Document:

Amended and Restated Pledge Agreement

 Exhibit 10.40 
 PLEDGE AGREEMENT 
 THIS AMENDED AND RESTATED PLEDGE AGREEMENT, dated as of June 27, 2007 (as
amended, restated, supplemented or modified from time to time, the “Agreement”), is given, made and entered into by each of the undersigned pledgors listed on the signature pages hereto and each of the other persons and entities
that become bound hereby from time to time by joinder, assumption, or otherwise (each, a “Pledgor” and collectively, the “Pledgors”), and Wilmington Trust Company, a Delaware banking corporation, not in its
individual capacity but solely as collateral trustee (the “Collateral Trustee”) for the equal and ratable benefit of the Secured Parties (as defined below) pursuant to the Collateral Trust Agreement (as defined below). 

WHEREAS, reference is made to that certain Credit Agreement, dated as of June 30, 2004, by and among CONSOL Energy Inc. (the
“Borrower”), each of the Guarantors party thereto, the lenders party thereto, LaSalle Bank National Association, Société Générale, New York Branch and SunTrust Bank, each in its capacity as a
co-documentation agent, and Citicorp North America, Inc. and PNC Bank, National Association, as co-administrative agents, pursuant to which the co-administrative agents and the lenders provided certain loans and other financial accommodations to the
Borrower and its Subsidiaries (the “Original Credit Agreement”); and 
 WHEREAS, pursuant to the Original Credit Agreement
and that certain Indenture, dated March 7, 2002, among the Borrower, certain of its Subsidiaries and The Bank of Nova Scotia Trust Company of New York, as trustee (as supplemented, modified, amended or restated from time to time, the
“Indenture”), the Collateral Trustee has entered into that certain Collateral Trust Agreement, dated as of June 30, 2004 (as supplemented, modified, amended or restated from time to time, the “Original Collateral Trust
Agreement”) with the Borrower, David A. Vanaskey, as individual trustee, and the Designated Subsidiaries (as defined therein) to accept the grant of a security interest under this Agreement as security for the Secured Obligations (as
defined below) for the equal and ratable benefit of the Secured Parties. 
 WHEREAS, the obligations, liabilities and indebtedness of the
Borrower and the other loan parties thereunder under the Original Credit Agreement, the Original Collateral Trust Agreement and under the other loan documents executed and delivered in connection therewith are secured pursuant to a pledge agreement
given in connection with the Original Credit Agreement (the “Original Pledge Agreement”); and 
 WHEREAS, the Original
Credit Agreement was amended and restated in its entirety by that certain Amended and Restated Credit Agreement dated as of April 1, 2005, by and among the Borrower, each of the Guarantors party thereto, the lenders party thereto, LaSalle Bank
National Association, Société Générale, New York Branch and SunTrust Bank, each in its capacity as a co-documentation agent, and Citicorp North America, Inc. and PNC Bank, National Association, as co-administrative agents
(the “Original Amended and Restated Credit Agreement”); 
 WHEREAS, the Original Amended and Restated Credit Agreement has
been amended and restated in its entirety by that certain Amended and Restated Credit Agreement of even date 

 
herewith, by and among the Borrower, each of the Guarantors party thereto, the Lenders party thereto (the “Lenders”), LaSalle Bank National
Association, Société Générale, New York Branch and SunTrust Bank, each in its capacity as a co-documentation agent, and Citicorp North America, Inc. and PNC Bank, National Association, as Co-Administrative Agents (the
“Co-Administrative Agents”) (as it may hereafter be amended, restated, modified or supplemented from time to time, the “Credit Agreement”); and 
 WHEREAS, the Original Collateral Trust Agreement has been amended and restated in its entirety by that certain Amended and Restated Collateral Trust
Agreement of even date herewith, by and among the Borrower, the Collateral Trustee, David A. Vanaskey, as individual trustee, and the Designated Subsidiaries (as defined therein) (as it may hereafter be amended, restated, modified or supplemented
from time to time, the “Collateral Trust Agreement”); and 
 WHEREAS, pursuant to the Credit Agreement , the Lenders have
agreed to continue to provide certain loans and other financial accommodations to the Borrower; and 
 WHEREAS, pursuant to and in
consideration of the Credit Agreement, certain of the issued and outstanding capital stock, shares, securities, member interests, partnership interests and other ownership interests of each of the Companies shall continue to be pledged to the
Collateral Trustee in accordance herewith; and 
 WHEREAS, each Pledgor owns the outstanding capital stock, shares, securities, member
interests, partnership interests and other ownership interests of the Companies as set forth on Schedule A hereto. 
 NOW,
THEREFORE, intending to be legally bound hereby, the parties hereto hereby agree as follows: 
  

	 	1.	Defined Terms. 

 (a) Except as otherwise expressly
provided herein, capitalized terms used in this Agreement shall have the respective meanings assigned to them in the Credit Agreement. Where applicable and except as otherwise expressly provided herein, terms used herein (whether or not capitalized)
shall have the respective meanings assigned to them in the Uniform Commercial Code as enacted in Pennsylvania as amended from time to time (the “Code”). 
 (b) “Pledged Collateral” shall mean and include all of each Pledgor’s present and future right, title and interest in and to the following: (i) all capital stock, shares, member interests,
partnership interests and other ownership interests in the corporations, limited liability companies, partnerships or other entities (each a “Company” and collectively the “Companies”) listed on Schedule A attached hereto
and made a part hereof (as updated pursuant to Section 5(g) hereof); (ii) together with all dividends or distributions paid or payable on any of the foregoing, and all books and records (whether paper, electronic or any other medium)
pertaining to the foregoing, including, without limitation, all stock record and transfer books; and (iii) all cash and non-cash proceeds (including, without limitation, insurance proceeds) of any of the foregoing property, all products
thereof, and all additions and accessions thereto, substitutions therefor and 

  

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replacements thereof; provided, however, that pursuant to Section 8.1.14 of the Credit Agreement, the Pledged Collateral shall not include (I) any
stock or assets acquired in a Permitted Acquisition, (II) any ownership interest in an Excluded Subsidiary (other than any wholly-owned Foreign Company or CNX Gas Corporation), (III) any assets described on Schedule 8.1.14 to the Credit
Agreement, or (IV) any of the Pledged Collateral described in clauses (ii) and (iii) related to the foregoing. 
 (c)
“Company” and “Companies” shall mean one or more of the entities issuing any of the Pledged Collateral which is or should be (in accordance with Section 5(g) hereof) described on Schedule A hereto.

 (d) “Debt Instruments” shall have the meaning set forth in the Collateral Trust Agreement. 
 (e) “Event of Default” shall mean an Actionable Default (as defined in the Collateral Trust Agreement). 
 (f) “Foreign Company” shall mean one or more of the entities issuing any of the Pledged Collateral which is not organized under the laws
of any state of the United States of America, which is, or should be, described on Schedule A. 
 (g) “Secured
Obligations” shall mean the Secured Debt (as defined in the Collateral Trust Agreement). 
 (h) “Secured Parties”
shall mean collectively, the Collateral Trustees (as defined in the Collateral Trust Agreement), the Co-Administrative Agents, the Paying Agent, the Lenders, The Bank of Nova Scotia Trust Company of New York or any successor thereto, as trustee
under the Indenture, and any other holders from time to time of the Secured Obligations and “Secured Party” shall mean each of them individually. 
  

	 	2.	Grant of Security Interests. 

 (a) To secure on a first
priority perfected basis the payment and performance of all Secured Obligations in full, each Pledgor hereby grants to the Collateral Trustee a continuing first priority security interest under the Code in and hereby pledges to Collateral Trustee,
in each case for the equal and ratable benefit of the Secured Parties, all of such Pledgor’s now existing and hereafter acquired or arising right, title and interest in, to, and under the Pledged Collateral whether now or hereafter existing and
wherever located, subject in all cases to Permitted Liens contemplated by clauses (vi), (x), (xii), (xiv), (xv), (xvi) and (xviii) of the definition of Permitted Liens and inchoate Liens that do not have priority over the Liens granted
under the Loan Documents (collectively, the “Permitted Pledged Collateral Liens”). 
 (b) Notwithstanding anything to the
contrary contained in this Agreement, the Pledged Collateral with respect to any one Foreign Company shall not exceed sixty-five percent (65%) of the total combined voting power of all classes of capital stock, shares, securities, member
interests, partnership interests and other ownership interests entitled to vote of such Foreign Company and this Agreement shall not apply to any such stock, shares, securities, 

  

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member interests, partnership interests or ownership interests which are in excess of such sixty five percent (65%) limitation. To the extent the
Collateral Trustee receives more than sixty five percent (65%) of the total combined voting power of all classes of capital stock, shares, securities, member interests, partnership interests and other ownership interests entitle to vote of any
Foreign Company, the Collateral Trustee shall return such excess stock, shares, securities, member interests, partnership interests and other ownership interests upon the request of a Pledgor. 
  

	 	3.	Further Assurances. 

 Prior to or concurrently with
the execution of this Agreement, and thereafter at any time and from time to time upon reasonable request of the Collateral Trustee, each Pledgor shall execute and deliver to the Collateral Trustee all financing statements, continuation financing
statements, assignments, certificates and documents of title, affidavits, reports, notices, schedules of account, letters of authority, further pledges, powers of attorney and all other documents (collectively, the “Security
Documents”) which the Collateral Trustee may reasonably request, in form reasonably satisfactory to the Collateral Trustee, and take such other action which the Collateral Trustee may reasonably request, to perfect and continue perfected
and to create and maintain the first priority status of the Collateral Trustee’s security interest in the Pledged Collateral and to fully consummate the transactions contemplated under this Agreement, subject only to Permitted Pledged
Collateral Liens. Each Pledgor hereby irrevocably makes, constitutes and appoints the Collateral Trustee (and any of the Collateral Trustee’s officers or employees or agents designated by the Collateral Trustee) as such Pledgor’s true and
lawful attorney with power to sign the name of such Pledgor on all or any of the Security Documents which the Collateral Trustee determines must be executed, filed, recorded or sent in order to perfect or continue perfected the Collateral
Trustee’s security interest in the Pledged Collateral in any jurisdiction. Such power, being coupled with an interest, is irrevocable until all of the Secured Obligations have been paid in full, the Commitments have terminated and all Letters
of Credit and Specified Swap Agreements have expired. 
  

	 	4.	Representations and Warranties. 

 Each Pledgor
hereby jointly and severally represents and warrants to the Collateral Trustee and the Secured Parties as follows: 
 (a) Such Pledgor, has
and will continue to have (or, in the case of after-acquired Pledged Collateral, at the time such Pledgor acquires rights in such Pledged Collateral, will have and will continue to have), title to its Pledged Collateral, free and clear of all Liens
other than Permitted Pledged Collateral Liens; 
 (b) The capital stock shares, securities, member interests, partnership interests and other
ownership interests constituting the Pledged Collateral have been duly authorized and validly issued to such Pledgor (as set forth on Schedule A hereto), are fully paid and nonassessable and constitute the following (i) the percentage
listed on Schedule A of the issued and outstanding capital stock, member interests and partnership interests of each of the Companies which are not Foreign Companies, and (ii) the lesser of (x) sixty five percent (65%)

  

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of the issued and outstanding capital stock, shares, securities, member interests and partnership interests of each of the Foreign Companies or (y) all
of the issued and outstanding capital stock, member interests and partnership interests owned by any Loan Party of each Foreign Company; 
 (c) The security interests in the Pledged Collateral granted hereunder are valid, and, except to the extent permitted to be un-perfected pursuant to Section 5(n) hereof are perfected and of first priority, subject to the Lien of no
other Person other than Permitted Pledged Collateral Liens; 
 (d) Other than restrictions on the sale or transfer of CNX Gas Corporation
common stock or other securities beneficially owned by any Loan Party which are contained or entered into in connection with public or private underwriting/placement arrangements for public or private offering of the common stock or other securities
of CNX Gas Corporation, there are no restrictions upon the transfer of the Pledged Collateral and such Pledgor has the power and authority and right to transfer the Pledged Collateral owned by such Pledgor free of any encumbrances, subject to
Permitted Pledged Collateral Liens, and without obtaining the consent of any other Person; 
 (e) Such Pledgor has all necessary power to
execute, deliver and perform this Agreement; 
 (f) Such Pledgor’s exact legal name is as set forth on the signature page hereto;

 (g) The state of incorporation, formation or organization as applicable, of such Pledgor is as set forth on Schedule A hereto;

 (h) Such Pledgor’s chief executive office is as set forth on the signature page hereto; and 
 (i) All rights of such Pledgor in connection with its ownership of each of the Companies pledged by such Pledgor hereunder are either (i) evidenced
and governed solely by the stock certificates, instruments or other documents evidencing ownership and organizational documents of each of the Companies or (ii) uncertificated securities with respect to which such Pledgor has caused the issuer
thereof either (A) to note or register the security interest of the Collateral Trustee in the appropriate company records or (B) to agree in an authenticated record with such Pledgor and the Collateral Trustee that, upon the occurrence and
during the continuation of an Event of Default, such issuer will comply with instructions with respect to such security originated by the Collateral Trustee without further consent of such Pledgor, including without limitation, the Collateral
Trustee’s instructions with respect to the assignment or other transfer of such securities; if such Pledgor is an issuer of such securities, such Pledgor confirms that it has received notice of such security interest; 
 (j) Other than as described on Schedule B hereto, no shareholder or other similar agreements, other than organizational documents, are applicable
to any of the Pledged Collateral and no organizational document of any Company, except CNX Gas Corporation, contains any restrictions on the rights of shareholders, members or partners other than those that normally would apply to a company
organized under the laws of the jurisdiction of organization of each of the Companies. 
  

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	 	5.	General Covenants. 

 Each Pledgor hereby covenants
and agrees as follows: 
 (a) Such Pledgor shall do all reasonable acts that may be necessary and appropriate to maintain, preserve and
protect the Pledged Collateral and the Collateral Trustee’s interest therein, subject to Permitted Pledged Collateral Liens and restrictions on the sale or transfer of CNX Gas Corporation common stock or other securities beneficially owned by
any Loan Party which are contained or entered into in connection with public or private underwriting/placement agreements for public or private offering of the common stock or other securities of CNX Gas Corporation; such Pledgor shall be
responsible for the risk of loss of, damage to, or destruction of the Pledged Collateral owned by such Pledgor, unless such loss is the result of the gross negligence or willful misconduct of the Collateral Trustee. 
 (b) [Intentionally Deleted] 
 (c) Such
Pledgor shall, and shall cause each of the Companies to, keep separate, accurate and complete records of the Pledged Collateral, disclosing the Collateral Trustee’s security interest hereunder; 
 (d) Such Pledgor shall comply with all Laws applicable to the Pledged Collateral unless any noncompliance would not individually or in the aggregate
materially impair the use or value of the Pledged Collateral or the Collateral Trustee’s rights hereunder; 
 (e) If and to the full
extent required under the terms of any contract, agreement, document or instrument related to any of the Companies or their respective shareholders, members, partners or other equity owners, such Pledgor has heretofore and hereby reaffirms and
ratifies its consent and approval to, and all necessary waivers with respect to, the pledge of the Pledged Collateral by any Pledgor under the terms of this Agreement and the exercise by the Collateral Trustee of any and all rights and remedies
contemplated hereby and such Pledgor hereby waives any prior notice with respect to such consent and approval. 
 (f) Such Pledgor shall
permit the Collateral Trustee, its officers, employees and agents at reasonable times to inspect all books and records related to the Pledged Collateral, provided that prior to an Event of Default, the same is done with reasonable advance
notice during normal business hours and in accordance with such Pledgor’s standard safety, visit and inspection procedures and no such visit or inspection shall interfere with such Pledgor’s normal business operation; 
 (g) Subject to Section 2(b) hereof, to the extent, following the date hereof, such Pledgor acquires capital stock, shares, member interests,
partnership interests and other ownership interests of any of the Companies or any Subsidiary of the Borrower acquired or formed after the date hereof, other than Subsidiaries acquired pursuant to a Permitted Acquisition and other than Excluded
Subsidiaries (except for wholly-owned Foreign Companies or CNX Gas 

  

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Corporation), or any of the rights, property or securities, shares, capital stock, member interests, partnership interests or any other ownership interests
described in the definition of Pledged Collateral with respect to any of the Companies or any Subsidiary of the Borrower acquired or formed after the date hereof, other than Subsidiaries acquired pursuant to a Permitted Acquisition and other than
Excluded Subsidiaries (except for wholly-owned Foreign Companies or CNX Gas Corporation), such ownership interests shall be subject to the terms hereof and, upon such acquisition or formation, shall be deemed to be hereby pledged to the Collateral
Trustee; and, such Pledgor thereupon shall deliver an updated Schedule A hereto to the Collateral Trustee; 
 (h) Except as
permitted by the Credit Agreement, during the term of this Agreement, such Pledgor shall not sell, assign, replace, retire, transfer or otherwise dispose of its Pledged Collateral; 
 (i) Such Pledgor will not change its state of incorporation, formation or organization, as applicable without providing fifteen (15) days prior
written notice to the Collateral Trustee; 
 (j) Such Pledgor will not change its name without providing fifteen (15) days prior written
notice to the Collateral Trustee; 
 (k) [Intentionally Deleted] 
 (l) All certificates or instruments representing or evidencing Pledged Collateral shall be delivered to and held by or on behalf of the Collateral
Trustee pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Collateral Trustee;

 (m) With respect to any Pledged Collateral in which any Pledgor has any right, title or interest and that constitutes an uncertificated
security, such Pledgor will cause the issuer thereof either (i) to note or register the security interest created hereby in the appropriate company records or (ii) to agree in an authenticated record with such Pledgor and the Collateral
Trustee that upon the occurrence and during the continuance of an Event of Default such issuer will comply with instructions with respect to such security originated by the Collateral Trustee without further consent of such Pledgor, including
without limitation, the Collateral Trustee’s instructions with respect to the assignment or other transfer of such securities, such authenticated record to be in form and substance reasonably satisfactory to the Collateral Trustee and such
Pledgor. With respect to any Pledged Collateral in which any Pledgor has any right, title or interest and that is not an uncertificated security, upon the request of the Collateral Trustee, such Pledgor will notify each such issuer of such Pledged
Collateral that such Pledged Collateral is subject to the security interest granted hereunder; and 
 (n) Except with respect to security
entitlements in any account for which the average daily balance does not exceed $5,000,000, with respect to any Pledged Collateral in which any Pledgor has any right, title or interest and that constitutes a security entitlement in which the
Collateral Trustee is not the entitlement holder, such Pledgor will use its commercial good faith efforts to cause the securities intermediary with respect to such security entitlement to either (i)

  

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to identify in its records the Collateral Trustee as the entitlement holder of such security entitlement against such securities intermediary or
(ii) agree in an authenticated record with such Pledgor and the Collateral Trustee that, upon the occurrence and during the continuance of an Event of Default, such securities intermediary will comply with entitlement orders (that is,
notifications communicated to such securities intermediary directing transfer or redemption of the financial asset to which such Pledgor has a security entitlement) originated by the Collateral Trustee without further consent of such Pledgor, such
authenticated record to be in substantially the form of Exhibit A hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent (such agreement being a “Securities Account Control Agreement”);

  

	 	6.	Other Rights With Respect to Pledged Collateral. 

 In addition to the other rights with respect to the Pledged Collateral granted to the Collateral Trustee hereunder, at any time and from time to time, after and during the continuation of an Event of Default, the Collateral Trustee, at its
option and at the expense of the Pledgors, may (a) transfer into its own name, or into the name of its nominee, all or any part of the Pledged Collateral, thereafter receiving all dividends, income or other distributions upon the Pledged
Collateral; (b) take control of and manage all or any of the Pledged Collateral; (c) apply to the payment of any of the Secured Obligations, whether any be due and payable or not, any moneys, including cash dividends and income from any
Pledged Collateral, now or hereafter in the hands of the Collateral Trustee or any Secured Party, on deposit or otherwise, belonging to any Pledgor, as the Collateral Trustee in its sole discretion shall determine; and (d) do anything which any
Pledgor is required but fails to do hereunder. 
  

	 	7.	Additional Remedies Upon Event of Default. 

 Upon
the occurrence of any Event of Default and while such Event of Default shall be continuing, the Collateral Trustee shall have, in addition to all rights and remedies of a secured party under the Code or other applicable Law, and in addition to its
rights under Section 6 above and under the other Loan Documents to which it is a party, the following rights and remedies: 
 (a) The
Collateral Trustee may, after ten (10) days’ advance notice to a Pledgor, sell, assign, give an option or options to purchase or otherwise dispose of such Pledgor’s Pledged Collateral or any part thereof at public or private sale, at
any of the Collateral Trustee’s offices or elsewhere, for cash, on credit or for future delivery, and upon such other terms as the Collateral Trustee may deem commercially reasonable. Each Pledgor agrees that ten (10) days’ advance
notice of the time and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification. The Collateral Trustee shall not be obligated to make any sale of Pledged Collateral regardless of
notice of sale having been given. The Collateral Trustee may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which
it was so adjourned. Each Pledgor recognizes that the Collateral Trustee may be compelled to resort to one or more private sales of the Pledged Collateral to a restricted group of purchasers who will be obliged to agree, among other things, to
acquire such securities, shares, capital stock, member interests, partnership interests or ownership interests for their own account for investment and not with a view to the distribution or resale thereof. 
  

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 (b) The proceeds of any collection, sale or other disposition of the Pledged Collateral, or any part
thereof, shall be applied as set forth in the Collateral Trust Agreement. 
  

	 	8.	Collateral Trustee’s Duties. 

 The powers
conferred on the Collateral Trustee hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and
the accounting for moneys actually received by it hereunder, the Collateral Trustee shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to
any Pledged Collateral. 
  

