Document:

Executive Officer Term Sheet with P. Jerome Richey

 Exhibit 10.12 
 Addendum to Jerry Richey’s Offer Letter 
 This Addendum is made this 18th day of December, 2008
between CONSOL Energy and P. Jerome Richey. 
 WHEREAS, the parties previously entered into an offer letter agreement dated February 11,
2005 (“Offer Letter”); and 
 WHEREAS, the parties wish to clarify certain provisions of the Offer Letter solely with regard
to complying with Section 409A of the Internal Revenue Code of 1986, as amended. 
 NOW, THEREFORE, intending to be legally bound
hereby, the parties agree as follows: 
 1. Section 8 of the Offer Letter is amended by deleting the last sentence thereof and inserting
the following provision at the end of such Section: 
 “In order to receive the severance payment, you must execute, and not revoke, a
general release of all claims in a form acceptable to CONSOL Energy within thirty (30) days of your termination date. The cash portion of the severance payment will be paid in a lump sum within sixty days of your termination date after the
release becomes effective.” 
 2. The following new Section 11 if hereby added to the Offer Letter: 
 “Section 409A: Severance benefits are payable only if you are involuntarily terminated by the
Employer without cause as provided under this Offer Letter. For purposes of the Offer Letter, you shall be considered to have experienced a termination of employment only if your employment has terminated with CONSOL Energy and all of its controlled
group members within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder (“Section 409A”) Severance payments are scheduled to be made following your
termination date and within the applicable 2 1/2 month period specified in Treas. Reg. § 1.409A-1(b)(4) and are intended to
be excepted under the short-term deferral exception as specified in Treas. Reg. § 1.409A-1(b)(4). Short-term disability benefits are excluded from Section 409A. You shall have no right to designate the date of any payment under this Offer
Letter. Notwithstanding any provision of this Offer Letter to the contrary, to the extent the timing of any severance benefit payment due under this Offer Letter was modified pursuant to the transition guidance provided by the IRS concerning the
time and form of payment, any such modification shall only apply to amounts that would not otherwise be payable in 2008 and may not cause an amount to be paid in 2008 that would not otherwise be paid in 2008. To the extent any such payment can not
be made in 2008 under the transition guidance, such payment will be made in January 2009.” 
  

					
	CONSOL ENERGY, INC.	 		 	Agreed to:
			
	 /s/ J. Brett Harvey
	 		 	 /s/ P. Jerome Richey

	J. Brett Harvey	 		 	P. Jerome Richey
	President and Chief Executive Officer	 		 	Senior Vice President, General Counsel & Corporate Secretary
			
	Dated: December 18, 2008	 		 	Dated: December 18, 2008Employment Agreement between CONSOL Energy and J. Brett Harvey

 Exhibit 10.14 
 EMPLOYMENT AGREEMENT 
 EMPLOYMENT AGREEMENT (“Agreement”) originally dated as of
June 3, 2005 and amended as of December 2, 2008 between CONSOL Energy Inc., a Delaware corporation (the “Company”), and J. Brett Harvey (the “Executive”). 
 WHEREAS, the Executive presently serves as a Director on the Company’s Board of Directors (the “Board”) and is employed as the
President and Chief Executive Officer of the Company; 
 WHEREAS, the Executive and the Company entered into the Letter Agreement, dated
December 11, 1997, and subsequently amended April 5, 2000, relating to the terms and conditions of Executive’s employment and service as a Director of the Company (the “Letter Agreement”), and entered into an
employment agreement, dated as of June 3, 2005 (the “Original Employment Agreement”); 
 WHEREAS, the Company and the
Executive entered into a Change in Control Severance Agreement, dated as of July 21, 2003 (as subsequently amended, the “Change in Control Agreement”); 
 WHEREAS, the Company and the Executive desire to amend and restate the Original Employment Agreement solely to ensure compliance with the requirements of
Section 409A of Internal Revenue Code of 1986, as amended; 
 WHEREAS, the Board recognizes that the Executive’s contribution to
the growth and success of the Company has been substantial and the Board desires to provide for the continued employment of the Executive and to make certain changes in the Executive’s employment arrangements with the Company which the Board
has determined will reinforce and encourage the continued attention and dedication to the Company of the Executive as a member of the Company’s management, in the best interests of the Company and its stockholders; and 
 WHEREAS, the Executive is willing to commit himself to continue to serve the Company, on the terms and conditions herein provided. 
 In order to effect the foregoing, the Company and the Executive wish to enter into this Agreement on the terms and conditions set forth below.
Accordingly, in consideration of the premises and the respective covenants and agreements of the parties herein contained, and intending to be legally bound hereby, the parties hereto agree as follows: 
 ARTICLE 1 
 DEFINITIONS 
 SECTION 1.01. Definitions. For purposes of this Agreement, the following terms have the meanings set forth below: 
 “Affiliate” means (i) any entity that, directly or indirectly, is controlled by the Company, (ii) any entity in which the
Company has a significant equity interest, and (iii) an affiliate of the Company as defined in Rule 12b-2 promulgated under Section 12 of the Securities Exchange Act of 1934, as amended. 
 “Base Salary” has the meaning set forth in Section 4.01. 
 “Cause” means (a) gross negligence in the performance of the Executive’s duties which results in material financial harm to
the Company; (b) the Executive’s conviction of, or plea of guilty or nolo contendere to, (i) any felony, or (ii) any misdemeanor involving fraud, embezzlement or theft; (c) the Executive’s intentional failure or refusal
to perform his duties and responsibilities with the Company, without the same being corrected within fifteen (15) days after being given written notice thereof; (d) the material breach by the Executive of any of the covenants contained in
Articles 6 or 7 of this Agreement; (e) the Executive’s willful 

