Document:

EX-4.1

 Exhibit 4.1 

Execution Version 

REGISTRATION RIGHTS AGREEMENT 

BY AND AMONG 
 CNX COAL
RESOURCES LP, 
 CONSOL ENERGY INC. 

AND 
 THE OTHER PARTIES
HERETO 
  

 TABLE OF CONTENTS 

 

									
	ARTICLE I DEFINITIONS	  	 	1	  
				
		 	 Section 1.1
	  	 Definitions
	  	 	1	  
		 	 Section 1.2
	  	 Registrable Securities
	  	 	4	  
		
	ARTICLE II REGISTRATION RIGHTS	  	 	4	  
				
		 	 Section 2.1
	  	 Registration
	  	 	4	  
		 	 Section 2.2
	  	 Piggyback Rights
	  	 	6	  
		 	 Section 2.3
	  	 Delay Rights
	  	 	7	  
		 	 Section 2.4
	  	 Underwritten Offerings
	  	 	9	  
		 	 Section 2.5
	  	 Sale Procedures
	  	 	10	  
		 	 Section 2.6
	  	 Cooperation by Holders
	  	 	13	  
		 	 Section 2.7
	  	 Restrictions on Public Sale by Holders of Registrable Securities
	  	 	13	  
		 	 Section 2.8
	  	 Expenses
	  	 	13	  
		 	 Section 2.9
	  	 Indemnification
	  	 	14	  
		 	 Section 2.10
	  	 Rule 144 Reporting
	  	 	16	  
		 	 Section 2.11
	  	 Transfer or Assignment of Registration Rights
	  	 	17	  
		 	 Section 2.12
	  	 Other Registration Rights
	  	 	17	  
		
	ARTICLE III MISCELLANEOUS	  	 	17	  
				
		 	 Section 3.1
	  	 Communications
	  	 	17	  
		 	 Section 3.2
	  	 Successor and Assigns
	  	 	18	  
		 	 Section 3.3
	  	 Assignment of Rights
	  	 	18	  
		 	 Section 3.4
	  	 Recapitalization, Exchanges, Etc. Affecting the Units
	  	 	18	  
		 	 Section 3.5
	  	 Aggregation of Registrable Securities
	  	 	18	  
		 	 Section 3.6
	  	 Specific Performance
	  	 	18	  
		 	 Section 3.7
	  	 Counterparts
	  	 	19	  
		 	 Section 3.8
	  	 Headings
	  	 	19	  
		 	 Section 3.9
	  	 Governing Law
	  	 	19	  
		 	 Section 3.10      
	  	 Severability of Provisions
	  	 	19	  
		 	 Section 3.11
	  	 Entire Agreement
	  	 	19	  
		 	 Section 3.12
	  	 Amendment
	  	 	19	  
		 	 Section 3.13
	  	 No Presumption
	  	 	19	  
		 	 Section 3.14
	  	 Obligations Limited to Parties to Agreement
	  	 	19	  
		 	 Section 3.15
	  	 Independent Nature of Holder’s Obligations
	  	 	20	  
		 	 Section 3.16
	  	 Interpretation
	  	 	20	  

  

 REGISTRATION RIGHTS AGREEMENT 

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of September 30, 2016, by and among CNX
Coal Resources LP, a Delaware limited partnership (the “Partnership”), CONSOL Energy Inc., a Delaware corporation (“CEI”) and each of the Holders that may, from time to time, become party to this Agreement. 

WHEREAS, this Agreement is made and entered into in connection with the Closing of the issuance and sale of Class A Preferred Units of the
Partnership pursuant to the Contribution Agreement, dated as of September 30, 2016, by and among the Partnership, CEI, CONSOL Pennsylvania Coal Company LLC, a Delaware limited liability company (“CPCC”), Conrhein Coal Company, a
Pennsylvania general partnership (“Conrhein”) and CNX Thermal Holdings LLC, a Delaware limited liability company (“CTH”) (the “Contribution Agreement”); and 

WHEREAS, the Class A Preferred Units were issued under the Second Amended and Restated Agreement of Limited Partnership of the Partnership
dated September 30, 2016 (as it may be amended, supplemented or restated from time to time, the “Partnership Agreement”); and

WHEREAS, the Partnership has agreed to provide for the registration of the Common Units issued upon the conversion of the Class A Preferred
Units and other rights set forth in this Agreement for the benefit of the Holders. 
 NOW THEREFORE, in consideration of the mutual
covenants and agreements set forth herein and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each party hereto, the parties hereby agree as follows: 

ARTICLE I 
 DEFINITIONS

 Section 1.1 Definitions. The terms set forth below are used herein as so defined: 

“Affiliate” has the meaning given to such term in the Partnership Agreement. 

“Aggregate Purchase Price” means 88,800,000. 

“Agreement” has the meaning specified therefor in the introductory paragraph of this Agreement. 

“Business Day” means Monday through Friday of each week, except that a legal holiday recognized as such by the government of
the United States of America or the State of Pennsylvania shall not be regarded as a Business Day. 
 “CEI” has the meaning
specified therefor in the recitals of this Agreement. 
 “Class A Preferred Unit” has the meaning given to such term in the
Partnership Agreement. 

 “Class A Preferred Unit Issue Price” has the meaning given to such term in the
Partnership Agreement. 
 “Closing” means the closing of the transactions contemplated by the Contribution Agreement,
including the issuance and sale of the Class A Preferred Units. 
 “Commission” means the U.S. Securities and Exchange
Commission. 
 “Common Unit” has the meaning given to such term in the Partnership Agreement. 

“Conrhein” has the meaning specified therefor in the recitals of this Agreement. 

“Contribution Agreement” has the meaning specified therefor in the recitals of this Agreement. 

“CPCC” has the meaning specified therefor in the recitals of this Agreement. 

“CTH” has the meaning specified therefor in the recitals of this Agreement. 

“Effectiveness Deadline” has the meaning specified therefor in Section 2.19(a) of this Agreement. 

“Effectiveness Period” has the meaning specified therefor in Section 2.1(a) of this Agreement. 

“Exchange Act” has the meaning given to such term in the Partnership Agreement. 

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

“Greenlight Investor Parties” has the meaning given to the term Investor Parties in the Greenlight Registration Rights
Agreement. 
 “Greenlight Registration Rights Agreement” means that certain Registration Rights Agreement, dated as of July
7, 2015, by and among the Partnership and the Greenlight Investor Parties party thereto. 
 “Holder” means the record
holder of any Registrable Securities other than CEI or its Affiliates. 
 “Holder Group” means any Holder and its
Affiliates. 
 “Included Registrable Securities” has the meaning specified therefor in Section 2.2(a) of this
Agreement. 
 “Law” has the meaning given to such term in the Contribution Agreement. 

“Liquidated Damages” has the meaning specified therefor in Section 2.1(b) of this Agreement. 

  
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 “Liquidated Damages Multiplier” means, with respect to a particular Holder, (i)
the product of the Class A Preferred Unit Issue Price multiplied by (ii) the number of Class A Preferred Units owned by such Holder that may not be disposed of without restriction and without the need for current public information pursuant to any
section of Rule 144 (or any similar provision then in effect) under the Securities Act. 
 “Losses” has the meaning
specified therefor in Section 2.9(a) of this Agreement. 
 “Managing Underwriter” means, with respect to any
Underwritten Offering, the book-running lead manager or managers of such Underwritten Offering. 
 “Opt-Out Notice” has the
meaning specified therefor in Section 2.2(a) of this Agreement. 
 “Parity Securities” has the meaning specified
therefor in Section 2.2(b) of this Agreement. 
 “Partnership” has the meaning specified therefor in the
introductory paragraph of this Agreement. 
 “Partnership Agreement” has the meaning specified therefor in the recitals of
this Agreement. 
 “Person” means an individual or a corporation, limited liability company, partnership, firm, joint
venture, trust, unincorporated organization, association, government agency or political subdivision thereof or other entity. 

“Pro Rata” means, for each Selling Holder who has requested participation in a Underwritten Offering, the product of (a) the
aggregate number of Registrable Securities proposed to be sold in such Underwritten Offering multiplied by (b) the fraction derived by dividing (x) the number of Registrable Securities owned as of the date of calculation by such Selling Holder by
(y) the aggregate number of Registrable Securities owned as of the date of calculation by all Selling Holders plus the aggregate number of Parity Securities owned as of the date of calculation by all holders of Parity Securities that are
participating in the Underwritten Offering. 
 “Registrable Securities” means (i) the Common Units issued or to be issued
upon a conversion of Class A Preferred Units and (ii) any Common Units issued as Liquidated Damages pursuant to Section 2.1(b) of this Agreement, in each case, as subject to exchange, substitution or adjustment pursuant to Section 3.4
of this Agreement, all of which Registrable Securities are subject to the rights provided herein until such rights terminate pursuant to the provisions hereof. 

“Registration Expenses” has the meaning specified therefor in Section 2.8(b) of this Agreement. 

“Registration Statement” has the meaning specified therefor in Section 2.1(a) of this Agreement. 

“Securities Act” has the meaning given such term in the Partnership Agreement.

  
 3 

 “Selling Expenses” has the meaning specified therefor in Section 2.8(b)
of this Agreement. 
 “Selling Holder” means a Holder who is selling Registrable Securities pursuant to a registration
statement. 
 “Selling Holder Indemnified Persons” has the meaning specified therefor in Section 2.9(a) of this
Agreement. 
 “Subsidiary” has the meaning given to such term in the Partnership Agreement. 

“Trigger Date” has the meaning specified therefor in Section 2.1(a) of this Agreement. 

“Underwritten Offering” means an offering (including an offering pursuant to a Registration Statement) in which Common Units
are sold to an underwriter on a firm commitment basis for reoffering to the public or an offering that is a “bought deal” with one or more investment banks. 

“Underwritten Offering Request” has the meaning specified therefor in Section 2.4(a) of this Agreement. 

“VWAP” has the meaning given to such term in the Partnership Agreement. 

Section 1.2 Registrable Securities. Any Registrable Security will cease to be a Registrable Security (a) when a registration
statement covering such Registrable Security has been declared effective by the Commission and such Registrable Security has been sold or disposed of pursuant to such effective registration statement; (b) when such Registrable Security has been
disposed of pursuant to any section of Rule 144 (or any similar provision then in effect) under the Securities Act; (c) when such Registrable Security is held by the Partnership or one of its Subsidiaries or other Affiliates; (d) when such
Registrable Security has been sold or disposed of in a private transaction in which the transferor’s rights under this Agreement are not assigned to the transferee of such securities pursuant to Section 2.11 hereof or (e) when such
Registrable Security becomes eligible for resale without restriction and without the need for current public information pursuant to any section of Rule 144 (or any similar provision then in effect) under the Securities Act. 

ARTICLE II 
 REGISTRATION
RIGHTS 
 Section 2.1 Registration. 

(a) Effectiveness Deadline. The Partnership shall use its reasonable best efforts to prepare and file, within 180 days of the date that
the first Holder executes and delivers a joinder agreement to this Agreement pursuant to Section 2.11 of this Agreement (the “Trigger Date”), a registration statement under the Securities Act to permit the public resale of
Registrable Securities then outstanding from time to time with respect to all of the Registrable Securities (the “Registration Statement”). The Registration Statement filed pursuant to this Section 2.1(a) shall be on such
appropriate registration form or forms of the Commission as shall be selected by the 

  
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Partnership and shall be a non-automatic shelf registration statement. The Partnership shall use its reasonable best efforts to cause the Registration Statement to become effective within 360
days after the Trigger Date (the “Effectiveness Deadline”). Any Registration Statement shall provide for the resale pursuant to any method or combination of methods legally available to, and requested by, the Holders of any and all
Registrable Securities covered by such Registration Statement. The Partnership shall use its reasonable best efforts to cause the Registration Statement filed pursuant to this Section 2.1(a) to be effective, supplemented and amended to the
extent necessary to ensure that it is available for the resale of all Registrable Securities by the Holders until all Registrable Securities covered by such Registration Statement have ceased to be Registrable Securities (the “Effectiveness
Period”). The Registration Statement when effective (including the documents incorporated therein by reference) will comply as to form in all material respects with all applicable requirements of the Securities Act and the Exchange Act and
will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading (in the case of any prospectus contained in such Registration Statement
or documents incorporated therein by reference, in the light of the circumstances under which a statement is made). As soon as practicable following the date that the Registration Statement becomes effective, but in any event within two (2) Business
Days of such date, the Partnership shall provide the Holders with written notice of the effectiveness of the Registration Statement. 
 (b)
Failure to Go Effective. If the Registration Statement required by Section 2.1(a) is not declared effective by the Effectiveness Deadline, then each Holder shall be entitled to a payment (with respect to each Registrable Security held
by each such Holder), as liquidated damages and not as a penalty, of 0.25% of the Liquidated Damages Multiplier per 30-day period, that shall accrue daily, for the first 60 days following the Effectiveness Deadline, increasing by an additional 0.25%
of the Liquidated Damages Multiplier per 30-day period, that shall accrue daily, for each subsequent 30 days (i.e. 0.50% for 61-90 days, 0.75% for 91-120 days and 1.00% thereafter), up to a maximum of 1.00% of the Liquidated Damages Multiplier per
30-day period (the “Liquidated Damages”). The Liquidated Damages payable pursuant to the immediately preceding sentence shall be payable within fifteen (15) Business Days after the end of each such 30-day period. Notwithstanding
anything to the contrary contained herein, in no event shall the aggregate of all Liquidated Damages payable by the Partnership hereunder exceed 5.00% of the Aggregate Purchase Price. Any Liquidated Damages shall be paid to each Holder in
immediately available funds; provided, however, if the Partnership certifies that it is unable to pay Liquidated Damages in cash because such payment would result in a breach of or constitute a default under a credit facility or other debt
instrument, then the Partnership shall pay such Liquidated Damages using as much cash as is permitted without causing a breach of or default under such credit facility or other debt instrument and shall pay the balance of any such Liquidated Damages
in kind in the form of the issuance of additional Common Units. Upon any issuance of Common Units as Liquidated Damages, the Partnership shall promptly (i) prepare and file an amendment to the Registration Statement prior to its effectiveness adding
such Common Units to such Registration Statement as additional Registrable Securities and (ii) prepare and file a supplemental listing application with the New York Stock Exchange (or such other national securities exchange on which the Common Units
are then-listed and traded) to list such additional Common Units. The determination of the number of Common Units to be issued as Liquidated Damages shall be equal to quotient of (i) the dollar amount of the balance of such Liquidated Damages due to
each such Holder divided by (ii) the volume- weighted average 

  
 5 

 
trading price of the Common Units on the New York Stock Exchange, or any other national securities exchange on which the Common Units are then-traded, for the ten (10) trading days ending on the
first trading day immediately preceding the date on which the Liquidated Damages payment is due. The payment of Liquidated Damages to a Holder shall cease at the earlier of (i) the Registration Statement becoming effective and (ii) when such Holder
no longer holds Registrable Securities, and any payment of Liquidated Damages shall be prorated for any period of less than 30 days in which the payment of Liquidated Damages ceases. If the Partnership is unable to cause a Registration Statement to
go effective by the Effectiveness Deadline as a result of an acquisition, merger, reorganization, disposition or other similar transaction, then the Partnership may request a waiver of the Liquidated Damages, and each Holder may individually grant
or withhold its consent to such request in its discretion. 
 (c) Termination of Holder’s Rights. A Holder’s rights (and
any transferee’s rights pursuant to Section 2.11) under this Section 2.1 shall terminate upon the termination of the Effectiveness Period. 

Section 2.2 Piggyback Rights. 