	 	9.	Additional Pledgors. 

 It is anticipated that
additional persons will from time to time become Subsidiaries of the Borrower or a Guarantor, each of whom may be required to join this Pledge Agreement to the extent required by the Credit Agreement. It is acknowledged and agreed that new
Subsidiaries of the Borrower or of a Guarantor may become Pledgors hereunder and will be bound hereby simply by executing and delivering to Collateral Trustee a Guarantor Joinder in the form of Exhibit 1.1(G)(1) to the Credit Agreement. In
addition, a new Schedule A hereto shall be provided to Collateral Trustee showing the pledge of the ownership interest in such new Subsidiary and any ownership interests that such new Subsidiary owns in any other Person. 
  

	 	10.	No Waiver; Cumulative Remedies. 

 No failure to
exercise, and no delay in exercising, on the part of the Collateral Trustee, any right, power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power or privilege hereunder preclude any
further exercise thereof or the exercise of any other right, power or privilege. The remedies herein provided are cumulative and not exclusive of any remedies provided under the Debt Instruments or by Law. Each Pledgor waives any right to require
the Collateral Trustee to proceed against any other Person or to exhaust any of the Pledged Collateral or other security for the Secured Obligations or to pursue any remedy in the Collateral Trustee’s power. 
  

	 	11.	No Discharge Until Payment of the Secured Obligations. 

 The pledge, security interests, and other Liens and the obligations of each Pledgor hereunder shall not be discharged or impaired or otherwise diminished by any failure, default, omission, or delay, willful or otherwise, by Collateral
Trustee, or any other obligor on any of the Secured Obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of such Pledgor or which would otherwise
operate as a discharge of such Pledgor as a matter of law or equity except for, and to the extent of, payment and performance of the Secured Obligations. Without limiting the generality of the foregoing, each Pledgor hereby consents to, and the
pledge, security interests, 

  

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and other Liens given by such Pledgor hereunder shall not be diminished, terminated, or otherwise similarly affected by any of the following at any time and
from time to time: 
 (a) Any lack of genuineness, legality, validity, enforceability, or allowability (in a bankruptcy, insolvency,
reorganization or similar proceeding, or otherwise), or any avoidance or subordination, in whole or in part, of any Debt Instrument or any of the Secured Obligations and regardless of any law, regulation, or order now or hereafter in effect in any
jurisdiction affecting any of the Secured Obligations, any of the terms of the Debt Instruments, or any rights of the Collateral Trustee or any other Person with respect thereto; 
 (b) Any increase, decrease, or change in the amount, nature, type or purpose of any of the Secured Obligations (whether or not contemplated by the Debt
Instruments as presently constituted); any change in the time, manner, method, or place of payment or performance of, or in any other term of, any of the Secured Obligations; any execution or delivery of any additional Debt Instruments, or documents
evidencing or related to the Secured Obligations; or any amendment, modification or supplement to, or refinancing or refunding of, any Debt Instrument or any of the Secured Obligations; 
 (c) Any failure to assert any breach of or default under any Debt Instrument or any of the Secured Obligations; any extensions of credit in excess of the
amount committed under or contemplated by any Debt Instrument, or in circumstances in which any condition to such extensions of credit has not been satisfied; any other exercise or non-exercise, or any other failure, omission, breach, default,
delay, or wrongful action in connection with any exercise or non-exercise, of any right or remedy against such Pledgor or any other Person under or in connection with any Debt Instrument or any of the Secured Obligations; any refusal of payment or
performance of any of the Secured Obligations, whether or not with any reservation of rights against any Pledgor; or any application of collections (including collections resulting from realization upon any direct or indirect security for the
Secured Obligations) to other obligations, if any, not entitled to the benefits of this Agreement, in preference to Secured Obligations or, if any collections are applied to Secured Obligations, any application to particular Secured Obligations;

 (d) Any taking, exchange, amendment, modification, supplement, termination, subordination, release, loss, or impairment of, or any failure
to protect, perfect, or preserve the value of, or any enforcement of, realization upon, or exercise of rights or remedies under or in connection with, or any failure, omission, breach, default, delay, or wrongful action by the Collateral Trustee or
any other Person in connection with the enforcement of, realization upon, or exercise of rights or remedies under or in connection with, or, any other action or inaction by Collateral Trustee or any other Person in respect of, any direct or indirect
security for any of the Secured Obligations (including the Pledged Collateral). As used in this Agreement, “direct or indirect security” for the Secured Obligations, and similar phrases, includes any collateral security, guaranty,
suretyship, letter of credit, capital maintenance agreement, put option, subordination agreement, or other right or arrangement of any nature providing direct or indirect assurance of payment or performance of any of the Secured Obligations, made by
or on behalf of any Person; 
  

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 (e) Any merger, consolidation, liquidation, dissolution, winding-up, charter revocation, or forfeiture,
or other change in, restructuring or termination of the corporate structure or existence of, any Pledgor or the Borrower or any other Person; any bankruptcy, insolvency, reorganization or similar proceeding with respect to any Pledgor or the
Borrower or any other Person; or any action taken or election (including any election under Section 1111(b)(2) of the United States Bankruptcy Code or any comparable law of any jurisdiction) made by the Collateral Trustee or any Pledgor or the
Borrower or by any other Person in connection with any such proceeding; 
 (f) Any defense, setoff, or counterclaim which may at any time be
available to or be asserted by any Pledgor or the Borrower or any other Person with respect to any Debt Instrument or any of the Secured Obligations, other than, and to the extent of, payment and performance of the Secured Obligations; or any
discharge by operation of law or release of any Pledgor or the Borrower or any other Person from the performance or observance of any Debt Instrument or any of the Secured Obligations; and 
 (g) Any other event or circumstance, whether similar or dissimilar to the foregoing, and whether known or unknown, which might otherwise constitute a
defense available to, or limit the liability of a guarantor or a surety, including any Pledgor, excepting only full, strict, and indefeasible payment and performance of the Secured Obligations in full. 
  

	 	12.	[Intentionally Deleted] 

  

	 	13.	Waivers. 

 Each Pledgor hereby waives any and all
defenses which any Pledgor may now or hereafter have based on principles of suretyship, impairment of collateral, or the like, other than, and to the extent of, the defense of prior payment of the Secured Obligations, and each Pledgor hereby waives
any defense to or limitation on its obligations under this Agreement arising out of or based on any event or circumstance referred to in Section 11 hereof, other than, and to the extent of, the defense of prior payment of the Secured
Obligations. Without limiting the generality of the foregoing and to the fullest extent permitted by applicable law, each Pledgor hereby further waives each of the following: 
 (a) Except as may be expressly provided in the Credit Agreement or other Debt Instruments, all notices, disclosures and demands of any nature which
otherwise might be required from time to time to preserve intact any rights against such Pledgor, including the following: any notice of any event or circumstance described in the immediately preceding section hereof; any notice required by any law,
regulation or order now or hereafter in effect in any jurisdiction; any notice of nonpayment, nonperformance, dishonor, or protest under any Debt Instrument or any of the Secured Obligations; any notice of the incurrence of any Secured Obligations;
any notice of any default or any failure on the part of such Pledgor or the Borrower or any other Person to comply with any Debt Instrument or any of the Secured Obligations or any requirement pertaining to any direct or indirect security for any of
the Secured Obligations; and any notice or other information pertaining to the business, operations, condition (financial or otherwise), or prospects of the Borrower or any other Person; 
  

 11 

 (b) Any right to any marshalling of assets, to the filing of any claim against such Pledgor or the
Borrower or any other Person in the event of any bankruptcy, insolvency, reorganization, or similar proceeding, or to the exercise against such Pledgor or the Borrower, or any other Person of any other right or remedy under or in connection with any
Debt Instrument or any of the Secured Obligations or any direct or indirect security for any of the Secured Obligations; any requirement of promptness or diligence on the part of the Collateral Trustee or any other Person; any requirement to exhaust
any remedies under or in connection with, or to mitigate the damages resulting from default under, any Debt Instrument or any of the Secured Obligations or any direct or indirect security for any of the Secured Obligations; any benefit of any
statute of limitations; and any requirement of acceptance of this Agreement or any other Debt Instrument, and any requirement that any Pledgor receive notice of any such acceptance; and 
 (c) Any defense or other right arising by reason of any Law now or hereafter in effect in any jurisdiction pertaining to election of remedies (including
anti-deficiency laws, “one action” laws, or the like), or by reason of any election of remedies or other action or inaction by the Collateral Trustee (including commencement or completion of any judicial proceeding or nonjudicial sale or
other action in respect of collateral security for any of the Secured Obligations), which results in denial or impairment of the right of the Collateral Trustee to seek a deficiency against the Borrower or any other Person or which otherwise
discharges or impairs any of the Secured Obligations. 
  

	 	14.	Assignment. 

 (a) This Agreement shall be binding
upon and inure to the benefit of the Collateral Trustee, the Secured Parties and their respective successors and assigns, and each Pledgor and each of its respective successors and assigns, except that no Pledgor may assign or transfer such
Pledgor’s obligations hereunder or any interest herein other than assignments and transfers permitted by the Credit Agreement. 
 (b)
The Collateral Trustee may resign and a successor Collateral Trustee may be appointed in the manner provided in the Collateral Trust Agreement. Upon the acceptance of any appointment as a collateral trustee by a successor collateral trustee, that
successor collateral trustee shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring collateral trustee, as secured party under this Agreement and the retiring collateral trustee shall
thereupon be discharged from its duties and obligations under this Agreement. After any retiring collateral trustee’s resignation, the provisions of this Agreement shall inure to its benefit as to any actions taken or omitted to be taken by it
under this Agreement while it was Collateral Trustee. 
  

	 	15.	Severability. 

 The provisions of this Agreement are
intended to be severable. If any provision of this Agreement shall be held invalid or unenforceable in whole or in part in any jurisdiction, such 

  

 12 

 
provision shall, as to such jurisdiction, be ineffective to the extent of such invalidity or unenforceability without in any manner affecting the validity or
enforceability thereof in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 
  

	 	16.	Governing Law. 

 This Agreement shall be deemed to
be a contract under the laws of the Commonwealth of Pennsylvania and for all purposes shall be governed by and construed in accordance with the laws of said Commonwealth without regard to its conflict of laws principles, except to the extent that
the validity or perfection of the Lien and the security interest hereunder, or remedies hereunder, in respect of any particular Pledged Collateral are governed by the laws of a jurisdiction other than the Commonwealth of Pennsylvania. 
  

	 	17.	Notices. 

 All notices, requests, demands,
directions and other communications (collectively, “notices”) given to or made upon any party hereto under the provisions of this Agreement shall be as set forth in Section 11.6 [Notices] of the Credit Agreement in the case of the
Pledgors and as set forth in Section 7.2 of the Collateral Trust Agreement in the case of the Collateral Trustee. 
  

	 	18.	Specific Performance. 

 Each Pledgor acknowledges
and agrees that, in addition to the other rights of the Collateral Trustee hereunder and under the other Loan Documents to which it is a party, because the Collateral Trustee’s remedies at law for failure of such Pledgor to comply with the
provisions hereof relating to the Collateral Trustee’s rights (i) to inspect the books and records related to the Pledged Collateral, (ii) to receive the various notifications such Pledgor is required to deliver hereunder,
(iii) to obtain copies of agreements and documents as provided herein with respect to the Pledged Collateral, (iv) to enforce the provisions hereof pursuant to which the such Pledgor has appointed the Collateral Trustee its
attorney-in-fact, and (v) to enforce the Collateral Trustee’s remedies hereunder, would be inadequate and that any such failure would not be adequately compensable in damages, such Pledgor agrees that each such provision hereof may be
specifically enforced. 
  

	 	19.	Voting Rights in Respect of the Pledged Collateral. 

 So long as no Event of Default shall occur and be continuing, each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral or any part thereof for any purpose not inconsistent with the terms
of this Agreement or the other Debt Instruments. The Pledgors shall not vote (i) to enable, or take any other action to permit, any of the Companies to issue any stock, capital stock, shares, member interests, partnership interests, other
equity securities or other ownership interests of any nature of any such Company, other than stock options, stock appreciation rights, restricted stock, restricted stock units, other stock-based awards as well as performance awards of CNX Gas
Corporation that may be made from time to time to directors, employees, and consultants of CNX Gas Corporation and its affiliates (including the Loan Parties) and overallotment options granted to underwriters or placement 

  

 13 

 
agents for additional shares of common stock or other securities of CNX Gas Corporation granted in connection with public or private offerings of its common
stock or other securities or (ii) to enter into any agreement or undertaking restricting the right or ability of the Pledgor or the Collateral Trustee to sell, assign or transfer any of the Pledged Collateral, other than restrictions on the
sale or transfer of CNX Gas Corporation common stock or other securities beneficially owned by any Loan Party which are contained or entered into in connection with public or private underwriting/placement agreements for public or private offering
of the common stock or other securities of CNX Gas Corporation. 
  

	 	20.	Consent to Jurisdiction. 

 EACH PLEDGOR, EACH
COMPANY AND THE COLLATERAL TRUSTEE HEREBY IRREVOCABLY CONSENTS TO THE NONEXCLUSIVE JURISDICTION OF THE COURT OF COMMON PLEAS OF ALLEGHENY COUNTY AND THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF PENNSYLVANIA AND THE DELAWARE STATE AND
UNITED STATES DISTRICT COURTS LOCATED IN WILMINGTON, DELAWARE, AND WAIVES PERSONAL SERVICE OF ANY AND ALL PROCESS UPON IT AND CONSENTS THAT ALL SUCH SERVICE OF PROCESS BE MADE BY CERTIFIED OR REGISTERED MAIL DIRECTED TO SUCH PLEDGOR, SUCH COMPANY OR
THE COLLATERAL TRUSTEE AT THE ADDRESSES PROVIDED FOR IN SECTION 17 HEREOF AND SERVICE SO MADE SHALL BE DEEMED TO BE COMPLETED UPON ACTUAL RECEIPT THEREOF. EACH PLEDGOR, EACH COMPANY AND THE COLLATERAL TRUSTEE WAIVES ANY OBJECTION TO
JURISDICTION AND VENUE OF ANY ACTION INSTITUTED AGAINST IT AS PROVIDED HEREIN AND AGREES NOT TO ASSERT ANY DEFENSE BASED ON LACK OF JURISDICTION OR VENUE. 
  

	 	21.	Waiver of Jury Trial. 

 EACH PLEDGOR, EACH
COMPANY AND THE COLLATERAL TRUSTEE HEREBY WAIVES TRIAL BY JURY IN ANY ACTION, SUIT, PROCEEDING OR COUNTERCLAIM OF ANY KIND ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE PLEDGED COLLATERAL TO THE FULL EXTENT PERMITTED BY LAW. 
  

	 	22.	Entire Agreement; Amendments. 

 This Agreement
supersedes all prior understandings and agreements, whether written or oral, between the parties hereto and thereto relating to the transactions provided for herein. 
  

	 	23.	Counterparts; Telecopy Signatures. 

 This Agreement
may be executed by different parties hereto on any number of separate counterparts, each of which, when so executed and delivered, shall be an original, and all such counterparts shall together constitute one and the same instrument. Delivery of an
executed 

  

 14 

 
signature page by telecopy or electronic signature delivery system (in either case in a form acceptable to the Collateral Trustee) shall be effective as
delivery of a manually executed signature page to this Agreement. 
  

	 	24.	Construction. 

 The rules of construction contained
in Section 1.2 of the Credit Agreement apply to this Agreement. 
  

	 	25.	Termination. 

 This Agreement shall terminate upon
the satisfaction of the conditions set forth in, and in accordance with the provisions of, Section 6 of the Collateral Trust Agreement. All or any portion of the Pledged Collateral shall be released upon the satisfaction of the conditions set
forth in, and in accordance with the provisions of, Section 6 of the Collateral Trust Agreement. 
  

	 	26.	No Conflict. 

 The parties agree that in the event
of any conflict between the provisions of this Agreement and the provisions of the Collateral Trust Agreement, the provisions of the Collateral Trust Agreement shall control. Notwithstanding any provision in this Agreement to the contrary, the
parties and signatories hereto acknowledge and agree that any and all rights, powers, privileges, duties, responsibilities, liabilities and/or obligations (including but not limited to the right to grant or withhold consent and the right to act or
refrain from acting), whether discretionary or mandatory, are and shall be exercised by the Collateral Trustee solely in accordance with the terms and conditions of the Collateral Trust Agreement, at the direction of the Credit Facility Agent (as
defined in the Collateral Trust Agreement) or other entity specified in the Collateral Trust Agreement as having the right to give direction to the Collateral Trustee, and subject further to the rights of the Collateral Trustee to require
officers’ certificate(s), opinion(s) and advice from counsel, accountants, appraisers and other third parties, advancement of expenses and/or assurances of indemnity satisfactory to the Collateral Trustee. 
  

	 	27.	Amendment and Restatement; No Novation. 

 The
Original Pledge Agreement is hereby amended and restated in its entirety, and this Agreement is not intended to constitute and does not constitute an interruption, suspension of continuity, satisfaction, discharge of prior duties, novation or
termination of the liens, security interests, indebtedness, loans, liabilities, expenses or obligations under the Original Credit Agreement, the Original Collateral Trust Agreement or the Original Pledge Agreement. Each Pledgor acknowledges and
agrees that the Original Pledge Agreement has continued to secure the indebtedness, loans, liabilities, expenses, and obligations under the Original Credit Agreement, as amended and restated by the Original Amended and Restated Credit Agreement, as
amended and restated by the Credit Agreement, and the Original Collateral Trust Agreement, as amended and restated by the Collateral Trust Agreement, since the date of execution of the Original Pledge Agreement, and that this Agreement is entitled
to all rights and benefits originally pertaining to the Original Pledge Agreement. 
 [SIGNATURES APPEAR ON FOLLOWING PAGES]

  

 15 

 [SIGNATURE PAGE - AMENDED AND RESTATED PLEDGE AGREEMENT] 
 IN WITNESS WHEREOF, and intending to be legally bound, the parties hereto have caused this Agreement to be duly executed as of the date first above
written. 
  

			
	PLEDGORS
	
	CONSOL ENERGY INC.
		
	By:	 	 

			
	Name:	 	John M. Reilly
	Title:	 	Vice President and Treasurer

			
	Address:	 	1800 Washington Road
		 	Pittsburgh, Pennsylvania 15241

  

 [SIGNATURE PAGE - AMENDED AND RESTATED PLEDGE AGREEMENT] 
  

			
	PLEDGORS:
	
	CNX MARINE TERMINALS INC.
	CONSOL OF CANADA INC.
	CONSOL OF CENTRAL PENNSYLVANIA LLC
	CONSOL OF KENTUCKY INC.
	CONSOL OF OHIO LLC
	CONSOL OF WYOMING LLC
	CONSOL PENNSYLVANIA COAL COMPANY LLC
	J.A.R. BARGE LINES, LLC
	LEATHERWOOD, INC.
	MON RIVER TOWING, INC.
	ROCHESTER & PITTSBURGH COAL COMPANY
	WOLFPEN KNOB DEVELOPMENT COMPANY
		
	By:	 	 
	John M. Reilly, Treasurer of each Pledgor listed above on behalf of each such Pledgor
	
	Address as to each Pledgor:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241

 [SIGNATURE PAGE - AMENDED AND RESTATED PLEDGE AGREEMENT] 
  

			
	PLEDGORS:
	
	CENTRAL OHIO COAL COMPANY
	CONSOLIDATION COAL COMPANY
	EIGHTY-FOUR MINING COMPANY
	HELVETIA COAL COMPANY
	ISLAND CREEK COAL COMPANY
	KEYSTONE COAL MINING CORPORATION
	LAUREL RUN MINING COMPANY
	McELROY COAL COMPANY
	SOUTHERN OHIO COAL COMPANY
	TWIN RIVERS TOWING COMPANY
	WINDSOR COAL COMPANY
		
	By:	 	 
	Daniel S. Cangilla, Treasurer of each Pledgor listed above on behalf of each such Pledgor
	
	Address as to each Pledgor:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241

 [SIGNATURE PAGE - AMENDED AND RESTATED PLEDGE AGREEMENT] 
  

			
	PLEDGORS:
	
	CONSOL FINANCIAL INC.
		
	By:	 	 

			
	Name:	 	Christopher C. Jones
	Title:	 	Treasurer and Assistant Secretary

			
	
	CNX LAND RESOURCES INC.
	MTB INC.
	TERRA FIRMA COMPANY
		
	By:	 	 

			
	Name:	 	Robert P. King
	Title:	 	President of each Pledgor listed above on behalf of each such entity

  
  

			
	CONSOL ENERGY SALES COMPANY
		
	By:	 	 

			
	Name:	 	Robert F. Pusateri
	Title:	 	President and CEO

  
  

			
	RESERVE COAL PROPERTIES COMPANY
		
	By:	 	 

			
	Name:	 	Dennis R. McCracken
	Title:	 	Vice President
		
		 	
	Address as to each Pledgor:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241

 [SIGNATURE PAGE - AMENDED AND RESTATED PLEDGE AGREEMENT] 
  

			
	PLEDGORS:
	
	CONSOL DOCKS INC.
		
