Document:

Form of Indenture

 Exhibit 4.10 

IDENTIVE GROUP, INC. 
 AND 

[                    ]

 AS TRUSTEE 
 INDENTURE 
 DATED AS
OF             , 20     

DEBT SECURITIES 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	 	  	Page
	 ARTICLE 1.     DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION 
	  	  1
		  	Section 1.1	  	Definitions	  	  1
		  	Section 1.2	  	Compliance Certificates and Opinions	  	  8
		  	Section 1.3	  	Form of Documents Delivered to Trustee	  	  8
		  	Section 1.4	  	Acts of Holders; Record Dates	  	  9
		  	Section 1.5	  	Notices, etc., to Trustee and Company	  	10
		  	Section 1.6	  	Notice to Holders; Waiver	  	11
		  	Section 1.7	  	Conflict with Trust Indenture Act	  	11
		  	Section 1.8	  	Effect of Headings and Table of Contents	  	11
		  	Section 1.9	  	Successors and Assigns	  	11
		  	Section 1.10	  	Separability Clause	  	11
		  	Section 1.11	  	Benefits of Indenture	  	12
		  	Section 1.12	  	Governing Law	  	12
		  	Section 1.13	  	Legal Holidays	  	12
		  	Section 1.14	  	Indenture and Securities Solely Corporate Obligations	  	12
		  	Section 1.15	  	Indenture May be Executed in Counterparts	  	12
		
	 ARTICLE 2.     SECURITY FORMS 
	  	13
				
		  	Section 2.1	  	Forms Generally	  	13
		  	Section 2.2	  	Form of Face of Security	  	13
		  	Section 2.3	  	Form of Reverse of Security	  	14
		  	Section 2.4	  	Form of Legend for Global Securities	  	17
		  	Section 2.5	  	Form of Trustee’s Certificate of Authentication	  	18
		  	Section 2.6	  	Form of Conversion Notice	  	18
		
	 ARTICLE 3.     THE SECURITIES 
	  	20
				
		  	Section 3.1	  	Amount Unlimited; Issuable in Series	  	20
		  	Section 3.2	  	Denominations	  	22
		  	Section 3.3	  	Execution, Authentication, Delivery and Dating	  	22
		  	Section 3.4	  	Temporary Securities	  	24
		  	Section 3.5	  	Registration; Registration of Transfer and Exchange	  	24
		  	Section 3.6	  	Mutilated, Destroyed, Lost and Stolen Securities	  	26
		  	Section 3.7	  	Payment of Interest; Interest Rights Preserved	  	26
		  	Section 3.8	  	Persons Deemed Owners	  	28
		  	Section 3.9	  	Cancellation	  	28
		  	Section 3.10	  	Computation of Interest	  	28
		
	 ARTICLE 4.     SATISFACTION AND DISCHARGE 
	  	28
				
		  	Section 4.1	  	Satisfaction and Discharge of Indenture	  	28
		  	Section 4.2	  	Application of Trust Money	  	29

  
 -i-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	 	  	Page
	 ARTICLE 5.     REMEDIES 
	  	29
				
		  	Section 5.1	  	Events of Default	  	29
		  	Section 5.2	  	Acceleration of Maturity; Rescission and Annulment	  	30
		  	Section 5.3	  	Collection of Indebtedness and Suits for Enforcement by Trustee	  	32
		  	Section 5.4	  	Trustee May File Proofs of Claim	  	32
		  	Section 5.5	  	Trustee May Enforce Claims Without Possession of Securities	  	33
		  	Section 5.6	  	Application of Money Collected	  	33
		  	Section 5.7	  	Limitation on Suits	  	33
		  	Section 5.8	  	Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert	  	34
		  	Section 5.9	  	Restoration of Rights and Remedies	  	34
		  	Section 5.10	  	Rights and Remedies Cumulative	  	34
		  	Section 5.11	  	Delay or Omission Not Waiver	  	35
		  	Section 5.12	  	Control by Holders	  	35
		  	Section 5.13	  	Waiver of Past Defaults	  	35
		  	Section 5.14	  	Undertaking for Costs	  	35
		  	Section 5.15	  	Waiver of Usury, Stay or Extension Laws	  	36
		
	 ARTICLE 6.     THE TRUSTEE 
	  	36
				
		  	Section 6.1	  	Certain Duties and Responsibilities	  	36
		  	Section 6.2	  	Notice of Defaults	  	36
		  	Section 6.3	  	Certain Rights of Trustee	  	37
		  	Section 6.4	  	Not Responsible for Recitals or Issuance of Securities	  	38
		  	Section 6.5	  	May Hold Securities and Act as Trustee under Other Indentures	  	38
		  	Section 6.6	  	Money Held in Trust	  	38
		  	Section 6.7	  	Compensation and Reimbursement	  	38
		  	Section 6.8	  	Conflicting Interests	  	39
		  	Section 6.9	  	Corporate Trustee Required; Eligibility	  	39
		  	Section 6.10	  	Resignation and Removal; Appointment of Successor	  	39
		  	Section 6.11	  	Acceptance of Appointment by Successor	  	40
		  	Section 6.12	  	Merger, Conversion, Consolidation or Succession to Business	  	41
		  	Section 6.13	  	Preferential Collection of Claims Against Company	  	42
		  	Section 6.14	  	Appointment of Authenticating Agent	  	42
		
	 ARTICLE 7.     HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY 
	  	43
				
		  	Section 7.1	  	Company to Furnish Trustee Names and Addresses of Holders	  	43
		  	Section 7.2	  	Preservation of Information; Communications to Holders	  	43
		  	Section 7.3	  	Reports by Trustee	  	44
		  	Section 7.4	  	Reports by Company	  	44

  
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 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	 	  	Page
	 ARTICLE 8.     CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE 
	  	44
				
		  	Section 8.1	  	Company May Consolidate, etc., Only on Certain Terms	  	44
		  	Section 8.2	  	Successor Substituted	  	45
		
	 ARTICLE 9.     SUPPLEMENTAL INDENTURES 
	  	46
				
		  	Section 9.1	  	Supplemental Indentures Without Consent of Holders	  	46
		  	Section 9.2	  	Supplemental Indentures with Consent of Holders	  	47
		  	Section 9.3	  	Execution of Supplemental Indentures	  	48
		  	Section 9.4	  	Effect of Supplemental Indentures	  	48
		  	Section 9.5	  	Conformity with Trust Indenture Act	  	48
		  	Section 9.6	  	Reference in Securities to Supplemental Indentures	  	48
		
	 ARTICLE 10.     COVENANTS 
	  	49
				
		  	Section 10.1	  	Payment of Principal, Premium and Interest	  	49
		  	Section 10.2	  	Maintenance of Office or Agency	  	49
		  	Section 10.3	  	Money for Securities Payments To Be Held in Trust	  	49
		  	Section 10.4	  	Statement by Officers as to Default	  	50
		  	Section 10.5	  	Existence	  	50
		  	Section 10.6	  	Maintenance of Properties	  	50
		  	Section 10.7	  	Payment of Taxes and Other Claims	  	51
		  	Section 10.8	  	Waiver of Certain Covenants	  	51
		
	 ARTICLE 11.     REDEMPTION OF SECURITIES 
	  	51
				
		  	Section 11.1	  	Applicability of Article	  	51
		  	Section 11.2	  	Election to Redeem; Notice to Trustee	  	51
		  	Section 11.3	  	Selection by Trustee of Securities to Be Redeemed	  	52
		  	Section 11.4	  	Notice of Redemption	  	52
		  	Section 11.5	  	Deposit of Redemption Price	  	53
		  	Section 11.6	  	Securities Payable on Redemption Date	  	54
		  	Section 11.7	  	Securities Redeemed in Part	  	54
		
	 ARTICLE 12.     SINKING FUNDS 
	  	54
				
		  	Section 12.1	  	Applicability of Article	  	54
		  	Section 12.2	  	Satisfaction of Sinking Fund Payments with Securities	  	55
		  	Section 12.3	  	Redemption of Securities for Sinking Fund	  	55
		
	 ARTICLE 13.     DEFEASANCE AND COVENANT DEFEASANCE 
	  	55
				
		  	Section 13.1	  	Company’s Option to Effect Defeasance or Covenant Defeasance	  	55
		  	Section 13.2	  	Defeasance and Discharge	  	55
		  	Section 13.3	  	Covenant Defeasance	  	56
		  	Section 13.4	  	Conditions to Defeasance or Covenant Defeasance	  	56

  
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 TABLE OF CONTENTS 

(continued) 
  

							
		  	Section 13.5	  	Deposited Money, U.S. Government Obligations and Foreign Government Obligations to be Held in Trust; Miscellaneous Provisions	  	58
		  	Section 13.6	  	Reinstatement	  	59
		
	 ARTICLE 14.     CONVERSION OF SECURITIES 
	  	59
				
		  	Section 14.1	  	Applicability of Article	  	59
		  	Section 14.2	  	Exercise of Conversion Privilege	  	59
		  	Section 14.3	  	No Fractional Shares	  	60
		  	Section 14.4	  	Adjustment of Conversion Price or Conversion Rate	  	61
		  	Section 14.5	  	Notice of Certain Corporate Actions	  	61
		  	Section 14.6	  	Reservation of Shares of Common Stock	  	62
		  	Section 14.7	  	Payment of Certain Taxes Upon Conversion	  	62
		  	Section 14.8	  	Nonassessability	  	62
		  	Section 14.9	  	Provision in Case of Consolidation, Merger or Sale of Assets	  	62
		  	Section 14.10	  	Duties of Trustee Regarding Conversion	  	63
		  	Section 14.11	  	Repayment of Certain Funds Upon Conversion	  	63
		
	 ARTICLE 15.     CONCERNING THE SECURITYHOLDERS 
	  	64
				
		  	Section 15.1	  	Evidence of Action of Holders	  	64
		  	Section 15.2	  	Proof of Execution or Holding of Securities	  	64
		  	Section 15.3	  	Persons Deemed Owners	  	65
		  	Section 15.4	  	Effect of Consents	  	65
		
	 ARTICLE 16.     SECURITYHOLDERS’ MEETINGS 
	  	65
				
		  	Section 16.1	  	Purposes of Meetings	  	65
		  	Section 16.2	  	Call of Meetings by Trustee	  	66
		  	Section 16.3	  	Call of Meetings by Company or Holders	  	66
		  	Section 16.4	  	Qualifications for Voting	  	66
		  	Section 16.5	  	Regulation of Meetings	  	66
		  	Section 16.6	  	Voting	  	67
		  	Section 16.7	  	No Delay of Rights by Meeting	  	67

  
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 Identive Group, Inc. 

Certain Sections of this Indenture relating to Sections 310 through 318, inclusive, of the Trust Indenture Act of 1939:

  

					
	 Section 310
	 	(a)(1)	  	6.9
		 	(a)(2)	  	6.9
		 	(a)(3)	  	Not Applicable
		 	(a)(4)	  	Not Applicable
		 	(b)	  	6.8,6.10
	 Section 311
	 	(a)	  	6.13
		 	(b)	  	6.13
	 Section 312
	 	(a)	  	7.1,7.2
		 	(b)	  	7.2
		 	(c)	  	7.2
	 Section 313
	 	(a)	  	7.3
		 	(b)	  	7.3
		 	(c)	  	7.3
		 	(d)	  	7.3
	 Section 314
	 	(a)	  	7.4
		 	(a)(4)	  	10.1, 10.4
		 	(b)	  	Not Applicable
		 	(c)(1)	  	1.2
		 	(c)(2)	  	1.2
		 	(c)(3)	  	Not Applicable
		 	(d)	  	Not Applicable
		 	(e)	  	1.2
	 Section 315
	 	(a)	  	6.1
		 	(b)	  	6.2
		 	(c)	  	6.1
		 	(d)	  	6.1
		 	(e)	  	5.14
	 Section 316
	 	(a)	  	1.1
		 	(a)(1)(A)	  	5.2, 5.12
		 	(a)(1)(B)	  	5.13
		 	(a)(2)	  	Not Applicable
		 	(b)	  	5.8
		 	(c)	  	1.4
	 Section 317
	 	(a)(1)	  	5.3
		 	(a)(2)	  	5.4
		 	(b)	  	10.3
	 Section 318
	 	(a)	  	1.7

 NOTE: This reconciliation and tie shall
not, for any purpose, be deemed to be a part of the Indenture. 

  
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 INDENTURE, dated as of
            , 20    , between Identive Group, Inc., a corporation duly organized and existing under the laws of the State of Delaware (herein called the
“Company”), having its principal executive office at 1900-B Carnegie Avenue, Santa Ana, California 92705 and                     ,
as Trustee (herein called the “Trustee”). 
 RECITALS OF THE COMPANY 

The Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its
unsecured debentures, notes or other evidences of indebtedness (herein called the “Securities”), to be issued in one or more series as provided in this Indenture. 
 All things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done. 
 NOW, THEREFORE, THIS INDENTURE WITNESSETH: 
 For and in consideration of
the premises and the purchase of the Securities by the Holders thereof, it is mutually covenanted and agreed, for the equal and proportionate benefit of all Holders of the Securities or of series thereof appertaining, as follows: 

ARTICLE 1 

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION 
 Section 1.1 Definitions. 
 For all purposes of this Indenture, except
as otherwise expressly provided or unless the context otherwise requires: 
 (1) the terms defined in this Article have the
meanings assigned to them in this Article and include the plural as well as the singular; 
 (2) all other terms used herein
which are defined in the Trust Indenture Act, either directly or by reference therein, have the meanings assigned to them therein; 
 (3) all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with generally accepted accounting principles in the United States of America, and, except as
otherwise herein expressly provided, the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder shall mean such accounting principles in the United States of America as are generally
accepted at the date of such computation; 
 (4) all references to “$” refer to the lawful currency of the United
States of America; 
 (5) unless the context otherwise requires, any reference to an “Article” or a
“Section” refers to an Article or a Section, as the case may be, of this Indenture; and 

 (6) the words “herein,” “hereof” and “hereunder” and other
words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision. 

“Act,” when used with respect to any Holder, has the meaning specified in Section 1.4. 

“Additional Interest” has the meaning specified in Section 5.2(b). 

“Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct
or indirect common control with such specified Person. 
 “Authenticating Agent” means any Person authorized by the
Trustee pursuant to Section 6.14 to act on behalf of the Trustee to authenticate Securities of one or more series. 

“Board of Directors” means either the board of directors of the Company or any duly authorized committee of that board
empowered to act for it with respect to this Indenture. 
 “Board Resolution” means a copy of a resolution certified
by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Trustee. 

“Business Day,” when used with respect to any Place of Payment, means each Monday, Tuesday, Wednesday, Thursday and Friday
which is not a day on which banking institutions in that Place of Payment are authorized or obligated by law or executive order to close. 
 “Commission” means the Securities and Exchange Commission, from time to time constituted, created under the Exchange Act, or, if at any time after the execution of this instrument such
Commission is not existing and performing the duties now assigned to it under the Trust Indenture Act, then the body performing such duties at such time. 
 “Common Stock” includes any stock of any class of the Company which has no preference in respect of dividends or of amounts payable in the event of any voluntary or involuntary liquidation,
dissolution or winding-up of the Company and which is not subject to redemption by the Company; provided, however, subject to the provisions of Section 14.9, shares issuable upon conversion of Securities shall include only shares
of the class designated as Common Stock of the Company at the date of this Indenture or shares of any class or classes resulting from any reclassification or reclassifications thereof and which have no preference in respect of dividends or of
amounts payable in the event of any voluntary or involuntary liquidation, dissolution or winding-up of the Company and which are not subject to redemption by the Company; provided, further, that if at any time there shall be more than
one such resulting class, the shares of each such class then so issuable shall be substantially in the proportion which the total number of shares of such class resulting from all such reclassifications bears to the total number of shares of all
such classes resulting from all such reclassifications. 
 “Company” means the corporation named as the
“Company” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor Person. 

“Company Request” or “Company Order” means a written request or order signed in the name of the Company by its
Chairman of the Board, its Chief Executive Officer, its President or a Vice President, and by its principal financial officer, its Treasurer, an Assistant Treasurer, its Secretary or an Assistant Secretary, and delivered to the Trustee. 

  
 -2-

 “Constituent Person” has the meaning specified in Section 14.9. 

“control” when used with respect to any specified Person means the power to direct the management and policies of such Person,
directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing. 

“Corporate Trust Office” means the corporate trust office of the Trustee at
                    , Attention: Corporate Trust Department, or such other office, designated by the Trustee by written notice to the Company,
at which at any particular time its corporate trust business shall be administered. 
 “corporation” means a
corporation, association, company, joint-stock company or business trust. 
 “Covenant Defeasance” has the meaning
specified in Section 13.3. 
 “Defaulted Interest” has the meaning specified in Section 3.7. 

“Defeasance” has the meaning specified in Section 13.2. 

“Depositary” means, with respect to Securities of any series issuable in whole or in part in the form of one or more Global
Securities, a clearing agency registered under the Exchange Act that is designated to act as Depositary for such Securities as contemplated by Section 3.1. 
 “euro” or “euros” means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at
Maastricht on February 7, 1992. 
 “European Economic Area” means the member nations of the European Economic
Area pursuant to the Oporto Agreement on the European Economic Area dated May 2, 1992, as amended. 
 “European
Union” means the member nations of the European Union established by the Treaty of European Union, signed at Maastricht on February 7, 1992, which amended the Treaty of Rome establishing the European Community. 

“Event of Default” has the meaning specified in Section 5.1. 

“Exchange Act” means the Securities Exchange Act of 1934 and any statute successor thereto, in each case as amended from time
to time. 
 “Expiration Date” has the meaning specified in Section 1.4. 

  
 -3-

 “Foreign Government Obligation” means with respect to Securities of any series
which are not denominated in the currency of the United States of America (x) any security which is (i) a direct obligation of the government which issued or caused to be issued the currency in which such security is denominated and for
the payment of which obligations its full faith and credit is pledged or, with respect to Securities of any series which are denominated in euros, a direct obligation of any member nation of the European Union 

for the payment of which obligation the full faith and credit of the respective nation is pledged so long as such nation has a credit rating at least
equal to that of the highest rated member nation of the European Economic Area, or (ii) an obligation of a Person controlled or supervised by and acting as an agency or instrumentality of a government specified in clause (i) above the
payment of which is unconditionally guaranteed as a full faith and credit obligation by the such government, which, in either case (i) or (ii), is not callable or redeemable at the option of the issuer thereof, and (y) any depositary
receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act) as custodian with respect to any Foreign Government Obligation which is specified in clause (x) above and held by such bank for the account of the holder of
such depositary receipt, or with respect to any specific payment of principal of or interest on any Foreign Government Obligation which is so specified and held, provided that (except as required by law) such custodian is not authorized to
make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the Foreign Government Obligation or the specific payment of principal or interest evidenced by such
depositary receipt. 
 “Global Security” means a Security that evidences all or part of the Securities of any series
and bears the legend set forth in Section 2.4 (or such legend as may be specified as contemplated by Section 3.1 for such Securities). 
 “Holder” means a Person in whose name a Security is registered in the Security Register. 
 “Indenture” means this instrument as originally executed and as it may from time to time be supplemented or amended by one or more indentures supplemental hereto entered into pursuant to the
applicable provisions hereof, including, for all purposes of this instrument and any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this instrument and any such supplemental
indenture, respectively. The term “Indenture” shall also include the terms of particular series of Securities established as contemplated by Section 3.1; provided, however, that if at any time more than one Person is
acting as Trustee under this Indenture due to the appointment of one or more separate Trustees for any one or more separate series of Securities, “Indenture” shall mean, with respect to such series of Securities for which any such Person
is Trustee, this instrument as originally executed or as it may from time to time be supplemented or amended by one or more indentures supplemental hereto entered into pursuant to the applicable provisions hereof and shall include the terms of
particular series of Securities for which such Person is Trustee established as contemplated by Section 3.1, exclusive, however, of any provisions or terms which relate solely to other series of Securities for which such Person is not Trustee,
regardless of when such terms or provisions were adopted, and exclusive of any provisions or terms adopted by means of one or more indentures supplemental hereto executed and delivered after such Person had become such Trustee, but to which such
person, as such Trustee, was not a party; provided, further that in the event that this Indenture is supplemented or amended by one or more indentures supplemental hereto which are only applicable to certain series of Securities, the
term “Indenture” for a particular series of Securities shall only include the supplemental indentures applicable thereto. 
 “interest,” when used with respect to an Original Issue Discount Security, which by its terms bears interest only after Maturity, means interest payable after Maturity. 

“Interest Payment Date,” when used with respect to any Security, means the Stated Maturity of an installment of interest on
such Security. 
 “Investment Company Act” means the Investment Company Act of 1940 and any statute successor thereto,
in each case as amended from time to time. 

  
 -4-

 “Maturity,” when used with respect to any Security, means the date on which the
principal of such Security or an installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, repurchase at the option of the Holder, upon redemption or otherwise.

 “Non-electing Share” has the meaning specified in Section 14.9. 

“Notice of Default” means a written notice of the kind specified in Section 5.1(4). 

“Officers’ Certificate” means a certificate signed by the Chairman of the Board, the Chief Executive Officer, the
President or a Vice President, and by the principal financial officer, the Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary, of the Company, and delivered to the Trustee. One of the officers signing an Officers’
Certificate given pursuant to Section 10.4 shall be the principal executive, financial or accounting officer of the Company. 
 “Opinion of Counsel” means a written opinion of counsel, who may be counsel for, or an employee of, the Company, and who shall be reasonably acceptable to the Trustee. 

“Original Issue Discount Security” means any Security that provides for an amount less than the principal amount thereof to be
due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 5.2. 

“Outstanding,” when used with respect to Securities, means, as of the date of determination, all Securities theretofore
authenticated and delivered under this Indenture, except 
 (1) Securities theretofore canceled by the Trustee or delivered to
the Trustee for cancellation; 
 (2) Securities for whose payment or redemption money in the necessary amount has been
theretofore deposited with the Trustee or any Paying Agent (other than the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act as its own Paying Agent) for the Holders of such Securities; provided
that, if such Securities are to be redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made; 

(3) Securities as to which Defeasance has been effected pursuant to Section 13.2; and 

(4) Securities which have been paid pursuant to Section 3.6 or in exchange for or in lieu of which other Securities have been
authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Securities are held by a bona fide purchaser in whose hands
such Securities are valid obligations of the Company; 

  
 -5-

 provided, however, that in determining whether the Holders of the requisite principal amount
of the Outstanding Securities have given, made or taken any request, demand, authorization, direction, notice, consent, waiver or other action hereunder as of any date, (A) the principal amount of an Original Issue Discount Security which shall
be deemed to be Outstanding shall be the amount of the principal thereof which would be due and payable as of such date upon acceleration of the Maturity thereof to such date pursuant to Section 5.2, (B) if, as of such date, the principal
amount payable at the Stated Maturity of a Security is not 
 determinable, the principal amount of such Security which shall be deemed to be
Outstanding shall be the amount as specified or determined as contemplated by Section 3.1, (C) the principal amount of a Security denominated in one or more non-U.S. dollar currencies or currency units which shall be deemed to be
Outstanding shall be the U.S. dollar equivalent, determined as of such date in the manner provided as contemplated by Section 3.1, of the principal amount of such Security (or, in the case of a Security described in clause (A) or
(B) above, of the amount determined as provided in such clause), and (D) Securities owned by the Company or any other obligor upon the Securities or any Affiliate of the Company or of such other obligor shall be disregarded and deemed not
to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent, waiver or other action, only Securities which the Trustee knows to be so owned
shall be so disregarded. Securities so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and
that the pledgee is not the Company or any other obligor upon the Securities or any Affiliate of the Company or of such other obligor. 
 “Paying Agent” means any Person authorized by the Company to pay the principal of or any premium or interest on any Securities on behalf of the Company. 

“Person” means any individual, corporation, limited liability company, partnership, joint venture, trust, unincorporated
organization or government or any agency or political subdivision thereof. 
 “Place of Payment,” when used with
respect to the Securities of any series, means the place or places where the principal of and any premium and interest on the Securities of that series are payable as specified as contemplated by Section 3.1. 

“Predecessor Security” of any particular Security means every previous Security evidencing all or a portion of the same debt as
that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 3.6 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed to
evidence the same debt as the mutilated, destroyed, lost or stolen Security. 
 “Prospectus” means the prospectus
dated , 20     and any accompanying prospectus relating to the offering of the Securities. 

“Record Date” means any Regular Record Date or Special Record Date. 

“Redemption Date,” when used with respect to any Security to be redeemed, means the date fixed for such redemption by or
pursuant to this Indenture. 
 “Redemption Price,” when used with respect to any Security to be redeemed, means the
price at which it is to be redeemed pursuant to this Indenture. 
 “Regular Record Date” for the interest payable on
any Interest Payment Date on the Securities of any series means the date specified for that purpose as contemplated by Section 3.1. 
 “Reporting Default” has the meaning specified in Section 5.2(b). 

“Responsible Officer” means, when used with respect to the Trustee, an officer of the Trustee in the Corporate Trust Office
assigned and duly authorized by the Trustee to administer its corporate trust matters. 

  
 -6-

 “Securities” has the meaning stated in the first recital of this Indenture and
more particularly means any Securities authenticated and delivered under this Indenture. 
 “Securities Act” means the
Securities Act of 1933 and any statute successor thereto, in each case as amended from time to time. 
 “Security
Register” and “Security Registrar” have the respective meanings specified in Section 3.5. 
 “Special
Record Date” for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 3.7. 

“Stated Maturity,” when used with respect to any Security or any installment of principal thereof or interest thereon, means
the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable. 
 “Subsidiary” means a Person of which at least a majority of the outstanding voting stock having the power to elect a majority of the board of directors of such Person (in the case of a
corporation) is, or of which at least a majority of the equity interests (in the case of a Person which is not a corporation) are, at the time owned, directly or indirectly, by the Company or by one or more other Subsidiaries, or by the Company and
one or more other Subsidiaries. For the purposes of this definition, “voting stock” means stock or similar interests to the Company which ordinarily has or have voting power for the election of directors, or persons performing similar
functions, whether at all times or only so long as no senior class of stock or other interests has or have such voting power by reason of any contingency. 
 “Trust Indenture Act” means the Trust Indenture Act of 1939 as in force at the date as of which this instrument was executed; provided, however, that in the event the Trust
Indenture Act of 1939 is amended after such date, “Trust Indenture Act” means, to the extent required by any such amendment, the Trust Indenture Act of 1939 as so amended. 

“Trustee” means the Person named as the “Trustee” in the first paragraph of this instrument until a successor Trustee
shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean or include each Person who is then a Trustee hereunder, and if at any time there is more than one such Person,
“Trustee” as used with respect to the Securities of any series shall mean the Trustee with respect to Securities of that series. 
 “U.S. Government Obligation” means (x) any security which is (i) a direct obligation of the United States of America for the payment of which the full faith and credit of the United
States of America is pledged or (ii) an obligation of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America the payment of which is unconditionally guaranteed as a full faith and credit
obligation by the United States of America, which, in either case (i) or (ii), is not callable or redeemable at the option of the issuer thereof, and (y) any depositary receipt issued by a bank (as defined in Section 3(a)(2) of the
Securities Act) as custodian with respect to any U.S. Government Obligation which is specified in clause (x) above and held by such bank for the account of the holder of such depositary receipt, or with respect to any specific payment of
principal of or interest on any U.S. Government Obligation which is so specified and held, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such
depositary receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific payment of principal or interest evidenced by such depositary receipt. 

  
 -7-

 “Vice President,” when used with respect to the Company or the Trustee, means any
vice president, whether or not designated by a number or a word or words added before or after the title “vice president.” 

Section 1.2 Compliance Certificates and Opinions. 
 Upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture, the Company shall furnish to the Trustee such certificates and opinions as may be
required under the Trust Indenture Act. Each such certificate or opinion shall be given in the form of an Officers’ Certificate, if to be given by an officer of the Company, or an Opinion of Counsel, if to be given by counsel, and shall comply
with the requirements of the Trust Indenture Act and any other requirements set forth in this Indenture. 
 Every certificate or
opinion with respect to compliance with a condition or covenant provided for in this Indenture shall include: 
 (1) a statement
that each individual signing such certificate or opinion has read such covenant or condition and the definitions herein relating thereto; 
 (2) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; 

(3) a statement that, in the opinion of each such individual, he or she has made such examination or investigation as is necessary to
enable him or her to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

(4) a statement as to whether, in the opinion of each such individual, such condition or covenant has been complied with. 

Section 1.3 Form of Documents Delivered to Trustee. 
 In any case where several matters are required to be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be certified by, or covered by the opinion
of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect to some matters and one or more other such Persons as to other matters, and any such Person may
certify or give an opinion as to such matters in one or several documents. 
 Any certificate or opinion of an officer of the
Company may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or
representations with respect to the matters upon which his or her certificate or opinion is based are erroneous. Any such certificate or opinion of counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or
representations by, an officer or officers of the Company stating that the information with respect to such factual matters is in the possession of the Company, unless such counsel knows, or in the exercise of reasonable care should know, that the
certificate or opinion or representations with respect to such matters are erroneous. 
 Where any Person is required to make,
give or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments under this Indenture, they may, but need not, be consolidated and form one instrument. 

  
 -8-

 Section 1.4 Acts of Holders; Record Dates. 

Any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be
given, made or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by agent duly appointed in writing; and, except as herein otherwise expressly provided,
such action shall become effective when such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required, to the Company. The Trustee shall promptly deliver to the Company copies of all such instrument or
instruments delivered to the Trustee. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the “Act” of the Holders signing such instrument or instruments. Proof of
execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Section 6.1) conclusive in favor of the Trustee and the Company, if made in the manner provided in
this Section. 
 The fact and date of the execution by any Person of any such instrument or writing may be proved by the
affidavit of a witness of such execution or by a certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him or her the
execution thereof. Where such execution is by a signer acting in a capacity other than his or her individual capacity, such certificate or affidavit shall also constitute sufficient proof of his or her authority. The fact and date of the execution
of any such instrument or writing, or the authority of the Person executing the same, may also be proved in any other manner that the Trustee deems sufficient. 
 The ownership of Securities shall be proved by the Security Register. 
 Any
request, demand, authorization, direction, notice, consent, waiver or other Act of the Holder of any Security shall bind every future Holder of the same Security and the Holder of every Security issued upon the registration of transfer thereof or in
exchange therefor or in lieu thereof in respect of anything done, omitted or suffered to be done by the Trustee or the Company in reliance thereon, whether or not notation of such action is made upon such Security. 

The Company may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled
to give, make or take any request, demand, authorization, direction, vote, notice, consent, waiver or other action provided or permitted by this Indenture to be given, made or taken by Holders of Securities of such series, provided that the
Company may not set a record date for, and the provisions of this paragraph shall not apply with respect to, the giving or making of any notice, declaration, request or direction referred to in the next paragraph. If any record date is set pursuant
to this paragraph, the Holders of Outstanding Securities of the relevant series on such record date, and no other Holders, shall be entitled to take the relevant action, whether or not such Holders remain Holders after such record date;
provided that no such action shall be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such series on such record date. Nothing in this
paragraph shall be construed to prevent the Company from setting a new record date for any action for which a record date has previously been set pursuant to this paragraph (whereupon the record date previously set shall automatically and with no
action by any Person be canceled and of no effect), and nothing in this paragraph shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding Securities of the relevant series on the date
such action is taken. Promptly after any record date is set pursuant to this paragraph, the Company, at its own expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to be given to the
Trustee in writing and to each Holder of Securities of the relevant series in the manner set forth in Section 1.6. 

  
 -9-

 The Trustee may set any day as a record date for the purpose of determining the Holders of
Outstanding Securities of any series entitled to join in the giving or making of (i) any Notice of Default, (ii) any declaration of acceleration referred to in Section 5.2, (iii) any request to institute proceedings referred to
in Section 5.7(2) or (iv) any direction referred to in Section 5.12, in each case with respect to Securities of such series. If any record date is set pursuant to this paragraph, the Holders of Outstanding Securities of such series on
such record date, and no other Holders, shall be entitled to join in such notice, declaration, request or direction, whether or not such Holders remain Holders after such record date; provided that no such action shall be effective hereunder
unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such series on such record date. Nothing in this paragraph shall be construed to prevent the Trustee from setting a
new record date for any action for which a record date has previously been set pursuant to this paragraph (whereupon the record date previously set shall automatically and with no action by any Person be canceled and of no effect), and nothing in
this paragraph shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding Securities of the relevant series on the date such action is taken. Promptly after any record date is set pursuant
to this paragraph, the Trustee, at the Company’s expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to be given to the Company in writing and to each Holder of Securities of the
relevant series in the manner set forth in Section 1.6. 
 With respect to any record date set pursuant to this Section,
the party hereto which sets such record dates may designate any day as the “Expiration Date” and from time to time may change the Expiration Date to any earlier or later day; provided that no such change shall be effective unless
notice of the proposed new Expiration Date is given to the other party hereto in writing, and to each Holder of Securities of the relevant series in the manner set forth in Section 1.6, on or prior to the existing Expiration Date. If an
Expiration Date is not designated with respect to any record date set pursuant to this Section, the party hereto which set such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration Date with
respect thereto, subject to its right to change the Expiration Date as provided in this paragraph. Notwithstanding the foregoing, no Expiration Date shall be later than the 180th day after the applicable record date. 

Without limiting the foregoing, a Holder entitled hereunder to take any action hereunder with regard to any particular Security may do so
with regard to all or any part of the principal amount of such Security or by one or more duly appointed agents each of which may do so pursuant to such appointment with regard to all or any part of such principal amount. 

Section 1.5 Notices, etc., to Trustee and Company. 
 Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished to, or filed with,

 (1) the Trustee by any Holder or by the Company shall be sufficient for every purpose hereunder if made, given, furnished or
filed in writing (or by facsimile transmissions, provided that oral confirmation of receipt shall have been received) to or with the Trustee at its Corporate Trust Office, Attention: Corporate Trust Department, or 

(2) the Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly
provided) if in writing and mailed, first-class postage prepaid, personally delivered or sent via overnight courier to the Company addressed to it at the address of its principal office specified in the first paragraph of this instrument or at any
other address previously furnished in writing to the Trustee by the Company, Attention: Chief Financial Officer. 

  
 -10-

 Section 1.6 Notice to Holders; Waiver. 

Where this Indenture provides for notice to Holders of any event, such notice shall be sufficiently given (unless otherwise herein
expressly provided) if in writing and mailed, first-class postage prepaid, or delivered by hand or overnight courier to each Holder affected by such event, at its address as it appears in the Security Register, not later than the latest date (if
any), and not earlier than the earliest date (if any), prescribed for the giving of such notice. Neither the failure to mail or deliver by hand or overnight courier any notice, nor any defect in any notice so mailed or delivered by hand or overnight
courier, to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. Where this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice,
either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in
reliance upon such waiver. 
 In case by reason of the suspension of regular mail service or by reason of any other cause it
shall be impracticable to give such notice by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder. 

Section 1.7 Conflict with Trust Indenture Act. 
 If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Act that is required under the Trust Indenture Act to be a part of and govern this Indenture, the latter
provision shall control. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act, that may be so modified or excluded, the latter provision shall be deemed to apply to this Indenture as so modified or to be
excluded, as the case may be. 
 Section 1.8 Effect of Headings and Table of Contents. 

The Article and Section headings herein and the Table of Contents are for convenience only and shall not affect the construction hereof.

 Section 1.9 Successors and Assigns. 
 All covenants and agreements in this Indenture by the Company shall bind its successors and assigns, whether so expressed or not. 
 Section 1.10 Separability Clause. 
 In case any provision in this
Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

  
 -11-

 Section 1.11 Benefits of Indenture. 

Nothing in this Indenture or in the Securities, express or implied, shall give to any Person, other than the parties hereto and their
successors hereunder and the Holders, any benefit or any legal or equitable right, remedy or claim under this Indenture. 
 Section 1.12
Governing Law. 
 THIS INDENTURE AND THE SECURITIES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK.  
 Section 1.13 Legal Holidays. 
 In any case where any Interest Payment Date, Redemption Date or Stated Maturity of any Security or the last date on which a Holder has the right to convert a Security at a particular conversion price or
conversion rate, as the case may be, shall not be a Business Day at any Place of Payment, then (notwithstanding any other provision of this Indenture or of the Securities (other than a provision of any Security which specifically states that such
provision shall apply in lieu of this Section)) payment of interest or principal (and premium, if any) or, if applicable to a particular series of Securities, conversion need not be made at such Place of Payment on such date, but may be made on the
next succeeding Business Day at such Place of Payment with the same force and effect as if made on the Interest Payment Date or Redemption Date, at the Stated Maturity or on such last day for conversion, as the case may be. 

Section 1.14 Indenture and Securities Solely Corporate Obligations. 
 No recourse for the payment of the principal of or premium, if any, or interest on any Security, or for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any
obligation, covenant or agreement of the Company in this Indenture or in any supplemental indenture or in any Security, or because of the creation of any indebtedness represented thereby, shall be had against any stockholder, employee, agent,
officer, or director or subsidiary, as such, past, present or future, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, whether by virtue of any constitution, statute or rule of law,
or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that all such liability is hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the
issue of the Securities. 
 Section 1.15 Indenture May be Executed in Counterparts. 

This instrument may be executed in any number of counterparts, each of which shall be an original, but such counterparts shall together
constitute but one and the same instrument. 

  
 -12-

 ARTICLE 2 
 SECURITY FORMS 
 Section 2.1 Forms Generally 

The Securities of each series shall be in substantially the form set forth in this Article, or in such other form as shall be established
by or pursuant to a Board Resolution or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have such
letters, numbers or other marks of identification and such legends or endorsements placed thereon as may be required to comply with the rules of any securities exchange or Depositary therefor or as may, consistently herewith, be determined by the
officers executing such Securities, as evidenced by their execution thereof. If the form of Securities of any series is established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall be certified by
the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section 3.3 for the authentication and delivery of such Securities. Any such Board Resolution
or record of such action shall have attached thereto a true and correct copy of the form of Security referred to therein approved by or pursuant to such Board Resolution. 
 The definitive Securities shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the officers executing such Securities, as
evidenced by their execution of such Securities. 
 Section 2.2 Form of Face of Security. 

[INSERT ANY LEGEND REQUIRED BY THE INTERNAL REVENUE CODE AND THE REGULATIONS THEREUNDER.]  

IDENTIVE GROUP, INC. 
  

					
	NO.                     	  		  	$        
		  		  	CUSIP:                     

 Identive Group, Inc., a corporation duly organized and existing under the laws of Delaware (herein called
the “Company,” which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to
                    , or registered assigns, the principal sum of         dollars on
                    [if the Security is to bear interest prior to Maturity, insert — , and to pay interest thereon from
                    or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on
                    and
                    in each year, commencing
                    , at the rate of     % per annum, until the principal hereof is paid or made available for
payment [if applicable, insert — , provided that any principal and premium, and any such installment of interest, which is overdue shall bear interest at the rate of     % per annum (to the extent that
the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest shall be payable on demand]. The interest so payable, and punctually paid or duly
provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such
interest, which shall be the                     or
                    (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so
punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of
business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid
at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in
said Indenture]. 

  
 -13-

 [If the Security is not to bear interest prior to Maturity, insert — The
principal of this Security shall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any overdue premium shall bear interest at
the rate of     % per annum (to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment. Interest on any overdue
principal or premium shall be payable on demand. [Any such interest on overdue principal or premium which is not paid on demand shall bear interest at the rate of     % per annum (to the extent that the payment of such
interest on interest shall be legally enforceable), from the date of such demand until the amount so demanded is paid or made available for payment. Interest on any overdue interest shall be payable on demand.]] 

Payment of the principal of (and premium, if any) and [if applicable, insert — any such] interest on this Security will be
made at the office or agency of the Company maintained for that purpose in                     , in such coin or currency of the United States
of America as at the time of payment is legal tender for payment of public and private debts [if applicable, insert — ; provided, however, that at the option of the Company payment of interest may be made by check mailed to
the address of the Person entitled thereto as such address shall appear in the Security Register]. 
 Reference is hereby made
to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the
Indenture or be valid or obligatory for any purpose. 
 IN WITNESS WHEREOF, the Company has caused this instrument to be duly
executed. 
  

							
	Dated:               , 20    	  		 	Identive Group, Inc.
				
		  		 	By:	 	  

		  		 	Title:	 	  

	 ATTEST:
  
	  		 		 	

 Section 2.3 Form of Reverse of Security. 

This Security is one of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of                     (herein called the “Indenture,” which term shall
have the meaning assigned to it in such instrument), between the Company and                     , as Trustee (herein called the
“Trustee,” which term includes any successor trustee under the Indenture), and reference is hereby made to the Indenture and all indentures supplemental thereto for a statement of the respective rights, limitations of rights, duties and
immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one of the series designated on the face hereof [if
applicable, insert — , limited in aggregate principal amount to $        ]. 

  
 -14-

 [If applicable, insert — The Securities of this series are subject to redemption
upon not less than [if applicable, insert — 30] days’ notice by mail, [if applicable, insert— (1) on
                    in any year commencing with the year         and ending with the year
        through operation of the sinking fund for this series at a Redemption Price equal to 100% of the principal amount, and (2)] at any time [if applicable, insert— on or after
            , 20    ], as a whole or in part, at the election of the Company, at the following Redemption Prices (expressed as percentages of the principal
amount): If redeemed [if applicable, insert— on or before     ,     %, and if redeemed] during the 12-month period beginning
            of the years indicated, 
  

							
	 Year
	  	Redemption Price	  	Year	  	Redemption Price

 and thereafter at a Redemption Price equal to     % of the principal amount, together in the case of any such redemption [if applicable, insert— (whether through
operation of the sinking fund or otherwise)] with accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more
Predecessor Securities, of record at the close of business on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.] 
 [If applicable, insert— The Securities of this series are subject to redemption upon not less than [if applicable, insert - 30] days’ notice by mail, (1) on
            in any year commencing with the year         and ending with the year
        through operation of the sinking fund for this series at the Redemption Prices for redemption through operation of the sinking fund (expressed as percentages of the principal amount) set forth
in the table below, and (2) at any time [if applicable, insert— on or after             ], as a whole or in part, at the election of the Company, at the Redemption
Prices for redemption otherwise than through operation of the sinking fund (expressed as percentages of the principal amount) set forth in the table below: If redeemed during the 12-month period beginning
            of the years indicated, 
  

					
	 Year
	  	Redemption Price For
Redemption Through
Operation of the
Sinking Fund	  	Redemption Price For
Redemption Otherwise Than Through
Operation of the
Sinking Fund

 and thereafter at a Redemption Price equal to
    % of the principal amount, together in the case of any such redemption (whether through operation of the sinking fund or otherwise) with accrued interest to the Redemption Date, but interest installments whose Stated
Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at the close of business on the relevant Record Dates referred to on the face hereof, all as provided
in the Indenture.] 

  
 -15-

 [If applicable, insert — Notwithstanding the foregoing, the Company may not,
prior to             , redeem any Securities of this series as contemplated by [if applicable, insert— clause (2) of] the preceding paragraph as a part of, or in
anticipation of, any refunding operation by the application, directly or indirectly, of moneys borrowed having an interest cost to the Company (calculated in accordance with generally accepted financial practice) of less than
    % per annum.] 
 [If applicable, insert— The sinking fund for this series provides
for the redemption on             in each year beginning with the year             and ending with the year
            of [if applicable, insert— not less than $        (“mandatory sinking fund”) and not more than]
$        aggregate principal amount of Securities of this series. Securities of this series acquired or redeemed by the Company otherwise than through [if applicable, insert — mandatory]
sinking fund payments may be credited against subsequent [if applicable, insert — mandatory] sinking fund payments otherwise required to be made [if applicable, insert — , in the inverse order in which they become due].]

 [If the Security is subject to redemption of any kind, insert — In the event of redemption of this Security in
part only, a new Security or Securities of this series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.] 

[If applicable, insert— The Indenture contains provisions for defeasance at any time of [the entire indebtedness of this
Security] [or] [certain restrictive covenants and Events of Default with respect to this Security] [, in each case] upon compliance with certain conditions set forth in the Indenture.] 

[If the Security is convertible into other securities of the Company, specify the conversion features.]  

[If the Security is not an Original Issue Discount Security, insert — If an Event of Default with respect to Securities of
this series shall occur and be continuing, the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture.] 

[If the Security is an Original Issue Discount Security, insert — If an Event of Default with respect to Securities of this
series shall occur and be continuing, an amount of principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture. Such amount shall be equal to — insert formula for
determining the amount. Upon payment (i) of the amount of principal so declared due and payable and (ii) of interest on any overdue principal, premium and interest (in each case to the extent that the payment of such interest shall be
legally enforceable), all of the Company’s obligations in respect of the payment of the principal of and premium and interest, if any, on the Securities of this series shall terminate.] 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and
obligations of the Company and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of more than 50% in principal amount of the
Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the
Holders of all Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security
shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or
waiver is made upon this Security. 

  
 -16-

 As provided in and subject to the provisions of the Indenture, the Holder of this Security
shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a
continuing Event of Default with respect to the Securities of this series, the Holders of not less than a majority in principal amount of the Securities of this series at the time Outstanding shall have made written request to the Trustee to
institute proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable indemnity, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this series at the time
Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit instituted by
the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 
 No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of
and any premium and interest on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the
Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by
a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or its attorney duly authorized in writing, and thereupon one or more new Securities of this series and of like
tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 
 The Securities of this series are issuable only in registered form without coupons in denominations of $        and any integral multiple thereof. As
provided in the Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different authorized denomination,
as requested by the Holder surrendering the same. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 
 Prior to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Security is registered
as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 
 All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 
 Section 2.4 Form of Legend for Global Securities. 
 Unless otherwise
specified as contemplated by Section 3.1 for the Securities evidenced thereby, every Global Security authenticated and delivered hereunder shall bear a legend in substantially the following form: 

  
 -17-

 THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS
REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS SECURITY IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER
THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. 
 UNLESS THIS CERTIFICATE IS
PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF [THE DEPOSITARY] TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF [THE NOMINEE OF THE DEPOSITARY] OR IN SUCH OTHER
NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF [THE DEPOSITARY] (AND ANY PAYMENT HEREON IS MADE TO [THE NOMINEE OF THE DEPOSITARY] OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF [THE DEPOSITARY]), ANY TRANSFER,
PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, [THE NOMINEE OF THE DEPOSITARY], HAS AN INTEREST HEREIN. 
 TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR
ANOTHER NOMINEE OF THE DEPOSITARY, OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 
 Section 2.5 Form of Trustee’s Certificate of Authentication. 
 The
Trustee’s certificates of authentication shall be in substantially the following form: 
 This is one of the Securities of
the series designated herein referred to in the within-mentioned Indenture. 
  

			
	as Trustee
		
	By:	 	  

		 	Authorized Officer

 Section 2.6 Form of
Conversion Notice. 
 Conversion notices shall be in substantially the following form: 

To Identive Group, Inc.: 
 The
undersigned owner of this Security hereby irrevocably exercises the option to convert this Security, or portion hereof (which is $1,000 or an integral multiple thereof) below designated, into shares of Common Stock of the Company in accordance with
the terms of the Indenture referred to in this Security, and directs that the shares issuable and deliverable upon the conversion, together with any check in payment for fractional shares and any Securities representing any unconverted principal
amount hereof, be issued and delivered to the registered holder hereof unless a different name has been indicated below. If this Notice is being delivered on a date after the close of business on a Regular Record Date and prior to the opening of
business on the related Interest Payment Date (unless this Security or the portion thereof being converted has been called for redemption on a Redemption Date during the period beginning at the close of business on a Regular Record Date and ending
at the opening of business on the first Business Day after the next succeeding Interest Payment Date, or if such Interest Payment Date is not a Business Day, the second such Business Day), this Notice is accompanied by payment, in funds acceptable
to the Company, of an amount equal to the interest payable on such Interest Payment Date of the principal of this Security to be converted. If shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all
transfer taxes payable with respect hereto. Any amount required to be paid by the undersigned on account of interest accompanies this Security. 

  
 -18-

 Principal Amount to be Converted 
 (in an integral multiple of $1,000, if less than all) 
 U.S. $
          
 Dated:
                      
  

	
	Signature(s) must be guaranteed by an eligible guarantor institution (banks, stock brokers, savings and loan associations and credit unions with membership in an approved signature
guarantee medallion program) pursuant to Securities and Exchange Commission Rule 17Ad-15.
	
	  

	Signature Guaranty

 Fill in for registration of shares
of Common Stock and Security if to be issued otherwise than to the registered Holder. 
  

					
	  
 (Name)
	 		  	  
 Social Security or Other
Taxpayer Identification Number

			
	(Address)	 		  	
			
	Please print Name and Address	 		  	
	(including zip code)	 		  	

 [The above conversion notice is to be modified, as appropriate, for conversion into other securities or property of
the Company.] 

  
 -19-

 ARTICLE 3 
 THE SECURITIES 
 Section 3.1 Amount Unlimited; Issuable in Series. 

The aggregate principal amount of Securities which may be authenticated and delivered under this Indenture is unlimited. 

The Securities may be issued in one or more series. There shall be established in or pursuant to a Board Resolution and, subject to
Section 3.3, set forth, or determined in the manner provided, in an Officers’ Certificate, or established in one or more indentures supplemental hereto, prior to the issuance of Securities of any series: 

(1) the title of the Securities of the series (which shall distinguish the Securities of the series from Securities of any other series);

 (2) any limit upon the aggregate principal amount of the Securities of the series which may be authenticated and delivered
under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the series pursuant to Section 3.4, 3.5, 3.6, 9.6 or 11.7 and except for any
Securities which, pursuant to Section 3.3, are deemed never to have been authenticated and delivered hereunder); 
 (3) the
Person to whom any interest on a Security of the series shall be payable, if other than the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such
interest; 
 (4) the date or dates, or the method for determining the date or dates, on which the principal of any Securities of
the series is payable; 
 (5) the rate or rates (which may be fixed or variable) at which any Securities of the series shall
bear interest, if any, the date or dates from which any such interest shall accrue, the Interest Payment Dates on which any such interest shall be payable and the Regular Record Date for any such interest payable on any Interest Payment Date (or the
method for determining the dates and rates); 
 (6) the place or places where the principal of and any premium and interest on
any Securities of the series shall be payable; 
 (7) the period or periods within which, the price or prices at which and the
terms and conditions upon which any Securities of the series may be redeemed, in whole or in part, at the option of the Company and, if other than by a Board Resolution, the manner in which any election by the Company to redeem the Securities shall
be evidenced; 
 (8) the obligation, if any, of the Company to redeem or purchase any Securities of the series pursuant to any
sinking fund or analogous provisions or at the option of the Holder thereof and the period or periods within which, the price or prices at which and the terms and conditions upon which any Securities of the series shall be redeemed or purchased, in
whole or in part, pursuant to such obligation; 

  
 -20-

 (9) if other than denominations of $1,000 and any integral multiple thereof, the
denominations in which any Securities of the series shall be issuable; 
 (10) if the amount of principal of or any premium or
interest on any Securities of the series may be determined with reference to an index or pursuant to a formula, the manner in which such amounts shall be determined; 
 (11) if other than the currency of the United States of America, the currency, currencies or currency units in which the principal of or any premium or interest on any Securities of the series shall be
payable and the manner of determining the equivalent thereof in the currency of the United States of America for any purpose, including for purposes of the definition of “Outstanding” in Section 1.1; 

(12) if the principal of or any premium or interest on any Securities of the series is to be payable, at the election of the Company or
the Holder thereof, in one or more currencies or currency units other than that or those in which such Securities are stated to be payable, the currency, currencies or currency units in which the principal of or any premium or interest on such
Securities as to which such election is made shall be payable, the periods within which and the terms and conditions upon which such election is to be made and the amount so payable (or the manner in which such amount shall be determined);

 (13) if other than the entire principal amount thereof, the portion of the principal amount of any Securities of the series
which shall be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 5.2; 
 (14) if the
principal amount payable at the Stated Maturity of any Securities of the series will not be determinable as of any one or more dates prior to the Stated Maturity, the amount which shall be deemed to be the principal amount of such Securities as of
any such date for any purpose thereunder or hereunder, including the principal amount thereof which shall be due and payable upon any Maturity other than the Stated Maturity or which shall be deemed to be Outstanding as of any date prior to the
Stated Maturity (or, in any such case, the manner in which such amount deemed to be the principal amount shall be determined); 

(15) if applicable, that the Securities of the series, in whole or any specified part, shall be defeasible pursuant to Section 13.2
or Section 13.3 or both such Sections, or any other defeasance provisions applicable to any Securities of the series, and, if other than by a Board Resolution, the manner in which any election by the Company to defease such Securities shall be
evidenced; 
 (16) if applicable, the terms of any right to convert or exchange Securities of the series into shares of Common
Stock of the Company or other securities or property; 
 (17) if applicable, that any Securities of the series shall be issuable
in whole or in part in the form of one or more Global Securities and, in such case, the respective Depositaries for such Global Securities, the form of any legend or legends which shall be borne by any such Global Security in addition to or in lieu
of that set forth in Section 2.4 and any circumstances in addition to or in lieu of those set forth in clause (2) of the last paragraph of Section 3.5 in which any such Global Security may be exchanged in whole or in part for
Securities registered, and any transfer of such Global Security in whole or in part may be registered, in the name or names of Persons other than the Depositary for such Global Security or a nominee thereof; 

  
 -21-

 (18) any addition to or change in the Events of Default which applies to any Securities of
the series and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 5.2; 

(19) any addition to or change in the covenants set forth in Article 10 which applies to Securities of the series; 

(20) any Authenticating Agents, Paying Agents, Security Registrars or such other agents necessary in connection with the issuance of the
Securities of such series, including, without limitation, exchange rate agents and calculation agents; 
 (21) if applicable,
the terms of any security that will be provided for a series of Securities, including any provisions regarding the circumstances under which collateral may be released or substituted; 

(22) if applicable, the terms of any guaranties for the Securities and any circumstances under which there may be additional obligors on
the Securities; and 
 (23) any other terms of the series (which terms shall not be inconsistent with the provisions of this
Indenture, except as permitted by Section 9.1(5)). 
 All Securities of any one series shall be substantially identical
except as to denomination and except as may otherwise be provided in or pursuant to the Board Resolution referred to above and (subject to Section 3.3) set forth, or determined in the manner provided, in the Officers’ Certificate referred
to above or in any such indenture supplemental hereto. 
 If any of the terms of the series are established by action taken
pursuant to a Board Resolution, a copy of an appropriate record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officers’ Certificate
setting forth the terms of the series. 
 Section 3.2 Denominations. 

The Securities of each series shall be issuable only in registered form without coupons and only in such denominations as shall be
specified as contemplated by Section 3.1. In the absence of any such specified denomination with respect to the Securities of any series, the Securities of such series shall be issuable in denominations of $1,000 and any integral multiple
thereof. 
 Section 3.3 Execution, Authentication, Delivery and Dating. 

The Securities shall be executed on behalf of the Company by its Chairman of the Board, its Chief Executive Officer, its principal
financial officer, its President or one of its Vice Presidents, attested by its Treasurer, its Secretary or one of its Assistant Treasurers or Assistant Secretaries. The signature of any of these officers on the Securities may be manual or
facsimile. 

  
 -22-

 Securities bearing the manual or facsimile signatures of individuals who were at any time
the proper officers of the Company shall bind the Company, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Securities or did not hold such offices at the date of
such Securities. 
 At any time and from time to time after the execution and delivery of this Indenture, the Company may
deliver Securities of any series executed by the Company to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Securities, and the Trustee in accordance with the Company Order shall authenticate
and deliver such Securities. If the form or terms of the Securities of the series have been established by or pursuant to one or more Board Resolutions as permitted by Sections 2.1 and 3.1, in authenticating such Securities, and accepting the
additional responsibilities under this Indenture in relation to such Securities, the Trustee shall be entitled to receive, and (subject to Section 6.1) shall be fully protected in relying upon, a copy of such Board Resolution, the
Officers’ Certificate setting forth the terms of the series and an Opinion of Counsel, with such Opinion of Counsel stating: 
 (1) if the form of such Securities has been established by or pursuant to Board Resolution as permitted by Section 2.1, that such form has been established in conformity with the provisions of this
Indenture; 
 (2) if the terms of such Securities have been established by or pursuant to Board Resolution as permitted by
Section 3.1, that such terms have been established in conformity with the provisions of this Indenture; and 
 (3) that
such Securities, when authenticated and delivered by the Trustee and issued by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Company
enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity
principles. 
 If such form or terms have been so established, the Trustee shall not be required to authenticate such Securities
if the issue of such Securities pursuant to this Indenture will affect the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner that is not reasonably acceptable to the Trustee. 

Notwithstanding the provisions of Section 3.1 and of the preceding paragraph, if all Securities of a series are not to be originally
issued at one time, it shall not be necessary to deliver the Officers’ Certificate otherwise required pursuant to Section 3.1 or the Company Order and Opinion of Counsel otherwise required pursuant to such preceding paragraph at or prior
to the authentication of each Security of such series if such documents are delivered at or prior to the authentication upon original issuance of the first Security of such series to be issued. 

Each Security shall be dated the date of its authentication. 
 No Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate of authentication substantially in the form
provided for herein executed by the Trustee by manual signature, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated and delivered hereunder. Notwithstanding the
foregoing, if any Security shall have been authenticated and delivered hereunder but never issued and sold by the Company, and the Company shall deliver such Security to the Trustee for cancellation as provided in Section 3.9, for all purposes
of this Indenture such Security shall be deemed never to have been authenticated and delivered hereunder and shall never be entitled to the benefits of this Indenture. 

  
 -23-

 Neither the Company nor the Trustee shall have any responsibility for any defect in the
CUSIP number that appears on any Security, check, advice of payment or redemption notice, and any such document may contain a statement to the effect that CUSIP numbers have been assigned by an independent service for convenience of reference and
that neither the Company nor the Trustee shall be liable for any inaccuracy in such numbers. 
 Section 3.4 Temporary Securities.

 Pending the preparation of definitive Securities of any series, the Company may execute, and upon Company Order the
Trustee shall authenticate and deliver, temporary Securities which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Securities in lieu of which
they are issued and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Securities may determine, as evidenced by their execution of such Securities. 

If temporary Securities of any series are issued, the Company will cause definitive Securities of that series to be prepared without
unreasonable delay. After the preparation of definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive Securities of such series upon surrender of the temporary Securities of such series at
the office or agency of the Company in a Place of Payment for that series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities of any series, the Company shall execute and the Trustee shall
authenticate and deliver in exchange therefor one or more definitive Securities of the same series, of any authorized denominations and of like tenor and aggregate principal amount. Until so exchanged, the temporary Securities of any series shall in
all respects be entitled to the same benefits under this Indenture as definitive Securities of such series and tenor. 
 Section 3.5
Registration; Registration of Transfer and Exchange. 
 The Company shall cause to be kept at the Corporate Trust Office of
the Trustee a register (the register maintained in such office and in any other office or agency of the Company in a Place of Payment being herein sometimes collectively referred to as the “Security Register”) in which, subject to such
reasonable regulations as it may prescribe, the Company shall provide for the registration of Securities and of transfers of Securities. The Trustee is hereby appointed “Security Registrar” for the purpose of registering Securities and
transfers of Securities as herein provided. 
 Upon surrender for registration of transfer of any Security of a series at the
office or agency of the Company in a Place of Payment for that series, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Securities of the same series,
of any authorized denominations and of like tenor and aggregate principal amount. 
 At the option of the Holder, Securities of
any series may be exchanged for other Securities of the same series, of any authorized denominations and of like tenor and aggregate principal amount, upon surrender of the Securities to be exchanged at such office or agency. Whenever any Securities
are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Securities which the Holder making the exchange is entitled to receive. 

  
 -24-

 All Securities issued upon any registration of transfer or exchange of Securities shall be
the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. 

Every Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Trustee)
be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder thereof or its attorney duly authorized in writing. 

No service charge shall be made for any registration of transfer or exchange of Securities, but the Company may require payment of a sum
sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Securities, other than exchanges pursuant to Section 3.4, 9.6 or 11.7 not involving any transfer.

 If the Securities of any series (or of any series and specified tenor) are to be redeemed in part, the Company shall not be
required (A) to issue, register the transfer of or exchange any Securities of that series (or of that series and specified tenor, as the case may be) during a period beginning at the opening of business 15 days before the day of the
mailing of a notice of redemption of any such Securities selected for redemption under Section 11.3 and ending at the close of business on the day of such mailing, or (B) to register the transfer of or exchange any Security so selected for
redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part. 
 The provisions of
clauses (1), (2), (3) and (4) below shall apply only to Global Securities: 
 (1) Each Global Security authenticated
under this Indenture shall be registered in the name of the Depositary designated for such Global Security or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Security shall
constitute a single Security for all purposes of this Indenture. 
 (2) Notwithstanding any other provision in this Indenture,
no Global Security may be exchanged in whole or in part for Securities registered, and no transfer of a Global Security in whole or in part may be registered, in the name of any Person other than the Depositary for such Global Security or a nominee
thereof unless (A) such Depositary (i) has notified the Company that it is unwilling or unable to continue as Depositary for such Global Security or (ii) has ceased to be a clearing agency registered under the Exchange Act,
(B) there shall have occurred and be continuing an Event of Default with respect to such Global Security or (C) there shall exist such circumstances, if any, in addition to or in lieu of the foregoing as have been specified for this
purpose as contemplated by Section 3.1. 
 (3) Subject to clause (2) above, any exchange of a Global Security for
other Securities may be made in whole or in part, and all Securities issued in exchange for a Global Security or any portion thereof shall be registered in such names as the Depositary for such Global Security shall direct. 

  
 -25-

 (4) Every Security authenticated and delivered upon registration of transfer of, or in
exchange for or in lieu of, a Global Security or any portion thereof, whether pursuant to this Section, Section 3.4, 3.6, 9.6 or 11.7 or otherwise, shall be authenticated and delivered in the form of, and shall be, a Global Security, unless
such Security is registered in the name of a Person other than the Depositary for such Global Security or a nominee thereof. 

Section 3.6 Mutilated, Destroyed, Lost and Stolen Securities. 
 If any mutilated Security is surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the same series and of like tenor
and principal amount and bearing a number not contemporaneously outstanding. 
 If there shall be delivered to the Company and
the Trustee (i) evidence to their satisfaction of the destruction, loss or theft of any Security and (ii) such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the
absence of notice to the Company or the Trustee that such Security has been acquired by a bona fide purchaser, the Company shall execute and the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost or stolen Security, a new
Security of the same series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. 
 In
case any such mutilated, destroyed, lost or stolen Security has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Security, pay such Security. 

Upon the issuance of any new Security under this Section, the Company may require the payment of a sum sufficient to cover any tax or
other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 
 Every new Security of any series issued pursuant to this Section in lieu of any destroyed, lost or stolen Security shall constitute an original additional contractual obligation of the Company, whether or
not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately with any and all other Securities of that series duly issued hereunder.

 The provisions of this Section are exclusive and shall preclude (to the extent lawful) all other rights and remedies with
respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities. 
 Section 3.7 Payment of Interest; Interest
Rights Preserved. 
 Except as otherwise provided as contemplated by Section 3.1 with respect to any series of
Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the
close of business on the Regular Record Date for such interest. 
 Any interest on any Security of any series which is payable,
but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder,
and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below: 

  
 -26-

 (1) The Company may elect to make payment of any Defaulted Interest to the Persons in whose
names the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on a Special Record Date for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company
shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Security of such series and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money
equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust
for the benefit of the Persons entitled to such Defaulted Interest as in this clause provided. Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted Interest which shall be not more than 15 days and not less
than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the Company of such Special Record Date and, in the name
and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be given to each Holder of Securities of such series in the manner set forth in Section 1.6, not
less than 10 days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names the
Securities of such series (or their respective Predecessor Securities) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the following clause (2). 

(2) The Company may make payment of any Defaulted Interest on the Securities of any series in any other lawful manner not inconsistent
with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this clause,
such manner of payment shall be deemed practicable by the Trustee. 
 Subject to the foregoing provisions of this Section, each
Security delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of any other Security shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Security. 

Subject to the provisions of Section 14.2, in the case of any Security (or any part thereof) which is converted after any Regular
Record Date and on or prior to the next succeeding Interest Payment Date (other than any Security the principal of (or premium, if any, on) which shall become due and payable, whether at Stated Maturity or by declaration of acceleration or otherwise
prior to such Interest Payment Date), interest whose Stated Maturity is on such Interest Payment Date shall be payable on such Interest Payment Date notwithstanding such conversion and such interest (whether or not punctually paid or duly provided
for) shall be paid to the Person in whose name that Security (or any one or more Predecessor Securities) is registered at the close of business on such Regular Record Date. Except as otherwise expressly provided in the immediately preceding sentence
or in Section 14.2, in the case of any Security (or any part thereof) which is converted, interest whose Stated Maturity is after the date of conversion of such Security (or such part thereof) shall not be payable. 

  
 -27-

 Section 3.8 Persons Deemed Owners. 

Prior to due presentment of a Security for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee
may treat the Person in whose name such Security is registered as the owner of such Security for the purpose of receiving payment of principal of and any premium and (subject to Section 3.7) any interest on such Security and for all other
purposes whatsoever, whether or not such Security be overdue, and neither the Company, the Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary. 
 Section 3.9 Cancellation. 
 All Securities surrendered for payment,
redemption, registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly canceled by it. The Company may at any time
deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee)
for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold, and all Securities so delivered shall be promptly canceled by the Trustee. No Securities shall be authenticated in lieu of or in exchange
for any Securities canceled as provided in this Section, except as expressly permitted by this Indenture. All canceled Securities held by the Trustee shall be disposed of in accordance with its customary procedures. 

Section 3.10 Computation of Interest. 
 Except as otherwise specified as contemplated by Section 3.1 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day
months. 
 ARTICLE 4 
 SATISFACTION AND DISCHARGE 
 Section 4.1 Satisfaction and Discharge of
Indenture. 
 This Indenture shall upon Company Request cease to be of further effect (except as to any surviving rights of
registration of transfer or exchange of Securities herein expressly provided for), and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when 

(1) either 

(A) all Securities theretofore authenticated and delivered (other than (i) Securities which have been destroyed, lost or stolen and
which have been replaced or paid as provided in Section 3.6 and (ii) Securities for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Trustee or the Company and thereafter repaid to the
Company or discharged from such trust, as provided in Section 10.3) have been delivered to the Trustee for cancellation; or 
 (B) all such Securities not theretofore delivered to the Trustee for cancellation 

(i) have become due and payable, or 
 (ii) will become due and payable at their Stated Maturity within one year, or 

  
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 (iii) are to be called for redemption within one year under arrangements satisfactory
to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company, 
 and the Company, in the
case of (i), (ii) or (iii) above, has deposited or caused to be deposited with the Trustee as trust funds in trust for the purpose money in an amount sufficient to pay and discharge the entire indebtedness on such Securities not
theretofore delivered to the Trustee for cancellation, for principal and any premium and interest to the date of such deposit (in the case of Securities which have become due and payable) or to the Stated Maturity or Redemption Date, as the case may
be; 
 (2) the Company has paid or caused to be paid all other sums payable hereunder by the Company; and 

(3) the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions
precedent herein provided for relating to the satisfaction and discharge of this Indenture have been complied with. 

Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to the Trustee under Section 6.7,
the obligations of the Trustee to any Authenticating Agent under Section 6.14 and, if money shall have been deposited with the Trustee pursuant to subclause (B) of clause (1) of this Section, the obligations of the Trustee under
Section 4.2 and the last paragraph of Section 10.3 shall survive. 
 Section 4.2 Application of Trust Money. 

Subject to the provisions of the last paragraph of Section 10.3, all money deposited with the Trustee pursuant to Section 4.1
shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may
determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such money has been deposited with the Trustee. 
 ARTICLE 5 
 REMEDIES 

Section 5.1 Events of Default. 
 “Event of Default,” wherever used herein with respect to Securities of any series, means any one of the following events (whatever the reason for such Event of Default and whether it shall be
voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body), unless in the Board Resolution, supplemental
indenture or Officers’ Certificate establishing such series, it is provided that such series shall not have the benefit of said Event of Default: 
 (1) default in the payment of any interest upon any Security of that series when it becomes due and payable, and continuance of such default for a period of 30 days; or 

(2) default in the payment of the principal of or any premium on any Security of that series at its Maturity; or 

  
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 (3) default in the deposit of any sinking fund payment, when and as due by the terms of a
Security of that series, and the continuance of such default for a period of five business days; or 
 (4) default in the
performance, or breach, of any covenant or warranty of the Company in this Indenture (other than a covenant or warranty a default in whose performance or whose breach is elsewhere in this Section specifically dealt with or which has expressly been
included in this Indenture solely for the benefit of series of Securities other than that series), and continuance of such default or breach for a period of 90 days after there has been given, by registered or certified mail, to the Company by
the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal amount of the Outstanding Securities of that series a written notice specifying such default or breach and requiring it to be remedied and stating that such
notice is a “Notice of Default” hereunder; or 
 (5) the entry by a court having jurisdiction in the premises of
(A) a decree or order for relief in respect of the Company in an involuntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or (B) a decree or order adjudging the
Company a bankrupt or insolvent, or approving as properly filed a petition seeking reorganization, arrangement, adjustment or composition of or in respect of the Company under any applicable Federal or State law, or appointing a custodian, receiver,
liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any substantial part of its property, or ordering the winding up or liquidation of its affairs, and the continuance of any such decree or order for relief or
any such other decree or order unstayed and in effect for a period of 90 consecutive days; or 
 (6) the commencement by the
Company of a voluntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, or the consent by it to the
entry of a decree or order for relief in respect of the Company in an involuntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or
insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization or relief under any applicable Federal or State law, or the consent by it to the filing of such petition or to the appointment of
or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any substantial part of its property, or the making by it of an assignment for the benefit of creditors, or the
admission by it in writing of its inability to pay its debts generally as they become due, or the taking of corporate action by the Company in furtherance of any such action; or 

(7) any other Event of Default provided with respect to Securities of that series in the Board Resolution, supplemental indenture or
Officers’ Certificate establishing that series. 
 Section 5.2 Acceleration of Maturity; Rescission and Annulment. 

(a) Unless the Board Resolution, supplemental indenture or Officers’ Certificate establishing such series provides otherwise, if
an Event of Default (other than an Event of Default specified in Section 5.1(5) or 5.1(6)) with respect to Securities of any series at the time Outstanding occurs and is continuing, then in every such case the Trustee or the Holders of not less
than 25% in principal amount of the Outstanding Securities of that series may declare the principal amount of all the Securities of that series (or, if any Securities of that series are Original Issue Discount Securities, such portion of the
principal amount of such Securities as may be specified by the terms thereof), and premium, if any, together with accrued and unpaid interest, if any, thereon, to be due and payable immediately, by a notice in writing to the Company (and to the
Trustee if given by the Holders), and upon any such declaration such principal amount (or specified amount), and premium, if any, together with accrued and unpaid interest, if any, thereon, shall become immediately due and payable. If an Event of
Default specified in Section 5.1(5) or 5.1(6) with respect to Securities of any series at the time Outstanding occurs, the principal amount of all the Securities of that series (or, if any Securities of that series are Original Issue Discount
Securities, such portion of the principal amount of such Securities as may be specified by the terms thereof), and premium, if any, together with accrued and unpaid interest, if any, thereon, shall automatically, and without any declaration or other
action on the part of the Trustee or any Holder, become immediately due and payable. 
  

  
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 (b) Notwithstanding the foregoing, at the election of the Company,
the sole remedy with respect to an Event of Default for the failure by the Company to comply with its obligations under Section 314(a)(1) of the Trust Indenture Act relating to the Company’s failure to file any documents or reports that
the Company is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act or of its covenants set forth in Section 7.4 (any such Event of Default, a “Reporting Default”), shall for the first 180 calendar
days after the occurrence of such Reporting Default consist exclusively of the right to receive additional interest (the “Additional Interest”) on the Securities at an annual rate equal to (i) 0.25% of the principal amount of the
Securities for the first 90 calendar days after the occurrence of such Reporting Default and (ii) 0.50% of the principal amount of the Securities from the 91st day to, and including, the 180th day after the occurrence of such Reporting Default. If the Company so elects, the Additional Interest shall accrue on
all Outstanding Securities from and including the date on which such Reporting Default first occurs until such violation is cured or waived and shall be payable as provided in Section 3.7. On the 181st day after such Reporting Default (if such violation is not cured or
waived prior to such 181st calendar day), then the Trustee
or the Holders of not less than 25% in principal amount of the Outstanding securities may declare the principal of, and premium, if any, together with accrued and unpaid interest, if any, on all such Securities to be due and payable immediately.

 If the Company elects to pay the Additional Interest as the sole remedy for the Reporting Default, the Company shall notify
in writing, by a certificate, the Holders, the Paying Agent and the Trustee of such election at any time on or before the close of business on the first Business Day following the date on which such Event of Default first occurs. Unless and until a
Responsible Officer of the Trustee receives at the Corporate Trust Office such a certificate, the Trustee may assume without inquiry that Additional Interest is not payable. The Company shall pay the Additional Interest semi-annually in arrears,
with the first semi-annual payment due on the first Interest Payment Date following the date of such Reporting Default, in the same manner as described on the face of the Security. 

(c) At any time after such a declaration of acceleration with respect to Securities of any series has been made and before a
judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount of the Outstanding Securities of that series, by written notice to the Company
and the Trustee, may rescind and annul such declaration and its consequences if 
 (1) the Company has paid or deposited with
the Trustee a sum sufficient to pay 
 (A) all overdue interest on all Securities of that series, 

  
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 (B) the principal of (and premium, if any, on) any Securities of that series which have
become due otherwise than by such declaration of acceleration and any interest thereon at the rate or rates prescribed therefor in such Securities, 
 (C) to the extent that payment of such interest is lawful, interest upon overdue interest at the rate or rates prescribed therefor in such Securities, and 

(D) all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and advances of the
Trustee, its agents and counsel; and 
 (2) all Events of Default with respect to Securities of that series, other than the
non-payment of the principal of Securities of that series which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 5.13. 

No such rescission shall affect any subsequent default or impair any right consequent thereon. 

Section 5.3 Collection of Indebtedness and Suits for Enforcement by Trustee. 

The Company covenants that if 
 (1) default is made in the payment of any interest on any Security when such interest becomes due and payable and such default continues for a period of 30 days, or 

(2) default is made in the payment of the principal of (or premium, if any, on) any Security at the Maturity thereof, 

the Company will, upon demand of the Trustee, pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such
Securities for principal and any premium and interest and, to the extent that payment of such interest shall be legally enforceable, interest on any overdue principal and premium and on any overdue interest, at the rate or rates prescribed therefor
in such Securities, and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and
counsel. 
 If an Event of Default with respect to Securities of any series occurs and is continuing, the Trustee may in its
discretion proceed to protect and enforce its rights and the rights of the Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such rights, whether for the
specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy. 
 Section 5.4 Trustee May File Proofs of Claim. 
 In case of any judicial
proceeding relative to the Company (or any other obligor upon the Securities), its property or its creditors, the Trustee shall be entitled and empowered, by intervention in such proceeding or otherwise, to take any and all actions authorized under
the Trust Indenture Act in order to have claims of the Holders and the Trustee allowed in any such proceeding. In particular, the Trustee shall be authorized to collect and receive any moneys or other property payable or deliverable on any such
claims and to distribute the same; and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in
the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel,
and any other amounts due the Trustee under Section 6.7. 

  
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 No provision of this Indenture shall be deemed to authorize the Trustee to authorize or
consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof or to authorize the Trustee to vote in respect of the claim of any
Holder in any such proceeding; provided, however, that the Trustee may, on behalf of the Holders, vote for the election of a trustee in bankruptcy or similar official and be a member of a creditors’ or other similar committee.

 Section 5.5 Trustee May Enforce Claims Without Possession of Securities. 

All rights of action and claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without the
possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall,
after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been
recovered. 
 Section 5.6 Application of Money Collected. 
 Any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of
principal or any premium or interest, upon presentation of the Securities and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid: 

FIRST: To the payment of all amounts due the Trustee under Section 6.7; 

SECOND: To the payment of the amounts then due and unpaid for principal of and any premium, if any, and interest on the Securities in
respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal and any premium, if any, and interest,
respectively; and 
 THIRD: The balance, if any, to the Company or any other Person or Persons entitled thereto. 

Section 5.7 Limitation on Suits. 
 No Holder of any Security of any series shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any
other remedy hereunder, unless 
 (1) such Holder has previously given written notice to the Trustee of a continuing Event of
Default with respect to the Securities of that series; 
 (2) the Holders of at least 25% in aggregate principal amount of the
Outstanding Securities of that series shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder; 

  
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 (3) such Holder or Holders have offered to the Trustee reasonable indemnity against the
costs, expenses and liabilities to be incurred in compliance with such request; 
 (4) the Trustee for 60 days after its
receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and 
 (5) no direction
inconsistent with such written request has been given to the Trustee during such 60-day period by the Holders of a majority in principal amount of the Outstanding Securities of that series; 
 it being understood and intended that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision of this Indenture to affect, disturb or
prejudice the rights of any other of such Holders, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this Indenture, except in the manner herein provided and for the equal and
ratable benefit of all of such Holders. 
 Section 5.8 Unconditional Right of Holders to Receive Principal, Premium and Interest and to
Convert. 
 Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is
absolute and unconditional, to receive payment of the principal of and any premium and (subject to Section 3.7) interest on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption, on the
Redemption Date), to convert such Securities in accordance with Article 14 to the extent that such right to convert is applicable to such Security, and to institute suit for the enforcement of any such payment, and such rights shall not be
impaired without the consent of such Holder. 
 Section 5.9 Restoration of Rights and Remedies. 

If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has
been discontinued or abandoned for any reason, or has been determined adversely to the Trustee or to such Holder, then and in every such case, subject to any determination in such proceeding, the Company, the Trustee and the Holders shall be
restored severally and respectively to their former positions hereunder and thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding had been instituted. 

Section 5.10 Rights and Remedies Cumulative. 
 Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in the last paragraph of Section 3.6, no right or remedy herein conferred
upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given
hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy.

  
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 Section 5.11 Delay or Omission Not Waiver. 

No delay or omission of the Trustee or of any Holder of any Securities to exercise any right or remedy accruing upon any Event of Default
shall impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by this Article or by law to the Trustee or to the Holders may be exercised from time to time, and as
often as may be deemed expedient, by the Trustee (subject to the limitations contained in this Indenture) or by the Holders, as the case may be. 
 Section 5.12 Control by Holders. 
 The Holders of a majority in
principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee,
with respect to the Securities of such series, provided that 
 (1) such direction shall not be in conflict with any rule
of law or with this Indenture and the Trustee shall not have determined that the action so directed would be unjustly prejudicial to Holders of Securities of that series, or any other series, not taking part in such direction; and 

(2) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction or this Indenture.

 Section 5.13 Waiver of Past Defaults. 
 The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder
with respect to such series and its consequences, except 
 (1) a default in the payment of the principal of or any premium or
interest on any Security of such series as and when the same shall become due and payable by the terms thereof, otherwise than by acceleration (unless such default has been cured and a sum sufficient to pay all matured installments of interest,
principal and premium, if any, has been deposited with the Trustee), or 
 (2) to the extent such right is applicable to such
Security, a failure by the Company on request to convert any Security into Common Stock; or 
 (3) in respect of a covenant or
provision hereof which under Article 9 cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. 
 Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend
to any subsequent or other default or impair any right consequent thereon. 
 Section 5.14 Undertaking for Costs. 

In any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken,
suffered or omitted by it as Trustee, a court may require any party litigant in such suit to file an undertaking to pay the costs of such suit, and may assess costs against any such party litigant, in the manner and to the extent provided in the
Trust Indenture Act; provided that neither this Section nor the Trust Indenture Act shall be deemed to authorize any court to require such an undertaking or to make such an assessment in any suit instituted by the Company or in any suit for
the enforcement of the right to convert any Security in accordance with Article 14. 

  
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 Section 5.15 Waiver of Usury, Stay or Extension Laws. 

The Company covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner
whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and the Company (to the extent that
it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of
every such power as though no such law had been enacted. 
 ARTICLE 6 

THE TRUSTEE 

Section 6.1 Certain Duties and Responsibilities. 
 The duties and responsibilities of the Trustee shall be as provided by the Trust Indenture Act. Notwithstanding the foregoing, no provision of this Indenture shall require the Trustee to expend or risk
its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers if it shall have reasonable grounds for believing that repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it. Whether or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee
shall be subject to the provisions of this Section. 
 Section 6.2 Notice of Defaults. 

If a default occurs hereunder with respect to Securities of any series, the Trustee shall give the Holders of Securities of such series
notice of such default as and to the extent provided by the Trust Indenture Act; provided, however, that except in the case of a default in the payment of principal of (or premium, if any) or interest on any Securities of such series
or in the payment of any sinking fund installment or any conversion right applicable to Securities of such series, the Trustee shall be protected in withholding such notice if and so long as a trust committee of directors and/or Responsible Officers
of the Trustee in good faith determine that the withholding of such notice is in the interests of the holders of Securities of such series; provided, further, however, that in the case of any default of the character specified
in Section 5.1(4) with respect to Securities of such series, no such notice to Holders shall be given until at least 90 days after the occurrence thereof. For the purpose of this Section, the term “default” means any event which
is, or after notice or lapse of time or both would become, an Event of Default with respect to Securities of such series. 

Except with respect to Section 10.1, the Trustee shall have no duty to inquire as to the performance of the Company with respect to
the covenants contained in Article 10. In addition, the Trustee shall not be deemed to have knowledge of an Event of Default except (i) any Default or Event of Default occurring pursuant to Sections 5.1(1), 5.1(2) and 5.1(3) (defaults
in payments on the Securities) or (ii) any Default or Event of Default of which the Trustee shall have received written notification or obtained actual knowledge. 
  

  
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 Delivery of reports, information and documents to the Trustee under Section 7.4 is for
informational purposes only and the Trustee’s receipt of the foregoing shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Company’s compliance
with any of their covenants hereunder (as to which the Trustee is entitled to rely conclusively on Officers’ Certificates). 

Section 6.3 Certain Rights of Trustee. 
 Subject to the provisions of Section 6.1: 
 (1) in the absence of bad faith
on the part of the Trustee, the Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note,
other evidence of indebtedness or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties; 
 (2) any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request or Company Order, and any resolution of the Board of Directors shall be sufficiently
evidenced by a Board Resolution; 
 (3) whenever in the administration of this Indenture the Trustee shall deem it desirable
that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) is entitled to and may, in the absence of bad faith on its part, rely upon an
Officers’ Certificate; 
 (4) the Trustee may consult with counsel and the written advice of such counsel or any Opinion of
Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon; 
 (5) the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders pursuant to this Indenture, unless
such Holders shall have offered to the Trustee reasonable security or indemnity against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction; 

(6) the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such
facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney; and

 (7) the Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or
through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder. 

 

  
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 Section 6.4 Not Responsible for Recitals or Issuance of Securities. 

The recitals contained herein and in the Securities, except the Trustee’s certificates of authentication, shall be taken as the
statements of the Company, and neither the Trustee nor any Authenticating Agent assumes any responsibility for their correctness. The Trustee makes no representations as to the validity, sufficiency or priority of this Indenture or of the
Securities. Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Company of Securities or the proceeds thereof. 
 Section 6.5 May Hold Securities and Act as Trustee under Other Indentures. 
 The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities
and, subject to Sections 6.8 and 6.13, may otherwise deal with the Company with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other agent. 

Subject to the limitations imposed by the Trust Indenture Act, nothing in this Indenture shall prohibit the Trustee from becoming and
acting as trustee under other indentures under which other securities, or certificates of interest of participation in other securities, of the Company are outstanding in the same manner as if it were not Trustee hereunder. 

Section 6.6 Money Held in Trust. 
 Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any money received by it
hereunder except as otherwise agreed with the Company. 
 Section 6.7 Compensation and Reimbursement. 

The Company agrees: 
 (1) to pay to the Trustee from time to time reasonable compensation for all services rendered by it hereunder (which compensation shall not be limited by any provision of law in regard to the compensation
of a trustee of an express trust); 
 (2) except as otherwise expressly provided herein, to reimburse the Trustee upon its
request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents and counsel),
except any such expense, disbursement or advance as may be attributable to its negligence or bad faith; and 
 (3) to indemnify
the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without negligence or bad faith on its part, arising out of or in connection with the acceptance or administration of the trust or trusts hereunder, including
the costs and expenses of defending itself against any claim or liability in connection with the exercise or performance of any of its powers or duties hereunder. 
 When the Trustee incurs expenses or renders services after an Event of Default specified in Section 5.1(5) or Section 5.1(6) hereof occurs, the expenses and the compensation for the services
(including the fees and expenses of its agents and counsel) are intended to constitute expenses of administration under any applicable bankruptcy, insolvency, reorganization or similar law. 

 

  
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 Section 6.8 Conflicting Interests. 

If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act and there is an Event of Default
under the Securities of that series, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture. To the extent permitted by
the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series. 
 Section 6.9 Corporate Trustee Required; Eligibility. 
 There shall at
all times be one (and only one) Trustee hereunder with respect to the Securities of each series, which may be Trustee hereunder for Securities of one or more other series. Each Trustee shall be a Person that is eligible pursuant to the Trust
Indenture Act to act as such and has (or if the Trustee is a member of a bank holding company system, its bank holding company has) a combined capital and surplus of at least $50,000,000. If any such Person or bank holding company publishes reports
of condition at least annually, pursuant to law or to the requirements of its supervising or examining authority, then for the purposes of this Section and to the extent permitted by the Trust Indenture Act, the combined capital and surplus of such
Person or bank holding company shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Trustee with respect to the Securities of any series shall cease to be
eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect hereinafter specified in this Article. 
 Section 6.10 Resignation and Removal; Appointment of Successor. 
 No
resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of
Section 6.11. 
 The Trustee may resign at any time with respect to the Securities of one or more series by giving written
notice thereof to the Company. If the instrument of acceptance by a successor Trustee required by Section 6.11 shall not have been delivered to the Trustee within 30 days after the giving of such notice of resignation, the resigning
Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 
 The Trustee may be removed at any time with respect to the Securities of any series by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series, delivered to the
Trustee and to the Company. 
 If at any time: 
 (1) the Trustee shall fail to comply with Section 6.8 after written request therefor by the Company or by any Holder who has been a bona fide Holder of a Security for at least six months, or

 (2) the Trustee shall cease to be eligible under Section 6.9 and shall fail to resign after written request therefor by
the Company or by any such Holder, or 
  

  
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 (3) the Trustee shall become incapable of acting or shall be adjudged a bankrupt or
insolvent or a receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, 

then, in any such case, (A) the Company by a Board Resolution may remove the Trustee with respect to all Securities, or (B) subject to
Section 5.14, any Holder who has been a bona fide Holder of a Security for at least six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee with respect
to all Securities and the appointment of a successor Trustee or Trustees. 
 If the Trustee shall resign, be removed or become
incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, with respect to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to
the Securities of that or those series (it being understood that any such successor Trustee may be appointed with respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the
Securities of any particular series) and shall comply with the applicable requirements of Section 6.11. If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to
the Securities of any series shall be appointed by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series delivered to the Company and the retiring Trustee, the successor Trustee so appointed shall,
forthwith upon its acceptance of such appointment in accordance with the applicable requirements of Section 6.11, become the successor Trustee with respect to the Securities of such series and to that extent supersede the successor Trustee
appointed by the Company. If no successor Trustee with respect to the Securities of any series shall have been so appointed by the Company or the Holders and accepted appointment in the manner required by Section 6.11, the retiring Trustee may
petition, or any Holder who has been a bona fide Holder of a Security of such series for at least six months may petition, on behalf of himself and all others similarly situated, any court of competent jurisdiction for the appointment of a successor
Trustee with respect to the Securities of such series. 
 The Company shall give notice of each resignation and each removal of
the Trustee with respect to the Securities of any series and each appointment of a successor Trustee with respect to the Securities of any series to all Holders of Securities of such series in the manner provided in Section 1.6. Each notice
shall include the name of the successor Trustee with respect to the Securities of such series and the address of its Corporate Trust Office. 

Section 6.11 Acceptance of Appointment by Successor. 
 In case of the appointment hereunder of a successor Trustee with respect to all Securities, every such successor Trustee so appointed shall execute, acknowledge and deliver to the Company and to the
retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed or conveyance, shall become vested with all
the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an instrument transferring to such successor
Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder. 

 

  
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 In case of the appointment hereunder of a successor Trustee with respect to the Securities
of one or more (but not all) series, the Company, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall
accept such appointment and which (1) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with
respect to the Securities of that or those series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be deemed necessary
or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring
Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or
in such supplemental indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other
such Trustee; and upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without any further act, deed
or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the
Company or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which
the appointment of such successor Trustee relates. 
 Upon request of any such successor Trustee, the Company shall execute any
and all instruments for more fully and certainly vesting in and confirming to such successor Trustee all such rights, powers and trusts referred to in the first or second preceding paragraph, as the case may be. 

No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified and
eligible under this Article. 
 Section 6.12 Merger, Conversion, Consolidation or Succession to Business. 

Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from
any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Trustee (including the administration of the trust created by this
Indenture), shall be the successor of the Trustee hereunder, provided such corporation shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the
parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the
Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities. In the event that any Securities shall not have been authenticated by such predecessor Trustee, any such successor Trustee may
authenticate and deliver such Securities in either its own name or that of such predecessor Trustee, with the full force and effect which this Indenture provides for the certificate of authentication of the Trustee. 

 

  
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 Section 6.13 Preferential Collection of Claims Against Company. 

If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities), the Trustee shall be
subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). 

Section 6.14 Appointment of Authenticating Agent. 
 The Trustee may appoint an Authenticating Agent or Agents with respect to one or more series of Securities which shall be authorized to act on behalf of the Trustee to authenticate Securities of such
series issued upon original issue and upon exchange, registration of transfer or partial redemption thereof or pursuant to Section 3.6, and Securities so authenticated shall be entitled to the benefits of this Indenture and shall be valid and
obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is made in this Indenture to the authentication and delivery of Securities by the Trustee or the Trustee’s certificate of authentication, such
reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate of authentication executed on behalf of the Trustee by an Authenticating Agent. Each Authenticating Agent shall be
acceptable to the Company and shall at all times be a corporation organized and doing business under the laws of the United States of America, any State thereof or the District of Columbia, authorized under such laws to act as Authenticating Agent,
having (or if the Authenticating Agent is a member of a bank holding company system, its bank holding company has) a combined capital and surplus of not less than $50,000,000 and subject to supervision or examination by Federal or State authority.
If such Authenticating Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of such
Authenticating Agent shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible in accordance with the provisions of this
Section, such Authenticating Agent shall resign immediately in the manner and with the effect specified in this Section. 
 Any
corporation into which an Authenticating Agent may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any
corporation succeeding to the corporate agency or corporate trust business of an Authenticating Agent, shall continue to be an Authenticating Agent, provided such corporation shall be otherwise eligible under this Section, without the
execution or filing of any paper or any further act on the part of the Trustee or the Authenticating Agent. 
 An Authenticating
Agent may resign at any time by giving written notice thereof to the Trustee and to the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the
Company. Upon receiving such a notice of resignation or upon such a termination, or in case at any time such Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, the Trustee may appoint a successor
Authenticating Agent which shall be acceptable to the Company and shall give notice of such appointment in the manner provided in Section 1.6 to all Holders of Securities of the series with respect to which such Authenticating Agent will serve.
Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent. No successor
Authenticating Agent shall be appointed unless eligible under the provisions of this Section. 

  
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 The Trustee agrees to pay to each Authenticating Agent from time to time reasonable
compensation for its services under this Section, and the Trustee shall be entitled to be reimbursed for such payments, subject to the provisions of Section 6.7. 
 If an appointment with respect to one or more series is made pursuant to this Section 6.14, the Securities of such series may have endorsed thereon, in lieu of the Trustee’s certificate of
authentication, an alternative certificate of authentication in the following form: 
 This is one of the Securities of the
series designated therein referred to in the within-mentioned Indenture. 
  

			
	                           
         ,
	As Trustee
		
	By:	 	  

		 	As Authenticating Agent
		
	By:	 	  

		 	Authorized Officer

 ARTICLE 7

 HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY 
 Section 7.1 Company to Furnish Trustee Names and Addresses of Holders. 

The Company will furnish or cause to be furnished to the Trustee 
 (1) semi-annually, not later than 15 days after the Regular Record Date for each respective series of Securities, a list, in such form as the Trustee may reasonably require, of the names and
addresses of the Holders of Securities of each series as of such Regular Record Date, as the case may be, or if there is no Regular Record Date for such series of Securities, semi-annually, and 

(2) at such other times as the Trustee may request in writing, within 30 days after the receipt by the Company of any such request,
a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished; 
 provided that no
such list need be furnished by the Company to the Trustee so long as the Trustee is acting as Security Registrar. 
 Section 7.2
Preservation of Information; Communications to Holders. 
 The Trustee shall preserve, in as current a form as is reasonably
practicable, the names and addresses of Holders contained in the most recent list furnished to the Trustee as provided in Section 7.1 and the names and addresses of Holders received by the Trustee in its capacity as Security Registrar. The
Trustee may destroy any list furnished to it as provided in Section 7.1 upon receipt of a new list so furnished. 
  

  
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 The rights of Holders to communicate with other Holders with respect to their rights under
this Indenture or under the Securities, and the corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act. 
 Every Holder of Securities, by receiving and holding the same, agrees with the Company and the Trustee that neither the Company nor the Trustee nor any agent of either of them shall be held accountable by
reason of any disclosure of information as to names and addresses of Holders made pursuant to the Trust Indenture Act. 
 Section 7.3
Reports by Trustee. 
 The Trustee shall transmit to Holders such reports concerning the Trustee and its actions under this
Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto. 

Reports so required to be transmitted at stated intervals of not more than 12 months shall be transmitted no later than July 15
in each calendar year, commencing with the first July 15 after the first issuance of Securities pursuant to this Indenture. 
 A copy of each such report shall, at the time of such transmission to Holders, be filed by the Trustee with each stock exchange upon which any Securities are listed, with the Commission and with the
Company. The Company will notify the Trustee when any Securities are listed on any stock exchange. 
 Section 7.4 Reports by Company.

 Any information, documents or other reports that the Company shall file with the Commission pursuant to Section 13 or
15(d) of the Exchange Act shall be filed with the Trustee within 15 days after the same is filed with the Commission; provided that any such information, documents or reports filed or furnished with the Commission pursuant to its
Electronic Data Gathering, Analysis and Retrieval (or EDGAR) system shall be deemed to be filed with the Trustee as of the time such information, documents or reports are filed or furnished via EDGAR. 

ARTICLE 8 

CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE 
 Section 8.1 Company May Consolidate, etc., Only on Certain Terms. 
 The
Company shall not consolidate with or merge into any other Person (other than a Subsidiary of the Company) (in a transaction in which the Company is not the surviving corporation) or convey, transfer or lease its properties and assets substantially
as an entirety to any Person (other than a Subsidiary of the Company), unless: 
 (1) in case the Company shall consolidate with
or merge into another Person (in a transaction in which the Company is not the surviving corporation) or convey, transfer or lease its properties and assets substantially as an entirety to any Person, the Person formed by such consolidation or into
which the Company is merged or the Person which acquires by conveyance or transfer, or which leases, the properties and assets of the Company substantially as an entirety shall be a corporation, limited liability company, partnership, trust or other
business entity, shall be organized and validly existing under the laws of the United States of America, any State thereof or the District of Columbia and shall expressly assume, by an indenture supplemental hereto, executed and delivered to the
Trustee, in form satisfactory to the Trustee, the due and punctual payment of the principal of and any premium and interest on all the Securities and the performance or observance of every covenant of this Indenture on the part of the Company to be
performed or observed and the conversion rights shall be provided for in accordance with Article 14, if applicable, or as otherwise specified pursuant to Section 3.1, by supplemental indenture satisfactory in form to the Trustee, executed
and delivered to the Trustee, by the Person (if other than the Company) formed by such consolidation or into which the Company shall have been merged or by the Person which shall have acquired the Company’s assets; 

  
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 (2) immediately after giving effect to such transaction and treating any indebtedness which
becomes an obligation of the Company or any Subsidiary as a result of such transaction as having been incurred by the Company or such Subsidiary at the time of such transaction, no Event of Default, and no event which, after notice or lapse of time
or both, would become an Event of Default, shall have occurred and be continuing; and 
 (3) the Company has delivered to the
Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental
indenture comply with this Article and that all conditions precedent herein provided for relating to such transaction have been complied with. 

Section 8.2 Successor Substituted. 
 Upon any consolidation of the Company with, or merger of the Company into, any other Person or any conveyance, transfer or lease of the properties and assets of the Company substantially as an entirety in
accordance with Section 8.1, the successor Person formed by such consolidation or into which the Company is merged or to which such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and
power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein, and thereafter, except in the case of a lease, the predecessor Person shall be relieved of all obligations and
covenants under this Indenture and the Securities. 
  

  
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 ARTICLE 9 
 SUPPLEMENTAL INDENTURES 
 Section 9.1 Supplemental Indentures Without Consent of
Holders. 
 Without the consent of any Holders, the Company, when authorized by a Board Resolution, and the Trustee, at any
time and from time to time, may enter into one or more indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following purposes: 
 (1) to evidence the succession of another Person to the Company, or successive successions, and the assumption by any such successor of the covenants of the Company herein and in the Securities in
compliance with Article 8; or 
 (2) to add to the covenants of the Company for the benefit of the Holders of all or any
series of Securities (and if such covenants are to be for the benefit of less than all series of Securities, stating that such covenants are expressly being included solely for the benefit of such series) or to surrender any right or power herein
conferred upon the Company; or 
 (3) to add any additional Events of Default for the benefit of the Holders of all or any
series of Securities (and if such additional Events of Default are to be for the benefit of less than all series of Securities, stating that such additional Events of Default are expressly being included solely for the benefit of such series); or

 (4) to add to or change any of the provisions of this Indenture to such extent as shall be necessary to permit or facilitate
the issuance of Securities in bearer form, registrable or not registrable as to principal, and with or without interest coupons, or to permit or facilitate the issuance of Securities in uncertificated form; or 

(5) to add to, change or eliminate any of the provisions of this Indenture in respect of one or more series of Securities,
provided that any such addition, change or elimination (A) shall neither (i) apply to any Security of any series created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor
(ii) modify the rights of the Holder of any such Security with respect to such provision or (B) shall become effective only when there is no such Security Outstanding; or 

(6) to secure the Securities, including provisions regarding the circumstances under which collateral may be released or substituted; or

 (7) to add or provide for a guaranty of the Securities or additional obligors on the Securities; or 

(8) to establish the form or terms of Securities of any series as permitted by Sections 2.1 and 3.1; or 

  
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 (9) to evidence and provide for the acceptance of appointment hereunder by a successor
Trustee with respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee,
pursuant to the requirements of Section 6.11; or 
 (10) to conform this Indenture to the description of the Securities set
forth in the Prospectus; 
 (11) to cure any ambiguity, to correct or supplement any provision herein which may be defective or
inconsistent with any other provision herein, or to make any other provisions with respect to matters or questions arising under this Indenture, provided that such action pursuant to this clause (11) shall not adversely affect the
interests of the Holders of Securities of any series in any material respect; or 
 (12) to supplement any of the provisions of
the Indenture to such extent as shall be necessary to permit or facilitate the defeasance and discharge of any series of Securities pursuant to Articles 4 and 13, provided that any such action shall not adversely affect the interests of the
Holders of Securities of such series or any other series of Securities in any material respect. 
 Section 9.2 Supplemental Indentures
with Consent of Holders. 
 With the consent of the Holders of a majority in principal amount of the Outstanding Securities
of each series affected by such supplemental indenture, by Act of said Holders delivered to the Company and the Trustee, the Company, when authorized by a Board Resolution, and the Trustee may enter into an indenture or indentures supplemental
hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders of Securities of such series under this Indenture;
provided, however, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby, 
 (1) change the Stated Maturity of the principal of, or any installment of principal of or interest on, any Security, or reduce the principal amount thereof or the rate of interest thereon or any premium
payable upon the redemption thereof, or reduce the amount of the principal of an Original Issue Discount Security or any other Security which would be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to
Section 5.2, or change the place of payment or the coin or currency in which, any Security or any premium or interest thereon is payable, or impair the right to institute suit for the enforcement of any such payment on or after the Stated
Maturity thereof (or, in the case of redemption, on or after the Redemption Date), or modify the provisions of this Indenture in the case of Securities of any series that are convertible into Securities or other securities of the Company, adversely
affect the right of Holders to convert any of the Securities of such series other than as provided in or pursuant to this Indenture, or 
 (2) reduce the percentage in principal amount of the Outstanding Securities of any series, the consent of whose Holders is required for any such supplemental indenture, or the consent of whose Holders is
required for any waiver (of compliance with certain provisions of this Indenture or certain defaults hereunder and their consequences) provided for in this Indenture, or 

  
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 (3) modify any of the provisions of this Section, Section 5.13 or Section 10.8,
except to increase any such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of each Outstanding Security affected thereby; provided, however, that
this clause shall not be deemed to require the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant changes in this Section and Section 10.8, or the deletion of this proviso, in accordance
with the requirements of Sections 6.11 and 9.1(8), or 
 (4) if applicable, make any change that adversely affects the
right to convert any security as provided in Article 14 or pursuant to Section 3.1 (except as permitted by Section 9.1(9)). 
 A supplemental indenture which changes or eliminates any covenant or other provision of this Indenture which has expressly been included solely for the benefit of one or more particular series of
Securities, or which modifies the rights of the Holders of Securities of such series with respect to such covenant or other provision, shall be deemed not to affect the rights under this Indenture of the Holders of Securities of any other series.

 It shall not be necessary for any Act of Holders under this Section to approve the particular form of any proposed
supplemental indenture, but it shall be sufficient if such Act shall approve the substance thereof. 
 Section 9.3 Execution of
Supplemental Indentures. 
 In executing, or accepting the additional trusts created by, any supplemental indenture permitted
by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Sections 6.1 and 6.3) shall be fully protected in relying upon, an Opinion of Counsel stating that
the execution of such supplemental indenture is authorized or permitted by this Indenture. The Trustee may, but shall not be obligated to, enter into any such supplemental indenture which affects the Trustee’s own rights, duties or immunities
under this Indenture or otherwise. 
 Section 9.4 Effect of Supplemental Indentures. 

Upon the execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and such
supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated and delivered hereunder shall be bound thereby. 

Section 9.5 Conformity with Trust Indenture Act. 
 Every supplemental indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act. 
 Section 9.6 Reference in Securities to Supplemental Indentures. 

Securities of any series authenticated and delivered after the execution of any supplemental indenture pursuant to this Article may, and
shall if required by the Trustee, bear a notation in form approved by the Trustee as to any matter provided for in such supplemental indenture. If the Company shall so determine, new Securities of any series so modified as to conform, in the opinion
of the Trustee and the Company, to any such supplemental indenture may be prepared and executed by the Company and authenticated and delivered by the Trustee in exchange for Outstanding Securities of such series. 

  
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 ARTICLE 10 
 COVENANTS 
 Section 10.1 Payment of Principal, Premium and Interest.

 The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the
principal of and any premium and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture. 

Section 10.2 Maintenance of Office or Agency. 
 The Company will maintain in each Place of Payment for any series of Securities an office or agency where Securities of that series may be presented or surrendered for payment, where Securities of that
series may be surrendered for registration of transfer or exchange, where Securities of that series may be surrendered for conversion and where notices and demands to or upon the Company in respect of the Securities of that series and this Indenture
may be served. The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail
to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such
presentations, surrenders, notices and demands. Unless otherwise provided in a supplemental indenture or pursuant to Section 3.1 hereof, the Place of Payment for any series of Securities shall be the Corporate Trust Office of the Trustee.

 The Company may also from time to time designate one or more other offices or agencies where the Securities of one or more
series may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its
obligation to maintain an office or agency in each Place of Payment for Securities of any series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of
any such other office or agency. 
 Section 10.3 Money for Securities Payments To Be Held in Trust. 

If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date
of the principal of or any premium or interest on any of the Securities of that series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal and any premium and interest so becoming due
until such sums shall be paid to such Persons or otherwise disposed of as herein provided and will promptly notify the Trustee of its action or failure so to act. 
 Whenever the Company shall have one or more Paying Agents for any series of Securities, it will, on or prior to each due date of the principal of or any premium or interest on any Securities of that
series, deposit with a Paying Agent a sum sufficient to pay such amount, such sum to be held as provided by the Trust Indenture Act, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure
so to act. 

  
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 The Company will cause each Paying Agent for any series of Securities other than the Trustee to execute and
deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent will (1) comply with the provisions of the Trust Indenture Act applicable to it as a
Paying Agent and (2) during the continuance of any default by the Company (or any other obligor upon the Securities of that series) in the making of any payment in respect of the Securities of that series, upon the written request of the
Trustee, forthwith pay to the Trustee all sums held in trust by such Paying Agent for payment in respect of the Securities of that series. 
 The Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay, to the Trustee
all sums held in trust by the Company or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Company or such Paying Agent; and, upon such payment by any Paying Agent to the
Trustee, such Paying Agent shall be released from all further liability with respect to such money. 
 Any money deposited with
the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of the principal of or any premium or interest on any Security of any series and remaining unclaimed for a period ending on the earlier of the date that is ten
Business Days prior to the date such money would escheat to the State or two years after such principal, premium or interest has become due and payable shall be paid to the Company on Company Request, or (if then held by the Company) shall be
discharged from such trust; and the Holder of such Security shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and
all liability of the Company as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense of the Company cause to be published
once, in a newspaper published in the English language, customarily published on each Business Day and of general circulation in each Place of Payment, notice that such money remains unclaimed and that, after a date specified therein, which shall
not be less than 30 days from the date of such publication, any unclaimed balance of such money then remaining will be repaid to the Company. 
 Section 10.4 Statement by Officers as to Default. 
 The Company will
deliver to the Trustee, within 120 days after the end of each fiscal year of the Company ending after the date hereof, an Officers’ Certificate, stating whether or not to the best knowledge of the signers thereof the Company is in default
in the performance and observance of any of the terms, provisions and conditions of this Indenture (without regard to any period of grace or requirement of notice provided hereunder) and, if the Company shall be in default, specifying all such
defaults and the nature and status thereof of which they may have knowledge. The fiscal year of the Company currently ends on December 31; and the Company will give the Trustee prompt written notice of any change of its fiscal year. 

Section 10.5 Existence. 
 Subject to Article 8, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its existence. 

Section 10.6 Maintenance of Properties. 
 The Company will cause all properties used or useful in the conduct of its business to be maintained and kept in good condition, repair and working order and supplied with all necessary equipment and will
cause to be made all necessary repairs, renewals, replacements, betterments and improvements thereof, all as, and to the extent, in the judgment of the Company may be necessary so that the business carried on in connection therewith may be properly
and advantageously conducted at all times; provided, however, that nothing in this Section shall prevent the Company from discontinuing the operation or maintenance of any of such properties if such discontinuance is, in the judgment
of the Company, desirable in the conduct of its business and not disadvantageous in any material respect to the Holders. 

  
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 Section 10.7 Payment of Taxes and Other Claims. 

The Company will pay or discharge or cause to be paid or discharged, before the same shall become delinquent, (1) all taxes,
assessments and governmental charges levied or imposed upon the Company or upon the income, profits or property of the Company, and (2) all lawful claims for labor, materials and supplies which, if unpaid, might by law become a lien upon the
property of the Company; provided, however, that the Company shall not be required to pay or discharge or cause to be paid or discharged any such tax, assessment, charge or claim (i) whose amount, applicability or validity is
being contested in good faith by appropriate proceedings or (ii) if the failure to pay or discharge would not have a material adverse effect on the assets, business, operations, properties or condition (financial or otherwise) of the Company
and its subsidiaries, taken as a whole. 
 Section 10.8 Waiver of Certain Covenants. 

Except as otherwise specified as contemplated by Section 3.1 for Securities of such series, the Company may, with respect to the
Securities of any series, omit in any particular instance to comply with any term, provision or condition set forth in any covenant provided pursuant to Section 3.1(19), 9.1(2), 9.1(7), 10.6 or 10.7 for the benefit of the Holders of such series
if before the time for such compliance the Holders of at least a majority in principal amount of the Outstanding Securities of such series shall, by Act of such Holders, either waive such compliance in such instance or generally waive compliance
with such term, provision or condition, but no such waiver shall extend to or affect such term, provision or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the
duties of the Trustee in respect of any such term, provision or condition shall remain in full force and effect. 
 ARTICLE 11

 REDEMPTION OF SECURITIES 
 Section 11.1 Applicability of Article. 
 Securities of any series that
are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 3.1 for such Securities) in accordance with this Article. 

Section 11.2 Election to Redeem; Notice to Trustee. 
 The election of the Company to redeem any Securities shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.1 for such Securities. In case of any
redemption at the election of the Company of less than all the Securities of any series (including any such redemption affecting only a single Security), the Company shall, at least 45 days prior to the Redemption Date fixed by the Company
(unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed. In the
case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officers’ Certificate
evidencing compliance with such restriction. 

  
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 Section 11.3 Selection by Trustee of Securities to Be Redeemed. 

If less than all the Securities of any series are to be redeemed (unless all the Securities of such series and of a specified tenor are to
be redeemed or unless such redemption affects only a single Security), the particular Securities to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series
not previously called for redemption, by lot, or in the Trustee’s discretion, on a pro-rata basis, provided that the unredeemed portion of the principal amount of any Security shall be in an authorized denomination (which shall not be
less than the minimum authorized denomination) for such Security. If less than all the Securities of such series and of a specified tenor are to be redeemed (unless such redemption affects only a single Security), the particular Securities to be
redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series and specified tenor not previously called for redemption in accordance with the preceding sentence.

 If any Security selected for partial redemption is converted in part before termination of the conversion right with respect
to the portion of the Security so selected, the converted portion of such Security shall be deemed (so far as may be) to be the portion selected for redemption. Securities that have been converted during a selection of Securities to be redeemed
shall be treated by the Trustee as Outstanding for the purpose of such selection. 
 The Trustee shall promptly notify the
Company in writing of the Securities selected for redemption as aforesaid and, in case of any Securities selected for partial redemption as aforesaid, the principal amount thereof to be redeemed. 

The provisions of the three preceding paragraphs shall not apply with respect to any redemption affecting only a single Security, whether
such Security is to be redeemed in whole or in part. In the case of any such redemption in part, the unredeemed portion of the principal amount of the Security shall be in an authorized denomination (which shall not be less than the minimum
authorized denomination) for such Security. 
 For all purposes of this Indenture, unless the context otherwise requires, all
provisions relating to the redemption of Securities shall relate, in the case of any Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Securities which has been or is to be redeemed. 

Section 11.4 Notice of Redemption. 
 Notice of redemption shall be given by first-class mail, postage prepaid, mailed not fewer than 30 nor more than 60 days prior to the Redemption Date, unless a shorter period is specified in the
Securities to be redeemed, to each Holder of Securities to be redeemed, at its address appearing in the Security Register. 

All notices of redemption shall state: 
 (1) the Redemption Date, 

  
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 (2) the Redemption Price (including accrued interest, if any), 

(3) if less than all the Outstanding Securities of any series consisting of more than a single Security are to be redeemed, the
identification (and, in the case of partial redemption of any such Securities, the principal amounts) of the particular Securities to be redeemed and, if less than all the Outstanding Securities of any series consisting of a single Security are to
be redeemed, the principal amount of the particular Security to be redeemed, 
 (4) in case any Security is to be redeemed in
part only, that on and after the Redemption Date, upon surrender of the Security, the Holder of such Security will receive, without charge, a new Security or Securities of authorized denominations for the principal amount thereof remaining
unredeemed; 
 (5) that on the Redemption Date the Redemption Price will become due and payable upon each such Security to be
redeemed and, if applicable, that interest thereon will cease to accrue on and after said date, 
 (6) the place or places where
each such Security is to be surrendered for payment of the Redemption Price, 
 (7) if applicable, the conversion price or the
conversion rate, as the case may be, the date on which the right to convert the principal of the Securities or the portions thereof to be redeemed will terminate, and the place or places where such Securities may be surrendered for conversion,

 (8) that the redemption is for a sinking fund, if such is the case, and 

(9) the CUSIP number or numbers and/or common code(s) of the Security being redeemed. 

Notice of redemption of Securities to be redeemed at the election of the Company shall be given by the Company or, at the Company’s
request, by the Trustee in the name and at the expense of the Company and shall be irrevocable. 
 Section 11.5 Deposit of Redemption
Price. 
 On or prior to any Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the
Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 10.3) an amount of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued
interest on, all the Securities which are to be redeemed on that date. 
 If any Security called for redemption is converted,
any money deposited with the Trustee or with a Paying Agent or so segregated and held in trust for the redemption of such Security shall (subject to the right of any Holder of such Security to receive interest as provided in the last paragraph of
Section 3.7) be paid to the Company on Company Request, or if then held by the Company, shall be discharged from such trust. 

  
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 Section 11.6 Securities Payable on Redemption Date. 

Notice of redemption having been given as aforesaid, the Securities so to be redeemed shall, on the Redemption Date, become due and
payable at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall cease to bear interest. Upon surrender of any such
Security for redemption in accordance with said notice, such Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided, however, that, unless otherwise specified as
contemplated by Section 3.1, installments of interest whose Stated Maturity is on or prior to the Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, registered as such at the close of
business on the relevant Record Dates according to their terms and the provisions of Section 3.7. 
 If any Security called
for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security. 

Section 11.7 Securities Redeemed in Part. 
 Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of
transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or its attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such
Security without service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the
principal of the Security so surrendered. 
 ARTICLE 12 

SINKING FUNDS 

Section 12.1 Applicability of Article. 
 The provisions of this Article shall be applicable to any sinking fund for the retirement of Securities of any series except as otherwise specified as contemplated by Section 3.1 for such Securities.

 The minimum amount of any sinking fund payment provided for by the terms of any Securities is herein referred to as a
“mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of such Securities is herein referred to as an “optional sinking fund payment.” If provided for by the terms of any
Securities, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 12.2. Each sinking fund payment shall be applied to the redemption of Securities as provided for by the terms of such Securities.

  
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 Section 12.2 Satisfaction of Sinking Fund Payments with Securities. 

The Company (1) may deliver Outstanding Securities of a series (other than any previously called for redemption) and (2) may
apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such
Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to any Securities of such series required to be made pursuant to the terms of such Securities as and to the extent provided for by the terms of such
Securities; provided that the Securities to be so credited have not been previously so credited. The Securities to be so credited shall be received and credited for such purpose by the Trustee at the Redemption Price, as specified in the
Securities so to be redeemed, for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. 
 Section 12.3 Redemption of Securities for Sinking Fund. 
 Not fewer
than 60 days prior to each sinking fund payment date for any Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next ensuing sinking fund payment for such Securities pursuant to the
terms of such Securities, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting Securities pursuant to Section 12.2 and will also deliver
to the Trustee any Securities to be so delivered. Not fewer than 30 days prior to each such sinking fund payment date, the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the manner specified in
Section 11.3 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section 11.4. Such notice having been duly given, the redemption of such Securities shall be
made upon the terms and in the manner stated in Sections 11.6 and 11.7. 
 ARTICLE 13 

DEFEASANCE AND COVENANT DEFEASANCE 
 Section 13.1 Company’s Option to Effect Defeasance or Covenant Defeasance. 
 The Company may elect, at its option at any time, to have Section 13.2 or Section 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to
Section 3.1 as being defeasible pursuant to such Section 13.2 or 13.3, in accordance with any applicable requirements provided pursuant to Section 3.1 and upon compliance with the conditions set forth below in this Article. Any such
election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.1 for such Securities. 

Section 13.2 Defeasance and Discharge. 
 Upon the Company’s exercise of its option (if any) to have this Section applied to any Securities or any series of Securities, as the case may be, the Company shall be deemed to have been discharged
from its obligations with respect to such Securities as provided in this Section on and after the date the conditions set forth in Section 13.4 are satisfied (hereinafter called “Defeasance”). For this purpose, such Defeasance means
that the Company shall be deemed to have paid and discharged the entire indebtedness represented by such Securities and to have satisfied all its other obligations under such Securities and this Indenture insofar as such Securities are concerned
(and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), subject to the following which shall survive until otherwise terminated or discharged hereunder: 

(1) the rights of Holders of such Securities to receive, solely from the trust fund described in Section 13.4 and as more fully set
forth in such Section, payments in respect of the principal of and any premium and interest on such Securities when payments are due, 

  
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 (2) the Company’s obligations with respect to such Securities under Sections 3.4,
3.5, 3.6, 10.2 and 10.3, and, if applicable, Article 14, 
 (3) the rights, powers, trusts, duties and immunities of the
Trustee hereunder, and 
 (4) this Article. 
 Subject to compliance with this Article, the Company may exercise its option (if any) to have this Section applied to any Securities notwithstanding the prior exercise of its option (if any) to have
Section 13.3 applied to such Securities. 
 Section 13.3 Covenant Defeasance. 

Upon the Company’s exercise of its option (if any) to have this Section applied to any Securities or any series of Securities, as the
case may be, 
 (1) the Company shall be released from its obligations under Sections 10.6 and 10.7 and any covenants
provided pursuant to Sections 3.1(19), 9.1(2) or 9.1(7) for the benefit of the Holders of such Securities and 
 (2) the
occurrence of any event specified in Section 5.1(4) (with respect to any of Sections 10.6 and 10.7 and any such covenants provided pursuant to Section 3.1(19), 9.1(2) or 9.1(7)) and the occurrence of any other Event of Default
specified pursuant to Section 3.1 shall be deemed not to be or result in an Event of Default, 
 in each case with respect to such
Securities or any series of Securities as provided in this Section on and after the date the conditions set forth in Section 13.4 are satisfied (hereinafter called “Covenant Defeasance”). For this purpose, such Covenant Defeasance
means that, with respect to such Securities, the Company may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such specified Section (to the extent so specified in the case of
Section 5.1(4) and the occurrence of any other Event of Default specified pursuant to Section 3.1), whether directly or indirectly by reason of any reference elsewhere herein to any such Section or by reason of any reference in any such
Section to any other provision herein or in any other document, but the remainder of this Indenture and such Securities shall be unaffected thereby. 
 Section 13.4 Conditions to Defeasance or Covenant Defeasance. 
 The
following shall be the conditions to the application of Section 13.2 or Section 13.3 to any Securities or any series of Securities, as the case may be: 
 (1) The Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another trustee which satisfies the requirements contemplated by Section 6.9 and agrees to comply with
the provisions of this Article applicable to it) as trust funds in trust for the purpose of making the following payments, specifically pledged as security for, and dedicated solely to, the benefits of the Holders of such Securities, 

(A) in the case of Securities of a series denominated in currency of the United States of America, 

  
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 (i) cash in currency of the United States of America in an amount, or 

(ii) U.S. Government Obligations which through the scheduled payment of principal and interest in respect thereof in accordance with
their terms will provide, not later than one day before the due date of any payment, an amount in cash, or 
 (iii) a
combination thereof, or 
 (B) in the case of Securities of a series denominated in currency other than that of the United
States of America, 
 (i) cash in the currency in which such series of Securities is denominated in an amount, or 

(ii) Foreign Government Obligations which through the scheduled payment of principal and interest in respect thereof in accordance with
their terms will provide, not later than one day before the due date of any payment, an amount in cash, or 
 (iii) a
combination thereof, 
 in each case sufficient, in the opinion of a nationally recognized firm of independent public accountants expressed in a
written certification thereof delivered to the Trustee, to pay and discharge, and which shall be applied by the Trustee (or any such other qualifying trustee) to pay and discharge, the principal of and any premium and interest on such Securities on
the respective Stated Maturities, in accordance with the terms of this Indenture and such Securities. 
 (2) In the event of an
election to have Section 13.2 apply to any Securities or any series of Securities, as the case may be, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (A) the Company has received from, or there has been
published by, the Internal Revenue Service a ruling or (B) since the date of this instrument, there has been a change in the applicable Federal income tax law, in either case (A) or (B) to the effect that, and based thereon such
opinion shall confirm that, the Holders of such Securities will not recognize gain or loss for Federal income tax purposes as a result of the deposit, Defeasance and discharge to be effected with respect to such Securities and will be subject to
Federal income tax on the same amount, in the same manner and at the same times as would be the case if such deposit, Defeasance and discharge were not to occur. 
 (3) In the event of an election to have Section 13.3 apply to any Securities or any series of Securities, as the case may be, the Company shall have delivered to the Trustee an Opinion of Counsel to
the effect that the Holders of such Securities will not recognize gain or loss for Federal income tax purposes as a result of the deposit and Covenant Defeasance to be effected with respect to such Securities and will be subject to Federal income
tax on the same amount, in the same manner and at the same times as would be the case if such deposit and Covenant Defeasance were not to occur. 

  
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 (4) The Company shall have delivered to the Trustee an Officers’ Certificate to the
effect that neither such Securities nor any other Securities of the same series, if then listed on any securities exchange, will be delisted as a result of such deposit. 
 (5) No event which is, or after notice or lapse of time or both would become, an Event of Default with respect to such Securities or any other Securities shall have occurred and be continuing at the time
of such deposit or, with regard to any such event specified in Sections 5.1(5) and (6), at any time on or prior to the 90th day after the date of such deposit (it being understood that this condition shall not be deemed satisfied until after
such 90th day). 
 (6) Such Defeasance or Covenant Defeasance shall not cause the Trustee to have a conflicting interest within
the meaning of the Trust Indenture Act (assuming all Securities are in default within the meaning of such Act). 
 (7) Such
Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or instrument to which the Company is a party or by which it is bound. 

(8) Such Defeasance or Covenant Defeasance shall not result in the trust arising from such deposit constituting an investment company
within the meaning of the Investment Company Act unless such trust shall be registered under such Act or exempt from registration thereunder. 
 (9) The Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent with respect to such Defeasance or Covenant
Defeasance have been complied with. 
 Section 13.5 Deposited Money, U.S. Government Obligations and Foreign Government Obligations to
be Held in Trust; Miscellaneous Provisions. 
 Subject to the provisions of the last paragraph of Section 10.3, all
money, U.S. Government Obligations and Foreign Government Obligations (including the proceeds thereof) deposited with the Trustee or other qualifying trustee (solely for purposes of this Section and Section 13.6, the Trustee and any such other
trustee are referred to collectively as the “Trustee”) pursuant to Section 13.4 in respect of any Securities shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and this Indenture,
to the payment, either directly or through any such Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities, of all sums due and to become due thereon in respect of
principal and any premium and interest, but money so held in trust need not be segregated from other funds except to the extent required by law. The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or
assessed against the U.S. Government Obligations or Foreign Government Obligations deposited pursuant to Section 13.4 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the
account of the Holders of Outstanding Securities. Anything in this Article to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request any money, U.S. Government Obligations or Foreign
Government Obligations held by it as provided in Section 13.4 with respect to any Securities which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the
Trustee, are in excess of the amount thereof which would then be required to be deposited to effect the Defeasance or Covenant Defeasance, as the case may be, with respect to such Securities. 

  
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 Section 13.6 Reinstatement. 

If the Trustee or the Paying Agent is unable to apply any money in accordance with this Article with respect to any Securities by reason
of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the obligations under this Indenture and such Securities from which the Company has been discharged or released
pursuant to Section 13.2 or 13.3 shall be revived and reinstated as though no deposit had occurred pursuant to this Article with respect to such Securities, until such time as the Trustee or Paying Agent is permitted to apply all money held in
trust pursuant to Section 13.5 with respect to such Securities in accordance with this Article; provided, however, that if the Company makes any payment of principal of or any premium or interest on any such Security following
such reinstatement of its obligations, the Company shall be subrogated to the rights (if any) of the Holders of such Securities to receive such payment from the money so held in trust. 

ARTICLE 14 

CONVERSION OF SECURITIES 

Section 14.1 Applicability of Article. 
 The provisions of this Article shall be applicable to the Securities of any series which are convertible into shares of Common Stock of the Company, and the issuance of such shares of Common Stock upon
the conversion of such Securities, except as otherwise specified as contemplated by Section 3.1 for the Securities of such series. 

Section 14.2 Exercise of Conversion Privilege. 
 In order to exercise a conversion privilege, the Holder of a Security of a series with such a privilege shall surrender such Security to the Company at the office or agency maintained for that purpose
pursuant to Section 10.2, accompanied by a duly executed conversion notice to the Company substantially in the form set forth in Section 2.6 stating that the Holder elects to convert such Security or a specified portion thereof. Such
notice shall also state, if different from the name and address of such Holder, the name or names (with address) in which the certificate or certificates for shares of Common Stock which shall be issuable on such conversion shall be issued.
Securities surrendered for conversion shall (if so required by the Company or the Trustee) be duly endorsed by or accompanied by instruments of transfer in forms satisfactory to the Company and the Trustee duly executed by the Holder or its attorney
duly authorized in writing; and Securities so surrendered for conversion (in whole or in part) during the period from the close of business on any Regular Record Date to the opening of business on the next succeeding Interest Payment Date (excluding
Securities or portions thereof called for redemption during the period beginning at the close of business on a Regular Record Date and ending at the opening of business on the first Business Day after the next succeeding Interest Payment Date, or if
such Interest Payment Date is not a Business Day, the second such Business Day) shall also be accompanied by payment in funds acceptable to the Company of an amount equal to the interest payable on such Interest Payment Date on the principal amount
of such Security then being converted, and such interest shall be payable to such Holder notwithstanding the conversion of such Security, subject to the provisions of Section 3.7 relating to the payment of Defaulted Interest by the Company. As
promptly as practicable after the receipt of such notice and of any payment required pursuant to a Board Resolution and, subject to Section 3.3, set forth, or determined in the manner provided, in an Officers’ Certificate, or established
in one or more indentures supplemental hereto setting forth the terms of such series of Security, and the surrender of such Security in accordance with such reasonable regulations as the Company may 

  
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 prescribe, the Company shall issue and shall deliver, at the office or agency at which such Security is
surrendered, to such Holder or on its written order, a certificate or certificates for the number of full shares of Common Stock issuable upon the conversion of such Security (or specified portion thereof), in accordance with the provisions of such
Board Resolution, Officers’ Certificate or supplemental indenture, and cash as provided therein in respect of any fractional share of such Common Stock otherwise issuable upon such conversion. Such conversion shall be deemed to have been
effected immediately prior to the close of business on the date on which such notice and such payment, if required, shall have been received in proper order for conversion by the Company and such Security shall have been surrendered as aforesaid
(unless such Holder shall have so surrendered such Security and shall have instructed the Company to effect the conversion on a particular date following such surrender and such Holder shall be entitled to convert such Security on such date, in
which case such conversion shall be deemed to be effected immediately prior to the close of business on such date) and at such time the rights of the Holder of such Security as such Security Holder shall cease and the person or persons in whose name
or names any certificate or certificates for shares of Common Stock of the Company shall be issuable upon such conversion shall be deemed to have become the Holder or Holders of record of the shares represented thereby. Except as set forth above and
subject to the final paragraph of Section 3.7, no payment or adjustment shall be made upon any conversion on account of any interest accrued on the Securities (or any part thereof) surrendered for conversion or on account of any dividends on
the Common Stock of the Company issued upon such conversion. In the case of any Security which is converted in part only, upon such conversion the Company shall execute and the Trustee shall authenticate and deliver to or on the order of the Holder
thereof, at the expense of the Company, a new Security or Securities of the same series, of authorized denominations, in aggregate principal amount equal to the unconverted portion of such Security. 

Section 14.3 No Fractional Shares. 
 No fractional share of Common Stock of the Company shall be issued upon conversions of Securities of any series. If more than one Security shall be surrendered for conversion at one time by the same
Holder, the number of full shares which shall be issuable upon conversion shall be computed on the basis of the aggregate principal amount of the Securities (or specified portions thereof to the extent permitted hereby) so surrendered. If, except
for the provisions of this Section 14.3, any Holder of a Security or Securities would be entitled to a fractional share of Common Stock of the Company upon the conversion of such Security or Securities, or specified portions thereof, the
Company shall pay to such Holder an amount in cash equal to the current market value of such fractional share computed, (i) if such Common Stock is listed or admitted to unlisted trading privileges on a national securities exchange or market,
on the basis of the last reported sale price regular way on such exchange or market on the last trading day prior to the date of conversion upon which such a sale shall have been effected, or (ii) if such Common Stock is not at the time so
listed or admitted to unlisted trading privileges on a national securities exchange or market, on the basis of the average of the bid and asked prices of such Common Stock in the over-the-counter market, on the last trading day prior to the date of
conversion, as reported by the National Quotation Bureau, Incorporated or similar organization if the National Quotation Bureau, Incorporated is no longer reporting such information, or if not so available, the fair market price as determined by the
Board of Directors. For purposes of this Section, “trading day” shall mean each Monday, Tuesday, Wednesday, Thursday and Friday other than any day on which the Common Stock is not traded on the Nasdaq Global Market, or if the Common Stock
is not traded on the Nasdaq Global Market, on the principal exchange or market on which the Common Stock is traded or quoted. 

  
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 Section 14.4 Adjustment of Conversion Price or Conversion Rate. 

The conversion price or conversion rate, as the case may be, of Securities of any series that is convertible into Common Stock of the
Company shall be adjusted for any stock dividends, stock splits, reclassifications, combinations or similar transactions in accordance with the terms of the supplemental indenture or Board Resolutions setting forth the terms of the Securities of
such series. Whenever the conversion price or conversion rate, as the case may be, is adjusted, the Company shall compute the adjusted conversion price or conversion rate, as the case may be, in accordance with terms of the applicable Board
Resolution or supplemental indenture and shall prepare an Officers’ Certificate setting forth the adjusted conversion price or conversion rate, as the case may be, and showing in reasonable detail the facts upon which such adjustment is based,
and such certificate shall forthwith be filed at each office or agency maintained for the purpose of conversion of Securities pursuant to Section 10.2 and, if different, with the Trustee. The Company shall forthwith cause a notice setting forth
the adjusted conversion price or conversion rate, as the case may be, to be mailed, first class postage prepaid, to each Holder of Securities of such series at its address appearing on the Security Register and to any conversion agent other than the
Trustee. 
 Section 14.5 Notice of Certain Corporate Actions. 

In case: 
 (1)
the Company shall declare a dividend (or any other distribution) on its Common Stock payable otherwise than in cash out of its retained earnings (other than a dividend for which approval of any shareholders of the Company is required) that would
require an adjustment pursuant to Section 14.4; or 
 (2) the Company shall authorize the granting to all or substantially
all of the holders of its Common Stock of rights, options or warrants to subscribe for or purchase any shares of capital stock of any class or of any other rights (other than any such grant for which approval of any shareholders of the Company is
required); or 
 (3) of any reclassification of the Common Stock of the Company (other than a subdivision or combination of its
outstanding shares of Common Stock, or of any consolidation, merger or share exchange to which the Company is a party and for which approval of any shareholders of the Company is required), or of the sale of all or substantially all of the assets of
the Company; or 
 (4) of the voluntary or involuntary dissolution, liquidation or winding up of the Company; 

then the Company shall cause to be filed with the Trustee, and shall cause to be mailed to all Holders at their last addresses as they shall appear in
the Security Register, at least 20 days (or 10 days in any case specified in clause (1) or (2) above) prior to the applicable record date hereinafter specified, a notice stating (i) the date on which a record is to be
taken for the purpose of such dividend, distribution, rights, options or warrants, or, if a record is not to be taken, the date as of which the holders of Common Stock of record to be entitled to such dividend, distribution, rights, options or
warrants are to be determined, or (ii) the date on which such reclassification, consolidation, merger, share exchange, sale, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that
holders of Common Stock of record shall be entitled to exchange their shares of Common Stock for securities, cash or other property deliverable upon such reclassification, consolidation, merger, share exchange, sale, dissolution, liquidation or
winding up. If at any time the Trustee shall not be the conversion agent, a copy of such notice shall also forthwith be filed by the Company with the Trustee. 

  
 -61-

 Section 14.6 Reservation of Shares of Common Stock. 

The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock,
for the purpose of effecting the conversion of Securities, the full number of shares of Common Stock of the Company then issuable upon the conversion of all outstanding Securities of any series that has conversion rights. 

Section 14.7 Payment of Certain Taxes upon Conversion. 
 Except as provided in the next sentence, the Company will pay any and all taxes that may be payable in respect of the issue or delivery of shares of its Common Stock on conversion of Securities pursuant
hereto. The Company shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in the issue and delivery of shares of its Common Stock in a name other than that of the Holder of the Security or Securities
to be converted, and no such issue or delivery shall be made unless and until the person requesting such issue has paid to the Company the amount of any such tax, or has established, to the satisfaction of the Company, that such tax has been paid.

 Section 14.8 Nonassessability. 
 The Company covenants that all shares of its Common Stock that may be issued upon conversion of Securities will upon issue in accordance with the terms hereof be duly and validly issued and fully paid and
nonassessable. 
 Section 14.9 Provision in Case of Consolidation, Merger or Sale of Assets. 

In case of any consolidation or merger of the Company with or into any other Person, any merger of another Person with or into the Company
(other than a merger which does not result in any reclassification, conversion, exchange or cancellation of outstanding shares of Common Stock of the Company) or any conveyance, sale, transfer or lease of all or substantially all of the assets of
the Company, the Person formed by such consolidation or resulting from such merger or which acquires such assets, as the case may be, shall execute and deliver to the Trustee a supplemental indenture providing that the Holder of each Security of a
series then Outstanding that is convertible into Common Stock of the Company shall have the right thereafter (which right shall be the exclusive conversion right thereafter available to said Holder), during the period such Security shall be
convertible, to convert such Security only into the kind and amount of securities, cash and other property receivable upon such consolidation, merger, conveyance, sale, transfer or lease by a holder of the number of shares of Common Stock of the
Company into which such Security might have been converted immediately prior to such consolidation, merger, conveyance, sale, transfer or lease, assuming such holder of Common Stock of the Company (i) is not a Person with which the Company
consolidated or merged with or into or which merged into or with the Company or to which such conveyance, sale, transfer or lease was made, as the case may be (a “Constituent Person”), or an Affiliate of a Constituent Person and
(ii) failed to exercise his rights of election, if any, as to the kind or amount of securities, cash and other property receivable upon such consolidation, merger, conveyance, sale, transfer or lease (provided that if the kind or amount of
securities, cash and other property receivable upon such consolidation, merger, conveyance, sale, transfer, or lease is not the same for each share of Common Stock of the Company held immediately prior to such 

  
 -62-

 
consolidation, merger, conveyance, sale, transfer or lease by others than a Constituent Person or an Affiliate thereof and in respect of which such rights of election shall not have been
exercised (“Non-electing Share”), then for the purpose of this Section 14.9 the kind and amount of securities, cash and other property receivable upon such consolidation, merger, conveyance, sale, transfer or lease by the holders of
each Non-electing Share shall be deemed to be the kind and amount so receivable per share by a plurality of the Non-electing Shares). Such supplemental indenture shall provide for adjustments which, for events subsequent to the effective date of
such supplemental indenture, shall be as nearly equivalent as may be practicable to the adjustments provided for in this Article or in accordance with the terms of the supplemental indenture or Board Resolutions setting forth the terms of such
adjustments. The above provisions of this Section 14.9 shall similarly apply to successive consolidations, mergers, conveyances, sales, transfers or leases. Notice of the execution of such a supplemental indenture shall be given by the Company
to the Holder of each Security of a series that is convertible into Common Stock of the Company as provided in Section 1.6 promptly upon such execution. Neither the Trustee nor any conversion agent, if any, shall be under any responsibility to
determine the correctness of any provisions contained in any such supplemental indenture relating either to the kind or amount of shares of stock or other securities or property or cash receivable by Holders of Securities of a series convertible
into Common Stock of the Company upon the conversion of their Securities after any such consolidation, merger, conveyance, transfer, sale or lease or to any such adjustment, but may accept as conclusive evidence of the correctness of any such
provisions, and shall be protected in relying upon, an Opinion of Counsel with respect thereto, which the Company shall cause to be furnished to the Trustee upon request. 
 Section 14.10 Duties of Trustee Regarding Conversion. 
 Neither the
Trustee nor any conversion agent shall at any time be under any duty or responsibility to any Holder of Securities of any series that is convertible into Common Stock of the Company to determine whether any facts exist which may require any
adjustment of the conversion price or conversion rate, as the case may be, or with respect to the nature or extent of any such adjustment when made, or with respect to the method employed, whether herein or in any supplemental indenture, any
resolutions of the Board of Directors or written instrument executed by one or more officers of the Company provided to be employed in making the same. Neither the Trustee nor any conversion agent shall be accountable with respect to the validity or
value (or the kind or amount) of any shares of Common Stock of the Company, or of any securities or property, which may at any time be issued or delivered upon the conversion of any Securities and neither the Trustee nor any conversion agent makes
any representation with respect thereto. Subject to the provisions of Section 6.1, neither the Trustee nor any conversion agent shall be responsible for any failure of the Company to issue, transfer or deliver any shares of its Common Stock or
stock certificates or other securities or property upon the surrender of any Security for the purpose of conversion or to comply with any of the covenants of the Company contained in this Article 14 or in the applicable supplemental indenture,
resolutions of the Board of Directors or written instrument executed by one or more duly authorized officers of the Company. 

Section 14.11 Repayment of Certain Funds upon Conversion. 
 Any funds which at any time shall have been deposited by the Company or on its behalf with the Trustee or any other paying agent for the purpose of paying the principal of, and premium, if any, and
interest, if any, on any of the Securities (including, but not limited to, funds deposited for the sinking fund referred to in Article 12 hereof and funds deposited pursuant to Article 13 hereof) and which shall not be required for such
purposes because of the conversion of such Securities as provided in this Article 14 shall after such conversion be repaid to the Company by the Trustee upon the Company’s written request. 

  
 -63-

 ARTICLE 15 
 CONCERNING THE SECURITYHOLDERS 
 Section 15.1 Evidence of Action of
Holders. 
 Whenever in this Indenture it is provided that the Holders of a specified percentage or a majority in aggregate
principal amount of the Securities or of any series of Securities may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking
any such action the Holders of such specified percentage or majority have joined therein may be evidenced by (a) any instrument or any number of instruments of similar tenor executed by Holders in person, by an agent or by a proxy appointed in
writing, including through an electronic system for tabulating consents operated by the Depositary for such series or otherwise (such action becoming effective, except as herein otherwise expressly provided, when such instruments or evidence of
electronic consents are delivered to the Trustee and, where it is hereby expressly required, to the Corporation), or (b) by the record of the Holders of Securities voting in favor thereof at any meeting of securityholders duly called and held
in accordance with the provisions of Article 15, or (c) by a combination of such instrument or instruments and any such record of such a meeting of securityholders. 
 Section 15.2 Proof of Execution or Holding of Securities. 
 Proof
of the execution of any instrument by a Holder or his, her or its agent or proxy and proof of the holding by any Person of any of the Securities shall be sufficient if made in the following manner: 

(a) The fact and date of the execution by any Person of any such instrument may be proved (i) by the certificate of any notary
public or other officer in any jurisdiction who, by the laws thereof, has power to take acknowledgments or proof of deeds to be recorded within such jurisdiction, that the Person who signed such instrument did acknowledge before such notary public
or other officer the execution thereof, or (ii) by the affidavit of a witness of such execution sworn to before any such notary or other officer. Where such execution is by a Person acting in other than his or her individual capacity, such
certificate or affidavit shall also constitute sufficient proof of his or her authority. 
 (b) The ownership of securities
of any series shall be proved by the Securities Registrar of such series or by a certificate of the Securities Registrar for such series. 
 (c) The record of any Holders’ meeting shall be proved in the manner provided in Section 16.6. 
 (d) The Trustee may require such additional proof of any matter referred to in this Section 15.2 as it shall deem appropriate or necessary, so long as the request is a reasonable one.

 (e) If the Company shall solicit from the Holders of Securities of any series any action, the Company may, at its option
fix in advance a record date for the determination of Holders of Securities entitled to take such action, but the Company shall have no obligation to do so. Any such record date shall be fixed at the Company’s discretion. If such a record date
is fixed, such action may be sought or given before or after the record date, but only the Holders of Securities of record at the close of business on such record date shall be deemed to be Holders of Securities for the purpose of determining
whether Holders of the requisite proportion of outstanding Securities of such series have authorized or agreed or consented to such action, and for that purpose the outstanding Securities of such series shall be computed as of such record date.

  
 -64-

 Section 15.3 Persons Deemed Owners. 

(a) The Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name any Security is
registered as the owner of such Security for the purpose of receiving payment of principal of and interest, if any, on, such Security and for all other purposes whatsoever, whether or not such Security be overdue, and neither the Company, the
Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary. All payments made to any Holder, or upon his, her or its order, shall be valid, and, to the extent of the sum or sums paid, effectual to satisfy and
discharge the liability for moneys payable upon such Security. 
 (b) None of the Company, the Trustee, any paying agent or
the Securities Registrar will have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests in a Global Security or for maintaining, supervising or reviewing any records
relating to such beneficial ownership interests. 
 Section 15.4 Effect of Consents. 

After an amendment, supplement, waiver or other action becomes effective as to any series of Securities, a consent to it by a Holder of
such series of Securities is a continuing consent conclusive and binding upon such Holder and every subsequent Holder of the same Securities or portion thereof, and of any Security issued upon the transfer thereof or in exchange therefor or in place
thereof, even if notation of the consent is not made on any such Security. An amendment, supplement or waiver becomes effective in accordance with its terms and thereafter binds every Holder. 

ARTICLE 16 

SECURITYHOLDERS’ MEETINGS 
 Section 16.1 Purposes of Meetings. 
 A meeting of Holders
of any or all series may be called at any time and from time to time pursuant to the provisions of this Article 16 for any of the following purposes: 
 (a) to give any notice to the Company or to the Trustee, or to give any directions to the Trustee, or to consent to the waiving of any Default or Event of Default hereunder and its consequences, or
to take any other action authorized to be taken by Holders pursuant to any of the provisions of Article 15; 
 (b) to
remove the Trustee and nominate a successor trustee pursuant to the provisions of Article 6; 
 (c) to consent to the
execution of an Indenture or of indentures supplemental hereto pursuant to the provisions of Section 9.2; or 

(d) to take any other action authorized to be taken by or on behalf of the Holders of any specified aggregate principal amount of
the Securities of any one or more or all series, as the case may be, under any other provision of this Indenture or under applicable law. 

  
 -65-

 Section 16.2 Call of Meetings by Trustee. 

The Trustee may at any time call a meeting of all Holders of all series that may be affected by the action proposed to be taken, to take
any action specified in Section 16.1, to be held at such time and at such place as the Trustee shall determine. Notice of every meeting of the Holders of a series, setting forth the time and the place of such meeting and in general terms the
action proposed to be taken at such meeting, shall be mailed to Holders of Securities of such series at their addresses as they shall appear on the Securities Registrar of the Company. Such notice shall be mailed not less than 20 nor more than 90
days prior to the date fixed for the meeting. 
 Section 16.3 Call of Meetings by Company or Holders. 

In case at any time the Company or the Holders of at least 25% in aggregate principal amount of the Securities of a series (or of all
series, as the case may be) then outstanding that may be affected by the action proposed to be taken, shall have requested the Trustee to call a meeting of Holders of such series (or of all series), by written request setting forth in reasonable
detail the action proposed to be taken at the meeting, and the Trustee shall not have mailed the notice of such meeting within 20 days after receipt of such request, then the Company or such Holders may determine the time and the place for such
meeting and may call such meeting to take any action authorized in Section 16.1, by mailing notice thereof as provided in Section 16.2. 
 Section 16.4 Qualifications for Voting. 
 To be entitled to vote
at any meeting of Holders, a Person shall (a) be a Holder of one or more Securities affected by the action proposed to be taken at the meeting or (b) be a Person appointed by an instrument in writing as proxy by a Holder of one or more
such Securities. The only Persons who shall be entitled to be present or to speak at any meeting of Holders shall be the Persons entitled to vote at such meeting and their counsel and any representatives of the Trustee and its counsel and any
representatives of the Company and its counsel. 
 Section 16.5 Regulation of Meetings. 

(a) Notwithstanding any other provisions of this Indenture, the Trustee may make such reasonable regulations as it may deem advisable
for any meeting of Holders, in regard to proof of the holding of Securities and of the appointment of proxies, and in regard to the appointment and duties of inspectors of votes, the submission and examination of proxies, certificates and other
evidence of the right to vote, and such other matters concerning the conduct of the meeting as it shall deem fit. 

(b) The Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been
called by the Company or by Holders as provided in Section 16.3, in which case the Company or the Holders calling the meeting, as the case may be, shall in like manner appoint a temporary chair. A permanent chairman and a permanent secretary of
the meeting shall be elected by majority vote of the meeting. 
 (c) At any meeting of Holders of a series, each Holder of
such series of such Holder’s proxy shall be entitled to one vote for each $1,000 principal amount of Securities of such series outstanding held or represented by him; provided, however, that no vote shall be cast or counted at any meeting in
respect of any Security challenged as not outstanding and ruled by the chairman of the meeting to be not outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities of such series held by him or her or
instruments in writing as aforesaid duly designating him or her as the Person to vote on behalf of other Holders. At any meeting of the Holders duly called pursuant to the provisions of Section 16.2 or 16.3 the presence of Persons holding or
representing Securities in an aggregate principal amount sufficient to take action upon the business for the transaction of which such meeting was called shall be necessary to constitute a quorum, and any such meeting may be adjourned from time to
time by a majority of those present, whether or not constituting a quorum, and the meeting may be held as so adjourned without further notice. 

  
 -66-

 Section 16.6 Voting. 

The vote upon any resolution submitted to any meeting of Holders of a series shall be by written ballots on which shall be subscribed the
signatures of the Holders of Securities of such series or of their representatives by proxy and the principal amounts of the Securities of such series held or represented by them. The permanent chairman of the meeting shall appoint two inspectors of
votes who shall count all votes cast at the meeting for or against any resolution and who shall make and file with the secretary of the meeting their verified written reports in duplicate of all votes cast at the meeting. A record in duplicate of
the proceedings of each meeting of Holders shall be prepared by the secretary of the meeting and there shall be attached to said record the original reports of the inspectors of votes on any vote by ballot taken thereat and affidavits by one or more
Persons having knowledge of the facts setting forth a copy of the notice of the meeting and showing that said notice was mailed as provided in Section 16.2. The record shall show the principal amounts of the Securities voting in favor of or
against any resolution. The record shall be signed and verified by the affidavits of the permanent chairman and secretary of the meeting and one of the duplicates shall be delivered to the Company and the other to the Trustee to be preserved by the
Trustee. 
 Any record so signed and verified shall be conclusive evidence of the matters therein stated. 

Section 16.7 No Delay of Rights by Meeting. 
 Nothing contained in this Article 16 shall be deemed or construed to authorize or permit, by reason of any call of a meeting of Holders of any series or any rights expressly or impliedly conferred
hereunder to make such call, any hindrance or delay in the exercise of any right or rights conferred upon or reserved to the Trustee or to the Holders of such series under any of the provisions of this Indenture or of the Securities of such series.

 [Remainder of page intentionally left blank] 

  
 -67-

 IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed
as of the day and year first above written. 
  

			
	Identive Group, Inc.
		
	 By:
	 	  

	 Title:
	 	  

	
	
                        
    ,

	 as Trustee

		
	 By:
	 	  

	 Title:Amended and Restated Credit Agreement - CONSOL Energy Inc.

 Exhibit 10.1 
 EXECUTION VERSION 
  
  

 
 $1,500,000,000 REVOLVING
CREDIT FACILITY 
 AMENDED AND RESTATED 
 CREDIT AGREEMENT 
 by and among 

CONSOL ENERGY INC. 
 and 
 THE GUARANTORS PARTY HERETO FROM TIME TO TIME 

and 

THE LENDERS PARTY HERETO 
 and 
 PNC BANK, NATIONAL ASSOCIATION, 

as the Administrative Agent 
 and 
 BANK OF AMERICA, N.A., 

as the Syndication Agent 
 and 
 THE BANK OF NOVA SCOTIA 

THE ROYAL BANK OF SCOTLAND PLC, and 
 SOVEREIGN BANK, 
 as the Co-Documentation Agents 

and 

PNC CAPITAL MARKETS LLC and 
 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 
 as Joint
Lead Arrangers 
 Dated as of April 12, 2011 

 
  

 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 1.      CERTAIN DEFINITIONS
	  			
		
	 1.1    CERTAIN DEFINITIONS
	  	 	1	  
	 1.2    CONSTRUCTION
	  	 	36	  
	 1.3    ACCOUNTING PRINCIPLES
	  	 	37	  
	 1.4    VALUATIONS
	  	 	37	  
		
	 2.      REVOLVING CREDIT AND SWING LOAN FACILITIES
	  			
		
	 2.1    REVOLVING CREDIT COMMITMENTS
	  	 	38	  
	 2.1.1      REVOLVING CREDIT LOANS
	  	 	38	  
	 2.1.2      SWING LOAN COMMITMENT
	  	 	38	  
	 2.2     NATURE OF LENDERS’ OBLIGATIONS WITH RESPECT TO REVOLVING CREDIT LOANS
	  	 	38	  
	 2.3    COMMITMENT FEES
	  	 	39	  
	 2.4    VOLUNTARY COMMITMENT REDUCTION
	  	 	39	  
	 2.5    REVOLVING CREDIT LOAN REQUESTS; SWING LOAN REQUESTS
	  	 	39	  
	 2.5.1      REVOLVING CREDIT LOAN REQUESTS
	  	 	40	  
	 2.5.2      SWING LOAN REQUESTS
	  	 	40	  
	 2.6    MAKING REVOLVING CREDIT LOANS AND SWING LOANS; PRESUMPTIONS BY THE

            ADMINISTRATIVEAGENT; REPAYMENT OF
LOANS
	  	 	40	  
	 2.6.1      MAKING REVOLVING CREDIT LOANS
	  	 	40	  
	 2.6.2      PRESUMPTIONS BY THE ADMINISTRATIVE AGENT
	  	 	41	  
	 2.6.3      MAKING SWING LOANS
	  	 	41	  
	 2.6.4      REPAYMENT OF LOANS
	  	 	41	  
	 2.7    NOTES
	  	 	41	  
	 2.8    USE OF PROCEEDS
	  	 	42	  
	 2.9    LETTER OF CREDIT SUBFACILITY
	  	 	42	  
	 2.9.1      ISSUANCE OF LETTERS OF CREDIT
	  	 	42	  
	 2.9.2      LETTER OF CREDIT FEES
	  	 	43	  
	 2.9.3      PARTICIPATIONS, DISBURSEMENTS, REIMBURSEMENT
	  	 	44	  
	 2.9.4      REPAYMENT OF PARTICIPATION ADVANCES
	  	 	46	  
	 2.9.5      DOCUMENTATION
	  	 	46	  
	 2.9.6      DETERMINATIONS TO HONOR DRAWING REQUESTS
	  	 	46	  
	 2.9.7      NATURE OF PARTICIPATION AND REIMBURSEMENT OBLIGATIONS
	  	 	46	  
	 2.9.8      INDEMNITY
	  	 	48	  
	 2.9.9      LIABILITY FOR ACTS AND OMISSIONS
	  	 	49	  
	 2.9.10    CASH COLLATERAL PRIOR TO THE EXPIRATION DATE
	  	 	50	  

  
 -i-

					
	 	  	Page	 
	 2.10    BORROWINGS TO REPAY SWING LOANS
	  	 	50	  
	 2.11    INCREASE IN REVOLVING CREDIT COMMITMENTS
	  	 	51	  
		
	 3.      RESERVED
	  			
		
	 4.      INTEREST RATES
	  			
		
	 4.1     INTEREST RATE OPTIONS
	  	 	53	  
	 4.1.1      REVOLVING CREDIT INTEREST RATE OPTIONS; SWING LINE INTEREST RATE
	  	 	54	  
	 4.1.2      RATE QUOTATIONS
	  	 	54	  
	 4.2      INTEREST PERIODS
	  	 	54	  
	 4.2.1      AMOUNT OF BORROWING TRANCHE
	  	 	54	  
	 4.2.2      RENEWALS
	  	 	54	  
	 4.3     INTEREST AFTER DEFAULT
	  	 	54	  
	 4.3.1      LETTER OF CREDIT FEES, INTEREST RATE
	  	 	55	  
	 4.3.2      OTHER OBLIGATIONS
	  	 	55	  
	 4.3.3      ACKNOWLEDGMENT
	  	 	55	  
	 4.4     LIBOR RATE UNASCERTAINABLE; ILLEGALITY; INCREASED COSTS; DEPOSITS NOT AVAILABLE
	  	 	55	  
	 4.4.1      UNASCERTAINABLE
	  	 	55	  
	 4.4.2      ILLEGALITY; INCREASED COSTS; DEPOSITS NOT AVAILABLE
	  	 	55	  
	 4.4.3      ADMINISTRATIVE AGENT’S AND LENDER’S RIGHTS
	  	 	56	  
	 4.5     SELECTION OF INTEREST RATE OPTIONS
	  	 	56	  
		
	 5.      PAYMENTS
	  			
		
	 5.1    PAYMENTS
	  	 	57	  
	 5.2    PRO RATA TREATMENT OF LENDERS
	  	 	57	  
	 5.3    SHARING OF PAYMENTS BY LENDERS
	  	 	57	  
	 5.4    PRESUMPTIONS BY ADMINISTRATIVE AGENT
	  	 	59	  
	 5.5    INTEREST PAYMENT DATES
	  	 	59	  
	 5.6    VOLUNTARY PREPAYMENTS
	  	 	59	  
	 5.6.1      RIGHT TO PREPAY
	  	 	59	  
	 5.6.2      REPLACEMENT OF A LENDER
	  	 	60	  
	 5.7    MITIGATION OBLIGATION
	  	 	61	  
	 5.8    INCREASED COSTS
	  	 	61	  
	 5.8.1      INCREASED COSTS GENERALLY
	  	 	61	  
	 5.8.2      CAPITAL REQUIREMENTS
	  	 	62	  
	 5.8.3      CERTIFICATES FOR REIMBURSEMENT; REPAYMENT OF
OUTSTANDING LOANS;

                  
BORROWING OF NEW LOANS
	  	 	62	  
	 5.8.4      DELAY IN REQUESTS
	  	 	63	  
	 5.9     TAXES
	  	 	63	  
	 5.9.1      PAYMENTS FREE OF TAXES
	  	 	63	  
	 5.9.2      PAYMENT OF OTHER TAXES BY THE BORROWER
	  	 	63	  
	 5.9.3      INDEMNIFICATION BY THE BORROWER
	  	 	63	  

  
 -ii-

					
	 	  	Page	 
	 5.9.4      EVIDENCE OF PAYMENTS
	  	 	64	  
	 5.9.5      STATUS OF LENDERS; REFUNDS
	  	 	64	  
	 5.10    INDEMNITY
	  	 	65	  
	 5.11    SETTLEMENT DATE PROCEDURES
	  	 	66	  
		
	 6.      REPRESENTATIONS AND WARRANTIES
	  			
		
	 6.1     REPRESENTATIONS AND WARRANTIES
	  	 	67	  
	 6.1.1      ORGANIZATION AND QUALIFICATION
	  	 	67	  
	 6.1.2      SUBSIDIARIES
	  	 	67	  
	 6.1.3      POWER AND AUTHORITY
	  	 	67	  
	 6.1.4      VALIDITY AND BINDING EFFECT
	  	 	68	  
	 6.1.5      NO CONFLICT
	  	 	68	  
	 6.1.6      LITIGATION
	  	 	68	  
	 6.1.7      FINANCIAL STATEMENTS
	  	 	68	  
	 6.1.8      USE OF PROCEEDS; MARGIN STOCK
	  	 	69	  
	 6.1.9      FULL DISCLOSURE
	  	 	69	  
	 6.1.10    TAXES
	  	 	70	  
	 6.1.11    CONSENTS AND APPROVALS
	  	 	70	  
	 6.1.12    NO EVENT OF DEFAULT; COMPLIANCE WITH INSTRUMENTS
	  	 	70	  
	 6.1.13    INSURANCE
	  	 	70	  
	 6.1.14    COMPLIANCE WITH LAWS
	  	 	71	  
	 6.1.15    MATERIAL CONTRACTS; BURDENSOME RESTRICTIONS
	  	 	71	  
	 6.1.16    INVESTMENT COMPANIES; REGULATED ENTITIES
	  	 	71	  
	 6.1.17    ERISA COMPLIANCE
	  	 	71	  
	 6.1.18    EMPLOYMENT MATTERS; COAL ACT; BLACK LUNG ACT
	  	 	72	  
	 6.1.19    ENVIRONMENTAL MATTERS
	  	 	72	  
	 6.1.20    ANTI-TERRORISM LAWS
	  	 	73	  
	 6.1.21    PATENTS, TRADEMARKS, COPYRIGHTS, LICENSES, ETC.
	  	 	74	  
	 6.1.22    SECURITY INTERESTS
	  	 	74	  
	 6.1.23    MORTGAGE LIENS
	  	 	75	  
	 6.1.24    STATUS OF THE PLEDGED COLLATERAL
	  	 	75	  
	 6.1.25    SOLVENCY
	  	 	75	  
	 6.1.26    PERMIT BLOCKAGE
	  	 	75	  
	 6.1.27    BONDING CAPACITY
	  	 	75	  
	 6.2     UPDATES TO SCHEDULES
	  	 	76	  
		
	 7.      CONDITIONS
	  			
		
	 7.1     CONDITIONS TO AMENDMENT AND RESTATEMENT
	  	 	76	  
	 7.1.1      OFFICER’S CERTIFICATE
	  	 	76	  
	 7.1.2      SECRETARY’S CERTIFICATE
	  	 	77	  
	 7.1.3      DELIVERY OF LOAN DOCUMENTS
	  	 	77	  
	 7.1.4      OPINION OF COUNSEL
	  	 	77	  
	 7.1.5      LEGAL DETAILS
	  	 	78	  

  
 -iii-

					
	 	  	Page	 
	 7.1.6      PAYMENT OF FEES
	  	 	78	  
	 7.1.7      OFFICER’S CERTIFICATE REGARDING MACS
	  	 	78	  
	 7.1.8      NO VIOLATION OF LAWS
	  	 	78	  
	 7.1.9      NO ACTIONS OR PROCEEDINGS
	  	 	79	  
	 7.1.10    SCHEDULES
	  	 	79	  
	 7.1.11    FINANCIAL STATEMENTS AND FINANCIAL PROJECTIONS
	  	 	79	  
	 7.1.12    ERISA; OTHER DUE DILIGENCE
	  	 	79	  
	 7.1.13    REPAYMENTS
	  	 	79	  
	 7.1.14    COLLATERAL MATTERS
	  	 	80	  
	 7.2     EACH ADDITIONAL LOAN OR LETTER OF CREDIT
	  	 	81	  
		
	 8.      COVENANTS
	  			
		
	 8.1     AFFIRMATIVE COVENANTS
	  	 	81	  
	 8.1.1      PRESERVATION OF EXISTENCE, ETC.
	  	 	82	  
	 8.1.2      PAYMENT OF LIABILITIES, INCLUDING TAXES, ETC.
	  	 	82	  
	 8.1.3      MAINTENANCE OF INSURANCE
	  	 	82	  
	 8.1.4      MAINTENANCE OF PROPERTIES AND LEASES
	  	 	83	  
	 8.1.5      VISITATION RIGHTS; FIELD EXAMINATIONS
	  	 	83	  
	 8.1.6      KEEPING OF RECORDS AND BOOKS OF ACCOUNT
	  	 	84	  
	 8.1.7      COMPLIANCE WITH LAWS
	  	 	84	  
	 8.1.8      USE OF PROCEEDS
	  	 	84	  
	 8.1.9      FURTHER ASSURANCES
	  	 	84	  
	 8.1.10    SUBORDINATION OF INTERCOMPANY LOANS
	  	 	84	  
	 8.1.11    [RESERVED]
	  	 	85	  
	 8.1.12    ANTI-TERRORISM LAWS
	  	 	85	  
	 8.1.13    MAINTENANCE OF COAL SUPPLY AGREEMENTS AND MATERIAL CONTRACTS
	  	 	85	  
	 8.1.14    COLLATERAL
	  	 	85	  
	 8.1.15    MAINTENANCE OF PERMITS
	  	 	86	  
	 8.1.16    POST-CLOSING MATTERS
	  	 	86	  
	 8.2     NEGATIVE COVENANTS
	  	 	86	  
	 8.2.1      INDEBTEDNESS
	  	 	86	  
	 8.2.2      LIENS
	  	 	87	  
	 8.2.3      GUARANTIES
	  	 	87	  
	 8.2.4      LOANS AND INVESTMENTS
	  	 	88	  
	 8.2.5      DIVIDENDS AND RELATED DISTRIBUTIONS
	  	 	90	  
	 8.2.6      LIQUIDATIONS, MERGERS, CONSOLIDATIONS, ACQUISITIONS
	  	 	91	  
	 8.2.7      DISPOSITIONS OF ASSETS OR SUBSIDIARIES
	  	 	92	  
	 8.2.8      AFFILIATE TRANSACTIONS
	  	 	94	  
	 8.2.9      SUBSIDIARIES, PARTNERSHIPS AND JOINT VENTURES
	  	 	94	  
	 8.2.10    CONTINUATION OF OR CHANGE IN BUSINESS
	  	 	95	  
	 8.2.11    FISCAL YEAR
	  	 	95	  
	 8.2.12    ISSUANCE OF STOCK
	  	 	95	  

  
 -iv-

					
	 	  	Page	 
	 8.2.13    CHANGES IN ORGANIZATIONAL DOCUMENTS; AMENDMENTS TO
RECEIVABLES

                  
PURCHASE AGREEMENT
	  	 	95	  
	 8.2.14     CERTAIN MATTERS REGARDING CERTAIN OTHER INDEBTEDNESS
	  	 	96	  
	 8.2.15    MAXIMUM LEVERAGE RATIO
	  	 	96	  
	 8.2.16    MINIMUM INTEREST COVERAGE RATIO
	  	 	96	  
	 8.2.17    MAXIMUM SENIOR SECURED LEVERAGE RATIO
	  	 	96	  
	 8.2.18    INCONSISTENT AGREEMENTS
	  	 	97	  
	 8.2.19    RESTRICTIONS ON UPSTREAM DIVIDENDS AND PAYMENTS
	  	 	97	  
	 8.2.20    CERTAIN MATTERS REGARDING THE COLLATERAL TRUST AGREEMENT
	  	 	97	  
	 8.3     REPORTING REQUIREMENTS
	  	 	97	  
	 8.3.1      QUARTERLY FINANCIAL STATEMENTS
	  	 	97	  
	 8.3.2      ANNUAL FINANCIAL STATEMENTS
	  	 	98	  
	 8.3.3      SEC WEB SITE
	  	 	98	  
	 8.3.4      CERTIFICATE OF THE BORROWER
	  	 	98	  
	 8.3.5      [RESERVED.]
	  	 	99	  
	 8.3.6      NOTICES
	  	 	99	  
	 8.3.7      CERTAIN EVENTS
	  	 	99	  
	 8.3.8      OTHER REPORTS AND INFORMATION
	  	 	99	  
		
	 9.      DEFAULT
	  			
		
	 9.1     EVENTS OF DEFAULT
	  	 	100	  
	 9.1.1       PAYMENTS UNDER LOAN DOCUMENTS
	  	 	100	  
	 9.1.2       BREACH OF WARRANTY
	  	 	100	  
	 9.1.3       BREACH OF NEGATIVE COVENANTS OR VISITATION RIGHTS
	  	 	100	  
	 9.1.4       BREACH OF OTHER COVENANTS
	  	 	100	  
	 9.1.5       DEFAULTS IN OTHER AGREEMENTS OR INDEBTEDNESS
	  	 	101	  
	 9.1.6       FINAL JUDGMENTS OR ORDERS
	  	 	101	  
	 9.1.7       LOAN DOCUMENT UNENFORCEABLE; COLLATERAL TRUST
AGREEMENT

                  
UNENFORCEABLE
	  	 	101	  
	 9.1.8       INABILITY TO PAY DEBTS; ATTACHMENT
	  	 	101	  
	 9.1.9       ERISA
	  	 	102	  
	 9.1.10     CHANGE OF CONTROL
	  	 	102	  
	 9.1.11    INVOLUNTARY PROCEEDINGS
	  	 	102	  
	 9.1.12    VOLUNTARY PROCEEDINGS
	  	 	102	  
	 9.2     CONSEQUENCES OF EVENT OF DEFAULT
	  	 	102	  
	 9.2.1       EVENTS OF DEFAULT OTHER THAN BANKRUPTCY, INSOLVENCY OR
REORGANIZATION

                  
PROCEEDINGS
	  	 	102	  
	 9.2.2       BANKRUPTCY, INSOLVENCY OR REORGANIZATION PROCEEDINGS
	  	 	103	  
	 9.2.3       SET-OFF
	  	 	103	  

  
 -v-

					
	 	  	Page	 
	 9.2.4       SUITS, ACTIONS, PROCEEDINGS
	  	 	104	  
	 9.2.5       APPLICATION OF PROCEEDS; COLLATERAL TRUST AGREEMENT
	  	 	104	  
	 9.2.6       OTHER RIGHTS AND REMEDIES
	  	 	105	  
	 9.3    NOTICE OF SALE
	  	 	106	  
		
	 10.    THE ADMINISTRATIVE AGENT
	  			
		
	 10.1      APPOINTMENT AND AUTHORITY
	  	 	106	  
	 10.2      RIGHTS AS A LENDER
	  	 	106	  
	 10.3      EXCULPATORY PROVISIONS
	  	 	107	  
	 10.4      RELIANCE BY AGENTS
	  	 	108	  
	 10.5      DELEGATION OF DUTIES
	  	 	108	  
	 10.6      RESIGNATION OF AGENTS
	  	 	108	  
	 10.7      NON-RELIANCE ON ADMINISTRATIVE AGENT AND OTHER LENDERS
	  	 	110	  
	 10.8      NO OTHER DUTIES, ETC.
	  	 	110	  
	 10.9      ADMINISTRATIVE AGENT’S FEE
	  	 	110	  
	 10.10    AUTHORIZATION TO RELEASE COLLATERAL AND GUARANTORS; CERTAIN AMENDMENTS
	  	 	110	  
	 10.11    NO RELIANCE ON ADMINISTRATIVE AGENT’S CUSTOMER IDENTIFICATION PROGRAM
	  	 	111	  
	 10.12    CERTAIN MATTERS REGARDING THE COLLATERAL TRUST AGREEMENT
	  	 	111	  
		
	 11.    MISCELLANEOUS
	  			
		
	 11.1   MODIFICATIONS, AMENDMENTS OR WAIVERS
	  	 	112	  
	 11.1.1      INCREASE OF COMMITMENT
	  	 	112	  
	 11.1.2      EXTENSION OF PAYMENT; REDUCTION OF PRINCIPAL INTEREST
OR FEES;

                   
 MODIFICATION OF TERMS OF PAYMENT
	  	 	112	  
	 11.1.3      RELEASE OF GUARANTOR
	  	 	112	  
	 11.1.4      RELEASE OF COLLATERAL
	  	 	113	  
	 11.1.5      MISCELLANEOUS
	  	 	113	  
	 11.2   NO IMPLIED WAIVERS; CUMULATIVE REMEDIES
	  	 	113	  
	 11.3   EXPENSES; INDEMNITY; DAMAGE WAIVER
	  	 	114	  
	 11.3.1      COSTS AND EXPENSES
	  	 	114	  
	 11.3.2      INDEMNIFICATION BY THE BORROWER
	  	 	114	  
	 11.3.3      REIMBURSEMENT BY LENDERS
	  	 	115	  
	 11.3.4      WAIVER OF CONSEQUENTIAL DAMAGES, ETC.
	  	 	115	  
	 11.3.5      PAYMENTS
	  	 	116	  
	 11.4   HOLIDAYS
	  	 	116	  
	 11.5   NOTICES; EFFECTIVENESS; ELECTRONIC COMMUNICATION
	  	 	116	  
	 11.5.1      NOTICES GENERALLY
	  	 	116	  
	 11.5.2      ELECTRONIC COMMUNICATIONS
	  	 	116	  

  
 -vi-

					
	 	  	Page	 
	 11.5.3    CHANGE OF ADDRESS, ETC.
	  	 	117	  
	 11.6   SEVERABILITY
	  	 	117	  
	 11.7   DURATION; SURVIVAL
	  	 	117	  
	 11.8   SUCCESSORS AND ASSIGNS
	  	 	117	  
	 11.8.1    SUCCESSORS AND ASSIGNS GENERALLY
	  	 	117	  
	 11.8.2    ASSIGNMENTS BY LENDERS
	  	 	118	  
	 11.8.3    REGISTER
	  	 	119	  
	 11.8.4    PARTICIPATIONS
	  	 	120	  
	 11.8.5    LIMITATIONS UPON PARTICIPANT RIGHTS
	  	 	120	  
	 11.8.6    CERTAIN PLEDGES; SUCCESSORS AND ASSIGNS GENERALLY
	  	 	121	  
	 11.9   CONFIDENTIALITY
	  	 	121	  
	 11.9.1    GENERAL
	  	 	121	  
	 11.9.2    SHARING INFORMATION WITH AFFILIATES OF THE LENDERS
	  	 	121	  
	 11.10   COUNTERPARTS; INTEGRATION; EFFECTIVENESS
	  	 	121	  
	 11.11   GOVERNING LAW, ETC.
	  	 	122	  
	 11.11.1    GOVERNING LAW
	  	 	122	  
	 11.11.2    SUBMISSION TO JURISDICTION
	  	 	122	  
	 11.11.3    WAIVER OF VENUE
	  	 	123	  
	 11.11.4    SERVICE OF PROCESS
	  	 	123	  
	 1 1.11.5    WAIVER OF JURY TRIAL
	  	 	123	  
	 11.12   CERTAIN OTHER COLLATERAL MATTERS
	  	 	123	  
	 11.13   USA PATRIOT ACT NOTICE
	  	 	124	  
	 11.14   AMENDMENT AND RESTATEMENT
	  	 	124	  
	 11.15   NO FIDUCIARY DUTY
	  	 	125	  

  
 -vii-

 LIST OF SCHEDULES AND EXHIBITS 

SCHEDULES 
  

					
	SCHEDULE 1.1(A)	  	-	  	PRICING GRID
	SCHEDULE 1.1(B)	  	-	  	COMMITMENTS OF LENDERS AND ADDRESSES FOR NOTICES
	SCHEDULE 1.1(P)	  	-	  	PERMITTED LIENS
	SCHEDULE 1.1(R)	  	-	  	REAL PROPERTY
	SCHEDULE 2.9	  	-	  	EXISTING LETTERS OF CREDIT
	SCHEDULE 6.1.1	  	-	  	QUALIFICATIONS TO DO BUSINESS
	SCHEDULE 6.1.2	  	-	  	SUBSIDIARIES
	SCHEDULE 6.1.13	  	-	  	INSURANCE POLICIES
	SCHEDULE 6.1.24	  	-	  	STATUS OF PLEDGED COLLATERAL
	SCHEDULE 7.1.14.1	  	-	  	AMENDMENTS AND ASSIGNMENTS OF SECURITY DOCUMENTS
	SCHEDULE 7.1.14.2	  	-	  	LIEN SEARCHES
	SCHEDULE 8.1.14	  	-	  	ASSETS EXCLUDED FROM LIENS
	SCHEDULE 8.1.16	  	-	  	POST-CLOSING MATTERS
	SCHEDULE 8.2.1	  	-	  	PERMITTED INDEBTEDNESS
	SCHEDULE 8.2.3	  	-	  	PERMITTED GUARANTIES
			
	EXHIBITS	  		  	
			
	EXHIBIT 1.1(A)	  	-	  	ASSIGNMENT AND ASSUMPTION AGREEMENT
	EXHIBIT 1.1(B)	  	-	  	NEW LENDER JOINDER
	EXHIBIT 1.1(G)(1)	  	-	  	GUARANTOR JOINDER
	EXHIBIT 1.1(G)(2)	  	-	  	CNX GAS GUARANTY AGREEMENT
	EXHIBIT 1.1(I)(1)	  	-	  	INDEMNITY
	EXHIBIT 1.1(I)(2)	  	-	  	CNX GAS INTERCOMPANY SUBORDINATION AGREEMENT
	EXHIBIT 1.1(I)(3)	  	-	  	INTERCOMPANY SUBORDINATION AGREEMENT
	EXHIBIT 1.1(M)	  	-	  	MORTGAGE
	EXHIBIT 1.1(N)	  	-	  	SWING LOAN NOTE
	EXHIBIT 1.1(R)	  	-	  	REVOLVING CREDIT NOTE
	EXHIBIT 2.5.1	  	-	  	LOAN REQUEST
	EXHIBIT 2.5.2	  	-	  	SWING LOAN REQUEST
	EXHIBIT 7.1.4(A)	  	-	  	OPINION OF COUNSEL
	EXHIBIT 7.1.4(B)	  	-	  	OPINION OF REED SMITH LLP
	EXHIBIT 7.1.4(C)	  	-	  	OPINION OF LOCAL COUNSEL
	EXHIBIT 8.2.6	  	-	  	ACQUISITION COMPLIANCE CERTIFICATE
	EXHIBIT 8.3.4	  	-	  	QUARTERLY COMPLIANCE CERTIFICATE

  
 -viii-

 AMENDED AND RESTATED CREDIT AGREEMENT 

THIS AMENDED AND RESTATED CREDIT AGREEMENT is dated as of April 12, 2011 and is made by and among CONSOL ENERGY INC., a
Delaware corporation (the “Borrower”), EACH OF THE GUARANTORS (as hereinafter defined), the LENDERS (as hereinafter defined), BANK OF AMERICA, N.A., in its capacity as syndication agent (the “Syndication
Agent”), and PNC BANK, NATIONAL ASSOCIATION, in its capacity as administrative agent for the Lenders under this Agreement (the “Administrative Agent”). 

WITNESSETH: 
 WHEREAS, the Borrower, the Guarantors, the lenders party thereto, Bank of America, N.A., as syndication agent, and PNC Bank, National Association, as administrative agent for the Lenders, entered into
that certain Amended and Restated Credit Agreement, dated as of May 7, 2010 (the “2010 Credit Agreement”), providing for a $1,500,000,000 revolving credit facility to the Borrower; and 

WHEREAS, the Borrower has requested the Lenders amend and restate the 2010 Credit Agreement as set forth herein; and 

WHEREAS, the Lenders agree to amend and restate the 2010 Credit Agreement subject to the terms and conditions in this Agreement; and

 WHEREAS, the liens, security interests and guaranties securing and supporting the 2010 Credit Agreement shall continue to
secure and support the Obligations as amended and restated pursuant to this Agreement. 
 NOW, THEREFORE, the parties hereto, in
consideration of their mutual covenants and agreements hereinafter set forth and intending to be legally bound hereby, covenant and agree as follows: 
 1. CERTAIN DEFINITIONS 
 1.1 Certain Definitions. In addition to
words and terms defined elsewhere in this Agreement, the following words and terms shall have the following meanings, respectively, unless the context hereof clearly requires otherwise: 

“2007 Credit Agreement” shall mean the Credit Agreement dated as of June 27, 2007 among the
Borrower, the guarantors party thereto, the lenders party thereto, PNC Bank, National Association, as co-administrative agent for the lenders, and certain other parties. 

“2010 Credit Agreement” shall have the meaning assigned to that term in the recitals hereof. 

“Account” shall have the meaning set forth in the Security Agreement. 

“Administrative Agent” shall mean PNC Bank, National Association, and its successors and assigns.

 “Administrative Agent’s Fee” shall have the meaning
specified in Section 10.9 [Administrative Agent’s Fee]. 
 “Administrative Agent’s
Letter” shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee]. 

“Affiliate” as to any Person shall mean any other Person (i) which directly or indirectly controls,
is controlled by, or is under common control with such Person, (ii) which beneficially owns or holds 10% or more of any class of the voting or other equity interests of such Person, or (iii) 10% or more of any class of voting interests or
other equity interests of which is beneficially owned or held, directly or indirectly, by such Person. Control, as used in this definition, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the
management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise, including the power to elect a majority of the directors or trustees of a corporation or trust, as the case may be. 

“Anti-Terrorism Laws” shall mean any Laws relating to terrorism or money laundering, including Executive
Order No. 13224, the USA Patriot Act, the Laws comprising or implementing the Bank Secrecy Act, and the Laws administered by the United States Treasury Department’s Office of Foreign Asset Control (as any of the foregoing Laws may from
time to time be amended, renewed, extended, or replaced). 
 “Applicable Commitment Fee Rate”
shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.” 

“Applicable Letter of Credit Fee Rate” shall mean the percentage rate per annum based on the Leverage
Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Letter of Credit Fee.” 
 “Applicable Margin” shall mean, as applicable: 

(A) the percentage spread to be added to the Base Rate applicable to Revolving Credit Loans under the Base Rate Option
based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Revolving Credit Base Rate Spread”, or 

(B) the percentage spread to be added to the LIBOR Rate applicable to Revolving Credit Loans under the LIBOR Rate Option
based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Revolving Credit LIBOR Rate Spread”. 

“Applicable Senior Notes Indenture Cap” shall mean the maximum amount of Indebtedness permitted under
Section 4.03(b)(1) of the Senior Notes (2010) Indentures (as such Section is in effect from time to time); provided that if the Senior Notes (2010) Indentures have been discharged or defeased, Applicable Senior Notes Indenture Cap
shall mean the maximum 

  
 -2-

 
amount of Indebtedness permitted under Section 4.03(b)(1) of the Senior Notes (2011) Indenture (as such Section is in effect from time to time). 

“Appraisal” shall mean the appraisal dated June 21, 2010 of the Appraised Collateral prepared by
John T. Boyd Company, bearing file no. 2755-64. 
 “Appraised Collateral” shall mean the UCC
Collateral, the Intellectual Property Collateral, the real property that is the subject of the Mortgages (other than the real property that consists of Proved Gas Reserves or any other Gas Properties) and the vessels that are the subject of the Ship
Mortgages, but shall not include any asset that shall have been released, pursuant to Sections 10.10 [Authorization to Release Collateral and Guarantors; Certain Amendments] or 11.1.4 [Release of Collateral], from the Liens created in connection
with this Agreement. 
 “Approved Fund” shall mean any fund that is engaged in making,
purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course of business and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of
an entity that administers or manages a Lender. 
 “Assignment and Assumption Agreement” shall
mean an assignment and assumption agreement entered into by a Lender and an assignee permitted under Section 11.8 [Successors and Assigns], in substantially the form of Exhibit 1.1(A). 