(a) Participation. If the Partnership proposes to file (i) a shelf registration statement other than the Registration Statement
contemplated by Section 2.1(a), (ii) a prospectus supplement to an effective shelf registration statement, other than the Registration Statement contemplated by Section 2.1(a) and Holders may be included without the filing of a
post-effective amendment thereto, or (iii) a registration statement, other than a shelf registration statement, in each case, for the sale of Common Units in an Underwritten Offering for its own account and/or another Person, then as soon as
practicable following the engagement of counsel by the Partnership to prepare the documents to be used in connection with an Underwritten Offering, the Partnership shall give notice of such proposed Underwritten Offering to each Holder (together
with its Affiliates) holding at least $15 million of the then-outstanding Registrable Securities (based on the VWAP) and such notice shall offer such Holders the opportunity to include in such Underwritten Offering such number of Registrable
Securities (the “Included Registrable Securities”) as each such Holder may request in writing; provided, however, that if the Partnership has been advised by the Managing Underwriter that the inclusion of Registrable
Securities for sale for the benefit of the Holders will have an adverse effect on the price, timing or distribution of the Common Units in the Underwritten Offering, then (A) if no Registrable Securities can be included in the Underwritten Offering
in the opinion of the Managing Underwriter (after taking into consideration the Common Units included pursuant to the Greenlight Registration Statement which Common Units shall have priority over the Registrable Securities under this Agreement), the
Partnership shall not be required to offer such opportunity to the Holders or (B) if any Registrable Securities can be included in the Underwritten Offering in the opinion of the Managing Underwriter (after taking into consideration the Common Units
included pursuant to the Greenlight Registration Statement which Common Units shall have priority over the Registrable Securities under this Agreement), then the amount of Registrable Securities to be offered for the accounts of Holders shall be
determined based on the provisions of Section 2.2(b). Any notice required to be provided in this Section 2.2(a) to Holders shall be provided on a Business Day pursuant to Section 3.1 hereof and receipt of such notice shall be
confirmed by the Holder. Each such Holder shall then have two (2) Business Days (or one (1) Business Day in connection with any overnight or bought 

  
 6 

 
Underwritten Offering) after notice has been delivered to request in writing the inclusion of Registrable Securities in the Underwritten Offering. If no written request for inclusion from a
Holder is received within the specified time, each such Holder shall have no further right to participate in such Underwritten Offering. If, at any time after giving written notice of its intention to undertake an Underwritten Offering and prior to
the closing of such Underwritten Offering, the Partnership shall determine for any reason not to undertake or to delay such Underwritten Offering, the Partnership may, at its election, give written notice of such determination to the Selling Holders
and, (x) in the case of a determination not to undertake such Underwritten Offering, shall be relieved of its obligation to sell any Included Registrable Securities in connection with such terminated Underwritten Offering, and (y) in the case of a
determination to delay such Underwritten Offering, shall be permitted to delay offering any Included Registrable Securities for the same period as the delay in the Underwritten Offering. Any Selling Holder shall have the right to withdraw such
Selling Holder’s request for inclusion of such Selling Holder’s Registrable Securities in such Underwritten Offering by giving written notice to the Partnership of such withdrawal at or prior to the time of pricing of such Underwritten
Offering. Any Holder may deliver written notice (an “Opt-Out Notice”) to the Partnership requesting that such Holder not receive notice from the Partnership of any proposed Underwritten Offering; provided, however, that such
Holder may later revoke any such Opt-Out Notice in writing. Following receipt of an Opt-Out Notice from a Holder (unless subsequently revoked), the Partnership shall not be required to deliver any notice to such Holder pursuant to this Section
2.2 and such Holder shall no longer be entitled to participate in Underwritten Offerings by the Partnership pursuant to this Section 2.2(a). 

(b) Priority. In connection with an Underwritten Offering contemplated by Section 2.2(a), if the Managing Underwriter or
Underwriters of any proposed Underwritten Offering advises the Partnership or the Greenlight Investor Parties that in its or their view the total number or dollar amount of Registrable Securities that the Selling Holders and any other Persons intend
to include in such offering exceeds the number that can be sold in such offering without being likely to have an adverse effect on the price, timing or distribution of the Common Units offered or the market for the Common Units, then the Common
Units to be included in such Underwritten Offering shall include the number of Registrable Securities that in the opinion of such Managing Underwriter or Underwriters advises the Partnership or Greenlight Investor Parties can be sold without
adversely affecting such offering shall be allocated (i) first, to the Partnership and/or the Greenlight Investor Parties (if applicable), as determined by the Greenlight Registration Rights Agreement, and (ii) second, Pro Rata among the Selling
Holders who have requested participation in such Underwritten Offering and any other holder of securities of the Partnership having rights of registration that are neither expressly senior nor subordinated to the Registrable Securities (the
“Parity Securities”). 
 (c) Termination of Piggyback Registration Rights. Each Holder’s rights under this
Section 2.2 shall terminate upon such Holder (together with its Affiliates) ceasing to hold at least $15 million of Registrable Securities (based on the VWAP). Each Holder shall notify the Partnership in writing when such Holder holds less
than $15 million of Registrable Securities (based on the VWAP). 
 Section 2.3 Delay Rights. 

  
 7 

 Notwithstanding anything to the contrary contained herein, the Partnership may, upon written
notice to any Selling Holder whose Registrable Securities are included in the Registration Statement or other registration statement contemplated by this Agreement, suspend such Selling Holder’s use of any prospectus which is a part of the
Registration Statement or other registration statement contemplated by this Agreement (in which event the Selling Holder shall discontinue sales of the Registrable Securities pursuant to the Registration Statement or such other registration
statement but may settle any previously made sales of Registrable Securities) if (i) the Partnership is pursuing an acquisition, merger, reorganization, disposition, financing or other similar transaction and the Partnership determines in good faith
that it is in the best interests of the Partnership not to disclose the existence of material facts surrounding such a transaction in the Registration Statement or such other registration statement or (ii) the Partnership has experienced some other
material non-public event, the disclosure of which at such time, in the good faith judgment of the Partnership, is in the best interest of the Partnership to not disclose; provided, however, in no event shall the Selling Holders be suspended
from selling Registrable Securities pursuant to the Registration Statement or such other registration statement for a period that exceeds an aggregate of 60 days in any 180- day period or 105 days in any 365-day period, in each case, exclusive of
days covered by any lock-up agreement executed by a Selling Holder in connection with any Underwritten Offering or executed pursuant to Section 2.12(b). Upon disclosure of such information or the termination of the condition described above,
the Partnership shall provide prompt notice to the Selling Holders whose Registrable Securities are included in the Registration Statement or other registration statement contemplated by this Agreement, and shall promptly terminate any suspension of
sales it has put into effect and shall take such other reasonable actions to permit registered sales of Registrable Securities as contemplated in this Agreement. 

If (i) the Selling Holders shall be prohibited from selling their Registrable Securities under the Registration Statement or other
registration statement contemplated by this Agreement as a result of a suspension pursuant to the immediately preceding paragraph in excess of the periods permitted therein or (ii) the Registration Statement or other registration statement
contemplated by this Agreement is filed and declared effective but, during the Effectiveness Period, shall thereafter cease to be effective or fail to be usable for its intended purpose without being succeeded within 30 Business Days by a
post-effective amendment thereto, a supplement to the prospectus or a report filed with the Commission pursuant to Section 13(a), 13(c), 14 or l5(d) of the Exchange Act, then, until the suspension is lifted or a post-effective amendment, supplement
or report is filed with the Commission, but not including any day on which a suspension is lifted or such amendment, supplement or report is filed and declared effective, if applicable, the Partnership shall pay the Selling Holders an amount equal
to the Liquidated Damages, following the earlier of (x) the date on which the suspension period exceeded the permitted period and (y) the thirty-first (31st) Business Day after the Registration Statement or other registration statement contemplated
by this Agreement ceased to be effective or failed to be useable for its intended purposes, as liquidated damages and not as a penalty (for purposes of calculating Liquidated Damages, the date in (x) or (y) above shall be deemed the
“Effectiveness Deadline,” for purposes of calculating Liquidated Damages). For purposes of this paragraph, a suspension shall be deemed lifted on the date that notice that the suspension has been terminated is delivered to the Selling
Holders. Any Liquidated Damages shall cease to accrue pursuant to this paragraph upon the earlier of (1) a suspension being deemed lifted and (2) when such Holder no longer holds Registrable Securities, and any payment of Liquidated Damages
shall be prorated for any period of less than 30 days in which the payment of Liquidated Damages ceases. 

  
 8 

 Section 2.4 Underwritten Offerings. 

(a) Request for Underwritten Offering. In the event that a Selling Holder (together with any Affiliates that are Selling Holders)
elects to dispose of Registrable Securities under a Shelf Registration Statement pursuant to an Underwritten Offering and reasonably anticipates gross proceeds of at least the lesser of (i) $15 million from such Underwritten Offering of Registrable
Securities or (ii) 100% of the remaining Common Units issued or to be issued upon conversion of the Series A Preferred Units, the Partnership shall, at the request of such Selling Holder (each, an “Underwritten Offering Request”),
enter into an underwriting agreement in customary form with the Managing Underwriter or Underwriters, which shall include, among other provisions, indemnities to the effect and to the extent provided in Section 2.9, and shall take all such
other reasonable actions as are requested by the Managing Underwriter to expedite or facilitate the disposition of the Registrable Securities; provided, however, that the Partnership shall not be required to effect more than three (3)
Underwritten Offerings pursuant to this Section 2.4, in the aggregate, and shall not be required to effect more than two (2) Underwritten Offerings pursuant to this Section 2.4 in any 12-month period. 

(b) General Procedures. In connection with any Underwritten Offering under this Agreement, the Partnership shall be entitled to select
the Managing Underwriter or Underwriters. In connection with an Underwritten Offering contemplated by this Agreement in which a Selling Holder participates, each Selling Holder and the Partnership shall be obligated to enter into an underwriting
agreement that contains such representations, covenants, indemnities and other rights and obligations as are customary in underwriting agreements for firm commitment offerings of securities. No Selling Holder may participate in such Underwritten
Offering unless such Selling Holder agrees to sell its Registrable Securities on the basis provided in such underwriting agreement and completes and executes all questionnaires, powers of attorney, indemnities and other documents reasonably required
under the terms of such underwriting agreement. Each Selling Holder may, at its option, require that any or all of the representations and warranties by, and the other agreements on the part of, the Partnership to and for the benefit of such
underwriters also be made to and for such Selling Holder’s benefit and that any or all of the conditions precedent to the obligations of such underwriters under such underwriting agreement also be conditions precedent to its obligations. No
Selling Holder shall be required to make any representations or warranties to or agreements with the Partnership or the underwriters other than representations, warranties or agreements regarding such Selling Holder, its authority to enter into such
underwriting agreement and to sell, and its ownership of, the securities being registered on its behalf, its intended method of distribution and any other representation required by Law. If any Selling Holder disapproves of the terms of an
underwriting, such Selling Holder may elect to withdraw therefrom by notice to the Partnership and the Managing Underwriter; provided, however, that such withdrawal must be made up to and including the time of pricing of such Underwritten
Offering. No such withdrawal or abandonment shall affect the Partnership’s obligation to pay Registration Expenses. The Partnership’s management may but shall not be required to participate in a roadshow or similar marketing effort in
connection with any Underwritten Offering. 

  
 9 

 (c) Priority. If the Managing Underwriter or Underwriters advises the Selling Holders
in writing that in its or their view the total number or dollar amount of Registrable Securities proposed to be sold in an underwritten offering under this Section 2.4 is such as to adversely affect the success of such offering (including
securities proposed to be included by other Holders and the Greenlight Investor Parties pursuant to the Greenlight Registration Rights Agreement), then the number of Registrable Securities that in the opinion of such Managing Underwriter or
Underwriters advises the Partnership can be sold without adversely affecting such offering shall be allocated (i) first, to the Greenlight Investor Parties (if applicable), and (ii) second, Pro Rata among the Selling Holders who have requested
participation in such Underwritten Offering and any other holder of any other Parity Securities. In connection with any underwritten offering to which the Underwritten Offering excludes more than 50% of the aggregate number of Registrable
Securities requested to be included by the Holders due to the inclusion of securities held by the Greenlight Investor Parties pursuant to the Greenlight Registration Rights Agreement, such Underwritten Offering shall not reduce the number of
Underwritten Offerings available to the Holders. 
 Section 2.5 Sale Procedures. In connection with its obligations under this
Article II, the Partnership will, as reasonably expeditiously as possible: 
 (a) prepare and file with the Commission such amendments and
supplements to the Registration Statement and the prospectus and any prospectus supplement used in connection therewith as may be necessary to keep the Registration Statement effective for the Effectiveness Period and as may be necessary to comply
with the provisions of the Securities Act with respect to the disposition of all Registrable Securities covered by the Registration Statement; 

(b) if a prospectus or prospectus supplement will be used in connection with the marketing of an Underwritten Offering from the Registration
Statement and the Managing Underwriter at any time shall notify the Partnership in writing that, in the sole judgment of such Managing Underwriter, inclusion of detailed information to be used in such prospectus or prospectus supplement is of
material importance to the success of the Underwritten Offering of such Registrable Securities, the Partnership shall use its commercially reasonable efforts to include such information in such prospectus or prospectus supplement; 

(c) furnish to each Selling Holder (i) as far in advance as reasonably practicable before filing the Registration Statement or any other
registration statement contemplated by this Agreement or any supplement or amendment thereto, upon request, copies of reasonably complete drafts of all such documents proposed to be filed (including exhibits and each document incorporated by
reference therein to the extent then required by the rules and regulations of the Commission), and provide each such Selling Holder the opportunity to object to any information pertaining to such Selling Holder and its plan of distribution that is
contained therein and make the corrections reasonably requested by such Selling Holder with respect to such information prior to filing the Registration Statement or such other registration statement or supplement or amendment thereto, and (ii) such
number of copies of the Registration Statement or such other registration statement and the prospectus and any prospectus supplement included therein and any supplements and amendments thereto as such Selling Holder may reasonably request in order
to facilitate the public sale or other disposition of the Registrable Securities covered by such Registration Statement or other registration statement; 

  
 10 

 (d) if applicable, use its reasonable best efforts to register or qualify the Registrable
Securities covered by the Registration Statement or any other registration statement contemplated by this Agreement under the securities or blue sky laws of such jurisdictions as the Selling Holders or, in the case of an Underwritten Offering, the
Managing Underwriter, shall reasonably request; provided, however, that the Partnership will not be required to qualify generally to transact business in any jurisdiction where it is not then required to so qualify or to take any action that
would subject it to general service of process in any such jurisdiction where it is not then so subject; 
 (e) promptly notify each Selling
Holder, at any time when a prospectus relating thereto is required to be delivered by any of them under the Securities Act, of (i) the filing of the Registration Statement or any other registration statement contemplated by this Agreement or any
prospectus or prospectus supplement to be used in connection therewith, or any amendment or supplement thereto, and, with respect to such Registration Statement or any such other registration statement or any post-effective amendment thereto, when
the same has become effective; and (ii) the receipt of any written comments from the Commission with respect to any filing referred to in clause (i) and any written request by the Commission for amendments or supplements to the Registration
Statement or any such other registration statement or any prospectus or prospectus supplement thereto; 
 (f) promptly notify each Selling
Holder of (i) the happening of any event as a result of which the prospectus or prospectus supplement contained in the Registration Statement or any other registration statement contemplated by this Agreement, as then in effect, includes an untrue
statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading (in the case of any prospectus or prospectus supplement contained therein, in the light of the
circumstances under which such statement is made); (ii) the issuance or express threat of issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or any other registration statement contemplated by
this Agreement, or the initiation of any proceedings for that purpose; or (iii) the receipt by the Partnership of any notification with respect to the suspension of the qualification of any Registrable Securities for sale under the applicable
securities or blue sky laws of any jurisdiction. Following the provision of such notice, the Partnership agrees, subject to Section 2.3, to as promptly as practicable amend or supplement the prospectus or prospectus supplement or take other
appropriate action so that the prospectus or prospectus supplement does not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in
the light of the circumstances then existing and to take such other commercially reasonable action as is necessary to remove a stop order, suspension, threat thereof or proceedings related thereto; 

(g) upon request and subject to appropriate confidentiality obligations, furnish to each Selling Holder copies of any and all transmittal
letters or other correspondence with the Commission or any other governmental agency or self-regulatory body or other body having jurisdiction (including any domestic or foreign securities exchange) relating to such offering of Registrable
Securities; 
 (h) in the case of an Underwritten Offering, furnish upon request, (i) an opinion of counsel for the Partnership dated the
date of the closing under the underwriting agreement and 

  
 11 

 
(ii) a “comfort” letter, dated the pricing date of such Underwritten Offering and a letter of like kind dated the date of the closing under the underwriting agreement, in each case,
signed by the independent public accountants who have certified the Partnership’s financial statements included or incorporated by reference into the applicable registration statement, and each of the opinion and the “comfort” letter
shall be in customary form and covering substantially the same matters with respect to such registration statement (and the prospectus and any prospectus supplement included therein) as have been customarily covered in opinions of issuer’s
counsel and in accountants’ letters delivered to the underwriters in Underwritten Offerings of securities by the Partnership and such other matters as such underwriters may reasonably request; 

(i) otherwise use its reasonable best efforts to comply with all applicable rules and regulations of the Commission, and make available to its
security holders, as soon as reasonably practicable, an earnings statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 promulgated thereunder; 

(j) make available to the appropriate representatives of the Managing Underwriter and Selling Holders access to such information and
Partnership personnel as is reasonable and customary to enable such parties to establish a due diligence defense under the Securities Act; provided, that the Partnership need not disclose any non-public information to any such representative
unless and until such representative has entered into a confidentiality agreement with the Partnership; 
 (k) on or prior to the Trigger
Date or as soon as practical thereafter, cause all such Registrable Securities registered pursuant to this Agreement to be listed on each securities exchange or nationally recognized quotation system on which similar securities issued by the
Partnership are then listed; 
 (l) use its reasonable best efforts to cause the Registrable Securities to be registered with or approved by
such other governmental agencies or authorities as may be necessary by virtue of the business and operations of the Partnership to enable the Selling Holders to consummate the disposition of such Registrable Securities; 

(m) provide a transfer agent and registrar for all Registrable Securities covered by such registration statement not later than the effective
date of such registration statement; 
 (n) enter into customary agreements and take such other actions as are reasonably requested by the
Selling Holders or the underwriters, if any, in order to expedite or facilitate the disposition of such Registrable Securities; and 
 (o)
if requested by a Selling Holder, (i) incorporate in a prospectus or prospectus supplement or post-effective amendment to the Registration Statement or any other registration statement contemplated by this Agreement such information as such Selling
Holder reasonably requests to be included therein relating to the sale and distribution of Registrable Securities, including information with respect to the number of Registrable Securities being offered or sold, the purchase price being paid
therefor and any other terms of the offering of the Registrable Securities to be sold in such offering and (ii) make all required filings of such prospectus or prospectus supplement or post-effective amendment after being notified of the matters to
be incorporated in such prospectus or prospectus supplement or post-effective amendment. 