 
violation of any material provision of the Company’s code of conduct for executives and management employees; or (f) the Executive’s willful
engagement in conduct that is demonstrably and materially injurious to the Company, monetarily or otherwise. The Executive may be terminated for Cause hereunder only by majority vote of all members of the Board (other than the Executive), which vote
is communicated to the Executive in writing. 
 “COBRA” has the meaning set forth in Section 5.05. 
 “COBRA Continuation Period” has the meaning set forth in Section 5.05. 
 “Code” means the Internal Revenue Code of 1986, as amended. 
 “Date of Termination” has the meaning set forth in Section 5.07. 
 “Employment Period” has the meaning set forth in Section 2.01. 
 “Good Reason” means, without the Executive’s written consent, (a) the material diminution of the Executive’s duties or
responsibilities, including the assignment of any duties and responsibilities materially inconsistent with his position; (b) a material reduction in the Executive’s Base Salary; (c) a material reduction in the Executive’s annual
target bonus opportunity (excluding any reduction that is generally applicable to all or substantially all executive officers of the Company); (d) a material reduction in the overall level of employee benefits (including long-term incentive
opportunities) provided to the Executive (excluding any reduction that is generally applicable to all or substantially all executive officers of the Company); (e) the Company breaches this Agreement by failing to obtain a written assumption of
this Agreement by any person acquiring all or substantially all of the assets of the Company prior to such acquisition; (f) the relocation of the Executive’s principal work location to a location more than fifty (50) miles from
Pittsburgh, Pennsylvania; or (g) the Company giving the Executive notice of nonextension of the term of this Agreement in accordance with Section 5.01 solely at either the end of the initial three year term or the end of the first one year
extension of the term under Section 5.01 (but, for the avoidance of doubt, not at the end of any further extension of the term). Notwithstanding the forgoing, in order for the Executive to terminate for Good Reason: (a) the Executive must
give written notice to the Company of his intention to terminate his employment for Good Reason within sixty (60) days after the event or omission which constitutes Good Reason, and any failure to give such written notice within such period
will result in a waiver by the Executive of his right to terminate for Good Reason as a result of such act or omission, (b) the event must remain uncorrected by the Company for thirty (30) days following such notice (the “Notice
Period”), and (C) such termination must occur within sixty (60) days after the expiration of the Notice Period. 
 “Notice of Termination” has the meaning set forth in Section 5.06. 
 “Person” shall have the
meaning ascribed to such term in Section 3(a)(9) of the Securities Exchange Act of 1934, as amended and used in Sections 13(d) and 14(d) thereof, including a “group” as defined in Section 13(d). 
 “Permanent Disability” means the Executive becomes permanently disabled within the meaning of the long term disability plan of the
Company applicable to the Executive under circumstances whereby the Executive is entitled to receive immediate benefits thereunder. 
 “Reimbursable Expenses” has the meaning set forth in Section 4.05. In addition, any Reimbursable Expense shall be made only in accordance with the following conditions: 
 (a) The reimbursement of any eligible expense shall be made on or before the last day of the Executive’s taxable year following the taxable year in
which the expense was incurred; and 
 (b) The right to reimbursement shall not be subject to liquidation or exchange for another benefit.

