Document:

Document

December 4, 2020

Stephanie L. Gill
360 Hays Road
Upper St. Clair, PA 15241

Dear Stephanie,

As discussed, I understand that you are retiring from CNX Resources Corporation (the “Company” or “CNX”) on December 14, 2020.  As of that date (the “Retirement Date”), you are no longer expected or required to provide any services to the Company, except as provided in this letter agreement.  Further, you agree that, effective as of the Retirement Date, you hereby resign from all other positions you hold as an officer or director of the Company or any of its subsidiaries and affiliates.
As a consequence of your retirement, you are entitled to receive the following (regardless of whether you sign this agreement): 
1.    Final Wages:  Your wages for your work through the Retirement Date which will be paid to you on the Retirement Date or the next payroll date when those wages would otherwise be due.   
2.    Continued Healthcare Insurance:  The Company will provide you with continued dental coverage through January 31, 2021.  You will receive information under separate cover regarding any rights you may have to group health continuation coverage.  
3.    Unused Vacation:  The Company already has or will pay you for unused vacation time for 2020 as of your last day of work (minus applicable withholdings and deductions) on the next payroll date. 
4.    Defined Contribution Restoration Plan:  You will continue to be entitled to benefits under the Company’s Defined Contribution Restoration Plan, consistent with the terms and conditions of the Plan as amended or may be amended from time-to-time.
5.    Supplemental Retirement Plan:  You will continue to be entitled to benefits under the Company’s Supplemental Executive Retirement Plan (“SERP”), consistent with the terms and conditions of the SERP as amended or may be amended from time-to-time.
We remind you that you continue to be bound by the Company’s policies and your contractual commitments, including, without limitation, protecting the Company’s and its subsidiaries’ and affiliates’ confidential business information, which are subject to any laws that require, permit or protect disclosure of such confidential information.  With regard solely to Range Resources Corporation, EQT Corporation, Cabot Oil and Gas Corporation and CONSOL Energy Inc., you will, for a period of three years after the Retirement  Date, continue to be subject to the non-compete obligations included in your equity award agreements. 
In addition, in exchange for the release (and non-revocation of this agreement) as provided below, the Company will pay you the following severance benefits (the “Severance Payment and Benefits”). 
1.Lump Sum Payment.  The Company will pay you a lump sum payment on the first available payroll date following your execution and return of this agreement, and your non-revocation of this agreement during the 7-day Revocation Period described below.  Your total gross lump sum 

payment equals $453,334.00 (four hundred fifty three thousand three hundred thirty four dollars) less applicable withholdings and deductions. 
 
2.Equity Vesting (Outstanding Awards). Except as otherwise provided herein, you will continue to keep your equity incentive awards (and related Shares (as defined below) issued thereunder) granted under the CNX Resources Corporation Equity and Incentive Compensation Plan (the “Plan”), to the extent vested, as of the Retirement Date.  Additionally, in consideration both for your signing the release in this agreement, and for your compliance with the terms and provisions of this agreement during and through the vesting periods noted below, the unvested equity incentive awards granted to you under the Plan shall vest as follows:  

•RSUs.  The unvested Restricted Stock Unit awards granted to you under the Company’s Equity Incentive Plan (as amended and restated, the “Plan”) in 2019 and 2020 shall accelerate and vest on the Retirement Date;  

•Options.   Option awards granted to you under the Plan prior to 2016 can be exercised by you for ninety (90) days after your Retirement  Date.  Option awards granted to you under the Plan in 2020 shall remain outstanding and continue to be subject to the original vesting schedule.  Further, these option awards, along with the option awards granted in 2016, shall remain exercisable until the option expiration date set forth in the related option award agreement (i.e., 10 years from the grant date); and, 

•PSUs.  Performance Share Unit awards granted to you in 2019 and 2020, are vested, with the outstanding annual tranches of such awards continuing to be subject to attainment of applicable performance goals as determined by the Compensation Committee of the Board of Directors of the Company (“Compensation Committee”) after the end of the applicable performance period (for the avoidance of doubt, the outstanding annual tranches of the 2016, 2017, and 2018 performance award share unit awards, which previously vested as a result of a change of control pursuant to the CIC Agreement in 2019, also continue to be subject to the attainment of the applicable performance goals as determined by the Compensation Committee after the end of the applicable performance period).   
Except as otherwise provided herein, the terms and conditions of such equity awards shall remain in full force and effect, including, without limitation, the restrictive covenants contained therein.
3.STIC. You will be entitled to payment under the 2020 short-term incentive compensation program for Section 16 officers (“STIC”), with a performance period of January 1, 2020 through December 31, 2020, with such cash payment determined after the end of the performance period based on achievement of the applicable performance goals and, with respect to the company component of the 2020 STIC, it shall be the same as for all other Section 16 officers, and in the case of the individual component of the 2020 STIC, you will be paid an amount equal to the average score of the Company’s Section 16 officers (excluding yourself).  Your 2020 STIC award will not be pro-rated and will be paid to you by the Company at the same time that 2020 STIC payments are paid to the Company’s employees and on or before March 15, 2021. For clarification purposes only, the Company component of your 2020 STIC is estimated to be 200% of target payout.

