Document:

Amended and Restated Coke Purchase Agt

 Exhibit 10.28 
 SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****). 
  

 
  

AMENDED AND RESTATED 
 COKE PURCHASE AGREEMENT 
 Dated as of February 19, 1998 

By and Between 

INDIANA HARBOR COKE COMPANY, L.P. 
 and 
 INLAND STEEL COMPANY 

 
  

 

 TABLE OF CONTENTS 

 

									
	ARTICLE I Definitions	  	 	1	  
				
		  	1.1	    	Affiliate	  	 	2	  
		  	1.2	    	Annual Budget	  	 	2	  
		  	1.3	    	Applicable Percentage	  	 	2	  
		  	1.4	    	Change of Law	  	 	2	  
		  	1.5	    	Code	  	 	2	  
		  	1.6	    	Coke	  	 	2	  
		  	1.7	    	Coke Plant	  	 	2	  
		  	1.8	    	Coke Purchase Agreement	  	 	2	  
		  	1.9	    	Coke Quality Specifications	  	 	2	  
		  	1.10	    	Cokenergy	  	 	2	  
		  	1.11	    	Commission	  	 	2	  
		  	1.12	    	Computer Model	  	 	2	  
		  	1.13	    	Confidential Information	  	 	3	  
		  	1.14	    	Contract Price	  	 	3	  
		  	1.15	    	Contract Year	  	 	3	  
		  	1.16	    	Credit Discount	  	 	3	  
		  	1.17	    	Default	  	 	3	  
		  	1.18	    	Designated Year	  	 	3	  
		  	1.19	    	Disallowance	  	 	3	  
		  	1.20	    	Disallowance Percentage	  	 	3	  
		  	1.21	    	Disallowed Discount	  	 	4	  
		  	1.22	    	Discount Period	  	 	4	  
		  	1.23	    	Escrow Agent	  	 	4	  
		  	1.24	    	Event of Default	  	 	4	  
		  	1.25	    	Final Determination	  	 	4	  
		  	1.26	    	Fire/Explosion Period	  	 	4	  
		  	1.27	    	Flip 1 Date	  	 	4	  
		  	1.28	    	Force Majeure	  	 	4	  
		  	1.29	    	Governmental Authority	  	 	4	  
		  	1.30	    	Governmental Imposition	  	 	4	  
		  	1.31	    	GP	  	 	5	  
		  	1.32	    	GP Indemnity Agreement	  	 	5	  
		  	1.33	    	Initial Full Production	  	 	5	  
		  	1.34	    	Initial Investment	  	 	5	  
		  	1.35	    	Initial Investor	  	 	5	  
		  	1.36	    	Initial Term	  	 	5	  
		  	1.37	    	IRS	  	 	5	  
		  	1.38	    	Minimum Coke Purchase Requirement	  	 	5	  
		  	1.39	    	Overdue Rate	  	 	5	  
		  	1.40	    	Original Coke Purchase Agreement	  	 	5	  
		  	1.41	    	Parties	  	 	5	  
		  	1.42	    	Partner	  	 	5	  

  
 i 

									
		  	1.43	    	Partnership Agreement	  	 	5	  
		  	1.44	    	Party	  	 	6	  
		  	1.45	    	Person	  	 	6	  
		  	1.46	    	Phase-Out	  	 	6	  
		  	1.47	    	Proposed Adjustment	  	 	6	  
		  	1.48	    	Proposed Price	  	 	6	  
		  	1.49	    	Purchaser	  	 	6	  
		  	1.50	    	Qualified Ovens	  	 	6	  
		  	1.51	    	Section 29 Tax. Credits	  	 	6	  
		  	1.52	    	Stockpiled Coke	  	 	6	  
		  	1.53	    	Tax Rate Adjustment Factor	  	 	6	  
		  	1.54	    	Ton or Tonnage	  	 	6	  
		  	1.55	    	Total Coke Plant Capital Cost	  	 	6	  
		  	1.56	    	Written or in writing	  	 	7	  
		
	ARTICLE II Term	  	 	7	  
				
		  	2.1	    	Initial Term	  	 	7	  
		  	2.2	    	Renewal Option	  	 	7	  
		
	ARTICLE III Quantity	  	 	8	  
				
		  	3.1	    	Take or Pay Basis	  	 	8	  
		  	3.2	    	Option to Purchase Available Excess Production	  	 	10	  
		
	ARTICLE IV Coke Quality	  	 	11	  
				
		  	4.1	    	Coke Quality Specifications	  	 	11	  
		  	4.2	    	Adjustments to Specifications	  	 	11	  
		  	4.3	    	Conformance to Quality Specifications	  	 	11	  
		  	4.4	    	Quality Program	  	 	12	  
		  	4.5	    	Duality Committee	  	 	12	  
		  	4.6	    	Right to Reject	  	 	13	  
		  	4.7	    	Price Adjustments	  	 	13	  
		  	4.8	    	Payment of Price Adjustments	  	 	13	  
		  	4.9	    	Coal Blend and Coal Supply Contracts	  	 	14	  
		
	ARTICLE V Pricing	  	 	14	  
				
		  	5.1	    	Contract Price Formula	  	 	14	  
		  	5.2	    	Intention of the Parties	  	 	23	  
		
	ARTICLE VI Delivery and Shipment	  	 	23	  
				
		  	6.1	    	Equal Daily Deliveries	  	 	23	  
		  	6.2	    	Weights	  	 	23	  
		  	6.3	    	Title and Risk of Loss	  	 	23	  

  
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	ARTICLE VII Billing and Payment	  	 	24	  
				
		  	7.1	    	Payment Terms and Invoicing	  	 	24	  
		  	7.2	    	No Set-Off	  	 	25	  
		
	ARTICLE VIII Stockpiled Coke	  	 	25	  
				
		  	8.1	    	Stockpiled Coke	  	 	25	  
		
	ARTICLE IX Escrow Account for Credit Discount	  	 	25	  
				
		  	9.1	    	Establishment of Escrow Account	  	 	25	  
		  	9.2	    	Purchaser’s Failure to Reimburse/Indemnify Seller	  	 	26	  
		  	9.3	    	Release of Escrow	  	 	26	  
		  	9.4	    	Escrow Agreement	  	 	27	  
		
	ARTICLE X Events of Default	  	 	27	  
				
		  	10.1	    	Purchaser’s Failure to Take or Pay	  	 	27	  
		  	10.2	    	Seller’s Failure to Deliver	  	 	28	  
		  	10.3	    	Insolvency or Bankruptcy of Purchaser or Seller	  	 	28	  
		  	10.4	    	Failure to Perform Covenants, Etc.	  	 	29	  
		  	10.5	    	Termination for Breach	  	 	29	  
		
	ARTICLE XI Force Majeure	  	 	29	  
				
		  	11.1	    	Force Majeure	  	 	29	  
		  	11.2	    	Special Excuse for Nonperformance by Purchaser	  	 	30	  
		  	11.3	    	Major Fire or Explosion	  	 	30	  
		
	ARTICLE XII Arbitration	  	 	31	  
				
		  	12.1	    	Interpretation and Dispute Resolution	  	 	31	  
		
	ARTICLE XIII Warranties	  	 	32	  
		
	13. Title	  	 	32	  
				
		  	13.1	    	Quality	  	 	32	  
		  	13.2	    	Limitation of Warranties	  	 	32	  
		  	13.3	    	Suitability	  	 	32	  
		
	ARTICLE XIV Conditions Precedent; Early Termination	  	 	33	  
				
		  	14.1	    	Conditions Precedent	  	 	33	  
		  	14.2	    	Mutual Undertakings	  	 	34	  
		  	14.3	    	Early Termination	  	 	34	  
		  	14.4	    	Environmental Permit	  	 	35	  

  
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	ARTICLE XV Miscellaneous	  	36
				
		  	15.1	    	No Violation; Collective Bargaining Agreements	  	36
		  	15.2	    	Notices	  	36
		  	15.3	    	No Special Damages; Governing Law	  	36
		  	15.4	    	Counterparts	  	37
		  	15.5	    	Severability	  	37
		  	15.6	    	Entire Agreement	  	37
		  	15.7	    	Captions	  	37
		  	15.8	    	Amendment	  	37
		  	15.9	    	Independent Contractors	  	37
		  	15.10	    	Waivers and Remedies	  	38
		  	15.11	    	Confidentiality	  	38
		  	15.12	    	Essence of Time	  	38
		  	15.13	    	Assignability	  	38
		  	15.14	    	Audit of Records	  	38

 Schedules: 
  

					
	Schedule 4.1	  	-	  	Coke Quality Specifications
	Schedule 4.4(c)	  	-	  	Monthly Coke Quality Report Format
	Schedule 4.4(d)	  	-	  	Off-Spec Coke Quality Report Format
	Schedule 4.4(e)	  	-	  	Coke Quality SPP Report Format
	Schedule 4.7	  	-	  	Coke Quality Price Adjustment
	Schedule 5.1(c)	  	-	  	Computer Model (Return on Capital Component)
	Schedule 5.1(e)	  	-	  	Calculation of Discount Related to Section 29 Tax Credits

 Exhibits: 
  

			
	Exhibit A-1	  	- Form of Inland Steel Industries Guaranty
	Exhibit A-2	  	- Form of Sun Company, Inc. Guaranty
	Exhibit B	  	- Form of Elk River Resources, Inc. Guaranty
	Exhibit C	  	- Form of Escrow Agreement

  
 iv 

 AMENDED AND RESTATED 

COKE PURCHASE AGREEMENT 
 This Amended and Restated Coke Purchase Agreement, dated as of February 19, 1998 (this “Coke Purchase Agreement”), is by and between Indiana Harbor Coke Company, L.P., a Delaware limited
partnership, qualified to do business in Indiana (“Seller”), and Inland Steel Company, a Delaware corporation. (“Purchaser”). 
 W I T N E S S E T H 
 WHEREAS, Seller is a partnership formed between
Indiana Harbor Coke Company, a Delaware corporation as general partner, and Indiana Harbor Coke Corporation, an Indiana corporation, and DTE Indiana Harbor LLC, a Delaware limited liability company, as limited partners (each a “Partner”
and, collectively, the “Partners”) pursuant to an Amended and Restated Partnership Agreement of even date herewith (the “Partnership Agreement”); and 
 WHEREAS, as stated in the Partnership Agreement, Seller intends to design and construct, and to finance, own and operate a heat recovery cokemaking plant, together with related coal and coke handling
facilities, with an annual production of at least 1.22 million Tons of screened furnace coke (the “Coke Plant”); and 
 WHEREAS, Purchaser is desirous of obtaining an assured source of coke in such Tonnages and of such quality as described herein, and is willing to do so on a take or pay basis; and 

WHEREAS, Purchaser and Seller are parties to a Coke Purchase Agreement dated November 4, 1996 (the “Original Coke Purchase
Agreement”); and 
 WHEREAS, Purchaser and Seller desire to amend and restate the Original Coke Purchase Agreement as
provided in this Coke Purchase Agreement; and 
 WHEREAS, Purchaser and Seller desire that all references to the Original Coke
Purchase Agreement in any agreement, instrument or other document hereinafter be deemed to be a reference to this Coke Purchase Agreement; and 
 WHEREAS, Seller desires to sell and deliver coke to Purchaser, and Purchaser desires to purchase and accept coke from Seller, on the terms and conditions set forth in this Coke Purchase Agreement.

 NOW THEREFORE, in consideration of the mutual terms, covenants, and conditions herein contained, the mutual benefits to be
derived hereunder, and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 

ARTICLE I 

Definitions 
 As
used in this Coke Purchase Agreement, the following terms shall have the meanings herein specified: 

  
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 1.1 Affiliate - shall mean as to any Person, any other Person which, directly or
indirectly, controls, or is controlled by, or is under common control with, such Person. For purposes of this definition, “control” of a Person means the power, directly or indirectly, either: 

(a) to vote ten percent (10%) or more of the securities having ordinary voting power for the election of directors of
such Person; or 
 (b) to direct or cause the direction of the management and policies of such person whether by
contract or otherwise. 
 1.2 Annual Budget - shall have the meaning provided herein at Section 5.1(b). 

1.3 Applicable Percentage - shall mean *****percent (*****%) multiplied by the actual Credit Discount divided by the Credit
Discount determined without the $***** cap contained in Section 5.1(e)(3) of the Coke Purchase Agreement. 
 1.4 Change
of Law - shall mean a statutory change in the Code (including without limitation a repeal of all or any part of section 29 of the Code) to the extent that such change: 

(a) causes any part of production from the Coke Plant to cease to be qualified fuels within the meaning of Section 29
of the Code; 
 (b) reduces the rate at which Section 29 Tax Credits accrue per barrel of oil equivalent of
Coke; or 
 (c) limits the benefit or availability of Section 29 Tax Credits with respect to any class of
persons which includes the Initial Investor. 
 1.5 Code - shall mean the Internal Revenue Code of 1986, as amended.

 1.6 Coke - shall mean coke which meets the Coke Quality Specifications. 

1.7 Coke Plant - shall have the meaning set forth in the introduction to this Coke Purchase Agreement. 

1.8 Coke Purchase Agreement - shall have the meaning set forth in the introduction to this Coke Purchase Agreement. 

1.9 Coke Quality Specifications - shall have the meaning provided herein at Section 4.1. 

1.10 Cokenergy - shall have the meaning provided herein at Section 2.1(a). 

1.11 Commission - shall have the meaning provided herein at Section 3.1(e)(1). 

1.12 Computer Model - shall mean the computer model described in Schedules 5.1(c) and 5.1(e) and set forth in the attached
computer diskette. 

  
 2 

 1.13 Confidential Information - shall mean any material, non-public information that
is obtained by Purchaser or Seller in connection with the negotiation of the Coke Purchase Agreement and related transactional documents, including specifically by way of example and not of limitation: 

(a) the terms and provisions of this Coke Purchase Agreement and the Contract Price for Coke sold hereunder, including any
methodology for calculating such Contract Price; 
 (b) any information protected by the terms of any 

(c) confidentiality agreement between Seller and Purchaser; and 

(d) the terms of any Initial Investment (or related subsequent investment) and/or the identity of any Initial Investor (or
subsequent investor). 
 Confidential Information shall not include information that becomes generally available to the public other than as a
result of a disclosure by the Purchaser, or Seller its Affiliates or any directors, officers, employees or agents of the Purchaser or Seller or any Affiliate of the Purchaser or Seller. 

1.14 Contract Price - shall mean the price per ton of Coke included in the Minimum Coke Purchase Requirement, calculated in
accordance with the methodology set forth herein at Article V. 
 1.15 Contract Year - shall mean the period from and
including the date hereof to and including December 31, 1996, and thereafter shall mean each twelve (12) month period during which this Coke Purchase Agreement is in effect, commencing on each January 1st; provided, however,
that the last Contract Year shall end on the date of expiration of this Coke Purchase Agreement. 
 1.16 Credit
Discount - shall have the meaning provided herein at Section 5.1(e). 
 1.17 Default - shall mean any event, act
or condition which with notice, or lapse of time, or both would constitute an Event of Default. 
 1.18 Designated Year -
shall have the meaning provided herein at Section 9.3(a). 
 1.19 Disallowance - shall mean the disallowance by the
IRS of all or a portion of the Section 29 Tax Credits allocated to the Initial Investor. 
 1.20 Disallowance
Percentage - shall mean: 
 (a) the dollar value of Section 29 Tax Credits that would have been
allocable to the Initial Investor in the absence of a loss or reduction in dollar value of such Credits; minus 

(b) the dollar value of Section 29 Tax Credits that is allocable to the Initial Investor taking into account any loss
or reduction in dollar value of Section 29 Tax Credits whether resulting from a Change of Law, Phase-Out or Disallowance or otherwise; 
 (c) divided by the amount determined in subsection (a) of this paragraph. 

  
 3 

 For purposes of determining the amount of Disallowed Discount in Section 5.1(e)(3)
hereof, a Proposed Adjustment that if sustained would result in a loss or reduction in the dollar value of Section 29 Tax Credits allocated to the Initial Investor, shall be treated as a loss of Section 29 Tax Credits in determining the
Disallowance Percentage. 
 1.21 Disallowed Discount - shall have the meaning provided herein at Section 5.1(e)(3)
hereof. 
 1.22 Discount Period - shall have the meaning provided herein at Section 5.1(e). 

1.23 Escrow Agent - shall have the meaning provided herein at Section 9.1. 

1.24 Event of Default - shall have the meaning provided herein at Article X. 

1.25 Final Determination - shall mean: 
 (a) a settlement of the Proposed Adjustment; 
 (b) unless
judicial-proceedings are initiated as provided in Section 5.1(e)(6)(iii) hereof, a final administrative resolution with respect to the Proposed Adjustment as evidenced by a closing agreement, Form 870-P, Forms 870 or 870-AD or like form or
agreement; 
 (c) a final decision with respect to the Proposed Adjustment by the Tax Court, Court of Federal
Claims or the appropriate Federal District Court (unless appealed); 
 (d) a final decision of a united States
Court of Appeals with respect to the Proposed Adjustment; or 
 (e) the expiration of the applicable statute of
limitations for the tax period affected. 
 1.26 Fire/Explosion Period - shall have the meaning provided herein at
Section 11.3. 
 1.27 Flip 1 Date - shall mean the first date on which the Initial Investor’s share in the
proceeds from the production and sale of Coke from the Coke Plant is reduced as a result of the achievement of a targeted return. 
 1.28 Force Majeure - shall have the meaning provided herein at Section 11.1. 
 1.29 Governmental Authority - shall mean any nation or government, any state or other political subdivision thereof and any entity exercising executive, legislative, judicial, regulatory or
administrative functions of or pertaining to government. 
 1.30 Governmental Imposition - shall mean any assessment,
charge, impost or levy, however denominated (but not including fines or other penalties for the failure to comply with nontax legal requirements), including any interest, penalties, or additions that is or may become payable in respect thereof,
imposed by any state, local or federal or foreign Governmental Authority that may be imposed on the purchase of coal, the production or sale of Coke, on any asset or transaction of Seller related to the Coke Plant including, but not limited to, a
value 

  
 4 

 
added tax of any type and an energy tax of any type, (with the exception of a tax measured by net income, the Indiana Gross Receipts Tax, or any withholding tax relating to a Partner’s
interest in Seller). 
 1.31 GP - shall mean Indiana Harbor Coke Company, a Delaware corporation, general partner of
Seller. 
 1.32 GP Indemnity Agreement - shall mean, in the event that an investor acquires an interest in the
Partnership, any indemnity agreement between the investor and GP related to the indemnification of certain tax benefits including Section 29 Tax Credits. 

  
 5 

 1.33 Initial Full Production - shall mean and refer to the date on which Three
Thousand Three Hundred Forty Two (3,342) Tons of daily Coke production from the Coke Plant is first available for sale and delivery, 
 1.34 Initial Investment - shall have the meaning provided herein at Section 5.1(e). 
 1.35 Initial Investor - shall have the meaning provided herein at Section 5.1(e). 
 1.36 Initial Term - shall have the meaning provided herein at Section 2.1. 
 1.37 IRS - shall mean the U.S. Internal Revenue Service, or any similar or successor federal agency. 
 1.38 Minimum Coke Purchase Requirement - shall mean and represent, during any one Contract Year, Coke that the Seller is required to sell and that the Purchaser is required to purchase on a take or
pay basis: 
 (a) for Contract Year periods subsequent to the date hereof, but prior to the date of commencement
of Initial Full Production, the Minimum Coke Purchase Requirement shall be an amount of Coke equal to all available Coke produced by the Coke Plant; 
 (b) for Contract Year periods following Initial Full Production, but before the end of the Initial Term, the Minimum Coke Purchase Requirement shall be 1.22 million Tons per Contract Year, reduced by
the amount of Coke that Seller is excused from selling to Purchaser, and/or Purchaser is excused from buying from Seller, pursuant to the Force Majeure provisions of Article XI hereof. 

1.39 Overdue Rate - shall have the meaning provided herein at Section 7.1. 

1.40 Original Coke Purchase Agreement - shall have the meaning set forth in the introduction to this Coke Purchase Agreement.

 1.41 Parties - means both the Purchaser and the Seller. 

1.42 Partner - shall have the meaning set forth in the introduction to this Coke Purchase Agreement. 

1.43 Partnership Agreement - shall have the meaning set forth in the introduction to this Coke Purchase Agreement. 

  
 6 

 1.44 Party - means either the Purchaser or the Seller, depending upon the context in
which the term is used. 
 1.45 Person - shall mean and include any individual, firm, corporation, partnership, limited
liability corporation, association, trust or other enterprise or any government or political subdivision or agency, department or instrumentality thereof. 
 1.46 Phase-Out - shall mean a reduction in the dollar value of the credit per barrel-of-oil equivalent allowed for the Coke Plant production by reason of section 29(b) of the Code. 

1.47 Proposed Adjustment - shall mean an adjustment proposed on the earlier of a written proposed audit finding (PAF), revenue
agent’s report (RAR), 30-day letter, statutory notice of deficiency or their equivalent. 
 1.48 Proposed Price -
shall have the meaning provided herein at Section 3.1(e)(1). 
 1.49 Purchaser - shall have the meaning set forth in
the introduction to this Coke Purchase Agreement. 
 1.50 Qualified Ovens - shall mean coke ovens that are described in
section 29(g) (1) and (2) of the Code. 
 1.51 Section 29 Tax. Credits - shall mean U.S. federal income
tax credits provided for in section 29 of the Code. 
 1.52 Stockpiled Coke - shall have the meaning provided herein at
Article VIII. 
 1.53 Tax Rate Adjustment Factor - shall mean a fraction, the numerator of which is, ***** minus the
income tax rate utilized in the Partnership Agreement in determining the after-tax amount of the Initial Investor’s return on the date of the Credit Discount, and the denominator of which is, ***** minus the income tax rate utilized in the GP
Indemnity Agreement or the Partnership Agreement in determining the after-tax amount of the Initial Investor’s return or a tax indemnity payment, as appropriate, on the date of the Credit Discount Reimbursement. 

1.54 Ton, or Tonnage - shall mean, with respect to Coke purchased pursuant to this Coke Purchase Agreement, a short ton of
two thousand (2,000) pounds of Coke at *****percent (*****%) moisture content. All tonnages of Coke sold pursuant to this Coke Purchase Agreement shall be adjusted to *****percent (*****%) in accordance with the following formula: 

***** (*****%*****/ *****% = Tonnage. 
 1.55 Total Coke Plant Capital Cost - shall mean the Seller’s initial capital investment (not to exceed One Hundred Eighty Six Million Dollars ($186,000,000) reduced by the amount of liquidated
damages received by the Seller from the general contractors for construction of the Coke Plant) required to build and operate the 

  
 7 

 
Coke Plant together with organization and start-up costs (but not to exceed $1,500,000 net of any state training incentives), together with subsequent capital investments made by Seller as shown
in the Computer Model attached hereto as Schedule 5.1(c); and additional capital expenditures as required from time to time by changes in applicable law, regulations or regulatory orders (or changes in official interpretations thereof). 

1.56 Written or in writing shall mean any form of written communication or a communication by means of telex, telecopier
device, telegraph or cable. 
 ARTICLE II 
 Term 
 2.1 Initial Term. Except as otherwise provided herein, this Coke
Purchase Agreement shall be in full force and effect from the date hereof, and thereafter for an initial term (the “Initial Term”) of fifteen (15) years commencing from the first to occur of: 

(a) the later of the date of Initial Full Production and the Tolling Commencement Date under that certain Tolling
Agreement, dated of even date herewith, between Purchaser and Cokenergy, Inc., an Indiana corporation (“Cokenergy”); or 
 (b) January 1, 1999. 
 2.2 Renewal Option. Purchaser is hereby granted
the right to renew the term of this Coke Purchase Agreement at a contract price that is mutually acceptable to both Purchaser and Seller. The contract price during any such renewal term will: 

(a) be based on methodology for calculation substantially similar to that set forth herein at Article V; 

(b) accommodate the Coke Plant’s need for new capital expenditures (calculated using a *****% after tax rate of
return to Seller) and amortized over the remaining economically useful life of the Coke Plant; and 
 (c) enable
Seller to realize the residual value as determined by the Computer Model attached hereto as Schedule 5.1(c), amortized over the remaining economically useful life of the Coke Plant. 

At least twenty-four (24) months prior to the expiration of the Initial Term, Purchaser must give notice to Seller of
Purchaser’s intent to renew, specifying a renewal term not less than three but not more than ten years in duration. Seller will reply within thirty (30) days following receipt of Purchaser’s notice of intent to renew, and in so
replying Seller shall specify the required additional capital, the approximate projected economically useful life remaining and a proposed contract price for Coke in accordance with subsections 2.2(a), (b) and (c) above and the Parties
hereby agree to use their commercially reasonable good faith efforts to negotiate a mutually 

  
 8 

 
acceptable contract price to apply during such renewal term. If Purchaser fails to give notice of its intent to renew twenty-four (24) months prior to expiration of the Initial Term, such
failure shall operate as a conclusive waiver of Purchaser’s right to renew. 
 ARTICLE III 

Quantity 
 3.1
Take or Pay Basis. During the term of this Coke Purchase Agreement, and subject to the terms and conditions hereof (including without limitation, the provisions relating to Purchaser’s No. 7 Blast Furnace set forth in Article XI
hereof), Seller shall sell and deliver, on a take or pay basis, and Purchaser shall buy and accept delivery of Coke from Seller on a take or pay basis, in the amount of the Minimum Coke Purchase Requirement for each relevant Contract Year
period. Should Purchaser fail to take the Minimum Coke Purchase Requirement tendered for any monthly period, Purchaser shall nonetheless be obligated to pay the Contract Price for Purchaser’s Minimum Coke Purchase Requirement for such monthly
period. 
 It is specifically understood that: 

(a) Subject to the Force Majeure provisions herein contained, Seller’s contractual obligation hereunder is to sell
Coke to Purchaser in the amount of the Minimum Coke Purchase Requirement without regard to the actual amount of Coke produced by the Coke Plant. To the extent practicable, Seller will satisfy its obligation to deliver the required Coke Tonnages with
Coke produced at the Coke Plant. 
 (b) Should Seller fail to deliver approximately 21,000 Tons per week, for any
period of two or more consecutive weeks, Purchaser shall have the right to secure such deficit from any other source and, in addition to any other rights and remedies hereunder, Purchaser shall be entitled to recover from Seller the amount, if any,
by which the purchase price, together with any and all reasonable costs actually incurred by Purchaser in securing such substitute Coke exceeds the Contract Price determined without regard to Section 5.1(e). 

(c) If Purchaser wrongfully rejects the Coke, Seller shall have the right to sell such Coke to third parties, and, in
addition to any other rights and remedies hereunder, Seller shall be entitled to recover from Purchaser: 
 (1) A
penalty in the amount of *****Dollars ($*****) per Ton for such wrongly rejected coke; and 
 (2) the full
Contract Price of such rejected Coke net of resale proceeds, if any, (adjusted for handling losses) and sales of nut coke and breeze. The Purchaser shall not be 

  
 9 

 
entitled to receive any discount described herein at Section 5.1(e) relating to Section 29 Tax Credits that may be available in connection with any resale by Seller of such rejected
Coke to third parties. 
 (d) In the event that Seller is unable to satisfy its contractual
obligation to deliver the Minimum Coke Purchase Requirement solely from Coke produced by the Coke Plant, Seller will provide Purchaser with advance written notice of such inability, together with an indication of whether or not Seller is reasonably
likely to secure the deficit from a probable alternate source (and identification of any such probable alternate source, if possible). Seller will use commercially reasonable efforts to secure any such deficit from an identifiable producer. Such
notice shall also include the delivered price for such Coke. Within five (5) days of its receipt of such notice from Seller, Purchaser will inform Seller in writing whether or not Purchaser will accept delivery from Seller of Coke meeting the
Coke Quality Specifications, but not produced by the Coke Plant. If Purchaser elects not to accept delivery from Seller of such Coke produced by sources other than from the Coke Plant, Seller will be relieved of any delivery obligation under this
Coke Purchase Agreement with respect to such Tonnage, and Purchaser will not be entitled to receive from Seller any reimbursement of costs incurred by Purchaser in securing substitute Coke other than a rebate equal to the lesser of (1) the
excess, if any, of the delivered price of the substitute Coke proposed by Seller over the Contract Price, and (2) the excess-, if any, of the delivered price of the substitute Coke actually purchased by Purchaser over the Contract Price.

 (e) Although the Parties anticipate that Coke purchased hereunder will be used for Purchaser’s own
operation, Purchaser may resell to third parties as follows: 
 (1) Purchaser will notify Seller of the amount of
Coke Purchaser desires to resell and Seller shall use its reasonable good faith efforts to obtain the most favorable price on any such resale and shall not discriminate against Purchaser in favor of any other party (including Seller) for whom Seller
is selling coke. Within sixty (60) days of Purchaser’s notice, Seller shall notify Purchaser of the bona fide price at which Seller is able to sell such Coke (the “Proposed Price”), and in respect of any such resales, Purchaser
shall pay Seller a commission (the “Commission”) in addition to the Contract Price equal to *****dollars per Ton ($*****per Ton) resold, but not greater than the excess, if any, of the resale price per Ton over the Contract Price per Ton.

 (2) If Seller’s Proposed Price is unacceptable to Purchaser, then Purchaser may resell such Coke on its
own account and pay Seller as the “Commission” an amount equal to 

  
 10 

 
***** (*****) of the Commission that would have been payable to the Seller based upon the Proposed Price. Purchaser will use its reasonable good faith efforts to obtain a price that exceeds the
Proposed Price. 
 (3) The Commission will be paid to Seller within five (5) Business Days of
Purchaser’s receipt of payment for such resold Coke. 
 (4) If Seller does not provide Purchaser with a
Proposed Price within sixty (60) days of Purchaser’s notice pursuant to Section 3.1(e)(1), then Purchaser may resell such Coke for its own account, and no Commission will be payable to Seller in respect of such resold Coke.

 3.2 Option to Purchase Available Excess Production. Provided that Purchaser uses substantially all, but in no
event less than ***** (*****) Tons of Minimum Coke Purchase Requirement Tonnage (or such lesser tonnage as actually produced by the Coke Plant) in any one Contract Year period (determined on a ratable basis during each Contract Year) for its
No. 7 Blast Furnace or other facilities at its Indiana Harbor Works location, or such failure by Purchaser to use more than ***** (*****) Tons results solely from a Force Majeure event or planned furnace reline at Purchaser’s No. 7
Blast Furnace pursuant to Section 11.2, then Purchaser may, at its option, purchase and accept from the Seller, for Purchaser’s own use (and not for resale), and Seller shall sell and deliver to Purchaser, such additional quantities of
Coke produced by the Coke Plant as may be available in excess of Purchaser’s Minimum Coke Purchase Requirement for the relevant Contract Year period. The purchase price per Ton for any such available excess Coke shall be equal to the Contract
Price determined without regard to Section 5.1(e) hereof, less a discount equal to *****percent (*****%) *****. 
 Seller
will notify Purchaser in writing approximately six (6) months prior to the beginning of each calendar quarter, as to the quantity of additional Coke, if any, reasonably expected to be available during such calendar quarter. In order to
establish its right to purchase any such available additional quantities of Coke, the Purchaser must deliver to Seller written notice of its commitment to purchase the identified available excess quantities of Coke on or before the thirtieth
(30th) day following Seller’s original notice to Purchaser. Delivery of such notice of commitment by the Purchaser shall be irrevocable and shall be binding on the Purchaser for all purposes of this Coke Purchase Agreement. If Seller does
not receive Purchaser’s notice of commitment to purchase within such thirty (30) day period, Purchaser shall be deemed to have declined its option to purchase the available additional quantities of Coke previously identified by Seller. Any
Tonnages of Coke purchased by Purchaser pursuant to the provisions of this Section 3.2, regarding Purchaser’s option to purchase excess production, shall not be counted towards those Tonnages of Coke needed to fulfill the Purchaser’s

  
 11 

 
Minimum Coke Purchase Requirement during any Contract Year period. In the event Purchaser declines additional or excess Coke pursuant to this Section 3.2 (or is not entitled to purchase such
excess Coke), Seller shall be relieved of any obligation under this Coke Purchase Agreement to produce such additional or excess Coke. 
 In the event that Purchaser should resell to third parties ***** (*****) Tons or more of the Coke purchased under this Coke Purchase Agreement in any one Contract Year, Purchaser will have no option to
purchase excess Coke produced at the Coke Plant during such Contract Year. Any excess Coke produced by the Coke Plant and not purchased by Purchaser for its own use pursuant to this Section 3.2 may be sold by Seller for its own account.

 ARTICLE IV 
 Coke Quality 
 4.1 Coke Quality Specifications. All Coke purchased and sold
under this Coke Purchase Agreement shall conform to the quality requirements set forth on Schedule 4.1 (the “Coke Quality Specifications”), based on Purchaser’s laboratory analysis. If Purchaser’s chemical analyses do not agree
with Seller’s chemical analyses, Purchaser and Seller will attempt to harmonize the discrepancies, to determine the actual quality of the Coke delivered, and/or to mutually agree on appropriate adjustments. If Purchaser and Seller are unable to
agree as to the chemical quality of Coke delivered, both Seller’s and Purchaser’s laboratories will analyze mutually agreed upon, certified standard samples of the chemical quality parameter in dispute. Both laboratories will adjust their
laboratory equipment and/or procedures to conform to the value of the certified standard sample. 
 4.2 Adjustments to
Specifications. Seller and Purchaser each acknowledge that several of the Coke Quality Specifications are dependent upon the coal blend used at the Coke Plant. From time to time, seller and Purchaser shall jointly develop the blend of coals to
be used at the Coke Plant and shall mutually agree upon any required or resulting changes to the Coke Quality Specifications. Seller shall not alter the coal blend without the prior written approval of Purchaser, which will not be unreasonably
withheld or delayed. Seller shall give Purchaser prompt written confirmation of any changes in the coal blend. 
 4.3
Conformance to Quality Specifications. Conformance to Coke Quality Specifications will be determined based on samples taken and analyzed by Seller as follows: 
  

					
	 Coke Quality Parameter
	  	 Measurement and Sample Frequency
	  	 Method

of

Analysis

  
 12 

					
			
	 *****
	  	***** (*****)***** (*****)*****	  	*****
			
	 *****
	  	***** (*****)*****	  	*****
			
	 *****
	  	*****	  	*****
			
	 *****
	  	***** (*****)*****	  	*****

 4.4 Quality Program. Seller shall participate in Purchaser’s Quality Conformance Program,
which utilizes statistical process control methods. Seller’s participation shall require the following: 

(a) Seller shall furnish daily and weekly quality data directly to Purchaser. 

(b) Seller shall have CSR and Stability tests performed in a manner consistent with procedures provided by Purchaser.
Purchaser’s Lab will be the control Lab. 
 (c) Seller shall furnish Purchaser a monthly quality report in
Purchaser’s designated format, an example of which is attached hereto as Schedule 4.4(c) and incorporated herein by this reference, by the tenth (10th) day of the following month. The format shall be reviewed on an annual basis.

 (d) Whenever any delivery does not conform to the Coke Quality Specifications, Seller shall immediately
furnish Purchaser with an off-spec report in Purchaser’s-designated format, an example of which is attached hereto as Schedule 4.4(d) and incorporated herein by this reference, defining parameter, time, cause and corrective action. 

(e) Seller will report analyses of Coke to Purchaser using Purchaser’s SPP formats, examples of which are attached
hereto as Schedule 4.4(e) and incorporated herein by this reference, and will modify such formats as necessary. 

(f) Seller and Purchaser will exchange samples for round robin testing between labs on a monthly basis. 

4.5 Duality Committee. Seller shall accommodate quality audits and customer/supplier meetings with Purchaser, which will be held
as often as required and at least quarterly, during which appointed representatives of Seller and Purchaser shall review performance to Coke Quality Specifications, changes to Coke Quality Specifications and coal blends. 

  
 13 

 4.6 Right to Reject. Purchaser, at its sole option, may reject any Coke that exceeds
(higher or lower) one or more of the Reject Values specified in Schedule 4.1 attached hereto. Any such Coke will be considered unusable under the terms of this Agreement; provided, however, that: 

(a) Purchaser shall be entitled to the benefit of the discount for Section 29 Tax Credits, if any, under Article V
with respect to such rejected Coke to the extent such rejected Coke is sold by Seller to other than Purchaser and Seller replaces the rejected Coke with Coke not qualifying for the Credit Discount; and 

(b) such rejected Coke will not be counted as satisfying Seller’s minimum delivery requirements under
Section 3.1, unless such rejected Coke is subsequently delivered to, and accepted by, Purchaser. 
 4.7 Price
Adjustments. All Coke which does not meet one or more Coke Quality Specifications, and which is not rejected by Purchaser pursuant to Section 4.6, will be subject to price adjustments based on analyses performed in accordance with
Section 4.3 of this Coke Purchase Agreement, calculated according to the formulas set forth in Schedule 4.7 hereto. 
 4.8
Payment of Price Adjustments. 
 (a) Price Adjustments (Except Alkali and Phosphorus). Seller will
generate and transmit to Purchaser a monthly quality summary within fifteen (15) working days after the end of each month. The quality summary will show by day (delivery) the Tons at *****% moisture, the current price and the delivery qualities
for CSR, Moisture, Sulfur, Ash, Volatile Matter, Mean Size, Size *****, and Size *****, and Bulk Density. Any price adjustments associated with the individual deliveries will be calculated and a monthly total shown. Contemporaneously with the
quality summary, Seller will invoice (debit or credit) Purchaser the amount of the price adjustments. Purchaser shall pay (debit or credit) any such quality price adjustments in immediately available funds on the first (1st) day of the month
succeeding Seller’s transmittal of the quality summary and invoice to Purchaser. 
 (b) Price Adjustments
(Alkali and Phosphorus). The Alkali and Phosphorus analysis will be performed on a weekly basis and reported to Purchaser on a monthly basis as provided herein. No additional documents will be generated unless the Alkali and/or Phosphorus is in the
Price Increase Range or Price Decrease Range. In the event that the Alkali and or Phosphorus is in the Price Increase Range or Price Decrease Range, Seller will generate an Off-Spec Quality Report within fifteen (15) working days after the end
of each month showing the total Tons at *****% moisture, the current price, Alkali/Phosphorus, and the total associated price adjustment. Contemporaneously with the Off-

  
 14 

 
Spec Quality Report, Seller will invoice (debit or credit) Purchaser the amount of the related price adjustment. Purchaser shall pay (debit or credit) any such adjustment in immediately available
funds on the first (1st) day of the month succeeding Seller’s transmittal of such Off-Spec Quality Report and invoice to Purchaser. 
 4.9 Coal Blend and Coal Supply Contracts. Seller will purchase the coals to be included in any such coal blend at fair market value, and will procure at fair market value, such transportation and
blending services as may be needed to deliver the blended coal to the Coke Plant. Seller shall not, without the prior consent of Purchaser, enter into any contracts with terms exceeding two (2) years for the supply of coals to be used in
connection with the production of Coke at the Coke Plant. Such consent of Purchaser shall not be unreasonably withheld. Any of Seller’s contracts (or other purchases) with or from its Affiliates for coal used in the production of Coke shall be
on terms no less favorable to Seller than such terms would be had such contract or purchase been with an unrelated third-party supplier of coal. 
 ARTICLE V 
 Pricing 

5.1 Contract Price Formula. The Parties agree to use their good faith, reasonable efforts to cause the Contract Price to be as low
as commercially feasible. The Contract Price per Ton of Coke sold to Purchaser pursuant to the terms and provisions of this Coke Purchase Agreement shall be the sum of the following items: 

(a) Coal Price Component: The-actual cost incurred by Seller of purchasing the coal blends, together with any transportation, blending, and handling
costs and the costs of any other services actually incurred by Seller as needed to deliver the blended coal to the Coke Plant. This Coal Price Component of the Contract Price will be calculated on a per Ton of coal charged to the oven basis. Coal to
screened Coke yield standards as determined below will be used to convert coal price to coke cost: 
 (1) Seller
and Purchaser agree to test the initial coal blend in the similar cokemaking facility owned by an Affiliate of, Seller to determine initial standards for coke quality and yield. This test will be run utilizing at least ***** (*****) coke ovens for a
duration of at least seven (7) days; and 
 (2) As soon as practical, Seller will run control tests on the
new ovens to determine final quality and yield standards for the initial blend. From time to time, Seller and Purchaser will run subsequent controlled tests and will mutually agree to change the standards as necessary. The testing procedure
described in this subsection 5.1(a)(2) will be followed for any new coal blends. 

  
 15 

 (b) Operating Cost Component: The operating cost per Ton of Coke produced by
the Coke Plant, calculated as the sum of the following items: 
 (1) Budgeted Cost. No later than
January 31, 1998, Seller shall establish a preliminary operating budget on a per Ton basis for the first year of the Initial Term, and such preliminary budget shall be revised during the third full month following Initial Full Production and
such revised preliminary budget shall apply prospectively to periods following the third full month after Initial Full Production. No later than ninety (90) days prior to the end of each subsequent fiscal year, the Seller shall establish an
annual budget on a per Ton basis for the Coke Plant, for the succeeding fiscal year (the “Annual Budget”), based on the following items: 
 (i) historical operations and maintenance history at similar cokemaking facilities operated by Affiliates of Seller; and 

(ii) projected annual Coke production of 1.22 Million Tons at the Coke Plant. 

(iii) labor expenses (which will not be inconsistent with market conditions and Purchaser’s labor relations); and

 (iv) other conditions specific to the Coke Plant. 

  
 16 

 The preliminary budget, and each Annual Budget will set forth estimates with
respect to operating costs, capital expenditures and other similar matters. The preliminary budget and each Annual Budget, as the same may be amended, shall become effective upon the occurrence of the earlier of: (A) the approval in writing by
the Purchaser, or (B) the lapse of thirty (30) business days following notice of such preliminary budget and each Annual Budget to Purchaser. Seller shall use its good faith commercially reasonable efforts to operate the Cake Plant within
the preliminary budget and each Annual Budget, as adopted. 
 If, within thirty (30) business days following
notice by Seller to Purchaser of the preliminary budget and each Annual Budget, the Purchaser notifies Seller in writing of Purchaser’s disapproval of such preliminary budget and each proposed Annual Budget, the Parties shall, within ninety
(90) days of Seller’s receipt of Purchaser’s written notice of disapproval, attempt to resolve their disagreements with respect to specific line item estimates set forth in the preliminary budget and each Annual Budget. Any
disagreements that remain at the end of such ninety (90) day period shall be submitted to binding arbitration in accordance with the procedures established in Article XII hereof. Notwithstanding the foregoing, Seller shall continue to operate
the Coke Plant, within the limitations set forth in the preliminary budget and each Annual Budget for which a disagreement between Purchaser and Seller exists (pending resolution by the Parties or binding arbitration, as the case may be) during any
such period. In the case of an extraordinary event or expenditure which was not reasonably foreseeable by Seller, Purchaser and Seller agree to negotiate in good faith to amend the budget to give effect to increased operating costs resulting from
such event or expenditures. 

  
 17 

 Except for a quarter during which a Fire/Explosion Period occurs and during
which Purchaser has requested a reduction in Coke Plant production, Purchaser shall receive on a quarterly basis a credit with respect to the Contract Price equal to ***** are less than the preliminary budget and each Annual Budget estimate for the
relevant period. Except for a quarter during which a Fire/Explosion Period occurs and during which Purchaser has requested a reduction in Coke Plant production, Purchaser shall be charged on a quarterly basis an amount equal to ***** exceed the
preliminary budget and each Annual Budget estimate for the relevant period. 
 In any quarter during which a
Fire/Explosion Period occurs and during which Purchaser has requested a reduction in Coke Plant Production, Purchaser will be charged for *****. Seller will use good faith reasonable commercial efforts to minimize operating costs incurred during
such period; and 
 (2) Governmental Impositions. Operating Costs shall include all Governmental
Impositions which Seller is not reasonably able to mitigate plus actual costs incurred by the Seller in the course of such mitigation. 
 Any increase in the Coke Plant’s operating cost per Ton as a result of the amendment or revision of any Coke Quality Specifications, will be paid by Purchaser as an adjustment to the Contract Price
of the Coke sold under this Coke Purchase Agreement. Likewise, Purchaser will be entitled to an adjustment to the Contract Price of the Coke sold under this Coke Purchase Agreement in an amount equal to *****. 

(c) Return on Capital Component: The projected cost per Ton will provide Seller with a ***** percent (*****%) after-tax
return on the total Coke Plant capital cost (using internal rate of return method of calculation) (the “Total Coke Plant Capital Cost”) and will be fixed for the term of this Coke Purchase Agreement. The Return on Capital Component will be
computed based on a ***** percent (*****%) combined federal/state tax rate. The Parties agree to negotiate in good faith an adjustment to the assumed tax rate and corresponding change in the Return on Capital Component if a tax in lieu, in whole or
in part, of an income tax is imposed. 
 During the period covered by the preliminary budget the Return on
Capital Component will be determined by Seller’s good faith estimate of Total Coke Plant Capital Cost. During the third full month of Initial Full Production the Final Return on Capital Component will be calculated using the Computer Model
attached hereto as Schedule 5.1(c). The Tons of Coke sold in 1998 shall equal Seller’s good faith projection of 1998 Tons sold as projected in the third full month following Initial Full Production. In the event of any additional capital
expenditures required by applicable law or regulation, the Computer Model will be used to recalculate a new rate of return (over the remaining economically useful life of the Coke Plant) taking into account such additional capital expenditures.

 (d) [Intentionally Omitted]. 

(e) Discount for Section 29 Tax Credits: 

(1) In the event that: 
 (i) Coke produced by the Coke Plant and sold to parties unrelated to Seller qualifies for a tax credit under Section 29 of the Code, and an investor (together with its successors and assigns, the
“Initial Investor”) acquires an interest in Seller (such investment being the “Initial Investment”), the Contract Price per Ton of Coke delivered hereunder will be reduced during the Discount Period by the Credit Discount
attributable to Coke produced by the Coke Plant from Qualified Ovens; provided, however, that the Credit Discount will not be attributable to Coke produced from Qualified Ovens in the Coke Plant in excess of 1.22 Million Tons during any
twelve (12) month period commencing on or after Initial Full Production (pro-rated for shorter periods). Seller shall use its good faith efforts to obtain an Initial Investment and subsequent investments on commercially reasonable terms to
Seller, GP and GP’s Affiliates for transactions involving facilities, of this type and which takes into account the availability to the Initial Investor of tax benefits (including, without limitation, credits available pursuant to
Section 29 of the Code). The terms, conditions and pricing of such Initial Investment shall be structured by Seller, in its sole discretion, taking into account opportunities to minimize the Contract Price and amounts payable by Purchaser
hereunder, Seller will consult with and keep Purchaser informed regarding the progress and proposed terms of the proposed Initial Investment and subsequent investments. 

  
 18 

 (2) “Discount Period” shall mean the period commencing on the date
of the Initial Investment and ending on the Flip 1 Date. 
 (3) The “Credit Discount” shall mean the
amount determined in accordance with Schedule 5.1(e) attached hereto and made a part hereof, but in no event exceeding ***** Dollars ($*****) per Ton. For the period commencing on the date of the Initial Investment and ending with the end of the
fifth full calendar month following the later of Initial Full Production or the date of the Initial Investment, a tentative discount will equal ***** Dollars ($*****) per Ton, to be adjusted at the end of such period to reflect the actual Credit
Discount, with an excess to be recovered by Seller by an increase in the Contract Price per Ton on the next issued invoice, plus interest at ***** basis points over the ninety (90) day U.S. Treasury bill, as quoted by the Wall Street Journal on
the first business day of each month. Notwithstanding the foregoing, if the Initial Investment occurs on or before February 28, 1998, then during the period beginning on the date of the Initial Investment and ending on the earlier of
June 30, 1998 or the date of Initial Full Production, the Credit Discount will be reduced by ***** Dollars ($*****) per Ton. 

  
 19 

 If the dollar value of Section 29 Tax Credits that is allocable to the
Initial Investor will be less than the dollar value of Section 29 Tax Credits that would have been allocable to the Initial Investor if such a reduction had not occurred, whether as result of a Change of Law, Phase-Out, Disallowance, or
otherwise, or if a Proposed Adjustment is made that if sustained would result in such a reduction of Credits, then the Credit Discount attributable to future deliveries of Coke hereunder shall be reduced by an amount equal to the Credit Discount
determined without regard to this sentence multiplied by the Disallowance Percentage (the “Disallowed Discount”). To the extent that it is subsequently determined that such reduction (other than a reduction due to a Proposed Adjustment) in
the Credit Discount is not applicable, Seller shall pay Purchaser an amount equal to the Disallowed Discount attributable to such determination, plus interest at a rate equal to the ***** plus ***** basis points. 

Notwithstanding the foregoing, in the case of a Proposed Adjustment, an amount equal to the otherwise Disallowed Discount
shall be deposited into the escrow account as described in Article IX. Upon the Final Determination regarding such Proposed Adjustment, Seller and Purchaser shall direct the Escrow Agent to disburse to Purchaser an amount attributable to the portion
of the Proposed Adjustment not so sustained together with the Net Earnings thereon and the remainder to Seller together with the Net Earnings thereon. 
 The Credit Discount shall be reduced under this Section 5.1(e)(3) only in the case where the Initial Investor is protected from the loss or reduction in value of the Section 29 Tax Credits
whether by means of a tax indemnity payment by GP, an extension of an Investor flip date or sharing phase or otherwise. 
 (4) On or before thirty days after the later of the date of the Initial Investment or the end of the third full month following Initial Full Production, Seller will compute the Credit Discount and provide
Purchaser with written notice of the amount of the discount as well as a copy of the relevant calculation of the discount. 
 (5) In the event that: 
 (i) the Initial Investor or a new
investor makes an investment in the Seller subsequent to the Initial Investment, whether by contribution or a purchase of a partnership interest; and 
 (ii) Coke produced by the Coke Plant and sold to parties unrelated to Seller continues to qualify for a credit under Section 29 of the Code, 

Seller and Purchaser will negotiate a discount to the Contract Price per Ton in an amount and for a period consistent with the provisions
of this subsection (e) and Schedule 5.1(e) hereto, as well as a related credit discount reduction and reimbursement provisions consistent with the provision of Section 5.1(e)(3) and (6) hereof. 

During any period in which GP and Indiana Harbor Coke Corporation in the aggregate have an allocable share of Partnership
revenue in excess of ***** percent (*****%), and an affiliated group filing a consolidated federal income tax return of which GP or Indiana Harbor Coke Corporation is a member, realizes an incremental cash tax benefit due to Section 29 Tax
Credits attributable to the Coke Plant determined by comparing the consolidated cash tax liability due with and without its allocable share of the Section 29 Tax Credits attributable to the Coke Plant, Seller and Purchaser agree to negotiate in
good faith a discount to the Contract Price reflecting an equal sharing of such incremental benefit, to be adjusted as such consolidated tax liability is adjusted by audit, appeal, and court decision and which will include a provision whereby the
independent accountants for the affiliated group including such partners will certify to Purchaser, based upon the tax returns actually filed by such group, the actual incremental cash tax benefits received by such group, and will not provide for
audits by such accountants of Purchaser. 

  
 20 

 (6) 

(i) If there is any loss, Disallowance or reduction in the dollar value of Section 29 Tax Credits with respect to
Coke production previously allocated to the Initial Investor, then Purchaser shall repay the Credit Discount to Seller in an amount equal to the Credit Discount claimed by Purchaser during the period to which the loss, Disallowance or reduction in
value relates, multiplied by the Disallowance Percentage times the Tax Rate Adjustment Factor, plus interest computed on the amount of the Credit Discount to be refunded before adjustment by the Tax Rate Adjustment Factor, from the date that
Purchaser received the Credit Discount to the date of repayment at the rate provided in (ii) below (the “Credit Discount Reimbursement”); provided, however, that Purchaser shall not be required to make any payment with respect to any
Disallowance of Section 29 Tax Credits being contested by GP or the Initial Investor prior to a Final Determination of such proposed adjustment, provided, further that the Credit Discount Reimbursement shall be made only in the case where the
Investor is protected from the loss, Disallowance or reduction in dollar value of Section 29 Tax Credits whether by means of a tax indemnity payment by GP, an extension of an Investor flip date or sharing phase or otherwise 

(ii) In the event that GP is required to make a payment to the Initial Investor pursuant to the GP Indemnity Agreement
relating to any loss, Disallowance or reduction in the dollar value of Section 29 Tax Credits, the applicable interest rate shall be the underpayment rate for large corporate underpayments as provided in section 6621(c) of the Code or its
equivalent. If GP is not required to make such a payment to the Initial Investor and the loss, Disallowance or reduction in the dollar value of the Section 29 Tax Credits is equal to or greater than ***** percent (*****%) of the aggregate
Section 29 Credits that would have been allocable to the Initial Investor without regard to such loss, Disallowance or reduction, the applicable interest rate shall be equal to the Investor’s Percentage Return in the Computer Model. In all
other cases the applicable interest rate shall equal the ***** plus ***** basis points. 
 (iii) In the event
that either the IRS proposes in writing an adjustment to any Partnership item of income, deduction or credit or GP receives notice from the 

  
 21 

 
Initial Investor that it has received a notice in writing from the IRS of an adjustment, that, if agreed to by the Partnership or the Initial Investor, would result in a Credit Discount
Reimbursement by Purchaser pursuant to this Agreement, Seller shall promptly notify Purchaser in writing of such proposed adjustment and of any action taken or proposed to be taken by the IRS with respect thereto. Purchaser will cooperate with GP
and the Initial Investor in the contest of such item. In the event that the proposed adjustment is to be contested by the tax matters partner of the Partnership, Purchaser shall have the right to retain counsel, at its expense, to advise it with
respect to the proposed adjustment, and GP shall keep Purchaser and its counsel informed as to the progress of such contest, give Purchaser and its counsel the opportunity to review and comment in advance on written submissions, filings and proposed
settlements that relate to such proposed adjustment, and consider in good faith any suggestions made by Purchaser or its counsel. Likewise, in the event that the proposed adjustment is to be contested by the Investor, Purchaser shall have the right
to retain counsel, at its expense, to advise it with respect to the proposed adjustment, and GP shall, to the extent not inconsistent with the rights GP has from the Investor, keep Purchaser and its counsel informed as to the progress of such
contest, give Purchaser and its counsel the opportunity to review and comment to GP in advance on written submissions, filings and proposed settlements that relate to such proposed adjustment, and consider in good faith any suggestions made by
Purchaser or its counsel. GP agrees to administratively contest any adjustment proposed in a partnership proceeding that, if sustained, would result in a Credit Discount Reimbursement and agrees to litigate such proposed disallowance (the particular
court chosen being at the discretion of the GP) to the extent it cannot be administratively settled on reasonable terms, unless the GP receives a reasoned opinion of recognized outside tax counsel of Seller that there does not exist a reasonable
possibility of success with respect to such matter. GP also agrees to appeal any adverse court decision unless Seller delivers to Purchaser a written reasoned opinion of recognized outside tax counsel of Seller to the effect that it is more likely
than not that the appeal will not be successful. Purchaser shall reimburse Seller an amount equal to the Applicable Percentage multiplied by all reasonable third party costs and out-of-pocket expenses 

  
 22 

 
that GP incurs in connection with the contest of such proposed adjustment by itself or by the Initial Investor including, without limitation, reasonable legal, witness and accounting fees and
expenses, and in the case of proceedings before the Court of Federal Claims or Federal District Court, the amount of tax for which refund is claimed, any deposit related to such proceedings and any applicable interest, and in the case of appeal of a
Tax Court decision, the cost of any bond filed pursuant to section 7485 of the Code or similar expense, payable within twenty (20) Business Days of invoice including a detailed description of the amount set forth in the invoice. , To the extent
that such proceedings are resolved unfavorably to the IRS, Seller shall repay to Purchaser such amount of tax, deposit, bond, or similar item, together with any interest received with respect thereto. In no event shall Purchaser’s ultimate
liability for interest under Section 5.1(e)(6) hereunder, but without regard to interest payable at the Overdue Rate, exceed that stated in Section 5.1(e)(6)(ii), with reconciliation and any payment due as a result thereof by Seller to
Purchaser to be made within twenty (20) Business Days of the Final Determination of a proposed adjustment. Notwithstanding the foregoing, the GP may settle any disallowance or terminate any proceedings described in this paragraph in good faith,
or consent thereto in good faith where the proposed adjustment is contested by the Initial Investor. 
 (iv)
During any period in which Purchaser is in default of its obligations under subparagraph 5.1(e)(6)(i) above for more than thirty (30) days, Purchaser shall deposit the entire amount of any applicable Credit Discount to the escrow account
established pursuant to the provisions of Article IX hereof, and the amount thereof shall be deposited with Escrow Agent pursuant to the Escrow established under Article IX hereof, until Purchaser ceases to be in default of such obligations under
subparagraph 6(i), whereupon the Escrow Agent, upon direction by Seller and Purchaser, shall disburse such amount, together with the Net Earnings thereon to Purchaser. 

(v) Payments required by Section 5.1(e)(6) shall be made by electronic bank transfer in immediately available funds
in accordance with instructions provided by Seller, and shall be made within ten business days of Seller’s notice to Purchaser of its liability hereunder. Seller’s notice of payment due

  
 23 

 
under this subsection will include an explanation of the events resulting in Purchaser’s obligation hereunder and a reasonably detailed computation of the amount of such obligation. Late
payments will be subject to interest at the Overdue Rate. 
 (f) Certain Revenues. As part of the monthly
billing and invoicing procedures described herein in Article VII, during the term of this Coke Purchase Agreement, operating costs for any one month period will be credited with the amount of ***** multiplied by a percentage, the numerator of which
will be ***** and the denominator of which will be *****. 
 5.2 Intention of the Parties. Unless otherwise specifically
provided for in this Coke Purchase Agreement, the Parties acknowledge that it is their intention that Purchaser shall have the benefit of the Credit Discount for the number of Tons of Coke purchased by the Purchaser but not exceeding the lesser of:

 (a) 1.22 Million Tons; 
 (b) or the number of Tons of Coke produced by the Coke Plant per Contract Year. 
 Notwithstanding
any other provision of this Coke Purchase Agreement, the intention of the Parties as stated herein shall be given effect hereunder. 
 ARTICLE VI 
 Delivery and Shipment 

6.1 Equal Daily Deliveries. Deliveries of Coke supplied under this Coke Purchase Agreement shall be in
approximately equal daily increments during the relevant Contract Year period. It is expressly understood and agreed that the Coke delivered under this Coke Purchase Agreement will, pursuant to Purchaser’s designation, be delivered to the
conveyor belting leading to Purchaser’s No. 7 Blast Furnace, into railcars for subsequent delivery to Purchaser, at Purchaser’s instruction in accordance with Article VIII hereof into a stockpile, or, at Purchaser’s cost, to any
other location designated by Purchaser. 
 6.2 Weights. All deliveries of Coke from the Coke Plant will be weighed by
Seller’s belt scales. These weights shall govern and shall be used by Seller in invoicing the Coke delivered hereunder from the Coke Plant. Such scales shall be properly inspected and certified at intervals of not more than six (6) months.
Following each inspection, a certification or record of certification shall be promptly forwarded to Purchaser, with a copy to Seller. 
 6.3 Title and Risk of Loss. Title and all risk of loss, damage or destruction with respect to the Coke sold hereunder will pass to Purchaser when such Coke has been delivered in accordance with
Section 6.1 of this Coke Purchase Agreement. 

  
 24 

 ARTICLE VII 
 Billing and Payment 
 7.1 Payment Terms and Invoicing. 

(a) From the date of this Agreement until December 31, 2007, on the fifteenth (15th) day of each month, Seller
shall transmit to Purchaser a provisional invoice on a monthly basis for the amount due for the quantity of Coke purchased by the Purchaser during the immediately preceding month and such amount shall be due and payable in immediately available
funds on the first business day of the month following the month during which such provisional invoice is transmitted to Purchaser. Final adjustments to the provisional invoice will be made on a final invoice delivered to Purchaser contemporaneously
with the next month’s provisional invoice. Positive adjustments (in favor of Purchaser) will be credited to Purchaser’s account and deducted from any amount due on the current provisional invoice. Negative adjustments (in favor of the
Seller) will be payable in immediately available funds on the first business day of the month following the month in which such final adjustments have been transmitted to Purchaser. 

(b) On and after January 1, 2008, on the fifteenth (15th) day of each month, Seller shall transmit to Purchaser
a provisional invoice on a monthly basis for the amount due for the quantity of Coke purchased by the Purchaser during such month and such amount shall be due and payable in immediately available funds on the last business day of the month during
which such provisional invoice is transmitted to Purchaser. Final adjustments to the provisional invoice will be made on a final invoice delivered to Purchaser contemporaneously with the next month’s provisional invoice. Positive adjustments
(in favor of the Seller) will be payable in immediately available funds on the last business day of the month during which such final adjustments have been transmitted to Purchaser. 

(c) All invoices shall be mailed to the following billing address for Purchaser: 

 

			
	Inland Steel Accounts Payable
	
	P.O. Box 261249
	
	Plano, TX 75026-1249
		
	FAX:	  	(972) 605-0122
		
	Confirm:	  	(972) 605-0113

  
 25 

 with a copy to Inland Steel Company at the address for notices to Purchaser as set forth in
the Notices provisions of Section 15.1 hereof. Interest shall accrue at the rate of prime plus two percent (2%) as quoted by Chase Manhattan Bank, New York (the “Overdue Rate”) on any amounts payable by the Purchaser to the
Seller pursuant to this Section 7.1 from the date such amount is determined to have been due through but excluding the date on which payment of such amount is made. Should Purchaser fail to take the Minimum Coke Purchase Requirement for any
monthly period, Purchaser shall nonetheless be obligated to pay the Contract Price for Purchaser’s Minimum Coke Purchase Requirement for such monthly period. 
 7.2 No Set-Off. Unless an Event of Default on the part of the Seller is continuing, the payment by the Purchaser of amounts due under this Agreement shall not be subject to any defense,
counterclaim, recoupment, right of setoff or other condition of any nature whatsoever. 
 ARTICLE VIII 

Stockpiled Coke 

8.1 Stockpiled Coke. In the event Purchaser is prevented from accepting shipments of Coke which it has purchased under this Coke
Purchase Agreement, Purchaser shall have the right, upon eight (8) hours prior notice to Seller, to instruct Seller to stockpile the Coke at the Coke Plant (the “Stockpiled Coke”) as a result of general business conditions or other
factors. Stockpiled Coke shall be rescreened and Purchaser and Seller shall cooperate in scheduling the shipment of Stockpiled Coke and production Coke in order to reduce the volume of Stockpiled Coke in an orderly manner throughout the term of this
Coke Purchase Agreement. With respect to Stockpiled Coke, Purchaser will pay the Contract Price for such Coke as though the Coke had been delivered to Purchaser for that month. Purchaser shall reimburse Seller for the actual costs incurred by Seller
in connection with the handling of such Coke. The Parties hereby acknowledge and expect that some amount of Stockpiled Coke will be lost as a matter of course, incidental to handling and transportation. Any such loss of Stockpiled Coke will be borne
by the Purchaser. In reclaiming Stockpiled Coke, it is understood that there will be no guarantee of the specification regarding moisture. Additionally, if such Stockpiled Coke is blended with freshly produced Coke, there will be no guarantee
of the specification regarding moisture. 
 ARTICLE IX 
 Escrow Account for Credit Discount 
 9.1 Establishment of Escrow Account.
Pursuant to the terms and provisions of this Coke Purchase Agreement, Purchaser is entitled to receive from Seller the Credit Discount described more particularly in Section 5.1(e) hereof. In order to induce Seller to enter into this Coke
Purchase Agreement and as further 

  
 26 

 
security for the obligations of Purchaser under Section 5.1(e)(6) hereof, Purchaser hereby agrees that it will tender payment to Seller in the amounts invoiced pursuant to Article VII of
this Coke Purchase Agreement, such invoiced amounts to be calculated using the methodology set forth in Article V giving effect to the provisions of Section 5.1(e) thereof regarding the Credit Discount. 

During the first five (5) calendar years following the availability of any Credit Discount, Purchaser will deposit an amount equal
to *****percent (*****%) of the applicable Credit Discount, if any, into an escrow account established and maintained with a financial institution that performs such services on a routine basis and is mutually acceptable to both Parties (the
“Escrow Agent”). The Purchaser and Seller shall pay equally all costs and fees in regard to this escrow, 

  
 27 

 9.2 Purchaser’s Failure to Reimburse/Indemnify Seller. The Escrow Agent shall
hold the escrowed funds in part as security for the performance by Purchaser of its obligations to pay Seller any Credit Discount Reimbursement or other sums pursuant to Section 5.1(e)(6). 

