Document:

EX-10.3

 Exhibit 10.3 

Execution Version 

PENNSYLVANIA MINE COMPLEX OPERATING AGREEMENT 

by and among 
 CONSOL
PENNSYLVANIA COAL COMPANY LLC, 
 CONRHEIN COAL COMPANY 

and 
 CNX THERMAL HOLDINGS LLC

 dated as of 

July 7, 2015 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I DEFINITIONS AND INTERPRETATION
	  	 	1	  
			
	 1.1
	 	 Defined Terms
	  	 	1	  
	 1.2
	 	 References and Rules of Construction
	  	 	1	  
		
	 ARTICLE II OPERATOR
	  	 	2	  
			
	 2.1
	 	 Appointment
	  	 	2	  
	 2.2
	 	 Relationship of Parties
	  	 	2	  
		
	 ARTICLE III DUTIES OF OPERATOR
	  	 	2	  
			
	 3.1
	 	 Services.
	  	 	2	  
	 3.2
	 	 Standard of Care for Services
	  	 	3	  
	 3.3
	 	 Insurance
	  	 	3	  
	 3.4
	 	 Information Maintained By Operator
	  	 	4	  
	 3.5
	 	 Access to Records
	  	 	4	  
	 3.6
	 	 Ownership
	  	 	5	  
	 3.7
	 	 Contracts
	  	 	5	  
		
	 ARTICLE IV OPERATING COMMITTEE; ANNUAL BUDGET
	  	 	5	  
			
	 4.1
	 	 Operating Committee
	  	 	5	  
	 4.2
	 	 Actions Requiring Operating Committee Unanimous Approval
	  	 	6	  
	 4.3
	 	 Annual Budget
	  	 	7	  
	 4.4
	 	 Ten Year Mine Plan and Annual Development Plan
	  	 	8	  
		
	 ARTICLE V COMPENSATION AND PAYMENTS
	  	 	8	  
			
	 5.1
	 	 Compensation, Payments and Advances
	  	 	8	  
	 5.2
	 	 Payment Disputes
	  	 	10	  
	 5.3
	 	 Audits
	  	 	10	  
	 5.4
	 	 Accounting Arbitrator
	  	 	10	  
	 5.5
	 	 Delinquent Payment
	  	 	11	  
	 5.6
	 	 Payments Under Omnibus Agreement
	  	 	11	  
		
	 ARTICLE VI LIABILITY OF THE PARTIES; INDEMNIFICATION
	  	 	11	  
			
	 6.1
	 	 Release.
	  	 	11	  
	 6.2
	 	 Omnibus Agreement Indemnities
	  	 	11	  
	 6.3
	 	 Disclaimer
	  	 	11	  
	 6.4
	 	 Conspicuous
	  	 	11	  

  
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	ARTICLE VII TERM; TERMINATION; RESIGNATION OR REMOVAL OF OPERATOR		12	 
			
	 7.1
		 Term
		 	12	  
	 7.2
		 Resignation and Removal of Operator
		 	12	  
	 7.3
		 Effect of Termination
		 	12	  
	 7.4
		 Transition
		 	12	  
		
	 ARTICLE VIII FORCE MAJEURE; EMERGENCIES
		 	13	  
			
	 8.1
		 Force Majeure
		 	13	  
	 8.2
		 Emergencies
		 	13	  
		
	 ARTICLE IX MISCELLANEOUS
		 	14	  
			
	 9.1
		 Assignment
		 	14	  
	 9.2
		 Notices
		 	14	  
	 9.3
		 Further Assurances
		 	15	  
	 9.4
		 Expenses
		 	16	  
	 9.5
		 Waiver; Rights Cumulative
		 	16	  
	 9.6
		 Entire Agreement; Conflicts
		 	16	  
	 9.7
		 Amendment
		 	16	  
	 9.8
		 Governing Law; Jurisdiction
		 	16	  
	 9.9
		 Parties in Interest
		 	16	  
	 9.10
		 Preparation of Agreement
		 	17	  
	 9.11
		 Severability
		 	17	  
	 9.12
		 Counterparts
		 	17	  
	 9.13
		 Allocation of Resources
		 	17	  
	 9.14
		 Memorandum
		 	17	  

					
			
	 APPENDIX
				
		
	 Appendix I    Definitions
		

  
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 PENNSYLVANIA MINE COMPLEX OPERATING AGREEMENT 

THIS PENNSYLVANIA MINE COMPLEX OPERATING AGREEMENT (as may be amended, revised, supplemented or otherwise modified from time to time,
this “Agreement”), dated as of July 7, 2015 (the “Execution Date”), is by and among CONSOL PENNSYLVANIA COAL COMPANY LLC, a Delaware limited liability company
(“CPCC”), CONRHEIN COAL COMPANY, a Pennsylvania general partnership (“Conrhein,” and together with CPCC, the “CONSOL Parties”), CNX THERMAL HOLDINGS LLC, a
Delaware limited liability company (“Operator”). CONSOL Parties and Operator may be referred to herein separately as a “Party” and collectively as the “Parties.” 

RECITALS 
 WHEREAS,
pursuant to that certain Contribution Agreement by and among the Parties, dated as of June 22, 2015 (the “Contribution Agreement”), the CONSOL Parties contributed to Operator certain assets and properties relating to the
Pennsylvania Mine Complex (as hereinafter defined); 
 WHEREAS, the CONSOL Parties and Operator own undivided interests in those
certain coal mines in Greene and Washington Counties, Pennsylvania and Marshall County, West Virginia, commonly known as the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the related preparation plant commonly known as the Bailey
preparation plant (the “Pennsylvania Mine Complex”); and 
 WHEREAS, the Owning Parties (as hereinafter
defined) wish to designate Operator as the operator of the Assets (as hereinafter defined) and in connection therewith engage Operator as an independent contractor to provide, directly or indirectly, certain services with respect to the operation of
the Assets, subject to and upon the terms and conditions of this Agreement. 
 NOW, THEREFORE, in consideration of the premises and
of the mutual covenants, agreements, conditions, and obligations set forth herein, the Parties hereby agree as follows: 
 ARTICLE I

 DEFINITIONS AND INTERPRETATION 

1.1 Defined Terms. For purposes hereof, the capitalized terms used herein and not otherwise defined have the meanings set forth
in Appendix I or the Contribution Agreement. 
 1.2 References and Rules of Construction. All references in this
Agreement to Exhibits, Appendices, Articles, Sections, subsections and other subdivisions refer to the corresponding Exhibits, Appendices, Articles, Sections, subsections and other subdivisions of or to this Agreement unless expressly provided
otherwise. Titles appearing at the beginning of any Exhibit, Appendix, Article, Section, subsection and other subdivision of this Agreement are for convenience only, do not constitute any part of this Agreement and shall be disregarded in construing
the language hereof. The words “this Agreement,” “herein,” “hereby,” “hereunder” and “hereof,” and words of similar import, refer to this Agreement as a whole and not to any particular Exhibit,
Appendix, Article, Section, subsection or other subdivision unless expressly so limited. The word “including” (in its various forms) means “including without limitation.” 

 
All references to “$” or “dollars” shall be deemed references to United States dollars. Each accounting term not defined herein will have the meaning given to it under GAAP.
Pronouns in masculine, feminine or neuter genders shall be construed to state and include any other gender, and words, terms and titles (including terms defined herein) in the singular form shall be construed to include the plural and vice versa,
unless the context otherwise requires. References to any Law means such Law as it may be amended from time to time. If a date specified herein for providing any notice or taking any action is not a Business Day, then the date for giving such notice
or taking such action shall be the next day which is a Business Day. 
 ARTICLE II 

OPERATOR 
 2.1
Appointment. In accordance with the terms and provisions of this Agreement, the Owning Parties hereby appoint Operator, and Operator hereby accepts such appointment, as the operator with respect to the Assets. Subject to the limitations
provided in this Agreement, Operator shall have full and complete authority to enter the Assets and to direct and control all operations conducted thereon or with respect thereto. 

2.2 Relationship of Parties. Operator is, and shall perform the Operational Services as, an independent contractor and not as an
agent or employee of the Non-Operating Parties. Operator shall have the right to subcontract some or all of the Operational Services to competent subcontractors of its choosing; provided, however, that the subcontracting of any Operational
Services to be performed hereunder shall in no event relieve Operator of any of its obligations hereunder. Operator shall determine the number of employees, the selection of employees, the hours of work and the compensation to be paid to all
employees by Operator used in performing the Operational Services. Operator shall be responsible for the payment of federal income tax, social security tax, workers’ compensation insurance, unemployment tax and other similar payments, if any,
relating to Operator’s business and employees, and the Non-Operating Parties shall not withhold any amounts for such purposes from payments made hereunder. 

ARTICLE III 
 DUTIES OF
OPERATOR 
 3.1 Services. Subject to Section 3.2 and Section 4.2, Operator shall oversee,
supervise and manage the day-to-day operations associated with or conducted upon the Assets and perform all acts necessary to maintain and operate the Assets in compliance with the then-current Annual Budget, then-current Annual Development Plan,
then-current Ten Year Mine Plan and applicable Law, including those actions set forth in Section 3.1(a) through Section 3.1(d) (collectively, the “Operational Services”). 

(a) General Duties. The general duties of Operator include (i) arranging for the purchase, transportation and storage of all
supplies, materials and equipment reasonably determined by Operator as necessary to perform the Operational Services; (ii) paying and discharging on behalf of the Owning Parties all costs incurred in connection with the Operational Services;
(iii) engaging personnel reasonably determined by Operator as necessary to perform any of the Operational Services; (iv) engaging subcontractors or contract personnel reasonably determined by Operator as necessary to perform any of the
Operational Services; and (v) taking all necessary and proper measures and as may be required by applicable Law for the protection of life, health, the environment and property in the case of an Emergency pursuant to Section 8.2.

  
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 (b) Mining Services. Operator shall conduct all day-to-day activities relating to the
operation and management of the Assets, including: (i) supervision of daily operations, including site preparation, development mining and longwall mining; (ii); review of mine production performance and operating expenses; (iii) handling
of coal production and delivery thereof to purchasers and/or other facilities; (iv) handling and disposing of all coal refuse; and (v) site remediation. 

(c) Planning and Coordination Services. In connection with the execution of this Agreement, Operator and the Non-Operating Parties have
agreed on (i) a plan setting forth the anticipated mining operations during the following calendar year (an “Annual Development Plan”) with respect to the remainder of the calendar year 2015; (ii) a plan setting
forth the anticipated mining operations to be conducted by Operator during the ten-year period following the Execution Date (as updated from time to time, the “Ten Year Mine Plan”); and (iii) an annual budget with
respect to the remainder of the calendar year 2015. Each year, Operator will prepare and submit to the Operating Committee (A) a proposed Annual Development Plan for the upcoming calendar year, (B) an update to the Ten Year Mine Plan and
(C) a proposed Annual Budget, in each case, in accordance with Section 4.3 and Section 4.4, as applicable. In addition, Operator will administer and manage the Cooperation and Safety Agreement, including making elections
and enforcing the rights of the Owning Parties thereunder. 
 (d) Safety Services. Operator shall monitor and enforce compliance with
all applicable health and safety policies and procedures and regulatory requirements. 
 3.2 Standard of Care for Services.
Subject to Article 6, Operator shall conduct the Operational Services, with respect to the Assets, consistently with past practices with respect to the operation of the Pennsylvania Mine Complex Assets and in a manner that is not grossly
negligent and does not constitute willful misconduct. If Operator should elect to engage a subcontractor to perform any of the Operational Services, Operator shall cause such subcontractor to conduct the Operational Services with the standard of
care set forth in this Section 3.2. 
 3.3 Insurance. 

(a) With respect to the remainder of calendar year 2015 and calendar years 2016, 2017, 2018, 2019 and 2020 (or such earlier time as Operator
elects to obtain insurance pursuant to Section 3.3(b)), the CONSOL Parties shall procure and maintain, or cause to be procured and maintained, for the benefit of the Non-Operating Parties and Operator the kinds of insurance and the
amounts of coverage that is required by applicable Laws or that the CONSOL Parties reasonably determine necessary in connection with the ownership and operation of the Assets. The CONSOL Parties shall use their commercially reasonable efforts to
name Operator and its Affiliates as named insureds on and to obtain waivers of subrogation in favor of Operator and its Affiliates with respect to the insurance carried pursuant to this Section 3.3(a) (the “CONSOL
Insurance”). Operator shall be responsible for its Percentage Interest of the costs and expenses incurred by the CONSOL Parties in procuring and maintaining the CONSOL 

  
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Insurance. Promptly after finalizing the CONSOL Insurance with respect to a calendar year, the CONSOL Parties will provide notice to Operator of the total costs associated with such CONSOL
Insurance and Operator’s Percentage Interest thereof, and Operator shall reimburse the CONSOL Parties as soon as reasonably practical thereafter. Notwithstanding the preceding, Operator may procure such additional insurance in the types and
amounts that it may desire in its sole discretion. 
 (b) Beginning with respect to calendar year 2021 (or such earlier calendar year as
elected by Operator upon reasonable notice to the CONSOL Parties), Operator shall procure and maintain, or cause to be procured and maintained, for the benefit of the Non-Operating Parties and Operator the kinds of insurance and the amounts of
coverage that is required by applicable Laws or that Operator reasonably determines necessary in connection with the ownership and operation of the Assets. Operator shall use its commercially reasonable efforts to name the Non-Operating Parties as
additional insureds on and to obtain waivers of subrogation in favor of the Non-Operating Parties with respect to the insurance carried pursuant to this Section 3.3(b). 

(c) Operator shall (i) require subcontractors performing any of the Operational Services to obtain and maintain any and all insurance
that is required by applicable Laws or that would otherwise be required by a reasonable, prudent service provider and (ii) use its commercially reasonable efforts to cause subcontractors performing work with respect to the Operational Services
to name the Non-Operating Parties and Operator as additional insureds on such subcontractors’ insurance policies (with waivers of subrogation in favor of the Non-Operating Parties and Operator). 

