Document:

EX-10.4

 Exhibit 10.4 

TERMINAL AND THROUGHPUT AGREEMENT 

by and between 
 CNX MARINE
TERMINALS, INC. 
 and 

CNX THERMAL HOLDINGS LLC 

dated as of 
  

[                ], 2015 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 ARTICLE I DEFINITIONS AND INTERPRETATION
	  	 	1	  
	 1.1
	  	Defined Terms	  	 	1	  
	 1.2
	  	References and Rules of Construction	  	 	1	  
		
	 ARTICLE II TERMINAL SERVICES
	  	 	2	  
	 2.1
	  	Terminal Services	  	 	2	  
	 2.2
	  	Terminal Services Standard of Care	  	 	2	  
	 2.3
	  	Insurance	  	 	2	  
		
	 ARTICLE III SHIPPER COAL
	  	 	3	  
	 3.1
	  	Title; Risk of Loss	  	 	3	  
	 3.2
	  	Transportation of Shipper Coal; Measurement of Shipper Coal	  	 	3	  
	 3.3
	  	Scheduling of Railcar Deliveries; Scheduling of Vessels	  	 	3	  
	 3.4
	  	Priority of Service	  	 	3	  
		
	 ARTICLE IV COMPENSATION AND PAYMENTS
	  	 	3	  
	 4.1
	  	Terminal Fee	  	 	3	  
	 4.2
	  	Terminal Fee Adjustments	  	 	4	  
	 4.3
	  	Payment Terms; Disputed Charges	  	 	4	  
	 4.4
	  	Audit	  	 	4	  
	 4.5
	  	Accounting Arbitrator	  	 	5	  
		
	 ARTICLE V LIABILITY OF THE PARTIES; INDEMNIFICATION
	  	 	5	  
	 5.1
	  	Release	  	 	5	  
	 5.2
	  	Omnibus Agreement Indemnities	  	 	5	  
	 5.3
	  	Disclaimer	  	 	6	  
	 5.4
	  	Conspicuous	  	 	6	  
		
	 ARTICLE VI TERM; TERMINATION
	  	 	6	  
	 6.1
	  	Term	  	 	6	  
	 6.2
	  	Owner Termination	  	 	6	  
	 6.3
	  	Shipper Termination	  	 	6	  
	 6.4
	  	Effect of Termination	  	 	6	  
		
	 ARTICLE VII FORCE MAJEURE
	  	 	7	  
	 7.1
	  	Force Majeure	  	 	7	  
		
	 ARTICLE VIII MISCELLANEOUS
	  	 	7	  
	 8.1
	  	Assignment; Binding Effect	  	 	7	  
	 8.2
	  	Notices	  	 	7	  
	 8.3
	  	Further Assurances	  	 	8	  
	 8.4
	  	Expenses	  	 	8	  
	 8.5
	  	Waiver; Rights Cumulative	  	 	8	  
	 8.6
	  	Entire Agreement; Conflicts	  	 	8	  
	 8.7
	  	Amendment	  	 	9	  
	 8.8
	  	Governing Law; Jurisdiction	  	 	9	  

  
 i 

							
	 8.9
		Parties in Interest		 	9	  
	 8.10
		Preparation of Agreement		 	9	  
	 8.11
		Severability		 	9	  
	 8.12
		Counterparts		 	9	  
		
	 APPENDIX
				
		
	 Appendix I – Definitions
				
		
	 EXHIBITS
				
		
	 Exhibit A – Terminal Services Terms
				
	 Exhibit B – Terminal Rules and Regulations
				

  
 ii 

 TERMINAL AND THROUGHPUT AGREEMENT 

THIS TERMINAL AND THROUGHPUT AGREEMENT (as may be amended, restated, supplemented or otherwise modified from time to time, this
“Agreement”) is entered into [            ], 2015 (the “Execution Date”), by and between CNX MARINE TERMINALS,
INC., a Delaware corporation (“Owner”), and CNX THERMAL HOLDINGS LLC, a Delaware limited liability company (“Shipper”). CONSOL and CTH may be referred to
collectively as the “Parties” or individually as a “Party.”  

RECITALS 
 WHEREAS,
Shipper owns an undivided interest in, and has been designated as the operator of, those certain coal mines in Greene and Washington Counties, Pennsylvania and Marshall County, West Virginia, commonly known as the Bailey Mine, the Enlow Fork Mine
and the Harvey Mine, and the related preparation plant commonly known as the Bailey preparation plant (the “Pennsylvania Mine Complex”); 

WHEREAS, as the operator of the Pennsylvania Mine Complex, Shipper has been delegated authority and charged with overseeing,
supervising and managing the handling, transportation and marketing of all coal mined from the Pennsylvania Mine Complex; 
 WHEREAS,
Owner owns and operates a coal terminal facility (the “Terminal”) located in Baltimore, Maryland that provides coal transshipment from train rail cars to vessels; and 

WHEREAS, Shipper desires to contract with Owner for the option (but not the obligation) to require Owner, as an independent contractor,
to provide, directly or indirectly, certain coal terminal, storage and/or transportation services, subject to and upon the terms and conditions of 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 Parties hereby agree as follows: 

ARTICLE I 
 DEFINITIONS
AND INTERPRETATION 
 1.1 Defined Terms. For purposes hereof, the capitalized terms used herein and not otherwise defined
have the meanings set forth in Appendix I. 
 1.2 References and Rules of Construction. All references in this
Agreement to Appendices, Exhibits, Articles, Sections, subsections and other subdivisions refer to the corresponding Appendices, Exhibits, Articles, Sections, subsections and other subdivisions of or to this Agreement unless expressly provided
otherwise. Titles appearing at the beginning of any Appendix, Exhibit, 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 Appendix,
Exhibit, Article, Section, subsection or other subdivision unless expressly 

  
 1 

 
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 
 TERMINAL
SERVICES 
 2.1 Terminal Services. 

(a) Subject to the terms and conditions of this Agreement, Shipper shall have the option, but not the obligation, to require Owner to provide
Terminal Services with respect to Firm Shipper Coal. 
 (b) In the event Shipper desires to require Owner to provide Terminal Services with
regard to Shipper Coal other than Firm Shipper Coal (collectively, “Excess Shipper Coal”), Shipper shall provide Owner written notice requesting Owner to provide Terminal Services as to the Excess Shipper Coal and setting
forth Shipper’s reasonable estimate of the amount and timing of delivery of such Excess Shipper Coal. Owner shall have the option, but not the obligation, to provide Terminal Services with respect to all or a portion of the Excess Shipper Coal
at a mutually agreeable fee and priority. 
 (c) The Terminal Services shall be performed in accordance with (i) the Terminal Services
Terms set forth on Exhibit A, and (ii) the Terminal Rules and Regulations set forth on Exhibit B. In the event of a conflict between the terms and provisions of this Agreement and the terms and provisions of any Exhibit hereto,
the terms and provisions of this Agreement shall govern and control; provided, however, that the inclusion of any terms and conditions in any Exhibit hereto which are not addressed in this Agreement shall not be deemed a conflict. 

2.2 Terminal Services Standard of Care. Owner shall perform, or cause to be performed, the Terminal Services consistent with
past practices and in a manner that is not grossly negligent and does not constitute willful misconduct (the “Services Standard”). 

2.3 Insurance. Owner shall (i) obtain and maintain any and all insurance that is required by applicable Laws or that would
otherwise be required by a reasonable, prudent service provider providing the Terminal Services and (ii) use its commercially reasonable efforts to have each Owning Party named as additional insureds on such insurance policies (with waivers of
subrogation in favor of each Owning Party). 

