security
therefor, or (iii) to take or prosecute any action in connection with any instrument or agreement evidencing or securing all or any part of the Guaranteed Obligations. 

(e) Preference. Any payment by Borrower to Lender is held to constitute a preference under bankruptcy laws or for any reason Lender is
required to refund or remit any such payment or amount to Borrower or any other person. 
 (f) Other Actions Taken or Not Taken. Any
other action taken or not taken with respect to the Loan Documents, the Guaranteed Obligations, or the security and collateral therefor, whether or not such action or inaction prejudices Guarantor or increases the likelihood that Guarantor will be
required to pay the Guaranteed Obligations pursuant to the terms hereof. 
 ARTICLE III - REPRESENTATIONS AND WARRANTIES 

Section 3.1 Representations and Warranties. To induce Lender to enter into the Notes and the Loan Documents and to make the Loan,
Guarantor represents and warrants to Lender that: (a) Guarantor will receive a direct or indirect benefit from the making of the Loan to Borrower; (b) Guarantor is familiar with, and has independently reviewed books and records regarding,
the financial condition of Borrower and any and all collateral intended to be given as security for the payment of the Loan; (c) after giving effect to this Guaranty, Guarantor is and will remain solvent; (d) the execution, delivery and
performance by Guarantor of this Guaranty and the consummation of the transactions contemplated hereunder do not and will not contravene or conflict with any law, statute or regulation to which Guarantor is subject, or constitute a default (or which
with notice, or lapse of time, or both, would constitute a default) under, or result in the breach of, any indenture, mortgage, charge, lien, or any contract or agreement to which Guarantor is a party or which may be applicable to Guarantor;
(e) no approval, authorization, order, license or consent of, or registration or filing with, any governmental authority or other person, and no approval, authorization or consent of any other person is required in connection with this
Agreement; (f) there are no actions, suits or proceedings at law or in equity by or before any governmental authority or other agency now pending and served or, to Guarantor’s knowledge, threatened, involving or concerning Guarantor,
(g) this Guaranty is a legal, valid and binding obligation of Guarantor, and is enforceable in accordance with its terms, except as may be limited by principles of equity, bankruptcy, insolvency or other laws of general application relating to
the enforcement of creditors’ rights, and (h) the individual executing this Guaranty has been duly authorized by the all necessary corporate, company, trust or individual actions and consents, as applicable. 

  
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 Section 3.2 Additional Provisions. Without limiting anything set forth in
Section 3.1 above, Guarantor hereby represents, warrants, covenants and agrees as follows: 
 (a) Guarantor (i) is a
Delaware limited liability company in good standing, whose principal place of business is located at 3000 Ocean Park Boulevard, Suite 1020, Santa Monica, CA 90405 and (ii) has the requisite power to execute and deliver, and perform its
obligations under, this Guaranty and any other Loan Document to which it is a party. 
 (b) The execution and delivery by Guarantor of this
Guaranty and any other Loan Document to which it is a party, and Guarantor’s performance of its obligations thereunder (i) will not violate any provision of any applicable legal requirements, and (ii) will not be in conflict with,
result in a breach of, or constitute (with due notice or lapse of time or both) a default under, or result in the creation or imposition of any lien of any nature whatsoever upon any of the property or assets of Guarantor pursuant to, any indenture
or agreement or instrument. This Guaranty and the other Loan Documents to which Guarantor is a party have been duly executed and delivered by Guarantor. 