	By:	 	 

			
	Name:	 	James C. Grech
	Title:	 	President

			
	
	CONRHEIN COAL COMPANY
		
	By:	 	CONSOLIDATION COAL COMPANY, a
		 	general partner
		
	By:	 	 

			
	Name:	 	Daniel S. Cangilla
	Title:	 	Treasurer

			
	
	CONSOL OF WV LLC
		
	By:	 	 

			
	Name:	 	Guy J. Dreskler
	Title:	 	Manager
		
		 	
	Address as to each Pledgor:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241

 [SIGNATURE PAGE - AMENDED AND RESTATED PLEDGE AGREEMENT] 
  

			
	WILMINGTON TRUST COMPANY, as Collateral Trustee
		
	By:	 	 
	Name:	 	 
	Title:	 	 

			
		
	Address:	 	
	Wilmington Trust Company, as Collateral Trustee
	Rodney Square North
	1100 North Market Street
	Wilmington, DE 19890
	Attn: Corporate Trust Administration
	Telephone: (302) 636-6043
	Facsimile: (302) 636-4143

 SCHEDULE A 
 TO 
 PLEDGE AGREEMENT 
 Description of Pledged Collateral 
  

	A.	CORPORATIONS 

  

							
	 SUBSIDIARY PLEDGED
	  	 PLEDGOR & PLEDGOR’S
 JURISDICTION OF
 FORMATION
	  	PLEDGED
SHARES	  	TYPE AND
AMOUNT OF
OWNERSHIP
PLEDGED
	 Central Ohio Coal Company
	  	CONSOLIDATION COAL COMPANY 
(Delaware)	  	75,000	  	100%
	 CNX Gas Corporation
	  	CONSOLIDATION COAL COMPANY
(Delaware)	  	122,896,667	  	Approx.80%
	 CNX Land Resources Inc.
	  	CONSOL Energy Inc 
(Delaware)	  	1,000	  	100%
	 CNX Marine Terminals Inc.
	  	 CONSOL Energy Sales Company
 (Delaware)
	  	1,000	  	100%
	 Consol Docks Inc.
	  	CONSOL Energy Sales Company 
(Delaware)	  	1,000	  	100%
	 CONSOL Energy Sales Company
	  	CONSOL Energy Inc. 
(Delaware)	  	1,000	  	100%
	 CONSOL Financial Inc.
	  	CONSOL Energy Inc. 
(Delaware)	  	1,000	  	100%
	 CONSOL Godefroid Europe S. A.
	  	 CONSOL Energy Sales Company
 (Delaware)
	  	73,450	  	65%
	 CONSOLIDATION COAL COMPANY
	  	CONSOL Energy Inc. 
(Delaware)	  	75,000	  	100%
	 CONSOL of Canada Inc.
	  	CONSOL Energy Inc. 
(Delaware)	  	7,000	  	100%
	 CONSOL of Kentucky Inc.
	  	CONSOL Energy Inc. 
(Delaware)	  	500	  	100%
	 Cargo Dockers Limited.
	  	 CONSOL Energy Sales Company
 (Delaware)
	  	72	  	65%
	 Eighty-Four Mining Company
	  	Consol Financial Inc.
(Delaware)	  	10	  	100%
	 Helvetia Coal Company
	  	 Rochester & Pittsburgh Coal
 Company (Pennsylvania)
	  	500	  	100%
	 ISLAND CREEK COAL COMPANY
	  	 CONSOLIDATION COAL
 COMPANY (Delaware)
	  	100	  	100%

							
	 SUBSIDIARY PLEDGED
	  	 PLEDGOR & PLEDGOR’S
 JURISDICTION OF
 FORMATION
	  	PLEDGED
SHARES	  	TYPE AND
AMOUNT OF
OWNERSHIP
PLEDGED
	 Keystone Coal Mining Corporation
	  	Rochester & Pittsburgh Coal Company (Pennsylvania)	  	100	  	100%
	 Laurel Run Mining Company
	  	ISLAND CREEK COAL COMPANY (Delaware)	  	1,000	  	100%
	 Leatherwood, Inc.
	  	Rochester & Pittsburgh Coal Company (Pennsylvania)	  	100	  	100%
	 McELROY COAL COMPANY
	  	CONSOLIDATION COAL COMPANY (Delaware)	  	1,000	  	100%
	 Mon River Towing, Inc.
	  	 CONSOL Energy Sales Company
 (Delaware)
	  	1,000	  	100%
	 MTB Inc.
	  	CONSOL Energy Inc. (Delaware)	  	1,000	  	100%
	 RESERVE COAL PROPERTIES COMPANY
	  	CONSOL Energy Inc. 
(Delaware)	  	1,000	  	100%
	 Rochester & Pittsburgh Coal Company
	  	CONSOLIDATION COAL COMPANY (Delaware)	  	1,000	  	100%
	 SOUTHERN OHIO COAL COMPANY
	  	CONSOLIDATION COAL COMPANY (Delaware)	  	5,000	  	100%
	 Terra Firma Company
	  	CNX Land Resources Inc. (Delaware)	  	1	  	100%
	 TWIN RIVERS TOWING COMPANY
	  	CONSOL Energy Sales Company
(Delaware)	  	1,000	  	100%
	 Windsor Coal Company
	  	CONSOLIDATION COAL COMPANY (Delaware)	  	4,064	  	100%
	 WOLFPEN KNOB DEVELOPMENT COMPANY
	  	CONSOL Energy Inc. 
(Delaware)	  	1,000	  	100%

  

	B.	LIMITED LIABILITY COMPANIES 

  

					
	 SUBSIDIARY PLEDGED
	  	 PLEDGOR & PLEDGOR’S
 JURISDICTION OF FORMATION
	  	 TYPE AND AMOUNT OF
 OWNERSHIP PLEDGED

	 CONSOL of Central Pennsylvania LLC
	  	CONSOL Energy Inc. (Delaware)	  	100% of Pledgor’s Membership Interest
			
	 CONSOL of Ohio LLC
	  	CONSOL Energy Inc. (Delaware)	  	100% of Pledgor’s Membership Interest
			
	 CONSOL of WV LLC
	  	CONSOL Energy Inc. (Delaware)	  	100% of Pledgor’s Membership Interest
			
	 CONSOL of Wyoming LLC
	  	CONSOL Energy Inc. (Delaware)	  	100% of Pledgor’s Membership Interest

					
	 SUBSIDIARY PLEDGED
	  	 PLEDGOR & PLEDGOR’S
 JURISDICTION OF FORMATION
	  	 TYPE AND AMOUNT OF
 OWNERSHIP PLEDGED

	 Consol Pennsylvania Coal Company LLC
	  	CONSOL Energy Inc. (Delaware)	  	100% of Pledgor’s Membership Interest
	 J.A.R. Barge Lines, LLC
	  	 CONSOL Energy Sales Company
 (Delaware)
	  	100% of Pledgor’s Membership Interest

  

	C.	PARTNERSHIPS 

  

					
	 SUBSIDIARY PLEDGED
	  	 PLEDGOR & PLEDGOR’S
 JURISDICTION OF FORMATION
	  	 TYPE AND AMOUNT OF
 OWNERSHIP PLEDGED

	 Conrhein Coal Company
	  	 CONSOLIDATION COAL COMPANY (Delaware)
 MTB Inc.
(Delaware)
	  	 100% of Pledgor’s Partnership Interest
 100% of
Pledgor’s Partnership Interest

 SCHEDULE B 
 TO 
 PLEDGE AGREEMENT 
 Description of Shareholder Restrictions 
 None 

 EXHIBIT A 
 TO 
 PLEDGE AGREEMENT 
 Form of Securities Account Control Agreement 
 SECURITIES ACCOUNT CONTROL
AGREEMENT (this “Agreement”) dated as of                         ,
            , among (i)                     , a
            (the “Grantor”), (ii) Wilmington Trust Company, a Delaware banking corporation, not in its individual capacity, but solely as Collateral
Trustee under that certain Amended and Restated Collateral Trust Agreement dated as of June 27, 2007 (the “Collateral Trust Agreement”), among Wilmington Trust Company, as corporate trustee, David A. Vanaskey, as
individual trustee, CONSOL Energy Inc. and certain of its subsidiaries party thereto, as secured party for the equal and ratable benefit of the Secured Parties (as such term is defined in the Collateral Trust Agreement) (the “Collateral
Trustee”), and (iii)                         , a
                        , as securities intermediary (the “Securities Intermediary”). 

PRELIMINARY STATEMENTS: 
 (1) The Grantor has granted the
Collateral Trustee a security interest (the “Security Interest”) in account no.                      maintained by the
Securities Intermediary for the Grantor (the “Account”). 
 (2) Terms defined in Article 8 or 9 of the Uniform
Commercial Code in effect in the Commonwealth of Pennsylvania (“PA Uniform Commercial Code”) are used in this Agreement as such terms are defined in such Article 8 or 9. 
 NOW, THEREFORE, in consideration of the premises and of the mutual agreements contained herein, the parties hereto hereby agree as follows: 

SECTION 1. The Account. The Grantor and Securities Intermediary represent and warrant to, and agree with, the Grantor and the Collateral
Trustee that: 
 (a) The Securities Intermediary maintains the Account for the Grantor, and all property held by the Securities Intermediary
for the account of the Grantor is, and will continue to be, credited to the Account. 
 (b) The Account is a securities account. The
Securities Intermediary is the securities intermediary with respect to the property credited from time to time to the Account. The Grantor is the entitlement holder with respect to the property credited from time to time to the Account. 

(c) The Commonwealth of Pennsylvania is, and will continue to be, the Securities Intermediary’s jurisdiction of organization for purposes of
Section 8-110(e) of the UCC so long as the Security Interest shall remain in effect. 

 (d) Exhibit A attached hereto is a statement of the property credited to the Account on the most recent
date practicable. 
 (e) The Grantor and Securities Intermediary do not know of any claim to or interest in the Account or any property
credited to the Account, except for claims and interests of the parties referred to in this Agreement. 
 SECTION 2. Control by Collateral
Trustee. Upon receipt of a Notice of Exclusive Control (as defined below) and thereafter until receipt of a Notice of Release (as defined below), the Securities Intermediary will comply with all notifications it receives directing it to transfer
or redeem any property in the Account (each, and “Entitlement Order”) or other directions concerning the Account (including, without limitation, directions to distribute to the Collateral Trustee proceeds of any such transfer
or redemption or interest or dividends on property in the Account) originated by the Collateral Trustee without further consent by the Grantor or any other person. 
 SECTION 3. Grantor’s Rights in Account. 
 (f) Until the Securities Intermediary receives a
notice from the Collateral Trustee certifying that an Event of Default (as defined in the security documents between the Collateral Trustee and the Grantor) has occurred and is continuing and stating that the Collateral Trustee will exercise
exclusive control over the Account (a “Notice of Exclusive Control” with respect to such Account), the Securities Intermediary will comply with Entitlement Orders originated by the Grantor without further consent by the
Collateral Trustee. 
 (g) If the Securities Intermediary receives from the Collateral Trustee a Notice of Exclusive Control, the Securities
Intermediary, until it has received a Notice of Release, will cease: 
 (i) complying with Entitlement Orders or other
directions concerning the Account originated by the Grantor and 
 (ii) distributing to the Grantor interest and dividends on
property in the Account. 
 (h) In the event a Notice of Exclusive Control is delivered by the Collateral Trustee to the Securities
Intermediary, and subsequently the Event of Default triggering such notice is cured, the Collateral Trustee agrees promptly to send a notice to the Securities Intermediary directing the Securities Intermediary to comply with Entitlement Orders and
other directions concerning each Account originated by the Grantor (a “Notice of Release”) and, at such time, the Account Holder will comply with Entitlement Orders as contemplated by clause (a). 
 SECTION 4. Priority of Collateral Trustee’s Security Interest. 
 (i) The Securities Intermediary subordinates in favor of the Collateral Trustee any security interest, lien, or right of setoff it may have, now or in the future, against the Account or property in the Account, except
that the Securities Intermediary will retain its prior lien on property in the Account to secure payment for property purchased for the Account and normal commissions and fees for the Account. 

 (j) The Securities Intermediary will not agree with any Person not party to this Agreement that the
Securities Intermediary will comply with Entitlement Orders originated by such Person. 
 SECTION 5. Statements, Confirmations, and
Notices of Adverse Claims. 
 (k) The Securities Intermediary will send copies of all statements and confirmations for the Account
simultaneously to the Grantor and the Collateral Trustee. 
 (l) When the Securities Intermediary knows of any claim or interest in the
Account or any property credited to the Account other than the claims and interests of the parties referred to in this Agreement, the Securities Intermediary will promptly notify the Collateral Trustee and the Grantor of such claim or interest.

 SECTION 6. The Securities Intermediary’s Responsibility. 
 (m) Except for permitting a withdrawal, delivery, or payment in violation of Section 3, the Securities Intermediary will not be liable to the
Collateral Trustee for complying with Entitlement Orders or other directions concerning the Account from the Grantor that are received by the Securities Intermediary before the Securities Intermediary receives and has a reasonable opportunity to act
on a Notice of Exclusive Control. 
 (n) The Securities Intermediary will not be liable to the Grantor or the Collateral Trustee for
complying with a Notice of Exclusive Control or with an Entitlement Order or other direction concerning the Account originated by the Collateral Trustee, even if the Grantor notifies the Securities Intermediary that the Collateral Trustee is not
legally entitled to issue the Notice of Exclusive Control or Entitlement Order or such other direction unless the Securities Intermediary takes the action after it is served with an injunction, restraining order, or other legal process enjoining it
from doing so, issued by a court of competent jurisdiction, and had a reasonable opportunity to act on the injunction, restraining order or other legal process. 
 (o) This Agreement does not create any obligation of the Securities Intermediary except for those expressly set forth in this Agreement and in Part 5 of Article 8 of the PA Uniform Commercial Code. In particular, the
Securities Intermediary need not investigate whether the Collateral Trustee is entitled under the Collateral Trustee’s agreements with the Grantor to give an Entitlement Order or other direction concerning the Account or a Notice of Exclusive
Control. The Securities Intermediary may rely on notices and communications it believes given by the appropriate party. 
 SECTION 7.
Indemnity. The Grantor will indemnify the Securities Intermediary, its officers, directors, employees and agents against claims, liabilities and expenses arising out of this Agreement (including, without limitation, reasonable attorney’s
fees and disbursements), except to the extent the claims, liabilities or expenses are caused by the Securities Intermediary’s gross negligence of willful misconduct as found by a court of competent jurisdiction in a final, non-appealable
judgment. 

 SECTION 8. Termination; Survival. 
 (p) The Collateral Trustee may terminate this Agreement by notice to the Securities Intermediary and the Grantor. If the Collateral Trustee notifies the
Securities Intermediary that the Security Interest has terminated, this Agreement will immediately terminate. 
 (q) The Securities
Intermediary may terminate this Agreement on 60 days’ prior notice to the Collateral Trustee and the Grantor, provided that before such termination the Securities Intermediary and the Grantor shall make arrangements to transfer the
property in the Account to another securities intermediary that shall have executed, together with the Grantor, a control agreement in favor of the Collateral Trustee in respect of such property in substantially the form of this Agreement or
otherwise in form and substance satisfactory to the Collateral Trustee. 
 (r) This Agreement shall terminate upon the satisfaction of the
conditions set forth in, and in accordance with the provisions of, Section 6 of the Collateral Trust Agreement. The Collateral Trustee agrees to promptly give notice to the Securities Intermediary releasing all or any portion of the property
(including, without limitation, all or any portion of the funds and financial assets) held by the Securities Intermediary for the account of Grantor upon the satisfaction of the conditions set forth in, and in accordance with the provisions of,
Section 6 of the Collateral Trust Agreement. 
 (s) Sections 6 and 7 will survive termination of this Agreement. 
 SECTION 9. Governing Law. This Agreement shall be deemed to be a contract under the laws of the Commonwealth of Pennsylvania and this Agreement
and the Account for all purposes shall be governed by and construed in accordance with the laws of said Commonwealth without regard to its conflict of laws principles. The Securities Intermediary and the Grantor may not change the law governing the
Account without the Collateral Trustee’s express prior written agreement. 
 SECTION 10. Entire Agreement. This Agreement
supersedes all prior understandings and agreements, whether written or oral, between the parties hereto relating to the transactions provided for herein. 
 SECTION 11. Amendments. No amendment of, or waiver of a right under, this Agreement will be binding unless it is in writing and signed by the party to be charged. 
 SECTION 12. Financial Assets. The Securities Intermediary agrees with the Collateral Trustee and the Grantor that, to the fullest extent permitted
by applicable law, all property credited from time to time to the Account will be treated as financial assets under Article 8 of the PA Uniform Commercial Code. 

 SECTION 13. Notices. A notice or other communication to a party under this Agreement will be in
writing (except that Entitlement Orders may be given orally), will be sent to the party’s address set forth under its name below or to such other address as the party may notify the other parties. Any notice or other communication shall be
effective: 
 (t) In the case of hand-delivery, when delivered; 
 (u) If given by mail, four days after such notice or other communication is deposited with the United States Postal Service, with first-class postage
prepaid, return receipt requested; 
 (v) In the case of a facsimile transmission, when sent to the applicable party’s facsimile
machine’s telephone number if the party sending such notice or other communication receives confirmation of the delivery thereof from its own facsimile machine; 
 (w) In the case of electronic transmission, when actually received; and 
 (x) If given by any other means
(including by overnight courier), when actually received. 
 SECTION 14. Binding Effect. This Agreement shall be binding upon and
inure to the benefit of the Grantor, the Collateral Trustee and the Securities Intermediary and their respective successors and assigns except that the Grantor may not assign or transfer the Grantor’s obligations hereunder or any interest
herein other than assignments and transfers permitted by the Amended and Restated Credit Agreement dated as of June 27, 2007 among CONSOL Energy Inc., the Guarantors party thereto, the Lenders party thereto, LaSalle Bank National Association,
Société Générale, New York Branch and SunTrust Bank, each in its capacity as a co-documentation agent, and Citicorp North America, Inc. and PNC Bank, National Association as co-administrative agents. 
 SECTION 15. Execution in Counterparts. This Agreement may be executed by different parties hereto on any number of separate counterparts, each of
which, when so executed and delivered, shall be an original, and all such counterparts shall together constitute one and the same instrument. Delivery of an executed signature page by telecopy or electronic signature delivery system (in either case
in a form acceptable to the Collateral Trustee) shall be effective as delivery of a manually executed signature page to this Agreement. 

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

			
	CONSOL ENERGY INC.
		
	By	 	 

			
	Name:	 	John M. Reilly
	Title:	 	Treasurer
	
	Address:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241
	
	CNX MARINE TERMINALS INC.
	CONSOL OF CANADA INC.
	CONSOL OF CENTRAL PENNSYLVANIA LLC
	CONSOL OF KENTUCKY INC.
	CONSOL OF OHIO LLC
	CONSOL OF WYOMING LLC
	CONSOL PENNSYLVANIA COAL COMPANY LLC
	J.A.R. BARGE LINES, LLC
	LEATHERWOOD, INC.
	MON RIVER TOWING, INC.
	ROCHESTER & PITTSBURGH COAL COMPANY
	WOLFPEN KNOB DEVELOPMENT COMPANY
		
	By:	 	 

			
	John M. Reilly, Treasurer of each Guarantor listed above on behalf of each such Guarantor
	
	Address as to each Pledgor:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241

			
	 CENTRAL OHIO COAL COMPANY
 CONSOLIDATION COAL
COMPANY

	EIGHTY-FOUR MINING COMPANY
	HELVETIA COAL COMPANY
	ISLAND CREEK COAL COMPANY
	KEYSTONE COAL MINING CORPORATION
	LAUREL RUN MINING COMPANY
	McELROY COAL COMPANY
	SOUTHERN OHIO COAL COMPANY
	TWIN RIVERS TOWING COMPANY
	WINDSOR COAL COMPANY
		
	By:	 	 
	Daniel S. Cangilla, Treasurer of each Pledgor listed above on behalf of each such Pledgor
	
	Address as to each Pledgor:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241

			
	CONSOL FINANCIAL INC.
		
	By:	 	 

			
	Name:	 	Christopher C. Jones
	Title:	 	Treasurer

			
	
	CNX LAND RESOURCES INC.
		
	By:	 	 

			
	Name:	 	Robert P. King
	Title:	 	President

			
	
	CONSOL ENERGY SALES COMPANY
		
	By:	 	 

			
	Name:	 	Robert F. Pusateri
	Title:	 	President and CEO

			
	
	RESERVE COAL PROPERTIES COMPANY
		
	By:	 	 

			
	Name:	 	Dennis R. McCracken
	Title:	 	Vice President
	
	Address as to each Pledgor:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241

			
	CONSOL DOCKS INC.
		
	By:	 	 

			
	Name:	 	James C. Grech
	Title:	 	President

			
	
	MTB INC.
		