  

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 “Release” has the meaning set forth in Section 5.02. 
 “Restricted Territory” means the counties, towns, cities, states or other political subdivisions of any country in which the Company or
its Affiliates operates or does business. 
 “Start Date” has the meaning set forth in Section 2.01. 
 ARTICLE 2 
 EMPLOYMENT 
 SECTION 2.01. Employment. The Company shall continue to employ the Executive, and the Executive shall continue employment with the Company, upon
the terms and conditions set forth in this Agreement for the period beginning June 3, 2005 (the date of the beginning of such period to be referred to herein as the “Start Date”) and ending as provided in Section 5.01 (the
“Employment Period”). 
 ARTICLE 3 
 POSITION AND DUTIES 
 SECTION 3.01. Position and Duties. During the Employment Period, the Executive
shall continue to serve as President and Chief Executive Officer of the Company and will be nominated for re-election to the Board. In such capacity, the Executive shall have such responsibilities, powers and duties as may from time to time be
prescribed by the Board; provided that such responsibilities, powers and duties are substantially consistent with those customarily assigned to individuals serving in such positions at comparable companies or as may be reasonably required by the
conduct of the business of the Company. During the Employment Period, the Executive shall devote substantially all of his working time and efforts to the business and affairs of the Company and its subsidiaries. The Executive shall not directly or
indirectly render any services of a business, commercial or professional nature to any other Person or organization, whether for compensation or otherwise, without the prior written consent of the Company; provided, however, that nothing in this
Agreement shall preclude the Executive from managing his personal investments or serving as a director of a not-for-profit organization, so long as such activities do not interfere with the Executive’s performance of his duties hereunder.

 ARTICLE 4 
 BASE SALARY AND
BENEFITS 
 SECTION 4.01. Base Salary. During the Employment Period, the Executive’s base salary will be not less than
$1,000,000 per annum (the “Base Salary”). The Base Salary will be payable in accordance with the normal payroll practices of the Company. Annually, during the Employment Period, the Board shall review with the
Executive his job performance and compensation, and if deemed appropriate by the Board, in its discretion, the Executive’s Base Salary may be increased but not decreased and, if so increased, such adjusted Base Salary shall become the new Base
Salary and shall not thereafter during the Employment Period be decreased. 
 SECTION 4.02. Bonuses. During the Employment Period, in
addition to the Base Salary, the Executive shall be eligible to participate in an annual bonus plan on terms established from time to time by the Board; provided, however, that (i) the Executive’s target annual bonus will be not less than
100% of his Base Salary, and (ii) the Executive’s bonus will be paid at the same time as bonuses are paid for other senior executive officers. 
  

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 SECTION 4.03. Long Term Incentive Plans. During the Employment Period, the Executive shall be
eligible to participate in any long term incentive compensation plan maintained by the Company on the terms established from time to time by the Board or the Compensation Committee of the Board, as applicable. 
 SECTION 4.04. Benefits. During the Employment Term, the Executive shall be entitled to participate in all employee benefit and fringe benefit
plans and arrangements made available by the Company to its executives and key management employees upon the terms and subject to the conditions set forth in the applicable plan or arrangement; provided, however, that the Executive will be credited
with eleven (11) years of additional service credit under the Company’s Employee Retirement Plan (the “ERP”) and the Company’s retiree medical plan, representing the Executive’s years of service at PacifiCorp
Energy Inc. and its affiliates (“PacifiCorp”); provided, further however, that, to the extent such additional service credit cannot be provided under the ERP, the Company shall provide such benefits under a supplemental retirement
plan. Notwithstanding the foregoing, there shall be deducted from the benefits payable to the Executive under the ERP or a supplemental retirement plan an amount equal to the pension benefits payable to the Executive pursuant to any pension benefit
plans of PacifiCorp. The Executive will be entitled to a maximum of five (5) weeks of paid vacation annually during the Employment Period. 
 SECTION 4.05. Expenses. The Company shall reimburse the Executive for all reasonable expenses incurred by him in the course of performing his duties under this Agreement which are consistent with the Company’s policies in effect
from time to time with respect to travel, entertainment and other business expenses (“Reimbursable Expenses”), subject to the Company’s requirements with respect to reporting and documentation of expenses. In addition,
the Company shall reimburse the Executive for all reasonable expenses incurred by him for legal advice in finalizing this Agreement, subject to a maximum of $5,000. 
 ARTICLE 5 
 TERM AND TERMINATION 
 SECTION 5.01. Term. The Employment Period will terminate on the third anniversary of the Start Date unless further extended or sooner terminated
as hereinafter provided. Commencing on the third anniversary of the Start Date and on each anniversary thereafter, the Employment Period will automatically be extended for one (1) additional year, unless not later than ninety (90) days
immediately preceding such anniversary, the Company or the Executive shall have given written notice to the other that it does not wish to extend the Agreement. 
 SECTION 5.02. Termination for Good Reason or Without Cause. If the Employment Period shall be terminated prior to the expiration of the third anniversary of the Start Date (or the end of the Employment Period
as extended pursuant to Section 5.01) (a) by the Executive for Good Reason, or (b) by the Company without Cause, provided the Executive has delivered a signed Release of claims reasonably satisfactory to the Company (the
“Release”) to the Company’s General Counsel within thirty (30) days of the Date of Termination and not revoked the Release within the seven-day revocation period provided for in the Release, the Executive shall be
paid solely (i) Base Salary through the Date of Termination and any annual bonus awarded in accordance with the Company’s bonus program but not yet paid; (ii) an amount equal to two (2) times the Base Salary and two
(2) times the target annual bonus amount, provided that the Executive shall be entitled to any unpaid amounts only if the Executive has not breached and does not breach the provisions of Sections 6.01 and 7.01 hereof; (iii) a pro-rata
portion of the Executive’s target bonus for the year of termination, calculated by reference to the number of days during the bonus year during which he was employed by the Company; (iv) payment for all accrued, but unused, vacation time
through the Date of Termination; (v) payment for reasonable outplacement assistance services actually incurred by the Executive associated with seeking another employment position within 12 months of the Date of Termination; and
(vi) promptly following any such termination, the Executive shall be reimbursed all Reimbursable Expenses incurred by the Executive prior to such termination. The amounts described in clauses (i), (ii), and (iv) above will be paid in a
single lump sum within ten (10) days after the Date of Termination; provided, however, that no amount shall be paid until expiration of the 7-day statutory revocation period with respect to the release referred to in this Section 5.02
above. The amount described in 