ARTICLE IV - SUBORDINATION OF CERTAIN INDEBTEDNESS 

Section 4.1 Subordination of All Guarantor Claims. As used herein, the term “Guarantor Claims” shall mean any and
all debts and liabilities of Borrower owed to Guarantor, whether now existing or hereafter incurred, including, without limitation, (i) all rights and claims of Guarantor against Borrower (arising as a result of subrogation or otherwise) as a
result of Guarantor’s payment or performance of all or any portion of the Guaranteed Obligations, or (ii) any claim arising out of or related to the Purchase Agreement. During the continuance of an Event of Default under the Notes, without
limiting the provisions of Section 1.9, Guarantor hereby subordinates its rights to receive any payment from Borrower on account of any Guarantor Claims to the full payment of the Loan payable to Lender. Following the occurrence of an
Event of Default under the Notes, Guarantor shall not demand, receive or collect, directly or indirectly, from Borrower or any other party, and shall not claim any offset or other reduction of Guarantor’s obligations hereunder because of, any
amount pursuant to or in satisfaction of the Guarantor Claims until the Loan is paid in full. 
 Section 4.2 Claims in
Bankruptcy. In the event of an Insolvency Action involving Guarantor as debtor, Lender shall have the right to prove its claim in any such proceeding so as to establish its rights hereunder and receive directly from the receiver, trustee or
other court custodian dividends and payments which would otherwise be payable pursuant to or in satisfaction of Guarantor Claims. Guarantor hereby assigns any and all such dividends and payments to Lender. 

Section 4.3 Payments Held in Trust. If, notwithstanding anything to the contrary contained in this Guaranty, Guarantor should
receive any funds, payment, claim or distribution which is prohibited hereunder, Guarantor covenants and agrees to hold in trust for Lender an amount equal to the amount of all funds, payments, claims or distributions so received, and Guarantor
acknowledges and agrees that it shall have absolutely no dominion over the amount of such funds, payments, claims or distributions so received, except to pay them promptly to Lender, and Guarantor hereby covenants and agrees promptly to pay the same
to Lender. 
 Section 4.4 Liens Subordinate; Standstill. Guarantor acknowledges and agrees that until the Loans are paid in full
or the Guarantor has otherwise been released from the Guaranteed Obligations pursuant to the terms of the Loan Documents, any liens, security interests, judgment liens, charges or other encumbrances upon Borrower’s assets securing payment of
the Guarantor Claims shall be and remain inferior and subordinate to any liens, security interests, judgment liens, charges or other encumbrances upon Borrower’s assets securing payment or performance of the Guaranteed Obligations, regardless
of whether such encumbrances in favor of Guarantor or Lender presently exist or are hereafter created or attach. Until the Loan is paid in full, Guarantor shall not (i) exercise or enforce any creditor’s right it may have against Borrower,
or (ii) foreclose, repossess, sequester or otherwise take steps or 

  
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institute any action or proceedings (judicial or otherwise, including, without limitation, the commencement of, or joinder in, any liquidation, bankruptcy, rearrangement, debtor’s relief or
insolvency proceeding) to enforce any liens, mortgages, deeds of trust, security interests, collateral rights, judgments or other encumbrances on assets of Borrower held by Guarantor. 

ARTICLE V - MISCELLANEOUS 

Section 5.1 Waiver. No failure to exercise, and no delay in exercising, on the part of Lender, any right hereunder shall operate
as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right. The rights of Lender hereunder shall be in addition to all other rights provided by law. No
notice or demand given in any case shall constitute a waiver of the right to take other action in the same, similar or other instances without such notice or demand. 

Section 5.2 Notices. All notices, consents, approvals, demands and requests required or permitted hereunder shall be given in
writing and shall be effective for all purposes if hand delivered or sent by (a) hand delivery, with proof of attempted delivery, (b) certified or registered United States mail, postage prepaid, (c) expedited prepaid delivery service,
either commercial or United States Postal Service, with proof of attempted delivery, or (d) by telecopier (with answerback acknowledged) provided that such telecopied notice must also be delivered by one of the means set forth in (a),
(b) or (c) above, addressed to the parties as follows: 
  

			
	If to Lender:		CIL&D, LLC
			337 N. Vineyard Ave., 4th Floor
			Ontario, CA 91764
			Attention: Richard E. Stoddard
			Facsimile No.: 909.944.6605
		
	with a copy to:		CIL&D, LLC
			337 N. Vineyard Ave., 4th Floor
			Ontario, CA 91764
			Attention: Terry Cook
			Facsimile No.: 909.944.6605
		
	and with a copy to:		Bryan Cave LLP
			88 Wood Street
			London EC2V 7AJ
			England
			Attention: Carol Osborne
			Facsimile No.: 44 20 3207 1881
		