  
 12 

 The Partnership shall not name a Holder as an underwriter as defined in Section 2(a)(11) of the
Securities Act in any registration statement without such Holder’s consent. If the staff of the Commission requires the Partnership to name any Holder as an underwriter as defined in Section 2(a)(11) of the Securities Act, or the Partnership
deems it advisable, on the advice of counsel, to so name any Holder, and such Holder does not consent thereto, then such Holder’s Registrable Securities shall not be included on the Registration Statement (or any other registration statement
contemplated by this Agreement), such Holder shall no longer be entitled to receive Liquidated Damages under this Agreement with respect thereto, the Partnership shall have no further obligations hereunder with respect to Registrable Securities held
by such Holder and such Holder shall be deemed to have terminated this Agreement with respect to such Holder. 
 Each Selling Holder, upon
receipt of notice from the Partnership of the happening of any event of the kind described in subsection (f) of this Section 2.5, shall forthwith discontinue offers and sales of the Registrable Securities by means of a prospectus or
prospectus supplement until such Selling Holder’s receipt of the copies of the supplemented or amended prospectus or prospectus supplement contemplated by subsection (f) of this Section 2.5 or until it is advised in writing by the
Partnership that the use of the prospectus or prospectus supplement may be resumed and has received copies of any additional or supplemental filings incorporated by reference in the prospectus or prospectus supplement, and, if so directed by the
Partnership, such Selling Holder will, or will request the Managing Underwriter(s), if any, to deliver to the Partnership (at the Partnership’s expense) all copies in their possession or control, other than permanent file copies then in such
Selling Holder’s possession, of the prospectus or prospectus supplement covering such Registrable Securities current at the time of receipt of such notice. 

Section 2.6 Cooperation by Holders. The Partnership shall have no obligation to include in the Registration Statement, or in an
Underwritten Offering pursuant to Section 2.2(a). Registrable Securities of a Holder who has failed to timely furnish such information that the Partnership determines, after consultation with its counsel, is reasonably required in order for
the registration statement or prospectus or prospectus supplement, as applicable, to comply with the Securities Act. 
 Section 2.7
Restrictions on Public Sale by Holders of Registrable Securities. Each Holder of Registrable Securities agrees, if requested by the underwriters of an Underwritten Offering, to enter into a customary letter agreement with such
underwriters providing such Holder will not effect any public sale or distribution of Registrable Securities during the 60 calendar day period beginning on the date of a prospectus or prospectus supplement filed with the Commission with respect to
the pricing of any Underwritten Offering, provided that (i) the duration of the foregoing restrictions shall be no longer than the duration of the shortest restriction generally imposed by the underwriters on the Partnership or the officers,
directors or any other Affiliate of the Partnership on whom a restriction is imposed and (ii) the restrictions set forth in this Section 2.7 shall not apply to any Registrable Securities that are included in such Underwritten Offering by such
Holder. 
 Section 2.8 Expenses. 

  
 13 

 (a) Expenses. The Partnership will pay all reasonable Registration Expenses as determined
in good faith, including, in the case of an Underwritten Offering, whether or not any sale is made pursuant to such Underwritten Offering. Each Selling Holder shall pay its pro rata share of all Selling Expenses in connection with any sale of its
Registrable Securities hereunder. In addition, except as otherwise provided in Section 2.9 hereof, the Partnership shall not be responsible for professional fees, including legal fees, incurred by Holders in connection with the exercise of
such Holders’ rights hereunder. 
 (b) Certain Definitions. “Registration Expenses” means all expenses incident
to the Partnership’s performance under or compliance with this Agreement to effect the registration of Registrable Securities on the Registration Statement pursuant to Section 2.1(a) or an Underwritten Offering covered under this
Agreement, and the disposition of such Registrable Securities, including, without limitation, all registration, filing, securities exchange listing and New York Stock Exchange fees, all registration, filing, qualification and other fees and expenses
of complying with securities or blue sky laws, fees of the Financial Industry Regulatory Authority, fees of transfer agents and registrars, all word processing, duplicating and printing expenses, any transfer taxes and the fees and disbursements of
counsel and independent public accountants for the Partnership, including the expenses of any special audits or “comfort” letters required by or incident to such performance and compliance. “Selling Expenses” means all
underwriting fees, discounts and selling commissions or similar fees or arrangements allocable to the sale of the Registrable Securities. 

Section 2.9 Indemnification. 

(a) By the Partnership. In the event of a registration of any Registrable Securities under the Securities Act pursuant to this
Agreement, the Partnership will indemnify and hold harmless each Selling Holder thereunder, its directors, officers, employees and agents and each Person, if any, who controls such Selling Holder within the meaning of the Securities Act and the
Exchange Act, and its directors, officers, employees or agents (collectively, the “Selling Holder Indemnified Persons”), against any losses, claims, damages, expenses or liabilities (including reasonable attorneys’ fees and
expenses) (collectively, “Losses”), joint or several, to which such Selling Holder Indemnified Person may become subject under the Securities Act, the Exchange Act or otherwise, insofar as such Losses (or actions or proceedings,
whether commenced or threatened, in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact (in the case of any prospectus or prospectus supplement, in the light of the circumstances
under which such statement is made) contained in the Registration Statement or any other registration statement contemplated by this Agreement, any preliminary prospectus, preliminary prospectus supplement, free writing prospectus or final
prospectus or prospectus supplement contained therein, or any amendment or supplement thereof, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the
statements therein (in the case of a prospectus or prospectus supplement, in the light of the circumstances under which they were made) not misleading, and will reimburse each such Selling Holder Indemnified Person for any legal or other expenses
reasonably incurred by them in connection with investigating or defending any such Loss or actions or proceedings; provided, however, that the Partnership will not be liable in any such case if and to the extent that any such Loss arises out
of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission so made in conformity 

  
 14 

 
with information furnished by such Selling Holder Indemnified Person in writing specifically for use in the Registration Statement or such other registration statement contemplated by this
Agreement, any preliminary prospectus, preliminary prospectus supplement, free writing prospectus, or final prospectus or prospectus supplement contained therein, or any amendment or supplement thereof. Such indemnity shall remain in full force and
effect regardless of any investigation made by or on behalf of such Selling Holder Indemnified Person, and shall survive the transfer of such securities by such Selling Holder. 

(b) By Each Selling Holder. Each Selling Holder agrees severally and not jointly to indemnify and hold harmless the Partnership, the
General Partner, its directors, officers, employees and agents and each Person, if any, who controls the Partnership within the meaning of the Securities Act or of the Exchange Act, and its directors, officers, employees and agents, to the same
extent as the foregoing indemnity from the Partnership to the Selling Holders, but only with respect to information regarding such Selling Holder furnished in writing by or on behalf of such Selling Holder expressly for inclusion in the Registration
Statement or any other registration statement contemplated by this Agreement, any preliminary prospectus, preliminary prospectus supplement, free writing prospectus or final prospectus or prospectus supplement contained therein, or any amendment or
supplement thereof; provided, however, that the liability of each Selling Holder shall not be greater in amount than the dollar amount of the proceeds (net of any Selling Expenses) received by such Selling Holder from the sale of the
Registrable Securities giving rise to such indemnification. 
 (c) Notice. Promptly after receipt by an indemnified party hereunder
of notice of the commencement of any action, such indemnified party shall, if a claim in respect thereof is to be made against the indemnifying party hereunder, notify the indemnifying party in writing thereof, but the omission so to notify the
indemnifying party shall not relieve it from any liability that it may have to any indemnified party other than under this Section 2.9. In any action brought against any indemnified party, it shall notify the indemnifying party of the
commencement thereof. The indemnifying party shall be entitled to participate in and, to the extent it shall wish, to assume and undertake the defense thereof with counsel reasonably satisfactory to such indemnified party and, after notice from the
indemnifying party to such indemnified party of its election so to assume and undertake the defense thereof, the indemnifying party shall not be liable to such indemnified party under this Section 2.9 for any legal expenses subsequently
incurred by such indemnified party in connection with the defense thereof other than reasonable costs of investigation and of liaison with counsel so selected; provided, however, that, (i) if the indemnifying party has failed to assume the
defense or employ counsel reasonably acceptable to the indemnified party or (ii) if the defendants in any such action include both the indemnified party and the indemnifying party and counsel to the indemnified party shall have concluded that there
may be reasonable defenses available to the indemnified party that are different from or additional to those available to the indemnifying party, or if the interests of the indemnified party reasonably may be deemed to conflict with the interests of
the indemnifying party, then the indemnified party shall have the right to select a separate counsel and to assume such legal defense and otherwise to participate in the defense of such action, with the reasonable expenses and fees of such separate
counsel and other reasonable expenses related to such participation to be reimbursed by the indemnifying party as incurred. No indemnifying party shall be liable for any settlement entered into without its written consent, which consent shall
not be unreasonably withheld. Notwithstanding any other provision of this Agreement, no indemnifying party shall 

  
 15 

 
settle any action brought against any indemnified party with respect to which such indemnified party is entitled to indemnification hereunder without the consent of the indemnified party, unless
the settlement thereof imposes no liability or obligation on, and includes a complete and unconditional release from all liability of, the indemnified party. 

(d) Contribution. If the indemnification provided for in this Section 2.9 is held by a court or government agency of competent
jurisdiction to be unavailable to any indemnified party or is insufficient to hold them harmless in respect of any Losses, then each such indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount paid or
payable by such indemnified party as a result of such Loss in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of such indemnified party on the other in connection with the statements or
omissions that resulted in such Losses, as well as any other relevant equitable considerations; provided, however, that in no event shall such Selling Holder be required to contribute an aggregate amount in excess of the dollar amount of
proceeds (net of Selling Expenses) received by such Selling Holder from the sale of Registrable Securities giving rise to such indemnification. The relative fault of the indemnifying party on the one hand and the indemnified party on the other shall
be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact has been made by, or relates to, information supplied by such party,
and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The parties hereto agree that it would not be just and equitable if contributions pursuant to this paragraph
were to be determined by pro rata allocation or by any other method of allocation that does not take account of the equitable considerations referred to herein. The amount paid by an indemnified party as a result of the Losses referred to in the
first sentence of this paragraph shall be deemed to include any legal and other expenses reasonably incurred by such indemnified party in connection with investigating or defending any Loss that is the subject of this paragraph. No person guilty of
fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who is not guilty of such fraudulent misrepresentation. 

(e) Other Indemnification. The provisions of this Section 2.9 shall be in addition to any other rights to indemnification or
contribution that an indemnified party may have pursuant to law, equity, contract or otherwise. 
 Section 2.10 Rule 144 Reporting.
With a view to making available the benefits of certain rules and regulations of the Commission that may permit the sale of the Registrable Securities to the public without registration, the Partnership agrees to use its commercially reasonable
efforts to: 
 (a) make and keep public information regarding the Partnership available, as those terms are understood and defined in Rule
144 under the Securities Act, at all times from and after the date hereof; 
 (b) file with the Commission in a timely manner all reports
and other documents required of the Partnership under the Securities Act and the Exchange Act at all times from and after the date hereof; and 

  
 16 

 (c) so long as a Holder owns any Registrable Securities, furnish (i) to the extent accurate,
forthwith upon request, a written statement of the Partnership that it has complied with the reporting requirements of Rule 144 under the Securities Act, and (ii) unless otherwise available via EDGAR, to such Holder forthwith upon request a copy of
the most recent annual or quarterly report of the Partnership, and such other reports and documents so filed as such Holder may reasonably request in availing itself of any rule or regulation of the Commission allowing such Holder to sell any such
securities without registration. 
 Solely for purposes of Section 2.10(c), the term “Registrable Securities” shall be read
without regard to the limitation set forth in Section 1.2(e). 
 Section 2.11 Transfer or Assignment of Registration Rights.
The rights to cause the Partnership to register Registrable Securities granted to the Holders by the Partnership under this Article II may be transferred or assigned by any Holder to one or more transferees or assignees of Registrable
Securities; provided, however, that (a) unless the transferee or assignee is an Affiliate of, and after such transfer or assignment continues to be an Affiliate of, such Holder, the amount of Registrable Securities transferred or assigned to
such transferee or assignee shall represent at least $15 million of Registrable Securities (based on the VWAP), (b) the Partnership is given written notice prior to any said transfer or assignment, stating the name and address of each such
transferee or assignee and identifying the securities with respect to which such registration rights are being transferred or assigned, (c) each such transferee or assignee executes a joinder agreement to this Agreement under which it becomes a
“Holder” under this Agreement and agrees to be bound by the provisions of this Agreement applicable to Holders and (d) the transferor or assignor is not relieved of any obligations or liabilities hereunder arising out of events occurring
prior to such transfer. 
 Section 2.12 Other Registration Rights. Each of the Holders acknowledges that, prior to the date of this
Agreement, Partnership has entered into the Greenlight Registration Rights Agreement. Each of the Holders is familiar with the rights granted thereunder and agrees that, notwithstanding anything to the contrary in this Agreement, the
registration rights granted to the Holders hereunder are subordinate to such registration rights provided under the Greenlight Registration Rights Agreement. Each of the Holders agrees that it shall cooperate in all reasonable respects with the
Partnership in coordinating the exercise of its rights hereunder with the rights granted under the Greenlight Registration Rights Agreement. Furthermore, the Holders agree to execute any lock-up agreement reasonably requested by the Partnership
or the underwriters in connection with any underwritten offering made pursuant to the Greenlight Registration Rights Agreement. 
 ARTICLE
III 
 MISCELLANEOUS 

Section 3.1 Communications. All notices and other communications provided for or permitted hereunder shall be made in writing by
facsimile, electronic mail, courier service or personal delivery: 
 (a) if to a Holder, to such Holder at the address provided pursuant to
Section 2.11 above; and 

  
 17 

 (b) if to the Partnership: 

CNX Coal Resources LP 
 1000
CONSOL Energy Drive 
 Canonsburg PA, 15317 

Attention: Chief Financial Officer 

Email: LoriRitter@cnxlp.com 
 with
a copy to: 
 Attention: General Counsel 

Email: MarthaWiegand@cnxlp.com 

All such notices and communications shall be deemed to have been received at the time delivered by hand, if personally delivered; when receipt
acknowledged, if sent via facsimile or sent via Internet electronic mail; and when actually received, if sent by courier service or any other means. 

Section 3.2 Successor and Assigns. This Agreement shall inure to the benefit of and be binding upon the successors and permitted
assigns of each of the parties, including subsequent Holders of Registrable Securities to the extent permitted herein. 
 Section 3.3
Assignment of Rights. All or any portion of the rights and obligations of any Holder under this Agreement may be transferred or assigned by such Holder only in accordance with Section 2.11 hereof. 

Section 3.4 Recapitalization, Exchanges, Etc. Affecting the Units. The provisions of this Agreement shall apply to the full extent set
forth herein with respect to any and all units of the Partnership or any successor or assign of the Partnership (whether by merger, consolidation, sale of assets or otherwise) that may be issued in respect of, in exchange for or in substitution of,
the Registrable Securities, and shall be appropriately adjusted for combinations, unit splits, recapitalizations, pro rata distributions of units and the like occurring after the date of this Agreement. 