  

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clause (iii) shall be paid in accordance with the terms of the applicable plan subject to the attainment of the performance goals applicable to such
bonus award. The amount described in clause (v) shall be paid no later than the end of the calendar year following the year in which such expense is incurred by the Executive. The terms of all Company restricted stock units, stock options and
other equity based awards will be as set forth in the applicable award agreements, and medical benefits shall be as provided in Section 5.05 below. The Executive’s entitlements under any other benefit plan or program shall be as determined
thereunder, except that severance benefits shall not be payable under any other plan or program. Notwithstanding the foregoing, if a termination of employment results in severance benefits being paid under the Change in Control Agreement (or any
successor thereto), no amounts or benefits will be paid to the Executive under this Section 5.02 or 5.05. 
 SECTION 5.03.
Termination Due to Death or Permanent Disability. If the Employment Period shall be terminated prior to the expiration of the third anniversary of the Start Date (or the end of the Employment Period as extended pursuant to Section 5.01)
due to the Executive’s death or Permanent Disability, the Executive (or his heirs, estate or legal representative) shall be entitled solely to (i) Base Salary through the Date of Termination and any annual bonus awarded in accordance with
the Company’s bonus program but not yet paid; (ii) a pro-rata portion of the Executive’s target bonus for the year of termination, calculated by reference to the number of days during the bonus year during which he was employed by the
Company; (iii) payment for all accrued, but unused, vacation time through the Date of Termination; and (iv) promptly following any such termination, the Executive (or his heirs, estate of legal representative) shall be reimbursed all
Reimbursable Expenses incurred by the Executive prior to such termination. The amounts described in clauses (i), (ii) and (iii) above will be paid in a single lump sum within ten (10) days after the Date of Termination. The terms of
all Company restricted stock units, stock options and other equity based awards will be as set forth in the applicable award agreements, and the Executive’s entitlements under any other benefit plan or program shall be as determined thereunder.