	If to Guarantor:		Eagle Mountain LLC
			c/o Eagle Crest Energy Company
			3000 Ocean Park Blvd, Suite 1020
			Santa Monica, CA 90405
			Attention: J. Douglas Divine
			Facsimile: 310.450.9494
		
	with a copy to:		Latham & Watkins LLP
			355 S. Grand Ave
			Los Angeles, CA 90071-1560
			Attention: Kevin Ehrhart
			Facsimile: 213.891.8763

  
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	and with a copy to:		Wexford Capital LP
			411 West Putnam Ave.
			Grenwich, CT 06830
			Attention: Antony Lundy
			Email: tlundy@wexford.com
			Attention: Arthur Amron
			Email: aamron@wexford.com
			Facsimile: 203.863.7312

 A party receiving a notice which does not comply with the technical requirements for notice under this Section 5.2
may elect to waive any deficiencies and treat the notice as having been properly given. A notice shall be deemed to have been given: (a) in the case of hand delivery, at the time of delivery; (b) in the case of registered or certified
mail, when delivered or the first attempted delivery on a business day; (c) in the case of expedited prepaid delivery upon the first attempted delivery on a business day; or (d) in the case of telecopier, upon receipt of answerback
confirmation, provided that such telecopied notice was also delivered as required in this Section 5.2. 
 Section 5.3
Governing Law; Submission to Jurisdiction. 
 (a) This Guaranty shall be interpreted and enforced according to the laws of the State
of California (without giving effect to rules regarding conflict of laws). 
 (b) Guarantor hereby consents and submits to the exclusive
jurisdiction and venue of any state or federal court sitting in the State of California with respect to any legal action or proceeding arising with respect to this Guaranty and waives all objections which it may have to such jurisdiction and venue.

 Section 5.4 Severability. Wherever possible, each provision of this Guaranty shall be interpreted in such manner as to be
effective and valid under applicable law, but if any provision of this Guaranty shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the
remainder of such provision or the remaining provisions of this Guaranty. 
 Section 5.5 Modification; Waiver in Writing. No
modification, amendment, extension, discharge, termination (except as provided in Section 1.3, above) or waiver of any provision of this Guaranty, nor consent to any departure by Guarantor therefrom, shall in any event be effective
unless the same shall (i) be in a writing signed by the party against whom enforcement is sought, and (ii) specifically refer to this Agreement. Any such modification, amendment, extension, discharge, termination or waiver shall be
effective only in the specific instance, and for the purpose, for which given. Except as otherwise expressly provided herein, no notice to, or demand on Guarantor, shall entitle Guarantor to any other or future notice or demand in the same, similar
or other circumstances. 
 Section 5.6 Number and Gender. All references to sections and exhibits are to sections and exhibits
in or to this Guaranty unless otherwise specified. Unless otherwise specified, the words “hereof,” “herein” and “hereunder” and words of similar import when used in this Guaranty shall refer to this Guaranty as a whole
and not to any particular provision, article, section or other subdivision of this Guaranty. Unless otherwise specified, all meanings attributed to defined terms herein shall be equally applicable to both the singular and plural forms of the terms
so defined. Whenever the context may require, any pronouns used herein shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns and pronouns shall include the plural and vice versa. 

  
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 Section 5.7 Headings, Etc. The headings and captions of various paragraphs of this
Guaranty are for the convenience of reference only and are not to be construed as defining or limiting, in any way, the scope or intent of the provisions hereof. 

Section 5.8 Counterparts. This Guaranty may be executed in several counterparts, each of which counterparts shall be deemed an
original instrument and all of which together shall constitute a single Guaranty. The failure of any party hereto to execute this Guaranty, or any counterpart hereof, shall not relieve the other signatories from their obligations hereunder. 