Section 3.5 Aggregation of Registrable Securities. All Registrable Securities held or acquired by Persons who are
Affiliates of one another shall be aggregated together for the purpose of determining the availability of any rights and applicability of any obligations under this Agreement. 

Section 3.6 Specific Performance. Damages in the event of breach of this Agreement by a party hereto may be difficult, if not
impossible, to ascertain, and it is therefore agreed that each such Person, in addition to and without limiting any other remedy or right it may have, will have the right to an injunction or other equitable relief in any court of competent
jurisdiction, enjoining any such breach, and enforcing specifically the terms and provisions hereof, and each of the parties hereto hereby waives any and all defenses it may have on the ground of lack of jurisdiction or competence of the court to
grant such an injunction or other equitable relief. The existence of this right will not preclude any such Person from pursuing any other rights and remedies at law or in equity that such Person may have. 

  
 18 

 Section 3.7 Counterparts. This Agreement may be executed in any number of counterparts and
by different parties hereto in separate counterparts, each of which counterparts, when so executed and delivered, shall be deemed to be an original and all of which counterparts, taken together, shall constitute but one and the same Agreement. In
the event that any signature is delivered by facsimile transmission or by e-mail delivery of a “.pdf’ format data file, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is
executed) with the same force and effect as if such facsimile or “.pdf’ signature page were an original thereof. 
 Section 3.8
Headings. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof. 

Section 3.9 Governing Law. THIS AGREEMENT WILL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY, THE LAWS OF THE STATE OF DELAWARE,
WITHOUT GIVING EFFECT TO ANY CONFLICTS OF LAWS PRINCIPLES THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF DELAWARE. 

Section 3.10 Severability of Provisions. Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof or affecting or impairing the validity or enforceability of such provision in any other
jurisdiction. 
 Section 3.11 Entire Agreement. This Agreement, the Contribution Agreement and the other agreements and documents
referred to herein are intended by the parties as a final expression of their agreement and intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein.
There are no restrictions, promises, warranties, representations or undertakings, other than those set forth or referred to herein with respect to the rights granted by the Partnership set forth herein. This Agreement and the Contribution Agreement
supersede all prior agreements and understandings between the parties with respect to such subject matter. 
 Section 3.12 Amendment.
This Agreement may be amended only by means of a written amendment signed by the Partnership and the Holders of a majority of the then outstanding Registrable Securities. 

Section 3.13 No Presumption. If any claim is made by a party relating to any conflict, omission or ambiguity in this Agreement, no
presumption or burden of proof or persuasion shall be implied by virtue of the fact that this Agreement was prepared by or at the request of a particular party or its counsel. 

Section 3.14 Obligations Limited to Parties to Agreement. Each of the parties hereto covenants, agrees and acknowledges that no Person
other than the Holders (and their permitted transferees and assignees) and the Partnership shall have any obligation hereunder and that, 

  
 19 

 
notwithstanding that one or more of the Holders may be a corporation, partnership or limited liability company, no recourse under this Agreement or under any documents or instruments delivered in
connection herewith or therewith shall be had against any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder or Affiliate of any of the Holders or any former, current or future
director, officer, employee, agent, general or limited partner, manager, member, stockholder or Affiliate of any of the foregoing, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any applicable
Law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any former, current or future director, officer, employee, agent, general or limited partner, manager,
member, stockholder or Affiliate of any of the Holders or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder or Affiliate of any of the foregoing, as such, for any obligations
of the Holders under this Agreement or any documents or instruments delivered in connection herewith or therewith or for any claim based on, in respect of or by reason of such obligation or its creation, except in each case for any transferee or
assignee of a Holder hereunder. 
 Section 3.15 Independent Nature of Holder’s Obligations. The obligations of
each Holder (and their permitted transferees and assignees) under this Agreement are several and not joint with the obligations of any other Holder, and no Holder shall be responsible in any way for the performance of the obligations of any other
Holder under this Agreement. Nothing contained herein, and no action taken by any Holder pursuant thereto, shall be deemed to constitute the Holders as a partnership, an association, a joint venture or any other kind of group or entity, or create a
presumption that the Holders are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement. Each Holder shall be entitled to independently protect and enforce its rights, including
without limitation, the rights arising out of this Agreement, and it shall not be necessary for any other Holder to be joined as an additional party in any proceeding for such purpose.. 

Section 3.16 Interpretation. Article and Section references to this Agreement, unless otherwise specified. All references to
instruments, documents, contracts and agreements are references to such instruments, documents, contracts and agreements as the same may be amended, supplemented and otherwise modified from time to time, unless otherwise specified. The word
“including” shall mean “including but not limited to.” Whenever any determination, consent or approval is to be made or given by a Holder under this Agreement, such action shall be in such Holder’s sole discretion unless
otherwise specified. 
 Section 3.17 Exclusive Jurisdiction in Delaware. The parties hereto submit to the exclusive jurisdiction
of the Court of Chancery of the State of Delaware or, if such Court does not have subject matter jurisdiction, to the Superior Court of the State of Delaware or, if jurisdiction is vested exclusively in the Federal courts of the United States, the
Federal courts of the United States sitting in the State of Delaware, and any appellate court from any such state or Federal court, and hereby irrevocably and unconditionally agree that all claims with respect to any such claim shall be heard and
determined in such Delaware court or, to the extent required by applicable Law, in such Federal court. The parties agree that a final judgment in any such claim is conclusive and may be enforced in any other jurisdiction by suit on the judgment or
in any other manner provided by law. Each of the parties irrevocably and unconditionally waives, 

  
 20 

 
to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to
this Agreement or any related matter in any Delaware state or Federal court located in the State of Delaware and the defense of an inconvenient forum to the maintenance of such claim in any such court. 

Section 3.18 WAIVER OF JURY TRIAL. THE EXTENT NOT PROHIBITED BY APPLICABLE LAW THAT CANNOT BE WAIVED, EACH PARTY HEREBY
IRREVOCABLY WAIVES AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE) ANY RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE, CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING IN WHOLE OR IN PART UNDER,
RELATED TO, BASED ON, OR IN CONNECTION WITH, THIS AGREEMENT OR THE SUBJECT MATTER HEREOF, WHETHER NOW EXISTING OR HEREAFTER ARISING AND WHETHER SOUNDING IN TORT OR CONTRACT OR OTHERWISE. ANY PARTY MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS
SECTION 3.18 WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL BY JURY 

[Signature pages to follow] 

  
 21 

 IN WITNESS WHEREOF, the parties hereto execute this Agreement, effective as of the date first
above written. 
  

					
	CNX COAL RESOURCES LP
		
	By:	 	 CNX COAL RESOURCES GP LLC
 (its
General Partner)

		
	By:	 	 /s/ Lorraine L. Ritter

		 	Name:	 	Lorraine L. Ritter
		 	Title:	 	 Chief Financial Officer and
 Chief Accounting
Officer

 Signature Page to Registration Rights Agreement 

 
					
	CONSOL ENERGY INC.
		
	By:	 	 /s/ Stephen W. Johnson

		 	Name:	 	Stephen W. Johnson
		 	Title:	 	 Executive Vice President –
 Diversified
Business Units

 Signature Page to Registration Rights AgreementEX-10.1

 Exhibit 10.1 

CONTRIBUTION AGREEMENT 
 by
and among 
 CONSOL ENERGY INC. 

CONSOL PENNSYLVANIA COAL COMPANY LLC 

CONRHEIN COAL COMPANY 

CNX COAL RESOURCES LP 
 and

 CNX THERMAL HOLDINGS LLC 

dated as of 
 September 30,
2016 

 TABLE OF CONTENTS 

 

									
	 	 	 	  	 	  	Page	 
		
	 ARTICLE I DEFINITIONS AND INTERPRETATION
	  	 	2	  
		 	1.1      	  	Defined Terms	  	 	2	  
		 	1.2	  	References and Rules of Construction	  	 	2	  
		
	 ARTICLE II CONTRIBUTION
	  	 	2	  
		 	2.1	  	Contribution.	  	 	2	  
		 	2.2	  	Consideration	  	 	5	  
		 	2.3	  	Revenues and Expenses	  	 	5	  
		 	2.4	  	Additional Contracts	  	 	5	  
		
	 ARTICLE III REPRESENTATIONS AND WARRANTIES
	  	 	5	  
		 	3.1	  	CONSOL Parties’ Representations	  	 	5	  
		 	3.2	  	Partnership Parties’ Representations	  	 	8	  
		
	 ARTICLE IV COVENANTS
	  	 	10	  
		 	4.1	  	Records	  	 	10	  
		 	4.2	  	[Reserved]	  	 	10	  
		 	4.3	  	Consents	  	 	10	  
		 	4.4	  	[Reserved]	  	 	11	  
		 	4.5	  	Required Notices	  	 	11	  
		 	4.6	  	Further Assurances	  	 	11	  
		 	4.7	  	Affiliate ROWs	  	 	12	  
		 	4.8	  	Conservation Easement	  	 	12	  
		
	 ARTICLE V RESERVED
	  	 	13	  
		
	 ARTICLE VI CLOSING
	  	 	13	  
		 	6.1	  	Closing	  	 	13	  
		
	 ARTICLE VII INDEMNIFICATION; ASSUMPTION; DISCLAIMERS
	  	 	14	  
		 	7.1	  	Indemnification of the CONSOL Parties	  	 	14	  
		 	7.2	  	Indemnification of the Partnership Parties	  	 	14	  
		 	7.3	  	Indemnification Procedures	  	 	14	  
		 	7.4	  	Limitations Regarding Indemnification	  	 	16	  
		 	7.5	  	Assumption	  	 	17	  
		 	7.6	  	Disclaimers	  	 	17	  
		 	7.7	  	Express Negligence	  	 	18	  
		 	7.8	  	Exclusive Remedy	  	 	19	  
		
	 ARTICLE VIII MISCELLANEOUS
	  	 	19	  
		 	8.1	  	Taxes	  	 	19	  
		 	8.2	  	Assignment; Binding Effect	  	 	19	  
		 	8.3	  	Notices	  	 	20	  
		 	8.4	  	Expenses	  	 	21	  
		 	8.5	  	Waiver; Rights Cumulative	  	 	21	  
		 	8.6	  	Entire Agreement; Conflicts	  	 	21	  

  
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	 	 	 	  	 	  	Page	 
				
		 	8.7	  	Amendment	  	 	21	  
		 	8.8      	  	Governing Law; Disputes	  	 	21	  
		 	8.9	  	Parties in Interest	  	 	22	  
		 	8.10	  	Preparation of Agreement	  	 	22	  
		 	8.11	  	Severability	  	 	22	  
		 	8.12	  	Counterparts	  	 	22	  

 APPENDIX 

Appendix I    Definitions 

EXHIBITS AND SCHEDULES 
 Exhibit A-1(a) –
IPO Area 
 Exhibit A-1(b) – Alpha Area 

Exhibit A-2(a) – IPO Fee Interests 

Exhibit A-2(b) – Alpha Fee Interests 

Exhibit A-3(a) – IPO Leases 

Exhibit A-3(b) – Alpha Leases 

Exhibit A-4 – Surface Fee Interests 

Exhibit A-5 – Coal ROWs 

Exhibit A-6 – Applicable Contracts 

Exhibit A-7 – Ancillary Assets 

Exhibit A-8 – Additional Contracts 

Exhibit B-1 – Excluded Assets 

Exhibit B-2 – Coal Contracts 

Exhibit B-3 – Delayed Coal Leases 

Exhibit C – Form of Deed 

Exhibit D – Form of Assignment 

Exhibit E – Form of Assignment, Assumption and Bill of Sale 

Exhibit F – Form of Second Amended and Restated Agreement of Limited Partnership 

Exhibit G – Form of Omnibus Agreement 

Exhibit H – Form of Operating Agreement Amendment 

Exhibit I – Form of Registration Rights Agreement 

Schedule 4.3(b) – Pending IPO Consents 

  
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 CONTRIBUTION AGREEMENT 

THIS CONTRIBUTION AGREEMENT (as may be amended, restated, supplemented or otherwise modified from time to time, this
“Agreement”) is entered into on September 30, 2016 (the “Effective Date”), by and among CONSOL ENERGY INC., a Delaware corporation (“CEI”), CONSOL PENNSYLVANIA COAL
COMPANY LLC, a Delaware limited liability company (“CPCC”), CONRHEIN COAL COMPANY, a Pennsylvania general partnership (“Conrhein” and together with CPCC, the “Owning
Parties” and together with CEI and CPCC, the “CONSOL Parties”), CNX COAL RESOURCES LP, a Delaware limited partnership (the “Partnership”) and CNX THERMAL HOLDINGS LLC, a
Delaware limited liability company (“CTH” and together with the Partnership, the “Partnership Parties”). The CONSOL Parties and the Partnership Parties may be referred to collectively as the
“Parties” or individually as a “Party”. 
 RECITALS 

WHEREAS, each of CPCC and Conrhein are wholly owned subsidiaries of CEI; 

WHEREAS, as of the Effective Date, CEI owns an approximate 53.4% limited partner interest in the Partnership and owns all of the
membership interests in CNX Coal Resources GP LLC, a Delaware limited liability company and the general partner of the Partnership (the “General Partner”), which owns a 2% general partner interest in the Partnership; 

WHEREAS, pursuant to the IPO Asset Contribution Agreement, the Owning Parties contributed to CTH a 20% undivided interest, and retained
an 80% undivided interest, in the assets, liabilities, revenues and expenses, as well as operational control over, certain coal mines in Green and Washington Counties, Pennsylvania and in Marshall County, West Virginia, commonly known as the Bailey
Mine, the Enlow Fork Mine and the Harvey Mine, and the related preparation plant commonly known as the Bailey preparation plant (collectively, the “Pennsylvania Mine Complex”);

WHEREAS, in connection with the initial public offering of the Partnership, all of the ownership interests of CTH were contributed to
the Partnership; and 
 WHEREAS, effective as of the Effective Date, as further described in this Agreement, the Owning Parties
desires to contribute, assign, transfer, convey and deliver to CTH, and CTH desires to receive and accept from the Owning Parties, an undivided 6.25% of the Owning Parties right, title and interest in and to the Pennsylvania Mine Complex, which
represents an aggregate 5% undivided interest in and to the Pennsylvania Mine Complex, in exchange for the consideration set forth in Section 2.2, all as set forth in this Agreement. 