 SECTION 5.04. Termination for Cause or Other Than Good Reason. If the Employment Period shall be terminated prior to the expiration
of the third anniversary of the Start Date (or the end of the Employment Period as extended pursuant to Section 5.01) (a) by the Company for Cause, or (b) by the Executive other than for Good Reason and not due to the Executive’s
death or Permanent Disability, the Executive shall be entitled, within ten (10) days following the Date of Termination, to receive solely (i) the Base Salary through the Date of Termination; (ii) payment for all accrued, but unused,
vacation time through the Date of Termination; and (iii) reimbursement of all Reimbursable Expenses incurred by the Executive prior to such termination. The Executive’s rights under any benefit plan or program shall be as set forth
thereunder. 
 SECTION 5.05. Medical Benefits. (a) If the Employment Period is terminated as a result of a termination of
employment as specified in Section 5.02, the Executive and his dependents shall continue to receive his medical insurance benefits from the Company, on terms substantially comparable to the terms of the Company’s medical plan, for a period
equal to the lesser of (x) twenty four (24) months following the Date of Termination or (y) until the Executive is provided by another employer with benefits substantially comparable (with no preexisting condition limitations) to the
benefits provided by the Company’s medical plan. For purposes of enforcing this offset provision, the Executive shall have a duty to promptly inform the Company in writing as to the terms and conditions of any medical benefits provided in
connection with any subsequent employment. Notwithstanding the foregoing, the benefits provided in this Section 5.05 shall not in any way modify, limit, or waive any rights the Executive or his dependents may have with respect to any retiree or
other post-employment medical benefits, it being agreed that this Section 5.05 provides a minimum amount of coverage that must be provided, and not a replacement of any coverage to which the Executive or his dependents may otherwise be
entitled. 
 (b) The benefits set forth under Section 5.05(a) will be provided as follows: 
 (1) The first eighteen months will be available through COBRA. If the Executive elects COBRA continuation coverage, the Executive shall
continue to participate in all medical insurance plans he was participating on the Date of Termination, and the Company shall pay the applicable premium. To the extent that Executive had dependent coverage immediately prior to 

  

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termination of employment, such continuation of benefits for Executive shall also cover Executive’s dependents for so long as Executive is receiving
benefits under this paragraph and such dependents remain eligible. The COBRA Continuation Period for medical insurance under this paragraph shall be deemed to run concurrent with the continuation period federally mandated by COBRA (generally 18
months), or any other legally mandated and applicable federal, state, or local coverage period for benefits provided to terminated employees under the medical plan. For purposes of this Agreement, (a) “COBRA” means the
Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, and (b) “COBRA Continuation Period” shall mean the continuation period for medical insurance to be provided under the terms of this Agreement which shall
commence on the first day of the calendar month following the month in which the date of termination falls and generally shall continue for an 18-month period. 
 (2) Following the conclusion of the 18 month COBRA Continuation Period described above, the Company will provide coverage as follows:

 a) If the relevant medical plan is self insured (within the meaning of Code Section 105(h)), and such plan permits
coverage for the Executive, then the Company will continue to provide coverage under the plan for an additional six (6) months and will annually impute income to the Executive for the fair market value of the premium. 
 b) If, however, the plan does not permit the continued participation following the end of the COBRA Continuation Period as contemplated
above, then the Company will reimburse Executive for the actual cost to Executive of any individual medical insurance policy obtained by Executive in accordance with the procedures set forth in subsection (3) below. 
 (3) Reimbursement to the Executive pursuant to subsection (b) above will be available only to the extent that (a) such expense
is actually incurred for any particular calendar year and reasonably substantiated; (b) reimbursement shall be made no later than the end of the calendar year following the year in which such expense is incurred by the Executive; (c) no
reimbursement provided for any expense incurred in one taxable year will affect the amount available in another taxable year; and (d) the right to this reimbursement is not subject to liquidation or exchange for another benefit. Notwithstanding
the foregoing, no reimbursement will be provided for any expense incurred following the additional six (6) months, or for any expense that relates to coverage after such date or the original 24 month period contemplated by Section 5.05(a).

 SECTION 5.06. Notice of Termination. Any termination by the Company for Permanent Disability or Cause or without Cause or by the
Executive with or without Good Reason shall be communicated by written Notice of Termination to the other party hereto. For purposes of this Agreement, a “Notice of Termination” shall mean a notice which shall indicate the specific
termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of employment under the provision indicated. 
 SECTION 5.07. Date of Termination. “Date of Termination” shall mean (a) if the Employment Period is terminated as a result
of a Permanent Disability, the next business day after a Notice of Termination is given following the Permanent Disability; (b) if the Employment Period is terminated as a result of death, the date of death; and (c) if the Employment
Period is terminated for any other reason, the later of the date the Notice of Termination is given or the end of any applicable correction period except as otherwise specifically provided herein. 
 SECTION 5.08. No Duty to Mitigate. The Executive shall have no duty to seek new employment or other duty to mitigate following a termination of
employment as described in Section 5.02 above, and no compensation or benefits described in Section 5.02 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section 5.05.