In the event of any failure of Purchaser to perform with regard to its obligations to reimburse or otherwise indemnify Seller pursuant to
Section 5.1(e)(6) hereof the Escrow Agent, upon receipt of appropriate written instructions pursuant to the Escrow Agreement, shall transfer to Seller the amount specified in such written instructions. To the extent that any escrow account
balance is left following release of such amount to Seller, that balance shall remain in the escrow account. If the funds in the escrow account are insufficient to cover the Purchaser’s liability with regard to such reimbursement or
indemnification obligation, then Purchaser will remain liable to Seller for any deficiency. 
 9.3 Release of Escrow. In
the absence of any failure of Purchaser to perform with regard to its obligations to reimburse or otherwise indemnify Seller pursuant to Section 5.1(e)(6) hereof, and upon the first to occur of any of the following events, the escrow shall be
released, and the Parties shall direct the Escrow Agent to transfer to the Purchaser, all the principal amounts previously deposited into the escrow account under Section 9.1 hereof, together with all Net Earnings accrued thereon from the time
of deposit: 
 (a) five (5) years from the date the Partnership’s federal tax return is filed for the
taxable year in which the Initial Investment is made (the “Designated Year”); 
 (b) issuance of an
examination report for the Designated Year; 
 (c) executed Form 870-P (Agreement to Assessment and Collection of
Deficiency and Tax for Partnership Adjustments) for the Designated Year; 
 (d) issuance of a Notice of Final
Partnership Administrative Adjustment for the Designated Year; or 

  
 28 

 (e) expiration of the statute of limitations for assessments for the
Partnership for the Designated Year. 
 Notwithstanding the foregoing, escrowed amounts will not be released to the extent that
a Proposed Adjustment has been made for any Partnership taxable year that, if sustained, would result in a reduction in the dollar value of Section 29 Tax Credits that otherwise was allocated to the Initial Investor which reduction would give
rise to a reduction in the amount of the Credit Discount or a deposit to the escrow account pursuant to Section 5.1(e) hereof. 
 To the extent that such a Proposed Adjustment is not sustained in a Final Determination, escrowed funds will be released provided that if there is an outstanding Proposed Adjustment for any Partnership
taxable year that, if sustained, would result in a reduction in the dollar value of Section 29 Tax Credits that otherwise was allocated to the Initial Investor, escrowed funds will be retained in the escrow sufficient to cover Purchaser’s
obligations hereunder with respect to such outstanding Proposed Adjustment. 
 9.4 Escrow Agreement. The Parties agree
that any escrow account created in accordance with Section 9.1 hereof shall be established with, and managed by, the Escrow Agent, pursuant to an Escrow Agreement in form and content substantially similar to that attached hereto as Exhibit C.

 ARTICLE X 
 Events of Default 
 Each of the events described in Sections 10.1 through 10.4
(whether voluntary or involuntary or brought about or effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) shall be
an event of default (“Event of Default”) under this Coke Purchase Agreement: 
 10.1 Purchaser’s Failure to
Take or Pay. With respect to Purchaser, the failure of Purchaser to: 
 (a) make any payment required of
Purchaser under this Coke Purchase Agreement; or 
 (b) take or otherwise physically accept delivery of Coke in
accordance with this Coke Purchase Agreement, which failure is not cured or remedied within five (5) days of written notice of same given by Seller; provided, however, that any failure of Purchaser described by this Section 10.1
shall not constitute an Event of Default if: 
 (1) Purchaser has instituted corrective action within such five
(5) day period that is reasonably likely to produce a cure or remedy of such failure; and 

  
 29 

 (2) Purchaser diligently pursues such action until such failure is
corrected, cured or remedied, but in all events not more than thirty (30) days from the date of the written notice of such failure. 
 10.2 Seller’s Failure to Deliver. With respect to Seller, the unexcused failure of Seller to deliver Coke in accordance with this Coke Purchase Agreement, which failure has not been corrected,
cured, or remedied within five (5) days after written notice of such failure has been received by Seller; provided, however, that any failure of Seller described by this Section 10.2 shall not constitute an Event of Default if

 (a) Seller has instituted corrective action acceptable to Purchaser within such five (5) day period that
is reasonably likely to produce a cure or remedy of such failure; and 
 (b) Seller diligently pursues such
action until such failure is corrected, cured or remedied, but in all events not more than thirty (30) days from the date of the written notice of such failure. 
 10.3 Insolvency or Bankruptcy of Purchaser or Seller. If the Purchaser or Seller shall apply for or consent to the appointment of, or the taking of possession by, a receiver, custodian, trustee or
liquidator of itself or of all or a substantial part of its property;: 
 (b) make a general assignment for the
benefit of its creditors; 
 (c) commence a voluntary case under the Bankruptcy Code (as now or hereafter in
effect); 
 (d) file a petition seeking to take advantage of any other law relating to bankruptcy, insolvency,
reorganization, winding-up, or composition or readjustment of debts; 
 (e) take any action for the purpose of
effecting any of the foregoing; or 
 (f) be a party in a proceeding or case shall be commenced against Purchaser
or Seller, as the case may be, without the application or consent of the Purchaser or Seller, as the case may be, in any court of competent jurisdiction, seeking: 

(1) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts;

 (2) the appointment of a trustees receiver, custodian, liquidator or the like of Seller or Purchaser, as the
case may be, of all or any substantial part of its assets; or 
 (3) similar relief in respect of the Purchaser
under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, 
 and such
proceeding or case shall continue undismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue unstayed and in effect, for a period of sixty

  
 30 

 
(60) or more days; or an order for relief against Seller or Purchaser, as the case may be, shall be entered in an involuntary case under the Bankruptcy Code; or 

10.4 Failure to Perform Covenants, Etc. With respect to either Party, any breach in the due performance or observance of, or
compliance with, any other agreement, covenant or provision hereof, which breach has not been corrected, cured or remedied within sixty (60) days after written notice of such breach has been given to the breaching Party by the non-breaching
Party. 
 10.5 Termination for Breach. Except as otherwise provided herein, upon the occurrence of any Event of Default,
that remains uncured or uncorrected and unremedied for the respective periods described in Sections 10.1 through 10.4 hereof, this Coke Purchase Agreement may be terminated at the option of the non-defaulting Party immediately upon the giving of
written notice of termination to the Party in default. The ability of the non-breaching Party to terminate this Coke Purchase Agreement will be in addition to any other remedies such Party may otherwise be allowed by law, or under this Coke Purchase
Agreement. No such termination shall release either Party from any obligations that may have accrued with respect to this Coke Purchase Contract prior to such termination. 
 ARTICLE XI 
 Force Majeure 

11.1 Force Majeure. Neither Party will be responsible for any failure to perform, caused in whole or in part by unforeseeable
causes beyond the control and without the fault or negligence of the Party affected thereby, including: acts of God, acts of the public enemy, insurrections, riots, strikes, lockouts, labor disputes, labor or material shortages, floods,
interruptions to transportation, embargoes, acts of military authorities, or other causes of a similar nature which wholly or partly prevent the production, delivery or transportation of Coke by the Seller, or the receiving, accepting and/or
utilizing of the Coke by the Purchaser. The Party so prevented from complying will give prompt written notice to the other Party of the nature and probable duration of such Force Majeure, and of the extent of its affects on such party’s
performance hereunder; provided, however, that equipment failures of any kind caused primarily as a result of ordinary wear and tear or routine use over an extended period shall not be deemed an event of Force Majeure for purposes of this
Coke Purchase Agreement. 
 Each Party will, in the event it experiences a force majeure event, make all reasonable efforts to
remove such disability as soon as possible (except for labor disputes which will be solely within said Party’s discretion), and once the disability is removed this Coke Purchase Agreement will be reinstated. During any period of Force Majeure
related to Purchaser’s No. 7 Blast Furnace at its Indiana Harbor Works facility, 

  
 31 

 
Purchaser will use Coke from Seller’s Coke Plant to fulfill Purchaser’s Coke requirements to supply its other Indiana Harbor Works blast furnaces, before using any other source of coke.
During any period of Force Majeure relating to Seller’s Coke Plant, all production of Coke from the Coke Plant, up to Purchaser’s maximum take or pay obligation, will be supplied to Purchaser before any Coke from Seller’s Coke Plant
may be sold to third parties. 
 11.2 Special Excuse for Nonperformance by Purchaser. Purchaser’s obligation to
purchase the Coke produced by the Coke Plant will be further qualified by the need, during the term of this Coke Purchase Agreement, to reline Purchaser’s No. 7 Blast Furnace. In order to be entitled to claim the benefit of this
Section 11.2, Purchaser must furnish written notice to Seller at least one (1) year in advance of any contemplated relining of Purchaser’s Blast Furnace No. 7, and such written notice must specify the probable duration of such
relining. During the period necessary to complete the relining of Purchaser’s Blast Furnace No. 7, it being understood that such period shall in no event exceed five (5) months, Purchaser will use its best efforts to utilize the Coke
produced by the Coke Plant in Purchaser’s other blast furnaces. At least two weeks prior to the completion of any relining of Purchaser’s No. 7 Blast Furnace, Purchaser shall notify Seller in writing as to Purchaser’s intended
date of restart of operations at its No. 7 Blast Furnace, so that this Coke Purchase Agreement may be reinstated at the appropriate time. Purchaser will promptly inform Seller in writing in the event of any changes reasonably likely to
delay Purchaser’s intended date of restart of operations at its No. 7 Blast Furnace by more than five (5) days. 

11.3 Major Fire or Explosion. Immediately following any major fire or explosion that Purchaser reasonably believes will render it
wholly incapable of receiving, accepting and/or utilizing Coke at Purchaser’s No. 7 Blast Furnace for a period of at least thirty (30) days duration, Purchaser will furnish Seller with a written notice containing a description of such
fire or explosion, together with Purchaser’s reasonable good faith estimate of the duration of its inability to accept or utilize Coke at Purchaser’s No. 7 Blast Furnace. In such written notice to Seller, Purchaser may elect to reduce
the Minimum Coke Purchase Requirement by up to one-third (1/3) during the period that Purchaser is wholly incapable of receiving, accepting and/or utilizing Coke at Purchaser’s No. 7 Blast Furnace and the additional period referred to
in Section 11.3(e) (these two periods together being the “Fire/Explosion Period”). During the Fire/Explosion Period: 
 (a) Production of Coke from the Coke Plant shall be set at a level to include: 
 (1) the reduced Minimum Purchase Requirement requested by Purchaser pursuant to this Section 11.3; 
 (2) Seller’s pre-existing sales contract amounts; 

  
 32 

 (3) additional amounts requested by Seller, to the extent such
additional amounts are approved by Purchaser; 
 (b) Purchaser will accept delivery of the reduced Tonnages of
Coke it has agreed to take during the Fire/Explosion Period and Purchaser may elect to have Seller resell such purchased Coke to others on Purchaser’s behalf in accordance with Section 3.1(e) of this Agreement; 

(c) Purchaser will pay to Seller an amount equal to the product of the Return on Capital Component of the Contract Price,
multiplied by the difference between: the Minimum Coke Purchase Requirement (calculated on a daily basis and unadjusted by this Section l.3) and the actual level of Coke Plant production during the Fire/Explosion Period; 

(d) Purchaser will continue to receive any Credit Discount available with regard to the Tonnages of Coke actually
purchased and accepted by Purchaser under this Section 11.3; and 
 (e) Purchaser shall notify Seller in
writing as to Purchaser’s intended date of restart of operations at its No. 7 Blast Furnace and, at Purchaser’s election, Purchaser may continue to take Coke at the reduced level for so long as is necessary for Purchaser to utilize
stockpiles of Coke accumulated solely as a result of any major fire or explosion described by this Section 11.3. During any such period of continued reduced taking of Coke by Purchaser, Seller will continue to collect from Purchaser the amount
described by Section 11.3(c). 
 ARTICLE XII 
 Arbitration 
 12.1 Interpretation and Dispute Resolution. 

(a) Any claim or controversy between the parties hereto arising out of or relating to this Agreement or the breach thereof
shall be settled by arbitration in Chicago pursuant to the terms of the United States Arbitration Act, or failing federal jurisdiction, the law of the State of Illinois excluding choice of law rules; 

(b) The Parties shall attempt to agree on the selection of an arbitrator within forty-five (45) days from receipt of
notice of intent to arbitrate. If the Parties cannot agree on an arbitrator then either Party may move to have the arbitrator appointed by the United States District Court for the Northern District of Illinois or, failing federal jurisdiction, by
the Circuit Court of Cook County. Time shall be of the essence in nomination of the arbitrator. 
 (c) The
arbitration award by the arbitrator shall be final and binding, and may include costs, including reasonable attorney’s fees. The Parties hereby submit themselves to the jurisdiction of the United

  
 33 

 
States District Court for the Northern District of Illinois and the Circuit Court of Cook County for all matters relating to any arbitration hereunder. These Courts as well as any other court of
competent jurisdiction, shall have jurisdiction with respect to the enforcement of any arbitrable award and all other matters relating to any arbitration hereunder. 

(d) Any arbitration hereunder shall be conducted in accordance with the rules of the American Arbitration Association,
unless otherwise agreed by the Parties hereto. 
 (e) Upon settlement of a dispute or arbitration award, if it is
determined that an amount is due from one Party to the other, then such amount will promptly be paid to the Party to whom it is due in addition to interest on any such amount accrued form the date such amount is determined to have been due through
but excluding the date on which payment of such amount is made, at the Overdue Rate, as of the date such amount is determined to have been due. 
 ARTICLE XIII 
 Warranties 
 13. Title. Seller warrants that at the time of delivery of the Coke, Seller shall have good title and full right and authority to transfer such Coke to Purchaser and that the title conveyed shall
be good and its transfer shall be rightful and that such Coke shall be delivered free from any security interest or other lien or encumbrance 
 13.1 Quality. Seller warrants that the Coke purchased by Purchaser hereunder shall conform to the coke quality specifications set forth in Schedule 4.1. 

13.2 Limitation of Warranties. THE FOREGOING WARRANTIES IN THIS ARTICLE XIII ARE EXCLUSIVE AND ARE IN LIEU OF ALL OTHER
WARRANTIES, WHETHER WRITTEN OR ORAL, OR IMPLIED OR IN FACT OR IN LAW, AND WHETHER BASED ON STATUTE, CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE. THE WARRANTY OF MERCHANTABILITY AND WARRANTY OF FITNESS FOR PARTICULAR PURPOSE ARE EXPRESSLY EXCLUDED
AND DISCLAIMED. WITH RESPECT TO THE COKE, PURCHASER’S EXCLUSIVE REMEDY FOR BREACH OF THE WARRANTIES SHALL BE LIMITED TO A REFUND OF THE PURCHASE PRICE OR REPLACEMENT OF ALL NONCONFORMING COKE SHOWN TO BE OTHERWISE THAN AS WARRANTED OR DEFICIENT
IN QUALITY. 
 13.3 Suitability. The determination of suitability of the Coke for the use contemplated by Purchaser is
the sole responsibility of the Purchaser, and Seller shall have no responsibility in connection therewith. 

  
 34 

 ARTICLE XIV 
 Conditions Precedent; Early Termination 
 14.1 Conditions Precedent. The
respective obligations of each of the Purchaser and the Seller under this Coke Purchase Agreement are subject to the satisfaction of the following conditions (any or all of which may be waived, subject to applicable law) on or before
November 12, 1996: 
 (a) All appropriate action, corporate and otherwise, necessary to authorize and
approve the transactions contemplated by this Coke Purchase Agreement shall have been taken by each Party and/or such Party’s parent corporation, and each Party hereby represents that none of the actions contemplated by the Coke Purchase
Agreement will violate the relevant provisions of such Party’s charter documents, bylaws, or any resolutions of such Party’s board of directors. 
 (b) The Parties shall have performed in all material respects all obligations contained in this Coke Purchase Agreement to be performed or complied with by each of the Parties respectively prior to
execution hereof. 
 (c) No federal or state court of competent jurisdiction or any governmental authority or
agency shall have enacted or issued a law, rule, regulation, order, decree or ruling, or taken any other action which, in the reasonable opinion of respective counsel to each Party, restrains, enjoins or otherwise prohibits any of the actions
contemplated hereby. 
 (d) a Site Lease, by and between Purchaser and Seller pertaining to the real property on
which the Coke Plant will be located containing provisions requiring Seller’s leasehold interest to convert to a fee simple ownership in the event of an uncured Event of Default, with appropriate terms permitting Purchaser to repurchase the
such real property in the event that Seller should subsequently abandon the Coke Plant; 
 (e) an Environmental
Indemnity Agreement, in form and substance mutually acceptable to the parties by and among Seller, Purchaser and Cokenergy; 
 (f) a Cooperation Agreement, in form and substance mutually acceptable to the parties by and among Purchaser, Seller and Cokenergy; 

(g) a Confidentiality Agreement, in form and substance mutually acceptable to the parties by and among Purchaser, Seller
and Cokenergy; 
 (h) a Guaranty Agreement from Inland Steel Industries, in substantially the form attached
hereto as Exhibit A-1 and a Guaranty Agreement from Sun Company, Inc. in the form attached hereto as Exhibit A-2; 

  
 35 

 (i) a Guaranty Agreement from Elk River Resources, Inc. in substantially the
form attached hereto as Exhibit B; 
 (j) a letter agreement between Seller and Purchaser relating to the
provision of certain non-management employees of Purchaser to Seller; 
 (k) Schedules 4.4 (c), (d) and (e);

 (l) The following agreements, contracts or letters of understanding shall be executed and delivered prior to
or contemporaneously with this Coke Purchase Agreement: 
 (1) an Access, Operating and Fuel Supply and
Processing Agreement by and between Seller and Cokenergy, Inc., an Indiana corporation, pertaining to the operation of an energy facility to be constructed adjacent to the Coke Plant; 

(2) an Engineering, Procurement and Construction Contract between Seller, and Raytheon Engineers & Constructors,
Inc., a Delaware corporation (“Raytheon”), for the construction of the Coke Plant; 
 (3) a Tolling
Agreement between Purchaser and Cokenergy; 
 14.2 Mutual Undertakings. Each Party agrees to use its best efforts to
negotiate, execute and deliver, or to cause to be executed and delivered, the agreements and instruments listed herein in Sections 14.1 (a) through (1) on or prior to November 12, 1996. 

14.3 Early Termination. The Parties each hereby acknowledge that Seller is proceeding on an interim basis specifically to pursue
the site work necessary to evaluate the deep dynamic compaction technique for construction of the Coke Plant. The Parties do not anticipate that the testing necessary to such an evaluation will be completed prior to November 12, 1996. In the
event that either Purchaser or Seller determines that it is no longer feasible to proceed with the construction of the Coke Plant, or in the event that 
 (a) any condition set forth in Sections 14.1 (a) through (1) has not been satisfied; 
 (b) either Purchaser or Cokenergy shall exercise their rights to terminate their Tolling Agreement on or before November 12, 1996; 

(c) either Seller or Raytheon shall exercise their rights to terminate their Engineering, Procurement and Construction
Contract on or before November 12, 1996, or 
 (d) either Seller or Cokenergy shall exercise their rights to
terminate their Access, Operating and Fuel Supply and Processing Agreement, on or before November 12, 1996, 
 then either Party, upon
prior notification to the other Party, may terminate this Coke Purchase Agreement on or before November 12, 1996, without any further obligation to such other Party; provided, however, that Purchaser

  
 36 

 
will promptly reimburse Seller for any and all costs and fees actually incurred by Seller on or before November 12, 1996 (including, but not limited to, scheduled payments made pursuant to
any agreement for the construction of the Coke Plant, cancellation fees, and/or payments made to vendors for construction materials and otherwise) in excess of *****Dollars ($*****); further, provided, Seller shall pay ***** (*****) and
Purchaser shall pay ***** (*****) of such costs and fees up to an aggregate amount of *****Dollars ($*****), all of the foregoing in this subsection (d) being capped at $*****. 

14.4 Environmental Permit. In the event that the Indiana Department of Environmental Management shall not have issued the relevant
permit or permits on or before December 30, 1996 necessary for the construction and/or operation of each of: 
 (a) the Coke Plant, and 
 (b) any facility constructed by Cokenergy
in connection with the obligations of Cokenergy under that certain Tolling Agreement, dated of even date herewith, between Purchaser and Cokenergy, 
 on terms and conditions satisfactory to Seller, or Purchaser shall have determined in its discretion that such permit or permits will not be issued by December 30, 1996 and notified Seller thereof in
writing; then neither Seller nor Purchaser shall have any further obligation under this Coke Purchase Agreement, this Coke Purchase Agreement shall terminate and be of no further force and effect, and Purchaser will promptly reimburse Seller for any
and all costs and fees actually incurred by Seller on or before the date of such termination; it being understood that if this Coke Purchase Agreement is terminated pursuant to this Section 14.4 after November 12, 1996 and on or before
December 20, 1996, the amount due Seller by Purchaser will be $*****; if this Coke Purchase Agreement is terminated pursuant to this Section 4.4 after December 20, 1996, the amount due Seller by Purchaser shall be equal to the amount
necessary for Seller to fulfill its obligation to reimburse Raytheon for the following: 
 (1) all work performed
by Raytheon on or before December 30, 1996, pursuant to its Engineering, Procurement and Construction Contract with Seller; 
 (2) cancellation fees payable by Raytheon to vendors as a result of the termination of the Engineering, Procurement and Construction Contract after December 20, 1996 and on or before
December 30, 1996; and 
 (3) a management fee equal to ***** percent (*****%) of the sum of the amounts in
(1) and (2) above. 
 On or before November 12, 1996, Seller will provide Purchaser with the calculation of such amount.

  
 37 

 ARTICLE XV 
 Miscellaneous 
 15.1 No Violation; Collective Bargaining Agreements.
Purchaser and Seller each warrant that this Coke Purchase Agreement is not inconsistent with any existing respective legal or contractual obligations of such Party, Purchaser or Seller including, without limitation, any court orders,
administrative agency orders or arbitration awards, any agreements between such Party and that Party’s employees or third parties, including any collective bargaining agreement(s) by which such Party may be bound. Purchaser and Seller each
expressly represent and warrant that it is not a responsible party to any collective bargaining agreement that would, if complied with by it or if sought to be enforced by another party, prevent Seller from realizing the benefits of this Coke
Purchase Agreement or prevent Seller from exercising operational control of the Coke Plant to the fullest extent possible under the terms of this Coke Purchase Agreement. Purchaser shall not enter into any collective bargaining agreements or other
agreements addressed directly or indirectly to the operation of the Coke Plant, or which would have a consequential impact on the operation of the Coke Plant, adverse to the interests of Seller under this Coke Purchase Agreement. 

15.2 Notices. All notices, requests and demands to or upon the respective parties hereto to be effective shall be in writing, by
facsimile, by overnight courier or by registered or certified mail, postage prepaid and return receipt requested, and shall be deemed to have been duly given or made upon: 

(a) delivery by hand; 
 (b) one business day after being sent by overnight courier; 
 (c)
four business days after being deposited in the United States mail, postage prepaid; or 
 (d) in the case of
transmission by facsimile, when confirmation of receipt is obtained. Such communications shall be addressed and directed to the Parties listed below (except where this Coke Purchase Agreement expressly provides that it be directed to another) as
follows, or to such other address or recipient for a Party as may be hereafter notified by such Party hereunder: 
  

			
	If to Seller to:	  	If to Purchaser, to:
	INDIANA HARBOR COKE COMPANY, L.P.	  	INLAND STEEL COMPANY
	Landmark Center, Suite N-300	  	3210 East Watling Street
	1111 Northshore Drive	  	East Chicago, IN 46312
	P.O. Box 10388	  	Attn: Michael Tarkoff
	Knoxville, TN 37939-0388	  	Mail Code 8-160
	Attn: Dale Walker	  	
	FAX: (423) 558-3280	  	FAX: (219) 399-5429
	Confirm: (423) 558-0300	  	Confirm: (219) 399-5305

 15.3 No Special Damages; Governing Law. NEITHER SELLER NOR PURCHASER NOR ANY OF THEIR RESPECTIVE
AFFILIATES SHALL BE LIABLE FOR ANY SPECIAL, INCIDENTAL, 

  
 38 

 
CONSEQUENTIAL OR EXEMPLARY DAMAGES FOR BREACH OF ANY WARRANTY OR OTHERWISE. NOTHING HEREIN SHALL LIMIT EITHER PURCHASER’S LIABILITY TO SELLER TO TAKE AND PAY FOR COKE DELIVERED IN ACCORDANCE
WITH THIS COKE PURCHASE AGREEMENT, OR SELLER’S OBLIGATION TO PURCHASER TO DELIVER COKE IN ACCORDANCE WITH THIS COKE PURCHASE AGREEMENT. THIS COKE PURCHASE AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY, THE LAWS OF THE STATE OF
INDIANA WITHOUT REGARD TO ITS CONFLICTS OF LAW PROVISIONS, AND THE RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER WILL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
 15.4 Counterparts. This Coke Purchase Agreement may be executed in any number of counterparts and by the different Parties hereto on separate counterparts, each of which when so executed and
delivered shall be an original, but all of which shall together constitute one and the same instrument. A complete set of counterparts shall be lodged with Sun Coal Company. 
 15.5 Severability. If any provision hereof is found by a court of competent jurisdiction to be prohibited or unenforceable, it shall, as to such jurisdiction, be ineffective only to the extent of
such prohibition or unenforceability, and such prohibition or unenforceability shall not invalidate the balance of such provision to the extent it is not prohibited or unenforceable, nor invalidate the other provisions hereof. 

15.6 Entire Agreement. This Coke Purchase Agreement constitutes the entire agreement and supersedes any and all other agreements,
oral or written, between the Parties hereto, in respect of the subject matter of this Coke Purchase Agreement and embodies the entire understanding of the Parties with respect to the subject matter hereof. 

15.7 Captions. The captions at the beginning of each of the numbered Sections and Articles herein are for reference purposes only
and will have no legal force or effect. Such captions will not be considered a part of this Agreement for purposes of interpreting, construing or applying this Agreement and will not define, limit, extend, explain or describe the scope or extent of
this Agreement or any of its terms and conditions. 
 15.8 Amendment. This Coke Purchase Agreement shall not be amended
or modified except by an instrument in writing executed by both Parties to this Coke Purchase Agreement as of the effective date of such amendment. 
 15.9 Independent Contractors. This Coke Purchase Agreement shall not constitute either Party the partner, legal representative or agent of the other, nor shall either Party have the right or
authority to assume, create or incur any liability or any obligation of any kind implied, against or in the name or on behalf of the other. 

  
 39 

 15.10 Waivers and Remedies. The failure of either Party to insist in any one or more
instances upon strict performance of any of the provisions of this Agreement or to take advantage of any of its rights hereunder shall not be construed as a waiver of any such provisions or the relinquishment of any such rights, but the same shall
continue and remain in full force and effect. Except as otherwise expressly limited in this Coke Purchase Agreement, all remedies under this Coke Purchase Agreement shall be cumulative and in addition to every other remedy provided for herein or by
law. 
 15.11 Confidentiality. The Purchaser and Seller and their respective Affiliates, officers, directors, employees
and agents shall hold in confidence and not disclose any Confidential Information. 

  
 40 

 15.12 Essence of Time. Time is of the essence in this Coke Purchase Agreement an in
each and all of the provisions hereof, but the time for any act or performance required hereunder may be extended by written mutual agreement of the Parties or by a written waiver by the Party to which such act or performance is promised.

 15.13 Assignability. Neither Purchaser or Seller shall, without prior written consent of the other first had and
obtained, assign any of its rights or obligations under this Coke Purchase Agreement. 
 15.14 Audit of Records.
Purchaser and Seller or their auditing representatives may, upon at least forty-eight (48) hours’ prior written notice and during normal working hours, audit the others records relating to weights, volumes, and quality, of Coke, and prices
of coal purchased by Seller, and to verify any and all amounts paid or payable by Purchaser to Seller or by Seller to Purchaser under this Coke Purchase Agreement (including matters set forth in Article V). 

[COUNTERPART SIGNATURE PAGES FOLLOW] 

  
 41 

 IN WITNESS WHEREOF, the parties hereto have caused this Coke Purchase Agreement to be
executed by their respective duly authorized officers, as of the date first above written. 
  

							
	INDIANA HARBOR COKE COMPANY, L.P.
			
		 	By:	 	Indiana Harbor Coke Company
		 		 	General Partner
			
		 	By:	 	 /s/ Barry H. Rosenberg

		 		 	Name:	 	Barry H. Rosenberg
		 		 	Title:	 	Vice President
		
		 	INLAND STEEL COMPANY
			
		 	By:	 	 /s/ Cynthia C. Heath

		 		 	Name:	 	C.C. Heath
		 		 	Title:	 	VP – Finance

  
 42 

 Schedule 4.1 to the Coke Purchase Agreement 

Coke Quality Specifications 
  

													
	 	  	 PRICE
INCREASE
 RANGE
	 	MINIMUM
VALUE	 	AVERAGE	 	MAXIMUM
VALUE	 	PRICE
DECREASE
RANGE	 	REJECT
VALUE
	 Ash - Dry Basis*(%)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
							
	 Stability - Index*
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Mean Size (mm)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Moisture (k)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Alkalies* (%)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Phosphorus* (%)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sulfur - Dry
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 CSR - Index*
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Size < ***** (%)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Size > ***** (%)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Volatile Matter (%)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Bulk Density (lb/ft3 )
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****

  

	*	coal blend related 

 The quality requirements
may be revised so long as the requirements remain within the capability of the Coke Plant and are mutually agreed upon by Seller and Purchaser. The size specifications indicated above (*****) are Purchaser’s current specifications for its
No. 7 Blast Furnace. It is the intent of the Parties to adjust these size specifications prior to the beginning of the Initial Term based on the capability of the Coke Plant and Purchaser’s requirements reflected above. Until those
adjustments are made (but no later than the beginning of the Initial Term), no size premiums or penalties will be accrued. 

  

SCHEDULE 4.1 
 PAGE 1 

 Schedule 4.4(c) to the Coke Purchase Agreement 

Monthly Coke Quality Report Format 
 [Form not attached to executed contract] 

  

SCHEDULE 4.4(c) 
 PAGE 1 

 Schedule 4.4(d) to the Coke Purchase Agreement 

Off-Spec Coke Quality Report Format 
 [Form not attached to executed contract] 

  

SCHEDULE 4.4(d) 
 PAGE 1 

 Schedule 4.4(e) to the Coke Purchase Agreement 

Coke Quality SPP Report Format 
 [Form not attached to executed contract] 

  

SCHEDULE 4.4(e) 
 PAGE 1 

 Schedule 4.7 to the Coke Purchase Agreement 

Coke Quality Price Adjustments 
  

					
	 PARAMETER
	  	 PRICE INCREASE FACTOR
	 	 PRICE DECREASE FACTOR

	CSR	  	Not Applicable	 	 If CSR less than *****
 Price
*****
 Ex: *****$*****

			
	MOISTURE	  	 If Moisture under *****%
 Price
*****%*****%)*****
 Ex: *****%*****%*****$*****%*****%)*****$*****
	 	 If Moisture over *****%
 Price
*****%*****%)*****
 Ex: *****%*****%$*****%*****%)*****$*****

			
	SULFUR	  	 If Sulfur under *****%
 Price
*****%*****%)*****
 Ex: *****%*****%$*****%*****%)*****$*****
	 	 If Sulfur over *****%
 Price
*****%*****%)*****
 Ex: *****%*****%$*****%*****%)*****$*****

			
	ASH	  	 If Ash *****%
 Price
*****%*****%)*****)
 Ex: *****%*****%$*****%*****%)*****$*****
	 	 If Ash over *****%
 Price
*****%*****%)*****
 Ex: *****%*****%$*****%*****%)*****$*****

			
	STABILITY	  	 If Stability over *****
 Price
*****
 Ex: *****$*****)*****
	 	 If Stability under *****
 Price
*****
 Ex: *****$*****)            *****$*****

			
	PHOSPHORUS	  	 If Phosphorus under *****%

Price *****%*****%*****
 Ex: Phosphorus =
*****%$*****%*****% *****
	 	 If Phosphorus over *****%

Price *****%*****%)*****)
 Ex:
*****%*****%$*****%*****%)*****$*****

			
	MEAN SIZE	  	 If Mean Size over *****
 Price
*****
 Ex: *****$***** (*****)*****$*****
	 	 If Mean Size under *****
 Price
*****
 Ex: *****$*****$*****

			
	SIZE <*****”	  	 If Size % <*****%
 Price
*****%***** (*****%*****))*****
 Ex: Size %
 *****%$*****%*****%)*****$*****
	 	 If Size % <*****%
 Price
*****%*****)*****%)*****
 EX: *****%*****%
 $*****%*****%)*****$*****

 Note: For purposes of the examples in the above Schedule 4.7, NT equals the per Ton coke quality price adjustment for the
applicable parameter. 

  

SCHEDULE 4.7 
 PAGE 1 

 Schedule 5.1(c) to Coke Purchase Agreement 

COMPUTER MODEL 
 Used to Calculate 
 Return on Capital Component of Contract Price

  

SCHEDULE 5.1(c) 
 PAGE 1 

											
	 01-Nov-96
	  	 ASSUMPTIONS
	  	  	  	09:34 PM	  	 	  	Exhibit 5.1(c)
	 Project Cost
	  	*****	  	 Tons Coke Sold/Yr
	  	*****	  		  	Exhibit 5.1(e)
	 Partner Investment
	  	*****	  	 Of Which Excess Pro
	  	*****	  		  	
	 Sun Investment
	  	*****	  	 Coke Price/Ton
	  	*****	  		  	Newcoke JV
	 DEBT
	  	*****	  	 Discount ($/Ton)
	  	*****	  		  	Projected Cash Flows
	 Partners % Return
	  	*****	  	 Coal Cost/Ton of Coke
	  	*****	  		  	(M/$)
	 Flip1 %
	  	*****	  	 Cash Op. Cost/Ton
	  	*****	  		  	
	 Flip1 Date
	  	*****	  	 Breeze Credit/Ton
	  	*****	  		  	PARTNERSHIP CASE
	 Partner’s Funding
	  	*****	  		  		  		  
	 Project End Date
	  	*****	  	 JV’s Fed/St. Tax
	  	*****	  		  	
	 Terminal Value
	  	*****	  	 Sun Fed/St. Amt
	  	*****	  		  	
	 Flip2 %
	  	*****	  	 Startup Date
	  	*****	  		  	
	 Flip2 Date
	  	*****	  		  		  		  	
	 NFC: Qualifying Over
	  	*****	  	 Base Case IRR
	  	*****	  		  	

 OWNERSHIP COMPONENT ***** 

 

																									
	 	  	1997	 	01-Jan 98
30-Jun 98	 	01-Jul 98
31-Dec 98	 	1999	 	2000	 	2001	 	2002	 	2003	 	2004	 	2005	 	2006	 	2007
	 Cost of Facility (Coke Batteries)
	  	*****	 	*****	 		 		 		 		 		 		 		 		 		 	
	 Ventures Pre-Tax Operating Cash Flow
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Discount (Total $)
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Discount ($/Ton)
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Additional Capital *****
	  		 		 		 		 		 		 		 		 		 		 		 	
	 EBIDTA
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 CAPEX
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Pre-Tax Cash Flow
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Depreciable Fixed Assets *****
	  		 		 		 		 		 		 		 		 		 		 		 	
	 Tax Depreciation for JV (Regular Tax Basis)
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Taxable Income
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Taxes at Partner’s Nominal Tax Rate of *****
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Nominal A.T. Cash Flow (Bef. Sect. 29 CR *****
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Section 29 Credits
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Net Income (including NCF Cr. + Taxes @ *****
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Total A.T. Cash Fl. (incl. NCF Cr. + Taxes @ *****
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Tax Depreciation Sun [AMT]
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Qualified Income Offset (To Sun)
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun’s Taxable Income base for JV
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 SHARING
	  		 		 	*****	 		 	*****	 		 		 		 		 	*****	 		 	
	 Partner — Section 29 Credits
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Cash Partners Cash IRR: *****
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Taxes/Tax Benefit
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Dissolution Proceeds
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Total Partner Share
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun — Section 29 Credits
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****

  

SCHEDULE 5.1(c) 
 PAGE 1 

																									
	 Cash
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 (Income Taxes)/Tax Benefit [AMT]
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Total Sun Share — Including Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Without Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun’s IRR (Without Credits)*****
	  		 		 		 		 		 		 		 		 		 		 		 	
	 NPV @16%*****
	  		 		 		 		 		 		 		 		 		 		 		 	
													
	 TOTAL SHARING
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****

  

SCHEDULE 5.1(c) 
 PAGE 2 

											
	 01-NOV-96
	  	ASSUMPTIONS	  	  	  	09:34PM	  	 	  	Exhibit 5.1(c)
	 Project Cost †
	  	*****	  	 Tons Coke Sold/Yr
	  	*****	  		  	Exhibit 5.1(e)
	 Partner Investment
	  	*****	  	 Of Which Excess Pro
	  	*****	  		  	
	 Sun Investment
	  	*****	  	 Coke Price/Ton
	  	*****	  		  	Newcoke JV
	 DEBT
	  	*****	  	 Discount ($/Ton)
	  	*****	  		  	Projected Cash Flows
	 Partners % Return
	  	*****	  	 Coal Cost/Ton of Coke
	  	*****	  		  	(M/$)
	 Flip1 %
	  	*****	  	 Cash Op. Cost/Ton
	  	*****	  		  	
	 Flip1 Date
	  	*****	  	 Breeze Credit/Ton
	  	*****	  		  	PARTNERSHIP CASE
	 Partner’s Funding
	  	*****	  		  		  		  
	 Project End Date
	  	*****	  	 JV’s Fed/St. Tax
	  	*****	  		  	
	 Terminal Value
	  	*****	  	 Sun Fed/St. Amt
	  	*****	  		  	
	 Flip2 %
	  	*****	  	 Startup Date
	  	*****	  		  	
	 Flip2 Date
	  	*****	  		  		  		  	
	 NFC: Qualifying Over
	  	*****	  	 Base Case IRR
	  	*****	  		  	

 Ownership Component: ***** 

 

																											
	 	  	2008	 	2009	 	2010	 	2011	 	2012	 	2013	 	2014	 	2015	 	2016	 	2017	 	2018	 	2019	 	Total
	 Cost of Facility (Coke Batteries)
	  		 		 		 		 		 		 		 		 		 		 		 		 	*****
	 Ventures Pre-Tax Operating Cash Flow
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Discounts (Total $)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Discount ($/Ton)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Additional Capital *****
	  		 		 		 		 		 		 		 		 		 		 		 		 	
	 EBIDTA
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 CAPEX
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Pre-Tax Cash Flow
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Depreciable Fixed Assets *****
	  		 		 		 		 		 		 		 		 		 		 		 		 	
	 Tax Depreciation for JV (Regular Tax Basis)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Taxable Income
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Taxes at Partner’s Nominal Tax Rate of *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Nominal A.T. Cash Flow (Bef. Sect. 29 CR *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Net Income (including NCF Cr. + Taxes @ *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Total A.T. Cash Fl. (incl. NCF Cr. + Taxes @ *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Tax Depreciation Sun
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Qualified Income Offset (To Sun)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun’s Taxable Income base for JV
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
														
	 SHARING
	  		 		 		 		 		 		 		 		 		 		 		 		 	*****
	 Partner — Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Cash Partners Cash IRR: *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Taxes/Tax Benefit
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Dissolution Proceeds
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Total Partner Share
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun — Section 29 Credits
	  		 		 		 		 		 		 		 		 		 		 		 		 	
	 Cash
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 (Income Taxes)/Tax Benefit [AMT]
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Total Sun Share — Including Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****

  

SCHEDULE 5.1(c) 
 PAGE 3 

																											
	 Without Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun’s IRR (Without Credits) *****
	  		 		 		 		 		 		 		 		 		 		 		 		 	
	 NPV @16% *****
	  		 		 		 		 		 		 		 		 		 		 		 		 	
														
	 TOTAL SHARING
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****

  

SCHEDULE 5.1(c) 
 PAGE 4 

											
	01-Nov-96	  	ASSUMPTIONS	  	  	  	09:37 PM	  	 	  	Exhibit 5.1(c)
	 Project Cost
	  	*****	  	Tons Coke Sold/Yr	  	*****	  		  	Exhibit 5.1(e)
	 Partner Investment
	  	*****	  	 Of Which Excess Pro
	  	*****	  		  	
	 Sun Investment
	  	*****	  	Coke Price/Ton	  	*****	  		  	Newcoke JV
	 DEBT
	  	*****	  	Discount ($/Ton)	  	*****	  		  	Projected Cash Flows
	 Partners % Return
	  	*****	  	Coal Cost/Ton of Coke	  	*****	  		  	(M/$)
	 Flip1 %
	  	*****	  	Cash Op. Cost/Ton	  	*****	  		  	
	 Flip1 Date
	  	*****	  	Breeze Credit/Ton	  	*****	  		  	PARTNERSHIP CASE
	 Partner’s Funding
	  	*****	  		  		  		  	
	 Project End Date
	  	*****	  	JV’s Fed/St. Tax	  	*****	  		  	
	 Terminal Value
	  	*****	  	Sun Fed/St. Amt	  	*****	  		  	
	 Flip2 %
	  	*****	  	Startup Date	  	*****	  		  	
	 Flip2 Date
	  	*****	  		  		  		  	
	 NFC: Qualifying Over
	  	*****	  	Base Case IRR	  	*****	  		  	

 Ownership Component: ***** 

 

																									
	 	  	1997	 	01-Jan-98
30-Jun-98	 	01-Jul-98
31-Dec-98	 	1999	 	2000	 	2001	 	2002	 	2003	 	2004	 	2005	 	2006	 	2007
	 Cost of Facility (Coke Batteries)
	  	*****	 	*****	 		 		 		 		 		 		 		 		 		 	
	 Ventures Pre-Tax Operating Cash Flow
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Discount (Total $)
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Discount ($/Ton)
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Additional Capital *****
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 EBIDTA
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 CAPEX
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Pre-Tax Cash Flow
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Depreciable Fixed Assets *****
	  		 		 		 		 		 		 		 		 		 		 		 	
	 Tax Depreciation for JV (Regular Tax Basis)
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Taxable Income
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Taxes at Partner’s Nominal Tax Rate of *****
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Nominal A.T. Cash Flow (Bef. Sect. 29 CR *****
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Section 29 Credits
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Net Income (including NCF Cr. + Taxes @ *****
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Total A.T. Cash Fl. (incl. NCF Cr. + Taxes @ *****
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Tax Depreciation Sun
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Qualified Income Offset (To Sun)
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun’s Taxable Income base for JV
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
		  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
													
	 SHARING
	  		 		 	*****	 		 		 	*****	 		 		 		 	*****	 		 	
	 Partner — Section 29 Credits
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Cash Partners Cash IRR: *****
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Taxes/Tax Benefit
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Dissolution Proceeds
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Total Partner Share
	  		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun — Section 29 Credits
	  		 		 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****

  

SCHEDULE 5.1(c) 
 PAGE 5 

																									
	 Cash
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 (Income Taxes)/Tax Benefit
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Total Sun Share — Including Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Without Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun’s IRR (Without Credits) *****
	  		 		 		 		 		 		 		 		 		 		 		 	
	 NPV @16% *****
	  		 		 		 		 		 		 		 		 		 		 		 	
													
	 TOTAL SHARING
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****

  

SCHEDULE 5.1(c) 
 PAGE 6 

											
	 01-NOV-96
	 	ASSUMPTIONS	  	  	  	09:37PM	  	 	  	Exhibit 5.1(c)
	 Project Cost
	 	*****	  	Tons Coke Sold/Yr	  	*****	  		  	Exhibit 5.1(e)
	 Partner Investment
	 	*****	  	 Of Which Excess Pro
	  	*****	  		  	
	 Sun Investment
	 	*****	  	Coke Price/Ton	  	*****	  		  	Newcoke JV
	 DEBT
	 	*****	  	Discount ($/Ton)	  	*****	  		  	Projected Cash Flows
	 Partners % Return
	 	*****	  	Coal Cost/Ton of Coke	  	*****	  		  	(M/$)
	 Flip1 %
	 	*****	  	Cash Op. Cost/Ton	  	*****	  		  	
	 Flip1 Date
	 	*****	  	Breeze Credit/Ton	  	*****	  		  	PARTNERSHIP CASE
	 Partner’s Funding
	 	*****	  		  		  		  	
	 Project End Date
	 	*****	  	JV’s Fed/St. Tax	  	*****	  		  	
	 Terminal Value
	 	*****	  	Sun Fed/St. Amt	  	*****	  		  	
	 Flip2 %
	 	*****	  	Startup Date	  	*****	  		  	
	 Flip2 Date
	 	*****	  		  		  		  	
	 NFC: Qualifying Over
	 	*****	  	Base Case IRR	  	*****	  		  	

 Ownership Component: ***** 

 

																											
	 	  	2008	 	2009	 	2010	 	2011	 	2012	 	2013	 	2014	 	2015	 	2016	 	2017	 	2018	 	2019	 	Total
		  		 		 		 		 		 		 		 		 		 		 		 		 	
	 Cost of Facility (Coke Batteries)
	  		 		 		 		 		 		 		 		 		 		 		 		 	*****
	 Ventures Pre-Tax Operating Cash Flow
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Discounts (Total $)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Discount ($/Ton)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Additional Capital *****
	  		 		 		 		 		 		 		 		 		 		 		 		 	
	 EBIDTA
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 CAPEX
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Pre-Tax Cash Flow
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Depreciable Fixed Assets *****
	  		 		 		 		 		 		 		 		 		 		 		 		 	
	 Tax Depreciation for JV (Regular Tax Basis)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Taxable Income
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Taxes at Partner’s Nominal Tax Rate of *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Nominal A.T. Cash Flow (Bef. Sect. 29 CR *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Net Income (including NCF Cr. + Taxes @ *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 JV Total A.T. Cash Fl. (incl. NCF Cr. + Taxes @ *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Tax Depreciation Sun
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Qualified Income Offset (To Sun)
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun’s Taxable Income base for JV
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
														
	 SHARING
	  		 		 		 		 		 		 		 		 		 		 		 		 	*****
	 Partner — Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Cash Partners Cash IRR: *****
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Taxes/Tax Benefit
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Dissolution Proceeds
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Total Partner Share
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun — Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Cash
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 (Income Taxes)/Tax Benefit
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Total Sun Share — Including Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****

  

SCHEDULE 5.1(c) 
 PAGE 7 

																											
	 Without Section 29 Credits
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****
	 Sun’s IRR (Without Credits) *****
	  		 		 		 		 		 		 		 		 		 		 		 		 	
	 NPV @16% *****
	  		 		 		 		 		 		 		 		 		 		 		 		 	
														
	 TOTAL SHARING
	  	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****	 	*****

  

SCHEDULE 5.1(c) 
 PAGE 8 

 Schedule 5.1(e) to Coke Purchase Agreement 

Calculation of Section 29 Tax Credit Discount to Contract Price 

1. Computer Model: the Credit Discount will equal the lesser of *****Dollars ($*****) per Ton, or an amount determined by the Computer
Model incorporated herein by this reference. [The Computer Model will be used to calculate a discount amount per Ton (based on a maximum of 1.22 Million Tons of screened Coke plus an additional ***** tons of nut coke and breeze for any twelve
(12) month period commencing on or after Initial Full Production) during the Discount Period which will give the Partners an internal rate of return equal to the internal rate of return calculated without the Initial Investment plus
*****percent (*****%) of the increase in the internal rate of return calculated with the Initial Investment and no discount. 

2. Definitions: The definitions contained in the Coke Purchase Agreement are incorporated in the Computer Model unless the context
indicates otherwise. As used in the Computer Model, the following terms shall have the meanings set forth below. In the event of a conflict between a definition in the Coke Purchase Agreement and that in this Schedule, this Schedule will govern for
purposes of the Computer Model. 
 Base Case 
 “Project Cost” shall mean for purposes of Section 5.1(c) the Total Coke Plant Capital Cost and for purposes of Section 5.1(e) the Total Coke Plant Capital Cost determined without
regard to the cap. 
 “Sun Investment” shall mean the Project Cost. 
 “Project End Date” shall mean December 31, 2019. 
 “Terminal Value” shall
mean $*****. 
 “Sun Fed/St. AMT” shall mean *****percent. 
 “Debt” shall equal *****. 
 “Tons Coke Sold/Yr” shall mean 1.22 million
tons but in 1998 tons sold shall equal Sun’s good faith projection of 1998 tons sold as projected in the third full month following Initial Full Production. 
 “SG&A Expense” shall be *****. 

  

SCHEDULE 5.1(e) 
 PAGE 1 

 “Capex” shall mean the projected future capital expenditures as indicated in the Computer Model on
the date of this Agreement. 
 “Tax Depreciation” shall be the applicable AMT depreciation schedule for the Coke Plant. 

“Excess Production (Tons) and Excess Production Discount” shall equal *****. 
 “Section 29 Credits” shall mean *****. 
 “Venture’s Pre-Tax Operating Cash
Flow” shall mean *****. 
 “Start Up Date” shall mean the date on which the Coke Plant commences the production of Coke.

 Partnership Cases 
 “Project Cost” shall mean the Total Coke Plant Capital Cost determined without reference to the cap. 
 “Partner Investment” shall mean the amount of the Initial Investor’s investment in Seller. 
 “Sun Investment” shall mean the difference between Project Cost and Partner Investment. 

“Debt” shall equal *****. 

“Partner’s % Return” shall mean the after-tax discount factor used in determining when Investor’s sharing percentage is reduced
(“flips”). 
 “Flip 1 %” shall mean the Investor’s initial share in the proceeds from the production and sale of coke
from the Coke Facility and tax credits. 
 “Flip 1 Date” shall mean the date on which it is projected that the Investor’s
after-tax internal rate of return equals the Partner’s % Return. The Flip 1 Date will differ between the zero discount case and the final discount case. 

  

SCHEDULE 5.1(e) 
 PAGE 2 

 “Partner’s Funding” shall mean the date on which the Investor makes an investment in Seller.

 “Project End Date” shall mean December 31, 2019. 
 “Terminal Value” shall mean $*****. 
 “Flip2 %” shall mean the Investor’s
percentage share in the proceeds from the production and sale of coke from the Coke Facility in the third sharing phase, that is, after the Flip2 Date. 
 “Flip2 Date” shall mean the date on which the third sharing phase for the Investor commences. 
 “NFC: Qualifying Ovens” shall mean the percentage of ovens in the Coke Plant that qualifies under Section 29(g)(1) and (2) of the Code. 

“Tons Coke Sold/Yr.” shall mean 1.22 million tons. 
 “Discount ($/Ton)” shall mean zero in the zero discount case. In the final discount case the discount shall be the amount determined by this model which will give the Partners an internal rate
of return equal to the internal rate of return calculated without the Initial Investment (Base Case) plus *****percent (*****%) of the increase in the internal rate of return calculated with the Initial Investment and no discount, or $***** if less.

 “Ownership Component” shall mean the after-tax cash flow per ton that will provide the Partners with an internal rate of return of
16%. 
 “JV’s Fed/St. Tax” shall mean the tax rate used in calculating the Investor’s after-tax return. 

“Sun Fed/St. AMT” shall mean ***** percent. 
 “Base Case IRR” shall mean Sun’s IRR determined in the Base Case. 

  

SCHEDULE 5.1(e) 
 PAGE 3 

 “Capex” shall mean the projected future capital expenditures as indicated in the Computer Model on
the date of this Agreement. 
 “Tax Depreciation (AMT and Reg)” shall be determined by the depreciation schedules applicable to the
Coke Plant on the third full month following Initial Full Production. 
 “Excess Production (Tons) and Excess Production Discount”
shall equal *****. 
 Projected Generation of Section 29 Tax Credits 

“Tax Cr. Per BB/OIL” shall mean the tax credit available under Section 29 per barrel-of-oil equivalent based on actual amounts where
available and based on an assumed *****% annual GDP Deflator where forecasted amounts are used. 
 “Equivalent Bbls of Oil/Ton of
Coke” shall mean *****. 
 “Coke Sales” shall mean ***** tons for 1999 and thereafter, but in 1998 tons sold shall equal
Sun’s good faith projection of 1998 tons produced by the Coke Plant and sold (including breeze and nut coke) as projected in the third full month following Initial Full Production or the date of Initial Investment if later. 

“Qualifying Ovens (%)” shall mean the percentage of ovens of the Coke Plant that are described in section 29(g)(1) and (2) of the Code.

 3. The “coal cost/ton of coke”, “coke price/ton”, “cash op. cost/ton”, and “breeze
credit/ton” are shown for illustrative purposes only with such amounts being determined pursuant to the terms of Section 5.1 of the Coke Purchase Agreement. 
 4. Example: Included in this Schedule 5.1(e) is an example of computer runs used to compute the Credit Discount. 

  

SCHEDULE 5.1(e) 
 PAGE 4 

 EXHIBIT A-1 
 to 
 Coke Purchase Agreement 

FORM OF INLAND STEEL INDUSTRIES GUARANTY 
 GUARANTY AGREEMENT 
 FOR VALUABLE CONSIDERATION, this Guaranty Agreement
dated as of                     , 19    , is made and entered into by and between Inland Steel Industries, a
             corporation (“Guarantor”), and Indiana Harbor Coke Company, L.P., a Delaware limited partnership qualified to do business in Indiana (“Seller”).

 WITNESSETH 
 WHEREAS, Inland Steel Company (“Purchaser”), which is a wholly owned subsidiary of the Guarantor, and Seller have entered into a Coke Purchase Agreement, dated as of
                    , 19     (the “Coke Purchase Agreement”) pursuant to which Purchaser has agreed to
purchase and accept from Seller on a take-or-pay basis, and Seller has agreed to sell and deliver, approximately 1.22 Million Tons per year of screened furnace coke, to be produced by a cokemaking facility to be constructed by Seller on a site
leased by Seller from Purchaser; 
 WHEREAS, the purpose of the Coke Purchase Agreement is to provide an assured source of coke
to supply the coke requirements of Purchaser’s No. 7 Blast Furnace; and 
 WHEREAS, the performance of Seller under
the Coke Purchase Agreement is conditioned upon, among other things, the execution and delivery by the Guarantor of this Guaranty. 
 NOW, THEREFORE, the parties hereto, intending to be legally bound hereby, agree as follows: 
 1. Definitions. Capitalized terms not otherwise defined herein shall have the meaning provided for in the Coke Purchase Agreement, and the relevant exhibits and schedules attached thereto.

 2. Guarantee. Subject to the terms of this Guaranty, the Guarantor hereby unconditionally and irrevocably guarantees
to Seller the specific performance by, and obligations of: 
 (a) The Purchaser, under each of: 

(i) Section 5.1(e) of the Coke Purchase Agreement; 

(ii) and the Environmental Indemnity Agreement. 
 3. Maximum Liability of Guarantor. The maximum liability of the Guarantor under this Guaranty shall be unlimited in Dollar amount. Any payments that shall become due from Guarantor shall be made in
any coin or money that is legal tender in the U.S. at the time of payment. 
 4. Payment of Claims. Guarantor shall be
given a copy of each written notice including, without limitation, any demand for payment or performance, to be sent by Seller to Purchaser, with regard to the respective obligations of Purchaser under Section 5.1(e) of the Coke Purchase
Agreement and the Environmental Indemnity Agreement. The Guarantor’s obligations under this Guaranty shall become due, payable and 

  

EXHIBIT A-1 
 PAGE 1 

 
performable on the tenth (10th) business day following the receipt of such notice by the Guarantor, if Purchaser or any affiliate of Purchaser has not paid or performed its obligations under
the pertinent agreement or agreements by such date; provided, however, that if, prior to receipt of such notice, either Seller or Purchaser have commenced dispute resolution under Article XII (“Arbitration”) of the Coke Purchase
Agreement, Guarantor’s obligations hereunder shall be deferred until final resolution of the dispute. Following such final resolution, Guarantor shall be obligated to perform under this Guaranty to the extent that Purchaser is determined to be
obligated to perform under the Coke Purchase Agreement and to the extent Purchaser has not performed within ten (10) days of such resolution. 
 5. Representations and Warranties. The Guarantor hereby represents and warrants that 
 (a) it is a corporation duly organized, validly existing and in good standing under the dews of Delaware, and has the corporate power and authority and the legal right to own and operate its property, to
lease the property it operates and to conduct the business in which it is currently engaged; 
 (b) it has the corporate power
and authority and the legal right to execute and deliver, and to perform its obligations under, this Guaranty, and has taken all necessary corporate action to authorize its execution, delivery and performance of this Guaranty; 

(c) this Guaranty constitutes a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms, except as
enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity or by an implied covenant of good faith and fair
dealing (whether enforced at law or in equity); 
 (d) the execution, delivery and performance of this Guaranty will not violate
any provision of any applicable law or any contractual obligation of the Guarantor and will not result in or require the creation or imposition of any lien on any of the properties or revenues of the Guarantor; and 

(e) no consent or authorization of, filing with, or other act by or in respect of, any arbitrator or governmental authority and no
consent of any other person (including, without limitation, any stockholder or creditor of the Guarantor) is required in connection with the execution, delivery, performance, validity or enforceability of this Guaranty other than those that have
been received or are in full force and effect. 
 6. Severability. Any provision of this Guaranty which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective t the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
 7. Paragraph
Headings. The paragraph headings used in this Guaranty are for convenience of reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof. 

8. Waiver and Amendment. None of the terms or provisions of this Guaranty may be waived, amended, supplemented or otherwise
modified except by a written instrument executed by both the Guarantor and Seller. No failure to exercise, nor any delay in exercising, on the part of either Seller or the Guarantor, any right, power or privilege hereunder shall operate as a waiver
thereof. No single or partial exercise by either party of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any 

  

EXHIBIT A-1 
 PAGE 2 

 
other right, power or privilege. A waiver by either party of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which such party would
otherwise have on any future occasion. 
 9. Integration. This Guaranty represents the agreement of the Guarantor and
Seller with respect to the subject matter hereof and there are no promises or representations by the parties relative to the subject matter hereof that are not reflected herein. 

10. Successors and Assigns. This Guaranty shall be binding upon the successors and assigns of the Guarantor and shall inure to the
benefit of Seller, its successors and permitted assigns. 
 11. Governing Law. THIS GUARANTY SHALL BE GOVERNED BY AND BE
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF INDIANA. 
 12. Notices. All notices, requests and demands to or
upon the Guarantor or (Seller or Purchaser) to be effective shall be in writing, by facsimile, by overnight courier or by registered or certified mail, postage prepaid and return receipt requested, and shall be deemed to have been duly given or made
upon: (a) delivery by hand, (b) one business day after being sent by overnight courier, (c) four business days after being deposited in the mail, postage prepaid; or (d) in the case of transmission by facsimile, when confirmation
of receipt is obtained. Such communications shall be addressed and directed to the parties listed below, or to such other address or recipient for a party as may be hereafter notified by such party hereunder: 

 

			
	if to Guarantor:	  	If to Seller
	  
	  	  

	  
	  	  

	FAX:	  	FAX:
	Confirm:	  	Confirm:

 13. No Limitations; Termination. It is specifically understood that this Guaranty Agreement
imposes no financial restrictions, limitations on the right of the Guarantor to reorganize, add to or dispose of its properties, rights and interests, and to otherwise conduct its affairs (including the incurrence of liabilities) in any manner it
sees fit (whether in the ordinary course of business or otherwise). This Guaranty Agreement shall terminate upon any disposition (by sale, merger or otherwise) by Guarantor (or any successor of Guarantor) of Purchaser, any disposition (by sale,
merger or otherwise) by Guarantor (or any successor of Guarantor) of all or substantially all of the assets of Purchaser, or any disposition (by sale, exchange, merger or otherwise) by Guarantor (or any successor of Guarantor) of control of
Purchaser or substantially all of the assets of Purchaser; provided, however that any such termination shall not be effective until Seller shall have received thirty days’ prior written notice thereof from the Guarantor; provided,
further that any such termination shall not affect the liability of the Guarantor hereunder incurred by Guarantor (and as to such Seller shall have notified Guarantor in writing) prior to such termination. 

  

EXHIBIT A-1 
 PAGE 3 

 IN WITNESS WHEREOF, the parties hereto have executed this Guaranty Agreement the day and
year first above written for the purposes contained herein. 
  

									
	INDIANA HARBOR COKE COMPANY, L.P.	 		 	INLAND STEEL INDUSTRIES
					
	By:	 	Indiana Harbor Coke Company, (General Partner)	 		 		 	
					
	By:	 		 		 	By:	 	
	Title:	 		 		 	Title:	 	

  

EXHIBIT A-1 
 PAGE 4 

 EXHIBIT A-2 
 to 
 Coke Purchase Agreement 

FORM OF SUN COMPANY, INC. GUARANTY 
 GUARANTY AGREEMENT 
 FOR VALUABLE CONSIDERATION, this Guaranty Agreement
dated as of , 19 , is made and entered into by and between Sun Company, Inc., a Pennsylvania corporation (“Guarantor”), and Inland Steel Company, an Indiana corporation (“Purchaser”). 

WITNESSETH 
 WHEREAS, Indiana Harbor Coke Company, L.P. (“Seller”), which is an affiliate of the Guarantor and Purchaser have entered into a Coke Purchase Agreement, dated as of
            , 19     (the “Coke Purchase Agreement”) pursuant to which Purchaser has agreed to purchase and accept from Seller on a take-or-pay
basis, and Seller has agreed to sell and deliver, approximately 1.22 Million Tons per year of screened furnace coke, to be produced by a cokemaking facility to be constructed by Seller on a site leased by Seller from Purchaser; 

WHEREAS, the purpose of the Coke Purchase Agreement is to provide an assured source of coke to supply the coke requirements of
Purchaser’s No. 7 Blast Furnace; and 
 WHEREAS, the performance of Purchaser under the Coke Purchase Agreement is
conditioned upon, among other things, the execution and delivery by the Guarantor of this Guaranty. 
 NOW, THEREFORE, the
parties hereto, intending to be legally bound hereby, agree as follows: 
 1. Definitions. Capitalized terms not
otherwise defined herein shall have the meaning provided for in the Coke Purchase Agreement, and the relevant exhibits and schedules attached thereto. 
 2. Guarantee. Subject to the terms of this Guaranty, the Guarantor hereby unconditionally and irrevocably guarantees to Purchaser the specific performance by, and obligations of: 

 

	 	(a)	The Seller, under each of: 

  

	 	(i)	Section 5.1(e) of the Coke Purchase Agreement; and 

  

	 	(ii)	the Environmental Indemnity Agreement. 

 3. Maximum Liability of Guarantor. The maximum liability of the Guarantor under this Guaranty shall be unlimited in Dollar amount. Any payments that shall become due from Guarantor shall be made in
any coin or money that is legal tender in the U.S. at the time of payment. 
 4. Payment of Claims. Guarantor shall be
given a copy of each written notice including, without limitation, any demand for payment or performance, to be sent by Purchaser to Seller, with regard to the respective 

  

EXHIBIT A-2 
 PAGE 1 

 
obligations of Seller Section 5.1(e) of the Coke Purchase Agreement and the Environmental Indemnity Agreement. The Guarantor’s obligations under this Guaranty shall become due, payable
and performable on the tenth (10th) business day following the receipt of such notice by the Guarantor, if Seller or any affiliate of Seller has not paid or performed its obligations under the pertinent agreement or agreements by such date;
provided, however, that if, prior to receipt of such notice, either Purchaser or Purchaser have commenced dispute resolution under Article XII (“Arbitration”) of the Coke Purchase Agreement, Guarantor’s obligations hereunder shall
be deferred until final resolution of the dispute. Following such final resolution, Guarantor shall be obligated to perform under this Guaranty to the extent that Seller is determined to be obligated to perform under the Coke Purchase Agreement and
to the extent Seller has not performed within ten (10) days of such resolution. 
 5. Representations and
Warranties. The Guarantor hereby represents and warrants that: 
 (a) it is a corporation duly organized, validly existing
and in good standing under the laws of Pennsylvania, and has the corporate power and authority and the legal right to own and operate its property, to lease the property it operates and to conduct the business in which it is currently engaged;

 (b) it has the corporate power and authority and the legal right to execute and deliver, and to perform its obligations
under, this Guaranty, and has taken all necessary corporate action to authorize its execution, delivery and performance of this Guaranty; 
 (c) this Guaranty constitutes a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency,
reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity or by an implied covenant of good faith and fair dealing (whether enforced at law or in equity); 

(d) the execution, delivery and performance of this Guaranty will not violate any provision of any applicable law or any contractual
obligation of the Guarantor and will not result in or require the creation or imposition of any lien on any of the properties or revenues of the Guarantor; and 
 (e) no consent or authorization of, filing with, or other act by or in respect of, any arbitrator or governmental authority and no consent of any other person (including, without limitation, any
stockholder or creditor of the Guarantor) is required in connection with the execution, delivery, performance, validity or enforceability of this Guaranty other than those that have been received or are in full force and effect. 