NOW, THEREFORE, for and in consideration of the mutual promises contained herein, the benefits to be derived by each Party and other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the CONSOL Parties and the Partnership Parties hereby agree as follows: 

  
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 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. 
 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 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 

CONTRIBUTION 

2.1 Contribution. On the terms and conditions contained in this Agreement, the Owning Parties shall, by
delivery of the Assignment, the Deed and the Assignment, Assumption and Bill of Sale to CTH, contribute, assign, transfer, convey and deliver to CTH all of such Owning Party’s right, title and interest in and to the following, less and except
the Excluded Assets (subject to such exclusion, all of the below collectively, the “First Drop Down Assets”): 
 (a)
an aggregate undivided 6.25% interest of each of the Owning Parties’ interest in and to all of the following assets and properties: 

(i) those certain coal, coal reserves and associated coal fee interests: 

(A) within and underlying those certain tracts and parcels of land located within the IPO Area (and those certain tracts or
parcels of land located partially inside and outside the IPO Area that are expressly identified on Exhibit A-2(a)), including those coal fee interests more particularly described on Exhibit A-2(a) (such undivided interest in such coal
fee interests, collectively, the “IPO Coal Fee Interests”), together with, to the extent the Owning Parties may legally transfer, all rights, privileges, benefits and powers conferred upon the holder of the IPO Coal Fee
Interests with respect to the use and occupation of the surface and/or subsurface of the lands covered thereby that may 

  
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be necessary, convenient or incidental to the possession and enjoyment and mining of such IPO Coal Fee Interests, including, without limitation, the right to subside (such interests and
properties described in this Section 2.1(a)(i)(A), collectively, the “IPO Conveyed Fee Interests”); 

(B) within and underlying those certain tracts and parcels of land located within the Alpha Area (and those certain tracts or
parcels of land located partially inside and outside the Alpha Area that are expressly identified on Exhibit A-2(b)), including those coal fee interests more particularly described on Exhibit A-2(b) (such undivided interest in such
coal fee interests, collectively, the “Alpha Coal Fee Interests” together with the IPO Coal Fee Interests, the “Coal Fee Interest”), together with, to the extent the Owning Parties may legally
transfer, all rights, privileges, benefits and powers conferred upon the holder of the Alpha Coal Fee Interests with respect to the use and occupation of the surface and/or subsurface of the lands covered thereby that may be necessary, convenient or
incidental to the possession and enjoyment and mining of such Alpha Coal Fee Interests, including, without limitation, the right to subside (such interests and properties described in this Section 2.1(a)(i)(B), collectively, the
“Alpha Conveyed Fee Interests” and together with the IPO Conveyed Fee Interests, the “Conveyed Fee Interests”); 

(ii) those certain coal leases located within and underlying those certain tracts or parcels of land located: 

(A) in the IPO Area (and those certain tracts or parcels of land located partially inside and outside the IPO Area that are
expressly identified on Exhibit A-3(a)), including those coal leases more particularly described on Exhibit A-3(a) (such undivided interest in such coal leases, collectively, the “IPO Coal Leases”), together
with, to the extent they may be assigned, all rights, privileges, benefits and powers conferred upon the holder of the IPO Coal Leases with respect to the use and occupation of the surface and/or subsurface of the lands covered thereby that may be
necessary, convenient or incidental to the possession and enjoyment and mining of such IPO Coal Leases, including, without limitation, the right to subside (such interests and properties described in this Section 2.1(a)(ii)(A), collectively,
the “IPO Conveyed Lease Interests”); 
 (B) in the Alpha Area (and those certain tracts or parcels of
land located partially inside and outside the Alpha Area that are expressly identified on Exhibit A-3(b)), including those coal leases more particularly described on Exhibit A-3(b) (such undivided interest in such coal leases,
collectively, the “Alpha Coal Leases” and together with the IPO Coal Leases, the “Coal Leases”), together with, to the extent they may be assigned, all rights, privileges, benefits and powers conferred
upon the holder of the Alpha Coal Leases with respect to the use and occupation of the surface and/or subsurface of the lands covered thereby that may be necessary, convenient or incidental to the possession and enjoyment and mining of such Coal
Leases, including, without limitation, the right to subside (such interests and properties described in this Section 2.1(a)(ii)(B), collectively, the “Alpha Conveyed Lease Interests” and together with the IPO Conveyed
Lease Interests, the “Conveyed Lease Interests”); 

  
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 (iii) those certain surface tracts of land (A) more particularly described on Exhibit A-4
and/or (B) lying within the Subject Surface Area (such undivided interest in the foregoing, collectively, the “Surface Fee Interests”); 

(iv) to the extent assignable, all servitudes, easements, rights-of-way, surface use agreements, water access and water use agreements and
other similar surface use or water rights, in each case, to the extent primarily used in connection with the ownership or operation of the Conveyed Fee Interests, Conveyed Lease Interests and/or the Mines and Facilities, including those set forth in
Exhibit A-5 (such undivided interest in the foregoing, collectively, the “Coal ROWs”);
 (v) the mines and
all buildings, structures, facilities, fixtures and/or improvements located on the Coal Fee Interests, the Coal Leases or any Coal ROW, or located in the IPO Area or the Alpha Area, to the extent primarily used in connection with the ownership or
operation of the Conveyed Fee Interests and/or the Conveyed Lease Interests (such undivided interest in the foregoing assets, collectively, the “Mines and Facilities” and together with the Conveyed Fee Interests, the Conveyed
Lease Interests, Surface Fee Interests and the Coal ROWs, the “Coal Real Property”);
 (vi) the raw and clean coal
produced from the Coal Real Property, wherever located, including in storage or existing in piles, mines, silos, belts, plants, train cars, barges, ships, equipment and/or other facilities (such undivided interest in the foregoing assets,
collectively, the “Coal Inventory”); 
 (vii) to the extent assignable, all Contracts to the extent and only to the
extent such Contracts pertain to any of the other Contributed Assets and that will be binding on or beneficial to CTH following the execution of the Assignment, the Deed and the Assignment, Assumption and Bill of Sale, as applicable, including those
Contracts set forth on Exhibit A-6 (subject to such exclusion, such interest in such Contracts, collectively, the “Applicable Contracts”); and 

(viii) the beneficial interest held by the Owning Parties in the Operator Assets;

(b) to the extent assignable and otherwise not previously contributed, assigned and transferred and to the extent, and only to the extent,
related to the other First Drop Down Assets: 
 (i) all claims and causes of action of the Owning Parties arising under or with respect to
any Applicable Contracts (including claims for adjustments or refunds); and 
 (ii) all rights of the Owning Parties to manufacturers’
and contractors’ warranties and indemnities; and 
 (c) an aggregate undivided 25% interest of each of the Owning Parties’
interest in and to those certain leases, surface rights, rights of way, rights of access and other real property interests set forth on Exhibit A-7; 

(d) all audit rights arising under any of the Applicable Contracts to the extent and only to the extent pertaining to periods from and after
the Effective Date. 

  
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 2.2 Consideration. On the terms and conditions contained in this
Agreement, in exchange for the Owning Parties’ contribution to CTH of the Owning Parties’ right, title and interest in and to the First Drop Down Assets pursuant to Section 2.1, the Partnership shall (a) pay to
CEI (or one or more of its designees) an amount in cash equal to $21,500,000 (the “Cash Consideration”) by wire transfer in same day funds to the account(s) designated by CEI in writing prior to Closing, a portion of which,
to the maximum extent possible, is to reimburse the Owning Parties for certain capital expenditures incurred by the Owning Parties with respect to the First Drop Down Assets pursuant to Treasury Regulation Section 1.707-4(d), and (b) issue a number
of Preferred Units to CEI (or one or more of its designees), equal to (i) $67,300,000 divided by (ii) the product of (A) 1.15 multiplied by (B) the volume weighted average trading price of Common Units (as defined in the Second Amended
and Restated Agreement of Limited Partnership) for the 15 trading days immediately preceding the Effective Date (the “Equity Consideration”). 

2.3 Revenues and Expenses. CTH shall have the benefit from and the obligation for, including with regard to
revenues and expenses, the First Drop Down Assets from and after the Effective Date. In the event any Party (a) receives any revenues belonging to another Party or (b) pays any expenses on behalf of another Party, in each case, with regard to
the First Drop Down Assets, such Party shall promptly notify the applicable Party, and the owing Party shall promptly make payment to the owed Party. 

2.4 Additional Contracts. The Parties acknowledge and agree that no interest in and to the Additional
Contracts (a) was assigned pursuant the IPO Asset Contribution Agreement and (b) is being assigned at Closing. To the extent, and only to the extent, the Additional Contracts relate to the ownership and/or operation of the Pennsylvania Mine
Complex, from and after Closing, the Parties agree that in addition to the 20% of the Owning Parties’ obligations and benefits under the Additional Contracts that CTH assumed in connection with closing of the transaction contemplated by the IPO
Asset Contribution Agreement, CTH shall assume and be responsible for an additional 5% of the Owning Parties’ obligations, and be entitled to an additional 5% of the Owning Parties’ benefits, arising under the Additional Contracts. To
the extent necessary for the ownership and operation of the Pennsylvania Mine Complex, from and after Closing, the Owning Parties shall maintain the Additional Contracts for the mutual benefit of the Parties. 

ARTICLE III 

REPRESENTATIONS AND WARRANTIES 

3.1 CONSOL Parties’ Representations. Each CONSOL Party severally, and not
jointly, represents and warrants to the Partnership Parties the following: 
 (a) Such CONSOL Party is duly formed, validly existing and in
good standing under the Laws of its state of formation and is duly qualified to do business in each jurisdiction in which it carries on business or owns assets. 

(b) Such CONSOL Party has the requisite power to enter into and perform its obligations under this Agreement and each Closing Document to
which such CONSOL Party is a party and to consummate the transactions contemplated by this Agreement and the Closing Documents. 

  
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 (c) The execution, delivery and performance of this Agreement and all Closing Documents required
to be executed and delivered by such CONSOL Party, and the performance by such CONSOL Party of the transactions contemplated hereby and thereby, have been duly and validly authorized by all necessary corporate, limited liability company or
partnership (as applicable) action on the part of such CONSOL Party. This Agreement has been duly executed and delivered by each such CONSOL Party (and upon Closing, all Closing Documents required hereunder to be executed and delivered by such
CONSOL Party at Closing will be duly executed and delivered by such CONSOL Party) and this Agreement constitutes, and at the Closing such Closing Documents will constitute, the valid and binding obligations of such CONSOL Party, enforceable in
accordance with their terms except as such enforceability may be limited by applicable bankruptcy or other similar Laws affecting the rights and remedies of creditors generally as well as by general principles of equity (regardless of whether such
enforceability is considered in a proceeding in equity or at Law). 
 (d) Assuming the receipt of all Consents and Customary Post-Closing
Consents, the execution, delivery and performance by such CONSOL Party of this Agreement and the Closing Documents required to be executed and delivered by such CONSOL Party at Closing, and the transactions contemplated by this Agreement and such
Closing Documents, will not (i) violate any provision of the organizational documents of such CONSOL Party, (ii) result in a default (with due notice or lapse of time or both), or the creation of any lien or encumbrance under or give rise to any
right of termination, cancellation or acceleration under any lease, contract, note, bond, mortgage, indenture, license or other agreement to which such CONSOL Party is a party or that is, or that affects, a First Drop Down Asset, (iii) violate any
judgment, order, ruling or decree applicable to such CONSOL Party as a party in interest or (iv) violate any Laws applicable to such CONSOL Party or any of the First Drop Down Assets, except for any matters described in subsection (ii) above which
would not have, individually or in the aggregate, a Sponsor Material Adverse Effect. 
 (e) There are no pending or, to the knowledge of the
CONSOL Parties, threatened claims, fines, actions, suits, demands, investigations or proceedings or any arbitration or binding dispute resolution proceeding (collectively, “Proceedings”) against any CONSOL Party or against or
affecting the First Drop Down Assets or the ownership of the First Drop Down Assets that (i) would individually, or in the aggregate, have a Sponsor Material Adverse Effect or (ii) seek any material injunctive relief with respect to the
First Drop Down Assets. Except as would not, individually or in the aggregate, have a Sponsor Material Adverse Effect, (x) no CONSOL Party is the subject of any violation of or default under any law or regulation or under any order of any
Governmental Authority and (y) there are no Proceedings pending or, to the knowledge of the CONSOL Parties, threatened against or affecting the First Drop Down Assets or the ownership thereof, at law or in equity, by or before any Governmental
Authority having jurisdiction over the CONSOL Parties. Except as would not, individually or in the aggregate, have a Sponsor Material Adverse Effect, no Proceedings are pending or, to the knowledge of the CONSOL Parties, threatened to which any
CONSOL Party is or may become a party that questions or involves the validity or enforceability of any of its obligations under this Agreement or seeks to prevent or delay, or damages in connection with, the consummation of the transactions
contemplated hereby. For the avoidance of doubt, this Section 3.1(e) does not apply to any environmental matters. 

  
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 (f) Over the course of the negotiation and review of the contribution described in Section
2.1, the CONSOL Parties and representatives of certain of their Affiliates have provided various materials to the Conflicts Committee (including to the Financial Advisor) as part of the Conflicts Committee’s review of such contribution,
including various presentations and financial models and including all updates and revisions to such materials (all such materials, collectively, the “Conflicts Committee Information”). With respect to the Conflicts
Committee Information the projections, budgets and other forward-looking information included in the Conflicts Committee Information, when taken as a whole and considering all updates and revisions, have a reasonable basis, were prepared in good
faith and are consistent with the expectations of the management of the CONSOL Parties and their Affiliates as of the Effective Date. 
 (g)
Since July 7, 2015, there has been no Sponsor Material Adverse Effect with respect to the CONSOL Parties. 
 (h) CEI (or its designee that
receives the Equity Consideration) is an “accredited investor,” as such term is defined in Regulation D of the Securities Act of 1933, as amended, and will acquire the Equity Consideration for its own account and not with a view to a sale
or distribution thereof in violation of the Securities Act, and the rules and regulations thereunder, any applicable state blue sky Laws or any other applicable securities Laws. CEI (or its designee that receives the Equity Consideration) has
such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Preferred Units to be acquired hereby. CEI (or its designee that receives the Equity Consideration)
acknowledges that the Preferred Units have not been registered under applicable federal and state securities Laws and that the Preferred Units may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of unless such
transfer, sale, assignment, pledge, hypothecation or other disposition is registered under applicable federal and state securities Laws or is made pursuant to an exemption from registration under any federal or state securities Laws. 

(i) Neither the CONSOL Parties nor any of its Affiliates has entered, directly or indirectly, into any contract or arrangement with any Person
that would obligate the Partnership Parties to pay any commission, brokerage or “finder’s fee” or other fee in connection with this Agreement, the Closing Documents or the transactions contemplated hereby or thereby. 

(j) To the Knowledge of the Owning Parties, the Owning Parties are, with respect to such Owning Parties’ ownership of the First Drop Down
Assets (i) in compliance with all applicable Laws and (ii) have not received written notification from any applicable Governmental Authority that it is not in compliance with any applicable Laws, in each case except where failure to be in compliance
would not, individually or in the aggregate, have a Sponsor Material Adverse Effect. 
 (k) Subject to bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium and similar Laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity, each of the Applicable Contract represents the

  
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legal, valid and binding obligation of an Owning Party (as applicable) and, to the Knowledge of the Owning Parties, represents the legal, valid and binding obligation of the other parties
thereto, in any case, enforceable in accordance with its terms. Neither the Owning Parties nor, to the Knowledge of the Owning Parties, any other party is in breach of any Applicable Contract, except where such breach would not, individually or in
the aggregate, have a Sponsor Material Adverse Effect. To the Knowledge of the Owning Parties, none of the Owning Parties has received any written notice of a breach of any Applicable Contract where such breach would not, individually or in the
aggregate, have a Sponsor Material Adverse Effect. 
 (l) No Owning Party (i) is subject to any Proceeding before a Governmental Authority
with respect to a violation of Environmental Law, (ii) to the Knowledge of the Owning Parties, has received any written notice from a Governmental Authority or Third Party with respect to any violation of Environmental Law and (iii) to the Knowledge
of the Owning Parties, is in violation of Environmental Law, in each case, that individually would have a Sponsor Material Adverse Effect. For the avoidance of doubt, this Section 3.1(l) is the sole and exclusive representation and warranty
with respect to any environmental matters. 
 3.2 Partnership Parties’
Representations. Each Partnership Party severally, and not jointly, hereby represents and warrants to the CONSOL Parties the following: 

(a) Such Partnership Party is duly formed, validly existing and in good standing under the Laws of its state of formation and is duly
qualified to do business in each jurisdiction in which it carries on business or owns assets. 
 (b) Each Partnership Party has the
requisite power to execute and deliver this Agreement and the Closing Documents, to perform its obligations hereunder and thereunder and to consummate the transactions contemplated by this Agreement. 

(c) The execution, delivery and performance of this Agreement and all Closing Documents required to be executed and delivered by such
Partnership Party, and the performance by such Partnership Party of the transactions contemplated hereby and thereby, have been duly and validly authorized by all necessary limited liability company, corporate or partnership (as applicable) action
on the part of such Partnership Party. This Agreement has been duly executed and delivered by such Partnership Party (and upon Closing, all Closing Documents required hereunder to be executed and delivered by such Partnership Party at Closing
will be duly executed and delivered by such Partnership Party) and this Agreement constitutes, and at the Closing such Closing Documents will constitute, the valid and binding obligations of such Partnership Party, enforceable in accordance with
their terms except as such enforceability may be limited by applicable bankruptcy or other similar Laws affecting the rights and remedies of creditors generally as well as by general principles of equity (regardless of whether such enforceability is
considered in a proceeding in equity or at Law). 
 (d) The execution, delivery and performance by such Partnership Party of this Agreement,
and the transactions contemplated by this Agreement and all Closing Documents, will not (i) violate any provision of the organizational documents of such Partnership Party, (ii) result in a material default (with due notice or lapse of time or both)
or the creation of any lien or encumbrance or give rise to any right of termination, cancellation or acceleration under any of 

  
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the terms, conditions or provisions of any note, bond, mortgage, indenture, license or agreement to which such Partnership Party is a party, (iii) violate any judgment, order, ruling, or
regulation applicable to such Partnership Party as a party in interest or (iv) violate any Laws applicable to such Partnership Party or any of its assets, except any matters described in subsection (ii) above which would not have a material adverse
effect, individually or in the aggregate (as compared to the value, ownership, operations or physical condition of the First Drop Down Assets, as applicable, at the Effective Date), on such Partnership Party or its ability to consummate the
transactions contemplated hereby. 
 (e) There are no pending or, to the knowledge of the Partnership Parties, threatened Proceedings
against any Partnership Group Member that would individually, or in the aggregate, have a Partnership Material Adverse Effect. Except as would not, individually or in the aggregate, have a Partnership Material Adverse Effect, no Partnership
Group Member is the subject of any violation of or default under any law or regulation or under any order of any Governmental Authority. Except as would not, individually or in the aggregate, have a Partnership Material Adverse Effect, no
Proceedings are pending or, to the knowledge of the Partnership Parties, threatened to which any Partnership Group Member is or may become a party that questions or involves the validity or enforceability of any of its obligations under this
Agreement or seeks to prevent or delay, or damages in connection with, the consummation of the transactions contemplated hereby. 
 (f) The
Financial Advisor has delivered an opinion to the Conflicts Committee that the consideration to be paid by CTH as consideration for the First Drop Down Assets pursuant to this Agreement is fair, from a financial point of view, to the Partnership and
to the holders of common units representing limited partner interests in the Partnership, other than CEI, the General Partner, the Owning Parties and their affiliates.