3.4 Information Maintained By Operator. 

(a) Operator shall maintain (i) the Reports; (ii) copies of regulatory filings and any material correspondence with Governmental
Authorities; (iii) any records relating to any material claims; and (iv) any other information generated by, or in custody of, Operator relating to the Operational Services and/or the Assets (collectively, the “Operating
Records”). 
 (b) Operator shall maintain, separately and in accordance with Operator’s customary recordkeeping
procedures, GAAP and applicable Law, accurate records and accounts (i) of all expenses, costs and liabilities accrued or incurred by it in performing the Operational Services and (ii) on the Non-Operating Parties’ behalf, of
(A) all expenses, costs and liabilities accrued or incurred by Operator in connection with this Agreement and/or the Non-Operating Parties’ contractual commitments with regard to the Assets and (B) all revenues accrued, invoiced and
received by Operator on behalf of the Non-Operating Parties (collectively, the “Accounting Records,” and together with the Operating Records, the “Records”). Operator agrees to retain the Records
pertaining to the Operational Services for a period of not less than three calendar years following the end of the calendar year in which the relevant Operational Services were performed or any longer period if required by Law. 

3.5 Access to Records. Operator shall give the Non-Operating Parties access to the Records (including the right to copy, at the
Non-Operating Parties’ expense) during normal business hours and upon reasonable prior written notice to Operator. 

  
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 3.6 Ownership. 

(a) Undivided Ownership of the Assets. Each of the Owning Parties shall be responsible for its Percentage Interest of any costs and
expenses incurred by Operator on behalf of the Owning Parties in connection with this Agreement. As of the Execution Date, the Percentage Interest of the CONSOL Parties is 80% and the Percentage Interest of Operator is 20%. 

(b) Liens and Encumbrances.  

(i) In its provision of Operational Services, Operator shall not take any action to encumber the Non-Operating Parties’ Percentage
Interest in and to the Assets, other than a Permitted Encumbrance, without the prior written consent of the Non-Operating Parties. 
 (ii)
The Non-Operating Parties shall not shall not take any action to encumber, or permit any lien on, their Percentage Interest in and to the Assets, other than a Permitted Encumbrance. 

3.7 Contracts. Each Non-Operating Party agrees to execute and deliver (or to cause to be executed and delivered) each of those
contracts to which Operator (i) is authorized to cause such Non-Operating Party to enter into in accordance with this Agreement and (ii) directs such Non-Operating Party to execute and deliver in accordance with this Agreement. 

ARTICLE IV 
 OPERATING
COMMITTEE; ANNUAL BUDGET 
 4.1 Operating Committee. 

(a) To facilitate the operation and management of the Assets and the creation, approval and amendment of the Annual Budget, there is hereby
established an operating committee composed of representatives of the Owning Parties (the “Operating Committee”). The Non-Operating Parties, collectively, shall be entitled to appoint one representative to the Operating
Committee (the “Non-Operating Representative”) and Operator shall be entitled to appoint one representative to the Operating Committee (the “Operator Representative”). The initial Non-Operating
Representative shall be Nicholas J. DeIuliis and the initial Operator Representative shall be James A Brock. Each Party shall have the right to change its representative serving on the Operating Committee at any time by giving notice of such change
to the other Party. 
 (b) The Operating Committee shall have only the powers and duties expressly ascribed to it in this Agreement. 

(c) The representative of a Party shall be authorized to represent and bind such Party with respect to any matter that is within the powers of
the Operating Committee hereunder and is properly brought before the Operating Committee. On all matters coming before the Operating Committee, the Non-Operating Representative and the Operator Representative shall each have an equal vote. 

  
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 (d) Unless otherwise agreed to by the members of the Operating Committee, the Operating Committee
shall meet at least once per calendar quarter to review and discuss the management and development of the Assets, the Reports, the Annual Budget, the Annual Development Plan, the Ten Year Mine Plan and such other matters as may be reasonably
proposed by Operator or the Non-Operating Parties. Operator may elect, but is not required, to provide to the members of the Operating Committee an agenda for such meeting (which shall include any items that a
member of the Operating Committee requests to have included on such agenda). All meetings shall be held during normal business hours, with the time and place of each meeting to be determined by Operator. Members of the Operating Committee shall be
allowed to participate telephonically (or, to the extent available, by video conference) in any such meeting. 
 (e) All actions requiring
approval by the Operating Committee shall be decided by the unanimous vote of the Operating Committee members. The Operating Committee shall keep a written record of all meetings and actions taken. To the fullest extent permitted by Law and
notwithstanding any provision of this Agreement to the contrary, no member of the Operating Committee, in his or her capacity as a member of the Operating Committee, shall have any duty, fiduciary or otherwise, to the Parties that did not appoint
such member in connection with any act or omission by such member under this Agreement. Each Party agrees and acknowledges that each member of the Operating Committee shall be entitled to determine whether or not to take any action under this
Agreement by only considering the interests of the Party that designated such member to the Operating Committee and not the interests of any other Party. 

4.2 Actions Requiring Operating Committee Unanimous Approval. Each of the following actions shall require the prior approval of
the Operating Committee: 
 (a) any permanent idling of any of the mines in the Assets; 

(b) any temporary idling of any of the mines in the Assets (other than scheduled shutdowns); 

(c) adoption, amendment or modification of any Annual Development Plan; 

(d) adoption, amendment or modification of any Annual Budget; 

(e) adoption, amendment or modification of the Ten Year Mine Plan; 

(f) incurring of any capital expenditure or expenses in excess of 10% of the Annual Budget; 

(g) initiation of any material lawsuits on behalf of the Owning Parties; 

(h) settlement of any material litigation; 

(i) responding to or settling any material governmental proceeding, including any environmental proceeding; 

  
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 (j) sale of any material portion of the Non-Real Property Assets; or 

(k) entry into, any of the following types of contracts with respect to the Operational Services, unless such contract is provided for in the
then applicable Annual Budget: 
 (i) any contract that can reasonably be expected to result in payments by Operator of more than
$5,000,000 in the aggregate over the term of such contract; 
 (ii) any contract that has a term of more than three years, unless
terminable by Operator without penalty on 30 days’ notice or less; 
 (iii) any indenture, mortgage, guaranty, loan, credit or
sale-leaseback or similar financial contract or any contract which creates any liens for borrowed money; or 
 (iv) any contract with any
Affiliate of Operator, unless (A) such contract can reasonably be expected to result in payments by Operator of less than $1,000,000 in the aggregate over the term of such contract or (B) (1) such contract can reasonably be expected
to result in payments by Operator of less than $1,000,000 but more than $2,000,000 in the aggregate over the term of such contract, (2) Operator has obtained proposals for the services to be provided pursuant to such contract from at least two
non-Affiliate service providers and (3) the terms of such affiliated contract in the aggregate is equal to or better than such third party proposals. 

4.3 Annual Budget. 

(a) In connection with the execution of this Agreement, the Owning Parties have provided Operator with the annual budget applicable to the
remainder of calendar year 2015. Other than with respect to calendar year 2015, on or before October 15 of the calendar year immediately preceding the relevant calendar year, Operator shall prepare and submit to the Operating Committee a
proposed annual budget for such relevant calendar year for the ownership, operation and development of the Assets that takes into consideration and provides for, at a minimum, the following anticipated costs, expenses, operations and sales (each, an
“Annual Budget”): 
 (i) operating expenses; 

(ii) maintenance capital expenditures; 

(iii) expansion capital expenditures; 

(iv) miscellaneous expenses, including anticipated costs under each of the Employee Services Agreement, the Water Supply and Services
Agreement, the Terminal and Throughput Agreement and the Contract Agency Agreement; 
 (v) production and sales plan; 

(vi) cash flow analysis and information; and 

  
 7 

 (vii) any other information determined by the Operating Committee to be relevant. 

(b) Each member of the Operating Committee shall review the proposed Annual Budget and meet with Operator to discuss any proposed revisions.
No later than November 1 of the calendar year immediately preceding the relevant calendar year, the Operating Committee shall meet to consider the proposed Annual Budget and any recommendations made with respect thereto by any member of the
Operating Committee and approve or reject the proposed Annual Budget and such recommendations. 
 4.4 Ten Year Mine Plan and Annual
Development Plan. 
 (a) In connection with the execution of this Agreement, the Owning Parties have provided Operator with the Ten
Year Mine Plan applicable to the ten-year period following the Execution Date and the Annual Development Plan applicable to calendar year 2015. 

(b) Other than with respect to calendar year 2015, on or before October 15 of each calendar year, Operator shall submit to the Operating
Committee: 
 (i) a proposed update to the Ten Year Mine Plan to extend such plan for an additional calendar year and to include any
proposed changes to the following mining operations to be conducted with regard to the Assets in the applicable ten-year period, including (if applicable); and 

(ii) a proposed annual development plan setting forth the anticipated mining and development activities with regard to the Assets for the
immediately following calendar year. 
 ARTICLE V 

COMPENSATION AND PAYMENTS 

5.1 Compensation, Payments and Advances. 

(a) Operating Account. Operator is hereby authorized to open a bank account (the “Operating Account”) in which
Operator will hold for the account of the Parties any funds advanced or paid to Operator by or on behalf of the Non-Operating Parties in the Operating Account. Operator shall have no fiduciary duties to the Non-Operating Parties in connection with
the holding of the Operating Account. Operator shall make expenditures from the Operating Account consistent with the Annual Budget in furtherance of its Operational Services, including acquisitions of equipment, inventory and other non-real
property in its own name for the undivided benefit of the Owning Parties. 
 (b) Payments. Each Owning Party acknowledges and agrees
that it shall be responsible for, and shall pay and/or reimburse Operator for, its Percentage Interest of the costs incurred by Operator in providing the Operational Services, including of any Person subcontracted by Operator in accordance with
Section 2.2 to provide Operational Services. For the avoidance of doubt, the Owning Parties shall not be responsible for costs incurred by Operator in obtaining the General and Administrative Services. Operator may elect, in its sole

  
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discretion, to prepare and deliver to the Non-Operating Parties, on or before the 10th Business Day of the calendar month preceding the relevant calendar month, a reasonably detailed notice of
the estimated amount of all out-of-pocket expenditures that Operator projects to be incurred in the performance of the Operational Services during the following calendar month plus a reasonable contingency amount (such amount, the
“Monthly Estimate”). The Non-Operating Parties shall cause the Monthly Estimate to be deposited with Operator prior to the beginning of each calendar month to which such Monthly Estimate relates. To the extent that any
Monthly Estimate is insufficient to satisfy Operator’s expenditures for such calendar month, then Operator may (but is not required to) incur such expenses on the Non-Operating Parties’ behalf and in such event the Monthly Estimate for the
following calendar month shall be increased by such shortfall. If the Monthly Estimate paid by the Non-Operating Parties with respect to any calendar month exceeds Operator’s expenditures hereunder for such calendar month, then the amount of
such excess shall, at the Non-Operating Parties’ election, either be applied to amounts payable hereunder with respect to succeeding calendar months (and the applicable Monthly Estimate will reflect such amounts that have not been previously
distributed) or be refunded to the Non-Operating Parties. Prior to the termination of this Agreement, the Parties shall true-up the amounts owed and paid under this Agreement, and to the extent any Party owes any amounts to another Party hereunder,
such owing Party shall make a payment to the Party to which such amount is owed. 
 (c) Distributions. Periodically, but no less than
monthly, Operator shall distribute to each Non-Operating Party such Non-Operating Party’s proportionate share of net revenues received (excluding such Non-Operating Party’s (i) proportionate share of expenses that Operator reasonably
anticipates will be incurred the following month and that are not anticipated to be covered by cash flows from such month and which have not been included in a Monthly Estimate and (ii) any amounts for which such Non-Operating Party is in
default under this Agreement together with any interest accrued thereon). 
 (d) Authority for Expenditures. During each fiscal year,
Operator shall have the right and authority (i) to make expenditures of up to 110% of the Annual Budget for such fiscal year, as such Annual Budget may be revised from time to time and (ii) to make expenditures of such amounts as Operator
reasonably determines are required in the event of an Emergency. If during any fiscal year Operator’s expenditures exceed, or Operator anticipates that such expenditures will exceed, 110% of the Annual Budget, Operator shall notify the
Operating Committee of the excess (or anticipated excess) expenditures, and such notice shall include reasonable detail of the reasons for such excess expenditures and a proposal by Operator for an amendment of the Annual Budget to reflect
Operator’s revised estimate of expenditures for such fiscal year. 
 (e) Out-of-Pocket Expenditures. Notwithstanding anything to
the contrary in this Agreement (other than in connection with its obligations in respect of an Emergency as described in Section 8.2), in no event shall Operator be required to incur or pay any out-of-pocket expenditures on behalf of the
Non-Operating Parties in connection with the provision of the Operational Services where the funds with respect thereto have not been advanced to Operator by the Non-Operating Parties in accordance with this Agreement. 