  
 2 

 ARTICLE III 

SHIPPER COAL 
 3.1
Title; Risk of Loss. As between Shipper and Owner, title to all Shipper Coal delivered to the Receipt Point shall at all times remain in Shipper. Except to the extent resulting from a breach of the Services Standard, Shipper shall bear the
risk of loss with respect to Shipper Coal at the Terminal. Notwithstanding the foregoing, coal that accumulates in ditches and ponds and ordinary spillage from conveyors, dumpers and other similar equipment, where it is impractical to determine its
owner and return it to piles shall be the property of Owner and shall be sold or otherwise disposed of as Owner sees fit. 
 3.2
Transportation of Shipper Coal; Measurement of Shipper Coal. Shipper shall arrange for transportation at Shipper’s sole risk, cost and expense of the Shipper Coal to the Receipt Point. Owner shall measure the quantity of Shipper Coal
received from Shipper at the Receipt Point using scales tested, maintained and calibrated in accordance with the standards issues by the Association of American Railroads (the “AAR Standards”), the National Institute of
Standards and Technology (the “NIST Standards”) and all applicable Laws. Owner shall keep accurate records of the receipt, storage and delivery of the Shipper Coal, including all scale measurement readings, and shall provide
Shipper reasonable access to such records (including the right to copy, at Shipper’s expense), during normal business hours and upon reasonable written notice. Owner shall provide Shipper not less than 7 days prior notice of any scale testing
or proving activities, and Shipper shall have the right to attend and witness such scale testing and proving activities. 
 3.3
Scheduling of Railcar Deliveries; Scheduling of Vessels. Shipper shall comply with the nomination and scheduling procedures for Trains and Vessels set forth in the Terminal Services Terms and/or the Terminal Rules and Regulations. 

3.4 Priority of Service. Firm Shipper Coal shall be entitled to service with the highest available priority call on capacity of
all or any relevant portion of the Terminal, which is not subject to interruption or curtailment except as a result of force majeure (such service, “Priority Service”). Without the written consent of Shipper, which consent
may be withheld in Shipper’s sole discretion, Owner will not provide Priority Service with respect to any coal other than Firm Shipper Coal and coal received under the Xcoal Agreement. If capacity at the Terminal is insufficient to meet the
needs of all shippers, the holders of interruptible service will be curtailed first and the holder of Priority Service will be curtailed last. 

ARTICLE IV 
 COMPENSATION
AND PAYMENTS 
 4.1 Terminal Fee. Shipper shall pay Owner each month in accordance with the terms of this Agreement for
Terminal Services provided by Owner an amount equal to the product of (a) the Firm Shipper Coal, stated in tons, delivered by Shipper at the Receipt Point during such month multiplied by (b) $4.00 per net ton (the “Terminal
Fee”), and, if applicable, all Additional Storage Fees, Coal Re-Handling Fees and Vessel Fees incurred during such month. 

  
 3 

 4.2 Terminal Fee Adjustments. The Terminal Fee may be reasonably adjusted by Owner
from time to time upon written notice thereof to Shipper no more frequently than quarterly to account for changes in annual volumes of coal shipped, or forecasted to be shipped, through the Terminal and/or changes in operating expenses at the
Terminal; provided that no retroactive adjustments to the Terminal Fee will be permitted. 
 4.3 Payment Terms; Disputed
Charges. 
 (a) No later than 30 days after the end of each calendar month, Owner shall prepare and deliver to Shipper a reasonably
detailed invoice setting forth (i) the total volume of Shipper Coal received at the Receipt Point during such calendar month, (ii) the aggregate Terminal Fee for Shipper Coal received a the Receipt Point during such calendar month,
(iii) any Additional Storage Fees incurred during such month, (iv) any Coal Re-Handling Fees incurred during such month and (v) any Vessel Fees incurred during such month. 

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

(c) Each invoice delivered by Owner pursuant to this Agreement shall be due and payable no later than 30 days after the receipt of the
invoice. All payments shall be made by wire transfer of immediately available funds, to the account (or accounts) designated by Owner, from time to time, no later than 1:00 p.m. (Pittsburgh, Pennsylvania time) on the due date. 

(d) In addition to Shipper’s right under Section 4.4, if Shipper disputes in good faith all or any portion of an invoice
delivered by Owner pursuant to this Agreement, Shipper may deliver written notice of such dispute to Owner within 40 days of receipt of such invoice, setting forth in reasonable detail the reasons for such dispute. Notwithstanding the delivery of
any such written notice of dispute, Shipper shall pay to Owner the full amount of such invoice (including any disputed portions of such invoice) in accordance with the terms of this Agreement. If it is determined by the Parties or otherwise that any
amount paid by Shipper to Owner was improperly paid, then subject to Section 4.3(e), Owner shall promptly reimburse Shipper the amount of such improper payment. 

(e) If (i) Shipper fails to pay any amount when due or (ii) (A) Owner disputes an invoice hereunder, (B) pays the full
amount of such invoice and (C) it is determined by the Parties or otherwise that Owner must reimburse Shipper any portion of the amount of such invoice, then such amount shall bear interest from the due date (or the date the disputed amount was
paid by Shipper in case of a reimbursement owed by Owner to Shipper ) to the date such amount is paid by Shipper (or Owner, if applicable) at the Agreed Rate.  

4.4 Audit. Shipper, upon reasonable written notice to Owner, shall have the right to audit Owner’s accounts and records
relating to the Terminal Services for any calendar year within the 24-month period following the end of such calendar year. Owner shall not bear any portion of Shipper’s audit cost incurred under this Section 4.4. The audits shall
not be conducted more frequently than bi-annually without the prior approval of Owner. Upon the completion of any such audit the results of which evidence an overcharging by Owner for Terminal Services rendered, Shipper may notify Owner of such
overcharge and request reimbursement thereof, and 

  
 4 

 
such notice shall include Shipper’s calculations and reasonable data supporting such reimbursement request. Within 30 days after receipt of Shipper’s reimbursement request, Owner shall
notify Shipper if Owner disputes the results of the audit. Owner’s failure to notify Shipper of such dispute within such time period shall be deemed to be agreement with the audit results and the reimbursement request. If Owner timely notifies
Shipper that it disputes the audit results, then each of Owner and Shipper shall designate a representative, and, not later than 10 Business Days from such selection, such representatives shall meet in an effort to resolve such disputed audit
results. Such representatives shall attempt to agree on a resolution of such dispute within 10 Business Days from meeting. Upon such deadline, if no consensual resolution has been reached, either the Shipper or Owner may cause such dispute to be
submitted to arbitration in accordance with Section 4.5. This Section 4.4 shall survive the expiration or termination of this Agreement for a period of 24 months. 