“Authorized Financial Officer” of any Person shall mean the chief financial officer, treasurer or
vice-president finance of such Person or, if there is no chief financial officer, treasurer or vice-president finance of such Person, a vice president of such Person, designated by such Person as being a financial officer authorized to deliver and
certify financial information on behalf of the Loan Parties required hereunder. 
 “Authorized
Officer” shall mean those individuals, designated by written notice to the Administrative Agent from the Borrower, authorized to execute notices, reports and other documents on behalf of the Loan Parties required hereunder. The Borrower may
amend such list of individuals from time to time by giving written notice of such amendment to the Administrative Agent. 
 “Availability” shall mean, as of the date of determination, an amount, which equals the sum of (i) the amount of cash or cash equivalents as of such date of the Loan Parties that is
not subject to any Lien or other restriction limiting the availability of such funds to repay the Loans, (ii) the difference (if a positive number) between the amount of the Revolving Credit Commitments as of such date, less the Revolving
Facility Usage as of such date, and (iii) unused availability under the Permitted Receivables Financing. 

“Baltimore Dock Facility” shall mean that certain terminal, storage, loading and dock facility, including
all facilities and equipment supporting such facility, located in Baltimore, Maryland owned as of the Closing Date by CNX Marine Terminals, Inc., including all related easements, rights of way and the similar interests used or useful in connection
with such facility. 

  
 -3-

 “Baltimore Revenue Bonds” shall mean the $102,865,000
aggregate principal amount of Port Facilities Refunding Revenue Bonds (CNX Marine Terminals Inc. Port of Baltimore Facility) Series 2010. 
 “Base Rate” shall mean, for any day, a fluctuating per annum rate of interest equal to the highest of (a) the Federal Funds Open Rate, plus 0.5%, (b) the Prime Rate, and
(c) the Daily LIBOR Rate, plus 100 basis points (1.0%). Any change in the Base Rate (or any component thereof) shall take effect at the opening of business on the day such change occurs. 

“Base Rate Option” shall mean the option of the Borrower to have Loans bear interest at the rate and
under the terms set forth in Section 4.1.1(i) [Revolving Credit Base Rate Option]. 
 “Black Lung
Act” shall mean, collectively, the Black Lung Benefits Revenue Act of 1977, as amended and the Black Lung Benefits Reform Act of 1977, as amended. 
 “Blocked Person” shall have the meaning assigned to such term in Section 6.1.20.2 [Executive Order No. 13224]. 

“Borrower” shall mean CONSOL Energy Inc., a corporation organized and existing under the laws of the
State of Delaware. 
 “Borrowing Date” shall mean, with respect to any Loan, the date for the
making thereof or the renewal or conversion thereof at or to the same or a different Interest Rate Option, which date shall be a Business Day. 
 “Borrowing Tranche” shall mean specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate
Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche. 

“Business Day” shall mean any day other than a Saturday or Sunday or a legal holiday on which commercial
banks are authorized or required to be closed for business in Pittsburgh, Pennsylvania and if the applicable Business Day relates to any Loan to which the LIBOR Rate Option applies, such day must also be a day on which dealings are carried on in the
London interbank market. 
 “Capture” shall mean to collect, treat (if necessary), process (if
necessary), transport, store (if necessary), market, and sell Gas that is available from any well or any bore or vent hole. 
 “Cash Collateral” shall mean the cash or deposit account balances deposited with and pledged to the applicable Issuing Lender, as collateral for any Obligations arising under any Letter
of Credit with an expiration date that extends beyond the Expiration Date. 

  
 -4-

 “Cash On Hand” shall mean, as of any date of determination,
an amount equal to the aggregate amount of all cash and cash equivalents of the Loan Parties as of such date, whether such proceeds are pledged, held in a segregated account or escrow or otherwise by a Loan Party, an escrow agent or another Person,
other than cash pledged, escrowed or on deposit to secure performance obligations. 
 “Casualty
Event” shall mean, with respect to any assets of any Loan Party, any loss of title to, any damage to or destruction of, or any condemnation or other taking (including by any Official Body) of, any such assets that occurs after the Closing
Date for which the Borrower or any other Loan Party receives insurance proceeds or proceeds of a condemnation award or any other compensation; provided, however, no such event or series of related events shall constitute a Casualty
Event if such proceeds or other compensation in respect thereof is less than the Threshold Amount in the aggregate with respect to such event or series of related events. Casualty Event shall include but not be limited to any taking of all or any
part of any real property of the Borrower or any other Loan Party in or by condemnation or other eminent domain proceedings pursuant to any Law, or by reason of the temporary requisition or the use or occupancy of all or any part of any real
property by any Official Body, civil or military. 
 “Change in Law” shall mean the occurrence,
after the date of this Agreement, of any of the following: (a) the adoption or taking effect of any Law, (b) any change in any Law or in the administration, interpretation, implementation or application thereof by any Official Body or
(c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of Law) by any Official Body; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street
Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International settlements, the
Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of
the date enacted, adopted or issued. 
 “Closing Date” shall mean the date of this Agreement.

 “CNX Funding” shall mean CNX Funding Corporation, a Delaware corporation. 

“CNX Gas” shall mean CNX Gas Corporation, a Delaware corporation. 

“CNX Gas Credit Agreement” shall mean the Amended and Restated Credit Agreement, dated as of the date
hereof, by and among CNX Gas, the guarantors party thereto, PNC Bank, National Association as the Administrative Agent and the other agents and lenders party thereto, including any related notes, guarantees, collateral documents, instruments and
agreements executed in connection therewith. 
 “CNX Gas Guaranty Agreement” shall mean the
Amended and Restated Continuing Agreement of Guaranty and Suretyship, dated as of the Closing Date, in substantially the form of Exhibit 1.1(G)(2), executed and delivered by the CNX Gas Loan Parties. 

  
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 “CNX Gas Loan Parties” shall mean, collectively, CNX Gas
and any of its Subsidiaries from time to time party to the CNX Gas Credit Agreement. 
 “CNX Gas
Intercompany Subordination Agreement” shall mean the Subordination Agreement among the Loan Parties and the CNX Gas Loan Parties in the form attached hereto as Exhibit 1.1(I)(2). 

“Coal” shall mean all types of solid naturally occurring hydrocarbons (other than oil shale or
Gilsonite), including without limitation, bituminous and sub-bituminous coal, and lignite. 
 “Coal
Act” shall mean the Coal Industry Retiree Health Benefits Act of 1992, as amended. 
 “Coal
Gas” shall mean occluded methane gas and all associated natural gas and other hydrocarbons of whatever quality or quantity, whether known or unknown, that are, can be, or historically have been produced or emitted from coalbeds, coal
formations, coal seams, mined out areas, gob areas, or any related, associated, or adjacent rock material or strata, together with all substances produced with each of the foregoing or refined therefrom. For the avoidance of doubt, the term
“Coal Gas” shall expressly include all substances commonly known as “coalbed methane,” “coal mine methane,” and “gob gas.” 

“Coal Operations” shall mean, with respect to the Loan Parties, taken as a whole, the business operations
of the Loan Parties as conducted as of the Closing Date and as thereafter conducted in reasonable conformity with operations contemplated in the Financial Projections, including without limitation coal mining activities based upon the mining used in
the preparation of the Financial Projections, but excluding Gas recovery, production and transmission and other Gas operations. 
 “Code” shall mean the Internal Revenue Code of 1986, as the same may be amended or supplemented from time to time, and any successor statute of similar import, and the rules and
regulations thereunder, as from time to time in effect. 
 “Collateral” shall mean any
collateral under any Security Document, but shall not include any asset that shall have been released, pursuant to Sections 10.10 [Authorization to Release Collateral and Guarantors; Certain Amendments] or 11.1.4 [Release of Collateral], from the
Liens under such Security Document. 
 “Collateral Coverage” shall mean the ratio of
(i) the appraised value of the Appraised Collateral to (ii) the Revolving Credit Commitments. 

“Collateral Trust Agreement” shall mean the Amended and Restated Collateral Trust Agreement, dated as of
the Original Closing Date, among the Collateral Trustee and the Loan Parties. 

  
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 “Collateral Trustee” shall mean PNC Bank, National
Association, not in its individual capacity but solely as corporate trustee under the Collateral Trust Agreement (together with any successor corporate trustee appointed pursuant to the Collateral Trust Agreement). 

“Commercial Letter of Credit” shall mean any letter of credit which is a commercial letter of credit
issued in respect of the purchase of goods or services by one or more of the Loan Parties in the ordinary course of their business. 
 “Commitment” shall mean as to any Lender its Revolving Credit Commitment and, in the case of PNC, its Swing Loan Commitment, and “Commitments” shall mean the aggregate of
the Revolving Credit Commitments and Swing Loan Commitment of all of the Lenders. 
 “Commitment
Fee” shall have the meaning specified in Section 2.3 [Commitment Fees]. 
 “Compliance
Certificate” shall have the meaning specified in Section 8.3.4 [Certificate of the Borrower]. 

“Consideration” shall mean with respect to any Permitted Acquisition, without duplication, the aggregate
of (i) the cash paid by any of the Loan Parties, directly or indirectly, to the seller in connection therewith, (ii) the Indebtedness incurred or assumed by any of the Loan Parties, whether in favor of the seller or otherwise and whether
fixed or contingent, (iii) any Guaranty given to, or incurred by any Loan Party in connection therewith, and (iv) any other consideration given or obligation incurred by any of the Loan Parties in connection therewith. 

“Consolidated Cash Interest Expense” for any period of determination shall mean, the amount of interest
expense (in each case required in accordance with the terms of the note, instrument or other agreement applicable thereto to be payable in cash, other than to the extent the borrower thereunder has elected to pay such interest in kind) of the Loan
Parties and CNX Funding for such period determined and consolidated in accordance with GAAP. 

“Consolidated EBITDA” for any period of determination shall mean, without duplication, the sum of
(i) Consolidated Net Income (excluding non-cash compensation expenses related to common stock and other equity securities issued to employees, extraordinary gains and losses, and gains or losses on discontinued operations) plus
(ii) to the extent deducted in determining Consolidated Net Income, (a) interest expense (net of interest income), plus (b) the sum of all income tax expense, depreciation, depletion and amortization of property, plant,
equipment and intangibles, plus (c) non-cash debt extinguishment costs, plus (d) non-cash charges due to cumulative effects of changes in accounting principles, plus (e) non-recurring transaction costs expensed
(in accordance with GAAP) by the Loan Parties in connection with the Dominion Acquisition of up to 10% of Consolidated EBITDA plus (iii) cash dividends or distributions received by the Loan Parties from Excluded Subsidiaries and
Affiliates that are not Loan Parties except to the extent that any cash dividends or distributions received by the Loan Parties in connection with a Permitted Gas Properties Disposition are used for a distribution or dividend by the Borrower, for
such period determined and consolidated in accordance with GAAP and provided, further, that for the purposes of this definition, with respect to any Material 

  
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Acquisition/Disposition by the Loan Parties or a Permitted Gas Properties Disposition, Consolidated EBITDA shall be calculated as if such Material Acquisition/Disposition or Permitted Gas
Properties Disposition had been consummated at the beginning of such period. 
 “Consolidated Net
Income” shall mean for any period, the consolidated net income (or loss) of the Loan Parties (specifically excluding dividends and distributions received from, and net income (or loss) attributable to, Excluded Subsidiaries (other than CNX
Funding) and Affiliates that are not Loan Parties) and CNX Funding, determined in accordance with GAAP. 

“Conventional O & G” shall mean all liquid or gaseous hydrocarbons, other than Coal Gas, including,
without limitation, condensate, distillate, and other substances produced with each of the foregoing or refined therefrom, in each case, whether known or unknown. For the avoidance of doubt, the term “Conventional O & G” shall
expressly include, without limitation, all substances commonly known as “conventional oil and gas.” 

“Daily LIBOR Rate” shall mean, for any day, the rate per annum determined by the Administrative Agent by
dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage on such day. 
 “Defaulting Lender” shall mean any Lender that (a) has failed to fund any portion of the Loans, participations with respect to Letters of Credit, or participations in Swing Line
Loans required to be funded by it hereunder within two Business Days of the date required to be funded by it hereunder unless such failure has been cured and all interest accruing as a result of such failure has been fully paid in accordance with
the terms hereof, (b) has otherwise failed to pay over to the Administrative Agent or any other Lender any other amount required to be paid by it hereunder within two Business Days of the date when due, unless the subject of a good faith
dispute or unless such failure has been cured and all interest accruing as a result of such failure has been fully paid in accordance with the terms hereof, (c) has failed at any time to comply with the provisions of Section 5.3 [Sharing
of Payments by Lenders] with respect to purchasing participations from the other Lenders, whereby such Lender’s share of any payment received, whether by setoff or otherwise, is in excess of its Ratable Share of such payments due and payable to
all of the Lenders, or (d) has since the date of this Agreement been deemed insolvent by an Official Body or become the subject of a public bankruptcy, receivership, conservatorship or insolvency proceeding, or has a parent company that since
the date of this Agreement been deemed insolvent by an Official Body or become the subject of a public bankruptcy, receivership, conservatorship or insolvency proceeding; provided that a Lender shall not be a Defaulting Lender solely by
virtue of the ownership or acquisition of any equity interest in that Lender or any direct or indirect parent company thereof by an Official Body. 
 “Dollar, Dollars, U.S. Dollars” and the symbol “$” shall mean lawful money of the United States of America. 

“Dominion Acquisition” shall mean the acquisition by Borrower on April 30, 2010 of all of the
capital stock of Dominion Exploration & Production, Inc. and Dominion Reserves, Inc. and certain assets of Dominion Transmissions, Inc. from Dominion Resources, Inc. and certain of its Subsidiaries. 

  
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 “Drawing Date” shall have the meaning specified in
Section 2.9.3 [Participations, Disbursements, Reimbursement]. 
 “Environment” shall mean
ambient air, indoor air, surface water, groundwater, drinking water, land surface and sub-surface strata and natural resources such as wetlands, flora and fauna. 

“Environmental Laws” shall mean any and all applicable current and future federal, state, local and
foreign statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or other governmental restrictions or common law causes of action relating to (a) protection of
the Environment or to emissions, discharges, Releases or threatened Releases of Hazardous Materials, (b) human health as affected by Hazardous Materials, or (c) mining operations and activities to the extent relating to protection of the
Environment or reclamation, including the Surface Mining Control and Reclamation Act, provided that “Environmental Laws” do not include any laws relating to worker or retiree benefits, including benefits arising out of occupational
diseases. 
 “Environmental Liability” shall mean any liability, contingent or otherwise
(including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Borrower or any other Loan Party directly or indirectly resulting from or based upon (a) violation of any Environmental Law,
(b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the Release or threatened Release of any Hazardous Materials or (e) any
contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 
 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as the same may be amended or supplemented from time to time, and any successor statute of similar import, and the
rules and regulations thereunder, as from time to time in effect. 
 “ERISA Affiliate” shall
mean, at any time, any trade or business (whether or not incorporated) under common control with the Borrower within the meaning of Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the Code for purposes of provisions
relating to Section 412 of the Code). 
 “ERISA Event” shall mean (a) a Reportable
Event with respect to a Pension Plan; (b) a withdrawal by Borrower or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2)
of ERISA) or a cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer Plan or notification that a
Multiemployer Plan is in reorganization or experienced a mass withdrawal within the meaning of Section 4219 of ERISA; (d) the filing of a notice of intent to terminate, or the treatment of a Pension Plan amendment as a termination under
Sections 4041 or 4041A of ERISA; (e) the commencement of proceedings by the PBGC to terminate a Pension Plan or Multiemployer Plan; (f) an event or condition which constitutes grounds under Section 4042 of ERISA for the termination
of, or the appointment of a trustee to administer, any Pension Plan or Multiemployer Plan of the Borrower or any ERISA Affiliate; (g)

  
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the determination that any Pension Plan is considered an at-risk plan within the meaning of Section 430 of the Code or Section 303 of ERISA; (h) Borrower or an ERISA Affiliate is
informed that any Multiemployer Plan to which Borrower or the ERISA Affiliate contributes is in endangered or critical status within the meaning of Sections 431 and 432 of the Code or Sections 304 and 305 of ERISA, or (i) the imposition of any
liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon Borrower or any ERISA Affiliate. 
 “ERISA Group” shall mean, at any time, the Borrower and all members of a controlled group of corporations and all trades or businesses (whether or not incorporated) under common control
and all other entities which, together with the Borrower, are treated as a single employer under Section 414 of the Internal Revenue Code. 
 “Event of Default” shall mean any of the events described in Section 9.1 [Events of Default] and referred to therein as an “Event of Default.” 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 

“Excluded Properties” shall mean the real property and other property interests of the Borrower and its
Subsidiaries set forth specifically or otherwise of a type described on Schedule 8.1.14. 

“Excluded Subsidiary” shall mean each individually, and “Excluded Subsidiaries” shall
mean collectively, (a) CNX Funding, Fairmont Supply, each Foreign Subsidiary and each direct or indirect Subsidiary of the foregoing; and (b) each Subsidiary of the Borrower that is not directly or indirectly wholly-owned by the Borrower;
provided that a Subsidiary that is a Loan Party shall not become an Excluded Subsidiary by virtue of a transfer of a portion of the equity in such Subsidiary until a majority of such equity interests in such Subsidiary are invested, sold,
transferred or disposed of in accordance with the provisions of Sections 8.2.4 [Loans and Investments] or 8.2.7 [Dispositions of Assets or Subsidiaries]. Notwithstanding the foregoing, any Person that becomes a “Subsidiary Guarantor” under
the Senior Notes (2010) Indentures or the Senior Notes (2011) Indenture, as such term is defined in such indentures, shall no longer be an Excluded Subsidiary and shall become Guarantor pursuant to Section 8.2.9 [Subsidiaries,
Partnerships and Joint Ventures]. 
 “Excluded Taxes” shall mean, with respect to the
Administrative Agent, the Syndication Agent, any Lender, the Issuing Lender or any other recipient of any payment to be made by or on account of any obligation of the Borrower hereunder, (a) Taxes imposed on or measured by its overall net
income (however denominated), and franchise taxes imposed on it (in lieu of net income taxes), by the jurisdiction (or any political subdivision thereof) under the Laws of which such recipient is organized or in which its principal office is located
or, in the case of any Lender, in which its applicable lending office is located, (b) any branch profits taxes imposed by the United States of America or any similar tax imposed by any other jurisdiction in which the Borrower is located and
(c) in the case of a Foreign Lender, any withholding tax that is imposed on amounts payable to such Foreign Lender at the time such Foreign Lender becomes a party hereto (or designates a new lending office) or is attributable to such Foreign
Lender’s failure or inability (other than as a result of a Change in Law) to comply with Section 5.9.5 [Status of 

  
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Lenders; Refunds], except to the extent that such Foreign Lender (or its assignor, if any) was entitled, at the time of designation of a new lending office (or assignment), to receive additional
amounts from the Borrower with respect to such withholding tax pursuant to Section 5.9.1 [Payment Free of Taxes]. 
 “Executive Order No. 13224” shall mean the Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001, as the same has been, or shall hereafter be,
renewed, extended, amended or replaced. 
 “Existing Letters of Credit” shall have the meaning
assigned to that term in Section 2.9.1.1. 
 “Expiration Date” shall mean the fifth
anniversary of the Closing Date. 
 “Fairmont Supply” shall mean Fairmont Supply Company, a
Delaware corporation. 
 “Federal Funds Effective Rate” for any day shall mean the rate per
annum (based on a year of 360 days and actual days elapsed and rounded upward to the nearest 1/100 of 1%) announced by the Federal Reserve Bank of New York (or any successor) on such day as being the weighted average of the rates on overnight
federal funds transactions arranged by federal funds brokers on the previous trading day, as computed and announced by such Federal Reserve Bank (or any successor) in substantially the same manner as such Federal Reserve Bank computes and announces
the weighted average it refers to as the “Federal Funds Effective Rate” as of the date of this Agreement; provided, if such Federal Reserve Bank (or its successor) does not announce such rate on any day, the “Federal Funds
Effective Rate” for such day shall be the Federal Funds Effective Rate for the last day on which such rate was announced. 
 “Federal Funds Open Rate” for any day shall mean the rate per annum (based on a year of 360 days and actual days elapsed) which is the daily federal funds open rate as quoted by ICAP
North America, Inc. (or any successor) as set forth on the Bloomberg Screen BTMM for that day opposite the caption “OPEN” (or on such other substitute Bloomberg Screen that displays such rate), or if there shall at any time, for any
reason, no longer exist a Bloomberg Screen BTMM (or any substitute screen), as set forth on such other recognized electronic source used for the purpose of displaying such rate as selected by the Administrative Agent (for the purposes of this
definition only, an “Alternate Source”) (or if such rate for such day does not appear on the Bloomberg Screen BTMM (or any substitute screen) or on any Alternate Source, or if there shall at any time, for any reason, no longer exist
a Bloomberg Screen BTMM (or any substitute screen) or any Alternate Source, a comparable replacement rate determined by the Administrative Agent at such time (which determination shall be conclusive absent manifest error); provided however,
that if such day is not a Business Day, the Federal Funds Open Rate for such day shall be the “open” rate on the immediately preceding Business Day. If and when the Federal Funds Open Rate changes, the rate of interest with respect to any
advance to which the Federal Funds Open Rate applies will change automatically without notice to the Borrower, effective on the date of any such change. 

  
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 “Financial Covenant Debt” as of any date of determination
shall mean the difference between the amounts determined under the following clauses (A) and (B) reduced by Cash On Hand: 
 (A) the sum (without duplication) for the Loan Parties of the following: (i) all Indebtedness of the type specified in clauses (a), (b), (c), (d), (e), (f), and (h) of the definition of
Indebtedness, plus (ii) all reimbursement obligations under standby letters of credit (whether or not issued under this Agreement), plus (iii) all non-contingent reimbursement or other matured obligations with respect to Indebtedness of
the type specified in clause (c) of the definition of Indebtedness, minus  
 (B) the sum (without
duplication) for the Loan Parties of the following but only to the extent that any of the following is included in the amount determined under clause (A) above: (i) all obligations under undrawn standby letters of credit (whether or not
issued under this Agreement) issued with respect to performance obligations under sales contracts, performance obligations with respect to mine reclamation, performance obligations relating to black lung benefit liabilities, and performance
obligations relating to workers compensation and other employee benefit liabilities, (ii) all obligations under each other letter of credit in respect of which any Loan Party has provided Letter of Credit Support, but only in an amount equal to
such Letter of Credit Support, and (iii) all obligations in respect of advance royalty commitments. 

“Financial Projections” shall have the meaning assigned to such term in Section 6.1.7(ii) [Financial
Projections]. 
 “Financials Delivery Date” shall mean the date on which the Compliance
Certificate is required to be delivered to the Administrative Agent pursuant to Section 8.3.4 [Certificate of Borrower]. 
 “Flood Laws” shall mean (i) the National Flood Insurance Act of 1968, (ii) the Flood Insurance Disaster Protection Act of 1973, (iii) the National Flood Insurance Reform
Act of 1994, (iv) the Flood Insurance Reform Act of 2004 and (v) all other applicable Laws relating to policies and procedures that address requirements placed on federally regulated lenders relating to flood matters, in each case, as now
or hereafter in effect or any successor statute thereto. 
 “Foreign Lender” shall mean any
Lender that is organized under the Laws of a jurisdiction other than that in which the Borrower is resident for tax purposes. For purposes of this definition, the United States of America, each State thereof and the District of Columbia shall be
deemed to constitute a single jurisdiction. 
 “Foreign Subsidiaries” shall mean, for any
Person, each Subsidiary of such Person that is incorporated or organized under the laws of any jurisdiction other than the United States of America or any state or territory thereof. 

“GAAP” shall mean generally accepted accounting principles as are in effect from time to time, subject to
the provisions of Section 1.3 [Accounting Principles], and applied on a consistent basis both as to classification of items and amounts. 

  
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 “Gas” shall mean Conventional O & G and Coal Gas.

 “Gas Properties” shall mean (i) the Hydrocarbon Property and (ii) any capital
stock, partnership interests, membership interests or other ownership interests of any Person that is created for the purpose of holding or that otherwise holds, directly or indirectly, Hydrocarbon Property, so long as substantially all of such
Person’s operating assets, held directly or indirectly, consist of Hydrocarbon Property. 

“Guarantor” shall mean each of the parties to this Agreement that is designated as a
“Guarantor” on the signature page hereof and each other Person that joins this Agreement as a Guarantor after the date hereof, in each case, until such Person ceases to be a Guarantor in accordance with this Agreement. 

“Guarantor Joinder” shall mean a joinder by a Person as a Guarantor under the Loan Documents in the form
of Exhibit 1.1(G)(1). 
 “Guaranty” of any Person shall mean any obligation of such
Person guaranteeing or in effect guaranteeing any liability or obligation of any other Person in any manner, whether directly or indirectly, including any agreement to indemnify or hold harmless any other Person, any performance bond or other
suretyship arrangement and any other form of assurance against loss, including Letters of Credit issued for the account of Persons other than Loan Parties, except endorsement of negotiable or other instruments for deposit or collection in the
ordinary course of business. 
 “Guaranty Agreement” shall mean the Amended and Restated
Continuing Agreement of Guaranty and Suretyship, dated as of the Original Closing Date, executed and delivered by each of the Loan Parties. 
 “Hazardous Materials” shall mean (i) any explosive substances or wastes and (ii) any chemicals, pollutants or contaminants, substances, materials or wastes, in any form,
regulated under, or that could reasonably be expected to give rise to liability under, any applicable Environmental Law, including, without limitation, asbestos and asbestos containing materials, polychlorinated biphenyls, urea-formaldehyde
insulation, gasoline or petroleum (including crude oil or any fraction thereof) or petroleum products or any Coal Gas, coal ash, coal combustion by-products or waste, boiler slag, scrubber residue or flue desulphurization residue. 

“Historical Statements” shall have the meaning assigned to that term in Section 6.1.7(i) [Historical
Statements]. 
 “Hydrocarbon Property” shall mean all of the following: 

(i) all right, title, interest and estate of any Loan Party, whether now owned or hereafter acquired (“Gas
Rights”) in and to: 
 (A) any “drilling unit,” as that term is commonly used in the Gas
business, including but not limited to those that are (x) established or prescribed by field rules or other regulatory orders or (y) otherwise designated any Person, 

  
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 (B) any well or any vent or bore hole drilled and permitted for the
commercial production of Gas and/or degasification of a coalbed, coal formation, coal seam or mine area and any site on which it is located, 
 (C) equipment that is used or useful in connection with the Capture or monitoring of Gas produced from any well or any vent or bore hole described in clause (B) above, including, without limitation,
any wellhead equipment, compressor, treating facility, storage facility, processing plant and gathering or transportation line, but not including any equipment which if sold would disrupt or negatively affect the Coal Operations of the Loan Parties
in any material respect or prevent the Loan Parties from conducting their Coal Operations in reasonable conformity with the operations as contemplated in the Financial Projections as they relate to the Coal Operations, 

(D) all assets associated with any item described in clauses (A) through (C) above, including, without
limitation, Gas reserves, surface rights of way and all geological, geophysical, engineering, accounting, title, legal, and other technical or business data concerning Gas, 

(E) any Gas and any right to Capture Gas, 

(F) any lease, agreement, instrument, order, declaration, understanding or other arrangement, as the same may be amended,
modified, supplemented, replaced, or amended and restated, relating to (i) the Capture of Gas, or (ii) the pooling, unitization, or communization of Gas, 

(G) Buchanan Generation, LLC, and 

(H) other assets used in the ordinary course of business in connection with the operation, administration, or management
of Gas operations; 
 (ii) All tenements, hereditaments, appurtenances and properties now owned or hereafter
acquired by any Loan Party to which the Gas Rights described above in paragraph (i) are, in any way, appertaining, belonging, affixed or incidental, including, without limitation, any and all property, real or personal, now owned or hereafter
acquired and situated upon, used, held for use, or useful in connection with the operating, working or development of any of such Gas Rights or the lands pooled or unitized therewith including any and all surface leases, rights-of-way, easements,
servitudes, licenses and other surface and subsurface rights together with all additions, substitutions, replacements, accessions, and attachments to any and all of the foregoing properties; 

(iii) All of the rights, titles, and interests of every nature whatsoever now owned or hereafter acquired by any Loan
Party in and to (a) the items described above in paragraphs (i) and (ii), as the same may be enlarged by the discharge of any payment out of production or by the removal of any charge or Permitted Lien to which any such item described
above in paragraphs (i) and (ii) is subject, and (b) any and all additional interests of any kind hereafter acquired by any Loan Party in and to Gas Rights; and 

  
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 (iv) All accounts, contract rights, inventory, general intangibles,
insurance contracts, and insurance proceeds (including, but not limited to, Coal Gas Credits (as defined below)) constituting a part of, relating to, or arising out of those items that are described in paragraphs (i) through (iii) above
and all proceeds and products and payments in lieu of production (such as “take or pay” payments), whether such proceeds or payments are goods, money, documents, instruments, chattel paper, securities, accounts, general intangibles,
fixtures, real property, or other assets. 
 As used herein, “Coal Gas Credits” shall mean any
and all emission reduction credits and renewable energy certificates related to the production, use, sale, capture, flaring, burning, destruction, processing, conversion, utilization, fueling, storage or sequestration of Gas. 

“Increasing Lender” shall have the meaning assigned to that term in Section 2.11 [Increase in
Revolving Credit Commitments]. 
 “Indebtedness” shall mean, as to any Person at any time,
without duplication, (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person evidenced by notes, bonds, debentures or similar instruments or that bear interest, (c) all reimbursement and other
obligations of such Person with respect to letters of credit and bankers’ acceptances, whether or not matured, (d) all indebtedness of such Person for the deferred purchase price of property or services (other than trade payables incurred
in the ordinary course of business and payable in accordance with customary practices that are not overdue for more than ninety (90) days unless contested in good faith and by appropriate proceedings if adequate reserves in accordance with GAAP
have been established on the books of such Person and accrued expenses incurred in the ordinary course of business), (e) all indebtedness of such Person created or arising under any conditional sale or other title retention agreement with
respect to property acquired by such Person (even though the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property), (f) all obligations of such Person
under any capital lease (other than advance royalties under a mineral lease), (g) all obligations of such Person under any Guaranty provided by such Person in respect of Indebtedness for borrowed money of another Person, (h) all
obligations of such Person to purchase, redeem, retire, defease or otherwise acquire for value any capital stock or other equity interest of such Person, valued, in the case of redeemable preferred stock, at the greater of its voluntary liquidation
preference and its involuntary liquidation preference plus accrued and unpaid dividends, (i) all net payments that such Person would have to make in the event of an early termination on the date Indebtedness of such Person is being determined
in respect of any Swap Agreement of such Person, (j) all indebtedness and other obligations in respect of the Permitted Receivables Financing of such Person, and (k) all obligations for borrowed money or having the commercial effect of a
borrowing of money (specifically including all surety and performance bonds for borrowed money), secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien (other than Liens of
the type described in clauses (iii) and (vi) of the definition of Permitted Liens and nonconsensual statutory or common law Liens) upon or in property (including accounts and general intangibles) owned by such Person, even though such
Person has not assumed or become liable for the payment of such obligations, but only to the extent of the fair market value of such property. 

  
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 “Indemnified Taxes” shall mean Taxes other than Excluded
Taxes. 
 “Indemnitee” shall have the meaning specified in Section 11.3.2 [Indemnification
by the Borrower]. 
 “Indemnity” shall mean the Amended and Restated Regulated Substances
Certificate and Indemnity Agreement, in substantially the form of Exhibit 1.1(I)(1), executed and delivered by each of the Loan Parties to the Administrative Agent for the benefit of the Secured Parties. 

“Information” shall mean all information received from the Loan Parties or any of their Subsidiaries
relating to the Loan Parties or any of such Subsidiaries or any of their respective businesses, other than any such information that is available to the Administrative Agent, any Lender or the Issuing Lender on a non-confidential basis prior to
disclosure by the Loan Parties or any of their Subsidiaries. 
 “Insolvency Proceeding” shall
mean, with respect to any Person, (a) a case, action or proceeding with respect to such Person (i) before any court or any other Official Body under any bankruptcy, insolvency, reorganization or other similar Law now or hereafter in
effect, or (ii) for the appointment of a receiver, liquidator, assignee, custodian, trustee, sequestrator, conservator (or similar official) of any Loan Party or otherwise relating to the liquidation, dissolution, winding-up or relief of such
Person, or (b) any general assignment for the benefit of creditors, composition, marshaling of assets for creditors, or other, similar arrangement in respect of such Person’s creditors generally or any substantial portion of its creditors,
undertaken under any Law. 
 “Intellectual Property Collateral” shall mean all of the property
described as “Patents, Trademarks and Copyrights” in the Patent, Trademark and Copyright Security Agreement. 
 “Intercompany Subordination Agreement” shall mean the Amended and Restated Subordination Agreement among the Loan Parties, dated as of the Closing Date, in substantially the form of
Exhibit 1.1(I)(3), executed and delivered by the Loan Parties. 
 “Interest Coverage Ratio”
shall mean the ratio of Consolidated EBITDA to Consolidated Cash Interest Expense, determined as of the end of each fiscal quarter of the Borrower for the four fiscal quarters then ended. 

“Interest Period” shall mean the period of time selected by the Borrower in connection with (and to apply
to) any election permitted hereunder by the Borrower to have Revolving Credit Loans bear interest under the LIBOR Rate Option. Subject to the last sentence of this definition, such period shall be one or two weeks or one, two, three or six Months.
Such Interest Period shall commence on the effective date of such Interest Rate Option, which shall be the Borrowing Date. Notwithstanding the second sentence hereof: (A) any Interest Period which would otherwise end on a date which is not a
Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day, and (B) the Borrower shall

  
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not select, convert to or renew an Interest Period for any portion of the Loans that would end after the Expiration Date. 

“Interest Rate Option” shall mean any LIBOR Rate Option or Base Rate Option. 

“Investments” shall mean collectively all of the following with respect to any Person: (i) the
purchase or other acquisition of capital stock or other securities of another Person, (ii) investments or contributions by any of the Loan Parties directly or indirectly in or to the capital of or other payments to (except in connection with
any Joint Operating Agreement or transactions for the sale of goods or services for fair value) such Person, (iii) loans or advances by any of the Loan Parties to such Person, (iv) any Guaranty by any Loan Party directly or indirectly of
the obligations of such Person, (v) other credit enhancements of any Loan Party to or for the benefit of such Person, or (vi) if such Loan Party is liable as a matter of law for the obligations of such Person, obligations, contingent or
otherwise, of such Person. Notwithstanding the foregoing, if the objective of a transaction or series of transactions is for the Loan Parties to acquire all or substantially all of the ownership interests or assets of another Person, such
transaction shall be considered an acquisition and not an Investment. 
 “IRS” shall mean the
Internal Revenue Service. 
 “Issuer Documents” means with respect to any Letter of Credit, the
Letter of Credit application, and any other document, agreement and instrument entered into by the Issuing Lender and any Loan Party or in favor of an Issuing Lender and relating to any such Letter of Credit. 

“Issuing Lender” shall mean (a) PNC Bank, National Association or any of its Affiliates issuing
Letters of Credit hereunder, (b) The Bank of Nova Scotia or Bank of America, N.A. or any of their Affiliates, each to the extent that such Lender agrees to act as an Issuing Lender hereunder at the request of the Borrower, issues Letters of
Credit, and provides notice to the Administrative Agent and the Borrower as provided in Section 11.5 [Notices; Effectiveness; Electronic Communication] and (c) the Administrative Agent in respect of each Existing Letter of Credit.

 “Joint Operating Agreement” shall mean any joint operating agreement or other similar
contract that is usual and customary in the oil and gas business. 
 “Joint Venture” shall mean
a corporation, partnership, limited liability company or other entity in which any Person other than the Loan Parties and their Subsidiaries holds, directly or indirectly, an equity interest. 

“Labor Contracts” shall mean all employment agreements, employment contracts, collective bargaining
agreements and other agreements among any Loan Party and its employees. 
 “Law” shall mean any
law (including common law), constitution, statute, treaty, regulation, rule, ordinance, opinion, release, ruling, order, injunction, writ, decree, bond, 

  
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judgment, authorization or approval, lien or award by or settlement agreement with any Official Body. 
 “LC Disbursement” shall mean a payment made by an Issuing Lender pursuant to a Letter of Credit issued by such Issuing Lender. 

“Lender Group Collateral Agent” shall have the meaning assigned to that term in Section 9.2.5.2
[Collateral Trust Agreement]. 
 “Lenders” shall mean the financial institutions named on
Schedule 1.1(B) and their respective successors and assigns as permitted hereunder, each of which is referred to herein as a Lender. For the purpose of any grant in any Loan Document of a security interest or other Lien to the Lenders or to
the Collateral Trustee for the benefit of the Lenders as security for the Obligations, “Lenders” shall include any Affiliate of a Lender to which such Obligation is owed. 

“Letter of Credit” shall have the meaning assigned to that term in Section 2.9.1.1 [Issuance of
Letters of Credit]. 
 “Letter of Credit Borrowing” shall have the meaning assigned to such term
in Section 2.9.3.2(ii) [Participations, Disbursements, Reimbursement]. 
 “Letter of Credit
Fee” shall have the meaning assigned to that term in Section 2.9.2.1 [Letter of Credit Fees]. 

“Letter of Credit Obligations” shall mean, as of any date of determination, the aggregate amount
available to be drawn under all outstanding Letters of Credit on such date (if any Letter of Credit shall increase in amount automatically in the future, such aggregate amount available to be drawn shall currently give effect to any such future
increase) plus the aggregate outstanding Reimbursement Obligations and Letter of Credit Borrowings on such date. The Letter of Credit Obligations of any Lender at any time shall be its Ratable Share of the total Letter of Credit Obligations
at such time. 
 “Letter of Credit Support” shall mean, at any time, the aggregate amount of
cash or other liquid securities pledged as collateral for letters of credit issued for the account of the Borrower or the other Loan Parties (whether or not issued pursuant to this Agreement). 

“Leverage Ratio” shall mean the ratio of Financial Covenant Debt to Consolidated EBITDA. For purposes of
calculating the Leverage Ratio, Financial Covenant Debt shall be determined as of the end of each fiscal quarter of the Borrower and Consolidated EBITDA shall be determined as of the end of each fiscal quarter of the Borrower for the four fiscal
quarters then ended. 
 “LIBOR Rate” shall mean, with respect to the Loans comprising any
Borrowing Tranche to which the LIBOR Rate Option applies for any Interest Period, the interest rate per annum determined by the Administrative Agent by dividing (the resulting quotient rounded upwards, if necessary, to the nearest 1/100th of
1% per annum) (i) the rate which appears on the Bloomberg Page BBAM1 (or on such other substitute Bloomberg page that displays rates at 

  
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which US dollar deposits are offered by leading banks in the London interbank deposit market), or if there shall at any time, for any reason, no longer exist a Bloomberg page BBAM1 (or any
substitute page), or the rate which is quoted by another source selected by the Administrative Agent which has been approved by the British Bankers’ Association as an authorized information vendor for the purpose of displaying rates at which US
dollar deposits are offered by leading banks in the London interbank deposit market (an “Alternate Source”), at approximately 11:00 a.m., London time, two (2) Business Days prior to the commencement of such Interest Period as
the London interbank offered rate for U.S. Dollars for an amount comparable to such Borrowing Tranche and having a borrowing date and a maturity comparable to such Interest Period (or if there shall at any time, for any reason, no longer exist a
Bloomberg Page BBAM1 (or any substitute page) or any Alternate Source, a comparable replacement rate determined by the Administrative Agent at such time (which determination shall be conclusive absent manifest error)), by (ii) a number equal to
1.00 minus the LIBOR Reserve Percentage. LIBOR may also be expressed by the following formula: 
  

					
	LIBOR Rate    =    	  	 London interbank offered rates quoted by Bloomberg

or appropriate successor as shown on Bloomberg Page 
BBAM1
	  	  
		  	 1.00 – LIBOR Reserve Percentage
	  	

 The LIBOR Rate shall be adjusted with respect to any Loan to which the LIBOR Rate
Option applies that is outstanding on the effective date of any change in the LIBOR Reserve Percentage as of such effective date. The Administrative Agent shall give prompt notice to the Borrower of the LIBOR Rate as determined or adjusted in
accordance herewith, which determination shall be conclusive absent manifest error. 
 “LIBOR Rate
Option” shall mean the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(ii) [Revolving Credit LIBOR Rate Option]. 

“LIBOR Reserve Percentage” shall mean as of any day the maximum percentage in effect on such day, as
prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the reserve requirements (including supplemental, marginal and emergency reserve requirements) with respect to eurocurrency funding (currently
referred to as “Eurocurrency Liabilities”). 
 “Lien” shall mean any mortgage, deed of
trust, pledge, lien, security interest, charge or other similar encumbrance or security arrangement of any nature whatsoever, whether voluntarily or involuntarily given, including any conditional sale or title retention arrangement, and any
assignment, deposit arrangement or lease intended as, or having the effect of, security and any filed financing statement or other notice of any of the foregoing (whether or not a lien or other encumbrance is created or exists at the time of the
filing), but shall not include any operating lease. 
 “LLC Interests” shall have the meaning
given to such term in Section 6.1.2 [Subsidiaries]. 

  
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 “Loan Documents” shall mean this Agreement, the
Administrative Agent’s Letter, the Collateral Trust Agreement, the Guaranty Agreement, the CNX Gas Guaranty Agreement, the Indemnity, the Intercompany Subordination Agreement, the CNX Gas Intercompany Subordination Agreement, the Notes, the
Security Documents, the Successor Agent Agreement, and amendments, supplements, joinders or assignments to the foregoing, and any other instruments, certificates or documents (expressly excluding any Specified Swap Agreement or any other Swap
Agreement) delivered or contemplated to be delivered hereunder or thereunder or in connection herewith or therewith, and “Loan Document” shall mean any of the Loan Documents. 

“Loan Parties” shall mean the Borrower and the Guarantors, but excluding the CNX Gas Loan Parties.

 “Loan Request” shall have the meaning specified in Section 2.5 [Revolving Credit Loan
Requests; Swing Loan Requests]. 
 “Loans” shall mean collectively all Revolving Credit Loans
and Swing Loans and “Loan” shall mean separately any Revolving Credit Loan or Swing Loan. 

“Mahoning Valley Designated Reserves” shall mean a portion of those coal reserves associated with the
Mahoning Valley Mine located in Athens Township, Harrison County, Ohio, consisting of approximately 584 acres of the #8 and #8A coal seams. 
 “Material Acquisition/Disposition” shall mean any Permitted Acquisition or any disposition of assets pursuant to Section 8.2.7(viii) [Dispositions of Assets or Subsidiaries] that
results in (a) an acquisition or disposition of assets, the fair market value of which assets exceeds $10,000,000 or (b) a change in pro forma Consolidated EBITDA that exceeds $10,000,000 per annum, taking into account any such acquisition
or disposition. 
 “Material Adverse Change” shall mean any set of circumstances or events that
(a) has or would reasonably be expected to have any material adverse effect whatsoever upon the validity or enforceability of this Agreement or any other Loan Document, (b) is or would reasonably be expected to be material and adverse to
the business, properties, assets, financial condition, or results of operations of the Loan Parties taken as a whole, (c) impairs materially or would reasonably be expected to impair materially the ability of the Loan Parties taken as a whole
to duly and punctually pay or perform their Indebtedness under this Agreement or any other Loan Document, or (d) impairs materially or would reasonably be expected to impair materially the ability of the Administrative Agent or any of the
Lenders, to the extent permitted, to enforce their legal remedies pursuant to this Agreement or any other Loan Document. 
 “Material Contract” shall mean the Senior Notes (2010), the Senior Notes (2011), and any other agreement that is material to the conduct of the business of the Loan Parties, taken as a
whole. 
 “Month,” with respect to an Interest Period under the LIBOR Rate Option, shall mean
the interval between the days in consecutive calendar months numerically corresponding to the first day of such Interest Period. If any LIBOR Rate Interest Period begins on a day of a calendar month for which there is no numerically corresponding
day in the month in which such 

  
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Interest Period is to end, the final month of such Interest Period shall be deemed to end on the last Business Day of such final month. 

“Moody’s” shall mean Moody’s Investors Service, Inc. and its successors. 

“Mortgages” shall mean, collectively, (i) the mortgages or deeds of trust with respect to Real
Property in which a security interest has been granted prior to the Closing Date and (ii) the mortgages or deeds of trust with respect to Real Property in which a security interest is granted after the Closing Date in substantially the form of
Exhibit 1.1(M), in each case, executed and delivered by the applicable Loan Parties to the Collateral Trustee to secure the Obligations, for the benefit of the Secured Parties, and “Mortgage” shall mean, individually, any of
the Mortgages. 
 “Multiemployer Plan” shall mean any employee benefit plan which is a
“multiemployer plan” within the meaning of Section 4001(a)(3) of ERISA and to which the Borrower or any member of the ERISA Group is then making or accruing an obligation to make contributions or, within the preceding five Plan years,
has made or had an obligation to make such contributions. 
 “Net Cash Proceeds” shall mean,
with respect to any sale, transfer or lease of assets, an amount equal to: 
 (a) the cash proceeds received by
the Borrower or any other Loan Party from or in respect of such transaction (including, when received: (i) any cash proceeds received as income or other deferred cash proceeds, or (ii) cash proceeds of any non-cash proceeds of such
transaction, converted to cash), less 
 (b) the sum of the following to the extent incurred or payable by
the Borrower or any other Loan Party: 
 (i) any foreign, federal, state or local income taxes paid or payable
in respect of the proceeds of such sale or disposition or any other foreign, federal, state or local taxes paid in connection with such sale or disposition, with all amounts under this clause (b)(i) being determined for the Borrower and its
Subsidiaries on a tax consolidated basis (after application of all credits and other offsets), 
 (ii) any
customary and reasonable brokerage commissions and all other customary and reasonable fees and expenses related to such sale or disposition (including without limitation financial advisory fees, legal fees and accountants’ fees), 

(iii) any amounts estimated in good faith by an Authorized Financial Officer of the Borrower to provide reserves in
accordance with GAAP for payment of indemnities or liabilities that may be incurred in connection with such sale or disposition, 

  
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 (iv) the amount of any debt secured by a Lien on the related asset and
which debt is discharged as part of such asset sale, and 
 (v) any insurance proceeds, condemnation awards or
other compensation to the extent such proceeds are used for reinvestment, substitution, replacement, repair or restoration in accordance with the terms hereof. 
 For purposes of this definition, if taxes or other customary fees or expenses payable in connection with the sale, transfer or lease of any asset are not known as of the date of such sale, transfer or
lease, then such fees, expenses or taxes shall be estimated in good faith by an Authorized Financial Officer of the Borrower and such estimated amounts shall be deducted for purposes of determining Net Cash Proceeds in accordance with the
immediately preceding sentence. 
 “New Lender” shall have the meaning assigned to that term in
Section 2.11 [Increase in Revolving Credit Commitments]. 
 “New Lender Joinder” shall mean
the joinder whereby each New Lender joins this Agreement in substantially the form attached hereto as Exhibit 1.1(B). 
 “Non-Consenting Lender” shall have the meaning specified in Section 11.1 [Modifications, Amendments or Waivers]. 

“Non-Strategic Assets” shall mean (A) all those assets of the Loan Parties that (i) qualify as
Excluded Properties and (ii) could be sold or disposed of by the Loan Parties without causing any material effect on, or increased cost to, the operation and management of the Coal Operations and (B) the Mahoning Valley Designated
Reserves. 
 “Notes” shall mean, collectively, the promissory notes in the form of Exhibit
1.1(R) evidencing the Revolving Credit Loans and in the form of Exhibit 1.1(N) evidencing the Swing Loans. 
 “Obligation” shall mean any obligation or liability of any of the Loan Parties, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or
hereafter existing, or due or to become due (including interest and other monetary obligations accruing and/or incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or
allowable in such proceeding), under or in connection with (i) this Agreement, the Notes, the Letters of Credit, the Administrative Agent’s Letter or any other Loan Document whether to the Administrative Agent, any Issuing Lender, any of
the Lenders or their Affiliates or other persons provided for under such Loan Documents, (ii) any Specified Swap Agreement or (iii) any Other Lender Provided Financial Service Product. 

“Official Body” shall mean the government of the United States of America or any other nation, or of any
political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or
functions of or pertaining 

  
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to government (including any supra-national bodies such as the European Union or the European Central Bank). 

“Oil and Gas Liens” shall mean (i) Liens on any specific property or any interest therein,
construction thereon or improvement thereto to secure all or any part of the costs incurred for surveying, exploration, drilling, extraction, development, operation, production, construction, alteration, repair or improvement of, in, under or on
such property and the plugging and abandonment of wells located thereon (it being understood that, in the case of oil and gas producing properties, or any interest therein, costs incurred for “development” shall include costs incurred for
all facilities relating to such properties or to projects, ventures or other arrangements of which such properties form a part or which relate to such properties or interests); (ii) Liens on an oil or gas producing property to secure
obligations incurred or guarantees of obligations incurred in connection with or necessarily incidental to commitments for the purchase or sale of, or the transportation or distribution of, the products derived from such property; (iii) Liens
arising under partnership agreements, oil and gas leases, overriding royalty agreements, joint operating agreements or similar agreements, net profits agreements, production payment agreements, royalty trust agreements, incentive compensation
programs on terms that are reasonably customary in the oil and gas business for geologists, geophysicists and other providers of technical services to any of the Loan Parties, master limited partnership agreements, farm-out agreements, farm-in
agreements, division orders, contracts for the sale, purchase, exchange, transportation, gathering or processing of oil, gas or other hydrocarbons, unitizations and pooling designations, declarations, orders and agreements, development agreements,
operating agreements, production sales contracts, area of mutual interest agreements, gas balancing or deferred production agreements, injection, repressuring and recycling agreements, salt water or other disposal agreements, seismic or geophysical
permits or agreements, and other agreements which are customary in the oil and gas business; provided, however, that in all instances such Liens are limited to the assets that are the subject of the relevant agreement, program, order
or contract; and (iv) Liens on pipelines or pipeline facilities that arise by operation of law. 

“Order” shall have the meaning specified in Section 2.9.9 [Liability for Acts and Omissions].

 “Original Closing Date” shall mean May 7, 2010. 

“Other Lender Provided Financial Service Product” shall mean agreements or other arrangements under which
any Lender or Affiliate of a Lender provides any of the following products or services to any of the Loan Parties: (a) credit cards, (b) credit card processing services, (c) debit cards, (d) purchase cards, (e) ACH
transactions, (f) cash management, including controlled disbursement, accounts or services, or (g) foreign currency exchange. 
 “Other Taxes” shall mean all present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies arising from any payment made hereunder or under
any other Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Loan Document. 
 “Participant” shall have the meaning specified in Section 11.8.4 [Participations]. 

  
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 “Participation Advance” shall have the meaning specified in
Section 2.9.3 [Participations, Disbursements, Reimbursement]. 
 “Partnership Interests”
shall have the meaning given to such term in Section 6.1.2 [Subsidiaries]. 
 “Patent, Trademark and
Copyright Security Agreement” shall mean the Patent, Trademark and Copyright Security Agreement, dated as of the Original Closing Date, executed and delivered by each of the Loan Parties to the Collateral Trustee for the benefit of the
Secured Parties. 
 “Payment Date” shall mean the first Business Day of each calendar quarter
after the date hereof and on the Expiration Date or upon termination of the Commitments. 
 “Payment In
Full” shall mean the indefeasible payment in full in cash of the Loans and other Obligations under the Loan Documents, termination of the Commitments and expiration or termination of all Letters of Credit (or, with respect to any Letters of
Credit with an expiration date that extends beyond the Expiration Date, the cash collateralization of such Letter of Credit pursuant to Section 2.9.10 [Cash Collateral Prior to the Expiration Date]). 

“PBGC” shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV
of ERISA or any successor. 
 “Pension Act” shall mean the Pension Protection Act of 2006, as
amended from time to time. 
 “Pension Funding Rules” shall mean the rules of the Code and ERISA
regarding minimum required contributions (including any installment payment thereof) to Pension Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act, Section 412 of the Code and
Section 302 of ERISA, each as in effect prior to the Pension Act and, thereafter, Section 412, 430, and 432 of the Code and Sections 302, 303, and 305 of ERISA. 

“Pension Plan” shall mean any “employee pension benefit plan” (as such term is defined in
Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by Borrower or any ERISA Affiliate or to which Borrower or any ERISA Affiliate contributes or has an obligation to
contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any times during the immediately preceding five plan years. 

“Permitted Acquisitions” shall have the meaning assigned to such term in Section 8.2.6
[Liquidations, Mergers, Consolidations, Acquisitions]. 
 “Permitted Coal Properties
Disposition” shall mean any disposition of coal reserves or other property or assets related to coal mining or operations with an aggregate value not to exceed $1,750,000,000 from and after the Closing Date. 

  
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 “Permitted Gas Properties Disposition” shall have the
meaning assigned to such term in Section 8.2.7(x) [Dispositions of Assets and Subsidiaries]. 

“Permitted Investments” shall mean: 

(i) direct obligations of the United States of America or any agency or instrumentality thereof or obligations backed by
the full faith and credit of the United States of America; 
 (ii) commercial paper (A) rated not lower than
A-1, by Standard & Poor’s or P-1 by Moody’s on the date of acquisition or (B) issued by any of (x) the Administrative Agent, (y) the Syndication Agent, or (z) any Lender; 

(iii) demand deposits, time deposits or certificates of deposit and other obligations issued by any of (w) the
Administrative Agent, (x) the Syndication Agent, (y) any Lender, or (z) any other domestic or foreign commercial bank that has stockholders equity of $100,000,000 or more on the date of acquisition; 

(iv) obligations of any foreign government or obligations that possess a guaranty of the full faith and credit of any
foreign government; 
 (v) obligations of any United States government-sponsored enterprises, federal agencies or
federal financing banks that are not otherwise authorized, including, but not limited to, the following: 
 (x)
United States government-sponsored enterprises such as instrumentalities of the Federal Credit System (Bank for Cooperatives, Federal Land Banks), Federal Home Loan Banks and Federal National Mortgage Association; and 

(y) Federal agencies such as instrumentalities of the Department of Housing and Urban Development (Federal Housing
Administration, Government National Mortgage Association), Export-Import Bank, Farmers Home Administration and Tennessee Valley Authority; 
 (vi) obligations of states, counties, and municipalities of the United States; 
 (vii) debt obligations (other than commercial paper obligations) of domestic or foreign corporations; 
 (viii) preferred stock obligations with a floating rate dividend that is reset periodically at auction; 
 (ix) investments in repurchase agreements collateralized by any of the above securities eligible for outright purchase, provided the collateral is delivered to a bank custody account in accordance
with the terms of a written repurchase agreement with a dealer or bank; and 

  
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 (x) investments in shares of institutional mutual funds whose investment
policies are essentially in agreement with the above type and criteria for investments otherwise set forth in this definition of “Permitted Investments,” 
 provided that investments described in clauses (i), (iv), (v), (vi), (vii), (viii), (ix) and (x) above are restricted to obligations rated no lower than A-3 or P-1 by Moody’s or A-
or A-1 by Standard & Poor’s. 
 “Permitted Liens” shall mean: 

(i) Liens for Taxes, assessments, or similar charges, incurred in the ordinary course of business and which are not yet
due and payable or the validity of which are being contested in good faith by appropriate proceedings and as to which appropriate reserves have been established in accordance with GAAP; 

(ii) pledges, deposits or bonds made in the ordinary course of business to secure payment of reclamation liabilities or
workmen’s compensation, or to participate in any fund in connection with workmen’s compensation, unemployment insurance, old-age pensions or other social security programs (including pledges or deposits of cash securing Letters of Credit
that secure payment of such workmen’s compensation, unemployment insurance, old-age pensions or other social security programs); 
 (iii) Liens of mechanics, materialmen, warehousemen, carriers, or other like Liens (including any other statutory nonconsensual or common law Liens), securing obligations incurred in the ordinary course
of business that are not yet due and payable and Liens of landlords securing obligations to pay lease payments that are not yet due and payable or in default (including pledges or deposits of cash securing Letters of Credit that secure such Liens of
landlords securing obligations to make lease payments that are not yet due and payable or in default) or, with respect to any of the foregoing, that are being contested in good faith by appropriate proceedings and as to which appropriate reserves
have been established in accordance with GAAP; 
 (iv) good-faith pledges or deposits made or other Liens granted
in the ordinary course of business to secure performance of bids, tenders, contracts (other than for the repayment of borrowed money) or leases, not in excess of the aggregate amount due thereunder or other amounts as may be customary, or to secure
statutory obligations, or surety, appeal, indemnity, performance or other similar bonds required in the ordinary course of business (including pledges or deposits of cash securing Letters of Credit that secure such performance of bids, tenders,
contracts (other than for the repayment of borrowed money) or leases, not in excess of the aggregate amount due thereunder or other amounts as may be customary, or that secure such statutory obligations, or such surety, appeal, indemnity,
performance or other similar bonds required in the ordinary course of business); 
 (v) encumbrances consisting
of zoning restrictions, licenses, easements or other restrictions on the use of real property, none of which materially impairs the use of such property or the value thereof, and none of which is violated in any material respect by existing or
proposed structures or land use; 

  
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 (vi) Liens, security interests and mortgages in favor of the Collateral
Trustee for the benefit of the Secured Parties or Liens and security interests in favor of the Administrative Agent for the benefit of the Lenders, in each case securing (a) the Obligations including liabilities under any Specified Swap
Agreement and (b) the Secured Debt; 
 (vii) Purchase Money Security Interests and Liens on property leased
by any Loan Party under capital leases securing obligations of such Loan Party to the lessor under such leases, provided that the aggregate amount of Indebtedness secured by such Liens shall not exceed the amount of Indebtedness permitted by
Section 8.2.1(iii) [Indebtedness]; 
 (viii) any Lien existing on the date of this Agreement and described
on Schedule 1.1(P); 
 (ix) (a) any Lien securing obligations in an aggregate amount not to exceed
$20,000,000, provided, however, that such Lien shall no longer be permitted if it shall not be terminated within a period of thirty (30) days after any Responsible Officer of any Loan Party becomes aware of the existence thereof
or (b) Liens securing obligations in an aggregate amount not to exceed $20,000,000 that have been outstanding longer than thirty (30) days after any Responsible Officer of any Loan Party becomes aware of the existence thereof so long as
the Loan Parties are using their best efforts to diligently terminate such Lien; 
 (x) Liens and security
interests in favor of an Issuing Lender for the benefit of the Lenders securing Letter of Credit Obligations with respect to such Letters of Credit that have an expiration date that extends beyond the Expiration Date; 

(xi) Liens to secure obligations under the Permitted Receivables Financing, in those Accounts or contracts giving rise to
Accounts of the Borrower or any Loan Party or of the Securitization Subsidiary, which Accounts or contracts giving rise to Accounts are either to be sold by the Borrower or any Loan Party to the Securitization Subsidiary as part of the Permitted
Receivables Financing or that are an asset of the Securitization Subsidiary; 
 (xii) Liens, securing
Indebtedness up to $250,000,000 in the aggregate at any time outstanding, consisting of (a) Liens on stock or assets permitted to be acquired pursuant to Sections 8.2.4 [Loans and Investments] and 8.2.6 [Liquidations, Mergers, Consolidations,
Acquisitions] incurred at the time of such acquisition of such stock or assets (or within one year thereof) to finance the acquisition of such stock or assets, and (b) Liens existing on any assets at the date of acquisition of such assets, as
such acquisition is permitted by Sections 8.2.4 [Loans and Investments] and 8.2.6 [Liquidations, Mergers, Consolidations, Acquisitions], in each case as refinanced, extended, renewed or refunded, provided that, the amount of Indebtedness
secured thereby is not increased when so refinanced, extended, renewed or refunded and that no additional assets become subject to such Liens; 

  
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 (xiii) statutory and common law banker’s Liens and rights of setoff on
bank deposits; 
 (xiv) any Lien arising out of the refinancing, extension, renewal or refunding of any
Indebtedness secured by any Lien that is permitted by clauses (viii), (xv) or (xx), provided that such Indebtedness is not increased when so refinanced, extended, renewed or refunded and that no additional assets become subject to such
Liens other than replacements or substitutions permitted by the agreement creating such Lien; 
 (xv) Liens, not
otherwise permitted by any other clause of this definition of Permitted Liens, that are subordinated to the Liens on the Collateral that secure the Obligations pursuant to an intercreditor agreement reasonably satisfactory to the Administrative
Agent; provided that the amount of Indebtedness secured shall not exceed the amount permitted by Section 8.2.1(viii) [Indebtedness]; 
 (xvi) Liens upon real or personal property other than the Collateral, including any attachment of personal property or real property or other legal process prior to adjudication of a dispute on the
merits, (A) if the validity or amount thereof is being contested in good faith by appropriate and lawful proceedings diligently conducted so long as levy and execution thereon have been stayed or bonded and continue to be stayed or bonded,
(B) if a final judgment is entered and such judgment is discharged within thirty (30) days of entry, or (C) the payment of which is covered in full (subject to customary deductible) by insurance; 

(xvii) Liens arising out of final judgments, awards, or orders not constituting an Event of Default; 

(xviii) precautionary filings under the UCC by a lessor with respect to personal property leased to such Person under an
operating lease; 
 (xix) Liens on the equity interests or assets of any of the Excluded Subsidiaries or any
Person who is not a Subsidiary of Borrower, other than Loan Parties’ equity interests in CNX Gas; 
 (xx)
Liens existing as of the Closing Date on any of the Excluded Properties; 
 (xxi) [Reserved]; 

(xxii) Liens on the Baltimore Dock Facility securing Indebtedness up to $150,000,000 in the aggregate; 

(xxiii) option agreements and rights of first refusal granted with respect to assets that are permitted to be disposed of
pursuant to the terms of Section 8.2.7 [Dispositions of Assets or Subsidiaries]; 
 (xxiv) [Reserved];

  
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 (xxv) any leases of assets permitted by Section 8.2.7 [Disposition of
Assets or Subsidiaries]; 
 (xxvi) Oil and Gas Liens, in each case which are not incurred in connection with the
borrowing of money, the obtaining of advances or credit or the payment of the deferred purchase price of property (other than trade accounts payable arising in the ordinary course of business); 

(xxvii) Liens resulting from the deposit of funds or evidences of Indebtedness in trust for the purpose of decreasing or
legally defeasing Indebtedness of the Loan Parties permitted hereby so long as such decrease or defeasance is not prohibited hereby; 
 (xxviii) rights granted to CNX Gas and its Subsidiaries under and pursuant to that certain Master Cooperation and Safety Agreement dated August 1, 2005 among CNX Gas, the Borrower and certain other
parties; and 
 (xxix) Liens securing Swap Agreements that are in effect immediately prior to the Original
Closing Date and that are not Specified Swap Agreements. 
 “Permitted Receivables Financing”
shall mean (i) the Receivables Purchase Agreement, or (ii) any replacement of the Receivables Purchase Agreement consisting of a transaction or series of transactions pursuant to which the Securitization Subsidiary purchases Accounts and
related rights or contracts giving rise to Accounts from any Loan Party and finances such Accounts through the issuance of Indebtedness or equity interests or through the sale of such Accounts; provided, with respect to clause (i) or
(ii) above in the case of clauses (a) through (f) below and with respect to clause (ii) above in the case of clause (g) below, that (a) the Borrower shall have determined in good faith that such Permitted Receivables
Financing is economically fair and reasonable to the Borrower and each other Loan Party, (b) all sales of Accounts to the Securitization Subsidiary are made at fair market value (as determined in good faith by the Borrower), (c) the
provisions thereof shall be market terms (as determined in good faith by the Borrower), (d) no portion of the Indebtedness of the Securitization Subsidiary is guaranteed by or is recourse to the Borrower or any of the other Loan Parties (other
than recourse for customary representations, warranties, covenants and indemnities, none of which shall related to the collectability of such Accounts), (e) neither the Borrower nor any of the other Loan Parties has any obligation to maintain
or preserve such Securitization Subsidiary’s financial condition, (f) the aggregate “capital” or other liabilities of the Securitization Subsidiary under the transaction shall not exceed $250,000,000, and (g) such
transaction shall otherwise be under terms no less favorable to the Securitization Subsidiary and the Loan Parties than the terms of the Receivables Purchase Agreement. 

“Person” shall mean any individual, corporation, partnership, limited liability company, association,
joint-stock company, trust, unincorporated organization, joint venture, Official Body, or any other entity. 

“Plan” shall mean at any time an employee pension benefit plan (including a Pension Plan) which is
covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any number of ERISA Group 

  
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members for employees of any member of the ERISA Group or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the ERISA
Group for employees of any entity which was at such time a member of the ERISA Group. 
 “Pledge
Agreement” shall mean the Amended and Restated Pledge Agreement, dated as of the Original Closing Date, executed and delivered by each of the Loan Parties to the Collateral Trustee for the benefit of the Secured Parties. 

“Pledged Collateral” shall mean all of the property described as “Pledged Collateral” in the
Pledge Agreement. 
 “PNC” shall mean PNC Bank, National Association, its successors and
assigns. 
 “Potential Default” shall mean any event or condition which with notice, passage of
time, or any combination of the foregoing, would constitute an Event of Default. 
 “Prime Rate”
shall mean the interest rate per annum announced from time to time by the Administrative Agent at its Principal Office as its then prime rate, which rate may not be the lowest or most favorable rate then being charged to commercial borrowers or
others by the Administrative Agent. Any change in the Prime Rate shall take effect at the opening of business on the day such change is announced. 
 “Principal Office” shall mean the main banking office of the Administrative Agent in Pittsburgh, Pennsylvania. 

“Prior Security Interest” shall mean a valid and enforceable perfected first-priority security interest
under the Uniform Commercial Code in the UCC Collateral and the Pledged Collateral which is subject only to Liens for Taxes not yet due and payable to the extent such prospective tax payments are given priority by statute or Purchase Money Security
Interests as permitted hereunder. 
 “Proved Gas Reserves” shall mean the proved Gas reserves
owned by any of the Loan Parties. 
 “Published Rate” shall mean the rate of interest published
each Business Day in The Wall Street Journal “Money Rates” listing under the caption “London Interbank Offered Rates” for a one month period (or, if no such rate is published therein for any reason, then the Published Rate
shall be the rate at which U.S. dollar deposits are offered by leading banks in the London interbank deposit market for a one month period as published in another publication selected by the Administrative Agent). 

“Purchase Money Security Interest” shall mean Liens upon tangible personal property securing loans to any
Loan Party or deferred payments by such Loan Party for the purchase of such tangible personal property. 

  
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 “Ratable Share” shall mean the proportion that a
Lender’s Commitment (excluding the Swing Loan Commitment) bears to the Commitments (excluding the Swing Loan Commitment) of all of the Lenders. If the Commitments have terminated or expired, the Ratable Shares shall be determined based upon the
Commitments (excluding the Swing Loan Commitment) most recently in effect, giving effect to any assignments. 

“Real Property” shall mean, individually as the context requires, the real property (other than the
Excluded Properties) that is owned or leased by any Loan Party, including, but not limited to the surface, Coal, methane gas and other mineral rights, interests and coal leases associated with the properties described on Schedule 1.1(R)
(other than the Excluded Properties), and “Real Property” shall mean, collectively, as the context requires, all of the foregoing but shall not include any asset that shall have been released, pursuant to Sections 10.10
[Authorization to Release Collateral or Guarantors; Certain Amendments] or 11.1.4 [Release of Collateral] from the Liens created in connection with this Agreement. 

“Receivables Purchase Agreement” shall mean collectively, (i) that certain Amended and Restated
Receivables Purchase Agreement, dated as of April 30, 2007 (as modified, amended, restated, supplemented, refinanced, extended, renewed, increased or otherwise modified from time to time, but not replaced), by and among CNX Funding, the
Borrower, the Sub-Servicers (as defined therein), the conduit purchasers party thereto, the purchaser agents party thereto, the financial institutions from time to time parties thereto, and PNC, and (ii) that certain Purchase and Sale
Agreement, dated as of April 30, 2003 (as modified, amended, restated, supplemented, refinanced, extended, renewed, increased or otherwise modified from time to time, but not replaced), by and among the Borrower, as the servicer, CNX Funding,
CONSOL Energy Sales Company, CONSOL of Kentucky Inc., Consol Pennsylvania Coal Company LLC, Consolidation Coal Company, Island Creek Coal Company, Windsor Coal Company, McElroy Coal Company, Keystone Coal Mining Corporation, Eighty-Four Mining
Company, and CNX Marine Terminals Inc. 
 “Refinance” shall mean, in respect of any
Indebtedness, to refinance, extend, renew, refund, repay, prepay, redeem, replace, defease or retire, or to issue other Indebtedness in exchange or replacement for, such Indebtedness; provided, however, that “Refinance” shall
not include (i) any increase in the amount of such Indebtedness or (ii) any change in the terms or conditions of such Indebtedness that is materially more restrictive on any Loan Party party to such Indebtedness.
“Refinanced” and “Refinancing” shall have correlative meanings. 

“Regulation U” shall mean Regulation U, T or X as promulgated by the Board of Governors of the Federal
Reserve System, as amended from time to time. 
 “Reimbursement Obligation” shall have the
meaning assigned to such term in Section 2.9.3.2 [Participations, Disbursements, Reimbursement]. 

“Related Parties” shall mean, with respect to any Person, such Person’s Affiliates and the partners,
directors, officers, employees, agents and advisors of such Person and of such Person’s Affiliates. 

  
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 “Release” shall mean any spilling, leaking, pumping,
pouring, emitting, emptying, discharge, injecting, escaping, leaching, dumping, disposing, depositing or migration into the Environment, or into, from or through any building or structure. 

“Reportable Event” shall mean a reportable event described in Section 4043 of ERISA and regulations
thereunder with respect to a Plan or Multiemployer Plan. 
 “Required Lenders” shall mean
Lenders (other than any Defaulting Lender) having more than 50% of the aggregate amount of the Revolving Credit Commitments of the Lenders (excluding any Defaulting Lender) or, after the termination of the Revolving Credit Commitments, the
outstanding Revolving Credit Loans and Ratable Share of Letter of Credit Obligations of the Lenders (excluding any Defaulting Lender). 
 “Required Mining Permits” shall mean all permits, licenses, authorizations, plans, approvals and bonds necessary under the applicable Laws for the Loan Parties to continue to conduct coal
mining and related operations on, in or under such parties’ real property, and any and all other mining properties owned or leased by the Borrower or any such Loan Party (collectively “Mining Property”) substantially in the
manner as such operations had been authorized immediately prior to such Loan Party’s acquisition of its interests in such real property and as may be necessary for such Loan Party to conduct, in all material respects, coal mining and related
operations on, in or under the Mining Property as described in any plan of operation. 
 “Required
Share” shall have the meaning assigned to such term in Section 5.11 [Settlement Date Procedures]. 

“Responsible Officer” shall mean each of the chief executive officer, president, chief financial officer
and treasurer of each Loan Party. 
 “Revolving Availability Period” shall mean the period from
and including the Closing Date to but excluding the earlier of the Expiration Date and the date of termination of the Revolving Credit Commitments. 
 “Revolving Credit Commitment” shall mean, as to any Lender at any time, the amount initially set forth opposite its name on Schedule 1.1(B) in the column labeled “Amount of
Commitment for Revolving Credit Loans,” as such Commitment is thereafter assigned pursuant to an Assignment and Assumption Agreement, and “Revolving Credit Commitments” shall mean the aggregate Revolving Credit Commitments of
all of the Lenders. 
 “Revolving Credit Loans” shall mean collectively and “Revolving
Credit Loan” shall mean separately all Revolving Credit Loans or any Revolving Credit Loan made by the Lenders or one of the Lenders to the Borrower pursuant to Section 2.1 [Revolving Credit Commitments] or 2.9.3 [Participations,
Disbursements, Reimbursement]. 
 “Revolving Credit Notes” shall mean collectively and
“Revolving Credit Note” shall mean separately all the Revolving Credit Notes of the Borrower in the form of Exhibit 1.1(R) evidencing the Revolving Credit Loans. 

  
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 “Revolving Exposure” shall mean, with respect to any Lender
at any time, the sum of the outstanding principal amount of such Lender’s Revolving Credit Loans and its Letter of Credit Obligations and Swingline Exposure at such time. 

“Revolving Facility Usage” shall mean at any time the sum of the outstanding Revolving Credit Loans, the
outstanding Swing Loans, and the Letter of Credit Obligations. 
 “Secured Debt” shall have the
meaning set forth in the Collateral Trust Agreement, as such definition may be amended from time to time. 

“Secured Parties” shall mean, collectively, the Collateral Trustee, the Administrative Agent, the Lenders
and any provider of a Specified Swap Agreement or Other Lender Provided Financial Service Product. 

“Securitization Subsidiary” shall mean CNX Funding, which is a Subsidiary of the Borrower (all of the
outstanding equity interests of which, other than de minimis preferred stock and director’s qualifying shares, if any, are owned, directly or indirectly, by the Borrower), or a special purpose vehicle established for the limited
purpose of acquiring and financing Accounts and contracts giving rise to Accounts of the Borrower or any Loan Party and engaging in activities ancillary thereto, all in connection with the transactions contemplated by the Permitted Receivables
Financing. 
 “Security Agreement” shall mean the Amended and Restated Security Agreement, dated
as of the Original Closing Date, executed and delivered by each of the Loan Parties to the Collateral Trustee for the benefit of the Secured Parties. 
 “Security Documents” shall mean, collectively, the Collateral Trust Agreement, the Security Agreement, the Pledge Agreement, the Mortgages, the Ship Mortgages, the Patent, Trademark and
Copyright Security Agreement, the control agreements required by the Security Agreement and each other security document or pledge agreement delivered in accordance with applicable local or foreign Law to grant a valid, perfected security interest
in any property as Collateral for the Obligations, and all UCC or other financing statements or instruments of perfection required by this Agreement or any other such security document or pledge agreement to be filed with respect to the security
interests in property and fixtures created pursuant to any document or instrument utilized to pledge or grant or purport to pledge or grant a security interest or lien on any property as Collateral for the Obligations, and amendments, supplements or
joinders to the foregoing. 
 “Senior Notes (2010)” shall mean $1.5 billion aggregate principal
amount of 8.00% senior notes due 2017 and $1.25 billion aggregate principal amount of 8.25% senior notes due 2020 of the Borrower outstanding on the Closing Date. 

“Senior Notes (2010) Indentures” shall mean the indentures for the Senior Notes (2010), each dated
April 1, 2010, among the Borrower, certain of its Subsidiaries, and The Bank of Nova Scotia Trust Company of New York, as trustee. 

  
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 “Senior Notes (2011)” shall mean $250.0 million aggregate
principal amount of 6.375% senior notes due 2021 of the Borrower outstanding on the Closing Date. 

“Senior Notes (2011) Indenture” shall mean the indenture for the Senior Notes (2011), dated
March 9, 2011, among the Borrower, certain of its Subsidiaries, and The Bank of Nova Scotia Trust Company of New York, as trustee. 
 “Senior Secured Leverage Ratio” shall mean the ratio of Secured Debt to Consolidated EBITDA. For purposes of calculating the Senior Secured Leverage Ratio, Secured Debt shall be
determined as of the end of each fiscal quarter of the Borrower and Consolidated EBITDA shall be determined as of the end of each fiscal quarter of the Borrower for the four fiscal quarters then ended. 

“Settlement Date” shall mean the Business Day on which the Administrative Agent elects to effect
settlement pursuant to Section 5.11 [Settlement Date Procedures]. 
 “Ship Mortgages” shall
mean collectively and “Ship Mortgage” shall mean separately all ship mortgages or any ship mortgage, in a form acceptable to the Administrative Agent, with respect to vessels registered by the Loan Parties with the U.S. Coast Guard,
executed and delivered by certain of the Loan Parties to the Collateral Trustee for the benefit of the Secured Parties. 
 “Solvent” shall mean, with respect to any Person on any date of determination, taking into account such right of reimbursement, contribution or similar right available to such Person from
other Persons, that on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair saleable value of the assets of such
Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or
liabilities beyond such Person’s ability to pay such debts and liabilities as they mature, (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s
property would constitute an unreasonably small capital, and (e) such Person is able to pay its debts and liabilities, contingent obligations and other commitments as they mature in the ordinary course of business. 

“Specified Swap Agreement” shall mean (i) any Swap Agreement entered into by (a) any Loan Party
and (b) any Lender or any Affiliate thereof, or any Person that was a Lender or an Affiliate thereof when such Swap Agreement was entered into as counterparty, or (ii) any Swap Agreement in effect immediately prior to the Closing Date
entered into by (a) any Loan Party and (b) any Person if such Person or its Affiliate was a Lender on the Closing Date; provided that the designation of any Swap Agreement as a Specified Swap Agreement shall not create in favor of
any Lender or Affiliate thereof that is a party thereto any rights in connection with the management or release of any Collateral or of any obligations of any Loan Party under any of the Loan Documents. 

“Specified Swap Agreement Provider” shall have the meaning assigned to that term in Section 9.2.5.2
[Collateral Trust Agreement]. 

  
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 “Standard & Poor’s” shall mean
Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc. 

“Standby Letter of Credit” shall mean a Letter of Credit issued to support obligations of one or more of
the Loan Parties, contingent or otherwise, which finance the working capital and business needs of the Loan Parties incurred in the ordinary course of business. 
 “Subsidiary” of any Person at any time shall mean (i) any corporation or trust of which more than 50% (by number of shares or number of votes) of the outstanding capital stock or
shares of beneficial interest normally entitled to vote for the election of one or more directors or trustees (regardless of any contingency which does or may suspend or dilute the voting rights) is at such time owned directly or indirectly by such
Person or one or more of such Person’s Subsidiaries, (ii) any partnership of which such Person is a general partner or of which more than 50% of the partnership interests is at the time directly or indirectly owned by such Person or one or
more of such Person’s Subsidiaries, (iii) any limited liability company of which such Person is a member and of which more than 50% of the limited liability company interests is at the time directly or indirectly owned by such Person or
one or more of such Person’s Subsidiaries or (iv) any corporation, trust, partnership, limited liability company or other entity which is controlled by such Person or one or more of such Person’s Subsidiaries. 

“Subsidiary Shares” shall have the meaning assigned to that term in Section 6.1.2 [Subsidiaries].

 “Successor Agent Agreement” shall mean the Successor Agent Agreement, dated as of the date
hereof among Wilmington Trust Company, a Delaware banking corporation, the Collateral Trustee and the Loan Parties. 
 “Super-Majority Lenders” shall mean, at any time, Lenders having in the aggregate Revolving Exposures and unused Revolving Credit Commitments representing more than 75% of the sum of the
total Revolving Exposures and unused Revolving Credit Commitments at such time. 
 “Swap
Agreement” shall mean any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt
instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar
plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or any of the Loan Parties shall be a “Swap Agreement.” 

“Swap Transaction” shall mean any transaction pursuant to any Swap Agreement. 

“Swingline Exposure” shall mean, at any time, the aggregate principal amount of all Swing Loans
outstanding at such time. The Swingline Exposure of any Lender at any time shall be its Ratable Share of the total Swingline Exposure at such time. 

  
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 “Swing Loan Commitment” shall mean PNC’s commitment to
make Swing Loans to the Borrower pursuant to Section 2.1.2 [Swing Loan Commitment] in an aggregate principal amount up to $50,000,000. 
 “Swing Loan Note” shall mean the Amended and Restated Swing Loan Note of the Borrower in the form of Exhibit 1.1(N) evidencing the Swing Loans. 

“Swing Loan Request” shall mean a request for Swing Loans made in accordance with Section 2.5.2
[Swing Loan Requests]. 
 “Swing Loans” shall mean collectively and “Swing
Loan” shall mean separately all Swing Loans or any Swing Loan made by PNC to the Borrower pursuant to Section 2.1.2 [Swing Loan Commitment]. 
 “Syndication Agent” shall mean Bank of America, N.A. and its successors and assigns. 
 “Taxes” shall mean all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments, fees or other charges imposed by any Official Body, including any interest,
additions to tax or penalties applicable thereto. 
 “Threshold Amount” shall mean $75,000,000.

 “UCC Collateral” shall mean the property of the Loan Parties in which security interests are
granted under the Security Agreement. 
 “Uniform Commercial Code” shall mean the Uniform
Commercial Code as in effect in each applicable jurisdiction or other applicable Law entitled to all the rights, benefits and priorities provided by the Uniform Commercial Code or such Law. 

“United States or U.S.” shall mean the United States of America. 

“USA Patriot Act” shall mean the Uniting and Strengthening America by Providing Appropriate Tools
Required to Intercept and Obstruct Terrorism Act of 2001, Public Law 107-56, as the same has been, or shall hereafter be, renewed, extended, amended or replaced. 
 1.2 Construction. 
 Unless the context of this Agreement otherwise clearly
requires, the following rules of construction shall apply to this Agreement and each of the other Loan Documents: (i) references to the plural include the singular, the plural, the part and the whole and the words “include,”
“includes” and “including” shall be deemed to be followed by the phrase “without limitation”; (ii) the words “hereof,” “herein,” “hereunder,” “hereto” and similar terms in
this Agreement or any other Loan Document refer to this Agreement or such other Loan Document as a whole; (iii) article, section, subsection, clause, schedule and exhibit references are to this Agreement or other Loan Document, as the case may
be, unless otherwise specified; (iv) reference to any Person includes such Person’s successors and assigns; (v) unless otherwise provided, reference to any 

  
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agreement, including this Agreement and any other Loan Document together with the schedules and exhibits hereto or thereto, document, instrument, order, declaration, understanding or other
arrangement means such agreement, document, instrument, order, declaration, understanding or other arrangement as amended, restated, supplemented, modified, extended, renewed, refunded, superseded, substituted for, replaced, refinanced or increased
in whole or in part from time to time; (vi) relative to the determination of any period of time, “from” means “from and including,” “to” means “to but excluding,” and “through” means
“through and including”; (vii) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash,
securities, accounts and contract rights; (viii) section headings herein and in each other Loan Document are included for convenience and shall not affect the interpretation of this Agreement or such Loan Document; and (ix) unless
otherwise specified, all references herein to times of day shall be references to Eastern Time. 
 1.3 Accounting
Principles. Except as otherwise provided in this Agreement, all computations and determinations as to accounting or financial matters and all financial statements to be delivered pursuant to this Agreement shall be made and prepared in
accordance with GAAP (including principles of consolidation where appropriate), and all accounting or financial terms shall have the meanings ascribed to such terms by GAAP; provided, however, that all accounting terms used in
Section 8.2 [Negative Covenants] (and all defined terms used in the definition of any accounting term used in Section 8.2 [Negative Covenants] shall have the meaning given to such terms (and defined terms) under GAAP as in effect on the
date hereof applied on a basis consistent with those used in preparing the Historical Statements referred to in Section 6.1.7(i) [Historical Statements]. In the event of any change after the date hereof in GAAP, and if such change would result
in the inability to determine compliance with the financial covenants set forth in Section 8.2 [Negative Covenants] based upon the Borrower’s regularly prepared financial statements by reason of the preceding sentence, then the parties
hereto agree to endeavor, in good faith, to agree upon an amendment to this Agreement that would adjust such financial covenants in a manner that would not affect the substance thereof, but would allow compliance therewith to be determined in
accordance with the Borrower’s financial statements at that time, provided that, until so amended such financial covenants shall continue to be computed in accordance with GAAP prior to such change therein. 

1.4 Valuations. Whenever this Agreement requires the determination of the monetary value of “other consideration”, a
Guaranty, “other obligations” or an Investment and the computation method to determine such monetary value is not already addressed by GAAP, (i) the monetary value of “other consideration” or an Investment of tangible
property shall be calculated as the fair market value of such consideration or tangible property, (ii) the monetary value of any Guaranty at any time of a fixed monetary obligation shall be the amount of such fixed monetary obligation at such
time, (iii) the monetary value of any Guaranty of a fixed stream of monetary obligations at any time shall be the present value of the remaining amounts of such stream of monetary obligations at such time discounted at a rate equal to the
Borrower’s cost of funds at such time, (iv) the monetary value of a Guaranty of performance or of contingent liabilities at any time shall be the amount which, in light of all the facts and circumstances existing at the time, represent the
amount which would reasonably be expected to become an actual or matured monetary obligation or liability of the Person making such Guaranty determined by such Person 

  
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in good faith, or (v) the monetary value of “other obligations”, contingent or otherwise, at any time shall be the amount which, in light of all the facts and circumstances
existing at the time, represent the amount which would reasonably be expected to become an actual or matured monetary obligation or liability of the Person who is obligated for such “other obligations”. 

2. REVOLVING CREDIT AND SWING LOAN FACILITIES 
 2.1 Revolving Credit Commitments. 
 2.1.1 Revolving
Credit Loans. 
 Subject to the terms and conditions hereof and relying upon the representations and
warranties herein set forth, each Lender severally agrees to make Revolving Credit Loans to the Borrower at any time or from time to time on or after the date hereof to the Expiration Date; provided that after giving effect to each such Loan
(i) the aggregate amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the Letter of Credit Obligations and the outstanding Swing Loans,
(ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments and (iii) the aggregate amount of Indebtedness (as defined in the Senior Notes (2011) Indenture) under this Agreement and the CNX Gas Credit Agreement
shall not exceed the Applicable Senior Notes Indenture Cap; provided, further, that (x) at the Administrative Agent’s request, the Borrower shall provide the Administrative Agent calculations and supporting information
reasonably satisfactory to the Administrative Agent showing compliance with clause (iii) and (y) notwithstanding the foregoing clause (x), the Administrative Agent shall have no obligation to request such calculation or information or to
determine compliance with clause (iii), and shall be fully entitled to assume (without any further investigation) that each borrowing of Revolving Credit Loans complies with clause (iii) if the Borrower makes a Loan Request for such borrowing.
Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1.1. 

2.1.2 Swing Loan Commitment. 

Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in
order to facilitate loans and repayments between Settlement Dates, PNC may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after
the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $50,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving
Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

 2.2 Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. 

Each Lender shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.5 [Revolving Credit
Loan Requests; Swing Loan Requests] in accordance with its Ratable Share. The aggregate of each Lender’s Revolving Credit Loans outstanding 

  
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hereunder to the Borrower at any time shall never exceed its Revolving Credit Commitment minus its Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations. The obligations
of each Lender hereunder are several. The failure of any Lender to perform its obligations hereunder shall not affect the Obligations of the Borrower to any other party nor shall any other party be liable for the failure of such Lender to perform
its obligations hereunder. The Lenders shall have no obligation to make Revolving Credit Loans hereunder on or after the Expiration Date. 
 2.3 Commitment Fees. 
 Accruing from the date hereof until the Expiration
Date, the Borrower agrees to pay to the Administrative Agent for the account of each Lender according to its Ratable Share, a nonrefundable commitment fee (the “Commitment Fee”) equal to the Applicable Commitment Fee Rate (computed
on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) multiplied by the average daily difference between the amount of (i) the Revolving Credit Commitments (for purposes of this computation, PNC’s Swing
Loans shall not be deemed to be borrowed amounts under its Revolving Credit Commitment) and (ii) the Revolving Facility Usage; provided, however, that any Commitment Fee accrued with respect to the Revolving Credit Commitment of a
Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such Commitment
Fee shall otherwise have been due and payable by the Borrower prior to such time; and provided further that no Commitment Fee shall accrue with respect to the Revolving Commitment of a Defaulting Lender so long as such Lender shall be a
Defaulting Lender. Subject to the proviso in the directly preceding sentence, all Commitment Fees shall be payable in arrears on each Payment Date. 
 2.4 Voluntary Commitment Reduction. 
 The Borrower shall have the right any
time and from time to time, without premium or penalty, upon three (3) Business Days’ prior written, irrevocable notice to the Administrative Agent to permanently reduce, in whole multiples of $5,000,000 of principal, or terminate the
Revolving Credit Commitments; provided that any such reduction or termination shall be accompanied by (a) the payment in full of any Commitment Fee then accrued on the amount of such reduction or termination and (b) the prepayment
of the Revolving Credit Loans, together with the full amount of interest accrued on the principal sum to be prepaid (and all amounts referred to in Section 5.10 [Indemnity] hereof), to the extent that the Revolving Facility Usage exceeds the
Revolving Credit Commitment as so reduced or terminated, and provided further that the Revolving Credit Commitments may not be reduced below the Revolving Facility Usage. Each reduction of Revolving Credit Commitments shall pro-ratably reduce
the Revolving Credit Commitments of the Lenders. From the effective date of any such reduction or termination the obligations of Borrower to pay the Commitment Fee pursuant to Section 2.3 [Commitment Fees] shall correspondingly be reduced or
cease. 
 2.5 Revolving Credit Loan Requests; Swing Loan Requests. 

  
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 2.5.1 Revolving Credit Loan Requests. 

Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request the Lenders
to make Revolving Credit Loans, or renew or convert the Interest Rate Option applicable to existing Revolving Credit Loans pursuant to Section 4.2 [Interest Periods], by delivering to the Administrative Agent, not later than 11:00 a.m.,
(i) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of Revolving Credit Loans to which the LIBOR Rate Option applies or the conversion to or the renewal of the LIBOR Rate Option for any Loans; and
(ii) the same Business Day of the proposed Borrowing Date with respect to the making of a Revolving Credit Loan to which the Base Rate Option applies or the last day of the preceding Interest Period with respect to the conversion to the Base
Rate Option for any Loan, of a duly completed request therefor substantially in the form of Exhibit 2.5.1 or a request by telephone immediately confirmed in writing by letter, facsimile or telex in such form (each, a “Loan
Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Loan Request shall be irrevocable
and shall specify or certify, as applicable (i) the proposed Borrowing Date; (ii) the aggregate amount of the proposed Loans comprising each Borrowing Tranche, which amount shall be in (x) an integral multiple of $1,000,000 and not
less than $5,000,000 for each Borrowing Tranche under the LIBOR Rate Option, and (y) an integral multiple of $50,000 and not less than the lesser of $500,000 or the maximum amount available for Borrowing Tranches to which the Base Rate Option
applies; (iii) whether the LIBOR Rate Option or Base Rate Option shall apply to the proposed Loans comprising the applicable Borrowing Tranche; and (iv) in the case of a Borrowing Tranche to which the LIBOR Rate Option applies, an
appropriate Interest Period for the Loans comprising such Borrowing Tranche. 
 2.5.2 Swing Loan Requests.

 Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request
PNC to make Swing Loans by delivery to PNC not later than 2:00 p.m. on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.5.2 hereto or a request by telephone immediately confirmed in
writing by letter, facsimile or telex (each, a “Swing Loan Request”), it being understood that PNC may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written
confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be in integral multiples of $50,000 and shall be not less than $100,000. 

2.6 Making Revolving Credit Loans and Swing Loans; Presumptions by the Administrative Agent; Repayment of Loans. 

2.6.1 Making Revolving Credit Loans. 

The Administrative Agent shall, promptly after receipt by it of a Loan Request pursuant to Section 2.5.1 [Revolving
Credit Loan Requests], notify the Lenders of its receipt of such Loan Request specifying the information provided by the Borrower and the apportionment among the Lenders of the requested Revolving Credit Loans as determined by the Administrative

  
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Agent in accordance with Section 2.2 [Nature of Lenders’ Obligations with Respect to Revolving Credit Loans]. Each Lender shall remit the principal amount of each Revolving Credit Loan
to the Administrative Agent such that the Administrative Agent is able to, and the Administrative Agent shall, to the extent the Lenders have made funds available to it for such purpose and subject to Section 7.2 [Each Additional Loan or Letter
of Credit], fund such Revolving Credit Loans to the Borrower in U.S. Dollars and immediately available funds at the Principal Office prior to 2:00 p.m., on the applicable Borrowing Date; provided that if any Lender fails to remit such funds
to the Administrative Agent in a timely manner, the Administrative Agent may elect in its sole discretion to fund with its own funds the Revolving Credit Loans of such Lender on such Borrowing Date, and such Lender shall be subject to the repayment
obligation in Section 2.6.2 [Presumptions by the Administrative Agent]. 
 2.6.2 Presumptions by the
Administrative Agent. 
 Unless the Administrative Agent shall have received notice from a Lender prior to
1:00 p.m. on the proposed date of any Loan that such Lender will not make available to the Administrative Agent such Lender’s share of such Loan, the Administrative Agent may assume that such Lender has made such share available on such date in
accordance with Section 2.6.1 [Making Revolving Credit Loans] and may, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Loan
available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such
amount is made available to the Borrower to but excluding the date of payment to the Administrative Agent, at (i) in the case of a payment to be made by such Lender, the greater of the Federal Funds Effective Rate and a rate determined by the
Administrative Agent in accordance with banking industry rules on interbank compensation and (ii) in the case of a payment to be made by the Borrower, the interest rate applicable to Loans under the Base Rate Option. If such Lender pays its
share of the applicable Loan to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Lender that shall have
failed to make such payment to the Administrative Agent. 
 2.6.3 Making Swing Loans. 

So long as PNC elects to make Swing Loans, PNC shall, after receipt by it of a Swing Loan Request pursuant to
Section 2.5.2 [Swing Loan Requests], fund such Swing Loan to the Borrower in U.S. Dollars and immediately available funds at the Principal Office prior to 3:00 p.m. on the Borrowing Date. 

2.6.4 Repayment of Loans. 
 The Borrower shall repay all Loans together with all outstanding interest thereon on the Expiration Date. 
 2.7 Notes. 

  
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 If requested by any Lender, the obligation of the Borrower to repay the aggregate unpaid
principal amount of the Revolving Credit Loans or Swing Loans made to it by such Lender, together with interest thereon, shall be evidenced by a Revolving Credit Note or a Swing Loan Note, as applicable, dated the Closing Date payable to the order
of such Lender in a face amount equal to the Revolving Credit Commitment or Swing Loan Commitment, as applicable, of such Lender. 
 2.8 Use of Proceeds. The proceeds of the Loans shall be used in accordance with Section 8.1.8 [Use of Proceeds]. 
 2.9 Letter of Credit Subfacility. 
 2.9.1 Issuance of
Letters of Credit. 
 2.9.1.1 On the Closing Date, the outstanding Letters of Credit previously issued by PNC as
an “Issuing Lender” under the 2010 Credit Agreement that are set forth on Schedule 2.9 (the “Existing Letters of Credit”) will automatically, without any action on the part of any Person, be deemed to be
Letters of Credit issued hereunder for the account of the Borrower for all purposes of this Agreement and the other Loan Documents. In addition, subject to the terms and conditions of this Agreement, Borrower may request the issuance of a letter of
credit (each a “Letter of Credit”) on behalf of itself or another Loan Party or any Affiliate thereof by delivering or having such other Loan Party or such Affiliate deliver to an Issuing Lender (with a copy to the Administrative
Agent) a completed application and agreement for letters of credit and other Issuer Documents in such form as such Issuing Lender may specify from time to time by no later than 11:00 a.m., at least three (3) Business Days, or such shorter
period as may be agreed to by such Issuing Lender, in advance of the proposed date of issuance. The Borrower shall be a co-applicant and a co-obligor with respect to each Letter of Credit issued for the account of any other Loan Party or such
Affiliate, in which case each of the co-applicants and co-obligors will have joint and several liability with respect to any such Letter of Credit. The Issuing Lender and the Lenders shall be permitted to seek reimbursement of any LC Disbursement
directly from the Borrower and shall have no obligation to pursue any action against any co-applicant. Letters of Credit may be issued in the form of a Standby Letter of Credit or a Commercial Letter of Credit. Letters of Credit shall only be issued
in U.S. Dollars. For the avoidance of doubt, the Loan Parties acknowledge that each Letter of Credit issued for the account of Persons other than the Loan Parties (even though the Borrower is a co-applicant thereon) shall constitute an Investment
and Guaranty, without duplication, and shall be subject to the limitations set forth herein. 
 Promptly after
receipt of any letter credit application, the applicable Issuing Lender shall confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of such Letter of Credit application from the Borrower
and, if not, such Issuing Lender shall provide the Administrative Agent with a copy of the application and all of the Issuer Documents. Unless such Issuing Lender has received written notice from any Lender, the Administrative Agent or any Loan
Party, at least one (1) Business Day prior to the requested date of issuance or amendment of the applicable Letter of Credit, that one or more applicable conditions contained in this Agreement shall not then be satisfied, then, such Issuing

  
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Lender may issue the applicable Letter of Credit in accordance with its standard customs and practices and such Letter of Credit shall constitute a “Letter of Credit” hereunder.

 Promptly after its delivery of any Letter of Credit to an advising bank with respect thereto or to the
beneficiary thereof, the applicable Issuing Lender will also deliver to the Borrower and the Administrative Agent a true and complete copy of such Letter of Credit. 

2.9.1.2 The Borrower may make a request for the issuance of Letters of Credit from any Issuing Lender, at Borrower’s
election, at any time and from time to time during the Revolving Availability Period. Subject to the terms and conditions hereof and in reliance on the agreements of the other Lenders set forth in this Section 2.9, such Issuing Lender or any of
the Issuing Lender’s Affiliates will issue, amend, extend or renew a Letter of Credit; provided that after giving effect to such issuance, amendment, extension or renewal: 

(i) each Letter of Credit shall expire at or prior to the close of business on the earlier of (A) the date
twenty-four (24) months from the date of issuance; provided that any such Letter of Credit may automatically renew if such Letter of Credit has an automatic renewal feature set forth in the terms thereof, unless the applicable Issuing
Lender or Issuing Lender’s Affiliate gives notice of non-renewal of such Letter of Credit, or (B) a date that is ten (10) Business Days prior to the Expiration Date; provided that any Letter of Credit scheduled to expire after
the Expiration Date is subject to the requirements in Section 2.9.10 [Cash Collateral Prior to the Expiration Date]; and 
 (ii) the Letter of Credit Obligations shall not exceed the amount of the total Revolving Credit Commitments minus the Loans. 
 Notwithstanding the foregoing, no Issuing Lender shall be required to issue any Letter of Credit if a default of any Lender’s obligations to fund under Section 2.9.3.2(i) [Participations,
Disbursements, Reimbursement] exists or any Lender is at such time a Defaulting Lender hereunder, unless such Issuing Lender has entered into satisfactory arrangements with the Borrower or such Lender to eliminate such Issuing Lender’s risk
with respect to such Lender. 
 In the event of any inconsistency between the terms and conditions of this
Agreement and the terms and conditions of any Issuer Documents, relating to any Letter of Credit, the terms and conditions of this Agreement shall control. No Issuing Lender shall amend any Letter of Credit if such Issuing Lender would not be
permitted at such time to issue such Letter of Credit in the amended form under the terms hereof. 
 2.9.2
Letter of Credit Fees. 
 2.9.2.1 Letter of Credit Fees. 

With respect to each Letter of Credit, the Borrower shall pay to the Administrative Agent for the ratable account
(determined based upon Ratable Share) of the Lenders a fee (the “Letter of Credit Fee”) equal to the Applicable Letter of Credit Fee Rate, per annum, then in effect (computed on the basis of a year of 360 days and actual days
elapsed) on the aggregate daily amount available to be drawn under the Letters of Credit (if any Letters of Credit shall 

  
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increase in amount automatically in the future, such amount available to be drawn shall currently give effect to any such future increase), payable in arrears on each Payment Date. 

2.9.2.2 Fronting Fees. 
 In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee equal to 0.125% per annum (computed on the basis of a year of 360 days and actual days elapsed), which
fees shall be computed on the daily average amount available to be drawn under such Issuing Lender’s Letters of Credit outstanding (if any such Letters of Credit shall increase in amount automatically in the future, such amount available to be
drawn shall currently give effect to any such future increase) and shall be payable in arrears on each Payment Date. 
 2.9.2.3 Customary Fees and Expenses. 
 The Borrower shall
also pay to the Administrative Agent for each Issuing Lender’s sole account such Issuing Lender’s then in effect customary fees and administrative expenses payable with respect to the Letters of Credit issued by such Issuing Lender, all as
such Issuing Lender may generally charge or incur from time to time in connection with the issuance, maintenance, extension, renewal, amendment, modification (if any), assignment or transfer (if any), negotiation, and administration of Letters of
Credit. For each Commercial Letter of Credit, the Borrower shall pay to each Issuing Lender for its own account, a negotiation fee of 0.25% of each draw on each Letter of Credit issued by such Issuing Lender, payable at the time of the drawing.

 2.9.3 Participations, Disbursements, Reimbursement. 

2.9.3.1 Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and
unconditionally agrees to, purchase from the Issuing Lender thereof a participation in such Letter of Credit (including the Existing Letters of Credit) and, without duplication, each drawing thereunder in an amount equal to such Lender’s
Ratable Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively. 
 2.9.3.2 In the event of any request for a drawing under a Letter of Credit by the beneficiary or transferee thereof, the applicable Issuing Lender shall promptly notify the Administrative Agent and the
Borrower, provided that any failure of such Issuing Lender to promptly notify the Borrower shall not release the Borrower from its Reimbursement Obligation. The Borrower shall reimburse such Issuing Lender, in immediately available funds, in
an amount equal to the amount so paid by such Issuing Lender (such obligation to reimburse such Issuing Lender shall sometimes be referred to as a “Reimbursement Obligation”). Each Reimbursement Obligation shall be received by such
Issuing Lender prior to 12:00 noon, on the date that an amount is paid by such Issuing Lender under any Letter of Credit (each such date, a “Drawing Date”), unless the Borrower was not provided with notice of a Letter of Credit
drawing prior to such time (in which case, the Reimbursement Obligation shall be paid promptly upon notice from such Issuing Lender). In the event the Borrower (or any other account party) fails to reimburse such Issuing Lender for the full amount
of any drawing under any Letter of Credit by 12:00 noon (or upon notice from the applicable Issuing 

  
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Lender if the Borrower was not provided written notice of a Letter of Credit drawing prior to such time) on the Drawing Date: 

(i) with respect to a failure to reimburse any amount drawn under a Letter of Credit, such Issuing Lender will promptly
notify, in writing, the Administrative Agent (who in turn will notify each Lender) of the applicable LC Disbursement, the payment then due from the Borrower in respect thereof and such Lender’s Ratable Share thereof. The Borrower shall be
deemed to have requested that Revolving Credit Loans be made by the Lenders under the Base Rate Option to be disbursed on the Drawing Date with respect to such Letter of Credit, subject to the conditions set forth in Section 7.2 [Each
Additional Loan or Letter of Credit] other than any notice requirements. Any notice given by the Administrative Agent pursuant to this Section 2.9.3.2 may be oral if immediately confirmed in writing; provided that the lack of such an
immediate confirmation shall not affect the conclusiveness or binding effect of such notice. Each Lender shall upon any notice pursuant to this Section 2.9.3.2 make available to the Administrative Agent, for the account of such Issuing Lender,
an amount in immediately available funds equal to its Ratable Share of the amount of the drawing, whereupon the participating Lenders shall (subject to Section 2.9.3.2(ii)) each be deemed to have made a Revolving Credit Loan under the Base Rate
Option to the Borrower in that amount and the Reimbursement Obligation shall be deemed fulfilled. If any Lender so notified fails to make available to the Administrative Agent for the account of the Administrative Agent the amount of such
Lender’s Ratable Share of such amount by no later than 2:00 p.m., on the Drawing Date, then interest shall accrue on such Lender’s obligation to make such payment, from the Drawing Date to the date on which such Lender makes such payment
(i) at a rate per annum equal to the Federal Funds Effective Rate during the first three days following the Drawing Date and (ii) at a rate per annum equal to the rate applicable to Loans under the Base Rate Option on and after the fourth
day following the Drawing Date. The Administrative Agent will promptly give notice of the occurrence of the Drawing Date, but failure of the Administrative Agent to give any such notice on the Drawing Date or in sufficient time to enable any Lender
to effect such payment on such date shall not relieve such Lender from its obligation under this subparagraph (i). 
 (ii) with respect to any unreimbursed drawing under a Letter of Credit that is not converted into Revolving Credit Loans under the Base Rate Option to the Borrower in whole or in part as contemplated by
Section 2.9.3.2(i), because of the Borrower’s failure to satisfy the conditions set forth in Section 7.2 [Each Additional Loan or Letter of Credit], other than any notice requirements, or for any other reason, the Borrower shall be
deemed to have incurred from the Administrative Agent a borrowing (each a “Letter of Credit Borrowing”) in the amount of such drawing and the Reimbursement Obligation shall be deemed fulfilled. Such Letter of Credit Borrowing shall
be due and payable on demand (together with interest) and shall bear interest at the rate per annum applicable to the Revolving Credit Loans under the Base Rate Option. Each Lender’s payment to the Administrative Agent pursuant to this
Section 2.9.3.2 shall be paid to the applicable Issuing Lender and be deemed to be a payment in respect of its participation in such Letter of Credit Borrowing and shall constitute a “Participation Advance” from such Lender in
satisfaction of its participation obligation under subparagraph (i). 

  
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 2.9.4 Repayment of Participation Advances. 

2.9.4.1 Upon receipt by the Administrative Agent for its account of immediately available funds from the Borrower
(i) in reimbursement of any payment made by the Administrative Agent under a Letter of Credit with respect to which any Lender has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment
made by the Administrative Agent under such a Letter of Credit, the Administrative Agent will pay to each Lender, in the same funds as those received by the Administrative Agent, the amount of such Lender’s Ratable Share of such funds, except
the Administrative Agent shall retain the amount of the Ratable Share of such funds of any Lender that did not make a Participation Advance in respect of such payment by the Administrative Agent. 

2.9.4.2 If such Issuing Lender or the Administrative Agent is required at any time to return to any Loan Party, or to a
trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to the Administrative Agent pursuant to Section 2.9.4.1 in reimbursement of a payment made under a Letter
of Credit or interest or fee thereon, each Lender shall, on demand of the Administrative Agent or such Issuing Lender, forthwith return to the Administrative Agent or such Issuing Lender the amount of its Ratable Share of any amounts so returned by
the Administrative Agent or such Issuing Lender plus interest thereon from the date such demand is made to the date such amounts are returned by such Lender to the Administrative Agent or such Issuing Lender, as the case may be, at a rate per annum
equal to the Federal Funds Effective Rate in effect from time to time. 
 2.9.5 Documentation. 

Each Loan Party agrees to be bound by the terms of such Issuing Lender’s Issuer Documents and written regulations and
customary practices relating to letters of credit, though such interpretation may be different from such Loan Party’s own. In the event of a conflict between Issuer Documents and this Agreement, this Agreement shall govern. It is understood and
agreed that, except in the case of gross negligence or willful misconduct, each Issuing Lender shall not be liable for any error, negligence and/or mistakes, whether of omission or commission, in following any Loan Party’s instructions or those
contained in the Letters of Credit or any modifications, amendments or supplements thereto. 
 2.9.6
Determinations to Honor Drawing Requests. 
 In determining whether to honor any request for drawing under
any Letter of Credit by the beneficiary thereof, the applicable Issuing Lender shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply
on their face with the requirements of such Letter of Credit. 
 2.9.7 Nature of Participation and
Reimbursement Obligations. 
 Each Lender’s obligation in accordance with this Agreement with respect to
Letters of Credit and the Obligations of the Borrower to reimburse each respective Issuing Lender 

  
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upon a draw under a Letter of Credit shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 [Letter of Credit
Subfacility] under all circumstances, including the following circumstances: 
 (i) any set-off, counterclaim,
recoupment, defense or other right which such Lender may have against any Issuing Lender or any of its Affiliates, the Borrower or any other Person for any reason whatsoever; 

(ii) with respect to Letters of Credit, the failure of any Loan Party or any other Person to comply, in connection with a
Letter of Credit Borrowing, with the conditions set forth in Section 2.1 [Revolving Credit Commitments], 2.5.1 [Revolving Credit Loan Requests], 2.5.2 [Swing Loan Requests] or 7.2 [Each Additional Loan or Letter of Credit] or as otherwise set
forth in this Agreement for the making of a Revolving Credit Loan, it being acknowledged that such conditions are not required for the making of a Letter of Credit Borrowing and the obligation of the Lenders to make Participation Advances under
Section 2.9.3 [Participations, Disbursements, Reimbursement]; 
 (iii) any lack of validity or
enforceability of any Letter of Credit; 
 (iv) any claim of breach of warranty that might be made by any Loan
Party or any Lender against any beneficiary of a Letter of Credit, or the existence of any claim, set-off, recoupment, counterclaim, crossclaim, defense or other right which any Loan Party or any Lender may have at any time against a beneficiary,
successor beneficiary any transferee or assignee of any Letter of Credit or the proceeds thereof (or any Persons for whom any such transferee may be acting), any Issuing Lender or its Affiliates or any Lender or any other Person or, whether in
connection with this Agreement, the transactions contemplated herein or any unrelated transaction (including any underlying transaction between any Loan Party or Subsidiaries of a Loan Party and the beneficiary for which any Letter of Credit was
procured); 
 (v) the lack of power or authority of any signer of (or any defect in or forgery of any signature
or endorsement on) or the form of or lack of validity, sufficiency, accuracy, enforceability or genuineness of any draft, demand, instrument, certificate or other document presented under or in connection with any Letter of Credit, or any fraud or
alleged fraud in connection with any Letter of Credit, or the transport of any property or provisions of services relating to a Letter of Credit, in each case even if such Issuing Lender or any of such Issuing Lender’s Affiliates has been
notified thereof; 
 (vi) payment by such Issuing Lender or any of its Affiliates under any Letter of Credit
against presentation of a demand, draft or certificate or other document which does not comply with the terms of such Letter of Credit; 
 (vii) the solvency of, or any acts or omissions by, any beneficiary of any Letter of Credit, or any other Person having a role in any transaction or obligation relating to a Letter of Credit, or the
existence, nature, quality, quantity, condition, value or other characteristic of any property or services relating to a Letter of Credit; 

  
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 (viii) any failure by such Issuing Lender or any of such Issuing
Lender’s Affiliates to issue any Letter of Credit in the form requested by any Loan Party, unless such Issuing Lender has received written notice from such Loan Party of such failure within three (3) Business Days after such Issuing Lender
shall have furnished such Loan Party a copy of such Letter of Credit and such error is material and no drawing has been made thereon prior to receipt of such notice and such Letter of Credit has been returned to such Issuing Lender for reissuance;

 (ix) any adverse change in the business, operations, properties, assets, condition (financial or otherwise) or
prospects of any Loan Party or Subsidiaries of a Loan Party; 
 (x) any breach of this Agreement or any other
Loan Document by any party thereto; 
 (xi) the occurrence or continuance of an Insolvency Proceeding with
respect to any Loan Party; 
 (xii) the fact that an Event of Default or a Potential Default shall have occurred
and be continuing; 
 (xiii) the fact that the Expiration Date shall have passed or this Agreement or the
Commitments hereunder shall have been terminated; and 
 (xiv) any other circumstance or happening whatsoever,
whether or not similar to any of the foregoing. 
 2.9.8 Indemnity. 

In addition to amounts payable as provided in Section 11.3.2 [Indemnification by the Borrower], the Borrower hereby
agrees to protect, indemnify, pay and save harmless each Issuing Lender, in its capacity as issuer of a Letter of Credit, and any of such Issuing Lender’s Affiliates that has issued a Letter of Credit from and against any and all claims,
demands, liabilities, damages, Taxes as provided for pursuant to Section 5.9 [Taxes], penalties, interest, judgments, losses, costs, charges and expenses (including reasonable out-of-pocket fees, expenses and disbursements of counsel) which
each Issuing Lender or any of such Issuing Lender’s Affiliates may incur or be subject to as a consequence, direct or indirect, of the issuance of any Letter of Credit issued by it, other than as a result of (A) the gross negligence or
willful misconduct of such Issuing Lender as determined by a final judgment of a court of competent jurisdiction or (B) the wrongful dishonor by such Issuing Lender or any of such Issuing Lender’s Affiliates of a proper demand for payment
made under any Letter of Credit, except if such dishonor resulted from any act or omission, whether rightful or wrongful, of any present or future de jure or de facto government or governmental authority. 

  
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 2.9.9 Liability for Acts and Omissions. 

As between any Loan Party and an Issuing Lender, or such Issuing Lender’s Affiliates, such Loan Party assumes all
risks of the acts and omissions of, or misuse of the Letters of Credit by, the respective beneficiaries of such Letters of Credit. In furtherance and not in limitation of the foregoing, no Issuing Lender shall be responsible for any of the following
including any losses or damages to any Loan Party or other Person or property relating therefrom: (i) the form, validity, sufficiency, accuracy, genuineness or legal effect of any document (including all sight drafts, certificates and all other
instruments) submitted by any party in connection with any such Letter of Credit, even if it should in fact prove to be in any or all respects invalid, insufficient, inaccurate, fraudulent or forged (even if such Issuing Lender or such Issuing
Lender’s Affiliates shall have been notified thereof); (ii) the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or assign any such Letter of Credit or the rights or benefits thereunder or
proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason; (iii) the failure of the beneficiary of any such Letter of Credit, or any other party to which such Letter of Credit may be transferred, to
comply fully with any conditions required in order to draw upon such Letter of Credit or any other claim of any Loan Party against any beneficiary of such Letter of Credit, or any such transferee, or any dispute between or among any Loan Party and
any beneficiary of any Letter of Credit or any such transferee; (iv) errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex or otherwise, whether or not they be in cipher;
(v) errors in interpretation of technical terms; (vi) any loss or delay in the transmission or otherwise of any document required in order to make a drawing under any such Letter of Credit or of the proceeds thereof; (vii) the
misapplication by the beneficiary of any such Letter of Credit of the proceeds of any drawing under such Letter of Credit; or (viii) any consequences arising from causes beyond the control of such Issuing Lender or such Issuing Lender’s
Affiliates, as applicable, including any acts of any Official Body, and none of the above shall affect or impair, or prevent the vesting of, any of such Issuing Lender’s or such Issuing Lender’s Affiliates rights or powers hereunder.
Nothing in the preceding sentence shall relieve any Issuing Lender from liability for (a) such Issuing Lender’s gross negligence or willful misconduct in connection with actions or omissions described in clauses (i) through
(viii) of such sentence or (b) with respect to any damages suffered by any Loan Party that such Loan Party proves were caused by such Issuing Lender’s willful failure to pay under any Letter of Credit after the presentation to it by
the beneficiary of a sight draft and certificate(s) strictly complying with the terms and conditions of a Letter of Credit. In no event shall any Issuing Lender or any Issuing Lender’s Affiliates be liable to any Loan Party for any indirect,
consequential, incidental, punitive, exemplary or special damages or expenses (including without limitation attorneys’ fees), or for any damages resulting from any change in the value of any property relating to a Letter of Credit. 

Without limiting the generality of the foregoing, each Issuing Lender and each of its Affiliates (i) may rely on any
oral or other communication believed in good faith by such Issuing Lender or such Affiliate to have been authorized or given by or on behalf of the applicant for a Letter of Credit, (ii) may honor any presentation if the documents presented
appear on their face substantially to comply with the terms and conditions of the relevant Letter of Credit; (iii) may honor a previously dishonored presentation under a Letter of Credit, whether such dishonor was pursuant to a court order, to
settle or compromise any claim of wrongful dishonor, or 

  
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otherwise, and shall be entitled to reimbursement to the same extent as if such presentation had initially been honored, together with any interest paid by such Issuing Lender or its Affiliate;
(iv) may honor any drawing that is payable upon presentation of a statement advising negotiation or payment, upon receipt of such statement (even if such statement indicates that a draft or other document is being delivered separately), and
shall not be liable for any failure of any such draft or other document to arrive, or to conform in any way with the relevant Letter of Credit; (v) may pay any paying or negotiating bank claiming that it rightfully honored under the laws or
practices of the place where such bank is located; and (vi) may settle or adjust any claim or demand made on such Issuing Lender or its Affiliate in any way related to any order issued at the applicant’s request to an air carrier, a letter
of guarantee or of indemnity issued to a carrier or any similar document (each an “Order”) and honor any drawing in connection with any Letter of Credit that is the subject to such Order, notwithstanding that any drafts or other
documents presented in connection with such Letter of Credit fail to conform in any way with such Letter of Credit. In furtherance and extension and not in limitation of the specific provisions set forth above, any action taken or omitted by each
Issuing Lender or such Issuing Lender’s Affiliates under or in connection with the Letters of Credit issued by it, the Issuer Documents or any documents and certificates delivered thereunder, if taken or omitted in good faith, shall not put
such Issuing Lender or such Issuing Lender’s Affiliates under any resulting liability to the Borrower or any Lender, unless such action taken or omitted is found in a final and nonappealable judgment by a court of competent jurisdiction to have
constituted gross negligence or willful misconduct. 
 2.9.10 Cash Collateral Prior to the Expiration
Date. 
 If any Letter of Credit is outstanding and such Letter of Credit (as it may have previously been
extended) will have an expiration date which is after the Expiration Date, then the Borrower shall, on or before the issuance, extension or renewal of such Letter of Credit, deposit and pledge Cash Collateral for each such Letter of Credit in an
amount equal to 105% of the face value of such outstanding Letter of Credit plus the amount of fees that would be due under such Letter of Credit through the expiry date of such Letter of Credit. Such Cash Collateral shall be deposited pursuant to
documentation reasonably satisfactory to the Administrative Agent and such Issuing Lender and the Borrower and shall be maintained in blocked deposit accounts at such Issuing Lender. The Borrower hereby grants to the applicable Issuing Lender a
security interest in all Cash Collateral pledged to such Issuing Lender pursuant to this Section or otherwise under this Agreement. The Cash Collateral related to a particular Letter of Credit shall be released by the applicable Issuing Lender upon
termination or expiration of such Letter of Credit and the reimbursement by the Loan Parties of all amounts drawn thereon and the payment in full of all fees accrued thereon through the date of such expiration or termination. After the Expiration
Date, the Borrower shall pay any and all fees associated with any such Letter of Credit with an expiration date that extends beyond the Expiration Date directly to the applicable Issuing Lender. 

2.10 Borrowings to Repay Swing Loans. 
 PNC may, at its option, exercisable at any time for any reason whatsoever, demand repayment of the Swing Loans, and each Lender shall make a Revolving Credit Loan in an amount equal to such Lender’s
Ratable Share of the aggregate principal amount of the outstanding Swing 

  
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Loans, plus, if PNC so requests, accrued interest thereon, provided that no Lender shall be obligated in any event to make Revolving Credit Loans in excess of its Commitment minus its Ratable
Share of the Letter of Credit Obligations and Swing Loans. Revolving Credit Loans made pursuant to the preceding sentence shall bear interest at the Base Rate Option and shall be deemed to have been properly requested in accordance with
Section 2.5.1 [Revolving Credit Loan Requests] without regard to any of the requirements of that provision. The Administrative Agent on behalf of PNC shall provide notice to the Lenders (which may be telephonic or written notice by letter,
facsimile or telex) no later than 11:00 a.m. on any Business Day that such Revolving Credit Loans are to be made under this Section 2.10 and of the apportionment among the Lenders, and the Lenders shall be unconditionally obligated to fund such
Revolving Credit Loans (whether or not the conditions specified in Section 2.5 [Revolving Credit Loan Requests; Swing Loan Request] or Section 7.2 [Each Additional Loan or Letter of Credit] are then satisfied) to the Administrative Agent
on behalf of PNC, no later than 3:00 p.m., on the Settlement Date. 
 2.11 Increase in Revolving Credit Commitments. 

 (i) Increasing Lenders and New Lenders. The Borrower may, up to two times prior to the Expiration Date, request
that (1) the current Lenders (each a “Current Lender”) increase their Revolving Credit Commitments (any Current Lender which elects to increase its Revolving Credit Commitment shall be referred to as an “Increasing
Lender”) and/or (2) one or more new lenders (each a “New Lender”) join this Agreement and provide a Revolving Credit Commitment hereunder, subject to the following terms and conditions: 

(A) No Obligation to Increase. No Current Lender shall be obligated to increase its Revolving Credit Commitment,
and any increase in the Revolving Credit Commitment of any Current Lender shall be in the sole discretion of such Current Lender; 
 (B) Defaults. There shall exist no Event of Default or Potential Default on the effective date of such increase and after giving effect to such increase; 

(C) Increase in and Aggregate Amount of Revolving Credit Commitments. The amount of the increase in Revolving
Credit Commitments is at least $100,000,000. The increases in the Revolving Credit Commitments made from time to time pursuant to this Section shall not exceed $250,000,000 in the aggregate; 

(D) Resolutions; Opinion; Mortgage Amendments. The Loan Parties shall deliver to the Administrative Agent on or
before the effective date of such increase the following documents in a form reasonably acceptable to the Administrative Agent: (1) certifications of their corporate secretaries with attached resolutions certifying that the increase in the
Revolving Credit Commitment has been approved by such Loan Parties, (2) an opinion of counsel, which at Borrower’s option, may be in-house counsel, addressed to the Administrative Agent and the Lenders addressing the authorization,
execution and enforceability of the Loan Documents executed in connection with such increase in the Revolving Credit Commitments, and (3) amendments to the Mortgages and Ship Mortgages executed and delivered by the applicable Loan Parties to
the Collateral Trustee for the benefit of the Secured Parties to reflect the increase in Revolving Credit Commitments, in form and substance reasonably satisfactory to the Administrative Agent. The

  
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Loan Parties shall cause the amendments described in clause (3) to be properly recorded and/or filed in the applicable filing or recording offices. Notwithstanding the preceding, with
respect to each Mortgage existing as of the effective date of such increase, if there shall be delivered to the Administrative Agent, for the benefit of the Secured Parties, a written opinion of local counsel in the jurisdiction in which Real
Property subject to such Mortgage is located substantially to the effect that no documents, instruments, filings recordings, re-recordings, re-filings or other actions, including the payment of any mortgage recording taxes or similar taxes, are
required under applicable Law in order to maintain the continued enforceability, validity or priority of the Lien created by such Mortgage as security for the Obligations, for the benefit of the Secured Parties, mortgage amendments with respect to
Mortgages for Real Property located in such jurisdiction will not be required; 
 (E) Notes. The Borrower
shall execute and deliver (1) to each Increasing Lender that requests a Revolving Credit Note, a replacement Revolving Credit Note reflecting the new amount of such Increasing Lender’s Revolving Credit Commitment after giving effect to the
increase (and the prior Note issued to such Increasing Lender shall be deemed to be terminated and shall be returned to the Borrower as soon as practicable), and (2) to each New Lender that requests a Revolving Credit Note, a Revolving Credit
Note reflecting the amount of such New Lender’s Revolving Credit Commitment; 
 (F) Approval of New
Lenders. Any New Lender shall be subject to the approval of the Administrative Agent, PNC as Issuing Lender and each other Issuing Lender with outstanding Letters of Credit, such approval not to be unreasonably withheld or delayed; 

(G) Increasing Lenders. Each Increasing Lender shall confirm its agreement to increase its Revolving Credit
Commitment pursuant to an acknowledgement in a form acceptable to the Administrative Agent, signed by it and the Borrower and delivered to the Administrative Agent before the effective date of such increase; and 

(H) New Lender Joinder. Each New Lender shall execute a New Lender Joinder pursuant to which such New Lender shall
join and become a party to this Agreement and the other Loan Documents with a Revolving Credit Commitment in the amount set forth in such New Lender Joinder. 
 (ii) Syndication. In the event that the Borrower elects to request an increase of the Revolving Credit Commitments, the Borrower and the Administrative Agent agree to mutually develop a syndication
strategy, including timelines for commitments. 
 (iii) Treatment of Outstanding Loans and Letters of
Credit. 
 (A) Repayment of Outstanding Loans; Borrowing of New Loans. On the effective date of such
increase, the Borrower shall (a) repay the Revolving Credit Loans then outstanding to each of the Current Lenders to the extent necessary so that after giving effect to the increase in the Revolving Credit Commitments each Current Lender will
have its Ratable Share of the outstanding Revolving Credit Loans, subject to the Borrower’s indemnity obligations 

  
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under Section 5.10 [Indemnity] and (b) borrow Revolving Credit Loans from Increasing Lenders and New Lenders to the extent necessary so that after giving effect to the increase in the
Revolving Credit Commitments, each such Lender will have its Ratable Share of the outstanding Revolving Credit Loans. To facilitate the foregoing, the Borrower may, subject to its compliance with the other terms of this Agreement, borrow new Loans
on the effective date of such increase. The Administrative Agent is hereby authorized to update Schedule 1.1(B) to reflect the increase in Revolving Credit Commitments. 

(B) Outstanding Letters of Credit; Repayment of Outstanding Loans; Borrowing of New Loans. On the effective date of
such increase, (a) each Current Lender shall be deemed to have sold its existing participation in each then outstanding Letter of Credit and purchased a participation in each then outstanding Letter of Credit equal to its Ratable Share of such
Letters of Credit, and (b) each New Lender will be deemed to have purchased a participation in each then outstanding Letter of Credit equal to its Ratable Share of such Letter of Credit. All fees shall accrue and be paid on the Letters of
Credit based upon each Lender’s participation therein over the relevant period of time. To the extent necessary to enable each of the Current Lenders and the New Lenders to own a Ratable Share of the Participation Advances after any increase in
the Revolving Credit Commitments, (a) the Current Lenders will sell a portion of its Participation Advances, and (b) the New Lenders and the Increasing Lenders will acquire Participation Advances (and will pay to the Administrative Agent,
for the account of each selling Lender, in immediately available funds, an amount) equal to its Ratable Share of all outstanding Participation Advances. All fees and interest on Participation Advances shall be allocated based upon each Lender’s
ownership therein from time to time. 
 3. RESERVED 

4. INTEREST RATES 
 4.1 Interest Rate Options. 
 The Borrower shall pay interest in respect of
the outstanding unpaid principal amount of the Loans as selected by it from the Base Rate Option or LIBOR Rate Option set forth below applicable to the Loans, it being understood that, subject to the provisions of this Agreement, the Borrower may
select different Interest Rate Options and different Interest Periods to apply simultaneously to the Loans comprising different Borrowing Tranches and may convert to or renew one or more Interest Rate Options with respect to all or any portion of
the Loans comprising any Borrowing Tranche; provided that there shall not be at any one time outstanding more than ten (10) Borrowing Tranches in the aggregate among all of the Loans and provided further that if an Event of
Default or Potential Default exists and is continuing, the Borrower may not request, convert to, or renew the LIBOR Rate Option for any Loans and the Required Lenders may demand that all existing Borrowing Tranches bearing interest under the LIBOR
Rate Option shall be converted immediately to the Base Rate Option, subject to the obligation of the Borrower to pay any indemnity under Section 5.10 [Indemnity] in connection with such conversion. If at any time the designated rate applicable
to any Loan made by any Lender exceeds such Lender’s highest lawful rate, the rate of interest on such Lender’s Loan shall be limited to such Lender’s highest lawful rate. 

  
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 4.1.1 Revolving Credit Interest Rate Options; Swing Line Interest
Rate. 
 The Borrower shall have the right to select from the following Interest Rate Options applicable to the Revolving
Credit Loans: 
 (i) Revolving Credit Base Rate Option: A fluctuating rate per annum (computed on the
basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the
Base Rate; or 
 (ii) Revolving Credit LIBOR Rate Option: A rate per annum (computed on the basis of a
year of 360 days and actual days elapsed) equal to the LIBOR Rate plus the Applicable Margin. 
 Subject to
Section 4.3 [Interest After Default], only the Base Rate Option applicable to Revolving Credit Loans shall apply to the Swing Loans. 
 4.1.2 Rate Quotations. 
 The Borrower may call the
Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders
nor affect the rate of interest which thereafter is actually in effect when the election is made. 
 4.2 Interest
Periods. 
 At any time when the Borrower shall select, convert to or renew a LIBOR Rate Option, the Borrower shall notify
the Administrative Agent thereof at least three (3) Business Days prior to the effective date of such LIBOR Rate Option by delivering a Loan Request. The notice shall specify an Interest Period during which such Interest Rate Option shall
apply. Notwithstanding the preceding sentence, the following provisions shall apply to any selection of, renewal of, or conversion to a LIBOR Rate Option: 
 4.2.1 Amount of Borrowing Tranche. 
 Each Borrowing Tranche
of Loans under the LIBOR Rate Option shall be in integral multiples of $1,000,000 and not less than $5,000,000; and 
 4.2.2 Renewals. 
 In the case of the renewal of a LIBOR Rate
Option at the end of an Interest Period, the first day of the new Interest Period shall be the last day of the preceding Interest Period, without duplication in payment of interest for such day. 

4.3 Interest After Default. 

  
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 To the extent permitted by Law, upon the occurrence of an Event of Default and until such
time such Event of Default shall have been cured or waived, and upon written demand by the Required Lenders to the Administrative Agent: 
 4.3.1 Letter of Credit Fees, Interest Rate. 
 The Letter of Credit Fees and
the rate of interest for each Loan otherwise applicable pursuant to Section 2.9.2 [Letter of Credit Fees] or Section 4.1 [Interest Rate Options], respectively, shall be increased by 2.0% per annum; 

4.3.2 Other Obligations. 
 Each other Obligation hereunder if not paid when due shall bear interest at a rate per annum equal to the sum of the rate of interest applicable under the Base Rate plus the Applicable Margin plus an
additional 2.0% per annum from the time such Obligation becomes due and payable and until it is paid in full; and 
 4.3.3 Acknowledgment. 
 The Borrower acknowledges that the increase in
rates referred to in this Section 4.3 reflects, among other things, the fact that such Loans or other amounts have become a substantially greater risk given their default status and that the Lenders are entitled to additional compensation for
such risk; and all such interest shall be payable by Borrower upon demand by Administrative Agent. 
 4.4 LIBOR Rate
Unascertainable; Illegality; Increased Costs; Deposits Not Available. 
 4.4.1 Unascertainable.

 If on any date on which a LIBOR Rate would otherwise be determined, the Administrative Agent shall have
determined that: 
 (i) adequate and reasonable means do not exist for ascertaining such LIBOR Rate, or

 (ii) a contingency has occurred which materially and adversely affects the London interbank eurodollar market
relating to the LIBOR Rate, the Administrative Agent shall have the rights specified in Section 4.4.3 [Administrative Agent’s and Lender’s Rights]. 

4.4.2 Illegality; Increased Costs; Deposits Not Available. 

If at any time any Lender shall have determined that: 

(i) the making, maintenance or funding of any Loan to which a LIBOR Rate Option applies has been made impracticable or
unlawful by compliance by such Lender in good faith with any Law or any interpretation or application thereof by any 

  
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Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or 

(ii) such LIBOR Rate Option will not adequately and fairly reflect the cost to such Lender of the establishment or
maintenance of any such Loan, or 
 (iii) after making all reasonable efforts, deposits of the relevant amount in
Dollars for the relevant Interest Period for a Loan, or to banks generally, to which a LIBOR Rate Option applies, respectively, are not available to such Lender with respect to such Loan, or to banks generally, in the interbank eurodollar market,

 then the Administrative Agent shall have the rights specified in Section 4.4.3 [Administrative Agent’s and Lender’s Rights].

 4.4.3 Administrative Agent’s and Lender’s Rights. 

In the case of any event specified in Section 4.4.1 [Unascertainable] above, the Administrative Agent shall promptly
so notify the Lenders and the Borrower thereof, and in the case of an event specified in Section 4.4.2 [Illegality; Increased Costs; Deposits Not Available] above, such Lender shall promptly so notify the Administrative Agent and endorse a
certificate to such notice as to the specific circumstances of such notice, and the Administrative Agent shall promptly send copies of such notice and certificate to the other Lenders and the Borrower. Upon such date as shall be specified in such
notice (which shall not be earlier than the date such notice is given), the obligation of (A) the Lenders, in the case of such notice given by the Administrative Agent, or (B) such Lender, in the case of such notice given by such Lender,
to allow the Borrower to select, convert to or renew a LIBOR Rate Option shall be suspended until the Administrative Agent shall have later notified the Borrower, or such Lender shall have later notified the Administrative Agent, of the
Administrative Agent’s or such Lender’s, as the case may be, determination that the circumstances giving rise to such previous determination no longer exist. If at any time the Administrative Agent makes a determination under
Section 4.4.1 [Unascertainable] and the Borrower has previously notified the Administrative Agent of its selection of, conversion to or renewal of a LIBOR Rate Option and such Interest Rate Option has not yet gone into effect, such notification
shall be deemed to provide for selection of, conversion to or renewal of the Base Rate Option otherwise available with respect to such Loans. If any Lender notifies the Administrative Agent of a determination under Section 4.4.2 [Illegality;
Increased Costs; Deposits Not Available], the Borrower shall, subject to the Borrower’s indemnification Obligations under Section 5.10 [Indemnity], as to any Loan of the Lender to which a LIBOR Rate Option applies, on the date specified in
such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 5.6 [Voluntary Prepayments]. Absent due notice from the Borrower of conversion or
prepayment, such Loan shall automatically be converted to the Base Rate Option otherwise available with respect to such Loan upon such specified date. 
 4.5 Selection of Interest Rate Options. 
 If the Borrower fails to select a
new Interest Period to apply to any Borrowing Tranche of Loans under the LIBOR Rate Option at the expiration of an existing Interest Period applicable to 

  
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such Borrowing Tranche in accordance with the provisions of Section 4.2 [Interest Periods], the Borrower shall be deemed to have converted such Borrowing Tranche to the Base Rate Option,
commencing upon the last day of the existing Interest Period. 
 5. PAYMENTS 

5.1 Payments. 
 All payments and prepayments to be made in respect of principal, interest, Commitment Fees, Letter of Credit Fees, Administrative Agent’s Fee or other fees or amounts due from the Borrower hereunder
shall be payable prior to 1:00 p.m. on the date when due without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived by the Borrower, and without set-off, counterclaim or other deduction of any nature, and an
action therefor shall immediately accrue. Such payments shall be made to the Administrative Agent at the Principal Office for the account of PNC with respect to the Swing Loans and for the ratable accounts of the Lenders with respect to the
Revolving Credit Loans in U.S. Dollars and in immediately available funds, and the Administrative Agent shall promptly distribute such amounts to the Lenders in immediately available funds; provided that in the event payments are received by
1:00 p.m. by the Administrative Agent with respect to the Loans and such payments are not distributed to the Lenders on the same day received by the Administrative Agent, the Administrative Agent shall pay the Lenders the Federal Funds Effective
Rate with respect to the amount of such payments for each day held by the Administrative Agent and not distributed to the Lenders. The Administrative Agent’s and each Lender’s statement of account, ledger or other relevant record shall, in
the absence of manifest error, be conclusive as the statement of the amount of principal of and interest on the Loans and other amounts owing under this Agreement and shall be deemed an “account stated.” 

5.2 Pro Rata Treatment of Lenders. 
 Each borrowing of Revolving Credit Loans shall be allocated to each Lender according to its Ratable Share, and each selection of, conversion to or renewal of any Interest Rate Option and each payment or
prepayment by the Borrower with respect to principal, interest, Commitment Fees, Letter of Credit Fees, or other fees (except for the Administrative Agent’s Fee and the fees payable to the Issuing Lender pursuant to Section 2.9.2.2
[Fronting Fees] or 2.9.2.3 [Customary Fees and Expenses]) or amounts due from the Borrower hereunder to the Lenders with respect to the Revolving Credit Commitments and Revolving Credit Loans, shall (except as otherwise may be provided with respect
to a Defaulting Lender and except as provided in Section 4.4.3 [Administrative Agent’s and Lender’s Rights] in the case of an event specified in Section 4.4 [LIBOR Rate Unascertainable; Etc.], 5.6.2 [Replacement of a Lender] or
5.8 [Increased Costs]) be payable ratably among the Lenders entitled to such payment in accordance with the amount of principal, interest, Commitment Fees, Letter of Credit Fees, and other fees or amounts then due to such Lender as set forth in this
Agreement. Notwithstanding any of the foregoing, each borrowing or payment or prepayment by the Borrower of principal, interest, fees or other amounts from the Borrower with respect to Swing Loans shall be made by or to PNC according to
Section 2.10 [Borrowings to Repay Swing Loans]. 
 5.3 Sharing of Payments by Lenders. 

  
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 If any Lender shall, by exercising any right of setoff, counterclaim or banker’s lien,
by receipt of voluntary payment, by realization upon security, or by any other non-pro rata source, obtain payment in respect of any principal of or interest on any of its Loans or other obligations hereunder resulting in such Lender’s
receiving payment of a proportion of the aggregate amount of its Loans and accrued interest thereon or other such obligations greater than the pro-rata amount that such Lender is entitled thereto in accordance with the amount of principal, interest,
Commitment Fees, Letter of Credit Fees, and other fees or amounts then due to such Lender in accordance with this Agreement, then the Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and
(b) purchase (for cash at face value) participations in the Loans and such other obligations of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Lenders
ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans and other amounts owing them, provided that: 

(i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such
participations shall be rescinded and the purchase price restored to the extent of such recovery, together with interest or other amounts, if any, required by Law (including court order) to be paid by the Lender or the holder making such purchase;
and 
 (ii) the provisions of this Section 5.3 shall not be construed to apply to (x) any payment made
by the Loan Parties pursuant to and in accordance with the express terms of the Loan Documents or (y) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or Participation
Advances to any assignee or participant, other than to the Borrower or any Subsidiary thereof (as to which the provisions of this Section 5.3 shall apply). 
 Each Loan Party consents to the foregoing and agrees, to the extent it may effectively do so under applicable Law, that any Lender acquiring a participation pursuant to the foregoing arrangements may
exercise against each Loan Party rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of each Loan Party in the amount of such participation. 

Any Lender that fails at any time to comply with the provisions of this Section 5.3 shall be deemed a Defaulting
Lender until such time as it performs its obligations hereunder and is not otherwise a Defaulting Lender for any other reason. A Defaulting Lender shall be deemed to have assigned any and all payments due to it from the Borrower, whether on account
of or relating to outstanding Loans, Letters of Credit, interest, fees or otherwise, to the remaining non-defaulting Lenders for application to, and reduction of, their respective Ratable Share of all outstanding Loans and other unpaid Obligations
of any of the Loan Parties. The Defaulting Lender hereby authorizes the Administrative Agent to distribute such payments to the non-defaulting Lenders in proportion to their respective Ratable Share of all outstanding Loans and other unpaid
Obligations of any of the Loan Parties to which such Lenders are entitled until, as a result of application of the assigned payments to all outstanding Loans and other unpaid Obligations of any of the Loan Parties to the non-defaulting Lenders, the
Lenders’ respective Ratable Share of all 

  
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outstanding Loans and unpaid Obligations have returned to those in effect immediately prior to such violation of this Section 5.3. 

5.4 Presumptions by Administrative Agent. 
 Unless the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or the Issuing Lender
hereunder that the Borrower will not make such payment, the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the
Issuing Lender, as the case may be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Lenders or the Issuing Lender, as the case may be, severally agrees to repay to the Administrative Agent forthwith
on demand the amount so distributed to such Lender or the Issuing Lender, with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the
greater of the Federal Funds Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 
 5.5 Interest Payment Dates. 
 Interest on Loans to which the Base Rate
Option applies shall be due and payable in arrears on each Payment Date. Interest on Loans to which the LIBOR Rate Option applies shall be due and payable on the last day of each Interest Period for those Loans and, if such Interest Period is longer
than three (3) Months, also on each date that falls every three (3) Months after the beginning of such Interest Period. Interest on the principal amount of each Loan or other monetary Obligation shall be due and payable on demand after
such principal amount or other monetary Obligation becomes due and payable (whether on the stated Expiration Date, upon acceleration or otherwise). 
 5.6 Voluntary Prepayments. 
 5.6.1 Right to Prepay.

 The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without
premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.8 [Increased Costs] and Section 5.10 [Indemnity]). Whenever the Borrower desires to prepay any part of the Loans, it shall provide a
prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans to which the LIBOR Rate Option applies or no later than 11:00 a.m. on the date of prepayment
of Swing Loans and Revolving Credit Loans to which the Base Rate Option applies, setting forth the following information: 
 (i) the date, which shall be a Business Day, on which the proposed prepayment is to be made; 
 (ii) a statement indicating the application of the prepayment between the Revolving Credit Loans and Swing Loans; 

  
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 (iii) a statement indicating the application of the prepayment between Loans
to which the Base Rate Option applies and Loans to which the LIBOR Rate Option applies; and 
 (iv) the total
principal amount of such prepayment, which shall not be less than the lesser of (x) the aggregate principal amount of all outstanding Loans or (y) $100,000 for any Swing Loan or $1,000,000 for any Revolving Credit Loan. 

All prepayment notices shall be irrevocable. The principal amount of the Loans for which a prepayment notice is given,
together with interest on such principal amount, shall be due and payable on the date specified in such prepayment notice as the date on which the proposed prepayment is to be made. Except as provided in Section 4.4.3 [Administrative
Agent’s and Lender’s Rights], if the Borrower prepays a Loan but fails to specify the applicable Borrowing Tranche which the Borrower is prepaying, the prepayment shall be applied (i) first to Swing Loans and then to Revolving Credit
Loans; and (ii) after giving effect to the allocations in clause (i) above, first to Loans to which the Base Rate Option applies, then to Loans to which the LIBOR Rate Option applies. Any prepayment hereunder shall be subject to the
Borrower’s obligation to indemnify the Lenders under Section 5.10 [Indemnity]. 
 5.6.2 Replacement
of a Lender. 
 In the event any Lender (i) gives notice under Section 4.4 [LIBOR Rate
Unascertainable, Etc.], (ii) requests compensation under Section 5.8 [Increased Costs], or requires the Borrower to pay any additional amount to any Lender or any Official Body for the account of any Lender pursuant to Section 5.9
[Taxes], (iii) is a Defaulting Lender, or (iv) is a Non-Consenting Lender referred to in Section 11.1 [Modifications, Amendments or Waivers], then in any such event the Borrower may, at its election upon notice to such Lender and the
Administrative Agent, either: 
 (i) prepay the Loans and Participation Advances of such Lender in whole,
together with all interest accrued thereon and any accrued fees and all other amounts payable to such Lender hereunder and under the other Loan Documents (including any amounts under Section 5.10 [Indemnity]), and terminate such Lender’s
Commitment; or 
 (ii) at its sole expense, require such Lender to assign and delegate, without recourse (in
accordance with and subject to the restrictions contained in, and consents required by, Section 11.8 [Successors and Assigns]), all of its interests, rights and obligations under this Agreement and the related Loan Documents to an assignee that
shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment), provided that: 
 (A) the Borrower or such assignee shall have paid to the Administrative Agent the assignment fee specified in Section 11.8 [Successors and Assigns]; 

(B) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans and
Participation Advances, accrued interest 

  
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thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 5.10 [Indemnity]) from the assignee (to the extent
of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts); 
 (C) in the case of any such assignment resulting from a claim for compensation under Section 5.8.1 [Increased Costs Generally] or payments required to be made pursuant to Section 5.9 [Taxes],
such assignment will result in a reduction in such compensation or payments thereafter; and 
 (D) such
assignment does not conflict with applicable Law. 
 A Lender shall not be required to make any such assignment
or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. Each Lender agrees that, if the Borrower elects to replace such
Lender in accordance with this Section 5.6.2, it shall promptly execute and deliver to the Administrative Agent an Assignment and Assumption Agreement to evidence the assignment and shall deliver to the Administrative Agent any Note (if Notes
have been issued in respect of such Lender’s Loans) subject to such Assignment and Assumption Agreement; provided that the failure of any such Lender to execute an Assignment and Assumption Agreement shall not render such assignment
invalid, and such assignment shall be recorded in the register if all other requirements of such assignments have been satisfied. 
 5.7 Mitigation Obligation. 
 Each Lender agrees that upon the occurrence of
any event giving rise to increased costs or other special payments under Section 4.4.2 [Illegality, Etc.], Section 5.8 [Increased Costs] or Section 5.9 [Taxes] with respect to such Lender, it will if requested by the Borrower, use
reasonable efforts (subject to overall policy considerations of such Lender) to designate another lending office for any Loans or Letters of Credit affected by such event, provided that such designation is made on such terms that such Lender
and its lending office suffer no economic, legal or regulatory disadvantage, with the object of avoiding the consequence of the event giving rise to the operation of such Section. Nothing in this Section shall affect or postpone any of the
Obligations of the Borrower or any other Loan Party or the rights of the Administrative Agent or any Lender provided in this Agreement. 
 5.8 Increased Costs. 
 5.8.1 Increased Costs
Generally. 
 If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar
requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement reflected in the LIBOR Rate) or the Issuing Lender; 

  
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 (ii) subject any Lender or the Issuing Lender to any tax of any kind
whatsoever with respect to this Agreement, any Letter of Credit, any participation in a Letter of Credit or any Loan under the LIBOR Rate Option made by it, or change the basis of taxation of payments to such Lender or the Issuing Lender in respect
thereof (except for Indemnified Taxes or Other Taxes covered by Section 5.9 [Taxes] and the imposition of, or any change in the rate of, any Excluded Tax payable by such Lender or the Issuing Lender); or 

(iii) impose on any Lender, the Issuing Lender or the London interbank market any other condition, cost or expense
affecting this Agreement or any Loan under the LIBOR Rate Option made by such Lender or any Letter of Credit or participation therein; 
 and
the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Loan under the LIBOR Rate Option (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender or the
Issuing Lender of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or the
Issuing Lender hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or the Issuing Lender, the Borrower will pay to such Lender or the Issuing Lender, as the case may be, such additional amount or amounts
as will compensate such Lender or the Issuing Lender, as the case may be, for such additional costs incurred or reduction suffered. 
 5.8.2 Capital Requirements. 
 If any Lender or the Issuing
Lender determines that any Change in Law affecting such Lender or the Issuing Lender or any lending office of such Lender or such Lender’s or the Issuing Lender’s holding company, if any, regarding capital requirements has or would have
the effect of reducing the rate of return on such Lender’s or the Issuing Lender’s capital or on the capital of such Lender’s or the Issuing Lender’s holding company, if any, as a consequence of this Agreement, the Commitments of
such Lender or the Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by the Issuing Lender, to a level below that which such Lender or the Issuing Lender or such Lender’s or the Issuing
Lender’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or the Issuing Lender’s policies and the policies of such Lender’s or the Issuing Lender’s holding company with
respect to capital adequacy), then from time to time the Borrower will pay to such Lender or the Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender or the Issuing Lender or such Lender’s or the
Issuing Lender’s holding company for any such reduction suffered. 
 5.8.3 Certificates for
Reimbursement; Repayment of Outstanding Loans; Borrowing of New Loans. 
 A certificate of a Lender or the
Issuing Lender setting forth the amount or amounts necessary to compensate such Lender or the Issuing Lender or its holding company, as the case may be, as specified in Sections 5.8.1 [Increased Costs Generally] or 5.8.2 [Capital

  
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Requirements] and delivered to the Borrower shall be conclusive absent manifest error. The Borrower shall pay such Lender or the Issuing Lender, as the case may be, the amount shown as due on any
such certificate within ten (10) Business Days after receipt thereof. 
 5.8.4 Delay in Requests.

 Failure or delay on the part of any Lender or the Issuing Lender to demand compensation pursuant to this
Section shall not constitute a waiver of such Lender’s or the Issuing Lender’s right to demand such compensation, provided that the Borrower shall not be required to compensate a Lender or the Issuing Lender pursuant to this Section
for any increased costs incurred or reductions suffered more than nine months prior to the date that such Lender or the Issuing Lender, as the case may be, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions
and of such Lender’s or the Issuing Lender’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the nine (9) month period referred to
above shall be extended to include the period of retroactive effect thereof). 
 5.9 Taxes. 

5.9.1 Payments Free of Taxes. 

Any and all payments by or on account of any obligation of the Borrower hereunder or under any other Loan Document shall
be made free and clear of and without reduction or withholding for any Indemnified Taxes or Other Taxes; provided that if the Borrower shall be required by applicable Law to deduct any Indemnified Taxes (including any Other Taxes) from such
payments, then (i) the sum payable shall be increased as necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent, Lender or Issuing Lender,
as the case may be, receives an amount equal to the sum it would have received had no such deductions been made, (ii) the Borrower shall make such deductions and (iii) the Borrower shall timely pay the full amount deducted to the relevant
Official Body in accordance with applicable Law. 
 5.9.2 Payment of Other Taxes by the Borrower.

 Without limiting the provisions of Section 5.9.1 [Payments Free of Taxes] above, the Borrower shall
timely pay any Other Taxes to the relevant Official Body in accordance with applicable Law. 
 5.9.3
Indemnification by the Borrower. 
 The Borrower shall indemnify the Administrative Agent, each Lender and
the Issuing Lender, within ten (10) days after demand therefor, for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this
Section) paid by the Administrative Agent, such Lender or the Issuing Lender, as the case may be, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes
were correctly or legally imposed or asserted by the relevant Official Body. A certificate 

  
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as to the amount of such payment or liability delivered to the Borrower by a Lender or the Issuing Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own
behalf or on behalf of a Lender or the Issuing Lender, shall be conclusive absent manifest error. 
 5.9.4
Evidence of Payments. 
 As soon as practicable after any payment of Indemnified Taxes or Other Taxes by
the Borrower to an Official Body, the Borrower shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Official Body evidencing such payment, a copy of the return reporting such payment or other
evidence of such payment reasonably satisfactory to the Administrative Agent. 
 5.9.5 Status of Lenders;
Refunds. 
 Any Foreign Lender that is entitled to an exemption from or reduction of withholding tax under
the Law of the jurisdiction in which the Borrower is resident for tax purposes, or any treaty to which such jurisdiction is a party, with respect to payments hereunder or under any other Loan Document shall deliver to the Borrower (with a copy to
the Administrative Agent), at the time or times prescribed by applicable Law or reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation prescribed by applicable Law as will permit such
payments to be made without withholding or at a reduced rate of withholding. Notwithstanding the submission of such documentation claiming a reduced rate of or exemption from U.S. withholding tax, the Administrative Agent shall be entitled to
withhold United States federal income taxes at the full 30% withholding rate if in its reasonable judgment it is required to do so under the due diligence requirements imposed upon a withholding agent under § 1.1441-7(b) of the United States
Income Tax Regulations. Further, the Administrative Agent is indemnified under § 1.1461-1(e) of the United States Income Tax Regulations against any claims and demands of any Lender or assignee or participant of a Lender for the amount of any
tax it deducts and withholds in accordance with regulations under § 1441 of the Internal Revenue Code. In addition, any Lender, if requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by
applicable Law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting
requirements. 
 Without limiting the generality of the foregoing, in the event that the Borrower is resident for
tax purposes in the United States of America, any Foreign Lender shall deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender
becomes a Lender under this Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent, but only if such Foreign Lender is legally entitled to do so), whichever of the following is applicable:

 (i) two (2) duly completed valid originals of IRS Form W-8BEN claiming eligibility for benefits of an
income tax treaty to which the United States of America is a party, 

  
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 (ii) two (2) duly completed valid originals of IRS Form W-8ECI,

 (iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under
section 881(c) of the Code, (x) a certificate to the effect that such Foreign Lender is not (A) a “bank” within the meaning of section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the Borrower within
the meaning of section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in section 881(c)(3)(C) of the Code and (y) two duly completed valid originals of IRS Form W-8BEN, 

(iv) any other form prescribed by applicable Law as a basis for claiming exemption from or a reduction in United States
Federal withholding tax duly completed together with such supplementary documentation as may be prescribed by applicable Law to permit the Borrower to determine the withholding or deduction required to be made, or 

(v) to the extent that any Lender is not a Foreign Lender, such Lender shall submit to the Administrative Agent two
(2) originals of an IRS Form W-9 or any other form prescribed by applicable Law demonstrating that such Lender is not a Foreign Lender. 
 If the Administrative Agent, a Lender or any Issuing Lender receives a refund of any Taxes or Other Taxes as to which it has been indemnified by the Borrower or with respect to which the Borrower has paid
additional amounts pursuant to this Section, it shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section with respect to the Taxes or
Other Taxes giving rise to such refund), net of all out-of-pocket expenses of the Administrative Agent, such Lender or such Issuing Lender, as the case may be, and without interest (other than any interest paid by the relevant Official Body with
respect to such refund), provided that the Borrower, upon the request of the Administrative Agent, such Lender or such Issuing Lender, agrees to repay the amount paid over to the Borrower (plus any penalties, interest or other charges imposed
by the relevant Official Body) to the Administrative Agent, such Lender or such Issuing Lender in the event the Administrative Agent, such Lender or such Issuing Lender is required to repay such refund to such Official Body. This paragraph shall not
be construed to require the Administrative Agent, any Lender or any Issuing Lender to make available its tax returns (or any other information relating to its taxes that it deems confidential) to the Borrower or any other Person. 

5.10 Indemnity. 
 In addition to the compensation or payments required by Section 5.8 [Increased Costs] or Section 5.9 [Taxes], the Borrower shall indemnify each Lender against all liabilities, losses, claims,
damages, or expenses (including loss of margin, any foreign exchange losses and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such Loan, from fees payable to terminate the deposits from which
such funds were obtained or from the performance of any foreign exchange contract) which such Lender sustains or incurs as a consequence of any: 

  
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 (i) payment, prepayment, conversion or renewal of any Loan to which a LIBOR
Rate Option applies on a day other than the last day of the corresponding Interest Period (whether or not such payment or prepayment is mandatory, voluntary or automatic and whether or not such payment or prepayment is then due), 

(ii) attempt by the Borrower to revoke (expressly, by later inconsistent notices or otherwise) in whole or part any Loan
Requests under Section 2.5 [Revolving Credit Loan Requests; Swing Loan Requests] or Section 4.2 [Interest Periods] or notice relating to prepayments under Section 5.6 [Voluntary Prepayments], 

(iii) default by the Borrower in the performance or observance of any covenant or condition contained in this Agreement or
any other Loan Document, including any failure of the Borrower to pay when due (by acceleration or otherwise) any principal, interest, Commitment Fee or any other amount due hereunder, or 

(iv) the assignment of any Revolving Credit Loans under the LIBOR Rate Option other than on the last day of the Interest
Period as a result of a request by the Borrower pursuant to Section 5.6.2 [Replacement of a Lender]; provided, however, that with respect to this clause (iv), the Borrower shall not be required to indemnify any Defaulting Lender
whose Revolving Credit Loans are being replaced as a result of a request by the Borrower pursuant to Section 5.6.2 [Replacement of a Lender]. 
 If any Lender sustains or incurs any such loss or expense, it shall from time to time notify the Borrower of the amount determined in good faith by such Lender (which determination may include such
assumptions, allocations of costs and expenses and averaging or attribution methods as such Lender shall deem reasonable) to be necessary to indemnify such Lender for such loss or expense. Such notice shall set forth in reasonable detail the basis
for such determination. Such amount shall be due and payable by the Borrower to such Lender ten (10) Business Days after such notice is given. 
 5.11 Settlement Date Procedures. 
 In order to minimize the transfer of
funds between the Lenders and the Administrative Agent, the Borrower may borrow, repay and reborrow Swing Loans and PNC may make Swing Loans as provided in Section 2.1.2 [Swing Loan Commitments] hereof during the period between Settlement
Dates. The Administrative Agent shall notify each Lender of its Ratable Share of the total of the Revolving Credit Loans and the Swing Loans (each a “Required Share”). On such Settlement Date, each Lender shall pay to the
Administrative Agent the amount equal to the difference between its Required Share and its Revolving Credit Loans, and the Administrative Agent shall pay to each Lender its Ratable Share of all payments made by the Borrower to the Administrative
Agent with respect to the Revolving Credit Loans. The Administrative Agent shall also effect settlement in accordance with the foregoing sentence on the proposed Borrowing Dates for Revolving Credit Loans and may at its option effect settlement on
any other Business Day. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.11 shall relieve the Lenders of their obligations to fund Revolving Credit Loans on
dates other than a Settlement Date pursuant to Section 2.1.2 [Swing Loan Commitment]. The Administrative Agent may at any time at its option for any 

  
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reason whatsoever require each Lender to pay immediately to the Administrative Agent such Lender’s Ratable Share of the outstanding Revolving Credit Loans and each Lender may at any time
require the Administrative Agent to pay immediately to such Lender its Ratable Share of all payments made by the Borrower to the Administrative Agent with respect to the Revolving Credit Loans. 

6. REPRESENTATIONS AND WARRANTIES 
 6.1 Representations and Warranties. 
 The Loan Parties, jointly and
severally, represent and warrant to the Administrative Agent and each of the Lenders as follows: 
 6.1.1
Organization and Qualification. 
 Each Loan Party is a corporation, partnership or limited liability
company duly organized, validly existing and in good standing (if the concept of “good standing” is recognized under the laws of the applicable jurisdiction with respect to such Loan Party) under the laws of its jurisdiction of
organization. Each Loan Party has the lawful power to own or lease its properties and to conduct its business in which it is currently engaged, except where the failure to have such power would not reasonably be expected to result in any Material
Adverse Change. Each Loan Party is duly licensed or qualified and in good standing in each jurisdiction listed on Schedule 6.1.1 and in all other jurisdictions where the property owned or leased by it or the nature of the business transacted
by it or both makes such licensing or qualification necessary except to the extent that the failure to be so duly licensed or qualified or in good standing would not reasonably be expected to result in any Material Adverse Change. 

6.1.2 Subsidiaries. 
 Schedule 6.1.2 states the name of each of the Loan Parties that are Subsidiaries of the Borrower, its jurisdiction of incorporation, the issued and outstanding shares thereof (referred to herein as
the “Subsidiary Shares”) and the owners thereof if it is a corporation, its outstanding partnership interests (the “Partnership Interests”) if it is a partnership and its outstanding limited liability company
interests, interests assigned to managers thereof and the voting rights associated therewith (the “LLC Interests”) if it is a limited liability company. There are no options, warrants or other rights outstanding to purchase any such
Subsidiary Shares, Partnership Interests or LLC Interests except as indicated on Schedule 6.1.2. 
 6.1.3
Power and Authority. 
 Each Loan Party has full power to enter into, execute, deliver and carry out this
Agreement and the other Loan Documents to which it is a party, to incur the Indebtedness contemplated by the Loan Documents and to perform its Obligations under the Loan Documents to which it is a party, and all such actions have been duly
authorized by all necessary proceedings on its part. 

  
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 6.1.4 Validity and Binding Effect. 

This Agreement has been duly and validly executed and delivered by each Loan Party, and each other Loan Document which any
Loan Party is required to execute and deliver has been duly executed and delivered by such Loan Party. This Agreement and each other Loan Document constitutes legal, valid and binding obligations of each Loan Party which is a party thereto,
enforceable against such Loan Party in accordance with its terms, except to the extent that enforceability of any of such Loan Document may be limited by bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws
affecting the enforceability of creditors’ rights generally or limiting the right of specific performance. 

6.1.5 No Conflict. 
 Neither the execution and delivery of this Agreement or the other Loan Documents to which it is a party by any Loan Party nor the consummation of the transactions herein or therein contemplated or
compliance with the terms and provisions hereof or thereof by any of them will conflict with, constitute a default under or result in any breach of (i) the terms and conditions of the certificate of incorporation, bylaws, certificate of limited
partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents of any Loan Party or (ii) any Law, instrument, order, writ, judgment, injunction or decree to which any Loan
Party is a party or by which it is bound or to which it is subject, or result in the creation or enforcement of any Lien, charge or encumbrance whatsoever upon any property (now or hereafter acquired) of any Loan Party (other than Liens granted
under the Loan Documents), except that certain consents may be required under the various contracts and agreements in connection with any attempt to assign such various contracts and agreements pursuant to the assertion of remedies under the Loan
Documents. 
 6.1.6 Litigation. 

There are no actions, suits, proceedings or investigations pending or, to the knowledge of any Responsible Officer of the
Borrower, threatened against any Loan Party at law or equity before any Official Body or arbitrator that individually or in the aggregate would reasonably be expected to result in any Material Adverse Change. To the knowledge of any Responsible
Officer of the Borrower, none of the Loan Parties is in violation of any order, writ, injunction or any decree of any Official Body that would reasonably be expected to result in any Material Adverse Change. 

6.1.7 Financial Statements. 

(i) Historical Statements. The Borrower has delivered to the Administrative Agent copies of its audited
consolidated year-end financial statements for and as of the end of the fiscal year ended December 31, 2010 (the “Historical Statements”). The Historical Statements were compiled from the books and records maintained by the
Borrower’s management, are correct and complete in all material respects and fairly represent the consolidated financial condition of the Borrower and its Subsidiaries as of their dates and the results of operations for the fiscal periods then
ended and have been prepared in accordance with GAAP consistently applied. 

  
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 (ii) Financial Projections. The Borrower has delivered to the
Administrative Agent financial projections (including balance sheets and statements of operation and cash flows) of the Loan Parties for the period 2011 through 2015 derived from various assumptions of the Borrower’s management (the
“Financial Projections”). The Financial Projections have been prepared in good faith based upon reasonable assumptions, it being understood that the Financial Projections are subject to significant uncertainties and contingencies,
many of which are beyond the Borrower’s control, and that no assurance can be given that the Financial Projections will be realized. 
 (iii) Accuracy of Financial Statements. Neither the Borrower nor any other Loan Party has any material liabilities, contingent or otherwise, or forward or long-term commitments that are not
disclosed in the Historical Statements or in the notes thereto, and except as disclosed therein there are no unrealized or anticipated losses from any commitments of the Borrower or any other Loan Party that would reasonably be expected to cause a
Material Adverse Change. Since December 31, 2010, no Material Adverse Change has occurred. 
 6.1.8 Use
of Proceeds; Margin Stock. 
 6.1.8.1 General. 

The Loan Parties intend to use the proceeds of the Loans in accordance with Section 8.1.8 [Use of Proceeds].

 6.1.8.2 Margin Stock. 

None of the Loan Parties engages or intends to engage principally, or as one of its important activities, in the business
of extending credit for the purpose, immediately, incidentally or ultimately, of purchasing or carrying margin stock (within the meaning of Regulation U). No part of the proceeds of any Loan has been or will be used for any purpose which entails a
violation of or which is inconsistent with the provisions of the regulations of the Board of Governors of the Federal Reserve System, and the Borrower shall assist the Lenders, as reasonably requested by the Administrative Agent, with the
Lenders’ compliance with Regulation U as such compliance relates to the Borrower and the Loans, including by providing the Administrative Agent with all documents, forms and certificates reasonably requested by the Administrative Agent in
relation thereto, including delivering to the Administrative Agent a Federal Reserve Form U-1 with Parts I and II completed, in form and substance reasonably satisfactory to the Administrative Agent, concurrently with the first request for a Loan
and thereafter providing any amendments thereto as may be required by Law. 
 6.1.9 Full Disclosure.

 Neither this Agreement nor any other Loan Document, nor any certificate, statement, agreement or other
documents furnished to the Administrative Agent or any Lender in connection herewith or therewith, contains any untrue statement of a material fact or omits to state a material fact necessary in order to make the statements contained herein and
therein, in light of the circumstances under which they were made, not misleading. There is no fact known to any Loan Party which materially adversely affects the business, property, assets, financial

  
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condition or results of operations of the Loan Parties taken as a whole that has not been set forth in this Agreement or in the certificates, statements, agreements or other documents furnished
in writing to the Administrative Agent and the Lenders prior to or at the date hereof in connection with the transactions contemplated hereby. 
 6.1.10 Taxes. 
 All federal, state, local and other tax
returns required to have been filed with respect to each Loan Party have been filed, and payment or adequate provision has been made for the payment of all such taxes, fees, assessments and other governmental charges which have or may become due
pursuant to said returns or to assessments received, except to the extent that such taxes, fees, assessments and other charges are being contested in good faith by appropriate proceedings diligently conducted and for which such reserves or other
appropriate provisions, if any, as shall be required by GAAP shall have been made. There are no agreements or waivers extending the statutory period of limitations applicable to any federal income tax return of any Loan Party for any period.

 6.1.11 Consents and Approvals. 

Except for the filings or recordings required pursuant to Section 7.1.14, no consent, approval, exemption, order or
authorization of, or a registration or filing with, any Official Body or any other Person is necessary to authorize or permit the execution, delivery or performance of this Agreement and the other Loan Documents or for the validity or enforceability
hereof or thereof. 
 6.1.12 No Event of Default; Compliance with Instruments. 

No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or
other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. None of the Loan Parties is in violation of (i) any term of its certificate of
incorporation, bylaws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents or (ii) any material agreement or instrument to which it is a
party or by which it or any of its properties may be subject or bound where such violation would reasonably be expected to result in a Material Adverse Change. 
 6.1.13 Insurance. 
 Schedule 6.1.13 lists all
material insurance policies to which any Loan Party is a party as of the Closing Date, all of which are valid and in full force and effect as of the Closing Date. Such policies provide adequate coverage from reputable and financially sound insurers
in amounts sufficient to insure the assets and risks of each Loan Party in accordance with prudent business practice in the industry of the Loan Parties. 

  
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 6.1.14 Compliance with Laws. 

The Loan Parties are in compliance in all material respects with all applicable Laws (other than Environmental Laws which
are specifically addressed in Section 6.1.19 [Environmental Matters]) in all jurisdictions in which any Loan Party is presently or will be doing business except where the failure to do so would not constitute a Material Adverse Change.

 6.1.15 Material Contracts; Burdensome Restrictions. 

All material coal supply contracts and other Material Contracts are in full force and effect except to the extent that the
failure to be in full force and effect would not reasonably be expected to result in a Material Adverse Change. None of the Loan Parties is bound by any contractual obligation, or subject to any restriction in any organization document, or any
requirement of Law which would reasonably be expected to result in a Material Adverse Change. 
 6.1.16
Investment Companies; Regulated Entities. 
 None of the Loan Parties is an “investment company”
registered or required to be registered under the Investment Company Act of 1940 or under the “control” of an “investment company” as such terms are defined in the Investment Company Act of 1940 and shall not become such an
“investment company” or under such “control.” None of the Loan Parties is subject to any other Federal or state statute or regulation limiting its ability to incur Indebtedness for borrowed money. 

6.1.17 ERISA Compliance. 
 Except as could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Change: 
 (i) Each Plan is in compliance in all material respects with the applicable provisions of ERISA, the Code and other Federal or state Laws (except that with respect to any Multiemployer Plan which is a
Plan, such representation is deemed made only to the knowledge of the Borrower); 
 (ii) Each Borrower and any
ERISA Affiliate has met all applicable minimum funding requirements under the Pension Funding Rules in respect of each Pension Plan, and no waiver of the minimum funding standards under the Pension Funding Rules has been applied for or obtained;

 (iii) As of the most recent valuation date for any Pension Plan, the funding target attainment percentage (as
defined in Section 430(d)(2) of the Code and Section 303(d)(2) of ERISA) is 80% or higher and neither any Borrower or any ERISA Affiliate knows of any facts or circumstances which would cause the funding target attainment percentage for
any such plan to drop below 80% as of the most recent valuation date; 
 (iv) With respect to any Multiemployer
Plan, the Borrower has not been notified of an “accumulated funding deficiency” (within the meaning of Section 412 of 

  
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the Code) or that application for a funding waiver or an extension of any amortization period pursuant to Section 412 of the Code has been made; 

(v) There has been no nonexempt “prohibited transaction” (as defined in Section 406 of ERISA) or violation
of the fiduciary responsibility rules with respect to any Plan that is not a Multiemployer Plan; 
 (vi) No ERISA
Event has occurred or is reasonably expected to occur; and 
 (vii) Neither the Borrower nor any ERISA Affiliate
has engaged in a transaction that could be subject to Section 4069 or 4212(c) of ERISA. 
 6.1.18
Employment Matters; Coal Act; Black Lung Act. 
 Each of the Loan Parties is in compliance with the Labor
Contracts and all applicable federal, state and local labor and employment Laws including those related to equal employment opportunity and affirmative action, labor relations, minimum wage, overtime, child labor, medical insurance continuation,
worker adjustment and relocation notices, immigration controls and worker and unemployment compensation, where the failure to comply would constitute a Material Adverse Change. There are no outstanding grievances, arbitration awards or appeals
therefrom arising out of the Labor Contracts or current or threatened strikes, picketing, handbilling or other work stoppages or slowdowns at facilities of any of the Loan Parties which in any case would constitute a Material Adverse Change. The
Borrower, its Subsidiaries and its “related persons” (as defined in the Coal Act) are in compliance in all material respects with the Coal Act and none of the Borrower, its Subsidiaries or its related persons has any liability under the
Coal Act except with respect to premiums or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change. The Loan
Parties are in compliance in all material respects with the Black Lung Act, and none of the Loan Parties has any liability under the Black Lung Act except with respect to premiums, contributions or other payments required thereunder which have been
paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change. 
 6.1.19 Environmental Matters. 
 Except as disclosed in the
Borrower’s most recent annual and quarterly reports filed with the SEC, or as otherwise could not reasonably be expected to have a Material Adverse Change: 
 (i) Each Loan Party, its operations, facilities and properties are in compliance with all applicable Environmental Laws. 

(ii) The facilities and properties currently or formerly owned, leased or operated by any of the Loan Parties (the
“Properties”) do not contain any Hazardous Materials attributable to the Loan Parties ownership, lease or operation of the Properties in amounts or concentrations which (i) constitute or constituted a violation of, or
(ii) could 

  
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reasonably be expected to give rise to liability for any Loan Parties under, any applicable Environmental Law. 

(iii) None of the Loan Parties has received any notice of violation, alleged violation, non-compliance, liability or
potential liability regarding environmental matters or compliance with Environmental Laws, including any with regard to their activities at any of the Properties or the business operated by the Loan Parties, or any prior business for which the
Borrower has retained liability under any Environmental Law. 
 (iv) Hazardous Materials have not been
transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability for any Loan Parties under, any applicable Environmental Law, nor have any Hazardous
Materials been generated, treated, stored or disposed of by or on behalf of any Loan Parties at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable
Environmental Law for any Loan Parties. 
 6.1.20 Anti-Terrorism Laws. 

6.1.20.1 General. 
 None of the Loan Parties nor any Affiliate of any Loan Party, is in violation of any Anti-Terrorism Law or engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of
evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law. 

6.1.20.2 Executive Order No. 13224. None of the Loan Parties, nor any Affiliate of any Loan Party, or their
respective agents acting or benefiting in any capacity in connection with the Loans, Letters of Credit or other transactions hereunder, is any of the following (each, a “Blocked Person”): 

(i) a Person that is listed in the annex to, or is otherwise subject to the provisions of, the Executive Order
No. 13224; 
 (ii) a Person owned or controlled by, or acting for or on behalf of, any Person that is listed
in the annex to, or is otherwise subject to the provisions of, the Executive Order No. 13224; 
 (iii) a
Person with which any Lender is prohibited from dealing or otherwise engaging in any transaction by any Anti-Terrorism Law; 
 (iv) a Person that commits, threatens or conspires to commit or supports “terrorism” as defined in the Executive Order No. 13224; 

(v) a Person that is named as a “specially designated national” on the most current list published by the U.S.
Treasury Department Office of Foreign Asset 

  
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Control at its official website or any replacement website or other replacement official publication of such list, or 

(vi) a Person who is affiliated or associated with a Person listed above. 

No Loan Party and, to the knowledge of any Loan Party, none of its agents acting in any capacity in connection with the
Loans, Letters of Credit or other transactions hereunder (i) conducts any business or engages in making or receiving any contribution of funds, goods or services to or for the benefit of any Blocked Person, or (ii) deals in, or otherwise
engages in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order No. 13224. 
 6.1.21 Patents, Trademarks, Copyrights, Licenses, Etc. 
 The
Loan Parties own or possess all the material patents, trademarks, service marks, trade names, copyrights, licenses, registrations, franchises, permits and rights, without known or actual conflict with the rights of others, necessary for the Loan
Parties, taken as a whole, to own and operate their properties and to carry on their businesses as presently conducted and planned to be conducted by such Loan Parties, except where the failure to so own or possess with or without such conflict
would reasonably be expected to result in a Material Adverse Change. 
 6.1.22 Security Interests.

 Except to the extent that the Loan Parties are not required to perfect Liens in certain Collateral pursuant to
the Security Documents or any other Loan Document, the Liens and security interests granted to the Collateral Trustee for the benefit of the Secured Parties pursuant to the Patent, Trademark and Copyright Security Agreement, the Pledge Agreement and
the Security Agreement in Collateral (of the type that can be perfected by filing under the Uniform Commercial Code) constitute and will continue to constitute Prior Security Interests, subject to Permitted Liens, under the Uniform Commercial Code
as in effect in each applicable jurisdiction or other applicable Law entitled to all the rights, benefits and priorities provided by the Uniform Commercial Code or such Law. In the case of Collateral not existing as of the Closing Date, upon
(i) the due filing of financing statements relating to said security interests in each office and in each jurisdiction where required in order to perfect the security interests described above, taking possession of any stock certificates or
other certificates evidencing the Pledged Collateral and recordation of the Patent, Trademark and Copyright Security Agreement in the United States Patent and Trademark Office and United States Copyright Office and the recordation of the Ship
Mortgages with the United States Coast Guard Documentation Center, as applicable, and obtaining “blocked account” agreements with applicable third parties to the extent required by the Security Agreement with respect to deposit accounts,
securities accounts, commodities accounts and investment accounts, and (ii) the filings or recordings required pursuant to Section 7.1.14, all such action as is necessary or advisable to create a valid, enforceable Lien in favor of the
Collateral Trustee with respect to the Collateral described above will have been taken, except to the extent that the Loan Parties are not required to perfect Liens in certain Collateral pursuant to the Security Documents or any other Loan Document.
All filing fees and other expenses in connection with each such action have been or will be paid by the Borrower. 

  
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 6.1.23 Mortgage Liens. 

Subject to the qualifications and limitations set forth expressly in the Mortgages, the Liens granted to the Collateral
Trustee pursuant to each Mortgage constitute a valid first priority Lien on the Real Property under applicable law, subject only to Permitted Liens. 
 6.1.24 Status of the Pledged Collateral. 
 All the shares of
capital stock and other equity interests included in the Pledged Collateral to be pledged pursuant to the Pledge Agreement are or will be upon issuance validly issued and nonassessable and owned beneficially and of record by the pledgor free and
clear of any Lien or restriction on transfer, except for Permitted Liens (other than Liens contemplated by clause (viii) of the definition of Permitted Liens) and inchoate Liens that do not have priority over the Liens granted under the Loan
Documents and as otherwise provided by the Pledge Agreement and except as the right of the Lenders to dispose of such capital stock or other equity interests may be limited by the Securities Act of 1933, as amended, and the regulations promulgated
by the Securities and Exchange Commission thereunder and by applicable state securities laws. There are no shareholder or other agreements or understandings, other than partnership agreements, limited liability company agreements or operating
agreements, with respect to the shares of capital stock or other equity interests included in the Pledged Collateral, except as described on Schedule 6.1.24. As of the Closing Date, the Loan Parties have delivered true and correct copies of
such partnership agreements and limited liability company agreements to the Administrative Agent. 
 6.1.25
Solvency. 
 The Borrower and the other Loan Parties, taken as a whole, are Solvent. On the Closing Date,
at the time of each borrowing of the Loans, the issuance of the Letters of Credit (including extensions, renewals and amendments thereof) and at the time of selection of, renewal of or conversion to an Interest Rate Option, the Borrower and the
other Loan Parties, taken as a whole, shall be Solvent after giving effect to the transactions contemplated by the Loan Documents and any incurrence of Indebtedness and all other Obligations. 

6.1.26 Permit Blockage. 
 No Loan Party is currently barred, which bar has existed for a period in excess of sixty (60) consecutive days, from receiving surface mining or underground mining permits pursuant to the permit
block provisions of the Surface Mining Control and Reclamation Act, 30 U.S.C. §§ 1201 et seq., and the regulations promulgated thereto, or any corresponding state laws or regulations. 

6.1.27 Bonding Capacity. 
 After giving effect to the transactions contemplated by the Loan Documents, the Borrower and the other Loan Parties have sufficient mine bonding capacity, or other capacity customarily used to provide
security, reasonably necessary to conduct their operations 

  
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substantially as projected in accordance with the financial projections of the Borrower and the other Loan Parties provided to the Administrative Agent. 

6.2 Updates to Schedules. Should any of the information or disclosures provided on any of the Schedules attached
hereto become outdated or incorrect in any material respect, the Borrower shall promptly provide the Administrative Agent in writing with such revisions or updates to such Schedule as may be necessary or appropriate to update or correct same and in
the event that the Loan Parties should acquire after the Closing Date any parcel of real property (other than Gas Properties) having a market value greater than or equal to the Threshold Amount, the Loan Parties shall update Schedule 1.1(R)
to include such real property; provided, however, that no Schedule shall be deemed to have been amended, modified or superseded by any such correction or update, nor shall any breach of warranty or representation resulting from the
inaccuracy or incompleteness of any such Schedule be deemed to have been cured thereby, unless and until the Administrative Agent, in its reasonable discretion, pursuant to Section 10.10, shall have accepted in writing such revisions or
updates to such Schedules (other than revisions or updates to Schedules 1.1(R), 6.1.1, 6.1.2 or 6.1.13, which result solely from actions of the Loan Parties permitted hereunder, which revised schedules shall be deemed to be
accepted by the Administrative Agent upon delivery of such Schedules by the Borrower thereto). 
 7. CONDITIONS

 The obligation of the Lenders to amend and restate the 2010 Credit Agreement and to make Revolving Credit
Loans, of an Issuing Lender to issue Letters of Credit hereunder, and of PNC to make Swing Loans is subject to the following conditions: 
 7.1 Conditions to Amendment and Restatement. 
 On the Closing Date:

 7.1.1 Officer’s Certificate. 

The representations and warranties of each of the Loan Parties contained in Section 6 [Representations and
Warranties] and in each of the other Loan Documents shall be true and accurate on and as of the Closing Date with the same effect as though such representations and warranties had been made on and as of such date (except representations and
warranties which relate solely to an earlier date or time, which representations and warranties shall be true and correct on and as of the specific dates or times referred to therein), each of the Loan Parties shall have performed and complied with
all covenants and conditions hereof and thereof, no Event of Default or Potential Default shall have occurred and be continuing or shall exist; and there shall be delivered to the Administrative Agent for the benefit of each Lender a certificate of
each of the Loan Parties, dated the Closing Date and signed by a Responsible Officer or Authorized Officer of each of the Loan Parties, to each such effect. 