4.Change in Control.  With regard to your Change in Control Agreement dated November 5, 2012 (“CIC Agreement”), to the extent a Change in Control event (as defined in the CIC Agreement) occurs within 24 months after the Retirement Date or an acquisition agreement is signed within such period, the Company will pay you the severance and other benefits in cash provided under the CIC Agreement, including the amounts set forth in  Section 2(b) of the CIC Agreement, upon the closing of the Change in Control.  The parties hereto expressly recognize that this extension of the CIC term supersedes and replaces any other conflicting term, including Section 13 of the CIC Agreement, and the CIC Agreement shall be deemed amended to give effect to this paragraph.   For purposes of the CIC Agreement and irrespective of when a CIC event occurs, the term “Base Pay” shall mean $340,000 and the term “Incentive Pay” shall mean the STIC paid pursuant to the immediately preceding paragraph in Section 3.  To the extent that the CIC Agreements for any of the Section 16 officers are amended (or they enter into any other agreements that are intended to have the effect of supplementing or replacing the CIC Agreements) in a manner that is or could be a benefit to such Section 16 officer (excluding the multiplier set forth in Section 2(b)(i) of the agreements, but including any expansion of the definition of a Change in Control for example), you shall be notified  of the amendment, replacement or supplemental agreement and your CIC Agreement shall be similarly amended, replaced or supplemented.  
You are responsible for all taxes imposed on you as a result of payments received by you under this agreement, and the Company makes no guarantee of any particular tax result. The payments provided under this agreement are intended to comply, or be exempt, from Section 409A of the Internal Revenue Code of 1986, as amended (“Code Section 409A”). It is further intended that the Retirement Date will constitute the date of your separation from service from the Company for purposes of Code Section 409A.

By signing and not revoking this agreement, you release CNX, and all of its affiliated companies direct and indirect parents, subsidiaries, affiliates, successors, and assigns (collectively, the “CNX Companies”) and all of their current and former shareholders, partners, principals, members, directors, officers, agents, employees, employee benefit plans, trustees, insurers and all others acting in concert with them (collectively, the “Released Persons”), from any and all claims you have or might have against them as a result of events that occurred on or before the date you execute this agreement, whether known or unknown, except for the rights described in the next paragraph.  The claims released by you include, without limitation, all claims relating in any way to your employment with the CNX Companies, the conclusion of your employment, claims for wrongful discharge or retaliation, claims related to any purported status as a whistleblower, and any cause of action or claim you have or might have for an alleged violation of any express or implied contract, or federal, state, or local law, including (without limitation) state and federal statutes or laws, as amended, that prohibit discrimination or retaliation in employment based on any protected status, including, but not limited to, the Age Discrimination in Employment Act of 1967 (“ADEA”), the Employee Retirement Income Security Act of 1974, as amended, Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, 42 U.S.C. § 1981, the Civil Rights Acts of 1866 and 1871, the Pregnancy Discrimination Act, the National Labor Relations Act, the Racketeer Influenced and Corrupt Organizations Act, the Rehabilitation Act, the Americans with Disabilities Act, the Family and Medical Leave Act, the Sarbanes-Oxley Act, the Worker Adjustment and Retraining Notification Act (“WARN Act”), Pennsylvania Human Relations Act, Pennsylvania Minimum Wage Act of 1968, and any other state, federal or local law, rule or regulation, the common law for negligence, gross negligence, or any other tort claim, including (except as otherwise provided in this Agreement), but not limited to, intentional infliction of emotional distress, assault, battery, invasion of privacy, false imprisonment, breach of express or implied contract, interference with contractual relations, additional wages or benefits owed, whether pursuant to the accrued and unused vacation policy, the CNX Severance Pay Plan for Salaried Employees, , or otherwise, covenants of fair dealing and good faith, civil conspiracy, duress, promissory or equitable estoppel, defamation, slander, fraud, mistake, misrepresentation, violation of public policy, overtime, retaliation, personal injury, breach of fiduciary duty, loss of consortium, bad faith, any other 

wrongful conduct and claims under any federal, state or local laws, statutes, regulations, ordinances, or other similar provisions, and any claims for attorneys’ fees and costs.  If any administrative agency or court assumes jurisdiction over any charge, complaint, proceeding, or action involving claims released in this agreement, you agree that you will not accept, recover, or receive any monetary damages or other relief from or in connection with that charge, complaint, or proceeding.  You agree that if a court of competent jurisdiction determines that you are to be awarded damages under the WARN Act or any other federal or state law, those damages would be offset by an amount equal to your above severance payment minus $500.  You also agree that you have not assigned or transferred to another person or entity any interest in any of the above stated claims.  

In consideration of you executing and not revoking this agreement, the CNX Companies and all Released Persons release you from any and all claims they have or might have against you as a result of the events that occurred on or before the date you execute this Agreement, whether known or unknown, except as set forth herein.  The claims released by the CNX Companies include claims relating in any way to your employment with the CNX Companies and the end of your employment; provided, however, that nothing herein shall release you from: (i) your contractual commitments regarding the protection of confidential business information; (ii) the obligations or restrictions applicable to you arising under or referred to in your equity award agreements including without limitation the non-compete and non-solicit obligations; (iii) claims involving fraud or willful malfeasance; and (iv) claims by a third party for which you would not be indemnified under applicable law, any provision of the CNX Companies’ certificate of incorporation, bylaws, or other governing documents, any contract, or any applicable directors or officers liability insurance policies.
 
     You have certain rights that are not released by signing this agreement, as set forth below:
(a)  The foregoing release does not affect the following:  any rights or claims that may arise after the date this agreement is executed; your right to enforce the Company’s obligations under this agreement; any rights you may have to vested CNX Companies’ pension or retirement benefits that you are entitled to on the date of execution of this agreement by you; your right to file a charge or complaint with any appropriate federal, state, or local agency, such as the United States Equal Employment Opportunity Commission; your right to participate in or cooperate with any such charge or complaint procedure; and any right that cannot be waived as a matter of law. 
(b) Both you and CNX also agree that nothing in the release set forth above or in this Agreement shall be construed to limit, waive or release your rights (i) under your Director and Officer Indemnification Agreement, or your rights to indemnification or contribution, if any, pursuant to applicable law, CNX’s bylaws, or any applicable insurance policy arising from acts (or failures to act) actually or allegedly taken in the scope of your employment with CNX, or (ii) that you may have pursuant to or under any of the equity awards, the STIC, the CIC Agreement and other benefit plans.  
     Any other claim you have or might have is, however, released by this agreement.  
By signing below, you represent and agree that, except for the wages to be paid to you regardless of whether you sign this agreement, as described above, and the Severance Payment and Benefits to be paid under the terms of this Agreement, you have been paid in full for all other wages and benefits to which you are entitled.  

