Document:

EX-10.9

Exhibit 10.9

EMPLOYMENT AGREEMENT

     AGREEMENT by and between STRATTEC SECURITY CORPORATION, a Wisconsin corporation (the
“Company”) and Richard Messina (the “Executive”), dated as of the 1st day of December, 2008.

     The Board of Directors of the Company (the “Board”), has determined that it is in the best
interests of the Company and its shareholders to assure that the Company will have the continued
dedication of the Executive, notwithstanding the possibility, threat or occurrence of a Change of
Control (as defined below) of the Company. The Board believes it is imperative to diminish the
inevitable distraction of the Executive by virtue of the personal uncertainties and risks created
by a pending or threatened Change of Control and to encourage the Executive’s full attention and
dedication to the Company currently and in the event of any threatened or pending Change of
Control, and to provide the Executive with compensation and benefits arrangements upon a Change of
Control which ensure that the compensation and benefits expectations of the Executive will be
satisfied and which are competitive with those of other corporations. Therefore, in order to
accomplish these objectives, the Board has caused the Company to enter into this Agreement.

     NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:

     1. Certain Definitions.

          (a) The “Effective Date” shall mean the first date during the Change of Control Period (as
defined in Section l(b)) on which a Change of Control (as defined in Section 2) occurs. Anything
in this Agreement to the contrary notwithstanding, if a Change of Control occurs and if the
Executive’s employment with the Company or this Agreement is terminated prior to the date on which
the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such
termination of employment or of this Agreement (i) was at the request of a third party who has
taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in
connection with or anticipation of a Change of Control, then for all purposes of this Agreement the
“Effective Date” shall mean the date immediately prior to the date of such termination of
employment or purported termination of this Agreement.

          (b) The “Change of Control Period” shall mean the period commencing on the date hereof and
ending on the third anniversary of the date hereof; provided, however, that commencing on the date
one year after the date hereof, and on each annual anniversary of such date (such date and each
annual anniversary thereof shall be hereinafter referred to as the “Renewal Date”), unless
previously terminated, the Change of Control Period shall be automatically extended so as to
terminate three years from such Renewal Date, unless at least 60 days prior to the Renewal Date the
Company shall give notice to the Executive that the Change of Control Period shall not be so
extended.

 

 

     2. Change of Control. For the purpose of this Agreement, a “Change of Control” shall
mean:

          (a) The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3)
or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) (a “Person”)
of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of
20% or more of either (i) the then outstanding shares of common stock of the Company (the
“Outstanding Company Common Stock”) or (ii) the combined voting power of the then outstanding
voting securities of the Company entitled to vote generally in the election of directors (the
“Outstanding Company Voting Securities”); provided, however, that the following acquisitions shall
not constitute a Change of Control: (i) any acquisition directly from the Company, (ii) any
acquisition by the Company, (iii) any acquisition by any employee benefit plan (or related trust)
sponsored or maintained by the Company or any corporation controlled by the Company or (iv) any
acquisition by any corporation pursuant to a transaction which complies with clauses (i), (ii) and
(iii) of subsection (c) of this Section 2; or

          (b) Individuals who, as of the date hereof, constitute the Board (the “Incumbent Board”) cease
for any reason to constitute at least a majority of the Board; provided, however, that any
individual becoming a director subsequent to the date hereof whose election, or nomination for
election by the Company’s shareholders, was approved by a vote of at least a majority of the
directors then comprising the Incumbent Board shall be considered as though such individual were a
member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial
assumption of office occurs as a result of an actual or threatened election contest with respect to
the election or removal of directors or other actual or threatened solicitation of proxies or
consents by or on behalf of a Person other than the Board; or

          (c) Approval by the shareholders of the Company of a reorganization, merger or consolidation
(a “Business Combination”), in each case, unless, following such Business Combination, (i) all or
substantially all of the individuals and entities who were the beneficial owners, respectively, of
the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to
such Business Combination beneficially own, directly or indirectly, more than 60% of, respectively,
the then outstanding shares of common stock and the combined voting power of the then outstanding
voting securities entitled to vote generally in the election of directors, as the case may be, of
the corporation resulting from such Business Combination (including, without limitation, a
corporation which as a result of such transaction owns the Company through one or more
subsidiaries) in substantially the same proportions as their ownership, immediately prior to such
Business Combination of the Outstanding Company Common Stock and Outstanding Company Voting
Securities, as the case may be, (ii) no Person (excluding any employee benefit plan (or related
trust) of the Company or such corporation resulting from such Business Combination) beneficially
owns, directly or indirectly, 20% or more of, respectively, the then

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outstanding shares of common stock of the corporation resulting from such Business Combination or
the combined voting power of the then outstanding voting securities of such corporation except to
the extent that such ownership existed prior to the Business Combination and (iii) at least a
majority of the members of the board of directors of the corporation resulting from such Business
Combination were members of the Incumbent Board at the time of the execution of the initial
agreement, or of the action of the Board, providing for such Business Combination; or

          (d) Approval by the shareholders of the Company of (i) a complete liquidation or dissolution
of the Company or (ii) the sale or other disposition of all or substantially all of the assets of
the Company, other than to a corporation, with respect to which following such sale or other
disposition, [a] more than 60% of, respectively, the then outstanding shares of common stock of
such corporation and the combined voting power of the then outstanding voting securities of such
corporation entitled to vote generally in the election of directors is then beneficially owned,
directly or indirectly, by all or substantially all of the individuals and entities who were the
beneficial owners, respectively, of the Outstanding Company Common Stock and outstanding Company
Voting Securities immediately prior to such sale or other disposition in substantially the same
proportion as their ownership, immediately prior to such sale or other disposition, of the
Outstanding Company Common Stock and Outstanding Company Voting Securities, as the case may be, [b]
less than 20% of, respectively, the then outstanding shares of common stock of such corporation and
the combined voting power of the then outstanding voting securities of such corporation entitled to
vote generally in the election of directors is then beneficially owned, directly or indirectly, by
any Person (excluding any employee benefit plan (or related trust) of the Company or such
corporation), except to the extent that such Person owned 20% or more of the Outstanding Company
Common Stock or Outstanding Company Voting Securities prior to the sale or disposition, and [c] at
least a majority of the members of the board of directors of such corporation were members of the
Incumbent Board at the time of the execution of the initial agreement, or of the action of the
Board, providing for such sale or other disposition of assets of the Company or were elected,
appointed or nominated by the Board.

     3. Employment Period. The Company hereby agrees to continue the Executive in its
employ, and the Executive hereby agrees to remain in the employ of the Company subject to the terms
and conditions of this Agreement, for the period commencing on the Effective Date and ending on the
third anniversary of such date (the “Employment Period”).

     4. Terms of Employment.

          (a) Position and Duties.

               (i) During the Employment Period, [a] the Executive’s position (including status, offices,
titles and reporting requirements), authority, duties and responsibilities shall be at least
commensurate in all material respects with the most

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significant of those held, exercised and assigned at any time during the 120-day period immediately
preceding the Effective Date and [b] the Executive’s services shall be performed at the location
where the Executive was employed immediately preceding the Effective Date or any office or location
less than 35 miles from such location.

               (ii) During the Employment Period, and excluding any periods of vacation and sick leave to
which the Executive is entitled, the Executive agrees to devote reasonable attention and time
during normal business hours to the business and affairs of the Company and, to the extent
necessary to discharge the responsibilities assigned to the Executive hereunder, to use the
Executive’s reasonable best efforts to perform faithfully and efficiently such responsibilities.
During the Employment Period it shall not be a violation of this Agreement for the Executive to [a]
serve on corporate, civic or charitable boards or committees, [b] deliver lectures, fulfill
speaking engagements or teach at educational institutions and [c] manage personal investments, so
long as such activities do not significantly interfere with the performance of the Executive’s
responsibilities as an employee of the Company in accordance with this Agreement. It is expressly
understood and agreed that to the extent that any such activities have been conducted by the
Executive prior to the Effective Date, the continued conduct of such activities (or the conduct of
activities similar in nature and scope thereto) subsequent to the Effective Date shall not
thereafter be deemed to interfere with the performance of the Executive’s responsibilities to the
Company.

          (b) Compensation.

               (i) Base Salary. During the Employment Period, the Executive shall receive an annual
base salary (“Annual Base Salary”), which shall be paid at a monthly rate, at least equal to twelve
times the highest monthly base salary paid or payable, including any base salary which has been
earned but deferred, to the Executive by the Company and its affiliated companies in respect of the
12-month period immediately preceding the month in which the Effective Date occurs. During the
Employment Period, the Annual Base Salary shall be reviewed no more than 12 months after the last
salary increase awarded to the Executive prior to the Effective Date and thereafter at least
annually and shall be first increased no more than 12 months after the last salary increase awarded
to the Executive prior to the Effective Date and thereafter at least annually by the higher of (x)
the average increase (excluding promotional increases) in base salary awarded to the Executive for
each of the three full fiscal years (annualized in the case of any fiscal year consisting of less
than twelve full months or during which the Executive was employed for less than twelve months)
prior to the Effective Date, and (y) the percentage increase (excluding promotional increases) in
base salary generally awarded to peer executives of the Company and its affiliated companies for
the year of determination. Any increase in Annual Base Salary shall not serve to limit or reduce
any other obligation to the Executive under this Agreement. Annual Base Salary shall not be
reduced after any such increase and the term Annual Base Salary as utilized in this Agreement shall
refer to Annual Base Salary as so increased. As used in this Agreement, the term “affiliated
companies” shall include any company controlled by, controlling or under common control with the
Company.

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               (ii) Annual Bonus. In addition to Annual Base Salary, the Executive shall be awarded,
for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in
cash at least equal to the higher of (x) the average of the three highest bonuses paid or payable,
including any bonus or portion thereof which has been earned but deferred, to the Executive by the
Company and its affiliated companies in respect of the five fiscal years (or such shorter period
during which the Executive has been employed by the Company) immediately preceding the fiscal year
in which the Effective Date occurs (annualized for any fiscal year during such period consisting of
less than twelve full months or with respect to which the Executive has been employed by the
Company for less than twelve full months) and (y) the bonus paid or payable (annualized as
described above), including any bonus or portion thereof which has been earned but deferred, to the
Executive by the Company and its affiliated companies in respect of the most recently completed
fiscal year prior to the Effective Date (such higher amount being referred to as the “Recent Annual
Bonus”). Each such Annual Bonus shall be paid no later than the end of the third month of the
fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless the
Executive shall elect to defer the receipt of such Annual Bonus.