  
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 7.1.2 Secretary’s Certificate. 

There shall be delivered to the Administrative Agent for the benefit of each Lender a certificate dated the Closing Date
and signed by the Secretary or an Assistant Secretary of each of the Loan Parties, certifying as appropriate: 

(i) that attached thereto is a true and complete copy of resolutions duly adopted by the board of directors of such Loan
Party (or its managing general partner, managing member or equivalent) authorizing the execution, delivery and performance of the Loan Documents to which such person is a party and, in the case of the Borrower, the borrowings hereunder, and that
such resolutions have not been modified, rescinded or amended and are in full force and effect on the Closing Date; 
 (ii) the names of the officer or officers authorized to sign this Agreement and the other Loan Documents and the true signatures of such officer or officers and specifying the Authorized Officers
permitted to act on behalf of such Loan Party for purposes of this Agreement and the true signatures of such officers, on which the Administrative Agent, an Issuing Lender, and each Lender may conclusively rely; and 

(iii) copies of its organizational documents, including its certificate of incorporation, bylaws, certificate of limited
partnership, partnership agreement, certificate of formation, and limited liability company agreement as in effect on the Closing Date recently certified by the appropriate state official where such documents are filed in a state office together
with recently dated certificates from the appropriate state officials as to the continued existence and good standing of such Loan Party in each state where organized. 

7.1.3 Delivery of Loan Documents. 

This Agreement, the Notes (for each Lender that requested a Note at least two Business Days prior to the Closing Date),
the Guaranty Agreement, the CNX Gas Guaranty Agreement, the Indemnity and the CNX Gas Intercompany Subordination Agreement shall have been duly executed by each of the Loan Parties party thereto and delivered to the Administrative Agent. 

7.1.4 Opinion of Counsel. 
 7.1.4.1 There shall be delivered to the Administrative Agent for the benefit of each Lender a written opinion of in-house counsel for the Loan Parties (who may rely on the opinions of such other counsel
as may be acceptable to the Administrative Agent), dated the Closing Date and in form and substance satisfactory to the Administrative Agent and its counsel: (i) as to the matters set forth in Exhibit 7.1.4(A) and (ii) as to such
other matters incident to the transactions contemplated herein as the Administrative Agent may reasonably request. 
 7.1.4.2 In addition, there shall also be delivered to the Administrative Agent, for the benefit of each Lender, a written opinion of Reed Smith LLP, counsel to the

  
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Loan Parties (who may rely on the opinions of such other counsel as may be acceptable to the Administrative Agent), dated the Closing Date and in form and substance satisfactory to the
Administrative Agent and its counsel: (i) as to matters set forth in Exhibit 7.1.4(B) and (ii) as to such other matters incident to the transactions contemplated herein as the Administrative Agent may reasonably request. 

7.1.4.3 In addition, there shall also be delivered to the Administrative Agent, for the benefit of each Lender, written
opinions of local counsel in the states of Pennsylvania, Virginia and West Virginia selected by the Loan Parties and reasonably acceptable to the Administrative Agent regarding real estate and other matters, dated the Closing Date and in form and
substance reasonably satisfactory to the Administrative Agent and its counsel: (i) as to matters set forth in Exhibit 7.1.4(C) and (ii) as to such other matters incident to the transactions contemplated herein as the Administrative
Agent may reasonably request. 
 7.1.5 Legal Details. 

All legal details and proceedings in connection with the transactions contemplated by this Agreement and the other Loan
Documents shall be in form and substance satisfactory to the Administrative Agent and its counsel, and the Administrative Agent shall have received all such other counterpart originals or certified or other copies of such documents and proceedings
in connection with such transactions, in form and substance satisfactory to the Administrative Agent and its counsel, as the Administrative Agent or its counsel may reasonably request. 

7.1.6 Payment of Fees. 
 The Borrower shall have paid or caused to be paid to the Administrative Agent and the Syndication Agent for themselves and for the account of the Lenders to the extent not previously paid, all commitment
and other fees accrued through the Closing Date and the costs and expenses for which the Administrative Agent, the Syndication Agent and the Lenders are entitled to be reimbursed. 

7.1.7 Officer’s Certificate Regarding MACs. 

Since December 31, 2010: (i) no Material Adverse Change shall have occurred and (ii) there shall have been
no material change in the management of the Borrower; and there shall have been delivered to the Administrative Agent for the benefit of each Lender a certificate dated the Closing Date and signed by a Responsible Officer or Authorized Officer of
each Loan Party to each such effect. 
 7.1.8 No Violation of Laws. 

The making of the Loans and the issuance of the Letters of Credit shall not contravene any Law applicable to any Loan
Party or any of the Lenders or such Issuing Lender. 

  
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 7.1.9 No Actions or Proceedings. 

No action, proceeding, investigation, regulation or legislation shall have been instituted, or, to the knowledge of any
Responsible Officer threatened or proposed before any court, governmental agency or legislative body to enjoin, restrain or prohibit, or to obtain damages in respect of, this Agreement, the other Loan Documents or the consummation of the
transactions contemplated hereby or thereby or which, in the sole discretion of the Administrative Agent, would make it inadvisable to consummate the transactions contemplated by this Agreement or any of the other Loan Documents. 

7.1.10 Schedules. 
 The Loan Parties shall have delivered to the Administrative Agent and to each Lender amended and restated schedules to this Agreement, with each schedule to be in form and substance satisfactory to the
Administrative Agent. 
 7.1.11 Financial Statements and Financial Projections. 

The Borrower shall have delivered to the Administrative Agent and the Lenders the Historical Statements, the Financial
Projections and a certificate, signed by a Responsible Officer of the Borrower and certifying that (i) neither the Borrower nor any other Loan Party has any material liabilities, contingent or otherwise, or forward or long-term commitments that
are not disclosed in the Historical Statements or in the notes thereto and (ii) except as disclosed in the Historical Statements, there are no unrealized or anticipated losses from any commitments of the Borrower or any other Loan Party that
would reasonably be expected to cause a Material Adverse Change. Such Historical Statements, Financial Projections and certifications shall be in form and substance satisfactory to the Administrative Agent and the Lenders. 

7.1.12 ERISA; Other Due Diligence. The Administrative Agent and the Lenders shall have completed or shall have
caused to be completed, to their satisfaction in form, scope, substance and in all other respects, a due diligence review with respect to the assets, financial condition, operations, business and prospects of the Borrower and each of the other Loan
Parties, including a review, without limitation of the books and records of the Borrower and each of the other Loan Parties, the Historical Statements and related Form 10-K filed with the Securities and Exchange Commission for the fiscal year
ended December 31, 2010, the Financial Projections, and, all tax, ERISA, employee retirement benefit, and the contingent liabilities to which the Borrower and any other Loan Party may be subject. 

7.1.13 Repayments. 
 The Borrower shall have requested Revolving Credit Loans in an amount sufficient to repay the revolving credit loans under the 2010 Credit Agreement by delivering to the Administrative Agent an
appropriately completed irrevocable Loan Request not later than 12:00 noon, Pittsburgh time, on the Closing Date pursuant to which Revolving Credit Loans (to which the Base Rate Option applies) are requested; and contemporaneously with the execution
and effectiveness of this Agreement and utilizing a portion of the proceeds of the Revolving Credit Loans, the Borrower shall pay in full all amounts outstanding under the 2010 Credit Agreement,

  
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including all unpaid principal, interest, breakage fees and all other fees and charges thereunder in order to accomplish the amendment and restatement thereof as of the Closing Date. Each Lender
that was a lender under the 2010 Credit Agreement, by execution of this Agreement, waives all notice of prepayment of loans under the 2010 Credit Agreement. 
 7.1.14 Collateral Matters. 
 7.1.14.1 Amendments and
Assignments of Security Documents. 
 Each of the Security Documents listed on Schedule 7.1.14.1 shall
have been amended or assigned, as applicable, to properly describe this Agreement and the Loans made hereunder and to reflect the assignment of the Collateral Trustee role to PNC, pursuant to documentation acceptable to the Administrative Agent and
Borrower, and such amendment or assignment shall be properly recorded or filed with the applicable recording or filing offices. Notwithstanding the preceding sentence, with respect to each Mortgage existing prior to the Closing Date, if there shall
be delivered to the Administrative Agent, for the benefit of the Secured Parties, a written opinion of local counsel in the jurisdiction in which Real Property subject to such Mortgage is located substantially to the effect that no documents,
instruments, filings, recordings, re-recordings, re-filings or other actions, including the payment of any mortgage recording taxes or similar taxes, are required under applicable Law in order to maintain the continued enforceability, validity or
priority of the Lien created by such Mortgage as security for the Obligations, for the benefit of the Secured Parties, mortgage amendments with respect to Mortgages for Real Property located in such jurisdiction will not be required. 

7.1.14.2 Lien Searches. 
 The lien searches listed on Schedule 7.1.14.2 shall have been completed, and the Administrative Agent shall be satisfied with the results thereof. 

7.1.14.3 Insurance. 
 Evidence that adequate insurance, including flood insurance, if applicable, required to be maintained under this Agreement is in full force and effect, with additional insured, mortgagee and lender loss
payable special endorsements attached thereto in form and substance satisfactory to the Administrative Agent and its counsel naming the Administrative Agent as additional insured, and the Collateral Trustee, as mortgagee and lender loss payee, and
evidence that the Loan Parties have taken all actions required under the Flood Laws to the extent reasonably requested by the Administrative Agent to assist in ensuring that each Lender is in compliance with the Flood Laws applicable to the
Collateral, including, to the extent required, obtaining flood insurance in form and substance satisfactory to the Administrative Agent for such property, structures and contents prior to such property, structures and contents becoming Collateral.

 7.1.14.4 Evidence of Filing. 

UCC financing statements in appropriate form for filing under the UCC and such other documents under applicable
requirements of Law in each jurisdiction as may be necessary 

  
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or appropriate or, in the opinion of the Administrative Agent, desirable to perfect the Liens created, or purported to be created, by the Security Documents. 

7.1.14.5 Pledged Collateral. 

All certificates, agreements or instruments representing or evidencing the Pledged Collateral accompanied by instruments
of transfer and stock powers undated and endorsed in blank have been delivered to the Collateral Trustee, provided that possession by the prior Collateral Trustee as bailee for the Collateral Trustee pursuant to the Successor Agent Agreement pending
delivery to PNC as successor Collateral Trustee shall satisfy this condition as to all such possessed Pledged Collateral. 
 7.1.14.6 Other Security Interests. 
 All other certificates,
agreements, including control agreements or instruments necessary to perfect the Collateral Trustee’s security interest (to the extent required by the Security Documents) in all Chattel Paper, Instruments, Deposit Accounts and Investment
Property (as each such term is defined in the Security Agreement) of each Loan Party have been delivered or assigned to the Collateral Trustee. 
 7.2 Each Additional Loan or Letter of Credit. 
 At the time of making any
Loans or issuing any Letters of Credit (or amendments or extensions thereto) other than Loans made or Letters of Credit issued on the Closing Date and after giving effect to the proposed extensions of credit: the representations and warranties of
the Loan Parties contained in Section 6 [Representations and Warranties] and in the other Loan Documents shall be true on and as of the date of any Loan Request, any Swing Loan Request, and the making of such additional Loan or the issuance
such Letter of Credit (or amendments or extensions thereto) with the same effect as though such representations and warranties had been made on and as of such date (except representations and warranties which expressly relate solely to an earlier
date or time, which representations and warranties shall be true and correct on and as of the specific dates or times referred to therein) and the Loan Parties shall have performed and complied with all covenants and conditions hereof; no Event of
Default or Potential Default shall have occurred and be continuing or shall exist; the making of the Loans or issuance of such Letter of Credit (or amendments or extensions thereto) shall not contravene any Law applicable to any Loan Party or any of
the Lenders; and the Borrower shall have delivered to the Administrative Agent a duly executed and completed Loan Request or application for a Letter of Credit as the case may be. 

8. COVENANTS 
 8.1 Affirmative Covenants. 
 The Loan Parties, jointly and severally,
covenant and agree that until payment in full of the Loans, Reimbursement Obligations and Letter of Credit Borrowings, and interest thereon, expiration or termination of all Letters of Credit, and satisfaction of all of the Loan Parties’ other

  
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Obligations under the Loan Documents and termination of the Commitments, the Loan Parties shall comply at all times with the following affirmative covenants: 

8.1.1 Preservation of Existence, Etc. 

Each Loan Party shall maintain its legal existence as a corporation, limited partnership or limited liability company and
its license or qualification and good standing in each jurisdiction in which its failure to so qualify, individually or in the aggregate, would reasonably be expected to result in a Material Adverse Change, except as otherwise expressly permitted in
Section 8.2.6 [Liquidations, Mergers, Etc.]. 
 8.1.2 Payment of Liabilities, Including Taxes, Etc.

 Each Loan Party shall duly pay and discharge all liabilities to which it is subject or which are asserted
against it, promptly as and when the same shall become due and payable (including extensions), including all taxes, assessments and governmental charges upon it or any of its properties, assets, income or profits, prior to the date on which
penalties attach thereto, except to the extent that such liabilities, including taxes, assessments or charges, are being contested in good faith and by appropriate and lawful proceedings diligently conducted and for which such reserve or other
appropriate provisions, if any, as shall be required by GAAP shall have been made, but only to the extent that failure to pay or discharge any such liabilities would not result in any additional liability which would adversely affect to a material
extent the financial condition of the Loan Parties, taken as a whole, or which would materially and adversely affect the Collateral, provided that the Loan Parties will pay all such liabilities forthwith upon the commencement of proceedings
to enforce any Lien which may have attached as security therefor or take other action as is required to suspend such enforcement action unless such Lien otherwise qualifies as a Permitted Lien. 

8.1.3 Maintenance of Insurance. 

Each Loan Party shall insure its properties and assets against loss or damage by fire and such other insurable hazards
(including flood, fire, property damage, workers’ compensation and public liability insurance) and against other risks (including errors and omissions), and in such amounts as similar properties and assets, as are commonly insured by prudent
companies in similar circumstances carrying on similar businesses, and with reputable and financially sound insurers, including self-insurance to the extent customary. At the request of the Administrative Agent, the Loan Parties shall deliver to the
Administrative Agent (x) annually an original certificate of insurance signed by the Loan Parties’ independent insurance broker describing and certifying as to the existence of the insurance on the Collateral required to be maintained by
this Agreement and the other Loan Documents, together with a copy of the endorsement described in the next sentence attached to such certificate and (y) from time to time a summary schedule indicating all commercial insurance then in force with
respect to each of the Loan Parties. Such policies of insurance shall contain the necessary endorsements or policy language, which shall (i) specify the Collateral Trustee on behalf of the Secured Parties as an additional insured on the
liability policies and mortgagee and lender loss payee as their interests may appear, with the understanding that any obligation imposed upon the insured (including the liability to pay premiums) shall be the sole obligation of the applicable Loan
Parties and not that of the additional insured, 

  
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(ii) provide that the interest of the Lenders, under the lender’s loss payable endorsement in a form similar to the form provided on the Closing Date, shall be insured regardless of any
breach or violation by the applicable Loan Parties of any warranties, declarations or conditions contained in such policies or any action or inaction of the applicable Loan Parties, (iii) provide a waiver of any right of the insurers to set off
or counterclaim or any other deduction, whether by attachment or otherwise (to the extent that the Loan Parties are able on a commercially reasonable efforts basis to obtain such waiver from the insurers), (iv) provide that no cancellation of
such policies for any reason (including non-payment of premium) nor any change therein shall be effective until at least ten (10) days after notification to the Administrative Agent of such cancellation or change, (v) be primary without
right of contribution of any other liability insurance carried by or on behalf of any additional insureds with respect to their respective interests in the Collateral, and (vi) provide that inasmuch as any liability policy covers more than one
insured, all terms, conditions, insuring agreements and endorsements (except limits of liability) shall operate as if there were a separate policy covering each insured. Each Loan Party shall take all actions required under the Flood Laws to the
extent reasonably requested by the Administrative Agent to assist in ensuring that each Lender is in compliance with the Flood Laws applicable to the Collateral, including, but not limited to, (i) maintaining such flood insurance in full force
and effect and otherwise sufficient to comply with all applicable rules and regulations promulgated pursuant to the Flood Laws and (ii) delivering to the Administrative Agent evidence of such compliance in form and substance reasonably
acceptable to the Administrative Agent. If a Casualty Event occurs, the Borrower shall promptly notify the Administrative Agent of such event and the estimated (or actual, if available) amount of such loss. 

8.1.4 Maintenance of Properties and Leases. 

Each Loan Party shall maintain in good repair, working order and condition (ordinary wear and tear excepted) in accordance
with the general practice of other businesses of similar character and size, all of those material properties useful or necessary to its business, and from time to time, such Loan Party will make or cause to be made, in a reasonably diligent
fashion, all appropriate repairs, renewals or replacements thereof. 
 8.1.5 Visitation Rights; Field
Examinations. 
 Each Loan Party shall permit any of the officers or authorized employees or representatives
of the Administrative Agent or any of the Lenders (so long as no Event of Default has occurred and is continuing, at such Administrative Agent’s or Lender’s expense) to visit and inspect any of its properties during normal business hours
and to examine (including, without limitation, any field examinations) and make excerpts from its books and records and discuss its business affairs, finances and accounts with its officers, all in such detail and at such times and as often as any
of the Lenders may reasonably request, provided that each Lender shall provide the Borrower and the Administrative Agent with reasonable notice prior to any visit or inspection, all such visits and inspections shall be made in accordance with such
Loan Party’s standard safety, visit and inspection procedures and no such visit or inspection shall interfere with such Loan Party’s normal business operation. In the event any Lender desires to conduct an audit of any Loan Party, such
Lender shall make a reasonable effort to conduct such audit contemporaneously with any audit to be performed by the Administrative Agent. 

  
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 8.1.6 Keeping of Records and Books of Account. 

The Borrower and each other Loan Party shall maintain and keep proper books of record and account which enable the
Borrower to issue financial statements in accordance with GAAP and as otherwise required by applicable Laws of any Official Body having jurisdiction over the Borrower or any other Loan Party, and in which full, true and correct entries shall be made
in all material respects of all its dealings and business and financial affairs. Without limiting the generality of the foregoing, the Loan Parties shall maintain adequate allowances on its books in accordance with GAAP for (i) future costs
associated with any lung disease claim alleging pneumoconiosis or silicosis or arising out of exposure or alleged exposure to coal dust or the coal mining environment, (ii) future costs associated with retiree and health care benefits,
(iii) future costs associated with reclamation of disturbed acreage, removal of facilities and other closing costs in connection with its mining activities and (iv) future costs associated with other potential Environmental Liabilities.

 8.1.7 Compliance with Laws. 

Each Loan Party shall comply with all applicable Laws, including all Environmental Laws, in all material respects,
provided that it shall not be deemed to be a violation of this Section 8.1.7 if any failure to comply with any Law would not result in fines, penalties, remediation costs, other similar liabilities or injunctive relief which in the aggregate
would reasonably be expected to result in a Material Adverse Change. 
 8.1.8 Use of Proceeds. 

The Loan Parties will use the Letters of Credit and the proceeds of the Loans only as follows: (i) to refinance all
amounts outstanding under the 2010 Credit Agreement, (ii) to provide for the continuance of Letters of Credit issued thereunder, and (iii) to provide for general corporate purposes of the Loan Parties, including, without limitation,
Letters of Credit, Permitted Acquisitions, transactions fees and expenses, working capital and capital expenditures of the Loan Parties. The Loan Parties shall not use the Letters of Credit or the proceeds of the Loans for any purposes which
contravenes any applicable Law or any provision hereof. 
 8.1.9 Further Assurances. 

Each Loan Party shall, from time to time, at its expense, faithfully preserve and protect the Lien on and Prior Security
Interest in the Collateral in favor of the Collateral Trustee for the benefit and of the Secured Parties as a continuing first priority perfected Lien, subject only to Permitted Liens, and shall do such other acts and things as the Administrative
Agent in its reasonable discretion may deem necessary or advisable from time to time in order to preserve, perfect and protect the Liens granted under the Loan Documents and to exercise and enforce the Collateral Trustee’s rights and remedies
thereunder with respect to the Collateral. 
 8.1.10 Subordination of Intercompany Loans. 

Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any other Loan
Party (other than the Borrower) to be subordinated 

  
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pursuant to the terms of the Intercompany Subordination Agreement. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any Loan Party to any CNX Gas Loan Party to
be subordinated pursuant to the terms of the CNX Gas Intercompany Subordination Agreement. 
 8.1.11
[Reserved]. 
 8.1.12 Anti-Terrorism Laws. 

None of the Loan Parties is or shall be (i) a Person with whom any Lender is restricted from doing business under
Executive Order No. 13224 or any other Anti-Terrorism Law, (ii) engaged in any business involved in making or receiving any contribution of funds, goods or services to or for the benefit of such a Person or in any transaction that evades
or avoids, or has the purpose of evading or avoiding, the prohibitions set forth in any Anti-Terrorism Law, or (iii) otherwise in violation of any Anti-Terrorism Law. Upon the request of any Lender, the Loan Parties shall provide to the Lenders
certification confirming compliance by the Loan Parties with Anti-Terrorism Laws. 
 8.1.13 Maintenance of
Coal Supply Agreements and Material Contracts. 
 Each Loan Party shall maintain and materially comply with
the terms and conditions of all coal supply agreements and Material Contracts, the nonperformance of which would reasonably be expected to result in a Material Adverse Change. 

8.1.14 Collateral. 
 Pursuant to the Loan Documents, the Loan Parties shall grant, or cause to be granted, to the Collateral Trustee, for the benefit of the Secured Parties, a first priority security interest in and lien on,
subject only to Permitted Liens, (i) all capital stock and other equity interests owned by the Loan Parties (including all stock owned in CNX Gas), but only up to 65% of the capital stock or other equity interests of the Foreign Subsidiaries
that are wholly-owned directly by the Borrower or any other Loan Party and none of the capital stock or equity interests of the other Excluded Subsidiaries (other than CNX Gas (as set forth above)), and (ii) all of the other assets (except as
excluded or limited above or as excluded in any Security Document or any other Loan Document) of the Loan Parties including all accounts, inventory, as-extracted collateral, fixtures, equipment, investment property, instruments, chattel paper,
general intangibles, Coal reserves, methane gas reserves, coal bed methane reserves, mineral rights, owned and leased Real Property, leasehold interests, patents and trademarks of each of the Loan Parties whether owned on the Closing Date or
subsequently acquired; provided however, Liens will not be required on (a) the assets described on Schedule 8.1.14, (b) any stock or assets acquired after June 27, 2007 in a Permitted Acquisition under this Agreement,
the 2007 Credit Agreement or the 2010 Credit Agreement, (c) any parcel of real property or any as-extracted collateral related thereto acquired after June 27, 2007 having a market value of less than the Threshold Amount, (d) any
patents, trademarks, trade names and copyrights other than the Intellectual Property Collateral, (e) other than any capital stock of CNX Gas, any capital stock or other equity interests in any Person that is not a direct or indirect Subsidiary
of the Borrower or any other Loan Party, or (f) the Baltimore Dock Facility. 

  
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 8.1.15 Maintenance of Permits. 

The Loan Parties shall maintain all Required Mining Permits in full force and effect in accordance with their terms except
where the failure to do so would not reasonably be expected to result in a Material Adverse Change. 
 8.1.16
Post-Closing Matters. 
 The Loan Parties shall execute and deliver to the Administrative Agent the
documents and complete the tasks set forth on Schedule 8.1.16 hereto, within time frames set forth therein, unless otherwise waived or extended by the Administrative Agent in its sole discretion. 

8.2 Negative Covenants. 
 The Loan Parties, jointly and severally, covenant and agree that until payment in full of the Loans, Reimbursement Obligations and Letter of Credit Borrowings, and interest thereon, expiration or
termination of all Letters of Credit, satisfaction of all of the Loan Parties’ other Obligations hereunder and termination of the Commitments, the Loan Parties shall comply with the following negative covenants: 

8.2.1 Indebtedness. 
 None of the Loan Parties shall at any time create, incur, assume or suffer to exist any Indebtedness, except: 
 (i) Indebtedness under the Loan Documents; 
 (ii) Indebtedness
existing on the Original Closing Date as set forth on Schedule 8.2.1 (including any Refinancings thereof); 
 (iii) Indebtedness secured by Liens permitted by clause (vii) of the definition of “Permitted Liens”; provided that the aggregate amount of such secured Indebtedness shall not exceed
$250,000,000 (excluding for the purpose of this computation any loans or deferred payments secured by Liens described on Schedule 1.1(P)), and provided, further, that at the time of the incurrence of any such Indebtedness no Potential Default
or Event of Default shall exist; 
 (iv) Indebtedness of any Loan Party payable to any other Loan Party so long
as such Indebtedness is subordinated in accordance with the provisions of Section 8.1.10 [Subordination of Intercompany Loans]; 
 (v) Indebtedness incurred in connection with any Swap Transaction entered into in the ordinary course of business and, other than Swap Transactions related to commodities, are not speculative; 

(vi) [Reserved]; 

  
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 (vii) Indebtedness secured by Liens permitted by clauses (viii), (xi),
(xii), (xiv), or (xxii) of the definition of “Permitted Liens”; 
 (viii) Indebtedness secured by
a Lien permitted by clause (xv) of the definition of “Permitted Liens”; provided that the aggregate amount of such secured Indebtedness shall not exceed $50,000,000 at any time, and provided, further, that at the time of the
incurrence of any such Indebtedness no Potential Default or Event of Default shall exist; 
 (ix) Indebtedness of
the type reflected in clause (k) of the definition of “Indebtedness” arising out of or with respect to surety and performance bonds procured by the Loan Parties in the ordinary course of its business or Indebtedness secured by Liens
permitted by clauses (i), (ii), (iii), (iv) or (xiii) of the definition of “Permitted Liens”; 
 (x) additional unsecured Indebtedness; provided that, at the time such unsecured Indebtedness is incurred, the Loan Parties can demonstrate pro forma compliance with the covenants contained in
Section 8.2.15 [Maximum Leverage Ratio], Section 8.2.16 [Minimum Interest Coverage Ratio] and Section 8.2.17 [Maximum Senior Secured Leverage Ratio] (including in such computations all Indebtedness incurred under this clause),
including any Refinancings thereof; 
 (xi) Indebtedness relating to the Senior Notes (2010) and the Senior
Notes (2011); and 
 (xii) in-kind obligations relating to oil and gas balancing positions arising in the
ordinary course of business. 
 8.2.2 Liens. 

None of the Loan Parties shall at any time create, incur, assume or suffer to exist any Lien on any of its property or
assets, tangible or intangible, now owned or hereafter acquired, or agree or become liable to do so, except Permitted Liens. 
 8.2.3 Guaranties. 
 None of the Loan Parties shall at any
time, directly or indirectly, become or be liable in respect of any Guaranty, or assume, guarantee, become surety for, endorse or otherwise agree, become or remain directly or contingently liable upon or with respect to any obligation or liability
of any other Person, except: 
 (i) any Guaranty by any Loan Party of representations, warranties, performance
covenants, or indemnities arising in connection with any sale or other disposition of assets of any Loan Party permitted by this Agreement (other than a Permitted Gas Properties Disposition); 

  
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 (ii) any Guaranty by any Loan Party of any Indebtedness, liabilities or
other obligations of any other Loan Party; 
 (iii) any Guaranty by any Loan Party pursuant to the Guaranty
Agreement; 
 (iv) any existing Guaranty that is set forth on Schedule 8.2.3; 

(v) any Guaranty by any Loan Party, other than those specifically excepted pursuant to clauses (i) through
(iv) above and (vi) below, for outstanding obligations (whether contingent or otherwise) so long as the outstanding aggregate amount of such Guaranties, at such time, plus, without duplication, the amount of Investments set forth in
Section 8.2.4(vi) below, does not exceed $600,000,000; provided that (x) for the purposes of calculating the outstanding aggregate amount of such Guaranties and such Investments, this aggregate amount shall be reduced by the aggregate
amount of any quantifiable rebate, dividend, return, or other financial benefit received by such Loan Party with respect to such Investments and Guaranties for the period from the Closing Date through and including the date of determination and
(y) any payment under any Guaranty permitted by clause (vi) below shall reduce the amount of Guaranties permitted by this Section 8.2.3(v); and 
 (vi) any Guaranty by any Loan Party of the indebtedness, liabilities or obligations under the CNX Gas Credit Agreement. 

8.2.4 Loans and Investments. 

None of the Loan Parties shall at any time make or suffer to remain outstanding any Investment or become or remain liable
for any Investments, except: 
 (i) trade credit extended on usual and customary terms in the ordinary course of
business; 
 (ii) (a) payroll, travel and similar advances to cover matters that are expected at the time of such
advances ultimately to be treated as expenses for accounting purposes and that are made in the ordinary course of business and (b) loans or advances to employees made in the ordinary course of business, provided that such loans and
advances to all such employees do not exceed an aggregate amount of $5,000,000 outstanding at any time; 
 (iii)
Permitted Investments; 
 (iv) Investments consisting of or in connection with any transaction permitted under
Section 8.2.6 [Liquidations, Mergers, Consolidations, Acquisitions] (including without limitation any Permitted Acquisition); 
 (v) in connection with the management of employee benefit trust funds of any Loan Party or any Subsidiary of any Loan Party, investment of such employee

  
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benefit trust funds in investments of a type generally and customarily used in the management of employee benefit trust funds; 

(vi) Investments, other than those specifically described in clauses (i) through (v) above and
(vii) through (xv) below, made by the Loan Parties after the Closing Date in all Persons (other than the Loan Parties) in the form of cash, unpaid loans or advances from the Loan Parties, so long as the outstanding aggregate amount of such
Investments, at such time, plus, without duplication, the amount of Guaranties set forth in Section 8.2.3(v) above, does not exceed $600,000,000; provided that (i) for purposes of calculating the outstanding aggregate amount of such
Investments, including such Guaranties, such aggregate amount shall be reduced by the aggregate amount of any quantifiable rebate, dividend, return, or other financial benefit received by such Loan Party with respect to such Investments and
Guaranties for the period from the Closing Date through and including the date of determination and (ii) any payment under any Guaranty permitted by Section 8.2.3(vi) shall reduce the amount of Investments permitted by this
Section 8.2.4(vi), and provided further that no Potential Default or Event of Default shall exist immediately prior to and after giving effect to such Investment; 

(vii) Investments of Non-Strategic Assets so long as no Potential Default or Event of Default shall exist immediately
prior to and after giving effect to such Investment; 
 (viii) Investments, other than those specifically
described in clauses (i) through (vii) above and (ix) and (xv) below, in the form of non-cash assets so long as the fair market value of such assets plus (without duplication) all sales, transfers, and dispositions of assets
under Section 8.2.7(viii) [Disposition of Assets or Subsidiaries], for the period from the Closing Date through and including the date of determination, does not exceed $250,000,000 in the aggregate; provided that no Potential Default or
Event of Default shall exist immediately prior to and after giving effect to such Investment; 
 (ix) Investments
existing as of the Original Closing Date; 
 (x) Investments in any Loan Party; 

(xi) Investments consisting of all or a portion of the Baltimore Dock Facility so long as no Potential Default or Event of
Default shall exist immediately prior to and after giving effect to such Investment; 
 (xii) [Reserved];

 (xiii) Investments consisting of (a) Gas Properties or (b) Permitted Coal Properties Dispositions,
in each case as permitted to be sold, conveyed, assigned, leased, sold and leased-back, abandoned or otherwise transferred or disposed of under Section 8.2.7 [Disposition of Assets or Subsidiaries] hereof; 

  
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 (xiv) stock, obligations or securities received in settlement of debts
created in the ordinary course of business and owing to any Loan Party or in satisfaction of judgments; and 

(xv) any Guaranties permitted by clauses (i) or (vi) of Section 8.2.3 [Guaranties]. 

8.2.5 Dividends and Related Distributions. 

None of the Loan Parties shall make or pay, or agree to become or remain liable to make or pay, any dividend or other
distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock, partnership interests or limited liability company interests on account of the purchase, redemption,
retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor), partnership interests or limited liability company interests, except: 

(i) dividends or other distributions payable to another Loan Party; 

(ii) dividends payable by the Borrower on common stock issued by the Borrower (a) not to exceed an annual rate of
$0.40 per share (such amount to be appropriately adjusted to reflect any stock split, reverse stock split, stock dividend or similar transaction occurring after the Closing Date so that the aggregate amount of dividends permitted after such
transaction is the same as the amount permitted immediately prior to such transaction) or (b) in any amount greater than $0.40 per share if at the time of any such dividend payment (1) no Event of Default or Potential Default shall exist
or shall result from such dividend payment after giving effect thereto; (2) the Leverage Ratio shall be 0.25 to 1.0 less than the maximum applicable Leverage Ratio permitted under Section 8.2.15 [Maximum Leverage Ratio] immediately prior
to and after giving effect to such dividend; and (3) the Borrower has Availability in excess of $100,000,000 after such dividend; 
 (iii) stock purchases or redemptions in connection with the exercise by employees or members of the board of directors of any Loan Party of any equity securities issued pursuant to an employee or board of
directors equity subscription agreement, equity option agreement or equity ownership arrangement or other compensation plan permitted to be issued hereunder; 
 (iv) common stock purchases or redemptions, made by the Borrower, of common stock issued by the Borrower, provided that at the time of any such purchases and redemptions, (1) no Event of
Default or Potential Default shall exist or shall result from such purchases or redemptions after giving effect thereto; (2) the Leverage Ratio at such time is less than 3.5 to 1.0; and (3) the Borrower has Availability in excess of
$100,000,000 after such purchases and redemptions; and 
 (v) dividends or other distributions payable by the
Borrower on common stock issued by the Borrower that are payable solely in common stock issued by the Borrower. 

  
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 8.2.6 Liquidations, Mergers, Consolidations, Acquisitions.

 None of the Loan Parties shall dissolve, liquidate or wind-up its affairs, or become a party to any merger or
consolidation, or acquire by purchase, lease or otherwise all or substantially all of a business or division of any other Person, provided that 
 (i) any Loan Party (other than the Borrower) may consolidate or merge into any other Loan Party and any Loan Party may consolidate or merge into the Borrower, provided that the Borrower is the
surviving entity, and any Loan Party may consolidate or merge with another Person that is required to become a Loan Party so long as such Loan Party is the survivor of such consolidation or merger; 

(ii) any Loan Party may acquire whether by purchase or by merger, (a) all of the ownership interests of another
Person or (b) substantially all of assets of another Person, constituting a business or division of another Person (each a “Permitted Acquisition”), provided that each of the following requirements is met: 

(A) the business acquired, or the business conducted by the Person whose ownership interests are being acquired, as
applicable, shall be substantially the same as, or shall support or be complementary to, one or more line or lines of business conducted by the Loan Parties and shall comply with Section 8.2.10 [Continuation of or Change in Business];

 (B) no Potential Default or Event of Default shall exist immediately prior to and after giving effect to such
Permitted Acquisition; 
 (C) the Borrower shall have, after giving effect to such Permitted Acquisition, at
least $100,000,000 of Availability; 
 (D)(1) the pro forma Leverage Ratio (including in such computation
Indebtedness incurred in connection with such Permitted Acquisition and including income earned or expenses incurred by the Person, business or assets to be acquired prior to the date of such Permitted Acquisition) is less than 3.5 to 1.0 after
taking into account such Permitted Acquisition or (2) if the pro forma Leverage Ratio (including in such computation Indebtedness incurred in connection with such Permitted Acquisition and including income earned or expenses incurred by the
Person, business or assets to be acquired prior to the date of such Permitted Acquisition) is 3.5 to 1.0 or higher after taking into account such Permitted Acquisition, the aggregate Consideration to be paid by the Loan Parties for such Permitted
Acquisition plus the Consideration paid for all other Permitted Acquisitions in the then current fiscal year shall not exceed $100,000,000; and 
 (E) if the Consideration to be paid by the Loan Parties for such Permitted Acquisition exceeds the Threshold Amount, the Loan Parties shall deliver to the Administrative Agent at least five
(5) Business Days before such Permitted Acquisition: (1) a certificate of the Borrower in substantially the form of Exhibit 8.2.6 evidencing (x) pro forma compliance with the covenant contained in Section

  
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8.2.16 [Minimum Interest Coverage Ratio], (y) if the Permitted Acquisition is of the type set forth in Subsection 8.2.6(ii)(D)(2) above, pro forma compliance with the covenant contained in
Section 8.2.17 [Maximum Senior Secured Leverage Ratio] or, if the Permitted Acquisition is of the type set forth in Subsection 8.2.6(ii)(D)(1) above, that the pro forma Leverage Ratio is less than 3.5 to 1.0 (and in each case including in such
computations Indebtedness incurred in connection with such Permitted Acquisition and including income earned or expenses incurred by the Person, business or assets to be acquired prior to the date of such Permitted Acquisition) and (z) that the
Borrower shall have, after giving effect to such Permitted Acquisition, at least $100,000,000 of Availability, and (2) copies of any agreements entered into or proposed to be entered into by such Loan Parties in connection with such Permitted
Acquisition and shall deliver to the Administrative Agent such other information about such Person or its assets as the Administrative Agent may reasonably require, and the Administrative Agent shall, to the extent it receives any such copies of
agreements or information, provide such copies of agreements or information to the Lenders; and 
 (iii) any Loan
Party that holds only de minimis assets and is not conducting any material business may dissolve. 
 8.2.7
Dispositions of Assets or Subsidiaries. 
 None of the Loan Parties shall sell, convey, assign, lease,
sell and leaseback, abandon or otherwise transfer or dispose of, voluntarily or involuntarily, any of its properties or assets, tangible or intangible (including sale, assignment, discount or other disposition of Accounts, equipment or general
intangibles with or without recourse or of capital stock, shares of beneficial interest, partnership interests or limited liability company interests of a Subsidiary of such Loan Party) or grant options or rights of first refusal in its assets,
except: 
 (i) transactions involving the sale of inventory in the ordinary course of business; 

(ii) any sale, transfer, lease, sublease or license of assets in the ordinary course of business which are no longer
necessary or required in the conduct of such Loan Party’s business or the grant in the ordinary course of business of any non-exclusive easements, permits, licenses, rights of way, surface leases or other surface rights or interests;

 (iii) any sale, transfer, lease, sublease or license of assets by any Loan Party to another Loan Party;

 (iv) any sale, transfer, lease, sublease or license of assets, so long as (A) within two hundred and
seventy (270) days following any such sale, transfer, lease, sublease or license of assets that were the subject thereof are replaced by or subject to contractual obligation for the replacement by, substitute, replacement or other assets of the
type used in any Loan Party’s business, and (B) all such substitute assets are subject to the Collateral Trustee’s Prior Security Interest for the benefit of the Secured Parties to the

  
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extent such substitute assets are required to be part of the Collateral pursuant to this Agreement or the other Loan Documents; provided that the fair market value of all assets sold,
transferred or leased under this clause in any given fiscal year shall not exceed $250,000,000 (for purposes of this Section, so long as an option or right of first refusal is in effect with respect to certain assets, it shall be treated as a
disposition on the date that the option or right of first refusal is granted); 
 (v) any sale of Accounts or
contracts giving rise to Accounts pursuant to the Permitted Receivables Financing to or by the Securitization Subsidiary, provided that at the time of any such sale no Event of Default shall exist or shall result from such sale after giving
effect thereto; 
 (vi) any sale of Accounts arising from the export outside of the U.S. of goods or services by
any Loan Party, provided that at the time of any such sale, no Event of Default or Potential Default shall exist or shall result from such sale after giving effect thereto; 

(vii) any lease, sublease or license of assets (with a Loan Party as the lessor, sublessor or licensor) in the ordinary
course of business, provided that the interests of the Loan Parties in any such lease, sublease or license are subject to the Lenders’ Prior Security Interest; 

(viii) any sale, transfer or lease of assets, other than those specifically excepted pursuant to clauses (i) through
(vii) above or (ix) through (xiii) below, so long as (A) the sum of (1) the Net Cash Proceeds of such sale, plus (2) all other Net Cash Proceeds from sales, transfers or leases of assets calculated for the period from
the Closing Date through and including the date of determination, does not exceed an aggregate amount of $250,000,000 less (without duplication) the fair market value of assets contributed in the form of Investments pursuant to
Section 8.2.4(viii) [Loans and Investments] subsequent to the Original Closing Date (for purposes of this Section, so long as an option or right of first refusal is in effect with respect to certain assets, it shall be treated as a disposition
on the date that the option or right of first refusal is granted), and (B) notification of any such sale, transfer or lease of assets shall be included within the Borrower’s Compliance Certificate delivered pursuant to Section 8.3.4
[Certificate of the Borrower] for each fiscal quarter in which any such sale, transfer or lease of assets has occurred; 
 (ix) Permitted Coal Properties Dispositions so long as the Collateral Coverage remains greater than or equal to 2.5 to 1.0 after giving effect to each such disposition, based on the Appraisal; 

(x) any sale, lease, transfer or other disposition of Gas Properties to any CNX Gas Loan Party so long as no Potential
Default or Event of Default is then in existence or will result therefrom (a “Permitted Gas Properties Disposition”); 
 (xi) [Reserved]; 

  
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 (xii) the sale, transfer or lease of Non-Strategic Assets so long as no
Potential Default or Event of Default is then in existence or will result therefrom and, in the event that the Net Cash Proceeds of such sale, transfer, or lease exceeds the Threshold Amount, the Loan Parties shall deliver to the Administrative
Agent at least five (5) Business Days before such sale, transfer or lease a certificate of the Borrower evidencing pro forma compliance with the covenants contained in Section 8.2.15 [Maximum Leverage Ratio], Section 8.2.16 [Minimum
Interest Coverage Ratio] and Section 8.2.17 [Maximum Senior Secured Leverage Ratio]; and 
 (xiii) the sale,
transfer or lease of all or any portion of the Baltimore Dock Facility so long as no Potential Default or Event of Default shall exist immediately prior to and after giving effect to such sale, transfer or lease. 

8.2.8 Affiliate Transactions. 

Except for Guaranties permitted hereby, none of the Loan Parties shall enter into or carry out any transaction with an
Affiliate thereof other than another Loan Party (including purchasing property or services from or selling property or services to any Affiliate of any Loan Party or other Person) unless (i) such transaction is not otherwise prohibited by this
Agreement, and (ii) such transaction either (a) would be entered into by a prudent Person in the position of such Loan Party or (b) is entered into upon fair and reasonable arm’s-length terms and conditions and is in accordance
with all applicable Law; provided that the foregoing shall not prohibit loans or advances to CNX Gas Loan Parties made in accordance with Section 8.2.4(vi). 

8.2.9 Subsidiaries, Partnerships and Joint Ventures. 

None of the Loan Parties shall own or create directly or indirectly any Subsidiaries other than (i) Excluded
Subsidiaries; (ii) any Subsidiary that has joined this Agreement as a Guarantor on the Closing Date; and (iii) any Subsidiary (other than an Excluded Subsidiary) acquired or formed after the Closing Date which joins this Agreement within
20 Business Days after the date of acquisition or formation thereof as a Guarantor by delivering to the Administrative Agent and Collateral Trustee, as applicable, (A) a signed Guarantor Joinder, (B) documents in the forms described in
Section 7.1 [Conditions to Amendment and Restatement; Conditions of Lending and Issuance of Letters of Credit], modified as appropriate, and (C) documents necessary to grant and perfect Prior Security Interests to the Collateral Trustee
for the benefit of the Secured Parties in the equity interests required to be pledged hereunder of, and Collateral held by, such Subsidiary; provided, however, that Subsidiaries formed or acquired in connection with Permitted
Acquisitions shall join this Agreement as Guarantors but shall not be required to grant a security interest to the Collateral Trustee for the benefit of the Secured Parties in the equity interests of, and property and other assets held by, such
Subsidiaries or deliver documentation under clause (C) above. The foregoing requirements shall not apply to Subsidiaries of CNX Gas; provided that if a Subsidiary of CNX Gas becomes a guarantor under the CNX Gas Credit Agreement, concurrently
therewith, such Subsidary shall deliver a signed joinder to the CNX Gas Guaranty Agreement (in the form attached thereto) to the Administrative Agent. Except in connection with an Investment permitted by Section 8.2.4 [Loans and Investments] or
as a result of a Permitted Acquisition, none of the Loan Parties shall become or agree to (1) become a 

  
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general partner in any general or limited partnership, except that the Loan Parties may be general partners in other Loan Parties, or (2) hold an equity interest in any Joint Venture.

 8.2.10 Continuation of or Change in Business. 

None of the Loan Parties shall engage in any business other than the business of the Loan Parties and their Subsidiaries,
substantially as conducted and operated by the Loan Parties and their Subsidiaries, taken as a whole, as of the Closing Date or business that supports or is complimentary to such business, and the Loan Parties shall not permit any material change in
the nature of such business. 
 8.2.11 Fiscal Year. 

The Borrower shall not, and shall not permit any other Loan Party to, change its fiscal year from the twelve-month period
beginning January 1 and ending December 31. 
 8.2.12 Issuance of Stock. 

The Borrower shall not permit any other Loan Party to issue any additional shares of such Loan Party’s capital stock
or any options, warrants or other rights in respect thereof to any Person other than to the Borrower or to any other Loan Party. 
 8.2.13 Changes in Organizational Documents; Amendments to Receivables Purchase Agreement. 
 (i) None of the Loan Parties shall amend in any material respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws, certificate of limited
partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents without providing at least ten (10) calendar days’ prior written notice to the Administrative Agent and the
Lenders and, in the event such change would be adverse in any material respect to the Lenders as reasonably determined by the Administrative Agent, obtaining the prior written consent of the Required Lenders. For purposes of the foregoing, it shall
be deemed material for, among other things, any amendment to affect the name of the entity, its state of formation, or its outstanding equity interests or the transferability thereof. 

(ii) None of the Loan Parties shall, or shall permit any of its Subsidiaries to, supplement, modify, amend, or restate the
Receivables Purchase Agreement in any material way from time to time without providing at least fifteen (15) calendar days’ prior written notice to the Administrative Agent and the Lenders and, in the event any supplement, modification,
amendment or restatement would make any covenant, default, event of default or other material term under the Receivables Purchase Agreement more restrictive, in any material respect, than the covenants, defaults, events of default or other material
terms of the Receivables Purchase Agreement as in effect on the Closing Date, as reasonably determined by the Administrative Agent, without obtaining the prior written consent of the Required Lenders. 

  
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 8.2.14 Certain Matters Regarding Certain Other Indebtedness.

 (i) None of the Loan Parties shall defease or make any prepayments, purchases, repurchases, or redemptions of
or in respect of the Senior Notes (2010) or the Senior Notes (2011), unless at the time of any such prepayment, purchase, repurchase or redemption, no Event of Default or Potential Default shall exist or shall result from such prepayment,
purchase, repurchase or redemption after giving effect thereto. 
 (ii) None of the Loan Parties shall
supplement, modify, amend, or restate in any material way any of the Senior Notes (2010) Indentures, the Senior Notes (2011) Indenture or the Indebtedness described on Schedule 8.2.1, from time to time without providing at least
fifteen (15) calendar days’ prior written notice to the Administrative Agent and the Lenders and, in the event any supplement, modification, amendment or restatement would make any covenant, default, event of default or other material term
under the Senior Notes (2010) Indentures, the Senior Notes (2011) Indenture or any of the Indebtedness described on Schedule 8.2.1, more restrictive, in any material respect, than the covenants, defaults, events of default or other
material terms of such Indebtedness, as in effect on the Closing Date, as reasonably determined by the Administrative Agent in its sole discretion, without obtaining the prior written consent of the Required Lenders. 

8.2.15 Maximum Leverage Ratio. 

The Loan Parties shall not permit the Leverage Ratio, calculated as of the end of each fiscal quarter, to be greater than
the following amounts for the following periods: 
  

					
	 Period
	  	Ratio	 
	 Closing Date through March 31, 2013
	  	 	4.75 to 1.0	  
	 June 30, 2013 and thereafter
	  	 	4.50 to 1.0	  

Notwithstanding the above, the maximum permitted Leverage Ratio shall be reduced (i) by 0.25 to 1.0 if the aggregate
gross proceeds received after the Closing Date by the Loan Parties from the Permitted Coal Properties Dispositions are in excess of $500,000,000, (ii) by an additional 0.25 to 1.0 if the aggregate gross proceeds received after the Closing Date
by the Loan Parties from the Permitted Coal Properties Dispositions are in excess of $1,000,000,000, and (iii) by an additional 0.25 to 1.0 if the aggregate gross proceeds received after the Closing Date by the Loan Parties from the Permitted
Coal Properties Dispositions are in excess of $1,500,000,000. 
 8.2.16 Minimum Interest Coverage Ratio.

 The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal
quarter, to be less than 2.5 to 1. 
 8.2.17 Maximum Senior Secured Leverage Ratio. 

The Loan Parties shall not permit the Senior Secured Leverage Ratio, calculated as of the end of each fiscal quarter, to
be greater than 2.0 to 1.0. 

  
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 8.2.18 Inconsistent Agreements. 

The Borrower shall not, and shall not permit any other Loan Party to, enter into any material agreement containing any
provision that would be violated or breached by any borrowing by the Borrower under this Agreement or by the performance by any Loan Party of their respective Obligations under this Agreement or under any other Loan Document. 

8.2.19 Restrictions on Upstream Dividends and Payments. 

The Borrower shall not, and shall not permit any other Loan Party to, enter into any agreement containing any provisions
that would prohibit, limit or otherwise restrict dividends or distributions payable by any Loan Party to any other Loan Party. 
 8.2.20 Certain Matters Regarding the Collateral Trust Agreement. 
 There shall be (i) no amendment, modification, supplement or restatement of nor any waiver or consent under the Collateral Trust Agreement (except as required as a condition to this Agreement), nor
(ii) any change after the Closing Date in the Person that is the Collateral Trustee as of the Closing Date, unless in the case of any of the matters under the immediately preceding clause (i) and clause (ii) the Borrower shall have
provided at least thirty (30) calendar days’ prior written notice thereof to the Administrative Agent and the Lenders and obtaining the written consent of the Administrative Agent and the Required Lenders. 

8.3 Reporting Requirements. 
 The Loan Parties, jointly and severally, covenant and agree that until payment in full of the Loans, Reimbursement Obligations and Letter of Credit Borrowings, and interest thereon, expiration or
termination of all Letters of Credit, satisfaction of all of the Loan Parties’ other Obligations hereunder and under the other Loan Documents and termination of the Commitments, the Loan Parties will furnish or cause to be furnished to the
Administrative Agent and each of the Lenders: 
 8.3.1 Quarterly Financial Statements. 

As soon as available and in any event within forty (40) calendar days after the end of each of the first three fiscal
quarters in each fiscal year (or such earlier or later date, from time to time established by the SEC in accordance with the Exchange Act applicable to the Borrower), financial statements of the Borrower, consisting of a consolidated balance sheet
as of the end of such fiscal quarter and related consolidated statements of income, stockholders’ equity, and cash flows for the fiscal quarter then ended and the fiscal year through that date, all in reasonable detail and certified (subject to
normal year-end audit adjustments) by the Chief Financial Officer or Treasurer of the Borrower as having been prepared in accordance with GAAP, consistently applied, and setting forth in comparative form the respective financial statements for the
corresponding date and period in the previous fiscal year. 

  
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 8.3.2 Annual Financial Statements. 

As soon as available and in any event within sixty (60) days after the end of each fiscal year of the Borrower (or
such earlier or later date, from time to time established by the SEC in accordance with the Exchange Act applicable to the Borrower), financial statements of the Borrower consisting of a consolidated balance sheet as of the end of such fiscal year,
and related consolidated statements of income, stockholders’ equity, and cash flows for the fiscal year then ended, all in reasonable detail and setting forth in comparative form the financial statements as of the end of and for the preceding
fiscal year, and certified by independent certified public accountants of nationally recognized standing reasonably satisfactory to the Administrative Agent. The certificate or report of accountants shall be free of qualifications (other than any
consistency qualification that may result from a change in the method used to prepare the financial statements as to which such accountants concur) and shall not indicate the occurrence or existence of any event, condition or contingency which would
materially impair the prospect of payment or performance of any covenant, agreement or duty of any Loan Party under any of the Loan Documents. 
 8.3.3 SEC Web Site. 
 Reports required to be delivered
pursuant to Sections 8.3.1 [Quarterly Financial Statements], 8.3.2 [Annual Financial Statements] and 8.3.8(i) and (ii) [Other Reports and Information] shall be deemed to have been delivered on the date on which such report is posted on the
SEC’s website at www.sec.gov, and such posting shall be deemed to satisfy the reporting requirements of Sections 8.3.1, 8.3.2 and 8.3.8(i) and (ii). 
 8.3.4 Certificate of the Borrower. 
 On or prior to the date
that the financial statements of the Borrower furnished to the Administrative Agent and to the Lenders pursuant to Section 8.3.1 [Quarterly Financial Statements] and 8.3.2 [Annual Financial Statements] are required to be furnished, a
certificate (each a “Compliance Certificate”) of the Borrower signed by the Chief Financial Officer or Treasurer of the Borrower, in the form of Exhibit 8.3.4, to the effect that, except as described pursuant to
Section 8.3.6 [Notices], (i) the representations and warranties contained in Section 6 and in the other Loan Documents are true on and as of the date of such certificate with the same effect as though such representations and
warranties had been made on and as of such date (except representations and warranties which expressly relate solely to an earlier date or time), (ii) no Event of Default or Potential Default exists and is continuing on the date of such
certificate and (iii) containing calculations in sufficient detail to demonstrate compliance as of the date of such financial statements with all financial covenants contained in Section 8.2 [Negative Covenants]. 

  
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 8.3.5 [Reserved.] 

8.3.6 Notices. 
 Notify the Administrative Agent: 
 (i) promptly after any
Responsible Officer of the Borrower has learned of the occurrence of any Potential Default or Event of Default; and 
 (ii) promptly after any Responsible Officer of the Borrower has learned of any event which could reasonably be expected to have a Material Adverse Change. 

8.3.7 Certain Events. 
 Written notice to the Administrative Agent and the Lenders: 
 (i)
as required by Section 8.2.6(ii)(E) [Liquidations, Mergers, Consolidations, Acquisitions], with respect to any proposed acquisition of assets pursuant to such Section; 

(ii) within the time limits set forth in Section 8.2.13 [Changes in Organizational Documents, Etc.], any material
amendment to the organizational documents of any Loan Party (for purposes of the foregoing, it shall be deemed material for, among other things, any amendment to affect the name of the entity, its state of formation, or its outstanding equity
interests or the transferability thereof) and also within such time limits the other notices required by such Section; and 
 (iii) within the time limits set forth in Section 8.2.14(ii) [Certain Matters Regarding Senior Notes (2010), the Senior Notes (2011) and Certain Other Indebtedness], any material supplement,
modification, amendment or restatement of certain Indebtedness described therein. 
 8.3.8 Other Reports and
Information. 
 (i) Any reports, notices or proxy statements generally distributed by the Borrower to its
stockholders on a date no later than the date supplied to such stockholders, 
 (ii) Regular or periodic reports,
including Forms 10-K, 10-Q and 8-K, registration statements and prospectuses, filed by the Borrower or any other Loan Party with the Securities and Exchange Commission, provided that the foregoing reports shall be deemed to have been delivered on
the date on which such report is posted on the SEC’s web site at www.sec.gov, and such posting shall be deemed to satisfy this reporting requirement, 
 (iii) Promptly upon their becoming available to the Borrower, a copy of any material order in any material proceeding to which the Borrower or any other Loan Party is a party issued by any Official Body,
and 

  
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 (iv) Promptly upon request, such other reports and information as any of the
Lenders may from time to time reasonably request, including without limitation, annual budgets and five year projections of the Borrower. The Borrower shall also notify the Lenders promptly of the enactment or adoption of any Law that would
reasonably be expected to result in a Material Adverse Change. 
 9. DEFAULT 

9.1 Events of Default. 
 An Event of Default shall mean the occurrence or existence of any one or more of the following events or conditions (whatever the reason therefor and whether voluntary, involuntary or effected by
operation of Law): 
 9.1.1 Payments Under Loan Documents. 

(i) The Borrower shall fail to make any scheduled payment of principal on any Loan when due or payment on any Letter of
Credit Borrowing within one (1) Business Day after such amount becomes due; or 
 (ii) The Borrower shall
fail to pay any interest on any Loan or any Letter of Credit Borrowing within three (3) days after such interest becomes due in accordance with the terms hereof; or 

(iii) The Borrower shall fail to pay any other amount owing hereunder (specifically excluding principal, Letter of Credit
Borrowings and interest, which are addressed in subparagraphs (i) and (ii) above) or under the other Loan Documents within the time period specified herein or therein and, if no time period is specified, then within three (3) days
after a demand or notice has been provided to the Borrower requesting payment of such amount; 
 9.1.2 Breach
of Warranty. 
 Any representation or warranty made at any time by any of the Loan Parties herein or by any
of the Loan Parties in any other Loan Document, or in any certificate, other instrument or statement furnished pursuant to the provisions hereof or thereof, shall prove to have been false or incorrect in any material respect as of the time it was
made or furnished; 
 9.1.3 Breach of Negative Covenants or Visitation Rights. 

Any of the Loan Parties shall default in the observance or performance of any covenant contained in Section 8.1.1
[Preservation of Existence, Inc.] (with respect to the legal existence of the Borrower only), Section 8.1.5 [Visitation Rights; Field Examinations], Section 8.2 [Negative Covenants] or Section 8.3.6 (i) [Notices]. 

9.1.4 Breach of Other Covenants. 

Any of the Loan Parties shall default in the observance or performance of any other covenant, condition or provision
hereof or of any other Loan Document and such default 

  
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shall continue unremedied for a period of thirty (30) days after any Responsible Officer of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in
the event such default can be remedied by corrective action of the Loan Parties as determined by the Administrative Agent in its sole discretion); 
 9.1.5 Defaults in Other Agreements or Indebtedness. 
 A
default or event of default shall occur at any time under the terms of (i) the Senior Notes (2010), (ii) the Senior Notes (2011), (iii) the Permitted Receivables Financing or (iv) any other agreement involving borrowed money or
the extension of credit or any other Indebtedness under which any Loan Party may be obligated as a borrower or guarantor in excess of the Threshold Amount in the aggregate, and such breach, default or event of default consists of the failure to pay
(beyond any period of grace permitted with respect thereto) any indebtedness when due (whether at stated maturity, by acceleration or otherwise) or if such breach or default permits or causes the acceleration of Indebtedness or the termination of
any commitment to lend in excess of the Threshold Amount; 
 9.1.6 Final Judgments or Orders. 

Any final judgments, awards or orders not covered by insurance for the payment of money in excess of the Threshold Amount
in the aggregate shall be entered against any Loan Party by a court having jurisdiction in the premises, which judgment is not discharged, vacated, bonded or stayed pending appeal within a period of sixty (60) days from the date of entry;

 9.1.7 Loan Document Unenforceable; Collateral Trust Agreement Unenforceable. 

(i) Except to the extent that such event occurs pursuant to the provisions of this Agreement, any of the Loan Documents to
which any Loan Party or CNX Gas Loan Party is a party shall cease to be legal, valid and binding agreements enforceable against such Person executing the same or such Person’s successors and assigns (as permitted under the Loan Documents) in
accordance with the respective terms thereof or shall cease to be in full force and effect (in either case except by operation of its terms) or shall be contested or challenged by any Loan Party or CNX Gas Loan Party or any agent thereof or cease to
give or provide the respective Liens, security interests, rights, titles, interests, remedies, powers or privileges intended to be created thereby (except by operation of its terms); or 

(ii) The Collateral Trust Agreement, at any time and for any reason (x) shall cease to be in full force and effect,
(y) is declared to be null and void or (z) is the subject of a challenge to, or a dispute over, any aspect of such Collateral Trust Agreement and such challenge or dispute is determined by the Administrative Agent to be reasonably likely
to adversely affect any Lien granted as security for the Obligations under any Loan Document; 
 9.1.8
Inability to Pay Debts; Attachment. 
 (i) Any Loan Party becomes unable or admits in writing its
inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution 

  
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or similar process is issued or levied against all or any substantial part of the property of any such Person and is not released, vacated or fully bonded within 60 days after its issue or levy;

 9.1.9 ERISA. 
 The occurrence of any of the following events that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Change: (i) an ERISA Event occurs with respect to a
Pension Plan or Multiemployer Plan which has resulted or could reasonably be expected to result in an actual obligation to pay money of the Borrower under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC, or (ii) the
Borrower or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan; 

9.1.10 Change of Control. 
 Any person or group of persons (within the meaning of Sections 13(d) or 14(a) of the Exchange Act) shall have acquired beneficial ownership of (within the meaning of Rule 13d-3 under the Exchange Act) 25%
or more of the voting capital stock of the Borrower; or (ii) within a period of twelve (12) consecutive calendar months, individuals who were directors of the Borrower on the first day of such period (or who were nominated by such
directors) shall cease to constitute a majority of the board of directors of the Borrower; 
 9.1.11
Involuntary Proceedings. 
 A proceeding shall have been instituted in a court having jurisdiction in the
premises seeking a decree or order for relief in respect of any Loan Party in an involuntary case under any applicable bankruptcy, insolvency, reorganization or other similar law now or hereafter in effect, or for the appointment of a receiver,
liquidator, assignee, custodian, trustee, sequestrator, conservator (or similar official) of any Loan Party for any substantial part of its property, or for the winding-up or liquidation of its affairs, and such proceeding shall remain undismissed
or unstayed and in effect for a period of sixty (60) consecutive days or such court shall enter a decree or order granting any of the relief sought in such proceeding; or 

9.1.12 Voluntary Proceedings. 

Any Loan Party shall commence a voluntary case under any applicable bankruptcy, insolvency, reorganization or other
similar law now or hereafter in effect, shall consent to the entry of an order for relief in an involuntary case under any such law, or shall consent to the appointment or taking possession by a receiver, liquidator, assignee, custodian, trustee,
sequestrator, conservator (or other similar official) of itself or for any substantial part of its property or shall make a general assignment for the benefit of creditors, or shall fail generally to pay its debts as they become due, or shall take
any action in furtherance of any of the foregoing. 
 9.2 Consequences of Event of Default. 

9.2.1 Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. 

  
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 If an Event of Default specified under Sections 9.1.1 [Payments under Loan
Documents] through 9.1.10 [Change of Control] shall occur and be continuing, no further obligation shall exist on the part of the Lenders to make Loans, PNC to make Swing Loans or any Issuing Lender to issue Letters of Credit, as the case may be,
and the Administrative Agent may, and upon the request of the Required Lenders, shall (i) by written notice to the Borrower, declare the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and
all other Obligations of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without
presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, and (ii) require the Borrower to, and the Borrower shall thereupon, deposit in a non-interest-bearing account with the Administrative Agent,
as cash collateral for its Obligations under the Loan Documents (other than with respect to any obligations pursuant to Section 2.9.10 [Cash Collateral Prior to Expiration Date], which obligations shall be cash collateralized pursuant to the
requirements of such Section), an amount equal to the maximum amount currently or at any time thereafter available to be drawn on all outstanding Letters of Credit, and the Borrower hereby pledges to the Administrative Agent and the Lenders, and
grants to the Administrative Agent and the Lenders a security interest in, all such cash as security for such Obligations. Moneys in such account shall be applied by the Administrative Agent (x) first, to reimburse each of the Issuing Lenders
for LC Disbursements for which it has not been reimbursed and (y) second, if the maturity of the Loans has been accelerated (with the consent of the Required Lenders), to satisfy other outstanding Obligations. Upon the curing of all existing
Events of Default to the satisfaction of the Required Lenders, the Administrative Agent shall return such cash collateral to the Borrower; and 
 9.2.2 Bankruptcy, Insolvency or Reorganization Proceedings. 

If an Event of Default specified under Section 9.1.11 [Involuntary Proceedings] or 9.1.12 [Voluntary Proceedings]
shall occur, no further obligation shall exist on the Lenders or PNC to make Loans or any Issuing Lender to issue any Letters of Credit hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any
unpaid fees and all other Obligations of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payable and the Borrower’s obligation to deposit cash collateral described in Section 9.2.1 [Events of Default Other
Than Bankruptcy, Insolvency or Reorganization Proceedings] shall become effective immediately, in each case, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and 

9.2.3 Set-off. 
 If an Event of Default shall occur and be continuing, any Lender to whom any Obligation is owed by any Loan Party hereunder or under any other Loan Document or any participant of such Lender which has
agreed in writing to be bound by the provisions of Section 5.3 [Sharing of Payments by Lenders] and any branch, Subsidiary or Affiliate of such Lender or participant anywhere in the world shall have the right, in addition to all other rights
and remedies available to it, without notice to such Loan Party, to set-off against and apply to the then unpaid balance of all the Loans and all other Obligations of the Borrower and the other Loan Parties

  
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hereunder or under any other Loan Document any debt owing to, and any other funds held in any manner for the account of, the Borrower or such other Loan Party by such Lender or participant or by
such branch, Subsidiary or Affiliate, including all funds in all deposit accounts (whether time or demand, general or special, provisionally credited or finally credited, or otherwise) now or hereafter maintained by the Borrower or such other Loan
Party for its own account (but not including funds held in custodian or trust accounts or funds not otherwise beneficially owned by the Borrower or such other Loan Party) with such Lender or participant or such branch, Subsidiary or Affiliate. Such
right shall exist whether or not any Lender or the Administrative Agent shall have made any demand under this Agreement or any other Loan Document, whether or not such debt owing to or funds held for the account of the Borrower or such other Loan
Party is or are matured or unmatured and regardless of the existence or adequacy of any Collateral, Guaranty or any other security, right or remedy available to any Lender or the Administrative Agent; and 

9.2.4 Suits, Actions, Proceedings. 

If an Event of Default shall occur and be continuing, and whether or not the Administrative Agent shall have accelerated
the maturity of Loans pursuant to any of the foregoing provisions of this Section 9.2, the Administrative Agent or any Lender, if owed any amount with respect to the Loans, may proceed to protect and enforce its rights by suit in equity, action
at law and/or other appropriate proceeding, whether for the specific performance of any covenant or agreement contained in this Agreement or the other Loan Documents, including as permitted by applicable Law the obtaining of the ex parte appointment
of a receiver, and, if such amount shall have become due, by declaration or otherwise, proceed to enforce the payment thereof or any other legal or equitable right of the Administrative Agent or such Lender; and 

9.2.5 Application of Proceeds; Collateral Trust Agreement. 

9.2.5.1 Application of Proceeds. 

From and after the date on which the Administrative Agent has taken any action pursuant to this Section 9.2 and until
all Obligations of the Loan Parties have been paid in full, any and all proceeds received by the Administrative Agent from any sale or other disposition of the Collateral, or any part thereof, or the exercise of any other remedy by the Collateral
Trustee or the Administrative Agent, shall be applied, subject to the provisions of the Collateral Trust Agreement, as follows: 
 (i) First, to payment of that portion of the Obligations constituting fees, indemnities, out-of-pocket expenses and other amounts (including reasonable fees, charges and disbursements of counsel to
the Administrative Agent, the Syndication Agent and the Collateral Trustee) payable to the Administrative Agent, the Syndication Agent or the Collateral Trustee in their respective capacities as such; 

(ii) Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other
than principal, interest and Letter of Credit Fees) payable to the Lenders and the Issuing Lender (including fees, charges and disbursements of counsel to the respective Lenders and the Issuing Lender) arising under the

  
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Loan Documents, ratably among them in proportion to the respective amounts described in this clause Second payable to them; 

(iii) Third, to payment of that portion of the Obligations constituting accrued and unpaid Letter of Credit Fees
and interest on the Loans, Letter of Credit Borrowings and other Obligations arising under the Loan Documents, ratably among the Lenders and the Issuing Lender in proportion to the respective amounts described in this clause Third payable to
them; 
 (iv) Fourth, to the Administrative Agent for the account of the Issuing Lender, to Cash
Collateralize that portion of Letter of Credit Obligations comprised of the aggregate undrawn amount of Letters of Credit to the extent not otherwise Cash Collateralized by the Borrower pursuant to this Agreement; 

(v) Fifth, to payment of that portion of the Obligations constituting unpaid principal of the Loans, Letter of
Credit Borrowings and Obligations then owing under Specified Swap Agreements and Other Lender Provided Financial Service Product, ratably among the Lenders, the Issuing Lender and the providers of Specified Swap Agreements and Other Lender Provided
Financial Service Product in proportion to the respective amounts described in this clause Fifth held by them; and 
 (vi) Last, the balance, if any, after all of the Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required by Law. 

9.2.5.2 Collateral Trust Agreement. 

Subject to sharing provisions set forth in the Collateral Trust Agreement, all Liens granted as security for the
Obligations under the Security Documents and any other Loan Document shall secure ratably and on a pari passu basis (i) the Obligations in favor of the Administrative Agent and the Lenders hereunder and (ii) the Obligations incurred by any
of the Loan Parties in favor of any Lender which provides a Specified Swap Agreement (the “Specified Swap Agreement Provider”). The Administrative Agent shall be deemed to serve as the collateral agent (the “Lender Group
Collateral Agent”) for each Specified Swap Agreement Provider, for itself as Administrative Agent and for the Lenders hereunder, provided that the Lender Group Collateral Agent shall comply with the instructions and directions of the
Administrative Agent (or the Lenders under this Agreement to the extent that this Agreement or any other Loan Documents empowers the Lenders to direct the Administrative Agent), as to all matters relating to the Collateral, including the maintenance
and disposition thereof. No Specified Swap Agreement Provider (except in its capacity as a Lender hereunder (to the extent that this Agreement or any other Loan Document empowers the Lenders to direct the Administrative Agent)) shall be entitled or
have the power to direct or instruct the Lender Group Collateral Agent on any such matters or to control or direct in any manner the maintenance or disposition of the Collateral. 

9.2.6 Other Rights and Remedies. 

In addition to all of the rights and remedies contained in this Agreement or in any of the other Loan Documents (including
each Mortgage), subject to the Collateral Trust 

  
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Agreement, the Administrative Agent and the Collateral Trustee shall have all of the rights and remedies of a secured party under the Uniform Commercial Code or other applicable Law, all of which
rights and remedies shall be cumulative and non-exclusive, to the extent, subject to the Collateral Trust Agreement, permitted by Law. The Administrative Agent and the Collateral Trustee may, and upon the request of the Required Lenders shall,
exercise all post-default rights granted to the Administrative Agent and the Lenders under the Loan Documents or applicable Law. 
 9.3 Notice of Sale. 
 Any notice required to be given by the
Collateral Trustee of a sale, lease, or other disposition of the Collateral or any other intended action by the Collateral Trustee, if given to the Borrower at least ten (10) days prior to such proposed action, shall constitute commercially
reasonable and fair notice thereof to the Borrower. 
 10. THE ADMINISTRATIVE AGENT 

10.1 Appointment and Authority. 
 Each Lender and Issuing Lender hereby irrevocably designates, appoints and authorizes: (i) PNC to act as Administrative Agent for such Lender under this Agreement and to execute and deliver or accept
on behalf of each of the Lenders the other Loan Documents, (ii) Bank of America to act as Syndication Agent for each Lender under this Agreement, and (iii) PNC to act as Collateral Trustee pursuant to the Collateral Trust Agreement. Each
Lender hereby irrevocably authorizes, and each holder of any Note by the acceptance of a Note shall be deemed irrevocably to authorize, the Administrative Agent to take such action on its behalf under the provisions of this Agreement and the other
Loan Documents and any other instruments and agreements referred to herein, and to exercise such powers and to perform such duties hereunder as are specifically delegated to or required of the Administrative Agent, the Syndication Agent or any of
them by the terms hereof, together with such powers as are reasonably incidental thereto. PNC agrees to act as the Administrative Agent on behalf of the Lenders to the extent provided in this Agreement, and Bank of America, N.A. agrees to act as
Syndication Agent on behalf of the Lenders to the extent provided in this Agreement. The provisions of this Section 10 are solely for the benefit of the Administrative Agent, the Syndication Agent, the Lenders and the Issuing Lender, and
neither the Borrower nor any other Loan Party shall have rights as a third party beneficiary of any of such provisions, except as set forth in Section 10.10 [Authorization to Release Collateral and Guarantors; Certain Amendments]. 

10.2 Rights as a Lender. 
 The Person serving as the Administrative Agent and Syndication Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it
were not the Administrative Agent or Syndication Agent, as applicable, and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the
Administrative Agent or Syndication Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and

  
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generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent or Syndication Agent hereunder and
without any duty to account therefor to the Lenders. 
 10.3 Exculpatory Provisions. 

The Administrative Agent and Syndication Agent shall not have any duties or obligations except those expressly set forth herein and in
the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent and the Syndication Agent : 
 (a) shall not be subject to any fiduciary or other implied duties, regardless of whether a Potential Default or Event of Default has occurred and is continuing; 

(b) shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary
rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent or Syndication Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the
Lenders as shall be expressly provided for herein or in the other Loan Documents); provided that the Administrative Agent or Syndication Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may
expose such Administrative Agent or Syndication Agent to liability or that is contrary to any Loan Document or applicable Law; and 
 (c) shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the
Borrower or any of its Affiliates that is communicated to or obtained by the Person serving as the Administrative Agent or Syndication Agent any of their Affiliates in any capacity. 

The Administrative Agent and Syndication Agent shall not be liable for any action taken or not taken by it (i) with the consent or
at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent or Syndication Agent shall believe in good faith shall be necessary, under the circumstances as provided
in Sections 11.1 [Modifications, Amendments or Waivers] and 9.2 [Consequences of Event of Default]) or (ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent and Syndication Agent shall be deemed
not to have knowledge of any Potential Default or Event of Default unless and until notice describing such Potential Default or Event of Default is given to the Administrative Agent and/or Syndication Agent, as applicable, by the Borrower, a Lender
or the Issuing Lender. 
 The Administrative Agent and Syndication Agent shall not be responsible for or have any duty to
ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or
thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Potential Default or Event of Default,
(iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any 

  
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other Loan Document or any other agreement, instrument or document or (v) the satisfaction of any condition set forth in Section 7 [Conditions to Amendment and Restatement; Conditions
of Lending and Issuance of Letters of Credit] or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. 
 10.4 Reliance by Agents. 
 The Administrative Agent and Syndication Agent
shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting
or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent and Syndication Agent also may rely upon any statement made to it orally or by telephone and
believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance of a Letter of Credit, that by its terms
must be fulfilled to the satisfaction of a Lender or the Issuing Lender, the Administrative Agent and Syndication Agent may presume that such condition is satisfactory to such Lender or the Issuing Lender unless the Administrative Agent and/or
Syndication Agent shall have received notice to the contrary from such Lender or the Issuing Lender prior to the making of such Loan or the issuance of such Letter of Credit. The Administrative Agent and Syndication Agent may consult with legal
counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

 10.5 Delegation of Duties. 
 The Administrative Agent and Syndication Agent may perform any and all of their duties and exercise their rights and powers hereunder or under any other Loan Document by or through any one or more
sub-agents appointed by the Administrative Agent. The Administrative Agent, Syndication Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties. The
exculpatory provisions of this Section 10 shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and Syndication Agent and any such sub-agent, and shall apply to their respective activities in connection with
the syndication of the credit facilities provided for herein as well as activities as Administrative Agent and Syndication Agent. 
 10.6 Resignation of Agents. 
 The Administrative Agent and/or Syndication
Agent may at any time give notice of its resignation to the Lenders, the Issuing Lender and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, with approval from the Borrower (so long as no Event
of Default has occurred and is continuing), to appoint a successor, such approval not to be unreasonably withheld or delayed. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within
thirty (30) days after the retiring Administrative Agent and/or Syndication Agent gives notice of its resignation, then the retiring Administrative Agent and/or Syndication Agent may on behalf of

  
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the Lenders and the Issuing Lender, appoint a successor Administrative Agent and/or Syndication Agent meeting the qualifications set forth above; provided that if the Administrative Agent
and/or Syndication Agent shall notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance with such notice and (i) the retiring
Administrative Agent and/or Syndication Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Administrative Agent on behalf of the
Lenders or the Issuing Lender under any of the Loan Documents, the retiring Administrative Agent shall continue to hold such collateral security until such time as a successor Administrative Agent is appointed) and (ii) all payments,
communications and determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender and the Issuing Lender directly, until such time as the Required Lenders appoint a successor Administrative
Agent as provided for above in this Section 10.6. Upon the acceptance of a successor’s appointment as Administrative Agent and/or Syndication Agent hereunder, such successor shall succeed to and become vested with all of the rights,
powers, privileges and duties of the retiring (or retired) Administrative Agent and/or Syndication Agent, and the retiring Administrative Agent and/or Syndication Agent shall be discharged from all of its duties and obligations hereunder or under
the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed
between the Borrower and such successor. After the retiring Administrative Agent’s and/or Syndication Agent resignation hereunder and under the other Loan Documents, the provisions of this Section 10.6 and Section 11.3 [Expenses;
Indemnity; Damage Waiver] shall continue in effect for the benefit of such retiring Administrative Agent and/or Syndication Agent, their sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of
them while the retiring Administrative Agent and/or Syndication Agent was acting as Administrative Agent and/or Syndication Agent, as applicable. 
 If PNC resigns as Administrative Agent under this Section 10.6, PNC shall also resign as an Issuing Lender; provided that if there are any Letters of Credit outstanding with PNC as the Issuing
Lender at the time of PNC’s resignation as the Administrative Agent, notwithstanding any provision to the contrary in the foregoing paragraph, PNC’s resignation as the Issuing Lender shall not be effective until a successor Administrative
Agent has been appointed and the provisions of clause (ii) in the following sentence have been satisfied. Upon the appointment of a successor Administrative Agent hereunder, such successor shall (i) succeed to all of the rights, powers,
privileges and duties of PNC as the retiring Issuing Lender and Administrative Agent and PNC shall be discharged from all of its respective duties and obligations as Issuing Lender and Administrative Agent under the Loan Documents, and
(ii) issue letters of credit in substitution for the Letters of Credit issued by PNC, if any, outstanding at the time of such succession or make other arrangement satisfactory to PNC to effectively assume the obligations of PNC with respect to
such Letters of Credit. 
 If the Person serving as Administrative Agent is a Defaulting Lender pursuant to
clause (d) of the definition thereof, the Required Lenders may, to the extent permitted by applicable law, by notice in writing to the Borrower and such Person remove such Person as Administrative Agent and, in consultation with the Borrower,
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shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days (or such earlier day as shall be agreed by the Required Lenders) (the “Removal
Effective Date”), then such removal shall nonetheless become effective in accordance with such notice on the Removal Effective Date. 
 10.7 Non-Reliance on Administrative Agent and Other Lenders. 
 Each Lender
and the Issuing Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or Syndication Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed
appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and the Issuing Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of
their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any
related agreement or any document furnished hereunder or thereunder. 
 10.8 No Other Duties, etc. 

Anything herein to the contrary notwithstanding, none of the Lenders listed on the cover page hereof shall have any powers, duties or
responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, Syndication Agent, Collateral Trustee, a Lender or the Issuing Lender hereunder. 

10.9 Administrative Agent’s Fee. 
 The Borrower shall pay to the Administrative Agent a nonrefundable fee (the “Administrative Agent’s Fee”) under the terms of a letter (the “Administrative Agent’s
Letter”) between the Borrower and Administrative Agent, as amended from time to time. 
 10.10 Authorization to
Release Collateral and Guarantors; Certain Amendments. 
 It is expressly agreed by each Lender and each Issuing Lender,
that (i) upon the written request of the Borrower (accompanied by such certificates and other documentation as the Administrative Agent may reasonably request) the Administrative Agent on behalf of the Lenders and without any consent or action
by any Lender, shall, so long as no Event of Default exists after giving effect thereto, release, subordinate, enter into non-disturbance agreements or consent to the release by the Collateral Trustee of or with respect to (x) any
Collateral or any Guarantor from a Guaranty Agreement or any other Loan Document, in either case, in connection with any sale, transfer, lease, disposition, merger or other transaction permitted or not prohibited by this Agreement (including without
limitation, a release of Accounts or contracts giving rise to Accounts from time to time in connection with the Permitted Receivables Financing and releases in connection with any Permitted Gas Properties Disposition or Permitted Coal Properties
Disposition), such release to include releases from the Guaranty Agreement or any other Loan Document of any Loan Party that becomes an Excluded Subsidiary or ceases to be a Subsidiary pursuant to any sale, transfer, lease, disposition, merger or
other transaction permitted by this 

  
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Agreement and a release of all the assets of such Loan Party that becomes an Excluded Subsidiary or ceases to be a Subsidiary (other than, with respect to CNX Gas, a pledge of its capital stock
or equity interests directly owned by any Loan Party) or (y) any assets no longer required to be Collateral pursuant to the terms hereof or of any other Loan Document or (z) any easements, permits, licenses, rights of way,
surface leases or other surface rights or interests permitted to be granted hereunder, and (ii) notwithstanding Section 11.1 [Modifications, Amendments or Waivers] or any other provision in any Loan Document to the contrary, the
Administrative Agent may, on behalf of the Lenders and without any consent or action by any Lender, amend, modify, supplement, restate, terminate or release in whole or in part any of the Loan Documents from time to time or consent to such action by
the Collateral Trustee to (a) cure any defect or error, (b) comply with any provision hereunder or under any other Loan Document, (c) add Guarantors of the Obligations; (d) add property or other assets as Collateral, (e) add
covenants of the Borrower or the other Loan Parties for the benefit of the Lenders or to surrender any right or power herein conferred upon the Borrower or any of the other Loan Parties, (f) approve of any correction or update to any Schedule
hereto or to any other Loan Document to the extent such Schedule is being corrected in any manner that is not material or is being updated to reflect the consummation of any transaction or exercise of any rights of the Loan Parties permitted
hereunder for which no consent is required or for which the required consent has been received, (g) make any change that does not adversely affect the rights of any Lender, (h) release from perfection any Lien created by any Loan Document
that is no longer required by the terms hereof or such Loan Document to be perfected, or (i) share Collateral on a pro rata basis with any counterparty to a Specified Hedge Agreement described in clause (iii) of the definition of Specified
Hedge Agreement. 
 10.11 No Reliance on Administrative Agent’s Customer Identification Program. 

Each Lender acknowledges and agrees that neither such Lender, nor any of its Affiliates, participants or assignees, may rely on the
Administrative Agent to carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the USA Patriot Act or the regulations
thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or
in connection with any of the Loan Parties, their Affiliates or their agents, the Loan Documents or the transactions hereunder or contemplated hereby: (i) any identity verification procedures, (ii) any recordkeeping, (iii) comparisons
with government lists, (iv) customer notices or (v) other procedures required under the CIP Regulations or such other Laws. 
 10.12 Certain Matters Regarding the Collateral Trust Agreement. 
 (a) Each
Lender agrees that the Loan Parties shall be permitted to obtain releases of Liens on the Collateral directly from the Collateral Trustee to the extent that the Loan Parties are selling, transferring, leasing, disposing of, merging, or investing
assets (including entities) or otherwise entering into a transaction permitted or not prohibited by this Agreement; provided that during the existence of a Potential Default or Event of Default, all releases shall be with the authorization of
the Administrative Agent. Each Lender, by its execution and delivery of this Agreement, hereby authorizes the Administrative Agent to take all actions under or in connection with the Collateral Trust

  
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Agreement required to be taken by the Administrative Agent on behalf of such Lender under the Collateral Trust Agreement. 
 (b) Each Loan Party, by its execution and delivery of this Agreement, hereby authorizes the Administrative Agent to contact any of the Secured Parties to obtain the “Payment Information” as
defined in the Collateral Trust Agreement, pursuant to a request of the Collateral Trustee. 
 11. MISCELLANEOUS

 11.1 Modifications, Amendments or Waivers. 
 With the written consent of the Required Lenders, the Administrative Agent, acting on behalf of all the Lenders, and the Borrower, on behalf of the Loan Parties, may from time to time enter into written
agreements amending or changing any provision of this Agreement or any other Loan Document or the rights of the Lenders or the Loan Parties hereunder or thereunder, or may grant written waivers or consents hereunder or thereunder; provided,
that no consent of any Lender is required for releases, corrections, amendments, updates or other transactions or actions authorized by Section 10.10 [Authorization to Release Collateral and Guarantors; Certain Amendments]. Any such agreement,
waiver or consent made with such written consent shall be effective to bind all the Lenders and the Loan Parties; provided, that no such agreement, waiver or consent may be made which will: 

11.1.1 Increase of Commitment. 

Increase the amount of the Revolving Credit Commitment or Swing Loan Commitments of any Lender hereunder without the
consent of such Lender; 
 11.1.2 Extension of Payment; Reduction of Principal Interest or Fees; Modification
of Terms of Payment. 
 Whether or not any Loans are outstanding, extend the Expiration Date or the time for
payment of principal or interest of any Loan, the Commitment Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan or reduce the Commitment Fee or any other fee payable to any Lender,
without the consent of each Lender directly affected thereby; 
 11.1.3 Release of Guarantor. 

Except as otherwise provided in this Agreement, without the written consent of: (i) the Super-Majority Lenders (other
than Defaulting Lenders), release any Guarantor from its Obligations under the Guaranty Agreement or the CNX Gas Guaranty Agreement, or (ii) all the Lenders (other than Defaulting Lenders), release any Guarantor that is a Significant Subsidiary
(as defined in Regulation S-X under the Exchange Act) of the Borrower from its Obligations under the Guaranty Agreement or all or substantially all of the Guarantors (as measured by fair market value of their assets) from their Obligations under the
Guaranty Agreement or the CNX Gas Guaranty Agreement; provided that the foregoing consents shall not be required in 

  
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connection with any sale, transfer, lease, disposition, merger or other transaction otherwise permitted by this Agreement and any Permitted Gas Properties Disposition or Permitted Coal Properties
Disposition, which such consents are given if required solely by the Administrative Agent pursuant to Section 10.10 [Authorization to Release Collateral and Guarantors; Certain Amendments]; 

11.1.4 Release of Collateral. 

Except as otherwise provided in this Agreement, without the written consent of: (i) the Super-Majority Lenders (other
than Defaulting Lenders), release any Collateral, or (ii) all the Lenders (other than Defaulting Lenders), release all or substantially all of the Collateral; provided that the foregoing consents shall not be required in connection with
any sale, transfer, lease, disposition, merger or other transaction otherwise permitted by this Agreement and any Permitted Gas Properties Disposition or Permitted Coal Properties Disposition, which such consents are given if required solely by the
Administrative Agent pursuant to Section 10.10 [Authorization to Release Collateral and Guarantors; Certain Amendments]; and provided further that in the event that the Borrower provides any applicable Issuing Lender with Cash Collateral
to secure any Letters of Credit with an expiry date beyond the Expiration Date pursuant to Section 2.9.10 [Cash Collateral Prior to the Expiration Date] the Issuing Lender is permitted to release such Cash Collateral without the consent of any
Lender once such Letter of Credit has terminated, expired or has otherwise been returned to the Issuing Lender undrawn; or 
 11.1.5 Miscellaneous. 
 Amend Section 5.2 [Pro Rata
Treatment of Lenders] or 5.3 [Sharing of Payments by Lenders] or this Section 11.1, alter any provision regarding the pro rata treatment of the Lenders or requiring all Lenders to authorize the taking of any action or reduce any percentage
specified in the definition of Required Lenders or Super-Majority Lenders, in each case without the consent of all of the Lenders; provided that no agreement, waiver or consent which would modify the interests, rights or obligations of the
Administrative Agent, the Syndication Agent, PNC in its capacity as the Lender of Swing Loans, or the Issuing Lender may be made without the written consent of such Administrative Agent, the Syndication Agent, PNC in its capacity as the Lender of
Swing Loans, or Issuing Lender, as applicable, and provided, further that, if in connection with any proposed waiver, amendment or modification referred to in Sections 11.1.1 through 11.1.5 above, the consent of the Required Lenders is
obtained but the consent of one or more of such other Lenders whose consent is required is not obtained (each a “Non-Consenting Lender”), then the Borrower shall have the right to replace any such Non-Consenting Lender with one or
more replacement Lenders pursuant to Section 5.6.2 [Replacement of a Lender]. 
 11.2 No Implied Waivers; Cumulative
Remedies. 

  
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 No course of dealing and no delay or failure of the Administrative Agent or
any Lender in exercising any right, power, remedy or privilege under this Agreement or any other Loan Document shall affect any other or future exercise thereof or operate as a waiver thereof, nor shall any single or partial exercise thereof
preclude any further exercise thereof or of any other right, power, remedy or privilege. The rights and remedies of the Administrative Agent and the Lenders under this Agreement and any other Loan Documents are cumulative and not exclusive of any
rights or remedies which they would otherwise have. 
 11.3 Expenses; Indemnity; Damage Waiver. 

11.3.1 Costs and Expenses. 
 The Borrower shall pay (i) all reasonable out-of-pocket expenses incurred by the Lead Arrangers, the Administrative Agent, the Syndication Agent, the Collateral Trustee and their Affiliates
(including the reasonable fees, charges and disbursements of outside counsel for the Administrative Agent and Syndication Agent), and shall pay all reasonable fees in connection with the syndication of the credit facilities provided for herein, the
preparation, negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or
thereby shall be consummated), (ii) all reasonable out-of-pocket expenses incurred by the Issuing Lender in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder,
(iii) all reasonable out-of-pocket expenses incurred by the Administrative Agent, Syndication Agent, Collateral Trustee, any Lender or the Issuing Lender (including the reasonable fees, charges and disbursements of any counsel for the
Administrative Agent, Syndication Agent, Collateral Trustee, any Lender or the Issuing Lender), in connection with the enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including its
rights under this Section, or (B) in connection with the Loans made or Letters of Credit issued hereunder, including all such reasonable out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans
or Letters of Credit, and (iv) all reasonable out-of-pocket expenses of the Administrative Agent’s and Syndication Agent’s regular employees and agents engaged periodically to perform audits of the Loan Parties’ books, records
and business properties. 
 11.3.2 Indemnification by the Borrower. 