	By:	 	 
	Name:	 	Robert P. King
	Title:	 	President

			
	
	TERRA FIRMA COMPANY
		
	By:	 	 

			
	Name:	 	Robert P. King
	Title:	 	President

			
	
	CONRHEIN COAL COMPANY
		
	By:	 	Consolidation Coal Company, a general partner
		
	By:	 	 

			
	Name:	 	Daniel S. Cangilla
	Title:	 	Treasurer
	
	Address as to each Pledgor:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241

			
	CONSOL OF WV LLC
		
	By:	 	 

			
	Name:	 	Guy J. Dreskler
	Title:	 	Manager
	
	Address:
	1800 Washington Road
	Pittsburgh, Pennsylvania 15241

			
	WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Collateral Trustee
		
	By	 	 

			
	Name:	 	
	Title:	 	
		
	Address:	 	
	Wilmington Trust Company, as Collateral
		 	Trustee
	Rodney Square North
	1100 North Market Street
	Wilmington, DE 19890
	Attn: Corporate Trust Administration
	Telephone: (302) 636-6043
	Facsimile: (302) 636-4143
	Email:	 	 

 EXHIBIT A 
 [Statements of the various Accounts showing the property credited to each Account]Amended and Restated Security Agreement

 Exhibit 10.41 
 SECURITY AGREEMENT 
 THIS AMENDED AND RESTATED SECURITY AGREEMENT (the “Agreement”),
dated as of June 27, 2007, is entered into by and between CONSOL ENERGY INC., a Delaware corporation (the “Borrower”), and EACH OF THE OTHER UNDERSIGNED PARTIES listed on the signature pages hereto and each of the
other persons and entities that become bound hereby from time to time by joinder, assumption or otherwise (each of the Borrower and each of the aforesaid entities is referred to herein as a “Debtor” and collectively the
“Debtors”), and WILMINGTON TRUST COMPANY, a Delaware banking corporation, not in its individual capacity but solely as the collateral trustee (the “Collateral Trustee”) for the equal and ratable benefit of
the Secured Parties (as defined below) pursuant to the Collateral Trust Agreement (as defined below). 
 WITNESSETH THAT: 
 WHEREAS, the Debtors are (or will be with respect to after-acquired property) the legal and beneficial owners and the holders of the Collateral (as
defined in Section 1 hereof); 
 WHEREAS, reference is made to that certain Credit Agreement, dated as of June 30, 2004, by and
among CONSOL Energy Inc. (the “Borrower”), each of the Guarantors party thereto, the lenders party thereto, LaSalle Bank National Association, Société Générale, New York Branch and SunTrust Bank, each in
its capacity as a co-documentation agent, and Citicorp North America, Inc. and PNC Bank, National Association, as co-administrative agents, pursuant to which the co-administrative agents and the lenders provided certain loans and other financial
accommodations to the Borrower and its Subsidiaries (the “Original Credit Agreement”); 
 WHEREAS, pursuant to the Original
Credit Agreement and that certain Indenture, dated March 7, 2002, among the Borrower, certain of its Subsidiaries and The Bank of Nova Scotia Trust Company of New York, as trustee (as supplemented, modified, amended or restated from time to
time, the “Indenture”), the Collateral Trustee has entered into that certain Collateral Trust Agreement, dated as of June 30, 2004 (as supplemented, modified, amended or restated from time to time, the “Original
Collateral Trust Agreement”) with the Borrower, David A. Vanaskey, as individual trustee, and the Designated Subsidiaries (as defined therein) to accept the grant of a security interest under this Agreement as security for the Secured
Obligations (as defined below) for the equal and ratable benefit of the Secured Parties; 
 WHEREAS, the obligations, liabilities and
indebtedness of the Borrower and the other loan parties thereunder under the Original Credit Agreement, the Original Collateral Trust Agreement and under the other loan documents executed and delivered in connection therewith are secured pursuant to
a security agreement given in connection with the Original Credit Agreement (the “Original Security Agreement”); 
 WHEREAS,
the Original Credit Agreement was amended and restated in its entirety by that certain Amended and Restated Credit Agreement dated as of April 1, 2005, by and among the Borrower, each of the Guarantors party thereto, the lenders party thereto,
The Bank of Nova 

 
Scotia - New York Agency, Fleet National Bank and Union Bank of California, N.A., each in its capacity as a co-syndication agent, and PNC Bank, National
Association and Citicorp North America, Inc., as co-administrative agents (the “Original Amended and Restated Credit Agreement”); 
 WHEREAS, the Original Amended and Restated Credit Agreement has been amended and restated in its entirety by that certain Amended and Restated Credit Agreement of even date herewith, by and among the Borrower, each of the Guarantors party
thereto, the lenders party thereto (the “Lenders”), The Bank of Nova Scotia, Bank of America, N.A. and Union Bank of California, N.A., each in its capacity as a co-syndication agent, and PNC Bank, National Association and Citicorp
North America, Inc., as co-administrative agents, as Co-Administrative Agents (the “Co-Administrative Agents”) (as it may hereafter be amended, restated, modified or supplemented from time to time, the “Credit
Agreement”); 
 WHEREAS, the Original Collateral Trust Agreement has been amended and restated in its entirety by that certain
Amended and Restated Collateral Trust Agreement of even date herewith, by and among the Borrower, the Collateral Trustee, David A. Vanaskey, as individual trustee, and the Designated Subsidiaries (as defined therein) (as it may hereafter be amended,
restated, modified or supplemented from time to time, the “Collateral Trust Agreement”) and the Collateral Trustee and the individual trustee has agreed to accept the grant of a security interest under this Agreement as security for
the Secured Obligations (as defined below) for the equal and ratable benefit of the Secured Parties; and 
 WHEREAS, the obligation of the
Co-Administrative Agents and the Lenders to continue to make loans and extend credit under the Credit Agreement is subject to the condition, among others, that the Debtors continue secure their obligations to the Collateral Trustee, the individual
trustee and the Secured Parties under the Credit Agreement and the other Debt Instruments and otherwise as more fully described herein in the manner set forth herein. 
 NOW, THEREFORE, intending to be legally bound hereby, the parties hereto covenant and agree as follows: 
 1.
Terms which are defined in the Credit Agreement and not otherwise defined herein are used herein as defined therein and the rules of Construction set forth in Section 1.2 [Construction] of the Credit Agreement shall apply to this Agreement. The
following words and terms shall have the following meanings, respectively, unless the context hereof otherwise clearly requires: 
 (a)
“Code” means the Uniform Commercial Code as in effect in the Commonwealth of Pennsylvania on the date hereof and as amended from time to time, except to the extent that the conflict of law rules of such Uniform Commercial Code shall
apply the Uniform Commercial Code as in effect from time to time in any other state to specific property or other matters (and in such case “Code” means the Uniform Commercial Code as in effect from time to time in such other state).

  

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 (b) “Collateral” means all of any Debtor’s right, title and interest in, to and
under the following described property of such Debtor (except for the references to the Debtors and capitalized terms otherwise defined in the Credit Agreement, each capitalized term used in this Section 1(b) shall have in this Agreement the
meaning given to it by the Code): 
 (i) all now existing and hereafter acquired or arising Accounts, Goods, Health Care
Insurance Receivables, General Intangibles, Payment Intangibles, Deposit Accounts, Chattel Paper (including, without limitation, Electronic Chattel Paper), Documents, Instruments, Software, Investment Property, Letters of Credit, Letter of Credit
Rights, advices of credit, money, Inventory, As-Extracted Collateral (including As-Extracted Collateral from each Debtor’s present and future operations regardless of whether such mineral or gas interests are presently owned or hereafter
acquired by such Debtor), Commercial Tort Claims as listed on Schedule B hereto (as such Schedule is amended or supplemented from time to time), Equipment, Fixtures, and Supporting Obligations, together with all products of and Accessions to any of
the foregoing and all Proceeds of any of the foregoing (including without limitation all insurance policies and proceeds thereof); 
 (ii) to the extent, if any, not included in clause (i) above, each and every Debtor’s present and future contracts, agreements, arrangements, or understandings (A) for the sale, supply, provision or disposition of any coal,
natural gas, coalbed methane gas or other minerals by any Debtor, or any one or more of its agents, representatives, successors, or assigns, to any purchaser or acquirer thereof, and all products, replacements, and proceeds thereof (including
without limitation, all coal, natural gas and coalbed methane gas sales contracts) and (B) relating to the mining, drilling or recovery of any mineral or gas reserves for the benefit of or on behalf of any of the Debtors or any of their agents,
representatives, successors, or assigns (including without limitation, all contract mining, drilling or recovery agreements and arrangements), and all products and Proceeds thereof and payments thereunder, together with all products and Proceeds
(including without limitation all insurance policies and proceeds) of and any Accessions to any of the foregoing; 
 (iii) to
the extent, if any, not included in clauses (i) and (ii) above, all coal, natural gas, coalbed methane gas and other minerals severed or extracted from the ground (specifically including all “As-Extracted Collateral” of each
Debtor and all severed or extracted coal, natural gas and coalbed methane gas purchased, acquired or obtained from other parties), and all Accounts, General Intangibles and products and Proceeds thereof or related thereto, regardless of whether any
such coal, natural gas, coalbed methane gas or other minerals are in raw form or processed for sale and regardless whether or not any Debtor had an interest in the coal, natural gas, coalbed methane gas or other minerals before extraction or
severance; 
 (iv) to the extent, if any, not included in clauses (i) through (iii) above, each and every other
item of personal property and fixtures, whether now existing or hereafter arising or acquired, including, without limitation, all licenses, contracts and agreements together with all products and Proceeds (including without limitation all insurance
policies and proceeds) of and any Accessions to any of the foregoing; and 
  

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 (v) all present and future business records and information, including computer tapes and
other storage media containing the same and computer programs and software (including without limitation, source code, object code and related manuals and documentation and all licenses to use such software) for accessing and manipulating such
information; 
 provided, that, notwithstanding any of the foregoing, “Collateral” shall not include (i) Excluded Properties,
(ii) Pledged Collateral pledged under the Pledge Agreement, (iii) Intellectual Property Collateral, security interests in which are granted under the Patent, Trademark and Copyright Assignment, (iv) Vessels (as defined in the Ship
Mortgages), security interests in which are granted under the Ship Mortgages, (v) pursuant to Section 8.1.14 of the Credit Agreement, any assets or stock acquired in a Permitted Acquisition or (vi) any assets described on
Schedule 8.1.14 of the Credit Agreement. 
 (c) “Debt Instrument” shall have the meaning set forth in the
Collateral Trust Agreement. 
 (d) “Event of Default” shall mean an Actionable Default (as defined in the Collateral Trust
Agreement). 
 (e) “Intercompany Notes” shall mean those certain notes evidencing indebtedness of one Loan Party in favor of
another Loan Party. 
 (f) “Receivables” means all of the Collateral except Inventory, As-Extracted Collateral and Equipment
of the Debtors. 
 (g) “Secured Obligations” shall mean the Secured Debt (as defined in the Collateral Trust Agreement).

 (h) “Secured Parties” shall mean, collectively, the Collateral Trustees (as defined in the Collateral Trust Agreement),
the Co-Administrative Agents, the Paying Agent, the Lenders, The Bank of Nova Scotia Trust Company of New York or any successor thereto, as trustee under the Indenture, and any holders from time to time of the Secured Obligations, and
“Secured Party” shall mean each of them individually. 
 2. As security for the due and punctual payment and performance of
the Secured Obligations in full, each Debtor hereby agrees that the Collateral Trustee for the equal and ratable benefit of the Secured Parties shall have, and each Debtor hereby grants to and creates in favor of the Collateral Trustee for the equal
and ratable benefit of the Secured Parties, a continuing first priority lien on and security interest under the Code in and to the Collateral subject only to Permitted Liens. 
 Each Debtor jointly and severally represents and warrants to the Collateral Trustee and the Secured Parties that (a) such Debtor has good and
marketable title to its Collateral, subject 

  

 - 4 - 

 
only to Permitted Liens, (b) except for the security interest granted to and created in favor of the Collateral Trustee for the equal and ratable
benefit of the Secured Parties hereunder, all the Collateral is free and clear of any Lien other than Permitted Liens, (c) each Account and General Intangible in each case arising out of a material coal supply contract or other Material
Contract is in full force and effect, except to the extent that the failure to be in full force and effect would not reasonably be expected to result in a Material Adverse Change, (d) at the time any Account arising from a material coal supply
contract or other Material Contract becomes subject to this Agreement, each such Account will be a good and valid Account representing a bona fide sale of goods or services by such Debtor except to the extent that the failure to be so would not
reasonably be expected to result in a Material Adverse Change and such goods will have been shipped to the respective account debtors or the services will have been performed for the respective account debtors (or for those on behalf of whom the
account debtors are obligated on the Accounts) except to the extent the failure to have so shipped or performed would not reasonably be expected to result in a Material Adverse Change, and no such Account will at such time be subject to any claim
for credit, allowance, setoff, recoupment, defense, counterclaim or adjustment by any account debtor or otherwise, except for Permitted Liens and except to the extent any such claim would not reasonably be expected to result in a Material Adverse
Change, (e) the exact legal name of the Debtor is as set forth on the signature page hereto, (f) the state of incorporation, formation or organization, as applicable, of such Debtor is as set forth on Schedule A hereto and
(g) the county and state of each mining operation, other than Excluded Properties, of such Debtor is set forth on Schedule A hereto. Each Debtor also represents and warrants that it has provided the Collateral Trustee with a real
estate description sufficient to enable the Collateral Trustee to record a financing statement in the county records sufficient to perfect a security interest in all Collateral constituting As-Extracted Collateral arising from such Debtor’s
mining activities. Further, each Debtor represents and warrants that (i) this Agreement creates a valid security interest in favor of the Collateral Trustee, for the equal and ratable benefit of the Secured Parties hereunder, in the Collateral,
except as may be limited by applicable bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or similar laws affecting the rights of creditors generally and by general principles of equity and (ii) the security interests
granted hereunder in favor of the Collateral Trustee, for the equal and ratable benefit of the Secured Parties hereunder, will be perfected and constitute a first priority security interest (subject only to Permitted Liens), (A) with respect to
the Collateral of the type that can be perfected by filing under the Code (other than As-Extracted Collateral) of each Debtor, upon the proper filing of the financing statements in the jurisdiction of the state of organization of such Debtor as
indicated on Schedule A hereto, and (B) with respect to the Collateral constituting As-Extracted Collateral of each Debtor, upon the proper filing of the financing statements in the county’s real estate records in the county
identified on Schedule A hereto as the location of “Mining and Drilling Operations” with respect to such Debtor. 
 3.
Except to the extent that Debtors are not required to perfect security interests in certain Collateral as provided in Section 4 hereof, each Debtor will preserve and protect the Collateral Trustee’s security interest in the Collateral as a
perfected security interest under the Code, superior and prior to the rights of all third Persons, except for holders of Permitted Liens, and will do all such other acts and things and will, upon request therefor by the Collateral Trustee, execute,
deliver, file and record, and each Debtor hereby authorizes the Collateral 

  

 - 5 - 

 
Trustee to so file, all such other documents and instruments, including, without limitation, financing statements, security agreements, assignments and
documents and powers of attorney with respect to the Collateral, and pay all filing fees and taxes related thereto, as the Collateral Trustee in its reasonable discretion may deem necessary or advisable from time to time in order to attach,
continue, preserve, perfect, and protect said security interest (including the filing at any time or times after the date hereof of financing statements under, and in the locations advisable pursuant to, the Code); and, each Debtor hereby
irrevocably appoints the Collateral Trustee, its officers, employees and agents, or any of them, as attorneys-in-fact for such Debtor to execute, deliver, file and record such items for such Debtor and in such Debtor’s name, place and stead.
This power of attorney, being coupled with an interest, shall be irrevocable for the life of this Agreement. 
 4. Each Debtor jointly and
severally covenants and agrees that: 
 (a) it will defend the Collateral Trustee’s and the Secured Parties’ right, title and lien
on and security interest in and to the Collateral against the claims and demands of all Persons whomsoever, other than any Person claiming a right in the Collateral pursuant to (i) an agreement between such Person and the Collateral Trustee, or
(ii) any Permitted Lien; 
 (b) it will not suffer or permit to exist on any Collateral any Lien except for Permitted Liens; 

(c) except as permitted by the Credit Agreement, it will not take or omit to take any action, the taking or the omission of which might result in a
material alteration or impairment of the Collateral or of the Collateral Trustee’s rights under this Agreement; 
 (d) it will not sell,
assign or otherwise dispose of any portion of the Collateral except as permitted by the Credit Agreement; 
 (e) it will (i) maintain
its chief executive office and keep all records pertaining to the Collateral at the locations specified on the Security Interest Data Summary attached as Schedule A hereto, unless it shall have given the Collateral Trustee prior notice
and taken any action reasonably requested by the Collateral Trustee to maintain its security interest therein, (ii) notify the Collateral Trustee if an Account in excess of $1,000,000 individually or $10,000,000 in the aggregate (such aggregate
amount shall exclude all such Accounts in existence on or prior to the Closing Date) becomes evidenced or secured by an Instrument or Chattel Paper (specifically excluding, however, any such Instrument payable by an individual in an amount not in
excess of $100,000) other than Intercompany Notes and deliver to the Collateral Trustee upon the Collateral Trustee’s request therefor all Collateral consisting of Instruments and Chattel Paper, other than Chattel Paper or Instruments
representing less than $1,000,000 individually or $10,000,000 in the aggregate (such aggregate amount shall exclude all such Accounts in existence on or prior to the Closing Date) (and specifically excluding, however, any such Instrument payable by
an individual in an amount not in excess of $100,000) other than Intercompany Notes, immediately upon such Debtor’s receipt of a request therefor, and (iii) keep materially accurate and complete books and records concerning the Collateral
and such other books and records as the Collateral Trustee may from time to time reasonably require; 
  

 - 6 - 

 (f) after an Event of Default, it will promptly furnish to the Collateral Trustee such information and
documents relating to the Collateral as the Collateral Trustee may reasonably request, including, without limitation, all invoices, Documents, contracts, Chattel Paper, Instruments and other writings pertaining to such Debtor’s contracts or the
performance thereof, all of the foregoing to be certified upon request of the Collateral Trustee by an authorized officer of such Debtor; 
 (g) it shall immediately notify the Collateral Trustee if any Account in excess of $10,000,000 arises out of contracts with the United States or any department, agency or instrumentality thereof or any one or more of the states of the
United States or any department, agency, or instrumentality thereof, and will execute any instruments and take any steps required by the Collateral Trustee so that all monies due and to become due under such contract shall be assigned to the
Collateral Trustee and notice of the assignment given to and acknowledged by the appropriate government agency or authority under the Federal Assignment of Claims Act; 
 (h) such Debtor will not change its state of incorporation, formation or organization, as applicable without providing fifteen (15) days prior written notice to the Collateral Trustee; 
 (i) such Debtor will not commence commercial production from any new mining operation or permit any party to commence commercial production of minerals
from any of its mineral reserves, in each case, other than with respect to Excluded Properties or properties already the subject of As-Extracted Collateral filings under the Code with security interests already perfected therein, (whether leased or
owned in fee by such Debtor) without providing fifteen (15) days prior written notice to the Collateral Trustee, and providing the Collateral Trustee with sufficient real estate information to enable the Collateral Trustee to file financing
statements to perfect an interest in Collateral consisting of As-Extracted Collateral with respect to such operation; 
 (j) such Debtor will
not change its name without providing fifteen (15) days prior written notice to the Collateral Trustee; 
 (k) if such Debtor shall at
any time acquire a commercial tort claim, as defined in the Code, with respect to which a recovery in excess of $5,000,000 would reasonably be expected to be obtained, such Debtor shall immediately notify the Collateral Trustee in a writing signed
by such Debtor of the details thereof and grant to the Collateral Trustee for the equal and ratable benefit of the Secured Parties in such writing a security interest therein and in the proceeds thereof, with such writing to be in form and substance
reasonably satisfactory to the Collateral Trustee and such writing shall constitute a supplement to Schedule B hereto; 
 (l) in
furtherance of this Agreement, each Debtor hereby authorizes the Collateral Trustee to, at any time and from time to time, file in any one or more jurisdictions financing statements that describe the Collateral, together with continuation statements
thereof and amendments thereto, without the signature of such Debtor and that contain any information required by the Code or any other applicable statute applicable to such jurisdiction for the sufficiency or filing office acceptance of any
financing statements, continuation statements, or amendments. Each Debtor agrees to furnish any such information to the Collateral Trustee 

  

 - 7 - 

 
promptly upon request. Any such financing statements, continuation statements, or amendments may be signed by the Collateral Trustee on behalf of such Debtor
if the Collateral Trustee so elects and may be filed at any time in any jurisdiction; 
 (m) except with respect to any Deposit Account the
average daily balance of which does not exceed $5,000,000 unless otherwise requested by the Paying Agent in writing, it will use its commercial good faith efforts to maintain all Deposit Accounts only with the Collateral Trustee or with banks (the
“Pledged Account Banks”) that have agreed, in a record authenticated by such Debtor, the Collateral Trustee and the Pledged Account Banks, to (i) upon the occurrence and during the continuance of an Event of Default, comply
with instructions originated by the Collateral Trustee directing the disposition of funds in the Deposit Accounts without the further consent of such Debtor and (ii) waive or subordinate in favor of the Collateral Trustee all claims of the
Pledged Account Banks (including, without limitation, claims by way of a security interest, lien or right of setoff or right of recoupment) to the Deposit Accounts, which authenticated record shall be substantially in the form of Exhibit A
hereto, or shall otherwise be in form and substance reasonably satisfactory to the Collateral Trustee; 
 (n) it will maintain exclusive
possession and control of its Equipment and Inventory at the locations specified set forth on Schedule A hereto, as such Schedule A may be amended from time to time hereunder, unless ten (10) days’ prior notice has been given to the
Collateral Trustee (upon which notice Schedule A will be automatically amended as set forth in such notice), except with respect to (i) any material Equipment and Inventory stored at any leased premises or warehouse so indicated by an
asterisk on Schedule A hereto as to which such Debtor will use its commercial good faith efforts to cause a landlord’s or warehouseman’s agreement, in form and substance reasonably satisfactory to the Collateral Trustee, to be in
effect within fifteen (15) Business Days after the date such Equipment or Inventory is located on such premises or warehouse, (ii) Inventory in transit in the ordinary course of business to its customers, (iii) Equipment under repair
(with respect to which such Debtor will give notice to the Collateral Trustee if the fair market value of such Equipment exceeds $20,000,000), or (iv) other Equipment and Inventory that has an aggregate value no greater than $20,000,000 at any
one time; 
 (o) it will maintain (i) all Electronic Chattel Paper so that the Collateral Trustee has control of the Electronic Chattel
Paper in the manner specified in Section 9-105 of the Code and (ii) all transferable records so that the Collateral Trustee has control of the transferable records in the manner specified in Section 16 of the Uniform Electronic
Transactions Act, as in effect in the jurisdiction governing such transferable record; 
 (p) it will deliver to the Collateral Trustee all
certificates or Instruments representing or evidencing Collateral (representing, or having a fair market value of, more than $1,000,000 individually or $10,000,000 in the aggregate (such aggregate amount shall exclude all such Accounts in existence
on or prior to the Closing Date), specifically excluding, however, any such Instrument payable by an individual in an amount not in excess of $100,000) other than Intercompany Notes, which certificates or Instruments shall be in suitable form for
transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Collateral Trustee; 
  