Section 5.9 Rights and Remedies. If Guarantor becomes liable for any indebtedness owing by Borrower to Lender, by endorsement or
otherwise, other than pursuant to this Guaranty, such liability shall not be in any manner impaired or affected hereby, and the rights of Lender hereunder shall be cumulative of any and all other rights that Lender may ever have against Guarantor.
The exercise by Lender of any right or remedy hereunder or under any other instrument, or at law or in equity, shall not preclude the concurrent or subsequent exercise of any other right or remedy. No failure or delay on the part of Lender in
exercising any right, power or remedy hereunder shall operate as a waiver of the exercise of the same or any other right at any other time; nor shall any single or partial exercise of any such right, power or remedy preclude any other or further
exercise thereof or the exercise of any other right, power or remedy hereunder. 
 Section 5.10 Entire Agreement. This Guaranty
and the other Loan Documents embody the final, entire agreement of Guarantor and Lender with respect to the Guarantor’s guaranty of the Guaranteed Obligations and supersedes any and all prior commitments, agreements, representations, and
understandings, whether written or oral, relating to the subject matter hereof. This Guaranty is intended by Guarantor and Lender as a final and complete expression of the terms of the Guaranty, and no course of dealing between Guarantor and Lender,
no course of performance, no trade practices, and no evidence of prior, contemporaneous or subsequent oral agreements or discussions or other extrinsic evidence of any nature shall be used to contradict, vary, supplement or modify any term of this
Guaranty. There are no oral agreements between Guarantor and Lender. 
 Section 5.11 Recitals. Each of the Recitals set forth at
the beginning of this Guaranty are true and correct and are incorporated herein by reference. 
 [Signatures begin on the following page]

  
 10 

 IN WITNESS WHEREOF, the undersigned has executed this Guaranty as of the day and year first above
written. 
  

									
	WITNESS				GUARANTOR:
			
	 /s/
				EAGLE MOUNTAIN LLC,
					a Delaware limited liability company
				
					By:		 /s/ Steve Lowe

							Name:		 Steve Lowe

							Title:		Authorized Person

 Eagle Mountain LLC GuarantyEX-10.1.9

 EXHIBIT 10.1.9

 PLEDGE AGREEMENT 

(Purchaser Guarantor) 
 THIS
PLEDGE AGREEMENT (this “Agreement”) dated as of June 29, 2015, is made by EAGLE MOUNTAIN LLC, a Delaware limited liability company (“Pledgor”), for the benefit of CIL&D, LLC, a Delaware limited
liability company (together with its successors and assigns, “Lender”). 
 WHEREAS, Eagle Mountain Acquisition LLC,
a Delaware limited liability company (“Borrower”), is a party to that certain Purchase and Sale Agreement dated as of June 25, 2015 (the “Purchase Agreement”) among Borrower, Lender, Eagle Mountain LLC, a
Delaware limited liability company (“Holdco”), Kaiser Eagle Mountain, LLC, a Delaware limited liability company (“KEM”) and Eagle Crest Energy Company, a California corporation (“ECEC”), pursuant to
which, among other things, Lender agreed to sell to Borrower 100% of the ownership interest in KEM; and 
 WHEREAS, as payment of the
purchase price to Lender under the Purchase Agreement, Borrower executed and delivered to Lender (i) that certain promissory note in the initial principal amount of $4,250,000 (the “Senior Note”) and (ii) that certain
promissory note in the initial principal amount of $19,000,000 (the “Junior Note” and together with, the Senior Note, the “Notes”), in each case of even date herewith in favor of Lender. Collectively, the payment
obligations under the Notes are sometimes referred to herein as the “Loan”. Capitalized terms used herein without definition shall have the meanings ascribed to such terms in the Notes; and 

WHEREAS, Pledgor owns 100% of the membership interest in Borrower (collectively, the “Equity Interests”); and 

WHEREAS, each of the following (collectively, the “Guarantors”): (i) Pledgor, (ii) ECEC, (iii) certain
shareholders of ECEC, and (iv) KEM, have executed and delivered to Lender a guaranty (collectively, the “Guaranties”); and 