The Borrower shall indemnify the Lead Arrangers, the Administrative Agent and Syndication Agent (and any sub-agent
thereof), each Lender and the Issuing Lender, and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims,
damages, liabilities and reasonable out-of-pocket related expenses (including the fees, charges and disbursements of any outside counsel for any Indemnitee) incurred by any Indemnitee or asserted against any Indemnitee by any third party or by the
Borrower or any other Loan Party arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance or
nonperformance by the Loan Parties of their respective obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds
therefrom (including any refusal by the Issuing 

  
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Lender to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit),
(iii) breach of representations, warranties or covenants of the Borrower under the Loan Documents, or (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, including any such items
or losses relating to or arising under Environmental Laws or pertaining to environmental matters, whether based on contract, tort or any other theory, whether brought by a third party or by the Borrower or any other Loan Party, and regardless of
whether any Indemnitee is a party thereto; provided that the Borrower shall not be liable for any portion of any liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements with respect to
an Indemnitee (A) if the same is determined by a court of competent jurisdiction in a final non-appealable judgment to have resulted from such Indemnitee’s gross negligence or willful misconduct, or (B) if the Borrower was not given
notice of the subject claim and the opportunity to participate in the defense thereof, at its expense (except that the Borrower shall remain liable to the extent such failure to give notice does not result in a loss to the Borrower), or (C) if
the same results from a compromise or settlement agreement entered into without notice to or the consent of the Borrower, which consent shall not be unreasonably withheld. The Indemnitees will attempt to minimize the fees and expenses of legal
counsel for the Indemnitees which are subject to reimbursement by the Borrower hereunder by considering the usage of one law firm to represent the Indemnitees if appropriate under the circumstances. 

11.3.3 Reimbursement by Lenders. 

To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under Sections 11.3.1 [Costs
and Expenses] or 11.3.2 [Indemnification by the Borrower] to be paid by it to the Administrative Agent and Syndication Agent (or any sub-agent thereof), the Issuing Lender or any Related Party of any of the foregoing, each Lender severally agrees to
pay to the Administrative Agent and Syndication Agent (or any such sub-agent), the Issuing Lender or such Related Party, as the case may be, such Lender’s Ratable Share (determined as of the time that the applicable unreimbursed expense or
indemnity payment is sought) of such unpaid amount, provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent or
Syndication Agent (or any such sub-agent) or the Issuing Lender in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent or Syndication Agent (or any such sub-agent) or Issuing Lender in
connection with such capacity. 
 11.3.4 Waiver of Consequential Damages, Etc. 

To the fullest extent permitted by applicable Law, the Borrower shall not assert, and hereby waives, any claim against any
Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement
or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof. No Indemnitee referred to in Section 11.3.2 [Indemnification by Borrower] shall be liable for
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unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or
the other Loan Documents or the transactions contemplated hereby or thereby, except to the extent such damages are found to be a final, non-appealable judgment of a court to arise from the gross negligence or willful misconduct of such Indemnitee.

 11.3.5 Payments. 

All amounts due under this Section shall be payable not later than ten (10) days after demand therefor. 

11.4 Holidays. Whenever payment of a Loan to be made or taken hereunder shall be due on a day which is not a Business Day such
payment shall be due on the next Business Day (except as provided in Section 4.2 [Interest Periods]) and such extension of time shall be included in computing interest and fees, except that the Loans shall be due on the Business Day preceding
the Expiration Date if the Expiration Date is not a Business Day. Whenever any payment or action to be made or taken hereunder (other than payment of the Loans) shall be stated to be due on a day which is not a Business Day, such payment or action
shall be made or taken on the next following Business Day, and such extension of time shall not be included in computing interest or fees, if any, in connection with such payment or action. 

11.5 Notices; Effectiveness; Electronic Communication. 

11.5.1 Notices Generally. 
 Except in the case of notices and other communications expressly permitted to be given by telephone (and except as provided in Section 11.5.2 [Electronic Communications]), all notices and other
communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by telecopier to it at its address set forth on Schedule 1.1(B). 

Notices sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been
given when received; notices sent by telecopier shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next
Business Day for the recipient). Notices delivered through electronic communications to the extent provided in Section 11.5.2 [Electronic Communications] shall be effective as provided in such Section. 

11.5.2 Electronic Communications. 

Notices and other communications to the Syndication Agent, the Lenders and the Issuing Lender hereunder may be delivered
or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent; provided that the foregoing shall not apply to notices to the Syndication Agent, any
Lender or the Issuing Lender if such Syndication Agent, Lender or the Issuing Lender, as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article by electronic communication and the
Administrative Agent shall have notified the Borrower of the same. The Administrative Agent or the Borrower may, in its discretion, agree to 

  
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accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to
particular notices or communications. Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the
intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement); provided that if such notice or other communication is not sent during the normal business hours
of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next Business Day for the recipient, and (ii) notices or communications posted to an Internet or intranet website shall be deemed
received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website address therefor. 

11.5.3 Change of Address, Etc. 

Any party hereto may change its address, e-mail address or telecopier number for notices and other communications
hereunder by notice to the other parties hereto. 
 11.6 Severability. 

The provisions of this Agreement are intended to be severable. If any provision of this Agreement shall be held invalid or unenforceable
in whole or in part in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such invalidity or unenforceability without in any manner affecting the validity or enforceability thereof in any other
jurisdiction or the remaining provisions hereof in any jurisdiction. 
 11.7 Duration; Survival. 

All representations and warranties of the Loan Parties contained herein or made in connection herewith shall survive the execution and
delivery of this Agreement, the completion of the transactions hereunder and Payment In Full. All covenants and agreements of the Borrower contained herein relating to the payment of principal, interest, premiums, additional compensation or expenses
and indemnification, including those set forth in the Notes, Section 2.9.10 [Cash Collateral Prior to the Expiration Date], Section 5 [Payments] and Section 11.3 [Expenses; Indemnity; Damage Waiver], shall survive payment in full of
all principal and interest under the Notes, the termination of the Commitments and the expiration or termination or cash collateralization of all Letters of Credit. All other covenants and agreements of the Loan Parties shall continue in full force
and effect from and after the date hereof and until Payment In Full. 
 11.8 Successors and Assigns. 

11.8.1 Successors and Assigns Generally. 

The provisions of this Agreement shall be binding upon, and inure to the benefit of, the parties hereto and their
respective successors and assigns permitted hereby, except that neither the Borrower nor any other Loan Party may assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of the Administrative Agent
and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of Section 11.8.2 [Assignments by

  
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Lenders], (ii) by way of participation in accordance with the provisions of Section 11.8.4 [Participations], or (iii) by way of pledge or assignment of a security interest subject
to the restrictions of Section 11.8.6 [Certain Pledges; Successors and Assigns Generally] (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be
construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in Section 11.8.4 [Participations] and, to the extent expressly contemplated
hereby, the Related Parties of each of the Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

11.8.2 Assignments by Lenders. 

Any Lender may at any time assign to one or more assignees all or a portion of its rights and obligations under this
Agreement (including all or a portion of its Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions: 

(i) Minimum Amounts. 
 (A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment and the Loans at the time owing to it or in the case of an assignment to a Lender, an Affiliate of
a Lender or an Approved Fund, no minimum amount need be assigned; and 
 (B) in any case not described in clause
(i)(A) of this Section 11.8.2, the aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Loans of the
assigning Lender subject to each such assignment (determined as of the date the Assignment and Assumption Agreement with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment
and Assumption Agreement, as of the Trade Date) shall not be less than $5,000,000, in the case of any assignment in respect of the Revolving Credit Commitment of the assigning Lender, unless each of the Administrative Agent and, so long as no Event
of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed). 
 (ii) Proportionate Amounts. Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with
respect to the Loan or the Commitment assigned. 
 (iii) Required Consents. No consent shall be required
for any assignment except for the consent of the Administrative Agent (which shall not be unreasonably withheld or delayed and shall not be required in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund) and:

 (A) the consent of the Borrower (such consent not to be unreasonably withheld or delayed) shall be required
unless (x) an Event of Default has occurred 

  
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and is continuing at the time of such assignment or (y) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund; provided that the Borrower shall be deemed to
have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received notice thereof; and 

(B) the consent of the Issuing Lender (such consent not to be unreasonably withheld or delayed) shall be required for any
assignment that increases the obligation of the assignee to participate in exposure under one or more Letters of Credit (whether or not then outstanding). 
 (iv) Assignment and Assumption Agreement. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption Agreement, together with a processing and
recordation fee of $3,500, and the assignee, if it is not a Lender, shall deliver to the Administrative Agent an administrative questionnaire provided by the Administrative Agent. 

(v) No Assignment to Borrower. No such assignment shall be made to the Borrower or any of the Borrower’s
Affiliates or Subsidiaries. 
 (vi) No Assignment to Natural Persons. No such assignment shall be made to
a natural person. 
 (vii) No Assignment to Defaulting Lender. No such assignment shall be made to a
Defaulting Lender. 
 Subject to acceptance and recording thereof by the Administrative Agent pursuant to
Section 11.8.3 [Register], from and after the effective date specified in each Assignment and Assumption Agreement, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and
Assumption Agreement, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption Agreement, be released from its obligations
under this Agreement (and, in the case of an Assignment and Assumption Agreement covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled
to the benefits of Sections 4.4 [LIBOR Rate Unascertainable; Illegality; Increased Costs; Deposits Not Available], 5.8 [Increased Costs], and 11.3 [Expenses, Indemnity; Damage Waiver] with respect to facts and circumstances occurring prior to
the effective date of such assignment. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 11.8.2 shall be treated for purposes of this Agreement as a sale by such Lender
of a participation in such rights and obligations in accordance with Section 11.8.4 [Participations]. 

11.8.3 Register. 
 The Administrative Agent, acting solely for this purpose as an agent of the Borrower, shall maintain a record of the names and addresses of the Lenders, and the Commitments of, and principal amounts of
the Loans owing to, each Lender pursuant to the terms hereof from 

  
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time to time. Such register shall be conclusive, and the Borrower, the Administrative Agent, the Syndication Agent and the Lenders may treat each Person whose name is in such register pursuant to
the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. Such register shall be available for inspection by the Borrower and any Lender, at any reasonable time and from time to time upon
reasonable prior notice. 
 11.8.4 Participations. 

Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent, sell
participations to any Person (other than a natural person or the Borrower or any of the Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under
this Agreement (including all or a portion of its Commitment and/or the Loans owing to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to
the other parties hereto for the performance of such obligations and (iii) the Borrower, the Administrative Agent and the Lenders, Issuing Lender shall continue to deal solely and directly with such Lender in connection with such Lender’s
rights and obligations under this Agreement. 
 Any agreement or instrument pursuant to which a Lender sells such
a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may
provide that such Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver with respect to Sections 11.1.1 [Increase of Commitment, Etc.], 11.1.2 [Extension of Payment, Etc.], 11.1.3 [Release of
Guarantors] or 11.1.4 [Release of Collateral] (to the extent such release is of all or substantially all of the Collateral). Subject to Section 11.8.5 [Limitations upon Participant Rights Successors and Assigns Generally], the Borrower agrees
that each Participant shall be entitled to the benefits of Sections 4.4 [LIBOR Rate Unascertainable; Illegality; Increased Costs; Deposits Not Available] and 5.8 [Increased Costs] to the same extent as if it were a Lender and had acquired its
interest by assignment pursuant to Section 11.8.2 [Assignments by Lenders]. To the extent permitted by Law, each Participant also shall be entitled to the benefits of Section 9.2.3 [Setoff] as though it were a Lender; provided such
Participant agrees to be subject to Section 5.3 [Sharing of Payments by Lenders] as though it were a Lender. 
 11.8.5 Limitations upon Participant Rights. 
 A Participant
shall not be entitled to receive any greater payment under Sections 5.8 [Increased Costs], 5.9 [Taxes] or 11.3 [Expenses; Indemnity; Damage Waiver] than the applicable Lender would have been entitled to receive with respect to the participation sold
to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of
Section 5.9 [Taxes] unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrower, to comply with Section 5.9.5 [Status of Lenders; Refunds] as though it were a
Lender. 

  
 -120-

 11.8.6 Certain Pledges; Successors and Assigns Generally. 

Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement
to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank or any central bank having jurisdiction; provided that no such pledge or assignment shall release such Lender from any of
its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 
 11.9
Confidentiality. 
 11.9.1 General. 

Each of the Administrative Agent, the Syndication Agent, the Lenders and the Issuing Lender agrees to maintain the
confidentiality of the Information, except that Information may be disclosed (i) to its Affiliates and to its and its Affiliates’ respective partners, directors, officers, employees, agents, advisors and other representatives (it being
understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (ii) to the extent requested by any regulatory authority
purporting to have jurisdiction over it (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (iii) to the extent required by applicable Laws or regulations or by any subpoena or similar legal
process, (iv) to any other party hereto, (v) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of
rights hereunder or thereunder, (vi) subject to an agreement containing provisions substantially the same as those of this Section, to (A) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its
rights or obligations under this Agreement or (B) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its obligations, (vii) with the consent of the Borrower or
(viii) to the extent such Information (Y) becomes publicly available other than as a result of a breach of this Section or (Z) becomes available to the Administrative Agent, the Syndication Agent, any Lender, the Issuing Lender or any
of their respective Affiliates on a nonconfidential basis from a source other than the Borrower, the other Loan Parties or any other Person that has obtained such confidential information pursuant to this Section. Any Person required to maintain the
confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person
would accord to its own confidential information. 
 11.9.2 Sharing Information With Affiliates of the
Lenders. 
 Each Loan Party acknowledges that from time to time financial advisory, investment banking and
other services may be offered or provided to the Borrower or one or more of its Affiliates (in connection with this Agreement or otherwise) by any Lender or by one or more Subsidiaries or Affiliates of such Lender and each of the Loan Parties hereby
authorizes each Lender to share any information delivered to such Lender by such Loan Party and its Subsidiaries pursuant to this Agreement to any such Subsidiary or Affiliate subject to the provisions of Section 11.9.1 [General]. 

11.10 Counterparts; Integration; Effectiveness. 

  
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 This Agreement may be executed in counterparts (and by different parties
hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and the other Loan Documents, and any separate letter agreements with respect to
fees payable to the Administrative Agent, constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof
including any prior confidentiality agreements and commitments. Except as provided in Section 7 [Conditions To Amendment and Restatement; Conditions Of Lending And Issuance Of Letters Of Credit], this Agreement shall become effective when it
shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of
a signature page of this Agreement by telecopy or e-mail shall be effective as delivery of a manually executed counterpart of this Agreement. 
 11.11 Governing Law, Etc. 
 11.11.1 Governing Law.

 This Agreement shall be deemed to be a contract under the Laws of the State of New York without regard to its
conflict of laws principles. Each standby Letter of Credit issued under this Agreement shall be subject either to the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of
Commerce (the “ICC”) at the time of issuance (“UCP”) or the rules of the International Standby Practices (ICC Publication Number 590) (“ISP98”), as determined by the Issuing Lender, and each trade
Letter of Credit shall be subject to UCP, and in each case to the extent not inconsistent therewith, the Laws of the State of New York without regard to its conflict of laws principles. 

11.11.2 SUBMISSION TO JURISDICTION. 

THE BORROWER AND EACH OTHER LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE
NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING
OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY
BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY
BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER OR THE ISSUING LENDER MAY
OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE 

  
 -122-

 
BORROWER OR ANY OTHER LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 
 11.11.3 WAIVER OF VENUE. 
 THE BORROWER AND EACH OTHER LOAN
PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY
OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN THIS SECTION 11.11. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR
PROCEEDING IN ANY SUCH COURT AND AGREES NOT ASSERT ANY SUCH DEFENSE. 
 11.11.4 SERVICE OF PROCESS.

 EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION
11.5 [NOTICES; EFFECTIVENESS; ELECTRONIC COMMUNICATION]. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

11.11.5 WAIVER OF JURY TRIAL. 

EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A
TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY
HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, ADMINISTRATIVE AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
(B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

11.12 Certain Other Collateral Matters. 
 The benefit of the Loan Documents and of the provisions of this Agreement relating to any Collateral securing the Obligations shall also extend to and be available to those Lenders or their Affiliates
which are counterparties or parties to any Specified Swap Agreement or any Other Lender Provided Financial Service Product with any Loan Party on a pro rata basis in respect 

  
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of any obligations of any Loan Party which arise under any such Specified Swap Agreement (after giving effect to all netting arrangements relating to such Specified Swap Agreements) or any Other
Lender Provided Financial Service Product, including any Specified Swap Agreement or any Other Lender Provided Financial Service Product between such Persons in existence prior to the date hereof. No Lender or any Affiliate of a Lender shall have
any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Specified Swap Agreement or any Other Lender Provided Financial Service Product. 

11.13 USA Patriot Act Notice. 
 Each Lender that is subject to the USA Patriot Act and the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies Loan Parties that pursuant to the requirements of the USA
Patriot Act, it is required to obtain, verify and record information that identifies the Loan Parties, which information includes the name and address of Loan Parties and other information that will allow such Lender or Administrative Agent, as
applicable, to identify the Loan Parties in accordance with the USA Patriot Act. 
 11.14 Amendment and Restatement.

 (i) On the Closing Date, the 2010 Credit Agreement shall be amended and restated in its entirety by this
Agreement and the 2010 Credit Agreement shall thereafter be of no further force and effect except to evidence (i) the incurrence by the Borrower of the “Obligations” under and as defined in the 2010 Credit Agreement (whether or not
such “Obligations” are contingent as of the Closing Date), (ii) the representations and warranties made by the Loan Parties prior to the Closing Date and (iii) any action or omission performed or required to be performed pursuant
to the 2010 Credit Agreement prior to the Closing Date (including any failure, prior to the Closing Date, to comply with the covenants contained in such 2010 Credit Agreement). 

(ii) The terms and conditions of this Agreement and the rights and remedies of the Administrative Agent and the Lenders
under this Agreement and the other Loan Documents shall apply to all of the Obligations incurred under the 2010 Credit Agreement. 
 (iii) The Loan Parties hereby reaffirm the Liens granted pursuant to the Loan Documents and existing immediately prior to the Closing Date to the Administrative Agent for the benefit of the Secured
Parties, which Liens shall continue in full force and effect during the term of this Agreement and any renewals thereof and shall continue to secure the Obligations. The Guarantors hereby reaffirm their obligations under the Guaranty Agreement,
which shall remain in full force and effect. 
 (iv) On and after the Closing Date, (i) all references to
the Credit Agreement in the Loan Documents (other than this Agreement) shall be deemed to refer to this Agreement and (ii) all references to any section (or subsection) of the 2010 Credit Agreement in any Loan Document (but not herein) shall be
amended to become, mutatis mutandis, references to the corresponding provisions of this Agreement. 

  
 -124-

 (v) This amendment and restatement is limited as written and is not a
consent to any other amendment, restatement or waiver or other modification, whether or not similar and, except as expressly provided herein or in any other Loan Document, all terms and conditions of the Loan Documents remain in full force and
effect unless otherwise specifically amended hereby or by any other Loan Document. 
 (vi) For the avoidance of
doubt, unless otherwise specified in this Agreement, all “baskets” set forth in this Agreement shall be calculated from the Closing Date. 
 11.15 No Fiduciary Duty. 
 Each Loan Party agrees and
acknowledges that: (i) each Lender is acting solely as a principal and is not a financial advisor, agent or fiduciary, for the Loan Parties or any of their respective Affiliates, stockholders, creditors or employees or any other party;
(ii) no Lender has assumed or will assume an advisory, agency or fiduciary responsibility in any Loan Party’s or their respective Affiliates’ favor with respect to any of the transactions contemplated hereby (irrespective of whether
any Lender has advised or is currently advising any Loan Party or its Affiliates on other matters) and no Lender has any obligation to the Loan Parties or their respective Affiliates with respect to the transactions contemplated hereby except those
obligations expressly set forth herein; (iii) the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from the Loan Parties or their respective Affiliates and the Lenders
have no obligation to disclose any of such interests by virtue of any advisory, agency or fiduciary relationship; and (iv) the Lenders have not provided any legal, accounting, regulatory or tax advice in any jurisdiction with respect to any of
the transactions contemplated hereby and the Loan Parties have consulted their own legal, accounting, regulatory and tax advisors to the extent they have deemed appropriate. Each Loan Party acknowledges and agrees that it will consult with its own
advisors concerning such matters and shall be responsible for making its own independent investigation and appraisal of the transactions contemplated hereby, and neither any Lender or its Affiliates shall have any responsibility or liability to any
Loan Party with respect thereto. Each Loan Party hereby waives and releases, to the fullest extent permitted by law, any claims that such Loan Party may have against the Lenders or their respective Affiliates with respect to any breach or alleged
breach of agency or fiduciary duty. 
 [SIGNATURE PAGES FOLLOW] 

  
 -125-

 IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have
executed this Agreement as of the day and year first above written. 
  

					
	BORROWER:
	
	CONSOL ENERGY INC.
		
	By:	 	/s/ John M. Reilly
		 	Name:	 	John M. Reilly
		 	Title:	 	Vice President and Treasurer

  

					
	GUARANTORS:
	
	CONSOL ENERGY HOLDINGS LLC VI
		
	By:	 	/s/ John M. Reilly
		 	Name:	 	John M. Reilly
		 	Title:	 	Vice President and Treasurer

  

					
	TERRY EAGLE LIMITED PARTNERSHIP
	
	By: TECPART Corporation, a general partner
		
	By:	 	/s/ John M. Reilly
		 	Name:	 	John M. Reilly
		 	Title:	 	Treasurer

  

									
	By:	 	TEAGLE Company, L.L.C., a general partner
			
		 	By:	 	/s/ John M. Reilly
		 		 	Name:	 	John M. Reilly
		 		 	Title:	 	Treasurer

 [SIGNATURE PAGE TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	GUARANTORS:
	
	 AMVEST COAL & RAIL, L.L.C.
 AMVEST COAL SALES, INC.
 AMVEST CORPORATION

AMVEST GAS RESOURCES, INC.
 AMVEST
MINERAL SERVICES, INC.
 AMVEST MINERALS COMPANY, L.L.C.
 AMVEST OIL & GAS, INC.
 AMVEST WEST VIRGINIA COAL, L.L.C.

BRAXTON-CLAY LAND & MINERAL, INC.

CNX LAND RESOURCES INC.
 CNX MARINE
TERMINALS INC.
 CONSOL ENERGY SALES COMPANY
 CONSOL OF CANADA INC.
 CONSOL OF CENTRAL PENNSYLVANIA LLC

CONSOL OF KENTUCKY INC.
 CONSOL OF OHIO
LLC
 CONSOL OF WV LLC

CONSOL OF WYOMING LLC

CONSOL PENNSYLVANIA COAL COMPANY LLC
 FOLA COAL COMPANY, L.L.C.
 GLAMORGAN COAL COMPANY, L.L.C.

LEATHERWOOD, INC.
 LITTLE EAGLE COAL
COMPANY, L.L.C.
 MON RIVER TOWING, INC.
 MTB INC.
 NICHOLAS-CLAY LAND & MINERAL, INC.

PETERS CREEK MINERAL SERVICES, INC.

RESERVE COAL PROPERTIES COMPANY

ROCHESTER & PITTSBURGH COAL COMPANY
 TEAGLE COMPANY, L.L.C.
 TECPART CORPORATION

TERRA FIRMA COMPANY
 TERRY EAGLE COAL
COMPANY, L.L.C.
 VAUGHAN RAILROAD COMPANY
 WOLFPEN KNOB DEVELOPMENT COMPANY

		
	By:	 	/s/ John M. Reilly
		 	John M. Reilly, Treasurer of each Guarantor listed above on behalf of each such Guarantor

 [SIGNATURE PAGE TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	GUARANTORS:
	
	 CENTRAL OHIO COAL COMPANY
 CONSOLIDATION COAL COMPANY
 EIGHTY-FOUR MINING COMPANY

HELVETIA COAL COMPANY
 ISLAND CREEK
COAL COMPANY
 KEYSTONE COAL MINING CORPORATION
 LAUREL RUN MINING COMPANY
 McELROY COAL COMPANY

SOUTHERN OHIO COAL COMPANY
 TWIN RIVERS
TOWING COMPANY
 WINDSOR COAL COMPANY

		
	By:	 	/s/ Daniel S. Cangilla
		 	Daniel S. Cangilla, Treasurer of each Guarantor listed above on behalf of each such Guarantor

 

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

				
		 		 	By:	 	/s/ Daniel S. Cangilla
		 		 		 	Name:	 	Daniel S. Cangilla
		 		 		 	Title:	 	Treasurer

 [SIGNATURE PAGE TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

							
	GUARANTOR:
	
	CONSOL FINANCIAL INC.
		
	By:	 	/s/ Christopher C. Jones
		 	Name:	 	Christopher C. Jones
		 	Title:	 	Vice President and Secretary

 [SIGNATURE PAGE TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	LENDER:
	
	PNC BANK, NATIONAL ASSOCIATION, individually and as Administrative Agent
		
	By:	 	/s/ Richard C. Munsick
		 	Name:	 	Richard C. Munsick
		 	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	LENDER:
	
	BANK OF AMERICA, N.A. individually and as Syndication Agent
		
	By:	 	/s/ Sandra M. Serie
		 	Name:	 	Sandra M. Serie
		 	Title:	 	Vice President

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	BANK LEUMI USA, as a Lender
		
	By:	 	/s/ Joung Hee Hong
		 	Name:	 	Joung Hee Hong
		 	Title:	 	First Vice President
	
	If a second signature is necessary:
		
	By:	 	N.A.
		 	Name:	 	
		 	Title:	 	

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	BANK OF MONTREAL, CHICAGO BRANCH, as a Lender
		
	By:	 	/s/ Joseph W. Linder
		 	Name:	 	Joseph W. Linder
		 	Title:	 	Vice President

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	BRANCH BANKING AND TRUST COMPANY, as a Lender
		
	By:	 	/s/ Troy R. Weaver
		 	Name:	 	Troy R. Weaver
		 	Title:	 	Senior Vice President
	
	If a second signature is necessary:
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	CIBC INC., as a Lender
		
	By:	 	/s/ Eoin Roche
		 	Name:	 	 Eoin Roche

		 	Title:	 	Executive Director
	
	If a second signature is necessary:
		
	By:	 	/s/ Michael Gewirtz
		 	Name:	 	 Michael Gewirtz

		 	Title:	 	Executive Director

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	COMMONWEALTH BANK OF AUSTRALIA, as a Lender
		
	By:	 	/s/ Gregory A. Caione
		 	Name:	 	Gregory A. Caione
		 	Title:	 	Head of Natural Resources, Americas

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as a Lender
		
	By:	 	/s/ Joe Philbin
		 	Name:	 	Joe Philbin
		 	Title:	 	Director
		
	By:	 	/s/ Matthias Guillet
		 	Name:	 	Matthias Guillet
		 	Title:	 	Director

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	CREDIT INDUSTRIEL ET COMMERCIAL,
as a Lender
		
	By:	 	/s/ Brian O’Leary
		 	Name:	 	Brian O’Leary
		 	Title:	 	Managing Director
		
	By:	 	/s/ Anthony Rock
		 	Name:	 	Anthony Rock
		 	Title:	 	Managing Director

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	FIRST COMMONWEALTH BANK,
as a Lender
		
	By:	 	/s/ Brian J. Sohocki
		 	Name:	 	Brian J. Sohocki
		 	Title:	 	Vice President
	
	If a second signature is necessary:
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	FIRST NATIONAL BANK OF PENNSYLVANIA, as a Lender
		
	By:	 	/s/ John L. Hayes
		 	Name:	 	John L. Hayes
		 	Title:	 	Senior Vice President
	
	If a second signature is necessary:
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	GOLDMAN SACHS BANK USA,
as a Lender
		
	By:	 	/s/ Mark Walton
		 	Name:	 	Mark Walton
		 	Title:	 	Authorized Signatory
	
	If a second signature is necessary:
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	ING CAPITAL LLC,
as a Lender
		
	By:	 	/s/ Remko van de Water
		 	Name:	 	Remko van de Water
		 	Title:	 	Director

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	NATIXIS,
as a Lender
		
	By:	 	/s/ Carlos L. Quinteros
		 	Name:	 	Carlos L. Quinteros
		 	Title:	 	Managing Director
	
	If a second signature is necessary:
		
	By:	 	/s/ Donovan Broussard
		 	Name:	 	Donovan Broussard
		 	Title:	 	Managing Director

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	RAYMOND JAMES BANK, FSB,
as a Lender
		
	By:	 	/s/ Garrett McKinnon
		 	Name:	 	Garrett McKinnon
		 	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	SOVEREIGN BANK,
as a Lender
		
	By:	 	/s/ Carlos A. Calixto
		 	Name:	 	Carlos A. Calixto
		 	Title:	 	Vice President
	
	If a second signature is necessary:
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	STANDARD CHARTERED BANK,
as a Lender
		
	By:	 	/s/ James P. Hughes
		 	Name:	 	James P. Hughes A2386
		 	Title:	 	Director
	
	If a second signature is necessary:
		
	By:	 	/s/ Robert K. Reddington
		 	Name:	 	Robert K. Reddington
		 	 Title:   Credit Documentation Manager
 Credit Documentation Unit, WB Legal-Americas

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	SUMITOMO MITSUI BANKING COPRORATION, as a Lender
		
	By:	 	/s/ Masakazu Hasegawa
		 	Name:	 	Masakazu Hasegawa
		 	Title:	 	General Manager
	
	If a second signature is necessary:
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	LENDER
	
	 THE BANK OF EAST ASIA, LTD.
 LOS ANGELES BRANCH

		
	By:	 	/s/ Chong Tan
		 	Name:	 	Chong Tan
		 	Title:	 	Credit Manager
	
	If a second signature is necessary:
		
	By:	 	/s/ Victor Li
		 	Name:	 	Victor Li
		 	Title:	 	General Manager

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	THE BANK OF NOVA SCOTIA,
as a Lender
		
	By:	 	/s/ Thane Rattew
		 	Name:	 	Thane Rattew
		 	Title:	 	Managing Director
	
	If a second signature is necessary:
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	THE HUNTINGTON NATIONAL BANK,
as a Lender
		
	By:	 	/s/ Chad A. Lowe
		 	Name:	 	Chad A. Lowe
		 	Title:	 	Vice President

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	THE ROYAL BANK FO SCOTLAND PLC,
as a Lender
		
	By:	 	/s/ Steve Ray
		 	Name:	 	Steve Ray
		 	Title:	 	Director

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	U.S. BANK NATIONAL ASSOCIATION,
as a Lender
		
	By:	 	/s/ John M. Eyerman
		 	Name:	 	John M. Eyerman
		 	Title:	 	Asst. Vice President
	
	If a second signature is necessary:
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	UNION BANK, N.A.,
as a Lender
		
	By:	 	/s/ Richard Reeves
		 	Name:	 	Richard Reeves
		 	Title:	 	Vice President

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	UNITED BANK, INC.,
as a Lender
		
	By:	 	/s/ Timothy A. Paxton
		 	Name:	 	Timothy A. Paxton
		 	Title:	 	SVP

 [SIGNATURE PAGE TO CONSOL AMENDED AND RESTATED CREDIT AGREEMENT] 

 

					
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	/s/ Jonathan R. Richardson
		 	Name:	 	Jonathan R. Richardson
		 	Title:	 	Senior Vice President

 SCHEDULE 1.1(A) 

PRICING GRID 
  

																			
	 Level
	 	 Applicable Leverage Ratio
	  	Revolving Credit
LIBOR Rate Spread	 	 	Revolving Credit
Base Rate Spread	 	 	Letter of Credit
Fee	 	 	Commitment Fee	 
	 I
	 	less than 2.0 to 1.0	  	 	1.75	% 	 	 	0.75	% 	 	 	1.75	% 	 	 	0.375	% 
	 II
	 	greater than or equal to 2.0 to 1.0, but less than 2.5 to 1.0	  	 	2.00	% 	 	 	1.00	% 	 	 	2.00	% 	 	 	0.375	% 
	 III
	 	greater than or equal to 2.5 to 1.0, but less than 3.0 to 1.0	  	 	2.25	% 	 	 	1.25	% 	 	 	2.25	% 	 	 	0.50	% 
	 IV
	 	greater than or equal to 3.0 to 1.0, but less than 3.5 to 1.0	  	 	2.50	% 	 	 	1.50	% 	 	 	2.50	% 	 	 	0.50	% 
	 V
	 	greater than or equal to 3.5 to 1.0	  	 	2.75	% 	 	 	1.75	% 	 	 	2.75	% 	 	 	0.50	% 

 For purposes of determining the Applicable
Margin, the Applicable Letter of Credit Fee Rate, and the Applicable Commitment Fee Rate: 
 (a) From the Closing
Date through the Financials Delivery Date first occurring after the Closing Date (the “Initial Period”), the Applicable Margin, Applicable Letter of Credit Fee Rate, and the Applicable Commitment Fee Rate shall be the respective
amounts set forth under Level IV of this Schedule 1.1(A) set forth above. 
 (b) It is expressly
agreed that after the Initial Period, the Applicable Margin, the Applicable Letter of Credit Fee Rate, and the Applicable Commitment Fee Rate shall be determined based upon Schedule 1.1(A) above; provided, however, that the
Applicable Margin and the Applicable Letter of Credit Fee Rate shall be set as of the Financials Delivery Date regardless of the actual date that a Compliance Certificate is provided to the Lenders. 

 SCHEDULE 1.1(B) 

COMMITMENTS OF LENDERS AND ADDRESSES FOR NOTICES 
 Part 1 - Commitments of Lenders and Addresses for Notices to Lenders 
  

											
	 Lender
	  	Amount of Commitment
for Revolving Credit
Loans	 	  	Revolving Credit
Ratable Share	 
	 Name:
	  	PNC Bank, National Association	  	$	100,000,000	  	  	 	6.666666667	% 
	 Address:
	  	One PNC Plaza	  				  			
		  	249 Fifth Avenue	  				  			
		  	Pittsburgh, Pennsylvania 15222	  				  			
	  
 Attention:
	  	Richard C. Munsick, Senior Vice President	  				  			
	 Telephone:
	  	(412) 762-4299	  				  			
	 Telecopy:
	  	(412) 762-6484	  				  			
	 Email:
	  	richard.munsick@pncbank.com	  				  			
	 Name:
	  	Bank of America, N.A.	  	$	100,000,000	  	  	 	6.666666667	% 
	 Address:
	  	100 Federal Street, MA5-100-09-01	  				  			
		  	Boston, Massachusetts 02110	  				  			
	  
 Attention:
	  	Sandra Serie, Vice President	  				  			
	 Telephone:
	  	(617) 434-3462	  				  			
	 Telecopy:
	  	(617) 434-3652	  				  			
	 Email:
	  	sandra.m.serie@baml.com	  				  			
	 Name:
	  	Sovereign Bank	  	$	95,000,000	  	  	 	6.333333333	% 
	 Address:
	  	75 State Street	  				  			
		  	Boston, Massachusetts 02109	  				  			
	  
 Attention:
	  	Robert Lanigan, Senior Global Banker	  				  			
	 Telephone:
	  	(617) 346-7384	  				  			
	 Telecopy:
	  	(617) 757-3567	  				  			
	 Email:
	  	rlanigan@sovereignbank.com	  				  			
	 Name:
	  	The Bank of Nova Scotia	  	$	87,500,000	  	  	 	5.833333333	% 
	 Address:
	  	1 Liberty Plaza, 26th Floor	  				  			
		  	165 Broadway	  				  			
		  	New York, New York 10006	  				  			
	  
 Attention:
	  	Chief Marbumrung	  				  			
	 Telephone:
	  	(212) 225-5384	  				  			
	 Telecopy:
	  	(212) 225-5480	  				  			
	 Email:
	  	chief_marbumrung@scotiacapital.com	  				  			
	 Name:
	  	The Royal Bank of Scotland plc	  	$	87,500,000	  	  	 	5.833333333	% 
	 Address:
	  	600 Travis Street, Suite 6500	  				  			
		  	Houston, Texas 77002	  				  			
	  
 Attention:
	  	Patricia Dundee	  				  			
	 Telephone:
	  	(713) 221-2423	  				  			
	 Telecopy:
	  	________________________	  				  			
	 Email:
	  	patricia.dundee@rbs.com	  				  			

											
	 Lender
	  	Amount of Commitment
for Revolving Credit
Loans	 	  	Revolving Credit
Ratable Share	 
	 Name:

Bank
	  	Credit Agricole Corporate and Investment Bank	  	$	82,500,000	  	  	 	5.500000000	% 
	 Address:
	  	227 West Monroe Street, #3800	  				  			
		  	Chicago, Illinois 60606	  				  			
	  
 Attention:
	  	Joseph Philbin, Director	  				  			
	 Telephone:
	  	(312) 220-7314	  				  			
	 Telecopy:
	  	(312) 641-0527	  				  			
	 Email:
	  	philbin@ca-cib.com	  				  			
	 Name:
	  	Union Bank, N.A.	  	$	82,500,000	  	  	 	5.500000000	% 
	 Address:
	  	445 S. Figueroa Street, 15th Floor	  				  			
		  	Los Angeles, California 90071	  				  			
	  
 Attention:
	  	Bryan Read, Vice President	  				  			
	 Telephone:
	  	(213) 236-4128	  				  			
	 Telecopy:
	  	(213) 236-4096	  				  			
	 Email:
	  	bryan.read@unionbank.com	  				  			
	 Name:
	  	Wells Fargo Bank, National Association	  	$	80,000,000	  	  	 	5.333333333	% 
	 Address:
	  	201 South Jefferson Street, 2nd Floor	  				  			
		  	Roanoke, Virginia 24011	  				  			
	  
 Attention:
	  	Brenda Vaughan, Senior Vice President	  				  			
	 Telephone:
	  	(540) 563-7803	  				  			
	 Telecopy:
	  	(540) 563-6320	  				  			
	 Email:
	  	brenda.vaughan@wachovia.com	  				  			
	 Name:
	  	Bank of Montreal	  	$	75,000,000	  	  	 	5.000000000	% 
	 Address:
	  	100 King Street West	  				  			
		  	Toronto, Ontario Canada	  				  			
	  
 Attention:
	  	Robert Wright, Vice President	  				  			
	 Telephone:
	  	(416) 359-6890	  				  			
	 Telecopy:
	  	(416) 359-7796	  				  			
	 Email:
	  	robert.wright@bmo.com	  				  			
	 Name:
	  	CIBC INC.	  	$	75,000,000	  	  	 	5.000000000	% 
	 Address:
	  	595 Bay Street, 5th Floor	  				  			
		  	Toronto, Ontario Canada	  				  			
	  
 Attention:
	  	Sue Zhang, Corporate Credit Analyst	  				  			
	 Telephone:
	  	(416) 542-4357	  				  			
	 Telecopy:
	  	(905) 948-1934	  				  			
	 Email:
	  	sue.zhang@cibc.ca	  				  			
	 Name:
	  	Commonwealth Bank of Australia	  	$	75,000,000	  	  	 	5.000000000	% 
	 Address:
	  	599 Lexington Avenue, Level 17	  				  			
		  	New York, New York 10022-6072	  				  			
	  
 Attention:
	  	Evan Williams, Executive Manager	  				  			
	 Telephone:
	  	(212) 848-9302	  				  			
	 Telecopy:
	  	(212) 336-7722	  				  			
	 Email:
	  	williae@cba.com.au	  				  			

											
	 Lender
	  	Amount of Commitment
for Revolving Credit
Loans	 	  	Revolving Credit
Ratable Share	 
	 Name:
	  	The Huntington National Bank	  	$	75,000,000	  	  	 	5.000000000	% 
	 Address:
	  	336 Fourth Avenue	  				  			
		  	Pittsburgh, Pennsylvania 15222	  				  			
	  
 Attention:
	  	Chris Kohler	  				  			
	 Telephone:
	  	(412-227-6496)	  				  			
	 Telecopy:
	  	__________________________	  				  			
	 Email:
	  	chris.kohler@huntington.com	  				  			
	 Name:
	  	U.S. Bank National Association	  	$	75,000,000	  	  	 	5.000000000	% 
	 Address:
	  	209 South LaSalle Street, MK-IL-RY4D	  				  			
		  	Chicago, Illinois 60604	  				  			
	  
 Attention:
	  	John Eyerman, Assistant Vice President	  				  			
	 Telephone:
	  	(312) 325-2032	  				  			
	 Telecopy:
	  	(312) 325-2001	  				  			
	 Email:
	  	john.eyerman@usbank.com	  				  			
	 Name:
	  	First Commonwealth Bank	  	$	50,000,000	  	  	 	3.333333333	% 
	 Address:
	  	437 Grant Street, Suite 1600	  				  			
		  	Pittsburgh, Pennsylvania 15219	  				  			
	  
 Attention:
	  	Brian J. Sohocki, Vice President	  				  			
	 Telephone:
	  	(412) 690-2205	  				  			
	 Telecopy:
	  	(412) 690-2206	  				  			
	 Email:
	  	bsohocki@fcbanking.com	  				  			
	 Name:
	  	ING Capital LLC	  	$	50,000,000	  	  	 	3.333333333	% 
	 Address:
	  	1325 Avenue of the Americas, 11th Floor	  				  			
		  	New York, New York 10019	  				  			
	  
 Attention:
	  	Remko Van de Water, Director	  				  			
	 Telephone:
	  	(646) 424-6084	  				  			
	 Telecopy:
	  	(646) 424-7484	  				  			
	 Email:
	  	remko.van.de.water@americas.ing.com	  				  			
	 Name:
	  	Sumitomo Mitsui Banking Corporation, New York	  	$	50,000,000	  	  	 	3.333333333	% 
	 Address:
	  	277 Park Avenue	  				  			
		  	New York, New York 10172	  				  			
	  
 Attention:
	  	Bob Gruss/CBDADII Loan Services	  				  			
	 Telephone:
	  	(212) 224-4390	  				  			
	 Telecopy:
	  	(212) 224-5197	  				  			
	 Email:
	  	Robert_C_Gruss_Jr@SMBCGroup.com	  				  			
	 Name:
	  	Standard Chartered Bank	  	$	45,000,000	  	  	 	3.000000000	% 
	 Address:
	  	1095 Avenue of the Americas	  				  			
		  	New York, New York 10036	  				  			
	  
 Attention:
	  	Lynn Zennario, Director	  				  			
	 Telephone:
	  	(212) 667-0509	  				  			
	 Telecopy:
	  	(212) 667-0780	  				  			
	 Email:
	  	lynn.zennario@sc.com	  				  			

											
	 Lender
	  	Amount of Commitment
for Revolving Credit
Loans	 	  	Revolving Credit
Ratable Share	 
	 Name:
	  	Natixis	  	$	42,500,000	  	  	 	2.833333333	% 
	 Address:
	  	Global Energy & Commodities	  	  
		  	333 Clay Street, Suite 4340	  	  
		  	Houston, Texas 77002	  	  
	  
 Attention:
	  	Carlos Quinteros, Managing Director	  	  
	 Telephone:
	  	(713) 759- 9495	  	  
	 Telecopy:
	  	(713) 571-6167	  	  
	 Email:
	  	carlos.quinteros@us.natixis.com	  	  
	 Name:
	  	Crédit Industriel et Commercial	  	$	40,000,000	  	  	 	2.666666667	% 
	 Address:
	  	520 Madison Avenue, Floor 37	  	  
		  	New York, New York 10022	  	  
	  
 Attention:
	  	Brian O’Leary	  	  
	 Telephone:
	  	(212) 715-4422	  	  
	 Telecopy:
	  	(212) 715-4535	  	  
	 Email:
	  	boleary@cicnv.com	  	  
	 Name:
	  	Branch Banking and Trust Company	  	$	25,000,000	  	  	 	1.666666667	% 
	 Address:
	  	200 West 2nd Street, 16th Floor	  	  
		  	Winston-Salem, North Carolina 27104	  	  
	  
 Attention:
	  	Troy Weaver, Senior Vice President	  	  
	 Telephone:
	  	(336) 733-2735	  	  
	 Telecopy:
	  	(336) 733-2740	  	  
	 Email:
	  	trweaver@bbandt.com	  	  
	 Name:
	  	First National Bank of Pennsylvania	  	$	25,000,000	  	  	 	1.666666667	% 
	 Address:
	  	100 Federal Street, Third Floor	  	  
		  	Pittsburgh, Pennsylvania 15212	  	  
	  
 Attention:
	  	John L. Hayes, Senior Vice President	  	  
	 Telephone:
	  	(412) 359-2617	  	  
	 Telecopy:
	  	(412) 231-3584	  	  
	 Email:
	  	hayes@fnb-corp.com	  	  
	 Name:
	  	Raymond James Bank, FSB	  	$	25,000,000	  	  	 	1.666666667	% 
	 Address:
	  	710 Carillon Parkway	  	  
		  	St. Petersburg, Florida 33716	  	  
	  
 Attention:
	  	Garrett M. McKinnon, Senior Vice President	  	  
	 Telephone:
	  	(727) 567-4324	  	  
	 Telecopy:
	  	(866) 205-1396	  	  
	 Email:
	  	garrett.mckinnon@raymondjames.com	  	  
	 Name:
	  	United Bank, Inc.	  	$	22,500,000	  	  	 	1.500000000	% 
	 Address:
	  	500 Virginia Street East	  	  
		  	Charleston, WV 25322-0393	  	  
	  
 Attention:
	  	Tim Paxton	  	  
	 Telephone:
	  	(304) 348-8316	  	  
	 Telecopy:
	  	(304) 348-8353	  	  
	 Email:
	  	tim.paxton@bankwithunited.com	  	  

											
	 Lender
	  	Amount of Commitment
for Revolving Credit
Loans	 	  	Revolving Credit
Ratable Share	 
	 Name:
	  	Bank Leumi USA	  	$	15,000,000	  	  	 	1.000000000	% 
	 Address:
	  	562 Fifth Avenue, 8th Floor	  	  
		  	New York, New York 10036	  	  
	  
 Attention:
	  	Joung Hee Hong	  	  
	 Telephone:
	  	(212) 407-4469	  	  
	 Telecopy:
	  	(212) 407-4317	  	  
	 Email:
	  	joung.hong@leumiusa.com	  	  
	 Name:
	  	Goldman Sachs Bank USA	  	$	10,000,000	  	  	 	0.666666667	% 
	 Address:
	  	200 West Street	  	  
		  	New York, New York 10282	  	  
	  
 Attention:
	  	Lauren Day	  	  
	 Telephone:
	  	(212) 934-3921	  	  
	 Telecopy:
	  	(917) 977-3966	  	  
	 Email:
	  	gsd.link@gs.com	  	  
	 Name:
	  	The Bank of East Asia, Limited,	  	$	10,000,000	  	  	 	0.666666667	% 
		  	Los Angeles Branch	  	  
	 Address:
	  	388 East Valley Boulevard., Suite 218	  	  
		  	Alhambra, California 91801	  	  
	  
 Attention:
	  	Jonathan Kuo, Vice President & Manager	  	  
	 Telephone:
	  	(626) 656-8838	  	  
	 Telecopy:
	  	(626) 656-8833	  	  
	 Email:
	  	kuoj@hkbea-us.com	  	  
		  		  	 	 	 	  	 	 	 
	 Total:
	  	$	1,500,000,000	  	  	 	100	% 
		  		  	 	 	 	  	 	 	 

 SCHEDULE 1.1(B) 

COMMITMENTS OF LENDERS AND ADDRESSES FOR NOTICES 
 Part 2 - Addresses for Notices to Loan Parties: 
 PAYING AGENT 

 

					
	 Name:
 Address:

 
  
  

Attention:
 Telephone:

Telecopy:
	  	 PNC Bank, National Association
 One PNC Plaza
 249 Fifth Avenue
 Pittsburgh, Pennsylvania 15222-2707
 Richard C. Munsick

(412) 762-4299
 (412) 762-2571
	  	
			
	 Name:
 Address:

 
  
  

Attention:
 Telephone:

Telecopy:
	  	 Agency Services
 PNC
Firstside Center, 4th Floor
 500 First Avenue
 Pittsburgh, Pennsylvania 15219
 Lisa Pierce
 (412) 762-6442
 (412) 762-8672
	  	

 LOAN PARTIES: 
  

					
	A. All Loan Parties other than those listed in B. below:	  	
			
	 Address:
  

Attention:
 Telephone:
 Telecopy:
	  	 1000 CONSOL Energy Drive

Canonsburg, PA 15317
 Treasury
Department
 (724) 485-4128
 (724)
485-6030
	  	
			
	 B.
	  		  	
			
	 Name:

Address:
  

Attention:
 Telephone:
 Telecopy:
	  	 AMVEST West Virginia Coal, L.L.C.
 PO Box 133
 Bickmore, WV 25019
 Treasury Department
 (304) 587-6300
 (304) 587-6352
	  	
			
	 Name:

Address:
  

Attention:
 Telephone:
 Telecopy:
	  	 CONSOL Financial Inc.

Little Falls Centre II
 2751 Centerville Rd.,
Suite 315
 Wilmington, DE 19808

Treasury Department
 (302) 225-5194

(302) 225-1594
	  	
			
	 Name:

Address:
  

Attention:
 Telephone:
 Telecopy:
	  	 Fola Coal Company, L.L.C.
 PO Box 180 Route 16 North
 Bickmore, WV 25019

Treasury Department
 (304) 587-6300

(304) 587-6352
	  	
			
	 Name:

Address:
  

Attention:
 Telephone:
 Telecopy:
	  	 Little Eagle Coal Company, L.L.C.
 PO Box 134
 Bickmore, WV 25019
 Treasury Department
 (304) 587-6300
 (304) 587-6352
	  	

					
	 Name:

Address:
  

Attention:
 Telephone:
 Telecopy:
	  	 Mon River Towing, Inc.

1200 Maronda Way, Suite 100
 Monessen, PA
15062
 Treasury Department
 (724)
684-2300
 (724) 684-2396
	  	
			
	 Name:

Address:
  

Attention:
 Telephone:
 Telecopy:
	  	 Terra Firma Company

1000 Hampton Center
 Morgantown, WV
26505
 James A. Russell
 (304)
598-8105
 (304) 598-8116
	  	
			
	 Name:

Address:
  

Attention:
 Telephone:
 Telecopy:
	  	 Terry Eagle Coal Company, L.L.C.
 PO Box 157
 Bickmore, WV 25019
 Treasury Department
 (304) 587-6300
 (304) 587-6352
	  	
			
	 Name:

Address:
  

Attention:
 Telephone:
 Telecopy:
	  	 Twin Rivers Towing Company
 1200 Maronda Way, Suite 100
 Monessen, PA 15062

Treasury Department
 (724) 684-2300

(724) 684-2396
	  	

 SCHEDULE 1.1(P) – PERMITTED LIENS 

 

	A.	CONSOL ENTITY LIENS 

 DEBTOR:
CONSOL Energy Inc. 
  

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	FORSYTHE/MCARTHUR ASSOCIATES, INC.	  	Delaware Department of State	  	5045520 5	  	2/9/05 (Amendment filed 4/20/06; Continuation filed 10/21/09)	  	Equipment leased pursuant to Master Equipment Agreement No. F65456 dated 1/29/04 
					
		  		  		  		  	 Amendment
 Nature of
amendment affecting Debtor is unclear since neither name nor address of Debtor were changed

					
	BANK OF AMERICA LEASING & CAPITAL, LLC (Assignee of FORSYTHE/MCARTHUR ASSOCIATES, INC.)	  	Delaware Department of State	  	5258535 5	  	8/16/05*	  	Specific leased equipment described therein which is leased under Schedule F to Master Lease Agreement No. F65456 dated 1/29/04
					
	Hewlett-Packard Financial Services Company	  	Delaware Department of State	  	5262414 7	  	8/18/05*	  	All equipment and software which Secured Party has leased to or financed for Debtor
					
	BANK OF AMERICA LEASING & CAPITAL, LLC (Assignee of FORSYTHE/MCARTHUR ASSOCIATES, INC.)	  	Delaware Department of State	  	6139548 2	  	4/19/06	  	Specific leased equipment described therein which is leased under Schedule H to Master Lease Agreement No. F65456 dated 1/29/04
					
	BANK OF AMERICA LEASING & CAPITAL, LLC (Assignee of FORSYTHE/MCARTHUR ASSOCIATES, INC.)	  	Delaware Department of State	  	6430775 7	  	12/5/06	  	Specific leased equipment described therein which is leased under Schedule J to Master Lease Agreement No. F65456 dated 1/29/04

 DEBTOR: CONSOL Energy Inc. 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	IBM CREDIT LLC	  	Delaware Department of State	  	2007 0184175	  	1/16/07	  	Specific leased equipment described therein as further described in IBM Credit LLC Supplement #D43932
					
	DBT America Inc.	  	Delaware Department of State	  	2007 0210244	  	1/17/07	  	Specific equipment described therein
					
	DBT America Inc.	  	Delaware Department of State	  	2007 0210327	  	1/17/07	  	Specific equipment described therein
					
	CHESAPEAKE FUNDING LLC	  	Delaware Department of State	  	2007 3319109	  	8/30/07 (Amendment filed 5/23/08; Amendment filed 7/7/08; Amendment filed 7/9/08)	  	Specific equipment described therein leased pursuant to Lease Assumption Agreement dated 7/6/01 
					
		  		  		  		  	 Amendments
 Addition of
specific leased equipment

					
	IBM CREDIT LLC	  	Delaware Department of State	  	2008 1158946	  	4/2/08	  	Specific leased equipment described therein as further described in IBM Credit LLC Supplement #940317
					
	IBM CREDIT LLC	  	Delaware Department of State	  	2008 1173499	  	4/3/08	  	Specific leased equipment described therein as further described in IBM Credit LLC Supplement #940317
					
	COACTIV CAPITAL PARTNERS, INC.	  	Delaware Department of State	  	2008 2028023	  	6/13/08	  	Specific leased equipment described therein

  
 - 2 -

 DEBTOR: CONSOL Energy Inc. 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	SG EQUIPMENT FINANCE USA CORP.	  	Delaware Department of State	  	2008 2274619	  	7/2/08	  	Precautionary UCC filed in connection with Open Text End User License Agreement dated 6/15/08 and Schedule dated 6/15/08 and Master Installment Payment Agreement Schedule No. 001
dated 6/15/08 (no other information listed as to nature of collateral; Debtor and Secured Party are designated as Lessee and Lessor)
					
	BANK OF AMERICA LEASING & CAPITAL, LLC	  	Delaware Department of State	  	2008 2329066	  	7/8/08	  	Leased Gulfstream aircraft as described in Aircraft Sublease Agreement (S/N 1493) dated 4/22/08
					
	MAINLINE FINANCIAL SERVICES, LLC	  	Delaware Department of State	  	2008 3275995	  	9/26/08	  	Specific equipment described therein leased pursuant to Master Lease Agreement dated 5/28/08 and Equipment Schedule No. CONS-001 dated 5/28/08
					
	MAINLINE FINANCIAL SERVICES, LLC	  	Delaware Department of State	  	2008 3277082	  	9/26/08	  	Specific equipment described therein leased pursuant to Master Lease Agreement dated 5/28/08 and Equipment Schedule Nos. CONS01C-002 and CONS01C-003 dated 7/17/08
					
	CHESAPEAKE FUNDING LLC	  	Delaware Department of State	  	2009 0642832	  	2/27/09	  	Specific equipment described therein leased pursuant to Lease Agreement 7/6/01

  
 - 3 -

 DEBTOR: CONSOL Energy Inc. 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	MAINLINE FINANCIAL SERVICES, LLC	  	Delaware Department of State	  	2009 3735492	  	11/20/09	  	Specific equipment described therein leased pursuant to Master Lease Agreement dated 5/28/08 and Equipment Schedule No. CONS01C-004 dated 11/11/09
					
	IBM CREDIT LLC	  	Delaware Department of State	  	2009 3775639	  	11/24/09	  	Specific leased equipment described therein as further described in IBM Credit LLC Supplement #G15239
					
	Highland Community Bank	  	Delaware Department of State	  	2010 0385967	  	2/3/10	  	Specific equipment described therein leased pursuant to Lease Agreement MRC-CNX-100 dated 12/28/09 and Schedule 1

 

	*	To the extent continuation statements were filed. 

  
 - 4 -

 DEBTOR: CNX Marine Terminals Inc. 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	NNHG FINANCIAL SERVICES, INC.	  	Delaware Department of State	  	4002422 6	  	1/6/04 (Continuation filed 7/25/08)	  	All of the equipment leased by Lessor (Secured Party) to Lessee (Debtor)
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2007 1261402	  	4/4/07	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2008 3872866	  	11/19/08	  	Specific leased equipment described therein

  
 - 5 -

 DEBTOR: CONSOL of Kentucky Inc. 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	WHAYNE SUPPLY COMPANY	  	Delaware Department of State	  	5158206 4	  	5/23/05*	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	6267268 1	  	8/2/06	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2007 1636017	  	5/1/07	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2007 1636082	  	5/1/07	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2008 3424254	  	10/9/08	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 2287362	  	7/16/09 (Amendment filed 3/4/10)	  	Specific leased equipment described therein 
					
		  		  		  		  	 Amendment
 Addition of
additional pieces of leased equipment

					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 3358816	  	10/19/09	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 3808976	  	11/30/09	  	Specific leased equipment described therein

  

	*	To the extent continuation statements were filed. 

  
 - 6 -

 DEBTOR: Consol Pennsylvania Coal Company LLC 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	6379783 4	  	10/31/06	  	Specific leased equipment described therein
					
	DBT America Inc.	  	Delaware Department of State	  	2007 0210327	  	1/17/07	  	Specific equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2007 4398730	  	11/19/07	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2008 1053501	  	3/26/08	  	Specific leased equipment described therein
					
	RBS ASSET FINANCE, INC.	  	Delaware Department of State	  	2008 1740974	  	5/20/08	  	Specific equipment described therein leased pursuant to Schedule No. 1 dated 3/28/06 to Master Lease Agreement dated 3/28/06
					
	BANK OF CASTILLE	  	Delaware Department of State	  	2008 3591656	  	10/24/08	  	Specific leased equipment described therein
					
	U.S. BANCORP EQUIPMENT FINANCE, INC.	  	Delaware Department of State	  	2009 0596939	  	2/24/09	  	Specific equipment described therein
					
	RBS ASSET FINANCE, INC.	  	Delaware Department of State	  	2009 0631462	  	2/26/09	  	Specific equipment described therein leased pursuant to Schedule No. 2 dated 2/24/09 to Master Lease Agreement dated 3/28/06
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 0929189	  	3/24/09	  	Specific leased equipment described therein
					
	U.S. BANCORP EQUIPMENT FINANCE, INC.	  	Delaware Department of State	  	2009 2520655	  	8/6/09	  	Specific equipment described therein

  
 - 7 -

 DEBTOR: Consol Pennsylvania Coal Company LLC 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	RBS ASSET FINANCE, INC.	  	Delaware Department of State	  	2009 2525613	  	8/6/09	  	Specific equipment described therein leased pursuant to Schedule No. 3 dated 8/6/09 to Master Lease Agreement dated 3/28/06

  
 - 8 -

 DEBTOR: Consolidation Coal Company 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	DBT America Inc.	  	Delaware Department of State	  	5101491 0	  	4/4/05*	  	Specific equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	5150703 8	  	5/16/05*	  	Specific equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	5227545 2	  	7/22/05*	  	Specific equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	5241371 5	  	8/4/05*	  	Specific equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	6005488 2	  	1/6/06*	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	6249639 6	  	7/19/06	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	6249658 6	  	7/19/06	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	6249669 3	  	7/19/06	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	6267245 9	  	8/2/06	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	6267250 9	  	8/2/06	  	Specific leased equipment described therein

  
 - 9 -

 DEBTOR: Consolidation Coal Company 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	6395094 6	  	11/13/06	  	Specific leased equipment described therein
					
	DBT America Inc.	  	Delaware Department of State	  	2007 0210244	  	1/17/07	  	Specific equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2007 2187507	  	6/11/07	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2007 2707981	  	7/18/07	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2007 4883749	  	12/27/07	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2008 0348597	  	1/29/08	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2008 0983450	  	3/20/08	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2008 2826855	  	8/19/08	  	Specific leased equipment described therein
					
	BANK OF AMERICA LEASING & CAPITAL, LLC	  	Delaware Department of State	  	2009 0108115	  	1/13/09	  	Specific equipment described therein leased pursuant to Schedule No. 1 to Master Lease Agreement No. 19596-90000 dated 12/31/08
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 0150695	  	1/15/09	  	Specific leased equipment described therein

  
 - 10 -

 DEBTOR: Consolidation Coal Company 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 0759305	  	3/10/09	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 2143300	  	7/2/09	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 2730437	  	8/25/09	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 3480115	  	10/29/09	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 4018559	  	12/16/09	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2010 0647507	  	2/25/10	  	Specific leased equipment described therein

  

	*	To the extent continuation statements were filed. 

  
 - 11 -

 DEBTOR: Eighty-Four Mining Company 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	DBT America Inc.	  	Pennsylvania Department of State	  	2005040604098	  	4/4/05*	  	Specific equipment described therein
					
	DBT America Inc.	  	Pennsylvania Department of State	  	2007032400468	  	3/20/07	  	Specific equipment described therein
					
	DBT America Inc.	  	Pennsylvania Department of State	  	2007051600592	  	5/14/07	  	Specific equipment described therein

  

	*	To the extent continuation statements were filed. 

  
 - 12 -

 DEBTOR: Fola Coal Company, L.L.C. 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	Rish Equipment Company	  	West Virginia Secretary of State	  	200700053368	  	6/22/07	  	Specific equipment described therein
					
	Caterpillar Financial Services Corporation	  	West Virginia Secretary of State	  	200800215212	  	5/29/08	  	Specific leased equipment described therein
					
	Caterpillar Financial Services Corporation	  	West Virginia Secretary of State	  	200800225062	  	6/17/08	  	Specific leased equipment described therein
					
	Caterpillar Financial Services Corporation	  	West Virginia Secretary of State	  	200800229995	  	6/24/08	  	Specific leased equipment described therein
					
	Caterpillar Financial Services Corporation	  	West Virginia Secretary of State	  	200800234173	  	7/1/08	  	Specific leased equipment described therein
					
	Caterpillar Financial Services Corporation	  	West Virginia Secretary of State	  	200800234185	  	7/1/08	  	Specific leased equipment described therein
					
	Caterpillar Financial Services Corporation	  	West Virginia Secretary of State	  	200800234209	  	7/1/08	  	Specific leased equipment described therein
					
	Caterpillar Financial Services Corporation	  	West Virginia Secretary of State	  	200800242143	  	7/17/08	  	Specific leased equipment described therein
					
	Caterpillar Financial Services Corporation	  	West Virginia Secretary of State	  	200900346689	  	4/8/09	  	Specific leased equipment described therein

  
 - 13 -

 DEBTOR: Keystone Coal Mining Corporation 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	Caterpillar Financial Services Corporation	  	Pennsylvania Department of State	  	2009041405552	  	4/14/09	  	Specific leased equipment described therein

  
 - 14 -

 DEBTOR: McElroy Coal Company 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	5255748 7	  	8/17/05*	  	Specific equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	5255982 2	  	8/17/05*	  	Specific equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	5256643 9	  	8/17/05*	  	Specific equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2007 1261691	  	4/4/07	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2008 2826053	  	8/19/08	  	Specific leased equipment described therein
					
	CATERPILLAR FINANCIAL SERVICES CORPORATION	  	Delaware Department of State	  	2009 0801768	  	3/12/09	  	Specific leased equipment described therein

  

	*	To the extent continuation statements were filed. 

  
 - 15 -

 DEBTOR: Mon River Towing, Inc. 

 

									
	 SECURED PARTY
(EXACTLY AS LISTED ON UCC)
	  	 SEARCH
JURISDICTION
	  	 ORIGINAL
FILING NO.
	  	 FILING DATE(S)
	  	 COLLATERAL/
DESCRIPTION
OF
AMENDMENT(S)

	General Electric Capital Corporation	  	Pennsylvania Department of State	  	2005092700296	  	9/23/05 (Amendment filed 10/20/05) *	  	Specific vessels described therein documented under United States Flag;
(Debtor and Secured Party are designated as Lessee and Lessor)
					
		  		  		  		  	 Amendment
 Amendment and
restatement of collateral description

					
	Banc of America Leasing & Capital, LLC	  	Pennsylvania Department of State	  	2007120505746	  	12/5/07	  	Precautionary filing in connection with Bareboat Charter Agreement dated 12/4/07 concerning U.S. flag vessels described therein
					
	BANC OF AMERICA LEASING & CAPITAL, LLC	  	Pennsylvania Department of State	  	2009061101994	  	6/11/09	  	Specific vessels described therein leased pursuant to Bareboat Charter Agreement dated 6/11/09

 

	*	To the extent continuation statements were filed. 

  
 - 16 -

 SCHEDULE 1.1 (R) – REAL PROPERTY 

 

	I.	COAL MINES AND COAL RESERVES* 

  

			
	 LOCATION
	  	 ENTITY

	Alexander Reserve in Marshall County, WV	  	Reserve Coal Properties Company, a Delaware corporation and Consol Pennsylvania Coal Company LLC, a Delaware limited liability company
		
	Amonate Mine and Associated Facilities in Tazewell County, VA and McDowell County, WV	  	Reserve Coal Properties Company, a Delaware corporation, Consolidation Coal Company, a Delaware corporation and Consol Pennsylvania Coal Company LLC, a Delaware limited liability
company
		
	Bailey Mine, Enlow Fork Mine, and Associated Facilities in Marshall County, WV, Greene County, PA, and Washington County, PA	  	Reserve Coal Properties Company, a Delaware corporation, Consolidation Coal Company, a Delaware corporation, Conrhein Coal Company, a Pennsylvania general partnership, and Consol
Pennsylvania Coal Company LLC, a Delaware limited liability company
		
	Berkshire Reserve in Washington County, PA	  	Conrhein Coal Company, a Pennsylvania general partnership, Consolidation Coal Company, a Delaware corporation and Consol Pennsylvania Coal Company LLC, a Delaware limited
liability company
		
	Birch Reserve in Braxton County, WV, Clay County, WV, and Nicholas County, WV	  	Wolfpen Knob Development Company, a Virginia corporation
		
	Blacksville #2 Mine and Associated Facilities in Greene County, PA, and Monongalia County, WV	  	Consolidation Coal Company, a Delaware corporation
		
	Blacksville #3 Reserve in Greene County, PA, and Monongalia County, WV	  	Reserve Coal Properties Company, a Delaware corporation and Consolidation Coal Company, a Delaware corporation
		
	Buchanan Mine and Associated Facilities in Buchanan County, VA	  	Reserve Coal Properties Company, a Delaware corporation and Consolidation Coal Company, a Delaware corporation
		
	Clark County Reserve in Clark County, IL	  	Reserve Coal Properties Company, a Delaware corporation
		
	Danville Reserve in Vermilion County, IL, and Edgar County, IL	  	Reserve Coal Properties Company, a Delaware corporation, Consol Pennsylvania Coal Company LLC, a Delaware limited liability company and CNX Marine Terminals Inc., a Delaware
corporation

  
 - 17 -

			
	 LOCATION
	  	 ENTITY

	Eighty-Four Mine and Associated Facilities in Washington County, PA	  	Eighty-Four Mining Company, a Pennsylvania corporation, Island Creek Coal Company, a Delaware corporation, Laurel Run Mining Company, a Virginia corporation and Reserve Coal
Properties Company, a Delaware corporation, individually and as successor in interest to Lucerne Land Company
		
	Emery Mine and Associated Facilities in Emery County, UT	  	Consolidation Coal Company, a Delaware corporation
		
	Fallowfield Reserve in Washington County, PA	  	CNX Marine Terminals Inc., a Delaware corporation, Consolidation Coal Company, a Delaware corporation and Reserve Coal Properties Company, a Delaware corporation
		
	Greene Hill Reserve in Greene County, PA	  	Consol Pennsylvania Coal Company LLC, a Delaware limited liability company
		
	Hamilton County Reserve in Hamilton County, IL, Saline County, IL, and Franklin County, IL	  	Reserve Coal Properties Company, a Delaware corporation
		
	Holden Reserve in Logan County, WV, and Mingo County, WV	  	Island Creek Coal Company, a Delaware corporation and Laurel Run Mining Company, a Virginia corporation
		
	Hurricane Branch Reserve in Buchanan County, VA, Russell County, VA, and Tazewell County, VA	  	Reserve Coal Properties Company, a Delaware corporation and Consolidation Coal Company, a Delaware corporation
		
	Loveridge Mine and Associated Facilities in Marion County, WV, Monongalia, WV, and Wetzel County, WV	  	Consolidation Coal Company, a Delaware corporation and Reserve Coal Properties Company, a Delaware corporation
		
	Mahoning Valley Mine and Associated Facilities in Harrison County, OH, and Belmont County, OH	  	Consolidation Coal Company, a Delaware corporation
		
	Marshall County Reserve in Marshall County, WV	  	Consolidation Coal Company, a Delaware corporation, Consol Pennsylvania Coal Company LLC, a Delaware limited liability company and CNX Land Resources Inc., a Delaware
corporation
		
	McElroy Mine and Associated Facilities in Marshall County, WV	  	Consolidation Coal Company, a Delaware corporation and McElroy Coal Company, a Delaware corporation
		
	Mid-Allegheny Reserve in Marion, WV, Marshall, WV, and Wetzel Counties, WV	  	Consolidation Coal Company, a Delaware corporation
		
	Miller Creek Mine and Associated Facilities in Mingo County, WV	  	CONSOL of Kentucky Inc., a Delaware corporation
		
	Nailler Reserve in Marion County, WV	  	Consolidation Coal Company, a Delaware corporation
		
	Otter Creek Reserve in Powder River County, MT	  	Consolidation Coal Company, a Delaware corporation, and Reserve Coal Properties Company, a Delaware corporation

  
 - 18 -

			
	 LOCATION
	  	 ENTITY

	Rend Lake Mine and Associated Facilities in Jefferson County, IL	  	Consolidation Coal Company, a Delaware corporation
		
	Robinson Run Mine and Associated Facilities in Marion County, WV, Harrison County, WV, and Wetzel County, WV	  	Consolidation Coal Company, a Delaware corporation and Reserve Coal Properties Company, a Delaware corporation
		
	St. Cloud Reserve in Monongalia County, WV, and Wetzel County, WV	  	Consolidation Coal Company, a Delaware corporation and Reserve Coal Properties Company, a Delaware corporation
		
	St. Leo Reserve in Marion County, WV, Monongalia County, WV, and Wetzel County, WV	  	Consolidation Coal Company, a Delaware corporation
		
	Shaner Reserve in Allegheny County, PA and Westmoreland County, PA	  	Reserve Coal Properties Company, a Delaware corporation
		
	Shoemaker Mine and Associated Facilities in Marshall County, WV, Ohio County, WV, and Washington County, PA	  	Consolidation Coal Company, a Delaware corporation
		
	Tetrick Reserve in Doddridge County, WV, Harrison County, WV, and Marion County, WV	  	Consolidation Coal Company, a Delaware corporation and Reserve Coal Properties Company, a Delaware corporation
		
	VP3 Mine and Associated Facilities in Buchanan County, VA	  	Island Creek Coal Company, a Delaware corporation
		
	VP8 Mine and Associated Facilities in Buchanan County, VA	  	Island Creek Coal Company, a Delaware corporation
		
	Wetzel County Reserve in Wetzel County, WV	  	CNX Land Resources Inc., a Delaware corporation and Reserve Coal Properties Company, a Delaware corporation

 

	II.	 TERMINALS AND
DOCKS1

  

			
	 LOCATION
	  	 ENTITY

	Alicia Dock Facility in Fayette County, PA	  	CNX Marine Terminals Inc., a Delaware corporation

 

	1 	 Real Property does not include any assets previously released, by the Collateral Agent pursuant
to a Release Notice, from the Liens granted pursuant to the Loan Documents. 

  
 - 19 -

 SCHEDULE 2.9 – EXISTING LETTERS OF CREDIT 

 

															
	 LETTER OF
CREDIT NO.
	  	 BENEFICIARY
	  	ISSUE
DATE	 	  	EXPIRY
DATE	 	  	CURRENCY
AMOUNT (USD)	 
	252833	  	Illinois Industrial Commission	  	 	10/15/02	  	  	 	10/15/11	  	  	 	1,300,000.00	  
	253513	  	Old Republic Insurance	  	 	11/12/02	  	  	 	11/12/11	  	  	 	4,166,285.00	  
	254299	  	U.S. DOL	  	 	12/17/02	  	  	 	12/17/11	  	  	 	1,350,000.00	  
	262031	  	Zurich American Insurance	  	 	11/19/03	  	  	 	11/19/11	  	  	 	10,141,403.00	  
	264452	  	Commonwealth of PA Department of Transportation	  	 	02/25/04	  	  	 	03/03/12	  	  	 	700,000.00	  
	18100206	  	U.S. Department of Labor Office of Workers’ Compensation Programs Division of Longshore and Harbor Workers’ Compensation	  	 	06/23/04	  	  	 	06/23/12	  	  	 	2,650,000.00	  
	18101201	  	Virginia WC Commission	  	 	02/16/05	  	  	 	02/16/12	  	  	 	3,750,000.00	  
	18101431	  	Virginia WC Commission	  	 	04/22/05	  	  	 	04/22/12	  	  	 	2,500,000.00	  
	18101802	  	Commonwealth of Pennsylvania	  	 	06/10/05	  	  	 	06/10/12	  	  	 	21,347,499.91	  
	18102398	  	Ward Transformer Site Trust Fund	  	 	11/23/05	  	  	 	11/23/11	  	  	 	1,728,000.00	  
	18102531	  	West Virginia W/C Commission	  	 	12/05/05	  	  	 	12/05/11	  	  	 	500,000.00	  
	18102610	  	ACE American Insurance Co.	  	 	12/27/05	  	  	 	11/05/11	  	  	 	600,000.00	  
	18102922	  	Commonwealth of Pennsylvania	  	 	03/22/06	  	  	 	03/22/12	  	  	 	12,147,226.10	  
	18102924	  	Commonwealth of Pennsylvania	  	 	03/22/06	  	  	 	03/22/12	  	  	 	2,060,143.84	  
	18102925	  	Commonwealth of Pennsylvania	  	 	03/22/06	  	  	 	03/22/12	  	  	 	722,450.65	  
	18102926	  	Commonwealth of Pennsylvania	  	 	03/22/06	  	  	 	03/22/12	  	  	 	184,578.39	  
	18102928	  	Commonwealth of Pennsylvania	  	 	03/22/06	  	  	 	03/22/12	  	  	 	16,692,554.22	  
	18102929	  	Commonwealth of Pennsylvania	  	 	03/22/06	  	  	 	03/22/12	  	  	 	398,275.57	  
	18102932	  	Commonwealth of Pennsylvania	  	 	03/22/06	  	  	 	03/22/12	  	  	 	238,425.46	  
	18102933	  	Commonwealth of Pennsylvania	  	 	03/22/06	  	  	 	03/22/12	  	  	 	174,620.39	  
	18103241	  	Commonwealth of Pennsylvania	  	 	05/12/06	  	  	 	05/12/12	  	  	 	600,000.00	  
	18103246	  	National Union Fire Insurance	  	 	05/22/06	  	  	 	05/22/12	  	  	 	977,980.00	  
	18104077	  	Commonwealth of Kentucky	  	 	12/07/06	  	  	 	08/31/11	  	  	 	1,818,964.00	  
	18104078	  	Commonwealth of Kentucky	  	 	12/07/06	  	  	 	06/23/12	  	  	 	11,823,851.00	  
	18104687	  	Travelers Casualty & Surety Co.	  	 	05/22/07	  	  	 	01/08/12	  	  	 	19,213,610.00	  
	18104688	  	UMWA	  	 	05/22/07	  	  	 	10/15/11	  	  	 	67,768,350.00	  
	18104689	  	Insurance Commissioner of WV	  	 	05/21/07	  	  	 	04/24/12	  	  	 	45,593,310.00	  
	18105572	  	Royal Bank of Canada	  	 	07/06/07	  	  	 	07/06/12	  	  	 	99,733.00	  
	18108064	  	Self-Insurance Division Bureau of Workers’ Compensation	  	 	10/12/07	  	  	 	10/12/11	  	  	 	30,700,000.00	  
	18109012	  	OH Bureau of Workers’ Comp.	  	 	03/05/08	  	  	 	03/05/12	  	  	 	2,042,000.00	  
	18112327	  	Zurich American Insurance	  	 	11/20/09	  	  	 	11/20/11	  	  	 	733,700.00	  
		  		  				  				  	 	264,722,960.53	  

  

	Note:	 PNC Bank is the issuing lender for the above listed letters of credit. 

  
 - 20 -

 SCHEDULE 6.1.1 – QUALIFICATIONS 

 

			
	 FULL LEGAL NAME PER CHARTER
DOCUMENTS/PARTNERSHIP AGREEMENT
(STATE OF FORMATION & TYPE OF
ENTITY)
	  	 STATE(S) OF FOREIGN QUALIFICATION

	 AMVEST Coal & Rail, L.L.C.
 (Virginia limited liability company)
	  	—  
		
	 AMVEST Coal Sales, Inc.

(Virginia corporation)
	  	West Virginia
		
	 AMVEST Corporation
 (Virginia
corporation)
	  	—  
		
	 AMVEST Gas Resources, Inc.

(Virginia corporation)
	  	West Virginia
		
	 AMVEST Mineral Services, Inc.

(Virginia corporation)
	  	 Tennessee

Florida

		
	 AMVEST Minerals Company, L.L.C.

(Virginia limited liability company)
	  	—  
		
	 AMVEST Oil & Gas, Inc.

(Virginia corporation)
	  	—  
		
	 AMVEST West Virginia Coal, L.L.C.
 (West Virginia limited liability company)
	  	—  
		
	 Braxton-Clay Land & Mineral, Inc.
 (West Virginia corporation)
	  	—  
		
	 Central Ohio Coal Company

(Ohio corporation)
	  	—  
		
	 CNX Land Resources Inc.

(Delaware corporation)
	  	 Colorado

Illinois
 Kentucky

Montana
 Pennsylvania

Texas
 Utah

Virginia
 West

Virginia
 Wyoming

		
	 CNX Marine Terminals Inc.

(Delaware corporation)
	  	 Illinois

Maryland
 Ohio

Pennsylvania

		
	 CONSOL Energy Holdings LLC VI

(Delaware limited liability company)
	  	—  

  
 - 21 -

			
	 FULL LEGAL NAME PER CHARTER
DOCUMENTS/PARTNERSHIP AGREEMENT
(STATE OF FORMATION & TYPE OF
ENTITY)
	  	 STATE(S) OF FOREIGN QUALIFICATION

	 CONSOL Energy Inc.
 (Delaware
corporation)
	  	 Colorado

Kentucky
 Montana

Pennsylvania
 Virginia

West
 Virginia

		
	 CONSOL Energy Sales Company

(Delaware corporation)
	  	 Georgia
 Maryland

Pennsylvania
 Virginia

		
	 CONSOL Financial Inc.

(Delaware corporation)
	  	—  
		
	 CONSOL of Canada Inc.

(Delaware corporation)
	  	Alberta
		
	 CONSOL of Central Pennsylvania LLC
 (Pennsylvania limited liability company)
	  	—  
		
	 CONSOL of Kentucky Inc.

(Delaware corporation)
	  	 Kentucky

Virginia
 West Virginia

		
	 CONSOL of Ohio LLC
 (Ohio
limited liability company)
	  	—  
		
	 CONSOL of WV LLC
 (West
Virginia limited liability company)
	  	—  
		
	 CONSOL of Wyoming LLC

(Delaware limited liability company)
	  	—  
		
	 Consol Pennsylvania Coal Company LLC
 (Delaware limited liability company)
	  	Pennsylvania Virginia West Virginia

  
 - 22 -

			
	 FULL LEGAL NAME PER CHARTER
DOCUMENTS/PARTNERSHIP AGREEMENT
(STATE OF FORMATION & TYPE OF
ENTITY)
	  	 STATE(S) OF FOREIGN QUALIFICATION

	 Consolidation Coal Company

(Delaware corporation)
	  	 Illinois

Kentucky
 Michigan

Mississippi
 Missouri

Montana
 New Mexico

New York
 North Dakota

Ohio
 Pennsylvania

Tennessee
 Utah

Virginia
 West Virginia

Wyoming

		
	 Eighty-Four Mining Company

(Pennsylvania corporation)
	  	—  
		
	 Fola Coal Company, L.L.C.

(West Virginia limited liability company)
	  	—  
		
	 Glamorgan Coal Company, L.L.C.

(Virginia limited liability company)
	  	—  
		
	 Helvetia Coal Company

(Pennsylvania corporation)
	  	—  
		
	 Island Creek Coal Company

(Delaware corporation)
	  	 Kentucky

Pennsylvania
 Virginia

West Virginia

		
	 Keystone Coal Mining Corporation

(Pennsylvania corporation)
	  	—  
		
	 Laurel Run Mining Company

(Virginia corporation)
	  	 Pennsylvania
 West
Virginia

		
	 Leatherwood, Inc.

(Pennsylvania corporation)
	  	 Virginia
 West
Virginia

		
	 Little Eagle Coal Company, L.L.C.
 (West Virginia limited liability company)
	  	—  
		
	 McElroy Coal Company
 (Delaware
corporation)
	  	West Virginia

  
 - 23 -

			
	 FULL LEGAL NAME PER CHARTER
DOCUMENTS/PARTNERSHIP AGREEMENT
(STATE OF FORMATION & TYPE OF
ENTITY)
	  	 STATE(S) OF FOREIGN QUALIFICATION

	 Mon River Towing, Inc.

(Pennsylvania corporation)
	  	West Virginia
		
	 MTB Inc.
 (Delaware
corporation)
	  	Pennsylvania
		
	 Nicholas-Clay Land & Mineral, Inc.
 (Virginia corporation)
	  	West Virginia
		
	 Peters Creek Mineral Services, Inc.
 (Virginia corporation)
	  	West Virginia
		
	 Reserve Coal Properties Company

(Delaware corporation)
	  	 Colorado
 Illinois

Indiana
 Kentucky

Ohio
 Pennsylvania

Texas
 Virginia

West
 Virginia

Wyoming

		
	 Rochester & Pittsburgh Coal Company
 (Pennsylvania corporation)
	  	 New York
 Utah

West Virginia

		
	 Southern Ohio Coal Company

(West Virginia corporation)
	  	Ohio
		
	 TEAGLE Company, L.L.C.

(Virginia limited liability company)
	  	—  
		
	 TECPART Corporation
 (Delaware
corporation)
	  	West Virginia
		
	 Terra Firma Company
 (West
Virginia corporation)
	  	—  
		
	 Terry Eagle Coal Company, L.L.C.

(West Virginia limited liability company)
	  	—  
		
	 Terry Eagle Limited Partnership

(West Virginia limited partnership)
	  	—  
		
	 Twin Rivers Towing Company

(Delaware corporation)
	  	 Pennsylvania
 West
Virginia

		
	 Vaughan Railroad Company
 (West
Virginia corporation)
	  	—  

  
 - 24 -

			
	 FULL LEGAL NAME PER CHARTER
DOCUMENTS/PARTNERSHIP AGREEMENT
(STATE OF FORMATION & TYPE OF
ENTITY)
	  	 STATE(S) OF FOREIGN QUALIFICATION

	 Windsor Coal Company
 (West
Virginia corporation)
	  	—  
		
	 Wolfpen Knob Development Company

(Virginia corporation)
	  	 Ohio
 West
Virginia

  
 - 25 -

 SCHEDULE 6.1.2 – SUBSIDIARIES 

 

																			
	 SUBSIDIARY
	  	 JURISDICTION OF
INCORPORATION
	  	 OWNER
	  	 CLASS OF
EQUITY
INTEREST
	  	AUTHORIZED
CAPITAL
STOCK	 	  	ISSUED
SHARES	 	  	% OF
OUTSTANDING
SHARES	 
	AMVEST Coal & Rail, L.L.C.	  	Virginia	  	AMVEST Minerals Company, L.L.C.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	AMVEST Coal Sales, Inc.	  	Virginia	  	Glamorgan Coal Company, L.L.C.	  	Common	  	 	1,000	  	  	 	100	  	  	 	100	% 
	AMVEST Corporation	  	Virginia	  	CONSOL Energy Inc.	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	AMVEST Gas Resources, Inc.	  	Virginia	  	AMVEST Oil & Gas, Inc.	  	Common	  	 	1,000	  	  	 	100	  	  	 	100	% 
	AMVEST Mineral Services, Inc.	  	Virginia	  	Glamorgan Coal Company, L.L.C.	  	Common	  	 	1,000	  	  	 	100	  	  	 	100	% 
	AMVEST Minerals Company, L.L.C.	  	Virginia	  	AMVEST Corporation	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	AMVEST Oil & Gas, Inc.	  	Virginia	  	Glamorgan Coal Company, L.L.C.	  	Common	  	 	1,000	  	  	 	100	  	  	 	100	% 
	AMVEST West Virginia Coal, L.L.C.	  	West Virginia	  	 Nicholas-Clay Land & Mineral, Inc. (70%)
  

Terry Eagle Limited Partnership (30%)
	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	Braxton-Clay Land & Mineral, Inc.	  	West Virginia	  	AMVEST Coal & Rail, L.L.C.	  	Common	  	 	1,000	  	  	 	100	  	  	 	100	% 
	Central Ohio Coal Company	  	Ohio	  	Consolidation Coal Company	  	Common	  	 	100,000	  	  	 	75,000	  	  	 	100	% 
	CNX Land Resources Inc.	  	Delaware	  	CONSOL Energy Inc.	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 

  
 - 26 -

																			
	 SUBSIDIARY
	  	 JURISDICTION OF
INCORPORATION
	  	 OWNER
	  	 CLASS OF
EQUITY
INTEREST
	  	AUTHORIZED
CAPITAL
STOCK	 	  	ISSUED
SHARES	 	  	% OF
OUTSTANDING
SHARES	 
	CNX Marine Terminals Inc.	  	Delaware	  	CONSOL Energy Sales Company	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	Conrhein Coal Company	  	Pennsylvania General Partnership	  	 Consolidation Coal Company (76%)

MTB Inc. (24%)
	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	CONSOL Energy Holdings LLC VI	  	Delaware	  	CONSOL Energy Inc.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	CONSOL Energy Sales Company	  	Delaware	  	CONSOL Energy Inc.	  	Common	  	 	2,000	  	  	 	1,000	  	  	 	100	% 
	CONSOL Financial Inc.	  	Delaware	  	CONSOL Energy Inc.	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	CONSOL of Canada Inc.	  	Delaware	  	CONSOL Energy Inc.	  	Common	  	 	10,000	  	  	 	7,000	  	  	 	100	% 
	CONSOL of Central Pennsylvania LLC	  	Pennsylvania	  	CONSOL Energy Inc.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	CONSOL of Kentucky Inc.	  	Delaware	  	CONSOL Energy Inc.	  	Common	  	 	250,000	  	  	 	500	  	  	 	100	% 
	CONSOL of Ohio LLC	  	Ohio	  	CONSOL Energy Inc.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	CONSOL of WV LLC	  	West Virginia	  	CONSOL Energy Inc.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	CONSOL of Wyoming LLC	  	Delaware	  	CONSOL Energy Inc.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	Consol Pennsylvania Coal Company LLC	  	Delaware	  	CONSOL Energy Inc.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	Consolidation Coal Company	  	Delaware	  	CONSOL Energy Inc.	  	Common	  	 	75,000	  	  	 	75,000	  	  	 	100	% 

  
 - 27 -

																			
	 SUBSIDIARY
	  	 JURISDICTION OF
INCORPORATION
	  	 OWNER
	  	 CLASS OF
EQUITY
INTEREST
	  	AUTHORIZED
CAPITAL
STOCK	 	  	ISSUED
SHARES	 	  	% OF
OUTSTANDING
SHARES	 
	Eighty-Four Mining Company	  	Pennsylvania	  	CONSOL Financial Inc.	  	Common	  	 	100	  	  	 	10	  	  	 	100	% 
	 Fola Coal Company, L.L.C.