4.5 Accounting Arbitrator. In the event that the Parties cannot reach agreement regarding any disputes regarding amounts
invoiced hereunder pursuant to Section 4.3 or Section 4.4, either Party may refer the remaining matters in dispute to the Philadelphia, Pennsylvania office of a mutually agreeable nationally recognized accounting firm (the
“Accounting Arbitrator”) for review and final determination by arbitration. Should such selected firm fail or refuse to agree to serve as Accounting Arbitrator within ten Business Days after receipt of a written request from
any Party to serve, and should the Parties fail to agree in writing on another replacement Accounting Arbitrator within five Business Days after the end of that ten-day period, or should no replacement Accounting Arbitrator agree to serve within 30
days after the original written request pursuant to this Section 4.5, the Accounting Arbitrator shall be a nationally recognized accounting firm appointed by the Philadelphia office of the American Arbitration Association. The Accounting
Arbitrator’s determination shall be made within 30 days after submission of the matters in dispute and shall be final and binding on the Parties, without right of appeal. The Accounting Arbitrator shall act as an expert for the limited purpose
of determining the specific disputed matters submitted by the Parties and may not award damages or penalties to the Parties with respect to any matter. Each Party shall each bear its own legal fees and other costs of presenting its case. The fees,
costs and expenses of the Accounting Arbitrator, shall be allocated between the Parties based upon the percentage which the portion of the disputed matters not awarded to such Party bears to the amount actually contested by such Party. The
provisions of this Section 4.5 shall survive the expiration or termination of this Agreement. 
 ARTICLE V 

LIABILITY OF THE PARTIES; INDEMNIFICATION 

5.1 Release. Except as set forth in Section 5.2, each Party hereby releases, discharges and forever waives any
claims against the other Party with respect to any breach of this Agreement. 
 5.2 Omnibus Agreement Indemnities. The Parties
hereby acknowledge and agree that, except for the rights of the Parties to terminate this Agreement pursuant to Article VI, the indemnities set forth under the Omnibus Agreement shall be the Parties’ exclusive remedies with respect to
any breach of this Agreement. For the avoidance of doubt, except as set forth in the Omnibus Agreement, in no event shall Owner have any liability under this Agreement or 

  
 5 

 
applicable Law, with respect to the provision of the Terminal Services under this Agreement for any claim, damage, loss or liability sustained or incurred in connection with the provision of the
Terminal Services or any breach of any provision of this Agreement. 
 5.3 Disclaimer. NOTWITHSTANDING ANY OTHER TERM OF THIS
AGREEMENT TO THE CONTRARY, OWNER MAKES NO, AND DISCLAIMS ANY, REPRESENTATIONS AND WARRANTIES, EXPRESS, IMPLIED OR STATUTORY WITH RESPECT TO THE PERFORMANCE OR RESULTS OF THE TERMINAL SERVICES OR ANY DATA OR INFORMATION PROVIDED BY OWNER HEREUNDER.

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

TERM; TERMINATION 

6.1 Term. This Agreement will commence on the Execution Date and will remain in full force and effect for an initial term of
seven years (the “Initial Term”) and will continue in full force and effect thereafter for successive one year periods (each, an “Additional Term”) unless terminated by either Party at the end of the
Initial Term or any Additional Term by giving not less than 365 days’ prior written notice, subject in each case to earlier termination in accordance with Section 6.2 or Section 6.3 (such period of time, the
“Term”). 
 6.2 Owner Termination. Owner may terminate this Agreement upon written notice to Shipper
the occurrence of any one or more of the following: 
 (a) the Bankruptcy of Shipper; or 

(b) a Shipper Change of Control. 

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

(b) an action constituting willful misconduct or gross negligence on the part of Owner in connection with the performance of the Terminal
Services. 
 6.4 Effect of Termination. The terms of Article V, this Article VI and Article VIII shall
survive any termination of this Agreement. The termination of this Agreement shall not relieve either Party of any liability or obligation accruing or that had accrued prior to the termination of this Agreement nor deprive a Party not in breach
(other than a breach because such Party is rightfully withholding performance in response to a breach by the other Party) of its rights to any remedy otherwise available to such Party. 

  
 6 

 ARTICLE VII 

FORCE MAJEURE 
 7.1
Force Majeure. If any Party is rendered unable, wholly or in part, by Force Majeure to carry out its obligations under this Agreement, other than the obligation to make money payments, that Party shall give to the other Party prompt written
notice of the Force Majeure with reasonably full particulars concerning it; thereupon, the obligations of the Party giving notice, so far as they are affected by the Force Majeure, shall be suspended during, but no longer than, the continuance of
the Force Majeure. The affected Party shall use all reasonable efforts to remove, mitigate and/or remedy the Force Majeure situation as quickly as practicable. The requirement that any Force Majeure shall be remedied with all reasonable dispatch
shall not require the settlement of strikes, lockouts or other labor difficulty by the Party involved, contrary to its wishes; how all such difficulties shall be handled shall be entirely within the discretion of the Party concerned;
provided, however, the foregoing shall not relieve such Party of its obligations to take other measures to remove, mitigate and/or remedy any delay or suspension resulting from such labor difficulties. 

ARTICLE VIII 

MISCELLANEOUS 
 8.1
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. 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. 

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

If to Owner: 

CNX Marine Terminals, Inc. 

3800 Newgate Avenue 

Baltimore, Maryland 21224-6404 

Attention: Mariann E. Palmer 

Email: MariannPalmer@consolenergy.com 

with a copy to: 

Attention: Patrick E. Mangin 

Email: Patrick.Mangin@consolenergy.com 

  
 7 

 If to Shipper: 

CNX Thermal Holdings LLC 

1000 CONSOL Energy Drive 

Canonsburg PA, 15317 

Attention: Chief Financial Officer 

Email: LoriRitter@consolenergy.com 

with a copy to: 

Attention: General Counsel 

Email: MarthaWiegand@consolenergy.com 

Any notice given in accordance herewith shall be deemed to have been given when (a) delivered to the addressee in person or by courier,
(b) transmitted by electronic communications during normal business hours, or if transmitted after normal business hours, on the next Business Day, or (c) upon actual receipt by the addressee after such notice has either been delivered to
an overnight courier or deposited in the U.S. Mail if received during normal business hours, or if not received during normal business hours, then on the next Business Day, as the case may be. Any Party may change their contact information for
notice by giving notice to the other Parties in the manner provided in this Section 8.2. 
 8.3 Further
Assurances. In connection with this Agreement and the transactions contemplated hereby, each Party shall execute and deliver, or cause to be executed and delivered, any additional documents and instruments and perform any additional acts
that may be reasonably necessary or appropriate to effectuate and perform the provisions of this Agreement and the transactions contemplated herein. 

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 and the Omnibus Agreement, constitute the entire
agreement of the Parties and their Affiliates relating to the transactions 

  
 8 

 
contemplated hereby and supersede all provisions and concepts contained in all prior letters of intent, memoranda, agreements or communications between the Parties or their Affiliates relating to
the transactions contemplated hereby. In the event of a conflict between (a) the terms and provisions of this Agreement and the terms and provisions of any Appendix hereto or (b) the terms and provisions of this Agreement and the terms and
provisions the Omnibus Agreement, in each case, the terms and provisions of the Omnibus Agreement shall govern and control; provided, however, that the inclusion of any terms and conditions in the Appendix hereto or the Omnibus Agreement which are
not addressed in this Agreement shall not be deemed a conflict. 
 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;
Jurisdiction. This Agreement shall be subject to and governed by the laws of the State of Texas, excluding any conflicts-of-law rule or principle that might refer the construction or interpretation of this Agreement to the Laws of another
state. The Parties hereby acknowledge and agree that Section 6.2(b) of the Omnibus Agreement shall apply to this Agreement mutatis mutandis. 

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 hereof shall be
deemed to be an original instrument, but all of such counterparts shall constitute for all purposes one agreement. Any signature hereto delivered by a Party by electronic mail shall be deemed an original signature hereto. 

[THE NEXT SUCCEEDING PAGE IS THE EXECUTION PAGE] 

  
 9 

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

			
	OWNER:
	
	CNX MARINE TERMINALS, INC.
		
	By:		 
	Name:
	Title:

  

			
	SHIPPER:
	
	CNX THERMAL HOLDINGS LLC
		
	By:		 
	Name:
	Title:

  
 [Signature Page to
Terminal and Throughput Agreement] 

 APPENDIX I 

Definitions 

“AAR Standards” has the meaning set forth in Section 3.2. 

“Accounting Arbitrator” has the meaning set forth in Section 4.5. 

“Additional Storage Fees” shall mean the fees charged by Owner for additional and/or extended coal storage in
accordance with Section 4.8 of the Terminal Services Terms. 
 “Additional Term” has the meaning set forth in
Section 6.1. 
 “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. 