  
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 5.2 Payment Disputes. In the event a Non-Operating Party disputes any Operator
invoice, in whole or in part, such Non-Operating Party shall promptly notify Operator of the dispute, setting out in reasonable detail the basis for the dispute and including any supporting documentation available to such Non-Operating Party
regarding the dispute. The Non-Operating Parties shall pay the entire amount of Operator’s invoice within the applicable period for payment provided herein; provided, however, that such payment shall in no event waive the Non-Operating
Parties’ rights to dispute the invoice as provided herein. The disputing Non-Operating Parties and Operator shall endeavor in good faith to promptly settle any disputed amount, and Operator shall reimburse the Non-Operating Parties for any
amounts ultimately determined to have been overpaid, within ten Business Days following resolution of such dispute. The provisions of this Section 5.2 shall survive the expiration or termination of this Agreement 

5.3 Audits. Any Non-Operating Party, upon reasonable written notice to Operator, shall have the right to audit Operator’s
accounts and Records relating to the Operational Services for any calendar year within the 24-month period following the end of such calendar year. Operator shall not bear any portion of such Non-Operating Party’s audit cost incurred under this
Section 5.3. The audits shall not be conducted more frequently than bi-annually without the prior approval of Operator, except upon the resignation or removal of Operator. Upon the completion of any such audit the results of which
evidence an overcharging by Operator for Operational Services rendered, the Non-Operating Party may notify Operator of such overcharge and request reimbursement thereof, and such notice shall include such Non-Operating Party’s calculations and
reasonable data supporting such reimbursement request. Within 30 days after receipt of such Non-Operating Party’s reimbursement request, Operator shall notify the Non-Operating Party if Operator disputes the results of the audit.
Operator’s failure to notify the Non-Operating Party of such dispute within such time period shall be deemed to be agreement with the audit results and the reimbursement request. If Operator timely notifies the Non-Operating Party that it
disputes the audit results, then each of Operator and the Non-Operating Party shall designate a representative, and, not later than ten Business Days from such selection, such representatives shall meet in an effort to resolve such disputed audit
results. Such representatives shall attempt to agree on a resolution of such dispute within ten Business Days from meeting. Upon such deadline, if no consensual resolution has been reached, either the Non-Operating Party or Operator may cause such
dispute to be submitted to arbitration in accordance with Section 5.4. This Section 5.3 shall survive the expiration or termination of this Agreement for a period of 24 months. 

5.4 Accounting Arbitrator. In the event that the Parties cannot reach agreement regarding any disputes regarding amounts
invoiced hereunder pursuant to Section 5.2 or Section 5.3, either Party may refer the remaining matters in dispute to the Philadelphia, Pennsylvania office of a mutually agreeable nationally recognized accounting firm (the
“Accounting Arbitrator”) for review and final determination by arbitration. Should such selected firm fail or refuse to agree to serve as Accounting Arbitrator within ten Business Days after receipt of a written request from
any Party to serve, and should the Parties fail to agree in writing on another replacement Accounting Arbitrator within five Business Days after the end of that ten-day period, or should no replacement Accounting Arbitrator agree to serve within 30
days after the original written request pursuant to this Section 5.4, the Accounting Arbitrator shall be a nationally recognized accounting firm appointed by the Philadelphia office of the American

  
 10 

 
Arbitration Association. The Accounting Arbitrator’s determination shall be made within 30 days after submission of the matters in dispute and shall be final and binding on the Parties,
without right of appeal. The Accounting Arbitrator shall act as an expert for the limited purpose of determining the specific disputed matters submitted by the Parties and may not award damages or penalties to the Parties with respect to any matter.
Each Party shall each bear its own legal fees and other costs of presenting its case. The fees, costs and expenses of the Accounting Arbitrator, shall be allocated between the Parties based upon the percentage which the portion of the disputed
matters not awarded to such Party bears to the amount actually contested by such Party. The provisions of this Section 5.4 shall survive the expiration or termination of this Agreement. 

5.5 Delinquent Payment. All amounts that are due hereunder and that are not paid within 30 days of the date due shall accrue
interest at the Agreed Rate from the date due until the date such amounts are fully paid. 
 5.6 Payments Under Omnibus
Agreement. The Parties acknowledge and agree that this Agreement, including the terms under this Article 5, are subject to the terms of the Omnibus Agreement, and that any payments to be made under this Agreement may be netted against
other amounts payable to a Party as more particularly set forth in the Omnibus Agreement. 
 ARTICLE VI 

LIABILITY OF THE PARTIES; INDEMNIFICATION 

6.1 Release. Except as set forth in Section 6.2, each Party hereby releases, discharges and forever waives any
claims against the other Party with respect to any breach of this Agreement. 
 6.2 Omnibus Agreement Indemnities. The Parties
hereby acknowledge and agree that except for the rights of the Parties to terminate this Agreement pursuant to Article 7, the indemnities set forth under the Omnibus Agreement shall be the Parties’ exclusive remedies with respect to any
breach of this Agreement. For the avoidance of doubt, except as set forth in the Omnibus Agreement, in no event shall Operator have any liability under this Agreement or applicable Law with respect to the provision of the Operational Services under
this Agreement or acting as contract operator for any claim, damage, loss or liability sustained or incurred in connection with its operations with respect to the Assets or the provision of the Operational Services or any breach of any provision of
this Agreement. 
 6.3 Disclaimer. NOTWITHSTANDING ANY OTHER TERM OF THIS AGREEMENT TO THE CONTRARY, OPERATOR MAKES NO, AND
DISCLAIMS ANY, REPRESENTATIONS AND WARRANTIES, EXPRESS, IMPLIED OR STATUTORY WITH RESPECT TO THE PERFORMANCE OR RESULTS OF THE OPERATIONAL SERVICES OR ANY DATA OR INFORMATION PROVIDED BY OPERATOR HEREUNDER. 

6.4 Conspicuous. THE PARTIES AGREE THAT, TO THE EXTENT REQUIRED BY APPLICABLE LAW TO BE EFFECTIVE OR ENFORCEABLE, THE PROVISIONS
IN THIS AGREEMENT IN ALL-CAPS FONT ARE “CONSPICUOUS” FOR THE PURPOSE OF ANY APPLICABLE LAW. 

  
 11 

 ARTICLE VII 

TERM; TERMINATION; RESIGNATION OR REMOVAL OF OPERATOR 

7.1 Term. Unless terminated earlier by express written agreement of the Parties or in accordance with Section 7.2,
the term of this Agreement shall commence on the Execution Date and continue in full force and effect until the cessation of operations at the Pennsylvania Mine Complex (the “Term”). 

7.2 Resignation and Removal of Operator. 

(a) Resignation of Operator. Operator may not resign as operator without the prior written consent of the Non-Operating Parties, which
consent may be withheld in the Non-Operating Parties’ sole discretion. 
 (b) Removal of Operator. The Non-Operating Parties may
remove Operator as operator and terminate this Agreement upon written notice to Operator of: 
 (i) the Bankruptcy of Operator; or 

(ii) an action constituting willful misconduct or gross negligence on the part of Operator in connection with the performance of the
Operational Services. 
 For the avoidance of doubt, in the event Operator resigns or is removed, this Agreement shall terminate in accordance with
Section 7.3 and Section 7.4. 
 7.3 Effect of Termination. If this Agreement is terminated pursuant to
Section 7.2, this Agreement shall be of no further force or effect, except for the provisions of Section 5.2, Section 5.3, Section 5.4; Section 5.5, Section 5.6, Article
6, this Section 7.3, Section 7.4, and Article 9 which, in each case, shall continue in full force and effect. The termination of this Agreement shall not relieve any Party from its obligations or liabilities
arising hereunder prior to the date of such termination. 
 7.4 Transition. Upon termination of this Agreement, Operator shall
as promptly as practicable, but in any event within 60 days following such termination, deliver to the Non-Operating Parties (or their designees) the Records, in such format, including electronic format, as the Records are maintained by Operator.
Upon such termination, the Non-Operating Parties shall use their commercially reasonable efforts to designate another Person or Persons to provide the Operational Services to the Owning Parties, and, during the Transition Period, (i) Operator
shall, subject to Article 8, continue to provide the Operational Services in accordance with the terms of this Agreement to the Non-Operating Parties and cooperate to ensure the orderly and expeditious transition of the provision of the
Operational Services to the Person or Persons designated by the Non-Operating Parties, including training of a new operator with respect to the Operational Services (if requested by the Non-Operating Parties) and transferring permits and licenses
and migrating computer or other systems to a new operator, as applicable, and (ii) the Non-Operating Parties shall pay and reimburse Operator for their proportionate share of the portion of any costs incurred by Operator in accordance with this
Agreement. The provisions of this Section 7.4 shall survive the termination of this Agreement. 

  
 12 

 ARTICLE VIII 

FORCE MAJEURE; EMERGENCIES 

8.1 Force Majeure. If any Party is rendered unable, wholly or in part, by Force Majeure to carry out its obligations under this
Agreement, other than the obligation to make money payments, that Party shall give to the other Party prompt written notice of the Force Majeure with reasonably full particulars concerning it; thereupon, the obligations of the Party giving notice,
so far as they are affected by the Force Majeure, shall be suspended during, but no longer than, the continuance of the Force Majeure. The affected Party shall use all reasonable efforts to remove, mitigate and/or remedy the Force Majeure situation
as quickly as practicable. The requirement that any Force Majeure shall be remedied with all reasonable dispatch shall not require the settlement of strikes, lockouts or other labor difficulty by the Party involved, contrary to its wishes; the
method by which all such difficulties shall be handled shall be entirely within the discretion of the affected Party; provided, however, the foregoing shall not relieve such Party of its obligations to take other measures to remove, mitigate
and/or remedy any delay or suspension resulting from such labor difficulties. 
 8.2 Emergencies. In the event of an
Emergency, Operator shall promptly: 
 (a) make all notifications required under applicable Law, including to appropriate Governmental
Authorities; 
 (b) implement Emergency response and mitigation measures as deemed advisable by Operator for a prudent operator to respond
to or mitigate the Emergency, including to protect human health and the environment; 
 (c) commence any required remediation, maintenance
or repair work necessary to keep the Assets operating safely (or to restore such Assets to safe operating condition) and in accordance with all applicable Laws or otherwise to minimize damage as deemed advisable by Operator for a prudent operator to
respond to or mitigate the Emergency; and 
 (d) notify, as soon as practicable after the occurrence of the event, the Non-Operating Parties
of such Emergency, all mitigation, repair, restoration or remediation plans, all material correspondence with Governmental Authorities and any Permits or approvals required in connection with Operator’s Emergency response, repair, remediation
or restoration activities. 
 Operator’s notification of the Non-Operating Parties may be made by any method deemed appropriate by Operator under the
circumstances and does not have to comply with Section 9.2. Operator will submit invoices to the Non-Operating Parties for their proportionate share of the work done and expenses incurred by Operator during any Emergency within 30 days
after Operator incurs such expenses, and, unless such costs are netted against the Non-Operating Parties’ share of revenues collected by Operator, the Non-Operating Parties shall pay Operator within 15 Business Days of receipt of such invoices.

  
 13 

 ARTICLE IX 

MISCELLANEOUS 
 9.1
Assignment. 
 (a) This Agreement and the duties hereunder may only be assigned (a) by Operator with the prior written consent
of the CONSOL Parties, which consent may be withheld in the CONSOL Parties’ sole discretion, and (b) by the CONSOL Parties with the prior written consent of Operator, which such consent shall not be unreasonably withheld; provided,
however, that the CONSOL Parties may freely assign this Agreement in connection with a transfer of all or a material portion of the CONSOL Parties’ ownership interest in the Assets. Any assignment of this Agreement made in contravention of
this Section 9.1 shall be void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the Parties and their respective permitted successors and assigns. Nothing in this Section 9.1 shall
preclude Operator from subcontracting some or all of the Operational Services in accordance with Section 2.2. 
 (b) The CONSOL
Parties (i) acknowledge that the Operator has entered into or will enter into one or more credit agreements, security agreements, and other security instruments (collectively, the “Loan Documents”) with the
administrative agent, collateral agent or other agent party thereto (the “Agent”) for the benefit of certain lenders, (ii) consent in all respects to the collateral assignment under the Loan Documents of all of
Operator’s right, title and interest in, to and under this agreement, (iii) acknowledge the right of the Agent or its designee(s) or assignee(s), in the exercise of the Agent’s rights and remedies under the Loan Documents, to make all
demands, give all notices, take all actions and exercise all rights of Operator under this agreement (the “Assigned Interests”) and (iv) acknowledge that if the Agent or its designee(s) or assignee(s) has elected to
exercise the rights and remedies set forth in the Loan Documents, then the Agent, its designee(s) or assignee(s) or any other purchaser of the Assigned Interests in a judicial or nonjudicial foreclosure sale (a “Substitute
Owner”) shall be substituted for Operator under this agreement. In the event described in clause (d), the CONSOL Parties shall recognize such Substitute Owner in its capacity as such and shall continue to perform its obligations under
this agreement in favor of such Substitute Owner. 
 9.2 Notices. All notices and communications required or permitted to be
given under this Agreement shall be sufficient in all respects if given in writing and delivered personally, or sent by bonded overnight courier, or mailed by U.S. Express Mail or by certified or registered U.S. Mail with all postage fully prepaid
or by electronic mail with a PDF of the notice or other communication attached (provided that any such electronic mail is confirmed either by written confirmation or U.S. Express Mail), in each case, addressed to the appropriate Person at the
address for such Person as follows: 
 If to CPCC: 

CONSOL Pennsylvania Coal Company LLC 

1000 CONSOL Energy Drive 

Canonsburg PA, 15317 

Attention: Vice President and Comptroller 

Email: davidkhani@consolenergy.com 

  
 14 

 with a copy to: 

Attention: Vice President and Secretary 

Email: stevejohnson@consolenergy.com 

If to Conrhein: 
 Conrhein Coal
Company 
 1000 CONSOL Energy Drive 

Canonsburg PA, 15317 

Attention: Controller and Assistant Secretary 

Email: loriritter@consolenergy.com 

With a copy to: 
 Attention:
Secretary 
 Email: michaelbaker@consolenergy.com 

If to Operator: 
 CNX Thermal
Holdings LLC 
 1000 CONSOL Energy Drive 

Canonsburg PA, 15317 

Attention: Chief Financial Officer 

Email: loriritter@consolenergy.com 

With a copy to: 
 Attention:
General Counsel 
 Email: marthawiegand@consolenergy.com 

Any notice given in accordance herewith shall be deemed to have been given when (a) delivered to the addressee in person or by courier,
(b) transmitted by electronic communications during normal business hours, or if transmitted after normal business hours, on the next Business Day, or (c) upon actual receipt by the addressee after such notice has either been delivered to
an overnight courier or deposited in the U.S. Mail if received during normal business hours, or if not received during normal business hours, then on the next Business Day, as the case may be. Any Party may change their contact information for
notice by giving notice to the other Parties in the manner provided in this Section 9.2. 
 9.3 Further
Assurances. In connection with this Agreement and the transactions contemplated hereby, each Party shall execute and deliver, or cause to be executed and delivered, any additional documents and instruments and perform any additional acts
that may be reasonably necessary or appropriate to effectuate and perform the provisions of this Agreement and the transactions contemplated herein. 