  

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 SECTION 5.09. Release. Notwithstanding any other provision hereof, the Executive shall not be
required by the Release to release claims that the Executive may have against the Company for reimbursement of ordinary and necessary business expenses incurred by him during the course of his employment, claims that arise after the effective date
of the Release, any rights the Executive may have to enforce Sections 5.02 of this Agreement, and claims for which the Executive is entitled to be indemnified under the Company’s charter, by-laws or under applicable law or pursuant to the
Company’s directors’ and officer’s liability insurance policies. 
 ARTICLE 6 
 CONFIDENTIAL INFORMATION 
 SECTION 6.01.
Confidential Information and Trade Secrets. The Executive 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, financial methods, plans or the business and affairs of the Company and its Affiliates, constitute proprietary confidential information and trade
secrets. Accordingly, the Executive will not at any time during or after the Executive’s employment with the Company disclose or use for the Executive’s own benefit or purposes or the benefit or purposes of any Person, other than the
Company and any of its Affiliates, any proprietary confidential information or trade secrets. The foregoing obligations imposed by this Section 6.01 will not apply (i) in the course of the business of and for the benefit of the Company,
(ii) if such information has become, through no fault of the Executive, generally known to the public, or (iii) if the Executive is required by law to make disclosure (after giving the Company notice and an opportunity to contest such
requirement). The Executive agrees that upon termination of employment with the Company for any reason, the Executive will immediately return to the Company all memoranda, books, paper, 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. The Executive further agrees that the Executive will not retain or use for the Executive’s 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. 
 ARTICLE 7

 NONCOMPETITION 
 SECTION 7.01.
Noncompetition. (a) The Executive acknowledges and recognizes the highly competitive nature of the business of the Company and its Affiliates and accordingly agrees that during the term of the Executive’s employment and for a period
of two (2) years after the termination thereof: 
 (i) the Executive will not directly or indirectly engage in any business which is in
competition with 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 Restricted Territory; 
 (ii) the Executive will not perform or solicit the performance of services for any customer or client of the Company or any of its Affiliates; 
 (iii) the Executive 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 this Section 7.01, or (2) terminate such employee’s employment with the Company or any of its Affiliates. Moreover, the Executive will not directly or indirectly employ or offer employment (in
connection with any business which is in competition with 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 twelve (12) months; and 
  

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 (iv) the Executive will not directly or indirectly assist others in engaging in any of the activities
which are prohibited under clauses (i)-(iii) of this Section 7.01(a) above. 
 (b) The covenant contained in
Section 7.01(a)(i) above is intended to be construed as a series of separate covenants, one for each county, town, city and state or other political subdivision of a Restricted Territory. Except for geographic coverage, each such separate
covenant shall be deemed identical in terms to the covenant contained in the preceding subsections. If, in any judicial proceeding, the court shall refuse to enforce any of the separate covenants (or any part thereof) deemed included in such
subsections, then such unenforceable covenant (or such part) shall be deemed to be eliminated from this Agreement for the purpose of those proceedings to the extent necessary to permit the remaining separate covenants (or portions thereof) to be
enforced. 
 (c) It is expressly understood and agreed that although the Executive and the Company consider the restrictions contained in
this Section 7.01 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
Executive, 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.
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. 
 ARTICLE 8 
 EQUITABLE RELIEF 
 SECTION 8.01. Equitable Relief. The Executive acknowledges that (a) the
covenants contained in Sections 6.01 and 7.01 hereof are reasonable, (b) the Executive’s services are unique, and (c) a breach or threatened breach by him of any of his covenants and agreements with the Company contained in Sections
6.01 or 7.01 hereof could cause irreparable harm to the Company for which it would have no adequate remedy at law. Accordingly, and in addition to any remedies which the Company may have at law, in the event of an actual or threatened breach by the
Executive of his covenants and agreements contained in Sections 6.01 or 7.01 hereof, the Company shall be entitled as a matter of right to an injunction, without a requirement to post bond, out of any court of competent jurisdiction, restraining any
violation or further violation of such promises by the Executive or the Executive’s employees, partners or agents. 
 ARTICLE 9

 INDEMNIFICATION 
 SECTION
9.01. (a) Indemnification. The Company agrees that if the Executive is made a party, or is threatened to be made a party, to any action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact
that he is or was a director, officer or employee of the Company or is or was serving at the request of the Company as a director, officer, member, employee or agent of another corporation, partnership, joint venture, trust or other enterprise,
including service with respect to employee benefit plans, the Executive shall be indemnified and held harmless by the Company to the fullest extent permitted or authorized by applicable law and the Company’s certificate of incorporation or
bylaws, against all cost, expense, liability and loss (including, without limitation, attorney’s fees, judgments, fines, ERISA excise taxes or penalties and amounts paid or to be paid in settlement) reasonably incurred or suffered by the
Executive in connection therewith, and such indemnification shall continue as to the Executive even if he has ceased to be a director, member, employee or agent of the Company or other entity and shall inure to the benefit of the Executive’s
heirs, executors and administrators. 
  