(d/b/a Powellton Coal Company, L.L.C.) (West Virginia)
	  	West Virginia	  	AMVEST West Virginia Coal, L.L.C.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	Glamorgan Coal Company, L.L.C.	  	Virginia	  	AMVEST Minerals Company, L.L.C.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	Helvetia Coal Company	  	Pennsylvania	  	Rochester & Pittsburgh Coal Company	  	Common	  	 	500	  	  	 	500	  	  	 	100	% 
	Island Creek Coal Company	  	Delaware	  	Consolidation Coal Company	  	Common	  	 	10,000	  	  	 	100	  	  	 	100	% 
	Keystone Coal Mining Corporation	  	Pennsylvania	  	Rochester & Pittsburgh Coal Company	  	Common	  	 	100	  	  	 	100	  	  	 	100	% 
	Laurel Run Mining Company	  	Virginia	  	Island Creek Coal Company	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	Leatherwood, Inc.	  	Pennsylvania	  	Rochester & Pittsburgh Coal Company	  	Common	  	 	100	  	  	 	100	  	  	 	100	% 
	Little Eagle Coal Company, L.L.C.	  	West Virginia	  	AMVEST West Virginia Coal, L.L.C.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	McElroy Coal Company	  	Delaware	  	Consolidation Coal Company	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	Mon River Towing, Inc.	  	Pennsylvania	  	CONSOL Energy Sales Company	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	MTB Inc.	  	Delaware	  	CONSOL Energy Inc.	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 

  
 - 28 -

																			
	 SUBSIDIARY
	  	 JURISDICTION OF
INCORPORATION
	  	 OWNER
	  	 CLASS OF
EQUITY
INTEREST
	  	AUTHORIZED
CAPITAL
STOCK	 	  	ISSUED
SHARES	 	  	% OF
OUTSTANDING
SHARES	 
	Nicholas-Clay Land & Mineral, Inc.	  	Virginia	  	AMVEST Coal & Rail, L.L.C.	  	Common	  	 	1,000	  	  	 	100	  	  	 	100	% 
	Peters Creek Mineral Services, Inc.	  	Virginia	  	Glamorgan Coal Company, L.L.C.	  	Common	  	 	1,000	  	  	 	100	  	  	 	100	% 
	Reserve Coal Properties Company	  	Delaware	  	CONSOL Energy Inc.	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	Rochester & Pittsburgh Coal Company	  	Pennsylvania	  	Consolidation Coal Company	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	Southern Ohio Coal Company	  	West Virginia	  	Consolidation Coal Company	  	Common	  	 	5,000	  	  	 	5,000	  	  	 	100	% 
	TEAGLE Company, L.L.C.	  	Virginia	  	AMVEST Coal & Rail, L.L.C.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	TECPART Corporation	  	Delaware	  	AMVEST Coal & Rail, L.L.C.	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	Terra Firma Company	  	West Virginia	  	CNX Land Resources Inc.	  	Common	  	 	1,000	  	  	 	1	  	  	 	100	% 
	Terry Eagle Coal Company, L.L.C.	  	West Virginia	  	AMVEST West Virginia Coal, L.L.C.	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	Terry Eagle Limited Partnership	  	West Virginia	  	 TECPART Corporation (47.5% GP & 2.5% LP)
 TEAGLE Company, L.L.C.
 (47.5% GP & 2.5% LP)
	  		  	 	—  	  	  	 	—  	  	  	 	—  	  
	Twin Rivers Towing Company	  	Delaware	  	CONSOL Energy Sales Company	  	Common	  	 	1,000	  	  	 	1,000	  	  	 	100	% 
	Vaughan Railroad Company	  	West Virginia	  	AMVEST Coal & Rail, L.L.C.	  	Common	  	 	1,000	  	  	 	100	  	  	 	100	% 
	Windsor Coal Company	  	West Virginia	  	Consolidation Coal Company	  	Common	  	 	5,000	  	  	 	4,064	  	  	 	100	% 

  
 - 29 -

													
	 SUBSIDIARY
	  	 JURISDICTION OF
INCORPORATION
	  	 OWNER
	  	 CLASS OF
EQUITY
INTEREST
	  	AUTHORIZED
CAPITAL
STOCK	  	ISSUED
SHARES	  	% OF
OUTSTANDING
SHARES
	Wolfpen Knob Development Company	  	Virginia	  	CONSOL Energy Inc.	  	Common	  	1,000	  	1,000	  	100%

  
 - 30 -

 SCHEDULE 6.1.13 – INSURANCE POLICIES 

 

					
	 NAMED INSURED
	  	 COVERAGE
	  	 CARRIER
POLICY NUMBER

	CONSOL Energy Inc. et al.	  	General Liability	  	 Steadfast Insurance Company

BOG9377215-07

			
	CONSOL Energy Inc. et al.	  	Commercial Automobile Liability	  	 Zurich American Insurance Company
 BAP 9377207-07

			
	CONSOL Energy Inc. et al.	  	Workers’ Compensation and Employer’s Liability	  	 Zurich American Insurance Company
 WC 9377211-07

			
	 CONSOL Energy Inc.
 (Emery Mine
– Utah & Little Eagle Mine – WV)
	  	Workers’ Compensation and Employer’s Liability	  	 Zurich American Insurance Company
 WC 6556069-01

			
	CONSOL Energy Inc.	  	Excess Workers’ Compensation & Employer’s Liability (Kentucky Only)	  	 ACE American Insurance Company

WCL C46567122

			
	CONSOL Energy Inc.	  	Excess Workers’ Compensation & Employer’s Liability (Pennsylvania Only)	  	 ACE American Insurance Company

WCL C46447025

			
	 CONSOL Energy Inc.
 (Amvest
Operations)
	  	Excess Workers’ Compensation & Employer’s Liability (West Virginia Only)	  	 ACE American Insurance Company

WCU C4656716A

			
	CONSOL Energy Inc.	  	Excess U.S. Longshore and Harbor Workers – Workers’ Compensation	  	 ACE American Insurance Company

WCL C46567201

			
	CONSOL Energy Inc. et al.	  	Umbrella Liability – Layer $25 Million Excess Primary	  	 Zurich American Guaranty & Liability Insurance Co.
 UMB-9829583-00

			
	CONSOL Energy Inc. et al.	  	Umbrella Liability – Layer $25 Million Excess $25 Million	  	 Lexington Insurance Co.

62785297

			
	CONSOL Energy Inc. et al.	  	Umbrella Liability – Layer $25 Million Excess $50 Million	  	 XL Insurance (London)

DL402810

			
	CONSOL Energy Inc. et al.	  	Umbrella Liability – Layer $25 Million Excess $75 Million	  	 Allied World Company Ltd. (AWAC)

C0084851004

			
	CONSOL Energy Inc. et al.	  	Umbrella Liability – Layer $25 Million Excess $100 Million	  	 Star Indemnity

SLSLXNR03002510

			
	CONSOL Energy Inc. et al.	  	Umbrella Liability – Layer $50 Million Excess $125 Million	  	 XL Insurance Ltd. (Bermuda)

BM00025258LI10A

			
	CONSOL Energy Inc. et al.	  	Umbrella Liability – Layer $25 Million Excess $175 Million	  	 Liberty (UK)

DL476810

			
	CONSOL Energy Inc. et al.	  	Umbrella Liability – Layer $50 Million Excess $200 Million	  	 Chartis Cat Excess

60703862

  
 - 31 -

					
	 NAMED INSURED
	  	 COVERAGE
	  	 CARRIER
POLICY NUMBER

	CONSOL Energy Inc.	  	 “All Risk” Property

including
 Equipment Breakdown, Certified and
Non-Certified Terrorism
  
 $275,000,000 Limit for Real and Personal Property
at aboveground locations
  
 $100,000,000 Limit for Real and Personal
Property at underground locations, including underground time element
  

$275,000,000 Flood per Occurrence and Annual Aggregate, except:
 Zone A - $75,000,000
 Zone V - $10,000,000
	  	 Primary ($75,000,000)

Lloyd’s of London DP774610
 Lexington
Insurance Company
 017397051
 Zurich
American Insurance Company
 MNG 5323464-01
 Westchester Surplus Lines
 Insurance Company

D35895541 005
 Ironshore Insurance
Ltd.
 441923410A
 Maiden Specialty
Insurance Company
 S1LMY0050203S

National Union Fire Insurance Company of Pittsburgh, PA
 53089649
 Allied World Assurance Company P000599/009

RSUI Indemnity Company
 NHD368220

Alterra Insurance Limited

54953-3767-PRMAN-2010
 Hiscox Insurance Company
Ltd.
 UIS2510638.10
 ACE Bermuda
Insurance Ltd.
 CONSOL00604P07
 Axis
Surplus Insurance Company
 EAF753610-10

Aspen Specialty Insurance Company

PRA77XA10
 Arch Reinsurance Ltd.

HHP0016679-04
 Excess ($25,000,000 x/s
$75,000,000)
 Zurich American Insurance Company
 MNG 5323464-01
 Allied World Assurance Company P000599/009

Great Lakes Insurance Co. Plc.

088106-01-10
 Arch Reinsurance Ltd.

HHP0016679-04
 Aspen Specialty Insurance
Company
 PXA4DJV10
 General Security
Indemnity Company of Arizona
 2010 10F140860-1

  
 - 32 -

					
	 NAMED INSURED
	  	 COVERAGE
	  	 CARRIER
POLICY NUMBER

	CONSOL Energy Inc.	  	 “All Risk” Property

including
 Equipment Breakdown, Certified and
Non-Certified Terrorism
 (continued)
	  	 Lloyd’s of London DP782810

Validus URS
 AJW091755B10

Maiden Specialty Insurance Company

S1LMY0050203S
 Hiscox Insurance Company
Ltd.
 UIS2502964.10
 National Union
Fire Insurance Company of Pittsburgh, PA
 53089650
 Homeland Insurance Company of New York
 YSP 3157

RSUI Indemnity Company
 NHT368220

Alterra Insurance Limited

54953-3767-PRMAN-2010
 ACE Bermuda Insurance
Ltd.
 CONSOL00604P07
 Excess
($175,000,000 x/s $100,000,000)
 ACE Bermuda Insurance Ltd.
 CONSOL00604P07
 Commonwealth Insurance Company

US8465
 Montpelier Reinsurance Ltd.

B10FA71790
 Axis Insurance Company

MNG 718527-10
 RSUI Indemnity Company

NHT368223
 Lexington Insurance Company

017397052
 Swiss Re International S.E.

MH74574
 General Security Indemnity Company of
Arizona
 2010 10F140860-1
 Maiden
Specialty Insurance Company
 S1LMY0050203S
 AGCS Marine Insurance Company
 MXI93020539

			
	CONSOL Energy Inc.	  	Boiler & Machinery Inspection and Insurance	  	 ARISE Boiler Inspection & Insurance Company, RRG
 133344

			
	CONSOL Energy Inc.	  	All Risk Property Certified and Non-Certified Terrorism Gap Coverage	  	 Lexington Insurance Co.

015802315

  
 - 33 -

					
	 NAMED INSURED
	  	 COVERAGE
	  	 CARRIER
POLICY NUMBER

	CONSOL/Mon River et al.	  	Marine Package, including Hull and Machinery, Protection and Indemnity, Landing Owners, Ship Owners, Terminal Operator, and Special Jones Act	  	 Navigators Insurance Co. – 50%
 10CFT7002/01
 CNA Insurance Company – 30%

H876410
 XL Insurance Company –
20%
 UM00018676HU10A

			
	CONSOL/Mon River et al.	  	Pollution Marine Liability	  	 Water Quality Insurance

43-50943

			
	CONSOL/Mon River et al.	  	Excess Marine Liability – Layer $9 Million Excess Primary	  	 Navigators Insurance Co. – 75%
 10L0633/01
 XL Insurance Company – 25%
 UM00018676HU10A

			
	CONSOL/Mon River et al.	  	Excess Marine Liability – Layer $10 Million	  	 Navigators Insurance Co. – 50%
 1010633/02
 XL Insurance Company – 50%
 UM00018676HU10A

			
	CONSOL/Mon River et al.	  	Excess Marine Liability – Layer $30 Million	  	 Navigators Insurance Co. – 50%
 1010633/03
 XL Insurance Company – 50%
 UM00018676HU10A

			
	CONSOL/Mon River et al.	  	Excess Marine Liability – Layer $50 Million	  	 Allianz AGCS Global Marine – 50%
 OXL 92002281
 New York Marine and General Insurance Company – 50%

ML10105809

			
	CONSOL/Mon River et al.	  	Excess Marine Liability – Layer $50 Million	  	 Navigators Insurance Co. – 45.5%
 1010633/05
 XL Insurance Company – 54.5%

UM00020882MA10A

			
	CONSOL Energy Inc.	  	Directors & Officers Liability – Primary	  	XL Specialty Insurance Company ELU100391 10
			
	CONSOL Energy Inc.	  	Directors & Officers Liability – First Excess	  	 Zurich American Insurance Company
 DOC5246274-06

			
	CONSOL Energy Inc.	  	Directors & Officers Liability – Second Excess	  	 St. Paul Mercury Insurance Company
 EC09003633

			
	CONSOL Energy Inc.	  	Directors & Officers Liability – Third Excess	  	 Twin City Fire Insurance Company (The Hartford)
 00 DA 0218855-10

			
	CONSOL Energy Inc.	  	Directors & Officers Liability – Fourth Excess	  	 Associated Electric & Gas Insurance Services Limited
 (AEGIS)
 D2999A1A10

			
	CONSOL Energy Inc.	  	Directors & Officers Liability – Fifth Excess	  	 Axis Insurance Company

MNN755218012010

			
	CONSOL Energy Inc.	  	Directors & Officers Liability – Sixth Excess	  	 Continental Casualty Company

415222215

			
	CONSOL Energy Inc.	  	Side A DIC Directors & Officers Liability – Seventh Excess	  	 Federal Insurance Company

8210-7681

  
 - 34 -

					
	 NAMED INSURED
	  	 COVERAGE
	  	 CARRIER
POLICY NUMBER

	CONSOL Energy Inc.	  	Side A DIC Directors & Officers Liability – Eighth Excess	  	 Arch Insurance Company

ABX0029547-02

			
	CONSOL Energy Inc.	  	Side A DIC Directors & Officers Liability – Ninth Excess	  	 ACE American Insurance Company

DOXG24573722002

			
	CONSOL Energy Inc.	  	Fiduciary Liability	  	 Travelers Casualty & Surety Company
 105502410

			
	CONSOL Energy Inc.	  	Excess Fiduciary Liability	  	 Twin City Fire Insurance Company

00 IA 0245891 10

			
	CONSOL Energy Inc.	  	Special Risk Coverage	  	 Federal Insurance Company
 8211
3019

			
	CONSOL Energy Inc.	  	Blanket Crime	  	 Westchester Fire Insurance Company
 DON G21666488 007

			
	CONSOL Energy Inc. et al.	  	Employment Practices Liability with Omnibus Leaders Preferred Endorsement	  	 Arch Insurance Company

EPL004071400

			
	CONSOL Energy Inc.	  	Excess Employment Practices Liability	  	 St. Paul Mercury Insurance Company
 EC09003639

			
	Amvest Corporation	  	 Directors & Officers, Fiduciary Liability, and Employment Practices
 (6 year run-off coverage)
	  	 Nutmeg Insurance Company
 00 KB
0226237-06

			
	Vaughan Railroad Company	  	Railroad Liability	  	 Steadfast Insurance Company

SCC288906714

  
 - 35 -

 SCHEDULE 6.1.24 – STATUS OF PLEDGED COLLATERAL 

Master Separation Agreement, dated as of August 1, 2005, by and among CONSOL Energy Inc., certain of its subsidiaries and CNX Gas Corporation and
certain of its subsidiaries. 
 Second Amended and Restated Bylaws of Mon River Towing, Inc.2 

 

	2 	 The Second Amended and Restated Bylaws provide in part: Except with respect to a Permitted Transfer (as defined below), no shareholder may sell,
assign, transfer or otherwise dispose of any shares of the capital stock of the Corporation unless the transferee(s) thereof execute an agreement with the Corporation reflecting such agreement and waiver and an agreement to be bound by the
provisions of this Section 7.1. For purposes of this Agreement, a “Permitted Transfer” means any sale, transfer, assignment, hypothecation, pledge or other disposition of Collateral initiated or affected to secure the extension of
credit in accordance with the Senior Credit Facility, or any amendments, restatements, supplements, extensions, refinancing or other modifications of the Senior Credit Facility. 

For purposes of fully disclosing the terms of Section 7.1 of Mon River Towing, Inc.’s Second Amended and Restated Bylaw; 

1) “Collateral” means those certain interests and/or assets that Corporation has agreed to pledge under the terms and
conditions of the Senior Credit Facility in order for CONSOL to secure the extension of credit. 
 2) “Corporation”
means Mon River Towing, Inc. 
 3) “Senior Credit Facility” means that certain Amended and Restated Credit Agreement
to be dated on or about May 7, 2010, by and among CONSOL Energy Inc., a Delaware corporation (“CONSOL”), certain of CONSOL’s subsidiaries, including the Corporation, and the Lenders (as such term is defined in the Senior Credit
Facility). 

  
 - 36 -

 Schedule 7.1.14 

(Amendments and Assignments of Security Documents) 
  

	1.	Amended and Restated Collateral Trust Agreement, dated as of May 7, 2010, among Borrower, certain subsidiaries of the Borrower, Wilmington Trust Company, as
Corporate Trustee and David A. Vanaskey, as Individual Trustee 

  

	2.	Amended and Restated Security Agreement, dated as of May 7, 2010, among Borrower, certain subsidiaries of the Borrower and Wilmington Trust Company, as Collateral
Trustee 

  

	3.	Amended and Restated Pledge Agreement, dated as of May 7, 2010, among Borrower, certain subsidiaries of the Borrower and Wilmington Trust Company, as Collateral
Trustee 

  

	4.	Amended and Restated Regulated Substances Certificate and Indemnity Agreement, dated as of May 7, 2010, among Borrower, certain subsidiaries of the Borrower,
Wilmington Trust Company, as Corporate Trustee and David A. Vanaskey, as Individual Trustee 

  

	5.	Amended and Restated First Preferred Fleet Mortgage, dated May 5, 2010, effective May 7, 2010, among Consolidated Coal Company and Wilmington Trust Company,
as Collateral Trustee 

  

	6.	Amended and Restated Patent, Trademark and Copyright Security Agreement, dated as of June 27, 2007, among Borrower, certain subsidiaries of the Borrower and
Wilmington Trust Company, as Collateral Trustee 

  

	7.	Account Control Agreement, dated as of June 30, 2004, among Consolidated Coal Company, Wilmington Trust Company, as Collateral Trustee and PNC Bank, National
Association 

  

	8.	Account Control Agreement, dated as of July 12, 2004, among Borrower, Wilmington Trust Company, as Collateral Trustee and PNC Bank, National Association

  

	9.	Collateral Account Control Agreement, dated as of February 13, 2009, as amended as of November 1, 2010, among Borrower, Wilmington Trust Company, as
Collateral Trustee and Merrill Lynch Pierce, Fenner & Smith Incorporated (successor to Banc of America Securities LLC) 

  

	10.	Securities Account Control Agreement, dated as of July 28, 2004, among Borrower, Wilmington Trust Company, as Collateral Trustee and BlackRock Institutional
Management Corporation, as agent for BlackRock Liquidity Funds 

  

	11.	Securities Account Control Agreement, dated as of June 30, 2004, among Borrower, Wilmington Trust Company, as Collateral Trustee and PNC Bank, National Association

  

	12.	Securities Account Control Agreement, dated as of March 31, 2010, among Borrower, Wilmington Trust Company, as Collateral Trustee and The Huntington National Bank

	13.	Mortgages in favor of Wilmington Trust Company, as Collateral Trustee, in the following jurisdictions: 

 

	 	i)	Illinois, Clark County 

  

	 	ii)	Illinois, Edgar County 

  

	 	iii)	Illinois, Franklin County 

  

	 	iv)	Illinois, Hamilton County 

  

	 	v)	Illinois, Jefferson County 

  

	 	vi)	Illinois, Saline County 

  

	 	vii)	Illinois, Vermilion County 

  

	 	viii)	Montana, Powder River County 

  

	 	ix)	Ohio, Belmont County 

  

	 	x)	Ohio, Harrison County 

  

	 	xi)	Pennsylvania, Allegheny County 

  

	 	xii)	Pennsylvania, Fayette County 

  

	 	xiii)	Pennsylvania, Greene County 

  

	 	xiv)	Pennsylvania, Washington County 

  

	 	xv)	Utah, Emery County 

  

	 	xvi)	Virginia, Buchanan County 

  

	 	xvii)	Virginia, Russell County 

  

	 	xviii)	Virginia, Tazewell County 

  

	 	xix)	West Virginia, Braxton County 

  

	 	xx)	West Virginia, Clay County 

  

	 	xxi)	West Virginia, Doddridge County 

  

	 	xxii)	West Virginia, Harrison County 

  

	 	xxiii)	West Virginia, Logan County 

  

	 	xxiv)	West Virginia, Marion County 

  
 -2-

	 	xxv)	West Virginia, Marshall County 

  

	 	xxvi)	West Virginia, McDowell County 

  

	 	xxvii)	West Virginia, Mingo County 

  

	 	xxviii)	West Virginia, Monongalia County 

  

	 	xxix)	West Virginia, Nicholas County 

  

	 	xxx)	West Virginia, Ohio County 

  

	 	xxxi)	West Virginia, Wetzel County 

  

	14.	UCC-1 Financing Statements naming Wilmington Trust Company, as Collateral Trustee, as secured party and the following entities as debtor, filed with the Secretary of
State in the jurisdiction of organization for such debtor: 

  

	 	i)	Central Ohio Coal Company 

  

	 	ii)	CNX Land Resources Inc. 

  

	 	iii)	CNX Marine Terminals Inc. 

  

	 	iv)	Conrhein Coal Company 

  

	 	v)	CONSOL Energy Holdings LLC VI 

  

	 	vi)	CONSOL Energy Holdings LLC XVI 

  

	 	vii)	CONSOL Energy Inc. 

  

	 	viii)	CONSOL Energy Sales Company 

  

	 	ix)	CONSOL Financial Inc. 

  

	 	x)	CONSOL Gas Appalachian Development Properties LLC 

  

	 	xi)	CONSOL Gas Coalbed Methane Inc. 

  

	 	xii)	CONSOL Gas Company 

  

	 	xiii)	CONSOL Gas Reserves Inc. 

  

	 	xiv)	CONSOL of Canada Inc. 

  

	 	xv)	CONSOL of Central Pennsylvania LLC 

  

	 	xvi)	CONSOL of Kentucky Inc. 

  
 -3-

	 	xvii)	CONSOL of Ohio LLC 

  

	 	xviii)	CONSOL of WV LLC 

  

	 	xix)	CONSOL of Wyoming LLC 

  

	 	xx)	Consol Pennsylvania Coal Company LLC 

  

	 	xxi)	Consolidated Coal Comapny 

  

	 	xxii)	Eighty-Four Mining Company 

  

	 	xxiii)	Helvetia Coal Company 

  

	 	xxiv)	Island Creek Coal Company 

  

	 	xxv)	Keystone Coal Mining Corporation 

  

	 	xxvi)	Laurel Run Mining Company 

  

	 	xxvii)	Leatherwood, Inc. 

  

	 	xxviii)	McELROY COAL COMPANY 

  

	 	xxix)	Mon River Towing, Inc. 

  

	 	xxx)	MTB Inc. 

  

	 	xxxi)	Reserve Coal Properties Company 

  

	 	xxxii)	Rochester & Pittsburgh Coal Company 

  

	 	xxxiii)	Southern Ohio Coal Company 

  

	 	xxxiv)	Terra Firma Company 

  

	 	xxxv)	Twin Rivers Towing Company 

  

	 	xxxvi)	Windsor Coal Company 

  

	 	xxxvii)	Wolfpen Knob Development Company 

  

	 	xxxviii)	CNX Gas Corporation 

  

	 	xxxix)	MOB Corporation 

  

	 	xl)	Coalfield Pipeline Company 

  

	 	xli)	Knox Energy, LLC 

  
 -4-

	 	xlii)	Cardinal States Gathering Company 

  

	 	xliii)	CNX Gas Company LLC 

  

	 	xliv)	Dominion Appalachian Development, LLC 

  

	 	xlv)	Dominion Appalachian Development Properties, L.L.C. 

  

	 	xlvi)	Dominion Coalbed Methane, Inc. 

  

	 	xlvii)	Dominion Exploration & Production, Inc. 

  

	 	xlviii)	Dominion Reserves, Inc. 

  

	 	xlix)	Dominion Transmission, Inc. 

  

	15.	UCC-1 Financing Statements naming Wilmington Trust Company, as Collateral Trustee, as secured party relating to As-Extracted Collateral for the following locations:

  

	 	i)	Illinois, Clark County 

  

	 	ii)	Illinois, Edgar County 

  

	 	iii)	Illinois, Franklin County 

  

	 	iv)	Illinois, Hamilton County 

  

	 	v)	Illinois, Jefferson County 

  

	 	vi)	Illinois, Saline County 

  

	 	vii)	Illinois, Vermilion County 

  

	 	viii)	Montana, Powder River County 

  

	 	ix)	Ohio, Belmont County 

  

	 	x)	Ohio, Harrison County 

  

	 	xi)	Pennsylvania, Allegheny County 

  

	 	xii)	Pennsylvania, Fayette County 

  

	 	xiii)	Pennsylvania, Greene County 

  

	 	xiv)	Pennsylvania, Washington County 

  

	 	xv)	Utah, Emery County 

  

	 	xvi)	Virginia, Buchanan County 

  
 -5-

	 	xvii)	Virginia, Russell County 

  

	 	xviii)	Virginia, Tazewell County 

  

	 	xix)	West Virginia, Braxton County 

  

	 	xx)	West Virginia, Clay County 

  

	 	xxi)	West Virginia, Doddridge County 

  

	 	xxii)	West Virginia, Harrison County 

  

	 	xxiii)	West Virginia, Logan County 

  

	 	xxiv)	West Virginia, Marion County 

  

	 	xxv)	West Virginia, Marshall County 

  

	 	xxvi)	West Virginia, McDowell County 

  

	 	xxvii)	West Virginia, Mingo County 

  

	 	xxviii)	West Virginia, Monongalia County 

  

	 	xxix)	West Virginia, Nicholas County 

  

	 	xxx)	West Virginia, Ohio County 

  

	 	xxxi)	West Virginia, Wetzel County 

  

	16.	UCC-1 Fixture Filings naming Wilmington Trust Company, as Collateral Trustee, as secured party relating to Mortgages for the following locations:

  

	 	i)	Illinois, Clark County 

  

	 	ii)	Illinois, Edgar County 

  

	 	iii)	Illinois, Franklin County 

  

	 	iv)	Illinois, Hamilton County 

  

	 	v)	Illinois, Jefferson County 

  

	 	vi)	Illinois, Saline County 

  

	 	vii)	Illinois, Vermilion County 

  

	 	viii)	Montana, Powder River County 

  

	 	ix)	Ohio, Belmont County 

  
 -6-

	 	x)	Ohio, Harrison County 

  

	 	xi)	Pennsylvania, Allegheny County 

  

	 	xii)	Pennsylvania, Fayette County 

  

	 	xiii)	Pennsylvania, Greene County 

  

	 	xiv)	Pennsylvania, Washington County 

  

	 	xv)	Utah, Emery County 

  

	 	xvi)	Virginia, Buchanan County 

  

	 	xvii)	Virginia, Russell County 

  

	 	xviii)	Virginia, Tazewell County 

  

	 	xix)	West Virginia, Braxton County 

  

	 	xx)	West Virginia, Clay County 

  

	 	xxi)	West Virginia, Doddridge County 

  

	 	xxii)	West Virginia, Harrison County 

  

	 	xxiii)	West Virginia, Logan County 

  

	 	xxiv)	West Virginia, Marion County 

  

	 	xxv)	West Virginia, Marshall County 

  

	 	xxvi)	West Virginia, McDowell County 

  

	 	xxvii)	West Virginia, Mingo County 

  

	 	xxviii)	West Virginia, Monongalia County 

  

	 	xxix)	West Virginia, Nicholas County 

  

	 	xxx)	West Virginia, Ohio County 

  

	 	xxxi)	West Virginia, Wetzel County 

  
 -7-

 Schedule 7.1.14.2 

(Lien Searches) 
 None.

 SCHEDULE 8.1.14 – ASSETS EXCLUDED FROM LIENS 

The following assets shall not serve as Collateral and will not be encumbered by a Lien in favor of the Collateral Trustees or any Secured Party:

  

	I.	EQUITY INTERESTS: 

  

	 	A.	All shares, partnership, membership and other interests, rights to purchase, warrants, options, participations or other equivalents of or interest in (however
designated) the equity of the following (collectively, “Capital Stock”): 

  

	 	1.	All Excluded Subsidiaries (other than CNX Gas and Foreign Subsidiaries); 

  

	 	2.	All Subsidiaries whose Capital Stock is owned by a Foreign Subsidiary; 

  

	 	3.	Capital Stock representing (i) thirty-five percent (35%) of all Foreign Subsidiaries whose Capital Stock is held by the Borrower or other Subsidiaries of the
Borrower who are not Foreign Subsidiaries; and (ii) one hundred percent (100%) of CONSOL Energy Canada Ltd.; and 

  

	 	4.	Any Capital Stock in any entity that is not a direct or indirect Subsidiary of the Borrower or any other Loan Party. 

 

	II.	REAL ESTATE AND MINING ASSETS: 

  

	 	A.	Any rights, title, and interests in and to the following coal mines (and including any released coal reserves): 

 

	 	1.	That certain coal mine located in Emmett, West Virginia, more commonly known as the Elk Creek Mine; 

 

	 	2.	Any coal mines not located within the United States of America; and 

  

	 	3.	That certain coal mine located in Breathitt, Floyd, Knott and Magoffin Counties, Kentucky, and commonly known as the Jones Fork Mine. 

 

	 	4.	That certain coal mine located in Sheridan County, Wyoming, and commonly known as the Youngs Creek Reserve. 

 

	 	B.	Any rights, title, and interests in and to the following coal reserves: 

  

	 	1.	Those certain coal reserves located in Clinton County, IN and Union County, KY, more commonly known as the Clinton Reserve, the Hamilton I Reserve, Hamilton 2 Reserve,
and Towhead Island Reserve; 

  

	 	2.	Any real property interests and coal reserves not located within the United States of America; and 

  
 - 37 -

	 	3.	Any coal reserves that individually, as of the Closing Date, have less than 45 million tons of recoverable coal, unless such coal reserves are subject to a prior
Lien securing obligations outstanding under the 2007 Credit Agreement. 

  

	 	C.	[Reserved] 

  

	 	D.	Any rights, title, and interests in and to any real property interests and improvements (whether owned or leased) acquired by a Loan Party after the closing date of the
2007 Credit Agreement having a market value individually, in the reasonable judgment of Borrower, of less than the Threshold Amount. 

  

	 	E.	Any rights, title, and interests in and to that certain ash disposal facility located on a 61-acre site in northern West Virginia, more commonly known as the Ash
Disposal Project. 

  

	 	F.	Any rights, title, and interests in and to the Baltimore Dock Facility. 

  

	 	G.	Any rights, title, and interests in and to “fixtures” on, and “As-Extracted” property from, any of the assets listed in Section (II)(A) through
(F) above. 

  

	 	H.	Except for those properties subject, as of the Closing Date, to a prior Lien securing obligations outstanding under the 2007 Credit Agreement, all surface rights of the
Loan Parties owned as of the Closing Date in real property interests and improvements, whether owned or leased, having a fair market value individually, in the reasonable judgment of the Borrower, of less than the Threshold Amount.

  

	 	I.	Any rights, title and interests (including any leasehold interest) in and to (i) the Borrower’s headquarters building and associated real estate located at
CNX Center, 1000 CONSOL Energy Drive, Canonsburg, Pennsylvania, 15317 and associated real estate located in Southpointe Two, Lots Two through Six, Canonsburg, Pennsylvania, and (ii) the building and associated real estate located at 1800
Washington Road, Pittsburgh, PA 15241. 

  

	 	J.	Any rights, title and interest in and to the Borrower’s research and development facility and associated real estate located in Library, Pennsylvania.

  

	III.	OTHER ASSETS: Any rights, title and interests in and to: 

  

	 	A.	All titled assets including, without limitation, automobiles, trucks and other road vehicles now or hereafter owned or leased by the Loan Parties.

  

	 	B.	All locomotives, rail cars and rolling stock now or hereafter owned or leased by the Loan Parties. 

  
 - 38 -

	 	C.	To the extent that perfection of a Lien on such property is not obtained by the filing of financing statements, all barges now or hereafter owned or leased by the Loan
Parties. 

  

	 	D.	Any ship, boat or other vessel that (i) is owned by the Loan Parties as of the Closing Date, which has a fair market value as of the Closing Date, in the
reasonable judgment of Borrower, of less than $5 million or (ii) is acquired after the Closing Date, for a purchase price of less than $10 million. 

  

	 	E.	The Loan Parties’ timber to be cut other than to the extent encumbered by any Mortgage. 

 

	 	F.	Any patents, trademarks, trade names or copyrights other than the Intellectual Property Collateral. 

 

	 	G.	Any stock or assets, other than capital stock of CNX Gas, acquired after the closing date of the 2007 Credit Agreement in a Permitted Acquisition under the Credit
Agreement or the 2007 Credit Agreement. 

  

	 	H.	Any asset released pursuant to Section 6 of the Collateral Trust Agreement (or the equivalent provision of any predecessor agreement thereto).

  

	IV.	RECEIVABLES: Any rights, title and interests in and to: 

  

	 	A,	Each Receivable of any Loan Party that has been transferred to (or subject to a security interest in favor of) CNX Funding, pursuant to the Permitted Receivables
Financing; 

  

	 	B.	All rights to, but not the obligations under, all Related Security; 

  

	 	C.	All monies due or to become due with respect to any of the foregoing set forth in clauses A and B above; 

 

	 	D.	All books and records related to any of the foregoing set forth in clauses A and B above; 

 

	 	E.	All collections and other Proceeds (as defined in the Uniform Commercial Code) of any of the foregoing set forth in clauses A and B above that are or were received by
any Loan Party on or after March 31, 2003, including without limitation, all funds which either are received by such Loan Party, CNX Funding or the Servicer from or on behalf of the Obligors in payment of any amounts owed (including, without
limitation, invoice price, finance charges, interest and all other charges) in respect of Receivables, or are applied to such amounts owed by the Obligors (including, without limitation, insurance payments that such Loan Party or Servicer applies in
the ordinary course of its business to amounts owed in respect of any Receivable and net proceeds of sale or other disposition of repossessed goods or other collateral or property of the Obligors or any other parties directly or indirectly liable
for payment of such Receivables). 

  
 - 39 -

 For purposes of this Section IV, the following terms shall have the following meanings:

 “Contract” means, with respect to any Receivable, any and all contracts, instruments, agreements, leases, invoices, notes or other
writings pursuant to which such Receivable arises or that evidence such Receivable or under which an Obligor becomes or is obligated to make payment in respect of such Receivable. 
 “Obligor” means, with respect to any Receivable, the Person obligated to make payments pursuant to the Contract relating to such Receivable. 

“Receivable” means any indebtedness and other obligations owed to CNX Funding (as assignee of the applicable Loan Party), or to the applicable
Loan Party, or any right of CNX Funding or the applicable Loan Party to payment from or on behalf of, an Obligor, whether constituting an account, chattel paper, instrument or general intangible, arising in connection with the sale of goods or the
rendering of services by the applicable Loan Party, and includes the obligation to pay any finance charges, fees and other charges with respect thereto. 
 “Related Security” means, with respect to any Receivable: 
  

	 	a.	all of CNX Funding’s and the Loan Parties’ interests in any goods (including returned goods), and documentation of title evidencing the shipment or storage of
any goods (including returned goods), relating to any sale giving rise to such Receivable, 

  

	 	b.	all instruments and chattel paper that may evidence such Receivable, 

  

	 	c.	all other security interests or liens and property subject thereto from time to time purporting to secure payment of such Receivable, whether pursuant to the Contract
related to such Receivable or otherwise, together with all UCC financing statements or similar filings relating thereto, and 

  

	 	d.	all of CNX Funding’s and the Loan Parties’ rights, interests and claims under the Contracts and all guaranties, indemnities, insurance and other agreements
(including the related Contract) or arrangements of whatever character from time to time supporting or securing payment of such Receivable or otherwise relating to such Receivable, whether pursuant to the Contract related to such Receivable or
otherwise. 

 “Servicer” means the Borrower, as servicer under the Receivables Purchase Agreement, together with its
successors and permitted assigns in such capacity. 
 V. MANUFACTURED (MOBILE) HOMES: Any right, title and interests in and to any Manufactured
(Mobile) Home (as defined in the applicable flood laws). 

  
 - 40 -

 Schedule 8.1.16 
 Consol Post-Closing Matters 
  

	A.	Control Agreements. The Loan Parties shall use commercially reasonable efforts to have delivered to the Administrative Agent within 30 days after the Closing
Date, notices of assignment duly acknowledged by the applicable Pledged Account Bank (as defined in the Security Agreement) with respect to items 7, 8, 9, 10, 11 and 12 set forth on Schedule 7.1.14. 

 

	B.	UCC Assignments. The Loan Parties shall deliver to the Administrative Agent, within 30 days after the Closing Date, filed as stamped copies of the UCC-3
Financing Statement Assignments naming PNC Bank, National Association, as Collateral Trustee, as secured party in the place of David Vanaskey, on the UCC-1 Financing Statements relating to As-Extracted Collateral for the following jurisdictions:

  

	 	1.	Jefferson County, IL (Consolidation Coal Company) 

	 	2.	Belmont County, OH (Consolidation Coal Company) 

	 	3.	Harrison County, OH (Consolidation Coal Company) 

	 	4.	Greene County, PA (Conrhein Coal Company) 

	 	5.	Greene County, PA (Consol Pennsylvania Coal Company LLC) 

	 	6.	Washington County, PA (Eighty-Four Mining Company) 

	 	7.	Emery County, UT (Consolidation Coal Company) 

	 	8.	Buchanan County, VA (VP3 Mine) (Island Creek Coal Company) 

	 	9.	Buchanan County, VA (VP8 Mine) (Island Creek Coal Company) 

	 	10.	Buchanan County, VA (Consolidation Coal Company) 

	 	11.	Tazewell County, VA (Consolidation Coal Company) 

	 	12.	McDowell County, WV (Consolidation Coal Company) 

	 	13.	Monongalia County, WV (Consolidation Coal Company) 

	 	14.	Marion County, WV (Consolidation Coal Company) 

	 	15.	Harrison County, WV (Consolidation Coal Company) 

	 	16.	Marshall County, WV (McElroy Mine) (Consolidation Coal Company) 

	 	17.	Marshall County, WV (Shoemaker Mine) (Consolidation Coal Company) 

	 	18.	Marshall County, WV (McElroy Coal Company) 

  

	C.	UCC Amendments. The Loan Parties shall deliver to the Administrative Agent, within 30 days after the Closing Date, filed as stamped copies of the UCC-3 Financing
Statement Amendments amending Schedule 2 titled “Excluded Collateral” to Exhibit A to each of the UCC-1 Financing Statements naming PNC Bank, National Association, as Collateral Trustee, as secured party relating, to As-Extracted
Collateral for the following jurisdictions: 

  

	 	1.	Jefferson County, IL (Consolidation Coal Company) 

	 	2.	Belmont County, OH (Consolidation Coal Company) 

	 	3.	Harrison County, OH (Consolidation Coal Company) 

	 	4.	Greene County, PA (Conrhein Coal Company) 

	 	5.	Greene County, PA (Consol Pennsylvania Coal Company LLC) 

	 	6.	Washington County, PA (Eighty-Four Mining Company) 

	 	7.	Emery County, UT (Consolidation Coal Company) 

	 	8.	Buchanan County, VA (VP3 Mine) (Island Creek Coal Company) 

	 	9.	Buchanan County, VA (VP8 Mine) (Island Creek Coal Company) 

	 	10.	Buchanan County, VA (Consolidation Coal Company) 

	 	11.	Tazewell County, VA (Consolidation Coal Company) 

	 	12.	McDowell County, WV (Consolidation Coal Company) 

	 	13.	Monongalia County, WV (Consolidation Coal Company) 

	 	14.	Marion County, WV (Consolidation Coal Company) 

	 	15.	Harrison County, WV (Consolidation Coal Company) 

	 	16.	Marshall County, WV (McElroy Mine) (Consolidation Coal Company) 

	 	17.	Marshall County, WV (Shoemaker Mine) (Consolidation Coal Company) 

	 	18.	Marshall County, WV (McElroy Coal Company) 

  

	D.	UCC Assignments. The Loan Parties shall deliver to the Administrative Agent, within 30 days after the Closing Date, filed as stamped copies of the UCC-3
Financing Statement Assignments naming PNC Bank, National Association, as Collateral Trustee, as secured party in the place of Wilmington Trust Company, on UCC-1 Financing Statements naming the entity identified below, as debtor, filed with the
Secretary of State in the jurisdiction of organization for such debtor: 

  

	 	1.	Central Ohio Coal Company 

	 	2.	CNX Land Resources Inc. 

	 	3.	CNX Marine Terminals Inc. 

	 	4.	Conrhein Coal Company 

	 	5.	CONSOL Energy Holdings LLC VI 

	 	6.	CONSOL Energy Holdings LLC XVI 

	 	7.	CONSOL Energy Inc. 

	 	8.	CONSOL Energy Sales Company 

	 	9.	CONSOL Financial Inc. 

	 	10.	CONSOL Gas Appalachian Development Properties LLC 

	 	11.	CONSOL Gas Coalbed Methane Inc. 

	 	12.	CONSOL Gas Company 

	 	13.	CONSOL Gas Reserves Inc. 

	 	14.	CONSOL of Canada Inc. 

	 	15.	CONSOL of Central Pennsylvania LLC 

	 	16.	CONSOL of Kentucky Inc. 

	 	17.	CONSOL of Ohio LLC 

	 	18.	CONSOL of WV LLC 

	 	19.	CONSOL of Wyoming LLC 

	 	20.	Consol Pennsylvania Coal Company LLC 

	 	21.	Consolidated Coal Comapny 

	 	22.	Eighty-Four Mining Company 

	 	23.	Helvetia Coal Company 

	 	24.	Island Creek Coal Company 

	 	25.	Keystone Coal Mining Corporation 

	 	26.	Laurel Run Mining Company 

	 	27.	Leatherwood, Inc. 

  
 -2-

	 	28.	McELROY COAL COMPANY 

	 	29.	Mon River Towing, Inc. 

	 	30.	MTB Inc. 

	 	31.	Reserve Coal Properties Company 

	 	32.	Rochester & Pittsburgh Coal Company 

	 	33.	Southern Ohio Coal Company 

	 	34.	Terra Firma Company 

	 	35.	Twin Rivers Towing Company 

	 	36.	Windsor Coal Company 

	 	37.	Wolfpen Knob Development Company 

	 	38.	CNX Gas Corporation 

	 	39.	MOB Corporation 

	 	40.	Coalfield Pipeline Company 

	 	41.	Knox Energy, LLC 

	 	42.	Cardinal States Gathering Company 

	 	43.	CNX Gas Company LLC 

	 	44.	Dominion Appalachian Development, LLC 

	 	45.	Dominion Appalachian Development Properties, L.L.C. 

	 	46.	Dominion Coalbed Methane, Inc. 

	 	47.	Dominion Exploration & Production, Inc. 

	 	48.	Dominion Reserves, Inc. 

	 	49.	Dominion Transmission, Inc. 

  

	E.	UCC Amendments (Secretary of State). The Loan Parties shall deliver to the Administrative Agent, within 30 days after the Closing Date, filed as stamped copies
of the UCC-3 Financing Statement Amendments amending the description of Collateral to each UCC Filing naming PNC Bank, National Association, as Collateral Trustee, as secured and naming the entity identified below, as debtor, filed with the
Secretary of State in the jurisdiction of organization for such debtor: 

  

	 	1.	Central Ohio Coal Company 

	 	2.	CNX Land Resources Inc. 

	 	3.	CNX Marine Terminals Inc. 

	 	4.	Conrhein Coal Company 

	 	5.	CONSOL Energy Holdings LLC VI 

	 	6.	CONSOL Energy Holdings LLC XVI 

	 	7.	CONSOL Energy Inc. 

	 	8.	CONSOL Energy Sales Company 

	 	9.	CONSOL Financial Inc. 

	 	10.	CONSOL Gas Appalachian Development Properties LLC 

	 	11.	CONSOL Gas Coalbed Methane Inc. 

	 	12.	CONSOL Gas Company 

	 	13.	CONSOL Gas Reserves Inc. 

	 	14.	CONSOL of Canada Inc. 

	 	15.	CONSOL of Central Pennsylvania LLC 

	 	16.	CONSOL of Kentucky Inc. 

	 	17.	CONSOL of Ohio LLC 

  
 -3-

	 	18.	CONSOL of WV LLC 

	 	19.	CONSOL of Wyoming LLC 

	 	20.	Consol Pennsylvania Coal Company LLC 

	 	21.	Consolidated Coal Comapny 

	 	22.	Eighty-Four Mining Company 

	 	23.	Helvetia Coal Company 

	 	24.	Island Creek Coal Company 

	 	25.	Keystone Coal Mining Corporation 

	 	26.	Laurel Run Mining Company 

	 	27.	Leatherwood, Inc. 

	 	28.	McELROY COAL COMPANY 

	 	29.	Mon River Towing, Inc. 

	 	30.	MTB Inc. 

	 	31.	Reserve Coal Properties Company 

	 	32.	Rochester & Pittsburgh Coal Company 

	 	33.	Southern Ohio Coal Company 

	 	34.	Terra Firma Company 

	 	35.	Twin Rivers Towing Company 

	 	36.	Windsor Coal Company 

	 	37.	Wolfpen Knob Development Company 

	 	38.	CNX Gas Corporation 

	 	39.	MOB Corporation 

	 	40.	Coalfield Pipeline Company 

	 	41.	Knox Energy, LLC 

	 	42.	Cardinal States Gathering Company 

	 	43.	CNX Gas Company LLC 

	 	44.	Dominion Appalachian Development, LLC 

	 	45.	Dominion Appalachian Development Properties, L.L.C. 

	 	46.	Dominion Coalbed Methane, Inc. 

	 	47.	Dominion Exploration & Production, Inc. 

	 	48.	Dominion Reserves, Inc. 

	 	49.	Dominion Transmission, Inc. 

  
 -4-

 SCHEDULE 8.2.1 – PERMITTED INDEBTEDNESS 

 

							
	 	  	 DETAIL
	  	AMOUNT	 
	 (1)
	  	Maryland Economic Development Corporation Port Facilities Refunding Revenue Bonds (CNX Marine Terminals Inc. Port of Baltimore Facility) Series 2010, which were a refinancing of
the Industrial Revenue Bonds issued by the City of Baltimore. Maturity date is September 1, 2025. These bonds are at a fixed annual rate of 5.75%. The Borrower has the option to redeem the bonds at par on or after September 1, 2020. The bonds will
be subject to mandatory redemption at par after a determination of taxability.	  	$	102,865,000	  

  
 - 41 -

 SCHEDULE 8.2.3 - PERMITTED GUARANTIES 

 

							
	 GUARANTY
	  	 TERM
	  	MAXIMUM
PAYMENTS*	 
	 CNX Funding Corporation
	  	Thru 4/2012	  	 	200,000,000	  
	 Fairmont Supply Surety Bonds
	  	Various	  	 	351,000	  
	 Fairmont Supply Letter of Credit
	  	Various	  	 	100,000	  
	 Fairmont Supply – VAR Resources
	  	Thru 1/2012	  	 	132,000	  
	 Fairmont Supply – Bank of West
	  	Thru 1/2016	  	 	27,000	  
	 Cargo Dockers Surety Bonds
	  	Various	  	 	20,000	  
	 Harrison Resources Surety Bonds
	  	Various	  	 	1,413,000	  
		  		  	 	 	 
	 Total Guaranties excluding CNX Gas
	  		  	$	202,043,000	  
		  		  	 	 	 

  

	*	MAXIMUM PAYMENTS AT MARCH 31, 2011 

  
 - 42 -

 SCHEDULE 8.2.3 – PERMITTED GUARANTIES 

 

							
	 GUARANTY
	  	 TERM
	  	MAXIMUM
PAYMENTS*	 
	 East Tennessee Natural Gas LLC
	  	Thru 10/2021	  	 	53,138,000	  
	 Dominion Transmission Inc.
	  	Thru 8/2022	  	 	27,522,000	  
	 Baltimore Gas and Electric Company
	  	Open Ended w/Notice	  	 	3,000,000	  
	 East Tennessee Natural Gas LLC
	  	Open Ended w/Notice	  	 	100,000	  
	 Miscellaneous Surety Bonds
	  	Various	  	 	1,427,000	  
		  		  	 	 	 
	 Total Guaranties for CNX Gas
	  		  	$	85,187,000	  
		  		  	 	 	 

  

	*	MAXIMUM PAYMENTS AT MARCH 31, 2011 

  
 - 43 -

 EXHIBIT 1.1(A) 
 FORM OF 
 ASSIGNMENT AND ASSUMPTION AGREEMENT 

THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Assignment and Assumption”) is dated as of the Effective Date set forth
below and is entered into by and between                      (the “Assignor”) and
                     (the “Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in
the Credit Agreement identified below (as amended, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby
agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 
 For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, subject to and in accordance
with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (i) all of the Assignor’s rights and obligations in its capacity as a Lender under the
Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the respective
facilities identified below (including without limitation any Revolving Credit Commitments, letters of credit, guarantees, and swingline loans included in such facilities) and (ii) to the extent permitted to be assigned under applicable law,
all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments
delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at
law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the
“Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor. 

1. Assignor:
                                         
        
 2. Assignee:
                                         
        

                   
  [and is an Affiliate/Approved Fund of [identify Lender]a] 
 3. Borrower: CONSOL Energy Inc. 

4. Administrative Agent: PNC Bank, National Association, as the Administrative Agent under the Credit Agreement. 

 
  

	a 	 Select as applicable. 

 5. Credit Agreement: Amended and Restated Credit Agreement, dated April 12, 2011
(as amended, supplemented, restated or otherwise modified from time to time, the “Credit Agreement”), by and among Consol Energy Inc., a Delaware corporation (“Borrower”), each of the Guarantors now or hereafter party thereto
(“Guarantors”), the Lenders now or hereafter party thereto, PNC Bank, National Association, in its capacity as administrative agent for the Lenders (the “Administrative Agent”) and Bank of America, N.A., as the Syndication Agent.

 6. Assigned Interest: 
  

													
	 Facility Assigned
	  	Aggregate
Amount of
Commitments /
Loans for all
Lenders*	 	  	Amount of
Commitment /
Loans
Assigned*	 	  	Percentage
Assigned of
Commitment /
Loans†	 
	 Revolving Credit Commitment
	  	$	 	  	  	$	 	  	  	 	%	  

7. [Trade Date:
                    ]‡ 
 Effective Date:                     , 20     [TO BE INSERTED BY
ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 
 [SIGNATURE
PAGE FOLLOWS] 
  

	*	Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date.

	† 	 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

	‡ 	 To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date.

  
 -2-

 [SIGNATURE PAGE - ASSIGNMENT AND ASSUMPTION AGREEMENT] 

The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	 ASSIGNOR

[NAME OF ASSIGNOR]

		
	By:	 	 
	Name:	 	 
	Title:	 	 
	
	 ASSIGNEE

[NAME OF ASSIGNEE]

		
	By:	 	 
	Name:	 	 
	Title:	 	 

  

			
	 Consented to and Accepted:
 PNC BANK, NATIONAL ASSOCIATION,
 as Administrative Agent

		
	By:	 	 
	Name:	 	 
	Title:	 	 

 [Consented to: 

[Insert Signature Blocks for each Issuing Lender that has issued outstanding Letters of Credit] 

			
	By:	 	 
	Name:	 	 
	Title:	 	]

 [Consented
to:]a 

CONSOL ENERGY INC. 
  

			
	By:	 	 
	Name:	 	 
	Title:	 	 

  

 

	a 	 To be added only if the consent of the Borrower is required by the terms of the Credit Agreement. 

 ANNEX 1 
 STANDARD TERMS AND CONDITIONS 
 FOR ASSIGNMENT AND ASSUMPTION

 1. Representations and Warranties. 

1.1 Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of
the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and
Assumption and to consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit Agreement or any other Loan
Document (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder, (iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or
any other Person obligated in respect of any Loan Document or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Loan Document.

 1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full power and
authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it meets all requirements to be
an assignee under the Credit Agreement (subject to receipt of such consents as may be required under the Credit Agreement), (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender
thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to
Section 8.3 thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the
basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender, and (v) if it is a Lender that is not incorporated under the Laws of the United States or a state thereof,
attached to the Assignment and Assumption is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will, independently and
without reliance on the Administrative Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the
Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 

2. Payments. From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned
Interest (including payments of principal, return of deposits, interest, fees and other amounts) to the Assignor for amounts which have accrued to 

 
but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date. 
 3. General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and assigns. This Assignment and
Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this Assignment and Assumption by telecopy or by electronic signature delivery
system (in either case in a form acceptable to the Administrative Agent) shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in
accordance with, the law of the State of New York. 

  
 -2-

 EXHIBIT 1.1(B) 

NEW LENDER JOINDER 
 Reference is made to the Amended and Restated Credit Agreement, dated as of April 12, 2011 (as amended, supplemented, restated or modified from time to time, the “Credit Agreement”), by and
among Consol Energy Inc., a Delaware corporation (“Borrower”), each of the Guarantors (“Guarantors”), the Lenders now or hereafter party thereto, PNC Bank, National Association in its capacity as administrative agent for the
Lenders (the “Administrative Agent”) and Bank of America, N.A., as Syndication Agent. This agreement (“Joinder”) is the “New Lender Joinder” referred to in the Credit Agreement. 

Agreement 

Unless otherwise defined herein, terms defined in the Credit Agreement (defined above) are used herein with the same meanings.

 The Person named on the signature pages hereof as the “New Lender” (the “New Lender”), intending to be
legally bound hereby, joins and becomes a “Lender” and a “New Lender” under the Credit Agreement and each of the other Loan Documents as of the date set forth on the signature page hereof (the “Effective Date”) and,
pursuant to Section 2.11 of the Credit Agreement, the New Lender hereby agrees as follows: 
 1. As of the Effective Date
and to the extent of the Revolving Credit Commitment of the New Lender set forth on the signature page hereto: (i) the New Lender hereby agrees that it is and shall be deemed to be, and it hereby assumes the obligations of, a “Lender”
and a “New Lender” under the Credit Agreement and each of the other Loan Documents; and the New Lender shall be entitled to the benefits, rights, privileges and remedies of a “Lender” and a “New Lender” under the Credit
Agreement and each of the other Loan Documents. 
 2. The New Lender acknowledges and agrees that the Administrative Agent, each
other agent under the Credit Agreement and each Lender makes no representation or warranty and assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit Agreement or any
of the other Loan Documents or the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Agreement or any of the other Loan Documents or any other instrument or document furnished pursuant thereto or
(ii) the financial condition of Borrower or the performance or observance by Borrower of any of its obligations under the Credit Agreement or any of the other Loan Documents or any other instrument or document furnished pursuant thereto.

 3. The New Lender (i) confirms that it has received a copy of the Credit Agreement (including any modifications thereof
or supplements or waivers thereto), together with copies of the financial statements (if any) referred to in Sections 8.3.1 and 8.3.2 of the Credit Agreement, and such other documents and information as it has deemed appropriate to make its own
credit analysis and decision to enter into this Joinder; (ii) agrees that it will, independently and without reliance upon the Administrative Agent, any other agent or any Lender and based on such documents and information as it shall deem
appropriate at the time, continue to make its own 

 
credit decisions in taking or not taking action under the Credit Agreement; (iii) appoints and authorizes the Administrative Agent and the Syndication Agent, as applicable, to take such
actions on its behalf and to exercise such powers under the Loan Documents as are delegated to the Administrative Agent or the Syndication Agent, as applicable, by the terms thereof; (iv) agrees that it will become a party to and be bound by
the Credit Agreement on the Effective Date as if it were an original Lender thereunder and will have the rights and obligations of a Lender thereunder and will perform in accordance with their terms all of the obligations which by the terms of the
Credit Agreement are required to be performed by it as a Lender; and (v) specifies as its address for notices the office set forth beneath its name on the signature pages hereof. 

4. Following the execution of this Joinder, it will be delivered to the Borrower and the Administrative Agent for acceptance and for
recording by the Administrative Agent. 
 5. Upon such acceptance and recording, as of the Effective Date, (i) the New
Lender shall be a party to the Credit Agreement and, to the extent provided in this Joinder, have the rights and obligations of a Lender thereunder and under the Loan Documents, and (ii) the Revolving Credit Commitment of the Lenders, including
the New Lender, shall be as set forth in Schedule 1.1(B) hereto. 
 6. Upon such acceptance and recording from and after
the Effective Date, the Administrative Agent shall make all payments under the Credit Agreement and the Revolving Credit Notes in respect and to the extent of the interest of the New Lender assumed hereby (including, without limitation, all payments
of principal, interest, and other fees, costs and expenses with respect thereto) to the New Lender. 
 7. This Joinder shall be
governed by and construed in accordance with the laws of the State of New York. 
 8. This Joinder may be signed in any number
of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument; and delivery of executed signature pages hereof by telecopy transmission from one party to another shall constitute
effective and binding execution and delivery of this Joinder by such party. 
 [SIGNATURE PAGES FOLLOW] 

  
 -2-

 [SIGNATURE PAGE - NEW LENDER JOINDER] 

IN WITNESS WHEREOF, and intending to be legally bound hereby, the parties hereto have duly executed this Joinder and delivered the same
to the Administrative Agent and the Borrower as of the Effective Date. 
  

			
	NEW LENDER
	
	 
	EFFECTIVE DATE:	 	 
	COMMITMENT: $	 	 

  

			
	By:	 	 
	Name:	 	 
	Title:	 	 

  

			
	Notice Address:
	
	    
	    
	    

 

			
	Telephone No.:	 	 
	Telecopier No.:	 	 
	Email:	 	 
	Attention:	 	 

  

			
	 CONSENTED TO:
  

PNC BANK, NATIONAL ASSOCIATION,
 as
Administrative Agent

		
	By:	 	 
	Name:	 	 
	Title:	 	 

 
					
	 AGREED AND ACKNOWLEDGED:
  

CONSOL ENERGY INC.

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

 EXHIBIT 1.1(G)(1) 

FORM OF 

GUARANTOR JOINDER AND ASSUMPTION AGREEMENT 
 THIS GUARANTOR JOINDER AND ASSUMPTION AGREEMENT is made as of                     ,
20    , by                     , a
                     [corporation/partnership/limited liability company] (the “New Guarantor”). 

Background 
 Reference is made to (i) the Amended and Restated Credit Agreement, dated as of April 12, 2011 (as the same may be amended, supplemented, restated or modified from time to time, the
“Credit Agreement”), by and among CONSOL Energy Inc., a Delaware corporation (“Borrower”), each of the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto (the
“Lenders”), PNC Bank, National Association, in its capacity as administrative agent for the Lenders (the “Administrative Agent”) and Bank of America, N.A., as Syndication Agent; (ii) the Amended and Restated
Continuing Agreement of Guaranty and Suretyship, dated as of April 12, 2011, as the same may be amended, restated, supplemented or modified from time to time (the “Guaranty”), of Guarantors given to the Administrative Agent for
the benefit of the Lenders; (iii) the Security Agreement, dated as of May 7, 2010, as the same may be amended, restated, supplemented or modified from time to time (the “Security Agreement”), among the Loan Parties, as
debtors, and the Collateral Trustee (as defined therein) for the benefit of the Secured Parties (as defined therein); (iv) the Amended and Restated Pledge Agreement, dated as of May 7, 2010, as the same may be amended, restated,
supplemented or modified from time to time (the “Pledge Agreement”), among the Loan Parties, as pledgors, and the Collateral Trustee (as defined therein) for the benefit of the Secured Parties (as defined therein); (v) the
Amended and Restated Intercompany Subordination Agreement, dated as of May 7, 2010, as the same may be amended, restated, supplemented or modified from time to time (the “Intercompany Subordination Agreement”), among the Loan
Parties and the Administrative Agent for the benefit of the Lenders; (vi) the CNX Gas Intercompany Subordination Agreement, dated as of April 12, 2011, as the same may be amended, restated, supplemented or modified from time to time (the
“CNX Gas Intercompany Subordination Agreement”), among the Loan Parties, and the CNX Gas Loan Parties and the Administrative Agent for the benefit of the Lenders; (vii) the Amended and Restated Collateral Trust Agreement, dated
as of May 7, 2010, as the same may be amended, restated, supplemented or modified from time to time (the “Collateral Trust Agreement”), among the Borrower, the Designated Subsidiaries (as defined therein) and the Collateral
Trustees (as defined therein), as trustees for such Secured Parties (as defined therein) (viii) the Successor Agent Agreement dated as of April 12, 2011 (“the Successor Agent Agreement”) among the Borrower, the Guarantors,
PNC Bank (“PNC”), National Association, as successor Corporate Trustee and Collateral Trustee (as defined therein), and Wilmington Trust Company (“WTC”), in it its capacities as existing Corporate Trustee and Collateral Trustee;
(ix) the Patent, Trademark and Copyright Security Agreement, dated as of June 27, 2007, as the same may be amended, restated, supplemented or modified from time to time (the “Patent, Trademark and Copyright Security
Agreement”), among the Loan Parties, as pledgors, and the Collateral Trustee (as defined therein) as assigned pursuant to the [Assignment of the Patent, Trademark and Copyright 

 
Security Agreement], dated as of April 12, 2011 (the “Assignment of Patent, Trademark and Copyright Security Agreement”), among the Loan Parties, PNC and WTC), as Collateral
Trustee; (x) the Amended and Restated Regulated Substance Certificate and Indemnity Agreement, dated as of April 12, 2011, as the same may be amended, restated, supplemented or modified from time to time (the “Indemnity
Agreement”), among the Loan Parties and the Collateral Trustees (as defined therein) for the benefit of the Secured Parties (as defined therein); and (xi) the other Loan Documents referred to in the Credit Agreement, as the same may be
amended, restated, supplemented or modified from time to time (all documents listed in this paragraph shall collectively be referred to herein as the “Loan Documents”). 

Agreement 
 Capitalized terms defined in the Credit Agreement are used herein as defined therein. 
 New Guarantor hereby becomes a Guarantor under the terms of the Credit Agreement and in consideration of the value of the synergistic and other benefits received by New Guarantor as a result of being or
becoming affiliated with the Borrower and the Guarantors, New Guarantor hereby agrees that effective as of the date hereof it hereby is, and shall be deemed to be, and assumes the obligations of, a “Loan Party” and a “Guarantor”,
jointly and severally with the existing Loan Parties and Guarantors under the Credit Agreement, a “Guarantor”, jointly and severally with the existing Guarantors under the Guaranty, a “Company” jointly and severally with the
existing “Companies” under the Intercompany Subordination Agreement, a “Company” and a “Loan Party” jointly and severally with the existing “Companies” and the existing “Loan Parties” under the CNX
Gas Intercompany Subordination Agreement, a “Loan Party” jointly and severally under the Indemnity Agreement, *[a “Debtor” jointly and severally under the Security Agreement, a “Pledgor” jointly and severally under the
Pledge Agreement, a “Loan Party” jointly and severally under the Collateral Trust Agreement], and a “Guarantor” jointly and severally under the Successor Agent Agreement and a Loan Party or Guarantor, as the case may be, under
each of the other Loan Documents to which the Loan Parties or Guarantors are required to become a party pursuant to the terms of Section 8.2.9 of the Credit Agreement; and, New Guarantor hereby agrees that from the date hereof and until Payment
In Full, New Guarantor shall perform, comply with, and be subject to and bound by each of the terms and provisions of the Credit Agreement, Guaranty, Intercompany Subordination Agreement, the CNX Gas Intercompany Subordination Agreement, Indemnity
Agreement, *[Security Agreement, Pledge Agreement, Collateral Trust Agreement], Successor Agent Agreement and each of the other Loan Documents to which Loan Parties are required to become parties pursuant to the terms of Section 8.2.9 of the
Credit Agreement jointly and severally with the existing parties thereto. Without limiting the generality of the foregoing, New Guarantor hereby represents and warrants that (i) each of the representations and warranties set forth in
Section 6 of the Credit Agreement applicable to such Loan Party is true and correct as to New Guarantor on and as of the date hereof and (ii) New Guarantor has heretofore received a true and correct copy of the Credit Agreement, Guaranty,
Intercompany Subordination Agreement, CNX Gas Intercompany Subordination Agreement, Indemnity Agreement, *[Security Agreement, Pledge Agreement, Collateral Trust Agreement], the Successor Agent Agreement and each of the other 

 
  

	*	Delete bracketed language for Guarantors joining as a result of a Permitted Acquisition. 

  
 -2-

 Loan Documents (including any modifications thereof or supplements or waivers thereto) in effect on the date
hereof to which New Guarantor is required to become a party. 
 New Guarantor hereby makes, affirms, and ratifies in favor of
the Lenders and the Administrative Agent the Credit Agreement, Guaranty, Intercompany Subordination Agreement, CNX Gas Intercompany Subordination Agreement, Indemnity Agreement, Security Agreement, Pledge Agreement, Collateral Trust Agreement,
Successor Agent Agreement, and each of the other Loan Documents to which New Guarantor is becoming a party pursuant to the terms of the preceding paragraph. 

New Guarantor is simultaneously delivering to the a[Administrative Agent] b[Collateral Trustee (with copies sent to the Administrative Agent),] all appropriate documents, instruments, other
agreements, financing statements, appropriate stock powers and certificates required under Section 8.2.9 of the Credit Agreement. 
 * [In furtherance of the foregoing, upon the request of the Administrative Agent, New Guarantor shall execute and deliver or cause to be executed and delivered at any time and from time to time such
further instruments and documents and do or cause to be done such further acts as may be reasonably necessary in the reasonable opinion of Administrative Agent to carry out more effectively the provisions and purposes of this Guarantor Joinder and
Assumption Agreement and the other Loan Documents.] 
 New Guarantor acknowledges and agrees that a telecopy transmission or
electronic copy (with confirmation of receipt) to the Administrative Agent or any Lender of signature pages hereof purporting to be signed on behalf of New Guarantor shall constitute effective and binding execution and delivery hereof by New
Guarantor. 
  
  

	a 	 Delete bracketed language for Guarantors joining as a result of a Permitted Acquisition. 

	b 	 Add bracketed language for Guarantors joining as a result of a Permitted Acquisition. 

  
 -3-

 [SIGNATURE PAGE OF GUARANTOR 

JOINDER AND ASSUMPTION AGREEMENT] 
 IN WITNESS WHEREOF, and intending to be legally bound hereby, the New Guarantor has duly executed this Guarantor Joinder and Assumption Agreement and delivered the same to the Administrative Agent for the
benefit of the Lenders, as of the date and year first above written with the intention that this Guarantor Joinder and Assumption Agreement constitute a sealed instrument. 

 

					
	NEW GUARANTOR	 	
	    	 	
			
	By:	 	 	 	(SEAL)
	Name:	 		 	
	Title:	 		 	

  

			
	 Acknowledged:
  

CONSOL ENERGY INC., as Borrower

		
	By:	 	 
		 	Name:
		 	Title:

  

			
	 Acknowledged and accepted:
  

PNC BANK, NATIONAL ASSOCIATION,
 as
Administrative Agent

		
	By:	 	 
		 	Name:
		 	Title:

 EXHIBIT 1.1(G)(2) 

FORM OF 

CNX GAS CONTINUING 
 AGREEMENT OF GUARANTY AND SURETYSHIP 
 This Amended and Restated CNX Gas
Continuing Agreement of Guaranty and Suretyship (this “Guaranty”), dated as of April 12, 2011, is jointly and severally given by each of the EACH OF THE UNDERSIGNED and EACH OF THE PERSONS which becomes a
Guarantor hereunder from time to time (each a “Guarantor” and collectively the “Guarantors”) in favor of PNC BANK, NATIONAL ASSOCIATION, in its capacity as the administrative agent for the Lenders, as defined
below (the “Administrative Agent”), in connection with that certain Amended and Restated Credit Agreement, dated as of the date hereof, by and among, CONSOL Energy Inc., a Delaware corporation (the “Borrower”), the
Guarantors now or hereafter party thereto, the Administrative Agent, Bank of America, N.A. as Syndication Agent, and the Lenders now or hereafter party thereto (as amended, restated, modified, or supplemented from time to time hereafter, the
“Credit Agreement”). Capitalized terms not otherwise defined herein shall have the respective meanings ascribed to them by the Credit Agreement and the rules of construction set forth in Section 1.2 [Construction] of the Credit
Agreement shall apply to this Guaranty. This is the “CNX Gas Guaranty Agreement” referred to in the Credit Agreement. 

1. Guarantied Obligations. To induce the Administrative Agent and the Lenders to make loans and grant other financial
accommodations to the Borrower under the Credit Agreement, each Guarantor hereby jointly and severally unconditionally, and irrevocably, guaranties to the Administrative Agent and each Lender, and becomes surety, as though it was a primary obligor
for, the full, strict and indefeasible payment and performance when due (whether on demand, at stated maturity, by acceleration, or otherwise and including any amounts which would become due but for the operation of an automatic stay under the
federal bankruptcy code of the United States or any similar laws of any country or jurisdiction) of: (i) all Obligations, including, without limiting the generality of the foregoing, all obligations, liabilities, and indebtedness from time to
time of the Borrower or any other Guarantor to the Administrative Agent or any of the Lenders, under or in connection with the Credit Agreement, any other Loan Document or any Specified Swap Agreement or Other Lender Provided Financial Service
Product, whether for principal, interest, fees, indemnities, expenses, or otherwise, and all refinancings or refundings thereof, whether such obligations, liabilities, or indebtedness are direct or indirect, secured or unsecured, joint or several,
absolute or contingent, due or to become due, whether for payment or performance, now existing or hereafter arising (and including obligations, liabilities, and indebtedness arising or accruing after the commencement of any bankruptcy, insolvency,
reorganization, or similar proceeding with respect to any of the Loan Parties or that would have arisen or accrued but for the commencement of such proceeding (including without limitation, interest after default), even if the claim for such
obligation, liability or indebtedness is not enforceable or allowable in such proceeding, and including all Obligations, liabilities, and indebtedness arising from any extensions of credit under or in connection with the Loan Documents, or any
Specified Swap Agreement or Other Lender Provided Financial Service Product, from time to time, regardless of whether any such extensions of credit are in excess of the amount committed under or contemplated by the Loan Documents, or any Specified
Swap Agreement or Other Lender Provided Financial Service Product, or are made in circumstances in which any condition to extension 

 
of credit is not satisfied), (ii) any obligation or liability of any of the Loan Parties arising out of overdrafts on deposits or other accounts or out of electronic funds (whether by wire
transfer or through automated clearing houses or otherwise) or out of the return unpaid of, or other failure of the Administrative Agent or any Lender to receive final payment for, any check, item, instrument, payment order or other deposit or
credit to a deposit or other account, or out of the Administrative Agent’s or any Lender’s non-receipt of or inability to collect funds or otherwise not being made whole in connection with depository or other similar arrangements, and
(iii) any amendments, extensions, renewals and increases of or to any of the foregoing (all of the foregoing obligations, liabilities and indebtedness are referred to herein collectively as the “Guarantied Obligations” and each
as a “Guarantied Obligation”). Without limitation of the foregoing, any of the Guarantied Obligations shall be and remain Guarantied Obligations entitled to the benefit of this Guaranty if the Administrative Agent or any of the
Lenders (or any one or more assignees or transferees thereof) from time to time assigns or otherwise transfers all or any portion of their respective rights and obligations under the Loan Documents, or any other Guarantied Obligations, to any other
Person as provided by the Loan Documents, by the Specified Swap Agreements or by the Other Lender Provided Financial Service Products. In furtherance of the foregoing, each Guarantor jointly and severally agrees as follows: 

2. Guaranty. Each Guarantor hereby promises to pay and perform all such Guarantied Obligations when due and payable, after the
expiration of any applicable cure periods, immediately upon demand of the Administrative Agent and the Lenders or any one or more of them. All payments made hereunder shall be made by each Guarantor in immediately available funds in U.S. Dollars and
shall be made without setoff, counterclaim, withholding, or other deduction of any nature. Each Guarantor further agrees that its guaranty hereunder constitutes a guaranty of payment when due and not of collection, and waives any right to require
that any resort be had by the Administrative Agent or any other Lender to any of the security held for payment of the Obligations or to any balance of any deposit account or credit on the books of the Administrative Agent or any other Lender in
favor of any Borrower or any other person. 
 3. Obligations Absolute. The obligations of the Guarantors hereunder shall
not be discharged or impaired or otherwise diminished by any failure, default, omission, or delay, willful or otherwise, by any Lender, the Administrative Agent, or the Borrower or any other obligor on any of the Guarantied Obligations, or by any
other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of any Guarantor or would otherwise operate as a discharge of any Guarantor as a matter of law or equity, except
for, and to the extent of, payment and performance of the Guaranteed Obligations. Each of the Guarantors agrees that the Guarantied Obligations will be paid and performed strictly in accordance with the terms of the Loan Documents, the Specified
Swap Agreements and the Other Lender Provided Financial Services Products. Without limiting the generality of the foregoing, each Guarantor hereby consents to, at any time and from time to time, and the joint and several obligations of each
Guarantor hereunder shall not be diminished, terminated, or otherwise similarly affected by any of the following: 
 (a) Any
lack of genuineness, legality, validity, enforceability or allowability (in a bankruptcy, insolvency, reorganization or similar proceeding, or otherwise), or any avoidance or subordination, in whole or in part, of any Loan Document or any of the
Guarantied Obligations 

  
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and regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of the Guarantied Obligations, any of the terms of the Loan Documents, Specified Swap
Agreements or Other Lender Provided Financial Service Products, or any rights of the Administrative Agent or the Lenders or any other Person with respect thereto; 
 (b) Any increase, decrease, or change in the amount, nature, type or purpose of any of, or any release, surrender, exchange, compromise or settlement of the Guarantied Obligations (whether or not
contemplated by the Loan Documents, Specified Swap Agreements or Other Lender Provided Financial Service Products as presently constituted); any change in the time, manner, method, or place of payment or performance of, or in any other term of, any
of the Guarantied Obligations; any execution or delivery of any additional Loan Documents, Specified Swap Agreements or Other Lender Provided Financial Services Products; or any amendment, modification or supplement to, or refinancing or refunding
of, any Loan Document or any of the Guarantied Obligations; 
 (c) Any failure to assert any breach of or default under any Loan
Document or any of the Guarantied Obligations; any extensions of credit in excess of the amount committed under or contemplated by the Loan Documents, Specified Swap Agreements or Other Lender Provided Financial Service Products, or in circumstances
in which any condition to such extensions of credit has not been satisfied; any other exercise or non-exercise, or any other failure, omission, breach, default, delay, or wrongful action in connection with any exercise or non-exercise, of any right
or remedy against the Borrower or any other Person under or in connection with any Loan Document or any of the Guarantied Obligations; any refusal of payment or performance of any of the Guarantied Obligations, whether or not with any reservation of
rights against any Guarantor; or any application of collections (including but not limited to collections resulting from realization upon any direct or indirect security for the Guarantied Obligations) to other obligations, if any, not entitled to
the benefits of this Guaranty, in preference to Guarantied Obligations entitled to the benefits of this Guaranty, or if any collections are applied to Guarantied Obligations, any application to particular Guarantied Obligations; 

(d) Any taking, exchange, amendment, modification, waiver, supplement, termination, subordination, compromise, release, surrender, loss,
or impairment of, or any failure to protect, perfect, or preserve the value of, or any enforcement of, realization upon, or exercise of rights, or remedies under or in connection with, or any failure, omission, breach, default, delay, or wrongful
action by the Administrative Agent or the Lenders, or any of them, or any other Person in connection with the enforcement of, realization upon, or exercise of rights or remedies under or in connection with, or, any other action or inaction by any of
the Administrative Agent or the Lenders, or any of them, or any other Person in respect of, any direct or indirect security for any of the Guarantied Obligations. As used in this Guaranty, “direct or indirect security” for the Guarantied
Obligations, and similar phrases, includes any collateral security, guaranty, suretyship, letter of credit, capital maintenance agreement, put option, subordination agreement, or other right or arrangement of any nature providing direct or indirect
assurance of payment or performance of any of the Guarantied Obligations, made by or on behalf of any Person; 
 (e) Any merger,
consolidation, liquidation, dissolution, winding-up, charter revocation, or forfeiture, or other change in, restructuring or termination of the corporate structure or 

  
 -3-

 
existence of, the Borrower or any other Person; any bankruptcy, insolvency, reorganization or similar proceeding with respect to the Borrower or any other Person; or any action taken or election
made by the Administrative Agent or the Lenders, or any of them (including but not limited to any election under Section 1111(b)(2) of the United States Bankruptcy Code), the Borrower, or any other Person in connection with any such proceeding;

 (f) Any defense, setoff, or counterclaim which may at any time be available to or be asserted by the Borrower or any other
Person with respect to any Loan Document or any of the Guarantied Obligations, other than, and to the extent of, payment and performance of the Guaranteed Obligations; or any discharge by operation of law or release of the Borrower or any other
Person from the performance or observance of any Loan Document or any of the Guarantied Obligations; and 
 (g) Any other event
or circumstance, whether similar or dissimilar to the foregoing, and whether known or unknown, which might otherwise constitute a defense available to, or limit the liability of, any Guarantor, a guarantor or a surety, excepting only full, strict,
and indefeasible payment and performance of the Guarantied Obligations in full. 
 Each Guarantor acknowledges, consents, and
agrees that new Guarantors may join in this Guaranty pursuant to Section 17 hereof, and each Guarantor affirms that its obligations shall continue hereunder undiminished. 
 4. Waivers, etc. Each of the Guarantors hereby waives any defense to (other than, and to the extent of, the defense of prior payment and performance of the Guarantied Obligations) or limitation on
its obligations under this Guaranty arising out of or based on any event or circumstance referred to in Section 3 hereof. Without limitation and to the fullest extent permitted by applicable law, each Guarantor waives each of the following:

 (a) Except as may be expressly contemplated by the Credit Agreement or the other Loan Documents, Specified Swap Agreements or
Other Lender Provided Financial Service Products, all notices, disclosures and demand of any nature which otherwise might be required from time to time to preserve intact any rights against any Guarantor, including the following: any notice of any
event or circumstance described in Section 3 hereof; any notice required by any law, regulation or order now or hereafter in effect in any jurisdiction; any notice of nonpayment, nonperformance, dishonor, or protest under any Loan Document or
any of the Guarantied Obligations; any notice of the incurrence of any Guarantied Obligation; any notice of any default or any failure on the part of the Borrower or any other Person to comply with any Loan Document or any of the Guarantied
Obligations or any direct or indirect security for any of the Guarantied Obligations; and any notice of any information pertaining to the business, operations, condition (financial or otherwise) or prospects of the Borrower or any other Person;

 (b) Any right to any marshalling of assets, to the filing of any claim against the Borrower or any other Person in the event
of any bankruptcy, insolvency, reorganization or similar proceeding, or to the exercise against the Borrower or any other Person of any other right or remedy under or in connection with any Loan Document or any of the Guarantied Obligations or any
direct or indirect security for any of the Guarantied Obligations; any requirement of promptness or diligence on the part of the Administrative Agent or the Lenders, or any of them, or any 

  
 -4-

 
other Person; any requirement to exhaust any remedies under or in connection with, or to mitigate the damages resulting from default under, any Loan Document or any of the Guarantied Obligations
or any direct or indirect security for any of the Guarantied Obligations; any benefit of any statute of limitations; and any requirement of acceptance of this Guaranty or any other Loan Document, Specified Swap Agreements or Other Lender Provided
Financial Service Products, and any requirement that any Guarantor receive notice of any such acceptance; 
 (c) Any defense or
other right arising by reason of any law now or hereafter in effect in any jurisdiction pertaining to election of remedies (including but not limited to anti-deficiency laws, “one action” laws or the like), or by reason of any election of
remedies or other action or inaction by the Administrative Agent or the Lenders, or any of them (including but not limited to commencement or completion of any judicial proceeding or nonjudicial sale or other action in respect of collateral security
for any of the Guarantied Obligations), which results in denial or impairment of the right of the Administrative Agent or the Lenders, or any of them, to seek a deficiency against the Borrower or any other Person or which otherwise discharges or
impairs any of the Guarantied Obligations; and 
 (d) Any and all defenses it may now or hereafter have based on principles of
suretyship, impairment of collateral, or the like. 
 5. Reinstatement. This Guaranty is a continuing obligation of the
Guarantors and shall remain in full force and effect notwithstanding that no Guarantied Obligations may be outstanding from time to time and notwithstanding any other event or circumstance. Upon Payment In Full, and provided that none of the other
obligations referred to in Section 1(ii) hereof are then in default, this Guaranty shall terminate; provided, however, that this Guaranty shall continue to be effective or be reinstated, as the case may be, any time any payment of any of the
Guarantied Obligations is rescinded, recouped, avoided, or must otherwise be returned or released by any Lender or the Administrative Agent upon or during the insolvency, bankruptcy, or reorganization of, or any similar proceeding affecting, the
Borrower or for any other reason whatsoever, all as though such payment had not been made and was due and owing. 
 6.
Subrogation. Each Guarantor waives and agrees that it will not exercise any rights against the Borrower or any other Guarantor arising in connection with, or any Collateral securing, the Guarantied Obligations (including rights of
subrogation, contribution, and the like) until Payment In Full. If any amount shall be paid to any Guarantor by or on behalf of the Borrower or any other Guarantor by virtue of any right of subrogation, contribution, or the like, such amount shall
be deemed to have been paid to such Guarantor for the benefit of, and shall be held in trust for the benefit of, the Administrative Agent and the Lenders and shall forthwith be paid to the Administrative Agent to be credited and applied upon the
Guarantied Obligations, whether matured or unmatured, in accordance with the terms of the Credit Agreement. 
 7. No
Stay. Without limitation of any other provision of this Guaranty, if any declaration of default or acceleration or other exercise or condition to exercise of rights or remedies under or with respect to any Guarantied Obligation shall at any time
be stayed, enjoined, or prevented for any reason (including but not limited to stay or injunction resulting from the pendency against the Borrower or any other Person of a bankruptcy, insolvency, reorganization or similar proceeding), the Guarantors
agree that, for the purposes of this Guaranty and their obligations 

  
 -5-

 
hereunder, the Guarantied Obligations shall be deemed to have been declared in default or accelerated, and such other exercise or conditions to exercise shall be deemed to have been taken or met.

 8. Taxes. 
 (a) Payments Free of Taxes. Any and all payments by or on account of any obligation of any of the Guarantors hereunder or under any other Loan Document shall be made free and clear of and without
reduction or withholding for any Indemnified Taxes or Other Taxes; provided that if any Guarantor shall be required by applicable Law to deduct any Indemnified Taxes (including any Other Taxes) from such payments, then (i) the sum payable shall
be increased as necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Paragraph) the Administrative Agent, Lender or Issuing Lender, as the case may be, receives an amount equal
to the sum it would have received had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall timely pay the full amount deducted to the relevant Official Body in accordance with
applicable Law. 
 (b) Payment of Other Taxes by any Guarantor. Without limiting the provisions of paragraph
(a) above, each Guarantor shall timely pay any Other Taxes to the relevant Official Body in accordance with applicable Law. 
 (c) Indemnification by the Guarantors. Each Guarantor shall indemnify the Administrative Agent, each Lender and the Issuing Lender, within ten (10) days after demand therefor, for the full
amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Paragraph) paid by the Administrative Agent, such Lender or the Issuing Lender, as the
case may be, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Official Body. A
certificate as to the amount of such payment or liability delivered to such Guarantor by a Lender or the Issuing Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender or the
Issuing Lender, shall be conclusive absent manifest error. 
 (d) Certificate. As soon as practicable after any payment
of Indemnified Taxes or Other Taxes by any Guarantor to an Official Body, such Guarantor shall deliver to the Administrative Agent, the original or a certified copy of a receipt issued by such Official Body evidencing such payment, a copy of the
return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent. 
 (e)
Tax Provisions Incorporated By Reference. Notwithstanding the foregoing, with respect to any and all payments by or on account of any obligation of the Guarantors hereunder, the provisions of Section 5.9 [Taxes] of the Credit Agreement
are cross-referenced, incorporated herein and shall apply to the Administrative Agent, each Lender, Issuing Lender and any Guarantor as if such Guarantor is, in fact, the Borrower; provided, however, that no Guarantor shall have any obligation under
this Section 8 [Taxes] in excess of such Guarantor’s Guarantied Obligations. 

  
 -6-

 9. Representations and Warranties. Each Guarantor makes the representations and
warranties set forth in Section 6.1.1, 6.1.3, 6.1.4, 6.1.5, 6.1.11, 6.1.12, 6.1.16 and 6.1.25 of the Credit Agreement, mutatis mutandis, as to itself and its Subsidiaries as if it were a “Loan Party” referred to thereunder.

 10. Notices. Each Guarantor agrees that all notices, statements, requests, demands and other communications under this
Guaranty shall be given to such Guarantor at the address set forth on a Schedule to the Credit Agreement and in the manner provided in Section 11.5.1 [Notices Generally] of the Credit Agreement or in a Joinder. The Administrative Agent and the
Lenders may rely on any notice (whether or not made in a manner contemplated by this Guaranty) purportedly made by or on behalf of a Guarantor, and the Administrative Agent and the Lenders shall have no duty to verify the identity or authority of
the Person giving such notice. 
 11. Counterparts; Telecopy Signatures. This Guaranty may be executed by different
parties hereto on any number of separate counterparts, each of which, when so executed and delivered, shall be an original, and all such counterparts shall together constitute one and the same instrument. Delivery of an executed signature page by
telecopy or electronic signature delivery system (in either case in a form acceptable to the Administrative Agent) shall be effective as delivery of a manually executed signature page to this Guaranty. 

12. Setoff, Default Payments by Borrower. 
 (a) In the event that at any time any obligation of the Guarantors now or hereafter existing under this Guaranty shall have become due and payable, the Administrative Agent and the Lenders, or any of
them, shall have the right from time to time, without notice to any Guarantor, to set off against and apply to such due and payable amount any obligation of any nature of any Lender or the Administrative Agent, or any subsidiary or affiliate of any
Lender or the Administrative Agent, to any Guarantor, including but not limited to all deposits (whether time or demand, general or special, provisionally credited or finally credited, however evidenced) now or hereafter maintained by any Guarantor
with the Administrative Agent or any Lender or any subsidiary or affiliate thereof. Such right shall be absolute and unconditional in all circumstances and, without limitation, shall exist whether or not the Administrative Agent or the Lenders, or
any of them, shall have given any notice or made any demand under this Guaranty or under such obligation to the Guarantor, whether such obligation to the Guarantor is absolute or contingent, matured or unmatured (it being agreed that the
Administrative Agent and the Lenders, or any of them, may deem such obligation to be then due and payable at the time of such setoff), and regardless of the existence or adequacy of any collateral, guaranty, or other direct or indirect security or
right or remedy available to the Administrative Agent or any of the Lenders. The rights of the Administrative Agent and the Lenders under this Section are in addition to such other rights and remedies (including, without limitation, other rights of
setoff and banker’s lien) which the Administrative Agent and the Lenders, or any of them, may have, and nothing in this Guaranty or in any other Loan Document, Specified Swap Agreements or Other Lender Provided Financial Service Products shall
be deemed a waiver of or restriction on the right of setoff or banker’s lien of the Administrative Agent and the Lenders, or any of them. Each of the Guarantors hereby agrees that, to the fullest extent permitted by law, any affiliate or
subsidiary of the Administrative Agent or any of the Lenders and any holder of a participation in any obligation of any 

  
 -7-

 
Guarantor under this Guaranty, shall have the same rights of setoff as the Administrative Agent and the Lenders as provided in this Section (regardless whether such affiliate or participant
otherwise would be deemed a creditor of any Guarantor). 
 (b) Upon the occurrence and during the continuation of any default
under any Guarantied Obligation, if any amount shall be paid to any Guarantor by or for the account of the Borrower, such amount shall be held in trust for the benefit of each Lender and the Administrative Agent and shall forthwith be paid to the
Administrative Agent to be credited and applied to the Guarantied Obligations when due and payable. 
 13. Construction.
The section and other headings contained in this Guaranty are for reference purposes only and shall not affect interpretation of this Guaranty in any respect. This Guaranty has been fully negotiated between the applicable parties, each party having
the benefit of legal counsel, and accordingly neither any doctrine of construction of guaranties or suretyships in favor of the guarantor or surety, nor any doctrine of construction of ambiguities in agreement or instruments against the party
controlling the drafting thereof, shall apply to this Guaranty. 
 14. Successors and Assigns. This Guaranty shall be
binding upon each Guarantor, its successors and assigns, and shall inure to the benefit of and be enforceable by the Administrative Agent and the Lenders, or any of them, and their successors and assigns except that no Guarantor may assign or
transfer any of its rights or obligations hereunder or any interest herein other than assignments and transfers permitted by the Credit Agreement. Without limitation of the foregoing, the Administrative Agent and the Lenders, or any of them (and any
successive assignee or transferee), from time to time may assign or otherwise transfer all or any portion of its rights or obligations under the Loan Documents (including all or any portion of any commitment to extend credit), or any other
Guarantied Obligations, to any other Person as provided and permitted by the Credit Agreement and such Guarantied Obligations (including any Guarantied Obligations resulting from extension of credit by such other Person under or in connection with
the Loan Documents, Specified Swap Agreements or Other Lender Provided Financial Service Products) shall be and remain Guarantied Obligations entitled to the benefit of this Guaranty, and to the extent of its interest in such Guarantied Obligations
such other Person shall be vested with all the benefits in respect thereof granted to the Administrative Agent and the Lenders in this Guaranty or otherwise. 
 15. Governing Law; Submission to Jurisdiction; Waiver of Jury Trial. 
 (a)
Governing Law. This Guaranty shall be governed by, construed, and enforced in accordance with the internal laws of the State of New York, without regard to its conflict of laws principles. 