If one or more dispute(s) arises with regard to the interpretation and/or performance of this agreement or any of its provisions (“Covered Claims”), the parties agree to attempt to resolve the same by telephone conference with a mediator jointly selected by the parties.  If the parties cannot resolve their differences by such telephone conference, then the parties agree to schedule and conduct a half-day mediation within 30 days of dispute(s) and to share equally the costs of such mediation.  If a party refuses to 

mediate, then such party thereby waives any recovery for attorneys’ fees or costs incurred in any Arbitration brought regarding this agreement.  Otherwise, if the parties are unable to resolve their dispute by mediation, then you and the Company agree that the dispute will be decided by a single arbitrator of the American Arbitration Association (“AAA”) through final and binding arbitration only and will not be decided by a court or jury or any other forum, except as otherwise provided herein.  This is an agreement to arbitrate Covered Claims which shall be governed by the Federal Arbitration Act (9 U.S.C. §§ 1–16).  The mutual agreement to arbitrate contained herein constitutes consideration for this Agreement.  You and the Company acknowledge the sufficiency of such consideration. The prevailing party or parties in any resulting Arbitration shall be entitled to recover reasonable attorneys’ fees, costs, and expenses, including the costs of mediation and Arbitration. 
By signing below, you agree that as of the date you sign this agreement, you have returned all property and information belonging to the CNX Companies in your possession or control, including but not limited to the following (where applicable):  vehicle; computer, phone, and handheld devices; keys, passwords, and/or access cards; and all records, customer lists, written information, forms, plans, and other documents, including electronically stored information.  You agree that you are not entitled to receive or retain the Severance Payment and Benefits set forth in this agreement unless and until you return all information and property to the Company in compliance with this agreement.
By signing below, you represent and affirm (i) as of your Retirement Date, you will have no confidential business information, in hard copy or electronic form of any kind, belonging to the CNX Companies in your possession or control; and (ii) at no time during your employment and as of the date you sign this agreement have you ever disclosed or utilized in any manner confidential business information of the CNX Companies in violation of applicable policies or your contractual obligations.  You agree that you are not entitled to receive or retain the Severance Payment and Benefits set forth in this agreement in the event either representation set forth above is false.
You affirm that you have not asserted any claim for sexual harassment or sexual abuse by any of the Released Persons and that you are not aware of any facts supporting such a claim.  You further affirm that no claim released by you as a part of this agreement involves any illness, injury, incident, or accident in which medical expenses were, or are expected to be, incurred.  Accordingly, you affirm that Medicare has no interest in the payment under this agreement.  Nonetheless, if the Centers for Medicare & Medicaid Services (“CMS”) (this term includes any related agency representing Medicare’s interests) determines that Medicare has an interest in the payment to you under this agreement, you agree to indemnify, defend and hold Released Persons harmless from any action by CMS relating to your medical expenses.  You agree to reasonably cooperate with Released Persons upon request with respect to (i) any information needed to satisfy the reporting requirements under Section 111 of the Medicare, Medicaid, and SCHIP Extension Act of 2007, and (ii) any claim that the CMS may make and for which you are required to indemnify Released Persons under this paragraph.  Furthermore, you agree to waive any and all future actions against Released Persons for any private cause of action for damages pursuant to 42 U.S.C. § 1395y(b)(3)(A).

You agree that you will keep the terms of this agreement confidential and will not disclose them to any person other than your spouse and your professional advisors, except as may be necessary to enforce the terms of this agreement, or pursuant to a lawful subpoena, or as otherwise permitted by law.  Similarly, CNX shall keep the terms of this agreement confidential and will not disclose them to any person, other than professional advisors, except as may be necessary to enforce the terms of this agreement, including with respect to the Shares in your Morgan Stanley account, or pursuant to a lawful subpoena, or as otherwise permitted by law.  This provision is not intended to restrict either parties’ legal right to discuss the terms and conditions of your employment.