NOW, THEREFORE, as an inducement to Lender to enter into the Purchase Agreement and to accept the Notes, and for other good and
valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, the parties do hereby agree as follows: 
 1.
Pledge of Pledged Interests. Pledgor hereby pledges to Lender, and grants to Lender a continuing security interest in the Equity Interests as forth on Schedule A hereto (collectively, the “Pledged Interests”), together
with all distributions, interest, proceeds, and any other sums due or to become due thereon, all instruments or other property at any time and from time to time received, receivable, or otherwise distributed in respect of (such as a distribution,
reclassification, readjustment, or other changes in the capital structure of the issuer of such Pledged Interests, or otherwise), or in exchange for any or all of such Pledged Interests, all general intangibles associated therewith, and all proceeds
thereof (collectively, including the Pledged Interests, the “Collateral”) as security for the payment, performance and observance of (i) each of the obligations and liabilities of Pledgor under that certain Guaranty Agreement
of even date herewith made by Pledgor in favor of Lender (the “EC Holdco Guaranty”) and under this Agreement, and (iii) all of Lender’s reasonable, out-of-pocket costs and expenses (including reasonable, out-of-pocket
attorneys’ fees) actually incurred in connection with collection and enforcement with respect to any of the foregoing obligations and liabilities (collectively, the “Obligations”). 

2. Equity Interest, Reclassifications, Etc. If any distribution, reclassification, readjustment, or other change is made or declared in
the Pledged Interests, all new substituted and additional Equity Interests issued by reason of any such change shall be assigned and delivered by 

 
Pledgor to Lender and held by Lender as Pledged Interests under the terms hereof; provided, however, that nothing contained herein shall be deemed to permit any distribution,
reclassification, readjustment, or other change, and provided further that nothing contained herein shall be deemed to permit any pledge, issuance, sale, or disposition of any or all of the Pledged Interests, except as specifically permitted
in this Agreement or otherwise permitted in writing by Lender. 
 3. Cooperation. 

a. Lender’s Control. Pledgor and Borrower each hereby (i) elects to have such Equity Interests be deemed to be
“securities” governed by Article 8 of the Commercial Code as adopted from time to time in the State of California (the “Code”), (ii) agrees to comply with any “instructions” (as defined in
Section 8102(a)(12) of the Code) originated by or on behalf of Lender without further consent of Pledgor, including, without limitation, instructions regarding the transfer, redemption or other disposition of the Pledged Interests or the
proceeds thereof, including any distributions with respect thereto, (iii) acknowledges Lender’s intention to establish its control over the Pledged Interests for purposes of the provisions of Section 8106(c)(2) of the Code,
(iv) agrees that Borrower shall promptly note on its books the security interest granted under this Agreement, (v) agrees that the Pledged Interests shall not be sold, transferred, assigned, encumbered or registered in the name of any
other person without the prior written consent of Lender, which consent may be withheld in its sole discretion, and (vi) agrees that upon an occurrence and continuation of an Event of Default, Lender or its successor, assign or designee, shall
have the right to become and be admitted as a full member of Borrower and to exercise all rights of a member, including without limitation all voting rights, and to receive distributions and allocations from Borrower to the extent of the membership
interest pledged by Pledgor, which rights shall be conferred and all title to such Pledged Interest shall transfer, immediately upon the exercise of Lender’s rights, without further action, approval or consent of any kind. 

b. Additional Documentation. Pledgor agrees that all certificates or other instruments representing or evidencing the Pledged Interests
shall be delivered to and held by Lender pursuant hereto and shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form attached hereto as Exhibit A, all in form and substance reasonably
satisfactory to Lender. Lender shall have the right, at any time after the occurrence and during the continuance of an Event of Default, in its discretion and without notice to Borrower, to transfer to or to register in the name of Lender, or any of
its nominees, any or all of the Pledged Interests. 
 4. Representations, Warranties, and Covenants of Pledgor. Pledgor represents,
warrants, and covenants to Lender as follows: 
 (i) Pledgor is the sole legal and beneficial owner of the Pledged Interests
free and clear of any lien except for the security interest created by this Agreement and the other Loan Documents; 
 (ii)
Pledgor has full power and authority to enter into this Agreement; 
 (iii) there are no restrictions upon the voting rights
associated with, or upon the transfer of, any of the Pledged Interests; 
 (iv) Pledgor has the right to vote, pledge and
grant a security interest in or otherwise transfer the Pledged Interests; 
 (v) no authorization, approval, or other action
by, and no notice to or filing with, any United States governmental authority or regulatory body is required for the pledge of the Pledged Interests pursuant to this Agreement or for the execution, delivery or performance of this Agreement by
Pledgor; 

  
 2 

 (vi) each of the Pledged Interests are set forth on Schedule A; and 

(vii) each of the Pledged Interests certificated as of the date hereof shall at all times remain certificated, and in
connection herewith, Pledgor shall deliver such certificates to Lender endorsed to Lender in blank. 
 (viii) if any of the
Pledged Interests which are not certificated as of the date hereof shall at any time become certificated, Pledgor will immediately notify Lender and deliver such certificates to Lender endorsed to Lender in blank. 