“Agreed Rate” means, on the applicable date of determination, the LIBOR Rate plus an additional two percentage points
(or, if such rate is contrary to any applicable Law, the maximum rate permitted by such applicable Law). 

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

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

“Business Day” means a day (other than a Saturday or Sunday) on which commercial banks in the State of Pennsylvania
are generally open for business. 
 “Coal Re-Handling Fees” means (a) (i) the Shipper Coal, stated in
tons, for which Owner has provided the Re-Handling Services via stacker or reclaimer equipment during a given calendar month multiplied by (ii) $1.40 per net ton, plus (b) (A) the total man hours utilized to perform the Re-Handling
Services for Shipper Coal via mobile equipment during a given calendar month multiplied by (B) $150.00 per man hour. 

“Conrhein” means Conrhein Coal Company, a Pennsylvania general partnership. 

“CONSOL” means CONSOL Energy Inc., a Delaware corporation. 

  

APPENDIX I 

 “Control” (including the terms “Controlled” and
“Under Common Control With”) means with respect to any Person, the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of
voting shares, by contract, or otherwise. 
 “CPCC” means Consol Pennsylvania Coal Company LLC, a Delaware limited
liability company. 
 “Excess Shipper Coal” has the meaning set forth in Section 2.1(b). 

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

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

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

“Governmental Authority” means any federal, state, local, municipal, tribal or other government; any governmental,
regulatory or administrative agency, commission, body or other authority exercising or entitled to exercise any administrative, executive, judicial, legislative, regulatory or taxing authority or power; and any court or governmental tribunal,
including any tribal authority having or asserting jurisdiction. 
 “Initial Term” has the meaning set forth in
Section 6.1. 
 “Laws” means any applicable statute, law, rule, regulation, ordinance, order, code,
ruling, writ, injunction, decree or other official act of or by any Governmental Authority. 
 “Losses” shall mean
any and all claims, causes of action, payments, charges, judgments, assessments, liabilities, losses, damages, penalties, fines and costs and expenses, including any attorneys’ fees, legal or other expenses incurred in connection therewith and
including liabilities, costs, losses and damages for personal injury or death or property damage or environmental damage or remediation. 

“Max Shipper Coal Volume” means an amount equal to 5,000,000 tons of Shipper Coal per calendar year minus the amount
of Shipper Coal, stated in tons, for which Owner provides terminal services under the Xcoal Agreement in the applicable calendar year; provided that the Max Shipper Coal Volume for the remainder of calendar year 2015 shall be prorated based
on the number of days between the Execution Date and December 31, 2015. 

  

APPENDIX I 

 “NIST Standards” has the meaning set forth in Section 3.2.

 “Omnibus Agreement” means that certain Omnibus Agreement dated as of the Execution Date, by and among CONSOL
Energy Inc., General Partner, Partnership and the other parties thereto, as the same may be amended, revised, supplemented or otherwise modified from time to time. 

“Owner” has the meaning set forth in the preamble. 

“Owning Parties” means CPCC, Conrhein and Shipper. 

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

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

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

“Person” means any individual, corporation, company, partnership, limited partnership, limited liability company,
trust, estate, Governmental Authority or any other entity. 
 “Priority Service” has the meaning set forth in
Section 3.4. 
 “Receipt Point” means the inbound certified scale located at 3800 Newgate Avenue,
Baltimore, Maryland 21224. 
 “Re-Handling Services” means at the request of Shipper, the movement, transfer or
re-handling of Shipper Coal from its initial storage or stockpile locations (other than transporting such Shipper Coal for loading onto Vessels) via (a) stacker and/or reclaimer equipment or (b) mobile equipment. 

“Services Standard” has the meaning set forth in Section 2.2. 

“Shipper” has the meaning set forth in the preamble. 

“Shipper Change of Control” means CONSOL ceases to control, directly or indirectly, the general partner of the
Partnership. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of the general partner of the Partnership,
whether through ownership of voting securities, by contract or otherwise. 
 “Shipper Coal” means coal owned and/or
controlled by Shipper. 
 “Tax” and “Taxes” means all taxes, assessments, charges, duties,
fees, levies, imposts or other similar charges imposed by a Governmental Authority, including all income, franchise, profits, capital gains, capital stock, transfer, gross receipts, sales, use, transfer, service, occupation, ad valorem, property,
excise, severance, windfall profits, premium, stamp, license, payroll, employment, social security, unemployment, disability, environmental, alternative minimum, add-on, value-added, withholding and other taxes, assessments, charges, duties, fees,
levies, imposts or other similar charges of any kind, and all estimated taxes, deficiency assessments, additions to tax, penalties and interest. 

  

APPENDIX I 

 “Temporary Storage” has the meaning set forth in the definition of
Terminal Services. 
 “Term” has the meaning set forth in Section 4.1. 

“Terminal” has the meaning set forth in the recitals. 

“Terminal Rules and Regulations” means the Coal Cargo Shipping Rules and Regulations attached hereto as Exhibit
B. 
 “Terminal Services” means the following (in each case, as more particularly set forth in the Terminal
Services Terms and the Terminal Rules and Regulations): 
 (a) receiving and unloading Shipper Coal from Trains at the Receipt Point; 

(b) weighing and sampling Shipper Coal at the Terminal; 

(c) if necessary, transporting Shipper Coal from the Receipt Point to temporary storage or stockpile facilities located at the Terminal (the
“Temporary Storage”); 
 (d) to the extent requested by Shipper, blending Shipper Coal at the Terminal; and 

(e) transporting Shipper Coal from Temporary Storage or the Receipt Point, as applicable, to, and loading Shipper Coal on, the Vessels. 

“Terminal Services Terms” means the Coal Cargo Shipping Terminal Services terms attached hereto as Exhibit A.

 “Trains” means those rail cars on the Norfolk Southern railroad or the CSX railroad which have been directed by
Shipper to deliver Shipper Coal to the Receipt Point. 
 “Vessels” means the ships which have been directed by
Shipper to be loaded with Shipper Coal at the Terminal. 
 “Vessel Fees” means those customary vessel charges and
fees as more particularly set forth in Section 5.6 of the Terminal Rules and Regulations. 
 “Xcoal Agreement”
means that certain Coal Cargo Shipping Agreement dated effective December 4, 2013, by and between Owner and Xcoal Energy and Resources. 

  

APPENDIX I 

 EXHIBIT A 

TERMINAL SERVICES TERMS 

[To be inserted] 

  

EXHIBIT A 

 EXHIBIT B 

TERMINAL RULES AND REGULATIONS 

[To be inserted] 

  

EXHIBIT BEX-10.6

 Exhibit 10.6 

WATER SUPPLY AND SERVICES AGREEMENT 

by and between 
 CNX WATER
ASSETS LLC 
 and 
 CNX
THERMAL HOLDINGS LLC 
 dated as of 

[                    ], 2015 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 ARTICLE I DEFINITIONS AND INTERPRETATION
	  	 	1	  
	        1.1	  	Defined Terms	  	 	1	  
	        1.2	  	References and Rules of Construction	  	 	1	  
		
	 ARTICLE II WATER SUPPLY SERVICES; WATER TREATMENT SERVICES
	  	 	2	  
	        2.1	  	Water Supply Services	  	 	2	  
	        2.2	  	Water Treatment Services	  	 	3	  
	        2.3	  	Water Treatment Facility Services	  	 	3	  
	        2.4	  	Water Services Standard of Care	  	 	4	  
	        2.5	  	Access Rights	  	 	4	  
	        2.6	  	Insurance	  	 	4	  
	        2.7	  	Payment Terms; Disputed Charges	  	 	4	  
	        2.8	  	Audit	  	 	5	  
	        2.9	  	Arbitrator	  	 	6	  
	        2.10	  	Permits	  	 	6	  
	        2.11	  	Notices	  	 	6	  
		