6. Severability. Any provision of this Guaranty which is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective t the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction. 
 7. Paragraph Headings. The paragraph headings used in this Guaranty are for
convenience of reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof. 
 8. Waiver and Amendment. None of the terms or provisions of this Guaranty may be waived, amended, supplemented or-otherwise modified except by a written instrument executed by both the Guarantor and Purchaser. No failure to exercise,
nor any delay in exercising, on the part of either Purchaser or the Guarantor, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise by either party of

  

EXHIBIT A-2 
 PAGE 2 

 
any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by either party of any right or
remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which such party would otherwise have on any future occasion. 
 9. Integration. This Guaranty represents the agreement of the Guarantor and Purchaser with respect to the subject matter hereof and there are no promises or representations by the parties relative
to the subject matter hereof that are not reflected herein. 
 10. Successors and Assigns. This Guaranty shall be binding
upon the successors and assigns of the Guarantor and shall inure to the benefit of Purchaser, its successors and permitted assigns. 
 11. Governing Law. THIS GUARANTY SHALL BE GOVERNED BY AND BE CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE INDIANA. 

12. Notices. All notices, requests and demands to or upon the Guarantor or Seller to be effective shall be in writing, by
facsimile, by overnight courier or by registered or certified mail, postage prepaid and return receipt requested, and shall be deemed to have been duly given or made upon: (a) delivery by hand, (b) one business day after being sent by
overnight courier, (c) four business days after .being deposited in the mail, postage prepaid; or (d) in the case of transmission by facsimile, when confirmation of receipt is obtained. Such communications shall be addressed and directed
to the parties listed below, or to such other address or recipient for a party as may be hereafter notified by such party hereunder: 
  

			
	if to Guarantor:	  	If to Seller
	  
	  	  

	  
	  	  

	FAX:	  	FAX:
	Confirm:	  	Confirm:

 13. No Limitations; Termination. It is specifically understood that this Guaranty Agreement
imposes no financial restrictions, limitations on the right of the Guarantor to reorganize, add to or dispose of its properties, rights and interests, and to otherwise conduct its affairs (including the incurrence of liabilities) in any manner it
sees fit (whether in the ordinary course of business or otherwise). This Guaranty Agreement shall terminate upon any disposition (by sale, merger or otherwise) by Guarantor (or any successor of Guarantor) of Seller, any disposition (by sale,
merger or otherwise) by Guarantor (or any successor of Guarantor) of all or substantially all of the assets of Seller, or any disposition (by sale, exchange, merger or otherwise) by Guarantor (or any successor of Guarantor) of control of Seller or
substantially all of the assets of Seller; provided, however that any such termination shall not be effective until Purchaser shall have received thirty days’ prior written notice thereof from the Guarantor; provided, further that
any such termination shall not affect the liability of the Guarantor hereunder incurred by Guarantor (and as to such Purchaser shall have notified Guarantor in writing) prior to such termination. 

  

EXHIBIT A-2 
 PAGE 3 

 IN WITNESS WHEREOF, the parties hereto have executed this Guaranty Agreement the day and
year first above written for the purposes contained herein. 
  

									
	INDIANA HARBOR COKE COMPANY, L.P.	 		 	INLAND STEEL INDUSTRIES
					
	By:	 	Indiana Harbor Coke Company, (General Partner)	 		 		 	
					
	By:	 		 		 	By:	 	
	Title:	 		 		 	Title:	 	

  

EXHIBIT A-2 
 PAGE 4 

 EXHIBIT B 
 to 
 Coke Purchase Agreement 

FORM OF ELK RIVER RESOURCES, INC. GUARANTY 
 GUARANTY AGREEMENT 
 FOR VALUABLE CONSIDERATION, this Guaranty Agreement
dated as of                 , 19    , is made and entered into by and between Elk River Resources, Inc. (“Guarantor”), and
Inland Steel Company, an Indiana corporation (“Purchaser”). 
 WITNESSETH 

WHEREAS, Purchaser and Indiana Harbor Coke Company, L.P. (“Purchaser”), which is an affiliate of the Guarantor, have entered
into a Coke Purchase Agreement, dated as of                  , 19     (the “Coke Purchase Agreement”) pursuant to
which Purchaser has agreed to purchase and accept from Purchaser on a take-or-pay basis, and Purchaser has agreed to sell and deliver, approximately 1.22 Million Tons per year of screened furnace coke, to be produced by a cokemaking facility to be
constructed by Purchaser on a site leased by Purchaser from Purchaser; 
 WHEREAS, the purpose of the Coke Purchase Agreement is
to provide an assured source of coke to supply the coke requirements of Purchaser’s No. 7 Blast Furnace; and 

WHEREAS, the performance of Purchaser under the Coke Purchase Agreement is conditioned upon, among other things, the execution and
delivery by the Guarantor of this Guaranty. 
 NOW, THEREFORE, the parties hereto, intending to be legally bound hereby, agree
as follows: 
 1. Definitions. Capitalized terms not otherwise defined herein shall have the meaning provided for in the
Coke Purchase Agreement, and the relevant exhibits and schedules attached thereto. 
 2. Guaranty. Subject to the terms
of this Guaranty, the Guarantor hereby unconditionally and irrevocably guarantees to Purchaser the specific performance by, and obligations of the Seller the Coke Purchase Agreement. 

3. Maximum Liability of Guarantor. The maximum liability of the Guarantor under this Guaranty shall be unlimited in Dollar amount.
Any payments that shall become due from Guarantor shall be made in any coin or money that is legal tender in the U.S. at the time of payment. 
 4. Payment of Claims. Guarantor shall be given a copy of each written notice including, without limitation, any demand for payment or performance, to be sent by Purchaser to Seller, with regard to
the respective obligations of Seller under the Coke Purchase Agreement. The Guarantor’s obligations under this Guaranty shall become due, payable and performable on the tenth (10th) business day following the receipt of such notice by the
Guarantor, if Seller or any affiliate of Seller has not paid or performed its obligations under the pertinent agreement or agreements by 

  

EXHIBIT B 
 PAGE 1 

 
such date; provided, however, that if, prior to receipt of such notice, either Purchaser or Seller have commenced dispute resolution under Article XII (“Arbitration”) of the Coke
Purchase Agreement, Guarantor’s obligations hereunder shall be deferred until final resolution of the dispute. Following such final resolution, Guarantor shall be obligated to perform under this Guaranty to the extent that Purchaser is
determined to be obligated to perform under the Coke Purchase Agreement and to the extent seller has not performed within ten (10) days of such resolution. 
 5. Representations and Warranties. The Guarantor hereby represents and warrants that: 
 (a) it is a corporation duly organized, validly existing and in good standing under the laws of Delaware, and has the corporate power and authority and the legal right to own and operate its property, to
lease the property it operates and to conduct the business in which it is currently engaged; 
 (b) it has the corporate power
and authority and the legal right to execute and deliver, and to perform its obligations under, this Guaranty, and has taken all necessary corporate action to authorize its execution, delivery and performance of this Guaranty; 

(c) this Guaranty constitutes a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms, except as
enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity or by an implied covenant of good faith and fair
dealing (whether enforced at law or in equity); 
 (d) the execution, delivery and performance of this Guaranty will not violate
any provision of any applicable law or any contractual obligation of the Guarantor and will not result in or require the creation or imposition of any lien on any of the properties or revenues of the Guarantor; and 

(e) no consent or authorization of, filing with, or other act by or in respect of, any arbitrator or governmental authority and no
consent of any other person (including, without limitation, any stockholder or creditor of the Guarantor) is required in connection with the execution, delivery, performance, validity or enforceability of this Guaranty other than those that have
been received or are in full force and effect. 
 6. Severability. Any provision of this Guaranty which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective t the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
 7. Paragraph
Headings. The paragraph headings used in this Guaranty are for convenience of reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof. 

8. Waiver and Amendment. None of the terms or provisions of this Guaranty may be waived, amended, supplemented or otherwise
modified except by a written instrument executed by both the Guarantor and Purchaser. No failure to exercise, nor any delay in exercising, on the part of either Purchaser or the Guarantor, any right, power or privilege hereunder shall operate as a
waiver thereof. No single or partial exercise by either party of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by either party of any
right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which such party would otherwise have on any future occasion. 

  

EXHIBIT B 
 PAGE 2 

 9. Integration. This Guaranty represents the agreement of the Guarantor and Purchaser
with respect to the subject matter hereof and there are no promises or representations by the parties relative to the subject matter hereof that are not reflected herein. 
 10. Successors and Assigns. This Guaranty shall be binding upon the successors and assigns of the Guarantor and shall inure to the benefit of Purchaser, its successors and permitted assigns.

 11. Governing’ Law. THIS GUARANTY SHALL BE GOVERNED BY AND BE CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE
LAWS OF THE STATE INDIANA. 
 12. Notices. All notices, requests and demands to or upon the Guarantor
or Purchaser to be effective shall be in writing, by facsimile, by overnight courier or by registered or certified mail, postage prepaid and return receipt requested, and shall be deemed to have been duly given or made upon: (a) delivery by
hand, (b) one business day after being sent by overnight courier, (c) four business days after being deposited in the mail, postage prepaid; or-(d) in the case of transmission by facsimile, when confirmation of receipt is obtained. Such communications shall
be addressed and directed to the parties listed below, or to such other address or recipient for a party as may be hereafter notified by such party hereunder: 
  

			
	if to Guarantor:	  	If to Seller
	  
	  	  

	  
	  	  

	FAX:	  	FAX:
	Confirm:	  	Confirm:

 13. No Limitations; Termination. It is specifically understood that this Guaranty Agreement
imposes no financial restrictions, limitations on the right of the Guarantor to reorganize, add to or dispose of its properties, rights and interests, and to otherwise conduct its affairs (including the incurrence of liabilities) in any manner it
sees fit (whether in the ordinary course of business or otherwise). 
 IN WITNESS WHEREOF, the parties hereto have executed this
Guaranty Agreement the day and year first above written for the purposes contained herein. 
  

			
	INLAND STEEL INDUSTRIES	 	ELK RIVER RESOURCES, INC.
		
	By:	 	By:
	Title:	 	Title:

  

EXHIBIT B 
 PAGE 3 

 EXHIBIT C 
 to 
 Coke Purchase Agreement 

FORM OF ESCROW AGREEMENT 

  

EXHIBIT C 
 PAGE 1 

 ESCROW AGREEMENT 

This Escrow Agreement (this “Agreement”) is dated as of
                    , 19     among [Purchaser], [Seller], and
                    , as escrow agent (“Escrow Agent”). 
 [PREAMBLE] 
 1. Appointment of Escrow Agent. [Purchaser and Seller]
hereby appoint
                                        
as the Escrow Agent hereunder, and
                                        
hereby accepts such appointment. 
 2. Creation of Escrow Fund; Escrow Deposit. The Escrow Agent hereby agrees to hold in
a separate account or fund which shall be designated the “         Escrow Fund” (the “Escrow Fund”) the amounts hereinafter described. The Escrow Fund shall be held or disbursed by the
Escrow Agent under and subject to the provisions of this Agreement. The Escrow Agent hereby acknowledges its receipt of                     
Dollars ($            ), which amount shall be deposited into the Escrow Fund. 
 3. Investment of Escrow Fund. The Escrow Agent shall invest and reinvest the amounts on deposit in the Escrow Fund as Purchaser may direct by written notice to the Escrow Agent. The Escrow Fund may
be invested in (a) securities issued or fully guaranteed or insured by the United States government or any agency thereof; (b) certificates of deposit, eurocurrency and eurodollar time deposits, and overnight bank deposits of, and
securities guaranteed (by letter of credit or otherwise) by, or money market accounts offered by, any commercial bank or trust company which is organized under the laws of the United States or any state thereof having capital and surplus in excess
of $200,000,000 and whose short-term senior unsecured indebtedness is rated A-1 or P-1 by Standard & Poor’s Corporation or Moody’s Investors Service, respectively or an equivalent rating; (c) commercial paper rated A-1 or P-1
by Standard & Poor’s Corporation or Moody’s Investor Service, Inc., respectively, maturing not more than 360 days from the date of acquisition thereof by such person; (d) repurchase agreements with institutions whose
long-term senior unsecured indebtedness is rated A or better by Standard & Poor’s Corporation or A or better by Moody’s Investor’s Service, Inc.; (e) securities with maturities of six months or less from the date of
acquisition issued or fully guaranteed by any state, commonwealth or territory of the United States of America, or by any political territory of the United States of America, or by any political subdivision or taxing authority thereof, and rated A
or better by Standard & Poor’s Corporation or A or better by Moody’s Investors Service, Inc.; and (f) shares of mutual funds that invest primarily in any or all of the investments referred to in clauses (a) through (e).
The Escrow Agent reserves the right to request specific instructions in writing from Purchaser as to the investment of the Escrowed Funds and shall not be responsible for gains or losses in the market value of or the rate of interest earned on
investments made in accordance with the provision hereof. All earnings or other income received from such investment and reinvestment, less Escrow Taxes and losses, if any incurred on such investment and reinvestment (such net amount being herein
referred to as “Net Earnings”). 
 4. Disbursement of Escrow Fund. The Escrow Fund shall be held by the Escrow
Agent and not disbursed until one of the following events has occurred, in which event the Escrow Agent is authorized and directed to disburse the Escrow Fund, or a portion thereof, in the manner indicated: 

[ESCROW CONDITIONS FROM ARTICLE IX OF COKE PURCHASE AGREEMENT TO BE INSERTED HERE] 

  

EXHIBIT C 
 PAGE 2 

 (1) Upon receipt of a written direction signed by [Purchaser and Seller],
the Escrow Agent is authorized and directed to disburse the Escrow Fund as directed in such direction. 
 The Parties hereto agree that all
taxable income attributable to the Net Earnings shall be treated as income of Purchaser for all income and franchise tax purposes and Purchaser shall report such income on its income and franchise tax returns. During the fifth month of each calendar
year Purchaser shall submit a statement to the Escrow Agent with a copy to Seller setting forth taxes Purchaser is required to pay in respect of Net Earnings for the prior calendar year (such amount being calculated based on assumed Purchaser tax
rate of 26 percent (“Escrow Taxes”). Within 10 days of receipt of such statement and upon the receipt of a written direction signed by Seller and Purchaser, the Escrow Agent shall deliver by wire transfer of immediately available funds to
the account specified by Purchaser an amount equal to the Escrow Taxes. The Parties further agree that they will report for all income and franchise tax purposes that the price paid for Coke hereunder will exclude amounts deposited by Purchaser in
the Escrow Fund. 
 5. Termination. This Agreement shall terminate and be of no further force and effect on the date when
all monies comprising the Escrow Fund have been disbursed in accordance with the terms hereof. If this Agreement is still in effect on the date which is
                     years after the date hereof, and the Escrow Agent has not received any instructions pursuant to Section 4 hereof,
the Escrow Agent shall promptly disburse the Escrow Fund plus all Net Earnings earned thereon to
                                        .

 6. Escrow Agent’s Duties and Fees. 

(a) Duties Limited. The Escrow Agent undertakes to perform only such duties as are expressly set forth herein and
shall not be subject to, nor have any liability or responsibility under, nor to be obligated to recognize, the                      Agreement
or any other agreement between, or directions or instructions of, any of the parties hereto or any other person in carrying out its duties hereunder, except for written directions or notices delivered to the Escrow Agent in accordance with
Section 4 of this Agreement. 
 (b) Reliance. The Escrow Agent may rely upon, and shall be protected
in acting or refraining from acting upon, any written notice, instruction or request furnished to it hereunder and reasonably believed by it to be genuine and to have been signed or presented by the proper party or parties. The Escrow Agent may act
in reliance upon the reasonable advice of counsel satisfactory to it in reference to any matter connected with its obligations hereunder and shall not incur any liability for any action taken in accordance with such advice. 

(c) Standard of Care; Indemnification. The Escrow Agent shall not be responsible for any act or failure to act
hereunder except in the case of its willful misconduct, gross negligence or bad faith. The parties hereto (other than the Escrow Agent) shall jointly and severally indemnify the Escrow Agent and hold it harmless against any claims, losses,
liabilities, judgments, attorneys’ fees and other costs or expenses of any kind incurred by the Escrow Agent without willful misconduct, gross negligence or bad faith on its part, arising out of or in connection with its entering into this
Agreement and the performance of its duties hereunder, including, without limitation, any litigation arising from this Agreement or involving the subject matter hereof. This Section 6(c) shall survive the termination of this Agreement for any
reason. 

  

EXHIBIT C 
 PAGE 3 

 (d) Disputes. [Arbitration language to be added following Coke
Purchase Agreement] 
 (e) Successor Escrow Agent. The Escrow Agent may resign and be discharged from its
duties or obligations hereunder by giving notice in writing of such resignation to                         , specifying
the date upon which such resignation shall take effect.                         , together, shall have the right to
terminate the appointment of the Escrow Agent hereunder by giving to it notice in writing of such termination, specifying the date upon which such termination shall take effect. Upon any such resignation or termination of the Escrow Agent,
                         shall appoint a successor Escrow Agent who shall have all rights of an Escrow Agent hereunder and
be bound by all of the provisions hereof. 
 (f) Fees and Expenses. The escrow Agent shall receive a fee
for its services hereunder as set forth on Schedule 1 hereto, and shall be reimbursed for its reasonable out-of-pocket expenses incurred in performing its duties hereunder.
                         shall pay the Escrow Agent’s fees for its services hereunder and any expected costs and
expenses (including attorney’s fees and expenses) incurred by it hereunder. 
 (g) Compliance with Court
Order. If all or part of the Escrow Fund held by the Escrow Agent hereunder shall be attached, garnished or levied upon under any order of court, or if the delivery thereof shall be stayed or enjoined by any order of court, or if any other
order, judgment or decree shall be made or entered by any court affecting the Escrow Fund or any part thereof, the Escrow Agent is expressly authorized in its sole reasonable discretion to obey and comply with all writs, orders, judgments, or
decrees so entered or issued, whether with or without jurisdiction, and in case it obeys and complies with any such writ, order, judgment, or decree, it shall not be liable to
                        , its successors or assigns, any of its clients or to any other person or entity, by reason of
such compliance, notwithstanding that such writ, order, judgment or decree be subsequently reversed, modified, annulled, set aside or vacated. 
 7. Notices. Unless otherwise specifically provided herein, all notices and other communications required or permitted hereunder: 

(a) shall be in writing; 
 (b) shall be sent by messenger, certified or registered U.S. mail, a reliable express delivery service or telecopier (with a copy sent by one of the foregoing means), charges prepaid as applicable, to the
appropriate address(es) or number(s) set forth below; and 
 (c) shall be deemed to have been given on the date
or receipt by the addressee (or, if the date of receipt is not a business day, on the first business day after the date of receipt), as evidenced by (i) a receipt executed by the addressee (or a responsible person in his or her office), the
records of the person delivering such communication or a notice to the effect that such addressee refused to claim or accept such communication, if sent by messenger, U.S. mail or express delivery service, or (ii) a receipt generated by the
sender’s telecopier showing that such communication was sent to the appropriate number on a specified date, if sent by telecopier, provided that hard copy is mailed on the same day. 

  

EXHIBIT C 
 PAGE 4 

 All such communications shall be sent to the following addresses or numbers, or to such other addresses or
numbers as any party may inform the others by giving five (5) days’ prior notice: 
  

							
	If to [Seller]:	  	
		  	  
	  	
		  	  
	  	
		  	  
	  	
		  	FAX:	 	  
	  	
		  	Confirm:	 	  
	  	
		
	If to [Purchaser]:	  	
		  	  
	  	
		  	  
	  	
		  	  
	  	
		  	FAX:	 	  
	  	
		  	Confirm:	 	  
	  	
		
	If to Escrow Agent:	  	
		  	  
	  	
		  	  
	  	
		  	  
	  	
		  	FAX:	 	  
	  	
		  	Confirm:	 	  
	  	

 8. Miscellaneous. 

(a) Benefits of Parties. This Agreement shall inure to the benefit of and be binding upon each of the parties and
their respective successors and permitted assigns. 
 (b) Assignment. Neither this Agreement nor any
right, interest or obligation hereunder may be assigned, pledged or otherwise transferred by any party, whether by operation of law or otherwise, without the prior consent of the other parties. 

(c) Amendments. This Agreement may be amended, modified or supplemented only by a writing signed by each of the
parties, and any such amendment shall be effective only to the extent specifically set forth in such writing. 

(d) Counterparts; Telefacsimile Execution. This Agreement may be executed in any number of counterparts, and by
each of the parties on separate counterparts, each of which, when so executed, shall be deemed an original, but all of which shall constitute but one and the same instrument. Delivery of an executed counterpart of this Agreement by telefacsimile
shall be equally as effective as delivery of a manually executed counterpart of this Agreement. Any party delivering an executed counterpart of this Agreement by telefacsimile also shall deliver a manually executed counterpart of this Agreement, but
the failure to deliver a manually executed counterpart shall not affect the validity, enforceability or binding effect of this Agreement. 

  

EXHIBIT C 
 PAGE 5 

 (e) Entire Agreement. This Agreement contains the entire agreement of the
parties with respect to the transaction contemplated hereby and supersedes all prior written and oral agreements, and all contemporaneous oral agreements, relating to such transactions. 

(f) Governing Law. THIS AGREEMENT SHALL BE A CONTRACT UNDER THE LAWS OF THE STATE OF INDIANA AND FOR ALL PURPOSES
SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF SAID STATE. 
 (g)
Headings. All titles and headings in this Agreement are intended solely for convenience of reference and shall in no way limit or otherwise affect the interpretation of any of the provisions hereof. 

IN WITNESS WHEREOF, this Escrow Agreement has been executed by the undersigned as of the date first written above. 

 

			
	[SELLER]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	[PURCHASER]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	ESCROW AGENT:
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

EXHIBIT C 
 PAGE 6 

 Schedule 1 to the Escrow Agreement Fees 

[TO BE PROVIDED] 

  

EXHIBIT C 
 PAGE 7Coke Sale and Fed Water Processing Agt

 Exhibit 10.32 
 SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL 

TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS 

BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE 

TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****). 

COKE SALE AND FEED WATER PROCESSING AGREEMENT 
 By and Between 
 United States Steel Corporation 

and 

Gateway Energy & Coke Company, LLC 
 Dated February 28, 2008 

 COKE SALE AND FEED WATER PROCESSING AGREEMENT 

THIS COKE SALE AND FEED WATER PROCESSING AGREEMENT dated as of February 28, 2008 (the “Effective Date”) is made by and
between Gateway Energy & Coke Company, LLC, a Delaware limited liability company with offices at Parkside Plaza, 11400 Parkside Drive, Knoxville TN 37934 (“Provider”) and United States Steel Corporation, a Delaware corporation
with offices at 600 Grant Street, Pittsburgh, Pennsylvania 15219-2800 (“Off-Taker”). 
 For good and valuable
consideration, the receipt and adequacy of which is hereby acknowledged, the Parties, intending to be legally bound, agree as follows: 
 ARTICLE I 
 DEFINITIONS; BASIC OBLIGATIONS OF THE PARTIES 

1.1 Definitions. The definitions of certain capitalized terms used in this Agreement are contained in the attached Appendix A.

 1.2 Basic Obligations of the Parties - Coke. Subject to the terms, conditions and requirements of this Agreement:

 (a) Initial Operating Period. During the Initial Operating Period (i) Provider shall deliver to Off-Taker and
Off-Taker shall accept all Conforming Coke Tonnage, and (ii) Off-Taker shall accept any Nonconforming Coke Tonnage delivered by Provider as set forth in Section 5.1(d). The purchase price in respect of Conforming Coke Tonnage is the Coke
Price, and in respect of such Nonconforming Coke Tonnage is the applicable price set forth in Section 5.1(d)(iii). Provider will also provide to Off-Taker on the first business day of each Week a nonbinding projection of (x) the duration
of the Initial Operating Period, (y) Coke production for such Week, and (z) Coke production for each subsequent Week remaining in the Initial Operating Period. 
 (b) Remaining Term. Following the Initial Operating Period and throughout the balance of the Term and, as applicable, the Option Term, Provider shall (i) deliver to Off-Taker, and Off-Taker
shall accept, all Conforming Coke Tonnage in accordance with the Coke Supply and Purchase Obligation; and (ii) Off-Taker shall accept any Nonconforming Coke Tonnage that is accepted by Off-Taker pursuant to Section 5.1(d)(iii). The
purchase price in respect of Conforming Coke Tonnage is the Coke Price, and in respect of such Nonconforming Coke Tonnage is the applicable price set forth in Section 5.1(d)(iii). 

1.3 Basic Obligations of the Parties - Feed Water Processing. Subject to the terms, conditions and requirements of this Agreement,
throughout the Term and, as applicable, the Option Term Provider shall process Conforming Feed Water (delivered by Off-Taker to Provider at the Feed Water Delivery Point) into Steam on behalf of Off-Taker and Off-Taker shall accept such Steam at the
Steam Delivery Point. Following the Initial Operating Period, such Steam deliveries shall be in accordance with the Minimum Steam Supply Obligation. In consideration thereof, Off-Taker shall pay to Provider the sum of (i) Monthly Feed Water
Processing Fee based upon the quantity of Conforming Steam delivered to the Steam Delivery Point (provided such 

  
 1 

 
quantity of Conforming Steam is at or above the Minimum Steam Supply Obligation) less, as applicable, (ii) any credit in respect of Provider’s failure to meet the Minimum Steam Supply
Obligation as particularly set forth in Section 6.9(d). 
 1.4 Guarantee of Provider’s Obligations. The
obligations of Provider and any permitted assignee or transferee under this Agreement shall be guaranteed by SunCoke Energy, Inc. and Sun Coal and Coke Company pursuant to a guaranty in the form of Schedule 1.4 that Provider shall cause SunCoke
Energy, Inc. and Sun Coal and Coke Company to execute and deliver to Off-Taker at the time of the execution and delivery of this Agreement. 
 1.5 Financial Statements and Related Information. During the Term and, as applicable, the Option Term and any Renewal Term, for so long as Off-Taker is required to consolidate the financial
statements of Provider with the financial statements of Off-Taker as reasonably determined by Off-Taker in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) (such consolidation
requirement being referred to hereafter as the “Consolidation”), Provider shall: (a) no later than the beginning of the fifth (5th) business day following the end of each Month, or sooner if available, provide to Off-Taker the
preliminary income statement and balance sheet of Provider for such Month, and no later than the end of the fifth (5th) business day following the end of each Month, provide to Off-Taker an updated income statement and balance sheet of Provider
for such month, each prepared in accordance with U.S. GAAP, consistently applied; (b) promptly provide Off-Taker with an updated income statement and balance sheet if any changes are made, as applicable, to such income statement or balance
sheet of Provider following the end of such Month; (c) no later than fifteen (15) business days following the end of each calendar quarter transpiring during the Term and Option Term during which Consolidation is required, provide to
Off-Taker financial information for such quarter, including a final balance sheet and the related statement of income and cash flows, each prepared in accordance with U.S. GAAP, consistently applied; (d) no later than one hundred and twenty
(120) days following the end of each fiscal year, provide to Off-Taker audited financial statements and footnotes of Provider, including a balance sheet and the related statements of income and cash flows, each prepared in accordance with U.S.
GAAP, consistently applied, and reported on by an independent registered public accounting firm; (e) promptly after receipt of a request from Off-Taker, provide Off-Taker with such financial or other information as Off-Taker may reasonably
request in order to enable Off-Taker to complete the Consolidation; (f) promptly after receipt of a request from Off-Taker, provide Off-Taker with such financial or other information as Off-Taker may reasonably request in connection with
Off-Taker’s quarterly and annual planning process, including annual business plan information no later than seventy five (75) calendar days prior to end of the prior year; (g) promptly after receipt of a request from Off-Taker,
provide Off-Taker with such financial or other information as Off-Taker may reasonably request in order to enable Off-Taker to prepare the reports which Off-Taker is obligated to file with the Securities and Exchange Commission; (h) allow
Off-Taker and its employees and designated agents, at all reasonable times during normal business hours, to audit, examine and make copies or extracts from the books of account records, files and bank statements of Provider as Off-Taker may
reasonably request in order to enable it to complete the Consolidation and, to the extent necessary for Off-Taker to meet its requirements under Section 404 of the Sarbanes-Oxley Act of 2002 (and any similar subsequent regulatory requirements),
to assess the internal controls over financial reporting of Provider. The books and records of Provider shall be subject to retention policies that are reviewed and approved by Off-Taker. The 

  
 2 

 
financial information described in clauses (a), (b) and (c) above shall be accompanied by a certification signed by the Principal Accounting Officer of Provider stating that:

 (i) To the best of such officer’s knowledge and belief, the financial information fairly presents, in all
material respects, the financial condition, results of operations and, in the case of the financial information provided pursuant to clause (c), cash flows of Provider as of and for the period presented in the report; 

(ii) Such officer is responsible for establishing and maintaining disclosure controls and procedures and internal control
over financial reporting for Provider and has: (y) designed such disclosure controls and procedures to ensure that Material Information relating to Provider is made known to such officer by others within the entity, particularly during the
period for which the report is being prepared; and (z) designed such internal controls over financial reporting to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial information in
accordance with U.S. GAAP; 
 (iii) For the purposes of Off-Taker’s assessment of the materiality of
misstatements in Off-Taker’s financial statements pursuant to SEC Staff Accounting Bulletin No. 99, all Material information has been provided to Off-Taker regarding all known unadjusted misstatements of financial data that has been
submitted to Off-Taker. As used in this provision, the term “Material” shall mean any amount over $500,000; 
 (iv) Any significant deficiencies in the design or operation of internal controls that could adversely affect Provider’s ability to record, process, summarize and report financial data of which such
officer is aware have been made know to Off-Taker; and 
 (v) Any fraud, whether or not material, that involves
management or other employees who have a significant role in Provider’s internal controls of which such officer is aware has been made known to the Off-Taker. 
 1.6 Debt. 
 (a) Debt Limit. Subject to Sections 1.6(b), (e) and
(d), except for Permitted Debt, Provider will not incur, assume or permit to exist any Debt as of the conclusion of each applicable quarter for so long as Off-Taker is required to consolidate the financial statements of Provider with the financial
statements of Off-Taker in accordance with U.S. GAAP (the “Consolidation Period”). As used herein, the term “Debt” means debt consolidated on Provider’s financial statements under U. S. GAAP and all other liabilities,
obligations and indebtedness of Provider to any Enterprise, of any kind or nature, now or hereafter owing, arising, due or payable, howsoever evidenced, created, incurred, acquired or owing, whether primary, secondary, direct, contingent, fixed or
otherwise, in accordance with U.S. GAAP such as (i) all obligations of Provider for borrowed money or with respect to deposits or advances of any kind; (ii) all obligations of Provider evidenced by bonds, debentures, notes or other similar
instruments; (iii) all obligations of Provider on which interest charges are customarily paid (other than obligations where interest is levied only on late or past due amounts); (iv) all obligations of Provider under conditional sale or
other title retention agreements relating to property acquired 

  
 3 

 
by Provider; (v) all obligations of Provider in respect of the deferred purchase price of property or services; (vi) all debt of others secured by any mortgage, deed of trust, lien,
pledge, hypothecation, encumbrance, charge or security interest in, on or of property owned or acquired by Provider, whether or not the debt secured thereby has been assumed where such debt is consolidated on Provider’s financial statements in
accordance with U.S. GAAP; (vii) all guarantees by Provider of the debt of others; (viii) all obligations of Provider to pay rent or other amounts under any lease of, or other arrangement conveying the right to use, real or personal
property or a combination thereof, which obligations are required under U.S. GAAP to be classified and accounted for as capital leases on the balance sheet of Provider; (ix) all obligations, contingent or otherwise, of Provider as an account
party in respect of letters of credit and letters of guaranty; (x) all capital stock or other equity interests of Provider which are required to be redeemed or are redeemable at the option of the holder if certain events or conditions exist or
occur; (xi) the aggregate amount advanced by buyers or lenders with respect to all receivables securitization programs or other type of accounts receivable financing transactions; and (xii) all obligations, contingent or otherwise, of
Provider in respect of bankers acceptances. For the avoidance of doubt, Debt shall not include any debt incurred by any Enterprise holding a membership or other interest in Provider that is secured by any mortgage, deed of trust, lien, pledge,
hypothecation, encumbrance, charge or security interest in, on or of property owned or acquired by such Enterprise including, without limitation, any membership interest of such Enterprise in Provider, unless Provider is required to consolidate such
debt under U.S. GAAP on its financial statements as set forth in the audited financial statements and footnotes required in respect of Section 1.5(d) (which statements shall prevail for the purpose of determining the requirements of U.S. GAAP
for such purpose). 
 (b) Permitted Debt. As used herein, the term “Permitted Debt” means (i) capital
lease, as determined in accordance with U.S. GAAP, in an amount not to exceed ten million dollars ($10,000,000.00), in respect of the provision off-site by a third party contractor of Coal transportation, handling and blending services, and Coal
Blend transportation services from off-site to the Plant, (ii) Gateway Encumbrances, (iii) debt in respect of Provider’s financing of Government Mandated Additional Capital Expenditures, up to the aggregate amount of Government
Mandated Additional Capital Expenditures not to exceed the product of (x) 0.5 multiplied by (y) thirty two million five hundred thousand dollars ($32,500,000.00) multiplied by (z) the Cumulative Index Percentage as of the dates such
Government Mandated Additional Capital Expenditures are incurred, but only to the extent such debt does not exceed Provider’s actual direct cost of such Government Mandated Additional Capital Expenditures, (iv) the following obligations
incurred in the ordinary course of business: accounts payable (including Coal Costs), accrued liabilities, payroll and other benefit plan liabilities, and Provider’s obligation to decommission the Plant, and clean up and restore the Property as
set forth in the Purchase Agreement, (v) Provider’s performance and payment obligations to Off-Taker (including payments tendered as credits) in respect of this Agreement, (vi) debt obligations of Provider to Off-Taker in respect of
the Purchase Agreement; and (vii) notwithstanding any other provision of this Section 1.6, other debt that does not exceed thirty million dollars ($30,000,000.00) in the aggregate. 

(c) Change in U.S. GAAP. In the event of a change in U.S. GAAP subsequent to the Effective Date that requires Off-Taker to
consolidate any debt incurred by Provider or any Enterprise holding a membership interest in Provider from a transaction, contract or relationship 

  
 4 

 
that existed prior to the change in U.S. GAAP, that is secured by any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of property owned or
acquired by such Enterprise, including, without limitation, any membership or other interest of such Enterprise in Provider with its financial statements based upon the audited financial statements and footnotes required in respect of
Section 1.5(d) (which statements shall prevail for the purpose of determining the requirements of U.S. GAAP for such purpose), such consolidation shall not constitute a Provider Default, and the Parties shall reasonably cooperate with each
other in mitigating the effects of such consolidation. Provided, however, neither Provider nor any of its Affiliates shall be obligated to make any expenditure in respect of curing or otherwise mitigating such effects. Notwithstanding this
Section 1.6(c), transactions, contracts or relationships entered into by Provider or any Enterprise holding a membership interest in Provider subsequent to a change in U.S. GAAP will be subject to the debt limit set forth in Section 1.6(a)
according to U.S. GAAP as of the time the transaction, contract or relationship is entered into. 
 (d) Unaffiliated
Enterprises. In the event a unilateral action, or series of actions, taken by an unaffiliated Enterprise that changes how an existing relationship with Provider is accounted for in accordance with U.S. GAAP based upon the audited financial
statements and footnotes required in respect of Section 1.5(d) (which statements shall prevail for the purpose of determining the requirements of U.S. GAAP), that now requires Provider to consolidate any debt of the unaffiliated Enterprise,
then such action shall not constitute a Provider Default, and the Parties shall reasonably cooperate in mitigating the effects of such consolidation, Provided, however, neither Provider nor any of its Affiliates shall be obligated to make any
expenditure in respect of curing or otherwise mitigating such effects. 
 1.7 Transfer of Ownership Interest. 

(a) Prohibited Transfers. Notwithstanding any other provision in this Agreement, and subject to the requirements of
Section 1.8, Provider shall not transfer any interest in Provider, nor shall Provider’s Affiliates (as applicable) transfer any membership or other interest in Provider, in whole or in part, to any Enterprise, including any Affiliate of a
Party (collectively, a “Transfer”), without the Written consent of Off-Taker, which consent may be withheld by Off-Taker in its sole and absolute discretion, unless such proposed Transfer is a Permitted Transfer. 

(b) Permitted Transfers. As used herein, a “Permitted Transfer” is a Transfer whereby: 

(i) Sunoco or any of its wholly owned Affiliates will retain a combined ownership share of at least thirty percent
(30%) in (y) Provider, or (z) Sun Coal & Coke Company and SunCoke Energy, Inc., or any successor(s) thereof (collectively, “Sun Coke”) (provided, however, that in such event Provider remains wholly owned by Sun Coke
and/or Sun Coke’s wholly owned affiliates); or 
 (ii) As of the date of such Transfer, and thereafter for
the remaining balance of the Term and, as applicable, the Option Term and any Renewal Term, the (y) respective owner’s equity of Provider and Sun Coke is a least One Hundred Million Dollars ($100,000,000) each, in each case based upon
current audited financial statements 

  
 5 

 
prepared annually in accordance with U.S. GAAP (the “Minimum Owner’s Equity”); and (z) the proposed Transferee provides Off-Taker with reasonable assurances that it or its
designee will be able to fulfill its obligations in respect of this Agreement. Provider shall deliver or, as applicable, shall cause Sun Coke to deliver, true and correct copies of such audited financial statements to Off-Taker not less than ten
(10) calendar days prior to such Transfer and annually thereafter within ten (10) calendar days following the receipt thereof by Provider and Sun Coke. 
 Provided, however, and notwithstanding subparts (i) and (ii) hereof, as of the date of such proposed Transfer, and thereafter for the remaining balance of the Term and, as applicable, the Option
Term and any Renewal Term, a proposed Transfer will not be deemed to be a Permitted Transfer if either (y) such Transfer could reasonably be expected to diminish in a material manner the benefits and rights of Off-Taker under this Agreement,
including without limitation the benefits with respect to the Section 48B Credit under Section 3.1(b)(iii) or the Section 45 Credits under Section 3.5, or (z) the proposed Transferee or an affiliate(s) of the proposed
Transferee is a company engaged in the production of steel or the processing of steel into intermediate steel products for resale to manufacturers of end products or to wholesale distributors, where the gross revenue in respect of such proposed
Transferee or its affiliate(s) in such steel production or processing business applicable to North American sales is more than one billion dollars ($1,000,000,000.00) annually (hereinafter such company is referred to as a “Competitor”),
provided however, such proposed Transfer shall not be deemed to be a Transfer to an affiliate of a Competitor if the Transfer is to an affiliate that is a passive investor in a Competitor, so long as such passive investment is, and continues to be,
limited to not more than five percent (5%) of the ownership interests of such entity. 
 (c) Default and Cure
Obligations. Provider acknowledges that any Transfer that is not a Permitted Transfer shall constitute a material default of this Agreement. In the event such a default by Provider or Sun Coke (hereinafter individually referred to as
“Owner” and collectively referred to as “Owners”) is in respect of the Minimum Owner’s Equity obligation, then the Owner(s) in default shall be obligated cure such default by either delivering to Off-Taker, within ninety
(90) days following its receipt of any such non-conforming audited financial statement(s), either (i) supplemental audited financial statement(s), prepared in accordance with U.S. GAAP, which demonstrate that the total owner’s equity
of such Owner(s) is at least the Minimum Owner’s Equity, or (ii) irrevocable letter(s) of credit in favor of Off-Taker issued by a Qualified Bank in an amount equal to the difference (rounded up to the nearest five million dollars
($5,000,000.00) between (y) the Minimum Owner’s Equity and (z) the total owner’s equity of such Owner(s) as determined by the applicable current audited financial statement(s) prepared in accordance with U.S. GAAP, until Provider
delivers or, as applicable, causes Sun Coke to deliver to Off Taker a current audited financial statement (prepared in accordance with U.S. GAAP) which demonstrates that the total owner’s equity of such Owner(s) is at least the Minimum
Owner’s Equity. Such irrevocable letter(s) of credit shall be immediately payable at the option of and upon first demand by the Off-Taker on and at any time after the occurrence a Provider Default that is not cured during the applicable cure
period set forth in Section 10.2. In the event such a Provider Default diminishes any of the benefits of Off-Taker under this Agreement, including without limitation such benefits with respect to the Section 48B Credit under
Section 3.1(b)(iii) or the Section 45 Credits under Section 3.5, Provider shall cure or, as applicable, shall cause Sun Coke to cure such default by fully mitigating the economic harm to

  
 6 

 
Off-Taker arising from such Transfer within thirty (30) calendar days following its discovery thereof or its receipt of written, notice thereof from Off-Taker (which notice shall reasonably
describe such diminishment and the basis of its determination). 
 1.8 Single Purpose Entity. Provider represents and
warrants that it now is, and agrees that during the Term and, as applicable, the Option Term it shall remain, a single purpose entity and that its business activities will be limited in scope to (i) constructing, owning, developing, operating
and maintaining the Plant, (ii) holding those assets comprising and relating to the Plant, and (iii) entering into, performing, and enforcing and, as applicable, receiving consideration in respect of this Agreement and the related
agreements for the transaction contemplated hereby (including the Purchase Agreement, construction, engineering and procurement agreements for the Plant, Coal supply agreements, agreements relating to the transportation, blending, testing, sampling
of Coals, and such other agreements as are reasonably required to effectuate this transaction). 
 1.9 Equitable Relief.
The Parties acknowledge that Off Taker will be irreparably harmed if the provisions of Sections 1.6, 1.7 and 1.8 are breached, Accordingly, Off Taker will be entitled to appropriate measures, including preliminary and permanent injunctive relief and
(as applicable) specific performance, to prevent breaches of those Sections and to enforce those Sections, and in connection therewith will not be required to post a bond or other form of security as a condition of obtaining any temporary,
preliminary or interim equitable relief (including without limitation, injunctive relief). 
 1.10
Emission Credits. The Parties acknowledge that Off-Taker has applied to the Illinois Environmental Protection Agency (“TEPA”) for certain emission credits in respect of sulfur dioxide, oxides of nitrogen and particulates
(collectively, “Credits”), and that upon the approval thereof by IEPA, a portion or the entirety of such Credits (as applicable) will be provided to and used by Provider, without additional consideration, so that Provider will comply with
certain emission limits set forth in its “Permit to Install” in respect of the Plant (the “Installation Permit”). Accordingly, Off-Taker will make available to Provider all or a portion of such Credits, depending upon the number
of such Credits that are approved by the IEPA and that are required for use by Provider, so that Provider is able to operate the Plant in accordance with such Installation Permit. As of the Effective Date, the Parties estimate that approximately two
hundred thirty (230) tons of such SO2 Credits will be
retained by Off-Taker. Such Credits will be provided by Off-Taker to Provider promptly upon the approval thereof by the I KPA. Provided, however, (i) in no event will Off-Taker be required to make available to Provider more Credits than are
approved by the TFPA in the Off-Taker’s application for Credits, and (ii) in the event the IEPA provides Off-Taker with more Credits than are required by Provider to operate the Plant in accordance with the Installation Permit, the excess
Credits will be retained by Off-Taker. For the avoidance of doubt, the Parties acknowledge that Off-Taker will not be required to provide Provider with any such excess Credits in connection with any proposed amendment by Provider of the Installation
Permit following its original issuance. 
 1.11 Tie-In Points. The Parties acknowledge that they have established tie-in
points between the Plant and the Mill, and that such tie-in points are specifically set forth in Schedule 1.11. Neither Party shall alter the location and design basis of such tie-in points without the written consent of the other Party, which
consent shall not be unreasonably be withheld. 

  
 7 

 1.12 Intention of the Parties. This Agreement shall be for the sole purpose of the
supply and provision by Provider to Off-Taker of the products and services set forth herein, and shall not be construed to be for any other purpose including, without limitation (but subject to Section 1.4), guaranteeing or assuring the
indebtedness of any other Party. 
 ARTICLE II 
 TERM 
 2.1 Term. The term of this Agreement (“Term”) shall
commence on the Effective Date and, subject to earlier termination in accordance with this Agreement, shall continue in effect for fifteen (15) Contract Years. 
 2.2 Extension. 
 (a) Renewal Term. If Off-Taker provides Provider
with a written request to renew this Agreement (the “Renewal Notice”) at least twenty four (24) Months prior to the end of the Term or, as applicable, the Option Term, then Off-Taker and Provider shall negotiate in good faith the
terms and conditions (including without limitation, the Coke Price, the Monthly Feed Water Processing Fee and the term of any such renewal) upon which Provider will, following the Term or, as applicable, the Option Term, (i) deliver and sell
Conforming Coke to Off-Taker and (ii) process Conforming Feed Water provided by Off-Taker to Provider into Conforming Steam on behalf of Off-Taker. Should Off-Taker not deliver to Provider the Renewal Notice in the required manner, or should
the Parties be unable to reach agreement on the terms and conditions for renewing this Agreement within twelve (12) Months after the Renewal Notice is delivered by Off-Taker, then neither Party shall be under any obligation to renew or
negotiate the renewal of this Agreement. 
 (b) Option Term. Provided the Parties have not renewed the Agreement pursuant
to Section 2.2(a), if Off-Taker is not in default of this Agreement and provides Provider with a written request to renew this Agreement (the “Option Notice”) at least twelve (12) Months prior to the end of the Term, then
Off-Taker shall have the option to renew this Agreement for an additional five (5) Years upon receipt of such Option Notice. Provided, in the event the Actual O&M Component in respect of the thirteenth and fourteenth Contract Years of the
Term is, on average, greater than the applicable average O&M Component Limit for such Contract Years, then the O&M Component Limit as of the commencement of such renewal term shall be the product of (i) the average of the
(y) Actual O&M Component for the thirteenth Contract Year of the Term multiplied by the sum of one (1) plus the Annual Index Percentage for such Contract Year and (z) Actual O&M Component for the fourteenth Contract Year of
the Term, which average amount shall then be multiplied by (ii) the sum of one (1) plus the Annual Index Percentage for the fifteenth Contract Year of the Term. Should Off-Taker not deliver to Provider the Option Notice in the required
manner, then neither Party shall be under any obligation to renew this Agreement pursuant to this Section 2.2(b). 

ARTICLE III 

COKE PRICE, FEED WATER PROCESSING FEE, TAXES AND PAYMENT TERMS 

3.1 Coke Price. 

  
 8 

 (a) Components. During the Initial Operating Period and the Initial Year, the Coke
Price is the sum of (w) the Fixed Price Component, (x) the O&M Component set forth in Section 3.1(e)(i), (y) the Insurance Component, and (z) the Coal Cost Component, During each Contract Year, the Coke Price is the sum
of (A) the Fixed Price Component, (B) subject to Section 3.1(c)(x), the O&M Component as determined in accordance with Sections 3.1(c)(ii-ix), (C) the Insurance Component, and (D) the Coal Cost Component. Provided,
however, if the Initial Year commences on or before April 30th, then the Initial Year shall be the first Contract Year. 

(b) Fixed Price Component. 
 (i) Subject to Section 3.1(b)(ii) and (iii) the Fixed Price Component, which is not subject to any escalation during the Term or, as applicable, the Option Term, is ***** dollars ***** ($*****)
per Ton of Coke. 
 (ii) The Fixed Price Component will be adjusted as of the effective date of any change in law
that repeals or reduces the amount of the Section 199 production activities deduction under the Internal Revenue Code of 1986 (the “Code”), or which limits the benefit-or availability of such deduction, in either case with respect to
income arising from the sale of Coke or the processing of Feed Water under this Agreement. In the event of such a repeal, the adjustment to the Fixed Price Component (the “Adjusted Fixed Price Component”), as of the effective date and the
remaining portion of the Year during which such effective date transpires, and as respects the applicable remaining Years of the Term following such Year (collectively, the “Adjustment Period”), is set forth in Schedule 3.1(b)(ii).
Provided, however, if such deduction is reduced, then the Fixed Price Component in respect of the Adjustment Period will be proportionately adjusted based upon the following formula: 

***** 
 (iii) The Parties acknowledge that (i) Provider has entered into a Closing Agreement with the Internal Revenue Service, a true and correct copy of which is attached and incorporated herewith as
Exhibit “A” (the “Tax Credit Agreement”), pertaining to a tax credit under Section 48B (the “Section 48B Credit”) of the Code in respect of the Plant and its operations; (ii) the amount of such
Section 48B Credit is ***** dollars ($*****) (the “Section 48B Credit Amount”); (iii) ***** percent (*****%) of the value of such Section 48B Credit has been allocated to Off-Taker pursuant to a discount in the Fixed Price
Component in the amount of ***** dollars ***** ($*****) per Ton of Coke; and (iv) such Section 48B Credit is subject to forfeiture or reduction as particularly set forth in the Tax Credit Agreement. Accordingly, in the event that such
Section 48B Credit is forfeited or reduced based upon the grounds set forth in the Tax Credit Agreement, then the Fixed Price Component per Ton of Coke will be increased, as of the commencement of Month following the date on which the Internal
Revenue Service assesses such forfeiture or reduction (the “Assessment Date”), by the amount of ***** dollars ***** ($*****) per Ton of Coke multiplied by a fraction (expressed as a percentage), (y) the numerator of which is the
amount, as applicable, of the forfeiture or reduction in the Section 48B Credit, and (z) the denominator of which is $***** (the “Section 48B Credit Adjustment Percentage”). In addition, Off-Taker shall

  
 9 

 
pay to Provider a lump sum equal to the (y) product of the (A) the Section 48B Credit Amount of ***** dollars ***** ($*****), multiplied by (B) the Section 48B Credit
Adjustment Percentage, further multiplied by (C) the Tons of Coke delivered and accepted by Off-Taker from the commencement of the Initial Operating Period through the Assessment Date (provided, Coke wrongfully rejected by Off-Taker will be
deemed for this purpose to have been accepted by Off-Taker) (the “Applicable Coke Tonnage”), plus (z) interest in respect of the product of (x) ***** dollars ***** ($*****) multiplied by (y) the Section 48B Credit
Adjustment Percentage, and further multiplied by (z) the Applicable Coke Tonnage at the actual underpayment rate paid by Sunoco for the applicable quarter as set forth in section 6621 of the Code or the successor provision; computed on a
quarterly basis from the effective date of such forfeiture or reduction through the Assessment Date. A hypothetical calculation in respect of the foregoing, including the calculation of such interest, is set forth in Schedule 3.1(b)(iii)). Provider
shall provide Off-Taker with prompt written notification of such forfeiture or reduction, which shall include the basis for calculating such lump sum amount through the Assessment Date. Provided, however, if the Parties agree to challenge any such
proposed forfeiture or reduction of the Section 48B Credit, then costs and charges associated with any such challenge (including, without limitation, attorneys’ and consultants’ fees) shall be borne equally by Provider and Off-Taker.

 (c) O&M Component. 
 (i) The O&M Component, in respect of the Initial Operating Period and the Initial Year (the “Initial O&M Component”), is the product of (i) $***** per Ton of Coke multiplied by
(ii) the adjustment factor set forth in Schedule 3.1(c)(i). Provided, however, if the Initial Year commences on or before April 30th, then the O&M Component for such Initial Year shall be determined in the manner set forth in Sections
3.1(c)(ii) - (ix). 
 (ii) At least ninety (90) calendar days prior to the commencement of each Contract
Year, Provider will deliver to Off-Taker a good faith forecast (the “Forecast”) that sets forth in reasonable detail the projected O&M Expenses for the next ensuing Contract Year, which shall include sufficient supporting information
for Off-Taker to reasonably verify the Forecast. Provider will also provide with the Forecast a projection of the expected production and Coke Price for the current Contract Year. Such Forecast shall be based upon (A) historic operations and
maintenance history at other comparable domestic coke making facilities that utilize SunCoke Energy, Inc.’s proprietary heat recovery coke making technology as such history applies to the Plant; (B) historic operations and maintenance
history at the Plant; (C) subject to Article VIII and Section 3.3(b), compliance with Governmental Requirements in respect of the Plant; (D) Targeted Coke Production in respect of the Coal Blend(s) to be utilized during such Contract
Year; (E) labor expenses; (F) Prudent Operating and Maintenance Practices reasonably required to maintain the Plant in reasonable operating condition considering the age of the Plant, its originally projected useful life of thirty
(30) years, and Provider’s obligations under this Agreement (including, without limitation, the Steam and Coke production and the quality requirements set forth in this Agreement); (G) reasonable contingency amounts; (H) the
amount of activated carbon or comparable product 

  
 10 

 
reasonably required to comply with the minimum mercury removal requirement set forth in the Installation Permit; and (1) other conditions specific to the Plant and Provider’s
performance hereunder (collectively, the “Guidelines”). Such Forecast shall not exceed the applicable O&M Component Limit. Provider shall deliver such Forecast to Off-Taker for approval by it, which approval will not be unreasonably
withheld (as set forth in Section 3.1(c)(iii)). Provided, however, for the first Contract Year, (i) such Forecast shall be delivered to Off-Taker not less than one hundred-Eighty (180) days prior to the commencement of such first
Contract Year, which if such year commences prior to April 30th will be the first Contract Year; and (ii) if Provider has reason to believe that the Initial Year will commence on or before April 30th, then Provider shall prepare a
Forecast for such Year and such Forecast shall be pro-rated for the balance of such Year (provided such Year turns out to be the first Contract Year) following the expiration of the Initial Operating Period (namely, the O&M Expenses set forth in
the Forecast shall, unless otherwise indicated in such Forecast, be multiplied by a fraction, the numerator of which is number of days transpiring during the applicable balance of such Initial Year, and the denominator of which is the number of days
transpiring during such Initial Year). In addition to the Forecast, Provider shall also prepare and provide to Off-Taker an estimate of the anticipated Pass-Through Expenses. 

(iii) Within fifteen (15) calendar days following Provider’s delivery of each such Forecast to Off-Taker,
Provider and Off-Taker shall confer in good faith for the purpose of reviewing and approving such Forecast. Upon approval of such Forecast in Writing by the Off-Taker, the Forecast shall be the approved O&M Expenses for the Contract Year for
which the applicable Forecast was prepared and approved. If, within thirty (30) days after Provider’s delivery of each such Forecast to Off-Taker, the Parties do not agree up-on such Forecast, then Off-Taker shall promptly deliver to
Provider (no later than ten (10) calendar days following the expiration of such thirty (30) day period) Written notice of its disapproval of such Forecast. Such disapproval shall set forth the specific grounds therefore including, without
limitation, any alleged inconsistency thereof with the Guidelines, and any such dispute may be referred by either Party to the dispute resolution procedures set forth in Article XI. Provided, however, pending such resolution, (1) the O&M
Expenses in respect of the preceding Contract Year plus the product of (y) the O&M Expenses in respect of the preceding Contract Year multiplied by (z) the available Annual Index Percentage for the most recent twelve Month period
preceding such Contract Year (collectively, the “Presumed O&M Expenses”), shall be the basis for the O&M Expenses for the period during which such dispute is pending, and (ii) if, following the conclusion of the dispute
resolution procedures under Article XI, it is determined that the O&M Expenses approved pursuant to such arbitration are greater or less than the Presumed O&M Expenses, then Off-Taker or, as applicable, Provider shall pay to the other Party
the product of such difference between (i) the (y) Presumed O&M Expenses for the applicable Contract Year or, as applicable, in respect of the Initial Year (calculated on a per Ton of Coke basis), and (z) the O&M Expenses
approved pursuant to such arbitration (calculated on a per Ton of Coke basis), multiplied by (ii) the Coke Tonnage sold by Provider to Off-Taker based upon such Presumed O&M Expenses, plus (unless otherwise agreed upon by the Parties)
interest accrued thereon at the Interest Rate. Such payment shall be, as applicable, added to or credited against the amount otherwise 

  
 11 

 
payable by Off-Taker to Provider in accordance with Monthly invoice immediately following any such award. 
 (iv) The Forecasted O&M Component for each Contract Year will be determined in accordance with the following formula: 
 Forecasted O&M Component = O&M Expenses set forth in the approved Forecast, or as applicable, Presumed O&M Expenses for the applicable Contract Year ÷ Targeted Coke Production in
respect of the Coal Blend(s) to be utilized during the applicable Contract Year. 
 Provided, however, the Forecasted O&M Component
shall in no event exceed the product of (i) ***** dollars ($*****) multiplied by the adjustment factor set forth in Schedule 3.1(c)(iv) (the “O&M Component Limit”). 

(v) Provider shall, in good faith, endeavor to operate and maintain the Plant in accordance with Prudent Operating and
Maintenance Practices and in accordance with the Forecasted O&M Component for the applicable Contract Year. Subject to the foregoing, within sixty (60) calendar days following the conclusion of each Contract Year, Provider will submit to
Off-Taker a Written report that summarizes Actual O&M Component for such Contract Year as determined in accordance with the following formula: 
 Actual O&M Component = actual O&M Expenses in respect of the applicable Contract Year ÷ (the greater of (y) the sum of their Actual Coke Tonnage produced and Affiliate Supplied Coke
delivered during such Contract Year or (z) ***** percent (*****%) of the Targeted Coke Production for the Coal Blend during such Contract Year). 
 Actual O&M Expenses shall not include (t) costs in respect any capital improvement as determined in accordance with U.S. GAAP including, without limitation, Government Mandated Additional Capital
Expenditures, (u) Pass-Through Expenses (including, without limitation, Government Mandated Additional Expenses), (v) Insurance Costs, (w) subject to Section 8.1(c), penalties or fines imposed by any Governmental Authority
arising out of the acts or omissions of Provider unless caused by acts or omissions of Off-Taker, (x) Additional Direct Costs, (y) payments, costs and expenses of Provider’s in defending and indemnifying Off-Taker arising out of any
easement granted by Off-Taker to Provider in relation to the Plant, and (z) any costs or expenses that are not otherwise O&M Expenses. 
 (vi) Where, subject to the O&M Component Limit, the Actual O&M Component in respect of a Contract Year is less than the Forecasted O&M Component for such Contract Year, Provider shall credit
Off-Taker an amount equal to the product of: 
 ***** multiplied by [(the Forecasted O&M Component minus the Actual
O&M Component for the applicable Contract Year) minus $*****] multiplied by the greater of (y) the sum of the Actual Coke Tonnage produced and Affiliate 

  
 12 

 
Supplied Coke delivered during such Contract Year or (z) ***** percent (*****%) of the Targeted Coke Production for the Coal Blend during such Contract Year. 

(vii) Where, subject to the O&M Component Limit, the Actual O&M Component in respect of a Contract Year exceeds
the Forecasted O&M Component for such Contract Year, Off-Taker shall pay Provider an amount equal to the product of: 

***** multiplied by [the Actual O&M Component minus the Forecasted O&M Component for the applicable Contract Year] multiplied
by the lesser of the sum (y) of the Actual Coke Tonnage produced and Affiliate Supplied Coke delivered during such Contract Year or (z) ***** percent (*****%) of the Targeted Coke Production for the Coal Blend during such Contract Year.

 (viii) In no case shall the Actual O&M Component in respect of a Contract Year exceed the O&M
Component Limit for such Contract Year, and any such exceedance in respect of each calendar quarter transpiring during a Contract Year shall, subject to Section 3.1(c)(x), be at the sole cost and expense of Provider. 

(ix) For each calendar quarter transpiring during each respective Contract Year, in order to minimize the annual
adjustment made pursuant to Sections 3.1(c)(vi), (vii) and (viii) Provider will provide Off-Taker, within thirty (30) days from the end of each such quarter, with a Written update in respect of Actual O&M Expenses for each such
quarter. If, subject to the O&M Component Limit, the Actual O&M Component is greater than the Forecasted O&M Component, then ***** percent (*****%) of the difference multiplied by the Coke Tonnage delivered and invoiced by Provider to
Off-Taker during such quarter shall be added to amounts otherwise payable in accordance with the Monthly invoice in respect of the Month following such Written update. If, however, the Actual O&M Component is less than the Forecasted O&M
Component, then ***** percent (*****%) of such difference in excess of ***** dollar ($*****) multiplied by the Coke Tonnage delivered and invoiced by Provider to Off-Taker during such quarter shall be credited to amounts otherwise payable in
accordance with the Monthly invoice in respect of the Month following such Written update. 
 (x) After taking
into account the quarterly payments or credits made in accordance with Section 3.1(c)(ix), the net credit (as set forth in Section 3.1(c)(vi)) or the net payment (as set forth in Section 3.1(c)(vii)) in respect of each Contract Year
shall, subject to the O&M Component Limit, as applicable, be added to or deducted from the amounts otherwise payable in accordance with the Monthly invoice in respect of the second Month following the end of the applicable Contract Year.
Provider will provide Off-Taker with a Written report that sets forth the basis of determining such payment or, as applicable, credit, which shall be subject to reasonable verification by Off-Taker. 

(xi) Examples (in spreadsheet format) as respects the basis for calculating such payments or credits in accordance with
Section. 3.1(c)(vi) - (x) are set forth in Schedule 3.1(c)(xi) 

  
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 (d) Insurance Component. 

(i) The Insurance Component is the product of (i) $***** per Ton of Coke multiplied by (ii) the percentage
change in the published Producer Price Index from the Reference Month through, as applicable, the end of the last calendar quarter prior to commencement (as applicable) of the Initial Operating Period, the Initial Year and each Contract Year (the
“Insurance Inflation Adjustment”). The Insurance Component is intended to cover (i) the costs of all premiums or, as applicable, allocations, in respect of required and commercially reasonable insurance coverages for the Plant, Plant
operations, and employees of Provider (collectively, the “Insurance Costs”); and (ii) subject to Section 3.1(d)(iii), all insurable damages and losses, and all deductible amounts. It is recognized by both Parties that all
insurable damages and losses, and all deductible amounts are to be paid by Provider except for the limitation identified in Section 3.1(d)(iii). 
 (ii) Provider shall maintain insurance coverages meeting or exceeding the minimums set forth in Schedule 3.3(b), which coverages shall be subject to the maximum deductible amounts set forth in such
schedule. Provided, however, in the event such coverages (including deductibles) are not generally available at commercially reasonable premiums due to a material change in the insurance market then, within thirty (30) calendar days following
the delivery of Written notice by Provider to Off-Taker of such circumstance, the Parties shall promptly confer in good faith for the purpose of determining, as applicable, a commercially reasonable adjustment in respect of the Insurance Costs
and/or, as applicable, the conditions of coverage. If the Parties cannot reach agreement as respects such’ adjustment(s) within thirty (30) calendar days thereafter, then such dispute shall be resolved in accordance with Article XI, except
that the mediation provisions of such Article shall not apply. 
 (iii) If the amount of any insured property
losses or damages in respect of any single event or occurrence does not exceed the product of (i) seventy five thousand dollars ($75,000.00) multiplied by (ii) the Insurance Inflation Adjustment, then the amount of such property damages or
losses shall be O&M Expense(s). 
 (e) Coal Cost Component. 

(i) The Coal Cost Component in respect of each applicable Month is determined as follows: 

(A) The Monthly Coal Blend Tonnage is product of the Actual Coke Tonnage for such applicable Month divided by the
Guaranteed Coke Yield Percentage. 
 (B) The Monthly Adjusted Coal Blend Tonnage is the product of the Monthly
Coal Blend Tonnage divided by ***** (based upon presumed Coal handling and inventory losses of *****%). 

  
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 (C) The Monthly Moisture Adjusted Coal Blend Tonnage is ***** for such
applicable Month determined on a ***** basis that accounts for such moisture on a fixed ***** percent (*****%) basis, as determined in accordance with the following formula: 
 Monthly Moisture Adjusted Coal Blend Tonnage = Actual Coal Blend Tonnage x [(1-the actual moisture content ***** of such Actual Coal Blend Tonnage) ÷ *****] 

(D) The Coal Cost per Ton of Coal is the Coal Costs in respect of such applicable Month (as determined in accordance with
Section 3.1(e)(iii)) divided by the applicable Monthly Moisture Adjusted Coal Blend Tonnage. 
 (E) The Coal
Cost Component for the applicable Month is the product of (y) the Monthly Adjusted Coal Blend Tonnage multiplied by the Coal Cost per Ton. of Coal, divided by (z) the Actual Coke Tonnage for such applicable Month. 