  
 15 

 9.4 Expenses. Except as otherwise specifically provided, all fees, costs and
expenses incurred by the Parties in negotiating this Agreement shall be paid by the Party incurring the same, including legal and accounting fees, costs and expenses. 

9.5 Waiver; Rights Cumulative. Any of the terms, covenants, or conditions hereof may be waived only by a written instrument
executed by or on behalf of the Party waiving compliance. No course of dealing on the part of any Party, or their respective officers, employees, agents or representatives, nor any failure by a Party to exercise any of its rights under this
Agreement shall operate as a waiver thereof or affect in any way the right of such Party at a later time to enforce the performance of such provision. No waiver by any Party of any condition, or any breach of any term or covenant contained in this
Agreement, in any one or more instances, shall be deemed to be or construed as a further or continuing waiver of any such condition or breach or a waiver of any other condition or of any breach of any other term or covenant. The rights of the
Parties under this Agreement shall be cumulative, and the exercise or partial exercise of any such right shall not preclude the exercise of any other right. 

9.6 Entire Agreement; Conflicts. This Agreement, the other Pennsylvania Mine Complex Agreements and the documents to be executed
hereunder and thereunder, constitute the entire agreement of the Parties and their Affiliates relating to the transactions contemplated hereby and supersede all provisions and concepts contained in all prior letters of intent, memoranda, agreements
or communications between the Parties or their Affiliates relating to the transactions contemplated hereby. In the event of a conflict between (a) the terms and provisions of this Agreement and the terms and provisions of any Appendix hereto or
(b) subject to the following sentence, the terms and provisions of this Agreement and the terms and provisions of any Pennsylvania Mine Complex Agreement, in each case, the terms and provisions of this Agreement shall govern and control;
provided, however, that the inclusion of any terms and conditions in the Appendix hereto or the Pennsylvania Mine Complex Agreements which are not addressed in this Agreement shall not be deemed a conflict. To the extent there is any conflict
between the terms and conditions of the Omnibus Agreement or the Contribution Agreement and the terms and conditions of this Agreement, the Omnibus Agreement or Contribution Agreement, as applicable, shall control. 

9.7 Amendment. This Agreement may be amended only by an instrument in writing executed by the Parties and expressly identified
as an amendment or modification. 
 9.8 Governing Law; Jurisdiction. This Agreement shall be subject to and governed by the
laws of the State of Texas, excluding any conflicts-of-law rule or principle that might refer the construction or interpretation of this Agreement to the Laws of another state. The Parties hereby acknowledge and agree that Section 6.2(b) of the
Omnibus Agreement shall apply to this Agreement mutatis mutandis. 
 9.9 Parties in Interest. Except as expressly set
forth in this Agreement, nothing in this Agreement shall entitle any Person other than the Parties to any claim, cause of action, remedy or right of any kind. 

  
 16 

 9.10 Preparation of Agreement. All of the Parties and their respective counsels
participated in the preparation of this Agreement. In the event of any ambiguity in this Agreement, it is the intent of the Parties that no presumption shall arise based on the identity of the draftsman of this Agreement. 

9.11 Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any
rule of Law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any adverse
manner to any Party. Upon such determination that any term or other provision is invalid, illegal, or incapable of being enforced, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties
as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the extent possible. 

9.12 Counterparts. This Agreement may be executed in any number of counterparts, and each such counterpart hereof shall be
deemed to be an original instrument, but all of such counterparts shall constitute for all purposes one agreement. Any signature hereto delivered by a Party by electronic mail shall be deemed an original signature hereto. 

9.13 Allocation of Resources. Notwithstanding anything else herein to the contrary, in performing its obligations hereunder, each
Party shall accord the other Party (and shall cause its Affiliates and shall use its good faith and commercially reasonable efforts to cause any of its Third Party subcontractors to accord to the other Party) no less than the same priority and
treatment under comparable circumstances as it would provide to itself or any of its Affiliates’ business units or assets, and shall allocate to the other Party (and shall cause its Affiliates and shall use its good faith and
commercially reasonable efforts to cause any of its Third Party subcontractors to allocate to the other Party) any delay or suspension of performance in a manner no less favorable than the manner by which it allocates such delay or suspension
of performance to itself or any of its Affiliates’ business units or assets. 
 9.14 Memorandum. Upon request, the
Parties shall execute and deliver a memorandum with respect to this Agreement which shall be filed in the real property records of the counties in which the Assets covered by this Agreement are located. From and after such filing, upon request from
any Party, each other Party shall execute and deliver any additions, deletions, modifications or supplements to such memorandum that a proposing Party may reasonably request from time to time to cover any additions, deletions, modifications or
supplements to this Agreement or the Assets covered by this Agreement. 
 [THE NEXT SUCCEEDING PAGE IS THE EXECUTION PAGE] 

  
 17 

 IN WITNESS WHEREOF, this Agreement has been signed by each of the Parties on the Execution
Date. 
  

			
	CPCC:
	
	CONSOL PENNSYLVANIA COAL COMPANY LLC
		
	By:		 /s/ Stephen W. Johnson

	Name:		Stephen W. Johnson
	Title:		Vice President and Secretary
	
	CONRHEIN:
	
	CONRHEIN COAL COMPANY
		
	By:		 /s/ Stephen W. Johnson

	Name:		Stephen W. Johnson
	Title:		Vice President
	
	OPERATOR:
	
	CNX THERMAL HOLDINGS LLC
		
	By:		 /s/ Martha A. Wiegand

	Name:		Martha A. Wiegand
	Title:		General Counsel and Secretary

 [Signature Page to Pennsylvania Mine Complex Operating Agreement] 

 APPENDIX I 

Definitions 

“Accounting Arbitrator” has the meaning set forth in Section 5.4. 

“Accounting Records” has the meaning set forth in Section 3.4(b). 

“Acquired Assets” means any coal reserves, equipment, or other assets that are jointly acquired by the Parties
primarily in connection with the other Assets after the Execution Date. 
 “Affiliate” means, with respect to any
Person, any Person that directly or indirectly Controls, is Controlled by or is Under Common Control With such Person; provided, however, that for purposes of this Agreement, General Partner, the Partnership and any subsidiaries of the
Partnership, including CTH, shall be deemed not to be “Affiliates” of the CONSOL Parties. 
 “Agent” has
the meaning set forth in Section 9.1(b). 
 “Agreed Rate” means, on the applicable date of
determination, the LIBOR Rate plus an additional two percentage points (or, if such rate is contrary to any applicable Law, the maximum rate permitted by such applicable Law). 

“Agreement” has the meaning set forth in the Preamble. 

“Annual Budget” has the meaning set forth in Section 4.3(a). 

“Annual Development Plan” has the meaning set forth in Section 3.1(e). 

“Assets” means the Pennsylvania Mine Complex Assets and any Acquired Assets. 

“Assigned Interests” has the meaning set forth in Section 9.1(b). 

“Bankruptcy” means, with respect to any Person: (a) the filing by such Person of a voluntary petition seeking
liquidation, reorganization, arrangement or readjustment, in any form, of its debts under the U.S. Bankruptcy Code (or corresponding provisions of future Laws) or any other insolvency Law, or a Person’s filing an answer consenting to or
acquiescing in any such petition; (b) the making by such Person of any assignment for the benefit of its creditors or the admission by a Person of its inability to pay its debts as they mature; or (c) the expiration of 60 days after the
filing or an involuntary petition under the U.S. Bankruptcy Code (or corresponding provisions of future Laws) seeking an application for the appointment of a receiver for the assets of such Person, or an involuntary petition seeking liquidation,
reorganization, arrangement or readjustment of its debts under any other insolvency Law, unless the same shall have been vacated, set aside or stayed within such 60 day period. 

“Business Day” means a day (other than a Saturday or Sunday) on which commercial banks in the State of Pennsylvania
are generally open for business. 
 “Conrhein” has the meaning set forth in the Preamble. 

  
 APPENDIX I

 PAGE 1 

 “CONSOL Insurance” has the meaning set forth in
Section 3.3(a). 
 “CONSOL Parties” has the meaning set forth in the Preamble. 

“Contract Agency Agreement” means that certain Contract Agency Agreement, dated as of the Execution Date, between
CONSOL Energy Sales Company and Operator, as may be amended, revised, supplemented or otherwise modified from time to time. 

“Contribution Agreement” means that certain contribution agreement dated as of June 22, 2015 by and among CONSOL
Parties and Operator, as may be amended, revised, supplemented or otherwise modified from time to time. 
 “Control”
(including the terms “Controlled” and “Under Common Control With”) means with respect to any Person, the possession, direct or indirect, of the power to direct or cause the direction of the management
and policies of a Person, whether through the ownership of voting shares, by contract, or otherwise. 
 “Cooperation and Safety
Agreement” means that certain Cooperation and Safety Agreement, dated as of the Execution Date, by and among CNX Gas Company LLC, a Virginia limited liability company, CONSOL Parties and Operator, as may be amended, revised,
supplemented or otherwise modified from time to time. 
 “CPCC” has the meaning set forth in the Preamble. 

“Emergency” means any sudden or unexpected event which causes, or risks causing, (a) substantial damage to any of
the Assets or the property of a Third Party, (b) death of or injury to any Person, (c) damage or substantial risk of damage to natural resources (including wildlife) or the environment, (d) safety concerns associated with continued
operations, or (e) non-compliance with any applicable Law, and, in each case, which event is of such a nature that a response cannot, in the reasonable discretion of Operator, await the decision of the Owning Parties. For the avoidance of
doubt, an “Emergency” shall include any release or threatened release of hazardous substances into the environment that requires notification to any Governmental Authority under applicable Law. 

“Employee Services Agreement” means that certain Employee Services Agreement, dated as of the Execution Date, between
CPCC and Operator, as may be amended, revised, supplemented or otherwise modified from time to time. 
 “Execution
Date” has the meaning set forth in the Preamble. 
 “Force Majeure” means an act of God; strike,
lockout or other similar disturbance; act of the public enemy; war; blockade; public riot; lightning, fire, storm, flood or other act of nature or the elements; explosion; action, delay or inaction of a Governmental Authority that is reasonably
unforeseen or unexpected; unavailable equipment not within the control of the Party claiming suspension; and any other cause, whether of the kind specifically enumerated above or otherwise, which is not reasonably within the control of the Party
claiming suspension. 

  
 APPENDIX I

 PAGE 2 

 “GAAP” means generally accepted accounting principles in the United
States. 
 “General and Administrative Services” has the meaning set forth in the Omnibus Agreement. 

“General Partner” means CNX Coal Resources GP LLC, a Delaware limited liability company. 

“Governmental Authority” means any federal, state, local, municipal, tribal or other government; any governmental,
regulatory or administrative agency, commission, body or other authority exercising or entitled to exercise any administrative, executive, judicial, legislative, regulatory or taxing authority or power; and any court or governmental tribunal,
including any tribal authority having or asserting jurisdiction. 
 “Law” means any applicable statute, law, rule,
regulation, ordinance, order, code, ruling, writ, injunction, decree or other official act of or by any Governmental Authority. 

“Loan Documents” has the meaning set forth in Section 9.1(b). 

“Monthly Estimate” has the meaning set forth in Section 5.1(b). 

“Non-Operating Parties” means any Person other than Operator holding an undivided interest in and to the Assets and
that is currently, or becomes, a Party to this Agreement. 
 “Non-Operating Representative” has the meaning set
forth in Section 4.1(a). 
 “Non-Real Property Assets” means all assets and properties included in the
Assets, other than any real property. 
 “Omnibus Agreement” means that certain Omnibus Agreement dated as of the
Execution Date by and among CONSOL Energy Inc., a Delaware corporation, the General Partner, the Partnership, and the other parties thereto, as may be amended, revised, supplemented or otherwise modified from time to time. 

“Operating Account” has the meaning set forth in Section 5.1(a). 

“Operating Committee” has the meaning set forth in Section 4.1(a). 

“Operating Records” has the meaning set forth in Section 3.4(a). 

“Operational Services” has the meaning set forth in Section 3.1. 

“Operator” has the meaning set forth in the Preamble. 

“Operator Representative” has the meaning set forth in Section 4.1(a). 

  
 APPENDIX I

 PAGE 3 

 “Owning Party” means on the one hand, the CONSOL Parties (collectively)
and their permitted successors and assigns and on the other hand, Operator and its permitted successors and assigns. 

“Partnership” means CNX Coal Resources LP, a Delaware limited partnership. 

“Party” and “Parties” has the meaning set forth in the Preamble. 

“Pennsylvania Mine Complex” has the meaning set forth in the Recitals. 

“Pennsylvania Mine Complex Agreements” means the Omnibus Agreement, the Employee Services Agreement, the Cooperation
and Safety Agreement, the Contract Agency Agreement, the Water Supply and Services Agreement, the Terminal and Throughput Agreement and this Agreement. 

“Pennsylvania Mine Complex Assets” has the meaning set forth in the Contribution Agreement. 