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 (b) D&O Insurance. During the Employment Period, the Company shall keep in place a
directors’ and officers’ liability insurance policy (or policies) providing comprehensive coverage to the Executive to the same extent that the Company provides such coverage for any other officer or director of the Company and, after the
expiration of the Employment Period, the Executive shall be entitled to such coverage to the same extent that the Company provides such coverage for any other current or former officer or director of the Company. 
 ARTICLE 10 
 MISCELLANEOUS 
 SECTION 10.01. Remedies. The Company will have all rights and remedies set forth in this Agreement, all rights and remedies which the Company has
been granted at any time under any other agreement or contact and all of the rights which the Company has under any law. The Company will be entitled to enforce such rights specifically, without posting a bond or other security, to recover damages
by reason of any breach of any provision of this Agreement and to exercise all other rights granted by law. 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. 
 SECTION 10.02. Consent to Amendments. The provisions of this Agreement may be amended
or waived only by a written agreement executed and delivered by the Company and the Executive. No other course of dealing between the parties to this Agreement or any delay in exercising any rights hereunder will operate as a waiver of any rights of
any such parties. Notwithstanding the foregoing or any provisions of this Agreement to the contrary, the Company may at any time, with the consent of the Executive, modify or amend any provision of this Agreement or take any other action, to the
extent necessary or advisable to ensure that this Agreement complies with or is exempt from Section 409A of the Code and that any payments or benefits under this Agreement are not subject to interest and penalties under Section 409A of the
Code. 
 SECTION 10.03. Successors and Assigns. All covenants and agreements contained in this Agreement by or on behalf of any of the
parties hereto will bind and inure to the benefit of the respective successors and assigns of the parties hereto whether so expressed or not, provided that the Executive may not assign his rights or delegate his obligations under this Agreement
without the written consent of the Company and the Company may assign this Agreement only to a successor to all or substantially all of its assets. 
 SECTION 10.04. Severability. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be prohibited by
or invalid under applicable law, such provision will be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of this Agreement. 
 SECTION 10.05. Counterparts. This Agreement may be executed simultaneously in two or more counterparts, any one of which need not contain the
signatures of more than one party, but all of which counterparts taken together will constitute one and the same agreement. 
 SECTION 10.06.
Descriptive Headings. The descriptive headings of this Agreement are inserted for convenience only and do not constitute a part of this Agreement. 
 SECTION 10.07. Notices. All notices, demands or other communications to be given or delivered under or by reason of the provisions of this Agreement will be in writing and will be deemed to have been given when
delivered personally to the recipient, two (2) business days after the date when sent to the recipient by reputable express courier service (charges prepaid) or four (4) business days after the date when mailed to the recipient by
certified or registered mail, return receipt requested and postage prepaid. Such notices, demands and other communications will be sent to the Executive and to the Company at the addresses set forth below. 
  

			
	If to the Executive:	  	To the last address delivered to the Company by the Executive in the manner set forth herein.

  

 9 

			
	If to the Company:	  	 CONSOL Energy Inc.
 CNX Center
 1000 CONSOL Energy Drive
 Canonsburg, PA 15317
 Attn: Compensation Committee

	
	Copies of notices to the Company shall also be sent to:
		
		  	 Cahill Gordon & Reindel
 80 Pine
Street
 New York, NY 10005
 Attn: Glenn J. Waldrip, Jr., Esq.