	 ARTICLE III LIABILITY OF THE PARTIES; INDEMNIFICATION
	  	 	7	  
	        3.1	  	Release	  	 	7	  
	        3.2	  	Omnibus Agreement Indemnities	  	 	7	  
	        3.3	  	Disclaimer	  	 	7	  
	        3.4	  	Conspicuous	  	 	7	  
		
	 ARTICLE IV TERM; TERMINATION
	  	 	7	  
	        4.1	  	Term	  	 	7	  
	        4.2	  	CONSOL Termination	  	 	7	  
	        4.3	  	CTH Termination	  	 	7	  
	        4.4	  	Effect of Termination	  	 	8	  
		
	 ARTICLE V FORCE MAJEURE
	  	 	8	  
	        5.1	  	Force Majeure	  	 	8	  
		
	 ARTICLE VI MISCELLANEOUS
	  	 	8	  
	        6.1	  	Assignment; Binding Effect	  	 	8	  
	        6.2	  	Notices	  	 	8	  
	        6.3	  	Further Assurances	  	 	9	  
	        6.4	  	Expenses	  	 	9	  
	        6.5	  	Waiver; Rights Cumulative	  	 	9	  
	        6.6	  	Entire Agreement; Conflicts	  	 	10	  
	        6.7	  	Amendment	  	 	10	  
	        6.8	  	Governing Law; Disputes	  	 	10	  
	        6.9	  	Parties in Interest	  	 	10	  
	        6.10	  	Preparation of Agreement	  	 	10	  
	        6.11	  	Severability	  	 	10	  
	        6.12	  	Counterparts	  	 	11	  
			
	APPENDIX	  		  			
		  	Appendix I – Definitions	  			

  
 i 

 WATER SUPPLY AND SERVICES AGREEMENT 

THIS WATER SUPPLY AND SERVICES AGREEMENT (as may be amended, revised, supplemented or otherwise modified from time to time, this
“Agreement”) dated as of [            ], 2015 (the “Execution Date”), is by and between CNX WATER ASSETS
LLC, a West Virginia limited liability company (“CONSOL”), and CNX THERMAL HOLDINGS LLC, a Delaware limited liability company (“CTH”). CONSOL and CTH may be
referred to herein separately as a “Party” and collectively as the “Parties”.  

RECITALS 
 WHEREAS,
CTH owns an undivided interest in, and has been designated as the operator of, those certain coal mines in Greene and Washington Counties, Pennsylvania and Marshall County, West Virginia, commonly known as the Bailey Mine, the Enlow Fork Mine and
the Harvey Mine, and the related preparation plant commonly known as the Bailey preparation plant (the “Pennsylvania Mine Complex”); 

WHEREAS, as the operator of the Pennsylvania Mine Complex, CTH has been delegated authority and charged with overseeing, supervising
and managing the day-to-day operations associated with or conducted at the Pennsylvania Mine Complex, which include acquiring water necessary to support mining operations at the Pennsylvania Mine Complex (the “Mine Operations
Water”) and arranging for the handling, treatment, transportation and disposal of produced water and fluids from the Pennsylvania Mine Complex (the “Mine Produced Water”); and 

WHEREAS, CTH desires to contract with CONSOL for the option (but not the obligation) for CONSOL, as an independent contractor, to
provide, directly or indirectly, certain services with respect to Mine Operations Water and Mine Produced Water, subject to and upon the terms and conditions of this Agreement. 

NOW THEREFORE, in consideration of the premises and of the mutual covenants, agreements, conditions and obligations set forth herein,
the Parties hereby agree as follows: 
 ARTICLE I 

DEFINITIONS AND INTERPRETATION 

1.1 Defined Terms. For purposes hereof, the capitalized terms used herein and not otherwise defined have the meanings set forth
in Appendix I. 
 1.2 References and Rules of Construction. All references in this Agreement to Appendices, Articles,
Sections, subsections and other subdivisions refer to the corresponding Appendices, Articles, Sections, subsections and other subdivisions of or to this Agreement unless expressly provided otherwise. Titles appearing at the beginning of any
Appendix, Article, Section, subsection and other subdivision of this Agreement are for convenience only, do not constitute any part of this Agreement and shall be disregarded in construing the language hereof. The words “this Agreement,”
“herein,” “hereby,” “hereunder” and “hereof,” and words of similar import, refer to this Agreement as a whole and not to any particular Appendix, Article, Section, subsection or other subdivision unless
expressly so limited. The word “including” (in 

  
 1 

 
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 
 WATER SUPPLY
SERVICES; WATER TREATMENT SERVICES 
 2.1 Water Supply Services. 

(a) CTH shall have the option, but not the obligation, upon reasonable advance prior notice to acquire from CONSOL Mine Operations Water in an
amount designated by CTH in accordance with Section 2.1(c) not to exceed the maximum amount set forth in the then-current Pennsylvania Department of Environmental Protection permit, which is 600 gallons per minute as of the Execution
Date (such Mine Operations Water for which CTH has elected to acquire, the “Purchased Water”) and to receive from CONSOL the Supply Services with respect to such Purchased Water. 

(b) All Purchased Water received by CTH at a Delivery Point shall be measured by a suitable measurement device located at or near any such
Delivery Point to be furnished and installed (or caused to be furnished and installed) by CTH and subsequently kept in repair (or caused to be kept in repair) by CTH, in each case, at CTH’s sole cost and expense. All such measurement devices
shall be installed and operated in accordance with the applicable manufacturer’s recommended specifications. Subject to the foregoing, CTH shall be responsible for the operation, recording and proving of all measurement devices. CTH shall test
and prove all such measurement devices periodically and upon the reasonable request of CONSOL. CONSOL shall have the right to have witnesses present at all testing and proving procedures performed by CTH, and CTH shall provide CONSOL written notice
at least five Business Days prior to performing any such procedures. CONSOL, at its sole cost, shall have the right to install check meters upstream of CTH’s measurement devices.  

(c) Contemporaneously with the execution of this Agreement, CTH has provided CONSOL with its nominations for the remainder of the quarter in
which the Execution Date occurs. On or before 10 Business Days prior to the beginning of each quarter of each Term Year, CTH shall provide CONSOL written notice nominating the average daily volumes of Purchased Water CTH estimates it will acquire
during the applicable quarter (the “Nominated Volume”). If CTH fails to timely provide written notice of its nominations for the applicable quarter, CTH’s Nominated Volume for the immediately preceding quarter shall
apply to such quarter. 

  
 2 

 (d) CTH shall pay CONSOL each month in accordance with the terms of this Agreement for Supply
Services provided by CONSOL an amount equal to the product of (i) the amount equal to the sum of (A) the aggregate volume of Purchased Water, stated in gallons, received by CTH during such month and (B) the Shortfall Volumes (if any)
multiplied by (ii) the Supply Fee. Unless otherwise agreed by the Parties, the Supply Fee will be the applicable fee for the Supply Services during the Initial Term. The Supply Fee applicable to the Supply Services during each Additional Term
(if any) will be as mutually agreed by the Parties based on then-current market conditions; provided that if the Parties are unable to agree on the Supply Fee applicable to the Supply Services during an Additional Term, then CONSOL shall be
under no obligation to provide the Supply Services. 
 (e) All Purchased Water delivered by CONSOL shall be subject to, and comply with, any
water quality standards imposed by any applicable permits, contracts and/or Law. 
 (f) Title to any Purchased Water shall remain with
CONSOL until acceptance of such Purchased Water by CTH at the Delivery Point. 
 2.2 Water Treatment Services. 