(ix) Pledgor shall not enter into any agreements or instruments, that would (1) create or impose supermajority voting
requirements in the organizational documents of Holdco or Borrower (by the relevant governing body of such entity or by its equity owners) for any corporate or company action other than with respect to a vote on the filing of a voluntary bankruptcy
(it being understood and agreed that a voluntary bankruptcy is any bankruptcy filing other than one made by a third party, unaffiliated creditor of ECEC, Borrower, Holdco, or after the Closing, KEM (each a “Buyer Party”), or an affiliate
solely because of the non-payment of debt by a Buyer Party or an affiliate); (2) dilute the ownership interests of Pledgor in Borrower, result in the issuance of additional equity interests of any kind (whether or not convertible) or cause
Borrower to incur additional debt (except as permitted under the Notes) unless the holders of such additional equity interests or additional debt pledge such additional equity interests or subordinate such additional debt to Lender pursuant to an
agreement substantially in the same form as this Agreement; provided, however, that if the proceeds of any such issuance of equity or incurrence of debt will be used to pay all amounts due with respect to the Senior Note in full, then such
issuance and/or incurrence shall be permitted and the holders of such additional equity interests or debt shall not be required to pledge such additional equity or subordinated such additional debt as provided above in this clause (ix);
(3) dilute the ownership interest of Borrower in KEM in any respect; or (4) result in the termination of the existence of any entity party to a Loan Document, whether by reorganization, winding up, merger, dissolution or otherwise. 

5. Power of Attorney. Pledgor hereby irrevocably grants Lender a power of attorney, coupled with an interest, with respect to the
Collateral for all purposes consistent with this Agreement. Said power of attorney shall include, but shall not be limited to, the power to transfer the Collateral, to execute in such Pledgor’s name instruments of conveyance or transfer with
respect to all or any of the Collateral and to take such other action to enforce any of Lender’s rights hereunder or with respect to any of the Collateral. 

6. Transfers and Other Liens. Pledgor agrees that it will not (i) sell or otherwise dispose of, or grant any option with respect
to, any of the Pledged Interests without the prior written consent of Lender, which consent Lender may grant or withhold at any time in its sole and absolute discretion, or (ii) create or permit to exist any lien upon or with respect to any of
the Pledged Interests, except for the security interest under this Agreement and the other Loan Documents. 
 7. Voting and Distribution
Rights. Prior to the occurrence of an Event of Default, Pledgor shall have all voting and distribution rights, if any, in the Pledged Interests. 

  
 3 

 8. Event of Default. Each of the following shall be an event of default (“Event of
Default”) hereunder: 
 (i) A material breach by Pledgor of the performance of the Guaranteed Obligations set forth
in the EC Holdco Guaranty. 
 (ii) The failure by Pledgor to cure a material breach of any provision set forth in this
Agreement within thirty (30) days of receipt of written notice from Lender of the nature of such breach. 
 (iii) The
voluntary commencement of any case, proceeding or other action against Pledgor under any bankruptcy or other law for the relief of, or relating to, such Pledgor that is not dismissed within sixty (60) days from the commencement of such case,
proceeding or action. 
 (iv) Pledgor becoming insolvent or generally not paying or admitting in writing its inability to pay
its debts as they become due, failing in business, being liquidated or dissolved, making a general assignment for the benefit of creditors, or voluntarily commencing any case, proceeding or other action under any bankruptcy or other law for the
relief of, or relating to, Pledgor. 
 (v) The attachment of any involuntary lien of any kind or character to any of the
Collateral and the continuance thereof for a period of ten (10) business days after the earlier of Pledgor having knowledge of such failure or Lender providing written notice thereof to Pledgor, unless such lien is contested by Pledgor and
bonded in a manner reasonably acceptable to Lender within such ten (10) business day period. 
 9. Remedies. At any time and
from time to time during the continuance of an Event of Default, Lender shall have the right, but not the obligation to take one or more actions available to it whether under statute, at law or in equity, including without limitation any of the
following actions: 
 (i) declare that the ownership of the Pledged Interests shall be immediately vested in Lender and may
cause any or all of the Pledged Interests to be registered in its own name or in the name of any nominee or nominees; and, upon such declaration, shall be entitled to collect and receive all distributions, payments, and other distributions of any
character, declared or paid on any of the Pledged Interests; 
 (ii) vote any or all Pledged Interests of any of the Pledged
Interests and give all consents, waivers, and ratifications in respect thereof and otherwise act with respect thereto as though it was the absolute owner thereof; and 