 or to such other address or to the attention of such other person as the recipient party has specified by prior
written notice to the sending party. 
 SECTION 10.08. Withholding. The Company may withhold from any amounts payable under this
Agreement such federal, state, local or foreign taxes as shall be required to be withheld pursuant to any applicable law or regulation. 
 SECTION 10.09. No Third Party Beneficiary. This Agreement will not confer any rights or remedies upon any person other than the Company, the Executive and their respective heirs, executors, successors and assigns. 
 SECTION 10.10. Entire Agreement. This Agreement constitutes the entire agreement among the parties and supersedes any prior understandings,
agreements or representations by or among the parties, written or oral, that may have related in any way to the subject matter hereof, including, without limitation, the Letter Agreement and Original Employment Agreement. Notwithstanding the
foregoing, the Change in Control Agreement shall continue in full force and effect, in accordance with its terms. 
 SECTION 10.11. Legal
Fees and Expenses. In the event that the Executive institutes any legal action to enforce his rights under, or to recover damages for breach of this Agreement, the Executive, if he is the prevailing party, shall be entitled to recover from the
Company reasonable attorneys’ fees and disbursements incurred by him. Such fees and expenses will be paid by the Company in no event later than the end of the Executive’s taxable year following the Executive’s taxable year in which
the fees and expenses become due by reason of the Executive being the prevailing party. 
 SECTION 10.12. Construction. The language
used in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent, and no rule of strict construction will be applied against any party. Any reference to any federal, state, local or foreign statute or law
will be deemed also to refer to all rules and regulations promulgated thereunder, unless the context requires otherwise. The use of the word “including” in this Agreement means “including without limitation” and is
intended by the parties to be by way of example rather than limitation. 
 SECTION 10.13. Survival. Sections 5.02, 5.03, 5.04, 5.05,
5.08, 6.01, 7.01, 8.01, 9.01 and Article 10 hereof will survive and continue in full force in accordance with their terms notwithstanding any termination of the Employment Period, and the Agreement shall otherwise remain in full force to the extent
necessary to enforce any rights and obligations arising hereunder during the Employment Period. 
 SECTION 10.14. GOVERNING LAW. ALL
QUESTIONS CONCERNING THE CONSTRUCTION, VALIDITY AND INTERPRETATION OF THIS AGREEMENT WILL BE GOVERNED BY THE INTERNAL LAW OF PENNSYLVANIA, WITHOUT REGARD TO PRINCIPLES OF CONFLICT OF LAWS. 
  

 10 

 SECTION 10.15. Internal Revenue Code Section 409A. 
 (a) If any benefit provided under this Agreement is subject to the provisions of Section 409A of the Code and the regulations issued thereunder, the
provisions of the Agreement shall be administered, interpreted and construed in a manner necessary to comply with Section 409A and the regulations issued thereunder (or disregarded to the extent such provision cannot be so administered,
interpreted, or construed.) 
 (b) For purposes of the Agreement, the Executive shall be considered to have experienced a termination of
employment only if the Executive has terminated employment with the Company and all of its controlled group members within the meaning of Section 409A of the Code. For purposes hereof, the determination of controlled group members shall be made
pursuant to the provisions of Section 414(b) and 414(c) of the Code; provided that the language “at least 50 percent” shall be used instead of “at least 80 percent” in each place it appears in Section 1563(a)(1),(2) and
(3) of the Code and Treas. Reg. § 1.414(c)-2. Whether the Executive has terminated employment will be determined based on all of the facts and circumstances and in accordance with the guidance issued under Section 409A of the Code.

 (c) For purposes of Section 409A, each severance benefit payment shall be
treated as a separate payment. Each payment under this Agreement is intended to be excepted from Section 409A to the maximum extent provided under Section 409A as follows: (i) the Employee’s termination date and within the
applicable 2 1/2 month period specified in Treas. Reg. § 1.409A-1(b)(4) is intended to be excepted under the short-term
deferral exception as specified in Treas. Reg. § 1.409A-1(b)(4); (ii) post-termination medical benefits are intended to be excepted under the medical benefits exceptions as specified in Treas. Reg. § 1.409A-1(b)(9)(v)(B); and
(iii) to the extent payments are made as a result of an involuntary separation, each payment that is not otherwise excepted under the short-term deferral exception or medical benefits exception is intended to be excepted under the involuntary
pay exception as specified in Treas. Reg. § 1.409A-1(b)(9)(iii). The Executive shall have no right to designate the date of any payment under this Agreement. 
 (d) With respect to payments subject to Section 409A of the Code (and not excepted therefrom), if any, it is intended that each payment is paid on a permissible distribution event and at a specified time
consistent with Section 409A of the Code. The Company reserves the right to accelerate and/or defer any payment to the extent permitted and consistent with Section 409A. Notwithstanding any provision of this Agreement to the contrary,
to the extent that a payment hereunder is subject to Section 409A of the Code (and not excepted therefrom) and payable on account or a termination of employment, such payment shall be delayed for a period of six months after the date of
termination (or, if earlier, the death of the Executive ) if the Executive is a “specified employee” (as defined in Section 409A of the Code and determined in accordance with the procedures established by the Company). Any payment
that would otherwise have been due or owing during such 6-month period will be paid immediately following the end of the 6-month period in the month following the month containing the 6-month anniversary of the date of termination. 
 [remainder of page intentionally left blank] 
  

 11 

 [Signature Page for B. Harvey Employment Agreement] 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date and year first above written. 
  

			
	CONSOL ENERGY INC.
		
	By:	 	
	
	 /s/ William P. Powell

	Printed Name: William P. Powell
	Title: Chairman of Compensation Committee
	Dated: December 21, 2008

  

			
	 /s/ J. Brett Harvey

	J. Brett Harvey
	Dated: December 18, 2008

  

 12

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