(g) Prior to Closing, the Preferred Units to be issued by the Partnership under this Agreement, and the limited partner interests represented
thereby, will have been duly authorized for issuance to CEI in accordance with this Agreement and the Second Amended and Restated Partnership Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of
the consideration set forth herein, will be validly issued, fully paid (to the extent required under the Second Amended and Restated Partnership Agreement) and non-assessable (except as such non-assessability may be affected by Sections 17-303,
17-607 or 17-804 of the Delaware Revised Uniform Limited Partnership Act).
 (h) CTH will have at Closing sufficient cash to enable it to
make payment in immediately available funds of the Cash Consideration when due and any other amounts to be paid by it hereunder, subject to the availability of such funds under the current terms of its existing credit facility. 

(i) CTH is an “accredited investor,” as such term is defined in Regulation D of the Securities Act of 1933, as amended, and will
acquire the First Drop Down Assets for its own account and not with a view to a sale or distribution thereof in violation of the Securities Act, and the rules and regulations thereunder, any applicable state blue sky Laws or any other applicable
securities Laws. 

  
 9 

 (j) CTH is sophisticated in the evaluation, purchase, ownership and operation of coal properties
and related facilities.
 ARTICLE IV 

COVENANTS 

4.1 Records. The CONSOL Parties shall use commercially reasonable efforts to make available or deliver to the
Partnership Parties all of the Records not previously delivered as soon as practicable after the Closing Date. Notwithstanding the foregoing or any other provision in this Agreement to the contrary, from and after Closing, the CONSOL Parties may
retain a copy of any or all of the Records. 
 4.2 [Reserved].

4.3 Consents.

(a) With respect to each Consent that is required with regard to the First Drop Down Assets to consummate the transactions contemplated by the
Closing Documents, if any, prior to Closing, (i) the CONSOL Parties have sent to the holder of each such Consent (other than a Customary Post-Closing Consent or a Permit Consent) a notice in compliance with the contractual provisions applicable to
such Consent seeking such holder’s consent to the transactions contemplated hereby and (ii) except as set forth in Section 4.3(b) and Section 4.3(c) below, each such Consent (other than a Customary Post-Closing Consent or a Permit
Consent) has been received by the Owning Parties. 
 (b) The Parties acknowledge and agree that (i) each of the Consents set forth on
Schedule 4.3(b) (the “Pending IPO Consents”) were sent to the holder of each such Consent pursuant to Section 4.3 of the IPO Asset Contribution Agreement and have not been received by the Owning Parties as of the
Effective Date and (ii) that such consent to assign requests covered the transaction contemplated by the IPO Asset Contribution Agreement and the transactions contemplated by this Agreement. In lieu of the Owning Parties taking such actions as
required under Section 4.3 of the IPO Asset Contribution Agreement, the Parties acknowledge and agree that upon receipt of a Pending IPO Consent following Closing, (A) the Owning Parties shall promptly notify the Partnership Parties and (B) the
Owning Parties shall assign, by the tenth Business Day after the Partnership Parties’ receipt of such notice, 25% of the Owning Parties right, title and interest in and to such assets (or portion thereof) that were excluded as a result of such
previously un-obtained Pending IPO Consent to CTH pursuant to an instrument in substantially the same form as the Assignment, the Deed and/or the Assignment, Assumption and Bill of Sale, as applicable. 

(c) The Parties acknowledge and agree that the Consent required by that certain Agreement for Termination of Lease and Division of Subleases
among Conrhein Coal Company, Penn Central Properties, Inc., Consolidation Coal Company, Royal Land Company, and The Penn Central Corporation, whereby the Pittsburgh Seam of coal and mining rights within and underlying certain tracts of land in
Greene County, Pennsylvania, were leased to Conrhein, with a Memorandum of Lease and Sublease dated December 19, 1986, recorded in said county in Vol. 47, at Page 999 (the “Pending First Drop Down Consent” and together with
the Pending IPO 

  
 10 

 
Consents, the “Pending Consents”) were sent to the holder of such Consent and have not been received by the Owning Parties as of the Effective Date. Upon receipt of a
Pending First Drop Down Consent following Closing, (i) the Owning Parties shall promptly notify the Partnership Parties and (ii) the Owning Parties shall assign, by the tenth Business Day after the Partnership Parties’ receipt of such notice,
6.25% of the Owning Parties’ right, title and interest in and to such assets (or portion thereof) that were excluded as a result of such previously un-obtained Pending First Drop Down Consent to CTH pursuant to an instrument in substantially
the same form as the Assignment, the Deed and/or the Assignment, Assumption and Bill of Sale, as applicable. 
 (d) Until any such Pending
Consent is obtained or waived, the Parties shall cooperate with each other in any reasonable and lawful arrangements designed to provide to CTH the benefit of, and the burdens of the Assumed Obligations with respect to, such assets (or portion
thereof) that were excluded as a result of such previously un-obtained Pending Consent. 
 (e) The CONSOL Parties shall use their
commercially reasonable efforts, with reasonable assistance from the Partnership Parties (including the Partnership Parties providing assurances of financial condition and operator qualifications as reasonably requested), to obtain all Pending
Consents. 
 (f) The Parties acknowledge and agree that the CONSOL Parties shall not seek Customary Post-Closing Consents until after the
Closing Date. Promptly after the Closing Date, the CONSOL Parties and CTH will actively pursue all consents and approvals that may be reasonably required in connection with the transactions contemplated by this Agreement that have not been
obtained prior to Closing, including with respect to obtaining Customary Post-Closing Consents, and shall take any and all actions reasonably required by any Governmental Authority in order to obtain such unconditional approval, including the
posting by CTH of any and all bonds or other security that may be required. 
 4.4 [Reserved](a) .

4.5 Required Notices. With respect to each Pre-Closing Required Notice, prior to Closing, the CONSOL Parties
shall have sent to the applicable Person a notice in compliance with the contractual provisions applicable to such Pre-Closing Required Notice notifying such Person of the transactions contemplated hereby. With respect to each Post-Closing
Required Notice, within the time period provided in the instrument creating such Post-Closing Required Notice, the CONSOL Parties shall send to the applicable Person a notice in compliance with the contractual provisions applicable to such
Post-Closing Required Notice notifying such Person of the transactions contemplated hereby. The Parties acknowledge and agree that the Delayed Coal Leases shall not be assigned to CTH at Closing. Promptly following expiration of the notice
of assignment period for each of the Delayed Coal Leases, the CONSOL Parties shall assign to CTH an undivided 6.25% of each of the CONSOL Parties’ right, title and interest in and to the Delayed Coal Leases using an assignment
substantially in the form of the Assignment. 
 4.6 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. 

  
 11 

 4.7 Affiliate ROWs.

(a) The Parties acknowledge and agree that pursuant to Section 4.7 of the IPO Asset Contribution Agreement, (i) certain Coal ROWs, or lands
for which a Coal ROW should be granted, were, as of the closing of the IPO Asset Contribution Agreement, owned by Affiliates of the Owning Parties, including, without limitation, certain Coal ROWs, or lands for which a Coal ROW should be granted,
related to (A) the Majorsville and Lagonda Powerlines, (B) the Bailey Overland Beltline, (C) Bailey Rail Line, (D) the Bailey Discharge Line, (E) the Enlow Overland Beltline, and (F) the Oaksprings Waterline, Farmers Lane Tank to Washington Dams
Waterline and Washington to McQuay Waterline (collectively, the “Affiliate ROWs”) and (ii) following the closing of the IPO Asset Contribution Agreement, the Owning Parties were obligated to acquire all applicable Coal ROWs,
including the Affiliate ROWs, from their Affiliates and assign an undivided 20% interest in such Coal ROWs to CTH. The Parties further acknowledge and agree that as of the Effective Date, such Coal ROWs have not yet been acquired by the Owning
Parties nor has CTH been assigned its undivided interest therein.
 (b) In lieu of the Owning Parties taking such actions as required under
Section 4.7 of the IPO Asset Contribution Agreement, the Parties acknowledge and agree that (i) within 180 Days following Closing, the Owning Parties shall acquire from their Affiliates all Coal ROWs, or cause such Affiliates to grant all applicable
Coal ROWs to the Owning Parties, to the extent, and only to the extent, primarily used in the ownership and/or operation of the Coal Real Property, including the Affiliate ROWs, and the Owning Parties shall each assign to CTH an undivided 25% of
their right, title and interest in and to such Coal ROWs using a form of assignment substantially in the form of the Assignment and (ii) following such assignment contemplated by this Section 4.7, the Owning Parties shall be deemed to have
satisfied their obligations required under Section 4.7 of the IPO Asset Contribution Agreement. 
 4.8 Conservation
Easement.
 (a) The Parties acknowledge and agree that pursuant to Section 4.8 of the IPO Asset Contribution Agreement, (i) CPCC was
in the process of negotiating the granting of a conservation easement and/or the transfer of surface rights with a reservation of an easement by the Owning Parties to be entered into with the Western Pennsylvania Conservancy in connection with
Permit No. 30841316 related to the Bailey Overland Belt (the “Conservation Easement”) and (ii) to avoid delaying the negotiation and/or execution of the Conservation Easement, the Owning Parties did not assign to CTH any
rights in the Conservation Easement (nor, if applicable, any interest in any properties that will be servient to the Conservation Easement following its execution (collectively, the “Conservation Easement
Properties”)). The Parties further agree that as of the Effective Date, CPCC is still in the process of negotiating the execution of the Conservation Easement.

(b) In lieu of the Owning Parties taking such actions as required under Section 4.8 of the IPO Asset Contribution Agreement, the Parties
acknowledge and agree that following execution of the Conservation Easement, the Owning Parties shall each (i) promptly assign to 

  
 12 

 
CTH an undivided 25% of their right, title and interest in and to all of the Conservation Easement Properties using a form of deed substantially in the form of the Deed and/or a form of
assignment substantially in the form of the Assignment, as applicable, and (ii) upon assignment of the Permits as provided in Section 4.2 of the IPO Asset Contribution Agreement, assign to CTH all of their right, title and interest in and to the
Conservation Easement, save and except a beneficial interest retained by each of the Owning Parties in an amount equal to the percentage ownership interest of each such Party in the Pennsylvania Mine at such time. 

ARTICLE V 
 RESERVED

 ARTICLE VI 

CLOSING 
 6.1
Closing.
 (a) Subject to the terms and conditions stated in this Agreement, the consummation of transactions described in
Section 2.1 and Section 2.2 and conducted pursuant to this Agreement (the “Closing”), shall occur on September 30, 2016 (the “Closing Date”).

(b) At the Closing, the following documents shall be delivered and the following events shall occur, the execution of each document and the
occurrence of each event being a condition precedent to the others and each being deemed to have occurred simultaneously with the others: 

(i) the Owning Parties, as applicable, and CTH shall execute, acknowledge and deliver the Assignment and the Deed, in
sufficient number as CTH may reasonably require to facilitate appropriate recording; 
 (ii) the Owning Parties, as
applicable, and CTH shall execute and deliver original executed copies of the Assignment, Assumption and Bill of Sale; 

(iii) the General Partner shall execute, and the Partnership shall enter into, the Second Amended and Restated Partnership
Agreement; 
 (iv) the CONSOL Parties and the Partnership Parties shall execute and deliver original executed copies of the
Omnibus Agreement; 
 (v) the Owning Parties and CTH shall execute and deliver original executed copies of the Operating
Agreement Amendment; 
 (vi) the Partnership and CEI shall execute and deliver original executed copies of the Registration
Rights Agreement; 
 (vii) the Partnership will deliver (or cause to be delivered) the Cash Consideration, by wire transfer
of immediately available funds to the account(s) designated in writing by CEI; 

  
 13 

 (viii) the Partnership shall issue the Equity Consideration to CEI (or one or
more of its designees); and 
 (ix) the CONSOL Parties and the Partnership Parties shall execute and deliver all documents
reasonably requested by CTH in order to transfer ownership and operation of the First Drop Down Assets to CTH, including any such documents that may be required to be filed with any applicable Governmental Authority. 

ARTICLE VII 

INDEMNIFICATION; ASSUMPTION; DISCLAIMERS 

7.1 Indemnification of the CONSOL Parties. From and after the Closing Date, subject to the other provisions
of this Article VII, the Partnership Parties, jointly and severally, shall indemnify and hold the CONSOL Parties and their respective Affiliates, directors, officers, employees, agents and representatives (together with the CONSOL Parties,
the “CONSOL Indemnitees”) harmless from and against any and all damages (including exemplary damages and penalties), losses, deficiencies, costs, expenses, obligations, fines, expenditures, claims and liabilities, including
reasonable counsel fees and reasonable expenses of investigation, defending and prosecuting litigation (collectively, the “Damages”), suffered by the CONSOL Indemnitees as a result of, caused by, arising out of, or in any way
relating to (a) any breach of a representation or warranty of the Partnership Parties contained in this Agreement or (b) any breach of any agreement or covenant contained in this Agreement on the part of the Partnership Parties. 

7.2 Indemnification of the Partnership Parties. From and after the Closing Date, subject to the other provisions
of this Article VII, the CONSOL Parties shall, jointly and severally, indemnify and hold the Partnership Parties and their respective Affiliates, directors, officers, employees, agents and representatives (together with the Partnership
Parties, the “Partnership Parties Indemnitees”) harmless from and against any and all Damages suffered by the Partnership Parties Indemnitees as a result of, caused by, arising out of, or in any way relating to (a) any breach
of a representation or warranty of the CONSOL Parties contained in this Agreement or (b) any breach of any agreement or covenant contained in this Agreement on the part of the Partnership Parties. 

7.3 Indemnification Procedures.

(a) The Indemnified Party agrees that within a reasonable period of time after it becomes aware of facts giving rise to a claim for
indemnification under this Article VII, it will provide notice thereof in writing to the Indemnifying Party, specifying the nature of and specific basis for such claim provided that the failure of any Indemnified Party to give such notice
shall not relieve the Indemnifying Party of its obligations or liabilities pursuant to this Agreement, except (and only) to the extent that it shall be finally determined by a court of competent jurisdiction (which determination is not subject to
appeal or further review) that such failure shall have adversely prejudiced the Indemnifying Party. 
 (b) The Indemnifying Party shall have
the right to control all aspects of the defense of (and any counterclaims with respect to) any claims brought against the Indemnified Party that are 

  
 14 

 
covered by the indemnification under this Article VII, including the selection of counsel, determination of whether to appeal any decision of any court and the settling of any such claim
or any matter or any issues relating thereto; provided, however, that no such settlement shall be entered into without the consent of the Indemnified Party unless it includes a full unconditional release of the Indemnified Party from all liability
with respect to such claim and does not contain any admission of wrongdoing or illegal conduct; provided, further, that no such settlement containing any form of injunctive or similar relief shall be entered into without the prior written consent of
the Indemnified Party, which consent shall not be unreasonably delayed or withheld; and, provided, further, that an Indemnified Party shall have the right to employ separate counsel in any such claim and to participate in the defense thereof, but
the fees and expenses of such counsel shall be at the expense of such Indemnified Party unless: (i) the Indemnifying Party shall have failed promptly to assume the defense of such claim; or (ii) the named parties to any such claim (including any
impleaded parties) include both such Indemnified Party and the Indemnifying Party. 
 (c) The Indemnified Party agrees to cooperate in good
faith and in a commercially reasonable manner with the Indemnifying Party with respect to all aspects of the defense of and pursuit of any counterclaims relating to any claims covered by the indemnification under this Article VII, including
the prompt furnishing to the Indemnifying Party of any correspondence or other notice relating thereto that the Indemnified Party may receive, permitting the name of the Indemnified Party to be utilized in connection with such defense and
counterclaims (provided, that the Indemnified Party has an opportunity to review the use of its name and does not reasonably object to such use), the making available to the Indemnifying Party of any files, records or other information of the
Indemnified Party that the Indemnifying Party considers relevant to such defense and counterclaims, the making available to the Indemnifying Party of any employees of the Indemnified Party and the granting to the Indemnifying Party of reasonable
access rights to the properties and facilities of the Indemnified Party; provided, however, that in connection therewith the Indemnifying Party agrees to use reasonable efforts to minimize the impact thereof on the operations of the
Indemnified Party and further agrees to maintain the confidentiality of all files, records and other information furnished by the Indemnified Party pursuant to this Section 7.3. The obligation of the Indemnified Party to cooperate with
the Indemnifying Party as set forth in the immediately preceding sentence shall not be construed as imposing upon the Indemnified Party an obligation to hire and pay for counsel in connection with the defense of any claims and pursuit of any
counterclaims with respect to any claims covered by the indemnification set forth in this Article VII; provided, however, that the Indemnified Party may, at its own option, cost and expense, hire and pay for counsel in connection with any
such defense and counterclaims. The Indemnifying Party agrees to keep any such counsel hired by the Indemnified Party informed as to the status of any such defense or counterclaim, but the Indemnifying Party shall have the right to retain sole
control over such defense and counterclaims so long as the Indemnified Party is still seeking indemnification hereunder. 
 (d) In
determining the amount of any loss, cost, damage or expense for which the Indemnified Party is entitled to indemnification under this Agreement, the gross amount of the indemnification will be reduced by (i) any insurance proceeds realized by
the Indemnified Party, and such correlative insurance benefit shall be net of any incremental insurance premium that becomes due and payable by the Indemnified Party as a result of such claim and (ii) all amounts recovered by the Indemnified
Party under contractual indemnities from third Persons. 