“Percentage Interest” means, as of the applicable time of determination, an Owning Party’s undivided interest in
the Pennsylvania Mine Complex, as such undivided interest may change from time to time. 
 “Permit” means any
permits, approvals or authorizations by, or filings with, Governmental Authorities. 
 “Permitted Encumbrance” means
any or all of the following: 
 (a) liens for Taxes or assessments not yet delinquent or if delinquent, being contested in
good faith in the ordinary course of business by appropriate actions; 
 (b) materialman’s, mechanic’s,
repairman’s, employee’s, contractor’s, operator’s and other similar liens or charges arising in the ordinary course of business for amounts not yet delinquent (including any amounts being withheld as provided by Law), or if
delinquent, being contested in good faith by appropriate actions; 
 (c) easements, rights-of-way, covenants, servitudes,
Permits, surface leases and other rights in respect of surface operations that do not prevent or adversely affect operations as currently conducted on the Assets; 

(c) all rights reserved to or vested in any Governmental Authority to control or regulate any of the Assets in any manner or to
assess tax with respect to the Assets, the ownership, use or operation thereof, or revenue, income or capital gains with respect thereto, and all obligations and duties under all applicable Laws of any such Governmental Authority or under any
franchise, grant, license or Permit issued by any Governmental Authority; and 

  
 APPENDIX I

 PAGE 4 

 (d) liens of landowners that (i) do not materially interfere with the use or
ownership of the Assets subject thereto or affected thereby (as currently used or owned); and (ii) secure amounts not yet delinquent. 

“Person” means any individual, corporation, company, partnership, limited partnership, limited liability company,
trust, estate, Governmental Authority or any other entity. 
 “Records” has the meaning set forth in
Section 3.4(b). 
 “Reports” has the meaning set forth in Section 3.1(h). 

“Substitute Owner” has the meaning set forth in Section 9.1(b). 

“Taxes” means all federal, state, local, and foreign income, profits, franchise, sales, use, ad valorem, property,
severance, production, excise, stamp, documentary, real property transfer or gain, gross receipts, goods and services, registration, capital, transfer, or withholding taxes or other assessments, duties, fees or charges imposed by any Governmental
Authority, including any interest, penalties or additional amounts that may be imposed with respect thereto. 
 “Ten Year Mine
Plan” has the meaning set forth in Section 3.1(e). 
 “Term” has the meaning set forth in
Section 7.1. 
 “Terminal and Throughput Agreement” means that certain Terminal and Throughput
Agreement, dated as of the Execution Date, between CNX Marine Terminal, INc. and CTH, as may be amended, revised, supplemented or otherwise modified from time to time. 

“Third Party” means any Person other than a Party to this Agreement or an Affiliate of a Party to this Agreement. 

“Transition Period” means the period from the termination of this Agreement to the date that is 180 days after such
termination or such shorter period as the Owning Parties may agree. 
 “Water Supply and Services Agreement” means
that certain Water Supply and Services Agreement, dated as of the Execution Date, between CNX Water Assets LLC and CTH, as may be amended, revised, supplemented or otherwise modified from time to time. 

  
 APPENDIX I

 PAGE 5EX-10.4

 Exhibit 10.4 

Execution Version 

EMPLOYEE SERVICES AGREEMENT 

by and between 
 CNX THERMAL
HOLDINGS LLC 
 and 

CONSOL PENNSYLVANIA COAL COMPANY LLC 

dated as of 
 July 7, 2015

 TABLE OF CONTENTS 

 

							
	ARTICLE I DEFINITIONS AND INTERPRETATION		1	 
	 1.1
		 Defined Terms
		 	1	  
	 1.2
		 References and Rules of Construction
		 	1	  
		
	 ARTICLE II POWER AND AUTHORITY; OPERATIONAL SERVICES
		 	2	  
	 2.1
		 CPCC Power and Authority; Operational Services
		 	2	  
	 2.2
		 Limitations on Authority
		 	2	  
	 2.3
		 Emergency
		 	3	  
	 2.4
		 Contracts
		 	4	  
	 2.5
		 Ownership of Property
		 	4	  
	 2.6
		 CPCC’s Permitted Delegation of Authority; Employee Matters
		 	4	  
	 2.7
		 Other Business Pursuits; No Fiduciary Duties
		 	5	  
	 2.8
		 Certain Conditions of Service
		 	5	  
	 2.9
		 Annual Budget
		 	6	  
	 2.10
		 Ten Year Mine Plan; Annual Development Plan
		 	7	  
	 2.11
		 Insurance
		 	8	  
	 2.12
		 Records
		 	8	  
	 2.13
		 Operational Services Standard
		 	8	  
		
	 ARTICLE III PAYMENTS
		 	8	  
	 3.1
		 Payments
		 	8	  
	 3.2
		 Payment Terms; Disputed Charges
		 	8	  
	 3.3
		 Revenues
		 	9	  
	 3.4
		 Taxes
		 	9	  
	 3.5
		 Maintenance of Books & Records
		 	10	  
	 3.6
		 Audit
		 	10	  
	 3.7
		 Payments Under Omnibus Agreement
		 	10	  
		
	 ARTICLE IV TERM; TERMINATION
		 	11	  
	 4.1
		 Term
		 	11	  
	 4.2
		 CPCC Termination
		 	11	  
	 4.3
		 CTH Termination
		 	11	  
	 4.4
		 Effect of Termination
		 	11	  
	 4.5
		 Transition Period
		 	12	  
		
	 ARTICLE V LIMITS OF RESPONSIBILITY; INDEMNIFICATION
		 	12	  
	 5.1
		 Release
		 	12	  
	 5.2
		 Omnibus Agreement Indemnities
		 	12	  
	 5.3
		 Disclaimer
		 	12	  
	 5.4
		 Conspicuous
		 	12	  
		
	 ARTICLE VI FORCE MAJEURE
		 	13	  
	 6.1
		 Force Majeure
		 	13	  

  
 i 

							
	 ARTICLE VII MISCELLANEOUS
		 	13	  
	 7.1
		 Assignment
		 	13	  
	 7.2
		 Notices
		 	13	  
	 7.3
		 Further Assurances
		 	14	  
	 7.4
		 Expenses
		 	14	  
	 7.5
		 Waiver; Rights Cumulative
		 	14	  
	 7.6
		 Entire Agreement; Conflicts
		 	15	  
	 7.7
		 Amendment
		 	15	  
	 7.8
		 Governing Law; Jurisdiction
		 	15	  
	 7.9
		 Parties in Interest
		 	15	  
	 7.10
		 Preparation of Agreement
		 	15	  
	 7.11
		 Severability
		 	15	  
	 7.12
		 Counterparts
		 	16	  
	 7.13
		 Allocation of Resources
		 	16	  
			
	 APPENDIX
						
		
	 Appendix I    Definitions
				

  
 ii 

 EMPLOYEE SERVICES AGREEMENT 

This Employee Services Agreement (as may be amended, revised, supplemented or otherwise modified from time to time, this
“Agreement”), is dated as of July 7, 2015 (the “Execution Date”) by and between CNX Thermal Holdings LLC, a Delaware limited liability company (“CTH”), and Consol
Pennsylvania Coal Company LLC, a Delaware limited liability company (“CPCC”). CTH and CPCC are referred to herein separately as a “Party” and collectively as the “Parties”. 

RECITALS 
 WHEREAS,
pursuant to that certain Contribution Agreement by and among CPCC, Conrhein Coal Company, a Pennsylvania general partnership (“Conrhein”), and CTH dated as of June 22, 2015 (the “Contribution
Agreement”), CPCC and Conrhein contributed to CTH certain assets and properties relating to the Pennsylvania Mine Complex (defined below); 

WHEREAS, CPCC, Conrhein and CTH own undivided interests in those certain coal mines in Greene and Washington Counties, Pennsylvania and
Marshall County, West Virginia, commonly known as the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the related preparation plant commonly known as the Bailey preparation plant (collectively, the “Pennsylvania Mine
Complex”). 
 WHEREAS, pursuant to that certain Pennsylvania Mine Complex Operating Agreement dated as of the Execution
Date by and between CPCC, Conrhein and CTH (as may be amended, revised, supplemented or otherwise modified from time to time, the “Operating Agreement”), (a) CTH has been designated as the operator of the Pennsylvania
Mine Complex and (b) the Owning Parties (defined below) have delegated authority with respect to and engaged CTH to provide the Operational Services (defined below); and 

WHEREAS, pursuant to and subject to the limitations contained in this Agreement, CTH delegates to CPCC the power and authority to act
on behalf of CTH to perform the Operational Services on behalf of CTH, and CPCC agrees to provide the Operational Services to CTH. 
 NOW
THEREFORE, in consideration of the premises and of the mutual covenants, agreements, conditions and obligations set forth herein, the Parties hereby agree as follows: 

ARTICLE I 
 DEFINITIONS
AND INTERPRETATION 
 1.1 Defined Terms. For purposes hereof, the capitalized terms used herein and not otherwise defined
have the meanings set forth in Appendix I or the Operating Agreement. 
 1.2 References and Rules of Construction.
All references in this Agreement to Appendices, Articles, Sections, subsections and other subdivisions refer to the corresponding Appendices, Articles, Sections, subsections and other subdivisions of or to this Agreement unless expressly provided
otherwise. Titles appearing at the beginning of any Appendix, Article, Section, subsection and other subdivision of this Agreement are for convenience only, do not constitute any part of this Agreement, and shall be disregarded in construing the
language hereof. 

  
 1 

 
The words “this Agreement,” “herein,” “hereby,” “hereunder” and “hereof,” and words of similar import, refer to this Agreement as a whole and not
to any particular Appendix, Article, Section, subsection or other subdivision unless expressly so limited. The word “including” (in its various forms) means “including without limitation.” All references to “$” or
“dollars” shall be deemed references to United States dollars. Each accounting term not defined herein will have the meaning given to it under GAAP. Pronouns in masculine, feminine or neuter genders shall be construed to state and include
any other gender, and words, terms and titles (including terms defined herein) in the singular form shall be construed to include the plural and vice versa, unless the context otherwise requires. References to any Law means such Law as it may be
amended from time to time. If a date specified herein for providing any notice or taking any action is not a Business Day, then the date for giving such notice or taking such action shall be the next day which is a Business Day. 

ARTICLE II 
 POWER AND
AUTHORITY; OPERATIONAL SERVICES 
 2.1 CPCC Power and Authority; Operational Services. Subject to the limitations set
forth in this Agreement, including Section 2.2, CTH hereby delegates to CPCC the responsibility for, and CPCC is hereby delegated all necessary power and authority to act on behalf of CTH with respect to, performing the Operational
Services. 
 2.2 Limitations on Authority. 

(a) The Parties acknowledge and agree that CTH has (i) the ultimate control of the scope of the Operational Services to be provided by
CPCC hereunder and (ii) the right to monitor, consult with and give operational instructions and guidance to CPCC with respect to the Operational Services. CPCC shall not unreasonably refuse operational instructions or guidance from CTH with
respect to the Operational Services; provided, however, CPCC shall have the sole right to direct, and complete control over, the means and manner in which the Employees perform the Operational Services. 

(b) Notwithstanding anything to the contrary in this Agreement, all decisions regarding the hiring and/or firing of Employees provided by CPCC
shall be made by CPCC. CTH shall have the right to approve all Employees provided by CPCC under Section 2.6 to perform the Operational Services, which approval may be revoked or terminated for any reason at any time. Upon a revocation or
termination of CTH’s approval of any Employee (such Employee, an “Excused Employee”): 
 (i)
CPCC will be solely liable for any costs or expenses (if any) associated with the revocation or termination of CTH’s approval, except as otherwise specifically set forth in this Agreement; provided, however, CTH shall be responsible for
reimbursing CPCC for any and all severance costs or other expenses (which, for the avoidance of doubt, shall constitute Personnel Costs hereunder) associated with a termination of an Excused Employee’s employment by CPCC, if such termination of
employment by CPCC is (A) substantially related to CTH’s revocation or termination of CTH’s approval of such Excused Employee and (B) occurs within 30 days after the date of such revocation or termination; and 

  
 2 

 (ii) such Excused Employees will cease performing any of the Operational
Services. 
 (c) If CPCC does not have an employee capable of providing the Operational Services previously provided by an Excused Employee
and cannot reasonably obtain a contractor to provide the Operational Services previously provided by such Excused Employee, then CPCC may terminate this Agreement with respect to the Operational Services previously provided by such Excused Employee.

 (d) CPCC shall perform the Operational Services in material compliance with the then current Annual Budget, Annual Development Plan and
Ten Year Mine Plan. 
 (e) Without the prior written approval of CTH, CPCC shall not cause or direct CTH to enter into, and CPCC shall not
enter into, any of the following types of contracts with respect to CTH, the Assets or the Operational Services, unless such contract is provided for in the then applicable Annual Budget: 

(i) any contract that can reasonably be expected to result in payments by CTH or CPCC of more than $5,000,000 in the aggregate
over the term of such contract; 
 (ii) any contract that has a term of more than three years, unless terminable by CTH or
CPCC without penalty on 30 days’ notice or less; 
 (iii) any indenture, mortgage, guaranty, loan, credit or
sale-leaseback or similar financial contract or any contract which creates any liens for borrowed money; 
 (iv) any contract
that constitutes a partnership agreement, joint venture agreement or similar contract; or 
 (v) any contract with any
Affiliate of CPCC, unless (A) such contract can reasonably be expected to result in payments by CTH or CPCC of less than $1,000,000 in the aggregate over the term of such contract or (B) (1) such contract can reasonably be expected to
result in payments by CTH or CPCC of less than $2,000,000 but more than $1,000,000 in the aggregate over the term of such contract, (2) CPCC has obtained proposals for the services to be provided pursuant to such contract from at least two
non-Affiliate service providers and (3) the terms of such affiliated contract in the aggregate is equal to or better than such third party proposals. 

2.3 Emergency. In the event of an Emergency, CPCC shall promptly: 

(a) make all notifications required under applicable Law, including to appropriate Governmental Authorities; 

(b) implement Emergency response and mitigation measures as deemed advisable by CPCC for a prudent service provider to respond to or mitigate
the Emergency, including to protect human health and the environment; 

  
 3 

 (c) commence any required remediation, maintenance or repair work necessary to keep the Assets
operating safely (or to restore such Assets to safe operating condition) and in accordance with all applicable Laws or otherwise to minimize damage as deemed advisable by CPCC for a prudent service provider to respond to or mitigate the Emergency;
and 
 (d) notify, as soon as practicable after the occurrence of the event, CTH of such Emergency, all mitigation, repair, restoration or
remediation plans, all material correspondence with Governmental Authorities and any Permits or approvals required in connection with CPCC’s Emergency response, repair, remediation or restoration activities. 