Nothing in this agreement or any other confidentiality provision to which you may be subject as a result of employment at, or separation from, the CNX Companies restricts or prohibits you from initiating communications directly with, responding to any inquiries from, providing testimony before, providing confidential information to, reporting possible violations of law or regulation to, or from filing a claim or assisting with an investigation directly with a self-regulatory authority or a government agency or entity, including the U.S. Equal Employment Opportunity Commission, the Department of Labor, the National Labor Relations Board, the Department of Justice, the Securities and Exchange Commission, the Congress, and any agency Inspector General, or from making other disclosures that are protected under the whistleblower provisions of state or federal law or regulation or from receiving and fully retaining a monetary award from a government-administered whistleblower award program for providing information directly to a government agency.  The CNX Companies nonetheless assert and do not waive attorney-client privilege over any information appropriately protected by the privilege.  You do not need the prior authorization of the Company to engage in conduct protected by this paragraph, and you do not need to notify the Company that you have engaged in such conduct. 
Please take notice that federal law provides criminal and civil immunity to federal and state claims for trade secret misappropriation to individuals who disclose a trade secret to their attorney, a court, or a government official in certain, confidential circumstances that are set forth at 18 U.S.C. §§ 1833(b)(1) and 1833(b)(2), related to the reporting or investigation of a suspected violation of the law, or in connection with a lawsuit for retaliation for reporting a suspected violation of the law.
Further, both parties acknowledge that this is an amicable arrangement and will be portrayed as such in all public statements, whether written or oral, by you or the CNX Companies, and subject to the confidentiality obligations recited in the three paragraphs above.  As such, you agree that you will not disparage the CNX Companies or any of the Released Persons, and the CNX Companies, including their officers and directors, agree that they will not disparage you.   
Additionally, you agree to cooperate with the Company in any future matters relating to your past employment.  You agree to be reasonably available to the CNX Companies for the purpose of responding to requests for information, to provide information, documents, declarations or statements, to meet with attorneys and other Company representatives, to prepare for and give testimony by deposition or otherwise, and to cooperate in the investigation, defense or prosecution of matters relating to any threatened, present, or future legal actions, investigations, or administrative proceedings involving the CNX Companies.  Such time shall not exceed approximately 20 hours, and to the extent that additional time is needed, the parties shall discuss it at that time, subject to your sole discretion.  The Company advises you to consult with an attorney of your choice regarding this agreement, which includes an offer of consideration in exchange for a release of claims.  If you have any questions regarding the scope of your release, including those rights that are not released, the Company advises you to address that subject with your own attorney before signing this agreement.
The Company will rely on your signature to this agreement as your representation that you read this agreement carefully, and that you have a full and complete understanding of its terms after having had sufficient opportunity to discuss the documents with an attorney of your own choosing, and that in executing this agreement, you did not rely upon any statement or representation made by or on behalf of the CNX Companies or by any of their officers, agents, employees or attorneys.
You have up to and including 45 days from the date you receive this agreement to consider the terms of this agreement as proposed by the Company.  Any modification to these proposed terms, whether material or immaterial, does not restart the running of the 45-day period. 

If you decide to sign this agreement, you may then revoke your acceptance of it for up to seven (7) days after signing it (the “Revocation Period”), by notifying me in writing before the expiration of that seven-day period.  This agreement will not become effective and you will not be entitled to the Severance Payments and Benefits to be paid under this agreement until the expiration of that seven-day period.
If this agreement is not signed and returned by January 18, 2021, then this offer is revoked by the Company.  This agreement must be delivered to me (and not merely postmarked) within the time specified herein in order to be effective.  You should not sign this agreement if you do not understand its terms.  By signing this agreement, you affirm that you have read its terms, that you understand its terms and effects, including the fact that you have agreed to release employment-related claims, that you have signed this agreement voluntarily and knowingly in exchange for the consideration described herein, which you acknowledge is adequate and satisfactory and which you acknowledge is in addition to other benefits to which you would be entitled; and that you have been advised in writing to consult with an attorney prior to signing this agreement.
    This Agreement shall be binding on any and all successors and assigns of CNX, including successors by operation of law as a result of the acquisition of all or substantially all of the assets of CNX and/or its subsidiaries.    

     If all of the above terms are agreeable to you, please sign the enclosed copy of this letter and return the original signed document, in its entirety, to me at 1000 CONSOL Energy Drive, Canonsburg, PA 15317-6506 for our files by January 18, 2021.  Please direct any questions to me.  

Sincerely,

/s/ Nicholas J. DeIuliis
Nicholas J. DeIuliis
President and Chief Executive Officer

I knowingly and voluntarily agree to the above terms this 4th day of December, intending to be legally bound.

/s/ Stephanie L. Gill
Stephanie L. GillDocument

CNX RESOURCES CORPORATION
EQUITY INCENTIVE PLAN
FORM OF
RESTRICTED STOCK UNIT AWARD AGREEMENT

This Restricted Stock Unit Award Agreement set forth below (this “Agreement”) is dated as of the grant date (the “Grant Date”) set forth on Exhibit A and is between CNX Resources Corporation, a Delaware corporation (the “Company”), and the individual to whom the Compensation Committee of the Board of Directors of the Company or its delegatee (the “Committee”) has made this Restricted Stock Unit Award and whose name is set forth on Exhibit A (the “Participant”).  
The Company has established the CNX Resources Corporation Amended and Restated Equity and Incentive Compensation Plan (the “Plan”) to advance the interests of the Company and its shareholders by providing incentives to certain eligible persons who contribute significantly to the strategic and long-term performance objectives and growth of the Company. Unless the context otherwise requires, all capitalized terms not otherwise defined in this Agreement have the same meaning given such capitalized terms in the Plan.  
Pursuant to the provisions of the Plan, the Board has delegated to the Committee full power and authority to direct the execution and delivery of this Agreement in the name and on behalf of the Company, and has authorized the execution and delivery of this Agreement.  
Agreement

1.Restricted Stock Unit Award.  Subject to and pursuant to all terms and conditions stated in this Agreement and in the Plan, as of the Grant Date, the Company hereby grants an Award to the Participant in the form of the number of Restricted Stock Units set forth on Exhibit A (the “Restricted Stock Units”).  Each Restricted Stock Unit awarded under this Agreement shall represent a contingent right to receive one Share following the vesting date of such Restricted Stock Unit as described on Exhibit A (each such vesting date, a “Vesting Date”). Notwithstanding, Restricted Stock Units as initially awarded have no independent economic value, but rather are mere units of measurement used for purposes of calculating the value of any benefits to be paid under this Agreement.
2.Issuance and Distribution.
a.Subject to the terms and conditions of this Agreement, and except as otherwise provided in Section 2.2 or Section 4, Restricted Stock Units will be settled and paid in Shares issued to the Participant (to the extent not previously settled) on the applicable Vesting Date, or if the applicable Vesting Date is not a business day, on the immediately following business day, or as soon as reasonably practicable but in no event later than the 15th day of the third month following such date, subject to the Participant’s satisfaction of all applicable income and employment withholding taxes; provided, however, that the Participant shall not be permitted to designate the taxable year of payment.
b.Notwithstanding any other provision of this Agreement, in the event of a Change in Control, as defined in Section 16 of the Plan, the Restricted Stock Units (to the extent not previously vested or forfeited) will be deemed to have vested, and, if the Change in Control qualifies as a “Change in Control” event within the meaning of Treas. Reg. Section 1.409A-3(i)(5)(i) with respect to the Company, will be settled, on the closing date of the Change in Control transaction (the “CiC Payment Date”); 