               (iii) Incentive, Savings and Retirement Plans. During the Employment Period, the
Executive shall be entitled to participate in all incentive, savings and retirement plans,
practices, policies and programs applicable generally to other peer executives of the Company and
its affiliated companies, but in no event shall such plans, practices, policies and programs
provide the Executive with incentive opportunities (measured with respect to both regular and
special incentive opportunities, to the extent, if any, that such distinction is applicable),
savings opportunities and retirement benefit opportunities, in each case, less favorable, in the
aggregate, than the most favorable of those provided by the Company and its affiliated companies
for the Executive under such plans, practices, policies and programs as in effect at any time
during the 120-day period immediately preceding the Effective Date or if more favorable to the
Executive, those provided generally at any time after the Effective Date to other peer executives
of the Company and its affiliated companies.

               (iv) Welfare Benefit Plans. During the Employment Period, the Executive and/or the
Executive’s family, as the case may be, shall be eligible for participation in and shall receive
all benefits under welfare benefit plans, practices, policies and programs provided by the Company
and its affiliated companies (including, without limitation, medical, prescription, dental,
disability, salary continuance, employee life, group life, accidental death and travel accident
insurance plans and programs) to the extent applicable generally to other peer executives of the
Company and its affiliated companies, but in no event shall such plans, practices, policies and
programs provide the Executive with benefits which are less favorable, in the aggregate, than the
most favorable of such plans, practices, policies and programs in effect for the Executive at any
time during the 120-day period immediately preceding the Effective Date or, if more favorable to
the Executive, those provided generally at any time after the Effective Date to other peer
executives of the Company and its affiliated companies.

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               (v) Expenses. During the Employment Period, the Executive shall be entitled to
receive prompt reimbursement for all reasonable expenses incurred by the Executive in accordance
with the most favorable policies, practices and procedures of the Company and the affiliated
companies in effect for the Executive at any time during the 120-day period immediately preceding
the Effective Date or, if more favorable to the Executive, as in effect generally at any time
thereafter with respect to other peer executives of the Company and its affiliated companies.

               (vi) Fringe Benefits. During the Employment Period, the Executive shall be entitled
to fringe benefits, including, without limitation, tax and financial planning services, payment of
club dues, and, if applicable, use of automobile and payment of related expenses, in accordance
with the most favorable plans, practices, programs and policies of the Company and its affiliated
companies in effect for the Executive at any time during the 120-day period immediately preceding
the Effective Date or, if more favorable to the Executive, as in effect generally at any time
thereafter with respect to other peer executives of the Company and its affiliated companies.

               (vii) Office and Support Staff. During the Employment Period, the Executive shall be
entitled to an office or offices of a size and with furnishings and other appointments, and to
exclusive personal secretarial and other assistance, at least equal to the most favorable of the
foregoing provided to the Executive by the Company and its affiliated companies at any time during
the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive,
as provided generally at any time thereafter with respect to other peer executives of the Company
and its affiliated companies.

               (viii) Vacation. During the Employment Period, the Executive shall be entitled to
paid vacation in accordance with the most favorable plans, policies, programs and practices of the
Company and its affiliated companies as in effect for the Executive at any time during the 120-day
period immediately preceding the Effective Date or, if more favorable to the Executive, as in
effect generally at any time thereafter with respect to other peer executives of the Company and
its affiliated companies.

     5. Termination of Employment.

          (a) Death or Disability. The Executive’s employment shall terminate automatically
upon the Executive’s death during the Employment Period. If the Company determines in good faith
that the Disability of the Executive has occurred during the Employment Period (pursuant to the
definition of Disability set forth below), it may give to the Executive written notice in
accordance with Section 12(b) of this Agreement of its intention to terminate the Executive’s
employment. In such event, the Executive’s employment with the Company shall terminate effective
on the 30th day after receipt of such notice by the Executive (the “Disability Effective Date”),
provided that, within the 30 days after such receipt, the Executive shall not have returned to
full-time

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performance of the Executive’s duties. For purposes of this Agreement, “Disability” shall mean the
absence of the Executive from the Executive’s duties with the Company on a full-time basis for 180
consecutive business days as a result of incapacity due to mental or physical illness which is
determined to be total and permanent by a physician selected by the Company or its insurers and
acceptable to the Executive or the Executive’s legal representative (such agreement as to
acceptability not to be withheld unreasonably).

          (b) Cause. The Company may terminate the Executive’s employment during the Employment
Period for Cause. For the sole and exclusive purposes of this Agreement, “Cause” shall mean:

               (i) The willful and continued failure of the Executive to perform substantially the
Executive’s duties with the Company or one of its affiliates (other than any such failure resulting
from incapacity due to physical or mental illness), after a written demand for substantial
performance is delivered to the Executive by the Board or the Chief Executive Officer of the
Company which specifically identifies the manner in which the Board or Chief Executive Officer
believes that the Executive has not substantially performed the Executive’s duties, or

               (ii) The willful engaging by the Executive in illegal conduct or gross misconduct which is
materially and demonstrably injurious to the Company.

For purposes of this provision, no act or failure to act, on the part of the Executive, shall be
considered “willful” unless it is done, or omitted to be done, by the Executive in bad faith or
without reasonable belief that the Executive’s action or omission was in the best interests of the
Company. Any act, or failure to act, based upon authority given pursuant to a resolution duly
adopted by the Board or upon the instructions of the Chief Executive Officer or a senior officer of
the Company or based upon the advice of counsel for the Company shall be conclusively presumed to
be done, or omitted to be done, by the Executive in good faith and in the best interests of the
Company. The cessation of employment of the Executive shall not be deemed to be for Cause unless
and until there shall have been delivered to the Executive a copy of a resolution duly adopted by
the affirmative vote of not less than three-quarters of the entire membership of the Board at a
meeting of the Board called and held for such purpose (after reasonable notice is provided to the
Executive and the Executive is given an opportunity, together with counsel, to be heard before the
Board), finding that, in the good faith opinion of the Board, the Executive is guilty of the
conduct described in subparagraph (i) or (ii) above, and specifying the particulars thereof in
detail.

          (c) Good Reason. The Executive’s employment may be terminated by the Executive for
Good Reason. For the sole and exclusive purposes of this Agreement, “Good Reason” shall mean:

               (i) The assignment to the Executive of any duties inconsistent in any respect with the
Executive’s position (including status, offices, titles

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and reporting requirements), authority, duties or responsibilities as contemplated by Section 4(a)
of this Agreement, or any other action by the Company which results in a diminution in such
position, authority, duties or responsibilities, excluding for this purpose an isolated,
insubstantial and inadvertent action not taken in bad faith and which is remedied by the Company
promptly after receipt of notice thereof given by the Executive;

               (ii) Any failure by the Company to comply with any of the provisions of Section 4(b) of this
Agreement, other than an isolated, insubstantial and inadvertent failure not occurring in bad faith
and which is remedied by the Company promptly after receipt of notice thereof given by the
Executive;

               (iii) The Company’s requiring the Executive to be based at any office or location other than
as provided in Section 4(a)(i)(b) hereof or the Company’s requiring the Executive to travel on
Company business to a substantially greater extent than required immediately prior to the Effective
Date;

               (iv) Any purported termination by the Company of the Executive’s employment otherwise than as
expressly permitted by this Agreement; or

               (v) Any failure by the Company to comply with and satisfy Section 11(c) of this Agreement.

For purposes of this Section 5(c), any good faith determination of “Good Reason” made by the
Executive shall be conclusive. Anything in this Agreement to the contrary notwithstanding, a
termination by the Executive for any reason during the 30-day period immediately following the
first anniversary of the Effective Date shall be deemed to be a termination for Good Reason for all
purposes of this Agreement.

          (d) Notice of Termination. Any termination by the Company for Cause, or by the
Executive for Good Reason, shall be communicated by Notice of Termination to the other party hereto
given in accordance with Section 12(b) of this Agreement. For purposes of this Agreement, a
“Notice of Termination” means a written notice which (i) indicates the specific termination
provision in this Agreement relied upon, (ii) to the extent applicable, sets forth in reasonable
detail the facts and circumstances claimed to provide a basis for termination of the Executive’s
employment under the provision so indicated, and (iii) if the Date of Termination (as defined
below) is other than the date of receipt of such notice, specifies the termination date (which date
shall be not more than thirty days after the giving of such notice). The failure by the Executive
or the Company to set forth in the Notice of Termination any fact or circumstance which contributes
to a showing of Good Reason or Cause shall not waive any right of the Executive or the Company,
respectively, hereunder or preclude the Executive or the Company, respectively, from asserting such
fact or circumstance in enforcing the Executive’s or the Company’s rights hereunder.

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          (e) Date of Termination. “Date of Termination” means (i) if the Executive’s
employment is terminated by the Company for Cause, or by the Executive for Good Reason, the date of
receipt of the Notice of Termination or any later date specified therein, as the case may be, (ii)
if the Executive’s employment is terminated by the Company other than for Cause or Disability, the
Date of Termination shall be the date on which the Company notifies the Executive of such
termination, and (iii) if the Executive’s employment is terminated by reason of death or
Disability, the Date of Termination shall be the date of death of the Executive or the Disability
Effective Date, as the case may be.

     6. Obligations of the Company upon Termination.

          (a) Good Reason; Other Than for Cause, Death or Disability. If, during the Employment
Period, the Company shall terminate the Executive’s employment other than for Cause, death or
Disability or the Executive shall terminate employment for Good Reason:

               (i) The Company shall pay to the Executive in a lump sum in cash within 30 days after the Date
of Termination the aggregate of the following amounts:

                    [a] The sum of [i] the Executive’s Annual Base Salary through the Date of Termination to the
extent not theretofore paid, [ii] the product of (x) the higher of [A] the Recent Annual Bonus and
[B] the Annual Bonus paid or payable, including any bonus or portion thereof which has been earned
but deferred (and annualized for any fiscal year consisting of less than 12 full months or during
which the Executive was employed for less than 12 full months), for the most recently completed
fiscal year during the Employment Period, if any (such higher amount being referred to as the
“Highest Annual Bonus”) and (y) a fraction, the numerator of which is the number of days in the
current fiscal year through the Date of Termination, and the denominator of which is 365 and [iii]
any compensation previously deferred by the Executive (together with any accrued interest or
earnings thereon) and any accrued vacation pay, in each case to the extent not theretofore paid
(the sum of the amounts described in clauses [i], [ii] and [iii] shall be hereinafter referred to
as the “Accrued Obligations”); and

                    [b] The amount equal to the product of [i] three and [ii] the sum of (x) the Executive’s
Annual Base Salary and (y) the Highest Annual Bonus; and

                    [c] An amount equal to the difference between [i] the actuarial equivalent of the benefit
(utilizing actuarial assumptions no less favorable to the Executive than those in effect under the
Retirement Plan (as defined below) immediately prior to the Effective Date, except as specified
below with respect to increases in base salary and annual bonus) under the qualified defined
benefit retirement plan in which the Executive participates (the “Retirement Plan”) and any excess
or supplemental retirement plan in which the Executive participates (together, the “SERP”)