(a) CTH shall have the option, but not the obligation, upon reasonable advance prior notice to receive from CONSOL the Treatment Services with
respect to Treatment Water delivered to the Receipt Point. 
 (b) CTH shall pay CONSOL each month in accordance with the terms of this
Agreement for Treatment Services provided by CONSOL an amount equal to the product of (i) the aggregate volume of Treatment Water, stated in gallons, delivered by CTH to CONSOL during such month multiplied by (ii) the Treatment Fee. Unless
otherwise agreed by the Parties, the Treatment Fee will be the fee for the Treatment Services during the first Term Year. The Treatment Fee applicable to the Treatment Services during each succeeding Term Year following will be as mutually agreed by
the Parties based on then-current market conditions and operating costs of the Water Treatment Facility, which for the avoidance of doubt shall include maintenance expenses but shall not include any Capital Expenses. In the event the Parties are
unable to agree on the Treatment Fee applicable to the Treatment Services with regard to a Term Year following the first Term Year then such Treatment Fee shall default to the fair market rate based on the actual costs of CONSOL in providing the
Treatment Services, including a reasonable amount of overhead costs; provided that if the Parties are unable to agree upon the default rate, such default rate shall be determined through arbitration in accordance with Section 2.9.

 (c) CONSOL shall treat all Treatment Water to the standards required by Law, including the standards contained in the applicable National
Pollutant Discharge Elimination System permits. 
 2.3 Water Treatment Facility Services. CONSOL shall oversee, supervise and
manage the day-to-day operations associated with the Water Treatment Facility and perform all acts necessary to maintain and operate the Water Treatment Facility in compliance with applicable Law, including taking and providing water samples to
Governmental Authorities, and any instructions provided by CTH from time to time (the “Operational Services”). All capital expenditures related to or required in connection with the Water Treatment Facility and/or any
pipelines related to, or measurement facilities at or upstream of, the Water Treatment Facility (collectively, the “Capital Expenses”) shall be the sole responsibility of CTH. 

  
 3 

 2.4 Water Services Standard of Care. CONSOL shall perform the Water Services
consistently with past practices and in a manner that, individually or in the aggregate, is not grossly negligent and does not constitute willful misconduct; provided that, for the avoidance of doubt, the total number of applicable permit
violations by CONSOL during the Term shall be considered in determining whether CONSOL has acted with gross negligence or willful misconduct. 

2.5 Access Rights. 

(a) CTH shall provide CONSOL access to and use of those certain assets and facilities owned or controlled by CTH, including the Water
Treatment Facility, the Dam Supply Pipeline, the Discharge Pipelines and the Water Sources (the “CTH Facilities”) to the extent necessary for CONSOL (i) to perform the Water Services and (ii) at its sole cost and
expense, to take and market water to Third Parties and/or to provide services to Third Parties; provided that CTH’s right to Water Services under this Agreement shall have priority over any services provided by CONSOL to Third Parties
and CONSOL shall not curtail the Water Services provided to CTH hereunder without first curtailing all services provided to Third Parties to the extent CONSOL is utilizing CTH Facilities to provide such services. 

(b) Subject to terms and conditions set forth in this Agreement, CONSOL shall have the sole and exclusive right to market and/or sell water
obtained from a Water Source and/or the CTH Facilities to Third Parties. 
 (c) CONSOL shall defend, indemnify and holds harmless the CTH
Indemnified Parties from and against any and all Losses arising out of, resulting from or relating to CONSOL’s use of the CTH Facilities, EVEN IF SUCH LIABILITIES ARISE OUT OF OR RESULT FROM, SOLELY OR IN PART, THE SOLE, ACTIVE, PASSIVE,
CONCURRENT OR COMPARATIVE NEGLIGENCE, STRICT LIABILITY OR OTHER FAULT OR VIOLATION OF LAW OF OR BY A MEMBER OF THE CTH INDEMNIFIED PARTIES, EXCEPTING ONLY LOSSES ACTUALLY RESULTING ON THE ACCOUNT OF THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF A
MEMBER OF THE CTH INDEMNIFIED PARTIES. 
 2.6 Insurance. CONSOL shall (i) obtain and maintain any and all insurance
that is required by applicable Laws or that would otherwise be required by a reasonable, prudent service provider providing the Water Services and (ii) use its commercially reasonable efforts to name each Owning Party as additional insureds on
such subcontractors’ insurance policies (with waivers of subrogation in favor of each Owning Party). 
 2.7 Payment Terms;
Disputed Charges. 
 (a) No later than 30 days after the end of each calendar month, CONSOL shall prepare and deliver to CTH, an
invoice for the Supply Fee, the Treatment Fee and, if applicable, the Shortfall Fee, in each case, incurred during such calendar month (or, in the case of the Shortfall Fee, the applicable quarter). 

  
 4 

 (b) CONSOL shall provide to CTH such documentation as CTH may reasonably request to support each
such invoice. 
 (c) Each invoice delivered by CONSOL pursuant to this Agreement shall be due and payable no later than 30 days after the
receipt of the invoice. All payments shall be made by wire transfer of immediately available funds, to the account (or accounts) designated by CONSOL, from time to time, no later than 1:00 p.m. (Pittsburgh, Pennsylvania time) on the due date. 

(d) In addition to CTH’s right under Section 2.8, if CTH disputes in good faith all or any portion of an invoice delivered by
CONSOL pursuant to this Agreement, CTH may deliver written notice of such dispute to CONSOL within 40 days of receipt of such invoice, setting forth in reasonable detail the reasons for such dispute. Notwithstanding the delivery of any such written
notice of dispute, CTH shall pay to CONSOL the full amount of such invoice (including any disputed portions of such invoice) in accordance with the terms of this Agreement. If it is determined by the Parties or otherwise that any amount paid by CTH
to CONSOL was improperly paid, then subject to Section 2.7(e), CONSOL shall promptly reimburse CTH the amount of such improper payment. 

(e) If (i) CTH fails to pay any amount when due or (ii) (A) CTH disputes an invoice hereunder, (B) pays the full amount of
such invoice and (C) it is determined by the Parties or otherwise that CONSOL must reimburse CTH any portion of the amount of such invoice, then such amount shall bear interest from the due date (or the date the disputed amount was paid by CTH
in case of a reimbursement owed by CONSOL to CTH ) to the date such amount is paid by CTH (or CONSOL, if applicable) at the Agreed Rate. 

(f) The Parties acknowledge and agree that CONSOL has or may enter into Water Sales Agreements and that, in exchange for the access rights
provided under Section 2.5 with respect to such Water Sales Agreements, CTH shall receive a credit against all amounts and fees due and payable by CTH under this Agreement in an amount equal to the Water Sales Credit. CONSOL shall track,
and each invoice submitted by CONSOL under this Agreement shall reflect, all Water Sales Credits to which CTH is entitled. If, for any given month, the amount of any Water Sales Credits owed by CONSOL to CTH exceed the amount of fees and expenses
owed by CTH under this Agreement during such month, the excess Water Sales Credits shall be applied to the following month(s). Any credits owed to CTH under this Section 2.7 shall not expire until termination of this Agreement, at which
time any accumulated credits shall expire without any additional compensation owed by CONSOL to CTH. 
 2.8 Audit. CTH, upon
reasonable written notice to CONSOL, shall have the right to audit CONSOL’s accounts and records relating to the Water Services for any Term Year within the 24-month period following the end of such Term Year. CONSOL shall not bear any portion
of CTH’s audit cost incurred under this Section 2.8. The audits shall not be conducted more frequently than bi-annually without the prior approval of CONSOL. Upon the completion of any such audit the results of which evidence an
overcharging by CONSOL for Water Services rendered or any inaccuracies in any Water Sales Credits, CTH may notify CONSOL of such overcharge or inaccuracy and request reimbursement or other compensation thereof, and such notice shall include
CTH’s calculations and reasonable data supporting such overcharge or 