provided, however, in the event of a Change in Control, Restricted Stock Units may, in the Committee’s discretion, be settled in cash and/or securities or other property.1 
c.The Participant is required to hold, and not sell, transfer or otherwise dispose of fifty percent (50%) of the Shares issued to the Participant following the vesting of the Restricted Stock Units (after accounting for the payment of any related taxes in connection with the vesting of the Restricted Stock Units) until the earlier of (i) ten (10) years from the Grant Date; or (ii) the Participant’s attainment of age sixty-two (62).  
3.Dividends. Each Restricted Stock Unit will be cumulatively credited with dividends that are paid on the Company’s common stock in the form of additional units. These additional units shall be deemed to have been purchased on the record date for the dividend using the closing stock price per Share as reported in The Wall Street Journal and shall be subject to all the same conditions and restrictions as provided in this Agreement applicable to Restricted Stock Units.
4.Change in Participant’s Status. In the event the Participant Separates from Service (i) on or after the date the Participant has reached the age of 50 with 20 or more years of continuous service to the Company and its Affiliates, other than an involuntary termination by the Company for Cause, (ii) on account of death or Disability (and, for the avoidance of doubt, the Participant shall have a Separation from Service upon the Participant’s becoming Disabled), or (iii) by action taken by the Company (including any Affiliate) without Cause and after a decision by the Committee, in its sole and absolute discretion, that such Separation from Service without Cause qualifies for special vesting treatment hereunder (a “Qualifying Separation from Service without Cause”), prior to any Vesting Date or the CiC Payment Date, as applicable, the Participant shall vest in any unvested Restricted Stock Units (to the extent not previously forfeited) and receive payment therefore on the date of such Separation from Service (or as soon as reasonably practicable thereafter, but in no event later than the 15th day of the third month following such Separation from Service); provided, however, that the Participant shall not be permitted to designated the taxable year of payment. Except as otherwise provided herein or in another agreement between the Participant and the Company, in the event the Participant Separates from Service for any other reason, including, but not limited to, by the Participant voluntarily, or by the Company (including any Affiliate) with Cause or without Cause (other than in connection with a Qualifying Separation of Service without Cause), prior to any Vesting Date or the CiC Payment Date, as applicable, the unvested Restricted Stock Units awarded to the Participant shall be cancelled and forfeited, without payment by the Company or any Affiliate; provided that in the event the Participant Separates from Service by action taken by the Company (including any Affiliate) with Cause, any vested Restricted Stock Units that are held by the Participant shall also be forfeited (with any Shares issued thereunder returned to the Company) and, to the extent that the Participant has sold any of his or her Shares issued under the Award within the six (6)-month period ending with the date of the Participant’s date of Separation from Service for Cause, the Participant will be required to repay to the Company, within ten (10) days after receipt of written demand from the Company, the cash proceeds that the Participant received upon each such sale.  Any payments due a deceased Participant may be transferred pursuant to the provisions of his or her will or the laws of inheritance following the Participant’s death.  Notwithstanding the foregoing or any provision contained herein to the contrary, the delivery of any Shares shall be delayed until six (6) months after your Separation from Service to the extent required by Section 409A(a)(2)(B)(i) of the Code as provided under the terms of the Plan.
5.Tax Consequences/Withholding.

1 For the avoidance of doubt, the sale of any Affiliate of the Company shall not constitute a Change in Control for purposes of this Agreement.
        
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a.It is intended that the Participant shall have merely an unfunded, unsecured promise to be paid a benefit, and such unfunded promise shall not consist of a transfer of “property” within the meaning of Code Section 83.
b.Participant acknowledges that any income for federal, state, local or foreign tax purposes, including payroll taxes, that the Participant is required to recognize on account of the vesting of the Restricted Stock Units and/or issuance of the Shares under this Award to the Participant shall be subject to withholding of tax by the Company.  The Participant must pay all applicable taxes when due. The Company will automatically withhold from the total number of Shares deliverable to the Participant upon the applicable payment date, the number of Shares having a fair market value equal to the minimum statutory tax withholding requirements (or as otherwise approved by the Board or the Committee) as determined in accordance with the Plan.  In the event of any remaining tax balance, the Participant will be required to deliver a check for that amount payable to the Company before the Shares are deposited into Participant’s plan account.  Notwithstanding the foregoing, if the Participant is liable for the payment of the employee share of the FICA (Social Security and Medicare) taxes applicable to the Award prior to the payment of the Shares underlying the Award, the Participant will be required to deliver a check for the amount of such FICA taxes payable to CNX Resources Corporation in a timely manner. 
c.This Agreement is intended to comply with, or be excepted from coverage under, Section 409A of the Code and the regulations promulgated thereunder and shall be administered, interpreted and construed accordingly.  Notwithstanding any provision of this Agreement to the contrary, if any benefit provided under this Agreement is subject to the provisions of Section 409A of the Code and the regulations issued thereunder (and not excepted therefrom), the provisions of the Agreement shall be administered, interpreted and construed in a manner necessary to comply with Section 409A (or disregarded to the extent such provision cannot be so administered, interpreted, or construed).  Notwithstanding, Section 409A may impose upon the Participant certain taxes or other charges for which the Participant is and shall remain solely responsible, and nothing contained in this Agreement or the Plan shall be construed to obligate any member of the Committee or Board, the Company or any Affiliate (or its employees, officers or directors) for any such taxes or other charges.
6.Non-Competition. 
a.The Participant hereby agrees that this Section 6 is reasonable and necessary in order to protect the legitimate business interests and goodwill of the Company, including the Company’s trade secrets, valuable confidential business and professional information, substantial relationships with prospective and existing customers and clients, and specialized training provided to the Participant and other employees of the Company.  The Participant acknowledges and recognizes the highly competitive nature of the business of the Company and its Affiliates and accordingly agrees that during the term of  Participant’s employment and for a period of two (2) years after the termination thereof (the “Restriction Period”):
(i)The Participant will not directly or indirectly engage in any business substantially similar to any line of business conducted by the Company or any of its Affiliates, including, but not limited to, where such engagement is as an officer, director, proprietor, employee, partner, investor (other than as a holder of less than 1% of the outstanding capital stock of a publicly traded corporation), consultant, advisor, agent or sales representative, in any geographic region in which the Company or any of its Affiliates conducted business;
(ii)The Participant will not contact, solicit, perform services for, or accept business from any customer or prospective customer of the Company or any of its Affiliates;
        