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which the Executive would receive if the Executive’s employment continued for three years after the
Date of Termination assuming for this purpose that all accrued benefits are fully vested, and,
assuming that (x) the Executive’s base salary increased in each of the three years by the amount
required by Section 4(b)(i) (in the case of Section 4-(b)(i)(y) based on increases (excluding
promotional increases) in base salary for the most recently completed fiscal year prior to the Date
of Termination) had the Executive remained employed, and (y) the Executive’s annual bonus
(annualized for any fiscal year consisting of less than twelve full months or during which the
Executive was employed for less than twelve full months) in each of the three years bears the same
proportion to the Executive’s base salary in such year or fraction thereof as it did for the last
full year prior to the Date of Termination, and [ii] the actuarial equivalent of the Executive’s
actual benefit (paid or payable), if any, under the Retirement Plan and the SERP as of the Date of
Termination;

               (ii) For three years after the Executive’s Date of Termination, or such longer period as may
be provided by the terms of the appropriate plan, program, practice or policy, the Company shall
continue benefits to the Executive and/or the Executive’s family at least equal to those which
would have been provided to them in accordance with the plans, programs, practices and policies
described in Section 4(b)(iv) of this Agreement if the Executive’s employment had not been
terminated in accordance with the most favorable plans, practices, programs or policies of the
Company and its affiliated companies applicable generally to other peer executives and their
families during the 120-day period immediately preceding the Effective Date or, if more favorable
to the Executive, as in effect generally at any time thereafter with respect to other peer
executives of the Company and its affiliated companies and their families, provided, however, that
if the Executive becomes reemployed with another employer and is eligible to receive medical or
other welfare benefits under another employer provided plan, the medical and other welfare benefits
described herein shall be secondary to those provided under such other plan during such applicable
period of eligibility. For purposes of determining eligibility (but not the time of commencement
of benefits) of the Executive for retiree benefits pursuant to such plans, practices, programs and
policies, the Executive shall be considered to have remained employed until two and one-half years
after the Date of Termination and to have retired on the last day of such period;

               (iii) The Company shall, at its sole expense as incurred, provide the Executive with
outplacement services the scope and provider of which shall be selected by the Executive in his
sole discretion; and

               (iv) To the extent not theretofore paid or provided, the Company shall timely pay or provide
to the Executive any other amounts or benefits required to be paid or provided or which the
Executive is eligible to receive under any plan, program, policy or practice or contract or
agreement of the Company and its affiliated companies (such other amounts and benefits shall be
hereinafter referred to as the “Other Benefits”).

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          (b) Death. If the Executive’s employment is terminated by reason of the Executive’s
death during the Employment Period, this Agreement shall terminate without further obligations to
the Executive’s legal representatives under this Agreement, other than for payment of Accrued
Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be
paid to the Executive’s estate or beneficiary, as applicable, in a lump sum in cash within 30 days
of the Date of Termination. With respect to the provision of Other Benefits, the term Other
Benefits as utilized in this Section 6(b) shall include, without limitation, and the Executives
estate and/or beneficiaries shall be entitled to receive, benefits at least equal to the most
favorable benefits provided by the Company and affiliated companies to the estates and
beneficiaries of peer executives of the Company and such affiliated companies under such plans,
programs, practices and policies relating to death benefits, if any, as in effect with respect to
other peer executives and their beneficiaries at any time during the 120-day period immediately
preceding the Effective Date or, if more favorable to the Executive’s estate and/or the Executive’s
beneficiaries, as in effect on the date of the Executive’s death with respect to other peer
executives of the Company and its affiliated companies and their beneficiaries.

          (c) Disability. If the Executive’s employment is terminated by reason of the
Executive’s Disability during the Employment Period, this Agreement shall terminate without further
obligations to the Executive, other than for payment of Accrued Obligations and the timely payment
or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum
in cash within 30 days of the Date of Termination. With respect to the provision of Other
Benefits, the term Other Benefits as utilized in this Section 6(c) shall include, and the Executive
shall be entitled after the Disability Effective Date to receive, disability and other benefits at
least equal to the most favorable of those generally provided by the Company and its affiliated
companies to disabled executives and/or their families in accordance with such plans, programs,
practices and policies relating to disability, if any, as in effect generally with respect to other
peer executives and their families at any time during the 120-day period immediately preceding the
Effective Date or, if more favorable to the Executive and/or the Executive’s family, as in effect
at any time thereafter generally with respect to other peer executives of the Company and its
affiliated companies and their families.

          (d) Cause; Other than for Good Reason. If the Executive’s employment shall be
terminated for Cause during the Employment Period, this Agreement shall terminate without further
obligations to the Executive other than the obligation to pay to the Executive (i) his Annual Base
Salary through the Date of Termination, (ii) the amount of any compensation previously deferred by
the Executive, and (iii) Other Benefits, in each case to the extent theretofore unpaid. If the
Executive voluntarily terminates employment during the Employment Period, excluding a termination
for Good Reason, this Agreement shall terminate without further obligations to the Executive, other
than for Accrued Obligations and the timely payment or provision of Other Benefits. In such case,
all Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the
Date of Termination.

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     7. Nonexclusivity of Rights. Nothing in this Agreement shall prevent or limit the
Executive’s continuing or future participation in any plan, program, policy or practice provided by
the Company or any of its affiliated companies and for which the Executive may qualify, nor shall
anything herein limit or otherwise affect such rights as the Executive may have under any contract
or agreement with the Company or any of its affiliated companies. Amounts which are vested
benefits or which the Executive is otherwise entitled to receive under any plan, policy, practice
or program of or any contract or agreement with the Company or any of its affiliated companies at
or subsequent to the Date of Termination shall be payable in accordance with such plan, policy,
practice or program or contract or agreement except as explicitly modified by this Agreement.

     8. Full Settlement. The Company’s obligation to make the payments provided for in
this Agreement and otherwise to perform its obligations hereunder shall not be affected by any
set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may
have against the Executive or others. In no event shall the Executive be obligated to seek other
employment or take any other action by way of mitigation of the amounts payable to the Executive
under any of the provisions of this Agreement and such amounts shall not be reduced whether or not
the Executive obtains other employment. The Company agrees to pay as incurred, to the full extent
permitted by law, all legal fees and expenses which the Executive may reasonably incur as a result
of any contest (regardless of the outcome thereof) by the Company, the Executive or others of the
validity or enforceability of, or liability under, any provision of this Agreement or any guarantee
of performance thereof (including as a result of any contest by the Executive about the amount of
any payment pursuant to this Agreement), plus in each case interest on any delayed payment at the
applicable Federal rate provided for in Section 7872(f)(2)(A) of the Internal Revenue Code of 1986,
as amended (the “Code”).

     9. Certain Additional Payments by the Company.

          (a) Anything in this Agreement to the contrary notwithstanding, in the event it shall be
determined that any payment or distribution by the Company to or for the benefit of the Executive
(whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or
otherwise, but determined without regard to any additional payments required under this Section 9)
(a “Payment”) would be subject to the excise tax imposed by Section 4999 of the Code or any
interest or penalties are incurred by the Executive with respect to such excise tax (such excise
tax, together with any such interest and penalties, are hereinafter collectively referred to as the
“Excise Tax”), then the Executive shall be entitled to receive an additional payment (a “Gross-Up
Payment”) in an amount such that after payment by the Executive of all taxes (including any
interest or penalties imposed with respect to such taxes), including, without limitation, any
income taxes (and any interest and penalties imposed with respect thereto) and Excise Tax imposed
upon the Gross-Up Payment, the Executive retains an amount of the Gross-Up Payment equal to the
Excise Tax imposed upon the Payments.

12

 

          (b) Subject to the provisions of Section 9(c), all determinations required to be made under
this Section 9, including whether and when a Gross-Up Payment is required and the amount of such
Gross-Up Payment and the assumptions to be utilized in arriving at such determination, shall be
made by Arthur Andersen & Co. or such other certified public accounting firm as may be designated
by the Executive (the “Accounting Firm”) which shall provide detailed supporting calculations both
to the Company and the Executive within 15 business days of the receipt of notice from the
Executive that there has been a Payment, or such earlier time as is requested by the Company. In
the event that the Accounting Firm is serving as accountant or auditor for the individual, entity
or group effecting the Change of Control, the Executive shall appoint another nationally recognized
accounting firm to make the determinations required hereunder (which accounting firm shall then be
referred to as the Accounting Firm hereunder). All fees and expenses of the Accounting Firm shall
be borne solely by the Company. Any Gross-Up Payment, as determined pursuant to this Section 9,
shall be paid by the Company to the Executive within five days of the receipt of the Accounting
Firm’s determination. If the Accounting Firm determines that no Excise Tax is payable by the
Executive, it shall furnish the Executive with a written opinion that failure to report the Excise
Tax on the Executive’s applicable federal income tax return would not result in the imposition of a
negligence or similar penalty. Any determination by the Accounting Firm shall be binding upon the
Company and the Executive. As a result of the uncertainty in the application of Section 4999 of
the Code at the time of the initial determination by the Accounting Firm hereunder, it is possible
that Gross-Up Payments which will not have been made by the Company should have been made
(“Underpayment”), consistent with the calculations required to be made hereunder. In the event
that the Company exhausts its remedies pursuant to Section 9(c) and the Executive thereafter is
required to make a payment of any Excise Tax, the Accounting Firm shall determine the amount of the
Underpayment that has occurred and any such Underpayment shall be promptly paid by the Company to
or for the benefit of the Executive.

          (c) The Executive shall notify the Company in writing of any claim by the Internal Revenue
Service that, if successful, would require the payment by the Company of the Gross-Up Payment.
Such notification shall be given as soon as practicable but no later than ten business days after
the Executive is informed in writing of such claim and shall apprise the Company of the nature of
such claim and the date on which such claim is requested to be paid. The Executive shall not pay
such claim prior to the expiration of the 30-day period following the date on which it gives such
notice to the Company (or such shorter period ending on the date that any payment of taxes with
respect to such claim is due). If the Company notifies the Executive in writing prior to the
expiration of such period that it desires to contest such claim, the Executive shall:

               (i) Give the Company any information reasonably requested by the Company relating to such
claim,

               (ii) Take such action in connection with contesting such claim as the Company shall reasonably
request in writing from time to time, including,

13

 

without limitation, accepting legal representation with respect to such claim by an attorney
reasonably selected by the Company,

               (iii) Cooperate with the Company in good faith in order effectively to contest such claim, and

               (iv) Permit the Company to participate in any proceedings relating to such claim; provided,
however, that the Company shall bear and pay directly all costs and expenses (including additional
interest and penalties) incurred in connection with such contest and shall indemnify and hold the
Executive harmless, on an after-tax basis, for any Excise Tax or income tax (including interest and
penalties with respect thereto) imposed as a result of such representation and payment of costs and
expenses. Without limitation on the foregoing provisions of this Section 9(c), the Company shall
control all proceedings taken in connection with such contest and, at its sole option, may pursue
or forgo any and all administrative appeals, proceedings, hearings and conferences with the taxing
authority in respect of such claim and may, at its sole option, either direct the Executive to pay
the tax claimed and sue for a refund or contest the claim in any permissible manner, and the
Executive agrees to prosecute such contest to a determination before any administrative tribunal,
in a court of initial jurisdiction and in one or more appellate courts, as the Company shall
determine; provided, however, that if the Company directs the Executive to pay such claim and sue
for a refund, the Company shall advance the amount of such payment to the Executive, on an
interest-free basis and shall indemnify and hold the Executive harmless, on an after-tax basis,
from any Excise Tax or income tax (including interest or penalties with respect thereto) imposed
with respect to such advance or with respect to any imputed income with respect to such advance;
and further provided that any extension of the statute of limitations relating to payment of taxes
for the taxable year of the Executive with respect to which such contested amount is claimed to be
due is limited solely to such contested amount. Furthermore, the Company’s control of the contest
shall be limited to issues with respect to which a Gross-Up Payment would be payable hereunder and
the Executive shall be entitled to settle or contest, as the case may be, any other issue raised by
the Internal Revenue Service or any other taxing authority.