(ii) The Guaranteed Coke Yield Percentage is to be determined each Month in accordance with the following formula:

 Blast furnace coke “dry” yield equals *****% less the sum of (i) the actual percentage of dry basis volatile
matter content in the Coal Blend (based upon Monthly composite results of such volatile matter content); (ii) a ***** percent (*****%) allowance for Breeze; and (iii) a ***** percent (*****%) allowance for net operating losses in the
coking process. 
 (iii) Coal Costs per Ton of Coal in respect of each Month will be determined based upon
the first in/first out accounting convention (“FIFO”) consistent with U.S. GAAP. 
 (f) Stocking and
Destocking. If Off-Taker is unable to accept deliveries of Conforming Coke as a result of the inoperability of its conveyors connecting the Coke Delivery Point to its Mill, then: 

(i) Provider will provide Off-Taker with appropriate storage at the Plant for up to two thousand (2,000) Tons of
Coke. Such Coke will be stored without screening. Off-Taker will pay the Coke Price for such stockpiled Coke Tonnage as reasonably estimated by Provider based on the dimensions of the stockpile and the applicable number of pushes, which payment
estimate shall be included in the next invoice under Sections 3.6(a) and (b). Following the stockpiling of such Coke, Off-Taker will exercise commercially reasonable efforts to repair such conveyor as quickly as possible. Coke stockpiled by Provider
shall not be required to meet the moisture threshold set forth in Schedule 5.1(b). 
 (ii) Upon notification by
Off-Taker to Provider, Provider will de-stock and screen such stockpiled Coke Tonnage at a commercially reasonable rate and deliver such stockpiled Coke Tonnage to the Coke Delivery Point, and a ***** percent (*****%)

  
 15 

 
degradation loss rate for Breeze under Section 3.1(e)(ii) shall be presumed in respect of such de-stocked Coke Tonnage. Once the de-stocking process is completed, the Coke Price charged for
such Coke Tonnage under Section 3.1(f)(i) above multiplied by the difference between (i) Provider’s Tonnage estimate in respect of the applicable stockpiled Coke Tonnage and (ii) the quotient of such actual de-stocked Coke
Tonnage divided by ***** percent (*****%) will be, as applicable, credited by Provider to Off-Taker (if such difference is a positive amount) or will be payable by Off-Taker to Provider (if such difference is a negative amount). Such credit or
payment will be incorporated into the next invoice following the delivery thereof. 
 (iii) Except as provided
otherwise in this Section 3.1(f), stockpiled Coke delivered to Off-Taker shall be subject to adjustments and rejection as provided in this Agreement. 
 3.2 Monthly Feed Water Processing Fee. Throughout the Term and, as applicable, the Option Term, Off-Taker will pay to Provider the Feed Water Processing Fee in respect of the net energy value of
Conforming Steam delivered by Provider to the Steam Delivery Point. Such net energy value shall be measured in. units of one million British Thermal Units (“MMBTUs”) derived from Conforming Steam deliveries, net of MMBTUs contained in
Conforming Feed Water (“Net MMBTUs”). Based upon such net energy value of Conforming Steam (provided Conforming Steam quantities are at or above the Minimum Steam Supply Obligation), the Feed Water Processing Fee is ***** dollars ($*****)
per Net MMBTU. The Monthly Feed Water Processing Fee is the product of (i) the Feed Water Processing Fee multiplied by (ii) such Net MMBTUs delivered in the form of Conforming Steam during each applicable Provisional Period or Month, as
determined pursuant to Sections 6.9, 6.10, 6.11 and 6.12. Provided, however, if Off-Taker fails to deliver Conforming Feed Water to the Feed Water Delivery Point, and such failure results in Provider being unable to produce Conforming Steam, then
the Monthly Feed Water Processing Fee will include the product of the (i) the Feed Water Processing Fee multiplied by (ii) the Net MMBTUS derived from Conforming Steam that Provider would have been able to produce and deliver to the Steam
Delivery Point but for such failure based on the *****. 
 3.3 Pass-Through Expenses. The Pass-Through Expenses include
the following: 
 (a) Property Taxes. Property taxes attributable to the Plant and paid by Provider net of all available
incentives, rebates, distribution of tax increment revenues, abatements and adjustments in respect thereof as the same are actually realized. 
 (b) Government Mandated Additional Expenses. Subject to the limitation set forth in Section 8.2, ***** percent (*****%) of Government Mandated Additional Expenses. 

(c) Quench Water. If the Service Water delivered by Off-Taker to the Plant pursuant to Section 6.14 does not conform to the
requirements in respect of Coke quench water set forth in the Installation Permit, then the cost of city water reasonably required for Provider to comply with such requirements. Provided, however, Provider will utilize commercially reasonable
efforts to minimize its use of such city water for Coke quenching operations as authorized in this 

  
 16 

 
Section 3.3(e), and in no event shall such city water consumption used therefore by Provider, exceed ***** (*****) gallons per Month. 

(d) Interest Payments. Interest payments payable by Provider to Off-Taker pursuant to the purchase money note between Provider and
Off Taker in respect of Provider’s purchase of the Property from Off-Taker. 
 (e) Audit Fees. Commercially
reasonable fees and costs incurred by Provider in respect of a nationally recognized firm of public accountants retained by Provider to prepare the audited financial statements and footnotes required in respect of Section 1.5(d). Provided,
however, (i) Provider shall obtain from such accounting firm its good faith estimate of the fees and costs of preparing such audited financial statements prior to preparing the same; (ii) Provider will promptly communicate such estimate to
Off-Taker; and (iii) Off-Taker may, in its sole discretion, direct Provider to instruct such firm not to proceed with the preparation of such audited financial statements. In that event, if Provider elects, in its sole discretion, to prepare
such audited financial statements, then such fees and costs shall be for the sole account of Provider. Provided further, however, if Off-Taker has elected to prepare such audited financial statements and (y) if Provider is required to prepare
audited financial statements, or (z) if the ownership interest in Provider or an Affiliate’s ownership interest in Provider is transferred in whole or in part to a Third Party Investor, then Off-Taker shall be obligated to pay *****
percent (*****%) of such commercially reasonable audit fees and costs. 
 (f) Mandatory Government Assessments for Greenhouse
Gases. “Mandatory Emission Assessments” means assessments or charges in respect of greenhouse gas emissions (including, without limitation, carbon dioxide emissions) imposed by any Governmental Authority generally on an industry-wide
basis which (i) require Provider to purchase from such Governmental Authority, any unaffiliated third party, or applicable offset or credit market, emission offsets or credits, or (ii) is imposed by any Governmental Authority as an
assessment or charge in respect of such emissions. For the avoidance of doubt, Mandatory Emission Assessments must be imposed generally on the entire coke producing industry, and do not include assessments or charges that are unique to Provider or
Provider’s technology. Furthermore, Provider must pursue the most economical and commercially prudent methods for complying with such Mandatory Emission Assessments, and the determination to pay Mandatory Emission Assessments or to purchase
emissions offsets or credits to apply against such Mandatory Emission Assessments can not be within (i) Provider’s discretion or can not (ii) result from a failure to, or be in lieu of, maintaining or making improvements to the Plant
that would otherwise avoid the obligation for Provider (y) to pay such Mandatory Emission Assessment or (z) to purchase emissions offsets or credits to apply against such Mandatory Emission Assessments. If Off-Taker reasonably disagrees
with the assessment or amount of such Mandatory Emission Assessments for which Off-Taker may be liable under this Agreement, then at Off-Taker’s request, Provider and its Affiliates shall reasonably cooperate with Off-Taker to attempt to
resolve such disagreement. Third party out of pocket costs incurred by Provider or its Affiliates in cooperating with a formal challenge by Off-Taker (including, without limitation, attorneys’ and consultants’ fees) shall be borne entirely
by Off-Taker. For the avoidance of doubt penalties and fines, and Government Mandated Additional Expenditures are not Mandatory Emission Assessments under this Section 3.3(f). 

  
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 3.4 Taxes. Off-Taker shall pay all Taxes in respect of the sale or purchase of
Conforming Coke, Affiliate Supplied Coke, any other Coke Tonnage accepted by Off-Taker (as set forth in Section 5.1(d)) and, as applicable, in respect of the performance of Provider’s obligations hereunder including, without limitation,
the processing of Feed Water into Steam. For the avoidance of doubt, Taxes are not Government Mandated Additional Expenditures. 

3.5 Section 45 Credits. 
 (a) In General. Provided Off-Taker is not in default of this Agreement, if any Coke or Breeze qualifies for a credit under section 45K of the Code, or any similar or successor provision
(“Section 45 Credits”) during any Year, then Provider shall provide Off-Taker with a credit in respect of Coke Tonnage and Breeze Tonnage sold by Provider to Off-Taker during such Year. 

(b) Sunoco Realized Value. Where Sunoco or its Affiliates are the sole investors in Provider, such credit
shall be equal to ***** percent *****%) of the Sunoco Realized Value of such Section 45 Credits, Such Sunoco Realized Value is the pre-tax value realized by Sunoco in respect of such Section 45 Credits, which shall be determined by
dividing the amount of such Section 45 Credits by one (1) minus the sum of (x) and (y), where (x) is the highest marginal federal income tax rate applicable to corporations, minus, in respect of Code Section 199,
(i) two (2) percentage points in respect of Years 2008 and 2009, or (ii) ***** percentage points for each subsequent Year during which such Section 45 Credits may be available, and (y) is Sunoco’s average state tax rate
(subject to such tax rate being federal tax affected). Sunoco’s average state tax rate for each Year (adjusted to reflect the federal tax effect) shall be presumed to be *****% unless Provider can demonstrate a lower rate based on actual
consolidated federal taxable income and state income tax expense for such Year. Provided, however, such Sunoco Realized Value shall also take into account any change in law, phase out, the ability of Sunoco to utilize the Section 45 Credits, or
other circumstances relevant to such Sunoco Realized Value determination. (The ability of Sunoco to utilize such Section 45 Credits shall be determined by comparing Sunoco’s current federal consolidated tax liability with and without the
Section 45 Credits attributable to Coke and Breeze sales to Off-Taker in respect of each such Year. If the total amount of Coke and Breeze produced and sold from the Plant in a Year exceeds the daily limit in respect of Section 45 Credits,
and if Breeze is sold to any third parties during such Year, then sales in excess of such limit shall first be treated as attributable to Breeze sold to such third party(ies).) The determination of such Sunoco Realized Value in respect of each Year
during which Section 45 Credits may be available shall be made on or before October 1st of the subsequent Year and shall be credited on the invoice for such Month, Provided, however, that if there is any change in law that repeals or reduces the amount of the section 199 deduction of the
Code, or that limits the benefit or availability of such deduction, in either case with respect to income arising from the sale of Coke or the processing of Feed Water under this Agreement, then the amounts subtracted pursuant to subparts
(i) and (ii) of this Section 3.5(b) shall be reduced to reflect such change. 
 (c) Other Realized Value.
Where Sunoco or its Affiliates, and any third party or parties (the “Third Party Investor(s)”), are the investors in Provider, such credit shall be equal to ***** percent (*****%) of the Other Realized Value of such Section 45
Credits. Such Other Realized Value is the product of (i) the percentage interest of Sunoco or its Affiliates and such 

  
 18 

 
Third Party Investor(s) in respect of the revenue derived from the sale of Coke and Breeze multiplied by, as applicable, (ii) the pre-tax value realized by (y) Sunoco in respect of such
Section 45 Credits (as determined in accordance with Section 3.5(b)) and (z) the Third Party Investor(s) as determined in a manner consistent with Section 3.5(b). Provided, however, (i) such Other Realized Value in respect
of any Year shall not be less than the Sunoco Realized Value for such Year had such Third Party Investor(s) not been investors in Provider; and (ii) such Other Realized Value shall also take into account any change in law, phase out, the
ability of Sunoco or, as applicable, the Third Party Investor(s) to utilize the Section 45 Credits, or other circumstances relevant to such Other Realized Value determination, The determination of such Other Realized Value in respect of each
Year during which Section 45 Credits may be available shall be made on or before the last Month of subsequent Year and shall be credited on the invoice for such Month. 
 (d) Increases or Reductions. If the Sunoco Realized Value or Other Realized Value of any Section 45 Credits on Coke and Breeze sales to Off-Taker is thereafter reduced by the carryback of a
net operating loss in respect of an amended return, disallowance of all or a portion of the Section 45 Credits, or the inability of Sunoco or (as applicable) the Third Party Investor(s) to utilize the Section 45 Credits after final
resolution of an IRS audit, then Off-Taker shall pay to Provider, within thirty (30) calendar days following Provider’s Written notification to Off-Taker of such reduction, an amount equal to (i) ***** percent (*****%) of the Sunoco
Realized Value and (as applicable) the Other Realized Value that would otherwise would have been realized but for such reduction plus ***** percent (*****%) of any fines and/or penalties arising from such disallowance, plus (ii) interest
thereon, computed from the date of filing of the consolidated income tax return of Sunoco or, as applicable, Third Party Investor(s) through the date on which such amount is paid by Off-Taker to Provider. Such interest shall be equal to the
additional interest owed by Sunoco or (as applicable) Third Party Investor(s), or the reduction in interest due to Sunoco or (as applicable) Third Party Investor(s) if Sunoco or (as applicable) Third Party Investor(s) is in an overpayment position,
determined by computing Sunoco’s or (as applicable) Third Party Investor(s)’ federal income tax liability for the Year with and without ***** percent (*****%) of the disallowed or reduced Section 45 credits. If the Sunoco Realized
Value and (as applicable) the Other Realized Value of any Section 45 Credits from Coke and Breeze sales to Off-Taker is thereafter increased as a result of the ability of Sunoco or (as applicable) Third Party Investor(s) to utilize the
carryover of any unused Section 45 Credits in later taxable years, or the ability of Sunoco or (as applicable) Third Party Investor(s) to utilize additional Section 45 Credits after final resolution of an IRS audit, then Provider will
credit Off Taker with an amount equal to (i) ***** percent (*****%) of the Sunoco Realized Value and (as applicable) the Other Realized Value in respect of such increase, plus (ii) interest thereon at the overpayment rate of section 6621
of the Code or the successor provision, computed from the date of filing of the consolidated income tax return of Sunoco or (as applicable) Third Party Investor(s) for the Year in which the credit is utilized through the date on which such amount is
credited by Provider to Off-Taker. Any such credit shall be applied to the invoice for such Month during which such Section 45 Credits are utilized. 
 (e) Schedules. Provider shall prepare schedule(s) showing the calculation of the Section 45 Credits with respect to Coke and Breeze sold to Off-Taker during a Year, not later than thirty
(30) days before Provider files its federal income tax return for such Year. 

  
 19 

 (f) Recomputation. If Provider, and if applicable, any Third Party Investor(s), is
claiming more Section 45 Credits than the amount that Off-Taker determines to be appropriate, then for purposes of this Section 3.5, Off-Taker may elect to have the Sunoco Realized Value, and if applicable, the Other Realized Value,
determined based on such lower amount of Section 45 Credits (such lower amount referred to as the “Recomputed Section 45 Credit Amount”). If there is a later reduction in any Section 45 Credits claimed by Provider or any
Third Party Investor, then Off-Taker’s liability under Section 3.5(d) shall be determined only with respect to such reduction below the Recomputed Section 45 Credit Amount. Provider has no obligation to Off-Taker under this
Section 3.5 to the extent the amount of Section 45 Credits actually allowed exceed the Recomputed Section 45 Credit Amount. 
 3.6 Terms of Payment/Invoicing. 
 (a) Invoicing During the Initial
Operating Period and Initial Year (Excluding Pass Through Expenses). 
 (i) On or after the third
(3rd) business day before the end of each Month prior to 12:00 pm CST during the Initial Operating Period and Initial Year, Provider or its designee will submit to Off-Taker a Written invoice in respect of each such Month. The invoiced amount
for such Month shall be the sum of (i) the product of (y) the Coke Price as set forth in Section 3.1(a) for the Initial Operating Period and Initial Year multiplied by (z) the sum of (A) the Coke Tonnage delivered to and
accepted by Off-Taker in accordance with this Agreement, and (B) Coke Tonnage placed into storage at the Plant pursuant to Section 3.1(f) between the commencement of the Month and the third business day prior to the end of such Month (as
determined according to Section 6.6), (the “Provisional Period”), plus (ii) the applicable Monthly Feed Water Processing Fee for such Provisional Period, plus (iii) during the Initial Year only, amounts payable by Off-Taker
to Provider in respect of Affiliate Supplied Coke in respect of such Provisional Period, as set forth in Section 6.4, plus (iv) (as applicable) Breeze sales for such Provisional Period, plus (v) Taxes thereon, plus or minus, as
applicable, (vi) the adjustments set forth in Section 3.6(c)(i), and, as respects the Initial Year Section 3.6(c)(iii). Provided, in accordance with FIFO accounting, the Coal Cost Component in respect of such Provisional Period shall
be the actual Coal Cost Component for the Month preceding such Provisional Period. 
 (ii) On the fifteenth
(15th) business day of each Month a memo adjustment shall be issued by Provider and delivered to Off-Taker in respect of applicable adjustments set forth in Section 3.6(c). Such adjustments shall be incorporated into the invoice in respect
of Provisional Period for such Month. 
 (b) Invoicing for each Contract Year (Excluding Pass-Through Expenses).

 (i) During each Contract Year, on the third (3rd) business day before the end of each Month prior to 12:00 pm
CST for the balance of the Term and, as applicable, the Option Term, Provider or its designee shall submit to Off-Taker a Written invoice in respect of each such Month. The invoiced amount for such Month shall be the sum of (i) the product of
(y) the Coke Price as set forth in Section 3.1(a) for such Contract Year 

  
 20 

 
multiplied by (z) the sum of (A) the Coke Tonnage delivered to and accepted by Off-Taker in accordance with this Agreement (as determined according to Section 6.6) for such
Provisional Period and, (B) Coke Tonnage placed into storage at the Plant pursuant to Section 3.1(f), and (C) as applicable, Affiliate Supplied Coke Tonnage delivered to the Mill in accordance with Section 6.4, plus (ii) the
applicable Monthly Feed Water Processing Fee for such Provisional Period, plus (iii) (as applicable) Breeze sales for such Provisional Period, plus (iv) amounts payable by Off-Taker to Provider in respect of Affiliate Supplied Coke, as set
forth in Section 6.4, plus (v) Taxes thereon, plus or minus, as applicable, (vi) the adjustments set forth in Section 3.6(c)(i), Section 3.6(c)(ii) and Section 3.6(c)(iii). 

(ii) On the fifteenth (15th) business day of each Month a memo adjustment shall be issued by Provider and delivered
to Off-Taker in respect of applicable adjustments set forth in Section 3.6(c). Such adjustments shall be incorporated into the invoice in respect of Provisional Period for such Month. 

(c) Adjustments. 
 (i) During the Initial Operating Period, Initial Year and each Contract Year, amounts payable by Off-Taker to Provider pursuant to Section 3.6(a) and Section 3.6(b) shall be subject to the
following adjustments (as applicable): 
 (A) A debit or credit, as applicable, resulting from the difference
between (y) the amount set forth in the invoice for the applicable Provisional Period in respect of Coke Tonnage and, as applicable, Affiliate Supplied Coke Tonnage sales and (z) the product of the applicable Contract Price multiplied by
the sum of (1) the Coke Tonnage and, as applicable, Affiliate Supplied Coke Tonnage delivered to and accepted by Off-Taker, and (2) placed into storage at the Plant pursuant to Section 3.1(f) for the applicable Month. Provided, in
accordance with FIFO accounting, the Coal Cost Component of the Contract Price in respect of such Month shall be the actual Coal Cost Component for such Month. 
 (B) A debit or credit, as applicable, resulting from the difference between (y) the Monthly Feed Water Processing Fee amount set forth in the invoice for the applicable Provisional Period and
(z) the Monthly Feed Water Processing Fee for the applicable Month. 
 (C) A debit or credit, as applicable,
resulting from the difference between (y) the amount set forth in the invoice for the applicable Provisional Period in respect of Breeze sales and (z) actual Breeze by Off-Taker to Purchaser for the applicable Month; 

(D) Any credit or payment in respect of de-stocked Coke Tonnage as determined pursuant to Section 3.1(f)(ii);

  
 21 

 (E) Section 45 Credits as set forth in Section 3.5 (including any
reductions or increases thereto as set forth in Section 3.5(d)); 
 (F) As applicable, amounts payable
pursuant to Article VIII; 
 (G) Any adjustment to the Coke Price as set forth in Section 5.1(c) and
Schedule 5.1(b); 
 (H) The Coke Price Discount in respect of any Nonconforming Coke Tonnage that is accepted by
Off-Taker as set forth in Section 5.1(d)(iii); 
 (I) Amounts payable by Off-Taker to Provider pursuant to
Section 4.2(b); 
 (J) As applicable, amounts due by Off-Taker to Provider as of the Assessment Date
pursuant to Section 3.1(b)(iii); and 
 (K) As applicable, amounts due by Off-Taker to Provider pursuant to
Section 3.3(d). 
 (ii) During each Contract Year (including the Initial Year where it is the first Contract
Year as set forth in Section 3.6(e)(i)), amounts payable by Off-Taker to Provider pursuant to Section 3.6(b) shall be subject to: 
 (A) Any payment or credit pursuant to, as applicable, Section 3.1(c)(ix); 
 (B) Any payment or credit pursuant to, as applicable, Section 3.1(c)(vi) and (vii) or Section 3.1(c)(x); and 

(C) Amounts payable by Provider to Off-Taker pursuant to Section 6.5. 

(iii) During the Initial Year and each Contract Year, amounts payable by Off-Taker to Provider pursuant to, as applicable,
Section 3.6(a) and Section 3.6(b), as adjusted in accordance with, as applicable, Sections 3.6(c)(i) and (ii), shall be subject to any liquidated damages arising under Section 6.9(d) (which shall be credited by Provider to Off-Taker).

 (d) Pass-Through Expenses. During the Initial Operating Period, Initial Year and each Contract Year, the Pass-Through
Expenses shall be included in the Monthly invoice following the Month in which they are respectively incurred, shall be supported by proof as is reasonably satisfactory to Off-Taker, and shall be payable in accordance with Section 3.6(e). In
the event Provider sells coke produced at the Plant to a third party, the Pass-Through Expenses shall be prorated in proportion to the Coke purchased by Off-Taker and such third party. 

(e) Payment. Subject to Section 3.6(f), invoiced amounts pursuant to this Section 3.6 shall be due and payable in
immediately available funds by wire transfer to accounts identified 

  
 22 

 
by Provider or its designee on or before (i) the last business day of the Month during which the invoice is delivered by Provider or its designee to Off-Taker, or (ii) within five
(5) business days from Off-Taker’s receipt of said invoice if received by Off-Taker later than third (3rd) business day before the end of each Month prior to 12:00 pm CST (the “Due Date”). Such payments shall not be subject
to any right of set off or other condition, except for the right of set off granted to Off-Taker under Section 7(j) of the Promissory Note. Overdue amounts shall accrue interest at the Interest Rate from the applicable Due Date. 

(f) Overcharged Amounts. If based upon Manifest Error Off-Taker reasonably believes that any invoice incorporates overcharged
amounts in respect of amounts properly payable under this Agreement, then Off-Taker shall notify Provider in Writing of such overcharge, including the amount and the basis of such Manifest Error within a reasonable time. Any such overcharged amounts
shall be deducted from the current Monthly invoice submitted by Provider to Off-Taker. Subject to the foregoing, undisputed amounts shall be paid as set forth in Section 3.6(e), and the Parties shall attempt, in good faith, to agree upon the
disputed amounts within fifteen (15) calendar days after such Written notice is delivered by Off-Taker. If the Parties cannot resolve any such dispute within such fifteen (15) calendar day period, then either Party may invoke the dispute
resolution provisions of Article XL Disputed amounts confirmed to be actually due by Off-Taker shall be payable within five (5) business days, and shall accrue interest at the Interest Rate from the applicable Due Date. Provided, however, if
(i) a material error (more than one half of one percent (0.5%) shall be considered material) occurs in respect of the Coke or Steam sampling, metering, measurement procedures or standards set forth in this Agreement, and (ii) as a result
of such error an adjustment to the Coke Price or the Feed Water Processing Fee can be readily determined and verified, then Provider shall promptly notify Off-Taker of such circumstance and the Parties shall promptly confer to determine in good
faith any such adjustment which shall be retroactively applied for such inaccuracy for any period during which such inaccuracy was determined and verified. Such adjustment shall be, as applicable, credited against or added to the next invoice
following the Parties’ determination thereof. 
 (g) Final Invoice and Reconciliation. The final invoice for the
Term or, as applicable, the Option Term, shall be prepared by Provider within fifteen (15) calendar days following the expiration of the Term or, as applicable, the Option Term and shall reconcile the applicable adjustments set forth in
Section 3.6(c) in respect of the final Month of the Term or, as applicable, the Option Term. The net amount payable in respect of such reconciliation shall be payable by the liable Party to the other Party on or before the end of the month
following the expiration of the Term or, as applicable, the Option Term. 
 (h) Invoice Format. Invoices will be
according to the examples set forth in Schedule 3.6(h). 
 3.7 Breeze. Provider shall retain all Breeze for its own
account all proceeds from the sale or other disposition of Breeze. Provided, however, during each Year, Off-Taker may, at its option, purchase such Breeze for the market price thereof f.o.b. the Plant in effect as of the date Off-Taker exercises
that option. Such market price shall be based upon, as applicable, pending offers by third parties to purchase such Breeze or, as applicable, prevailing market conditions. Provider shall provide Off-Taker with written notice of the market price for
Breeze along with supporting documentation to establish the basis for such market price at least one hundred twenty 

  
 23 

 
(120) calendar days prior to the commencement of the applicable Contract Year. In order to exercise that option, Off-Taker must notify Provider, in Writing, of its exercise thereof at least
ninety (90) calendar days prior to the commencement of the applicable Contract Year. 
 3.8 Audit Rights.

 (a) Books and Records. Provider shall maintain, in accurate and complete order, all books and records (whether in
printed, electronic or other format) associated with the charges invoiced to and paid by Off-Taker pursuant to this Agreement, and debits due to Provider and credits due to Off-Taker pursuant to this Agreement. Such books and records shall also
include (without limitation) all records relating to any (i) claim(s) for allowable adjustment of the Coke Price or the Monthly Feed Water Processing Fee; (ii) data and information relating to the quality, supply or production of Coal,
Coke and/or Steam; (iii) determination of debits and credits under this Agreement, (iv) entertainment, gifts and/or business, financial or other transactions between Provider and any employees of Off-Taker; (v) allowable termination
costs and damages under Article X; and (vi) any other allowable charges covered under this Agreement. Such books and records, and all other books and records of Provider relating to this Agreement, shall be open to inspection and/or audit by
representatives of Off-Taker during reasonable business hours during the life of this Agreement and for a period of three (3) years thereafter. Off-Taker shall also be authorized to conduct an ethics review. 

(b) Notice. Off-Taker shall provide Provider with at least two (2) business days Written notice prior to its commencement of
any such review and inspection. Such review and inspection shall take place at the place in which such books and records are customarily maintained. 
 (c) Provider Cooperation. Any failure by Provider to cooperate fully in producing or making available all books and records covered by a audit request by Off-Taker hereunder, so as to permit a
timely and complete inspection and audit thereof by Off-Taker, shall constitute a material breach of this Agreement. 
 3.9
Production Reports. Provider will submit to Off-Taker a production report for each production shift summarizing the Coke quality and Tonnage of Conforming Coke produced as mutually agreed by the Parties at the commencement of the Initial
Operating Period. 
 ARTICLE IV 
 COAL COMMITTEE AND THE COAL BLEND 
 4.1 Coal Committee. 

(a) Authority. The Coal Committee shall select, by majority vote, Coal Blends that conform to the Coal Blend Standards, and may
make recommendations to Provider regarding the acquisition of Coals in respect of this Agreement and related testing, blending, handling and delivery procedures. Off-Taker and Provider shall each be entitled to exercise one vote in respect of Coal
Committee matters. Meetings of the Coal Committee shall be scheduled at intervals and at locations to be mutually agreed upon by the Parties. In the event of a tie, Off-

  
 24 

 
Taker shall have the final and deciding vote; provided, however, Off-Taker shall not utilize such final and deciding vote to select a Coal Blend that does not conform to the Coal Blend Standards.

 (b) Selection of Coal Blends. The Coal Committee shall select the initial Coal Blend at least three (3) Months
prior to the commencement of the Initial Operating Period. Provider shall keep Off-Taker regularly informed as to the status of the construction of the Plant and the anticipated commencement of the Initial Operating Period. Thereafter, it is the
expectation of the Parties that, on an annual basis (generally coinciding with each Contract Year or more frequently if reasonably necessary), Provider will perform analysis and testing with respect to Coal Blends recommended by the Coal Committee
for the purpose of selecting the Coal Blend for such Contract Year. 
 (c) Coal Committee By-Laws. Within ninety
(90) days following the Effective Date, the Parties shall adopt by-laws in respect of the Coal Committee consistent with this Agreement. 
 4.2 Provider’s Responsibilities. 
 (a) Coals and Coal Blends.
Provider will develop good faith estimates of Coal Costs for each Coal Blend evaluated by the Coal Committee. Provider will exercise reasonable commercial efforts to purchase the Coals comprising the Coal Blends selected by the Coal Committee at the
commercially favorable prices, terms and conditions (based upon prevailing market conditions, the quantities of Coals purchased and other relevant conditions), to cause each Coal Blend used in the production of Coke to conform to the selected Coal
Blend, and to implement the recommendations of the Coal Committee. Unless otherwise authorized by the Coal Committee, Provider will not purchase Coal from its Affiliates. Provider will retain the responsibility and authority for daily operating
matters involving the Coal Blends and compliance with the Guaranteed Coke Quality Standards, and to meet the Targeted Coke Production without any requirement to consult with or obtain the approval of the Coal Committee. Such responsibility includes,
without limitation, the management of contractors that are involved in the unloading, storing, blending, transporting or delivering Coals to the Plant, monitoring, verifying and enforcing Coal specifications for Coal purchased by Provider,
monitoring, verifying and enforcing Coal delivery schedules, and informing Off-Taker, as may reasonably be required by Off-Taker, of the status of these activities. Provider shall perforce its responsibilities hereunder in a commercially reasonable
manner with due regard for minimizing Coal Costs while maintaining ratable Coke and Steam production. 
 (b) Trial Coal
Blends. Upon the reasonable request of Off-Taker, Provider shall process blends of Coals for trial purposes at the Plant for up to ***** (*****) Coal blend trials in each Contract Year as an O&M Expense, Coke produced from such trial Coal
blends shall be delivered by Provider to Off-Taker at the Coke Delivery Point. If Off-Taker requires Provider to process more than ***** (*****) trial blends after receipt and approval by Off-taker of Provider’s estimated direct additional
costs, then Off-Taker shall reimburse Provider for Provider’s direct additional costs as can be identified by Provider and verified by Off-Taker in respect of the additional trials (“Additional Direct Costs”). 

(c) Coal Inventory. Provider will maintain an inventory of Coals at the Plant and any local storage sites (excluding coal on
barges) whereby the inventory of Coals are immediately 

  
 25 

 
available to the Plant sufficient to produce not less than ***** (*****) days of Conforming Coke, with a Monthly average of ***** (*****) such days, based on the applicable Targeted Coke
Production (the “Minimum Coal Inventory”). If, at any time, Provider has reason to believe that the Plant’s Coal inventory will be less then the Minimum Coal Inventory, then it will promptly notify Off-Taker thereof in its capacity as
a member of the Coal Committee. Such notice will include the reason for such shortfall, and (as applicable) any recommendations of Provider to remedy such shortfall. The Coal Committee shall confer within two (2) business days thereof, and
shall confer in good faith on measures and actions to alleviate such shortfall as soon as possible.• Provider shall use commercially reasonable efforts to take actions to alleviate such shortfall as soon as possible. 

(d) Coal Blends. Subject to Section 4.2(e), Provider will be solely responsible for daily operating matters involving each
Coal Blend. In connection therewith, Provider will blend each Coal Blend such that the composition of each of the Coals within such Coal Blend is within *****percent (*****%) of the composition of each of the Coals comprising the selected Coal
Blend. 
 (e) Sampling and Testing. Prior to purchasing any of the Coals comprising any Coal Blend selected by the Coal
Committee (except for the sampling and testing thereof for the purpose of determining whether such coals should be incorporated into a Coal Blend), sampling and testing of all such Coals shall be performed in a manner reasonably acceptable to
Off-Taker and Provider, and they shall be provided with a reasonable opportunity to review and, if appropriate, object to such test results. In addition, Provider or its designee shall also maintain a quality control program in respect of Coal
blending in accordance with generally accepted industry practice, which shall be reasonably satisfactory to Off-Taker. Such quality control program is to include, without limitation, procedures for sampling, testing and reporting Coal Blend quality
charged into the coke ovens at the Plant. 
 (f) Unsuitability of Selected Coal Blend. If the Coal Blend selected by the
Coal Committee does not in practice conform to the Coal Blend Standards and such failure to conform is not caused in material part by Provider’s failure to comply with its obligations under this Agreement, or if sufficient quantities of any
Coal utilized in any Coal Blend is not made available to Provider upon Provider’s exercise of commercially reasonable efforts to obtain such sufficient quantities, or if the use by Provider of the Coal Blend originally selected by the Coal
Committee materially and adversely affects the Plant or Provider’s ability to comply with its obligations under this Agreement, then Provider shall promptly inform Off-Taker of such circumstance and the Coal Committee shall thereafter select in
good faith, as soon as reasonably possible (but no later than fifteen (15) calendar days following such notification by Provider), a new Coal Blend that complies with the Coal Blend Standards. Pending selection of any such new Coal Blend that
complies with the Coal Blend Standards, Provider will have the authority to utilize a provisional Coal Blend that incorporates the Coals available at the Plant which, in Provider’s judgment, meets or reasonably approximates the Coal Blend
Standards, including (without limitation) a Coal Blend that will actually produce Coke that will reasonably conform to the “mean” Guaranteed Coke Quality Standards set forth in Schedule 5.1(b) or any successor standards. Provider will give
Off-Taker prior notice of use of a provisional Coal Blend as authorized hereunder, with such notice to include the composition of the provisional Coal Blend. If any such provisional Coal Blend does not produce Coke that conforms to the Guaranteed
Coke 

  
 26 

 
Quality Standards, and such nonconformity is not caused by any material failure of Provider to comply with its obligations under this Agreement, (including but not limited to, any failure by
Provider to properly blend the Coals comprising such provisional Coal Blend or to properly process any such provisional Coal Blend into Coke), then the Guaranteed Coke Quality Standards shall be modified (excluding the moisture and sizing
parameters) based upon the composition of such provisional Coal Blend (“Provisional Guaranteed Coke Quality Standards”); provided, however, in no event shall the Coke quality under the Provisional Guaranteed Coke Quality Standards fall
outside the applicable “reject” limits set forth in Schedule 4.2(f). Off-Taker shall accept such Coke Tonnage produced from a provisional Coal Blend where its quality does not exceed or is less than, as applicable, the “reject”
limits set forth in Schedule 4.2(f) based upon an analysis of each applicable daily composite sample; provided, however, (1) if the quality of such Coke Tonnage does not conform to the applicable “threshold” limits set forth in
Schedule 4.2(f), then (as applicable), the Coke Price in respect of such Coke Tonnage will be adjusted according to Provisional Guaranteed Coke Quality Standards (provided such adjustments will be consistent with the Coke Price adjustments set forth
in Schedule 5.1(b)); and (ii) if the quality of such Coke Tonnage exceeds or, as applicable, is less than the “reject” set forth in Schedule 4.2(f) (based upon an analysis of each applicable daily composite sample), then such Coke
Tonnage shall be accepted or rejected according to the provisions set forth in Section 5.1(d) and, if accepted, the Contract Price for such Coke will be reduced by the Coke Price discount set forth in Section 5.1(d)(iii). Where applicable,
the Minimum Steam Supply Obligation shall be equitably adjusted in accordance with commercially reasonable standards for the period during which Provider utilizes such Coals available at the Plant which, in Provider’s reasonable judgment, meet
or reasonably approximate the Coal Blend Standards. Provider shall (i) provide Off-Taker with prompt Written notice of such circumstance, and the basis for any application of the Provisional Coke Quality Standards or the Minimum Steam Supply
Obligation; and (ii) exercise best efforts to select a new Coal Blend utilizing Coals available at the Plant that, in Provider’s judgment, will produce Conforming Coke. 

ARTICLE V 

COKE, FEED WATER AND STEAM QUALITY 
 5.1 Guaranteed Coke Quality Standards. 
 (a) Coke Sampling and
Analysis. Coke to be delivered to Off-Taker will be sampled by an automatic swing arm cross cut sampler located within the Plant that will collect a composite coke sample at least once each eight (8) hour production turn in accordance with
ASTM standards. Such samples will be analyzed by an independent laboratory selected by Provider and approved by Off-Taker (which approval shall not be unreasonably withheld) in accordance with ASTM Standards, or such other standards agreed upon by
the Parties in Writing. Off-Taker shall be provided with a referee split of all samples. Such independent laboratory shall retain such samples for not less than thirty (30) calendar days. Moisture, sulfur, ash, volatile matter, stability, size
and phosphorous will be tested and analyzed on (i) a daily basis (for the purpose of determining whether Coke is Conforming Coke) and (ii) on a Weekly basis (for the purpose of determining any Coke Price adjustments pursuant to the
“Threshold” limits set forth in Schedule 5.1(b)), based in each case upon an arithmetical average of such shift samples. CSR shall be determined on a Weekly basis based upon a composite of such shift samples. A designated representative of
Off-Taker will be entitled to be present during such 

  
 27 

 
sampling, preparation and analysis upon reasonable verbal notice of its intention to be present during such sampling, preparation and analysis, and Off-Taker may audit such sampling and analysis
procedures for the purpose of determining whether such procedures conform to ASTM Standards. Provider will report the results thereof to Off-Taker as soon as those results are available. Absent Manifest Error, those results shall be conclusive and
binding on the Parties for the purposes of determining conformity with the Guaranteed Coke Quality Standards and any adjustments to the Coke Price as set forth in Sections 5.1(c), 5.1(d)(iii) and 5.1(d)(iv) and Schedule 5.1(b). 

(b) Description. Coke shall conform to the Guaranteed Coke Quality Standards set forth in Schedule 5.1(b), and Provider will use
commercially reasonable efforts to achieve conformity with the “mean” Guaranteed Coke Quality Standards set forth in Schedule 5.1(b). Except for Nonconforming Coke, conformance with the Guaranteed Coke -Quality Standards will be determined
based upon the Weekly average of the analysis of each daily composite sample. 
 (c) Price Adjustments. If Coke Tonnage
or Affiliate Supplied Coke Tonnage does not conform to the applicable “threshold” limits set forth in Schedule 5.1(b), then (as applicable) the Coke Price in respect of such Coke Tonnage will be adjusted as set forth in Schedule 5.1(b). In
addition, Provider will implement prompt corrective measures to correct any such nonconformity in respect of further Coke shipments and will promptly inform Off-Taker in Writing of such corrective measures. 

(d) Nonconforming Coke. 
 (i) If the quality of Coke or Affiliate Supplied Coke Tonnage exceeds or, as applicable, is less than the “reject” set forth in Schedule 5.1(b) based upon an analysis of each applicable daily
composite sample (“Nonconforming Coke”), then (as applicable) Off-Taker shall have the right, subject to the provisions set forth in this Section 5.1(d), to reject such Nonconforming Coke. In addition, Provider will implement
appropriate corrective measures prior to further Coke or Affiliate Supplied Coke deliveries to Off-Taker, and will promptly inform Off-Taker in Writing of such corrective measures. 

(ii) Not less than sixteen (16) hours prior to pushing, Provider shall immediately notify Off-Taker’s designee
at the Mill in Writing if Provider (i) has reason to believe that the Plant will produce Nonconforming Coke, and (ii) intends to deliver such Nonconforming Coke to Off-Taker. Such notice will include the basis for Provider’s
determination, its reasonable estimate of the quality of such Nonconforming Coke (particularly with respect to the “reject” standards set forth in Schedule 5.1(b)), and the estimated delivery time of such Nonconforming Coke. Following such
notification but prior to the delivery of such (presumptive) Nonconforming Coke, Off-Taker may reject such (presumptive) Nonconforming Coke. Provided, however, Provider may subsequently blend such (presumptive) Nonconforming Coke into other Coke
such that such blended Coke is not Nonconforming Coke. Off-Taker may rely on Provider’s notice as accurate and shall be deemed to have properly rejected such (presumptive) Nonconforming Coke regardless of whether or not it is determined to meet
the Guaranteed Coke Quality Standards. In the event such (presumptive) Nonconforming 

  
 28 

 
Coke is properly rejected by Off-Taker, Provider will (x) not be entitled to payment of the Coke Price in respect of such Nonconforming Coke Tonnage, (y) Provider will accept all risk
of loss, damage, or destruction in respect thereof, and (z) Off-Taker may require Provider to make up the corresponding shortfall pursuant to a reasonable shipment schedule to be specified by Off-Taker. 

(iii) Off-Taker may, in its sole discretion, elect to accept and purchase (presumptive) Nonconforming Coke Tonnage for
***** percent (*****%) of the Coke Price per Ton in respect of such Nonconforming Coke Tonnage (which reduction shall be deemed to incorporate the price adjustment in Schedule 5.1(b)). Provided, however, it shall be presumed that Off-Taker made such
an election if Nonconforming Coke is consumed or commingled with any other coke acquired by Off-Taker, unless such commingling results from Provider’s failure to provide the Written notice required under Section 5.1(d)(ii). Payment for
such Nonconforming Coke Tonnage shall be made in accordance with Section 3.6(c)(i)(H), 
 (iv) In the event
(presumptive) Nonconforming Coke is later determined to meet the Guaranteed Coke Quality Standards, Off-Taker shall have no liability for such rejected (presumptive) Nonconforming Coke and Provider may thereafter deliver such Coke to Off-Taker
subject to the Guaranteed Coke Quality Standards. If Coke is delivered to Off-Taker and is subsequently determined to be Nonconforming, then the Coke Price will be reduced in the manner set forth in Section 5.1(d)(iii). 

(e) Changes to Quality Standards. In conjunction with the annual review of the Coal Blends by the Coal Committee, Off-Taker may
request reasonable revisions to the Guaranteed Coke Quality Standards. Promptly after receipt of Off-Taker’s request, Provider will enter into good faith discussions with Off-Taker regarding such changes; provided, however, Provider will not be
required to make any adjustment that would have a detrimental effect on (i) Coal Blend Standards; (ii) Provider’s economic returns (including, without limitation, the operating or capital costs associated with the Plant, the
“threshold” or “reject” Guaranteed Coke Quality Standards, or the Minimum Steam Supply Obligation), and/or (iii) contracts between Provider and third parties including, without limitation, Coal purchase contracts. Any
increase or decrease in costs and charges associated with any such change shall be for the account of Off Taker. If the Parties are unable to reach agreement as respects any such proposed revisions, then such dispute shall be subject to the dispute
resolution procedures set forth in Article XL. 
 5.2 Conforming Feed Water. 

(a) Description. Conforming Feed Water shall be treated Feed Water that conforms to the specifications thereof in respect of
(i) temperature and (ii) pH and cation conductivity (collectively, the “Feed Water Constituents”) set forth in Schedule 5.2. 
 (b) Measurement. The temperature and Feed Water Constituents of Feed Water shall be determined in the manner set forth in Section 6.8. 

5.3 Conforming Steam. 

  
 29 

 (a) Description. Conforming Steam is Steam that meets the specifications thereof in
respect of temperature, and sodium and silica (the “Steam Constituents”) set forth in Schedule 5.3 . 
 (b)
Measurement. The temperature and Steam Constituents of Steam shall be determined in the manner set forth in Section 6.10. 
 5.4 Feed Water and Steam, Pressure. The Parties acknowledge that: 
 (i) Based upon the Typical Coal Blend, the design basis of the Feed Water Supply system is based upon a nominal Feed Water pressure of ***** psig at the Feed Water Delivery Point; 

(ii) Based upon such nominal Feed Water pressure, the design basis of the Steam supply system is based upon a nominal
pressure *****% at the Steam Delivery Point; 
 (iii) Based upon the range of Coal Blends allowed under Coal
Blend Standards, Provider may require a Feed Water pressure of up to ***** psig at the Feed Water Delivery Point; and 
 (iv) Final control of the Steam pressure, Feed Water pressure and Feed water temperature is maintained by Off-Taker by means of its operation of its Steam condensing system and Feed Water system, provided
Provider’s Steam system is operating in material compliance with the General Facility Operating Guidelines. 
 5.5
General Facility Operating Guidelines. The Parties will jointly develop a document to be designated as the “General Facility Operating Guidelines”. The purpose of such document will be to adopt protocols in respect of the proper and
efficient operation and maintenance of equipment associated with Feed Water and Steam deliveries and processing located within the Plant and the Mill including, without limitation, the HRSGs and the turbine utilized by Off Taker in respect of steam
deliveries. Such protocols will include coordination of operational start up and shut down procedures, (subject to Sections 5.2, 5.3 and 6.7 through 6.12) standards in respect of Feed Water and Steam purity consistent with ASME standards, sampling
testing procedures in respect of such purity standards consistent with applicable ASTM Standards, and applicable corrective action protocols for the failure to meet purity standards set forth in Schedules 5.2 and 5.3 and, as applicable, ASME
standards. The Parties will exercise best efforts to complete such document not later than sixty (60) days prior to the commencement of the Initial Operating Period. 
 5.6 Exclusivity. THE WARRANTIES AND REMEDIES EXPRESSLY SET FORTH IN THIS AGREEMENT ARE EXCLUSIVE AND ARE IN LIEU OF ALL OTHER WARRANTIES, WHETHER WRITTEN OR ORAL, IMPLIED IN FACT OR IN LAW, AND
WHETHER BASED ON STATUTE, CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE. THE WARRANTY OF MERCHANTABILITY AND WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE ARE EXPRESSLY EXCLUDED AND DISCLAIMED. 

  
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 ARTICLE VI 
 OBLIGATIONS RELATED TO COKE AND FEED WATER PROCESSING 
 6.1 Coke Supply
during the Initial Operating Period. During the Initial Operating Period, Provider shall sell, and Off-Taker shall purchase, all Conforming Coke Tonnage from the Plant as it is produced. 

6.2 Coke Supply and Purchase Obligation. 
 (a) Description. For each Contract Year, the Coke Supply and Purchase Obligation is not less than ninety percent (90%), nor more than one hundred five percent (105%) of the Targeted Coke
Production. During the Initial Year the Coke Supply and Purchase Obligation is a fraction of such Tonnage, the numerator of which is the number of calendar days transpiring during each such Initial Year and the denominator of which is 365.

 (b) Right of First Refusal. If Provider reasonably believes that it will produce Coke Tonnage in excess of the maximum
range of the Coke Supply and Purchase Obligation, then it shall promptly notify Off-Taker in Writing of such circumstance. Such notice shall include Provider’s good faith estimate of such exceedance. Off-Taker shall have the right to purchase
such excess Coke tonnage for the Coke Price, subject to the terms, conditions and requirements of this Agreement. Such right shall be exercisable upon Off-Taker’s delivery of written notice thereof, provided such Written notice is delivered not
more than fifteen (15) calendar days following Provider’s delivery of its notice in respect of such exceedance. 
 6.3
Ratability of Coke Supply. Following the Initial Operating Period, Provider shall deliver Coke to Off-Taker on a ratable basis, such that for any consecutive four (4) Week period on a rolling basis Provider shall deliver not less than
*****% of the Targeted Coke Production or more than *****% of the Targeted Coke Production (the “Minimum Ratability Standard”). 
 6.4 Affiliate Supplied Coke. If, at any point during any Contract Year, Provider has reason to believe that the Plant will be unable to produce sufficient Coke Tonnage to meet the minimum range of
the Coke Supply and Purchase Obligation or the Minimum Ratability Standard (each, a “Production Shortfall”), then it shall promptly provide Written notice of same to Off-Taker, and Provider shall exercise commercially reasonable efforts to
obtain Affiliate Supplied Coke in the amount of any corresponding Production Shortfall, to the extent such Affiliate Supplied Coke is available. The price Off-Taker shall pay for Affiliated Supplied Coke Tonnage shall be the current Coke Price for
equivalent Coke Tonnage f.o.b. the Mill, subject to any adjustment thereto pursuant to Schedule 5.1(b). Provider shall arrange for the delivery of Affiliate Supplied Coke to the Mill, and shall exercise commercially reasonable, good faith efforts to
arrange for such deliveries in accordance with Off-Taker’s requested delivery schedule. Payment by Off-Taker to Provider for such Affiliate Supplied Coke shall be payable on the Due Date in respect of the Month during which such Affiliate Party
Supplied Coke is delivered to Off-Taker. Off-Taker, in its sole discretion, shall have the right to waive a Production Shortfall and Provider’s obligation to provide Affiliate Supplied Coke by providing Provider with Written notice following
its receipt of notice from Provider of any such Production Shortfall. Off-Taker’s notice shall set forth the duration and extent of such waiver. 

  
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 6.5 Off-Taker Obtained Coke. Provider will promptly notify Off-Taker in Writing in
the event it reasonably believes that a Production Shortfall will occur whereby it will be unable to supply Affiliate Supplied Coke to meet Off-Taker’s delivery schedule to cover such Production Shortfall. Such notice shall include
Provider’s reasonable estimation of the corresponding shortfall by Week and duration of the shortfall. Following Off-Taker’s receipt of such notice, Off Taker may make commercially reasonable arrangements to acquire Off-Taker Obtained
Coke, and Off-Taker shall so notify Provider in Writing of such arrangements. If the commercially reasonable price of Off-Taker Obtained Coke plus the actual, direct costs incurred by Off-Taker to deliver such Off-Taker Obtained Coke fob. the Mill
is greater than the Coke Price for equivalent Coke Tonnage, then Provider shall reimburse Off-Taker for the amount of such excess. Such reimbursement shall be deducted from the amount otherwise payable in accordance with the Monthly invoice. If no
Monthly invoice will be issued subsequent to such determination of the amount to be reimbursed by Provider, then such payment shall be due and payable by wire transfer within three (3) business days from the date of Off-Taker’s Written
notice thereof to Provider. If Off-Taker secures Off-Taker Obtained Coke, then it shall use commercially reasonable efforts to limit its use of Off-Taker Obtained Coke to the time period for which Off-Taker reasonably believes, based on facts and
circumstances disclosed in Writing by provider to Off-Taker, that the Production Shortfall will not be covered by Affiliate Supplied Coke. 
 6.6 Determination of Coke Tonnage. Provider will weigh all Coke delivered to Off-Taker by utilizing the outbound belt scales located within the Plant. Such scale shall have an accuracy of not less
than plus or minus one quarter of one percent (+/- 0.25%), and Provider shall (i) calibrate such belt scale based upon a material test in accordance with the manufacturer’s instructions and the Association of American Railroads Scale
Handbook 2006 Edition, at commercially reasonable intervals not less than two (2) times during the Initial Year and each Calendar Year; and (ii) perform periodic checks in respect of such belt scale in accordance with the
manufacturer’s instructions, and a protocol to be agreed upon by the parties to perform daily, Weekly and other periodic maintenance and testing to maintain accuracy. A representative of such belt scale manufacturer will be present during and
will approve each such materials test calibration, and Provider will provide Off-Taker with reasonable advance notice of such materials test calibration such that its designated representative(s) may be present during such materials test
calibration. Provider shall also develop a protocol in respect of periodic testing of such belt scale between such calibrations, which shall be subject to approval of Off-Taker, such approval not to be unreasonably withheld. Off-Taker may at its
cost, reasonably require such scales to be calibrated at more frequent intervals upon reasonable Written notice to Provider. Absent Manifest Error, such weight determinations shall be conclusive and binding on the Parties. All Coke Tonnage shall be
adjusted to a ***** (*****%) moisture content based on the moisture sampling and analysis procedures under Section 5.1(a) in accordance with the following formula: 
 Tons Sold = (Total tons x (1- actual percentage moisture content)) ÷ ***** 

6.7 Supply of Conforming Feed Water. 
 (a) In General. Off-Taker shall supply, at no cost to Provider, all Conforming Feed Water reasonably required by Provider to operate the HRSGs in accordance with Prudent

  
 32 

 
Operating and Maintenance Practices at a rate up to ***** lbs/hr (the “Feed Water Supply Obligation”). Such Conforming Feed Water shall be provided on an instant (continuous) basis, and
shall be delivered to the Feed Water Delivery Point. 
 (b) Non-Waiver. Provider’s acceptance of Feed Water that is
not Conforming Feed Water shall not be construed as an ongoing waiver by Provider of Off-Taker’s obligation to provide Conforming Feed Water in accordance with Provider’s requirements. 

6.8 Determination of Feed Water Flow, Temperature, Pressure and Purity. 

(a) In General. Each Month, (i) the quantity of Feed Water delivered by Off-Taker to Provider during such Month shall be
determined based upon the flow, pressure and temperature measurements of Feed Water conducted pursuant to Section 6.8(d) during such Month, and (ii) the quantity of Conforming Feed Water in respect of such Feed Water shall be determined
based upon the temperature measurements of Feed Water conducted pursuant to Section 6.8(d) and the measurement of the Feed Water Constituents conducted pursuant to Section 6.8(g). 

(b) Provider Feed Water Instruments. Provider shall, subject to Section 6.8(j), install (i) one (1) flow meter at
the Feed Water Measurement Point, which shall continuously measure Feed Water flow (the “Provider Feed Water Flow Meter” and (ii) one (1) pressure instrument and one (1) temperature instrument at the Feed Water Measurement
Point (to compensate the flow measurement), which shall continuously measure Feed Water temperature and pressure (each, a “Provider Feed Water Instrument” and, collectively, the “Provider Feed Water Instruments”). The Provider
Feed Water Flow Meter shall measure Feed Water flow to an accuracy of not less than plus or minus one percent (+/- 1%). The Provider Feed Water Instruments shall respectively measure Feed Water pressure to accuracy of not less than plus or minus one
percent (+/- 1%), and Feed Water temperature to accuracy of not less than plus or minus five degrees Fahrenheit (+/- 5° F). 

(c) Off-Taker Feed Water Instruments. Off-Taker will, subject to Section 6.8(j), install reasonably proximate to the Feed
Water Delivery Point (i) one (1) similarly designed flow meter, which shall continuously measure Feed Water flow and (ii) one (1) similarly designed pressure and one (1) similarly designed temperature instrument (to
compensate the flow measurement), which shall continuously measure Feed Water temperature and pressure (collectively, the “Off-Taker Feed Water Instruments”) in accordance with the respective levels of accuracy set forth in
Section 6.8(b). 
 (d) Feed Water Flow, Pressure and Temperature Measurement Procedures. When the Provider Feed
Water Flow Meter and both Provider Feed Water Instruments are operating as designed, their respective measurements will be used to determine the flow, temperature and pressure of all corresponding Feed Water delivered to the Feed Water Measuring
Point. If, however, the Provider Feed Water Flow Meter or any Provider Feed Water Instrument is not operating as designed, and the Off-Taker Feed Water Instruments are all operating as designed, then the Off-Taker Feed Water Instruments will be
utilized to determine the Feed Water flow rate, temperature and pressure during the period of inoperability in respect of the Provider Feed Water Flow Meter or any Provider Feed Water Instrument. Absent Manifest Error, such (applicable) measurements
shall be binding and conclusive on the Parties. 

  
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 (e) Provider Feed Water Monitoring Equipment. Provider will, subject to
Section 6.8(j), install redundant sample analyzers in respect of the Feed Water Constituents at the Feed Water Measurement Point (individually and collectively, “Provider Feed Water Monitoring Equipment”), Such Provider Feed Water
Monitoring Equipment shall measure the Feed Water Constituents to the applicable levels of accuracy set forth in Schedule 5.2 relative to the applicable determined values. Sampling will be performed on a continuous basis in accordance with ASTM
Standards. 
 (f) Off-Taker Feed Water Monitoring Equipment. Of Taker Will, subject to Section 6.8(j), install
similarly designed sample analyzers in respect of the Feed Water Constituents reasonably proximate to the Feed Water Delivery Point (the “Off-Taker Feed Water Monitoring Equipment”), which shall measure the Feed Water Constituents to the
applicable levels of accuracy set forth in Schedule 5.2. As applicable, sampling of the Feed Water Constituents will be performed on a continuous basis in accordance with ASTM Standards. 

(g) Feed Water Constituent Measurement Procedures. When either of the redundant Provider Feed Water Monitoring Equipment is
operating as designed, the corresponding measurements will be used to measure the Feed Water Constituents of all corresponding Feed Water delivered to the Feed Water Measuring Point. If, however, both of the redundant Provider Feed Water Monitoring
Equipment are not operating as designed, and the Off-Taker Feed Water Monitoring Equipment is operating as designed, then the Off-Taker Feed Water Monitoring Equipment will be utilized to determine the Feed, Water Constituents during the period of
inoperability in respect of both of. the redundant Provider Feed Water Monitoring Equipment. Absent Manifest Error, such (applicable) measurements shall be binding and conclusive on the Parties. 

(h) Instrument Failures. If the Provider Feed Water Flow Meter or any Provider Feed Water Instrument, and the Off-Taker Feed Water
Instruments are not operating as designed then, provided the flow of sufficient quantities of Feed Water continues on an uninterrupted basis, the quantity of Feed Water in MMBTU’s delivered during such period of inoperability shall be deemed to
be the product of (y) the average MMBTU’s of Feed Water delivered during the one hundred twenty (120) hour period that immediately precedes such occurrence, subject to a proportionate adjustment (as applicable) for any increase or
decrease in the number of HRSGs operating during such 120 hour period relative to the number if such FIRSGs operating during such period of inoperability, and (z) the duration (rounded to the nearest minute) of such failure. If either of the
temperature instruments in respect of the Provider Feed Water Instrument or the Off-Taker Feed Water Instruments are not operating as designed, or if the redundant Provider Feed Water Monitoring Equipment and the Off-Taker Feed Water Monitoring
Equipment are not operating as designed, then all Feed Water delivered during period of inoperability shall be presumed to be Conforming Feed Water unless Provider can otherwise demonstrate the existence of a nonconformity in respect of the Feed
Water Constituents to the reasonable satisfaction of Off-Taker. 
 (i) Approval Rights. The Provider Feed Water Flow
Meter, Provider Feed Water Instruments, Off-Taker Feed Water Instruments, Provider Feed Water Monitoring Equipment and Off-Taker Feed Water Monitoring Equipment shall be subject to the approval of the Parties,

  
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and the Parties shall approve the same, in Writing, at least six (6) Months prior to the commencement of the Initial Operating Period (and in any case prior to their installation).

 6.9 Feed Water Processing and Delivery. 
 (a) In General. Provider shall accept Feed Water delivered to the Feed Water Delivery Point. Subject to the Minimum Steam Supply Obligation such Feed Water shall be processed by Provider into Steam
on behalf of Off-Taker. The Plant shall deliver all Steam as it is processed from Feed Water to the Steam Delivery Point, and Off Taker shall accept delivery of all such Steam. 

(b) Minimum Steam Supply Obligation. Following the Initial Operating Period, and for the balance of the Term and, as applicable,
the Option Term, Provider shall supply a minimum of ***** lbs/hr of Conforming Steam on an instant (continuous) basis (the “Minimum Steam Supply Obligation”) which, on a net instant basis, equates to ***** MMBTUs/hr based upon the Nominal
Conditions. 
 (c) Coordination. Not less than sixty (60) days prior to the commencement of the Initial Year or each
Contract Year, Provider will provide Off-Taker with an expected schedule for Conforming Steam requirements based on scheduled maintenance and other conditions at the Mill during each such period. The Parties shall use commercially reasonable efforts
to coordinate Provider’s Conforming Steam production with Provider’s scheduled maintenance of the HRSGs and with Off-Takers scheduled maintenance of its Mill. The Parties agree that the total scheduled HRSG maintenance in respect of all
HRSGs shall not exceed forty eight (48) calendar days during the Initial Year or any Contract Year. Provider shall also exercise commercially reasonable efforts to limit scheduled maintenance such that one (1) HRSG is out of service during
any single period. 
 (d) Supply Shortfall. In the event Provider does not deliver Conforming Steam to the Steam Delivery
Point in accordance with the Minimum Steam Supply Obligation then Provider shall credit to Off-Taker (in accordance with the provisions of Section 3.6(c)(iii)) as liquidated damages, and not as a penalty, ***** percent (*****%) of the Feed
Water Processing Fee in respect of shortfalls in the delivery of Conforming Steam at the Minimum Steam Supply Obligation (such shortfall being measured in Net MMBTUs). The Parties acknowledge that the foregoing liquidated damages are a reasonable
estimation of the actual damages that would be incurred by Off-Taker in the event of any such occurrence. 
 (e)
Non-Waiver. Off Taker’s acceptance of Steam that is not Conforming Steam or in quantities that do not meet the Minimum Steam Supply Obligation shall not be construed as a waiver by Off-Taker of Provider’s obligation to deliver the
Minimum Steam Supply Obligation, 
 6.10 Determination of Steam Flow, Temperature, Pressure and Purity. 

(a) In General. Each Month, (1) the quantity of Steam delivered by Provider to Off-Taker during such Month shall be
determined based upon the flow, pressure and temperature measurements of Steam conducted pursuant to Section 6.10(d) during such Month, and (ii) the quantity of Conforming Steam in respect of such Steam shall be determined based upon the

  
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Conforming Steam measurements of Steam conducted pursuant to Section 6.10(b) through 6.10(d). 
 (b) Provider Steam Measuring Meters and Instruments. Provider shall install (i) one (1) meter at the Steam Measuring Point, which shall be utilized to continuously measure Steam flow (the
“Provider Steam Flow Meter”, and (ii) one (1) pressure and one (1) temperature instrument at the Steam Measurement Point (to compensate the Steam measurement), which shall continuously measure Steam temperature and pressure
(each, a “Provider Steam Instrument” and, collectively, the “Provider Steam Instruments”). The Provider Steam Flow Meter shall measure Steam flow to accuracy of not less than plus or minus one percent (+1/-1%). The Provider Steam
Instruments shall respectively measure Steam pressure to accuracy of not less than plus or minus one percent (+/-1%) and Steam temperature to accuracy of not less than plus or minus twenty degrees Fahrenheit (+/- 20° F.). 

(c) Off-Taker Steam Instruments. Subject to Section 6.10(i), Off-Taker will install, reasonably proximate to the Steam
Delivery Point, a similarly designed Steam flow meter and associated Steam pressure and temperature instruments (the “Off-Taker Steam Instruments”), which shall measure Steam temperature and pressure in accordance with the respective
levels of accuracy set forth in Section 6.10(b). 
 (d) Steam Measurement Procedures. When the Provider Steam Flow
Meter and Provider Steam Instruments are operating as designed, their respective measurements will be used to determine the quantity of all corresponding Steam delivered to the Steam Measuring Point. If, however, the Provider Steam Flow Meter or any
Provider Steam Instrument is not operating as designed, and the Off-Taker Steam Instruments are operating as designed, then the Off-Taker Steam Instruments will be utilized to determine the flow rate, temperature and pressure of Steam during the
period of inoperability in respect of the Provider Steam Flow Meter or any Steam Flow Instrument. Absent Manifest Error, such (applicable) measurements shall be binding and conclusive on the Parties. 