  
 15 

 7.4 Limitations Regarding Indemnification. 

(a) The CONSOL Parties shall not be obligated to indemnify, defend and hold harmless the Partnership Parties until such time as the total
aggregate amount of Damages incurred by the Partnership Group for such Damages exceeds $880,000 (the “Deductible”), at which time the CONSOL Parties shall be obligated to indemnify the Partnership Group for the amount of such
Damages in excess of the Deductible; provided, however, that the CONSOL Parties shall not be liable for Damages pursuant to Section 7.1 (but not including Damages for breaches of Fundamental Representations) that exceed, in the
aggregate, $8,800,000 (the “Cap”). 
 (b) The Partnership Parties shall not be obligated to indemnify, defend and
hold harmless the CONSOL Parties, until such time as the total aggregate amount of Damages incurred by the CONSOL Parties for such Damages exceeds the Deductible, at which time the Partnership Parties shall be obligated to indemnify the CONSOL
Parties for the amount of such Damages in excess of the Deductible; provided, however, that the Partnership Parties shall not be liable for Damages that exceed, in the aggregate, the Cap. 

(c) The liability of the CONSOL Parties for the breach of any of the representations and warranties of the CONSOL Parties set forth in
Section 3.1 other than the Fundamental Representations shall be limited to claims for which the Partnership Parties deliver written notice to the CONSOL Parties on or before the date that is 18 months after the Closing Date. The
indemnity of the CONSOL Parties for the breach of any of the representations and warranties of the CONSOL Parties set forth in Section 3.1(a), Section 3.1(b), Section 3.1(c) and Section 3.1(i) (the “Fundamental
Representations”) shall survive indefinitely or until the latest date permitted by Law. The liability of the CONSOL Parties for failure to perform any of the covenants described in Article IV shall be limited to claims for which
the Partnership Parties deliver written notice to the CONSOL Parties on or before the date CONSOL fully performs its obligations under those covenants. The liability of the CONSOL Parties for Damages for claims related to or arising from breach
of the covenants described in Section 8.1 shall be limited to claims for which the Partnership Parties deliver written notice to the CONSOL on or before the date that is 90 days after the expiration of the applicable statute of limitations.

 (d) The liability of the Partnership Parties for the breach of any of the representations and warranties of the Partnership Parties set
forth in Section 3.2 shall be limited to claims for which the CONSOL Parties deliver written notice to the Partnership Parties on or before the date that is 18 months after the Closing Date. 

(e) For purposes of determining the amount of Damages, with respect to any asserted claim for indemnification by the Partnership Parties, such
determination shall be made without regard to any qualifier as to “material,” “materiality” or Sponsor Material Adverse Effect expressly contained in Section 3.1. 

(f) NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, A PARTY’S INDEMNIFICATION OBLIGATIONS CONTAINED IN THIS AGREEMENT

  
 16 

 
SHALL BE LIMITED, TO THE FULLEST EXTENT PERMITTED BY LAW, TO ACTUAL DIRECT DAMAGES AND SHALL NOT INCLUDE ANY OTHER LOSS OR DAMAGE, INCLUDING INDIRECT, SPECIAL, CONSEQUENTIAL, INCIDENTAL,
EXEMPLARY OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, PRODUCTION OR REVENUES, AND EACH PARTY EXPRESSLY RELEASES THE OTHER PARTY FROM ALL SUCH CLAIMS FOR LOSS OR DAMAGE OTHER THAN ACTUAL DIRECT DAMAGES; PROVIDED THAT LIMITATION TO DIRECT
DAMAGES ONLY SHALL NOT APPLY TO ANY DAMAGE, CLAIM OR LOSS ASSERTED BY OR AWARDED TO THIRD PARTIES AGAINST A PARTY AND FOR WHICH THE OTHER PARTY WOULD OTHERWISE BE RESPONSIBLE UNDER THIS ARTICLE VII. 

7.5 Assumption. Subject to and without limiting the CONSOL Parties’ indemnity obligations set forth in
Article VII and the Omnibus Agreement, CTH shall assume and be responsible for the ownership, use and/or operation of the First Drop Down Assets, except for and excluding the Retained Liabilities, whether related to periods prior to, on or
after the Effective Date (subject to such exclusion, the “Assumed Obligations”). 
 7.6
Disclaimers. 
 (a) EXCEPT AS AND TO THE EXTENT EXPRESSLY SET FORTH IN SECTION 3.1 AND THE ASSIGNMENT,
THE DEED OR THE ASSIGNMENT ASSUMPTION AND BILL OF SALE, AS APPLICABLE, TO THE FULLEST EXTENT PERMITTED BY LAW, (I) NONE OF THE CONSOL PARTIES MAKE ANY REPRESENTATIONS OR WARRANTIES, EXPRESS, STATUTORY OR IMPLIED AND (II) EACH OF THE CONSOL PARTIES
EXPRESSLY DISCLAIMS ALL LIABILITY AND RESPONSIBILITY FOR ANY REPRESENTATION, WARRANTY, STATEMENT OR INFORMATION MADE OR COMMUNICATED (ORALLY OR IN WRITING) TO THE PARTNERSHIP PARTIES OR ANY OF THEIR EMPLOYEES, AGENTS, CONSULTANTS OR REPRESENTATIVES
(INCLUDING ANY OPINION, INFORMATION, PROJECTION OR ADVICE THAT MAY HAVE BEEN PROVIDED TO THE PARTNERSHIP PARTIES BY ANY OFFICER, DIRECTOR, EMPLOYEE, AGENT, CONSULTANT, REPRESENTATIVE OR ADVISOR OF SUCH CONSOL PARTY). 

(b) EXCEPT AS AND TO THE EXTENT EXPRESSLY SET FORTH IN SECTION 3.1 AND THE ASSIGNMENT, THE DEED OR THE
ASSIGNMENT ASSUMPTION AND BILL OF SALE, AS APPLICABLE, TO THE FULLEST EXTENT PERMITTED BY LAW, EACH OF THE CONSOL PARTIES EXPRESSLY DISCLAIMS ANY REPRESENTATION OR WARRANTY, EXPRESS, STATUTORY OR IMPLIED, AS TO (I) TITLE TO ANY OF THE FIRST DROP
DOWN ASSETS, (II) ANY ESTIMATES OF THE VALUE OF THE FIRST DROP DOWN ASSETS OR FUTURE REVENUES GENERATED BY THE FIRST DROP DOWN ASSETS, THE COAL RESERVES IN PLACE OR THE ABILITY TO EXTRACT ANY SUCH COAL RESERVES, (III) THE CONDITION, QUALITY,
SUITABILITY OR MARKETABILITY OF THE FIRST DROP DOWN ASSETS, (IV) THE CONTENT, CHARACTER OR NATURE OF ANY INFORMATION MEMORANDUM, REPORTS, BROCHURES, CHARTS OR STATEMENTS PREPARED BY SUCH CONSOL PARTY 

  
 17 

 
OR THIRD PARTIES WITH RESPECT TO THE FIRST DROP DOWN ASSETS AND (V) ANY OTHER MATERIALS OR INFORMATION THAT MAY HAVE BEEN MADE AVAILABLE TO THE PARTNERSHIP PARTIES OR THEIR EMPLOYEES, AGENTS,
CONSULTANTS, REPRESENTATIVES OR ADVISORS IN CONNECTION WITH THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY DISCUSSION OR PRESENTATION RELATING THERETO. 

(c) EXCEPT AS AND TO THE EXTENT EXPRESSLY SET FORTH IN SECTION 3.1 AND THE ASSIGNMENT, THE DEED OR THE ASSIGNMENT
ASSUMPTION AND BILL OF SALE, AS APPLICABLE, TO THE FULLEST EXTENT PERMITTED BY LAW, EACH OF THE CONSOL PARTIES FURTHER DISCLAIMS ANY REPRESENTATION OR WARRANTY, EXPRESS, STATUTORY OR IMPLIED, OF MERCHANTABILITY, FREEDOM FROM LATENT
VICES OR DEFECTS, FITNESS FOR A PARTICULAR PURPOSE OR CONFORMITY TO MODELS OR SAMPLES OF MATERIALS OF ANY ASSETS OR RIGHTS OF A PURCHASER UNDER APPROPRIATE STATUTES TO CLAIM DIMINUTION OF CONSIDERATION, IT BEING EXPRESSLY UNDERSTOOD AND AGREED BY
THE PARTIES THAT THE PARTNERSHIP PARTIES SHALL BE DEEMED TO BE OBTAINING THE FIRST DROP DOWN ASSETS IN THEIR PRESENT STATUS, CONDITION AND STATE OF REPAIR, “AS IS” AND “WHERE IS” WITH ALL FAULTS OR DEFECTS (KNOWN OR UNKNOWN,
LATENT, DISCOVERABLE OR UNDISCOVERABLE), AND THAT THE PARTNERSHIP PARTIES AND THE CONSOL PARTIES HAVE MADE OR CAUSED TO BE MADE SUCH INSPECTIONS AS SUCH PERSON DEEMS APPROPRIATE. 

(d) EXCEPT AS AND TO THE EXTENT EXPRESSLY SET FORTH IN SECTION 3.1(l), (I) THE CONSOL
PARTIES HAVE NOT MADE ANY REPRESENTATION OR WARRANTY REGARDING ANY MATTER OR CIRCUMSTANCE RELATING TO ENVIRONMENTAL LAWS, THE RELEASE OF MATERIALS INTO THE ENVIRONMENT OR THE PROTECTION OF THE ENVIRONMENT, OR ANY OTHER ENVIRONMENTAL CONDITION OF THE
FIRST DROP DOWN ASSETS, AND NOTHING IN THIS AGREEMENT OR OTHERWISE SHALL BE CONSTRUED AS SUCH A REPRESENTATION OR WARRANTY AND (II) CTH SHALL BE DEEMED TO BE TAKING THE FIRST DROP DOWN ASSETS “AS IS” AND “WHERE IS” WITH ALL
FAULTS FOR PURPOSES OF THEIR ENVIRONMENTAL CONDITION. 
 (e) THE PARTIES AGREE THAT, TO THE EXTENT REQUIRED BY APPLICABLE LAW TO BE
EFFECTIVE, THE DISCLAIMERS OF CERTAIN REPRESENTATIONS AND WARRANTIES CONTAINED IN THIS SECTION 7.6 ARE “CONSPICUOUS” DISCLAIMERS FOR THE PURPOSE OF ANY APPLICABLE LAW. 

(f) 
 7.7
Express Negligence. THE INDEMNIFICATION, RELEASE, ASSUMPTION AND WAIVER PROVISIONS PROVIDED FOR IN THIS AGREEMENT SHALL BE APPLICABLE, TO THE FULLEST EXTENT PERMITTED BY LAW, WHETHER OR NOT

  
 18 

 
THE LIABILITIES IN QUESTION ARISE AS A RESULT OF THE STRICT LIABILITY OR NEGLIGENCE (JOINT, SEVERAL, ACTIVE, PASSIVE, SOLE OR CONCURRENT) OF OR BY ANY INDEMNIFIED PARTY. THE PARTIES
ACKNOWLEDGE THAT THIS STATEMENT COMPLIES WITH THE EXPRESS NEGLIGENCE RULE AND IS CONSPICUOUS. 
 7.8 Exclusive
Remedy. Notwithstanding anything to the contrary contained in this Agreement but subject to the last sentence of this Section 7.8, this Article VII contains the Parties’ exclusive remedy against each other with respect to
breaches of the representations and warranties of the Parties set forth in Article III and the covenants of the Parties set forth in this Agreement. Except for the remedies contained in this Article VII, each of the Parties
releases, remises and forever discharges the other and its Affiliates and all such Persons’ equity holders, partners, members, officers, directors, employees, agents, advisors and representatives from any and all Losses in law or in equity,
known or unknown, which such Parties might now or subsequently may have, based on, relating to or arising out of this Agreement, or the transactions contemplated hereby. Notwithstanding anything to the contrary contained in this Agreement, the
Parties acknowledge and agree that certain indemnification obligations have been set forth in the Omnibus Agreement and nothing contained in this Agreement shall limit such obligations or a Party’s rights to any remedies as set forth therein.

 ARTICLE VIII 

MISCELLANEOUS 

8.1 Taxes. The CONSOL Parties shall be responsible for any transfer, sales, use, real estate transfer,
documentary, stamp, retailer occupation or other similar taxes and all recording fees imposed as a result of the transactions contemplated by this Agreement. Ad valorem tax relating to the First Drop Down Assets for the current tax period shall
be prorated on a daily basis between the CONSOL Parties and CTH, with the CONSOL Parties responsible for the prorated portion of such taxes for such period (for purposes of this Section 7.1, “period” means the period beginning on
the assessment date for ad valorem taxes through the day before the next assessment date for such taxes) up to and including the Closing and CTH responsible for the prorated portion of such taxes after the Closing. The Party that receives the
ad valorem tax billing (the “Billed Party”) shall provide a copy of such billing to the other Party together with a calculation of the prorated ad valorem taxes owed by each Party. The Party that did not receive the ad
valorem tax billing shall pay its prorated portion of the ad valorem taxes to the Billed Party prior to the due date of such taxes and the Billed Party shall be responsible for the timely payment of the ad valorem taxes to the applicable tax
Governmental Authority. 
 8.2 Assignment; Binding Effect. This Agreement may not be assigned by any Party,
in whole or in part, without the prior written consent of the other Party; provided, however, 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 

  
 19 

 
such Partnership Group Member as a party hereto. No assignment hereunder by any Party shall relieve such Party of any obligations and responsibilities hereunder. This Agreement shall be
binding upon and inure to the benefit of the Parties and, to the extent permitted by this Agreement, their successors, legal representatives and permitted assigns. 

8.3 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 CONSOL Parties: 

CONSOL Energy Inc. 
 1000 CONSOL
Energy Drive 
 Canonsburg PA, 15317 

Attention: Dave Khani 
 Email:
DavidKhani@consolenergy.com 
 with a copy to: 

Attention: Executive Vice President 

Email: SteveJohnson@consolenergy.com 

If to the Partnership Parties: 

CNX Coal Resources LP 
 1000
CONSOL Energy Drive 
 Canonsburg PA, 15317 

Attention: Chief Financial Officer 

Email: LoriRitter@cnxlp.com 

with a copy to: 
 Attention:
General Counsel 
 Email: MarthaWiegand@cnxlp.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 7.3. 

  
 20 

 8.4 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. 

8.5 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. 

8.6 Entire Agreement; Conflicts. This Agreement, the Closing Documents and the Omnibus Agreement 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 (a) between the terms and provisions of this Agreement and the terms and provisions of any Appendix or Exhibit hereto or (b) between the terms and
provisions of this Agreement and the terms and provisions of any Closing Document, 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, any of the Exhibits hereto, the Closing Documents or the Omnibus Agreement 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 and the terms and conditions of this Agreement, the Omnibus Agreement shall control. 
 8.7
Amendment. This Agreement may be amended only by an instrument in writing executed by the Parties and expressly identified as an amendment or modification. 