 - 8 - 

 (q) with respect to any Collateral in which any Debtor has any right, title or interest and that
constitutes an uncertificated security, such Debtor will cause the issuer thereof either (i) to note or register the security interest created hereby in the appropriate company records or (ii) to agree in an authenticated record with such
Debtor and the Collateral Trustee that upon the occurrence and during the continuance of an Event of Default such issuer will comply with instructions with respect to such security originated by the Collateral Trustee without further consent of such
Debtor, such authenticated record to be in form and substance reasonably satisfactory to the Collateral Trustee and such Debtor; 
 (r)
except with respect to any security entitlements in any account for which the average daily balance does not exceed $5,000,000, with respect to any Collateral in which any Debtor has any right, title or interest and that constitutes a security
entitlement in which the Collateral Trustee is not the entitlement holder, such Debtor will use its commercial good faith efforts to cause the securities intermediary with respect to such security entitlement to either (i) to identify in its
records the Collateral Trustee as the entitlement holder of such security entitlement against such securities intermediary or (ii) agree in an authenticated record with such Debtor and the Collateral Trustee that, upon the occurrence and during
the continuance of an Event of Default, such securities intermediary will comply with entitlement orders (that is, notifications communicated to such securities intermediary directing transfer or redemption of the financial asset to which such
Debtor has a security entitlement) originated by the Collateral Trustee without further consent of such Debtor, such authenticated record to be in substantially the form of Exhibit B hereto or otherwise in form and substance reasonably
satisfactory to the Collateral Trustee; 
 (s) except with respect to any commodity contract the average daily balance of which does not
exceed $5,000,000, with respect to any Collateral in which any Debtor has any right, title or interest and that constitutes a commodity contract, such Debtor will use its commercial good faith efforts to cause the commodity intermediary with respect
to such commodity contract to agree in an authenticated record with such Debtor and the Collateral Trustee that, upon the occurrence and during the continuance of an Event of Default, such commodity intermediary will apply any value distributed on
account of such commodity contract as directed by the Collateral Trustee without further consent of such Debtor, such authenticated record to be in the form of Exhibit C hereto or otherwise in form and substance reasonably satisfactory
to the Collateral Trustee; 
 (t) upon the request of the Collateral Trustee upon the occurrence and during the continuance of an Event of
Default, such Debtor will notify each issuer of debt that is part of the Collateral that such debt is subject to the security interest herein granted. 
 5. The Collateral Trustee shall be deemed to have exercised reasonable care in the custody and preservation of the Collateral in its possession if the Collateral Trustee takes any action for that purpose as any Debtor
shall request in writing, provided that such requested action will not, in the judgment of the Collateral Trustee, impair the security interest in the Collateral created hereby or the Collateral Trustee’s and the Secured Parties’
rights in, or the value of, the Collateral, and provided further that such written request is received by the Collateral Trustee in sufficient time to permit the Collateral Trustee to take the requested action. 
  

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 6. The pledge, security interests, and other Liens and the obligations of each Debtor hereunder shall not
be discharged or impaired or otherwise diminished by any failure, default, omission, or delay, willful or otherwise, by the Collateral Trustee, or any other obligor on any of the Secured Obligations, or by any other act or thing or omission or delay
to do any other act or thing which may or might in any manner or to any extent vary the risk of such Debtor or which would otherwise operate as a discharge of such Debtor as a matter of law or equity, except for, and to the extent of, payment and
performance of the Secured Obligations. Without limiting the generality of the foregoing, each Debtor hereby consents to, and the pledge, security interests, and other Liens given by such Debtor hereunder shall not be diminished, terminated, or
otherwise similarly affected by any of the following at any time and from time to time: 
 (a) Any lack of genuineness, legality, validity,
enforceability, or allowability (in a bankruptcy, insolvency, reorganization or similar proceeding, or otherwise), or any avoidance or subordination, in whole or in part, of any Debt Instrument or any of the Secured Obligations and regardless of any
law, regulation, or order now or hereafter in effect in any jurisdiction affecting any of the Secured Obligations, any of the terms of the Debt Instruments, or any rights of the Collateral Trustee or any other Person with respect thereto;

 (b) Any increase, decrease, or change in the amount, nature, type or purpose of any of the Secured Obligations (whether or not
contemplated by the Debt Instruments as presently constituted); any change in the time, manner, method, or place of payment or performance of, or in any other term of, any of the Secured Obligations; any execution or delivery of any additional Debt
Instruments or documents evidencing or related to the Secured Obligations or any of them; or any amendment, modification or supplement to, or refinancing or refunding of, any Debt Instrument or any of the Secured Obligations; 
 (c) Any failure to assert any breach of or default under any Debt Instrument or any of the Secured Obligations; any extensions of credit in excess of the
amount committed under or contemplated by any Debt Instrument, or in circumstances in which any condition to such extensions of credit has not been satisfied; any other exercise or non-exercise, or any other failure, omission, breach, default,
delay, or wrongful action in connection with any exercise or non-exercise, of any right or remedy against such Debtor or any other Person under or in connection with any Debt Instrument or any of the Secured Obligations; any refusal of payment or
performance of any of the Secured Obligations, whether or not with any reservation of rights against any Debtor; or any application of collections (including collections resulting from realization upon any direct or indirect security for the Secured
Obligations) to other obligations, if any, not entitled to the benefits of this Agreement, in preference to Secured Obligations or, if any collections are applied to Secured Obligations, any application to particular Secured Obligations; 

(d) Any taking, exchange, amendment, modification, supplement, termination, subordination, release, loss, or impairment of, or any failure to protect,
perfect, or preserve the value of, or any enforcement of, realization upon, or exercise of rights or remedies under or in connection with, or any failure, omission, breach, default, delay, or wrongful action by the Collateral Trustee or any other
Person in connection with the enforcement of, realization upon, or exercise of rights or remedies under or in connection with, or, any other action or inaction by the 

  

 - 10 - 

 
Collateral Trustee or any other Person in respect of, any direct or indirect security for any of the Secured Obligations (including the Collateral). As used
in this Agreement, “direct or indirect security” for the Secured Obligations, and similar phrases, includes any collateral security, guaranty, suretyship, letter of credit, capital maintenance agreement, put option, subordination
agreement, or other right or arrangement of any nature providing direct or indirect assurance of payment or performance of any of the Secured Obligations, made by or on behalf of any Person; 
 (e) Any merger, consolidation, liquidation, dissolution, winding-up, charter revocation, or forfeiture, or other change in, restructuring or termination
of the corporate structure or existence of, any Debtor or the Borrower or any other Person; any bankruptcy, insolvency, reorganization or similar proceeding with respect to any Debtor or the Borrower or any other Person; or any action taken or
election (including any election under Section 1111(b)(2) of the United States Bankruptcy Code or any comparable law of any jurisdiction) made by the Collateral Trustee or any Debtor or the Borrower or by any other Person in connection with any
such proceeding; 
 (f) Any defense, setoff, or counterclaim which may at any time be available to or be asserted by any Debtor or the
Borrower or any other Person with respect to any Debt Instrument or any of the Secured Obligations, other than, and to the extent of, payment and performance of the Secured Obligations; or any discharge by operation of law or release of any Debtor
or the Borrower or any other Person from the performance or observance of any Debt Instrument or any of the Secured Obligations; and 
 (g)
Any other event or circumstance, whether similar or dissimilar to the foregoing, and whether known or unknown, which might otherwise constitute a defense available to, or limit the liability of a guarantor or a surety, including any Debtor,
excepting only full, strict, and indefeasible payment and performance of the Secured Obligations in full. 
 7. Each Debtor hereby waives any
and all defenses which any Debtor may now or hereafter have based on principles of suretyship, impairment of collateral, or the like, other than, and to the extent of, the defense of prior payment of the Secured Obligations, and each Debtor hereby
waives any defense to or limitation on its obligations under this Agreement arising out of or based on any event or circumstance referred to in the immediately preceding section hereof, other than, and to the extent of, the defense of prior payment
of the Secured Obligations. Without limiting the generality of the foregoing and to the fullest extent permitted by applicable law, each Debtor hereby further waives each of the following: 
 (a) Except as may be expressly provided in the Credit Agreement or the other Debt Instruments, all notices, disclosures and demands of any nature which
otherwise might be required from time to time to preserve intact any rights against such Debtor, including the following: any notice of any event or circumstance described in the immediately preceding section hereof; any notice required by any law,
regulation or order now or hereafter in effect in any jurisdiction; any notice of nonpayment, nonperformance, dishonor, or protest under any Debt Instrument or any of the Secured Obligations; any notice of the incurrence of any Secured Obligations;
any notice of any default or any failure on the part of such Debtor or the Borrower or any other Person to comply with any Debt Instrument or any of the Secured Obligations or any 

  

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requirement pertaining to any direct or indirect security for any of the Secured Obligations; and any notice or other information pertaining to the business,
operations, condition (financial or otherwise), or prospects of the Borrower or any other Person; 
 (b) Any right to any marshalling of
assets, to the filing of any claim against such Debtor or the Borrower or any other Person in the event of any bankruptcy, insolvency, reorganization, or similar proceeding, or to the exercise against such Debtor or the Borrower, or any other Person
of any other right or remedy under or in connection with any Debt Instrument or any of the Secured Obligations or any direct or indirect security for any of the Secured Obligations; any requirement of promptness or diligence on the part of the
Collateral Trustee or any other Person; any requirement to exhaust any remedies under or in connection with, or to mitigate the damages resulting from default under, any Debt Instrument or any of the Secured Obligations or any direct or indirect
security for any of the Secured Obligations; any benefit of any statute of limitations; and any requirement of acceptance of this Agreement or any other Debt Instrument, and any requirement that any Debtor receive notice of any such acceptance; and

 (c) Any defense or other right arising by reason of any Law now or hereafter in effect in any jurisdiction pertaining to election of
remedies (including anti-deficiency laws, “one action” laws, or the like), or by reason of any election of remedies or other action or inaction by the Collateral Trustee (including commencement or completion of any judicial proceeding or
nonjudicial sale or other action in respect of collateral security for any of the Secured Obligations), which results in denial or impairment of the right of the Collateral Trustee to seek a deficiency against the Borrower or any other Person or
which otherwise discharges or impairs any of the Secured Obligations. 
 8. The Secured Obligations and additional liabilities of the Debtors
under this Agreement are joint and several obligations of the Debtors, and each Debtor hereby waives to the full extent permitted by law any defense it may otherwise have to the payment and performance of the Secured Obligations that its liability
hereunder is limited and not joint and several. Each Debtor acknowledges and agrees that the foregoing waivers serve as a material inducement to the agreement of the Lenders to make the Loans, and that the Lenders are relying on each specific waiver
and all such waivers in entering into this Agreement. The undertakings of each Debtor hereunder secure the obligations of itself and the other Debtors. The Collateral Trustee may, in its sole discretion, elect to enforce this Agreement against any
Debtor without any duty or responsibility to pursue any other Debtor and such an election by the Collateral Trustee shall not be a defense to any action the Collateral Trustee and the Secured Parties, or any of them, may elect to take against any
Debtor. Each of the Secured Parties and the Collateral Trustee hereby reserve all rights against each Debtor. 
 9. (a) At any time and from
time to time whether or not an Event of Default then exists and without prior notice to or consent of any Debtor, the Collateral Trustee may at its option take such actions as the Collateral Trustee deems reasonably necessary or appropriate
(i) to attach, perfect, continue, preserve and protect the Collateral Trustee’s and the Secured Parties’ first priority security interest in or lien on the Collateral, other than with respect to those items of Collateral for which
perfection is not required pursuant to Section 4 hereof, and/or (ii) to inspect, audit and verify the Collateral, including reviewing all of such Debtor’s books and 

  

 - 12 - 

 
records and copying and making excerpts therefrom, provided that prior to an Event of Default, the same is done with reasonable advance notice during
normal business hours to the extent access to such Debtor’s premises is required and in accordance with such Debtor’s standard safety, visit and inspection procedures and no such visit, or inspection shall interfere with such Debtor’s
normal business operation; and 
 (a) At any time and from time to time after an Event of Default exists and is continuing and without prior
notice to or consent of any Debtor, the Collateral Trustee may at its option take such action as the Collateral Trustee deems reasonably necessary or appropriate (i) to maintain, repair, protect and insure the Collateral, and/or (ii) to
perform, keep, observe and render true and correct any and all covenants, agreements, representations and warranties of any Debtor hereunder. 
 10. Upon the occurrence and during the continuation of any Event of Default under the Credit Agreement: 
 (a) The Collateral
Trustee shall have and may exercise all the rights and remedies available to a secured party under the Code in effect at the time, and such other rights and remedies as may be provided by Law and as set forth below, including without limitation to
take over and collect all of any Debtor’s Receivables and all other Collateral, and to this end, upon and during the continuation of an Event of Default, each Debtor hereby appoints the Collateral Trustee, its officers, employees and agents, as
its irrevocable, true and lawful attorneys-in-fact with all necessary power and authority to: (i) take possession immediately, with or without notice, demand, or legal process, of any of or all of the Collateral wherever found, and for such
purposes, enter upon any premises upon which the Collateral may be found and remove the Collateral therefrom, (ii) require any Debtor to assemble the Collateral and deliver it to the Collateral Trustee or to any place designated by the
Collateral Trustee at such Debtor’s expense, (iii) receive, open and dispose of all mail addressed to any Debtor and notify postal authorities to change the address for delivery thereof to such address as the Collateral Trustee may
designate, (iv) demand payment of the Receivables, as applicable, (v) enforce payment of the Receivables, as applicable, by legal proceedings or otherwise, (vi) exercise all of any Debtor’s rights and remedies with respect to the
collection of the Receivables, as applicable, (vii) settle, adjust, compromise, extend or renew the Receivables, (viii) settle, adjust or compromise any legal proceedings brought to collect the Receivables, as applicable, (ix) to the
extent permitted by applicable Law, sell or assign the Receivables upon such terms, for such amounts and at such time or times as the Collateral Trustee deems advisable, (x) discharge and release the Receivables, (xi) take control, in any
manner, of any item of payment or proceeds from any account debtor, (xii) prepare, file and sign any Debtor’s name on any proof of claim in Bankruptcy or similar document against any account debtor, (xiii) prepare, file and sign any
Debtor’s name on any notice of Lien, assignment or satisfaction of Lien or similar document in connection with the Receivables, (xiv) do all acts and things necessary, in the Collateral Trustee’s sole discretion, to fulfill any
Debtor’s obligations to the Collateral Trustee or the Secured Parties under the Credit Agreement, any other Debt Instrument or otherwise, (xv) endorse the name of any Debtor upon any check, Chattel Paper, Document, Instrument, invoice,
freight bill, bill of lading or similar document or agreement relating to the Receivables or Inventory; (xvi) use any Debtor’s stationery and sign such Debtor’s name to verifications of the Receivables and notices 

  

 - 13 - 

 
thereof to account debtors; (xvii) access and use the information recorded on or contained in any data processing equipment or computer hardware or
software relating to the Receivables, Inventory, or other Collateral or proceeds thereof to which any Debtor has access, (xviii) demand, sue for, collect, compromise and give acquittances for any and all Collateral, (xix) prosecute, defend
or compromise any action, claim or proceeding with respect to any of the Collateral, and (xx) take such other action as the Collateral Trustee may deem appropriate, including extending or modifying the terms of payment of any Debtor’s
debtors. This power of attorney, being coupled with an interest, shall be irrevocable for the life of this Agreement. To the extent permitted by Law, each Debtor hereby waives all claims of damages due to or arising from or connected with any of the
rights or remedies exercised by the Collateral Trustee pursuant to this Agreement, except claims for physical damage to the Collateral arising from gross negligence or willful misconduct by the Collateral Trustee. 
 (b) The Collateral Trustee shall have the right to lease, sell or otherwise dispose of all or any of the Collateral at public or private sale or sales
for cash, credit or any combination thereof, with such notice as may be required by Law (it being agreed by each Debtor that, in the absence of any contrary requirement of Law, ten (10) days’ prior notice of a public or private sale of
Collateral shall be deemed reasonable notice), in lots or in bulk, for cash or on credit, all as the Collateral Trustee, in its sole discretion, may deem advisable. Such sales may be adjourned from time to time with or without notice. The Collateral
Trustee shall have the right to conduct such sales on any Debtor’s premises or elsewhere and shall have the right to use any Debtor’s premises without charge for such sales for such time or times as the Collateral Trustee may see fit.

 (c) Each Debtor, at its cost and expense (including the cost and expense of any of the following referenced consents, approvals, etc.),
will promptly execute and deliver or cause the execution and delivery of all applications, certificates, instruments, registration statements, and all other documents and papers the Collateral Trustee may request in connection with the obtaining of
any consent, approval, registration, qualification, permit, license, accreditation, or authorization of any other Official Body or other Person necessary or appropriate for the effective exercise of any rights hereunder or under the other Debt
Instruments. Without limiting the generality of the foregoing, each Debtor agrees that in the event the Collateral Trustee, on behalf of the Secured Parties shall exercise its rights hereunder or pursuant to the other Loan Documents to which it is a
party, to sell, transfer, or otherwise dispose of, or vote, consent, operate, or take any other action in connection with any of the Collateral, such Debtor shall execute and deliver (or cause to be executed and delivered) all applications,
certificates, assignments and other documents that the Collateral Trustee requests to facilitate such actions and shall otherwise promptly, fully, and diligently cooperate with the Collateral Trustee and any other Persons in making any application
for the prior consent or approval of any Official Body or any other Person to the exercise by the Collateral Trustee on behalf of the Secured Parties or any such rights relating to all or any of the Collateral. Furthermore, because each Debtor
agrees that the remedies at law, of the Collateral Trustee, on behalf of the Secured Parties, for failure of such Debtor to comply with this Subsection (c) would be inadequate, and that any such failure would not be adequately compensable in
damages, each Debtor agrees that this Subsection (c) may be specifically enforced. 
  

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 (d) The Collateral Trustee may request, without limiting the rights and remedies of the Collateral
Trustee on behalf of the Secured Parties otherwise provided hereunder and under the other Loan Document to which it is a party, that each Debtor do any of the following: (i) give the Collateral Trustee on behalf of the Secured Parties specific
assignments of the accounts receivable of such Debtor after such accounts receivable come into existence, and schedules of such accounts receivable, the form and content of such assignment and schedules to be satisfactory to the Collateral Trustee,
and (ii) in order to better secure the Collateral Trustee on behalf of the Secured Parties, to the extent permitted by Law, enter into such lockbox agreements and establish such lockbox accounts as the Collateral Trustee may require, all at the
sole expense of such Debtor and shall direct all payments from all payors due to such Debtor, to such lockbox accounts. 
 11. The lien on
and security interest in each Debtor’s Collateral granted to and created in favor of the Collateral Trustee by this Agreement shall be for the equal and ratable benefit of the Secured Parties. Each of the rights, privileges, and remedies
provided to the Collateral Trustee hereunder or otherwise by Law with respect to any Debtor’s Collateral shall be exercised by the Collateral Trustee only for the equal and ratable benefit of the Secured Parties, and any of such Debtor’s
Collateral or proceeds thereof held or realized upon at any time by the Collateral Trustee shall be applied as set forth in Section 3 of the Collateral Trust Agreement. Each Debtor shall remain liable to the Secured Parties for and shall pay to
the Collateral Trustee for the equal and ratable benefit of the Secured Parties any deficiency which may remain after such sale or collection. 
 12. If the Collateral Trustee repossesses or seeks to repossess any of the Collateral pursuant to the terms hereof because of the occurrence of an Event of Default, then to the extent it is commercially reasonable for the Collateral Trustee
to store any Collateral on any of any Debtor’s premises, each Debtor hereby agrees to lease to the Collateral Trustee on a month-to-month tenancy for a period not to exceed one hundred twenty (120) days at the Collateral Trustee’s
election, at a rental of One Dollar ($1.00) per month, the premises on which the Collateral is located, provided it is located on premises owned or leased by such Debtor. 
 13. This Agreement shall terminate upon the satisfaction of the conditions set forth in, and in accordance with the provisions of, Section 6 of the Collateral Trust Agreement. All or any portion of the Collateral
shall be released upon the satisfaction of the conditions set forth in, and in accordance with the provisions of, Section 6 of the Collateral Trust Agreement. Until such time, however, this Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and permitted assigns. 
 14. No failure or delay on the part of the Collateral
Trustee in exercising any right, remedy, power or privilege hereunder shall operate as a waiver thereof or of any other right, remedy, power or privilege of the Collateral Trustee hereunder; nor shall any single or partial exercise of any such
right, remedy, power or privilege preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. No waiver of a single Event of Default shall be deemed a waiver of a subsequent Event of Default. All
waivers under this Agreement must be in writing. The rights and remedies of the Collateral Trustee under this Agreement are cumulative and in addition to any rights or remedies which it may otherwise have, and the Collateral Trustee may enforce any
one or more remedies hereunder successively or concurrently at its option. 
  