(e) Steam Monitoring Equipment. Provider shall also install redundant sample analyzers in respect of the Steam Constituents at
Steam Measurement Point (individually and collectively, “Provider Steam Monitoring Equipment”). Such Provider Steam Monitoring Equipment shall measure the Steam Constituents to the applicable levels of accuracy set forth in Schedule 5.3
relative to the applicable determined values. Sampling of Steam Constituents will be performed on a continuous basis in accordance with ASTM Standards. 
 (f) Off-Taker Steam Monitoring Equipment. Subject to Section 6.10(i), Off-Taker will install similarly designed sample analyzers in respect of the Steam Constituents reasonably proximate to
the Steam Delivery Point (the “Off-Taker Steam Monitoring Equipment”), which shall measure the Steam Constituents to the applicable levels of accuracy set forth in Schedule 5.2. As applicable, sampling of the Steam Constituents will be
performed on a continuous basis in accordance with ASTM Standards. 
 (g) Steam Constituent Measurement Procedures. When
either of the redundant Provider Steam Monitoring Equipment is operating as designed, the corresponding measurements will be used to measure the Steam Constituents of all corresponding Steam 

  
 36 

 
delivered to the Steam Measuring Point. If, however, either of the redundant Provider Steam Monitoring Equipment is not operating as designed, and the Off-Taker Steam Monitoring Equipment is
operating as designed, then the Off-Taker Steam Monitoring Equipment will be utilized to determine the Steam Constituents during the period of inoperability in respect of the Provider Steam Monitoring Equipment. Absent Manifest Error, such
(applicable) measurements shall be binding and conclusive on the Parties. 
 (h) If the Provider Steam Flow Meter or any
Provider Steam Instrument and any Off-Taker Steam Instruments are not operating as designed, then the quantity of Steam delivered during such period of inoperability shall be deemed to be the product of (y) the average pounds of Steam delivered
for the ***** (*****) ***** period that immediately precedes such occurrence, subject to a proportionate adjustment (as applicable) for any increase or decrease in the number of HRSGs operating during such ***** period relative to the number if such
HRSGs operating during such period of inoperability, and (z) the duration (*****) of such failure. If either of the temperature instruments in respect of the Provider Steam Instrument or the Off-Taker Steam Instruments are not operating as
designed, or if the redundant Provider Steam Monitoring Equipment and the Off-Taker Steam Monitoring Equipment are not operating as designed, then all Steam delivered during period of inoperability shall be presumed to be Conforming Steam unless
Off-Taker can otherwise demonstrate the existence of a nonconformity in respect of the Steam Constituents to the reasonable satisfaction of Provider. 
 (i) Approval Rights. The Provider Steam Flow Meter, the Provider Steam Instruments and the Off-Taker Steam Instruments shall be subject to the reasonable approval of the Parties, and the Parties
shall approve the same at least six (6) Months prior to the commencement of the Initial Operating Period and in any case prior to their installation. 
 6.11 Maintenance and Calibration Obligations. 
 (a) Off-Taker’s
Maintenance Obligations. Off-Taker shall install, maintain and, as reasonably required, replace at its sole cost and expense: (i) the water line and related equipment located on the Mill that are utilized to deliver the Feed Water from the
Mill to the Feed Water Delivery Point; (ii) the Steam lines utilized to receive Steam from the Steam Delivery Point on Off-Taker’s premises; and (iii) the Off-Taker Feed Water Instruments, the Off-Taker Feed Water Monitoring
Equipment, the Off-Taker Steam Instruments and the Off-Taker Steam Monitoring Equipment. The measurement accuracy of the Off-Taker Feed Water Instruments shall correspond to the level of accuracy, as applicable, in respect of the Provider Feed Water
Flow Meter and the Provider Feed Water Instruments set forth in Section 6.8(b). 
 (b) Off-Taker’s Calibration
Obligation. Off-Taker shall calibrate the Off-Taker Feed Water Instruments, the Off-Taker Feed Water Monitoring Equipment, the Off-Taker Steam Instruments and the Off-Taker Steam Monitoring Equipment. (i) at the frequency recommended by its
manufacturer or, if no manufacturer’s recommendation exists, in accordance with Prudent Operating and Maintenance Practices; and (ii) in any event not less than once per six (6) Months. Off-Taker will notify Provider not less than
twenty-four (24) Hours prior to the time of any calibrations so that Provider’s representatives may witness the calibrations. If, upon calibration, any Off-Taker Steam Instrument is determined to be inaccurate or to be in error, then it
shall be 

  
 37 

 
promptly adjusted to record, as applicable, flow, temperature and pressure measurements correctly. 
 (c) Provider’s Maintenance Obligations. Provider shall install at the Feed Water Measuring Point and shall maintain and, as reasonably required, replace at its sole cost and expense (as an
O&M Expense), (i) the water line and all related equipment beginning at the boundary of the Property and located within the Plant that are utilized to receive Feed Water from the Mill to the Plant; (ii) the HRSGs and all related
equipment located within the Plant that are utilized to process such Feed Water into Steam; (iii) the Steam lines utilized to deliver Steam located within the Plant beginning at the boundary of the Property; and (iv) Provider Feed Water
Flow Meter, Provider Feed Water Instruments, Provider Feed Water Monitoring Equipment, Provider Steam Flow Meter, Provider Steam Instruments and Provider Steam Monitoring Equipment. 

(d) Provider’s Calibration Obligations. Provider shall calibrate (as an Operating Expense) each of the Provider Feed Water
Flow Meter, Provider Feed Water Instrument, Provider Feed Water Monitoring Equipment, Provider Steam Flow Meter, Provider Steam Instruments and Provider Steam Monitoring Equipment (i) at the frequency recommended by its manufacturer or, if no
manufacturer’s recommendation exists, in accordance with Prudent Operating and Maintenance Practices; and (ii) in any event not less than once per six (6) months. Provider will notify Off-Taker not less than twenty-four
(24) Hours prior to the time of any calibrations so that Off Taker’s representatives may witness the calibrations. If, upon calibration any such meter or instrument is determined to be inaccurate or to be in error, then such meter or
instrument shall be promptly adjusted to record, as applicable, flow, temperature and pressure measurements correctly. 
 6.12
Determination of MMBTUs. The Feed Water flow, temperature and pressure data, and the Steam flow, temperature and pressure data are the basis for determining the Net MMBTUs derived from Steam. The Provider Feed Water Flow Meter (in conjunction
with the Provider Feed Water Instruments) and the Off-Taker Feed Water Instruments will be designed to automatically calculate Feed Water deliveries on a MMBTUs basis. The Provider Steam Flow Meter, the Provider Steam Instruments and the Off-Taker
Steam Instruments will be designed to automatically calculate Steam deliveries on a MMBTUs basis. All such calculations will be reconciled by a computer program, which shall determine such Net MMBTUs on a real time basis. Such program will be
developed by Provider, and will be approved by the Off-Taker in Writing prior to the commencement of the Initial Operating Period. 
 6.13 Supply and Usage of Natural Gas. Upon completion of construction of the Plant, and during the Initial Operating Period, Off-Taker shall provide, at no cost to Provider, natural gas in such
quantities as are reasonably necessary to heat up the coke ovens within the Plant for initial start-up. Provider reasonably estimates, but does not guarantee, that its natural gas consumption will approximate the quantities set forth in Schedule
6.13; provided, however, (i) each Party acknowledges that the unit price for natural gas set forth in such Schedule 6.13 is incorporated solely for the convenience of the Parties and, accordingly, is not be construed as applying to
Off-Taker’s natural gas supply obligation hereunder; and (ii) Provider shall not cause Off-Taker to incur a premium charge for natural gas when combined with the natural gas used at the Mill. Subject to the preceding sentence, the Parties
agree to reasonably cooperate in 

  
 38 

 
coordinating both the start up of the Plant and Mill operations that consume natural gas to accommodate the start up schedule of the Plant and avoid such premium charge. For purposes of this
Section 6.13, natural gas consumption in excess of ***** percent (*****%) of the quantities set forth in Schedule 6.13 is deemed to be unreasonable. 
 6.14 Supply of and Usage of Service Water. Off-Taker shall deliver to Provider, at no cost to Provider, Service Water to the Service Water Delivery Point in quantities as reasonably required by
Provider. Such Service Water shall conform to the requirements for Coke quench water as set forth in the Installation Permit. 

ARTICLE VII 

DELIVERY AND RECEIPT OF COKE AND STEAM 
 7.1 Coke Deliveries. 
 (a) Delivery Point. All Coke deliveries shall
be to the delivery end of Off-Taker’s conveyor belt that connects the Plant to Off-Taker’s coke storage area located within its Mill (the “Coke Delivery Point”). 

(b) Risk of Loss. Title and all risk of loss, damage or destruction in respect of Conforming Coke will pass to and be assumed by
Off-Taker upon its delivery to the Coke Delivery Point. Title and risk of loss of Nonconforming Coke shall not pass to Off-Taker if it is rejected by Off-Taker. 
 7.2 Feed Water Deliveries. All Feed Water deliveries shall be to the applicable interface located at the boundary of the Plant and the Mill (the “Feed Water Delivery Point”). Such
interface location will be designated by the Parties in good faith at least six (6) Months prior to the commencement of the Initial Operating Period. 
 7.3 Steam Deliveries. 
 (a) Delivery Point. All Steam deliveries
shall be to the pipeline interface located at the boundary of the Plant and the Mill (the “Steam Delivery Point”). Such interface location will be designated by the Parties in good faith at least six (6) Months prior to the
commencement of the Initial Operating Period. 
 (b) Risk of Loss. All risk of loss, damage or destruction in respect of
Steam will pass to and be assumed by Off-Taker upon its delivery to the Steam Delivery Point. 
 7.4 Service Water Delivery
Point. All Service Water deliveries shall be to the applicable interface located at the boundary of the Plant and the Mill (the “Service Water Delivery Point”). Such interface location will be designated by the Parties in good faith at
least six (6) Months prior to the commencement of the Initial Operating Period. 

  
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 ARTICLE VIII 
 CHANGES IN GOVERNMENTAL REQUIREMENTS 
 8.1 Government Mandated
Additional Expenditures. 
 (a) If, following the Effective Date, Provider determines that a change in Government
Requirements may materially burden Provider’s performance of its obligations under this Agreement, then Provider shall so notify Off-Taker in Writing. Provider’s performance shall be materially burdened where any such Government
Requirement has a material adverse impact on the (i) Coal Blend Standards, (ii) Coke or steam production capacity of the Plant; (iii) Guaranteed Coke Quality Standards; (iv) Guaranteed Coke Yield Percentage; (iv) Steam
Specifications; (v) cost of operating or maintaining the Plant (including capital costs); or (vi) Provider’s performance obligations to third parties related to Coal purchasing, transportation, handling. and blending contracts. Such
notice shall incorporate good faith proposals for complying with those changes in Government Requirements, including the estimated cost thereof. Provided, however, a change in Governmental Requirements does not include any notice, order, decree or
other action by a Governmental Authority that results from Provider’s failure to comply with any permit, license, allowance or authorization required for developing, constructing or operating the Plant. 

(b) During the sixty (60) calendar day period following deliver), of any such notice, Provider and Off-Taker shall negotiate in good
faith to reach agreement as to (i) whether any such change in Government Requirements should be challenged, including the scope and manner of such challenge, and (ii) the most economical and commercially prudent methods for complying with
such change in Government Requirements. 
 (c) If such negotiations result in agreement as to whether to challenge the change in
Government Requirements or the methods for complying with the change in Government Requirements, then Provider shall promptly implement such challenge or methods as appropriate. Costs and charges associated with any such challenge (including,
without limitation, attorneys’ and consultants’ fees) shall be borne equally by Provider and Off-Taker. Any fines and penalties shall be for the account of Provider, unless the imposition of such fines and penalties result as a consequence
of any such challenge, in which case, they will be borne equally by Provider and Off-Taker. If no such agreement is reached or if such challenge is unsuccessful, then Provider will implement commercially reasonable methods for complying with the
change in Government Requirements. In connection therewith, but subject to the limitations set forth in Sections 8.2 and 8.3, any associated Government Mandated Additional Capital Expenditures or Government Mandated Additional Expenses shall be
performed at the lowest practicable cost at the time each such cost is incurred. 
 8.2 Government Mandated Additional
Expenses. Off-Taker shall not be obligated to pay its share of any Government Mandated Additional Expenses if the aggregate amount of such Government Mandated Additional Expenses exceeds the product of (i) ***** dollars ($*****) in respect
of each Year multiplied by (ii) the Cumulative Index Percentage as of the dates such Government Mandated Additional Expenses are incurred. Provided, however, in the event Off-Taker elects not to pay its share of those Government Mandated
Additional Expenses that are in excess such $***** limitation per Year, Provider may, in its sole discretion, terminate this 

  
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Agreement without liability to Off-Taker by providing written notice thereof to Off-Taker at least ninety (90) calendar days prior to the date that Government Requirements in respect of such
Government Mandated Additional Expenses take effect. 
 8.3 Government Mandated Additional Capital Expenditures.
Government Mandated Additional Capital Expenditures shall have an assumed useful life equal to the greater of (i) seven (7) Contract Years or (ii) the remainder of the Term following completion of the Government Mandated Additional
Capital Expenditures. As soon as the Government Mandated Additional Capital Expenditures have been completed, subject to Section 1.6(b), the Monthly amortized cost thereof for the remaining Months of the Term will be calculated based on the
example set forth in Schedule 8.3, and ***** percent (*****%) of such allocated Monthly amortized cost shall be payable by Off-Taker to Provider in accordance with Section 3.6(c)(i)(F). Provided, however, if: 

(a) Provider incurs a Government Mandated Additional Capital Expenditure, and if the remainder of the Term is less than seven
(7) Contract Years, then Off-Taker shall not be obligated to pay to Provider the unamortized balance of such Government Mandated Additional Capital Expenditure as calculated in accordance with Schedule 8.3; and 

(b) Off-Taker shall not be obligated to pay its share of any Government Mandated Additional Capital Expenditures if the aggregate amount
of such Government Mandated Additional Capital Expenditures exceeds the product of (i) ***** dollars ($*****) multiplied by (ii) the Cumulative Index Percentage as of the dates such Government Mandated Additional Capital Expenditures are
incurred. Provided however, if Off-Taker elects not to pay its share of Government Mandated Additional Capital Expenditures that are in excess of such aggregate limitation (namely the product of $***** multiplied by such Cumulative Index
Percentage), Provider may, in its sole discretion, terminate this Agreement without liability to Off-Taker by providing written notice thereof to Off-Taker at least ninety (90) calendar days prior to the date that Government Requirements in
respect of such Government Mandated Additional Capital Expenditures take effect. 
 ARTICLE IX 

FORCE MAJEURE EVENT(S) 
 9.1 Provider Force Majeure Event(s). 
 (a) Definition. Provider
Force Majeure Event(s) are: 
 (i) Any acts of God, acts of war, acts of the public enemy, acts of government
(except for Government Mandated Additional Expenses and Government Mandated Additional Capital Expenditures), insurrections, riots, strikes, lockouts, boycotts, picketing or other disputes or differences with workers, interruptions of power supply
to the Plant, explosions (not resulting from the negligence or willful misconduct of Provider), fires (not resulting from the negligence or willful misconduct of Provider), earthquakes, floods, other force or violence of the elements (including,
without limitation, unusually severe weather), interruptions to transportation as a result of a third party force majeure event, embargoes, acts of military authorities or other causes of a 

  
 41 

 
similar nature which wholly or partly prevent the production of Coke or Steam by Provider or the delivery by Provider to Off-Taker of Coke or Steam; or 

(ii) Force majeure event(s) is respect of Coal supply or Coal transportation contracts. 

(b) Notice. Provider will provide Off-Taker with prompt Written notice of the nature and probable duration of each Provider Force
Majeure Event and of the extent of its effects on Provider’s performance hereunder, including, without limitation, its good faith estimate of the amount of Coke and Steam, if any, that it will be able to deliver to Off-Taker during such
Provider Force Majeure Event. Provider will exercise reasonable commercial efforts to deliver to Off-Taker the amount of Conforming Coke and Conforming Steam for -which it notifies Off-Taker it will be able to deliver during each Provider Force
Majeure Event. 
 (c) Obligations of the Parties. Provider will use commercially reasonable efforts to attempt to limit
the effects and duration of each Provider Force Majeure Event, including (as applicable) (i) producing Conforming Coke and Conforming Steam to the extent it is able to do so, (ii) restoring any damaged property necessary to reinstate the
obligations of Provider under this Agreement, and (iv) supporting Off-Taker in locating alternate sources of substitute coke Tonnage for the duration of such Provider Force Majeure Event; provided, however, nothing in this Section shall be
deemed to require Provider-to resolve any strike or other labor dispute except on terms that are satisfactory to Provider in its sole discretion. During a Provider Force Majeure Event, Off-Taker’s obligation to purchase Conforming Coke and
Conforming Steam shall be limited to the Conforming Coke Tonnage and Conforming Steam that the Plant is to produce and deliver, but in any event not in excess of that which Provider indicated that it could supply to Off-Taker in Provider’s
notice of the Provider Force Majeure Event given pursuant to Section 9.1(b). Once the Plant’s ability to produce and deliver Conforming Coke and/or Conforming Steam is no longer suspended as a result of the applicable Provider Force
Majeure Event, the obligations of Provider and Off-Taker under this Agreement will be reinstated with (as respects Coke) a prorated portion of the Coke Supply and Purchase Obligation. 

9.2 Off-Taker Force Majeure Event(s). 
 (a) Definition. Off-Taker Force Majeure Event(s) are any acts of God, acts of war, acts of the public enemy, acts of government (except for Government Mandated Additional Expenses and Government
Mandated Additional Capital Expenditures), insurrections, riots, strikes, lockouts, boycotts, picketing or other disputes or differences with workers, interruptions of power supply to the Mill, explosions (not resulting from the negligence or
willful misconduct of Off-Taker), fires (not resulting from the negligence or willful misconduct of Off-Taker), earthquakes, floods, other force or violence of the elements (including, without limitation, unusually severe weather), interruptions to
transportation as a result of a third party force majeure event, embargoes, acts of military authorities or other causes of a similar nature which in whole or in part prevent Off-Taker from being able to accept or use Coke and/or Steam pursuant to
this Agreement, or from being able to supply Conforming Feed Water in accordance with the Feed Water Supply Obligation. 

  
 42 

 (b) Notice. Off-Taker will provide Provider with prompt Written notice of the nature
and probable duration of each Off-Taker Force Majeure Event and of the extent of its effects on Off-Taker’s performance hereunder. 
 (c) Obligations of the Parties. Off-Taker will use commercially reasonable efforts to attempt to limit the effects and duration of such Off-Taker Force Majeure Event, including (as applicable)
purchasing Conforming Coke and Conforming Steam to the extent that it is able in good faith to utilize such Conforming Coke and Steam, and restoring any damaged property necessary to fully reinstate the obligations of Off-Taker under this Agreement;
and as respects Off-Taker’s obligation to supply Conforming Feed Water in accordance with the Feed Water Supply Obligation, Off-Taker shall in any ease be obligated to exercise diligent efforts to provide sufficient quantities of Feed Water
that conforms as closely as possible to Conforming Feed Water to enable Provider to operate the Plant on a commercially reasonable basis (with due regard to Plant safety and potential damage to Plant equipment including, without limitation, the
FIRSGs). Provided, however, nothing in this Section shall be deemed to require Off-Taker to resolve any strike or other labor dispute except on terms that are satisfactory to such Off-Taker in its sole discretion. Once Off-Taker’s ability to
perform is no longer suspended as a result of Off-Taker Force Majeure Event(s), the obligations of Off-Taker and Provider under this Agreement will be reinstated, subject to a prorated portion of, as applicable, Coke Supply and Purchase Obligation.

 9.3 Non-Liability. Subject to Sections 9.1(c) and 9.2(c), the performance obligations of Parties under this Agreement
shall be excused during the period of, as applicable, a Provider Force Majeure Event or an Off-Taker Force Majeure Event, and neither affected Party shall be liable to the other Party for such affected Party’s failure to perform its respective
obligations hereunder during those periods. 
 ARTICLE X 

DEFAULT, REMEDIES AND EARLY TERMINATION 
 10.1 Off-Taker’s Events of Default. Off-Taker shall be in default upon the occurrence of one or more of the following events (each an “Off-Taker Default”): 

(i) A Payment Default by Off-Taker, which Payment Default remains uncured for ten (10) calendar days following the
delivery of Written notice by Provider or its designee to Off-Taker; 
 (ii) If Off-Taker becomes Bankrupt; or

 (iii) Except as provided in Sections 10.1(i) and (ii) hereof, if Off-Taker otherwise fails to perform,
observe, or comply with any other term, condition, obligation, covenant or provision of this Agreement, and such breach (y) has not been corrected, cured or remedied within sixty (60) calendar days after Written notice of such breach has
been delivered to Off-Taker, or (z) if such cure cannot reasonably be completed within such 60 (sixty) calendar day period, then Off-Taker promptly commences action(s) to effect a cure and continues to prosecute such cure with reasonable
diligence thereafter. 

  
 43 

 
Provided, however, that any cure commenced hereunder must be completed within one hundred and eighty (180) calendar days following the commencement of the corrective action(s). 

10.2 Provider’s Events of Default. Provider shall be in default upon the occurrence of one or more of the following events
(each a “Provider Default”): 
 (i) A Payment Default by Provider, which Payment Default remains
uncured for ten (10) calendar days following the delivery of Written notice by Off-Taker or its designee to Provider. 
 (ii) If Provider does not, within ten (10) business days following the delivery by Off-Taker of Written notice to Provider regarding a failure to deliver Coke, or Affiliate Supplied Coke as required
by this Agreement, commence corrective action to cure or remedy such failure, and prosecute such corrective action with reasonable diligence until such failure is cured or remedied. Provided, however, that any cure commenced hereunder must be
completed within one hundred and twenty (120) days following the commencement of such cure; 
 (iii) If
Provider, Sun Coal and Coke Company or SunCoke Energy, Inc. becomes Bankrupt; 
 (iv) If Provider does not
fulfill its cure obligations in respect of Section 1.7(c) within the applicable cure periods set forth therein; 
 (v) Except as provided in Sections 10.2(i), (ii) and (iii) hereof, if Provider otherwise fails to perform, observe, or comply with any other term, condition, obligation, covenant or provision of
this Agreement, and such breach (y) has not been corrected, cured or remedied within sixty (60) calendar days after Written notice of such breach has been delivered to Provider, or (z) if such cure cannot reasonably be completed
within such sixty (60) calendar day period, then Provider promptly commences actions to effect a cure and continues to prosecute such cure with reasonable diligence thereafter. Provided, however, that any cure commenced hereunder must be
completed within one hundred and eighty (180) calendar days following the commencement of the corrective action(s), except that, so long as Provider is exercising its best efforts to cure, such one hundred eighty (180) day calendar day
limitation period shall not apply to any Provider Default in respect of Section 1.6, unless such Provider Default results from Provider’s bad faith breach thereof. 
 10.3 Pursuit of Remedies. Upon the occurrence of such an event of default under Section 10.1 or Section 10.2, either Party (as applicable) may pursue its corresponding legal remedies
through the procedures set forth in Article XI. 
 10.4 Provider’s Termination Rights for Breach by Off-Taker. Upon
the occurrence of (1) a Payment Default that is not cured by Off-Taker with ten (10) calendar days following delivery of Written notice by Provider or its designee to Off-Taker, (ii) Off-Taker becoming Bankrupt, or (iii) such
other Off-Taker Default that is not cured prior to the expiration of the cure 

  
 44 

 
period set forth in Section 10.1(iii) then, in addition to pursuing its remedies pursuant to Section 10.3, Provider may terminate this Agreement effective immediately upon the delivery
of Written notice thereof to Off-Taker. Upon any such termination, Provider shall be relieved of its obligations in respect of the supply and delivery of Coke and Steam, and within thirty (30) calendar days following the effective date of such
termination Off-Taker shall pay Provider’s Damages to Provider, less any Mitigation Proceeds as such Mitigation Proceeds are realized by Provider pursuant to Provider’s duty to mitigate Provider’s Damages. 

10.5 Off-Taker’s Termination Rights for Breach by Provider. Upon the occurrence of a (i) a Payment Default that is not
cured by Provider with ten (10) calendar days following the delivery of Written notice thereof by Off-Taker or its designee to Provider, (ii) Provider becoming Bankrupt, or (iii) a Provider Default in respect of Section 10.2(4
10.2(iv) or 10.2 (v) that is not cured prior to the expiration of the respective cure period for the applicable Provider Default then, in addition to pursuing its remedies pursuant to Section 10.3, Off-Taker may terminate this Agreement
effective immediately upon the upon the delivery of Written notice thereof to Provider. Upon such termination, Off-Taker. shall be relieved of its obligations in respect of the Coke Purchase and Supply Obligation, its obligation to accept Steam
deliveries and to purchase Conforming Steam, and its obligation (if any) to pay Government Mandated Additional Expenditures. In addition, Provider shall be liable to Off-Taker for Off-Taker’s Damages. Provider shall pay such Off-Taker Damages
to Off-Taker within thirty (30) calendar days following the effective date of such termination. 
 10.6 Early
Termination without Event of Default. Each Party shall each have the right to terminate this Agreement effective immediately on delivery of Written notice of termination if: 

(i) Within three (3) Months following the Effective Date, the Design Basis Approval does not occur; or 

(ii) On or before July 1, 2008, (1) Permit No. 06070020 shall have been issued by the IKPA for developing,
constructing and operating of the Plant, which is in form and substance acceptable to Provider in its sole discretion, and the appeal periods for all such permits, approvals, licenses, allowances and authorizations shall have expired without
objection pending or any conditions not satisfactory to Provider pending; and (2) Permit No. 06070088 and 06070023 shall have been issued by the IEPA in connection with Off-Taker’s obligations under this Agreement, which are in form
and substance acceptable to Off-Taker in its sole discretion, including, but not limited to, any and all necessary subdivision and other municipal approvals required to legally convey the Property to Provider, and the appeal periods for all such
permits, approvals, licenses, allowances and authorizations shall have expired without objection pending or any conditions not satisfactory to Off-Taker pending; or 

(iii) On or before July 1, 2008, the boards of directors of Off-Taker and Sunoco have not finally approved this
Agreement and all related transaction documents to which they or their Affiliates are parties, in sole discretion of each such board of directors. 

  
 45 

 10.7 No Release of Accrued Obligations. No termination of this Agreement, except for
termination under Section 10.6, shall release either Party from any obligations (including those arising out of a breach of this Agreement) that may have accrued under this Agreement prior to such termination. 

ARTICLE XI 

DISPUTE RESOLUTION 
 11.1 Attempt at Resolution. Except, for claims or causes of action in respect of Equitable Relief, should any claim, cause of action or dispute arise out of any of the provisions of this Agreement,
the Parties shall first attempt in good faith to resolve such claim, cause of action or dispute though mediation before a disinterested third party to be selected by the Parties in good faith. The Parties shall exercise best efforts to select a
mediator and to conduct such mediation within thirty (30) calendar days after either Party notifies the other that a claim, cause of action or dispute exists. If the Parties cannot resolve any such claim, cause of action or dispute through such
mediation, then either Party may invoke the provisions of Section 11.2. This provision will not limit any Party from exercising any remedy it may have under this Agreement. 

11.2 Interpretation and Dispute Resolution. 
 (a) Rules and Venue. Except as respects the exercise or prosecution of claims or causes of action for Equitable Relief, for which the Parties shall have the right to proceed in any court of
appropriate jurisdiction, any claim, cause of action or dispute between the Parties arising out of or relating to this Agreement or the breach thereof, which the Parties are unable to resolve pursuant to (as applicable) Section 3.1(e)(iii),
Section 3.6(f) or Section 11.1, shall be resolved by arbitration pursuant to the teens of the United States Arbitration Act, whether or not federal jurisdiction is obtained. Subject to Section 11.2(b), any and all arbitration(s)
hereunder shall be conducted in Pittsburgh, Pennsylvania in accordance with the Commercial Arbitration Rules of the American Arbitration Association. Notwithstanding the foregoing, the Parties agree to preserve, without diminution, those remedies
that any Party may employ or exercise freely, independently or in connection with an arbitration proceeding or after an arbitration proceeding is started. 
 (b) Panel. Any and all such arbitration(s) shall be conducted by a panel of three (3) arbitrators. The Parties shall attempt to agree on the selection of the three (3) arbitrators
comprising the arbitration panel within forty-five (45) calendar days from receipt of notice of intent to arbitrate. If the Parties cannot agree on the arbitration panel then either Party may move to have the panel appointed by the United
States District Court for the Western District of Pennsylvania, Pittsburgh Division. Time shall be of the essence in nomination of the arbitration panel. The arbitration award by the arbitration panel shall be final and binding, shall include
reasonable interest at the Interest Rate. A judgment to enforce the arbitration award may be entered in any court of appropriate jurisdiction. 
 (c) Award. Upon the date of an arbitration award pursuant to this Section 11.2, if it is determined that an amount is due from one Party to the other Party, then such amount will be paid to
the Party to whom it is due within ten (10) calendar days from the written determination 

  
 46 

 
of the arbitration panel. Overdue payments shall bear interest at the Interest Rate. The failure by such Party to pay any amount due or otherwise take the required actions within the required
time hereunder shall be a default of this Agreement by such Party. 
 ARTICLE XII 

MUTUAL UNDERTAKINGS: REPRESENTATIONS AND WARRANTIES 
 12.1 Cooperation. Each Party warrants to the other Party that this Agreement is not inconsistent with any existing respective legal or contractual obligations of such Party, including, without
limitation, any agreements between such Party and that Party’s employees or third parties (such as any collective bargaining agreement(s) by which such Party may be bound). 

12.2 Further Assurances. From time to time after the date hereof and without further consideration, the Parties shall take such
other action, and execute such other documents and instruments, as either Party may reasonably request to more effectively carry out the transactions contemplated by this Agreement. 

12.3 Compliance with Laws. Each Party represents and warrants to the other Party that no federal or state court of competent
jurisdiction or any governmental authority or agency has enacted or issued a law, rule, regulation, order, decree or ruling, or taken any other action which, in the reasonable opinion of respective counsel to such Party, restrains, joins or
otherwise prohibits any of the actions contemplated hereby. 
 ARTICLE XIII 

MISCELLANEOUS PROVISIONS 
 13.1 Notices. All notices, requests and demands to or upon the Parties to be effective shall be in Writing. Except for invoices and communication pursuant to Section 3.6, such communications
shall be addressed and directed to the Parties listed below as follows, or to such other address or recipient as either Party may designate in Writing: 
  

			
	If to Provider to:	  	If to Off-Taker to:
		
	 c/o SunCoke Energy, Inc.
 Mark
McCormick
 Senior Vice President and General Counsel
 Parkside Plaza
 11400 Parkside Drive
 Knoxville TN 37934
 Fax: (865) 288 - 5281
 Email: mdmccormick@sunocoinc.com
	  	  
  
 General Counsel
 United States Steel Corporation

600 Grant St. Room 6100
 Pittsburgh, PA
15219-2800
 Fax: (412) 433 - 1145

 13.2 No Consequential or Exemplary Damages. NEITHER PROVIDER NOR OFF-TAKER, NOR ANY OF THEIR
RESPECTIVE AFFILIATES OR ASSIGNEES SHALL BE LIABLE FOR ANY CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT 

  
 47 

 
LIMITATION, DAMAGES IN RESPECT OF EXISTING OR FUTURE LOST PROFITS), OR FOR EXEMPLARY DAMAGES, IN RESPECT OF ANY BREACH(ES) OF THIS AGREEMENT (INCLUDING, WITHOUT LIMITATION, ANY BREACH(ES) OF THE
WARRANTIES OR GUARANTEES HEREUNDER) OR OTHERWISE. EXCEPT FOR EQUITABLE RELIEF, THE REMEDIES OF THE PARTIES SET FORTH IN THIS AGREEMENT ARE EXCLUSIVE. 
 13.3 Confidentiality. Each Party and its Affiliates shall keep all information provided by one Party to the other, including this Agreement and the terms hereof (including, without limitation, the
Coke Price, and the Feed Water Processing Fee) strictly confidential and will not disclose any such information to any third party. Provided, however, (i) Provider may disclose this Agreement to prospective investors in Provider subject to
Off-Taker’s approval of terms and conditions in respect of the confidentiality of such disclosure, which approval shall not be unreasonably withheld by Off Taker; (ii) if either Party becomes legally required (by oral questions,
interrogatories, request for information or documents, orders issued by any governmental authority, or any other process) to disclose such information, such Party will give prior notice to the other party of the requirement and the terms thereof and
shall cooperate with the other party to minimize the disclosure of the information, seek a protective order or other appropriate remedy, and if such protective order or other remedy is not obtained, then such Party will furnish only that portion of
such information that it is legally required to furnish; and (iii) either Party may disclose this Agreement and the terms hereof to the extent that such disclosure is required under the Securities Act of 1933, the Securities Exchange Act of
1934 or the rules and regulations promulgated thereunder, or by the rules of any applicable securities exchange. Notwithstanding the foregoing, this Section 13.3 shall not apply to such information that was (x) previously known by the
Party receiving such information without obligation of confidentiality, (y) in the public domain (either prior to or after the furnishing of such documents or information hereunder) through no fault of such receiving party, or (z) later
acquired by such receiving Party, without obligation of confidentiality, from another source not having an obligation of confidentiality to the disclosing Party. 
 13.4 Governing Law. This Agreement shall be construed in accordance with and governed by, the laws of the Commonwealth of Pennsylvania without regard to its conflicts of law provisions, and the
rights and remedies of the Parties hereunder will be determined in accordance with such laws. 
 13.5 Severability. If
any provision of this Agreement is found by a court of competent jurisdiction to be prohibited or unenforceable, it shall, as to such jurisdiction, be ineffective only to the extent of such prohibition or unenforceability, and. such prohibition or
unenforceability shall not invalidate the balance of such provision to the extent it is not prohibited or unenforceable, nor invalidate the other provisions of this Agreement. 
 13.6 Entire Agreement. This Agreement, including Appendix A, the Schedules and Exhibit attached hereto, constitutes the entire agreement among the Parties concerning the subject matter hereof and
supersedes and cancels any prior agreements, representations, warranties, or communications, whether oral or written, among the Parties regarding the transactions contemplated by, and the subject matter of, this Agreement. The provisions of this
Agreement shall not be reformed, altered, or modified in any way by any practice or course of 

  
 48 

 
dealing prior to or during the term of the Agreement, and can only be reformed, altered, or modified by a Writing signed by authorized representatives of the Parties. The Parties specifically
acknowledge that they have not been induced to enter into this Agreement by any representation, stipulation, warranty, agreement, or understanding of any kind other than as expressed in this Agreement. 

13.7 Survival. The respective rights and obligations of the Parties pursuant to Article X1 and Sections 3.8, 8.3, 10.3, 10.4,
10.5, 10.7, 13.1, 13.2, 13.3, 13.4, 13.5, and 13.6 shall survive the termination of this Agreement. 
 13.8
Interpretation. For the avoidance of doubt, the Parties acknowledge that the performance obligations of (i) Provider hereunder are subject, as set forth herein, to the availability of Coals that conform to the Coal Blend Standards,
Off-Taker’s supply of Conforming Feed Water in accordance with the Feed Water Supply Obligation, and the occurrence (as applicable) of Provider Force Majeure Event(s); and (ii) Off-Taker hereunder are subject to the occurrence (as
applicable) Off-Taker Force Majeure Event(s). 
 13.9 Captions. The captions and headings in this Agreement are for
convenience of reference purposes only and have no legal force or effect. Such captions and headings shall not be considered a part of this Agreement for purposes of interpreting, construing or applying this Agreement and will not define, limit,
extend, explain or describe the scope or extent of this Agreement or any of its terms and conditions. 
 13.10 Construction
of Agreement. This Agreement shall be construed as a contract of purchase and sale of goods. 
 13.11 Independent
Contractor. Neither Party to this Agreement is the partner, legal representative or agent of the other, nor shall either Party have the right or authority to assume, create or incur any liability or any obligation of any kind implied, against or
in the name or on behalf of the other. 
 13.12 Waivers and Remedies. The failure of either Party to insist in any one or
more instances upon strict performance of any of the provisions of this Agreement or to take advantage of any of its rights hereunder shall not be construed as a waiver of any such provisions or the relinquishment of any such rights, but the same
shall continue and remain in full force and effect. Except as otherwise expressly limited in this Agreement, all remedies under this Agreement shall be cumulative and in addition to every other remedy provided for herein or by law. 

13.13 Assignability. Provider shall not Assign any of its interests, rights or obligations under this Agreement to any Transferee
without the prior Written consent of Off-Taker, which consent may be withheld in Off-Taker’s sole discretion. Provided, however, the foregoing limitation shall not be construed as limiting (x) a Permitted Transfer, (y) Provider’s
discretion in respect of hiring qualified contractors to perform services relating to the maintenance or repair of the Plant that are reasonably consistent with other comparable domestic coke making facilities that utilize SunCoke Energy,
Inc.’s proprietary heat recovery coke making technology, or (z) Provider’s discretion in respect of the periodic acquisition of equipment, materials and supplies 

  
 49 

 
from third party vendors Off-Taker shall not Assign any of its rights or obligations under this Agreement to any Enterprise without the prior Written consent of Provider, which consent shall not
be unreasonably withheld or delayed. 
 (Signatures on following page) 

  
 50 

 IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their
respective duly authorized officers as of the date first above written. 
  

									
	Gateway Energy & Coke Company, LLC	 		 	United States Steel Corporation
					
	By:	 	 /s/ M.H.R. Dingus
	 		 	By:	 	 /s/ John H. Goodish

	Name:	 	M.H.R. Dingus	 		 	Name:	 	John H. Goodish
	Title:	 	President	 		 	Title:	 	Executive Vice President & COO
	Date:	 	March 7, 2008	 		 	Date:	 	February 28, 2008

  
 51 

 APPENDIX A 
 Definitions 
 The definitions of certain capitalized terms are as follows:

 “Actual Coal Blend Tonnage” means the Tonnage of each of the Coals comprising the applicable Coal Blend
purchased from the applicable Coal supplier. The moisture content of such Coal Tonnage shall be determined by such Coal supplier determined consistent with generally accepted industry practice. Actual Coal Blend Tonnage will be relieved from
inventory on a FIFO basis. 
 “Actual Coke Tonnage” means all Conforming and Nonconforming Coke Tonnage as
adjusted to ***** percent (*****%) moisture in accordance with Section 6.6. 
 “Actual O&M Component”
has the meaning set forth in Section 3.1(c)(v). 
 “Additional Direct Costs” has the meaning set forth in
Section 4.2(b). 
 “Adjusted Fixed Price Component” has the meaning set forth in Section 3.1 (b)(ii).

 “Adjustment Period” has the meaning set forth in Section 3.1(b)(ii). 

“Affiliate” means any Enterprise that directly or indirectly controls, or is controlled by, or is under common control
with any Party. For purposes of this definition, “control” of an Enterprise means the power, directly or indirectly, either (a) to vote fifty percent (50%) or more of the securities or, as applicable, the membership
interest having ordinary voting power for the election of directors of such Party or Enterprise; or (b) to direct or cause the direction of the management and policies of such Party or Enterprise, whether by ownership interest, contract or
otherwise. 
 “Affiliate Supplied Coke” means Conforming Coke obtained from Provider’s Affiliates.

 “Agreement” is this Coke Sale and Feed Water Processing Agreement between the Parties dated as of the
Effective Date (including Appendix A and the Schedules and Exhibit incorporated therewith), together with all Written amendments, revisions and modifications hereof made pursuant to Section 13.6. 

“Annual Index Percentage” is the percentage change in the Weighted Index or, as applicable, the inflation index(es) that
succeeds or replaces the components of such index for, as applicable, the twelve Month period described in Section 3.1(c)(iii) or the applicable Contract Year set forth in Section 2.2(b). 

“Applicable Coke Tonnage” has the meaning set forth in Section 3.1(b)(iii). 

“Article” is each of the Articles contained in this Agreement. 

  

APPENDIX A 
 PAGE 1 

 “ASME” means the American Society of Mechanical Engineers. 

“Assessment Date” has the meaning set forth in Section 3.1(b)(iii). 

“Assign” means assigning or delegating any of the rights or obligation of the Parties to any Enterprise, or either Party
selling, leasing, transferring or voluntarily disposing of all or a substantial portion of its assets. 
 “ASTM
Standards” means the applicable standards of the American Society for Testing and Materials. 

“Bankrupt” means, with respect to any Party or any Enterprise to which this Agreement is Assigned: 

(a) such Party or Enterprise applying for or consenting to the appointment of, or the taking of possession by, a receiver, custodian,
trustee or liquidator of itself or of all or a substantial part of its property; 
 (b) such Party or Enterprise making a
general assignment for the benefit of its creditors; 
 (c) such Party or Enterprise commencing a voluntary case under any
bankruptcy code, as now or hereafter in effect (“Bankruptcy Code”); 
 (d) such Party or Enterprise filing a
petition seeking to take advantage of any other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment of debts; 
 (e) such Party or Enterprise taking any action for the purpose of effecting any of the foregoing; or 
 (f) such Party or Enterprise is a defendant, respondent, alleged debtor, or has otherwise had commenced against it, in any court of competent jurisdiction, a proceeding or case under the Bankruptcy Code
or a case seeking: 
 (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its
debts; 
 (ii) the appointment of a trustee, receiver, custodian, liquidator or the like, of such Party or Enterprise or of all
or any substantial part of its property; or 
 (iii) similar relief under any law relating to bankruptcy, insolvency,
reorganization, winding-up, or composition or adjustment of debts; and such proceeding or case shall continue undismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue unstayed and in
effect, for a period of sixty (60) or more calendar days, or 

  

APPENDIX A 
 PAGE 2 

 
an order for relief against such Party or Enterprise shall be entered in a case under the Bankruptcy Code. 
 “Base Case Coal Blend” means a Coal Blend having a volatile matter content of *****% and a moisture content of *****%. 

“Breeze” means the undersized coke less than or equal to ***** inches that is screened from the run of oven coke
produced at the Plant, commonly referred to as breeze and nut coke. 
 “Coal(s)” are metallurgical coking coals
that are reasonably available for use at the Plant. 
 “Coal Blend(s)” means each Coal blend selected by the
Coal Committee and, as applicable, any Coal blend selected by Provider pursuant to Section 4.2(f), excluding trial Coal blends as set forth in Section 4.2(b). 
 “Coal Blend Standards” are the standards for selecting the Coal Blends. Those standards require that each Coal Blend (i) consist of not more than ***** (*****) Coals;
(ii) consist of Coals having a minimum FSI of *****; (iii) actually produce Coke that will reasonably conform to the “mean” Guaranteed Coke Quality Standards set forth in Schedule 5.1(b) or any successor standards;
(iv) have a volatile matter component of not less than ***** percent (*****%) and not more than ***** percent (*****%); (v) have a maximum targeted weighted average moisture content of ***** percent (*****%) as determined by moistures at
the mine shipping points; (vi) having both a (y) sulfur content of not more than *****% and (z) partition ratio of not more than *****% (vii) allow for safe, reliable and efficient operation of the Plant; and (viii) allow
for the operation of the Plant in accordance with Governmental Requirements. Provided, however, if there is a material change in the North American coal market that justifies the need to utilize more than ***** (*****) Coals, the Parties will confer
in good faith to increase the limit in respect of the number of Coals set forth in subpart (i) herein to account for any such material change. 
 “Coal Committee” is the committee comprised of one (1) representative of Off-Taker and one (1) representative of Provider that selects, subject to Section 4.2(f), each Coal
Blend for use in the production of Coke as particularly described in Section 4.1. 
 “Coal Cost
Component”, including its manner of determination, is set forth in Section 3.1(e)(i). 
 “Coal
Costs” are all costs, expenses and expenditures, including Taxes, related to sampling, testing, selecting, purchasing, storing, blending and handling of Coals, and in respect of transporting, and delivering the Coals and Coal Blends to the
Plant. Coal Costs do not include overhead or administrative costs of Provider or its Affiliates. Furthermore, Coal Costs do (i) not include penalties, assessments and damages recovered by Provider in respect of Coal contracts with Coal
suppliers to the extent such penalties, assessments and/or damages result in Coke Price reductions as set forth in Schedule 5.1(b), or any successor schedule in which case such penalties, assessments and/or damages shall be for the account of
Provider, unless (ii) such penalties, assessments and/or damages exceed such Coke Price reductions, or such penalties, 

  

APPENDIX A 
 PAGE 3 

 
assessments and/or damages do not result in a Coke Price reduction, in which ease such any such excess amount(s) or such penalties, assessments and/or damages not resulting in a Coke Price
reduction will be deducted from the Coal Costs. 
 “Coke Delivery Point” has the meaning set forth in
Section 7.1(a). 
 “Coke Price” has the meaning set forth in Section 3.1(a). 

“Coke Supply and Purchase Obligation” has the meaning set forth in Section 6.2(a). 

“Competitor” has the meaning set forth in Section 1.7(b)(ii) 

“Conforming Coke” is Coke or Affiliate Supplied Coke Tonnage that does not exceed or, as applicable, is less than the
“reject” standards set forth in Schedule 5.1(b) based upon the daily average analysis of each applicable shift sample. 
 “Conforming Feed Water” has, subject to Section 5.2(b), the meaning set forth in Section 5.2(a) and Schedule 5.2. 

“Conforming Steam” has, subject to Section 5.3(b), the meaning set forth in Section 5.3(a) and Schedule 5.3.

 “Consolidation” has the meaning set forth in Section 1.5. “Consolidation Period” has
the meaning set forth in Section 1.6. 
 “Contract Year” means, subject to Section 3.1(a), each
respective Year transpiring during the Term or (as applicable) the Option Term or the renewal thereof following the Initial Year. 
 “Contract Years” means two (2) or more Contract Years. “Credits” has the meaning set forth in Section 1.10. 

“Cumulative Index Percentage” is the percentage change, from the Reference Month through the applicable determination
period in respect of the Weighted Index, or the inflation index(es) that succeeds or replaces the components of such index. 

“Debt” has the meaning set forth in Section 1.6. 

“Design Basis Approval” has the meaning set forth in Section 5.2(b). “Due Date” has the meaning
set forth in Section 3.6(e). 
 “Effective Date” has the meaning set forth in the introductory paragraph
to this Agreement. 
 “Electrical Power Index” is the Electrical Power Price divided by $***** per MWH.

 “Electrical Power Price” is the cost of electrical power per MWH paid by Provider as of the applicable
determination date. Provided; however, the Electrical Power Price in respect of 

  

APPENDIX A 
 PAGE 4 

 
the commencement of the Initial Operating Period is the cost of electrical power per MWH paid by Off-Taker in respect of electrical power consumed at the Mill as of the determination date.

 “Employment Cost Index” is the Employment Cost Index - Union Manufacturing (Series Id:
C1112013000000510I(B))published quarterly by the United States Department of Labor, Bureau of Labor Statistics, or the inflation index that succeeds or replaces such index, 
 “Enterprise” means an individual, firm, company, limited partner, limited liability corporation, corporation, association, trust, or other enterprise. 

“Equitable Relief” is, in the context of the exercise or prosecution of claims or causes of action, any claim or cause
of action for immediate relief (such as Provider’s remedies to stop goods in transit, withhold or refuse delivery, reclaim or replevy goods and resell goods), or in respect of equitable relief (such as, without limitation, temporary and
permanent injunctive relief, and specific performance). 
 “Feed Water” means the water supplied by Off-Taker
to Provider and delivered to the Feed Water Delivery Point, for use in the production of Steam. 
 “Feed Water
Constituents” has the meaning set forth in Section 5.2(a). 
 “Feed Water Delivery Point” has the
meaning set forth in Section 7.2. 
 “Feed Water Measuring Point” is a location to be designated by the
Parties in good faith, and which is to be located at or in reasonable proximity to the Feed Water Delivery Point. 

“Feed Water Processing Fee” has the meaning set forth in Section 3.2. 

“Feed Water Supply Obligation” has the meaning set forth in Section 6.7(a). 

“FIFO” has the meaning set forth in Section 3.1(e)(iii). 

“Fixed Price Component” is set forth in Section 3.1(b). 

“Forecast” has the meaning set forth in Section 3.1(c)(ii). 

“Forecasted O&M Component”, including its manner of determination, is set forth in Section 3.1(e)(iv).

 “Gateway Encumbrances” means Provider’s debt relating to (i) liens with respect to Taxes,
assessments or other governmental charges, levies or impositions not due or payable or that are subject to a good faith challenge; and (ii) mechanic’s, workmen’s, materialmen’s and similar liens for amounts and charges that are
not delinquent or that are subject to a good faith challenge, excluding any such lien that is obtained by Provider for the purpose of securing collateral for financing. 
 “General Facility Operating Guidelines” has the meaning set forth in Section 5.5. 

  

APPENDIX A 
 PAGE 5 

 “Governmental Authority(ies)” means any federal, state or local government,
and political subdivision(s) thereof, and any entity(ies) exercising legislative, judicial, regulatory or administrative functions having or pertaining to government. 
 “Government Mandated Additional Capital Expenditures” means capital expenditures affecting the Plant for which an equally reliable and safe non-capital expenditure alternative that by
itself is not reasonably available and economically feasible and which are required due to changes in Governmental Requirements made after the Effective Date (or with respect to compliance standards not reasonably ascertainable as of the Effective
Date). 
 “Government Mandated Additional Expenses” are O&M Expenses required due to Changes in
Governmental Requirements made after the Effective Date (or with respect to compliance standards not reasonably ascertainable as of the Effective Date). 
 “Government Mandated Additional Expenditures” means, collectively, Government Mandated Additional Capital Expenditures and Government Mandated Additional Expenses. 

“Governmental Requirements” means any applicable law, regulation and regulatory order (and any official interpretations
thereof) of any Governmental Authority in respect of the operation of the Plant, including (without limitation) any such law, regulation or regulatory order relating to environmental compliance by Provider with respect to the operation of the Plant.

 “Guaranteed Coke Yield Percentage” has the meaning set forth in Section 3.1(e)(ii). 

“Guaranteed Coke Quality Standards” are the guaranteed quality parameters for Coke set forth in Schedule 5.1(b).

 “Guidelines” has the meaning set forth in Section 3.1(c)(ii). 

“HRSG” means the each heat recovery steam generator located within the Plant. 

“HRSGs” means two (2) or more of the heat recovery steam generators located within the Plant. 

“Incidental Damages” are incidental damages permitted under 13 Pa. C.S. §2710, or as allowed pursuant to any
amendment or re-codification thereof. Such damages specifically include, without limitation, reasonable storage and re-screening costs, and degradation and handling losses, incurred by Provider in connection with the stockpiling of Coke or Affiliate
Supplied Coke. 
 “IEPA” has the meaning set forth in Section 1.10. 

“Initial O&M Component”, including its manner of determination, is set forth in Section 3.1(e)(i). 

“Initial Operating Period” means the period from the commencement of Coke production at the Plant through the last day
of the calendar Month following the earlier of (i) the date 

  

APPENDIX A 
 PAGE 6 

 
Provider notifies Off-Taker in Writing that the Plant has demonstrated the commercial capability of producing Coke at the full production level of the capacity of the Plant, or (ii) within
one hundred twenty (120) days of the date when Coke production commences at the Plant. 
 “Initial Year”
means the balance of the Year following the expiration of the Initial Operating Period. 
 “Installation
Permit” has the meaning set forth in Section 1.10. 
 “Insurance Component”, including its manner
of determination, is set forth in Section 3.1(d). 
 “Insurance Costs” has the meaning set forth in
Section 3.1(d)(i). 
 “Insurance Inflation Adjustment” has the meaning set forth in
Section 3.1(d)(i). 
 “Interest Rate” means an interest rate equal to ***** percent (*****%) above the
rate announced by JP Morgan Chase Bank (or any successor in interest thereof) as its prime rate at the date of accrual of the late payment. 
 “Mandatory Emission Assessments” has the meaning set forth in Section 3.3(f). 
 “Manifest Error” means an arithmetical error, or a result that is not based upon a required standard. 
 “Material” has the meaning set forth in Section 1.5(iii). 

“MMBTU(s)” has the meaning set forth in Section 3.2. 

“Mill” means Off-Taker’s Granite City Works, located at Granite City, Illinois. 

“Minimum Coal Inventory” has the meaning set forth in Section 4.2(e). 

“Minimum Owner’s Equity” has the meaning set forth in Section 1.7(b)(ii). 

“Minimum Ratability Standard” has the meaning set forth in Section 6.3. 

“Minimum Steam Supply Obligation” has the meaning ser forth in Section 6.9(b). 

“Mitigation Proceeds” means any (positive) difference between: 

(A) The sum of the sales proceeds arising from third party commercially reasonable Coke sales (with such commercial reasonableness to be
based upon (i) prevailing market conditions, (ii) the permitted storage capacity of the Plant in respect of Coke Tonnage; (iii) degradation and handling in respect of any Coke storage and third party sales; (iv) logistics and
associated loading, transportation, delivery and unloading costs and expenses in respect of any such third party sales, (v) other relevant factors), plus any costs and expenses saved by Provider in connection therewith, minus 

  

APPENDIX A 
 PAGE 7 

 (B) The sum of (i) the product (y) the Coke Price less the Fixed Price Component
of the Coke Price multiplied by (z) Coke Tonnage that is sold to such third parties, plus (ii) any other Incidental Damages incurred by Provider. 
 “Month” or “Monthly” refers to a calendar month beginning at 12:00 midnight on the last day of the preceding month and ending at 12:00 midnight on the last day of such
calendar month, and transpiring in whole or in part during the Term or, as applicable, the Option Term. 
 “Monthly Coal
Blend Tonnage” has the meaning set forth in Section 3.1(e)(i)(A). 
 “Monthly Adjusted Coal Blend
Tonnage” has the meaning set forth in Section 3.1(e)(i)(B). 
 “Monthly Feed Water Processing
Fee” has the meaning set forth in Section 3.2. 
 “Monthly Moisture Adjusted Coal Blend Tonnage”
has the meaning set forth in Section 3.1(e)(i)(C). 
 “Net MMBTU(s)” has the meaning set forth in
Section 3.2. 
 “Nominal Conditions” refers to (i) Steam interface conditions whereby such mass flow
of ***** lbs/hr. has a temperature of *****°F, a pressure of ***** psig and enthalpy of ***** BTUs/lb., and (ii) Feed Water interface conditions whereby such mass flow of ***** lbs/hr. has a temperature of *****°F and enthalpy of *****
BTUs/lb. 
 “Nonconforming Coke” has the meaning set forth in Section 5.1(d). 

“Off-Taker” means United States Steel Corporation, a Delaware corporation. 

“Off-Taker Default” has the meaning set forth in Section 10.1. 

“Off-Taker Feed Water Instruments” has the meaning set forth in Section 6.8(c). 

“Off-Taker Feed Water Monitoring Equipment” has the meaning set forth in Section 6.8(f). 

“Off-Taker Force Majeure Event(s)” has the meaning set forth in Section 9.2(a). 

“Off-Taker Obtained Coke” means coke obtained by Off-Taker that is required to make up for any shortfall in the delivery
of Coke in respect of any Production Shortfall and Affiliate Supplied Coke. 
 “Off-Taker Steam Instruments”
has the meaning set forth in Section 6.10(c). 
 “Off-Taker’s Damages” means (i) any amounts due
by Provider to Off-Taker under this Agreement as of the effective date of its termination; plus (ii) the present value, discounted at the rate of ***** percent (*****%) per annum, of the product of the difference (if any) between the
(y) price of Off-Taker Obtained Coke f o.b. the Mill and (z) the Coke Price that would have been 

  

APPENDIX A 
 PAGE 8 

 
payable by Off-Taker to Provider, multiplied by the minimum range of the Coke Supply and Purchase Obligation for all complete or partial Contract Years remaining in the Term (provided, for such
Contract Years having less than 365 days, the foregoing amount is to be multiplied by a fraction, the numerator of which is the number of calendar days in such Contract Year, and the denominator of which is 365); plus (iii) the present value,
discounted at the rate of ***** percent (*****%) per annum, of the product of ***** dollars ($*****) multiplied by the number of all complete or partial Contract Years remaining in the Term (provided, for such Contract Years having less than 365
days, $***** in respect of such Contract Years is to be multiplied by a fraction, the numerator of which is the number of calendar days in each such Contract Year, and the denominator of which is 365). (If the Agreement is terminated prior to or
during the Initial Year, then the product determined pursuant to subparts (ii)(y) and (iii) herein shall be multiplied by fifteen (15) Contract Years.) Such Coke Price will be determined based upon the assumed utilization of the Base Case
Coal Blend, and a reasonable market value estimation of the Coal Costs per Ton of Coke in respect of such Base Case Coal Blend. The Parties acknowledge that such damages are a reasonable estimation of Off-Taker’s actual damages in the event of
Off-Taker’s termination of this Agreement pursuant to Section 10.5. 
 “Off-Taker Feed Water Monitoring
Equipment” has the meaning set forth in Section 6.8(f). 
 “Off-Taker Steam Monitoring Equipment”
has the meaning set forth in Section 6.10(f) 
 “O&M Component”, including its manner of
determination, is set forth in Section 3.1(c). 
 “O&M Component Limit”, including its manner of
determination, is set forth in Section 3.1(c)(iv). 
 “O&M Expense(s)” means (i) all costs,
expenses and fees incurred by Provider in respect of operating and maintaining the Plant and in complying with the Coke and Steam delivery and supply obligations of Provider under this Agreement, all of which shall be consistent with U. S. GAAP,
plus (ii) all Taxes in respect of all such costs, expenses, and fees. Provided, however, the (u) Pass-Through Expenses, (v) Insurance Costs, (w) Additional Direct Costs, (y) capital costs, and (z) fines or penalties in
respect of violations of Governmental Requirements (including, without limitation, Governmental Requirements pertaining to the environment, and employee health and safety), unless caused by negligent or wrongful acts of Off-Taker or the failure of
Off-Taker to act when having a duty to do so, are not O&M Expenses. 
 “Option Notice” has the meaning set
forth in Section 2.2(b). 
 “Option Term” has the meaning set forth in Section 2.2(b) 

“Other Realized Value” has the meaning set forth in Section 3.5(c). 

“Owner” or “Owners” has the meaning set forth in Section 1.7(e). 

“Parties” means Provider and Off-Taker. 

  

APPENDIX A 
 PAGE 9 

 “Party” means Provider or Off-Taker, depending upon the context in which
the term is used. 
 “Pass-Through Expenses” has the meaning set forth in Section 3.3. 

“Payment Default” means any failure by (i) Off-Taker to pay Provider in accordance with this Agreement, including
Article III (including the payments in respect of the Coke Price, the adjustments thereto, the Feed Water Processing Fee, the Pass-Through Expenses and Taxes), Section 8.1(c), Section 8.3 or Section 11.2(c); or (ii) Provider to
credit or otherwise pay amounts due by Provider to Off-Taker under this Agreement. 
 “Permitted Transfer” has
the meaning set forth in Section 1.7(b). 
 “Plant” means the one hundred twenty (120) oven
metallurgical coke making plant and related facilities (including, without limitation, the HRSGs and related piping and equipment) located adjacent to the Mill, and which is to be developed by Provider. 

“Permitted Debt” has the meaning set forth in Section 1.6(b). 

“Power Facility” has the meaning set forth in Section 5.2(b). 

“Presumed O&M Expenses” has the meaning set forth in Section 3.1(c)(iii). 

“Producer Price Index” is the Producer Price Index — Industrial Commodities Less Fuel (Series Id: WPUO3T15M05)
published by the United States Department of Labor, Bureau of Labor Statistics. 
 “Production Shortfall” has
the meaning set forth in Section 6.4. 
 “Property” means the real property upon which the Plant is to be
constructed, which is described in the Purchase Agreement. 
 “Provider” means Gateway Energy & Coke
Company, LLC. 
 “Provider Default” has the meaning set forth in Section 10.2. 

“Provider Feed Water Flow Meter” has the meaning set forth in Section 6.8(b). 

“Provider Feed Water Instrument(s)” has the meaning set forth in Section 6.8(b). 

“Provider Feed Water Monitoring Equipment” has the meaning set forth in Section 6.8(e). 

“Provider Force Majeure Event(s)” has the meaning set forth in Section 9.1(a). 

“Provider’s Damages” include (i) any amounts due by Off-Taker to Provider under this Agreement as of the
effective date of its termination; (ii) the present value, discounted at the rate of ***** percent (*****%) per annum, of (y) the product of (A) the Fixed Coke Price 

  

APPENDIX A 
 PAGE 10 

 
Component, multiplied by (B) ***** (*****) as respects each complete or partial Contract Year remaining in the Term (provided, for such Contract Years having less than 365 days, the
foregoing amount is to be multiplied by a fraction, the numerator of which is the number of calendar days in each such Contract Year, and the denominator of which is 365), plus (z) (as applicable) Taxes thereon; plus (iii) the present
value, discounted at the rate of ***** percent (*****%) per annum, of the Monthly Feed Water Processing Fee for each Month remaining in the Term (which shall be reasonably estimated by Provider based upon historic production of Conforming Steam from
Conforming Feed Water at or above the Minimum Steam Supply Obligation, and, as applicable, Steam produced from nonconforming Feed Water); plus (iv) the balance of all of the remaining Government Mandated Additional Capital Expenditures that
would be payable by Off-Taker but for such termination. (If the Agreement is terminated prior to or during the Initial Year, then the product determined pursuant to subpart (ii)(y) and (iii) herein shall be multiplied by fifteen
(15) Contract Years.) Provided, however, if Provider elects in good faith to shut down the Plant as a consequence of termination of this Agreement by Provider pursuant to Section 10.4, then Provider’s damages shall be the sum of
(i) any amounts due under this Agreement as of the effective date of termination; (ii) severance benefits payable by Provider to its employees in accordance with generally accepted industry standards; (iii) as applicable, amounts
payable by Provider to Governing Authorities pursuant to incentive programs related to the Plant; (iv) an amount equal to the gross book value of the Plant less accumulated book depreciation (as determined in accordance with U.S. GAAP); and
(v) the balance of all of the Government Mandated Additional Capital Expenditures payable by Off-Taker. The Parties acknowledge that such damages are a reasonable estimation of Provider’s actual damages in the event of Provider’s
termination of this Agreement pursuant to Section 10.4. 
 “Provider Steam Flow Meter” has the meaning set
forth in Section 6.10(b). 
 “Provider Steam Instrument(s)” has the meaning set forth in
Section 6.10(b). 
 “Provider Steam Monitoring Equipment” has the meaning set forth in
Section 6.10(e). 
 “Provisional Guaranteed Coke Quality Standards” has the meaning set forth in
Section 4.2(f) 
 “Provisional Period” has the meaning set forth in Section 3.6(a)(i). 

“Prudent Operating and Maintenance Practices” means the practices, methods, standards and procedures generally accepted
and followed by a prudent, diligent, skilled and experienced manager and operator acting in accordance with standards generally utilized in the United States with respect to the management, operation, maintenance, safety and loss prevention of
manufacturing facilities having similar characteristics to the Plant which, at the particular time in question, in the exercise of reasonable judgment and in light of facts then known or that reasonably should have been known at the time a decision
was made, would be expected to accomplish the desired results and goals, including such goals as efficiency, reliability, economy and profitability, in a manner consistent with Governmental Requirements considering the age of the Plant, and subject
to its originally projected useful life of thirty (30) years. 

  

APPENDIX A 
 PAGE 11 

 “Purchase Agreement” means the agreement between the Parties in respect of
the sale by Off Taker to Provider of the Property, which shall be consistent with the “Term Sheet”. 

“Qualified Bank” means a financial institution having, at the time of determination for purposes of this Agreement a
credit rating of at least “A” by Standard & Poor’s Corporation or at least “A2” by Moody’s Investors Service. 
 “Recomputed Section 45 Credit Amount” has the meaning set forth in Section 3.5(f). 
 “Reference Month” is July 2007. 
 “Reject
Limits” are set forth in Schedule 5.1(b). 
 “Renewal Notice” has the meaning set forth in
Section 2.2(a). 
 “Renewal Term” has the meaning set forth in Section 2.2(a). 

“Section 45 Credits” has the meaning set forth in Section 3.5(a). 

“Section 48B Credit Adjustment Percentage” has the meaning set forth in Section 3.1(b)(iii) 

“Section 48B Credit Amount” has the meaning set forth in Section 3.1(b)(iii). 

“Section(s)” are the sections and subsections of the Articles contained in this Agreement. 

“Section 48B Credit” has the meaning set forth in Section 3.1(b)(iii), 

“Service Water” means Off-Taker’s Mill service water supplied by Off Taker to Provider and delivered to the Service
Water Delivery Point, for use in the Plant operations for Coke quenching operations, the operations of the pusher-charger machines located at the Plant, and other miscellaneous Plant operations for which the use of such service water is suitable.
Service water does not include Feed Water. 
 “Service Water Delivery Point” has the meaning set forth in
Section 7.4. 
 “Steam” is super heated steam delivered by the Plant to the Mill at the Steam Delivery
Point. 
 “Steam Constituents” has the meaning set forth in Section 5.3(a). 

“Steam Delivery Point” has the meaning set forth in Section 7.3(a). 

“Steam Measuring Point” is a location to be designated by the Parties in good faith, and which is to be located at or in
reasonable proximity to the Steam Delivery Point. 
 “Sun Coke” has the meaning set forth in
Section 1.7(b)(i). 

  

APPENDIX A 
 PAGE 12 

 “Sunoco” means Sunoco, Inc., an Affiliate of Provider. 

“Sunoco Realized Value”, including its manner of determination, is set forth in Section 3.5(b). 

“Targeted Coke Production” means, as respects the (i) Base Case Coal Blend six hundred fifty thousand eight hundred
fifty four (650,854) Tons of Conforming Coke for each Contract Year, and (ii) as respects each Coal Blend that contains a volatile matter content percentage which varies from the Base Case Coal Blend, the Conforming Coke Tonnage for each
Contract Year provided for in the corresponding volatile matter content percentage set forth in the attached and incorporated Schedule 6.2. 
 “Tax Credit Agreement” has the meaning set forth in Section 3.1(b)(iii). 
 “Taxes” means any tax imposed by any Governmental Authority in the form of sales, use, excise, value added, environmental tax, state and local product tax, state and local inspection
fees, or similar taxes, assessments, or fees, but specifically excludes Mandatory Emission Assessments, property taxes in respect of the Plant, taxes based on or measured in whole or in part by the net or gross income, gross or net receipts (other
than sales and use taxes) or net worth or capital of Provider (but only to the extent so measured), franchise taxes or the Michigan single business tax. If the purchase of any Coke by Off-Taker is exempt from sales or use tax, then Off-Taker shall
furnish Provider or its designee with a valid exemption certificate in form and content reasonably acceptable to Provider. In the event any exemption is subsequently denied by any Governmental Authority, and as a result Provider is assessed for such
sales or use tax, then Off-Taker shall reimburse Provider for such Taxes, including all interest and penalties associated therewith. If Off-Taker reasonably disagrees with the amount of Taxes imposed by a Governmental Authority for which Off-Taker
may be liable under this Agreement, then at Off-Taker’s request Provider shall reasonably cooperate with Off-Taker to attempt to resolve such disagreement. Costs and charges incurred by Provider in cooperating with Off-Taker (including, without
limitation, attorneys’ and consultants’ fees) shall be borne entirely by Off-Taker. 
 “Term” has the
meaning set forth in Section 2.1. 
 “Third Party Investor(s)” has the meaning set forth in
Section 3.5(c). 
 “Ton” or “Tonnage” means a “short” ton of two
thousand (2,000) pounds of Coal or Coke, as the case may be. Provided, however, Coke Tonnage shall be adjusted for the moisture content thereof in accordance with Section 6.6. 