  
 5 

 
inaccuracy. Within 30 days after receipt of CTH’s notice under this audit provision, CONSOL shall notify CTH if CONSOL disputes the results of the audit. CONSOL’s failure to notify CTH
of such dispute within such time period shall be deemed to be agreement with the audit results. If CONSOL timely notifies CTH that it disputes the audit results, then each of CONSOL and CTH shall designate a representative, and, not later than 10
Business Days from such selection, such representatives shall meet in an effort to resolve such disputed audit results. Such representatives shall attempt to agree on a resolution of such dispute within 10 Business Days from meeting. Upon such
deadline, if no consensual resolution has been reached, either Party may cause such dispute to be submitted to arbitration in accordance with Section 2.9. This Section 2.8 shall survive the expiration or termination of this
Agreement for a period of 24 months. 
 2.9 Arbitrator. In the event that the Parties cannot reach agreement regarding any
disputes regarding (i) amounts invoiced hereunder pursuant to Section 2.7 or Section 2.8 or (ii) the Treatment Fee or Water Sales Credit applicable to the Treatment Services or any Water Sales Agreement during each
succeeding Term Year following the initial Term Year, either Party may refer the remaining matters in dispute to the Philadelphia, Pennsylvania office of a mutually agreeable nationally recognized accounting firm (the
“Arbitrator”) for review and final determination by arbitration. Should such selected firm fail or refuse to agree to serve as Arbitrator within ten Business Days after receipt of a written request from any Party to serve,
and should the Parties fail to agree in writing on another replacement Arbitrator within five Business Days after the end of that ten-day period, or should no replacement Arbitrator agree to serve within 30 days after the original written request
pursuant to this Section 2.9, the Arbitrator shall be a nationally recognized accounting firm appointed by the Philadelphia office of the American Arbitration Association. The Arbitrator’s determination shall be made within 30 days
after submission of the matters in dispute and shall be final and binding on the Parties, without right of appeal. The Arbitrator shall act as an expert for the limited purpose of determining the specific disputed matters submitted by the Parties
and may not award damages or penalties to the Parties with respect to any matter. Each Party shall each bear its own legal fees and other costs of presenting its case. The fees, costs and expenses of the Arbitrator, shall be allocated between the
Parties based upon the percentage which the portion of the disputed matters not awarded to such Party bears to the amount actually contested by such Party. The provisions of this Section 2.9 shall survive the expiration or termination of
this Agreement. 
 2.10 Permits. Subject to Section 2.11, CTH shall be responsible for obtaining and/or
maintaining all permits required by Law and necessary for CONSOL to provide the Water Services. 
 2.11 Notices. In the event
either Party receives (a) a notice of non-compliance with, or violation of, any permit related to the Water Services, (b) a notice or information related to Treatment Water being discharged that is not in compliance with quality standards
imposed by any applicable permit, contract or Law, or (c) any other notice or information related to the Water Services or terms of this Agreement (collectively, “Notices”), the receiving Party shall, as soon as
reasonably practical, forward such Notice to the other Party. To the extent, CONSOL provides CTH any Notice related to the discharge of Treatment Water, CTH shall be responsible for complying with all self-reporting requirements in accordance with
all applicable permits, contracts and/or Laws. 

  
 6 

 ARTICLE III 

LIABILITY OF THE PARTIES; INDEMNIFICATION 

3.1 Release. Except as set forth in Section 3.2 and Section 2.4(b), each Party hereby releases,
discharges and forever waives any claims against the other Party with respect to any breach of this Agreement. 
 3.2 Omnibus
Agreement Indemnities. The Parties hereby acknowledge and agree that, except for the rights of the Parties to terminate this Agreement pursuant to Article IV and as set forth in Section 2.5(c), the indemnities set forth
under the Omnibus Agreement shall be the Parties’ exclusive remedies with respect to any breach of this Agreement. For the avoidance of doubt, except as set forth in the Omnibus Agreement, in no event shall CONSOL have any liability under this
Agreement or applicable Law, with respect to the provision of the Water Services under this Agreement for any claim, damage, loss or liability sustained or incurred in connection with the provision of the Water Services or any breach of any
provision of this Agreement. 
 3.3 Disclaimer. NOTWITHSTANDING ANY OTHER TERM OF THIS AGREEMENT TO THE CONTRARY, CONSOL MAKES
NO, AND DISCLAIMS ANY, REPRESENTATIONS AND WARRANTIES, EXPRESS, IMPLIED OR STATUTORY WITH RESPECT TO THE PERFORMANCE OR RESULTS OF THE WATER SERVICES OR ANY DATA OR INFORMATION PROVIDED BY CONSOL HEREUNDER. 

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

TERM; TERMINATION 

4.1 Term. This Agreement will commence on the Execution Date and will remain in full force and effect for an initial term of
five years (the “Initial Term”) and will continue in full force and effect thereafter for successive one year periods (each, an “Additional Term”) unless terminated by either Party at the end of the
Initial Term or any Additional Term by giving not less than 30 days’ prior written notice, subject in each case to earlier termination in accordance with Section 4.2 or Section 4.3 (such period of time, the
“Term”). 
 4.2 CONSOL Termination. CONSOL may terminate this Agreement upon written notice to CTH
upon the Bankruptcy of CTH. 
 4.3 CTH Termination. CTH may terminate this Agreement upon written notice to CONSOL following
the occurrence of any one or more of the following: 
 (a) the Bankruptcy of CONSOL; or 

(b) an action constituting willful misconduct or gross negligence on the part of CONSOL in connection with the performance of the Water
Services. 

  
 7 

 4.4 Effect of Termination. The terms of Article III, this Article IV
and Article VI shall survive any termination of this Agreement. The termination of this Agreement shall not relieve either Party of any liability or obligation accruing or that had accrued prior to the termination of this Agreement nor
deprive a Party not in breach (other than a breach because such Party is rightfully withholding performance in response to a breach by the other Party) of its rights to any remedy otherwise available to such Party. 

ARTICLE V 
 FORCE MAJEURE

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

MISCELLANEOUS 
 6.1
Assignment. This Agreement may not be assigned by any Party, in whole or in part, without the prior written consent of the other Party. 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 

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

CNX Water Assets LLC 
 1000
CONSOL Energy Drive 
 Canonsburg PA, 15317 

Attention: Director Water Marketing 

Email: marshallroberts@consolenergy.com 

with a copy to: 
 Attention:
Vice President 
 Email: stevejohnson@consolenergy.com 

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

Canonsburg PA, 15317 

Attention: Chief Financial Officer 

Email: LoriRitter@consolenergy.com 

with a copy to: 
 Attention:
General Counsel 
 Email: MarthaWiegand@consolenergy.com 

Any notice given in accordance herewith shall be deemed to have been given when (a) delivered to the addressee in person or by courier,
(b) transmitted by electronic communications during normal business hours, or if transmitted after normal business hours, on the next Business Day, or (c) upon actual receipt by the addressee after such notice has either been delivered to
an overnight courier or deposited in the U.S. Mail if received during normal business hours, or if not received during normal business hours, then on the next Business Day, as the case may be. Any Party may change their contact information for
notice by giving notice to the other Parties in the manner provided in this Section 6.2. 
 6.3 Further
Assurances. In connection with this Agreement and the transactions contemplated hereby, each Party shall execute and deliver, or cause to be executed and delivered, any additional documents and instruments and perform any additional acts
that may be reasonably necessary or appropriate to effectuate and perform the provisions of this Agreement and the transactions contemplated herein. 

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

  
 9 

 6.5 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. 