3
    

(iii)The Participant will not directly or indirectly induce any employee of the Company or any of its Affiliates to: (1) engage in any activity or conduct which is prohibited pursuant to subparagraph 6.1(a); or (2) terminate such employee’s employment with the Company or any of its Affiliates.  Moreover, the Participant will not directly or indirectly employ or offer employment (in connection with any business substantially similar to any line of business conducted by the Company or any of its Affiliates) to any person who was employed by the Company or any of its Affiliates unless such person shall have ceased to be employed by the Company or any of its Affiliates for a period of at least 12 months; and
(iv)The Participant will not directly or indirectly assist others in engaging in any of the activities, which are prohibited under subparagraphs (a) — (c) above.
Notwithstanding the foregoing, if the Restriction Period set forth herein is shorter in duration following the Participant’s termination of employment with the Company and its Affiliates than in any other prior Award Agreement, the Restriction Period set forth herein shall be the Restriction Period for all such prior Award Agreements and related Awards.  Similarly, if the Restriction Period is longer in this Agreement than in prior Award Agreements, the Restriction Period set forth in such prior Award Agreements and related Awards shall be amended hereby and have the same applicable Restriction Period following Participant’s termination of employment with the Company and its Affiliates as set forth herein (and the Participant shall be deemed to have consented to such amendment by executing this Agreement). 

b.It is expressly understood and agreed that although the Participant and the Company consider the restrictions contained in this Section 6 to be reasonable, if a final judicial determination is made by a court of competent jurisdiction that the time or territory or any other restriction contained in this Agreement is an unenforceable restriction against the Participant, the provisions of this Agreement shall not be rendered void but shall be deemed amended to apply as to such maximum time and territory and to such maximum extent as such court may judicially determine or indicate to be enforceable against such Participant.  Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Agreement is unenforceable, and such restriction cannot be amended so as to make it enforceable, such finding shall not affect the enforceability of any of the other restrictions contained herein.  The restrictive covenants set forth in this Section 6 shall be extended by any amount of time that the Participant is in breach of such covenants, such that the Company receives the full benefit of the time duration set forth above.
7.Confidential Information and Trade Secrets. The Participant and the Company agree that certain materials, including, but not limited to, information, data and other materials relating to customers, development programs, costs, marketing, trading, investment, sales activities, promotion, credit and financial data, manufacturing processes, financing methods, plans or the business and affairs of the Company and its Affiliates, constitute proprietary confidential information and trade secrets.  Accordingly, the Participant will not at any time during or after the Participant’s employment with the Company (including any Affiliate) disclose or use for such Participant’s own benefit or purposes or the benefit or purposes of any other person, firm, partnership, joint venture, association, corporation or other business organization, entity or enterprise other than the Company and any of its Affiliates, any proprietary confidential information or trade secrets, provided that the foregoing shall not apply to information which is not unique to the Company or any of its Affiliates or which is generally known to the industry or the public other than as a result of such Participant’s breach of this covenant.  The Participant agrees that upon termination of employment with the Company (including any Affiliate) for any reason, the Participant will immediately return to the Company all memoranda, books, papers, plans, information, letters and other data, and all copies thereof or therefrom, which in any way relate to the business of the Company and its Affiliates, except that the Participant may retain personal notes, 
        