“Transfer” has the Meaning set forth in Section 1.7(a). 

“Transferee” is any Enterprise, including a Third Party Investor, which is the recipient of a Transfer. 

“Typical Coal Blend” is a Coal Blend having a volatile matter content of *****% and a moisture content of *****%.

  

APPENDIX A 
 PAGE 13 

 “U.S. GAAP” has the meaning set forth in Section 1.5. 

“Week” or “Weekly” refers to a calendar week beginning at 12:00 midnight on the Sunday and ending at
11:59 on the Saturday of the same week, and transpiring on whole or on part during the Term or, as applicable, the Option Term. 

“Weighted Index” is the weighted percentage of the following Indexes: 

 

			
	Percentage (Weighting)	  	Index
	 *****%
	  	Employment Cost Index
	 *****%
	  	Producer Price Index
	 *****%
	  	Electrical Power Index.

 “Written” or “in Writing” mean any form of written communication or a
communication by means of e-mail, telex, telecopier device, telegraph or cable, or overnight courier, and shall be deemed to have been duly given or made upon receipt, or in the case of any electronic transmission, when confirmation of receipt is
obtained. 
 “Year” means a calendar year commencing on January 1st and ending on December 31St, and
transpiring during the Term or, as applicable, the Option Term or (as applicable) the renewal thereof. 

“Years” mean two (2) or more Years. 

  

APPENDIX A 
 PAGE 14 

 Schedule 1.4 
 Guarantee of Provider’s Obligations 
 GUARANTY 

THIS GUARANTY, dated as of August [insert], 2007, (“Guaranty”), is made by SunCoke Energy, Inc., a Delaware corporation and Sun
Coal and Coke Company a Delaware corporation (collectively referred to herein as “Guarantor”), for the benefit of United States Steel Corporation, a Delaware corporation (“US Steel”). 

Recitals 
 A.
This Guaranty is made pursuant to the Coke Sale and Feed Water Processing 
 Agreement entered into the date hereof by and
between US Steel and Gateway Energy & Coke Company, LLC (“Gateway”). 
 B. This Guaranty is made for the
benefit of US Steel to guarantee the performance by 
 Gateway of its obligations under the Coke Sale and Feed Water Processing
Agreement (the obligations referred to herein are collectively referred to as the “Guaranteed Obligations”). 
 C. It
is a condition to US Steel entering into the Coke Sale and Feed Water Processing Agreement that the Guarantor shall have executed and delivered this Guaranty. 
 D. The Guarantor will obtain benefits from Gateway entering into the Coke Sale and Feed Water Processing Agreement and, accordingly, desires to execute this Guaranty in order to satisfy the conditions
described in the preceding paragraph and to induce US Steel to enter into the Coke Sale and Feed Water Processing Agreement, 

E. The Guarantor acknowledges that it is bound by the restrictions on transfer of ownership pertaining to Guarantor as set forth in
Section 1.7 of the Coke Sale and Feed Water Processing Agreement. Accordingly, such restrictions are particularly set forth in paragraph 16 of this Guaranty, and any breach thereof by Guarantor in respect thereof shall constitute a default by
Guarantor of this Guaranty to the extent not cured by Guarantor as set forth in paragraph 17 of this Guaranty. 
 F. Except as
respects the limited partnership interest of Jewell Coke Company L.P. held by Sunoco Inc. (R&M division), the Guarantor represents and warrants that its owner’s equity is the total owner’s equity set forth in Guarantor’s financial
statements dated December 31, 2006. 
 Guaranty 

NOW, THEREFORE, in consideration of the foregoing and other benefits accruing to the Guarantor, the receipt and sufficiency of which are
hereby acknowledged, the Guarantor hereby 

  

SCHEDULE 1.4 
 PAGE 1 

 
makes the following representations and warranties to US Steel and hereby covenants to US Steel as follows; 
 1. The Guarantor guarantees to US Steel the full performance of all Guaranteed 

Obligations. The Guarantor understands, agrees and confirms that US Steel may enforce this Guaranty against the Guarantor without first
proceeding against Gateway. 
 2. The liability of the Guarantor hereunder shall not be affected or impaired by (a) 

any other continuing or other guaranty, undertaking or maximum liability of the Guarantor or of any other person as to the obligations
and performance of Gateway; (b) any reduction of any such other guaranty or undertaking; (c) any payment made to US Steel in respect of the Guaranteed Obligations which US Steel repays to Gateway pursuant to court order in any bankruptcy,
reorganization, arrangement, moratorium or other debtor relief proceeding, and the Guarantor waives any right to the deferral or modification of its obligations hereunder by reason of any such proceeding; (d) any assignment by Gateway of any of
its rights under any of the Coke Sale and Feed Water Processing Agreement; or (e) the sale, transfer or other disposition by the Guarantor of any or all of its ownership interest in Gateway; provided, notwithstanding any other provision in this
Guaranty, no action shall commence against the Guarantor unless and until written notice of default is first made upon Gateway and the Guarantor pursuant to the requirements set forth in the Coke Sale and Feed Water Processing Agreement, and Gateway
or the Guarantor fails to cure such default within the applicable cure period set forth in the Coke Sale and Feed Water Processing Agreement. 
 3. Other than the notice required to be given to the Guarantor as specified in Section 
 2 of this Guarantee, the Guarantor hereby waives notice of acceptance of this Guaranty and notice of any liability to which it may apply, and waives promptness, diligence, presentment, demand of payment,
protest, notice of dishonor or nonpayment of any such liabilities, suit or taking of other action by US Steel against the Guarantor. 
 4. US Steel may at any time and from time to time without the consent of or notice 

to the Guarantor, without incurring responsibility to the Guarantor, without impairing or releasing the obligations of the Guarantor
hereunder upon or without any terms or conditions and in whole or in part: 
 (a) Exercise or refrain from exercising any rights
against Gateway or otherwise act or refrain from acting; 
 (b) Settle or compromise any of the Guaranteed Obligations or any
liability (including any of those hereunder) incurred directly or indirectly in respect thereof or hereof; and/or 

  

SCHEDULE 1.4 
 PAGE 2 

 (c) Consent to or waive any breach of, or any act, omission or default under, the Coke Sale
and Feed Water Processing Agreement, or otherwise amend, modify or supplement the Coke Sale and Feed Water Processing Agreement. 
 5. No invalidity, irregularity or unenforceability of all or any part of the Guaranteed 
 Obligations shall affect, impair or be a defense to this Guaranty, and this Guaranty shall be primary, absolute and unconditional notwithstanding the occurrence of any event or the existence of any other
circumstances which might constitute a legal or equitable discharge of a surety or guarantor except payment in full of the Guaranteed Obligations. 
 6. This Guaranty is a continuing one and all liabilities to which it applies or may apply under the terms hereof shall be conclusively presumed to have been created in reliance hereon. No failure or delay
on the part of US Steel in exercising any right, power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power or privilege hereunder preclude any other or further exercise thereof or
the exercise of any other right, power or privilege. The rights and remedies herein expressly specified are cumulative and not exclusive of any rights or remedies which US Steel would otherwise have. Other than the notice required to be given to the
Guarantor as specified in Section 2 of this Guarantee, no notice to or demand on the Guarantor in any case shall entitle the Guarantor to any other further notice or demand in similar or other circumstances or constitute a waiver of the rights
of US Steel to any other or further action in any circumstances without notice or demand. It is not necessary for US Steel to inquire into the capacity or powers of Gateway or the officers, directors, or agents acting or purporting to act on its
behalf, and any indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder. 
 7. The Guarantor waives, to the maximum extent permitted by applicable law, any right to require US Steel to (a) proceed against Gateway or (as applicable) any other person; or (b) pursue any
other of its remedies. 
 8. The Guarantor assumes all responsibility for being and keeping itself informed of Gateway’s
financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment or nonperformance of the Guaranteed Obligations and the nature, scope and extent of the risks which the Guarantor assumes and incurs hereunder, and
agrees that US Steel shall have no duty to advise the Guarantor of information known to it regarding such circumstances or risks. Guarantor will provide to US Steel, no later than one hundred and eighty (180) days following the end of each
fiscal year, audited financial statements and footnotes of Guarantor and, as applicable, Sunoco Inc. (R&M division). Along with such audited financial statements, Guarantor will also provide an approximation (+/-10%) of the owner’s equity
of the Guarantor with respect to such financial statements. 
 9. If and to the extent that the Guarantor makes any payment or
performance to US Steel pursuant to or in respect of this Guaranty, then any claim which the Guarantor may have against Gateway by reason thereof shall be subject and subordinate to the prior payment and performance in full of the Guaranteed
Obligations to US Steel. 

  

SCHEDULE 1.4 
 PAGE 3 

 10. The Guarantor hereby agrees to pay all reasonable out-of-pocket costs and expenses of US
Steel (including, without limitation, the reasonable fees and disbursements of counsel employed by US Steel) in connection with the enforcement of this Guaranty and any amendment, waiver or consent relating hereto against the Guarantor. 

11. This Guaranty shall be binding upon the Guarantor and its successors and assigns, and shall inure to the benefit of US Steel and its
successors and assigns. Guarantor will remain fully liable under this Guaranty notwithstanding the fact that (1) a third party becomes the owner of all or a portion of a membership or other interest in Gateway and/or (ii) Gateway assigns
the Coke Sale and Feed Water Processing Agreement to a third party. 
 12. Neither this Guaranty nor any provision hereof may be
changed, waived, discharged or terminated except with the written consent of US Steel and the Guarantor. 
 13. The Guarantor
acknowledges that an executed (or conformed) copy of the Coke Sale and Feed Water Processing Agreement has been made available to its principal executive officers, and that such officers are familiar with the contents thereof. 

14. All notices requests, demands or other communications pursuant hereto shall be made in writing (including telegraphic, telex,
facsimile transmission or cable communication) and mailed, telegraphed, telexed, transmitted, cabled or delivered to the following addresses (or to such other address(es) designated by the Guarantor or US Steel): 

 

			
	If to the Guarantor:	  	SunCoke Energy, Inc.
		  	 Parkside Plaza 11400 Parkside Plaza Drive Knoxville, TN, 37934
 Attention: Vice President and General Counsel
 FAX: (865) 288-5281

		  	Confirm: (865) 288-5213
		
	If to US Steel:	  	 United States Steel Corporation
 600 Grant St. Room 6100

		  	Pittsburgh, PA 15219-2800
		  	 Attention: General Counsel

FAX: (412) 433-1109
 Confirm: (412)
433-4616

 All such notices and communication shall be mailed, facsimile transmitted, or sent by overnight courier, and shall be
effective when received. 
 15. This Guaranty and the rights and obligations of US Steel and of the Guarantor shall be governed
by and construed in accordance with the law of the State of Pennsylvania. 
 16. Notwithstanding any other provision in this
Guaranty, Guarantor shall not transfer any interest in Guarantor, nor shall Guarantor’s Affiliates (as applicable) transfer any membership or other interest in Guarantor, in whole or in part, to any Enterprise, including any Affiliate of a
party (collectively, a “Transfer”), without the Written consent of US Steel, which 

  

SCHEDULE 1.4 
 PAGE 4 

 
consent may be withheld by US Steel in its sole and absolute discretion, unless such proposed Transfer is a Permitted Transfer. A “Permitted Transfer” is a transfer whereby: 

(i) Sunoco, Inc. or any of its wholly owned Affiliates will retain a combined ownership share of at least thirty percent (30%) in
(y) Guarantor, provided, however, that in such event Gateway remains wholly owned by Guarantor and/or Guarantor’s wholly owned Affiliates; or 
 (ii) As of the date of such Transfer, and thereafter for the remaining balance of the term, and, as applicable, the option term and any renewal term of the Coke Sale and Feed Water Processing Agreement,
the (y) respective owner’s equity of Gateway and Guarantor is a least One Hundred Million Dollars ($100,000,000) each, in each case based upon current audited financial statements prepared annually in accordance with U.S. GAAP (the
“Minimum Owner’s Equity”); and (z) the proposed Transferee provides US Steel with reasonable assurances that it or its designee will be able to fulfill its obligations in respect of this Guaranty. Guarantor shall deliver or, as
applicable, shall cause Gateway to deliver true and correct copies of such audited financial statements to US Steel not less than ten (10) calendar days prior to such Transfer and annually thereafter within ten (10) calendar days following
the receipt thereof by Gateway and Guarantor. 
 Provided, however, and notwithstanding subparts (i) and (ii) hereof,
as of the date of such proposed Transfer, and thereafter for the remaining balance of term and, as applicable, the option term and any renewal term of the Coke Sale and Feed Water Processing Agreement, a proposed Transfer will not be deemed to be a
Permitted Transfer if either (y) such Transfer could reasonably be expected to diminish in a material manner the benefits and rights of US Steel under the Coke Sale and Feed Water Processing Agreement, including without limitation the benefits
with respect to the Section 48B Credit under Section 3.1(b)(iii) or the Section 45 Credits under Section 3.5 thereof, or (z) the proposed Transferee (as such term is defined in of the Coke Sale and Feed Water Processing
Agreement) or an Affiliate(s) (as such term is defined in of the Coke Sale and Feed Water Processing Agreement) of the proposed Transferee is a company engaged in the production of steel or the processing of steel into intermediate steel products
for resale to manufacturers of end products or to wholesale distributors, where the gross revenue in respect of such proposed Transferee or its Affiliate(s) in such steel production or processing business applicable to North American sales is more
than one billion dollars ($1,000,000,000.00) annually (hereinafter such company is referred to as a “Competitor”), provided however, such proposed Transfer shall not be deemed to be a Transfer to an Affiliate of a Competitor if the
Transfer is to an Affiliate that is a passive investor in a Competitor, so long as such passive investment is, and continues to be, limited to not more than five percent (5%) of the ownership interests of such entity. 

17. Provider acknowledges that any Transfer that is not a Permitted Transfer shall constitute a material default of this Guaranty. In the
event such a default by Gateway or Guarantor (hereinafter individually referred to as “Party” or collectively referred to as “Parties”) is in respect of the Minimum Owner’s Equity obligation, then the Party(ies) in default
shall be obligated cure such default by either delivering to US Steel, within ninety (90) days following its receipt of any such non-conforming audited financial statement(s), either (i) supplemental

  

SCHEDULE 1.4 
 PAGE 5 

 
audited financial statement(s), prepared in accordance with U.S. GAAP, which demonstrate that the total owner’s equity of such Party(ies) is at least the Minimum Owner’s Equity, or
(ii) irrevocable letter(s) of credit in favor of US Steel issued by a Qualified Bank (as such phrase is defined in of the Coke Sale and Feed Water Processing Agreement) in an amount equal to the difference (rounded up to the nearest five
million dollars ($5,000,000.00) between (y) the Minimum Owner’s Equity and (z) the total owner’s equity of such Party(ies) as determined by the applicable current audited financial statement(s) prepared in accordance with U.S.
GAAP, until Gateway delivers or, as applicable, causes Sun Coke to deliver to Off-Taker a current audited financial statement (prepared in accordance with U.S. GAAP) which demonstrates that the total owner’s equity of such Party(ies) is at
least the Minimum Owner’s Equity. Such irrevocable letter(s) of credit shall be immediately payable at the option of and upon first demand by US Steel on and at any time after the occurrence a “Provider Default” that is not cured
during the applicable cure period set forth in Section 10.2 of the Coke Sale and Feed Water Processing Agreement. In the event such a “Provider Default” diminishes any of the benefits of US Steel under the Coke Sale and Feed Water
Processing Agreement, including without limitation such benefits with respect to the Section 48B Credit under Section 3.1(b)(iii) or the Section 45 Credits under Section 3.5 of the Coke Sale and Feed Water Processing Agreement,
Gateway or Guarantor (on behalf of Gateway) shall cure such default by fully mitigating the economic harm to US Steel arising from such Transfer within thirty (30) calendar days following discovery thereof by either of them or Gateway’s
receipt of written notice thereof from US Steel (which notice shall reasonably describe such diminishment and the basis of its determination.). 
 18. The Parties acknowledge that US Steel will be irreparably harmed if the provisions of Sections 16 and 17 are breached, Accordingly, US Steel will be entitled to appropriate measures, including
preliminary and permanent injunctive relief and (as applicable) specific performance, to prevent breaches of those Sections and to enforce those Sections, and in connection therewith will not be required to post a bond or other form of security as a
condition of obtaining any temporary, preliminary or interim equitable relief (including without limitation, injunctive relief). 
 19. This Guaranty may be executed in one or more counterparts and by the different parties hereto on separate counterparts, each of which when so executed and delivered shall be an original, but all of
which shall together constitute one and the same instrument. 

  

SCHEDULE 1.4 
 PAGE 6 

 IN WITNESS WHEREOF, the Guarantor has caused this Guaranty to be executed and delivered as
of the date first above written. 
  

			
	SunCoke Energy, Inc.
		
	By:	 	  

		 	Name:
		 	Title:
	
	Sun Coal & Coke Company
		
	By:	 	  

		 	Name:
		 	Title:
	
	Acknowledged:
	
	Gateway Energy & Coke Company, LLC
		
	By:	 	  

		 	Name:
		 	Title:

  

SCHEDULE 1.4 
 PAGE 7 

 Schedule 1.11 
 Service Water 
 1.0 INTRODUCTION 

Provider’s Coke facility requires service water. The service water is to be supplied by Off Taker to Provider at the indicated
tie-point. 
 2.0 REFERENCE DRAWINGS AND DOCUMENTS 
  

			
	P&ID - Service Water	 	GRC-92-1P-001 B
	P&ID - Service.Water	 	GRC-92-1P-002 B
	Utility Tie-Point and Interface Map	 	GRC-90-2A-001 F

 3.0 INTERFACE CONTROLS 
 A control valve located at the inlet of the service water tank regulates water flow from US Steel by means of tank level indication. All service water used by GECC will be metered. 

4.0 INTERFACE POINTS 

The service water terminal point is located underground at the western boundary of the site, shall be in general accordance with the
following: 
  

			
	 •      USS Pipe:
	  	*****
	 •      Pipe Size:
	  	***** nominal diameter
	 •      Pressure Class:
	  	***** psi
	 •      Pipe Schedule:
	  	*****
	 •      Material:
	  	*****
	 •      Material Specification:
	  	*****
	 •      Connection Type:
	  	*****
	 •      Pressure:
	  	***** prig
	 •      Temperature:
	  	*****
	 •      Tie-Point Coordinates:
	  	*****

  

SCHEDULE 1.11 
 PAGE 1 

 Schedule 1.11 
 Start Up Natural Gas Interface 
 1.0 INTRODUCTION 

Provider’s facility requires natural gas for the initial heatup of the coke ovens. 

2.0 REFERENCE DRAWINGS AND DOCUMENTS P&ID — Natural Gas 
 Utility Tie-Point and Interface Map    GRC-90-1P-001 B GRC-90-2A-001 F 

3.0 SYSTEM DESIGN INFORMATION 
 Natural gas to the facility for heatup will be supplied by US Steel downstream of the US Steel meter station (*****”) and natural gas used by Provider will be metered, 

4.0 INTERFACE CONTROLS 

The natural gas interface is controlled by Provider’s pressure and flow regulator at the NG Flow Metering/Pressure Reduction station.

 5.0 INTERFACE POINTS 
 The natural gas tie-point for start-up gas is located underground at the northern boundary of the site, shall be in general accordance with the following: 

 

			
	 •       Temporary Pipe Size:
	  	*****
	 •       Pressure Class:
	  	*****
	 •       Pipe Schedule:
	  	*****
	 •       Material:
	  	***** (*****) ***** (*****)
	 •       Material Specification:
	  	*****
	 •       Connection Type:
	  	*****
	 •       Pressure:
	  	***** (*****) ***** (*****) *****
	 •       Temperature:
	  	*****
	 •       Tie-Point Coordinates:
	  	*****

  

SCHEDULE 1.11 
 PAGE 2 

 Schedule 1.11 
 Steam Interface 
 1.0 INTRODUCTION 

The Provider will supply high pressure steam. The superheated steam is generated by six single pressure heat recovery steam generators
(HRSGs) which utilize the waste heat produced from the coke making process. High pressure steam lines originate from each of the HRSGs and are combined into a common header which is used to deliver steam to US Steel. 

2.0 REFERENCE DRAWINGS AND DOCUMENTS P&ID-HP Steam - IIRSG 
 P&ID-HP Steam Header 
 P&ID-Feedwater System 

Utility Tie-Point and Interface Map GRC-61-1P-001 B 
 GRC-61-IP-002 B GRC-61-1P-004 B GRC-90-2A-001 F 
 3.0 INTERFACE CONTROLS 

The steam header pressure is controlled by the US Steel steam turbine in which all of the HRSGs will be in a following pressure mode
operation. 
 4.0 INTERFACE POINTS 
 The steam tie-point is located on the pipe rack at the eastern corner of the site, shall be in general accordance with the following: 

 

			
	 •       Pipe Size:
	  	*****
	 •       Pressure Class:
	  	*****
	 •       Pipe Schedule:
	  	*****
	 •       Material:
	  	*****
	 •       Material Specification:
	  	*****
	 •       Connection Type:
	  	*****
	 •       Insulation:
	  	*****
	 •       Pressure:
	  	*****
	 •       Temperature:
	  	*****
	 •       Minimum Steam:
	  	*****
	 •       Tie-Point Coordinates [1]:
	  	*****

  

	[1]:	Tie-points coordinates specified are located at the Provider/Off-Taker fence line. 

	[2]:	Approximate elevation subject to final pipe rack design with allowance for 18’ of nominal clearance from bottom of truss to roadway. 

  

SCHEDULE 1.11 
 PAGE 3 

 Schedule 1.11 
 Boiler Feedwater Interface 
 1.0 INTRODUCTION 

Off-Taker is to supply boiler feedwater to the indicated terminal point at the site boundary to Provider’s six heat recovery steam
generators (HRSGs). 
 2.0 REFERENCE DRAWINGS AND DOCUMENTS 

 

			
	P&ID-HP Steam - HRSG	  	GRC-61-1P-001 B
	P&ID-Feedwater Header	  	GRC-61-1P-003 B
	P&ID-Feedwater System	  	GRC-61-1P-004 B
	Utility Tie-Point and Interface Map	  	GRC-90-2A-001 F

 3.0 INTERFACE CONTROLS 
 Boiler Feedwater flow is regulated through Gateway’s control valve in the supply line to each HRSG. Control valves maintain drum water levels based on three-element control scheme which include
feedwater flow, drum level, and steam flow. 
 4.0 INTERFACE POINTS 

The feedwater tie-point is located on the pipe rack at the eastern corner of the site, shall be in general accordance with the following:

  

			
	 •       Pipe Size:
	  	*****
	 •       Pressure Class:
	  	*****
	 •       Pipe Schedule:
	  	*****
	 •       Material:
	  	*****
	 •       Material Specification:
	  	*****
	 •       Connection Type:
	  	*****
	 •       Insulation:
	  	*****
	 •       Pressure:
	  	*****
	 •       Temperature:
	  	*****
	 •       Tie-Point Coordinates [1]:
	  	*****

  

	[1]:	Tie-points coordinates specified are located at the Provider/Off-Taker fence line. 

	[2]:	Approximate elevation subject to final pipe rack design with allowance for 18’ of nominal clearance from bottom of truss to roadway. 

  

SCHEDULE 1.11 
 PAGE 4 

 Schedule 1.11 
 Coke Interface 
 1.0 INTRODUCTION 

The Coke produced by the Provider facility is delivered via transfer conveyor (CV-3006) to the specified takeover point at Transfer Tower
#3 (TT-3003). Transfer Tower #3 will be constructed by GECC and will include all chutework and diverter gates. The point of takeover occurs when the Coke is discharged from the chute (by Provider) onto the US Steel coke transfer conveyor. The
chutework and diverter gate at the Transfer Tower #3 also will allow for screened furnace coke to be discharged to the ground. 
 2.0
REFERENCE DRAWINGS AND DOCUMENTS 
  

			
	Coke Interface Detail Drawing	  	GRC-30-2A-003 D
	Utility Tie-Point and Interface Map	  	GRC-90-2A-001 F

 3.0 INTERFACE CONTROLS 
 Coke will be discharged directly from CV-3006 through the chutework and onto the US Steel coke conveyor. Indication sensors for Power On and/or Zero Speed on the US Steel coke conveyor will provide
external permissives and allow Provider to position the diverter gate accordingly for emergency Coke discharge. 
 4.0 INTERFACE POINTS

 The Coke tie-point is located at the #3 Transfer Tower at the northeastern boundary of the site, shall be in general
accordance with the following: 
  

			
	 •       Tie-Point Coordinates:
	  	*****

  

SCHEDULE 1.11 
 PAGE 5 

 Schedule 3.1(b)(ii) 

Adjustment to Fixed Price Component 
 Table I 
  

			
	 Fixed Price Component

(Adjustment Period)
	  	 Effective Date in year of Passage of Repeal of Section 199
Production Activities
 Deduction under the Code

	$*****	  	2009 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2010 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2011 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2012 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2013 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2014 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2015 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2016 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2017 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2018 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2019 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2020 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2021 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2022 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2023 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2024 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2025 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2026 (Adjustment Period = effective date through the remainder of the Term)

 Table II 
  

			
	 Fixed Price Component

(Adjustment Period)
	  	 Effective Date in year subsequent to passage of Repeal of
Section 199 Production
 Activities Deduction under the Code.

	$*****	  	2009 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2010 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2011 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2012 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2013 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2014 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2015 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2016 (Adjustment Period - effective date through the remainder of the Term)
	$*****	  	2017 (Adjustment Period - effective date through the remainder of the Term)
	$*****	  	2018 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2019 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2020 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2021 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2022 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2023 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2024 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2025 (Adjustment Period = effective date through the remainder of the Term)
	$*****	  	2026 (Adjustment Period = effective date through the remainder of the Term)

 Note; Table I applies if the tax rate change is effective in the same year as the law changing the tax rate is passed,
Table II applies if the tax rate change is effective in the year following the year in which the law changing the tax rate is passed. 

  

SCHEDULE 3.1(b)(ii) 
 PAGE 1 

 Schedule 3.1(b)(iii) 

Hypothetical Calculation of Amounts Due as of the Adjustment Date Pursuant to Section 3.1(b)(iii) 

Quarterly Calculation 
 Sample
Calculation of Repayment of Sec 48B tax credit by Off-Taker 
 Assumptions 

 

	1.	***** 

  

	2.	***** 

  

	3.	***** 

  

	4.	***** 

  

	5.	***** 

 Principal and
Interest Calculation Summary 
  

																									
	 	  	Fixed Component	 
	 	  	Interest Rate	 	  	Coke Tonnage	 	  	Discount	 	  	Principal	 	  	Interest	 	  	Total	 
	 Dec 2009
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 1, 2010
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 2, 2010
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 3, 2010
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 4, 2010
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 1, 2011
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 2, 2011
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 3, 2011
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 4, 2011
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 1, 2012
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 2, 2012
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 3, 2012
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Qtr 4, 2012
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Total
	  				  	 	*****	  	  				  	 	*****	  	  	 	*****	  	  	 	*****	  

 Interest Calculation Detail 

 

																																																													
	 	 	Principal	 	 	Interest	 	 	Dec
2008	 	 	Qtr 1,
2009	 	 	Qtr 2,
2009	 	 	Qtr 3,
2009	 	 	Qtr 4,
2009	 	 	Qtr 1,
2010	 	 	Qtr 2,
2010	 	 	Qtr 3,
2010	 	 	Qtr 4,
2010	 	 	Qtr 1,
2011	 	 	Qtr 2,
2011	 	 	Qtr 3,
2011	 	 	Qtr 4,
2011	 
	 Dec 2008
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 1, 2009
	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 2, 2009
	 	 	*****	  	 	 	*****	  	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 3, 2009
	 	 	*****	  	 	 	*****	  	 				 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 4, 2009
	 	 	*****	  	 	 	*****	  	 				 				 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 1, 2010
	 	 	*****	  	 	 	*****	  	 				 				 				 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 2, 2010
	 	 	*****	  	 	 	*****	  	 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 3, 2010
	 	 	*****	  	 	 	*****	  	 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 4, 2010
	 	 	*****	  	 	 	*****	  	 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 1, 2011
	 	 	*****	  	 	 	*****	  	 				 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 2, 2011
	 	 	*****	  	 	 	*****	  	 				 				 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Qtr 3, 2011
	 	 	*****	  	 	 	*****	  	 				 				 				 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  
	 Qtr 4, 2011
	 	 	*****	  	 	 	*****	  	 				 				 				 				 				 				 				 				 				 				 				 				 	 	*****	  

 Interest rate assessed on discount: ***** 

  

SCHEDULE 3.1(b)(iii) 
 PAGE 1 

 Total Periods: 36 
  

																									
	 	  	Period	 	  	Actual Tons	 	  	Per ton Value
of 50% of
Sec
48B	 	  	$ Amount of
Sec
48B
Discount	 	  	    Interest    
Amount	 	  	Total
Repayment
Amount	 
	 December 2009
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 January 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 February 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 March 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 April 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 May 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 June 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 July 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 August 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 September 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 October 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 November 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 December 2010
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 January 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 February 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 March 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 April 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 May 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 June 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 July 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 August 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 September 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 October 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 November 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 December 2011
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 January 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 February 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 March 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 April 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 May 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 June 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 July 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 August 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 September 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 October 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 November 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
	 December 2012
	  	 	*****	  	  	 	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  
		  				  				  	$	*****	  	  	$	*****	  	  	$	*****	  	  	$	*****	  

  

SCHEDULE 3.1(b)(iii) 
 PAGE 2 

 Schedule 3.1(c)(i) 

Initial O&M Component Adjustment Factor 
 Initial O&M Component during the Initial Operating Period and Initial Year is the product of $***** per Ton of Coke and the Initial O&M Component adjustment factor of 1+ A, where: 

A =    *****% 
 Example: 
 Assuming the Initial Operating Period commences as of September 2009, that
indexes published as of the Month during which such Initial Operating Period commences have been determined as of March 2009, and that: 
 *****

 Then “A” equals: 
 ***** 
 Adjustment Factor = (1+ A) = ***** 

Initial O&M Component 

$***** x (*****) = $***** x ***** = $***** per Ton of Coke 

  

SCHEDULE 3.1(c)(i) 
 PAGE 1 

 Schedule 3.1(c)(iv) 

Adjustment Factor for the O&M Component Limit 
 O&M Component Limit for Year X is the product of $***** and the adjustment factor of (1+ A). “A” is determined in the following manner: 

A=    *****% 
 Example: 
 Assume that: 
 ***** 
 Then “A” equals: 

***** 
 Adjustment Factor = (1+
A) = ***** 
 O&M Component Limit for Contract Year 2012 
 $***** x (*****) = $***** x *****= $***** per Ton of Coke 

  

SCHEDULE 3.1(c)(iv) 
 PAGE 1 

 Schedule 3.1(c)(xi) 

Gateway Energy & Coke Company 
 O&M Cost Adjustment Calculator 
 Annual Summary 

 

																																	
	 	  	Year 2010	 	  	Year 2010	 
	 	  	1st QTR	 	  	2nd QTR	 	  	3rd QTR	 	  	4th QTR	 	  	Qtrly Total	 	  	Annual	 	  	Q1-Q3 Total	 	  	Settle Up	 
	 Production
	  				  				  				  				  				  				  				  			
	 Forecast
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  				  			
	 Actual
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  				  			
									
	 O&M Cost per NT
	  				  				  				  				  				  				  				  			
	 Forecast O&M
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  				  	 	*****	  	  				  			
	 Actual O&M
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  				  	 	*****	  	  				  			
	 Cap
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  				  	 	*****	  	  				  			
									
	 O&M Costs
	  				  				  				  				  				  				  				  			
	 Invoiced
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  			
	 Actual
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  			
		  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  			
									
	 Quarterly Adjustments
	  				  				  				  				  				  				  				  			
	 USS
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Gateway
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
		  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
									
	Note: To the extent a provision in the body or definitions of the off-take agreement differs from this exhibit, the language in the body or definitions off-take agreement shall
prevail.	  				  				  				  				  				  				  	 	*****	  	  			

  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 1 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: 1st 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual
O&M
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	 Adjustment ($/nt)
	  				  	 	Act vs Fcst Factor	  	 	 	Cap Factor	  
	 Actual vs Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	 Adjustment ($/month)
	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  				 	 	*****	  
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Cost Summary
	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Adjustment Shares
	  				  				 			
	 Invoiced O&M Costs
	  	 	*****	  	  				 			
	 Actual O&M Costs
	  	 	*****	  	  				 			
	 Actual vs. Original Invoice Difference
	  	 	*****	  	  				 			
		  				  	 	Adjustment %	  	 			
	 US Steel Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Gateway Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Total Adjustment
	  	 	*****	  	  	 	*****	  	 			
				
	 Final O&M Cost Responsibility
	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 2 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: 2nd 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual
O&M
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	Adjustment ($/nt)	  				  	 	Act vs Fcst Factor	  	 	 	Cap Factor	  
	 Actual vs Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	Adjustment ($/month)	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  	 	*****	  	 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	O&M Cost Summary	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	O&M Adjustment Shares	  				  				 			
	 Invoiced O&M Costs
	  	 	*****	  	  				 			
	 Actual O&M Costs
	  	 	*****	  	  				 			
	 Actual vs. Original Invoice Difference
	  	 	*****	  	  				 			
		  				  	 	Adjustment %	  	 			
	 US Steel Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Gateway Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Total Adjustment
	  	 	*****	  	  	 	*****	  	 			
				
	 Final O&M Cost Responsibility
	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 3 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: 3rd 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual
O&M
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	Adjustment ($/nt)	  				  	 	Act vs Fcst Factor	  	 	 	Cap Factor	  
	 Actual vs Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	Adjustment ($/month)	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  				 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	O&M Cost Summary	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	O&M Adjustment Shares	  				  				 			
	 Invoiced O&M Costs
	  	 	*****	  	  				 			
	 Actual O&M Costs
	  	 	*****	  	  				 			
	 Actual vs. Original Invoice Difference
	  	 	*****	  	  				 			
		  				  	 	Adjustment %	  	 			
	 US Steel Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Gateway Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Total Adjustment
	  	 	*****	  	  	 	*****	  	 			
				
	Final O&M Cost Responsibility	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 4 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: 4th 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual 
O&M
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	Adjustment ($/nt)	  				  	 	Act vs Fcst Factor	  	 	 	Cap Factor	  
	 Actual vs Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	Adjustment ($/month)	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  	 	*****	  	 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	O&M Cost Summary	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	O&M Adjustment Shares	  				  				 			
	 Invoiced O&M Costs
	  	 	*****	  	  				 			
	 Actual O&M Costs
	  	 	*****	  	  				 			
	 Actual vs. Original Invoice Difference
	  	 	*****	  	  				 			
		  				  	 	Adjustment %	  	 			
	 US Steel Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Gateway Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Total Adjustment
	  	 	*****	  	  	 	*****	  	 			
				
	Final O&M Cost Responsibility	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 5 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: Full Year 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual
O&M
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	 Adjustment ($/nt)
	  				  	 	Act vs Fcst Factor	  	 	 	Cap Factor	  
	 Actual vs Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	 Adjustment ($/month)
	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  	 	*****	  	 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Cost Summary
	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Adjustment Shares
	  				  				 			
	 Invoiced O&M Costs
	  	 	*****	  	  				 			
	 Actual O&M Costs
	  	 	*****	  	  				 			
	 Actual vs. Original Invoice Difference
	  	 	*****	  	  				 			
				
		  				  	 	Adjustment %	  	 			
	 US Steel Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Gateway Adjustment – (Cost)/Credit
	  	 	*****	  	  	 	*****	  	 			
	 Total Adjustment
	  	 	*****	  	  	 	*****	  	 			
				
	 Final O&M Cost Responsibility
	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 6 

 USS Granite City 

Initial Operating Period O&M 
  

																					
	 	  	Applicable Contract
Calendar:	 	 	2007 BASE	 	  	 	 	  	Initial Operating
Period 2008	 	  	 	 
	 	  	Applicable Index:	 	 	January 2007	 	  	September 2007	 	  	March 2009	 	  	September 2009	 
	 	  	Weighting	 	 	Index Level	 	  	Index Level	 	  	Index Level	 	  	Price Level	 
	 Index Name
	  	 	 	 	 	 	  	 	 	  	 	 	  	 	 
	 Employment Cost Index
	  	 	*****	% 	 	 	*****	  	  	 	*****	  	  	 	*****	  	  			
	 Producer Price Index
	  	 	*****	% 	 	 	*****	  	  	 	*****	  	  	 	*****	  	  			
	 ***** Price of Electricity in $/MWh
	  	 	*****	% 	 	 	*****	  	  				  				  	 	*****	  
		  	 
 	Cumulative Index
Percentage	  
  	 				  				  	 	*****	  	  			

  

									
	 	  	2007	 	  	Initial Operating
Period 2009	 
	 Initial Operating Period O&M
	  	 	*****	  	  	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 7 

 USS Granite City 

Sample O&M Component Limit Calculator 
  

																									
	 	  	 Applicable
 Contract
 Calendar:
	 	 	2007 BASE	 	  	 	 	  	Full Production	 
	 	  	Applicable Index:	 	 	January 2007	 	  	June 2007	 	  	June 2009	 	  	June 2010	 	  	June 2011	 
	 	  	Weighting	 	 	Index Level	 	  	Index Level	 	  	Index Level	 	  	Index Level	 	  	Index Level	 
	 Index Name
	  	 	 	 	 	 	  	 	 	  	 	 	  	 	 	  	 	 
	 Employment Cost Index
	  	 	*****	% 	 	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Producer Price Index
	  	 	*****	% 	 	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 ***** Price of Electricity in $/MWh
	  	 	*****	% 	 	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 
	  	 
 	Cumulative Index
Percentage	  
  	 				  				  	 	*****	  	  	 	*****	  	  	 	*****	  

  

																	
	 	  	 Applicable
Forecast Cap
Year:
	  	 	  	Full Production	 
	 	  	  	 	  	2010	 	  	2011	 	  	2012	 
	*****	  	  	2007	  	Contract Yr 1	 	  	Contract Yr 2	 	  	Contract Yr 3	 
	 Total O&M Cap/ton (exclude general insurance) in 2006
	  		  	*****	  	 	*****	  	  	 	*****	  	  	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 8 

																																															
	2013	 	 	2014	 	 	2015	 	 	2016	 	 	2017	 	 	2018	 	 	2019	 	 	2020	 	 	2021	 	 	2022	 	 	2023	 	 	2024	 
	Contract Yr 4	 	 	Contract Yr 5	 	 	Contract Yr 6	 	 	Contract Yr 7	 	 	Contract Yr 8	 	 	Contract Yr 9	 	 	Contract Yr 10	 	 	Contract Yr 11	 	 	Contract Yr 12	 	 	Contract Yr 13	 	 	Contract Yr 14	 	 	Contract Yr 15	 
	June 2012	 	 	June 2013	 	 	June 2014	 	 	June 2015	 	 	June 2016	 	 	June 2017	 	 	June 2018	 	 	June 2019	 	 	June 2020	 	 	June 2021	 	 	June 2022	 	 	June 2023	 
	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 
	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
												
	2013	 	 	2014	 	 	2015	 	 	2016	 	 	2017	 	 	2018	 	 	2019	 	 	2020	 	 	2021	 	 	2022	 	 	2023	 	 	2024	 
	Contract Yr 4	 	 	Contract Yr 5	 	 	Contract Yr 6	 	 	Contract Yr 7	 	 	Contract Yr 8	 	 	Contract Yr 9	 	 	Contract Yr 10	 	 	Contract Yr 11	 	 	Contract Yr 12	 	 	Contract Yr 13	 	 	Contract Yr 14	 	 	Contract Yr 15	 
	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 9 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Annual Summary 
  

																	
	 	 	Year 2010	 	Year 2010
	 	 	1st QTR	 	2nd QTR	 	3rd QTR	 	4th QTR	 	Qtrly Total	 	Annual	 	Q1-Q3 Total	 	Settle Up
	 Production
	 		 		 		 		 		 		 		 	
	 Forecast
	 	=‘1st QTR’!D10	 	=‘2nd QTR’!D10	 	=‘3rd QTR’!D10	 	=‘4th QTR’!D10	 	=SUM(B14:E14)	 	=IF(E$15=“”,“”,‘Full

Year’!D10)
	 		 	
	 Actual
	 	=‘1st QTR’!E10	 	=‘2nd QTR’!E10	 	=‘3rd QTR’!E10	 	=‘4th QTR’!E10	 	=SUM(B15:E15)	 	=IF(E$15=“”,“”,‘Full

Year’!E10)
	 		 	
									
	 O&M Cost per NT
	 		 		 		 		 		 		 		 	
	 Forecast O&M
	 	=IF(B$15=0,“”,‘1st
QTR’!$D14)	 	=IF(C$15=0,“”,‘2nd
QTR’!$D14)	 	=IF(D15=0,“”,‘3rd
QTR’!$D14)	 	=IF(E15=0,“”,‘4th
QTR’!$D14)	 		 	=IF(E$15=“”,“”,‘Full
Year’!D14)	 		 	
	 Actual O&M
	 	=IF(B$15=0,“”,‘1st
QTR’!$E14)	 	=IF(C$15=0,“”,‘2nd
QTR’!$E14)	 	=IF(D15=0,“”,‘3rd
QTR’!$E14)	 	=IF(E15=0,“”,‘4th
QTR’!$E14)	 		 	=IF(E$15=“”,“”,‘Full
Year’!E14)	 		 	
	 Cap
	 	=IF(B$15=0,“”,‘1st
QTR’!$F14)	 	=IF(C$15=0,“”,‘2nd
QTR’!$F14)	 	=IF(D15=0,“”,‘3rd
QTR’!$F14)	 	=IF(E15=0,“”,‘4th
QTR’!$F14)	 		 	=IF(E$15=“”,“”,‘Full
Year’!F14)	 		 	
									
	 O&M Costs
	 		 		 		 		 		 		 		 	
	 Invoiced
	 	=IF(B$15=0,“”,B15*
B18)	 	=IF(C$15=0,“”,C15*C
18)	 	=IF(D$15=0,“”,D15*D18)	 	=IF(E$15=0,“”,E15*E18)	 	=SUM(B23:E23)	 	=IF(E$15=“”,“”,H15*H18)	 	=IF(E23=“”,“”,
 SUM(B23:D23))
	 	
	 Actual
	 	=IF(B$15=0,“”,B15*
B19)	 	=IF(C$15=0,“”,C15*C19)	 	=IF(D$15=0,“”,D15*D19)	 	=IF(E$15=0,“”,E15*E19)	 	=SUM(B24:E24)	 	=IF(E$15=“”,“”,H15*H19)	 	=IF(E24=“”,“”,
 SUM(B24:D24))
	 	
		 	=IF(B$15=0,“”,B23-B24)	 	=IF(C$15=0,“”,C23-C24)	 	=IF(D$15=0,“”,D23-D24)	 	=IF(E$15=0,“”,E23-E24)	 	=F23-F24	 	=IF(E$15=“”,“”,H23-H24)	 	=IF(E25=“”,“”,
 SUM(B25:D25))
	 	
									
	 Quarterly Adjustments
	 		 		 		 		 		 		 		 	
	 USS
	 	=IF(B$15=0,“”,‘1st
QTR’!$D38)	 	=IF(C$15=0,“”,‘2nd
QTR’!$D38)	 	=IF(D$15=0,“”,‘3rd
QTR’!$D38)	 	=IF(E$15=0,“”,‘4th
QTR’!$D38)	 	=SUM(B28:E28)	 	=IF(E$15=“”,“”,‘Full
Year’!D38)	 	=IF(E28=“”,“”,
 SUM(B28:D28))
	 	=IF(H28=“”,“”,
 H28-I28)

	 Gateway
	 	=IF(B$15=0,“”,‘1st
QTR’!$D39)	 	=IF(C$15=0,“”,‘2nd
QTR’!$D39)	 	=IF(D$15=0,“”,‘3rd
QTR’!$D39)	 	=IF(E$15=0,“”,‘4th
QTR’!$D39)	 	=SUM(B29:E29)	 	=IF(E$15=“”,“”,‘Full
Year’!D39)	 	=IF(E29=“”,“”,
 SUM(B29:D29))
	 	=IF(H29=“”,“”,
 H29-I29)

		 	=IF(B$15=0,“”,B28+B29)	 	=IF(C$15=0,“”,C28+C29)	 	=IF(D$15=0,“”,D28+D29)	 	=IF(E$15=0,“”,E28+E29)	 	=SUM(B30:E30)	 	=IF(E$15=“”,“”,‘H28+H29)	 	=IF(E30=“”,“”,
 SUM(B30:D30))
	 	=IF(H30=“”,“”,
 H30-I30)

  

	Note:	To the extent a provision in the body or definitions of the off-take agreement differs from this exhibit, the language in the body or definitions of the off-take
agreement shall prevail. 

  

SCHEDULE 3.1(c)(xi) 
 PAGE 10 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: 1st 

 

							
	 	  	O&M
Component
Forecast	  	Actual O&M 
Component
Actual	  	O&M Cap
Cap
	 Coke Production (nt/year)
	  	*****	  	*****	  	
	 *****% of Forecast Volume
	  		  	=IF(E10>=0.9*D10,“n/a”,
  ROUND(0.9*D10,0))	  	
	 Initial O&M Cap
	  		  		  	=‘O&M Component
Limit’!$D$18
	 Cumulative Escalation
	  		  		  	=1+(HLOOKUP(B5,
‘O&M
Component
Limit’!$E$3:$T$18,11)) =F12*F13

	 O&M Costs ($/nt)
	  	=D15/D10	  	=IF(E11=“n/a”,E15/E10,E15/E11)	  	
	 Annual Amount
	  	*****	  	*****	  	=ROUND(F14*E10,0)
				
	Adjustment ($/nt)	  		  	Actual vs. Forecast Factor	  	Cap Factor
	 Actual vs. Forecast
	  		  	=IF(AND

($E$14<$D$14,$E$14=$F$14),
 “n/a”,IF($E$14=$D$14,
“n/a”,IF(AND($F$14<$D$14,$F$14<$E$14),
 “n/a”,IF($F$14<$E$14,“n/a”,IF($D14-
$F14>0,$F14-$E14,$D$14-$E$14)))))
	  	=IF(E14>F14,D14-F14,IF

(D14>F14,D14-F14,“n/a”))

	 *****
	  		  	=IF(E18=“n/a”,“n/a”,IF(E18<0,0,1))	  	
	 Net (Cost)/Credit
	  		  	=IF(E18=“n/a”,“n/a”,E18-E19)	  	
				
	Adjustment ($/month)	  		  		  	
	 Net (Cost)/Credit
	  		  	=IF(E$18=“n/a”,
“n/a”,IF(AND(E20<0,E18>0),
“n/a”,E$20*E10))	  	=IF(F18=“n/a”,“n/a”,F18*E10)
	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	  	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  		  	=IF(E$18=“n/a”,
“n/a”,IF(AND(E20<0,E18>0),“n/a”, ROUND(E24*E23,2)))
	  	=IF(F24=“”,“n/a”,

ROUND(F24*F23,2))

				
	O&M Cost Summary	  		  	Costs	  	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		  	
	 Actual vs. Forecast Factor
	  	less	  	=IF(E25=“n/a”,0,IF(F25=“n/a”,E25,
 IF(AND(E18>0,F18>0),E25,0)))
	  	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,F25)	  	=E30/$E$10
	 Final USS Costs
	  		  	=E28-E29-E30	  	=E31/$E$10
				
	O&M Adjustment Shares	  		  		  	
	 Invoiced O&M Costs =
	  		  	=E28	  	
	 Actual O&M Costs =
	  		  	=E15	  	
	 Actual vs. Original Invoice Difference =
	  		  	=D34-D35	  	Adjustment %
	 US Steel Adjustment – (Cost)/Credit =
	  		  	=ROUND(+E29+E30,2)	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit =
	  		  	=D40-D38	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment =
	  		  	=D36	  	=E38+E39
	Final O&M Cost Responsibility	  	Costs	  	Share %	  	$/nt coke
	 US Steel Costs Paid =
	  	=E31	  	=D44/$D$46	  	=D44/$E$10
	 Gateway Costs =
	  	=D46-D44	  	=D45/$D$46	  	=D45/$E$10
	 Actual O&M Costs =
	  	=E15	  	=D46/$D$46	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 11 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: 2nd 

 

							
	 	  	O&M
Component
Forecast	  	Actual O&M Component
Actual	 	O&M Cap
Cap
	 Coke Production (nt/year)
	  	*****	  	*****	 	
	 *****% of Forecast Volume
	  		  	=IF(E10>=0.9*D10,“n/a”,

ROUND(0.9*D10,0))
	 	
	 Initial O&M Cap
	  		  		 	=‘O&M Component

Limit’!$D$18

	 Cumulative Escalation
	  		  		 	=1+(HLOOKUP
 (B5,‘O&M
Component
Limit’!$E$3:$T$18,11))

	 O&M Costs ($/nt)
	  	=D15/D10	  	=IF(E11=“n/a”,E15/E10,

E15/E11)
	 	=F12*F13
	 Annual Amount
	  	*****	  	*****	 	=ROUND(F14*E10,0)
				
	Adjustment ($/nt)	  		  	Actual vs. Forecast Factor	 	Cap Factor
	 Actual vs. Forecast
	  		  	=IF(AND($E$14<$D$14,

$E$14=$F$14),“n/a”,
 IF($E$14=$D$14,“n/a”,
 IF(AND($F$14<$D$14,

$F$14<$E$14),“n/a”,
 IF($F$14<$ E$14,“n/a”,
 IF($D14-$F14>0,

$F14-$E14,$D$14-$E$14)))))
	 	=IF(E14>F14,D14-
F14,IF(D14>F14,D14-
F14,“n/a”))
	 *****
	  		  	=IF(E18=“n/a”,“n/a”,IF(E18<0,0,1))	 	
	 Net (Cost)/Credit
	  		  	=IF(E18=“n/a”,“n/a”,E18-E19)	 	
				
	Adjustment ($/month)	  		  		 	
	 Net (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,

IF(AND(E20<0,E18>0),
 “n/a”,E$20*E10))
	 	=IF(F18=“n/a”,“n/a”,
 F18*E10)

	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	 	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,

IF(AND(E20<0,

E18>0),“n/a”,
 ROUND(E24*E23,2)))
	 	=IF(F24=“”,”n/a”,

ROUND(F24*F23,2))

				
	O&M Cost Summary	  		  	Costs	 	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	 	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		 	
	 Actual vs. Forecast Factor
	  	less	  	=IF(E25=“n/a”,0,

IF(F25=“n/a”,
 E25,IF(AND(E18>0,F18>0),E25,0)))
	 	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,F25)	 	=E30/$E$10
	 Final USS Costs
	  		  	=E28-E29-E30	 	=E31/$E$10
				
	O&M Adjustment Shares	  		  		 	
	 Invoiced O&M Costs =
	  		  	=E28	 	
	 Actual O&M Costs =
	  		  	=E15	 	
	 Actual vs. Original Invoice Difference =
	  		  	=D34-D35	 	Adjustment %
	 US Steel Adjustment – (Cost)/Credit =
	  		  	=ROUND(+E29+E30,2)	 	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit =
	  		  	=D40-D38	 	=IF(D40=0,0,D39/D40)
	 Total Adjustment =
	  		  	=D36	 	=E38+E39
				
	Final O&M Cost Responsibility	  	Costs	  	Share %	 	$/nt coke
	 US Steel Costs Paid =
	  	=E31	  	=D44/$D$46	 	=D44/$E$10
	 Gateway Costs =
	  	=D46-D44	  	=D45/$D$46	 	=D45/$E$10
	 Actual O&M Costs =
	  	=E15	  	=D46/$D$46	 	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 12 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: 3rd 

 

							
	 	  	O&M
Component
Forecast	  	Actual O&M Component
Actual	  	O&M Cap
Cap
	 Coke Production (nt/year)
	  	*****	  	*****	  	
	 *****% of Forecast Volume
	  		  	=IF(E10>=0.9*D10,“n/
a”,ROUND(0.9*D10,0))	  	
	 Initial O&M Cap
	  		  		  	=‘O&M Component
Limit’!$D$18
	 Cumulative Escalation
	  		  		  	=1+(HLOOKUP(B5,‘O&M
Component
Limit’!$E$3:$T$18,11))
	 O&M Costs ($/nt)
	  	=D15/D10	  	=IF(E11=“n/a”,E1 5/E10,E1
5/E11)	  	=F12*F13
	 Annual Amount
	  	*****	  	*****	  	=ROUND(F14*E10,0)
				
	Adjustment ($/nt)	  		  	Actual vs. Forecast Factor	  	Cap Factor
	 Actual vs. Forecast
	  		  	=IF(AND($E$14<$D$14,$E
$14=$F$14),“n/a”
,
IF($E$14=$D$14,“n/
a”,IF(AND($F$14<$D$14,
$F$14<$E$14),“n/
a”,IF($F$14<$E$14,
“n/a”,IF($D14-
$F14>0,$F14-$E14,$D$14-
$E$14)))))	  	=IF(E14>F14,D14-
F14,IF(D14>F14,D14-
F14,“n/a”))
	 *****
	  		  	=IF(E18=“n/a”,“n/
a”,IF(E18<0,0,1))	  	
	 Net (Cost)/Credit
	  		  	=IF(E18=“n/a”,“n/a”,E18-
E19)	  	
				
	Adjustment ($/month)	  		  		  	
	 Net (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,IF
(AND(E20<0,E18>0),
“n/a”,E$20*E10))	  	=IF(F18=“n/a”,“n/a”,F18*E10)
	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	  	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,
IF(AND(E20<0,E18>0),
“n/a”,ROUND(E24*E23,2)))	  	=IF(F24=“”,“n/
a”,ROUND(F24*F23,2))
				
	O&M Cost Summary	  		  	Costs	  	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		  	
	 Actual vs. Forecast Factor
	  	less	  	=IF(E25=“n/a”,0,
IF(F25=“n/a”,E25,IF
(AND(E18>0,
F18>0),E25,0)))	  	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,F25)	  	=E30/$E$10
	 Final USS Costs
	  		  	=E28-E29-E30	  	=E31/$E$10
				
		  		  		  	
	O&M Adjustment Shares	  		  		  	
	 Invoiced O&M Costs =
	  		  	=E28	  	
	 Actual O&M Costs =
	  		  	=E15	  	
	 Actual vs. Original Invoice Difference =
	  		  	=D34-D35	  	Adjustment %
	 US Steel Adjustment – (Cost)/Credit =
	  		  	=ROUND(+E29+E30,2)	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit =
	  		  	=D40-D38	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment =
	  		  	=D36	  	=E38+E39
				
	Final O&M Cost Responsibility	  	Costs	  	Share %	  	$/nt coke
	 US Steel Costs Paid =
	  	=E31	  	=D44/$D$46	  	=D44/$E$10
	 Gateway Costs =
	  	=D46-D44	  	=D45/$D$46	  	=D45/$E$10
	 Actual O&M Costs =
	  	=E15	  	=D46/$D$46	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 13 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: 4th 

 

							
	 	  	 O&M
Component

Forecast
	  	 Actual O&M Component

Actual
	  	 O&M Cap

Cap

	 Coke Production (nt/year)
	  	*****	  	*****	  	
	 *****% of Forecast Volume
	  		  	 =IF(E10>=0.9*D10,“n/a”,

ROUND(0.9*D10,0))
	  	
	 Initial O&M Cap
	  		  		  	 =‘O&M Component
 Limit’!$D$18

	 Cumulative Escalation
	  		  		  	 =1+(HLOOKUP(B5,‘O&M
 Component
 Limit’!$E$3:$T$18,11))

	 O&M Costs ($/nt)
	  	=D15/D10    	  	=IF(E11=“n/a”,E15/E10,E15/E11)	  	=F12*F13
	 Annual Amount
	  	*****	  	*****	  	=ROUND(F14*E10,0)
				
	Adjustment ($/nt)	  		  	Actual vs. Forecast Factor	  	Cap Factor
	 Actual vs. Forecast
	  		  	 =IF(AND($E$14<$D$14,
 $E$14=$F$14),“n/a”,
 IF($E$14=$D$14,“n/a”,

IF(AND($F$14<$D$14,
 $F$14<$E$14),“n/a”,
 IF($F$14<$E$14,

“n/a”,IF($D14-
 $F14>0,$F14-$E14,$D$14-
 $E$14)))))
	  	 =IF(E14>F14,D14-
 F14,IF(D14>F14,D14-
 F14,“n/a”))

	 *****
	  		  	=IF(E18=“n/a”,“n/a”,IF(E18<0,0,1))	  	
	 Net (Cost)/Credit
	  		  	=IF(E18=“n/a”,“n/a”,E18-E19)	  	
				
	Adjustment ($/month)	  		  		  	
	 Net (Cost)/Credit
	  		  	 =IF(E$18=“n/a”,“n/a”,

IF(AND(E20<0,E18>0),“n/a”,
 E$20*E10))
	  	=IF(F18=“n/a”,“n/a”,F18*E10)
	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	  	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  		  	 =IF(E$18=“n/a”,“n/a”,

IF(AND(E20<0,E18>0),“n/a”,
 ROUND(E24*E23,2)))
	  	 =IF(F24=“”,“n/a”,

ROUND(F24*F23,2))

				
	O&M Cost Summary	  		  	Costs	  	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		  	
	 Actual vs. Forecast Factor
	  	less	  	 =IF(E25=“n/a”,0,IF(F25=“n/a”,

E25,IF(AND(E18>0,F18>0),
 E25,0)))
	  	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,F25)	  	=E30/$E$10
	 Final USS Costs
	  		  	=E28-E29-E30	  	=E31/$E$10
		  		  		  	
				
	O&M Adjustment Shares	  		  		  	
	 Invoiced O&M Costs =
	  		  	=E28	  	
	 Actual O&M Costs =
	  		  	=E15	  	
	 Actual vs. Original Invoice Difference =
	  		  	=D34-D35	  	Adjustment %
	 US Steel Adjustment –(Cost)/Credit =
	  		  	=ROUND(+E29+E30,2)	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment –(Cost)/Credit =
	  		  	=D40-D38	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment =
	  		  	=D36	  	=E38+E39
				
	Final O&M Cost Responsibility	  	Costs	  	Share %	  	$/nt coke
	 US Steel Costs Paid =
	  	=E31	  	=D44/$D$46	  	=D44/$E$10
	 Gateway Costs =
	  	=D46-D44	  	=D45/$D$46	  	=D45/$E$10
	 Actual O&M Costs =
	  	=E15	  	=D46/$D$46	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 14 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: Full Year 

 

							
	 	  	 O&M Component

Forecast
	  	 Actual O&M Component

Actual
	  	 O&M Cap

Cap

	 Coke Production (nt/year)
	  	 =1stQTR’!D10+2ndQTR’!
 D10+3rdQTR’!D10+’4thQTR’!
 D10
	  	 =1stQTR’!E10+2ndQTR’!
 E10+3rdQTR’!E10+’4thQTR’!
 E10
	  	
	 *****% of Forecast Volume
	  		  	 =IF(E10>=0.9*D10,“n/a”,

ROUND(0.9*D10,0))
	  	
	 Initial O&M Cap
	  		  		  	=‘O&M Component Limit’!$D$18
	 Cumulative Escalation
	  		  		  	=1+(HLOOKUP(B5,‘O&M Component Limit’!$E$3:$T$18,11))
	 O&M Costs ($/nt)
	  	=D15/D10	  	 =IF(E11=“n/a”,E15/E10,
 E15/E11)
	  	=F12*F13
	 Annual Amount
	  	=1stQTR’!D15+’2ndQTR’! D15+’3rdQTR’! D15+’4thQTR’!D15	  	 =1stQTR’!E15+’2ndQTR’! E15+’3rdQTR’! E15+’4thQTR’

!E15
	  	=ROUND(F14*E10,0)
	 Adjustment ($/nt)
	  		  	Actual vs. Forecast Factor	  	Cap Factor
	 Actual vs. Forecast
	  		  	 =IF(AND($E$14<$D$14,
 $E$14=$F$14),“n/a”,IF
 ($E$14=$D$14,“n/a”,

IF(AND($F$14<$D$14,
 $F$14<$E$14),
 “n/a”,IF($F$14<$E$14,

“n/a”,IF($D14-
 $F14>0,$F14-$E14,
 $D$14-$E$14)))))
	  	=IF(E14>F14,D14-F14,IF(D14>F14,D14-F14,”n/a”))
	 *****
	  		  	 =IF(E18=“n/a”,“n/a”,

IF(E18<0,0,1))
	  	
	 Net (Cost)/Credit
	  		  	 =IF(E18=“n/a”,“n/a”,

E18-E19)
	  	
	 Adjustment ($/month)
	  		  		  	
	 Net (Cost)/Credit
	  		  	 =IF(E$18=“n/a”,
 “n/a”,IF(AND(E20<0,E18>0),

“n/a”,E$20*E10))
	  	 =IF(F18=“n/a”,
 “n/a”,F18*E10)

	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	  	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  		  	 =IF(E$18=“n/a”,
 “n/a”,IF(AND(E20<0,E18>0),

“n/a”,ROUND(E24*E23,2)))
	  	 =IF(F24=“”,
 “n/a”,
 ROUND(F24*F23,2))

	 O&M Cost Summary
	  		  	Costs	  	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		  	
	 Actual vs. Forecast Factor
	  	less	  	 =IF(E25=“n/a”,0,
 IF(F25=“n/a”,E25,
 IF(AND(E18>0,F18>0),

E25,0)))
	  	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,F25)	  	=E30/$E$10
	 Final USS Costs
	  		  	=E28-E29-E30	  	=E31/$E$10
	 O&M Adjustment Shares
	  		  		  	
	 Invoiced O&M Costs =
	  		  	=E28	  	
	 Actual O&M Costs =
	  		  	=E15	  	
	 Actual vs. Original Invoice Difference =
	  		  	=D34-D35	  	Adjustment %
	 US Steel Adjustment – (Cost)/Credit =
	  		  	=ROUND(+E29+E30,2)	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit =
	  		  	=D40-D38	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment =
	  		  	=D36	  	=E38+E39
	 Final O&M Cost Responsibility
	  	Costs	  	Share %	  	$/nt coke
	 US Steel Costs Paid =
	  	=E31	  	=D44/$D$46	  	=D44/$E$10
	 Gateway Costs =
	  	=D46-D44	  	=D45/$D$46	  	=D45/$E$10
	 Actual O&M Costs =
	  	=E15	  	=D46/$D$46	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 15 

 USS Granite City 

Initial Operating Period O&M 
  

											
	 	  	Applicable Contract
Calendar Year:	  	2007 BASE	  	 	  	Initial Operating
Period 2008	  	 
	 	  	Applicable Index:	  	January 2007	  	September 2007	  	March 2009	  	September 2009
	 	  	Weighting	  	Index Level	  	Index Level	  	Index Level	  	Price Level
	 Index Name
	  	 	  	 	  	 	  	 	  	 
	 Employment Cost Index
	  	*****	  	*****	  	*****	  	*****	  	
	 Producer Price Index
	  	*****	  	*****	  	*****	  	*****	  	
	 *****Price of Electricity in $/MWh
	  	*****	  	*****	  		  		  	*****
		  	Cumulative Index
Percentage	  		  		  	=((E8/$C$8)*(E8/D8)
 -

1)*$B$8+((E9/$C$9)*
 (E9/D9)-
1)*$B$9+((F10/$C$10)*
(E10/D10)-
1)*$B$10
	  	

  

							
	 	  	2007	  	Initial Operating
Period 2009	 
			
	 Initial Operating Period O&M
	  	*****	  	 	=C15*(1+E11)	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 16 

 USS Granite City 

Sample O&M Component Limit Calculator 
  

													
	 	  	 Applicable
 Contract
Calendar Year:
 Applicable Index:

Weighting
	  	2007 BASE	  	 	  	Full Production
	 	  	  	January 2007	  	June 2007	  	June 2009	  	 June 2010
	  	 June 2011

	 Index Name
	  	  	Index Level	  	Index Level	  	Index Level	  	 Index Level
	  	 Index Level

	 Employment Cost Index
	  	*****	  	*****	  	=D8+3	  	=E8+3	  	 =F8+3
	  	 =G8+3

	 Producer Price Index
	  	*****	  	*****	  	*****	  	*****	  	 *****
	  	 =G9+4

	 *****Price of Electricity in $/MWh
	  	*****	  	*****	  	=D10+2	  	=E10+2	  	 =F10+2
	  	 *****

		  	Cumulative Index
Percentage	  	*****	  	=D8+3	  	=E8+3	  	=F8+3	  	 =G8+3

					
	 	  	 	  	 	  	 	  	Full Production
	 	  	 	  	 	  	 	  	2010	  	 2010
	  	 2010

	*****	  	Applicable
Forecast Cap
Year:	  	2007	  	 	  	Contract Yr 1	  	 Contract Yr 2
	  	 Contract Yr 3

	 Total O&M Cap/ton (exclude general insurance) in 2008$(*****)
	  		  	*****	  		  	=$D$18*(1+F13)	  	 =$D$18*(1+G13)
	  	=$D$18*(1+H13)

  

SCHEDULE 3.1(c)(xi) 
 PAGE 17 

																							
	 June 2012
	  	June 2013	  	June 2014	  	June 2015	  	June 2016	  	June 2017	  	June 2018	  	June 2019	  	June 2020	  	June 2021	  	June 2022	  	June 2023
	 Index Level
	  	Index Level	  	Index Level	  	Index Level	  	Index Level	  	Index Level	  	Index Level	  	Index Level	  	Index Level	  	Index Level	  	Index Level	  	Index Level
	 =H8+3
	  	=I8+3	  	*****	  	=K8+3	  	=L8+3	  	*****	  	=N8+3	  	=O8+3	  	=P8+3	  	=Q8+3	  	*****	  	=S8+3
	 *****
	  	*****	  	=J9+4	  	=K9+4	  	=L9+4	  	=M9+4	  	=N9+4	  	*****	  	=P9+4	  	*****	  	=R9+4	  	*****
	 =H10+2
	  	=I10+2	  	=J10+2	  	*****	  	=L10+2	  	=M10+2	  	=N10+2	  	=O10+2	  	*****	  	=Q10+2	  	=R10+2	  	=S10+2
	 =H8+3
	  	=I8+3	  	*****	  	=K8+3	  	=L8+3	  	*****	  	=N8+3	  	=O8+3	  	=P8+3	  	=Q8+3	  	*****	  	=S8+3
												
	 2013
	  	2014	  	2015	  	2016	  	2017	  	2018	  	2019	  	2020	  	2021	  	2022	  	2023	  	2024
	 Contract Yr 4
	  	Contract Yr 5	  	Contract Yr 6	  	Contract Yr 7	  	Contract Yr 8	  	Contract Yr 9	  	Contract Yr 10	  	Contract Yr 11	  	Contract Yr 12	  	Contract Yr 13	  	Contract Yr 14	  	Contract Yr 15
	 =$D$18*(1

+I13)
	  	=$D$18*(1

+J13)
	  	=$D$18*(1

+K13)
	  	=$D$18*(1

+L13)
	  	=$D$18*(1

+M13)
	  	=$D$18*(1

+N13)
	  	=$D$18*(1

+O13)
	  	=$D$18*(1

+P13)
	  	=$D$18*(1

+Q13)
	  	=$D$18*(1

+R13)
	  	=$D$18*(1

+S13)
	  	=$D$18*(1

+T13)

  

SCHEDULE 3.1(c)(xi) 
 PAGE 18 

 Schedule 3.1(c)(xi) 

Gateway Energy & Coke Company 
 O&M Cost Adjustment Calculator 
 Year: 2010 

Quarter: Full Year 
  

													
	 	  	O&M
Component
Forecast	 	  	Actual O&M 
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	 Adjustment ($/nt)
	  				  	 	Actual vs. Forecast Factor	  	 	 	Cap Factor	  
	 Actual vs. Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	 Adjustment ($/month)
	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  	 	*****	  	 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Cost Summary
	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit:
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Adjustment Shares
	  				  				 			
	 Invoiced O&M Costs =
	  				  	 	*****	  	 			
	 Actual O&M Costs =
	  				  	 	*****	  	 			
	 Actual vs. Original Invoice Difference =
	  				  	 	*****	  	 	 	Adjustment %	  
	 US Steel Adjustment – (Cost)/Credit =
	  				  	 	*****	  	 	 	*****	  
	 Gateway Adjustment – (Cost)/Credit =
	  				  	 	*****	  	 	 	*****	  
	 Total Adjustment =
	  				  	 	*****	  	 	 	*****	  
				
	 Final O&M Cost Responsibility
	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid =
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs =
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs =
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

	Note:	To the extent a provision in the body or definitions of the off-take agreement differs from this exhibit, the language in the body or of the definitions off-take
agreement shall prevail. 