6.6 Entire Agreement; Conflicts. This Agreement 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 between (a) the terms and provisions of this Agreement and the terms and provisions of any Appendix hereto or (b) the terms and provisions of this Agreement and the terms and
provisions the Omnibus Agreement, in each case, the terms and provisions of the Omnibus Agreement shall govern and control; provided, however, that the inclusion of any terms and conditions in the Appendix hereto or the Omnibus Agreement which are
not addressed in this Agreement shall not be deemed a conflict. 
 6.7 Amendment. This Agreement may be amended only by an
instrument in writing executed by the Parties and expressly identified as an amendment or modification. 
 6.8 Governing Law;
Jurisdiction. This Agreement shall be subject to and governed by the laws of the State of Texas, excluding any conflicts-of-law rule or principle that might refer the construction or interpretation of this Agreement to the Laws of another
state. The Parties hereby acknowledge and agree that Section 6.2(b) of the Omnibus Agreement shall apply to this Agreement mutatis mutandis. 

6.9 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. 
 6.10 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. 
 6.11 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. 

  
 10 

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

  
 11 

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

  

			
	 CONSOL:
  

CNX WATER ASSETS LLC

		
	By:	 	 
	Name:
	Title:

  

			
	 CTH:
  

CNX THERMAL HOLDINGS LLC

		
	By:	 	 
	Name:
	Title:

 [Signature Page to Water Supply and Services Agreement] 

 APPENDIX I 

Definitions 

“Arbitrator” has the meaning set forth in Section 2.9. 

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

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

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

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

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

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

“CTH Facilities” has the meaning set forth in Section 2.4(a). 

“CTH Indemnified Parties” means CTH and its Affiliates, and all of its and their respective partners, members,
directors, officers, managers, employees, agents and representatives. 
 “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 

 “Dam Supply Pipeline” means CTH’s water supply pipeline that
connects the Washington Dam to the Farmer’s Lane Tank. 
 “Delivery Point” means the Farmers Lane Delivery
Point or such other mutually agreeable delivery points as reasonably designated in advance by CTH. 
 “Discharge
Pipelines” means CTH’s water discharge pipelines downstream of the Water Treatment Facility. 
 “Execution
Date” has the meaning set forth in the Preamble. 
 “Farmers Lane Delivery Point” means the point of
delivery of Purchased Water at the Farmers Lane Tank located at 40.091928, -80.29067. 
 “Force Majeure” means an
act of God; strike, lockout or other similar disturbance; act of the public enemy; war; blockade; public riot; lightning, fire, storm, flood or other act of nature or the elements; explosion; action, delay or inaction of a Governmental Authority
that is reasonably unforeseen or unexpected; unavailable equipment not within the control of the Party claiming suspension; and any other cause, whether of the kind specifically enumerated above or otherwise, which is not reasonably within the
control of the Party claiming suspension. 
 “General Partner” means CNX Coal Resources GP LLC, a Delaware limited
liability company. 
 “Governmental Authority” means any federal, state, local, municipal, tribal or other
government; any governmental, regulatory or administrative agency, commission, body or other authority exercising or entitled to exercise any administrative, executive, judicial, legislative, regulatory or taxing authority or power; and any court or
governmental tribunal, including any tribal authority having or asserting jurisdiction. 
 “Initial Term” has the
meaning set forth in Section 4.1. 
 “Laws” means any applicable statute, law, rule, regulation,
ordinance, order, code, ruling, writ, injunction, decree or other official act of or by any Governmental Authority. 

“Losses” shall mean any and all claims, causes of action, payments, charges, judgments, assessments, liabilities,
losses, damages, penalties, fines and costs and expenses, including any attorneys’ fees, legal or other expenses incurred in connection therewith and including liabilities, costs, losses and damages for personal injury or death or property
damage or environmental damage or remediation. 
 “Mine Operations Water” has the meaning set forth in the Recitals.

 “Mine Produced Water” has the meaning set forth in the Recitals. 

“Nominated Volume” has the meaning set forth in Section 2.1(c). 

APPENDIX I 

 “Non-Acquired Volumes” means, with respect to a
quarter, an amount equal to (i) 90% of the Nominated Volumes, stated in gallons, during such quarter minus (ii) the aggregate volume of Purchased Water, stated in gallons, actually received by CTH during such quarter.
 
 “Notices” has the meaning set forth in Section 2.11. 

“Omnibus Agreement” means that certain Omnibus Agreement dated as of the Execution Date, by and
among CONSOL Energy Inc., General Partner, Partnership and the other parties thereto, as the same may be amended, revised, supplemented or otherwise modified from time to time.  

“Owning Parties” means collectively, CTH, Conrhein Coal Company and Consol Pennsylvania Coal Company LLC, and each of
their successors and assigns. 
 “Partnership” means CNX Coal Resources LP, a Delaware limited partnership. 

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

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

“Person” means any individual, corporation, company, partnership, limited partnership, limited liability company,
trust, estate, Governmental Authority or any other entity. 
 “Purchased Water” has the meaning set forth in
Section 2.1(a). 
 “Receipt Points” means the point of receipt of Treatment Water at the Water Treatment
Facility or such other mutually agreeable receipt points as reasonably designated in advance by CTH, and “Receipt Point” means any of them. 

“Shortfall Volumes” means, the amount of Non-Acquired Volumes (if any) for which CONSOL could
reasonably have provided water supply services to Third Parties under a then-existing contract or spot sales arrangement (or any contract or spot sales arrangement that CONSOL could potentially have entered into) but for the existence of this
Agreement and the commitments hereunder; provided, however, if CONSOL did not have the ability to sell to viable purchasers all of its available water supply on commercially reasonable terms for such quarter then the Shortfall Volumes shall be
deemed to be zero.  
 “Supply Fee” means $0.0035 per gallon, as may be amended from time to time by the
Parties pursuant to Section 2.1(d). 
 “Supply Services” means the delivery of such Purchased Water to
the Delivery Point(s). 
 “Term” has the meaning set forth in Section 4.1. 

“Term Year” means, as applicable, the period of time from the Execution Date until the one year anniversary of the
Execution Date or any annual period thereafter. 
 APPENDIX I 

 “Third Party” means any Person other than a Party to this Agreement or an
Affiliate of a Party to this Agreement. 
 “Treatment Fee” means $0.00191 per gallon, as may be amended from time to
time by the Parties pursuant to Section 2.2(b). 
 “Treatment Services” means the receipt at the Receipt
Point(s), handling, treatment (including sampling and testing to ensure any discharged Treatment Water complies with the standards set forth in any applicable permit), transportation and disposal of Mine Produced Water. 

“Treatment Water” means any such Mine Produced Water with respect to which CTH elects for CONSOL to provide the
Treatment Services. 
 “Water Services” means, collectively, the Supply Services, the Treatment Services and the
Operational Services. 
 “Water Source” means any source of water owned and/or operated by CTH. 

“Water Sales Agreements” means any agreement entered into by CONSOL for the marketing and/or sale
of water obtained from a Water Source and/or the CTH Facilities (but excluding water obtained from any interconnection with the Dam Supply Pipeline installed by CONSOL), including (a) that certain Water Sales Agreement dated September 4,
2014, by and between CONSOL Pennsylvania Coal Company, LLC and CNX Gas Company LLC and (b) that certain Water Sales Agreement dated August 21, 2014, by and between CONSOL Pennsylvania Coal Company, LLC and Rice Energy Inc.  

“Water Sales Credit” means a credit equal to 20% of the net profits received under the Water Sales Agreements. 

“Water Treatment Facility” means that certain water treatment facility commonly referred to as the 18-H
Water Treatment Facility and located at 39.8726, -80.5473.  
 APPENDIX I

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00246-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00246-of-00352.parquet"}]]