8.8 Governing Law; Disputes. This Agreement shall be subject to and governed by the laws of the
State of Delaware, excluding any conflicts-of-law rule or principle that might refer the construction or interpretation of this Agreement to the laws of another state. EACH OF THE PARTIES HERETO AGREES THAT THIS AGREEMENT INVOLVES AT LEAST U.S.
$100,000.00 AND THAT THIS AGREEMENT HAS BEEN ENTERED INTO IN EXPRESS RELIANCE UPON 6 Del. C. §2708. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES (i) TO BE SUBJECT TO THE JURISDICTION OF THE COURTS OF THE STATE OF DELAWARE
AND OF THE FEDERAL COURTS SITTING IN THE STATE OF DELAWARE AND (ii) TO THE EXTENT SUCH PARTY IS NOT OTHERWISE SUBJECT TO SERVICE OF PROCESS IN THE STATE OF DELAWARE, TO APPOINT AND MAINTAIN AN AGENT IN THE STATE OF DELAWARE AS SUCH PARTY’S
AGENT FOR ACCEPTANCE OF LEGAL PROCESS AND TO NOTIFY THE OTHER PARTIES OF THE NAME AND ADDRESS OF SUCH 

  
 21 

 
AGENT. EACH PARTY HERETO WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY ACTION, SUIT OR PROCEEDING ARISING OUT OF OR
RELATING TO THIS AGREEMENT, THE CLOSING DOCUMENTS OR ANY TRANSACTION CONTEMPLATED HEREBY OR THEREBY.
 8.9 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. 

8.10 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. 

8.11 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. 

8.12 Counterparts. This Agreement may be executed in any number of counterparts, and each such counterpart
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. 

[THE NEXT SUCCEEDING PAGE IS THE EXECUTION PAGE] 

  
 22 

 IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above.

  

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

	Name:	 	Stephen W. Johnson	 		  	Name:	 	Stephen W. Johnson
	Title:	 	Executive Vice President –	 		  	Title:	 	Vice President and Secretary
		 	Diversified Business Units	 		  		 	

  

			
	CONRHEIN:
	
	CONRHEIN COAL COMPANY
		
	By:	 	MTB LLC,
		 	its general partner

					
			
		 	By:	 	 /s/ Stephen W. Johnson

		 	Name: Stephen W. Johnson
		 	Title:   President

  

			
	By:	 	CONSOL Mining Holding Company, LLC,
		 	its general partner

					
			
		 	By:	 	 /s/ Stephen W. Johnson

			
		 	Name: Stephen W. Johnson
		 	Title:   Vice President

 [Signature Page to Contribution Agreement] 

			
	PARTNERSHIP
	
	CNX COAL RESOURCES LP
		
	By:	 	CNX COAL RESOURCES GP LLC,
		 	its general partner

					
			
		 	By:	 	 /s/ Lorraine L. Ritter

					
		 	Name:	 	Lorraine L. Ritter
		 	Title:	 	Chief Financial Officer and Chief Accounting Officer

  

			
	CTH:
	
	CNX THERMAL HOLDINGS LLC
		
	By:	 	 /s/ Lorraine L. Ritter

			
	Name:	 	Lorraine L. Ritter
	Title:	 	Chief Financial Officer and Chief Accounting Officer

 [Signature Page to Contribution Agreement] 

 APPENDIX I 

Definitions

“Additional Contracts” means those certain contracts and agreements set forth on Exhibit A-8. 

“Affiliate” means, with respect to any Person, any other Person that directly, or indirectly through one or more
intermediaries, Controls, or is Controlled by, or is Under Common Control With, such Person. The term “Affiliated” shall have the correlative meaning. 

“Affiliate ROWs” has the meaning set forth in Section 4.7(a). 

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

“Alpha Area” means that certain area described on Exhibit A-1(b). 

“Alpha Coal Fee Interests” has the meaning set forth in Section 2.1(a)(i)(B). 

“Alpha Coal Leases” has the meaning set forth in Section 2.1(a)(ii)(B). 

“Alpha Conveyed Fee Interests” has the meaning set forth in Section 2.1(a)(i)(B). 

“Alpha Conveyed Lease Interests” has the meaning set forth in Section 2.1(a)(ii)(B). 

“Applicable Contracts” has the meaning set forth in Section 2.1(a)(vii). 

“Assignment” means that certain assignment in substantially the form attached as Exhibit D.

“Assignment, Assumption and Bill of Sale” means that certain assignment, assumption and bill of sale substantially the
form attached as Exhibit E. 
 “Assumed Obligations” has the meaning set forth in Section 7.5. 

“Billed Party” has the meaning set forth in Section 8.1. 

“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. 
 “Cap” has the meaning set forth in Section 7.4(a). 

“Cash Consideration” has the meaning set forth in Section 2.2. 

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

“Closing” has the meaning set forth in Section 6.1(a). 

“Closing Date” has the meaning set forth in Section 6.1(a). 

  
 APPENDIX I

 PAGE 1 

 “Closing Documents” shall mean those documents executed pursuant to or in
connection with this Agreement at Closing. 
 “CNXC ROFO” means the right of first offer granted to CNX Coal
Resources LP pursuant to Section 4.1 of the Omnibus Agreement. 
 “Coal Fee Interests” has the meaning set forth in
Section 2.1(a)(i)(B). 
 “Coal Inventory” has the meaning set forth in Section 2.1(a)(vi). 

“Coal Leases” has the meaning set forth in Section 2.1(a)(ii)(B). 

“Coal Real Property” has the meaning set forth in Section 2.1(a)(v). 

“Coal ROWs” has the meaning set forth in Section 2.1(a)(iv). 

“Conflicts Committee” means the conflicts committee of the board of directors of the General Partner. 

“Conflicts Committee Information” has the meaning set forth in Section 3.1(f). 

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

“Consent” means any material restrictions on assignment. 

“Conservation Easement” has the meaning set forth in Section 4.8(a). 

“Conservation Easement Properties” has the meaning set forth in Section 4.8(a). 

“CONSOL Indemnitees” has the meaning set forth in Section 7.1. 

“CONSOL Party” and “CONSOL Parties” have the meanings set forth in the Preamble. 

“Contracts” means shall mean any written or oral: contract; agreement; agreement regarding indebtedness; indenture;
debenture; note, bond or loan; collective bargaining agreement; mortgage; license agreement; farmin and/or farmout agreement; participation, exploration or development agreement; crude oil, condensate or natural gas purchase and sale, gathering,
processing, transportation or marketing agreement; operating agreement; balancing agreement; unitization agreement; facilities or equipment lease; production handling agreement; or other similar contract, but in each case specifically excluding,
however, any instrument creating or evidencing an interest in any Coal Fee Interest, Coal Lease, Coal ROW or Permit or any real property related to or used or held for use in connection with the operation of any First Drop Down Assets. 

“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. 

  
 APPENDIX I

 PAGE 2 

 “Conveyed Fee Interests” has the meaning set forth in Section
2.1(a)(i)(B). 
 “Conveyed Lease Interests” has the meaning set forth in Section 2.1(a)(ii)(B). 

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

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

“Customary Post-Closing Consent” means consents and approvals from Governmental Authorities that are customarily
obtained after closing in connection with a transaction similar to the one contemplated by this Agreement. 

“Damages” has the meaning set forth in Section 7.1. 

“Deductible” has the meaning set forth in Section 7.4(a). 

“Deed” means that certain deed in substantially the form attached as Exhibit C. 

“Delayed Coal Leases” means the Coal Leases set forth on Exhibit B-3. 

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

“Environmental Laws” means, as the same have been amended prior to or as of the date of this Agreement, the
Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et seq. (“CERCLA”); the Resource Conservation and Recovery Act, 42 U.S.C. § 6901 et seq. (“RCRA”); the Federal Water Pollution
Control Act, 33 U.S.C. § 1251 et seq. (the “Clean Water Act”); the Clean Air Act, 42 U.S.C. § 7401 et seq. the Hazardous Materials Transportation Act, 49 U.S.C. § 1471 et seq.; the Toxic Substances Control Act, 15 U.S.C.
§§ 2601 through 2629 (“TSCA”); the Oil Pollution Act, 33 U.S.C. § 2701 et seq.; the Emergency Planning and Community Right-to-Know Act, 42 U.S.C. § 11001 et seq.; and the Safe Drinking Water Act, 42 U.S.C. §§
300f through 300j; and all similar Laws as of the Effective Date of any Governmental Authority having jurisdiction over the property in question addressing pollution or protection of the environment, and all regulations implementing the
foregoing. For the avoidance of doubt, the phrase “violation of Environmental Laws” and words of similar import used herein shall (a) mean the violation of or failure to meet specific objective requirements or standards that are
clearly applicable under applicable Environmental Laws where such requirements or standards are in effect as of the Effective Date and (b) not include good or desirable operating practices or standards that may be employed or adopted by other oil or
gas well operators or recommended by a Governmental Authority. 
 “Equity Consideration” has the meaning set forth
in Section 2.2. 
 “Excluded Assets” means the following assets and properties: 

(a) all of the CONSOL Parties’ corporate minute books, financial records and other business records to the extent such books and records
are related to the CONSOL Parties’ (or any of their Affiliates’) business generally or are otherwise not directly related to the Contributed Assets; 

  
 APPENDIX I

 PAGE 3 

 (b) all claims for refunds, credits, loss carryforwards and similar tax assets with respect to
(i) taxes allocated to the CONSOL Parties pursuant to Section 8.1, (ii) income taxes of the CONSOL Parties or (iii) any taxes attributable to any of the assets or properties described in this definition of Excluded Assets; 

(c) all of the CONSOL Parties’ computer software, patents, trade secrets, copyrights, names, trademarks, logos and other intellectual
property; 
 (d) all offices of the CONSOL Parties not located on the Pennsylvania Mine Complex and all personal property located therein;

 (e) all claims, rights, demands, causes of action, suits, actions, judgments, awards, recoveries (including insurance proceeds),
settlements and appeals in favor of a CONSOL Party relating to any other Excluded Asset; 
 (f) those contracts, properties and assets set
forth on Exhibit B-1; 
 (g) any contract for the purchase and sale of coal to which an Owning Party is a party, including those
certain coal purchase and sale contracts set forth on Exhibit B-2; 
 (h) All oil, gas, coalbed methane, coal mine methane, gob gas,
occluded natural gas and other hydrocarbons (including condensate), or any combination thereof (collectively, “Hydrocarbons”), and any interest in or rights, including any reversionary rights, to such Hydrocarbons, together
with all associated and appurtenant rights, and energy credits, including the right to bore through and in the Conveyed Lease Interests and/or Conveyed Fee Interests; 

(i) Except as specifically conveyed in Section 2.1(a)(iii) or Section 2.1(a)(iv), any surface rights or property overlying the
Conveyed Lease Interests and/or Conveyed Fee Interests; and 
 (j) the Additional Contracts. 

“Financial Advisor” means Evercore Group L.L.C., financial advisor to the Conflicts Committee. 

“First Drop Down Assets” has the meaning set forth in Section 2.1. 

“Fundamental Representations” has the meaning set forth in Section 7.4(c). 

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

“General Partner” has the meaning set forth in the Recitals of this Agreement. 

“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 4 

 “Indemnified Party” means the Party entitled to indemnification in
accordance with Article VII. 
 “Indemnifying Party” means the Party from whom indemnification may be sought
in accordance with Article VII. 
 “IPO Area” means that certain area described on Exhibit A-1(a).

 “IPO Asset Contribution Agreement” means that certain Contribution Agreement by and among CPCC, Conrhein and CTH,
dated June 22, 2015. 
 “IPO Assignment, Assumption and Bill of Sale” means that certain Assignment, Assumption and
Bill of Sale effective as of June 1, 2015, from the Owning Parties to CTH. 
 “IPO Closing Date” means July 7, 2015.

 “IPO Coal Fee Interests” has the meaning set forth in Section 2.1(a)(i)(A). 

“IPO Coal Leases” has the meaning set forth in Section 2.1(a)(ii)(A). 

“IPO Conveyed Fee Interests” has the meaning set forth in Section 2.1(a)(i)(A). 

“IPO Conveyed Lease Interests” has the meaning set forth in Section 2.1(a)(ii)(A). 

“Knowledge” means the actual knowledge (without any obligation to investigate) of the executive officers of CEI. 

“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. 
 “Liabilities” means any and all claims, causes of action,
payments, charges, judgments, assessments, liabilities, obligations, losses, damages, penalties, fines and other costs and expenses (including attorneys’ fees and other legal costs and expenses), including any of the foregoing arising out of or
otherwise attributable to personal injury or death, property damage or environmental damage or remediation. 
 “Mines and
Facilities” has the meaning set forth in Section 2.1(a)(v). 
 “Omnibus Agreement” means that
certain First Amended and Restated Omnibus Agreement dated as of the Closing Date by and among CEI, General Partner, Partnership and the other parties thereto, as the same may be amended, revised, supplemented or otherwise modified from time to time
substantially in the form attached hereto as Exhibit G. 
 “Operating Agreement Amendment” means that certain
First Amendment to Pennsylvania Mine Complex Operating Agreement, dated as of the Closing Date, substantially in the form attached hereto as Exhibit H. 

“Operator Assets” has the meaning set forth in the IPO Assignment, Assumption and Bill of Sale. 

  
 APPENDIX I

 PAGE 5 

 “Owning Parties” has the meaning set forth in the Preamble. 

“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.” 
 “Partnership Material Adverse Effect” means any change,
circumstance, effect or condition that materially adversely affects, or could reasonably be expected to materially adversely affect, (a) the business, financial condition, assets, liabilities or results of operations of the Partnership Group, taken
as a whole, or (b) the Partnership Parties’ ability to satisfy its obligations under this Agreement or the Closing Documents or to consummate the transactions contemplated by this Agreement and the Closing Documents. 

“Partnership Parties” has the meanings set forth in the Preamble. 

“Partnership Parties Indemnitees” has the meanings set forth in Section 7.2. 

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

“Pending Consents” has the meaning set forth in Section 4.2(c). 

“Pending First Drop Down Consent” has the meaning set forth in Section 4.2(c). 

“Pending IPO Consents” has the meaning set forth in Section 4.2(b). 

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

“Permit Consent” means any consents and approvals from any Governmental Authority that are required to transfer any of
the Permits. 
 “Permits” has the meaning set forth in the IPO Asset Contribution Agreement. 

“Person” means any individual, corporation, company, partnership, limited partnership, limited liability company,
trust, estate, Governmental Authority or any other entity. 
 “Post-Closing Required Notice” means any obligation
set forth in an instrument from which the First Drop Down Assets were created to provide notice following an assignment or transfer of such First Drop Down Asset. 

“Pre-Closing Required Notice” means any obligation set forth in an instrument from which the First Drop Down Assets
were created to provide notice prior to an assignment or transfer of such First Drop Down Asset. 
 “Preferred
Units” means preferred units designated as “Class A Preferred Units,” representing limited partner interests in the Partnership, and having the preferences, rights, powers and duties as set forth in the Second Amended and
Restated Partnership Agreement. 

  
 APPENDIX I

 PAGE 6 

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

“Records” has the meaning set forth in the IPO Asset Contribution Agreement. 

“Registration Rights Agreement” means that certain Registration Rights Agreement, dated as of the Closing Date,
substantially in the form attached hereto as Exhibit I. 
 “Retained Interests” means, collectively, all of
the CONSOL Parties’ right, title and interest in and to the assets and properties from which the Coal Real Property, the Coal Inventory and/or the Applicable Contracts were created after giving effect to the transactions contemplated by the
Closing Documents. 
 “Retained Liabilities” has the meaning given such term in the Omnibus Agreement. 

“Second Amended And Restated Partnership Agreement” means that certain Second Amended and Restated Agreement of
Limited Partnership of the Partnership dated as of the Closing Date, substantially in the form attached hereto as Exhibit F. 

“Sponsor Material Adverse Effect” means any change, circumstance, effect or condition that, individually or in the
aggregate, (a) materially adversely affects, or could reasonably be expected to materially adversely affect, a CONSOL Party’s ability to satisfy its obligations under this Agreement or the Closing Documents or to consummate the transactions
contemplated by this Agreement and the Closing Documents or (b) has a material adverse effect on the value ownership, operations or physical condition of the First Drop Down Assets, as applicable, determined as of the Effective Date. 

“Subject Surface Area” means that certain area described on Exhibit A-1(a). 

“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. 

“Surface Fee Interests” has the meaning given such term in Section 2.1(a)(iii). 

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

  
 APPENDIX I

 PAGE 7

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