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 15. All notices, statements, requests and demands given to or made upon either party hereto in accordance
with the provisions of this Agreement shall be given or made as provided in Section 11.6 [Notices] of the Credit Agreement in the case of the Debtors and as set forth in Section 7.2 of the Collateral Trust Agreement in the case of the
Collateral Trustee. 
 16. Each Debtor agrees that as of the date hereof, all information contained on the Security Interest Data Schedule
attached hereto as Schedule A is accurate and complete and contains no omission or misrepresentation. 
 17. Each Debtor acknowledges
that the provisions hereof giving the Collateral Trustee rights of access to books, records and information concerning the Collateral and such Debtor’s operations and providing the Collateral Trustee access to such Debtor’s premises are
intended to afford the Collateral Trustee with immediate access to current information concerning such Debtor and its activities, including without limitation, the value, nature and location of the Collateral so that the Collateral Trustee can,
among other things, make an appropriate determination after the occurrence of an Event of Default, whether and when to exercise its other remedies hereunder and at Law, including without limitation, instituting a replevin action should any Debtor
refuse to turn over any Collateral to the Collateral Trustee. Each Debtor further acknowledges that should such Debtor at any time fail to promptly provide such information and give the Collateral Trustee the rights of access to books, records and
information concerning the Collateral and such Debtor’s operations as provided in this Agreement, each Debtor acknowledges that the Collateral Trustee would have no adequate remedy at Law to promptly obtain the same. Each Debtor agrees that the
provisions hereof may be specifically enforced by the Collateral Trustee and waives any claim or defense in any such action or proceeding that the Collateral Trustee has an adequate remedy at Law. The Collateral Trustee shall have the absolute right
to share any information which it gains from the foregoing with any Secured Party. 
 18. It is anticipated that additional Persons may from
time to time become Subsidiaries of the Borrower or a Guarantor, each of whom may be required to join in this Agreement as a Debtor to the extent required by the Credit Agreement. It is acknowledged and agreed that new Subsidiaries of the Borrower
or a Guarantor may become parties hereunder and will be bound hereby simply by executing and delivering to the Collateral Trustee a Guarantor Joinder in the form of Exhibit 1.1(G)(1) to the Credit Agreement. In addition, a new
Schedule A hereto shall be provided to Collateral Trustee showing accurate and complete information regarding the information contained in the Security Interest Data Schedule attached hereto as Schedule A. 
 19. (a) This Agreement shall be binding upon and inure to the benefit of the Collateral Trustee, the Secured Parties and their respective successors and
assigns, and each Debtor and each of its respective successors and assigns, except that no Debtor may assign or transfer such Debtor’s obligations hereunder or any interest herein other than assignments and transfers permitted by the Credit
Agreement. 
  

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 (a) The Collateral Trustee may resign and a successor Collateral Trustee may be appointed in the manner
provided in the Collateral Trust Agreement. Upon the acceptance of any appointment as a collateral trustee by a successor collateral trustee, that successor collateral trustee shall thereupon succeed to and become vested with all the rights, powers,
privileges and duties of the retiring collateral trustee, as secured party under this Agreement and the retiring collateral trustee shall thereupon be discharged from its duties and obligations under this Agreement. After any retiring collateral
trustee’s resignation, the provisions of this Agreement shall inure to its benefit as to any actions taken or omitted to be taken by it under this Agreement while it was Collateral Trustee. 
 20. This Agreement shall be deemed to be a contract under the laws of the Commonwealth of Pennsylvania and for all purposes shall be governed by and
construed in accordance with the laws of said Commonwealth without regard to its conflict of laws principles, except to the extent that the validity or perfection of the Lien and the security interest hereunder, or remedies hereunder, in respect of
any particular Collateral are governed by the laws of a jurisdiction other than the Commonwealth of Pennsylvania. 
 21. The provisions of
this Agreement are intended to be severable. If any provision of this Agreement shall be held invalid or unenforceable in whole or in part in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such
invalidity or unenforceability without in any manner affecting the validity or enforceability thereof in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 
 22. EACH DEBTOR AND THE COLLATERAL TRUSTEE HEREBY IRREVOCABLY CONSENTS TO THE NONEXCLUSIVE JURISDICTION OF THE COURT OF COMMON PLEAS OF
ALLEGHENY COUNTY AND THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF PENNSYLVANIA AND THE DELAWARE STATE AND UNITED STATES DISTRICT COURTS LOCATED IN WILMINGTON, DELAWARE, AND WAIVES PERSONAL SERVICE OF ANY AND ALL PROCESS UPON IT AND
CONSENTS THAT ALL SUCH SERVICE OF PROCESS BE MADE BY CERTIFIED OR REGISTERED MAIL DIRECTED TO SUCH DEBTOR OR THE COLLATERAL TRUSTEE AT THE ADDRESSES PROVIDED FOR IN SECTION 15 HEREOF AND SERVICE SO MADE SHALL BE DEEMED TO BE COMPLETED UPON
ACTUAL RECEIPT THEREOF. EACH DEBTOR AND THE COLLATERAL TRUSTEE WAIVES ANY OBJECTION TO JURISDICTION AND VENUE OF ANY ACTION INSTITUTED AGAINST IT AS PROVIDED HEREIN AND AGREES NOT TO ASSERT ANY DEFENSE BASED ON LACK OF JURISDICTION OR VENUE. 

 23. EACH DEBTOR AND THE COLLATERAL TRUSTEE HEREBY WAIVES TRIAL BY JURY IN ANY ACTION, SUIT, PROCEEDING OR COUNTERCLAIM OF ANY
KIND ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE COLLATERAL TO THE FULL EXTENT PERMITTED BY LAW. 
  

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 24. This Agreement may be executed by different parties hereto on any number of separate counterparts,
each of which, when so executed and delivered, shall be an original, and all such counterparts shall together constitute one and the same instrument. Delivery of an executed signature page by telecopy or electronic signature delivery system (in
either case in a form acceptable to the Collateral Trustee) shall be effective as delivery of a manually executed signature page to this Agreement. 
 25. In the event that any of the Collateral hereunder is also subject to a valid and enforceable Lien under the terms of any Mortgage and the terms of such Mortgage are inconsistent with the terms of this Agreement, then with respect to
such Collateral, the terms of such Mortgage shall be controlling in the case of fixtures and real estate leases, letting and licenses of, and contracts and agreements relating to the lease of, real property, and the terms of this Agreement shall be
controlling in the case of all other Collateral. 
 26. Notwithstanding anything to the contrary contained herein, to the extent that the
granting of a Lien by any Debtor to the Collateral Trustee under this Agreement in any instrument, permit, contract or agreement constituting part of the Collateral is prohibited by the terms of the instrument, permit, contract or agreement
evidencing or creating such Collateral and thereby results in a breach or default by such Debtor thereunder or the termination thereof (in either case, except to the extent that such prohibitions or terminations are rendered ineffective by the
Code), the Collateral shall not include, and shall exclude, such instrument, permit, contract or agreement. The Collateral Trustee on behalf of the Secured Parties acknowledges that consents may be required under certain of the instruments, permits,
contracts, and agreements constituting a part of the Collateral in connection with any attempt to assign such instruments, permits, contracts or agreements pursuant to the assertion of remedies hereunder. 
 27. The parties agree that in the event of any conflict between the provisions of this Agreement and the provisions of the Collateral Trust Agreement,
the provisions of the Collateral Trust Agreement shall control. Notwithstanding any provision in this Agreement to the contrary, the parties and signatories hereto acknowledge and agree that any and all rights, powers, privileges, duties,
responsibilities, liabilities and/or obligations (including but not limited to the right to grant or withhold consent and the right to act or refrain from acting), whether discretionary or mandatory, are and shall be exercised by the Collateral
Trustee solely in accordance with the terms and conditions of the Collateral Trust Agreement, at the direction of the Credit Facility Agent (as defined in the Collateral Trust Agreement) or other entity specified in the Collateral Trust Agreement as
having the right to give direction to the Collateral Trustee, and subject further to the rights of the Collateral Trustee to require officers’ certificate(s), opinion(s) and advice from counsel, accountants, appraisers and other third parties,
advancement of expenses and/or assurances of indemnity satisfactory to the Collateral Trustee. 
 28. The Original Security Agreement is
hereby amended and restated in its entirety, and this Agreement is not intended to constitute and does not constitute an interruption, suspension of continuity, satisfaction, discharge of prior duties, novation or termination of the liens, security
interests, indebtedness, loans, liabilities, expenses or obligations under the Original Credit Agreement, the Original Collateral Trust Agreement or the Original Security Agreement. Each Debtor acknowledges and agrees that the Original Security
Agreement has 

  

 - 18 - 

 
continued to secure the indebtedness, loans, liabilities, expenses, and obligations under the Original Credit Agreement, as amended and restated by the
Original Amended and Restated Credit Agreement, as amended and restated by the Credit Agreement, and the Original Collateral Trust Agreement, as amended and restated by the Collateral Trust Agreement, since the date of execution of the Original
Security Agreement, and that this Agreement is entitled to all rights and benefits originally pertaining to the Original Security Agreement. 
 [SIGNATURE PAGE FOLLOWS] 
  

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 [SIGNATURE PAGE - AMENDED AND RESTATED SECURITY AGREEMENT] 
 IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have executed and delivered this Agreement as of the day and year
first above written. 
  

			
	DEBTORS:
	
	CONSOL ENERGY INC.
		
	By	 	 
	Name: John M. Reilly
	Title: Vice President and Treasurer

 [SIGNATURE PAGE - AMENDED AND RESTATED SECURITY AGREEMENT] 
  

			
	DEBTORS:
	
	CNX MARINE TERMINALS INC.
	CONSOL OF CANADA INC.
	CONSOL OF CENTRAL PENNSYLVANIA LLC
	CONSOL OF KENTUCKY INC.
	CONSOL OF OHIO LLC
	CONSOL OF WYOMING LLC
	CONSOL PENNSYLVANIA COAL COMPANY LLC
	J.A.R. BARGE LINES, LLC
	LEATHERWOOD, INC.
	MON RIVER TOWING, INC.
	ROCHESTER & PITTSBURGH COAL COMPANY
	WOLFPEN KNOB DEVELOPMENT
COMPANY
		
	By:	 	 
		 	John M. Reilly, Treasurer of each Guarantor
		 	listed above on behalf of each such Guarantor

 [SIGNATURE PAGE - AMENDED AND RESTATED SECURITY AGREEMENT] 
  

			
	DEBTORS:
	
	CENTRAL OHIO COAL COMPANY
	CONSOLIDATION COAL COMPANY
	EIGHTY-FOUR MINING COMPANY
	HELVETIA COAL COMPANY
	ISLAND CREEK COAL COMPANY
	KEYSTONE COAL MINING CORPORATION
	LAUREL RUN MINING COMPANY
	McELROY COAL COMPANY
	SOUTHERN OHIO COAL COMPANY
	TWIN RIVERS TOWING COMPANY
	WINDSOR COAL COMPANY
		
	By:	 	 
		 	Daniel S. Cangilla, Treasurer of each
		 	Guarantor listed above on behalf of each such Guarantor

 [SIGNATURE PAGE - AMENDED AND RESTATED SECURITY AGREEMENT] 
  

			
	DEBTORS:
	
	CONSOL FINANCIAL INC.
		
	By:	 	 
	Name: Christopher C. Jones
	Title: Treasurer and Assistant Secretary
	
	 CNX LAND RESOURCES INC.
 MTB
INC.

	TERRA FIRMA COMPANY
		
	By:	 	 
	Name: Robert P. King
	Title: President of each Debtor listed above on behalf of each such entity
	
	CONSOL ENERGY SALES COMPANY
		
	By:	 	 
	Name: Robert F. Pusateri
	Title: President and CEO
	
	RESERVE COAL PROPERTIES
	 COMPANY

		
	By:	 	 
	Name: Dennis R. McCracken
	Title: Vice President

 [SIGNATURE PAGE - AMENDED AND RESTATED SECURITY AGREEMENT] 
  

					
	DEBTORS:
	CONSOL DOCKS INC.
		
	By:	 	 
	Name: James C. Grech
	Title: President
	
	CONRHEIN COAL COMPANY
		
	By:	 	CONSOLIDATION COAL COMPANY, a general partner
			
		 	By:	 	 
		 	Name: Daniel S. Cangilla
		 	Title: Treasurer
	
	CONSOL OF WV LLC
		
	By:	 	 
	Name:	 	Guy J. Dreskler
	Title:	 	Manager

 [SIGNATURE PAGE - AMENDED AND RESTATED SECURITY AGREEMENT] 
  

			
	WILMINGTON TRUST COMPANY, as Collateral Trustee
		
	By:	 	 

			
	Name:	 	 

			
	Title:	 	 

 SCHEDULE A 
 TO 
 SECURITY AGREEMENT 
  

													
	 DEBTOR
	  	 PRINCIPAL PLACE OF
BUSINESS ADDRESS
	  	FEIN	  	ORG ID
NUMBER	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND DRILLING
OPERATIONS

							
	CONSOL Energy Inc.
(Delaware corporation)	  	 Consol Plaza
 1800 Washington Rd
 Pittsburgh, PA 15241
	  	51-0337383	  	2277631	  	Delaware	  	Corporation	  	
							
	 Central Ohio Coal
 Company
(Ohio corporation)

	  	 Consol Plaza
 1800 Washington Rd
 Pittsburgh, PA 15241
	  	31-4356096	  	192806	  	Ohio	  	Corporation	  	
							
	 CNX Land Resources
 Inc.
(Delaware corporation)
	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	25-1871851	  	3289727	  	Delaware	  	Corporation	  	1)Marshall County Reserve in Marshall County, WV
	  	  	  	  	  	  	2) Wetzel County Reserve - Wetzel County, WV1
							
	 CNX Marine
 Terminals
Inc.
(Delaware corporation)
	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	25-1385259	  	0896003	  	Delaware	  	Corporation	  	1) Baltimore Terminal – Baltimore County, MD
	  	  	  	  	  	  	2) Danville Reserve – Vermilion County, IL; Edgar County, IL
	  	  	  	  	  	  	3) Fallowfield Reserve – Washington County, PA

  

	 1
	 CNX Land Resources Inc. holds mineral rights relating to coal reserves and does not actually have any active mining
operations. These locations are listed in the interests of completeness only to the extent that CNX Land Resources Inc. has granted a Mortgage or Deed of Trust in favor of the Collateral Trustee for the benefit of the Secured Parties.

													
	 DEBTOR
	  	 PRINCIPAL PLACE OF
BUSINESS ADDRESS
	  	FEIN	  	ORG ID
NUMBER	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND DRILLING
OPERATIONS

	 Conrhein Coal Company
(Pennsylvania general partnership)
	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1406541	  	2148694	  	Pennsylvania	  	General
Partnership	  	 1) Bailey Mine and Associated Facilities – Marshall County, WV; Greene County, PA; Washington County, PA
  
 2) Berkshire Reserve – Washington County, PA
  
 3) Enlow Fork Mine and Associated Facilities – Marshall County, WV; Greene County, PA

Washington country, PA

	 Consol Docks Inc.
 (Delaware corporation)
	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1693670	  	2311445	  	Delaware	  	Corporation	  	1) Alicia Dock Facility – Fayette County, PA
	 CONSOL Energy
 Sales Company
(Delaware corporation)
	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1670342	  	2277880	  	Delaware	  	Corporation	  	
	 CONSOL Financial
 Inc.
(Delaware corporation)
	  	300 Delaware Avenue
Suite 567
Wilmington, DE 19801-1622
	  	51-0395375	  	3131765	  	Delaware	  	Corporation	  	
	 CONSOL of Canada
 Inc.

 (Delaware corporation)

	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	98-0013773	  	0678608	  	Delaware	  	Corporation	  	

  

													
	 DEBTOR
	  	 PRINCIPAL PLACE
OF BUSINESS
ADDRESS
	  	FEIN	  	 ORG ID NUMBER
	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND
DRILLING
OPERATIONS

	CONSOL of Central Pennsylvania LLC	  	 Consol Plaza
 1800 Washington Rd.
 Pittsburgh, PA 15241
	  	20-5105698	  	3657377	  	Pennsylvania	  	Limited
Liability
Company	  	
							
	CONSOL of Kentucky Inc.
(Delaware corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	94-2524120	  	0860789	  	Delaware	  	Corporation	  	 1) Jones Fork Mine and Associated Facilities – Breathitt County, KY; Floyd County, KY; Knott County, KY; Magoffin County, KY;
  
 2) Mill Creek Mine and Associated Facilities – Knott County, KY; Letcher County, KY; Pike
County, KY
  
 3) Miller Creek Mine and Associated Facilities – Mingo County,
WV

							
	CONSOL of Ohio LLC (Ohio limited liability company)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	20-8338255	  	1674572	  	Ohio	  	Limited
Liability
Company	  	
							
	 CONSOL of WV LLC
 (West Virginia limited liability
company)
	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	20-2471235	  	 WV does
 not issue org
 ID
	  	West
Virginia	  	Limited
Liability
Company	  	
							
	CONSOL of Wyoming LLC (Delaware limited liability company)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	20-8779722	  	4328949	  	Delaware	  	Limited
Liability
Company	  	

													
	 DEBTOR
	  	 PRINCIPAL PLACE OF
BUSINESS ADDRESS
	  	FEIN	  	ORG ID
NUMBER	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND
DRILLING
OPERATIONS

							
	Consol Pennsylvania Coal Company LLC
(Delaware limited liability company)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	20-8732852	  	0916505	  	Delaware	  	Limited Liability
Company	  	 1) Alexander Reserve – Marshall County, WV
  
 2) Bailey Mine and Associated Facilities – Marshall County, WV; Greene County, PA; Washington County, PA
  
 3) Berkshire Reserve – Washington County, PA
  
 4) Danville Reserve – Vermilion County, IL; Edgar County, IL
  
 5) Enlow Fork Mine and Associated Facilities – Marshall County, WV; Greene County, PA;
Washington County, PA
  
 6) Greene Hill Reserve – Greene County, PA
  
 7) Marshall County Reserve – Marshall County, WV

							
	 CONSOLIDATION COAL COMPANY
 (Delaware
corporation)
	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	13-2566594	  	0633910	  	Delaware	  	Corporation	  	 1) Amonate Mine and Associated Facilities – Tazewell County, VA; McDowell County, WV
  
 2) Bailey Mine and Associated Facilities – Marshall County, WV; Greene County, PA; Washington
County, PA

  

													
	 DEBTOR
	  	PRINCIPAL
PLACE OF
BUSINESS
ADDRESS	  	FEIN	  	ORG ID
NUMBER	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND DRILLING
OPERATIONS

		  		  		  		  		  		  	 3) Blacksville #2 Mine and Associated Facilities – Greene County, PA; Monongalia County, WV
  
 4) Blacksville #3 Reserve – Greene County, PA; Monongalia County, WV
  
 5) Berkshire Reserve – Washington County, PA
  
 6) Buchanan Mine and Associated Facilities – Buchanan County, VA
  
 7) Emery Mine and Associated Facilities – Emery County, UT
  
 8) Enlow Fork Mine and Associated Facilities – Marshall County, WV; Greene County, PA;
Washington County, PA
  
 9) Fallowfield Reserve – Washington County, PA
  
 10) Hurricane Branch Reserve – Buchanan County, VA; Russell County, VA; Tazewell County,
VA
  
 11) Loveridge Mine and Associated Facilities – Marion County, WV; Monongalia
County, WV; Wetzel County, WV

													
	 DEBTOR
	  	PRINCIPAL
PLACE OF
BUSINESS
ADDRESS	  	FEIN	  	ORG ID
NUMBER	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND DRILLING
OPERATIONS

		  		  		  		  		  		  	 12) Mahoning Valley Mine and Associated Facilities – Harrison County, OH; Belmont County, OH
  
 13) Marshall County Reserve – Marshall County, WV
  
 14) McElroy Mine and Associated Facilities – Marshall County, WV
  
 15) Nailer Reserve – Marion County, WV
  
 16) Otter Creek Reserve – Powder River County, MT
  
 17) Rend Lake Mine and Associated Facilities – Jefferson County, IL
  
 18) Robinson Run Mine and Associated Facilities – Marion County, WV; Harrison County, WV; Wetzel
County, WV
  
 19) Shoemaker Mine and Associated Facilities – Marshall County, WV;
Ohio County, WV; Washington County, PA
  
 20) St. Cloud Reserve – Monongalia County,
WV; Wetzel County, WV

  

													
	 DEBTOR
	  	 PRINCIPAL PLACE OF
BUSINESS ADDRESS
	  	FEIN	  	ORG ID
NUMBER	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND
DRILLING
OPERATIONS

		  		  		  		  		  		  	 21) St. Leo Reserve – Marion County, WV; Monongalia County, WV; Wetzel County, WV
  
 22) Tetrick Reserve – Doddridge County, WV; Harrison County, WV; Marion County, WV
  
 23) Mid-Allegheny Reserve - Marion, Marshall and Wetzel Counties, WV

							
	Eighty-Four Mining Company
(Pennsylvania corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1695903	  	2159331	  	Pennsylvania	  	Corporation	  	1) Mine 84 and Associated Facilities – Washington County, PA
							
	Helvetia Coal Company
(Pennsylvania corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1180531	  	158191	  	Pennsylvania	  	Corporation	  	
							
	ISLAND CREEK COAL COMPANY
(Delaware corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	55-0479426	  	0666523	  	Delaware	  	Corporation	  	 1) Holden Reserve – Logan County, WV; Mingo County, WV
  
 2) Mine 84 and Associated Facilities – Washington County, PA
  
 3) VP3 Mine and Associated Facilities – Buchanan County, VA
  
 4) VP8 Mine and Associated Facilities – Buchanan County, VA

													
	 DEBTOR
	  	 PRINCIPAL PLACE OF
BUSINESS ADDRESS
	  	FEIN	  	ORG ID
NUMBER	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND
DRILLING
OPERATIONS