  

SCHEDULE 3.1(c)(xi) 
 PAGE 19 

 USS Granite City 

Sample O&M Component Limit Calculator 
  

																									
	 	  	 Applicable
 Contract
Calendar Year:
	 	 	2007 BASE	 	  	 	 	  	Full Production	 
	 	  	Applicable Index:	 	 	January 2007	 	  	June 2007	 	  	June 2009	 	  	June 2010	 	  	June 2011	 
	 Index Name
	  	Weighting	 	 	Index Level	 	  	Index Level	 	  	Index Level	 	  	Index Level	 	  	Index Level	 
	 Employment Cost Index
	  	 	*****	% 	 	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Producer Price Index
	  	 	*****	% 	 	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 ***** Price of Electricity in $/MWh
	  	 	*****	% 	 	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
		  	 
 	Cumulative Index
Percentage	  
  	 				  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 	  	 	 	 	 	 	  	 	 	  	Full Production	 
	 	  	 	 	 	 	 	  	 	 	  	2010	 	  	2011	 	  	2012	 
	*****	  	 Applicable
 Forecast Cap
 Year:
	 	 	2007	 	  	 	 	  	Contract Yr 1	 	  	Contract Yr 2	 	  	Contract Yr 3	 
	 Total O&M Cap/ton (exclude general insurance) in 2006 (3% esc)
	  				 	 	*****	  	  				  	 	*****	  	  	 	*****	  	  	 	*****	  

 Note: The individual examples are linked to this page of the O&M limit and escalator. 

  

SCHEDULE 3.1(c)(xi) 
 PAGE 20 

																																															
	2012	 	  	2013	 	  	2014	 	  	2015	 	  	2016	 	  	2017	 	  	2018	 	  	2019	 	  	2020	 	  	2021	 	  	2022	 	  	2023	 
	Contract
Yr 
4	 	  	Contract
Yr 5	 	  	Contract
Yr 6	 	  	Contract
Yr 7	 	  	Contract
Yr 8	 	  	Contract
Yr 9	 	  	Contract
Yr 10	 	  	Contract
Yr 11	 	  	Contract
Yr 12	 	  	Contract
Yr 13	 	  	Contract
Yr 14	 	  	Contract
Yr 15	 
	 June 2011
	 	  	June 2012	 	  	June 2013	 	  	June 2014	 	  	June 2015	 	  	June 2016	 	  	June 2017	 	  	June 2018	 	  	June 2019	 	  	June 2020	 	  	June 2021	 	  	June 2022	 
	Index
Level	 	  	Index
Level	 	  	Index
Level	 	  	Index
Level	 	  	Index
Level	 	  	Index
Level	 	  	Index
Level	 	  	Index
Level	 	  	Index
Level	 	  	Index
Level	 	  	Index
Level	 	  	Index
Level	 
	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
												
	    2012    	 	  	2013	 	  	2014	 	  	2015	 	  	2016	 	  	2017	 	  	2018	 	  	2019	 	  	2020	 	  	2021	 	  	2022	 	  	2023	 
	Contract
    Yr 4    	 	  	Contract
Yr 5	 	  	Contract
Yr 6	 	  	Contract
Yr 7	 	  	Contract
Yr 8	 	  	Contract
Yr 9	 	  	Contract
Yr 10	 	  	Contract
Yr 11	 	  	Contract
Yr 12	 	  	Contract
Yr 13	 	  	Contract
Yr 14	 	  	Contract
Yr 15	 
	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 21 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual O&M
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	 Adjustment ($/nt)
	  				  	 	Actual vs. Forecast Factor	  	 	 	Cap Factor	  
	 Actual vs. Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	 Adjustment ($/month)
	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  				 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Cost Summary
	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit:
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Adjustment Shares
	  				  				 			
	 Invoiced O&M Costs
	  				  	 	*****	  	 			
	 Actual O&M Costs
	  				  	 	*****	  	 			
	 Actual vs. Original Invoice Difference
	  				  	 	*****	  	 	 	Adjustment %	  
	 US Steel Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Gateway Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Total Adjustment
	  				  	 	*****	  	 	 	*****	  
				
	 Final O&M Cost Responsibility
	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 22 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual 
O&M
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	 Adjustment ($/nt)
	  				  	 	Actual vs. Forecast Factor	  	 	 	Cap Factor	  
	 Actual vs. Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	 Adjustment ($/month)
	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  	 	*****	  	 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Cost Summary
	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit:
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Adjustment Shares
	  				  				 			
	 Invoiced O&M Costs
	  				  	 	*****	  	 			
	 Actual O&M Costs
	  				  	 	*****	  	 			
	 Actual vs. Original Invoice Difference
	  				  	 	*****	  	 	 	Adjustment %	  
	 US Steel Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Gateway Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Total Adjustment
	  				  	 	*****	  	 	 	*****	  
				
	 Final O&M Cost Responsibility
	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 23 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual O&M
Component
Actual	 	  	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	  			
	 *****% of Forecast Volume
	  				  	 	*****	  	  			
	 Initial O&M Cap
	  				  				  	 	*****	  
	 Cumulative Escalation
	  				  				  	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	  	 	*****	  
				
	Adjustment ($/nt)	  				  	 	Actual vs. Forecast Factor	  	  	 	Cap Factor	  
	 Actual vs. Forecast
	  				  	 	*****	  	  	 	*****	  
	 *****
	  				  	 	*****	  	  			
	 Net (Cost)/Credit
	  				  	 	*****	  	  			
				
	Adjustment ($/month)	  				  				  			
	 Net (Cost)/Credit
	  				  	 	*****	  	  	 	*****	  
	 Factor %
	  				  				  	 	*****	  
	 Net USS (Cost)/Credit
	  				  	 	*****	  	  	 	*****	  
				
	O&M Cost Summary	  				  	 	Costs	  	  	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	  	 	*****	  
	 Adjustments – (Cost)/Credit:
	  				  				  			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	  	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	  	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	  	 	*****	  
				
	O&M Adjustment Shares	  				  				  			
	 Invoiced O&M Costs
	  				  	 	*****	  	  			
	 Actual O&M Costs
	  				  	 	*****	  	  			
	 Actual vs. Original Invoice Difference
	  				  	 	*****	  	  	 	Adjustment %	  
	 US Steel Adjustment – (Cost)/Credit
	  				  	 	*****	  	  	 	*****	  
	 Gateway Adjustment – (Cost)/Credit
	  				  	 	*****	  	  	 	*****	  
	 Total Adjustment
	  				  	 	*****	  	  	 	*****	  
				
	Final O&M Cost Responsibility	  	 	Costs	  	  	 	Share %	  	  	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	  	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 24 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual O&M 
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	Adjustment ($/nt)	  				  	 	Actual vs. Forecast Factor	  	 	 	Cap Factor	  
	 Actual vs. Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	Adjustment ($/month)	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  				 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	O&M Cost Summary	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit:
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	O&M Adjustment Shares	  				  				 			
	 Invoiced O&M Costs
	  				  	 	*****	  	 			
	 Actual O&M Costs
	  				  	 	*****	  	 			
	 Actual vs. Original Invoice Difference
	  				  	 	*****	  	 	 	Adjustment %	  
	 US Steel Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Gateway Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Total Adjustment
	  				  	 	*****	  	 	 	*****	  
				
	Final O&M Cost Responsibility	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 25 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual O&M 
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	 Adjustment ($/nt)
	  				  	 	Actual vs. Forecast Factor	  	 	 	Cap Factor	  
	 Actual vs. Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	 Adjustment ($/month)
	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  	 	*****	  	 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Cost Summary
	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit:
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Adjustment Shares
	  				  				 			
	 Invoiced O&M Costs
	  				  	 	*****	  	 			
	 Actual O&M Costs
	  				  	 	*****	  	 			
	 Actual vs. Original Invoice Difference
	  				  	 	*****	  	 	 	Adjustment 	% 
	 US Steel Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Gateway Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Total Adjustment
	  				  	 	*****	  	 	 	*****	  
				
	 Final O&M Cost Responsibility
	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 26 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

													
	 	  	O&M
Component
Forecast	 	  	Actual O&M 
Component
Actual	 	 	O&M Cap
Cap	 
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	 			
	 *****% of Forecast Volume
	  				  	 	*****	  	 			
	 Initial O&M Cap
	  				  				 	 	*****	  
	 Cumulative Escalation
	  				  				 	 	*****	  
	 O&M Costs ($/nt)
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Annual Amount
	  	 	*****	  	  	 	*****	  	 	 	*****	  
				
	 Adjustment ($/nt)
	  				  	 	Actual vs. Forecast Factor	  	 	 	Cap Factor	  
	 Actual vs. Forecast
	  				  	 	*****	  	 	 	*****	  
	 *****
	  				  	 	*****	  	 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 			
				
	 Adjustment ($/month)
	  				  				 			
	 Net (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Factor %
	  				  	 	*****	  	 			
	 Net USS (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Cost Summary
	  				  	 	Costs	  	 	 	$/nt coke	  
	 US Steel Invoiced Amount
	  				  	 	*****	  	 	 	*****	  
	 Adjustments – (Cost)/Credit:
	  				  				 			
	 Actual vs. Forecast Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Cap Factor
	  	 	less	  	  	 	*****	  	 	 	*****	  
	 Final USS Costs
	  				  	 	*****	  	 	 	*****	  
				
	 O&M Adjustment Shares
	  				  				 			
	 Invoiced O&M Costs
	  				  	 	*****	  	 			
	 Actual O&M Costs
	  				  	 	*****	  	 			
	 Actual vs. Original Invoice Difference
	  				  	 	*****	  	 	 	Adjustment 	% 
	 US Steel Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Gateway Adjustment – (Cost)/Credit
	  				  	 	*****	  	 	 	*****	  
	 Total Adjustment
	  				  	 	*****	  	 	 	*****	  
				
	 Final O&M Cost Responsibility
	  	 	Costs	  	  	 	Share %	  	 	 	$/nt coke	  
	 US Steel Costs Paid
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Gateway Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  
	 Actual O&M Costs
	  	 	*****	  	  	 	*****	  	 	 	*****	  

  

SCHEDULE 3.1(c)(xi) 
 PAGE 27 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2010 
 Quarter: Full Year 

 

											
	 	  	O&M
Component
Forecast	 	  	Actual O&M
Component
Actual	 	  	O&M Cap
Cap
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	  	
	 *****% of Forecast Volume
	  				  	 
  
	=IF(E10>=0.9*D10,“n/a”,R

OUND(0.9*D10,0))
	  
   
	  	
	 Initial O&M Cap
	  				  				  	=‘O&M Component
Limit’!$D$18
	 Cumulative Escalation
	  				  				  	=1+(HLOOKUP(B5,‘O&M
Component
Limit’!$E$3:$T$18,11))
	 O&M Costs ($/nt)
	  	 	=D15/D10	  	  	 
  
	=IF(E11=“n/a”,E15/E10,E1

5/E11)
	  
   
	  	=F12*F13
	 Annual Amount
	  	 	*****	  	  	 	*****	  	  	=ROUND(F14*E10,0)
				
	 Adjustment ($/nt)
	  				  	 	Actual vs. Forecast Factor	  	  	Cap Factor
	 Actual vs. Forecast
	  				  	 
  
  
  
  
 
  
  
	=IF(AND($E$14<$D$14,$

E$14=$F$14),“n/a”,IF($E$
 14 =$D$14,“n/a”,IF(AND($
 F$14<$D$14,$F$14<$E$14

),“n/
a”,IF($F$14<$E$14,“n/
 a ”,IF($D14-$F14>0,$F14-
 $E14,$D$14-$E$14)))))
	  
   

  
   

 
  
   

  
	  	=IF(E14>F14,D14-
F14,IF(D14>F14,D14-
F14,“n/a”))
	 *****
	  				  	 
  
	=IF(E18=“n/a”,“n/a”, IF(E1

8<0,0,1))
	  
   
	  	
	 Net (Cost)/Credit
	  				  	 
  
	=IF(E18=“n/a”,“n/a”,E18-

E19)
	  
   
	  	
				
	 Adjustment ($/month)
	  				  				  	
	 Net (Cost)/Credit
	  				  	 
  

 
	=IF(E$18=“n/a”,“n/a”,IF(A
 ND(E20<0,E18>0),“n/a”,E
 $20*E10))
	  
   

  
	  	=IF(F18=“n/a”,“n/a”,F18*E
 10)

	 Factor %
	  				  	 	=IF(E23=“n/a”,“”,50%)	  	  	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  				  	 
  
  
	=IF(E$18=“n/a”,“n/a”,IF(A

ND(E20<0,E18>0),“n/a”,R
 OUND(E24*E23,2)))
	  
   

  
	  	=IF(F24=“”,“n/a”,ROUND(

F24*F23,2))

				
	 O&M Cost Summary
	  				  	 	Costs	  	  	$/nt coke
	 US Steel Invoiced Amount
	  				  	 	=D14*E10	  	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  				  				  	
	 Actual vs. Forecast Factor
	  	 	less	  	  	 
  
  
	=IF(E25=“n/a”,0,IF(F25=“n

/a”, E25,IF(AND(E18>0,F1
 8>0),E25,0)))
	  
   

  
	  	=E29/$E$10
	 Cap Factor
	  	 	less	  	  	 	=IF(F25=“n/a”,0,F25)	  	  	=E30/$E$10
	 Final USS Costs
	  				  	 	=E28-E29-E30	  	  	=E31/$E$10
				
	 O&M Adjustment Shares
	  				  				  	
	 Invoiced O&M Costs
	  				  	 	=E28	  	  	
	 Actual O&M Costs
	  				  	 	=E15	  	  	
	 Actual vs. Original Invoice Difference
	  				  	 	=D34-D35	  	  	Adjustment %
	 US Steel Adjustment – (Cost)/Credit
	  				  	 	=ROUND(+E29+E30,2)	  	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit
	  				  	 	=D40-D38	  	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment
	  				  	 	=D36	  	  	=E38+E39
				
	 Coke Production (nt/year)
	  	 	*****	  	  	 	*****	  	  	
	 Final O&M Cost Responsibility
	  	 	Costs	  	  	 
	Share %
	  
	  	$/nt coke
	 US Steel Costs Paid
	  	 	=E31	  	  	 	=D44/$D$46	  	  	=D44/$E$10
	 Gateway Costs
	  	 	=D46-D44	  	  	 	=D45/$D$46	  	  	=D45/$E$10
	 Actual O&M Costs 
	  	 	=E15	  	  	 	=D46/$D$46	  	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 28 

 USS Granite City 

Sample O&M Component Limit Calculator 
  

																									
	 	 	 Applicable

Contract

Calendar Year:
	 	 	2007 BASE	 	 	 	 	 	Full Production	 
	 	 	Applicable Index:	 	 	January 2007	 	 	June 2007	 	 	June 2009	 	 	June 2010	 	 	June 2011	 
	 	 	Weighting	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 	 	Index Level	 
	 Index Name
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Employment Cost Index
	 	 	*****	  	 	 	*****	  	 	 	=D8+3	  	 	 	=E8+3	  	 	 	=F8+3	  	 	 	=G8+3	  
	 Producer Price Index
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	=G9+4	  
	 *****Price of Electricity in $/MWh
	 	 	*****	  	 	 	*****	  	 	 	=D10+2	  	 	 	=E10+2	  	 	 	=F10+2	  	 	 	*****	  
		 	 
 	Cumulative Index
Percentage	  
  	 	 	*****	  	 	 	=D8+3	  	 	 	=E8+3	  	 	 	=F8+3	  	 	 	=G8+3	  

  

															
	 	  	 Applicable
Forecast Cap
Year:
	  	 	  	Full Production	 
	 	  	  	 	  	2010	 	  	2010	  	2010	 
	*****	  	  	2007	  	Contract Yr 1	 	  	Contract Yr 2	  	Contract Yr 3	 
	 Total O&M Cap/ton (exclude general insurance) in 2008 $ (*****)
	  		  	*****	  	 	=$D$18*(1+F13)	  	  	=$D$18*(1+G13)	  	 	=$D$18*(1+H13)	  

  

	Note:	The individual examples are linked to this page of the O&M limit and escalator. 

  

SCHEDULE 3.1(c)(xi) 
 PAGE 29 

																							
	 June 2012
	  	June 2013	 	June 2014	 	June 2015	 	June 2016	 	June 2017	 	June 2018	 	June 2019	 	June 2020	 	June 2021	 	June 2022	 	June 2023
	 Index

Level
	  	Index
Level	 	Index
Level	 	Index
Level	 	Index
Level	 	Index
Level	 	Index
Level	 	Index
Level	 	Index
Level	 	Index
Level	 	Index
Level	 	Index
Level
	=H8+3	  	=I8+3	 	*****	 	=K8+3	 	=L8+3	 	*****	 	=N8+3	 	=O8+3	 	=P8+3	 	=Q8+3	 	*****	 	=S8+3
	*****	  	*****	 	=J9+4	 	=K9+4	 	=L9+4	 	=M9+4	 	=N9+4	 	*****	 	=P9+4	 	*****	 	=R9+4	 	*****
	=H10+2	  	=I10+2	 	=J10+2	 	*****	 	=L10+2	 	=M10+2	 	=N10+2	 	=O10+2	 	*****	 	=Q10+2	 	=R10+2	 	=S10+2
	=H8+3	  	=I8+3	 	*****	 	=K8+3	 	=L8+3	 	*****	 	=N8+3	 	=O8+3	 	=P8+3	 	=Q8+3	 	*****	 	=S8+3
	*****	  		 		 		 		 		 		 		 		 		 		 	
												
	     2013    
	  	2014	 	2015	 	2016	 	2017	 	2018	 	2019	 	2020	 	2021	 	2022	 	2023	 	2024
	 Contract

Yr 4
	  	Contract
Yr 5	 	Contract
Yr 6	 	Contract
Yr 7	 	Contract
Yr 8	 	Contract
Yr 9	 	Contract
Yr 10	 	Contract
Yr 11	 	Contract
Yr 12	 	Contract
Yr 13	 	Contract
Yr 14	 	Contract
Yr 15
	 =$D$18*

(1+I13)
	  	=$D$18*
 (1+J13)
	 	=$D$18*
 (1+K13)
	 	=$D$18*
 (1+L13)
	 	=$D$18*
 (1+M13)
	 	=$D$18*
 (1+N13)
	 	=$D$18*
 (1+O13)
	 	=$D$18*
 (1+P13)
	 	=$D$18*
 (1+Q13)
	 	=$D$18*
 (1+R13)
	 	=$D$18*
 (1+S13)
	 	=$D$18*
 (1 +T13)

  

SCHEDULE 3.1(c)(xi) 
 PAGE 30 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

							
	 	  	O&M
Component
Forecast	  	Actual O&M Component
Actual	  	O&M Cap
Cap
	 Coke Production (nt/year)
	  	*****	  	*****	  	
	 *****% of Forecast Volume
	  		  	=IF(E10>=0.9*D10,“n/a”,
ROUND(0.9*D10,0))	  	
	 Initial O&M Cap
	  		  		  	=‘O&M Component
Limit’!$D$18
	 Cumulative Escalation
	  		  		  	=1+(HLOOKUP(B5,‘O&M
Component
Limit’!$E$3:$T$18,11))
	 O&M Costs ($/nt)
	  	=D15/D10	  	=IF(E11=“n/a”,
E15/E10,E15/E11)	  	=F12*F13
	 Annual Amount
	  	*****	  	*****	  	=ROUND(F14*E10,0)
				
	Adjustment ($/nt)	  		  	Actual vs. Forecast Factor	  	Cap Factor
	 Actual vs. Forecast
	  		  	=IF(AND($E$14<$D$14,
$E$14=$F$14),“n/a”,
IF($E$14=$D$14,“n/a”,
IF(AND($F$14<$D$14,
$F$14<$E$14),“n/a”,
IF($F$14<$E$14,“n/a”,

IF($D14-$F14>0,$F14-
$E14,$D$14-$E$14)))))	  	=IF(E14>F14,D14-F14,
IF(D14>F14,D14-F14,“
n/a”))
	 *****
	  		  	=IF(E18=“n/a”,“n/a”,
IF(E18<0,0,1))	  	
	 Net (Cost)/Credit
	  		  	=IF(E18=“n/a”,“n/a”,
E18-E19)	  	
	 Adjustment ($/month)
	  		  		  	
	 Net (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,
IF(AND(E20<0,E18>0),
 “n/a” ,E$20*E10))
	  	=IF(F18=“n/a”,
“n/a”,F18*E10)
	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	  	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,
IF(AND(E20<0,E18>0),
 “n/a”,ROUND(E24*E23,2)))
	  	=IF(F24=“”,”n/a”,
ROUND(F24*F23,2))
				
	O&M Cost Summary	  		  	Costs	  	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		  	
	 Actual vs. Forecast Factor
	  	less	  	=IF(E25=“n/a”,0,IF(F25=“n/a”,
E25,IF(AND(E18>0,
F18>0),E25,0)))	  	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,F25)	  	=E30/$E$10
	 Final USS Costs
	  		  	=E28-E29-E30	  	=E31/$E$10
				
	O&M Adjustment Shares	  		  		  	
	 Invoiced O&M Costs
	  		  	=E28	  	
	 Actual O&M Costs
	  		  	=E15	  	
	 Actual vs. Original Invoice Difference
	  		  	=D34-D35	  	Adjustment %
	 US Steel Adjustment – (Cost)/Credit
	  		  	=ROUND(+E29+E30,2)	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit
	  		  	=D40-D38	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment
	  		  	=D36	  	=E38+E39
				
	 Final O&M Cost Responsibility
	  	Costs	  	Share %	  	$/nt coke
	 US Steel Costs Paid
	  	=E31	  	=D44/$D$46	  	=D44/$E$10
	 Gateway Costs
	  	=D46-D44	  	=D45/$D$46	  	=D45/$E$10
	 Actual O&M Costs
	  	=E15	  	=D46/$D$46	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 31 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

							
	 	  	O&M
Component
Forecast	  	Actual O&M 
Component
Actual	  	O&M Cap
Cap
	 Coke Production (nt/year)
	  	*****	  	*****	  	
	 *****% of Forecast Volume
	  		  	=IF(E10>=0.9*D10,“n/a”,
ROUND(0.9*D10,0))	  	
	 Initial O&M Cap
	  		  		  	=‘O&M
Component
Limit’!$D$18
	 Cumulative Escalation
	  		  		  	=1+(HLOOKUP(B5,‘O&M
Component
Limit’!$E$3:$T$18,11))
	 O&M Costs ($/nt)
	  	=D15/D10	  	=IF(E11=“n/a”,

E15/E10,E15/E11)
	  	=F12*F13
	 Annual Amount
	  	*****	  	*****	  	=ROUND(F14*E10,0)
				
	Adjustment ($/nt)	  		  	Actual vs. Forecast Factor	  	Cap Factor
	 Actual vs. Forecast
	  		  	=IF(AND($E$14<$D$14,
$E$14=$F$14),“
n/a”,IF($E$14=$D$14,“
n/a”,IF(AND($F$14<$D$14,
$F$14<$E$14),“n/a”,
IF($F$14<$E$14,“n/a”,
 IF($D14-$F14>0,$F14-
$E14,$D$14-$E$14)))))
	  	 =IF(E14>F14,D14-F14,
 IF(D14>F14,
D14-F14,“n/a”))

	 *****
	  		  	=IF(E18=“n/a”,“
n/a”,IF(E18<0,0,1))	  	
	 Net (Cost)/Credit
	  		  	=IF(E18=“n/a”,
“n/a”,E18-E19)	  	
				
	Adjustment ($/month)	  		  		  	
	 Net (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“

n/a”,IF(AND(E20<0,
 E18>0),“n/a”,
 E$20*E10))
	  	=IF(F18=“n/
a”,“n/
a”,F18*E10)
	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	  	=IF(F23=“n/
a”,“”,50%)
	 Net USS (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“

n/a”,IF(AND(E20<0,
 E18>0),“n/a”,
 ROUND(E24*E23,2)))
	  	=IF(F24=“”,“n/
a”,ROUND(F24*F23,2))
				
	O&M Cost Summary	  		  	Costs	  	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		  	
	 Actual vs. Forecast Factor
	  	less	  	=IF(E25=“n/a”,0,

IF(F25=“n/a”,
 E25,IF(AND(E18>0,
 F18>0),E25,0)))
	  	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,

F25)
	  	=E30/$E$10
	 Final USS Costs
	  		  	=E28-E29-E30	  	=E31/$E$10
				
	O&M Adjustment Shares	  		  		  	
	 Invoiced O&M Costs
	  		  	=E28	  	
	 Actual O&M Costs
	  		  	=E15	  	
	 Actual vs. Original Invoice Difference
	  		  	=D34-D35	  	Adjustment %
	 US Steel Adjustment – (Cost)/Credit
	  		  	=ROUND(+E29+E30,2)	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit
	  		  	=D40-D38	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment
	  		  	=D36	  	=E38+E39
				
	Final O&M Cost Responsibility	  	Costs	  	Share %	  	$/nt coke
	 US Steel Costs Paid
	  	=E31	  	=D44/$D$46	  	=D44/$E$10
	 Gateway Costs
	  	=D46-D44	  	=D45/$D$46	  	=D45/$E$10
	 Actual O&M Costs
	  	=E15	  	=D46/$D$46	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 32 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

							
	 	  	O&M
Component
Forecast	  	Actual O&M 
Component
Actual	  	O&M Cap
Cap
	 Coke Production (nt/year)
	  	*****	  	*****	  	
	 *****% of Forecast Volume
	  		  	=IF(E10>=0.9*D10,“n/a”,

ROUND(0.9*D10,0))
	  	
	 Initial O&M Cap
	  		  		  	=‘O&M Component
Limit’!$D$18
	 Cumulative Escalation
	  		  		  	=1+(HLOOKUP(B5,‘O&M
Component
Limit’!$E$3:$T$18,11))
	 O&M Costs ($/nt)
	  	=D15/D10	  	=IF(E11=“n/a”,
 E15/E10,

E15/E11)
	  	=F12*F13
	 Annual Amount
	  	*****	  	*****	  	=ROUND(F14*E10,0)
				
	Adjustment ($/nt)	  		  	Actual vs. Forecast Factor	  	Cap Factor
	 Actual vs. Forecast
	  		  	=IF(AND($E$14<$D$14,
 $E$14=$F$14),
“n/a”,
 IF($E$14=$D$14,“n/a”,
 IF(AND($F$14<$D$14,
 $F$14<$E$14),“n/a”,

IF($F$14<$E$14,“n/a”,
 IF($D14-$F14>0,
 $F14-$E14,

$D$14-$E$14)))))
	  	=IF(E14>F14,D14-
F14,IF(D14>F14,D14-F14,
“n/a”))
	 *****
	  		  	=IF(E18=“n/a”,“n/a”,

IF(E18<0,0,1))
	  	
	 Net (Cost)/Credit
	  		  	=IF(E18=“n/a”,“n/a”,

E18-E19)
	  	
				
	Adjustment ($/month)	  		  		  	
	 Net (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,

IF(AND(E20<0,E18>0),“n/a”,
 E$20*E10))
	  	=IF(F18=“n/a”,“n/a”,F18*E10)
	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	  	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,

IF(AND(E20<0,

E18>0),“n/a”,
 ROUND(E24*E23,2)))
	  	=IF(F24=“”,“n/a”,

ROUND(F24*F23,2))

				
	O&M Cost Summary	  		  	Costs	  	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		  	
	 Actual vs. Forecast Factor
	  	less	  	=IF(E25=“n/a”,0,

IF(F25=“n/a”,
 E25,IF(AND(E18>0,F18>0),
 E25,0)))
	  	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,F25)	  	=E30/$E$10
	 Final USS Costs
	  		  	=E28-E29-E30	  	=E31/$E$10
				
	O&M Adjustment Shares	  		  		  	
	 Invoiced O&M Costs =
	  		  	=E28	  	
	 Actual O&M Costs =
	  		  	=E15	  	
	 Actual vs. Original Invoice Difference =
	  		  	=D34-D35	  	Adjustment %
	 US Steel Adjustment – (Cost)/Credit =
	  		  	=ROUND(+E29+E30,2)	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit =
	  		  	=D40-D38	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment =
	  		  	=D36	  	=E38+E39
				
	Final O&M Cost Responsibility	  	Costs	  	Share %	  	$/nt coke
	 US Steel Costs Paid =
	  	=E31	  	=D44/$D$46	  	=D44/$E$10
	 Gateway Costs =
	  	=D46-D44	  	=D45/$D$46	  	=D45/$E$10
	 Actual O&M Costs =
	  	=E15	  	=D46/$D$46	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 33 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

							
	 	  	O&M
Component
Forecast	  	 Actual O&M Component

Actual
	  	O&M Cap
Cap
	 Coke Production (nt/year)
	  	*****	  	=D10	  	
	 *****% of Forecast Volume
	  		  	 =IF(E10>=0.9*D10, “n/a”,

ROUND(0.9*D10,0))
	  	
	 Initial O&M Cap
	  		  		  	=‘O&M Component
Limit’!$D$18
	 Cumulative Escalation
	  		  		  	=1+(HLOOKUP(B5,
 ‘O&M
Component
Limit’!$E$3:$T$18,11))

	 O&M Costs ($/nt)
	  	=D15/D10	  	 =IF(E11=“n/a”,E15/E10,E1
 5/E11)
	  	=F12*F13
	 Annual Amount
	  	*****	  	*****	  	=ROUND(F14*E10,0)
		  		  		  	
	 Adjustment ($/nt)
	  		  	Actual vs. Forecast Factor	  	Cap Factor
	 Actual vs. Forecast
	  		  	 =IF(AND($E$14<$D$14,
 $ E$14=$F$14),“n/a”,IF($E
 $14=$D$14,“n/a”,IF(AND($F

$ 14<$D$14,$F$14<$E$14 ),
 “n/a”,IF($F$14<$E$14,“n/a”,
IF($D14-$F14>0,
 $F14-$E14
,
 $D$14-$E$14)))))
	  	=IF(E14>F14,
 D14-F14,
IF(D14>F14,
 D14-F14,“n/a”))

	 *****
	  		  	 =IF(E18=“n/a”,“n/a”,IF

(E18<0,0,1))
	  	
	 Net (Cost)/Credit
	  		  	 =IF(E18=“n/a”,“n/a”,

E18-E19)
	  	
		  		  		  	
	 Adjustment ($/month)
	  		  		  	
	 Net (Cost)/Credit
	  		  	 =IF(E$18=“n/a”,“n/a”,

IF(AND(E20<0,E18>0),“n/a”,
 E $20*E10))
	  	=IF(F18=“n/a”,

“n/a”,F18*E10)

	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	  	=IF(F23=“n/a”,

“”,50%)

	 Net USS (Cost)/Credit
	  		  	 =IF(E$18=“n/a”,“n/a”,

IF (AND(E20<0,E18>0),“n/a”,
 ROUND(E24*E23,2)))
	  	=IF(F24=“”,

“n/a”,ROUND
 (F24*F23,2))

				
	 O&M Cost Summary
	  		  	Costs	  	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		  	
	 Actual vs. Forecast Factor
	  	less	  	 =IF(E25=“n/a”,0,IF(F25=
 “n/a”,E25,IF(AND(E18>0,
 F18>0),E25,0)))
	  	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,F25)	  	=E30/$E$10
	 Final USS Costs
	  		  	=E28-E29-E30	  	=E31/$E$10
		  		  		  	
	 O&M Adjustment Shares
	  		  		  	
	 Invoiced O&M Costs
	  		  	=E28	  	
	 Actual O&M Costs
	  		  	=E15	  	
	 Actual vs. Original Invoice Difference
	  		  	=D34-D35	  	Adjustment %
	 US Steel Adjustment – (Cost)/Credit
	  		  	=ROUND(+E29+E30,2)	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit
	  		  	=D40-D38	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment
	  		  	=D36	  	=E38+E39
		  		  		  	
	Final O&M Cost Responsibility	  	Costs	  	Share %	  	$/nt coke
	 US Steel Costs Paid
	  	=E31	  	=D44/$D$46	  	=D44/$E$10
	 Gateway Costs
	  	=D46-D44	  	=D45/$D$46	  	=D45/$E$10
	 Actual O&M Costs
	  	=E15	  	=D46/$D$46	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 34 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

							
	 	  	O&M
Component
Forecast	 	Actual O&M Component
Actual	 	O&M Cap
Cap
	 Coke Production (nt/year)
	  	*****	 	*****	 	
	 *****% of Forecast Volume
	  		 	=IF(E10>=0.9*D10,“n/a”,
ROUND(0.9*D10,0))	 	
	 Initial O&M Cap
	  		 		 	=‘O&M Component
Limit’!$D$18
	 Cumulative Escalation
	  		 		 	=1+(HLOOKUP(B5, ‘O&M
Component
Limit’!$E$3:$T$18,11))
	 O&M Costs ($/nt)
	  	=D15/D10	 	=IF(E11=“n/a”,

E15/E10,E15/E11)
	 	=F12*F13
	 Annual Amount
	  	*****	 	*****	 	=ROUND(F14*E10,0)
				
	Adjustment ($/nt)	  		 	Actual vs. Forecast Factor	 	Cap Factor
	 Actual vs. Forecast
	  		 	=IF(AND($E$14<$D$14,
$E$14=$F$14),“n/a”,
IF($E$14=$D$14,“n/a”,
IF(AND($F$14<$D$14,
$F$14<$E$14),“n/a”,
IF($F$14<$E$14,“n/a”,

IF($D14-$F14>0,$F14-
$E14,$D$14-$E$14)))))	 	=IF(E14>F14,D14-F14,
IF(D14>F14,D14-F14,“n/a”))
	 *****
	  		 	=IF(E18=“n/a”,“n/a”,
IF(E18<0,0,1))	 	
	 Net (Cost)/Credit
	  		 	=IF(E18=“n/a”,“n/a”,
E18-E19)	 	
	 Adjustment ($/month)
	  		 		 	
	 Net (Cost)/Credit
	  		 	=IF(E$18=“n/a”,“n/a”,
IF(AND(E20<0,E18>0),“n/a”
,E$20*E10))	 	=IF(F18=“n/a”,“n/a”,F18*E10)
	 Factor %
	  		 	=IF(E23=“n/a”,“”,50%)	 	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  		 	=IF(E$18=“n/a”,“n/a”,
IF(AND(E20<0,E18>0),
“n/a”,ROUND(E24*E23,2)))	 	=IF(F24=“”,“n/a”,

ROUND(F24*F23,2))

				
	O&M Cost Summary	  		 	Costs	 	$/nt coke
	 US Steel Invoiced Amount
	  		 	=D14*E10	 	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		 		 	
	 Actual vs. Forecast Factor
	  	less	 	=IF(E25=“n/a”,0,IF(F25=“n/a”,
E25,IF(AND(E18>0,
F18>0),E25,0)))	 	=E29/$E$10
	 Cap Factor
	  	less	 	=IF(F25=“n/a”,0,F25)	 	=E30/$E$10
	 Final USS Costs
	  		 	=E28-E29-E30	 	=E31/$E$10
				
	O&M Adjustment Shares	  		 		 	
	 Invoiced O&M Costs
	  		 	=E28	 	
	 Actual O&M Costs
	  		 	=E15	 	
	 Actual vs. Original Invoice Difference
	  		 	=D34-D35	 	Adjustment %
	 US Steel Adjustment – (Cost)/Credit
	  		 	=ROUND(+E29+E30,2)	 	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit
	  		 	=D40-D38	 	=IF(D40=0,0,D39/D40)
	 Total Adjustment
	  		 	=D36	 	=E38+E39
				
	Final O&M Cost Responsibility	  	Costs	 	Share %	 	$/nt coke
	 US Steel Costs Paid
	  	=E31	 	=D44/$D$46	 	=D44/$E$10
	 Gateway Costs
	  	=D46-D44	 	=D45/$D$46	 	=D45/$E$10
	 Actual O&M Costs
	  	=E15	 	=D46/$D$46	 	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 35 

 Gateway Energy & Coke Company 

O&M Cost Adjustment Calculator 
 Year: 2013 
 Quarter: Full Year 

 

							
	 	  	O&M
Component
Forecast	  	Actual O&M Component
Actual	  	O&M Cap
Cap
	 Coke Production (nt/year)
	  	*****	  	*****	  	
	 *****% of Forecast Volume
	  		  	=IF(E10>=0.9*D10,“n/a”,

ROUND(0.9*D10,0))
	  	
	 Initial O&M Cap
	  		  		  	=‘O&M Component

Limit’!$D$18

	 Cumulative Escalation
	  		  		  	=1+(HLOOKUP(B5,
‘O&M Component Limit’!$E$3: $T$18,11))

	 O&M Costs ($/nt)
	  	=D15/D10	  	=IF(E11=“n/a”,E15/E10,

E15/E11)
	  	=F12*F13
	 Annual Amount
	  	*****	  	*****	  	=ROUND(F14*E10,0)
				
	Adjustment ($/nt)	  		  	Actual vs. Forecast Factor	  	Cap Factor
	 Actual vs. Forecast
	  		  	=IF(AND($E$14<$D$14,

$E$14=$F$14),“n/a”,
 IF($E$14=$D$14,“n/a”,
 IF(AND($F$14<$D$14,

$F$14<$E$14),“n/a”,
 IF($F$14<$E$14,“n/a”,
 IF($D14-$F14>0,$F14-
$E14,

$D$14-$E$14)))))
	  	=IF(E14>F14,D14-

F14,IF(D14>F14,D14-
 F14,“n/a”))

	 *****
	  		  	=IF(E18=“n/a”,“n/a”,

IF(E18<0,0,1))
	  	
	 Net (Cost)/Credit
	  		  	=IF(E18=“n/a”,“n/a”,
E18-E19)	  	
				
	Adjustment ($/month)	  		  		  	
	 Net (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,

IF(AND (E20<0,E18>0),
 “n/a”,E$20*E10))
	  	=IF(F18=“n/a”,“n/a”,

F18*E10)

	 Factor %
	  		  	=IF(E23=“n/a”,“”,50%)	  	=IF(F23=“n/a”,“”,50%)
	 Net USS (Cost)/Credit
	  		  	=IF(E$18=“n/a”,“n/a”,

IF(AND(E20<0,E18>0),
“n/a”, ROUND
(E24*E23,2)))
	  	=IF(F24=“”,“n/a”,

ROUND(F24*F23,2))

				
	O&M Cost Summary	  		  	Costs	  	$/nt coke
	 US Steel Invoiced Amount
	  		  	=D14*E10	  	=E28/$E$10
	 Adjustments – (Cost)/Credit:
	  		  		  	
	 Actual vs. Forecast Factor
	  	less	  	=IF(E25=“n/a”,0,

IF(F25=“n/a”,E25,
 IF(AND(E18>0,
 F18>0), E25,0)))
	  	=E29/$E$10
	 Cap Factor
	  	less	  	=IF(F25=“n/a”,0,F25)	  	=E30/$E$10
				
	 Final USS Costs
	  		  	=E28-E29-E30	  	=E31/$E$10
				
	O&M Adjustment Shares	  		  		  	
	 Invoiced O&M Costs
	  		  	=E28	  	
	 Actual O&M Costs
	  		  	=E15	  	
	 Actual vs. Original Invoice Difference
	  		  	=D34-D35	  	Adjustment %
	 US Steel Adjustment – (Cost)/Credit
	  		  	=ROUND(+E29+E30,2)	  	=IF(D40=0,0,D38/D40)
	 Gateway Adjustment – (Cost)/Credit
	  		  	=D40-D38	  	=IF(D40=0,0,D39/D40)
	 Total Adjustment
	  		  	=D36	  	=E38+E39
	 Final O&M Cost Responsibility
	  	Costs	  	Share %	  	$/nt coke
	 US Steel Costs Paid
	  	=E31	  	=D44/$D$46	  	=D44/$E$10
	 Gateway Costs
	  	=D46-D44	  	=D45/$D$46	  	=D45/$E$10
	 Actual O&M Costs
	  	=E15	  	=D46/$D$46	  	=D46/$E$10

  

SCHEDULE 3.1(c)(xi) 
 PAGE 36 

 Schedule 3.3(b) 

Minimum Insurance Coverages and Maximum Deductibles 

 

									
	 Coverage
	  	Maximum Deductible	 	  	Minimum Coverage Amount	 
	 Workers’ Compensation
	  	$	*****	  	  	 	*****	  
	 Employers’ Liability
	  	$	*****	  	  	 	*****	  
	 Commercial Liability
	  	$	*****	  	  	$	*****	  
	 Automobile Liability
	  	$	*****	  	  	$	*****	  
	 Property
	  	$	*****	  	  	 	*****	  
	 Business Interruption
	  	 	*****$*****	  	  	 	*****	  

  

SCHEDULE 3.3(b) 
 PAGE 1 

 SCHEDULE 3.6(h) 

Final invoice Format 
  

	 	•	 	 The following tabs are based on two major contract issues. 

 

	 	•	 	 Invoices must be created by the Provider on the third business day before the end of each month prior to 12pm CST. 

 

	 	•	 	 Prior month adjustments must be reported by the Provider to the Off-Taker on the 15th of each month. 

 

	 	•	 	 Quantities for the above invoices and adjustments should all be actual based on meters and scales with exception for unusual situations. (No estimates
for a normal month.) 

  

	 	•	 	 The quantities for the third business day before the end of each month thru the final meter or scale readings at the end of the month become:

  

	 	•	 	 The unbilled receivable quantities for the Provider. 

  

	 	•	 	 The unaudited liability quantities for the Off-Taker. 

 

	 	•	 	 Unless an inter-company balance is required, each of the above can calculate dollars as they deem best. 

 

	 	•	 	 The ‘Inv prep data Input’ and ‘coke price data input’ tabs are setup to provide easy data Input. 

 

	 	•	 	 Provides a choice of setting up individual tabs for each month of invoices and 15th prior adjustment memos, or allows a simple macro to be setup to
prepare the invoice and 15th prior adjustment memo by selecting the month for preparation. 

  

	 	•	 	 This also provides visual trends. 

  

	 	•	 	 The spreadsheet would be sent to the Off-taker with each invoice and 15th adjustment. 

 

	 	•	 	 The Inv prep data input’ tab currently is set up to use quantities based on meter or scale measurements. 

 

	 	•	 	 Once the demo would move to production, fields could be added for the actual readings, and the spreadsheet could calculate the final numbers to be used
to prepare the invoice. 

 Note: To the extent a provision in the body or definitions of the off-take agreement differs from
this exhibit, the language in the body or of the definitions off-take agreement shall prevail. 

  

SCHEDULE 3.6(h) 
 PAGE 1 

 SCHEDULE 3.6(h) (cont.) 

SEPTEMBER 2006 INVOICE 
 Gateway Energy & Coke Company LLC 
 111 Northshore Drive

 Suite N-600 
 Knoxville, Tennessee 37919-4093 
  

									
	Invoice Date:	  	09/27/06	  		  		  	
				
	Invoice Number:	  	USS-0906	  	Remit to:	  	Gateway Energy & Coke Company LLC
				
	Sold to:	  	US Steel	  	Salesperson:	  	Jeffrey S. Wozek
					
	Bill to:	  	US Steel	  	ACH Credit Instructions:	  		  	
					
	Period Billed:	  	August 29, 2006 – August 31, 2006 September 1, 2006 – September 26, 2006	  	Wire Instructions:	  		  	
					
	Period Price Adj.:	  	August 1, 2006 – August 28, 2006	  	Terms:	  		  	
					
	PO Number:	  	XYZ123	  	Due:	  	Friday, September 29, 2006	  	
	  	  	 PO Line Number
	  	 	  	 Quantity
	  	 $

					
		  	 1       Furnace coke
	  		  	    *****	  	*****
					
		  	 2       Feed water
	  		  	    *****	  	*****
					
		  	 3       Breeze
	  		  	    *****	  	*****
					
		  	 4       Additional sharing of Section 45 Credits Realized
	  		  		  	*****
			
		  	 5       Additional adjustments of any debit or credit payment per Sec. 3.6(c),
Sec. 3.8(d), and Sec. 3.6(f) of Contract 
	  	*****
			
		  	          Invoice Total
	  	*****

 Detail 
  

																	
	FURNACE COKE SHIPPED	  	 	 	  	$/NT	 	  	NT (1)	 	  	$	 
					
	 Current Month: September 1, 2006 – September 26, 2006
	  				  				  				  			
	 Estimated Coal Price Component (2)
	  				  	 	*****	  	  				  			
	 Coal Cost
	  	 	*****	  	  				  				  			
	 Other coal costs
	  	 	*****	  	  				  				  			
	 O&M Component
	  				  	 	*****	  	  				  			
	 Insurance Component
	  				  	 	*****	  	  				  			
	 Fixed Price Component
	  				  	 	*****	  	  				  			
	 NT Shipped @ Estimated Coke $/NT
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Prior month: August 29, 2006 – August 31, 2006
	  				  				  				  			
	 NT’s shipped at actual price
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Prior month Price Adj.: (5) August 1, 2006 – August 28, 2006
	  				  				  				  			
	 NT shipped @ Estimated price
	  	 	*****	  	  	 	*****	  	  				  	 	*****	  
	 NT shipped @ Actual price
	  	 	*****	  	  	 	*****	  	  				  	 	*****	  
					
	 Coke Price Discount in respect of Nonconforming Coke Tonnage and/or Price Adjustment for Coke Quality
	  				  				  				  	 	*****	  
					
	 Net Current Month Furnace Coke
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	FEED WATER PROCESSING	  	 	 	  	$/MMBTU	 	  	MMBTU	 	  	$	 
					
	 Current Month: September 1, 2006 – September 26, 2006
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Prior month: August 29, 2006 – August 31, 2006
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Volume adjustment (3)
	  				  	 	*****	  	  	 	—	  	  	 	—	  
					
	 Net Current Month Feed Water
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	BREEZE	  	 	 	  	$/NT	 	  	NT	 	  	$	 
					
	 Current Month: September 1, 2006 – September 26, 2006
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Prior month: August 29, 2006 – August 31, 2006
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Volume adjustment (4)
	  				  	 	*****	  	  	 	—	  	  	 	—	  
					
	 Net Current Month Breeze
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  

  

SCHEDULE 3.6(h) 
 PAGE 2 

	(1)	Furnace Coke tons Sold = Belt scale weights adjusted to *****% moisture for coke shipped 

 

	(2)	Estimated Coal Price Component = Apply the previous month’s ending coal inventory blend cost and calculate the coal tons to be carbonized based on the actual
furnace coke shipped, adjusted to *****% moisture, applied by the Net Guaranteed Yield 

  

	(3)	Actual Quantity of Conforming Steam = Actual steam meter readings 

  

	(4)	Estimated Quantity of Breeze = Actual to be confirmed by truck scale weights. 

 

	(5)	Price adjustment memorandum, Sept 15, 2006 (sample attached) 

  

	(6)	Volume adjustment memorandums, Sept 15, 2006 (sample attached) 

  

SCHEDULE 3.6(h) 
 PAGE 3 

 PRIOR MONTH ADJUSTMENT MEMO 

Gateway Energy & Coke Company LLC 
 111 Northshore Drive 
 Suite N-600 

Knoxville, Tennessee 37919-4093 
  

							
	Invoice Date:	  	09/15/06	  		  	
				
	Memo Number:	  	0806F	  		  	
				
	Sold to:	  	US Steel	  	Salesperson:	  	Jeffrey S. Wozek
				
	Period Unbilled:	  	August 29, 2006 – August 31, 2006	  		  	
				
	Period Price Adj.:	  	August 1, 2006 – August 28, 2006	  	Terms:	  	Adjustment will appear on next invoice
				
	PO Number:	  	XYZ123	  	Due:	  	Friday, September 29, 2006

 Detail 
  

																	
	FURNACE COKE SHIPPED	  	 	 	  	$/NT	 	  	NT (1)	 	  	$	 
					
	 Prior month: August 29, 2006 – August 31, 2006
	  				  				  				  			
	 NT’s shipped at actual price
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Prior month Price Adj.: (5) August 1, 2006 – August 28, 2006
	  				  				  				  			
	 NT shipped @ Estimated price
	  	 	*****	  	  	 	*****	  	  				  	 	*****	  
	 NT shipped @ Actual price
	  	 	*****	  	  	 	*****	  	  				  	 	*****	  
					
	 Coke Price Discount in respect of Nonconforming Coke Tonnage and/or Price Adjustment for Coke Quality
	  				  				  				  			
					
	 Net Prior Month Furnace Coke
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	FEED WATER PROCESSING	  	 	 	  	$/MMBTU	 	  	MMBTU	 	  	$	 
					
	 Prior month: August 29, 2006 – August 31, 2006
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Volume adjustment (3)
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Net Current Month Feed Water
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	BREEZE	  	 	 	  	$/NT	 	  	NT	 	  	$	 
					
	 Prior month: August 29, 2006 – August 31, 2006
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Volume adjustment (4)
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  
					
	 Net Current Month Breeze
	  				  	 	*****	  	  	 	*****	  	  	 	*****	  

  

	(1)	Furnace Coke tons Sold = Belt scale weights adjusted to *****% moisture for coke shipped 

 

	(2)	Estimated Coal Price Component = Apply the previous month’s ending coal inventory blend cost and calculate the coal tons to be carbonized based on the actual
furnace coke shipped, adjusted to *****% moisture, applied by the Net Guaranteed Yield 

  

	(3)	Actual Quantity of Conforming Steam = Actual steam meter readings 

  

	(4)	Estimated Quantity of Breeze = Actual to be confirmed by truck scale weights. 

 

	(5)	Price adjustment memorandum, Sept 15, 2006 (sample attached) 

  

	(6)	Volume adjustment memorandums, Sept 15, 2006 (sample attached) 

  

SCHEDULE 3.6(h) 
 PAGE 4 

																																																									
	 	 	U of M	 	 	Dec py	 	 	Jan	 	 	Feb	 	 	Mar	 	 	Apr	 	 	May	 	 	Jun	 	 	Jul	 	 	Aug	 	 	Sep	 	 	Oct	 	 	Nov	 	 	Dec	 
	 Number of Days
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 In month
	 	 	Days	  	 				 	 	31	  	 	 	28	  	 	 	31	  	 	 	30	  	 	 	31	  	 	 	30	  	 	 	31	  	 	 	31	  	 	 	30	  	 	 	31	  	 	 	30	  	 	 	31	  
	 1 thru last day before 3BDBEOM
	 	 	Days	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 3BDBEOM to EOM
	 	 	Days	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 PO Number
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Invoice Header
	 				 				 	 
  
	7 2006
 INVOICE
	  
   
	 	 
  
	7 2006
 INVOICE
	  
   
	 	 
  
	7 2006
 INVOICE
	  
   
	 	 
  
	7 2006
 INVOICE
	  
   
	 	 
  
	7 2006
 INVOICE
	  
   
	 	 
  
	7 2006
 INVOICE
	  
   
	 	 
  
	7 2006
 INVOICE
	  
   
	 	 
  
	7 2006
 INVOICE
	  
   
	 	 
 	SEPTEMBER
2006 INVOICE	  
  	 	 
 	7 2006
INVOICE	  
  	 	 
 	7 2006
INVOICE	  
  	 	 
 	7 2006
INVOICE	  
  
	 Invoice Date
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Invoice Number
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Due
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Period Description
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 1 thru last day before 3BDBEOM
	 	 	Varbags	  	 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 				 				 			
	 3BDBEOM to EOM
	 	 	Varbags	  	 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 				 				 			
	 Furnace Coke Shipped
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 1 thru last day before 3BDBEOM
	 	 	NT	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 3BDBEOM to EOM
	 	 	NT	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Prior month ending Inv. blend coal
	 	 	$/NT	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Coke price discount
	 	 	$    	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Feed Water Processing
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 1 thru last day before 3BDBEOM
	 	 	MMBTU	  	 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 				 				 			
	 3BDBEOM to EOM
	 	 	MMBTU	  	 				 				 				 				 				 				 				 				 	 	*****	  	 				 				 				 			
	 Volume adjustment
	 	 	MMBTU	  	 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 				 				 			
	 $/MMBTU
	 	 	$/MMBTU	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Breeze
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 1 thru last day before 3BDBEOM
	 	 	NT	  	 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 				 				 			
	 3BDBEOM to EOM
	 	 	NT	  	 				 				 				 				 				 				 				 				 	 	*****	  	 				 				 				 			
	 Volume adjustment
	 	 	NT	  	 				 				 				 				 				 				 				 				 	 	*****	  	 	 	*****	  	 				 				 			
	 $/NT
	 	 	$/NT	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
															
	 FURNACE COKE SHIPPED
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Current month:
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Estimate Coal Price Component
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Coal Cost
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Other coal costs
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 O&M Component
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Fixed Price Component
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Insurance Component
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Not identified at this time
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $/NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Prior Month:
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $/NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Prior month Price Adj:
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $/NT Estimated price
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s Estimated
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $/NT Actual price
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s Actual
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Coke price discount in respect to Nonconformance
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  

  

SCHEDULE 3.6(h) 
 PAGE 5 

																																																									
	 	 	    U of M    	 	 	Dec py	 	 	    Jan    	 	 	      Feb      	 	 	      Mar      	 	 	      Apr      	 	 	      May      	 	 	    Jun    	 	 	    Jul    	 	 	      Aug      	 	 	          Sep       
   	 	 	    Oct    	 	 	    Nov    	 	 	      Dec      	 
	 Net Current Month Furnace Coke:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 FEED WATER PROCESSING
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Current Month:
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $/MMBTU
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 MMBTU
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Prior Month:
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $/MMBTU
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 MMBTU
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Volume adjustment:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/MMBTU
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 MMBTU
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Net Current Month Fixed Water:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/MMBTU
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 MMBTU
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 BREEZE
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Current Month:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Prior Month:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Volume adjustment:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Net Current Month Fixed Breeze:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 NT
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 $’s
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 FURNACE COKE SHIPPED (final)
	 	 	NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Coke price for the month
	 	 	$/NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Other coal costs
	 	 	$/NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 O&M Component
	 	 	$/NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Fixed Price Component
	 	 	$/NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Insurance Component
	 	 	$/NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Not identified at this time
	 	 	$/NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Sum of Production Blend Periods
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Total Coke Sales adjusted to *****%
	 	 	NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 (Diff should be zero)
	 	 	NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Add periods as needed
	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Aug 1-5
	 	 	NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  

  

SCHEDULE 3.6(h) 
 PAGE 6 

																																																							
	 	 	    U of M    	 	Dec py	 	 	    Jan    	 	 	      Feb      	 	 	      Mar      	 	 	      Apr      	 	 	      May      	 	 	    Jun    	 	 	    Jul    	 	 	      Aug      	 	 	          Sep       
   	 	 	    Oct    	 	 	    Nov    	 	 	      Dec      	 
		 	$    	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Aug 6-23
	 	NT	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	$/NT	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	$    	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Aug 24-31
	 	NT	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	$/NT	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	$    	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  

  

SCHEDULE 3.6(h) 
 PAGE 7 

 Gateway Energy & Coke Company LLC 

111 Northshore Drive 
 Suite N-600 
 Knoxville, Tennessee 37919-4093 

 

									
	Invoice Date:	  	09/27/06	  		  		  	
					
	 Invoice Number:
	  	=+‘inv prep data input’!O15	  	Remit to:	  	Gateway Energy & Coke Company LLC	  	
					
	 Sold to:
	  	US Steel	  	Salesperson:	  	Jeffrey S. Wozek	  	
					
	 Bill to:
	  	US Steel	  	ACH Credit Instructions:	  		  	
					
	 Period Billed:
	  	=+‘inv prep data input’!O55	  	Wire Instructions:	  		  	
					
	 Period Price Adj.:
	  	=+‘inv prep data input’!O45	  	Terms:	  		  	
					
	 PO Number:
	  	=+‘inv prep data input’!O9	  	Due:	  	=+‘inv prep data input’!O17	  	
					
	 	  	 PO Line Number
	  	 	  	 Quantity
	  	 $

					
		  	 1       Furnace coke
	  	=+I57	  	=+J57	  	
					
		  	 2       Feed water
	  	=+I67	  	=+J67	  	
					
		  	 3       Breeze
	  	=+I77	  	=+J77	  	
				
		  	 4       Additional sharing of Section 45 Credits Realized
	  	0	  	
				
		  		  	0	  	
				
		  		  	=SUM(J23:J34)	  	

  

									
	Detail	  	Invoice Total	  	 	  	 	  	 

  

											
	FURNACE COKE SHIPPED	  	 	  	 	  	 $/NT
	  	 NT (1)
	  	 $

						
	Current Month:	  	=+C17	  		  		  		  	
	 Estimated Coal Price Component (2)
	  		  		  	=+‘inv prep data input’!O46	  		  	
	Coal Cost	  		  	=+‘inv prep data input’!O47	  		  		  	
	Other coal costs	  		  	=+‘inv prep data input’!O48	  		  		  	
	 O&M Component
	  		  		  	=+‘inv prep data input’!O49	  		  	
	 Fixed Price Component
	  		  		  	=+‘inv prep data input’!O50	  		  	
	NT Shipped @ Estimated Coke $/NT	  		  		  	=+‘inv prep data input’!O52	  	=+‘inv prep data input’!O53	  	=+‘inv prep data input’!O54
	Prior month:	  	=+C16	  		  		  		  	
	 NT’s shipped as actual price
	  		  		  	=+‘inv prep data input’!O56	  	=+‘inv prep data input’!O57	  	=+‘inv prep data input’!O58
	Prior month Price Adj.: (5)	  		  	=+C19	  		  		  	
	NT shipped @ Estimate price	  		  	=+G52*-1	  	=+‘inv prep data input’!O61	  		  	=+‘inv prep data input’!O62
	NT shipped @ Actual price	  		  	=+‘inv prep data input’!O60	  	=+‘inv prep data input’!O63	  		  	=+‘inv prep data input’!O64
	Coke Price Discount in respect of Nonconforming Coke Tonnage and/or Price Adjustment for Coke Quality	  		  		  		  		  	=+‘inv prep data input’!O65
						
	Net Current Month Furnace Coke	  		  		  	=+‘inv prep data input’!O67	  	=+‘inv prep data input’!O68	  	=+‘inv prep data input’!O69
						
	FEED WATER PROCESSING	  	 	  	 	  	 $/MMBTU
	  	 MMBTU
	  	 $

						
	Current Month:	  	=+C17	  		  	=+‘inv prep data input’!O72	  	=+‘inv prep data input’!O73	  	=+‘inv prep data input’!O74
	Prior month:	  	=+C16	  		  	=+‘inv prep data input’!O76	  	=+‘inv prep data input’!O77	  	=+‘inv prep data input’!O78
	Volume adjustment (3)	  		  		  	=+‘inv prep data input’!O80	  	=+‘inv prep data input’!O81	  	=+‘inv prep data input’!O82
	Net Current Month Feed Water	  		  		  	=+‘inv prep data input’!O84	  	=+‘inv prep data input’!O85	  	=+‘inv prep data input’!O86

  

EXHIBIT A 
 PAGE 1 

											
	BREEZE	  	 	  	 	  	 $/NT
	  	 NT
	  	 $

						
	Current Month:	  	=+C17	  		  	=+‘inv prep data input’!O89	  	=+‘inv prep data input’!O90	  	=+‘inv prep data input’!O91
	Prior month:	  	=+C16	  		  	=+‘inv prep data input’!O93	  	=+‘inv prep data input’!O94	  	=+‘inv prep data input’!O95
	Volume adjustment (4)	  		  		  	=+‘inv prep data input’!O97	  	=+‘inv prep data input’!O98	  	=+‘inv prep data input’!O99
	Net Current Month Breeze	  		  		  	=+‘inv prep data input’!O101	  	=+‘inv prep data input’!O102	  	=+‘inv prep data input’!O103

  

	(1)	Furnace Coke tons Sold = Belt scale weights adjusted to *****% moisture for coke shipped 

	(2)	Estimated Coal Price Component = Apply the previous month’s ending coal inventory blend cost and calculate the coal tons to be carbonized based on the actual
furnace coke shipped, adjusted to *****% moisture, applied by the Net Guaranteed Yield 

	(3)	Actual Quantity of Conforming Steam = Actual steam meter readings 

	(4)	Estimated Quantity of Breeze = Actual to be confirmed by truck scale weights. 