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notebooks and diaries.  The Participant further agrees that the Participant will not retain or use for the Participant’s own account at any time any trade names, trademark or other proprietary business designation used or owned in connection with the business of the Company or any of its Affiliates.
Notwithstanding anything contained herein to the contrary, this Agreement shall not prohibit disclosure of proprietary confidential information if (i) it is required by law or by a court of competent jurisdiction or (ii) it is in connection with any judicial, arbitration, dispute resolution or other legal proceeding in which your legal rights and obligations as an employee or under this Agreement are at issue; provided, however, that you shall, to the extent practicable and lawful in any such event, give prior notice to the Company of your intent to disclose proprietary confidential information so as to allow the Company an opportunity (which you shall not oppose) to obtain such protective orders or similar relief with respect thereto as may be deemed appropriate.
Notwithstanding the foregoing, nothing in this Agreement is intended to restrict, prohibit, impede or interfere with the Participant providing information to, or from reporting possible violations of law or regulation to, any governmental agency or entity, from participating in investigations, testifying in proceedings regarding the Company’s past or future conduct, or from making other disclosures that are protected under state or federal law or regulation, engaging in any future activities protected under statutes administered by any government agency (including but not limited, to the Department of Justice, the Securities and Exchange Commission, the Congress, and any agency Inspector General), or from receiving and retaining a monetary award from a government-administered whistleblower award program for providing information directly to a government-administered whistleblower award program.  The Participant does not need the prior authorization of the Company to make such reports or disclosures.  The Participant is not required to notify the Company that he or she has made any such reports or disclosures. The Company nonetheless asserts, and does not waive, its attorney-client privilege over any information appropriately protected by the privilege. 
8.Remedies/Forfeiture.
a.The Participant acknowledges that a violation or attempted violation on the Participant’s part of Sections 6 and/or 7 will cause irreparable damage to the Company and its Affiliates, and the Participant therefore agrees that the Company and its Affiliates shall be entitled as a matter of right to an injunction, out of any court of competent jurisdiction, restraining any violation or further violation of such promises by the Participant or the Participant’s employees, partners or agents.  The Participant agrees that such right to an injunction is cumulative, in addition to whatever other remedies the Company (including any Affiliate) may have under law or equity and to the Participant’s obligations to make timely payment to the Company as set forth in Section 8.2 of this Agreement.  The Participant further acknowledges and agrees that the Participant’s Restricted Stock Units (whether vested or unvested) shall be cancelled and forfeited (with any Shares issued thereunder returned to the Company), without payment by the Company, if the Participant breaches any of his obligations set forth in Sections 6 and 7 herein.
b.At any point after becoming aware of a breach of any obligation set forth in Sections 6 and 7 of this Agreement, the Company shall provide notice of such breach to the Participant.  By agreeing to receive the Restricted Stock Units pursuant to this Agreement, the Participant agrees that, to the extent the Participant has sold any of his or her Shares issued under the Award, within ten (10) days after the date the Company provides such notice, the Participant shall pay to the Company in cash an amount equal to the cash proceeds that the Participant received upon each such sale that occurred after the date that was six (6) months prior to the date of the earliest breach.  The Participant agrees that failure to make such timely payment to the Company constitutes an independent and material breach of the terms 
        
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and conditions of this Agreement, for which the Company may seek recovery of the unpaid amount as liquidated damages, in addition to all other rights and remedies the Company may have resulting from the Participant’s breach of the obligations set forth in Sections 6 and/or 7.  The Participant agrees that timely payment to the Company as set forth in this provision of this Agreement is reasonable and necessary because the compensatory damages that will result from breaches of Sections 6 and/or 7 cannot readily be ascertained.  Further, the Participant agrees that timely payment to the Company as set forth in this provision of this Agreement is not a penalty, and it does not preclude the Company from seeking all other remedies that may be available to the Company, including without limitation those set forth in this Section 8.
9.Assignment/Nonassignment.
a.The Company shall have the right to assign this Agreement, including without limitation Sections 6 and/or 7, and the Participant agrees to remain obligated by all provisions of this Agreement that are assigned to any successor, assign or surviving entity.  Any successor to the Company is an intended third party beneficiary of this Agreement.
b.The Restricted Stock Units shall not be sold, pledged, assigned, hypothecated, transferred or disposed of (a “Transfer”) in any manner, other than by will or the laws of descent and distribution.  Any attempt by the Participant to Transfer the Restricted Stock Units in violation of the terms of this Agreement shall render the Restricted Stock Units null and void, and result in the immediate forfeiture of such Restricted Stock Units, without payment by the Company.
10.Impact on Benefit Plans.  Payments under this Agreement shall not be considered as earnings for purposes of the Company’s and/or Affiliate’s qualified retirement plans or any other retirement or benefit plan unless specifically provided for therein.  Nothing herein shall prevent the Company or any Affiliate from maintaining additional compensation plans and arrangements for its employees.
11.Successors; Changes in Stock. The obligation of the Company under this Agreement shall be binding upon the successors and assigns of the Company.  If a dividend or other distribution shall be declared upon the Company’s common stock payable in Shares, the Restricted Stock Units shall be adjusted by adding thereto the number of Restricted Stock Units equal to the number of Shares which would have been distributable thereon if such Restricted Stock Units had been actual Shares and outstanding on the date fixed for determining the shareholders entitled to receive such stock dividend or distribution. In the event of any spin-off, split-off or split-up, dividend in property other than cash, recapitalization or other change in the capital structure of the Company, or any merger, consolidation, reorganization, partial or complete liquidation or other distribution of assets (other than a normal cash dividend), or any other corporate transaction or event having an effect similar to any of the foregoing, or extraordinary distribution to shareholders of the Company’s common stock, the Restricted Stock Units shall be appropriately adjusted to prevent dilution or enlargement of the rights of the Participant which would otherwise result from any such transaction, provided such adjustment shall be consistent with Code Section 409A.
In the case of a Change in Control, any obligation under this Agreement shall be handled in accordance with the terms of Section 2 hereof.  In any case not constituting a Change in Control in which the Company’s common stock is changed into or becomes exchangeable for a different number or kind of shares of stock or other securities of the Company or another corporation, or cash or other property, whether through reorganization, reclassification, recapitalization, stock split-up, combination of Shares, merger or consolidation, then (i) the value of the Restricted Stock Units constituting the Award shall be 
        