          (d) If, after the receipt by the Executive of an amount advanced by the Company pursuant to
Section 9(c), the Executive becomes entitled to receive any refund with respect to such claim, the
Executive shall (subject to the Company’s complying with the requirements of Section 9(c)) promptly
pay to the Company the amount of such refund (together with any interest paid or credited thereon
after taxes applicable thereto). If, after the receipt by the Executive of an amount advanced by
the Company pursuant to Section 9(c), a determination is made that the Executive shall not be
entitled to any refund with respect to such claim and the Company does not notify the Executive in
writing of its intent to contest such denial of refund prior to the expiration of 30 days after
such determination, then such advance shall be forgiven and shall not be required to be repaid and
the amount of such advance shall offset, to the extent thereof, the amount of Gross-Up Payment
required to be paid.

14

 

     10. Confidential Information. The Executive shall hold in a fiduciary capacity for
the benefit of the Company all secret or confidential information, knowledge or data relating to
the Company or any of its affiliated companies, and their respective businesses, which shall have
been obtained by the Executive during the Executive’s employment by the Company or any of its
affiliated companies and which shall not be or become public knowledge (other than by acts by the
Executive or representatives of the Executive in violation of this Agreement). After termination
of the Executive’s employment with the Company, the Executive shall not, without the prior written
consent of the Company or as may otherwise be required by law or legal process, communicate or
divulge any such information, knowledge or data to anyone other than the Company and those
designated by it. In no event shall an asserted violation of the provisions of this Section 10
constitute a basis for deferring or withholding any amounts otherwise payable to the Executive
under this Agreement.

     11. Successors.

          (a) This Agreement is personal to the Executive and without the prior written consent of the
Company shall not be assignable by the Executive otherwise than by will or the laws of descent and
distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive’s
legal representatives.

          (b) This Agreement shall inure to the benefit of and be binding upon the Company and its
successors and assigns.

          (c) The Company will require any successor (whether direct or indirect, by purchase, merger,
consolidation or otherwise) to all or substantially all of the business and/or assets of the
Company to assume expressly and agree to perform this Agreement in the same manner and to the same
extent that the Company would be required to perform it if no such succession had taken place. As
used in this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor
to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by
operation of law, or otherwise.

     12. Miscellaneous.

          (a) This Agreement shall be governed by and construed in accordance with the laws of the State
of Wisconsin, without reference to principles of conflict of laws. The captions of this Agreement
are not part of the provisions hereof and shall have no force or effect. This Agreement may not be
amended or modified otherwise than by a written agreement executed by the parties hereto or their
respective successors and legal representatives.

15

 

          (b) All notices and other communications hereunder shall be in writing and shall be given by
hand delivery to the other party or by registered or certified mail, return receipt requested,
postage prepaid, addressed as follows:

If to the Executive, to his address appearing on the records of the Company.

If to the Company:

STRATTEC SECURITY CORPORATION

3333 West Good Hope Road

Milwaukee, WI 53209

Attn: Chairman and Chief Executive Officer

or to such other address as either party shall have furnished to the other in writing in accordance
herewith. Notice and communications shall be effective when actually received by the addressee.

          (c) The invalidity or unenforceability of any provision of this Agreement shall not affect the
validity or enforceability of any other provision of this Agreement.

          (d) The Company may withhold from any amounts payable under this Agreement such Federal,
state, local or foreign taxes as shall be required to be withheld pursuant to any applicable law or
regulation.

          (e) The Executive’s or the Company’s failure to insist upon strict compliance with any
provision hereof or any other provision of this Agreement or the failure to assert any right the
Executive or the Company may have hereunder, including, without limitation, the right of the
Executive to terminate employment for Good Reason pursuant to Section 5(c)(i)-(v) of this
Agreement, shall not be deemed to be a waiver of such provision or right or any other provision or
right of this Agreement.

          (f) The Executive and the Company acknowledge that, except as may otherwise be provided under
any other written agreement between the Executive and the Company, the employment of the Executive
by the Company is “at will” and, prior to the Effective Date, the Executive’s employment and this
Agreement may be terminated by either the Executive or the Company at any time prior to the
Effective Date, in which case the Executive shall have no further rights under this Agreement.
From and after the Effective Date this Agreement shall supersede any other agreement between the
parties with respect to the subject matter hereof.

16

 

     IN WITNESS WHEREOF, the Executive has hereunto set the Executive’s hand and, pursuant to the
authorization from its Board of Directors, the Company has caused these presents to be executed in
its name on its behalf, all as of the day and year first above written.

	 	 	 	 	 
	 	 	 
	 	                                              /s/ Richard Messina
 	 
	 	Richard Messina 	 
	 	 	 
	 
	 	STRATTEC SECURITY CORPORATION

 	 
	 	BY 	 /s/ Harold M. Stratton II
 	 
	 	 	Harold M. Stratton, II, 	 
	 	 	Chairman of the Board

and Chief Executive Officer 	 
	 

17exv10w1

Exhibit 10.1

FOURTH AMENDMENT TO CREDIT AGREEMENT AND AMENDMENT TO

COLLATERAL AGENCY AND SHARING AGREEMENT

     THIS FOURTH AMENDMENT TO CREDIT AGREEMENT AND AMENDMENT TO COLLATERAL AGENCY AND SHARING
AGREEMENT (the “Amendment”), dated as of August 27, 2009, is made by and among ARCH COAL, INC., a
Delaware corporation (the “Borrower”), the GUARANTORS (as defined in the Credit Agreement), the
BANKS party to the Credit Agreement (as hereinafter defined), CITICORP USA, INC., JPMORGAN CHASE
BANK, N.A. and WACHOVIA BANK, NATIONAL ASSOCIATION, each in its capacity as co-syndication agent,
and BANK OF AMERICA, N.A. (successor by merger to FLEET NATIONAL BANK), as documentation agent, and
PNC BANK, NATIONAL ASSOCIATION, in its capacity as administrative agent for the Banks.

     WHEREAS, the parties hereto are parties to that certain Credit Agreement dated as of December
22, 2004, as amended by that certain First Amendment to Credit Agreement dated as of June 23, 2006,
as amended by that certain Second Amendment to Credit Agreement dated as of October 3, 2006 and as
amended by that certain Third Amendment to Credit Agreement dated as of March 6, 2009 (as so
amended, the “Credit Agreement”), pursuant to which the Banks provided a $800,000,000 revolving
credit facility to the Borrower; and

     WHEREAS, the Borrower desires to have certain Banks extend the Expiration Date of their
Revolving Credit Commitments and/or join new Banks to the Credit Agreement, amend certain financial
covenants and amend the Collateral Agency and Sharing Agreement.

     WHEREAS, the Borrower, the Banks and the Administrative Agent desire to amend the Credit
Agreement as hereinafter provided.

     NOW, THEREFORE, the parties hereto, in consideration of their mutual covenants and agreements
hereinafter set forth and intending to be legally bound hereby, covenant and agree as follows:

     1. Definitions.

     Capitalized terms used herein unless otherwise defined herein shall have the meanings ascribed
to them in the Credit Agreement, as amended by this Amendment.

     2. Amendments to Credit Agreement.

     (a) The following definitions contained in Section 1.1 (Certain Definitions) of the Credit
Agreement shall be amended and restated in its entirety:

          “Bank-Provided Commodity Hedge shall mean a Commodity Hedge which is provided by any
Bank or an Affiliate of any Bank and which meets the following requirements: such Commodity Hedge
(i) is documented in a standard International Swap Dealer Association Agreement or such other
standard trading documentation, (ii) provides for the method of calculating the reimbursable amount
of the provider’s credit exposure in a reasonable and customary manner, and (iii) is entered into
for hedging purposes.”

 

 

     “Corporate Credit Rating shall mean (a) the “Corporate Family Rating” by
Moody’s and (b) the “Corporate Credit Rating” by Standard & Poor’s, as such terms are
commonly used as a rating category by each rating agency.”

     “Expiration Date shall mean (a) with respect to all Non-Extending Revolving
Credit Commitments, June 23, 2011 (the “Non-Extended Expiration Date”) and (b) with respect
to all Extending Revolving Credit Commitments, March 31, 2013 (the “Extended Expiration
Date”).”

     “Interest Period shall mean the period of time selected by the Borrower in
connection with (and to apply to) any election permitted hereunder by the Borrower to have
Revolving Credit Loans bear interest under the Euro-Rate Option. Subject to the last
sentence of this definition, such period shall be one, two, three or six Months. Such
Interest Period shall commence on the effective date of such Interest Rate Option, which
shall be (i) the Borrowing Date if the Borrower is requesting new Revolving Credit Loans, or
(ii) the date of renewal of or conversion to the Euro-Rate Option if the Borrower is
renewing or converting to the Euro-Rate Option applicable to outstanding Revolving Credit
Loans. Notwithstanding the second sentence hereof: (A) any Interest Period which would
otherwise end on a date which is not a Business Day shall be extended to the next succeeding
Business Day unless such Business Day falls in the next calendar month, in which case such
Interest Period shall end on the next preceding Business Day, (B) the Borrower shall not
select, convert to or renew an Interest Period which commences prior to the Non-Extended
Expiration Date and ends after the Non-Extended Expiration Date, and (C) the Borrower shall
not select, convert to or renew an Interest Period that would end after the Extended
Expiration Date.”

     “Revolving Credit Commitment shall mean, as to any Bank at any time, the
Non-Extending Revolving Credit Commitment or Extending Revolving Credit Commitment, as
applicable, in the amount initially set forth opposite its name on Schedule 1.1 (B)
in the column labeled ‘Amount of Commitment for Revolving Credit Loans,’ and thereafter as
determined by the Administrative Agent after giving effect to each applicable Bank Joinder
and Assignment and Assumption Agreement executed by such Bank and delivered to the
Administrative Agent, and Revolving Credit Commitments shall mean the aggregate
Revolving Credit Commitments of all of the Banks, which aggregate amount shall not exceed
$860,000,000 as of the Fourth Amendment Effective Date.”