CPCC’s notification of CTH may be made by any method deemed appropriate by CPCC under the circumstances and does not have to comply with
Section 7.2. CPCC will submit invoices to CTH for the work done and expenses incurred by CPCC during any Emergency within 30 days after CPCC incurs such expenses, and, unless such costs are netted against CTH’s revenues collected by
CPCC, CTH shall pay CPCC within 15 Business Days of receipt of such invoices. 
 2.4 Contracts. 

(a) Subject to Section 2.2(d), CPCC may cause or direct CTH to enter into, and may directly enter into, contracts with Third
Parties and Affiliates of CPCC (and make any modifications, amendments or extensions thereto) as may be necessary for CPCC to perform the Operational Services and fulfill its obligations under this Agreement. 

(b) CTH agrees to execute and deliver (or to cause to be executed and delivered) each of those contracts to which CPCC (i) is authorized
to cause CTH to enter into in accordance with this Agreement and (ii) directs CTH to execute and deliver in accordance with this Agreement. 

(c) CTH shall provide CPCC with a copy of all authorizations, contracts or agreements secured or executed in association with the Assets that
are necessary for CPCC’s performance of the Operational Services under this Agreement as soon as practical following the securing or execution of such authorization, contract or agreement. 

2.5 Ownership of Property. The Parties agree and acknowledge that CPCC shall have no direct ownership interest in the Assets
(nor in any of the equipment, materials or other property related thereto and purchased by CTH either directly or on behalf of CTH by CPCC), and that neither CPCC nor any Affiliate of CPCC (other than an Owning Party) shall be deemed to have any
direct or indirect ownership interest in the Assets (or in any equipment, materials and other property related thereto and purchased by CTH either directly or on behalf of CTH by CPCC) as a result of the terms of this Agreement. 

2.6 CPCC’s Permitted Delegation of Authority; Employee Matters. 

(a) CPCC shall be permitted to delegate authority to officers and employees of CPCC (or its Affiliates) in order to perform the Operational
Services; provided, however, CPCC may not delegate any authority, power or right that could not be exercised directly by CPCC under this Agreement. 

  
 4 

 (b) Notwithstanding anything herein to the contrary, but subject to the calculation of Personnel
Costs pursuant to Section 3.1, with respect to such employees of CPCC’s Affiliates, CTH and CPCC acknowledge that employees of Affiliates of CPCC may assist CPCC in providing the Operational Services hereunder without further
consent from CTH. 
 (c) Subject to Section 2.2, CPCC shall provide, and have the sole right to direct and supervise, the
personnel, which may include (i) full-time employees of CPCC, or Affiliates of CPCC, (ii) any other employees of CPCC or Affiliates of CPCC, and/or (iii) Third Party contractors hired by CPCC (collectively, the
“Employees”) necessary to perform the Operational Services. 
 (d) CPCC shall perform the Operational Services as an
“independent contractor” of CTH and nothing in this Agreement is intended, and nothing shall be construed, to create an agency, employer/employee, partnership, joint venture, association or other similar relationship between CPCC and CTH
or any of their respective Affiliates. CPCC shall have the sole right to direct, and complete control over, the means and manner in which the Employees perform the Operational Services. 

2.7 Other Business Pursuits; No Fiduciary Duties. 

(a) Neither CPCC nor any of its Affiliates shall be required to perform the Operational Services as such Person’s sole and exclusive
occupation, and CPCC and its Affiliates may have other occupations and activities in addition to those relating to this Agreement. For the avoidance of doubt, CTH acknowledges and agrees that CPCC and its Affiliates currently operate, and shall have
the right to operate during the Term, other assets and conduct other businesses in addition to performing the Services. 
 (b) Subject to
the obligations established in Section 2.2, none of the Parties, their Affiliates or their respective employees or officers shall have any special, fiduciary or quasi-fiduciary duties among any of them as a result of this Agreement and
this Agreement shall not be construed to suggest otherwise. 
 2.8 Certain Conditions of Service. 

(a) CPCC shall not be obligated to acquire new, additional or different Employees, equipment or resources or to acquire or establish any
separate hardware or software platforms in order to provide any Operational Services. 
 (b) CPCC’s obligation to provide the
Operational Services shall be conditioned upon and subject to any legal obligations, prohibitions or restrictions applicable to it, and this Agreement shall not obligate CPCC to violate, modify or eliminate any such obligation, prohibition or
restriction. 
 (c) Notwithstanding anything to the contrary, all matters pertaining to the employment, compensation, promotion and
discharge of any personnel of CPCC or its Affiliates are the responsibility of CPCC and its Affiliates. All such employment arrangements are solely CPCC’s and its Affiliates’ obligations (including the payment of salaries and employee
benefits with respect to such personnel), and, except for reimbursement of the Personnel Costs as provided in this Agreement, CTH shall have no responsibility or liability with respect thereto. 

  
 5 

 2.9 Annual Budget. 

(a) In connection with the execution of this Agreement, CTH has provided CPCC with the Annual Budget applicable to the remainder of calendar
year 2015. Other than with respect to calendar year 2015, on or before October 1 of the calendar year immediately preceding the relevant calendar year, CPCC, at CTH’s direction, shall prepare and submit to CTH a proposed annual budget for
such relevant calendar year for the Assets that takes into consideration and provides for, at a minimum, the following anticipated costs, expenses, operations and sales: 
  

	 	(i)	operating expenses; 

  

	 	(ii)	maintenance capital expenditures; 

  

	 	(iii)	expansion capital expenditures; 

  

	 	(iv)	miscellaneous expenses, including anticipated Reimbursable Costs and anticipated costs under each of the Water Supply and Services Agreement, the Terminal and Throughput Agreement and the Contract Agency Agreement;

  

	 	(v)	production and sales plan; 

  

	 	(vi)	cash flow analysis and information; and 

  

	 	(vii)	any other information reasonably determined by CTH to be relevant. 

 (b) Following CPCC’s
submission of its proposed annual budget, CPCC shall cooperate and consult with CTH in preparing a final annual budget for CTH’s submission to the Operating Committee, including making any revisions and providing any additional information as
requested by CTH regarding the annual budget proposed by CPCC. 
 (c) CTH will provide CPCC with the Annual Budget applicable to each
calendar year starting with calendar year 2016 promptly after such Annual Budget is approved by the Operating Committee. CPCC shall be responsible for providing the Operational Services with respect to the Assets that are contemplated by, and in
accordance with, the then applicable Annual Budget. 
 (d) Notwithstanding anything to the contrary, during each calendar year, CPCC shall
have the right and authority (i) to make expenditures of up to 110% of the Annual Budget for such calendar year, as such Annual Budget may be revised by CTH from time to time and (ii) to make expenditures of such amounts as CPCC reasonably
determines are required in the event of an Emergency. If during any calendar year CPCC’s expenditures exceed, or CPCC anticipates that it will exceed, 110% of the Annual Budget, CPCC shall notify CTH of the excess (or anticipated excess)
expenditures, and such notice shall include reasonable detail of the reasons for such excess expenditures and a proposal by CPCC for an amendment of the Annual Budget to reflect CPCC’s revised estimate of expenditures for such calendar year.

  
 6 

 (e) If requested by CTH, CPCC shall prepare and deliver to CTH, on or before the 10th Business Day of the calendar month preceding the relevant calendar month, a reasonably detailed notice of the estimated amount of all out-of-pocket expenditures that CPCC projects to be incurred in
the performance of the Operational Services during the following calendar month plus a reasonable contingency amount. 
 2.10 Ten Year
Mine Plan; Annual Development Plan. 
 (a) In connection with the execution of this Agreement, CTH has provided CPCC with the Ten
Year Mine Plan applicable to the ten-year period following the Execution Date and the Annual Development Plan applicable to calendar year 2015. 

(b) Other than with respect to calendar year 2015, on or before November 1 of each calendar year, CPCC shall prepare and submit to CTH:

 (i) a proposed update to the Ten Year Mine Plan to extend such plan for an additional calendar year and to include any
proposed changes to the following mining operations to be conducted with regard to the Assets in the applicable ten-year period, including (if applicable); and 

(ii) a proposed annual development plan setting forth the anticipated mining and development activities with regard to the
Assets for the immediately following calendar year. 
 (c) Following CPCC’s submission of its proposed update to the Ten Year Mine Plan
and proposed annual development plan, CPCC shall cooperate and consult with CTH in preparing a final update to the Ten Year Mine Plan and annual development plan for CTH’s submission to the Operating Committee, including making any revisions
and providing any additional information as requested by CTH regarding the update to the Ten Year Mine Plan and annual development plan proposed by CPCC. 

(d) CTH will provide CPCC with the updated Ten Year Mine Plan and the Annual Development Plan applicable to each calendar year starting with
calendar year 2016, in each case, promptly after such updated Ten Year Mine Plan and Annual Development Plan are approved by the Operating Committee. CPCC shall be responsible for providing the Operational Services with respect to the Assets that
are contemplated by, and in accordance with, the then applicable Ten Year Mine Plan and Annual Development Plan. 
 (e) At CTH’s
reasonable request, CPCC shall periodically provide CTH with additional mine forecasting information related to the Assets, including proposed changes or amendments to the then current Ten Year Mine Plan and Annual Development Plan. 

  
 7 

 2.11 Insurance. 

(a) CPCC shall procure and maintain, or cause to be procured and maintained, for the benefit of CPCC the kinds of insurance and the amounts of
coverage that are required by applicable Laws or that would otherwise be required by a reasonable, prudent service provider in connection the provision of the Operational Services. CPCC shall use its commercially reasonable efforts to name CTH and
its Affiliates as a named insured on the insurance it carries pursuant to this Section 2.11, except worker’s compensation, and obtain waivers of subrogation in favor of CTH with respect to such insurance. Notwithstanding the
preceding, CPCC may procure such additional insurance in the types and amounts that it may desire in its sole discretion. 
 (b) Until such
time as CTH elects to maintain its own insurance with regard to the ownership and operation of the Assets, CPCC shall procure and maintain, or cause to be procured and maintained, for the benefit of CTH the kinds of insurance and the amounts of
coverage that is required by applicable Laws or that CPCC reasonably determines necessary in connection with the ownership and operation of the Assets. 

(c) CPCC shall (i) require subcontractors performing any of the Operational Services to obtain and maintain any and all insurance that is
required by applicable Laws or that would otherwise be required by a reasonable, prudent service provider and (ii) use its commercially reasonable efforts to cause subcontractors performing work with respect to the Operational Services to name
CPCC and CTH as additional insureds on such subcontractors’ insurance policies (with waivers of subrogation in favor of the CPCC and CTH). 

2.12 Records. CPCC shall maintain (a) the Reports, (b) copies of all regulatory filings and any material
correspondence with Governmental Authorities, (c) records relating to any material claims and (d) any other information generated by, or in custody of, CPCC relating to the Operational Services and the Assets (collectively, the
“Operating Records”). 
 2.13 Operational Services Standard. CPCC shall conduct the Operational
Services, with respect to the Assets, consistently with past practices with respect to operation of the Pennsylvania Mine Complex Assets and in a manner that is not grossly negligent and does not constitute willful misconduct (the
“Services Standard”). 
 ARTICLE III 

PAYMENTS 
 3.1
Payments. For each calendar month during the Term, CTH shall reimburse CPCC for the Reimbursable Costs incurred by CPCC and/or its Affiliates during such calendar month, in each case, in performing the Operational Services for CTH during
such calendar month to the extent such costs and expenses have not been previously paid by CTH or otherwise reimbursed to CPCC by CTH. 

3.2 Payment Terms; Disputed Charges. 

(a) No later than 30 days after the end of each calendar month, CPCC shall deliver to CTH during such calendar month an invoice for
(i) the Personnel Costs incurred by CPCC 

  
 8 

 
during such preceding calendar month with respect to Operational Services provided by CPCC, (ii) the Third Party Costs incurred by CPCC during such preceding calendar month with respect to
Operational Services provided by CPCC and (iii) the Agreed Rental Fees for any CPCC Assets utilized by CPCC in performing the Operational Services during such preceding calendar month. 

(b) CPCC shall provide to CTH such documentation as CTH may reasonably request to support each such invoice. 

(c) CTH shall pay CPCC (i) for all Personnel Costs set forth on an invoice immediately upon receipt of such invoice and (ii) for all
Third Party Costs and Agreed Rental Fees set forth on an invoice within 30 days of receipt of such invoice. All payments shall be made by wire transfer of immediately available funds, to the account (or accounts) designated by the Person entitled to
receipt of such payment, from time to time, no later than 1:00 p.m. (Pittsburgh, Pennsylvania time) on the due date. 
 (d) In addition to
CTH’s right under Section 3.6, if CTH disputes in good faith all or any portion of an invoice delivered by CPCC pursuant to this Agreement, CTH may deliver written notice of such dispute to CPCC within 40 days of receipt of such
invoice, setting forth in reasonable detail the reasons for such dispute. Notwithstanding the delivery of any such written notice of dispute, CTH shall pay to CPCC the full amount of such invoice (including any disputed portions of such invoice) in
accordance with the terms of this Agreement. If it is determined by the Parties or otherwise that any amount paid by CTH to CPCC was improperly paid, then subject to Section 3.2(e), CPCC shall promptly reimburse CTH the amount of such
improper payment. 
 (e) If (i) CTH fails to pay any amount when due or (ii) (A) CTH disputes an invoice hereunder,
(B) pays the full amount of such invoice and (C) it is determined by the Parties or otherwise that CPCC must reimburse CTH any portion of the amount of such invoice, then such amount shall bear interest from the due date (or the date the
disputed amount was paid by CTH in case of a reimbursement owed by CPCC to CTH) to the date such amount is paid by CTH (or CPCC, if applicable) at the Agreed Rate.  