	J.A.R. Barge Lines, LLC	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	20-4133546	  	571231	  	Pennsylvania	  	Limited
Liability
Company	  	
							
	Keystone Coal Mining Corporation
(Pennsylvania corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1323822	  	654874	  	Pennsylvania	  	Corporation	  	
							
	Laurel Run Mining Company
(Virginia corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	54-0892422	  	130315	  	Virginia	  	Corporation	  	 1) Holden Reserve – Logan County, WV; Mingo County, WV
  
 2) Mine 84 and Associated Facilities – Washington County, PA

							
	Leatherwood, Inc.
(Pennsylvania corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1604505	  	1504884	  	Pennsylvania	  	Corporation	  	
							
	McELROY COAL COMPANY
(Delaware corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1553551	  	2129034	  	Delaware	  	Corporation	  	1) McElroy Mine and Associated Facilities – Marshall County, WV
							
	Mon River Towing, Inc.	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	25-1087222	  	236357	  	Pennsylvania	  	Corporation	  	
							
	MTB Inc.
(Delaware corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1674211	  	2283880	  	Delaware	  	Corporation	  	
							
	RESERVE COAL PROPERTIES COMPANY
(Delaware corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	25-1582519	  	2170386	  	Delaware	  	Corporation	  	 1) Alexander Reserve – Marshall County, WV
  
 2) Amonate Mine and Associated Facilities – Tazewell County, VA; McDowell County, WV

													
	 DEBTOR
	  	PRINCIPAL
PLACE OF
BUSINESS
ADDRESS	  	FEIN	  	ORG ID
NUMBER	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND DRILLING
OPERATIONS

		  		  		  		  		  		  	 3) Bailey Mine and Associated Facilities – Marshall County, WV; Greene County, PA; Washington County, PA
  
 4) Blacksville #3 Reserve – Greene County, PA; Monongalia County, WV
  
 5) Buchanan Mine and Associated Facilities – Buchanan County, VA
  
 6) Clark County Reserve – Clark County, IL
  
 7) Danville Reserve – Vermilion County, IL; Edgar County, IL
  
 8) Enlow Fork Mine and Associated Facilities – Marshall County, WV; Greene County, PA;
Washington County, PA
  
 9) Fallowfield Reserve – Washington County, PA
  
 10) Hamilton County Reserve – Hamilton County, IL; Saline County, IL; Franklin County,
IL
  
 11) Hurricane Branch Reserve – Buchanan County, VA; Russell County, VA;
Tazewell County, VA

													
	 DEBTOR
	  	 PRINCIPAL PLACE OF
BUSINESS ADDRESS
	  	FEIN	  	ORG ID
NUMBER	  	STATE 
OF
FORMATION	  	FORM OF
ORGANIZATION	  	 MINING AND
DRILLING
OPERATIONS

		  		  		  		  		  		  	 12) Loveridge Mine and Associated Facilities – Marion County, WV; Monongalia County, WV; Wetzel County, WV
  
 13) Mine 84 and Associated Facilities – Washington County, PA
  
 14) Otter Creek Reserve – Powder River County, MT
  
 15) Robinson Run Mine and Associated Facilities – Marion County, WV; Harrison County, WV; Wetzel
County, WV
  
 16) St. Cloud Reserve – Monongalia County, WV; Wetzel County,
WV
  
 17) Shaner Reserve – Allegheny County, PA; Westmoreland County, PA

 
 18) Tetrick Reserve – Doddridge County, WV; Harrison County, WV; Marion County, WV

 
 19) Youngs Creek Reserve – Sheridan County, WY
  
 20) Wetzel County Reserve - Wetzel County, WV2

							
	Rochester & Pittsburgh Coal Company
(Pennsylvania corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241	  	25-0761480	  	307678	  	Pennsylvania	  	Corporation	  	
							
	SOUTHERN OHIO COAL COMPANY
(West Virginia corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	55-0403282	  	WV
does not
issue
org. ID	  	West
Virginia	  	Corporation	  	
							
	 Terra Firma Company
 (West Virginia
corporation)
	  	 1000 Hampton Center
 Morgantown, WV 26505
	  	20-0869908	  	WV
does not
issue
org ID	  	West
Virginia	  	Corporation	  	
							
	TWIN RIVERS TOWING COMPANY
(Delaware corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1181155	  	0650101	  	Delaware	  	Corporation	  	
							
	Windsor Coal Company
(West Virginia corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	13-5488703	  	WV
does not
issue
org. ID	  	West
Virginia	  	Corporation	  	
							
	WOLFPEN KNOB DEVELOPMENT COMPANY
(Virginia corporation)	  	Consol Plaza
1800 Washington Rd
Pittsburgh, PA 15241
	  	25-1391218	  	0211000	  	Virginia	  	Corporation	  	1) Birch Reserve – Braxton County, WV; Clay County, WV; Nicholas County, WV

  
  

	 2
	 Reserve Coal Properties Company holds mineral rights relating to coal reserves and does not actually have any active
mining operations. These locations are listed in the interests of completeness only to the extent that Reserve Coal Properties Company has granted a Mortgage or Deed of Trust in favor of the Collateral Trustee for the benefit of the Secured Parties.

 SCHEDULE B 
 TO 
 SECURITY AGREEMENT 
 COMMERCIAL TORT CLAIMS 
 CONSOL Energy Inc. and Eighty-Four Mining Company v. Berkshire
Hathaway, et al: Suit for insurance coverage of $1.2 MM and bad faith claim for underwriter’s refusal to pay for damages resulting from the fire at Mine No. 84. 

 Exhibit A to the 
 Security Agreement 
 EXHIBIT A 
 TO 
 SECURITY AGREEMENT 
 FORM OF ACCOUNT CONTROL AGREEMENT 
 (Deposit Account/Securities Account) 
 ACCOUNT CONTROL AGREEMENT (this “Agreement”) dated as of
                            ,
                            , among
(i)                             , a
                            (the “Grantor”), (ii) Wilmington Trust
Company, a Delaware banking corporation, not in its individual capacity, but solely as Collateral Trustee under that certain Amended and Restated Collateral Trust Agreement dated as of June 27, 2007 (the “Collateral Trust
Agreement”), among Wilmington Trust Company, as corporate trustee, David A. Vanaskey, as individual trustee, CONSOL Energy Inc. and certain of its subsidiaries party thereto, as secured party for the equal and ratable benefit of the
Secured Parties (as such term is defined in the Collateral Trust Agreement) (the “Collateral Trustee”), and
(iii)                             , a
                                , as securities intermediary and depository bank
(the “Account Holder”). 
 PRELIMINARY STATEMENTS: 
 (1) The Grantor has granted the Collateral Trustee a security interest (the “Security Interest”) in the following accounts maintained by the Account Holder for the Grantor (each an
“Account” and collectively, the “Accounts”): 
 [Insert account numbers and other
identifying information.] 
 (2) Terms defined in Article 8 or 9 of the Uniform Commercial Code in effect in the Commonwealth of
Pennsylvania (“PA Uniform Commercial Code”) are used in this Agreement as such terms are defined in such Article 8 or 9. 
 NOW, THEREFORE, in consideration of the premises and of the mutual agreements contained herein, the parties hereto hereby agree as follows: 
 SECTION 1. The Accounts. The Grantor and Account Holder represent and warrant to, and agree with, the Collateral Trustee that: 
 (a) The Account Holder maintains each Account for the Grantor, and all property (including, without limitation, all funds and financial
assets) held by the Account Holder for the account of the Grantor are, and will continue to be, credited to an Account in accordance with instructions given by the Grantor (unless otherwise provided herein). 

 (b) To the extent that funds are credited to any Account, such Account is a deposit
account; and to the extent that financial assets are credited to any Account, such Account is a securities account. The Account Holder is (i) the bank with which each Account that is a deposit account is maintained and (ii) the securities
intermediary with respect to financial assets held in any Account that is a securities account. The Grantor is (x) the Account Holder’s customer with respect to the Accounts and (y) the entitlement holder with respect to financial
assets credited from time to time to any Account. 
 (c) Notwithstanding any other agreement to the contrary, the Account
Holder’s jurisdiction with respect to each Account for purposes of the PA Uniform Commercial Code is, and will continue to be for so long as the Security Interest shall be in effect, the Commonwealth of Pennsylvania. 
 (d) Attached as Exhibit A hereto are statements of the respective Accounts on the most recent date practicable showing the property
credited to each Account. 
 (e) The Grantor and Account Holder do not know of any claim to or interest in any Account or any
property (including, without limitation, funds and financial assets) credited to any Account, except for claims and interests of the parties referred to in this Agreement. 
 SECTION 2. Control by Collateral Trustee. Upon receipt of a Notice of Exclusive Control (as defined below) and thereafter until receipt of a
Notice of Release (as defined below), the Account Holder will comply with (i) all instructions directing disposition of the funds in any and all of the Accounts, (ii) all notifications and entitlement orders that the Account Holder
receives directing it to transfer or redeem any financial asset in any and all of the Accounts, and (iii) all other directions concerning any and all of the Accounts, including, without limitation, directions to distribute to the Collateral
Trustee proceeds of any such transfer or redemption or interest or dividends on property in any and all of the Accounts (any such instruction, notification or direction referred to in clause (i), (ii) or (iii) above being an
“Account Direction”), in each case of clauses (i), (ii) and (iii) above originated by the Collateral Trustee without further consent by the Grantor or any other Person. 
 SECTION 3. Grantor’s Rights in Accounts. 
 (f) Until the Account Holder receives a notice from the Collateral Trustee certifying that an Event of Default (as defined in the security documents between the Collateral Trustee and the Grantor) has occurred and is
continuing and stating that the Collateral Trustee will exercise exclusive control over any Account (a “Notice of Exclusive Control” with respect to such Account), the Account Holder will comply with Account Directions and
other directions concerning each Account originated by the Grantor without further consent by the Collateral Trustee. 
 (g)
If the Account Holder receives from the Collateral Trustee a Notice of Exclusive Control with respect to any Account, the Account Holder will, until a Notice of Release (as 

  

 A-2 

 
defined below) is received by the Account Holder, comply only with Account Directions originated by the Collateral Trustee and will cease: 
 (i) complying with Account Directions or other directions concerning such Account originated by the Grantor and 
 (ii) distributing to the Grantor interest and dividends on property (including, without limitation, funds and financial assets) in such
Account. 
 (h) In the event a Notice of Exclusive Control is delivered by the Collateral Trustee to the Account Holder, and
subsequently the Event of Default triggering such notice is cured, the Collateral Trustee agrees promptly to send a notice to the Account Holder directing the Account Holder to comply with Account Directions and other directions concerning each
Account originated by the Grantor (a “Notice of Release”) and, at such time, the Account Holder will comply with Account Directions as contemplated by clause (a). 
 SECTION 4. Priority of Collateral Trustee’s Security Interest. 
 (a) The Account Holder (i) subordinates to the Security Interest and in favor of the Collateral Trustee any security interest, lien,
or right of recoupment or setoff that it may have, now or in the future, against any Account or property (including, without limitation, any funds and financial assets) credited to any Account, and (ii) agrees that it will not exercise any
right in respect of any such security interest or lien or any such right of recoupment or setoff until the Security Interest is terminated, except that the Account Holder (A) will retain its prior security interest and lien on property
credited to any Account, (B) may exercise any right in respect of such security interest or lien, and (C) may exercise any right of recoupment or setoff against any Account, in the case of clauses (A), (B) and (C) above, to
secure or to satisfy, and only to secure and satisfy, payment (x) for such property, (y) for its customary fees and expenses for the routine maintenance and operation of such Account, and (z) if such Account is a deposit account, for
the face amount of any items that have been credited to such Account but are subsequently returned unpaid because of uncollected or insufficient funds. 
 (i) The Account Holder will not enter into any other agreement with any Person relating to Account Directions or other directions with respect to any Account. 
 SECTION 5. Statements, Confirmations, and Notices of Adverse Claims. 
 (a) The Account Holder will send copies of all statements and confirmations for each Account simultaneously to the Collateral Trustee
and the Grantor. 
 (j) When the Account Holder knows of any claim or interest in any Account or any property (including,
without limitation, funds and financial assets) credited to any Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Collateral Trustee and the Grantor of such claim or
interest. 
  

 A-3 

 SECTION 6. The Account Holder’s Responsibility. 
 (a) Except for permitting a withdrawal, delivery, or payment in violation of Section 3, the Account Holder will not be liable to the Collateral
Trustee for complying with Account Directions or other directions concerning any Account from the Grantor that are received by the Account Holder before the Account Holder receives and has a reasonable opportunity to act on a Notice of Exclusive
Control. 
 (k) The Account Holder will not be liable to the Grantor or the Collateral Trustee for complying with a Notice of Exclusive
Control or with an Account Direction or other direction concerning any Account originated by the Collateral Trustee, even if the Grantor notifies the Account Holder that the Collateral Trustee is not legally entitled to issue the Notice of Exclusive
Control or Account Direction or such other direction unless the Account Holder takes the action after it is served with an injunction, restraining order, or other legal process enjoining it from doing so, issued by a court of competent jurisdiction,
and had a reasonable opportunity to act on the injunction, restraining order or other legal process. 
 (l) This Agreement does not create
any obligation of the Account Holder except for those expressly set forth in this Agreement and, in the case of any Account that is a securities account, in Part 5 of Article 8 of the PA Uniform Commercial Code and, in the case of any Account that
is a deposit account, in Article 4 of the PA Uniform Commercial Code. In particular, the Account Holder need not investigate whether the Collateral Trustee is entitled under the Collateral Trustee’s agreements with the Grantor to give an
Account Direction or other direction concerning any Account or a Notice of Exclusive Control. The Account Holder may rely on notices and communications it believes given by the appropriate party. 
 SECTION 7. Indemnity. The Grantor will indemnify the Account Holder, its officers, directors, employees and agents against claims, liabilities and
expenses arising out of this Agreement (including, without limitation, reasonable attorney’s fees and disbursements), except to the extent the claims, liabilities or expenses are caused by the Account Holder’s gross negligence of willful
misconduct as found by a court of competent jurisdiction in a final, non-appealable judgment. 
 SECTION 8. Termination; Survival.

 (a) The Collateral Trustee may terminate this Agreement by notice to the Account Holder and the Grantor. If the Collateral Trustee
notifies the Account Holder that the Security Interest has terminated, this Agreement will immediately terminate. 
 (m) The Account Holder
may terminate this Agreement on 60 days’ prior notice to the Collateral Trustee and the Grantor, provided that before such termination the Account Holder and the Grantor shall make arrangements to transfer the property (including,
without limitation, all funds and financial assets) credited to each Account to another Account Holder that shall have executed, together with the Grantor, a control agreement in favor of the Collateral Trustee in respect of such property in
substantially the form of this Agreement or otherwise in form and substance satisfactory to the Collateral Trustee. 
  

 A-4 

 (n) This Agreement shall terminate upon the satisfaction of the conditions set forth in, and in
accordance with the provisions of, Section 6 of the Collateral Trust Agreement. The Collateral Trustee agrees to promptly give notice to the Account Holder releasing all or any portion of the property (including, without limitation, all or any
portion of the funds and financial assets) held by the Account Holder for the account of Grantor upon the satisfaction of the conditions set forth in, and in accordance with the provisions of, Section 6 of the Collateral Trust Agreement.

 (o) Sections 6 and 7 will survive termination of this Agreement. 
 SECTION 8. Governing Law. This Agreement shall be deemed to be a contract under the laws of the Commonwealth of Pennsylvania and this Agreement
and each Account for all purposes shall be governed by and construed in accordance with the laws of said Commonwealth without regard to its conflict of laws principles. The Account Holder and the Grantor may not change the law governing any Account
without the Collateral Trustee’s express prior written agreement. 
 SECTION 9. Entire Agreement. This Agreement supersedes all
prior understandings and agreements, whether written or oral, between the parties hereto relating to the transactions provided for herein. 
 SECTION 10. Amendments. No amendment of, or waiver of a right under, this Agreement will be binding unless it is in writing and signed by the party to be charged. 
 SECTION 11. Financial Assets. The Account Holder agrees with the Collateral Trustee and the Grantor that, to the fullest extent permitted by
applicable law, all property (other than funds) credited from time to time to any Account will be treated as financial assets under Article 8 of the PA Uniform Commercial Code. 
 SECTION 12. Notices. A notice or other communication to a party under this Agreement will be in writing (except that Account Directions may be
given orally), will be sent to the party’s address set forth under its name below or to such other address as the party may notify the other parties. Any notice or other communication shall be effective: 
 (i) In the case of hand-delivery, when delivered; 
 (ii) If given by mail, four days after such notice or other communication is deposited with the United States Postal Service, with
first-class postage prepaid, return receipt requested; 
 (iii) In the case of a facsimile transmission, when sent to the
applicable party’s facsimile machine’s telephone number if the party sending such notice or other communication receives confirmation of the delivery thereof from its own facsimile machine; 
 (iv) In the case of electronic transmission, when actually received; and 
  

 A-5 

 (v) If given by any other means (including by overnight courier), when actually received.

 SECTION 13. Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Grantor, the Collateral Trustee
and the Account Holder except that the Grantor may not assign or transfer the Grantor’s obligations hereunder or any interest herein other than assignments and transfers permitted by the Amended and Restated Credit Agreement dated as of
June 27, 2007 among CONSOL Energy Inc., the Guarantors party thereto, the Lenders party thereto, LaSalle Bank National Association, Société Générale, New York Branch and SunTrust Bank, each in its capacity as a
co-documentation agent, and Citicorp North America, Inc. and PNC Bank, National Association as co-administrative agents. 
 SECTION 14.
Execution in Counterparts. This Agreement may be executed by different parties hereto on any number of separate counterparts, each of which, when so executed and delivered, shall be an original, and all such counterparts shall together
constitute one and the same instrument. Delivery of an executed signature page by telecopy or electronic signature delivery system (in either case in a form acceptable to the Collateral Trustee) shall be effective as delivery of a manually executed
signature page to this Agreement. 
  

 A-6 

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

			
	[NAME OF GRANTOR]
		
	By	 	 
		 	Name:
		 	Title:
		
	Address:	 	
		 	 
		 	 
	Facsimile:	 	 
	Email:	 	 

  

			
	WILMINGTON TRUST COMPANY, not
in its individual capacity but solely as
Collateral Trustee
		
	By	 	 
		 	Name:
		 	Title:
		
	Address:	 	
		 	 Wilmington Trust Company, as Collateral
 Trustee
 Rodney Square North
 1100 North Market Street

 Wilmington, DE 19890

	Attn:	 	Corporate Trust Administration
	Telephone:	 	(302) 636-6043
	Facsimile:	 	(302) 636-4143
	Email:	 	 

			
	[NAME OF ACCOUNT HOLDER]
		
	By	 	 
		 	Name:
		 	Title:
		
	Address:	 	
		 	 
		 	 
	Facsimile:	 	 
	Email:	 	 

 EXHIBIT A 
 [Statements of the various Accounts showing the property credited to each Account] 

 Exhibit B to the 
 Security Agreement 
 EXHIBIT B 
 TO 
 SECURITY AGREEMENT 
 FORM OF SECURITIES ACCOUNT CONTROL AGREEMENT 
 SECURITIES ACCOUNT CONTROL AGREEMENT (this “Agreement”) dated as of                     ,
                    , among
(i)                     , a
                    (the “Grantor”), (ii) Wilmington Trust Company, a Delaware banking corporation, not in its
individual capacity, but solely as Collateral Trustee under that certain Amended and Restated Collateral Trust Agreement dated as of June 27, 2007 (the “Collateral Trust Agreement”), among Wilmington Trust Company, as
corporate trustee, David A. Vanaskey, as individual trustee, CONSOL Energy Inc. and certain of its subsidiaries party thereto, as secured party for the equal and ratable benefit of the Secured Parties (as such term is defined in the Collateral Trust
Agreement) (the “Collateral Trustee”), and (iii)                     , a
                    , as securities intermediary (the “Securities Intermediary”). 
 PRELIMINARY STATEMENTS: 
 (1) The Grantor has granted the
Collateral Trustee a security interest (the “Security Interest”) in account no.                     maintained by the
Securities Intermediary for the Grantor (the “Account”). 
 (2) Terms defined in Article 8 or 9 of the Uniform
Commercial Code in effect in the Commonwealth of Pennsylvania (“PA Uniform Commercial Code”) are used in this Agreement as such terms are defined in such Article 8 or 9. 
 NOW, THEREFORE, in consideration of the premises and of the mutual agreements contained herein, the parties hereto hereby agree as follows: 

SECTION 1. The Account. The Grantor and Securities Intermediary represent and warrant to, and agree with, the Grantor and the Collateral
Trustee that: 
 (p) The Securities Intermediary maintains the Account for the Grantor, and all property held by the Securities Intermediary
for the account of the Grantor is, and will continue to be, credited to the Account. 
 (q) The Account is a securities account. The
Securities Intermediary is the securities intermediary with respect to the property credited from time to time to the Account. The Grantor is the entitlement holder with respect to the property credited from time to time to the Account. 

(r) The Commonwealth of Pennsylvania is, and will continue to be, the Securities Intermediary’s jurisdiction of organization for purposes of
Section 8-110(e) of the UCC so long as the Security Interest shall remain in effect. 