     (b) Section 1.1 [Certain Definitions] of the Credit Agreement is hereby amended to insert
therein, in alphabetical order, the following new definitions:

     “Extended Expiration Date shall have the meaning set forth in the definition of
“Expiration Date”.”

     “Extending Revolving Credit Commitment Utilization Fee shall have the meaning
set forth in Section 2.3.2 [Extending Revolving Credit Commitment Utilization Fee].”

     “Extending Revolving Credit Commitment Unused Fee shall have the meaning set
forth in Section 2.3.3 [Extending Revolving Credit Commitment Unused Fee].”

 

 

     “Extending Bank shall mean each Bank who is designated as having an “Extending
Revolving Credit Commitment” on Schedule 1.1 (B) of this Agreement.”

     “Extending Revolving Credit Commitment shall mean the Extending Revolving
Credit Commitment of each Extending Bank as indicated on Schedule 1.1 (B) of this
Agreement and Extending Revolving Credit Commitments shall mean the Extending Revolving
Credit Commitments of all of the Extending Banks.”

     “Fourth Amendment shall mean that certain Fourth Amendment to Credit Agreement
and Amendment to Collateral Agency and Sharing Agreement, dated as of August 27, 2009, among
the Borrower, the Guarantors, the Banks, the Administrative Agent and the other Agents.”

     “Fourth Amendment Effective Date shall mean the effective date of the Fourth
Amendment, which date is August 27, 2009.”

     “Non-Extended Expiration Date shall have the meaning set forth in the
definition of “Expiration Date”.”

     “Non-Extending Revolving Credit Commitments shall mean all Revolving Credit
Commitments other than Extending Revolving Credit Commitments.”

     (c) Article 2 [Revolving Credit and Swing Loan Facilities] of the Credit Agreement is hereby
amended as follows:

          (i) Section 2.3 [Fees; Commitment Fees] is hereby amended as follows:

     (A) The title to Section 2.3 shall be amended from “Fees, Commitment
Fees” to “Fees”;

     (B) The entire paragraph currently constituting Section 2.3 shall be identified
as “2.3.1 Commitment Fees”;

     (C) The following subsections shall be inserted into Section 2.3 immediately
after the end thereof:

     “2.3.2 Extending Revolving Credit Commitment Utilization Fee.

     Accruing from the Fourth Amendment Effective Date until the Extended Expiration Date,
the Borrower agrees to pay to the Administrative Agent for the account of each Extending
Bank, as consideration for such Extending Bank’s Extending Revolving Credit Commitment
hereunder, a nonrefundable extending revolving credit commitment utilization fee (the
“Extending Revolving Credit Commitment Utilization Fee”) equal to the applicable
rate per annum set forth below on the average daily balance of such Extending Bank’s
outstanding Loans and Letters of Credit Outstanding.

 

 

	 	 	 	 	 
	Leverage Ratio and Corporate Credit Rating	 	Applicable Percentage
	If (i) the Leverage Ratio is less than or equal
to 4.00 to 1.00 and (ii) the Borrower’s
Corporate Credit Rating from (a) Standard &
Poor’s is BB- or higher and (b) Moody’s is Ba3
or higher.
	 	 	0.50	%
	 
	 	 	 	 
	If (i) the Leverage Ratio is greater than 4.00
to 1.00 and (ii) the Borrower’s Corporate
Credit Rating from (a) Standard & Poor’s is BB-
or higher and (b) Moody’s is Ba3 or higher.
	 	 	0.75	%
	 
	 	 	 	 
	If (i) the Leverage Ratio is less than or equal
to 4.00 to 1.00 and (ii) the Borrower’s
Corporate Credit Rating from (a) Standard &
Poor’s is lower than BB- or (b) Moody’s is
lower than Ba3.
	 	 	1.00	%
	 
	 	 	 	 
	If (i) the Leverage Ratio is greater than 4.00
to 1.00 and (ii) the Borrower’s Corporate
Credit Rating from (a) Standard & Poor’s is
lower than BB- or (b) Moody’s is lower than
Ba3.
	 	 	1.25	%

     All Extending Revolving Credit Commitment Utilization Fees shall be payable in arrears
on the first Business Day of each July, October, January and April after the Fourth
Amendment Effective Date and on the Extended Expiration Date or upon acceleration of the
Loans. It is expressly agreed that commencing on the date immediately after the date of the
delivery of the financial statements and related Compliance Certificate as required pursuant
to Section 7.3.3 [Certificate of the Borrower] hereof, the Extending Revolving Credit
Commitment Utilization Fee shall be determined based upon the applicable Leverage Ratio
recomputed as of the end of each fiscal quarter based on the Leverage Ratio as of such
quarter end and on the Corporate Credit Ratings as updated from time to time. Any increase
or decrease in the Extending Revolving Credit Commitment Utilization Fee computed as of a
quarter end shall be effective on the earlier of (i) the date on which the Compliance
Certificate evidencing such computation is due to be delivered under Section 7.3.3
[Certificate of Borrower], together with the financial statements related thereto required
to be delivered pursuant to Section 7.3.1 [Quarterly Financial Statements] or Section 7.3.2
[Annual Financial Statements], as the case may be or (2) the date on which the Corporate
Credit Rating of the Borrower is updated; provided, however; if the Borrower
shall fail to timely deliver the financial statements required to be delivered pursuant to
Section 7.3.1 [Quarterly Financial Statements] or 7.3.2 [Annual Financial Statements], as
the case may be, together with the duly executed Compliance Certificate required by Section
7.3.3 [Certificate of the Borrower], the Leverage Ratio for such date from and including the
date on which such statements are required to be delivered until the date on which such
financial statements

 

 

     and related Compliance Certificate are delivered shall be deemed to be greater than
4.00 to 1.00.

     2.3.3 Extending Revolving Credit Commitment Unused Fee.

     Accruing from the Fourth Amendment Effective Date until the Extended Expiration Date,
the Borrower agrees to pay to the Administrative Agent for the account of each Extending
Bank, as consideration for such Extending Bank’s Extending Revolving Credit Commitment
hereunder, a nonrefundable Extending Revolving Credit Commitment unused fee (the
“Extending Revolving Credit Commitment Unused Fee”) equal to the applicable rate per
annum set forth below on the average daily difference between the amount of (i) such
Extending Bank’s Extending Revolving Credit Commitment as the same may be constituted from
time to time, and (ii) the sum of such Extending Bank’s Loans outstanding plus its Revolving
Credit Ratable Share of the Letters of Credit Outstanding.

	 	 	 	 	 
	Corporate Credit Rating	 	Applicable Percentage
	If the Borrower’s Corporate Credit Rating from
(i)Standard & Poor’s is BB- or greater and (ii)
Moody’s is Ba3 or greater.
	 	 	0.125	%
	 
	 	 	 	 
	If the Borrower’s Corporate Credit Rating from
(i)Standard & Poor’s is less than BB- or (ii)
Moody’s is less than Ba3.
	 	 	0.25	%

     All Extending Revolving Credit Commitment Unused Fees shall be payable in arrears on
the first Business Day of each July, October, January and April after the date hereof and on
the Expiration Date or upon acceleration of the Loans.”

          (ii) Clause (B) of the first paragraph of Section 2.9.1 [Issuance of Letters of Credit] is
hereby amended and restated in its entirely to read as follows:

     “(B) in no event expire later than ten (10) Business Days prior to the Extended
Expiration Date and provided that in no event shall (i) the Letters of Credit
Outstanding with respect to all Letters of Credit exceed, at any one time, $700,000,000,
(ii) after giving effect to all such Letters of Credit, the Revolving Facility Usage exceed
the Revolving Credit Commitments, or (iii) the Letters of Credit Outstanding with respect to
all Letters of Credit having an expiration date on or after the Non-Extended Expiration
Date, exceed, at any time the Extending Revolving Credit Commitments.”

          (iii) Section 2.10 [Right to Increase Commitments] is hereby amended and restated in its
entirely to read as follows:

     “2.10 Right to Increase Commitments.

     Provided that there is no Event of Default or Potential Default, if on or after the
Non-Extended Expiration Date, the Borrower wishes to increase the Revolving Credit

 

 

     Commitments, the Borrower shall notify the Administrative Agent thereof, provided that
any such increase shall be in a minimum of $10,000,000 and, after giving effect to such
increase, the aggregate of all Revolving Credit Commitments shall not exceed $800,000,000.
The increased commitments shall be available to Banks and to any additional bank proposed by
the Borrower, which is approved by the Administrative Agent (which approval shall not be
unreasonably withheld) and allocated in such a manner as the Borrower, the Administrative
Agent and those increasing Banks and new banks shall agree, provided, however, that each new
bank shall become a party to this Agreement pursuant to Section 10.11 [Successors and
Assigns]. In the event of any such increase in the aggregate Revolving Credit Commitments
effected pursuant to the terms of this Section 2.10, new Revolving Credit Notes shall, to
the extent necessary, be executed and delivered by the Borrower in exchange for the
surrender of the existing Revolving Credit Notes. Without limiting the generality of
Section 7.1.12 [Collateral; Further Assurances], in the event the Borrower exercises its
rights under this Section 2.10, the Borrower shall and shall cause each Loan Party, at its
expense and within ninety (90) days following the date of the increase of the Revolving
Credit Commitments, to execute, deliver and record amendments to each Mortgage (with such
amendments to be in form and substance reasonably satisfactory to the Administrative Agent),
to reflect any such increase in the Revolving Credit Commitments as required by applicable
Law or as the Administrative Agent, in its reasonable discretion, may require.”

          (iv) The following new Section 2.11 shall be inserted in Article 2 in numeric order:

     “2.11 Extending Revolving Credit Commitments; Effect on Revolving Credit
Commitments.

     2.11.1 Conversion of Revolving Credit Commitments By Certain Banks. With
respect to each Bank having a Revolving Credit Commitment as of the Fourth Amendment
Effective Date and electing to convert its Revolving Credit Commitment into an Extending
Revolving Credit Commitment as set forth on Schedule 1.1 (B), such Extending
Bank (by its signature to the Fourth Amendment) agrees to convert all of its Revolving
Credit Commitments into Extending Revolving Credit Commitments and commencing with the
Fourth Amendment Effective Date through the Extended Expiration Date shall make
Revolving Credit Loans to the Borrower in accordance with Article 2 [Revolving Credit
And Swing Loan Facilities] of this Agreement, subject to the terms and conditions of
this Agreement.