(iii) sell, assign, transfer, and deliver at any time the whole, or from time to time any part, of the Pledged Interests or any
rights or interests therein, at public or private sale or in any other manner, at such prices on such terms as Lender may deem to be in its best interests, and either for cash, on credit, or for future delivery, at the option of Lender, upon five
(5) days written notice, which Pledgor agrees is commercially reasonable, addressed to Pledgor at its last address on file with Lender. All proceeds of any sale of any of the Pledged Interests or any right or interests therein, and all
distributions, payments, or other distribution received by Lender pursuant to the terms of this Section, shall be applied by Lender to the payment of the Obligations in such manner and order of priority as Lender shall determine, in its sole
discretion. The surplus, if any, shall be paid to whomsoever may be lawfully entitled to receive the same or as a court of competent jurisdiction may direct. 

  
 4 

 10. Miscellaneous. 

a. Governing Law; Jurisdiction. This Agreement shall be governed by and construed according to the laws of the State of California,
without giving effect to principles of conflicts of law. 
 b. Entire Agreement. This Agreement, together with the other Loan
Documents, sets forth the entire agreement and understanding of the parties with respect to the subject matter hereof, supersedes and rescinds any prior agreements relating to the subject matter hereof, and shall not be subject to any change or
modification except by the execution of a written instrument subscribed to by the parties hereto. 
 c. Waiver; Remedies. No course
of dealing among Pledgor and Lender nor any failure to exercise, nor any delay in exercising, on the part of Lender, any right, power, or privilege hereunder or under any of the Obligations, shall operate as a waiver thereof; nor shall any single or
partial exercise of any right, power, or privilege hereunder or thereunder preclude any other or further exercise thereof or the exercise of any other right, power, or privilege. The rights and remedies herein provided and provided under any of the
Obligations are cumulative and are in addition to, and not exclusive of, any rights or remedies provided by law, including, without limitation, the rights and remedies of a secured party under the Code. 

d. Notice. All notices or other written communications hereunder shall be delivered in accordance with Section 5.2 of the EC
Holdco Guaranty. 
 e. Assignment; Binding Nature. This Agreement shall inure to the benefit of Lender and shall be binding upon the
heirs, legatees, successor and assigns of Pledgor. 
 f. Recitals. Each of the Recitals set forth at the beginning of this Agreement
are true and correct and are incorporated herein by reference. 
 [signature page follows] 

  
 5 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered as of the day and year first above written. 
  

					
	PLEDGOR:
	
	 EAGLE MOUNTAIN LLC,
 a
Delaware limited liability company

		
	By:		 /s/ Steve Lowe

			Name:		 Steve Lowe

			Title:		Authorized Person

 [Signatures continue on the following page] 

  
 Signature page to
Holdco Pledge Agreement 

					
	LENDER:
	
	 CIL&D, LLC,
 a Delaware
limited liability company

		
	By:		 /s/ Richard E. Stoddard

			Name:		 Richard E. Stoddard

			Title:		Managing Liquidation Director

 [Signatures continue on the following page] 

  
 Signature page to
Holdco Pledge Agreement 

					
	ACKNOWLEDGED AND AGREED
	
	BORROWER:
	EAGLE MOUNTAIN ACQUISITION LLC
		
	By:		 /s/ Steve Lowe

			Name:		 Steve Lowe

			Title:		Authorized Person

  
 Signature page to
Holdco Pledge Agreement

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