3.3 Revenues. In the event CPCC receives any revenues related to the Assets belonging to CTH or the other Owning Parties, CPCC
shall hold such amount in trust for the applicable Owning Party and shall promptly deposit or transfer such revenues to the Operating Account or such other account as designated in writing by CTH from time to time. 

3.4 Taxes. In addition to other amounts owed pursuant to this Agreement, CTH shall be responsible for, and shall pay, all taxes
applicable to (a) the provision of the Operational Services by CPCC (whether or not such taxes increase or decrease in the future) and (b) the ownership, operation, maintenance or control of the assets of CTH. CPCC may, from time to time,
invoice CTH for the amount of such taxes which CPCC pays in connection with the performance of the Operational Services in accordance with the terms of this Agreement, or is otherwise required by applicable Law to pay directly to the relevant taxing
authority in connection with this Agreement, and any such invoice shall be due and payable to CPCC no later than 10 Business Days after receipt thereof by CTH. Notwithstanding anything to the contrary

  
 9 

 
contained herein, each Party shall be responsible for (i) income taxes resulting from amounts paid or payable to it under this Agreement and (ii) except for reimbursement of the
Personnel Costs as provided in this Agreement, employment taxes and social security payments relating to its own employees. For the avoidance of doubt, the providers of the Operational Services shall be treated as employees of, or independent
contractors to, CPCC, and not CTH, for tax purposes. 
 3.5 Maintenance of Books & Records. 

(a) CPCC shall maintain, separately and in accordance with CPCC’s customary recordkeeping procedure, GAAP and applicable Law, accurate
books, records and accounts (i) of all expenses, costs and liabilities accrued or incurred by it in performing the Operational Services, including payroll information, and (ii) on CTH’s behalf, of (A) all expenses, costs and
liabilities accrued or incurred by CTH in connection with this Agreement and under CTH’s or the other Owning Party’s contractual commitments with respect to the Assets and (B) all revenues accrued, invoiced and received by CPCC on
behalf of CTH or the other Owning Parties (the “Accounting Records”). 
 (b) CPCC agrees to retain all Records
pertaining to the Operational Services for a period of not less than three calendar years following the end of the calendar year in which the relevant Operational Services were performed or any longer period if required by Law. 

(c) CPCC shall give CTH access to the Records (including the right to copy, at CTH’s expense), during normal business hours and upon
reasonable prior written notice to CPCC. 
 3.6 Audit. CTH, upon reasonable written notice to CPCC, shall have the right to
audit CPCC’s accounts and Records relating to the Operational Services for any calendar year within the 24-month period following the end of such calendar year. CPCC shall not bear any portion of CTH’s audit cost incurred under this
Section 3.6. The audits shall not be conducted more frequently than bi-annually without the prior approval of CPCC, except upon the resignation or removal of CPCC. Upon the completion of any such audit the results of which evidence an
overcharging by CPCC for Operational Services rendered, CTH may notify CPCC of such overcharge and request reimbursement thereof, and such notice shall include CTH’s calculations and reasonable data supporting such reimbursement request. Within
30 days after receipt of CTH’s reimbursement request, CPCC shall notify CTH if CPCC disputes the results of the audit. CPCC’s failure to notify CTH of such dispute within such time period shall be deemed to be agreement with the audit
results and the reimbursement request. If CPCC timely notifies CTH that it disputes the audit results, then each of CPCC and CTH shall designate a representative, and, not later than 10 Business Days from such selection, such representatives shall
meet in an effort to resolve such disputed audit results. Such representatives shall attempt to agree on a resolution of such dispute within 10 Business Days from meeting. This Section 3.6 shall survive the expiration or termination
of this Agreement for a period of 24 months. 
 3.7 Payments Under Omnibus Agreement. The Parties acknowledge and agree
that this Agreement, including the terms under this Article III, are subject to the terms of the Omnibus Agreement, and that any payments to be made under this Agreement may be netted against other amounts payable to a Party as more
particularly set forth in the Omnibus Agreement. 

  
 10 

 ARTICLE IV 

TERM; TERMINATION 

4.1 Term. This Agreement will commence on the Execution Date and will remain in full force and effect for an initial term of 20
years (the “Initial Term”) and will continue in full force and effect thereafter unless terminated by either Party at the end of the Initial Term or any time thereafter by giving not less than 180 days’ prior written
notice, subject in each case to earlier termination in accordance with Section 4.2 or Section 4.3 (such period of time, the “Term”). 

4.2 CPCC Termination. CPCC may terminate this Agreement upon written notice to CTH: 

(a) at any time; provided, that CPCC’s resignation and the Termination Execution Date with respect to any termination pursuant to
this Section 4.2 shall not take effect until the later of (i) the date specified in such notice and (ii) 180 days after the date of receipt by CTH of such notice; or 

(b) the Bankruptcy of CTH. 

4.3 CTH Termination. CTH may terminate this Agreement upon written notice to CPCC following the occurrence of any one or more of
the following: 
 (a) the Bankruptcy of CPCC; or 

(b) an action constituting willful misconduct or gross negligence on the part of CPCC in connection with the performance of the Operational
Services. 
 4.4 Effect of Termination. The terms of this Article IV, Article V, Article VII and
Article VIII shall survive any termination of this Agreement. The termination of this Agreement shall not relieve either Party of any liability or obligation accruing or that had accrued prior to the Termination Execution Date nor deprive a
Party not in breach (other than a breach because such Party is rightfully withholding performance in response to a breach by the other Party) of its rights to any remedy otherwise available to such Party. For the avoidance of doubt, following the
Termination Execution Date, CTH shall remain responsible for and shall reimburse CPCC, in accordance with the provisions of Section 3.2, for the Employee Benefits Costs to the extent such costs are attributable to periods prior to the
Termination Execution Date. Upon the Termination Execution Date, CPCC shall (a) assign to CTH (or if directed by CTH, an Affiliate of CTH) any contracts and agreements entered into by CPCC in connection with its performance of the Operational
Services on behalf of CTH pursuant to the terms of this Agreement (and CTH (or the applicable Affiliate of CTH) shall assume all obligations and liabilities under such contracts and agreements by executing such assumption or novation agreements as
reasonably requested by CPCC or any Party thereto) and (b) promptly deliver to CTH all documents, files, and books and records received from CTH or generated by CPCC with respect to the Assets and the Operational Services, including the
Records. 

  
 11 

 4.5 Transition Period. Upon termination of this Agreement, CPCC shall as promptly
as practicable, but in any event within 60 days following such termination deliver to CTH the Records, in such format, including electronic format, as the Records are maintained by CPCC. Upon such termination, CTH shall use its commercially
reasonable efforts to designate another Person or Persons to provide the Operational Services, and, if requested by CTH in writing prior to the Termination Execution Date, for a period of 180 days after the Termination Execution Date, (i) CPCC
shall, subject to Article VI, continue to provide the Operational Services in accordance with the terms of this Agreement and cooperate to ensure the orderly and expeditious transition of the provision of the Operational Services to the
Person or Persons designated by CTH, including training of a new contract operator with respect to the Operational Services (if requested by CTH) and transferring permits and licenses and migrating computer or other systems to a new contract
operator, as applicable, and (ii) CTH shall pay and reimburse CPCC for any costs incurred by CPCC in accordance with this Agreement. The provisions of this Section 4.5 shall survive the termination of this Agreement. 

ARTICLE V 
 LIMITS OF
RESPONSIBILITY; INDEMNIFICATION 
 5.1 Release. Except as set forth in Section 5.2, each Party hereby
releases, discharges and forever waives any claims against the other Party with respect to any breach of this Agreement. 
 5.2
Omnibus Agreement Indemnities. The Parties hereby acknowledge and agree that except for the rights of the Parties to terminate this Agreement pursuant to Article IV, the indemnities set forth under the Omnibus Agreement shall be the
Parties’ exclusive remedies with respect to any breach of this Agreement. For the avoidance of doubt, except as set forth in the Omnibus Agreement, in no event shall CPCC have any liability under this Agreement or applicable Law with respect to
the provision of the Operational Services under this Agreement for any claim, damage, loss or liability sustained or incurred in connection with its operations with respect to the Assets or the provision of the Operational Services or any breach of
any provision of this Agreement. 
 5.3 Disclaimer. NOTWITHSTANDING ANY OTHER TERM OF THIS AGREEMENT TO THE CONTRARY, CPCC
MAKES NO, AND DISCLAIMS ANY, REPRESENTATIONS AND WARRANTIES, EXPRESS, IMPLIED OR STATUTORY WITH RESPECT TO THE PERFORMANCE OR RESULTS OF THE OPERATIONAL SERVICES OR ANY DATA OR INFORMATION PROVIDED BY CPCC HEREUNDER. CPCC DOES NOT MAKE ANY EXPRESS
OR IMPLIED WARRANTIES WITH RESPECT TO THE OPERATIONAL SERVICES, INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 

5.4 Conspicuous. THE PARTIES AGREE THAT, TO THE EXTENT REQUIRED BY APPLICABLE LAW TO BE EFFECTIVE OR ENFORCEABLE, THE PROVISIONS
IN THIS AGREEMENT IN ALL-CAPS FONT ARE “CONSPICUOUS” FOR THE PURPOSE OF ANY APPLICABLE LAW. 

  
 12 

 ARTICLE VI 

FORCE MAJEURE 
 6.1
Force Majeure. If any Party is rendered unable, wholly or in part, by Force Majeure to carry out its obligations under this Agreement, other than the obligation to make money payments, that Party shall give to the other Party prompt written
notice of the Force Majeure with reasonably full particulars concerning it; thereupon, the obligations of the Party giving notice, so far as they are affected by the Force Majeure, shall be suspended during, but no longer than, the continuance of
the Force Majeure. The affected Party shall use all reasonable efforts to remove, mitigate and/or remedy the Force Majeure situation as quickly as practicable. The requirement that any Force Majeure shall be remedied with all reasonable dispatch
shall not require the settlement of strikes, lockouts or other labor difficulty by the Party involved, contrary to its wishes; the method by which all such difficulties shall be handled shall be entirely within the discretion of the affected Party;
provided, however, the foregoing shall not relieve such Party of its obligations to take other measures to remove, mitigate and/or remedy any delay or suspension resulting from such labor difficulties. 

ARTICLE VII 

MISCELLANEOUS 
 7.1
Assignment. No Party may assign this Agreement without prior written consent of the other Party; provided that CPCC may, upon notice to CTH, assign this Agreement or any of its rights hereunder to any of its Affiliates without the
prior written consent of CTH; provided, further, that any Partnership Group Member may freely pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of the Partnership Group, including any
pledge or assignment to secure obligations pursuant to one or more credit agreements, security agreements, and other security instruments with the administrative agent, collateral agent or other agent party thereto for the benefit of the lenders of
the Partnership Group; provided, further, that no such pledge or assignment shall release such Partnership Group Member from any of its obligations hereunder or substitute any such pledgee or assignee for such Partnership Group Member as a party
hereto. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the Parties and their respective permitted successors and assigns. 

7.2 Notices. All notices and communications required or permitted to be given under this Agreement shall be sufficient in all
respects if given in writing and delivered personally, or sent by bonded overnight courier, or mailed by U.S. Express Mail or by certified or registered U.S. Mail with all postage fully prepaid or by electronic mail with a PDF of the notice or other
communication attached (provided that any such electronic mail is confirmed either by written confirmation or U.S. Express Mail), in each case, addressed to the appropriate Person at the address for such Person as follows: 

If to the CTH: 
 CNX Thermal
Holdings LLC 
 1000 CONSOL Energy Drive 

Canonsburg PA, 15317 
 Attn:
Chief Financial Officer 
 Email: loriritter@consolenergy.com 

  
 13 

 With a copy to: 

Attn: General Counsel 
 Email:
marthawiegand@consolenergy.com 
 If to CPCC: 

Consol Pennsylvania Coal Company LLC 

1000 CONSOL Energy Drive 

Canonsburg PA, 15317 

Attention: Vice President and Comptroller 

Email: davidkhani@consolenergy.com 

With a copy to: 
 Attention:
Vice President and Secretary 
 Email: stevejohnson@consolenergy.com 

Any notice given in accordance herewith shall be deemed to have been given when (a) delivered to the addressee in person or by courier,
(b) transmitted by electronic communications during normal business hours, or if transmitted after normal business hours, on the next Business Day, or (c) upon actual receipt by the addressee after such notice has either been delivered to
an overnight courier or deposited in the U.S. Mail if received during normal business hours, or if not received during normal business hours, then on the next Business Day, as the case may be. Any Party may change their contact information for
notice by giving notice to the other Parties in the manner provided in this Section 7.2. 
 7.3 Further
Assurances. In connection with this Agreement and the transactions contemplated hereby, each Party shall execute and deliver, or cause to be executed and delivered, any additional documents and instruments and perform any additional acts
that may be reasonably necessary or appropriate to effectuate and perform the provisions of this Agreement and the transactions contemplated herein. 

7.4 Expenses. Except as otherwise specifically provided, all fees, costs and expenses incurred by the Parties in negotiating
this Agreement shall be paid by the Party incurring the same, including legal and accounting fees, costs and expenses. 
 7.5 Waiver;
Rights Cumulative. Any of the terms, covenants, or conditions hereof may be waived only by a written instrument executed by or on behalf of the Party waiving compliance. No course of dealing on the part of any Party, or their respective
officers, employees, agents or representatives, nor any failure by a Party to exercise any of its rights under this Agreement shall operate as a waiver thereof or affect in any way the right of such Party at a later time to enforce the performance
of such provision. No waiver by any Party of any condition, or any breach of any term or covenant contained in this Agreement, in any one or 

  
 14 

 
more instances, shall be deemed to be or construed as a further or continuing waiver of any such condition or breach or a waiver of any other condition or of any breach of any other term or
covenant. The rights of the Parties under this Agreement shall be cumulative, and the exercise or partial exercise of any such right shall not preclude the exercise of any other right. 