     2.11.2 New Banks Issuing Extending Revolving Credit Commitments. With
respect to each financial institution desiring to join into the Credit Agreement and
issue an Extending Revolving Credit Commitment, such financial institution shall be
approved by the Administrative Agent (which approval shall not be unreasonably withheld)
and shall execute a joinder (acceptable to the Administrative Agent) and also execute
this Fourth Amendment agreeing to make Revolving Credit Loans to the Borrower up to its
Extending Revolving Credit Commitment (as indicated on Schedule 1.1 (B) to this
Agreement) commencing with the Fourth Amendment Effective Date through the Extended
Expiration Date in accordance with Article 2

 

 

     [Revolving Credit And Swing Loan Facilities] of this Agreement, subject to the
terms and conditions of this Agreement.

     2.11.3 Establishing Extending and Non-Extending Revolving Credit
Commitments. Schedule 1.1 (B) to the Agreement shall be amended and
restated by replacing it with Schedule 1.1 (B) to the Fourth Amendment.
Schedule 1.1 (B) reflects, as of the Fourth Amendment Effective Date after giving effect
to the Fourth Amendment, (i) the Revolving Credit Commitment of each Bank , (ii) the
aggregate amount of the Commitments, (iii) whether each Commitment is an Extending
Revolving Credit Commitment or Non-Extending Revolving Credit Commitment, and (iv) the
percentage of the total Commitments held by each Bank. Each Bank executing the Fourth
Amendment acknowledges and confirms and agrees to its Revolving Credit Commitment as set
forth on Schedule 1.1 (B), including whether such Revolving Credit Commitment is
an Extending Revolving Credit Commitment or Non-Extending Revolving Credit Commitment.
For the avoidance of doubt, the parties acknowledge that the Revolving Credit Commitment
of each Bank having a Revolving Credit Commitment, but not agreeing to make an Extending
Revolving Credit Commitment, shall continue in effect as a Non-Extending Revolving
Credit Commitment, and in the identical amount, subsequent to the Fourth Amendment
Effective Date.

     2.11.4 Repayment of Outstanding Loans; Borrowing of New Loans.

     (1) On the Fourth Amendment Effective Date, the Borrower shall repay all
Revolving Credit Loans outstanding on such date, subject to the Borrower’s indemnity
obligations under Section 4.5.2 [Indemnity]; provided that it may borrow new
Revolving Credit Loans as provided in Section 2.1.1 [Revolving Credit Loans] with a
Borrowing Date on the Fourth Amendment Effective Date. Each of the Banks shall
participate in any new Revolving Credit Loans made on or after the Fourth Amendment
Effective Date in accordance with their respective Revolving Credit Ratable Shares
as set forth on Schedule 1.1 (B); and

     (2) On the Non-Extended Expiration Date, the Borrower shall repay all Revolving
Credit Loans outstanding on such date, together with any interest and fees
(including any and all Commitment Fees which have accrued on or before the Fourth
Amendment Effective Date, which fees shall be due and payable on the Fourth
Amendment Effective Date) associated therewith which are due and payable, subject to
the Borrower’s indemnity obligations under Section 4.5.2 [Indemnity]; provided that
the Borrower may borrow Revolving Credit Loans from the Extending Banks and each of
the Extending Banks shall participate in any such Revolving Credit Loans made on or
after the Non-Extended Expiration Date in accordance with their respective Revolving
Credit Ratable Shares as in effect after giving effect to expiration of the
Non-Extending Revolving Credit Commitments.”

 

 

     2.11.5 Outstanding Letters of Credit.

     (1) On the Fourth Amendment Effective Date, each Bank: (a) will be deemed to
have purchased a participation in each then outstanding Letter of Credit equal to
its Revolving Credit Ratable Share of each such Letter of Credit and the
participation of each other Bank in each such Letter of Credit shall be adjusted
accordingly and (b) will acquire, (and will pay to the Administrative Agent, for the
account of each Bank, in immediately available funds, an amount equal to) its
Revolving Credit Ratable Share of all outstanding Participation Advances after
giving effect to any changes in the Revolving Credit Ratable Share as a result of
any change in the Revolving Credit Commitments in connection with the Fourth
Amendment; and

     (2) On the Non-Extended Expiration Date, each Extending Bank: (a) will be
deemed to have purchased a participation in each then outstanding Letter of Credit
equal to its Revolving Credit Ratable Share of each such Letter of Credit and the
participation of each other Extending Bank in each such Letter of Credit shall be
adjusted accordingly and (b) will acquire, (and will pay to the Administrative
Agent, for the account of each Extending Bank, in immediately available funds, an
amount equal to) its Revolving Credit Ratable Share of all outstanding Participation
Advances as in effect after giving effect to expiration of the Non-Extending
Revolving Credit Commitments; provided however, in no event shall the Extending
Banks’ outstanding Participation Advances exceed the Extending Revolving Credit
Commitments.”

     (d) Section 4.4.5 [Mandatory Reduction of Commitments] is hereby amended as follows:

     (A) The entire paragraph currently constituting Section 4.4.5 shall be
identified as subsection (A) of Section 4.4.5.

     (B) The following new subsection (B) shall be inserted immediately after the
end Section 4.4.5(A):

          “B. Commencing on the Non-Extended Expiration Date the Revolving Credit Commitments
shall be reduced to an amount equal to the aggregate amount of the Extending Revolving
Credit Commitments as adjusted to reflect the exercise by the Borrower of its rights under
Section 2.10 [Right to Increase Commitments]. On the Non-Extended Expiration Date the
Borrower shall repay all Revolving Credit Loans outstanding on such date, together with any
interest and fees associated therewith which are due and payable, subject to the Borrower’s
indemnity obligations under Section 4.5.2 [Indemnity]; provided that the Borrower may borrow
Revolving Credit Loans from the Extending Banks and each of the Extending Banks shall
participate in any such Revolving Credit Loans made on or after the Non-Extended Expiration
Date in accordance with their respective Revolving Credit Ratable Shares as in effect after
giving effect to expiration of the Non-Extending Revolving Credit Commitments.”

 

 

     (e) Section 7.2.10 [Maximum Leverage Ratio] of the Credit Agreement is hereby amended and
restated in its entirely to read as follows:

     “7.2.10 Maximum Leverage Ratio.

     The Borrower shall not at any time permit the Leverage Ratio to exceed the ratio
set forth below for the periods specified below:

	 	 	 
	Period	 	Ratio
	the Fourth Amendment Effective Date through December 31, 2010

	 	4.50 to 1.00
	January 1, 2011 through December 31, 2011

	 	4.25 to 1.00
	Thereafter

	 	4.00 to 1.00”

     (f) Commitments of Banks and Addresses for Notices. Schedule 1.1 (B) —
Commitments of Banks and Addresses for Notices of the Credit Agreement is hereby amended and
restated in its entirety as set forth on the schedule titled as Schedule 1.1 (B) —
Commitments of Banks and Addresses for Notices attached hereto.

     3. Amendment to Collateral Agency and Sharing Agreement.

     (a) From and after the Fourth Amendment Effective Date, the definition of “Swap Obligations”
contained in Section 1.1 of the Collateral Agency and Sharing Agreement is hereby amended by
replacing the word “Arch” in such definition with the phrase “any Loan Party”.

     (b) From and after the Fourth Amendment Effective Date, Section 2.2 (a) of the Collateral
Agency and Sharing Agreement is hereby amended and restated in its entirely to read as follows:

          “(a) Generally. A Bank-Provided Interest Rate Hedge entered into by Arch or a
Commodity Hedge entered into by the Loan Parties shall constitute a “Swap Agreement” entitled to
the benefit of this Agreement and the counterparty to such agreement shall constitute a “Swap
Party,” provided, however, that any Commodity Hedge that is not a Bank-Provided Commodity Hedge
shall constitute a “Swap Agreement” entitled to the benefit of this Agreement and the counterparty
to such agreement shall constitute a “Swap Party” if and only if the Collateral Agent has received
a Swap Party Supplement, in form and substance satisfactory to the Collateral Agent, executed by
the counterparty in substantially the form of Annex A hereto, duly completed, and consented
to by the Administrative Agent and Arch, pursuant to which such counterparty shall agree to become
party hereto and bound hereby as a “Swap Party,” and pursuant to which a particular Commodity Hedge
is designated as a “Swap Agreement,” provided further such Commodity Hedge (a copy of which shall
be attached to the Swap Party Supplement) is documented in a standard International Swap Dealer
Association Agreement or such other standard trading documentation and provides for the method of
calculating the reimbursable amount of the provider’s credit exposure in a reasonable and customary
manner. If an Event of Default has occurred and is continuing, the Administrative Agent may grant
or

 

 

withhold such consent in its discretion, subject to any obligation it may have under the other
Secured Party Documents to which it is party, to grant or withhold such designation.”

     4. Conditions of Effectiveness of Amendments and Consent.

     The effectiveness of this Amendment is expressly conditioned upon satisfaction of each of the
following conditions precedent:

     (a) Execution and Delivery of Amendment. The Borrower, the other Loan Parties, the
Required Banks, and the Administrative Agent shall have received approval to execute and shall have
executed this Amendment, and all other documentation necessary for effectiveness of this Amendment
shall have been executed and delivered all to the satisfaction of the Borrower, the Required Banks
and the Administrative Agent.

     (b) Extension of Revolving Credit Commitments. Solely with respect to the amendments
to the Credit Agreement relating to Extending Revolving Credit Commitments, the Banks (including
new financial institutions, if any, agreeing to join into the Credit Agreement in connection with
the Fourth Amendment) shall have agreed to provide no less than $400,000,000 in the aggregate of
Extending Revolving Credit Commitments; provided however that if less than $400,000,000 of
Extending Revolving Credit Commitments have been offered to the Borrower, on the date hereof, the
Borrower shall have the option to waive this condition precedent and all other amendments contained
in this Fourth Amendment (excluding those amendments related to the Extending Revolving Credit
Commitments) shall become effective. For the avoidance of doubt, the amendment to Section 7.2.10
[Maximum Leverage Ratio] of the Credit Agreement contained herein shall become effective upon
Required Lender approval if less than $400,000,000 of Extending Revolving Credit Commitments are
offered to the Borrower and the Borrower elects to close the Fourth Amendment without accepting the
Extending Revolving Credit Commitments.

     (c) Officer’s Certificate.

     The representations and warranties of the Borrower contained in Section 5 of the Credit
Agreement including as amended by the modifications and additional representations and warranties
of this Amendment, and of each Loan Party in each of the other Loan Documents shall be true and
accurate on and as of the date hereof with the same effect as though such representations and
warranties had been made on and as of such date (except 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), and each of the Loan Parties shall
have performed and complied with all covenants and conditions hereof and thereof, no Event of
Default or Potential Default shall have occurred and be continuing or shall exist; and there shall
be delivered to the Administrative Agent for the benefit of each Bank a certificate of the Borrower
dated the date hereof and signed by the Chief Executive Officer, President, Treasurer or Chief
Financial Officer of the Borrower to each such effect.

 

 

     (d) Secretary’s Certificate.