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calculated based on the closing price per Share of such common stock on the closing date of the transaction on the principal market on which such common stock is traded and (ii) there shall be substituted for each Restricted Stock Unit constituting the Award, the number and kind of shares of stock or other securities (or cash or other property) into which each outstanding Share shall be so changed or for which each such Share shall be exchangeable.  In the case of any such adjustment, the Restricted Stock Units shall remain subject to the terms of the Agreement.
12.Governing Law, Jurisdiction, and Venue.
a.This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to the principles of conflicts of law.
b.The Participant hereby irrevocably submits to the personal and exclusive jurisdiction of the United States District Court for the Western District of Pennsylvania or the Court of Common Pleas of Allegheny County, Pennsylvania in any action or proceeding arising out of, or relating to, this Agreement (whether such action or proceeding arises under contract, tort, equity or otherwise).  The Participant hereby irrevocably waives any objection which the Participant now or hereafter may have to the laying of venue or personal jurisdiction of any such action or proceeding brought in said courts.
c.Jurisdiction over, and venue of, any such action or proceeding shall be exclusively vested in the United States District Court for the Western District of Pennsylvania or the Court of Common Pleas of Allegheny County, Pennsylvania.
d.Provided that the Company commences any such action or proceeding in the courts identified in Section 12.3, the Participant irrevocably waives the Participant’s right to object to or challenge the above selected forum on the basis of inconvenience or unfairness under 28 U.S.C. § 1404, 42 Pa. C.S. § 5322 or similar state or federal statutes.  The Participant agrees to reimburse the Company for all of the attorneys’ fees and costs it incurs to oppose the Participant’s efforts to challenge or object to litigation proceeding in the courts identified in Section 12.3 with respect to actions arising out of or relating to this Agreement (whether such actions arise under contract, tort, equity or otherwise). 
13.Failure to Enforce Not a Waiver.  The failure of the Company to enforce at any time any provision of this Agreement shall in no way be construed to be a waiver of such provision or of any other provision hereof.
14.Severability.  In the event that any one or more of the provisions of this Agreement shall be held to be invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
15.Funding.  This Agreement is not funded and all amounts payable hereunder, if any, shall be paid from the general assets of the Company or its Affiliate, as applicable.  No provision contained in this Agreement or the Plan and no action taken pursuant to the provisions of this Agreement or the Plan shall create a trust of any kind or require the Company to maintain or set aside any specific funds to pay benefits hereunder.  To the extent the Participant acquires a right to receive payments from the Company under this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
16.Headings.  The descriptive headings of the Sections of this Agreement are inserted for convenience of reference only and shall not constitute a part of this Agreement.
        
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17.Awards Subject to Plan. In the event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail.
18.Amendment or Termination of this Agreement.  This Agreement may be modified, amended, suspended or terminated by the Committee at any time; provided, however, that no modification, amendment, suspension or termination of the Plan or this Agreement shall adversely affect the material rights of the Participant under this Agreement without the consent of such Participant.  Notwithstanding the foregoing or any provision of this Agreement to the contrary, the Company may, in its sole discretion and without the Participant’s consent, modify or amend the terms of the Agreement or a Restricted Stock Unit award, or take any other action it deems necessary or advisable, to cause the Agreement to comply with Section 10D of the Exchange Act or Section 409A (or an exception thereto).  Any modification, amendment, suspension or termination shall only be effective upon a writing issued by the Company, and the Participant shall not offer evidence of any purported oral modifications or amendments to vary or contradict the terms of this Agreement document.
19.Entire Agreement.  Except as otherwise provided in this Agreement or in any other agreement between the Participant and the Company, this Agreement and the Plan are:  (i) intended to be the final, complete, and exclusive statement of the terms of the agreement between the Participant and the Company with regard to the subject matter of this Agreement; (ii) supersede all other prior agreements, communications, and statements, whether written or oral, express or implied, pertaining to that subject matter; and (iii) may not be contradicted by evidence of any prior or contemporaneous statements or agreements, oral or written, and may not be explained or supplemented by evidence of consistent additional terms. 
20.Clawback. Notwithstanding any provisions in this Agreement to the contrary, any compensation, payments, or benefits provided hereunder (or profits realized from the sale of Shares delivered hereunder), whether in the form of cash or otherwise, shall be subject to recoupment and recapture to the extent necessary to comply with the requirements of any Company-adopted policy and/or laws or regulations, including, but not limited to, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Exchange Act, Section 304 of the Sarbanes Oxley Act of 2002, the New York Stock Exchange Listed Company Manual or any rules or regulations promulgated thereunder with respect to such laws, regulations and/or securities exchange listing requirements, as may be in effect from time to time, and which may operate to create additional rights for the Company with respect to this grant and recovery of amounts relating thereto.  By accepting this grant of Restricted Stock Units, the Participant agrees and acknowledges that he or she is obligated to cooperate with, and provide any and all assistance necessary to, the Company to recover, recoup or recapture this grant of Restricted Stock Units or amounts paid under the Plan pursuant to such law, government regulation, stock exchange listing requirement or Company policy. Such cooperation and assistance shall include, but is not limited to, executing, completing and submitting any documentation necessary to recover, recoup or recapture this grant of Restricted Stock Units or amounts paid under the Plan from a Participant’s accounts, or pending or future compensation or other grants.

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IN WITNESS WHEREOF, the undersigned have executed this Agreement on the day and year indicated below.  This Agreement may be executed in more than one counterpart, each of which is deemed to be an original and all of which taken together constitute one and the same agreement.

                            PARTICIPANT

Dated:  ___________________                                    
                              Nicholas J. DeIuliis

CNX RESOURCES CORPORATION

                                                
William N. Thorndike, Jr.                                            CNX Resources – Board of Directors - Chair

Exhibit A

Participant:    Nicholas J. DeIuliis 

Grant Date:    

Number of Restricted Stock Units Subject to Award: 

Vesting Schedule:   Except as otherwise provided in the Agreement, three (3) successive equal annual installments upon the Participant’s completion of each year of continuous employment with the Company and its Affiliates over the three (3)-year period measured from the Grant Date.

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