7.6 Entire Agreement; Conflicts. This Agreement, the other Pennsylvania Mine Complex Agreements and the documents to be executed
hereunder and thereunder, constitute the entire agreement of the Parties and their Affiliates relating to the transactions contemplated hereby and supersede all provisions and concepts contained in all prior letters of intent, memoranda, agreements
or communications between the Parties or their Affiliates relating to the transactions contemplated hereby. In the event of a conflict between (a) the terms and provisions of this Agreement and the terms and provisions of any Appendix hereto or
(b) subject to the following sentence, the terms and provisions of this Agreement and the terms and provisions of any Pennsylvania Mine Complex Agreement, in each case, the terms and provisions of this Agreement shall govern and control;
provided, however, that the inclusion of any terms and conditions in the Appendix hereto or the Pennsylvania Mine Complex Agreements which are not addressed in this Agreement shall not be deemed a conflict. To the extent there is any conflict
between the terms and conditions of the Omnibus Agreement or the Contribution Agreement and the terms and conditions of this Agreement, the Omnibus Agreement or Contribution Agreement, as applicable, shall control. 

7.7 Amendment. This Agreement may be amended only by an instrument in writing executed by the Parties and expressly identified
as an amendment or modification. 
 7.8 Governing Law; Jurisdiction. This Agreement shall be subject to and governed by the
laws of the State of Texas, excluding any conflicts-of-law rule or principle that might refer the construction or interpretation of this Agreement to the laws of another state. The Parties hereby acknowledge and agree that Section 6.2(b) of the
Omnibus Agreement shall apply to this Agreement mutatis mutandis. 
 7.9 Parties in Interest. Except as expressly set
forth in this Agreement, nothing in this Agreement shall entitle any Person other than the Parties to any claim, cause of action, remedy or right of any kind. 

7.10 Preparation of Agreement. All of the Parties and their respective counsels participated in the preparation of this
Agreement. In the event of any ambiguity in this Agreement, it is the intent of the Parties that no presumption shall arise based on the identity of the draftsman of this Agreement. 

7.11 Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any
rule of Law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any adverse
manner to any Party. Upon such determination that any term or other provision is invalid, illegal, or incapable of being enforced, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties
as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the extent possible. 

  
 15 

 7.12 Counterparts. This Agreement may be executed in any number of counterparts,
and each such counterpart hereof shall be deemed to be an original instrument, but all of such counterparts shall constitute for all purposes one agreement. Any signature hereto delivered by a Party by electronic mail shall be deemed an original
signature hereto. 
 7.13 Allocation of Resources. Notwithstanding anything else herein to the contrary, in performing its
obligations hereunder, each Party shall accord the other Party (and shall cause its Affiliates and shall use its good faith and commercially reasonable efforts to cause any of its Third Party subcontractors to accord to the other Party) no less than
the same priority and treatment under comparable circumstances as it would provide to itself or any of its Affiliates’ business units or assets, and shall allocate to the other Party (and shall cause its Affiliates and shall use its
good faith and commercially reasonable efforts to cause any of its Third Party subcontractors to allocate to the other Party) any delay or suspension of performance in a manner no less favorable than the manner by which it allocates such delay
or suspension of performance to itself or any of its Affiliates’ business units or assets. 
 [Signature Page Follows] 

  
 16 

 IN WITNESS WHEREOF, this Agreement has been signed by each of the Parties on the Execution
Date. 
  

			
	CPCC:
	
	CONSOL PENNSYLVANIA COAL COMPANY LLC
		
	By:		 /s/ Stephen W. Johnson

	Name:		Stephen W. Johnson
	Title:		Vice President and Secretary
	
	CTH:
	
	CNX THERMAL HOLDINGS LLC
		
	By:		 /s/ Martha A. Wiegand

	Name:		Martha A. Wiegand
	Title:		General Counsel and Secretary

 [Signature Page to Employee Services Agreement] 

 APPENDIX I  

Definitions 

“Accounting Records” has the meaning set forth in Section 3.5(a). 

“Agreed Rental Fee” means the fee as determined by CPCC for the use of the CPCC Assets by CPCC in performing the
Operational Services, provided that such fee in no event will exceed the market rate for such type of asset in the area in which such CPCC Assets are located. 

“Affiliate” means, with respect to any Person, any Person that directly or indirectly Controls, is Controlled by or is
Under Common Control With such Person; provided, however, that for purposes of this Agreement, General Partner, the Partnership and any subsidiaries of the Partnership, including CTH, shall be deemed not to be “Affiliates” of
CPCC. 
 “Agreed Rate” means, on the applicable date of determination, the LIBOR Rate plus an additional two
percentage points (or, if such rate is contrary to any applicable Law, the maximum rate permitted by such applicable Law). 

“Agreement” has the meaning set forth in the Preamble. 

“Annual Budget” means an annual budget that has been approved by the Owning Parties pursuant to the Operating
Agreement. 
 “Annual Development Plan” means an annual development plan that has been approved by the Owning
Parties pursuant to the Operating Agreement. 
 “Assets” has the meaning set forth in the Operating Agreement. 

“Bankruptcy” means, with respect to any Person: (a) the filing by such Person of a voluntary petition seeking
liquidation, reorganization, arrangement or readjustment, in any form, of its debts under the U.S. Bankruptcy Code (or corresponding provisions of future Laws) or any other insolvency Law, or a Person’s filing an answer consenting to or
acquiescing in any such petition; (b) the making by such Person of any assignment for the benefit of its creditors or the admission by a Person of its inability to pay its debts as they mature; or (c) the expiration of 60 days after the
filing or an involuntary petition under the U.S. Bankruptcy Code (or corresponding provisions of future Laws) seeking an application for the appointment of a receiver for the assets of such Person, or an involuntary petition seeking liquidation,
reorganization, arrangement or readjustment of its debts under any other insolvency Law, unless the same shall have been vacated, set aside or stayed within such 60 day period. 

“Business Day” means a day (other than a Saturday or Sunday) on which commercial banks in the State of Pennsylvania
are generally open for business. 
 “Conrhein” has the meaning set forth in the Recitals. 

“Contract Agency Agreement” has the meaning set forth in the Operating Agreement. 

  
 APPENDIX I

 PAGE 1 

 “Control” (including the terms “Controlled” and
“Under Common Control With”) means with respect to any Person, the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of
voting shares, by contract, or otherwise. 
 “CPCC” has the meaning set forth in the Preamble. 

“CPCC Assets” means any equipment, vehicles, facilities or other assets owned or leased by CPCC. 

“Emergency” means any sudden or unexpected event which causes, or risks causing, (a) substantial damage to any of
the Assets or the property of a Third Party, (b) death of or injury to any Person, (c) damage or substantial risk of damage to natural resources (including wildlife) or the environment, (d) safety concerns associated with continued
operations, or (e) non-compliance with any applicable Law, and, in each case, which event is of such a nature that a response cannot, in the reasonable discretion of CPCC, await the decision of CTH. For the avoidance of doubt, an
“Emergency” shall include any release or threatened release of hazardous substances into the environment that requires notification to any Governmental Authority under applicable Law. 

“Employee Benefit Costs” means all Losses attributable to non-pension employee-related liabilities of CPCC, including
with respect to former employees and including, without limitation, disability benefits, workers’ compensation, coal workers pneumoconiosis (black lung) disease, and the OPEB Plans, but excluding any liabilities arising under the Coal Industry
Retiree Health Benefit Act of 1992. 
 “Employees” has the meaning set forth in Section 2.6(c). 

“Execution Date” has the meaning set forth in the Preamble. 

“Excused Employee” has the meaning set forth in Section 2.2(b). 

“Force Majeure” means an act of God; strike, lockout or other similar disturbance; act of the public enemy; war;
blockade; public riot; lightning, fire, storm, flood or other act of nature or the elements; explosion; action, delay or inaction of a Governmental Authority that is reasonably unforeseen or unexpected; unavailable equipment not within the control
of the Party claiming suspension; and any other cause, whether of the kind specifically enumerated above or otherwise, which is not reasonably within the control of the Party claiming suspension.  

“GAAP” means generally accepted accounting principles in the United States. 

“General Partner” means CNX Coal Resources GP LLC, a Delaware limited liability company. 

“Governmental Authority” means any federal, state, local, municipal, tribal or other government; any governmental,
regulatory or administrative agency, commission, body or other authority exercising or entitled to exercise any administrative, executive, judicial, legislative, regulatory or taxing authority or power; and any court or governmental tribunal,
including any tribal authority having or asserting jurisdiction. 

  
 APPENDIX I

 PAGE 2 

 “Initial Term” has the meaning set forth in Section 4.1. 

“Laws” means any applicable statute, law, rule, regulation, ordinance, order, code, ruling, writ, injunction, decree
or other official act of or by any Governmental Authority. 
 “Losses” has the meaning set forth in the Omnibus
Agreement. 
 “Omnibus Agreement” means that certain Omnibus Agreement dated as of the Execution Date, by and among
CONSOL Energy Inc., General Partner, Partnership and the other parties thereto, as the same may be amended, revised, supplemented or otherwise modified from time to time. 

“OPEB Plans” means the welfare benefit plans, including medical, prescription drug and life insurance plans,
maintained by CONSOL Energy, Inc. or its Affiliates for the benefit of retired employees not covered by the Coal Industry Retiree Health Benefit Act of 1992. 

“Operating Account” has the meaning set forth in the Operating Agreement. 

“Operating Agreement” has the meaning set forth in the Recitals. 

“Operating Committee” has the meaning set forth in the Operating Agreement. 

“Operating Records” has the meaning set forth in Section 2.12. 

“Operational Services” has the meaning set forth in Operating Agreement. 

“Owning Parties” means CPCC, Conrhein and CTH. 

“Partnership” means CNX Coal Resources LP, a Delaware limited partnership. 

“Partnership Group” means the Partnership and its Subsidiaries. Each of the Partnership and its Subsidiaries shall be
a “Partnership Group Member.” 
 “Party” and “Parties” have the
meaning set forth in the Preamble. 
 “Pennsylvania Mine Complex” has the meaning set forth in the Recitals. 

“Pennsylvania Mine Complex Agreements” has the meaning set forth in the Operating Agreement. 

“Pennsylvania Mine Complex Assets” has the meaning set forth in the Operating Agreement. 

“Pension Plan” means any defined benefit pension plan maintained by CONSOL Energy, Inc. or its Affiliates in or under
which any employees that perform the Operational Services hereunder may participate or receive benefits, as they may be amended from time to time. 

  
 APPENDIX I

 PAGE 3 

 “Permit” means any permits, approvals or authorizations by, or filings
with, Governmental Authorities. 
 “Person” means any individual, corporation, company, partnership, limited
partnership, limited liability company, trust, estate, Governmental Authority or any other entity. 
 “Personnel
Costs” means an amount equal to, for each of CPCC’s (and/or its Affiliates’) employees that perform the Operational Services hereunder, the total salary, wages, bonus, employee benefits and other compensation provided by CPCC
(or its applicable Affiliate) to such employee (together with all related employment costs, including employment and payroll taxes, incurred by CPCC (or its applicable Affiliate)) for the applicable calendar month. “Personnel
Costs” shall also include, without duplicating any of the foregoing amounts, (a) the service costs attributable to the participation in the Pension Plan of the employees that perform the Operational Services hereunder, and
(b) the Employee Benefit Costs. 
 “Records” means collectively the Operating Records and the Accounting
Records. 
 “Reimbursable Costs” means collectively the Personnel Costs, Third Party Costs and Agreed Rental Fees.

 “Reports” has the meaning set forth in the Operating Agreement. 

“Services Standard” has the meaning set forth in Section 2.13. 

“Subsidiary” means, with respect to any Person, (a) a corporation of which more than 50% of the voting power of
shares entitled (without regard to the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is owned, directly or indirectly, at the date of determination, by such Person, by one or more
Subsidiaries of such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Subsidiary of such Person is, at the date of determination, a general or limited partner of such partnership, but
only if more than 50% of the general partner interests of such partnership is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person or a combination thereof or (c) any other
Person (other than a corporation or a partnership) in which such Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination, has (i) at least a majority ownership interest or
(ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person. 

“Ten Year Mine Plan” has the meaning set forth in the Operating Agreement. 

“Term” has the meaning set forth in Section 4.1. 

“Terminal and Throughput Agreement” has the meaning set forth in the Operating Agreement. 

  
 APPENDIX I

 PAGE 4 

 “Termination Execution Date” means the date of the termination of this
Agreement in accordance with the terms hereof. 
 “Third Party” means any Person other than a Party to this
Agreement or an Affiliate of a Party to this Agreement. 
 “Third Party Costs” means all Third Party costs and
expenses incurred by CPCC and/or its Affiliates in performing the Operational Services, including all: 
 (a) royalties paid
to Third Parties on mined coal on behalf of CTH (in its capacity as an owner of the Assets) and the other Owning Parties (in their capacity as an owner of the Assets); 

(b) taxes and fees paid on behalf of CTH (in its individual capacity and its capacity as the operator under the Operating
Agreement) and the other Owning Parties (in their capacity as an owner of the Assets), including severance taxes, per-ton reclamation, black lung excise taxes, and property taxes; 

(c) insurance maintained by CPCC for itself with respect to providing the Operating Services or for which it has obtained for
the benefit of CTH or the Owning Parties under Section 2.11; 
 (d) assessments, penalties or other fines imposed
by any governmental authority for violation of any federal, state or local law or regulation arising out of CPCC’s performance of the Operational Services to the extent such assessments, penalties or other fines are not a result of CPCC’s
breach of the Services Standard; and 
 (e) fees, costs and expenses paid to Third Party contractors and subcontractors. 

“Water Supply and Services Agreement” has the meaning set forth in the Operating Agreement. 

  
 APPENDIX I

 PAGE 5

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