 (s) Exhibit A attached hereto is a statement of the property credited to the Account on the most recent
date practicable. 
 (t) The Grantor and Securities Intermediary do not know of any claim to or interest in the Account or any property
credited to the Account, except for claims and interests of the parties referred to in this Agreement. 
 SECTION 2. Control by Collateral
Trustee. Upon receipt of a Notice of Exclusive Control (as defined below) and thereafter until receipt of a Notice of Release (as defined below), the Securities Intermediary will comply with all notifications it receives directing it to transfer
or redeem any property in the Account (each, and “Entitlement Order”) or other directions concerning the Account (including, without limitation, directions to distribute to the Collateral Trustee proceeds of any such transfer
or redemption or interest or dividends on property in the Account) originated by the Collateral Trustee without further consent by the Grantor or any other person. 
 SECTION 3. Grantor’s Rights in Account. 
 (u) Until the Securities Intermediary receives a notice
from the Collateral Trustee certifying that an Event of Default (as defined in the security documents between the Collateral Trustee and the Grantor) has occurred and is continuing and stating that the Collateral Trustee will exercise exclusive
control over the Account (a “Notice of Exclusive Control” with respect to such Account), the Securities Intermediary will comply with Entitlement Orders originated by the Grantor without further consent by the Collateral
Trustee. 
 (v) If the Securities Intermediary receives from the Collateral Trustee a Notice of Exclusive Control, the Securities
Intermediary, until it has received a Notice of Release, will cease: 
 (i) complying with Entitlement Orders or other
directions concerning the Account originated by the Grantor and 
 (ii) distributing to the Grantor interest and dividends on
property in the Account. 
 (w) In the event a Notice of Exclusive Control is delivered by the Collateral Trustee to the Securities
Intermediary, and subsequently the Event of Default triggering such notice is cured, the Collateral Trustee agrees promptly to send a notice to the Securities Intermediary directing the Securities Intermediary to comply with Entitlement Orders and
other directions concerning each Account originated by the Grantor (a “Notice of Release”) and, at such time, the Account Holder will comply with Entitlement Orders as contemplated by clause (a). 
 SECTION 4. Priority of Collateral Trustee’s Security Interest. 
 (a) The Securities Intermediary subordinates in favor of the Collateral Trustee any security interest, lien, or right of setoff it may have, now or in the future, against the Account or property in the Account, except
that the Securities Intermediary will retain its prior lien on property in the Account to secure payment for property purchased for the Account and normal commissions and fees for the Account. 

  

 B-2 

 (x) The Securities Intermediary will not agree with any Person not party to this Agreement that the
Securities Intermediary will comply with Entitlement Orders originated by such Person. 
 SECTION 5. Statements, Confirmations, and
Notices of Adverse Claims. 
 (a) The Securities Intermediary will send copies of all statements and confirmations for the Account
simultaneously to the Grantor and the Collateral Trustee. 
 (y) When the Securities Intermediary knows of any claim or interest in the
Account or any property credited to the Account other than the claims and interests of the parties referred to in this Agreement, the Securities Intermediary will promptly notify the Collateral Trustee and the Grantor of such claim or interest.

 SECTION 6. The Securities Intermediary’s Responsibility. 
 (a) Except for permitting a withdrawal, delivery, or payment in violation of Section 3, the Securities Intermediary will not be liable to the
Collateral Trustee for complying with Entitlement Orders or other directions concerning the Account from the Grantor that are received by the Securities Intermediary before the Securities Intermediary receives and has a reasonable opportunity to act
on a Notice of Exclusive Control. 
 (z) The Securities Intermediary will not be liable to the Grantor or the Collateral Trustee for
complying with a Notice of Exclusive Control or with an Entitlement Order or other direction concerning the Account originated by the Collateral Trustee, even if the Grantor notifies the Securities Intermediary that the Collateral Trustee is not
legally entitled to issue the Notice of Exclusive Control or Entitlement Order or such other direction unless the Securities Intermediary takes the action after it is served with an injunction, restraining order, or other legal process enjoining it
from doing so, issued by a court of competent jurisdiction, and had a reasonable opportunity to act on the injunction, restraining order or other legal process. 
 (aa) This Agreement does not create any obligation of the Securities Intermediary except for those expressly set forth in this Agreement and in Part 5 of Article 8 of the PA Uniform Commercial Code. In particular, the
Securities Intermediary need not investigate whether the Collateral Trustee is entitled under the Collateral Trustee’s agreements with the Grantor to give an Entitlement Order or other direction concerning the Account or a Notice of Exclusive
Control. The Securities Intermediary may rely on notices and communications it believes given by the appropriate party. 
 SECTION 7.
Indemnity. The Grantor will indemnify the Securities Intermediary, its officers, directors, employees and agents against claims, liabilities and expenses arising out of this Agreement (including, without limitation, reasonable attorney’s
fees and disbursements), except to the extent the claims, liabilities or expenses are caused by the Securities Intermediary’s gross negligence of willful misconduct as found by a court of competent jurisdiction in a final, non-appealable
judgment. 

  

 B-3 

 SECTION 8. Termination; Survival. 
 (a) The Collateral Trustee may terminate this Agreement by notice to the Securities Intermediary and the Grantor. If the Collateral Trustee notifies
the Securities Intermediary that the Security Interest has terminated, this Agreement will immediately terminate. 
 (bb) The Securities
Intermediary may terminate this Agreement on 60 days’ prior notice to the Collateral Trustee and the Grantor, provided that before such termination the Securities Intermediary and the Grantor shall make arrangements to transfer the
property in the Account to another securities intermediary that shall have executed, together with the Grantor, a control agreement in favor of the Collateral Trustee in respect of such property in substantially the form of this Agreement or
otherwise in form and substance satisfactory to the Collateral Trustee. 
 (cc) This Agreement shall terminate upon the satisfaction of the
conditions set forth in, and in accordance with the provisions of, Section 6 of the Collateral Trust Agreement. The Collateral Trustee agrees to promptly give notice to the Securities Intermediary releasing all or any portion of the property
(including, without limitation, all or any portion of the funds and financial assets) held by the Securities Intermediary for the account of Grantor upon the satisfaction of the conditions set forth in, and in accordance with the provisions of,
Section 6 of the Collateral Trust Agreement. 
 (dd) Sections 6 and 7 will survive termination of this Agreement. 
 SECTION 9. Governing Law. This Agreement shall be deemed to be a contract under the laws of the Commonwealth of Pennsylvania and this Agreement and
the Account for all purposes shall be governed by and construed in accordance with the laws of said Commonwealth without regard to its conflict of laws principles. The Securities Intermediary and the Grantor may not change the law governing the
Account without the Collateral Trustee’s express prior written agreement. 
 SECTION 10. Entire Agreement. This Agreement
supersedes all prior understandings and agreements, whether written or oral, between the parties hereto relating to the transactions provided for herein. 
 SECTION 11. Amendments. No amendment of, or waiver of a right under, this Agreement will be binding unless it is in writing and signed by the party to be charged. 
 SECTION 12. Financial Assets. The Securities Intermediary agrees with the Collateral Trustee and the Grantor that, to the fullest extent permitted
by applicable law, all property credited from time to time to the Account will be treated as financial assets under Article 8 of the PA Uniform Commercial Code. 
  

 B-4 

 SECTION 13. Notices. A notice or other communication to a party under this Agreement will be in
writing (except that Entitlement Orders may be given orally), will be sent to the party’s address set forth under its name below or to such other address as the party may notify the other parties. Any notice or other communication shall be
effective: 
 (i) In the case of hand-delivery, when delivered; 
 (ii) If given by mail, four days after such notice or other communication is deposited with the United States Postal Service, with
first-class postage prepaid, return receipt requested; 
 (iii) In the case of a facsimile transmission, when sent to the
applicable party’s facsimile machine’s telephone number if the party sending such notice or other communication receives confirmation of the delivery thereof from its own facsimile machine; 
 (iv) In the case of electronic transmission, when actually received; and 
 (v) If given by any other means (including by overnight courier), when actually received. 
 SECTION 14. Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Grantor, the Collateral Trustee and the
Securities Intermediary and their respective successors and assigns except that the Grantor may not assign or transfer the Grantor’s obligations hereunder or any interest herein other than assignments and transfers permitted by the Amended and
Restated Credit Agreement dated as of June 27, 2007 among CONSOL Energy Inc., the Guarantors party thereto, the Lenders party thereto, LaSalle Bank National Association, Société Générale, New York Branch and SunTrust
Bank, each in its capacity as a co-documentation agent, and Citicorp North America, Inc. and PNC Bank, National Association as co-administrative agents. 
 SECTION 15. Execution in Counterparts. This Agreement may be executed by different parties hereto on any number of separate counterparts, each of which, when so executed and delivered, shall be an original, and
all such counterparts shall together constitute one and the same instrument. Delivery of an executed signature page by telecopy or electronic signature delivery system (in either case in a form acceptable to the Collateral Trustee) shall be
effective as delivery of a manually executed signature page to this Agreement. 
  

 B-5 

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

			
	[NAME OF GRANTOR]
		
	By	 	 
		 	Title:
		
	Address:	 	 
		 	 
	Facsimile:	 	 
	Email:	 	 

  

			
	WILMINGTON TRUST COMPANY, not
in its individual capacity but solely as
Collateral Trustee
		
	By	 	 
		 	Name:
		 	Title:
	Address:	 	
		 	 Wilmington Trust Company, as Collateral
 Trustee
 Rodney Square North
 1100 North Market Street

 Wilmington, DE 19890

	Attn:	 	Corporate Trust Administration
	Telephone:	 	(302) 636-6043
	Facsimile:	 	(302) 636-4143
	Email:	 	 

  

			
	[NAME OF SECURITIES INTERMEDIARY]
		
	By	 	 
		 	Title:
		
	Address:	 	 
		 	 
	Facsimile:	 	 
	Email:	 	 

 EXHIBIT A 
 [Statements of the various Accounts showing the property credited to each Account] 

 Exhibit C to the 
 Security Agreement 
 EXHIBIT C 
 TO 
 SECURITY AGREEMENT 
 FORM OF COMMODITY ACCOUNT CONTROL AGREEMENT 
 COMMODITY ACCOUNT CONTROL AGREEMENT (this “Agreement”) dated as of                     ,
                    , among
(i)                     , a
                    (the “Grantor”), (ii) Wilmington Trust Company, a Delaware banking corporation, not in its
individual capacity, but solely as Collateral Trustee under that certain Amended and Restated Collateral Trust Agreement dated as of June 27, 2007 (the “Collateral Trust Agreement”), among Wilmington Trust Company, as
corporate trustee, David A. Vanaskey, as individual trustee, CONSOL Energy Inc. and certain of its subsidiaries party thereto, as secured party for the equal and ratable benefit of the Secured Parties (as such term is defined in the Collateral Trust
Agreement) (the “Collateral Trustee”), and (iii)                    , a
                    , as commodity intermediary (the “Commodity Intermediary”). 
 PRELIMINARY STATEMENTS: 
 (1) The Grantor has granted the
Collateral Trustee a security interest (the “Security Interest”) in account no.                     maintained by the
Commodity Intermediary for the Grantor (the “Account”). 
 (2) Terms defined in Article 8 or 9 of the Uniform
Commercial Code in effect in the Commonwealth of Pennsylvania (“PA Uniform Commercial Code”) are used in this Agreement as such terms are defined in such Article 8 or 9. 
 NOW, THEREFORE, in consideration of the premises and of the mutual agreements contained herein, the parties hereto hereby agree as follows: 

SECTION 1. The Account. The Grantor and Commodity Intermediary represent and warrant to, and agree with, the Grantor and the Collateral Trustee
that: 
 (ee) The Commodity Intermediary maintains the Account for the Grantor, and all commodity contracts held by the
Commodity Intermediary for the account of the Grantor is, and will continue to be, carried in the Account. 
 (ff) The Account
is a commodity account. The Commodity Intermediary is the commodity intermediary with respect to the commodity contracts credited from time to time in the Account. The Grantor is the commodity customer with respect to the commodity contracts
credited from time to time in the Account. 

 (gg) The Commonwealth of Pennsylvania is, and will continue to be, the Commodity
Intermediary’s jurisdiction of organization for purposes of Section 9-305(b) of the UCC so long as the Security Interest shall remain in effect. 
 (hh) Exhibit A attached hereto is a statement of the commodity contracts credited in the Account on the most recent date practicable. 
 (ii) The Grantor and Commodity Intermediary do not know of any claim to or interest in the Account or any commodity contracts carried in
the Account, except for claims and interests of the parties referred to in this Agreement. 
 SECTION 2. Control by Collateral
Trustee. Upon receipt of a Notice of Exclusive Control (as defined below) and thereafter until receipt of a Notice of Release (as defined below), the Commodity Intermediary will comply with all notifications it receives directing it to apply any
value distributed on account of any commodity contract or contracts carried in the Account (each, and “Entitlement Order”) or other directions concerning the Account originated by the Collateral Trustee without further
consent by the Grantor or any other person. 
 SECTION 3. Grantor’s Rights in Account. 
 (jj) Until the Commodity Intermediary receives a notice from the Collateral Trustee certifying that an Event of Default (as defined in the security
documents between the Collateral Trustee and the Grantor) has occurred and is continuing and stating that the Collateral Trustee will exercise exclusive control over the Account (a “Notice of Exclusive Control” with respect
to such Account), the Commodity Intermediary will comply with Entitlement Orders originated by the Grantor without further consent by the Collateral Trustee. 
 (kk) If the Commodity Intermediary receives from the Collateral Trustee a Notice of Exclusive Control, the Commodity Intermediary, until it has received a Notice of Release, will cease: 
 (i) complying with Entitlement Orders or other directions concerning the Account originated by the Grantor and 
 (ii) distributing to the Grantor any value distributed on account of any commodity contract in the Account. 
 (ll) In the event a Notice of Exclusive Control is delivered by the Collateral Trustee to the Commodity Intermediary, and subsequently the Event of
Default triggering such notice is cured, the Collateral Trustee agrees promptly to send a notice to the Commodity Intermediary directing the Commodity Intermediary to comply with Entitlement Orders and other directions concerning each Account
originated by the Grantor (a “Notice of Release”) and, at such time, the Account Holder will comply with Entitlement Orders as contemplated by clause (a). 
 SECTION 4. Priority of Collateral Trustee’s Security Interest. 
 (a) The Commodity Intermediary subordinates in favor of the Collateral Trustee any security interest, lien, or right of setoff it may have, now or in the future, against the Account or 

  

 C-2 

 
commodity contracts carried in the Account, except that the Commodity Intermediary will retain its prior lien on commodity contracts in the Account to secure
payment for commodity contracts purchased for the Account and normal commissions and fees for the Account. 
 (mm) The Commodity Intermediary
will not agree with any third party that the Commodity Intermediary will comply with Entitlement Orders originated by such Person. 
 SECTION
5. Statements, Confirmations, and Notices of Adverse Claims. 
 (a) The Commodity Intermediary will send copies of all statements
and confirmations for the Account simultaneously to the Grantor and the Collateral Trustee. 
 (nn) When the Commodity Intermediary knows of
any claim or interest in the Account or any commodity contracts credited in the Account other than the claims and interests of the parties referred to in this Agreement, the Commodity Intermediary will promptly notify the Collateral Trustee and the
Grantor of such claim or interest. 
 SECTION 6. The Commodity Intermediary’s Responsibility. 
 (a) The Commodity Intermediary will not be liable to the Collateral Trustee for complying with Entitlement Orders or other directions concerning the
Account from the Grantor that are received by the Commodity Intermediary before the Commodity Intermediary receives and has a reasonable opportunity to act on a Notice of Exclusive Control. 
 (oo) The Commodity Intermediary will not be liable to the Grantor for complying with a Notice of Exclusive Control or with an Entitlement Order or other
direction concerning the Account originated by the Collateral Trustee, even if the Grantor notifies the Commodity Intermediary that the Collateral Trustee is not legally entitled to issue the Notice of Exclusive Control or Entitlement Order or such
other direction unless the Commodity Intermediary takes the action after it is served with an injunction, restraining order, or other legal process enjoining it from doing so, issued by a court of competent jurisdiction, and had a reasonable
opportunity to act on the injunction, restraining order or other legal process. 
 (pp) This Agreement does not create any obligation of the
Commodity Intermediary except for those expressly set forth in this Agreement. In particular, the Commodity Intermediary need not investigate whether the Collateral Trustee is entitled under the Collateral Trustee’s agreements with the Grantor
to give an Entitlement Order or other direction concerning the Account or a Notice of Exclusive Control. The Commodity Intermediary may rely on notices and communications it believes given by the appropriate party. 
 SECTION 7. Indemnity. The Grantor will indemnify the Commodity Intermediary, its officers, directors, employees and agents against claims,
liabilities and expenses arising out of this Agreement (including, without limitation, reasonable attorney’s fees and disbursements), except to the extent the claims, liabilities or expenses are caused by the Commodity Intermediary’s gross
negligence of willful misconduct as found by a court of competent jurisdiction in a final, non-appealable judgment. 
  

 C-3 

 SECTION 8. Termination; Survival. 
 (a) The Collateral Trustee may terminate this Agreement by notice to the Commodity Intermediary and the Grantor. If the Collateral Trustee notifies
the Commodity Intermediary that the Security Interest has terminated, this Agreement will immediately terminate. 
 (qq) The Commodity
Intermediary may terminate this Agreement on 60 days’ prior notice to the Collateral Trustee and the Grantor, provided that before such termination the Commodity Intermediary and the Grantor shall make arrangements to transfer the
commodity contracts carried in the Account to another commodity intermediary that shall have executed, together with the Grantor, a control agreement in favor of the Collateral Trustee in respect of such commodity contracts in substantially the form
of this Agreement or otherwise in form and substance satisfactory to the Collateral Trustee. 
 (rr) This Agreement shall terminate upon the
satisfaction of the conditions set forth in, and in accordance with the provisions of, Section 6 of the Collateral Trust Agreement. The Collateral Trustee agrees to promptly give notice to the Commodity Intermediary releasing all or any portion
of the property (including, without limitation, all or any portion of the funds and financial assets) held by the Commodity Intermediary for the account of Grantor upon the satisfaction of the conditions set forth in, and in accordance with the
provisions of, Section 6 of the Collateral Trust Agreement. 
 (ss) Sections 6 and 7 will survive termination of this Agreement.

 SECTION 9. Governing Law. This Agreement shall be deemed to be a contract under the laws of the Commonwealth of Pennsylvania and
this Agreement and the Account for all purposes shall be governed by and construed in accordance with the laws of said Commonwealth without regard to its conflict of laws principles. The Commodity Intermediary and the Grantor may not change the law
governing the Account without the Collateral Trustee’s express prior written agreement. 
 SECTION 10. Entire Agreement. This
Agreement supersedes all prior understandings and agreements, whether written or oral, between the parties hereto relating to the transactions provided for herein. 
 SECTION 11. Amendments. No amendment of, or waiver of a right under, this Agreement will be binding unless it is in writing and signed by the party to be charged. 
 SECTION 12. Commodity Contracts. The Commodity Intermediary agrees with the Collateral Trustee and the Grantor that, to the fullest extent
permitted by applicable law, all property carried from time to time in the Account will be treated as commodity contracts under Article 8 of the PA Uniform Commercial Code. 
 SECTION 13. Notices. A notice or other communication to a party under this Agreement will be in writing (except that Entitlement Orders may be
given orally), will be sent to the party’s address set forth under its name below or to such other address as the party may notify the other parties. Any notice or other communication shall be effective: 
 (i) In the case of hand-delivery, when delivered; 
  

 C-4 

 (ii) If given by mail, four days after such notice or other communication is deposited
with the United States Postal Service, with first-class postage prepaid, return receipt requested; 
 (iii) In the case of a
facsimile transmission, when sent to the applicable party’s facsimile machine’s telephone number if the party sending such notice or other communication receives confirmation of the delivery thereof from its own facsimile machine;

 (iv) In the case of electronic transmission, when actually received; and 
 (v) If given by any other means (including by overnight courier), when actually received. 
 SECTION 14. Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Grantor, the Collateral Trustee and the Commodity
Intermediary and their respective successors and assigns, except that the Grantor may not assign or transfer the Grantor’s Obligations hereunder or any interest herein other than assignments and transfers permitted by the Amended and Restated
Credit Agreement dated as of June 27, 2007 among CONSOL Energy Inc., the Guarantors party thereto, the Lenders party thereto, LaSalle Bank National Association, Société Générale, New York Branch and SunTrust Bank,
each in its capacity as a co-documentation agent, and Citicorp North America, Inc. and PNC Bank, National Association as co-administrative agents. 
 SECTION 15. Execution in Counterparts. This Agreement may be executed by different parties hereto on any number of separate counterparts, each of which, when so executed and delivered, shall be an original, and all such counterparts
shall together constitute one and the same instrument. Delivery of an executed signature page by telecopy or electronic signature delivery system (in either case in a form acceptable to the Collateral Trustee) shall be effective as delivery of a
manually executed signature page to this Agreement. 
  

 C-5 

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

			
	[NAME OF GRANTOR]
		
	By	 	 
		 	Title:
		
	Address:	 	 
	Facsimile:	 	 
	Email:	 	 

  

			
	WILMINGTON TRUST COMPANY, not
in its individual capacity but solely as
Collateral Trustee
		
	By	 	 
		 	Name:
		 	Title:
		
	Address:	 	
		 	 Wilmington Trust Company, as Collateral
 Trustee
 Rodney Square North
 1100 North Market Street

 Wilmington, DE 19890

	Attn:	 	Corporate Trust Administration
	Telephone:	 	(302) 636-6043
	Facsimile:	 	(302) 636-4143
	Email:	 	 

  

			
	[NAME OF COMMODITY INTERMEDIARY]
		
	By	 	 
		 	Title:
		
	Address:	 	 
	Facsimile:	 	 
	Email:	 	 

 EXHIBIT A 
 [Statements of the various Accounts showing the property credited to each Account]

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