     There shall be delivered to the Administrative Agent for the benefit of each Bank a
certificate dated the date hereof and signed by the Secretary or an Assistant Secretary of each of
the Loan Parties, certifying as appropriate as to:

          (1) all action taken by each Loan Party in connection with this Amendment and the other
Loan Documents;

          (2) the names of the officer or officers authorized to sign this Amendment and the
other Loan Documents and the true signatures of such officer or officers and specifying the
Authorized Officers permitted to act on behalf of each Loan Party for purposes of this
Amendment and the true signatures of such officers, on which the Administrative Agent and
each Bank may conclusively rely; and

          (3) copies of its organizational documents, including its certificate of incorporation
and bylaws, certificate of limited partnership and limited partnership agreement or limited
liability company certificate and operating agreement, as the case may be, as in effect on
the date hereof and, in the case of the certificate of incorporation of the Borrower,
certified by the appropriate state official where such document is filed in a state office,
together with certificates from the appropriate state officials as to the continued
existence and good standing of the Borrower in the state of its formation and the state of
its principal place of business.

     (e) Opinions of Counsel.

     There shall be delivered to the Administrative Agent for the benefit of each Bank a written
opinion of K&L Gates LLP (who may rely on the opinions of such other counsel as may be acceptable
to the Administrative Agent) and a written opinion of Gregory A. Billhartz, counsel for the Loan
Parties (who may rely on the opinions of such other counsel as may be acceptable to the
Administrative Agent), each dated the date hereof and in form and substance satisfactory to the
Administrative Agent and its counsel as to such matters incident to the transactions contemplated
herein as the Administrative Agent may reasonably request.

     (f) No Actions or Proceedings.

     No action, proceeding, investigation, regulation or legislation shall have been instituted,
threatened or proposed before any court, governmental agency or legislative body to enjoin,
restrain or prohibit, or to obtain damages in respect of, this Amendment, the other Loan Documents
or the consummation of the transactions contemplated hereby or thereby or which, in the
Administrative Agent’s sole discretion, would make it inadvisable to consummate the transactions
contemplated by this Amendment or any of the other Loan Documents.

     (g) Payment of Fees.

     The Borrower shall pay or cause to be paid to the Administrative Agent for itself and for the
account of the Banks (i) all fees set forth in that certain fee letter dated August 3, 2009,
between the Administrative Agent and the Borrower, (ii) all fees set forth in that Summary of

 

 

Amended Terms and Conditions dated August 2, 2009, between the Administrative Agent and the
Borrower, and (iii) all other fees, costs and expenses payable to the Administrative Agent or any
Bank or for which the Administrative Agent or any Bank is entitled to be reimbursed, including but
not limited to the fees and expenses of the Administrative Agent’s legal counsel.

     (h) Consents.

     All material consents required to effectuate the transactions contemplated by this Amendment
and the other Loan Documents and shall have been obtained.

     (i) Financial Projections.

     There shall have been delivered to the Administrative Agent for the benefit of each Banks
copies of the financial projections of the Borrower and its Subsidiaries, including a balance
sheet, income statement, statement of cash flows and assumptions used to prepare such projections,
for the period commencing January 1, 2009 through and including March 31, 2013, which shall all be
satisfactory to the Administrative Agent.

     (j) Confirmation of Guaranty.

     Each of the Guarantors confirms that they have read and understand the Amendment. In order to
induce the Banks, the Administrative Agent and the other Agents to enter into the Amendment, each
of the Guarantors: (i) consents to the Amendment and the transactions contemplated thereby; (ii)
ratifies and confirms each of the Loan Documents to which it is a party; (iii) ratifies, agrees and
confirms that it has been a Guarantor and a Loan Party at all times since it became a Guarantor and
a Loan Party and from and after the date hereof, each Guarantor shall continue to be a Guarantor
and a Loan Party in accordance with the terms of the Loan Documents, as the same may be amended in
connection with the Amendment and the transactions contemplated thereby; and (iv) hereby ratifies
and confirms its obligations under each of the Loan Documents (including all exhibits and schedules
thereto), as the same may be amended in connection with the Amendment and the transactions
contemplated thereby, by signing below as indicated and hereby acknowledges and agrees that nothing
contained in any of such Loan Documents is intended to create, nor shall it constitute an
interruption, suspension of continuity, satisfaction, discharge of prior duties, novation or
termination of the indebtedness, loans, liabilities, expenses, guaranty or obligations of any of
the Loan Parties under the Credit Agreement, the Collateral Agency and Sharing Agreement or any
other such Loan Document

     (k) Legal Details.

     All legal details and proceedings in connection with the transactions contemplated by this
Amendment and the other Loan Documents shall be in form and substance satisfactory to the
Administrative Agent and counsel for the Administrative Agent, and the Administrative Agent shall
have received all such other counterpart originals or certified or other copies of such documents
and proceedings in connection with such transactions, in form and substance satisfactory to the
Administrative Agent and its counsel, as the Administrative Agent or its counsel may reasonably
request.

 

 

     5. Force and Effect.

     Except as otherwise expressly modified by this Amendment, the Credit Agreement, the Collateral
Agency and Sharing Agreement and the other Loan Documents are hereby ratified and confirmed and
shall remain in full force and effect after the date hereof.

     6. Governing Law. 

     This Amendment shall be deemed to be a contract under the Laws of the Commonwealth of
Pennsylvania and for all purposes shall be governed by and construed and enforced in accordance
with the internal laws of the Commonwealth of Pennsylvania without regard to its conflict of laws
principles.

     7. Effective Date; Certification of the Borrower. 

     This Amendment shall be dated as of and shall be binding, effective and enforceable upon the
date of (i) satisfaction of all conditions set forth in Section 4 hereof and (ii) receipt by the
Administrative Agent of duly executed original counterparts of this Amendment from the Borrower and
all Banks, and from and after such date this Amendment shall be binding upon the Borrower, each
Bank and the Agents, and their respective successors and assigns permitted by the Credit Agreement.
The Borrower by executing this Amendment, hereby certifies that this Amendment has been duly
executed and that as of the date hereof no Event of Default or Potential Default exists under the
Credit Agreement or the other Loan Documents.

     8. No Novation. 

          This Amendment amends the Credit Agreement and the Collateral Agency and Sharing Agreement,
but is not intended to constitute, and does not constitute, a novation of the Obligations of the
Loan Parties under the Credit Agreement, Collateral Agency and Sharing Agreement or any other Loan
Document.

[Signature Page Follows]

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

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

	 	 	 	 	 	 	 
	 	 	ARCH COAL, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ James E. Florczak
 

James E. Florczak
	 	 
	 

	 	Title:
	 	Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	ALLEGHENY LAND COMPANY	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ James E. Florczak
 

James E. Florczak
	 	 
	 

	 	Title:
	 	Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	ARCH COAL SALES COMPANY, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ James E. Florczak
 

James E. Florczak
	 	 
	 

	 	Title:
	 	Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	ARCH COAL TERMINAL, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ James E. Florczak
 

James E. Florczak
	 	 
	 

	 	Title:
	 	Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	ARCH ENERGY RESOURCES, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ James E. Florczak
 

James E. Florczak
	 	 
	 

	 	Title:
	 	Vice President and Treasurer 	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	ARCH RECLAMATION SERVICES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	ARK LAND COMPANY	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	ARK LAND KH, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	ARK LAND WR, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	ASHLAND TERMINAL, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	CATENARY COAL HOLDINGS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	COAL-MAC, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	CUMBERLAND RIVER COAL COMPANY	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	LONE MOUNTAIN PROCESSING, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	MINGO LOGAN COAL COMPANY	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	MOUNTAIN GEM LAND, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	MOUNTAIN MINING, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	MOUNTAINEER LAND COMPANY	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	PRAIRIE HOLDINGS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	WESTERN ENERGY RESOURCES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 	 	Name: James E. Florczak	 	 
	 	 	Title: Vice President and Treasurer	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	BANK LEUMI USA	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Joung Hee Hong	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Joung Hee Hong	 	 
	 	 	Title: First Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	BANK OF AMERICA, N.A.

(as successor by merger to Fleet National Bank
and LaSalle Bank National Association),
individually and as Documentation Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Adam H. Fey	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Adam H. Fey	 	 
	 	 	Title: Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	BANK OF MONTREAL	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Ian M. Plester	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Ian M. Plester	 	 
	 	 	Title: Director	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	CALYON NEW YORK BRANCH	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Blake Wright	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Blake Wright	 	 
	 	 	Title: Managing Director	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Joseph A. Philbin	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Joseph A. Philbin	 	 
	 	 	Title: Director	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	CITICORP USA, INC., individually and as
Syndication Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Raymond C. Dunning	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Raymond C. Dunning	 	 
	 	 	Title: Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	COMMERCE BANK, N.A.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Douglas P. Best	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Douglas P. Best	 	 
	 	 	Title: Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	JPMORGAN CHASE BANK, N.A., 

individually and as
Syndication Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Stacey Haimes	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Stacey Haimes	 	 
	 	 	Title: Executive Director	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	MIZUHO CORPORATE BANK, LTD.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Leon Mo	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Leon Mo	 	 
	 	 	Title: Authorized Signatory	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	MORGAN STANLEY BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Whitner Marshall	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Whitner Marshall	 	 
	 	 	Title: Authorized Signatory	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	NATIXIS	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Carlos L. Quinteros	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Carlos L. Quinteros	 	 
	 	 	Title: Director	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Timothy L. Polvado	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Timothy L. Polvado	 	 
	 	 	Title: Senior Managing Director	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	NATIONAL CITY BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Stephen Sainz	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Stephen Sainz	 	 
	 	 	Title: Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	PNC BANK, NATIONAL ASSOCIATION, individually, as
Administrative Agent and as Collateral Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Richard L. Munsick	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Richard L. Munsick	 	 
	 	 	Title: Senior Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	REGIONS BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Kiley R. Hill	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Kiley R. Hill	 	 
	 	 	Title: Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	SOVEREIGN BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Robert D. Lanigan
 

	 	 
	 

	 	Name:
	 	Robert D. Lanigan	 	 
	 

	 	Title:
	 	Senior Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	SOUTHWEST BANK, AN M&I BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Roy C. Postel
 

Roy C. Postel
	 	 
	 

	 	Title:
	 	Senior Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	THE BANK OF NEW YORK MELLON	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Richard K. Fronapfel, Jr.
 