	(5)	Price adjustment memorandum, September 15, 2006 (sample attached) 

  

EXHIBIT A 
 PAGE 2 

 PRIOR MONTH ADJUSTMENT MEMO 

Gateway Energy & Coke Company LLC 
 111 Northshore Drive 
 Suite N-600 

Knoxville, Tennessee 37919-4093 
  

									
	Invoice Date:	  		 		 		  	
	Memo Number:	  		 		 		  	
	Sold to:	  	US Steel	 	Salesperson:	 	Jeffrey S. Wozek	  	
	Period Unbilled:	  	=+‘inv prep data input’!O55	 		 		  	
	Period Price Adj.:	  	=+‘inv prep data input’!O59	 	Terms:	 	Adjustment will appear on next invoice	  	
	PO Number:	  	=+‘inv prep data input’!O9	 	Due:	 	=+‘inv prep data input’!O17	  	

 Detail 
  

											
	FURNACE COKE SHIPPED	  	 	  	 	  	 $/NT
	  	 NT (1)
	  	 $

						
	 Prior month:
	  	=+C15	  		  		  		  	
	 NT’s shipped as actual price
	  		  		  	=+‘inv prep data input’!O56	  	=+‘inv prep data input’!O57	  	=+‘inv prep data input’!O58
	 Prior month Price Adj.: (5)
	  	=+C17	  	=+G30*-1	  	=+‘inv prep data input’!O61	  		  	=+‘inv prep data input’!O62
	 NT shipped @ Estimate price
	  		  	=+‘inv prep data input’!O60	  	=+‘inv prep data input’!O63	  		  	=+‘inv prep data input’!O64
	 NT shipped @ Actual price
	  		  		  		  		  	
						
	 Coke Price Discount in respect of Nonconforming Coke Tonnage and/or Price Adjustment for Coke Quality
	  		  		  		  		  	=+‘inv prep data input’!O65
	 Net Prior Month Furnace Coke
	  		  		  	=+J35/I35	  	=SUM(I23:I34)	  	=SUM(J23:J34)
						
	FEED WATER PROCESSING	  	 	  	 	  	 $/MMBTU
	  	 MMBTU
	  	 $

						
	 Prior month:
	  	=+C15	  		  	=+‘inv prep data input’!O76	  	=+‘inv prep data input’!O77	  	=+‘inv prep data input’!O78
	 Volume adjustment (3)
	  		  		  	=+‘inv prep data input’!O80	  	=+‘inv prep data input’!O81	  	=+‘inv prep data input’!O82
	 Net Current Month Feed Water
	  		  		  	=+J44/I44	  	=SUM(I38:I43)	  	=SUM(J38:J43)
						
	BREEZE	  	 	  	 	  	 $/NT
	  	 NT
	  	 $

						
	 Prior month:
	  	=+C15	  		  	=+‘inv prep data input’!O93	  	=+‘inv prep data input’!O94	  	=+‘inv prep data input’!O95
	 Volume adjustment (4)
	  		  		  	=+‘inv prep data input’!O97	  	=+‘inv prep data input’!O98	  	=+‘inv prep data input’!O99
	 Net Current Month Breeze
	  		  		  	=+J53/I53	  	=SUM(I47:I52)	  	=SUM(J47:J52)

  

	(1)	Furnace Coke tons Sold = Belt scale weights adjusted to *****% moisture for coke shipped 

	(2)	Estimated Coal Price Component = Apply the previous month’s ending coal inventory blend cost and calculate the coal tons to be carbonized based on the actual
furnace coke shipped, adjusted to *****% moisture, applied by the Net Guaranteed Yield 

	(3)	Actual Quantity of Conforming Steam = Actual steam meter readings 

	(4)	Estimated Quantity of Breeze = Actual to be confirmed by truck scale weights. 

	(5)	Price adjustment memorandum, September 15, 2006 (sample attached) 

  

EXHIBIT A 
 PAGE 3 

																																																									
	 	 	U of M	 	 	Dec
py	 	 	Jan	 	 	Feb	 	 	Mar	 	 	Apr	 	 	May	 	 	Jun	 	 	Jul	 	 	Aug	 	 	Sep	 	 	Oct	 	 	Nov	 	 	Dec	 
	 Number of Days
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 In month
	 	 	Days	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 1 thru last day before 3BDBEOM
	 	 	Days	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 3BDBEOM to EOM
	 	 	Days	  	 				 	 	=G9	  	 	 	=+H5-H6	  	 	 	=+I5-I6	  	 	 	=+J5-J6	  	 	 	=+K5-K6	  	 	 	=+L5-L6	  	 	 	=+M5-M6	  	 	 	=+N5-N6	  	 	 	=+O5-O6	  	 	 	=+P5-P6	  	 	 	=+Q5-Q6	  	 	 	=+R5-R6	  
	 PO Number
	 				 				 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  	 	 	XYZ123	  
	 Invoice Header
	 				 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Invoice Date
	 				 				 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  	 	 
 	? 2006
INVOICE	  
  
	 Invoice Number
	 				 				 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 	 	 	USS-?	 
	 Due
	 				 				 	 	?	  	 	 	?	  	 	 	?	  	 	 	?	  	 	 	?	  	 	 	?	  	 	 	?	  	 	 	?	  	 	 	?	  	 	 	?	  	 	 	?	  	 	 	?	  
	 Period Description
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 1 thru last day before 3BDBEOM
	 	 	Verbage	  	 				 				 				 				 				 				 				 				 				 				 				 				 			
	 3BDBEOM to EOM
	 	 	Vergabe	  	 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Furnace Coke Shipped
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 1 thru last day before 3BDBEOM
	 	 	NT	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 3BDBEOM to EOM
	 	 	NT	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Prior month ending Inv. blend coal
	 	 	$/NT	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Coke price discount
	 	 	$	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Feed Water Processing
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 1 thru last day before 3BDBEOM
	 	 	MMBTU	  	 				 				 				 				 				 				 				 				 				 				 				 				 			
	 3BDBEOM to EOM
	 	 	MMBTU	  	 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Volume adjustment
	 	 	MMBTU	  	 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/MMBTU
	 	 	$/MMBTU	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Breeze
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 1 thru last day before 3BDBEOM
	 	 	NT	  	 				 				 				 				 				 				 				 				 				 				 				 				 			
	 3BDBEOM to EOM
	 	 	NT	  	 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Volume adjustment
	 	 	NT	  	 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 	 	$/NT	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 FURNACE COKE SHIPPED
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Current month:
	 				 				 	 	=+G20	  	 	 	=+H20	  	 	 	=+I20	  	 	 	=+J20	  	 	 	=+K20	  	 	 	=+L20	  	 	 	=+M20	  	 	 	=+N20	  	 	 	=+O20	  	 	 	=+P20	  	 	 	=+Q20	  	 	 	=+R20	  
	 Estimate Coal Price Component
	 				 				 	 
  
	=+G47
 +G48
	  
   
	 	 
  
	=+H47
 +H48
	  
   
	 	 
  
	=+I47
 +I48
	  
   
	 	 
  
	=+J47
 +J48
	  
   
	 	 
  
	=+K47
 +K48
	  
   
	 	 
  
	=+L47
 +L48
	  
   
	 	 
  
	=+M47
 +M48
	  
   
	 	 
  
	=+N47
 +N48
	  
   
	 	 
  
	=+O47
 +O48
	  
   
	 	 
  
	=+P47
 +P48
	  
   
	 	 
  
	=+Q47
 +Q48
	  
   
	 	 
  
	=+R47
 +R48
	  
   

	 Coal Cost
	 				 				 	 
  
 
	=+’inv
 prep
data
input’!G26
	  
   
  
	 	 
  
 
	=+’inv
 prep
data
input’!H26
	  
   
  
	 	 
 
 	=+’inv
prep data
input’!I26	  
  
  	 	 
 
 	=+’inv
prep data
input’!J26	  
  
  	 	 
  
 
	=+’inv
 prep
data
input’!K26
	  
   
  
	 	 
  
 
	=+’inv
 prep
data
input’!L26
	  
   
  
	 	 
  
 
	=+’inv
 prep
data
input’!M26
	  
   
  
	 	 
  
 
	=+’inv
 prep
data
input’!N26
	  
   
  
	 	 
  
 
	=+’inv
 prep
data
input’!O26
	  
   
  
	 	 
 
 	=+’inv
prep data
input’!P26	  
  
  	 	 
  
 
	=+’inv
 prep
data
input’!Q26
	  
   
  
	 	 
  
 
	=+’inv
 prep
data
input’!R26
	  
   
  

	 Other coal costs
	 				 				 	 
 
 	=+’coke
price data
input’!G4	  
  
  	 	 
 
 	=+’coke
price data
input’!H4	  
  
  	 	 
 
 	=+’coke
price data
input’!I4	  
  
  	 	 
 
 	=+’coke
price data
input’!J4	  
  
  	 	 
 
 	=+’coke
price data
input’!K4	  
  
  	 	 
 
 	=+’coke
price data
input’!L4	  
  
  	 	 
 
 	=+’coke
price data
input’!M4	  
  
  	 	 
 
 	=+’coke
price data
input’!N4	  
  
  	 	 
 
 	=+’coke
price data
input’!O4	  
  
  	 	 
 
 	=+’coke
price data
input’!P4	  
  
  	 	 
 
 	=+’coke
price data
input’!Q4	  
  
  	 	 
 
 	=+’coke
price data
input’!R4	  
  
  
	 O&M Component
	 				 				 	 
 
 	=+’coke
price data
input’!G5	  
  
  	 	 
 
 	=+’coke
price data
input’!H5	  
  
  	 	 
 
 	=+’coke
price data
input’!I5	  
  
  	 	 
 
 	=+’coke
price data
input’!J5	  
  
  	 	 
 
 	=+’coke
price data
input’!K5	  
  
  	 	 
 
 	=+’coke
price data
input’!L5	  
  
  	 	 
 
 	=+’coke
price data
input’!M5	  
  
  	 	 
 
 	=+’coke
price data
input’!N5	  
  
  	 	 
 
 	=+’coke
price data
input’!O5	  
  
  	 	 
 
 	=+’coke
price data
input’!P5	  
  
  	 	 
 
 	=+’coke
price data
input’!Q5	  
  
  	 	 
 
 	=+’coke
price data
input’!R5	  
  
  
	 Fixed Price Component
	 				 				 	 
 
 	=+’coke
price data
input’!G6	  
  
  	 	 
 
 	=+’coke
price data
input’!H6	  
  
  	 	 
 
 	=+’coke
price data
input’!I6	  
  
  	 	 
 
 	=+’coke
price data
input’!J6	  
  
  	 	 
 
 	=+’coke
price data
input’!K6	  
  
  	 	 
 
 	=+’coke
price data
input’!L6	  
  
  	 	 
 
 	=+’coke
price data
input’!M6	  
  
  	 	 
 
 	=+’coke
price data
input’!N6	  
  
  	 	 
 
 	=+’coke
price data
input’!O6	  
  
  	 	 
 
 	=+’coke
price data
input’!P6	  
  
  	 	 
 
 	=+’coke
price data
input’!Q6	  
  
  	 	 
 
 	=+’coke
price data
input’!R6	  
  
  
	 Not identified at this time
	 				 				 	 
 
 	=+’coke
price data
input’!G7	  
  
  	 	 
 
 	=+’coke
price data
input’!H7	  
  
  	 	 
 
 	=+’coke
price data
input’!I7	  
  
  	 	 
 
 	=+’coke
price data
input’!J7	  
  
  	 	 
 
 	=+’coke
price data
input’!K7	  
  
  	 	 
 
 	=+’coke
price data
input’!L7	  
  
  	 	 
 
 	=+’coke
price data
input’!M7	  
  
  	 	 
 
 	=+’coke
price data
input’!N7	  
  
  	 	 
 
 	=+’coke
price data
input’!O7	  
  
  	 	 
 
 	=+’coke
price data
input’!P7	  
  
  	 	 
 
 	=+’coke
price data
input’!Q7	  
  
  	 	 
 
 	=+’coke
price data
input’!R7	  
  
  
	 $/NT
	 				 				 	 
  
  
  
	=ROUND(
 +G46+G49

+G50:G50,
 2
)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+H46+H

49+H50:H

50,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+I46+I49

+I50:I50,2

)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+J46+J49

+J50:J50,

2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+K46+K

49+K50:K

50,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+L46+L4

9+L50:L5

0,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+M46+M

49+M50:

M50,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+N46+N

49+N50:N

50,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+O46+O

49+O50:O

50,2)
	  
   

  
   
	 	 
  
  
  
	=R52(+
 P4

6+P49+P5

0:P50,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+Q46+Q

49+Q 50 :Q

50,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+R46+R4

9+R50:R5

0,2)
	  
   

  
   

	 NT
	 				 				 	 	=+G24	  	 	 	=+H24	  	 	 	=+I24	  	 	 	=+J24	  	 	 	=+K24	  	 	 	=+L24	  	 	 	=+M24	  	 	 	=+N24	  	 	 	=+O24	  	 	 	=+P24	  	 	 	=+Q24	  	 	 	=+R24	  
	 $’s
	 				 				 	 
  
	=+G52
 *G53
	  
   
	 	 
  
	=+H52
 *H53
	  
   
	 	 
  
	=+I52
 *I53
	  
   
	 	 
  
	=+J52
 *J53
	  
   
	 	 
  
	=+K52
 *K53
	  
   
	 	 
  
	=+L52
 *L53
	  
   
	 	 
  
	=+M52
 *M53
	  
   
	 	 
  
	=+N52
 *N53
	  
   
	 	 
  
	=+O52
 *O53
	  
   
	 	 
  
	=+P52
 *P53
	  
   
	 	 
  
	=+Q52
 *Q53
	  
   
	 	 
  
	=+R52
 *R53
	  
   

	 Prior Month:
	 				 				 	 	=G56	  	 	 	=+G21	  	 	 	=+H21	  	 	 	=+I21	  	 	 	=+J21	  	 	 	=+K21	  	 	 	=+L21	  	 	 	=+M21	  	 	 	=+N21	  	 	 	=+O21	  	 	 	=+P21	  	 	 	=+Q21	  
	 $/NT
	 				 				 	 
 
 	=+’coke
price data
input’!F3	  
  
  	 	 
 
 	=+’coke
price data
input’!G3	  
  
  	 	 
 
 	=+’coke
price data
input’!H3	  
  
  	 	 
 
 	=+’coke
price data
input’!I3	  
  
  	 	 
 
 	=+’coke
price data
input’!J3	  
  
  	 	 
 
 	=+’coke
price data
input’!K3	  
  
  	 	 
 
 	=+’coke
price data
input’!L3	  
  
  	 	 
 
 	=+’coke
price data
input’!M3	  
  
  	 	 
 
 	=+’coke
price data
input’!N3	  
  
  	 	 
 
 	=+’coke
price data
input’!O3	  
  
  	 	 
 
 	=+’coke
price data
input’!P3	  
  
  	 	 
 
 	=+’coke
price data
input’!Q3	  
  
  
	 NT
	 				 				 	 	=+F25	  	 	 	=+G25	  	 	 	=+H25	  	 	 	=+I25	  	 	 	=+J25	  	 	 	=+K25	  	 	 	=+L25	  	 	 	=+M25	  	 	 	=+N25	  	 	 	=+O25	  	 	 	=+P25	  	 	 	=+Q25	  
	 $’s
	 				 				 	 
  
	=+G56
 *G57
	  
   
	 	 
  
	=+H56
 *H57
	  
   
	 	 
  
	=+I56
 *I57
	  
   
	 	 
  
	=+J56
 *J57
	  
   
	 	 
  
	=+K56
 *K57
	  
   
	 	 
  
	=+L56
 *L57
	  
   
	 	 
  
	=+M56
 *M57
	  
   
	 	 
  
	=+N56
 *N57
	  
   
	 	 
  
	=+O56
 *O57
	  
   
	 	 
  
	=+P56
 *P57
	  
   
	 	 
  
	=+Q56
 *Q57
	  
   
	 	 
  
	=+R56
 *R57
	  
   

	 Prior month Price Adj:
	 				 				 	 	=+F20	  	 	 	=+G20	  	 	 	=+H20	  	 	 	=+I20	  	 	 	=+J20	  	 	 	=+K20	  	 	 	=+L20	  	 	 	=+M20	  	 	 	=+N20	  	 	 	=+O20	  	 	 	=+P20	  	 	 	=+Q20	  
	 NT
	 				 				 	 	=+F24	  	 	 	=+G24	  	 	 	=+H24	  	 	 	=+I24	  	 	 	=+J24	  	 	 	=+K24	  	 	 	=+L24	  	 	 	=+M24	  	 	 	=+N24	  	 	 	=+O24	  	 	 	=+P24	  	 	 	=+Q24	  
	 $/NT Estimated price
	 				 	 	=+E52	  	 	 	=+F52	  	 	 	=+G52	  	 	 	=+H52	  	 	 	=+I52	  	 	 	=+J52	  	 	 	=+K52	  	 	 	=+L52	  	 	 	=+M52	  	 	 	=+N52	  	 	 	=+O52	  	 	 	=+P52	  	 	 	=+Q52	  
	 $’s Estimated
	 				 				 	 	=-G60*G61	  	 	 	=-H60*H61	  	 	 	=-I60*I61	  	 	 	=-J60*J61	  	 	 	=-K60*K61	  	 	 	=-L60*L61	  	 	 	=-M60*M61	  	 	 	=-N60*N61	  	 	 	=-O60*O61	  	 	 	=-P60*P61	  	 	 	=-Q60*Q61	  	 	 	=-R60*R61	  

  

SCHEDULE 3.6(h) 
 PAGE 11 

																																																									
	 	 	U of M	 	 	Dec
py	 	 	Jan	 	 	Feb	 	 	Mar	 	 	Apr	 	 	May	 	 	Jun	 	 	Jul	 	 	Aug	 	 	Sep	 	 	Oct	 	 	Nov	 	 	Dec	 
	 $/NT Actual price
	 				 	 	=+F56	  	 	 	=+G56	  	 	 	=+H56	  	 	 	=+I56	  	 	 	=+J56	  	 	 	=+K56	  	 	 	=+L56	  	 	 	=+M56	  	 	 	=+N56	  	 	 	=+O56	  	 	 	=+P56	  	 	 	=+Q56	  	 	 	=+R56	  
	 $’s Actual
	 				 				 	 
  
	=+G60
 *G6 3
	  
   
	 	 
  
	=+H60
 *H63
	  
   
	 	 
  
	=+I60
 *I63
	  
   
	 	 
  
	=+J60
 *J63
	  
   
	 	 
  
	=+K60
 *K63
	  
   
	 	 
  
	=+L60
 *L63
	  
   
	 	 
  
	=+M60
 *M63
	  
   
	 	 
  
	=+N60
 *N63
	  
   
	 	 
  
	=+O60
 *O63
	  
   
	 	 
  
	=+P60
 *P63
	  
   
	 	 
  
	=+Q60
 *Q63
	  
   
	 	 
  
	=+R60
 *R63
	  
   

	 Coke price discount in respect to Nonconformance
	 				 				 	 	=+G27	  	 	 	=+H27	  	 	 	=+I27	  	 	 	=+J27	  	 	 	=+K27	  	 	 	=+L27	  	 	 	=+M27	  	 	 	=+N27	  	 	 	=+O27	  	 	 	=+P27	  	 	 	=+Q27	  	 	 	=+R27	  
	 Net Current Month Furnace Coke:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 
  
	=+G69
 /G68
	  
   
	 	 
  
	=+H69
 /H68
	  
   
	 	 
  
	=+I86
 /I85
	  
   
	 	 
  
	=+J69
 /J68
	  
   
	 	 
  
	=+K69
 /K68
	  
   
	 	 
  
	=+L69
 /L68
	  
   
	 	 
  
	=+M69
 /M68
	  
   
	 	 
  
	=+N69
 /N68
	  
   
	 	 
  
	=+O69
 /O68
	  
   
	 	 
  
	=+P69
 /P68
	  
   
	 	 
  
	=+Q69
 /Q68
	  
   
	 	 
  
	=+R69
 /R68
	  
   

	 NT
	 				 				 	 
  
	=+G53
 +G57
	  
   
	 	 
  
	=+H53
 +H57
	  
   
	 	 
  
	=+I53
 +I57
	  
   
	 	 
  
	=+J53
 +J57
	  
   
	 	 
  
	=+K53
 +K57
	  
   
	 	 
  
	=+L53
 +L57
	  
   
	 	 
  
	=+M53
 +M57
	  
   
	 	 
  
	=+N53
 +N57
	  
   
	 	 
  
	=+O53
 +O57
	  
   
	 	 
  
	=+P53
 +P57
	  
   
	 	 
  
	=+Q53
 +Q57
	  
   
	 	 
  
	=+R53
 +R57
	  
   

	 $’s
	 				 				 	 
  
  
  
  
	=+G54
 +G58

+G62

+G64

+G65
	  
   

  
   

  
	 	 
  
  
  
  
	=+H54
 +H58

+H62

+H64

+H65
	  
   

  
   

  
	 	 
  
  
  
  
	=+I54
 +I58

+I62

+I64

+I65
	  
   

  
   

  
	 	 
  
  
  
  
	=+J54
 +J58

+J62

+J64

+J65
	  
   

  
   

  
	 	 
  
  
  
  
	=+K54
 +K58

+K62

+K64

+K65
	  
   

  
   

  
	 	 
  
  
  
  
	=+L54
 +L58

+L62

+L64

+L65
	  
   

  
   

  
	 	 
  
  
  
  
	=+M54
 +M58

+M62

+M64

+M65
	  
   

  
   

  
	 	 
  
  
  
  
	=+N54
 +N58

+N62

+N64

+N65
	  
   

  
   

  
	 	 
  
  
  
  
	=+O54
 +O58

+O62

+O64

+O65
	  
   

  
   

  
	 	 
  
  
  
  
	=+P54
 +P58

+P62

+P64

+P65
	  
   

  
   

  
	 	 
  
  
  
  
	=+Q54
 +Q58

+Q62

+Q64

+Q65
	  
   

  
   

  
	 	 
  
  
  
  
	=+R54
 +R58

+R62

+R64

+R65
	  
   

  
   

  

															
	 FEED WATER PROCESSING
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Current Month:
	 				 				 	 	=+G20	  	 	 	=+I20	  	 	 	=+I20	  	 	 	=+J20	  	 	 	=+K20	  	 	 	=+L20	  	 	 	=+M20	  	 	 	=+N20	  	 	 	=+O20	  	 	 	=+P20	  	 	 	=+Q20	  	 	 	=+R20	  
	 $/MMBTU
	 				 				 	 	=+G33	  	 	 	=+I33	  	 	 	=+I33	  	 	 	=+J33	  	 	 	=+K33	  	 	 	=+L33	  	 	 	=+M33	  	 	 	=+N33	  	 	 	=+O33	  	 	 	=+P33	  	 	 	=+Q33	  	 	 	=+R33	  
	 MMBTU
	 				 				 	 	=+G30	  	 	 	=+I30	  	 	 	=+I30	  	 	 	=+J30	  	 	 	=+K30	  	 	 	=+L30	  	 	 	=+M30	  	 	 	=+N30	  	 	 	=+O30	  	 	 	=+P30	  	 	 	=+Q30	  	 	 	=+R30	  
	 $’s
	 				 				 	 
  
	=+G72
 *G73
	  
   
	 	 
  
	=+I72
 *I73
	  
   
	 	 
  
	=+I72
 *I73
	  
   
	 	 
  
	=+J72
 *J73
	  
   
	 	 
  
	=+K72
 *K73
	  
   
	 	 
  
	=+L72
 *L73
	  
   
	 	 
  
	=+M72
 *M73
	  
   
	 	 
  
	=+N72
 *N73
	  
   
	 	 
  
	=+O72
 *O73
	  
   
	 	 
  
	=+P72
 *P73
	  
   
	 	 
  
	=+Q72
 *Q73
	  
   
	 	 
  
	=+R72
 *R73
	  
   

	 Prior Month:
	 				 				 	 	=+F21	  	 	 	=+H21	  	 	 	=+H21	  	 	 	=+I21	  	 	 	=+J21	  	 	 	=+K21	  	 	 	=+L21	  	 	 	=+M21	  	 	 	=+N21	  	 	 	=+O21	  	 	 	=+P21	  	 	 	=+Q21	  
	 $/MMBTU
	 				 				 	 	=+F33	  	 	 	=+H33	  	 	 	=+H33	  	 	 	=+I33	  	 	 	=+J33	  	 	 	=+K33	  	 	 	=+L33	  	 	 	=+M33	  	 	 	=+N33	  	 	 	=+O33	  	 	 	=+P33	  	 	 	=+Q33	  
	 MMBTU
	 				 				 	 	=+F31	  	 	 	=+H31	  	 	 	=+H31	  	 	 	=+I31	  	 	 	=+J31	  	 	 	=+K31	  	 	 	=+L31	  	 	 	=+M31	  	 	 	=+N31	  	 	 	=+O31	  	 	 	=+P31	  	 	 	=+Q31	  
	 $’s
	 				 				 	 
  
	=+G76
 *G77
	  
   
	 	 
  
	=+I76
 *I77
	  
   
	 	 
  
	=+I76
 *I77
	  
   
	 	 
  
	=+J76
 *J77
	  
   
	 	 
  
	=+K76
 *K77
	  
   
	 	 
  
	=+L76
 *L77
	  
   
	 	 
  
	=+M76
 *M77
	  
   
	 	 
  
	=+N76
 *N77
	  
   
	 	 
  
	=+O76
 *O77
	  
   
	 	 
  
	=+P76
 *P77
	  
   
	 	 
  
	=+Q76
 *Q77
	  
   
	 	 
  
	=+R76
 *R77
	  
   

	 Volume adjustment:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/MMBTU
	 				 				 	 	=+G76	  	 	 	=+I76	  	 	 	=+I76	  	 	 	=+J76	  	 	 	=+K76	  	 	 	=+L76	  	 	 	=+M76	  	 	 	=+N76	  	 	 	=+O76	  	 	 	=+P76	  	 	 	=+Q76	  	 	 	=+R76	  
	 MMBTU
	 				 				 	 	=+G32	  	 	 	=+I32	  	 	 	=+I32	  	 	 	=+J32	  	 	 	=+K32	  	 	 	=+L32	  	 	 	=+M32	  	 	 	=+N32	  	 	 	=+O32	  	 	 	=+P32	  	 	 	=+Q32	  	 	 	=+R32	  
	 $’s
	 				 				 	 
  
	=+G80
 *G81
	  
   
	 	 
  
	=+I80
 *I81
	  
   
	 	 
  
	=+I80
 *I81
	  
   
	 	 
  
	=+J80
 *J81
	  
   
	 	 
  
	=+K80
 *K81
	  
   
	 	 
  
	=+L80
 *L81
	  
   
	 	 
  
	=+M80
 *M81
	  
   
	 	 
  
	=+N80
 *N81
	  
   
	 	 
  
	=+O80
 *O81
	  
   
	 	 
  
	=+P80
 *P81
	  
   
	 	 
  
	=+Q80
 *Q81
	  
   
	 	 
  
	=+R80
 *R81
	  
   

	 Net Current Month Fixed Water:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/MMBTU
	 				 				 	 
  
	=+G86
 /G85
	  
   
	 	 
  
	=+I86
 /I85
	  
   
	 	 
  
	=+I86
 /I85
	  
   
	 	 
  
	=+J86
 /J85
	  
   
	 	 
  
	=+K86
 /K85
	  
   
	 	 
  
	=+L86
 /L85
	  
   
	 	 
  
	=+M86
 /M85
	  
   
	 	 
  
	=+N86
 /N85
	  
   
	 	 
  
	=+O86
 /O85
	  
   
	 	 
  
	=+P86
 /P85
	  
   
	 	 
  
	=+Q86
 /Q85
	  
   
	 	 
  
	=+R86
 /R85
	  
   

	 MMBTU
	 				 				 	 
  
  
	=+G73
 +G77

+G81
	  
   

  
	 	 
  
  
	=+I73
 +I77

+I81
	  
   

  
	 	 
  
  
	=+I73
 +I77

+I81
	  
   

  
	 	 
  
  
	=+J73
 +J77

+J81
	  
   

  
	 	 
  
  
	=+K73
 +K77

+K81
	  
   

  
	 	 
  
  
	=+L73
 +L77

+L81
	  
   

  
	 	 
  
  
	=+M73
 +M77

+M81
	  
   

  
	 	 
  
  
	=+N73
 +N77

+N81
	  
   

  
	 	 
  
  
	=+O73
 +O77

+O81
	  
   

  
	 	 
  
  
	=+P73
 +P77

+P81
	  
   

  
	 	 
  
  
	=+Q73
 +Q77

+Q81
	  
   

  
	 	 
  
  
	=+R73
 +R77

+R81
	  
   

  

	 $’s
	 				 				 	 
  
  
	=+G74
 +G78

+G82
	  
   

  
	 	 
  
  
	=+I74
 +I78

+I82
	  
   

  
	 	 
  
  
	=+I74
 +I78

+I82
	  
   

  
	 	 
  
  
	=+J74
 +J78

+J82
	  
   

  
	 	 
  
  
	=+K74
 +K78

+K82
	  
   

  
	 	 
  
  
	=+L74
 +L78

+L82
	  
   

  
	 	 
  
  
	=+M74
 +M78

+M82
	  
   

  
	 	 
  
  
	=+N74
 +N78

+N82
	  
   

  
	 	 
  
  
	=+O74
 +O78

+O82
	  
   

  
	 	 
  
  
	=+P74
 +P78

+P82
	  
   

  
	 	 
  
  
	=+Q74
 +Q78

+Q82
	  
   

  
	 	 
  
  
	=+R74
 +R78

+R82
	  
   

  

															
	 BREEZE
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Current Month:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 	=+G39	  	 	 	=+I39	  	 	 	=+I39	  	 	 	=+J39	  	 	 	=+K39	  	 	 	=+L39	  	 	 	=+M39	  	 	 	=+N39	  	 	 	=+O39	  	 	 	=+P39	  	 	 	=+Q39	  	 	 	=+R39	  
	 NT
	 				 				 	 	=+G36	  	 	 	=+I36	  	 	 	=+I36	  	 	 	=+J36	  	 	 	=+K36	  	 	 	=+L36	  	 	 	=+M36	  	 	 	=+N36	  	 	 	=+O36	  	 	 	=+P36	  	 	 	=+Q36	  	 	 	=+R36	  
	 $’s
	 				 				 	 
  
	=+G89
 *G90
	  
   
	 	 
  
	=+I89
 *I90
	  
   
	 	 
  
	=+I89
 *I90
	  
   
	 	 
  
	=+J89*
 J90
	  
   
	 	 
  
	=+K89
 *K90
	  
   
	 	 
  
	=+L89
 *L90
	  
   
	 	 
  
	=+M89
 *M90
	  
   
	 	 
  
	=+N89
 *N90
	  
   
	 	 
  
	=+O89
 *O90
	  
   
	 	 
  
	=+P89
 *P90
	  
   
	 	 
  
	=+Q89
 *Q90
	  
   
	 	 
  
	=+R89
 *R90
	  
   

	 Prior Month:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 	=+F39	  	 	 	=+H39	  	 	 	=+H39	  	 	 	=+I39	  	 	 	=+J39	  	 	 	=+K39	  	 	 	=+L39	  	 	 	=+M39	  	 	 	=+N39	  	 	 	=+O39	  	 	 	=+P39	  	 	 	=+Q39	  
	 NT
	 				 				 	 	=+F37	  	 	 	=+H37	  	 	 	=+H37	  	 	 	=+I37	  	 	 	=+J37	  	 	 	=+K37	  	 	 	=+L37	  	 	 	=+M37	  	 	 	=+N37	  	 	 	=+O37	  	 	 	=+P37	  	 	 	=+Q37	  
	 $’s
	 				 				 	 
  
	=+G93
 *G94
	  
   
	 	 
  
	=+I93
 *I94
	  
   
	 	 
  
	=+I93
 *I94
	  
   
	 	 
  
	=+J93
 *J94
	  
   
	 	 
  
	=+K93
 *K94
	  
   
	 	 
  
	=+L93
 *L94
	  
   
	 	 
  
	=+M93
 *M94
	  
   
	 	 
  
	=+N93
 *N94
	  
   
	 	 
  
	=+O93
 *O94
	  
   
	 	 
  
	=+P93
 *P94
	  
   
	 	 
  
	=+Q93
 *Q94
	  
   
	 	 
  
	=+R93
 *R94
	  
   

	 Volume adjustment:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 	=+F39	  	 	 	=+H39	  	 	 	=+H39	  	 	 	=+I39	  	 	 	=+J39	  	 	 	=+K39	  	 	 	=+L39	  	 	 	=+M39	  	 	 	=+N39	  	 	 	=+O39	  	 	 	=+P39	  	 	 	=+Q39	  
	 NT
	 				 				 	 	=+G38	  	 	 	=+I38	  	 	 	=+I38	  	 	 	=+J38	  	 	 	=+K38	  	 	 	=+L38	  	 	 	=+M38	  	 	 	=+N38	  	 	 	=+O38	  	 	 	=+P38	  	 	 	=+Q38	  	 	 	=+R38	  
	 $’s
	 				 				 	 
  
	=+G97
 *G98
	  
   
	 	 
  
	=+I97
 *I98
	  
   
	 	 
  
	=+I97
 *I98
	  
   
	 	 
  
	=+J97
 *J98
	  
   
	 	 
  
	=+K97
 *K98
	  
   
	 	 
  
	=+L97
 *L98
	  
   
	 	 
  
	=+M97
 *M98
	  
   
	 	 
  
	=+N97
 *N98
	  
   
	 	 
  
	=+O97
 *O98
	  
   
	 	 
  
	=+P97
 *P98
	  
   
	 	 
  
	=+Q97
 *Q98
	  
   
	 	 
  
	=+R97
 *R98
	  
   

	 Net Current Month Fixed Breeze:
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 $/NT
	 				 				 	 
  
	=+G103
 /G102
	  
   
	 	 
  
	=+I103
 /I102
	  
   
	 	 
  
	=+I103
 /I102
	  
   
	 	 
  
	=+J103
 /J102
	  
   
	 	 
  
	=+K103
 /K102
	  
   
	 	 
  
	=+L103
 /L102
	  
   
	 	 
  
	=+M103
 /M102
	  
   
	 	 
  
	=+N103
 /N102
	  
   
	 	 
  
	=+O103
 /O102
	  
   
	 	 
  
	=+P103
 /P102
	  
   
	 	 
  
	=+Q103
 /Q102
	  
   
	 	 
  
	=+R103
 /R102
	  
   

	 NT
	 				 				 	 
  
  
	=+G90
 +G94

+G98
	  
   

  
	 	 
  
  
	=+I90
 +I94

+I98
	  
   

  
	 	 
  
  
	=+I90
 +I94

+I98
	  
   

  
	 	 
  
  
	=+J90
 +J94

+J98
	  
   

  
	 	 
  
  
	=+K90
 +K94

+K98
	  
   

  
	 	 
  
  
	=+L90
 +L94

+L98
	  
   

  
	 	 
  
  
	=+M90
 +M94

+M98
	  
   

  
	 	 
  
  
	=+N90
 +N94

+N98
	  
   

  
	 	 
  
  
	=+O90
 +O94

+O98
	  
   

  
	 	 
  
  
	=+P90
 +P94

+P98
	  
   

  
	 	 
  
  
	=+Q90
 +Q94

+Q98
	  
   

  
	 	 
  
  
	=+R90
 +R94

+R98
	  
   

  

	 $’s
	 				 				 	 
  
  
	=+G91
 +G95

+G99
	  
   

  
	 	 
  
  
	=+I91
 +I95

+I99
	  
   

  
	 	 
  
  
	=+I91
 +I95

+I99
	  
   

  
	 	 
  
  
	=+J91
 +J95

+J99
	  
   

  
	 	 
  
  
	=+K91
 +K95

+K99
	  
   

  
	 	 
  
  
	=+L91
 +L95

+L99
	  
   

  
	 	 
  
  
	=+M91
 +M95

+M99
	  
   

  
	 	 
  
  
	=+N91
 +N95

+N99
	  
   

  
	 	 
  
  
	=+O91
 +O95

+O99
	  
   

  
	 	 
  
  
	=+P91
 +P95

+P99
	  
   

  
	 	 
  
  
	=+Q91
 +Q95

+Q99
	  
   

  
	 	 
  
  
	=+R91
 +R95

+R99
	  
   

  

															
	 FURNACE COKE SHIPPED (final)
	 	 	NT	  	 				 	 
 
  

 
  

 

 
 
 

 
	=+’inv
prep

data

input’

!G24+

’inv

prep
data
input’
 !G25
	  
  
  

  

  

  

  
  
  
   
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!H24+

’inv

prep

data

input’

!H25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!I24+

’inv

prep

data

input’

!I25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!J24+

’inv

prep

data

input’

!J25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!K24+

’inv

prep

data

input’

!K25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!L24+

’inv

prep

data

input’

!L25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!M24+

’inv

prep

data

input’

!M25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!N24 +

’inv

prep

data

input’

!N25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!O24 +

’inv

prep

data

input’

!O25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!P24+

’inv

prep

data

input’

!P25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 
  

 
  
	=+’inv
 prep

data

input’

!Q24+

’inv

prep

data

input’

!Q25
	  
   

  

  

  

  

  

  

  

  
	 	 
  

 
  

 
  

 

 
 

 
	=+’inv
 prep

data

input’

!R24+

’inv

prep

data
input’
 !R25
	  
   

  

  

  

  

  

  
  

  

	 Coke price for the month
	 	 
 	$/
NT	 
  	 				 	 
  
  
  
	=ROUND
 (+G4+G5

+G6+G7

+G12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+H4+H5

+H6+H7

+H12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+I4+I5

+I6+I7

+I12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+J4+J5

+J6+J7

+J12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+K4+K5

+K6+K7

+K12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+L4+L5

+L6+L7

+L12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+M4+M5

+M6+M7

+M12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+N4+N5

+N6+N7

+N12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+O4+O5

+O6+O7

+O12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+P4+P5

+P6+P7

+P12,2)
	  
   

  
   
	 	 
  
  
  
	=ROUND
 (+Q4+Q5

+Q6+Q7

+Q12,2)
	  
   

  
   
	 	 
 
  

 
	=ROUND
(+R4+R5
 +R6+R7

+R12,2)
	  
  
   

  

	 Other coal costs
	 	 
 	$/
NT	 
  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
															
	 O&M Component
	 	 
 	$/
NT	 
  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Fixed Price Component
	 	 
 	$/
NT	 
  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Insurance Component
	 	 
 	$/
NT	 
  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 Not identified at this time
	 	 
 	$/
NT	 
  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
															
	 Sum of Production Blend Periods
	 				 				 				 				 				 				 				 				 				 				 				 				 				 			
	 Total Coke Sales adjusted to *****.0%
	 	 	NT	  	 				 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

G$13:

G6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

H$13:

H6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

I$13:

I6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

J$13:

J6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

K$13:

K6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

L$13:

L6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

M$13:

M6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

N$13:

N6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

O$13:

O6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

P$13:

P6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,
 ”NT
”,
 Q$13:
 Q6000)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6000,

”NT”,

R$13:

R6000)
	  
   

  
   

  
   

	 (Diff should be zero)
	 	 	NT	  	 				 	 	=+G2-G9	  	 	 	=+H2-H9	  	 	 	=+I2-I9	  	 	 	=+J2-J9	  	 	 	=+K2-K9	  	 	 	=+L2-L9	  	 	 	=+M2-M9	  	 	 	=+N2-N9	  	 	 	=+O2-O9	  	 	 	=+P2-P9	  	 	 	=+Q2-Q9	  	 	 	=+R2-R9	  
		 	 	$	  	 				 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

G$13:

G6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

H$13:

H6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

I$13:

I6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

J$13:

J6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

K$13:

K6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

L$13:

L6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

M$13:

M6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

N$13:

N6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

“$”,

O$13:

O6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

P$13:
 P6
002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

Q$13:

Q6002)
	  
   

  
   

  
   
	 	 
  
  
  
  
  
	=SUMIF
 ($E$13:

$E6002,

”$”,

R$13:

R6002)
	  
   

  
   

  
   

		 	 
 	$/
NT	 
  	 				 	 
  
  
	=IF(G9
 =0,0,

+G11/G9)
	  
   

  
	 	 
  
  
	=IF(H9
 =0,0,

+H11/H9)
	  
   

  
	 	 
  
  
	=IF(I9
 =0,0,

+I11/I9)
	  
   

  
	 	 
  
  
	=IF(J9
 =0,0,

+J11/J9)
	  
   

  
	 	 
  
  
	=IF(K9
 =0,0,

+K11/K9)
	  
   

  
	 	 
  
  
	=IF(L9
 =0,0,

+L11/L9)
	  
   

  
	 	 
  
  
	=IF(M9
 =0,0,

+M11/M9)
	  
   

  
	 	 
  
  
	=IF(N9
 =0,0,

+N11/N9)
	  
   

  
	 	 
  
  
	=IF(O9
 =0,0,

+O11/O9)
	  
   

  
	 	 
  
  
	=IF(P9
 =0,0,

+P11/P9)
	  
   

  
	 	 
  
  
	=IF(Q9
 =0,0,

+Q11/Q9)
	  
   

  
	 	 
  
  
	=IF(R9
 =0,0,

+R11/R9)
	  
   

  

  

SCHEDULE 3.6(h) 
 PAGE 12 

																																																							
	 	 	U of M	 	 	Dec
py	 	Jan	 	 	Feb	 	 	Mar	 	 	Apr	 	 	May	 	 	Jun	 	 	Jul	 	 	Aug	 	 	Sep	 	 	Oct	 	 	Nov	 	 	Dec	 
	Add periods as needed	 				 		 				 				 				 				 				 				 				 				 				 				 				 			
	 Aug 1-5
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G14
 *G15
	  
   
	 	 
  
	=+H14
 *H15
	  
   
	 	 
  
	=+I14
 *I15
	  
   
	 	 
  
	=+J14
 *J15
	  
   
	 	 
  
	=+K14
 *K15
	  
   
	 	 
  
	=+L14
 *L15
	  
   
	 	 
  
	=+M14
 *M15
	  
   
	 	 
  
	=+N14
 *N15
	  
   
	 	 
  
	=+O14
 *O15
	  
   
	 	 
  
	=+P14
 *P15
	  
   
	 	 
  
	=+Q14
 *Q15
	  
   
	 	 
  
	=+R14
 *R15
	  
   

	 Aug 6-23
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G17
 *G18
	  
   
	 	 
  
	=+H17
 *H18
	  
   
	 	 
  
	=+I17
 *I18
	  
   
	 	 
  
	=+J17
 *J18
	  
   
	 	 
  
	=+K17
 *K18
	  
   
	 	 
  
	=+L17
 *L18
	  
   
	 	 
  
	=+M17
 *M18
	  
   
	 	 
  
	=+N17
 *N18
	  
   
	 	 
  
	=+O17
 *O18
	  
   
	 	 
  
	=+P17
 *P18
	  
   
	 	 
  
	=+Q17
 *Q18
	  
   
	 	 
  
	=+R17
 *R18
	  
   

	 Aug 24-31
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G20
 *G21
	  
   
	 	 
  
	=+H20
 *H21
	  
   
	 	 
  
	=+I20
 *I21
	  
   
	 	 
  
	=+J20
 *J21
	  
   
	 	 
  
	=+K20
 *K21
	  
   
	 	 
  
	=+L20
 *L21
	  
   
	 	 
  
	=+M20
 *M21
	  
   
	 	 
  
	=+N20
 *N21
	  
   
	 	 
  
	=+O20
 *O21
	  
   
	 	 
  
	=+P20
 *P21
	  
   
	 	 
  
	=+Q20
 *Q21
	  
   
	 	 
  
	=+R20
 *R21
	  
   

	 BLANK
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G23
 *G24
	  
   
	 	 
  
	=+H23
 *H24
	  
   
	 	 
  
	=+I23
 *I24
	  
   
	 	 
  
	=+J23
 *J24
	  
   
	 	 
  
	=+K23
 *K24
	  
   
	 	 
  
	=+L23
 *L24
	  
   
	 	 
  
	=+M23
 *M24
	  
   
	 	 
  
	=+N23
 *N24
	  
   
	 	 
  
	=+O23
 *O24
	  
   
	 	 
  
	=+P23
 *P24
	  
   
	 	 
  
	=+Q23
 *Q24
	  
   
	 	 
  
	=+R23
 *R24
	  
   

	 BLANK
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G26
 *G27
	  
   
	 	 
  
	=+H26
 *H27
	  
   
	 	 
  
	=+I26
 *I27
	  
   
	 	 
  
	=+J26
 *J27
	  
   
	 	 
  
	=+K26
 *K27
	  
   
	 	 
  
	=+L26
 *L27
	  
   
	 	 
  
	=+M26
 *M27
	  
   
	 	 
  
	=+N26
 *N27
	  
   
	 	 
  
	=+O26
 *O27
	  
   
	 	 
  
	=+P26
 *P27
	  
   
	 	 
  
	=+Q26
 *Q27
	  
   
	 	 
  
	=+R26
 *R27
	  
   

	 BLANK
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G29
 *G30
	  
   
	 	 
  
	=+H29
 *H30
	  
   
	 	 
  
	=+I29
 *I30
	  
   
	 	 
  
	=+J29
 *J30
	  
   
	 	 
  
	=+K29
 *K30
	  
   
	 	 
  
	=+L29
 *L30
	  
   
	 	 
  
	=+M29
 *M30
	  
   
	 	 
  
	=+N29
 *N30
	  
   
	 	 
  
	=+O29
 *O30
	  
   
	 	 
  
	=+P29
 *P30
	  
   
	 	 
  
	=+Q29
 *Q30
	  
   
	 	 
  
	=+R29
 *R30
	  
   

	 BLANK
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G32
 *G33
	  
   
	 	 
  
	=+H32
 *H33
	  
   
	 	 
  
	=+I32
 *I33
	  
   
	 	 
  
	=+J32
 *J33
	  
   
	 	 
  
	=+K32
 *K33
	  
   
	 	 
  
	=+L32
 *L33
	  
   
	 	 
  
	=+M32
 *M33
	  
   
	 	 
  
	=+N32
 *N33
	  
   
	 	 
  
	=+O32
 *O33
	  
   
	 	 
  
	=+P32
 *P33
	  
   
	 	 
  
	=+Q32
 *Q33
	  
   
	 	 
  
	=+R32
 *R33
	  
   

	 BLANK
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G35
 *G36
	  
   
	 	 
  
	=+H35
 *H36
	  
   
	 	 
  
	=+I35
 *I36
	  
   
	 	 
  
	=+J35
 *J36
	  
   
	 	 
  
	=+K35
 *K36
	  
   
	 	 
  
	=+L35
 *L36
	  
   
	 	 
  
	=+M35
 *M36
	  
   
	 	 
  
	=+N35
 *N36
	  
   
	 	 
  
	=+O35
 *O36
	  
   
	 	 
  
	=+P35
 *P36
	  
   
	 	 
  
	=+Q35
 *Q36
	  
   
	 	 
  
	=+R35
 *R36
	  
   

	 BLANK
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G38
 *G39
	  
   
	 	 
  
	=+H38
 *H39
	  
   
	 	 
  
	=+I38
 *I39
	  
   
	 	 
  
	=+J38
 *J39
	  
   
	 	 
  
	=+K38
 *K39
	  
   
	 	 
  
	=+L38
 *L39
	  
   
	 	 
  
	=+M38
 *M39
	  
   
	 	 
  
	=+N38
 *N39
	  
   
	 	 
  
	=+O38
 *O39
	  
   
	 	 
  
	=+P38
 *P39
	  
   
	 	 
  
	=+Q38
 *Q39
	  
   
	 	 
  
	=+R38
 *R39
	  
   

	 BLANK
	 	 	NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$/NT	  	 		 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 	 	$    	  	 		 	 
  
	=+G41
 *G42
	  
   
	 	 
  
	=+H41
 *H42
	  
   
	 	 
  
	=+I41
 *I42
	  
   
	 	 
  
	=+J41
 *J42
	  
   
	 	 
  
	=+K41
 *K42
	  
   
	 	 
  
	=+L41
 *L42
	  
   
	 	 
  
	=+M41
 *M42
	  
   
	 	 
  
	=+N41
 *N42
	  
   
	 	 
  
	=+O41
 *O42
	  
   
	 	 
  
	=+P41
 *P42
	  
   
	 	 
  
	=+Q41
 *Q42
	  
   
	 	 
  
	=+R41
 *R42
	  
   

  
  

  

SCHEDULE 3.6(h) 
 PAGE 13 

 Schedule 4.2(f) 

Provisional Guaranteed Coke Quality Standards 
  

																	
	 Coke Quality Parameter
	  	Mean	 	  	Weekly
Threshold for
Quality	 	  	Coke Price Adjustment Actual
Penalty is per the applicable
Formula; Coke
Price
Adjustment in the following
examples assumes a Coke Price
of $200)	 	  	Daily Reject
Standards	 
	 Moisture(%)
	  	 	*****%	  	  	 	*****	  	  	 	*****	  	  	 	*****%	  
	 Sulfur (%)(dty basis)
	  	 	*****	  	  	 	*****	  	  	 	*****$*****%	  	  	 	*****	  
	 Ash (%) (dry basis)
	  	 	*****	  	  	 	*****	  	  	 	*****$*****%	  	  	 	*****	  
	 V.M.(%)(dry basis)
	  	 	*****	  	  	 	*****	  	  	 	*****$*****%	  	  	 	*****	  
	 Stability
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 CSR
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Phosphorous
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Size
	  	 	*****	  	  	 	*****%*****	  	  	 	*****$*****%	  	  	 	*****%*****	  

  

	*	To be determined based on the composition of the selected Coal Blend. Provided, except for CSR and Size, the percentage difference in respect of the weekly threshold
and daily reject standards relative to the mean of the applicable quality parameter set forth in this Schedule 4.2(f) is the same percentage difference in respect of the weekly threshold and daily reject standards relative to the mean of the
applicable quality parameter set forth in Schedule 5.1.b. 

 The manner of determining the
moisture penalty and credit hereunder shall be the same manner set forth in Schedule 5.1(b). 
 The manner of determining the
price adjustments in respect of ash, sulfur, V.M. and size hereunder shall be the same manner set forth in Schedule 5.1(b). 

  

SCHEDULE 4.2(f) 
 PAGE 1 

 Schedule 5.1(b) 

Guaranteed Coke Quality Standards 
  

																	
	 Coke Quality Parameter
	  	Mean	 	  	Weekly Threshold
for Quality	 	  	Coke Price Adjustment
Actual Penalty is per the
applicable Formula; Coke
Price Adjustment in
the
following examples assumes
a Coke Price of $200)	 	  	Daily Reject
Standards	 
	 Moisture(%)
	  	 	*****%	  	  	 	*****	  	  	 	*****	  	  	 	*****%	  
	 Sulfur (%)(dry basis)
	  	 	*****%	  	  	 	*****%	  	  	 	*****$*****%	  	  	 	*****%	  
	 Ash (%) (dry basis)
	  	 	*****%	  	  	 	*****%	  	  	 	*****$*****%	  	  	 	*****%	  
	 V.M.(%)(dry basis)
	  	 	*****%	  	  	 	*****%	  	  	 	*****$*****%	  	  	 	*****%	  
	 Stability
	  	 	*****	  	  	 	*****	  	  	 	*****$*****	  	  	 	*****	  
	 CSR
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Phosphorous
	  	 	*****	  	  	 	*****%	  	  	 	*****	  	  	 	*****%	  
	 Size
	  	 	*****	  	  	 	*****%*****%	  	  	 	*****$*****%	  	  	 	*****%*****	  

 Moisture Penalty and Credit — For each percent (*****%) variation in respect of Coke that contains more than *****
percent *****%) moisture, the Contract Price will be decreased by $*****. For each percent (*****%) variation in respect of Coke that contains less than ***** percent (*****%) moisture, the Contract Price will be increased by $*****. For Coke that
contains between ***** percent (*****%) and ***** percent (*****%) moisture, there shall be no adjustment to the Contract Price. 
 Note:
Moisture variances will be calculated to one one-hundredths of one percent (00.00%) 
 Formulas for Determining Stability,
Ash, Sulfur V.M. and Size Price Adjustment 
 The following adjustments were based on McMasters Rules of Thumb and an assumed coke rate of
900 # / NTHM. The examples are based on a Coke Price of $*****. The actual penalties will be based on the actual Coke Price. 

Stability 

-1 Stability = +***** 
 Coke Price reduction = ***** 
 Example - Stability shortfall of *****

 Coke Price reduction = ***** 
 Coke Price reduction = (16/916) * $200 
 Coke Price reduction = $*****

 Note: Stability shortfalls will be calculated to one one-tenth of one point (0.0 pts.) 

  

SCHEDULE 5.1(b) 
 PAGE 1 

 Ash 
 *****Example - ***** 
 Coke Price reduction = ***** 

Coke Price reduction = ***** 
 Coke Price reduction = ***** 
 Coke Price reduction = $***** 

Note: Ash increases will be calculated to one one-hundredths of one percent (0.00%) 

Sulfur 

***** 
 Coke Price reduction = ***** 
 Example - *****% (*****%*****%) 

Coke Price reduction = ***** 
 Coke Price reduction = ***** 
 Coke Price reduction = *****

 Coke Price reduction = $***** Note: Sulfur increases will be calculated to one one-hundredths of one percent (0.00%)

 Size 
 For every *****, the Coke Price reduction will be: 
 ***** 

Note: Size shortfalls will be calculated to one one-tenth of one percent (0.0%). 

V.M. 
 For
every ***** the Coke Price reduction will be: 
 ***** 
 Note: V.M. shortfalls will be calculated to one one-hundredth of one percent (0.00%). 

  

SCHEDULE 5.1(b) 
 PAGE 2 

 Schedule 5.2 
 Conforming Feed Water Quality Specifications 
 CONFORMING FEED WATER
SPECIFICATIONS 
  

									
	 Parameter
	  	Units	 	  	Value	 
	 Temperature
	  	 	Deg F	  	  	 	*****	  
	 pH
	  				  	 	*****	  
	 Cation Conductivity
	  	 	mmhos/cm	  	  	 	*****	  

 Notes: 

Nominal Steam pressure is ***** psig at the turbine inlet. 
 Nominal Feed Water pressure is ***** psig, subject to a maximum pressure of ***** psig. 
 The
Parties acknowledge that control parameters for Feed Water and Steam which are not explicitly indicated in this document are expected to conform to standard industry guidelines and recommendations set forth by American Boiler Manufacturers
Association (ABMA) and American Society of Mechanical Engineers (ASME) and will be set forth in a protocol developed pursuant to Section 5.5 of the Agreement. 

  

SCHEDULE 5.2 
 PAGE 1 

 Schedule 5.3 
 Conforming Steam Quality Specifications 
 CONFORMING FEED WATER
SPECIFICATIONS 
  

									
	 Parameter
	  	Units	 	  	Value	 
	 Temperature
	  	 	Deg F	  	  	 	*****	  
	 Sodium
	  	 	ppm	  	  	 	*****	  
	 Silica
	  	 	ppm	  	  	 	*****	  

 Notes: 

Nominal Steam pressure is ***** psig at the turbine inlet. 
 Nominal Feed Water pressure is ***** psig, subject to a maximum of ***** psig. 
 The Parties
acknowledge that control parameters for Feed Water and Steam which are not explicitly indicated in this document are expected to conform to standard industry guidelines and recommendations set forth by American Boiler Manufacturers
Association (ABMA) and American Society of Mechanical Engineers (ASME) and will be set forth in a protocol developed pursuant to Section 5.5 of the Agreement. 

  

SCHEDULE 5.3 
 PAGE 1 

 Schedule 6.2 
 Targeted Coke Production 
  

																																					
	 Coal Blend Volatile Matter
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  
	 Coke produced TPY
	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  	  	 	*****	  

  

SCHEDULE 6.2 
 PAGE 1 

 Schedule 6.13 
 Estimates of Provider Natural Gas Consumption 
 NATURAL GAS USAGE – 

PROJECTION BASED ON HAVERHILL USAGE 
  

																																																	
	Day	 	Press	 	 	Temp	 	 	Period
Usage
(MCF)	 	 	Heat
Fctr
(BTU)	 	 	Daily Usage
(DTH)
***** Ovens	 	 	Daily Usage
(DTH)
***** Ovens	 	 	 	 	 	 Daily
Usage
(BTU)

***** Oven
Heatup
	 	 	 Daily Usage
 (BTU/HR)
 ***** Oven
Heatup
	 	 	 Daily
Usage
 (BTU)
 ***** Oven
Heatup
	 	 	 Daily Usage
 (BTU/HR)
 ***** Oven
Heatup
	 	 	 Daily
Usage

(BTU/HR/OVEN)
Heatup
	 
	 1
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 2
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 3
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 4
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 5
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 6
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 7
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 8
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 9
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 10
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 11
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 12
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 13
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 14
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 15
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
	 16
	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 				 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  	 	 	*****	  
		 				 				 				 				 				 				 				 	 	*****	  	 				 	 	*****	  	 				 			
		 				 				 				 				 	 	*****	  	 	 	*****	  	 				 	$	*****	  	 				 	$	*****	  	 				 			
		 				 				 				 				 				 				 				 	$	*****	  	 	 
 	*****Oven
Battery	  
  	 	$	*****	  	 	 
 	*****Oven
Battery	  
  	 			
		 				 				 				 				 	 	Total OM	  	 	 	*****	  	 	 
 	*****
Ovens	  
  	 				 	 	Protected Cost	  	 	$	*****	  	 	 	***** Ovens	  	 			
		 				 				 				 				 				 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 			

  

SCHEDULE 6.13 
 PAGE 1 

 Schedule 8.3 
 Government Mandated Additional Capital Expenditures (Example) 
  

					
	 Commencement of first Contract Year:
	  	 	01/01/08	  
		
	 End of Term:
	  	 	12/31/23	  
		
	 Completion Date for Government Mandated Additional Capital Expenditures:
	  	 	4/30/17	  
		
	 Number of partial or complete Contract Years Remaining the Term:
	  	 	6.00	  
		
	 Amortization Period (*****):
	  	 	*****	  
		
	 Interest Rate (pre-tax):
	  	 	*****	% 
		
	 Cost of Applicable Government Mandated Additional Capital Expenditure:
	  	$	*****	  
		
	 Monthly Amortized Cost:
	  	$	*****	  
		
	 *****% of such Monthly Amortized Cost (payable by Off-Taker)
	  	$	*****	  
		
	 Unamortized Balance at End of Initial Term (not payable by Off-Taker):
	  	$	*****	  

  

SCHEDULE 8.3 
 PAGE 1 

 EXHIBIT A 
 Tax Credit Agreement 
 DEPARTMENT OF TREASURY INTERNAL REVENUE SERVICE

 CLOSING AGREEMENT 
 Under § 7121 of the Internal Revenue Code, Sunoco, Inc., 1735 Market Street, Suite LL, Philadelphia, PA 19103-7583 (TIN: 23-1743282), on behalf of itself and as agent for Gateway Energy &
Coke Company LLC, 1111 Northshore Drive, Suite N600, Knoxville, TN 37919-4073 (TIN: 20-4816254, a Member of Sunoco, Inc.’s affiliated group, and the Commissioner of internal Revenue (“Commissioner”) make the knowing closing agreement:

 WHEREAS: 

1. Gateway Energy & Coke Company LLC (“Gateway’) is a wholly-owned subsidiary of Sun Coal & Coke Company and
Sun Coal & Coke Company is a wholly-owned subsidiary of Sunoco, Inc. (Sunoco”); 
 2. On or before October 2,
2006, Gateway submitted to the Internal Revenue Service (“IRS”), an application for certification under the qualifying gasification project program described In Notice 2006-25 (“Application for § 48B Certification”);

 3. Gateways Application for § 48B Certification is for the qualifying gasification project (the ‘Project”)
described below 
 (1) The Project will be located in Granite City, Madison County, Illinois; 

(2) The Project will have a design capacity to, supply at least 1.57 mscf (million standard cubic feet) per hour of synthesis as that Is
composed primarily of carbon monoxide and hydrogen for direct use or subsequent chemical or physical conversion; 
 (3) The
fuels identified in § 48B(c)(2) will at all times cumulatively comprise at least 90 percent (as measured in Btu on an. energy input basis) of the total fuels (fuels identified in § 48B(c)(2) and any other fuel input) required by the
Project for normal plant operations (operations other than initial plant certification, plant startup periods, plant shutdown periods, periods of gasification system maintenance during which the interconnected gasifier(s) is shutdown, or
interruptions of the supply of fuels identified In § 48B(c)(2) to the Project resulting from an event of farce majeure (including an Act of God, war, strike, or other similar event beyond the control of Gateway)) for the production of chemical
feedstocks, liquid transportation fuels, or co-production of electricity; and 
 (4) The Project is entitled to priority under
Notice 2006-25 both for carbon capture capability (as defined in § 48B(c)(5)) or use of renewable fuels and because the project team has experience that demonstrates successful and reliable operations of the gasification technology on domestic
fuels identified in § 48B(c)(2); and 

  

EXHIBIT A 
 PAGE 1 

 4. On November 20, 2006, the IRS accepted Gateways Application for § 48B
Certification for the Project and allocated a qualifying gasification project credit under § 48B in the amount of $***** to the Project. 

NOW IT IS HEREBY DETERMINED AND AGREED FOR FEDERAL INCOME TAX PURPOSES THAT: 
 1. The total amount of the qualifying gasification project credit to be claimed for the Project under § 48B(a) must not exceed $*****. 

2. If the Project is not placed in service by Gateway Within 7 years of November 29, 2006, the qualifying gasification project
credit in the amount of $***** allocated to the Project is, fully forfeited. 
 3. If the Project does not have a design
capacity to supply synthesis gas in the amount of at least 1.57 mscf per hour on the date the Project is placed in service, the qualifying gasification project credit in the amount of $***** allocated to the Project Is reduced proportionately.

 4. (1) If the Project fails to use gasification technology as defined in § 48B(c)(2) or is not carried out by art
eligible entity as defined in § 48B(c)(7), the qualifying gasification project credit in the amount of $***** allocated to the Project is fully forfeited. 
 (2) if, at any time, the fuels identified in § 48B(c)(2) with respect to the gasification technology for the Project do not cumulatively comprise at least 90 percent (as measured in eta on an energy
input basis) of the total fuels (fuels identified in § 48B(c)(2) and any other fuel input) required by the Project for normal plant operations (operations other-than: initial plant certification, plant startup periods, plant shutdown periods,
periods of gasification system maintenance during which the interconnected gasifier(s) is shutdown, or interruptions of the supply of fuels identified In § 48B(c)(2) to the Project resulting from an event of force Majeure (including an Act of
God, war, strike, or other similar event beyond the control of Gateway)) for the production of chemical feedstocks, liquid transportation fuels, or co-production of electricity, the Project cease to be investment credit property and the recapture
rules of § 50(a) apply. 
 (3) if the Project fails to provide for either carbon capture capability (as defined in §
48B(c)(5)) or use of renewable fuels on-the date the Project is placed in service, the qualifying gasification project credit in the amount of $***** allocated to the Project is fully forfeited. 

5. Sunoco and Gateway (collectively, the ‘Taxpayers’) will not claim the qualifying advanced coal project credit under
§48A for any qualified investment for which the qualifying gasification project credit is allowed under § 48B, 
 6.
If Taxpayers elect to claim the qualifying gasification project credit on the qualified progress expenditures paid or incurred by Gateway during the taxable year(s) during which the Project is under construction and if the Project ceases to be a
qualifying gasification project (before, at the time, or after the Project is placed in service), rules similar to the recapture rules in § 50(a)(2)(A) through (D) apply, 

  

EXHIBIT A 
 PAGE 2 

 7. This agreement applies only to Taxpayers. Any successor in interest must execute a new
closing agreement with the IRS. If the interest is acquired at or before the time the Project is placed In service and the successor in interest fails to execute a new closing agreement, the qualifying gasification project credit in the amount of
$***** allocated to the Project is fully forfeited, If the interest is acquired after the time the Project is placed In service and the successor in interest fails to execute a new closing agreement, the Project ceases to be Investment credit
property and the recapture rules of § 50(a) apply, 
 THIS AGREEMENT IS FINAL AND CONCLUSIVE EXCEPT: 

1. The matter it relates to may be reopened in the event of fraud, malfeasance, or misrepresentation of a material fact; 

2. it is subject to the Internal Revenue Code sections that expressly provide that effect be given to their provisions (including any
stated exception for § 7122) notwithstanding any rule of law; and 
 3. If it relates to a tax period ending after the date
of this Closing Agreement, it is subject to any law enacted after such date, which applies to the tax period. 
 By signing, the parties certify
that they have read and agreed to the terms of this Closing Agreement. 
  

											
	Taxpayer: Sunoco, Inc. (TIN: 23-1743282)	 	
						
	By:	 		 	  
	 		 	Date Signed:	 	  

		 		 	Michael H.R. Dingus	 		 		 	
	Title:	 		 	Senior Vice President Sunoco, Inc.	 		 		 	
			
	Commissioner of Internal Revenue	 		 	
						
	By:	 	By:	 	  
	 		 	Date Signed:	 	  

		 		 	William P. O’Shea	 		 		 	
	Title:	 	 Associate Chief Counsel, Passthroughs
 and Special Industries, CC:PSI
	 		 		 	

  

EXHIBIT A 
 PAGE 3

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