Richard K. Fronapfel, Jr.
	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	THE ROYAL BANK OF SCOTLAND PLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Patricia Dundee
 

Patricia Dundee
	 	 
	 

	 	Title:
	 	Managing Director	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	UBS LOAN FINANCE LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Irja R. Otsa
 

Irja R. Otsa
	 	 
	 

	 	Title:
	 	Associate Director	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Mary E. Evans
 

Mary E. Evans
	 	 
	 

	 	Title:
	 	Associate Director	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	UMB BANK, N.A.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Cecil G. Wood
 

Cecil G. Wood
	 	 
	 

	 	Title:
	 	Executive Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	UNION BANK, N.A. (formerly known as 
Union Bank of
California, N.A.)
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Hideyuki Okamoto
 

Hideyuki Okamoto
	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	US BANK NATIONAL ASSOCIATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ John M. Eyerman
 

John M. Eyerman
	 	 
	 

	 	Title:
	 	Portfolio Manager	 	 

 

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO CREDIT AGREEMENT AND

AMENDMENT TO COLLATERAL AGENCY AND SHARING AGREEMENT]

	 	 	 	 	 	 	 
	 	 	WACHOVIA BANK,
NATIONAL ASSOCIATION, 
 individually
and as Syndication Agent
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Jonathan R. Richardson
 

Jonathan R. Richardson
	 	 
	 

	 	Title:
	 	Senior Vice President	 	 

 

 

SCHEDULE 1.1 (B)

COMMITMENTS OF BANKS AND ADDRESSES FOR NOTICES

ARCH COAL, INC. CREDIT FACILITY

Part 1 — Commitments of Banks and Addresses for Notices to Banks

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Non-Extending	 	 	 	 	 	 	 	 
	 	 	 	 	Revolving Credit	 	Extending Revolving	 	 	 	 	 	Revolving Credit
	Bank	 	Commitments	 	Credit Commitments	 	Total Commitments	 	Ratable Share
	Name:

	 	BANK LEUMI USA
	 	$	0	 	 	$	25,000,000.00	 	 	$	25,000,000.00	 	 	 	2.906976744	%
	Address:

	 	562 Fifth Avenue, 9th Floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	New York, NY 10036	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Joung Hee Hong, Vice President	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(212) 407-4469	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(212) 407-4317	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	BANK OF AMERICA, N.A.
	 	$	0	 	 	$	80,750,000.00	 	 	$	80,750,000.00	 	 	 	9.389534884	%
	Address:

	 	IL-231-10-35	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	231 S La Salle Street	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Chicago, Illinois 60604	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Adam Fey	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(312) 828-1462	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(312) 974-4970	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	BANK OF MONTREAL
	 	$	0	 	 	$	30,000,000.00	 	 	$	30,000,000.00	 	 	 	3.488372093	%
	Address:

	 	Attention: Ian Plester	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(212) 605-1417	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(646) 366-1724	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	CALYON NEW YORK BRANCH
	 	$	0	 	 	$	50,000,000.00	 	 	$	50,000,000.00	 	 	 	5.813953488	%
	Address:

	 	Calyon Chicago Branch	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	227 W. Monroe Street	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Suite 3800	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Chicago, IL 60606-5018	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Joe Philbin	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(312) 220-7414	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(312-641) 0527	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	CITICORP USA, INC.
	 	$	0	 	 	$	62,000,000.00	 	 	$	62,000,000.00	 	 	 	7.209302326	%
	Address:

	 	388 Greenwich Street	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	21st Floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	New York, NY 10013	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Raymond Dunning	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(212) 816-8259	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(646) 291-1760	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	COMMERCE BANK N.A.
	 	$	0	 	 	$	10,000,000.00	 	 	$	10,000,000.00	 	 	 	1.162790698	%
	Address:

	 	8000 Forsyth Blvd.	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	St. Louis, MO 63105	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Doug Best	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(314) 746-3228	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(314) 746-3783	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Non-Extending	 	 	 	 	 	 	 	 
	 	 	 	 	Revolving Credit	 	Extending Revolving	 	 	 	 	 	Revolving Credit
	Bank	 	Commitments	 	Credit Commitments	 	Total Commitments	 	Ratable Share
	Name:

	 	JPMORGAN CHASE BANK, N.A.
	$	0	 	 	$	52,000,000.00	 	 	$	52,000,000.00	 	 	 	6.046511628	%
	Address:

	 	270 Park Avenue	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	4th Floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	New York, NY 10017	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Stacey Haimes	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(212) 270-3217	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(212) 270-5100	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	MIZUHO CORPORATE BANK, LTD.
	 	$	40,000,000.00	 	 	$	0	 	 	$	40,000,000.00	 	 	 	4.651162791	%
	Address:

	 	1251 Avenue of the Americas	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	New York, NY 10020	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Leon Mo, Vice President	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(212) 282-4984	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(212) 282-4488	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	MORGAN STANLEY BANK
	 	$	0	 	 	$	50,000,000.00	 	 	$	50,000,000.00	 	 	 	5.813953488	%
	Address:

	 	One Utah Center	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	201 South Main Street	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	5th Floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Sat Lake City, UT 84111	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Documentation Group	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(810) 236-3655	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	PNC BANK, NATIONAL ASSOCIATION
	 	$	0	 	 	$	52,000,000.00	 	 	$	52,000,000.00	 	 	 	6.046511628	%
	Address:

	 	One PNC Plaza	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	249 Fifth Avenue	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Third Floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Pittsburgh, PA 15222	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Richard Munsick, Senior Vice President	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(412) 762-4299	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(412) 705-3232	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	NATIONAL CITY BANK, now a Part of PNC Bank,
National Association
	 	$	0	 	 	$	35,000,000.00	 	 	$	35,000,000.00	 	 	 	4.069767442	%
	Address:

	 	120 South Central Avenue	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Locator 56 - SL-WB08	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Clayton, MO 63105	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Steve Sainz	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(314) 898-1210	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(314) 898-1401	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Non-Extending	 	 	 	 	 	 	 	 
	 	 	 	 	Revolving Credit	 	Extending Revolving	 	 	 	 	 	Revolving Credit
	Bank	 	Commitments	 	Credit Commitments	 	Total Commitments	 	Ratable Share
	Name:

	 	NATIXIS
	 	$	0	 	 	$	20,000,000.00	 	 	$	20,000,000.00	 	 	 	2.325581395	%
	Address:

	 	333 Clay Street	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Suite 4340	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Houston, TX 77002	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Carlos L. Quinteros	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	REGIONS BANK
	 	$	0	 	 	$	35,000,000.00	 	 	$	35,000,000.00	 	 	 	4.069767442	%
	Address:

	 	8182 Maryland Avenue	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Suite 1100	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	St. Louis, MO 63105	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Kiley Hill	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(314) 615-2366	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(314) 615-2355	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	SOVEREIGN BANK
	 	$	0	 	 	$	35,000,000.00	 	 	$	35,000,000.00	 	 	 	4.069767442	%
	Address:

	 	75 State Street, 4th Floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Boston, MA 02109	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Robert Lanigan	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	SOUTHWEST BANK, an M&I Bank
	 	$	0	 	 	$	20,000,000.00	 	 	$	20,000,000.00	 	 	 	2.325581395	%
	Address:

	 	13205 Manchester Road	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	2nd Floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	St. Louis, MO 63131	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Joyce Nicholson	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(314) 543-3360	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(314) 543-3377	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	THE BANK OF NEW YORK MELLON
	 	$	35,000,000.00	 	 	$	0	 	 	$	35,000,000.00	 	 	 	4.069767442	%
	Address:

	 	1 Wall Street, 19th floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	New York, NY 10286	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Richard Fronapfel	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(212) 635-7615	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(212) 635-8595	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	THE ROYAL BANK OF SCOTLAND PLC
	 	$	0	 	 	$	55,000,000.00	 	 	$	55,000,000.00	 	 	 	6.395348837	%
	Address:

	 	600 Travis Street	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Suite 6500	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Houston, TX 77002	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Lionel Baptista	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(713) 221 2408	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Non-Extending	 	 	 	 	 	 	 	 
	 	 	 	 	Revolving Credit	 	Extending Revolving	 	 	 	 	 	Revolving Credit
	Bank	 	Commitments	 	Credit Commitments	 	Total Commitments	 	Ratable Share
	Name:

	 	UBS LOAN FINANCE LLC
	 	$	22,500,000.00	 	 	$	0	 	 	$	22,500,000.00	 	 	 	2.616279070	%
	Address:

	 	UBS Investment Bank	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	677 Washington Blvd. 6-South	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Stamford, CT 06901	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Eytan Schwartz	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(203) 719-5974	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(203) 719-3888	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	UMB BANK, N.A.
	 	$	0	 	 	$	15,000,000.00	 	 	$	15,000,000.00	 	 	 	1.744186047	%
	Address:

	 	2 South Broadway	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	St. Louis, MO 63102	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Cecil G. Wood	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(314) 612-8131	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Name:

	 	UNION BANK, N.A.
	 	$	0	 	 	$	40,000,000.00	 	 	$	40,000,000.00	 	 	 	4.651162791	%
	Address:

	 	445 South Figueroa Street, 15th Floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Los Angeles, CA 90017	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Hideyuki Okamoto	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(213) 236-5724	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(213) 236-4096	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	US BANK NATIONAL ASSOCIATION
	 	$	0	 	 	$	45,000,000.00	 	 	$	45,000,000.00	 	 	 	5.232558140	%
	Address:

	 	One US Bank Plaza	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	TRAM SL-MO-T12M	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Seventh and Washington	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Saint Louis, MO 63101	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	John Eyerman	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(314) 418-3859	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name:

	 	WACHOVIA BANK, NATIONAL ASSOCIATION
	 	$	0	 	 	$	50,750,000.00	 	 	$	50,750,000.00	 	 	 	5.90116279	%
	Address:

	 	201 South Jefferson Street	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	2nd Floor	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	Roanoke, VA 24011	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Attention:

	 	Jonathan R. Richardson	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telephone:

	 	(540) 563-7691	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Telecopy:

	 	(540) 819-7877	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	TOTAL

	 	 	 	$	97,500,000.00	 	 	$	762,500,000.00	 	 	$	860,000,000.00	 	 	 	100	%
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

Part 2 — Addresses for Notices to Administrative Agent and to Borrower:

	 	 	 
	ADMINISTRATIVE AGENT:
	 
	 	 
	Name:

	 	PNC Bank, National Association
	Address:

	 	One PNC Plaza, Third Floor
	 

	 	249 Fifth Avenue
	 

	 	Pittsburgh, PA 15222
	Attention:

	 	Richard Munsick, Senior Vice President
	Telephone:

	 	(412) 762-4299
	Telecopy:

	 	(412) 705-3232
	 
	 	 
	Name:

	 	PNC Bank, National Association
	Address:

	 	Agency Services
	 

	 	PNC Firstside Center, 4th Floor
	 

	 	P7-PFSC-04-I
	 

	 	500 First Avenue
	 

	 	Pittsburgh, PA 15219
	Attention:

	 	Lisa Pierce, Manager
	Telephone:

	 	(412) 762-6442
	Telecopy:

	 	(412) 762-8672
	 
	 	 
	BORROWER:
	 
	 	 
	Name:

	 	Arch Coal, Inc.
	Address:

	 	One City Place Drive, Suite 300
	 

	 	St. Louis, MO 63141
	Attention:

	 	James E. Florczak
	Telephone:

	 	(314) 994-2785
	Telecopy:

	 	(314) 994-2739

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00162-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00162-of-00352.parquet"}]]