(b) SUBMISSION TO JURISDICTION; WAIVER OF VENUE; SERVICE OF PROCESS; WAVIER OF JURY TRIAL. 

(i) SUBMISSION TO JURISDICTION. EACH GUARANTOR IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS
PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW 

  
 -8-

 
YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT
OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE
HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE
ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER OR THE ISSUING LENDER MAY
OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY GUARANTOR OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(ii) WAIVER OF VENUE. EACH GUARANTOR IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN THIS SECTION 15. EACH
OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT AND AGREES NOT ASSERT ANY SUCH DEFENSE.

 (iii) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN
THE MANNER PROVIDED FOR NOTICES IN SECTION 11.5 [NOTICES; EFFECTIVENESS; ELECTRONIC COMMUNICATION] OF THE CREDIT AGREEMENT. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY
APPLICABLE LAW. 
 (iv) WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES,
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, ADMINISTRATIVE AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER
PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS 

  
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AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 
 16. Severability; Modification to Conform to Law. 
 (a) The provisions of
this Guaranty are intended to be severable. If any provision of this Guaranty shall be held invalid or unenforceable in whole or in part in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such
invalidity or unenforceability without in any manner affecting the validity or enforceability thereof in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 

(b) Without limitation of the preceding Subsection (a), to the extent that applicable law (including applicable laws pertaining to
fraudulent conveyance or fraudulent or preferential transfer) otherwise would render the full amount of the Guarantor’s obligations hereunder invalid, voidable, or unenforceable on account of the amount of a Guarantor’s aggregate liability
under this Guaranty, then, notwithstanding any other provision of this Guaranty to the contrary, the aggregate amount of such liability shall, without any further action by the Administrative Agent or any of the Lenders or such Guarantor or any
other Person, be automatically limited and reduced to the highest amount which is valid and enforceable as determined in such action or proceeding, which (without limiting the generality of the foregoing) may be an amount which is equal to the
greater of: 
 (i) the fair consideration actually received by such Guarantor under the terms and as a result of
the Loan Documents, the Specified Swap Agreements and the Other Lender Provided Financial Service Products and the value of the benefits described in Section 19(b) hereof, including (and to the extent not inconsistent with applicable federal
and state laws affecting the enforceability of guaranties) distributions, commitments, and advances made to or for the benefit of such Guarantor with the proceeds of any credit extended under the Loan Documents, the Specified Swap Agreements or
Other Lender Provided Financial Service Products, or 
 (ii) the excess of (1) the amount of the fair value
of the assets of such Guarantor as of the date of this Guaranty as determined in accordance with applicable federal and state laws governing determinations of the insolvency of debtors as in effect on the date hereof, over (2) the amount of all
liabilities of such Guarantor as of the date of this Guaranty, also as determined on the basis of applicable federal and state laws governing the insolvency of debtors as in effect on the date hereof. 

(c) Notwithstanding anything to the contrary in this Section or elsewhere in this Guaranty, this Guaranty shall be presumptively valid
and enforceable to its full extent in accordance with its terms, as if this Section (and references elsewhere in this Guaranty to enforceability to the fullest extent permitted by law) were not a part of this Guaranty, and in any related litigation
the burden of proof shall be on the party asserting the invalidity or unenforceability of any provision hereof or asserting any limitation on any Guarantor’s obligations hereunder as to each element of such assertion. 

  
 -10-

 17. Additional Guarantors. CNX Gas hereby agrees that if any Subsidiary of CNX Gas
becomes a “Loan Party” or “Guarantor” under the CNX Gas Credit Agreement, CNX Gas shall cause such Subsidiary, concurrently therewith, to deliver to the Administrative Agent a joinder to this Guaranty in the form of Exhibit A
hereto (a “Joinder”). No notice of the addition of any Guarantor shall be required to be given to any pre-existing Guarantor and each Guarantor hereby consents thereto. 

18. Joint and Several Obligations. The obligations and additional liabilities of each and every Guarantor under this Guaranty are
joint and several obligations of the Guarantors, and each Guarantor hereby waives to the full extent permitted by law any defense it may otherwise have to the payment and performance of the Guarantied Obligations that its liability hereunder is
limited and not joint and several. Each Guarantor acknowledges and agrees that the foregoing waivers and those set forth below serve as a material inducement to the agreement of the Administrative Agent and the Lenders to make the Loans, and that
the Administrative Agent and the Lenders are relying on each specific waiver and all such waivers in entering into this Guaranty. The undertakings of each Guarantor hereunder secure the obligations of itself and the other Guarantors. The
Administrative Agent and the Lenders, or any of them, may, in their sole discretion, elect to enforce this Guaranty against any Guarantor without any duty or responsibility to pursue any other Guarantor and such an election by the Administrative
Agent and the Lenders, or any of them, shall not be a defense to any action the Administrative Agent and the Lenders, or any of them, may elect to take against any Guarantor. Each of the Lenders and the Administrative Agent hereby reserve all rights
against each Guarantor. 
 19. Receipt of Credit Agreement, Other Loan Documents, Benefits. 

(a) Each Guarantor hereby acknowledges that it has received a copy of the Credit Agreement and the other Loan Documents, any Specified
Swap Agreement and any Other Lender Provided Financial Service Product, and each Guarantor certifies that the representations and warranties made therein with respect to such Guarantor are true and correct. Further, each Guarantor acknowledges and
agrees to perform, comply with, and be bound by all of the provisions of the Credit Agreement and the other Loan Documents to the extent applicable to such Guarantor. 
 (b) Each Guarantor hereby acknowledges, represents, and warrants that it receives synergistic benefits by virtue of its affiliation with the Borrower and the other Guarantors and that it will receive
direct and indirect benefits from the financing arrangements contemplated by the Credit Agreement and that such benefits, together with the rights of contribution and subrogation that may arise in connection herewith are a reasonably equivalent
exchange of value in return for providing this Guaranty. 
 20. Release of Guarantor. In the event that any Guarantor
ceases to be a “Loan Party” and “Guarantor” under the CNX Gas Credit Agreement, such Guarantor shall currently be released from this Guaranty automatically and without further action, and this Guaranty shall, as to such
Guarantor, terminate and have no further force or effect. The Administrative Agent agrees to execute an instrument evidencing such release in form and substance satisfactory to the Administrative Agent upon request of CNX Gas and certification by
CNX Gas that such Guarantor has ceased to be a “Loan Party” and “Guarantor” under the CNX Gas Credit Agreement. In 

  
 -11-

 
connection with the merger of the Guarantor into another CNX Gas Loan Party, this Guaranty will be assumed (as a matter of law) by such other CNX Gas Loan Party and will, together with any
Guaranty of the Guarantied Obligations by such other CNX Gas Loan Party, constitute a single Guaranty. 
 21.
Miscellaneous. 
 (a) Generality of Certain Terms. As used in this Guaranty, the terms “hereof,”
“herein” and terms of similar import refer to this Guaranty as a whole and not to any particular term or provision. 

(b) Amendments, Waivers. No amendment to or waiver of any provision of this Guaranty, and no consent to any departure by any
Guarantor herefrom, shall in any event be effective unless in a writing manually signed by or on behalf of the Administrative Agent and the Lenders. Any such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given. No delay or failure of the Administrative Agent or the Lenders, or any of them, in exercising any right or remedy under this Guaranty shall operate as a waiver thereof; nor shall any single or partial exercise of any such
right or remedy preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and remedies of the Administrative Agent and the Lenders under this Guaranty are cumulative and not exclusive of any other rights
or remedies available hereunder, under any other agreement or instrument, by law, or otherwise. 
 (c)
Telecommunications. Each Lender and the Administrative Agent shall be entitled to rely on the authority of any individual making any telecopy or telephonic notice, request, or signature without the necessity of receipt of any verification
thereof. 
 (d) Expenses. Each Guarantor unconditionally agrees to pay all costs and expenses, including reasonable
attorney’s fees, incurred by the Administrative Agent or any of the Lenders in enforcing this Guaranty against any Guarantor and each Guarantor shall pay and indemnify each Lender and the Administrative Agent for, and hold it harmless from and
against, any and all obligations, liabilities, losses, damages, costs, expenses (including disbursements and reasonable legal fees of counsel to any Lender or the Administrative Agent), penalties, judgments, suits, actions, claims, and disbursements
imposed on, asserted against, or incurred by any Lender or the Administrative Agent (i) relating to the preparation, negotiation, execution, administration, or enforcement of or collection under this Guaranty or any document, instrument, or
agreement relating to any of the Obligations, including in any bankruptcy, insolvency, or similar proceeding in any jurisdiction or political subdivision thereof; (ii) relating to any amendment, modification, waiver, or consent hereunder or
relating to any telecopy or telephonic transmission purporting to be by any Guarantor or the Borrower; (iii) in any way relating to or arising out of this Guaranty, or any document, instrument, or agreement relating to any of the Guarantied
Obligations, or any action taken or omitted to be taken by any Lender or the Administrative Agent hereunder, and including those arising directly or indirectly from the violation or asserted violation by any Guarantor or the Borrower or the
Administrative Agent or any Lender of any law, rule, regulation, judgment, order, or the like of any jurisdiction or political subdivision thereof (including those relating to environmental protection, health, labor, importing, exporting, or safety)
and regardless whether asserted by any governmental entity or any other Person. 

  
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 (e) Prior Understandings. This Guaranty and the Credit Agreement supersede all prior
understandings and agreements, whether written or oral, between the parties hereto and thereto and relating to the transactions provided for herein and therein. 
 (f) Survival. All representations and warranties of the Guarantors made in connection with this Guaranty shall survive, and shall not be waived by, the execution and delivery of this Guaranty, any
investigation by or knowledge of the Administrative Agent and the Lenders, or any of them, any extension of credit, or any other event or circumstance whatsoever. 
 [SIGNATURE PAGES FOLLOW] 

  
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 [SIGNATURE PAGE - CNX GAS GUARANTY AGREEMENT] 

IN WITNESS WHEREOF, each Guarantor, intending to be legally bound, has executed this Guaranty as of the date first above written with the
intention that this Guaranty shall constitute a sealed instrument. 
  

					
	 GUARANTORS:
  

CNX GAS CORPORATION

			
	By:	 	 	 	 
		 	Name:	 	 
		 	Title:	 	 
	
	CNX GAS COMPANY LLC
			
	By:	 	 	 	 
		 	Name:	 	 
		 	Title:	 	 
	
	CARDINAL STATES GATHERING COMPANY
		
	By:	 	CNX Gas Company LLC, as Partnership Manager
			
	By:	 	 	 	 
		 	Name:	 	 
		 	Title:	 	 
	
	KNOX ENERGY, LLC
			
	By:	 	 	 	 
		 	Name:	 	 
		 	Title:	 	 

 [SIGNATURE PAGE - CNX GAS GUARANTY AGREEMENT] 

 

					
	COALFIELD PIPELINE COMPANY
			
	By:	 	 	 	 
		 	Name:	 	 
		 	Title:	 	 
	
	MOB CORPORATION
			
	By:	 	 	 	 
		 	Name:	 	 
		 	Title:	 	 

  
 -2-

 EXHIBIT A 
 FORM OF 
 CNX GAS GUARANTOR JOINDER AND ASSUMPTION AGREEMENT

 THIS CNX GAS GUARANTOR JOINDER AND ASSUMPTION AGREEMENT (“CNX GAS GUARANTOR JOINDER”) is made as of
                    , 20    , by
                    , a
                     [corporation/partnership/limited liability company] (the “New Guarantor”). 

Background 
 Reference is made to (i) the Amended and Restated Credit Agreement, dated as of April 12, 2011 (as the same may be amended, supplemented, restated or modified from time to time, the
(“Credit Agreement”), by and among Consol Energy Inc., a Delaware corporation (“Borrower”), each of the other Loan Parties now or hereafter party thereto, the Lenders now or hereafter party thereto (the
“Lenders”), PNC Bank, National Association, in its capacity as administrative agent for the Lenders (the “Administrative Agent”) and Bank of America, N.A., as Syndication Agent; (ii) the CNX Gas Amended and Restated
Continuing Agreement of Guaranty and Suretyship, dated as of April 12, 2011, as the same may be amended, restated, supplemented or modified from time to time (the “Guaranty”), of CNX Gas and the other CNX Gas Loan Parties given
to the Administrative Agent for the benefit of the Lenders; and (iii) the CNX Gas Intercompany Subordination Agreement, dated as of April 12, 2011, as the same may be amended, restated, supplemented or modified from time to time (the
“CNX Gas Intercompany Subordination Agreement”), among the Loan Parties, and the CNX Gas Loan Parties and the Administrative Agent for the benefit of the Lenders. 

Agreement 

Capitalized terms defined in the Credit Agreement are used herein as defined therein. 

New Guarantor hereby becomes a Guarantor under the terms of the Guaranty and in consideration of the value of the synergistic and other
benefits received by New Guarantor as a result of being or becoming affiliated with the Borrower and the Guarantors, New Guarantor hereby agrees that effective as of the date hereof it hereby is, and shall be deemed to be, and assumes the
obligations of, a “Guarantor”, jointly and severally with the existing Guarantors under the Guaranty, a “Company” and a “CNX Gas Loan Party” jointly and severally with the existing “Companies” and “CNX
Gas Loan Parties” under the CNX Gas Intercompany Subordination Agreement and, New Guarantor hereby agrees that from the date hereof and until Payment In Full, New Guarantor shall perform, comply with, and be subject to and bound by each of the
terms and provisions of the Gas Guaranty and the CNX Gas Intercompany Subordination Agreement jointly and severally with the existing parties thereto. Without limiting the generality of the foregoing, New Guarantor hereby represents and warrants
that (i) each of the representations and warranties set forth in Section 9 of the Guaranty is true and correct as to New Guarantor 

  
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on and as of the date hereof and (ii) New Guarantor has heretofore received a true and correct copy of the Credit Agreement, Guaranty and the CNX Gas Intercompany Subordination Agreement.

 New Guarantor hereby makes, affirms, and ratifies in favor of the Lenders and the Administrative Agent the Credit Agreement,
Guaranty and the CNX Gas Intercompany Subordination Agreement. 
 In furtherance of the foregoing, upon the request of the
Administrative Agent, New Guarantor shall execute and deliver or cause to be executed and delivered at any time and from time to time such further instruments and documents and do or cause to be done such further acts as may be reasonably necessary
in the reasonable opinion of Administrative Agent to carry out more effectively the provisions and purposes of this CNX Gas Guarantor Joinder and the other Loan Documents. 
 New Guarantor acknowledges and agrees that a telecopy transmission or electronic copy (with confirmation of receipt) to the Administrative Agent or any Lender of signature pages hereof purporting to be
signed on behalf of New Guarantor shall constitute effective and binding execution and delivery hereof by New Guarantor. 

  
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 [SIGNATURE PAGE 1 OF 1 OF CNX GAS GUARANTOR 

JOINDER AND ASSUMPTION AGREEMENT] 
 IN WITNESS WHEREOF, and intending to be legally bound hereby, the New Guarantor has duly executed this CNX Gas Guarantor Joinder and delivered the same to the Administrative Agent for the benefit of the
Lenders, as of the date and year first above written with the intention that this CNX Gas Guarantor Joinder constitute a sealed instrument. 
  

					
	NEW GUARANTOR:
	
	 
			
	By:	 	 	 	(SEAL)
		 	Name:	 	
		 	Title:	 	

  

			
	 Acknowledged:
 CONSOL ENERGY INC., as Borrower

		
	By:	 	 
		 	Name:
		 	Title:
	
	Acknowledged and accepted:
	
	 PNC BANK, NATIONAL ASSOCIATION,
 as Administrative Agent

		
	By:	 	 
		 	Name:
		 	Title:

 EXHIBIT 1.1(I)(1) 

FORM OF 

AMENDED AND RESTATED REGULATED 
 SUBSTANCES CERTIFICATE AND INDEMNITY AGREEMENT 
 THIS AMENDED AND RESTATED
REGULATED SUBSTANCES CERTIFICATE AND INDEMNITY AGREEMENT (the “Agreement”) is made as of April 12, 2011 by CONSOL ENERGY INC., a Delaware corporation (the “Borrower” or “Loan Party”),
each other Loan Party (as defined in the Credit Agreement, as herein defined) (together with the Borrower, the Loan Parties” and each individually, a “Loan Party”) in favor of PNC BANK, NATIONAL ASSOCIATION, not
in its individual capacity but solely as collateral trustee (the “Collateral Trustee”) for the ratable benefit of the Secured Parties (as defined herein) pursuant to the Collateral Trust Agreement. 

RECITALS 
 A.
Reference is made to that certain Amended and Restated Credit Agreement, dated as of April 12, 2011 (as amended or restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among the
Borrower, each of the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto, PNC Bank, National Association, in its capacity as administrative agent for the Lenders (the “Administrative Agent”) and
Bank of America, N.A., as the Syndication Agent. 
 B. To induce the Administrative Agent and the Lenders to enter into the
Credit Agreement, each Loan Party has agreed to enter into this Agreement in favor of the Collateral Trustee for the ratable benefit of the Secured Parties. 
 NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, each Loan Party
hereby covenants, warrants, represents and agrees as follows: 
 1. Definitions. All capitalized terms used herein but
not otherwise defined herein shall have the meaning given such terms in the Credit Agreement. 
 2. Representations and
Warranties. The Loan Parties, each for themselves respectively, and as applicable to each such Loan Party’s ownership, occupation or leasing of or conducting operations and activities at any Property, hereby reaffirm the representations and
warranties set forth in Section 6.1.19 [Environmental Matters] of the Credit Agreement. 
 3. Environmental
Covenants. 
 (a) Each Loan Party, for themselves respectively, and as applicable to each such Loan Party’s ownership,
occupation or leasing of or conducting operations and activities at any Property, shall keep such Property free of Hazardous Materials and shall remove, or cause their lessees to remove, all Hazardous Materials which are now or at any time in the
future in or on the Property, irrespective of the source thereof, except to the extent that such Hazardous Materials are present on or stored and/or used substantially in compliance with Environmental Laws; provided, that it shall not be
deemed to be a violation of this Section 3(a) unless or until any 

 
failure to comply with any applicable Environmental Law would result in fines, penalties, remediation costs, other liabilities or injunctive relief which, considered either individually or in the
aggregate could reasonably be expected to result in a Material Adverse Change. Each Loan Party, for themselves respectively, and as applicable to each such Loan Party’s ownership, occupation or leasing of or conducting operations and activities
at any Property, shall not suffer or permit such Property to be used to generate, manufacture, refine, transport, treat, dispose of, transfer, produce or process Hazardous Materials in violation of Environmental Laws; provided, that it shall
not be deemed to be a violation of this Section 3(a) unless or until any failure to comply with any applicable Environmental Law would result in fines, penalties, remediation costs, other similar liabilities or injunctive relief which,
considered either individually or in the aggregate, could reasonably be expected to result in a Material Adverse Change. 
 (b)
Each Loan Party, for themselves respectively, and as applicable to each such Loan Party’s ownership, occupation or leasing of or conducting operations and activities at any Property, shall immediately, upon their respective Responsible Officer
obtaining knowledge of any of the following, notify the Collateral Trustee for the benefit of the Secured Parties in writing upon the occurrence of: 
 (i) the Release or threat of Release of any Hazardous Materials on, at, under, from or affecting the Property in violation of Environmental Laws that could reasonably be expected to result in fines,
penalties, remediation costs, other liabilities or injunctive relief which, considered either individually or in the aggregate, could reasonably be expected to result in a Material Adverse Change; 

(ii) any violation affecting the Property of any Environmental Laws, if such violation is reasonably likely to result in
fines, penalties, remediation costs, other similar liabilities or injunctive relief which, considered either individually or in the aggregate, could reasonably be expected to result in a Material Adverse Change; and 

(iii) any Environmental Liability or any claim or claims relating to any Loan Party relating to damage, contribution, cost
recovery, compensation, loss or injury resulting from any Hazardous Materials on, at, under, from or affecting the Property if such claim or series of claims, when considered either individually or in the aggregate, could reasonably be expected to
result in a Material Adverse Change. 
 (c) Except as otherwise disclosed in written reports delivered to the Collateral Trustee
prior to the date hereof, the Loan Parties certify that, as of the date of this Agreement, to their knowledge, no report, analysis, study or other document prepared by or for any Person exists which identifies any Hazardous Materials on, at, under,
emanating from or affecting the Property which, considered either individually or in the aggregate, could reasonably be expected to result in a Material Adverse Change. 
 (d) The Loan Parties, at their sole expense and for themselves respectively, and as applicable to each such Loan Party’s ownership, occupation or leasing of or conducting operations and activities at
any Property, shall, or shall cause the tenants of the Property to, conduct and complete all investigations, studies, sampling and testing and all removal and other actions necessary to clean up, remove or otherwise address all Hazardous Materials
on, at, under, 

  
 -2-

 
from or affecting any of the Property in accordance with all Environmental Laws; provided, however that it shall not be deemed to be a violation of this Section 3(d) unless or
until any failure to conduct and complete all investigations, studies, sampling and testing and all removal and other actions is reasonably likely to result in fines, penalties, remediation costs or other liabilities which, considered either
individually or in the aggregate, could reasonably be expected to result in a Material Adverse Change. 
 4. Indemnity.

 (a) The Loan Parties shall indemnify, defend and hold harmless the Collateral Trustee, the Secured Parties and their
employees, agents, officers and directors from and against any claims, costs, demands, penalties, fines, liabilities, settlements or damages of whatever kind or nature and associated reasonable costs or expenses, including reasonable attorneys’
fees, fees of environmental consultants and laboratory fees, known or unknown, contingent or otherwise (collectively, the “Indemnified Matters”), arising out of or in any way related to the following matters: 

(i) the presence, Release or threatened Release of any Hazardous Materials on, at, under, from or affecting the Property
or the soil, water, vegetation, buildings, personal property, persons or natural resources thereon; 
 (ii) any
personal injury (including wrongful death) or property damage (real or personal) or damage to natural resources arising out of or related to such Hazardous Materials; 

(iii) any lawsuit brought or threatened, settlement reached or governmental order relating to such Hazardous Materials;

 (iv) any violation of Environmental Laws or any and all permits, licenses, registrations, notifications,
exemptions and any other authorization required under any applicable Environmental Law (collectively, the “Environmental Permits”); and/or 
 (v) the breach of any warranty, representation or covenant of any Loan Party contained in this Agreement. 
 (b) The liability covered by this Section 4 shall include, but not be limited to, losses sustained by the Collateral Trustee and the Secured Parties and/or their successors and assigns for
(i) diminution in value of the Property resulting from matters covered by this Agreement, (ii) amounts arising out of personal injury or death claims with respect to the matters covered by this Agreement, (iii) amounts charged for any
environmental or Hazardous Materials cleanup costs and expenses, liens or other such charges or impositions, (iv) payment for reasonable attorneys’ fees and disbursements, expert witness fees, court costs, environmental tests and design
studies in connection with the matters covered by this Agreement, and (v) any other amounts reasonably expended by the Collateral Trustee and the Secured Parties and their successors and assigns with respect to matters covered by this
Agreement. Notwithstanding anything to the contrary contained herein, the liability of the Loan Parties under this Section 4, (A) with respect to diminution in value of the Property, shall be limited to the diminution in value of the
Property in its use by the Loan Parties in their mining operations and (B) with 

  
 -3-

 
respect to environmental or Hazardous Materials cleanup costs and expenses, shall be limited to the costs and expenses for cleanup of the Property so that it is suitable for use in mining
operations and in compliance with all Environmental Laws and Environmental Permits (including without limitation, any permanent reclamation or water treatment resulting from the operations of the Loan Parties or their predecessors). 

5. Each Loan Party’s Obligation to Deliver Property. Each Loan Party agrees for themselves respectively, and as applicable to
each such Loan Party’s ownership, occupation or leasing of or conducting operations and activities at any Property that, in the event any Mortgage is foreclosed (whether judicially or by power of sale) or any such Loan Party tenders a deed in
lieu of foreclosure or any such Loan Party otherwise voluntarily or involuntarily conveys possession of or title to the Property, such Loan Party shall deliver the Property or any parcel comprising such portion of the Property to the Collateral
Trustee in a condition that is in compliance with and not subject to any Lien under any applicable Environmental Laws and which could not be reasonably be expected to result in any Environmental Liability. The obligations of each Loan Party as set
forth in this paragraph are strictly for the benefit of the Collateral Trustee and the Secured Parties and any successors and assigns of the Collateral Trustee and the Secured Parties as holders of any portion of the Secured Debt and shall not in
any way impair or affect the Collateral Trustee’s and/or the Secured Parties’ right to foreclose against any parcel comprising a portion of the Property. 
 6. The Collateral Trustee’s and/or Secured Parties’ Rights Under This Agreement. The rights of the Collateral Trustee and the Secured Parties under this Agreement shall be in addition to
all rights of the Collateral Trustee and/or the Secured Parties under the Mortgages, the Credit Agreement, any other Loan Documents and the Indenture. Any default by any Loan Party under this Agreement (including without limitation any breach of any
representation, warranty or covenant made by any Loan Party in this Agreement) shall, at the Collateral Trustee’s option, constitute an Actionable Default under the Collateral Trust Agreement and an Event of Default under the Credit Agreement,
the Mortgages and the other Loan Documents. 
 7. The Collateral Trustee’s and/or the Secured Parties’ Right to
Cure. In addition to the other remedies provided to the Collateral Trustee and/or the Secured Parties in the Credit Agreement, the Mortgages, the other Loan Documents and the Indenture, should any Loan Party fail to abide by the terms and
covenants of this Agreement, the Collateral Trustee on behalf of the Secured Parties, and/or the Secured Parties may, should they elect to do so in order to protect their security interest, cause the removal, remediation of or other corrective
action with respect to any Hazardous Materials on, at, under or emanating from or affecting the Property and repair and remedy any damage caused by the Hazardous Materials or any such removal, remediation or corrective action, as necessary to assure
substantial compliance with all applicable Environmental Laws. In such event, all funds expended by the Collateral Trustee on behalf of the Secured Parties and/or the Secured Parties for such purposes, including but not limited to all reasonable
attorneys’ fees, engineering fees, consultant fees and similar charges, shall become a part of the obligations secured by the Mortgages and shall be due and payable by each of the Loan Parties on demand. Each disbursement made by the Collateral
Trustee and/or the Secured Parties pursuant to this provision shall bear interest at the lower of (a) the rate of interest applicable under Section 4.3.2 [Other Obligations] of the Credit Agreement, or (b) the highest rate allowable
under applicable laws from the date any Loan Party shall have received written 

  
 -4-

 
notice that the funds have been advanced by the Collateral Trustee and/or the Secured Parties until paid in full. The Borrower and each of the other Loan Parties shall permit the Collateral
Trustee, the Secured Parties, and their agents and employees access to their respective Property (or in the case of the Borrower any and all Properties) for any purpose consistent with this provision. 

8. The Collateral Trustee’s Right to Conduct an Investigation. In the event the Secured Parties shall have reasonable cause
to suspect that any Loan Party has failed to comply with the terms of this Agreement, the Collateral Trustee may obtain one or more environmental assessments of the Property, at the sole expense of any of the Loan Parties. The nature and scope of
the environmental assessments shall be determined by the Collateral Trustee in its judgment. Each Loan Party shall permit the Collateral Trustee, for the benefit of the Secured Parties and the Collateral Trustee’s agents and employees, access
to the Property for the purpose of conducting the environmental assessment and shall otherwise cooperate and provide such additional information as may be requested by the Collateral Trustee or the Collateral Trustee’s agents and employees. In
the event any Loan Party fails to pay in accordance with this Section 8 for the cost of any such environmental audit, the Secured Parties may pay for same. Each such payment made by the Secured Parties shall become a part of the obligations
secured by the Mortgages, shall be due and payable upon demand and shall bear interest after demand at the lower of either (a) the rate of interest applicable under Section 4.3.2 [Other Obligations] of the Credit Agreement, or (b) the
highest rate allowable under applicable laws, until paid in full by any Loan Party. 
 9. Scope of Liability. The
liability under this Agreement shall in no way be limited or impaired by (a) any extension of time for performance required by the Credit Agreement, any of the Loan Documents or the Indenture, (b) any exculpatory provisions in any of the
Loan Documents or the Indenture limiting the Collateral Trustee’s and/or the Secured Parties’ recourse, (c) the accuracy or inaccuracy of the representations and warranties made by any Loan Party or any other obligor under the Credit
Agreement, any of the Loan Documents or the Indenture, (d) the release of any Loan Party or any other Person from performance or observance of any of the agreements, covenants, terms or conditions contained in any of the Loan Documents or the
Indenture by operation of law, the Collateral Trustee’s and/or the Secured Parties’ voluntary act or otherwise, (e) the release or substitution, in whole or in part, of any security for any Loan Party’s obligations or
(f) the Collateral Trustee’s failure to record or improper recording or filing of any of the Mortgages or any UCC financing statements, or failure to otherwise perfect, protect, secure or insure any security interest or lien given as
security for any Loan Party’s obligations; and, in any such case, whether with or without notice to any Loan Party or other Person and with or without consideration. The indemnity provided in Section 4 above shall survive (i) any
sale, assignment or foreclosure of any of the Mortgages or other Loan Documents, the acceptance of a deed in lieu of foreclosure or trustee’s sale, or any sale or transfer of all or part of the possession of or title to the Property, or
(ii) the discharge of any of the other Loan Documents or the Indenture and/or the reconveyance or release of any of the Mortgages. 
 10. Preservation of Rights. No delay on the Collateral Trustee’s and/or the Secured Parties’ part in exercising any right, power or privilege under this Agreement shall operate as a
waiver of any such privilege, power or right. 

  
 -5-

 11. Notices. All notices hereunder shall be in writing and shall be deemed to have
been sufficiently given or served for all purposes when sent by registered or certified mail to any Loan Party or the Administrative Agent and/or the Lenders as provided in Section 11.5.1 [Notices Generally] of the Credit Agreement and in the
case of the Collateral Trustee, as provided in Section 7.2 [Notices] of the Collateral Trust Agreement. 
 12. Changes
in Writing. No provision of this Agreement may be changed, waived, discharged or terminated orally, by telephone or by any other means, except by an instrument in writing signed by all parties hereto. 

13. Joint and Several Obligations. With respect to the obligations of each Loan Party in connection with this Agreement, the
Borrower and each other Loan Party are jointly and severally liable hereunder. Any party liable upon or in respect of this Agreement or any obligations under any of the other Loan Documents or the Indenture may be released without affecting the
liability of any party not so released. 
 14. Survival. The obligations of each of the Loan Parties under Section 4
of this Agreement shall survive any judicial foreclosure, foreclosure by power of sale, deed in lieu of foreclosure, transfer of possession of or title to the Property by any Loan Party or Secured Parties and Payment In Full and payment of the other
Secured Debt in full. 
 15. Severability. In the event any one or more of the provisions contained in this Agreement
should be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions, or any portions thereof, shall not in any way be affected or impaired thereby. 

16. Governing Law and Jurisdiction. This Agreement and the rights and obligations of the parties hereunder shall in all respects
be governed by, construed and enforced in accordance with the governing laws as set forth in the Credit Agreement; provided, however, that the applicable federal, state and local Environmental Laws of the jurisdiction in which the Property is
situated shall govern the Loan Parties’ obligations with respect to compliance with Environmental Laws and Environmental Permits that are required under Environmental Laws to own, occupy or maintain the Property or which otherwise are required
for the operations and business activities of the Loan Parties. 
 17. Construction. Unless the context of this Agreement
otherwise clearly requires, the rules of construction set forth in Section 1.2 [Construction] of the Credit Agreement shall apply to this Agreement and are incorporated herein by reference. 

18. Counterparts. This Agreement may be executed in any one or more counterparts, each of which shall be deemed an original
document and all of which shall be deemed the same document. 
 19. SUBMISSION TO JURISDICTION; WAIVER OF VENUE; SERVICE
OF PROCESS; WAVIER OF JURY TRIAL. 
 (a) SUBMISSION TO JURISDICTION. EACH OF THE PARTIES HERETO
IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS 

  
 -6-

 
PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND
ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND
UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO
AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT
SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER OR THE ISSUING LENDER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY LOAN PARTY OR ITS PROPERTIES IN THE COURTS
OF ANY JURISDICTION. 
 (b) WAIVER OF VENUE. EACH LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN THIS
SECTION 19. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT AND AGREES NOT ASSERT ANY
SUCH DEFENSE. 
 (c) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN
THE MANNER PROVIDED FOR NOTICES IN SECTION 11.5 [NOTICES; EFFECTIVENESS; ELECTRONIC COMMUNICATION] OF THE CREDIT AGREEMENT. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY
APPLICABLE LAW. 
 (d) WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY
(WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, ADMINISTRATIVE AGENT OR 

  
 -7-

 
ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
(B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

20. The parties agree that in the event of any conflict between the provisions of this Agreement and the provisions of the Collateral
Trust Agreement, the provisions of the Collateral Trust Agreement shall control. Notwithstanding any provision in this Agreement to the contrary, the parties and signatories hereto acknowledge and agree that any and all rights, powers, privileges,
duties, responsibilities, liabilities and/or obligations (including but not limited to the right to grant or withhold consent and the right to act or refrain from acting), whether discretionary or mandatory, are and shall be exercised by the
Collateral Trustee solely in accordance with the terms and conditions of the Collateral Trust Agreement, at the direction of the Administrative Agent or other entity specified in the Collateral Trust Agreement as having the right to give direction
to the Collateral Trustee, and subject further to the rights of the Collateral Trustee to require officers’ certificate(s), opinion(s) and advice from counsel, accountants, appraisers and other third parties, advancement of expenses and/or
assurances of indemnity satisfactory to the Collateral Trustee. 
 21. Amendment and Restatement; No Novation. This
Agreement amends and restates the Regulated Substances Certificate and Indemnity Agreement dated as of May 7, 2010 among the Loan Parties and Wilmington Trust Company as Collateral Trustee. This Agreement is not intended to constitute, and does
not constitute, an interruption, suspension of continuity, discharge of prior duties, termination, novation or satisfaction of the obligations or liabilities represented by the Original Indemnity. 

[SIGNATURE PAGES FOLLOW] 

  
 -8-

 [SIGNATURE PAGE - AMENDED AND RESTATED REGULATED 

SUBSTANCES CERTIFICATE AND INDEMNITY AGREEMENT] 
 IN WITNESS WHEREOF, intending to be legally bound hereby, the undersigned have executed this Agreement as of the day and year first above written. 

 

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

  

			
	CONSOL ENERGY HOLDINGS LLC VI CONSOL GAS COMPANY
		
	By:	 	 
		 	John M. Reilly, Vice President and Treasurer of each Loan Party listed above on behalf of each such Loan Party

 

					
	TERRY EAGLE LIMITED PARTNERSHIP
		
	By:	 	TECPART Corporation, a general partner
			
		 	By:	 	 
		 	Name:	 	John M. Reilly
		 	Title:	 	Treasurer
		
	By:	 	TEAGLE Company, L.L.C., a general partner
			
		 	By:	 	 
		 	Name:	 	John M. Reilly
		 	Title:	 	Treasurer

 [SIGNATURE PAGE - AMENDED AND RESTATED REGULATED 

SUBSTANCES CERTIFICATE AND INDEMNITY AGREEMENT] 

 

			
	LOAN PARTIES:
	
	 AMVEST COAL & RAIL, L.L.C.
 AMVEST COAL SALES, INC.
 AMVEST CORPORATION

AMVEST GAS RESOURCES, INC.
 AMVEST
MINERAL SERVICES, INC.
 AMVEST MINERALS COMPANY, L.L.C. AMVEST OIL & GAS, INC.

AMVEST WEST VIRGINIA COAL, L.L.C.

BRAXTON-CLAY LAND & MINERAL, INC.

CNX LAND RESOURCES INC.
 CNX MARINE
TERMINALS INC.
 CONSOL ENERGY SALES COMPANY CONSOL OF CANADA INC.
 CONSOL OF CENTRAL PENNSYLVANIA LLC CONSOL OF KENTUCKY INC.
 CONSOL OF OHIO
LLC
 CONSOL OF WV LLC

CONSOL OF WYOMING LLC
 CONSOL
PENNSYLVANIA COAL COMPANY LLC
 FOLA COAL COMPANY, L.L.C. GLAMORGAN COAL COMPANY, L.L.C. LEATHERWOOD, INC.

LITTLE EAGLE COAL COMPANY, L.L.C. MON RIVER TOWING, INC.
 MTB INC.
 NICHOLAS-CLAY LAND & MINERAL, INC.

PETERS CREEK MINERAL SERVICES, INC.

RESERVE COAL PROPERTIES COMPANY

ROCHESTER & PITTSBURGH COAL COMPANY
 TEAGLE COMPANY, L.L.C.
 TECPART CORPORATION

TERRA FIRMA COMPANY
 TERRY EAGLE COAL
COMPANY, L.L.C.
 VAUGHAN RAILROAD COMPANY
 WOLFPEN KNOB DEVELOPMENT COMPANY

		
	By:	 	 
		 	John M. Reilly, Treasurer of each Loan Party listed above on behalf of each such Loan Party

 [SIGNATURE PAGE - AMENDED AND RESTATED REGULATED 

SUBSTANCES CERTIFICATE AND INDEMNITY AGREEMENT] 

 

			
	LOAN PARTIES:
	
	 CENTRAL OHIO COAL COMPANY
 CONSOLIDATION COAL COMPANY
 EIGHTY-FOUR MINING COMPANY

HELVETIA COAL COMPANY
 ISLAND CREEK
COAL COMPANY
 KEYSTONE COAL MINING CORPORATION
 LAUREL RUN MINING COMPANY
 McELROY COAL COMPANY

SOUTHERN OHIO COAL COMPANY
 TWIN RIVERS
TOWING COMPANY
 WINDSOR COAL COMPANY

		
	By:	 	 
		 	Daniel S. Cangilla, Treasurer of each Loan Party listed above on behalf of each such Loan Party

 

							
	CONRHEIN COAL COMPANY
		
	By:	 	Consolidation Coal Company, a general partner
			
		 	By:	 	 
		 		 	Name:	 	Daniel S. Cangilla
		 		 	Title:	 	Treasurer

 [SIGNATURE PAGE - AMENDED AND RESTATED REGULATED 

SUBSTANCES CERTIFICATE AND INDEMNITY AGREEMENT] 

 

					
	CONSOL FINANCIAL INC.
		
	By:	 	 
		 	Name:	 	Christopher C. Jones
		 	Title:	 	Vice President and Secretary

 [SIGNATURE PAGE - AMENDED AND RESTATED REGULATED 

SUBSTANCES CERTIFICATE AND INDEMNITY AGREEMENT] 

 

					
	COLLATERAL TRUSTEE:
	
	PNC BANK, NATIONAL ASSOCIATION, Collateral Trustee
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 EXHIBIT 1.1(I)(2) 

FORM OF 

CNX GAS INTERCOMPANY SUBORDINATION AGREEMENT 
 THIS CNX GAS INTERCOMPANY SUBORDINATION AGREEMENT (this “Agreement”) is dated as of April 12, 2011 and is made by and among CONSOL ENERGY INC., a Delaware corporation
(“CEI” or the “Borrower”), each other Loan Party, now or hereafter party hereto (CEI and each other Loan Party being individually referred to herein as a “Loan Party” and collectively as the “Loan
Parties”), the CNX Gas Loan Parties (the Loan Parties and the CNX Gas Loan Parties being individually referred to herein as a “Company” and collectively as the “Companies”), and PNC BANK, NATIONAL
ASSOCIATION, as administrative agent (the “Administrative Agent”), for the Lenders (as defined below). 

WITNESSETH THAT: 

WHEREAS, pursuant to the Amended and Restated Credit Agreement, dated as of even date herewith, by and among the Borrower, the guarantors
now or hereafter a party thereto, the lenders now or hereafter a party thereto (the “Lenders”), PNC Bank, National Association, as Administrative Agent, and Bank of America, N.A., as Syndication Agent (the “Credit
Agreement”, each capitalized term used herein shall, unless otherwise defined herein, have the meaning specified in the Credit Agreement), the Administrative Agent and the Lenders agreed to provide certain loans and other financial
accommodations to the Borrower; 
 WHEREAS, the Loan Parties have or, in the future, may have liabilities, obligations or
indebtedness owed to the CNX Gas Loan Parties (the liabilities, obligations and indebtedness of each of the Loan Parties to any CNX Gas Loan Party, now existing or hereafter incurred (whether created directly or acquired by assignment or otherwise),
and interest and premiums, if any, thereon and other amounts payable in respect thereof and all other obligations and other amounts payable by any Loan Party to any CNX Gas Loan Party are hereinafter collectively referred to as the
“Subordinated Indebtedness”); 
 WHEREAS, the obligations of the Lenders to maintain the Commitments and make
Loans to, and issue Letters of Credit on behalf of, the Borrower from time to time are subject to the condition, among others, that each Loan Party subordinate the Subordinated Indebtedness owed by it to its Obligations to the Administrative Agent
or the Lenders pursuant to the Credit Agreement, the other Loan Documents or any Specified Swap Agreement or Other Lender Provided Financial Service Product (collectively, the “Senior Debt”) in the manner set forth herein.

 NOW, THEREFORE, intending to be legally bound hereby, the parties hereto covenant and agree as follows: 

1. Subordinated Indebtedness Subordinated to Senior Debt. The recitals set forth above are hereby incorporated by reference. All
Subordinated Indebtedness shall be subordinate and subject in right of payment to the prior Payment In Full. 

 2. Payment Over of Proceeds Upon Dissolution, Etc. Upon any distribution of assets of
any Loan Party in the event of (a) any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding in connection therewith, relative to any such Loan Party or to its
creditors, as such, or to its assets, or (b) any liquidation, dissolution or other winding up of any such Loan Party, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the
benefit of creditors or any marshalling of assets and liabilities of any such Loan Party (a Loan Party distributing assets as set forth herein being referred to in such capacity as a “Distributing Company”), then and in any such
event, the Administrative Agent shall be entitled to receive, for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, Payment In Full (whether or not an Event of Default has occurred under the terms of
the Loan Documents or the Senior Debt has been declared due and payable prior to the date on which it would otherwise have become due and payable) before the holder of any Subordinated Indebtedness owed by the Distributing Company is entitled to
receive any payment on account of the principal of or interest on such Subordinated Indebtedness, and, to that end, the Administrative Agent shall be entitled to receive, for application to the payment of the Senior Debt, any payment or distribution
of any kind or character, whether in cash, property or securities, which may be payable or deliverable in respect of the Subordinated Indebtedness owed by the Distributing Company in any such case, proceeding, dissolution, liquidation or other
winding up event. 
 3. No Commencement of Any Proceeding. Each CNX Gas Loan Party agrees that, so long as the Senior
Debt shall remain unpaid, it will not commence, or join with any creditor other than the Lenders and the Administrative Agent in commencing, any proceeding, including but not limited to those described in Section 2 hereof, or other enforcement
action of any kind against any Loan Party which owes it any Subordinated Indebtedness. 
 4. Prior Payment in Full of Senior
Debt Upon Acceleration of Subordinated Indebtedness. If any portion of the Subordinated Indebtedness owed by any Loan Party becomes or is declared due and payable before its stated maturity, then and in such event the Administrative Agent and
the Lenders shall be entitled to receive Payment In Full (whether or not an Event of Default has occurred under the terms of the Loan Documents or the Senior Debt has been declared due and payable prior to the date on which it would otherwise have
become due and payable) before the holder of any such Subordinated Indebtedness is entitled to receive any payment thereon. 

5. No Payment When Senior Debt in Default. If any Event of Default or Potential Event of Default shall have occurred and be
continuing, or an Event of Default or Potential Event of Default would result from or exist after giving effect to a payment with respect to any portion of Subordinated Indebtedness, unless the Required Lenders shall have consented to or waived the
same, so long as any of the Senior Debt shall remain outstanding, no payment shall be made by any Loan Party owing Subordinated Indebtedness on account of principal or interest on any portion of the Subordinated Indebtedness for borrowed money. No
payment shall be made by any Loan Party owing any Subordinated Indebtedness other than for borrowed money of such Subordinated Indebtedness after the earlier of (i) any proceeding described in clause (a) or (c) of Section 2
hereof or (ii) the declaration of the Senior Debt as due and payable before its stated maturity. 

  
 -2-

 6. Payment Permitted if No Default. Nothing contained in this Agreement shall prevent
any of the Loan Parties, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Indebtedness,
or the retention thereof by any of the CNX Gas Loan Parties of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Indebtedness. 

7. Receipt of Prohibited Payments. If, notwithstanding the foregoing provisions of Sections 2, 4, 5 and 6, a CNX Gas Loan Party
which is owed Subordinated Indebtedness by a Distributing Company shall have received any payment or distribution of assets from the Distributing Company of any kind or character, whether in cash, property or securities, then and in such event such
payment or distribution shall be held in trust for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, shall be segregated from other funds and property held by such CNX Gas Loan Party, and shall be
forthwith paid over to the Administrative Agent in the same form as so received (with any necessary endorsement) to be applied (in the case of cash) to or held as collateral (in the case of noncash property or securities) for the payment or
prepayment of the Senior Debt in accordance with the terms of the Credit Agreement, the other Loan Documents, the Specified Swap Agreements and the Other Lender Provided Financial Service Products. 

8. Rights of Subrogation. Each Loan Party agrees that no payment or distribution to the Administrative Agent or the Lenders
pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Full. 
 9. Instruments Evidencing Subordinated Indebtedness. Each Company shall cause each instrument for borrowed money which now or hereafter evidences all or a portion of the Subordinated Indebtedness
to be conspicuously marked as follows: 
 “This instrument is subject to the terms of the CNX Gas
Intercompany Subordination Agreement dated as of April 12, 2011, in favor of PNC BANK, NATIONAL ASSOCIATION, as Administrative Agent for the Lenders referred to therein, which Intercompany Subordination Agreement is incorporated herein by
reference. Notwithstanding any contrary statement contained in the within instrument, no payment on account of the principal thereof or interest thereon shall become due or payable except in accordance with the express terms of said Intercompany
Subordination Agreement.” 
 Each Company will further mark its books of account in such a manner as shall be effective to give proper
notice of the effect of this Agreement. 
 10. Agreement Solely to Define Relative Rights. The purpose of this Agreement
is solely to define the relative rights of the CNX Gas Loan Parties, on the one hand, and the Administrative Agent and the Lenders, on the other hand. Nothing contained in this Agreement is intended to or shall impair, as between any of the Loan
Parties and their creditors other than the Administrative Agent and the Lenders, the obligation of the Loan Parties to the CNX Gas Loan Parties to pay the principal of and interest on the Subordinated Indebtedness as and when the same shall become
due and payable in accordance with its terms, or is intended to or shall affect the relative rights among the Loan Parties and their creditors other than the Administrative Agent 

  
 -3-

 
and the Lenders, nor shall anything herein prevent any of the CNX Gas Loan Parties from exercising all remedies otherwise permitted by applicable Law upon default under any agreement pursuant to
which the Subordinated Indebtedness is created, subject to the rights, if any, under this Agreement of the Administrative Agent and the Lenders to receive cash, property or securities otherwise payable or deliverable with respect to the Subordinated
Indebtedness. 
 11. No Implied Waivers of Subordination. No right of the Administrative Agent or any Lender to enforce
subordination, as herein provided, shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Company or by any act or failure to act by the Administrative Agent or any Lender, or by any non-compliance by
any Company with the terms, provisions and covenants of any agreement pursuant to which the Subordinated Indebtedness is created, regardless of any knowledge thereof with which the Administrative Agent or any Lender may have or be otherwise charged.
Each CNX Gas Loan Party by its acceptance hereof shall agree that, so long as there is Senior Debt outstanding or Commitments in effect under the Credit Agreement, such CNX Gas Loan Party shall not agree to sell, assign, pledge, encumber or
otherwise dispose of, or agree to compromise, the obligations of the other Loan Parties with respect to their Subordinated Indebtedness, other than in accordance with the terms of the Credit Agreement, without the prior written consent of the
Required Lenders. 
 Without in any way limiting the generality of the foregoing paragraph, the Administrative Agent or any of
the Lenders may, at any time and from time to time, without the consent of or notice to any of the Companies except the Borrower to the extent provided in the Credit Agreement, without incurring responsibility to any of the Companies and without
impairing or releasing the subordination provided in this Agreement or the obligations hereunder of the Companies to the Administrative Agent and the Lenders, do any one or more of the following: (i) change the manner, place or terms of
payment, or extend the time of payment, renew or alter the Senior Debt or otherwise amend or supplement the Senior Debt or the Loan Documents; (ii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise
securing the Senior Debt; (iii) release any Person liable in any manner for the payment or collection of the Senior Debt; and (iv) exercise or refrain from exercising any rights against any of the Companies and any other person.

 12. Additional Subsidiaries of the Borrower. The Companies covenant and agree that they shall cause Subsidiaries of
CNX Gas created or acquired after the date of this Agreement and any other Subsidiaries in each case as required to join this Agreement under the terms of the Credit Agreement, to join in this Agreement and subordinate to the Senior Debt all
Subordinated Indebtedness owed to any CNX Gas Loan Party by any of the Loan Parties. 
 13. Continuing Force and Effect.
This Agreement shall continue in force until Payment In Full, it being contemplated that this Agreement be of a continuing nature. 
 14. Modification, Amendments or Waivers. Any and all agreements amending or changing any provision of this Agreement or the rights of the Administrative Agent or the Lenders hereunder, and any and
all waivers or consents to Events of Default or other departures from the due performance of any Company hereunder, shall be made only by written agreement, waiver or consent signed by the Administrative Agent, acting on behalf of all the Lenders,
with 

  
 -4-

 
the written consent of the Required Lenders, any such agreement, waiver or consent made with such written consent being effective to bind all the Lenders. 

15. Expenses. The Companies, unconditionally and jointly and severally, agree upon demand to pay to the Administrative Agent and
the Lenders the amount of any and all reasonable out-of-pocket costs, expenses and disbursements for which reimbursement is customarily obtained, including reasonable fees and expenses of counsel as set forth in Section 11.3 [Expenses, Etc.] of
the Credit Agreement. 
 16. Severability. The provisions of this Agreement are intended to be severable. If any
provision of this Agreement shall be held invalid or unenforceable in whole or in part in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such invalidity or unenforceability without in any manner
affecting the validity or enforceability thereof in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 
 17. Governing Law. This Agreement shall be deemed to be a contract under the Laws of the State of New York and for all purposes shall be governed by and construed and enforced in accordance with
the internal laws of the State of New York without regard to its conflict of laws principles. 
 18. Successors and
Assigns. This Agreement shall inure to the benefit of the Administrative Agent and the Lenders and their respective successors and assigns, and the obligations of each Company shall be binding upon their respective successors and permitted
assigns, except that no Company may assign or transfer its rights or obligations hereunder or any interest herein other than assignments and transfers permitted by the Credit Agreement. Except as permitted by the Credit Agreement, the duties and
obligations of the Companies may not be delegated or transferred by the Companies or any Company without the prior written consent of the Required Lenders, and any such delegation or transfer without such consent shall be null and void. Except to
the extent otherwise required by the context of this Agreement, the word “Lenders” when used herein shall include, without limitation, any holder of a Note or an assignment of rights therein originally issued to a Lender under the Credit
Agreement, and each such holder of a Note or assignment shall have the benefits of this Agreement to the same extent as if such holder had originally been a Lender under the Credit Agreement. 

19. Joint and Several Obligations. Each of the obligations of each and every Company under this Agreement is joint and several.
The Administrative Agent and the Lenders, or any of them, may, in their sole discretion, elect to enforce this Agreement against any Company without any duty or responsibility to pursue any other Company and such an election by the Administrative
Agent and the Lenders, or any of them, shall not be a defense to any action the Administrative Agent and the Lenders, or any of them, may elect to take against any Company. Each of the Lenders and the Administrative Agent hereby reserve all right
against each Company. 
 20. Counterparts. This Agreement may be executed by the different parties hereto on any number
of separate counterparts, each of which, when executed and delivered, shall be deemed an original, and all such counterparts shall together constitute one and the same instrument. 

  
 -5-

 21. Attorneys-in-Fact. Each Company hereby authorizes and empowers the Administrative
Agent, at the election of the Administrative Agent and in the name of either the Administrative Agent, for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, or in the name of each such Company as is
owed Subordinated Indebtedness, upon the occurrence and during the continuance of an Event of Default, to execute and file proofs and documents and take any other action the Administrative Agent may deem advisable to completely protect the
Administrative Agent’s and the Lenders’ interests in the Subordinated Indebtedness and the right of the Administrative Agent and the Lenders of enforcement thereof, and to that end each of the Companies hereby irrevocably makes,
constitutes and appoints the Administrative Agent, its officers, employees and agents, or any of them, with full power of substitution, as the true and lawful attorney-in-fact and agent of such Company, and with full power for such Company, and in
the name, place and stead of such Company for the purpose of carrying out the provisions of this Agreement and upon the occurrence and during the continuance of an Event of Default, taking any action and executing, delivering, filing and recording
any instruments which the Administrative Agent may deem necessary or advisable to accomplish the purposes hereof, which power of attorney, being given for security, is coupled with an interest and is irrevocable. Each Company hereby ratifies and
confirms, and agrees to ratify and confirm, all action taken by the Administrative Agent, its officers, employees or agents pursuant to the foregoing power of attorney. 
 22. Application of Payments. In the event any payments are received by the Administrative Agent under the terms of this Agreement for application to the Senior Debt at any time when the Senior Debt
has not been declared due and payable and prior to the date on which it would otherwise become due and payable, such payment shall constitute a voluntary prepayment of the Senior Debt for all purposes under the Credit Agreement. 

23. Remedies. In the event of a breach by any of the Companies in the performance of any of the terms of this Agreement, the
Administrative Agent, on behalf of the Lenders, may demand specific performance of this Agreement and seek injunctive relief and may exercise any other remedy available at law or in equity, it being recognized that the remedies of the Administrative
Agent on behalf of the Lenders at law may not fully compensate the Administrative Agent on behalf of the Lenders for the damages they may suffer in the event of a breach hereof. 

24. SUBMISSION TO JURISDICTION; WAIVER OF VENUE; SERVICE OF PROCESS. 

(a) SUBMISSION TO JURISDICTION. EACH COMPANY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO
THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR
PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE 

  
 -6-

 
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE
ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER OR THE ISSUING LENDER MAY
OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY COMPANY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(b) WAIVER OF VENUE. EACH COMPANY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN THIS SECTION 24. EACH OF THE PARTIES HERETO
HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT AND AGREES NOT ASSERT ANY SUCH DEFENSE. 

(c) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES
IN SECTION 11.5 [NOTICES; EFFECTIVENESS; ELECTRONIC COMMUNICATION] OF THE CREDIT AGREEMENT. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

25. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT
OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, ADMINISTRATIVE AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO
ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
SECTION. 
 26. Notices. All notices, statements, requests and demands and other communications given to or made upon
the Companies, the Administrative Agent or the Lenders in accordance 

  
 -7-

 
with the provisions of this Agreement shall be given or made in the manner as provided in Section 11.5.1 [Notices Generally] of the Credit Agreement. 

27. Rules of Construction. The rules of construction set forth in Section 1.2 [Construction] of the Credit Agreement shall
apply to this Agreement 
 [SIGNATURE PAGES FOLLOW] 

  
 -8-

 WITNESS the due execution hereof as of the day and year first above written. 

 

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

  

							
	LOAN PARTIES:
	
	CONSOL ENERGY HOLDINGS LLC VI
		
	By:	 	 
		 	John M. Reilly, Vice President and Treasurer of each Guarantor listed above on behalf of each such Guarantor
	
	TERRY EAGLE LIMITED PARTNERSHIP
		
	By:	 	TECPART Corporation, a general partner
			
		 	By:	 	 
		 		 	Name:	 	John M. Reilly
		 		 	Title:	 	Treasurer
		
	By:	 	TEAGLE Company, L.L.C., a general partner
			
		 	By:	 	 
		 		 	Name:	 	John M. Reilly
		 		 	Title:	 	Treasurer

 [SIGNATURE PAGE - CNX GAS
INTERCOMPANY SUBORDINATION AGREEMENT] 

 
	
	LOAN PARTIES:
	
	 AMVEST COAL & RAIL, L.L.C.
 AMVEST COAL SALES, INC.
 AMVEST CORPORATION

AMVEST GAS RESOURCES, INC.
 AMVEST
MINERAL SERVICES, INC.
 AMVEST MINERALS COMPANY, L.L.C.
 AMVEST OIL & GAS, INC.
 AMVEST WEST VIRGINIA COAL, L.L.C.

BRAXTON-CLAY LAND & MINERAL, INC.

CNX LAND RESOURCES INC.
 CNX MARINE
TERMINALS INC.
 CONSOL ENERGY SALES COMPANY
 CONSOL OF CANADA INC.
 CONSOL OF CENTRAL PENNSYLVANIA LLC

CONSOL OF KENTUCKY INC.
 CONSOL OF OHIO
LLC
 CONSOL OF WV LLC

CONSOL OF WYOMING LLC
 CONSOL
PENNSYLVANIA COAL COMPANY LLC
 FOLA COAL COMPANY, L.L.C.
 GLAMORGAN COAL COMPANY, L.L.C.
 LEATHERWOOD, INC.

LITTLE EAGLE COAL COMPANY, L.L.C.
 MON
RIVER TOWING, INC.
 MTB INC.

NICHOLAS-CLAY LAND & MINERAL, INC.

PETERS CREEK MINERAL SERVICES, INC.

RESERVE COAL PROPERTIES COMPANY

ROCHESTER & PITTSBURGH COAL COMPANY
 TEAGLE COMPANY, L.L.C.
 TECPART CORPORATION

TERRA FIRMA COMPANY
 TERRY EAGLE COAL
COMPANY, L.L.C.

 [SIGNATURE PAGE - CNX GAS INTERCOMPANY SUBORDINATION AGREEMENT] 

 
					
	 VAUGHAN RAILROAD COMPANY
 WOLFPEN KNOB DEVELOPMENT COMPANY

		
	By:	 	 
		 	John M. Reilly, Treasurer of each Guarantor listed above on behalf of each such Guarantor
	
	LOAN PARTIES:
	
	 CENTRAL OHIO COAL COMPANY
 CONSOLIDATION COAL COMPANY
 EIGHTY-FOUR MINING COMPANY

HELVETIA COAL COMPANY
 ISLAND CREEK
COAL COMPANY
 KEYSTONE COAL MINING CORPORATION
 LAUREL RUN MINING COMPANY
 McELROY COAL COMPANY

SOUTHERN OHIO COAL COMPANY
 TWIN RIVERS
TOWING COMPANY
 WINDSOR COAL COMPANY

		
	By:	 	 
		 	 Daniel S. Cangilla, Treasurer of each Guarantor listed above on behalf of each such Guarantor

	
	CONRHEIN COAL COMPANY
		
	By:	 	Consolidation Coal Company, a general partner
		
	By:	 	 
		 	Name:	 	Daniel S. Cangilla
		 	Title:	 	Treasurer

 [SIGNATURE PAGE - CNX GAS
INTERCOMPANY SUBORDINATION AGREEMENT] 

 
					
	LOAN PARTIES:
	
	CONSOL FINANCIAL INC.
		
	By:	 	 
		 	Name:	 	Christopher C. Jones
		 	Title:	 	Vice President and Secretary

[SIGNATURE PAGE - CNX GAS INTERCOMPANY SUBORDINATION AGREEMENT] 

 
					
		 	CNX GAS LOAN PARTIES:
		
		 	CNX GAS CORPORATION
		
	By:	 	 
		 	Name:	 	 
		 	Title:	 	 
		
		 	CNX GAS COMPANY LLC
		
	By:	 	 
		 	Name:	 	 
		 	Title:	 	 
		
		 	CARDINAL STATES GATHERING COMPANY
		
	By:	 	CNX Gas Company LLC, as Partnership Manager
		
	By:	 	 
		 	Name:	 	 
		 	Title:	 	 
		
		 	KNOX ENERGY, LLC
		
	By:	 	 
		 	Name:	 	 
		 	Title:	 	 

 [SIGNATURE PAGE - CNX GAS
INTERCOMPANY SUBORDINATION AGREEMENT] 

 
					
		 	COALFIELD PIPELINE COMPANY
		
	By:	 	 
		 	Name:	 	 
		 	Title:	 	 
		
		 	MOB CORPORATION
		
	By:	 	 
		 	Name:	 	 
		 	Title:	 	 

 [SIGNATURE PAGE - CNX GAS
INTERCOMPANY SUBORDINATION AGREEMENT] 

 
					
	ADMINISTRATIVE AGENT:
	
	PNC BANK, NATIONAL ASSOCIATION, individually and as Administrative Agent
		
	By:	 	 
		 	Name:	 	Richard C. Munsick
		 	Title:	 	Senior Vice President

 [SIGNATURE
PAGE - CNX GAS INTERCOMPANY SUBORDINATION AGREEMENT] 

 EXHIBIT 1.1(I)(3) 

FORM OF 

AMENDED AND RESTATED 
 INTERCOMPANY SUBORDINATION AGREEMENT 
 THIS AMENDED AND RESTATED
INTERCOMPANY SUBORDINATION AGREEMENT (this “Agreement”) is dated as of April 12, 2011 and is made by and among CONSOL ENERGY INC., a Delaware corporation (“CEI” or the “Borrower”), each other
Loan Party now or hereafter party hereto (CEI and each other Loan Party being individually referred to herein as a “Company” and collectively as the “Companies”), and PNC BANK, NATIONAL ASSOCIATION, as
administrative agent (the “Administrative Agent”), for the Lenders (as defined below). 
 WITNESSETH THAT:

 WHEREAS, reference is made to that certain Amended and Restated Intercompany Subordination Agreement, dated as of May 7,
2010, made by and between CEI, the guarantors party thereto, the “Companies” (as defined therein) party thereto and PNC Bank, National Association, in its capacity as Paying Agent (the “Existing Subordination Agreement”);

 WHEREAS, pursuant to the Amended and Restated Credit Agreement, dated as of even date herewith, by and among the Borrower,
the guarantors now or hereafter a party thereto, the lenders now or hereafter a party thereto (the “Lenders”), PNC Bank, National Association, as Administrative Agent, and Bank of America, N.A., as Syndication Agent (the
“Credit Agreement”, each capitalized term used herein shall, unless otherwise defined herein, have the meaning specified in the Credit Agreement), the Administrative Agent and the Lenders agreed to provide certain loans and other
financial accommodations to the Borrower; 
 WHEREAS, the Companies have or, in the future, may have liabilities, obligations or
indebtedness owed to each other (the liabilities, obligations and indebtedness of each of the Companies to any other Company, now existing or hereafter incurred (whether created directly or acquired by assignment or otherwise), and interest and
premiums, if any, thereon and other amounts payable in respect thereof and all other obligations and other amounts payable by any Company to any other Company (other than the Borrower) are hereinafter collectively referred to as the
“Subordinated Indebtedness”); 
 WHEREAS, the obligations of the Lenders to maintain the Commitments and make
Loans to, and issue Letters of Credit on behalf of, the Borrower from time to time are subject to the condition, among others, that the Companies subordinate the Subordinated Indebtedness to the Obligations of the Borrower or any other Company to
the Administrative Agent or the Lenders pursuant to the Credit Agreement, the other Loan Documents, or any Specified Swap Agreement or Other Lender Provided Financial Service Product (collectively, the “Senior Debt”) in the manner
set forth herein; and 

 WHEREAS, pursuant to the Credit Agreement, the Lenders have agreed to maintain the
Commitments and continue to make Loans to and issue Letters of Credit on behalf of, the Borrower and its Subsidiaries, and the parties desire to amend and restate the Existing Subordination Agreement as set forth herein. 

NOW, THEREFORE, intending to be legally bound hereby, the parties hereto covenant and agree as follows: 

1. Subordinated Indebtedness Subordinated to Senior Debt. The recitals set forth above are hereby incorporated by reference. All
Subordinated Indebtedness shall be subordinate and subject in right of payment to the prior Payment In Full. 
 2. Payment
Over of Proceeds Upon Dissolution, Etc. Upon any distribution of assets of any Company in the event of (a) any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding
in connection therewith, relative to any such Company or to its creditors, as such, or to its assets, or (b) any liquidation, dissolution or other winding up of any such Company, whether voluntary or involuntary and whether or not involving
insolvency or bankruptcy, or (c) any assignment for the benefit of creditors or any marshalling of assets and liabilities of any such Company (a Company distributing assets as set forth herein being referred to in such capacity as a
“Distributing Company”), then and in any such event, the Administrative Agent shall be entitled to receive, for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, Payment In Full
(whether or not an Event of Default has occurred under the terms of the Loan Documents or the Senior Debt has been declared due and payable prior to the date on which it would otherwise have become due and payable) before the holder of any
Subordinated Indebtedness owed by the Distributing Company is entitled to receive any payment on account of the principal of or interest on such Subordinated Indebtedness, and, to that end, the Administrative Agent shall be entitled to receive, for
application to the payment of the Senior Debt, any payment or distribution of any kind or character, whether in cash, property or securities, which may be payable or deliverable in respect of the Subordinated Indebtedness owed by the Distributing
Company in any such case, proceeding, dissolution, liquidation or other winding up event. 
 3. No Commencement of Any
Proceeding. Each Company agrees that, so long as the Senior Debt shall remain unpaid, it will not commence, or join with any creditor other than the Lenders and the Administrative Agent in commencing, any proceeding, including but not limited to
those described in Section 2 hereof, or other enforcement action of any kind against any other Company which owes it any Subordinated Indebtedness. 
 4. Prior Payment in Full of Senior Debt Upon Acceleration of Subordinated Indebtedness. If any portion of the Subordinated Indebtedness owed by any Company becomes or is declared due and payable
before its stated maturity, then and in such event the Administrative Agent and the Lenders shall be entitled to receive Payment In Full (whether or not an Event of Default has occurred under the terms of the Loan Documents or the Senior Debt has
been declared due and payable prior to the date on which it would otherwise have become due and payable) before the holder of any such Subordinated Indebtedness is entitled to receive any payment thereon. 

  
 -2-

 5. No Payment When Senior Debt in Default. With respect to Subordinated Indebtedness
for borrowed money, if any Event of Default shall have occurred and be continuing, or such an Event of Default would result from or exist after giving effect to a payment with respect to any portion of the Subordinated Indebtedness, unless the
Required Lenders shall have consented to or waived the same, so long as any of the Senior Debt shall remain outstanding, no payment shall be made by any Company owing Subordinated Indebtedness on account of principal or interest on any portion of
the Subordinated Indebtedness for borrowed money. No payment shall be made by any Company owing any Subordinated Indebtedness other than for borrowed money of such Subordinated Indebtedness after the earlier of (i) any proceeding described in
clause (a) or (c) of Section 2 hereof or (ii) the declaration of the Senior Debt as due and payable before its stated maturity. 
 6. Payment Permitted if No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in
Sections 2, 4 and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of
or on account of the principal of or interest on the Subordinated Indebtedness. 
 7. Receipt of Prohibited Payments. If,
notwithstanding the foregoing provisions of Sections 2, 4, 5 and 6, a Company which is owed Subordinated Indebtedness by a Distributing Company shall have received any payment or distribution of assets from the Distributing Company of any kind or
character, whether in cash, property or securities, then and in such event such payment or distribution shall be held in trust for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, shall be segregated
from other funds and property held by such Company, and shall be forthwith paid over to the Administrative Agent in the same form as so received (with any necessary endorsement) to be applied (in the case of cash) to or held as collateral (in the
case of noncash property or securities) for the payment or prepayment of the Senior Debt in accordance with the terms of the Credit Agreement, the other Loan Documents, the Specified Swap Agreements and the Other Lender Provided Financial Service
Products. 
 8. Rights of Subrogation. Each Company agrees that no payment or distribution to the Administrative Agent or
the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Full. 
 9. Instruments Evidencing Subordinated Indebtedness. Each Company shall cause each instrument for borrowed money which now or hereafter evidences all or a portion of the Subordinated Indebtedness
to be conspicuously marked as follows: 
 “This instrument is subject to the terms of an Amended and
Restated Intercompany Subordination Agreement dated as of April 12, 2011 in favor of PNC BANK, NATIONAL ASSOCIATION, as Administrative Agent for the Lenders referred to therein, which Intercompany Subordination Agreement is incorporated herein
by reference. Notwithstanding any contrary statement contained in the within instrument, no payment on account of the principal thereof or interest thereon shall become due or payable except in accordance with the express terms of said Intercompany
Subordination Agreement.” 

  
 -3-

 Each Company will further mark its books of account in such a manner as shall be effective to give proper
notice of the effect of this Agreement. 
 10. Agreement Solely to Define Relative Rights. The purpose of this Agreement
is solely to define the relative rights of the Companies, on the one hand, and the Administrative Agent and the Lenders, on the other hand. Nothing contained in this Agreement is intended to or shall impair, as between any of the Companies and their
creditors other than the Administrative Agent and the Lenders, the obligation of the Companies to each other to pay the principal of and interest on the Subordinated Indebtedness as and when the same shall become due and payable in accordance with
its terms, or is intended to or shall affect the relative rights among the Companies and their creditors other than the Administrative Agent and the Lenders, nor shall anything herein prevent any of the Companies from exercising all remedies
otherwise permitted by applicable Law upon default under any agreement pursuant to which the Subordinated Indebtedness is created, subject to the rights, if any, under this Agreement of the Administrative Agent and the Lenders to receive cash,
property or securities otherwise payable or deliverable with respect to the Subordinated Indebtedness. 
 11. No Implied
Waivers of Subordination. No right of the Administrative Agent or any Lender to enforce subordination, as herein provided, shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Company or by any
act or failure to act by the Administrative Agent or any Lender, or by any non-compliance by any Company with the terms, provisions and covenants of any agreement pursuant to which the Subordinated Indebtedness is created, regardless of any
knowledge thereof with which the Administrative Agent or any Lender may have or be otherwise charged. Each Company by its acceptance hereof shall agree that, so long as there is Senior Debt outstanding or Commitments in effect under the Credit
Agreement, such Company shall not agree to sell, assign, pledge, encumber or otherwise dispose of, or agree to compromise, the obligations of the other Companies with respect to their Subordinated Indebtedness, other than in accordance with the
terms of the Credit Agreement, without the prior written consent of the Required Lenders. 
 Without in any way limiting the
generality of the foregoing paragraph, the Administrative Agent or any of the Lenders may, at any time and from time to time, without the consent of or notice to any of the Companies except CEI to the extent provided in the Credit Agreement, without
incurring responsibility to any of the Companies and without impairing or releasing the subordination provided in this Agreement or the obligations hereunder of the Companies to the Administrative Agent and the Lenders, do any one or more of the
following: (i) change the manner, place or terms of payment, or extend the time of payment, renew or alter the Senior Debt or otherwise amend or supplement the Senior Debt or the Loan Documents; (ii) sell, exchange, release or otherwise
deal with any property pledged, mortgaged or otherwise securing the Senior Debt; (iii) release any Person liable in any manner for the payment or collection of the Senior Debt; and (iv) exercise or refrain from exercising any rights
against any of the Companies and any other person. 
 12. Additional Subsidiaries of CEI. The Companies covenant and
agree that they shall cause Subsidiaries of CEI created or acquired after the date of this Agreement and any other Subsidiaries in each case as required to join this Agreement under the terms of the Credit Agreement, to join in this Agreement and
subordinate to the Senior Debt all Subordinated 

  
 -4-

 
Indebtedness owed to any such Subsidiary by any of the Companies or by any other Subsidiary hereafter created or acquired and joined to this Agreement, such joinder to be effected under the
Guarantor Joinder in the form of Exhibit 1.1(G)(1) to the Credit Agreement. 
 13. Continuing Force and Effect.
This Agreement shall continue in force until Payment In Full, it being contemplated that this Agreement be of a continuing nature. 
 14. Modification, Amendments or Waivers. Any and all agreements amending or changing any provision of this Agreement or the rights of the Administrative Agent or the Lenders hereunder, and any and
all waivers or consents to Events of Default or other departures from the due performance of any Company hereunder, shall be made only by written agreement, waiver or consent signed by the Administrative Agent, acting on behalf of all the Lenders,
with the written consent of the Required Lenders, any such agreement, waiver or consent made with such written consent being effective to bind all the Lenders. 
 15. Expenses. The Companies, unconditionally and jointly and severally, agree upon demand to pay to the Administrative Agent and the Lenders the amount of any and all reasonable out-of-pocket
costs, expenses and disbursements for which reimbursement is customarily obtained, including reasonable fees and expenses of counsel as set forth in Section 11.3 [Expenses, Etc.] of the Credit Agreement. 

16. Severability. The provisions of this Agreement are intended to be severable. If any provision of this Agreement shall be held
invalid or unenforceable in whole or in part in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such invalidity or unenforceability without in any manner affecting the validity or enforceability
thereof in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 
 17. Governing Law. This
Agreement shall be deemed to be a contract under the Laws of the State of New York and for all purposes shall be governed by and construed and enforced in accordance with the internal laws of the State of New York without regard to its conflict of
laws principles. 
 18. Successors and Assigns. This Agreement shall inure to the benefit of the Administrative Agent and
the Lenders and their respective successors and assigns, and the obligations of each Company shall be binding upon their respective successors and permitted assigns, except that no Company may assign or transfer its rights or obligations hereunder
or any interest herein other than assignments and transfers permitted by the Credit Agreement. Except as permitted by the Credit Agreement, the duties and obligations of the Companies may not be delegated or transferred by the Companies or any
Company without the prior written consent of the Required Lenders, and any such delegation or transfer without such consent shall be null and void. Except to the extent otherwise required by the context of this Agreement, the word
“Lenders” when used herein shall include, without limitation, any holder of a Note or an assignment of rights therein originally issued to a Lender under the Credit Agreement, and each such holder of a Note or assignment shall have the
benefits of this Agreement to the same extent as if such holder had originally been a Lender under the Credit Agreement. 

  
 -5-

 19. Joint and Several Obligations. Each of the obligations of each and every Company
under this Agreement is joint and several. The Administrative Agent and the Lenders, or any of them, may, in their sole discretion, elect to enforce this Agreement against any Company without any duty or responsibility to pursue any other Company
and such an election by the Administrative Agent and the Lenders, or any of them, shall not be a defense to any action the Administrative Agent and the Lenders, or any of them, may elect to take against any Company. Each of the Lenders and the
Administrative Agent hereby reserve all right against each Company. 
 20. Counterparts. This Agreement may be executed
by the different parties hereto on any number of separate counterparts, each of which, when executed and delivered, shall be deemed an original, and all such counterparts shall together constitute one and the same instrument. 

21. Attorneys-in-Fact. Each Company hereby authorizes and empowers the Administrative Agent, at the election of the Administrative
Agent and in the name of either the Administrative Agent, for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, or in the name of each such Company as is owed Subordinated Indebtedness, upon the
occurrence and during the continuance of an Event of Default, to execute and file proofs and documents and take any other action the Administrative Agent may deem advisable to completely protect the Administrative Agent’s and the Lenders’
interests in the Subordinated Indebtedness and the right of the Administrative Agent and the Lenders of enforcement thereof, and to that end each of the Companies hereby irrevocably makes, constitutes and appoints the Administrative Agent, its
officers, employees and agents, or any of them, with full power of substitution, as the true and lawful attorney-in-fact and agent of such Company, and with full power for such Company, and in the name, place and stead of such Company for the
purpose of carrying out the provisions of this Agreement and upon the occurrence and during the continuance of an Event of Default, taking any action and executing, delivering, filing and recording any instruments which the Administrative Agent may
deem necessary or advisable to accomplish the purposes hereof, which power of attorney, being given for security, is coupled with an interest and is irrevocable. Each Company hereby ratifies and confirms, and agrees to ratify and confirm, all action
taken by the Administrative Agent, its officers, employees or agents pursuant to the foregoing power of attorney. 
 22.
Application of Payments. In the event any payments are received by the Administrative Agent under the terms of this Agreement for application to the Senior Debt at any time when the Senior Debt has not been declared due and payable and prior
to the date on which it would otherwise become due and payable, such payment shall constitute a voluntary prepayment of the Senior Debt for all purposes under the Credit Agreement. 

23. Remedies. In the event of a breach by any of the Companies in the performance of any of the terms of this Agreement, the
Administrative Agent, on behalf of the Lenders, may demand specific performance of this Agreement and seek injunctive relief and may exercise any other remedy available at law or in equity, it being recognized that the remedies of the Administrative
Agent on behalf of the Lenders at law may not fully compensate the Administrative Agent on behalf of the Lenders for the damages they may suffer in the event of a breach hereof. 

  
 -6-

 24. SUBMISSION TO JURISDICTION; WAIVER OF VENUE; SERVICE OF PROCESS.

 (a) SUBMISSION TO JURISDICTION. EACH COMPANY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS
PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH
ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING
SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER
OR THE ISSUING LENDER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY COMPANY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(b) WAIVER OF VENUE. EACH COMPANY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN THIS SECTION 24. EACH OF THE PARTIES HERETO
HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT AND AGREES NOT ASSERT ANY SUCH DEFENSE. 

(c) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES
IN SECTION 11.5 [NOTICES; EFFECTIVENESS; ELECTRONIC COMMUNICATION] OF THE CREDIT AGREEMENT. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

25. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR 

  
 -7-

 
RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO
(A) CERTIFIES THAT NO REPRESENTATIVE, ADMINISTRATIVE AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
(B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

26. Notices. All notices, statements, requests and demands and other communications given to or made upon the Companies, the
Administrative Agent or the Lenders in accordance with the provisions of this Agreement shall be given or made in the manner as provided in Section 11.5.1 [Notices Generally] of the Credit Agreement. 

27. Amendment and Restatement; No Novation. This Agreement amends and restates the Existing Subordination Agreement. This
Agreement is not intended to constitute, and does not constitute, an interruption, suspension of continuity, discharge of prior duties, termination, novation or satisfaction of the obligations or liabilities represented by the Existing Subordination
Agreement. This Agreement is entitled to all of the rights and benefits originally pertaining to the Existing Subordination Agreement and such rights as such rights and benefits may have been amended as provided in the Credit Agreement. 

28. Rules of Construction. The rules of construction set forth in Section 1.2 [Construction] of the Credit Agreement shall
apply to this Agreement. 
 [SIGNATURE PAGES FOLLOW] 

  
 -8-

 WITNESS the due execution hereof as of the day and year first above written. 

 

					
	BORROWER:
	
	CONSOL ENERGY INC.
		
	By:	 	 
		 	Name:	 	John M. Reilly
		 	Title:	 	Vice President and Treasurer
	
	LOAN PARTIES:
	
	 CONSOL ENERGY HOLDINGS LLC VI
 CONSOL GAS COMPANY

		
	By:	 	 
		 	John M. Reilly, Vice President and Treasurer of each Guarantor listed above on behalf of each such Guarantor
	
	TERRY EAGLE LIMITED PARTNERSHIP
		
	By:	 	TECPART Corporation, a general partner
		
	By:	 	 
		 	Name:	 	John M. Reilly
		 	Title:	 	Treasurer
		
	By:	 	TEAGLE Company, L.L.C., a general partner
		
	By:	 	 
		 	Name:	 	John M. Reilly
		 	Title:	 	Treasurer

 [SIGNATURE PAGE - AMENDED
AND RESTATED INTERCOMPANY SUBORDINATION AGREEMENT] 

 
	
	GUARANTORS:
	
	 AMVEST COAL & RAIL, L.L.C.
 AMVEST COAL SALES, INC.
 AMVEST CORPORATION

AMVEST GAS RESOURCES, INC.
 AMVEST
MINERAL SERVICES, INC.
 AMVEST MINERALS COMPANY, L.L.C.
 AMVEST OIL & GAS, INC.
 AMVEST WEST VIRGINIA COAL, L.L.C.

BRAXTON-CLAY LAND & MINERAL, INC.

CNX LAND RESOURCES INC.
 CNX MARINE
TERMINALS INC.
 CONSOL ENERGY SALES COMPANY
 CONSOL OF CANADA INC.
 CONSOL OF CENTRAL PENNSYLVANIA LLC

CONSOL OF KENTUCKY INC.
 CONSOL OF OHIO
LLC
 CONSOL OF WV LLC

CONSOL OF WYOMING LLC
 CONSOL
PENNSYLVANIA COAL COMPANY LLC
 FOLA COAL COMPANY, L.L.C.
 GLAMORGAN COAL COMPANY, L.L.C.
 LEATHERWOOD, INC.

LITTLE EAGLE COAL COMPANY, L.L.C.
 MON
RIVER TOWING, INC.
 MTB INC.

NICHOLAS-CLAY LAND & MINERAL, INC.

PETERS CREEK MINERAL SERVICES, INC.

RESERVE COAL PROPERTIES COMPANY

ROCHESTER & PITTSBURGH COAL COMPANY
 TEAGLE COMPANY, L.L.C.
 TECPART CORPORATION

TERRA FIRMA COMPANY
 TERRY EAGLE COAL
COMPANY, L.L.C.

 [SIGNATURE PAGE - AMENDED AND RESTATED INTERCOMPANY SUBORDINATION AGREEMENT]

 
					
	VAUGHAN RAILROAD COMPANY
	WOLFPEN KNOB DEVELOPMENT COMPANY
		
	By:	 	 
		 	John M. Reilly, Treasurer of each Guarantor listed above on behalf of each such Guarantor
	
	GUARANTORS:
	
	 CENTRAL OHIO COAL COMPANY
 CONSOLIDATION COAL COMPANY
 EIGHTY-FOUR MINING COMPANY

HELVETIA COAL COMPANY
 ISLAND CREEK
COAL COMPANY
 KEYSTONE COAL MINING CORPORATION
 LAUREL RUN MINING COMPANY
 McELROY COAL COMPANY

SOUTHERN OHIO COAL COMPANY
 TWIN RIVERS
TOWING COMPANY
 WINDSOR COAL COMPANY

		
	By:	 	 
		 	Daniel S. Cangilla, Treasurer of each Guarantor listed above on behalf of each such Guarantor
	
	CONRHEIN COAL COMPANY
		
	By:	 	Consolidation Coal Company, a general partner
		
	By:	 	 
		 	Name:	 	Daniel S. Cangilla
		 	Title:	 	Treasurer

 [SIGNATURE PAGE - AMENDED
AND RESTATED INTERCOMPANY SUBORDINATION AGREEMENT] 

 
					
	GUARANTOR:
	
	CONSOL FINANCIAL INC.
		
	By:	 	 
		 	Name:	 	Christopher C. Jones
		 	Title:	 	Vice President and Secretary

[SIGNATURE PAGE - AMENDED AND RESTATED INTERCOMPANY SUBORDINATION AGREEMENT] 

 
					
	ADMINISTRATIVE AGENT:
	
	PNC BANK, NATIONAL ASSOCIATION, individually and as Administrative Agent
		
	By:	 	 
		 	Name:	 	Richard C. Munsick
		 	Title:	 	Senior Vice President

 [SIGNATURE
PAGE - AMENDED AND RESTATED INTERCOMPANY SUBORDINATION AGREEMENT] 

 EXHIBIT 1.1(M) 

OPEN-END MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF RENTS 
 AND LEASES, FINANCING STATEMENT AND FIXTURE FILING (PENNSYLVANIA) 
 (THIS
MORTGAGE SECURES FUTURE ADVANCES) 
 by and from 

                     
       . 
 “Mortgagor” 

to 
  

					
	 	  	PNC BANK, NATIONAL ASSOCIATION,	  	 
	as Collateral Trustee, as “Mortgagee”	  	 
			
	 	  	Dated
                                         
                   	  	 
			
	 	  	 Location:

County:
 State:
Pennsylvania
	  	 
			
		  	I HEREBY CERTIFY THAT THE PRECISE ADDRESS OF MORTGAGEE IS:	  	
			
		  	 PNC Bank, National Association, as Collateral Trustee Rodney Square North

1100 North Market Street
 Wilmington,
DE 19890
	  	
			
		  	By:
                                         
               	  	
		  	       Agent	  	

 NOTE TO RECORDER: THIS MORTGAGE CONSTITUTES A FIXTURE FILING AND COVERS AS- 

EXTRACTED COLLATERAL UNDER THE UCC (AS DEFINED HEREIN) AND IS TO BE CROSS- 

REFERENCED IN THE UCC RECORDS. 
 THE SECURED PARTY (MORTGAGEE) DESIRES THIS FIXTURE FILING AND FINANCING 

STATEMENT COVERING AS-EXTRACTED COLLATERAL TO BE INDEXED AGAINST THE RECORD 

OWNER OF THE REAL ESTATE DESCRIBED HEREIN. 
 PREPARED BY, RECORDING REQUESTED BY, 
 AND WHEN RECORDED MAIL TO:

 Cahill Gordon & Reindel LLP 

80 Pine Street 
 New York, New York 10005 
 Attention: Athy A. Mobilia, Esq.

 OPEN-END MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF RENTS 

AND LEASES, FINANCING STATEMENT AND FIXTURE FILING (PENNSYLVANIA) 

THIS MORTGAGE SECURES FUTURE ADVANCES 
 THIS OPEN-END MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF RENTS AND LEASES, FINANCING STATEMENT AND FIXTURE FILING (this “Mortgage”) is made and executed the
         day of                         , to be delivered and effective
            ,                         , and is made and
delivered by
                                        ,
a                                       , whose
address is c/o Consol Energy, Inc., CNX Center, 1000 CONSOL Energy Drive, Canonsburg, PA 15317 (“Mortgagor”), to PNC BANK, NATIONAL ASSOCIATION, as Collateral Trustee pursuant to that certain Collateral Trust Agreement dated
as of May 7, 2010, as assigned pursuant to that certain Successor Agent Agreement entered into as of April 12, 2011 (in such capacity, together with any successor or assign, “Collateral Trustee”), having an address
One PNC Plaza, 249 Fifth Avenue, Pittsburgh, Pennsylvania 15222, Attention: Richard C. Munsick, Senior Vice President, (Collateral Trustee, together with its successors and assigns, “Mortgagee”). 

This Mortgage is an Open-End Mortgage as defined in § 8143(f) of Title 42 of the Pennsylvania Consolidated Statutes, and as such is
entitled to the benefits of the Open-End Mortgage Act (the “Act”) as codified at 42 Pa. C.S.A. § 8143 et seq. The parties to this Mortgage intend that, in addition to the Secured Debt (as hereinafter defined),
this Mortgage shall secure unpaid balances of future advances made or incurred after this Mortgage is left for record with the Recorder’s Office of
                                 County, Pennsylvania. The maximum amount of the
principal of the Secured Debt (which shall consist of unpaid balances of loan advances made either before or after, or both before and after, this Mortgage is left for record) that may be outstanding at any time is Four Billion Dollars
($4,000,000,000), plus accrued and unpaid interest thereon. In addition to the obligations of Mortgagor with respect to such Secured Debt and interest, this Mortgage secures unpaid balances of advances made with respect to the Mortgaged Property
(defined below) for the payment of taxes, assessments, maintenance charges, insurance premiums and costs incurred for the protection and preservation of the Mortgaged Property or the lien of this Mortgage, including without limitation those
permitted by 42 Pa. C.S.A. § 8144, and costs and expenses, including attorneys’ fees, court costs and disbursements, incurred by Mortgagee by reason of default by Mortgagor with respect to any portion of the Secured Debt. 

Notices pursuant to the Act shall be delivered to: 
 PNC Bank, National Association 
 One PNC Plaza 

249 Fifth Avenue 
 Pittsburgh, Pennsylvania 15222 
 Attention: Richard C. Munsick, Senior Vice
President 
 Telephone: (412) 762-4299 
 Telecopy: (412) 762-648 
 ARTICLE I 

DEFINITIONS 
 Section 1.1 Use of Capitalized Terms. All capitalized terms used herein without definition shall have the respective meanings ascribed to them in the Credit Agreement. 

Section 1.2 Definitions. The following terms used in this Mortgage shall have the meanings set forth: 

(a) “Actionable Default”: means (i) an “Event of Default” under and as defined by the Credit
Agreement; or (ii) a default under the terms of the Collateral Trust Agreement; or (iii) Mortgagor shall at any time deliver or cause to be delivered to Mortgagee or to Credit Facility Agent a notice pursuant to 42 Pa. C.S.A.
§ 8143 electing to limit the indebtedness secured by this Mortgage. 
 (b) “Bank”: shall mean
PNC Bank, National Association, in its individual capacity. 

 (c) “Borrower”: shall mean CONSOL Energy Inc., a Delaware
corporation. 
 (d) “Collateral Trust Agreement” shall mean that certain Amended and Restated Collateral
Trust Agreement, dated as of May 7, 2010, as assigned as of April 12, 2011, by and among the Collateral Trustee herein, the Borrower, and the Guarantors, including without limitation, Mortgagor, as the same may hereafter be further
amended, restated, supplemented, modified or replaced from time to time. 
 (e) “Credit Agreement” shall
mean that certain Amended and Restated Credit Agreement, dated as of April 12, 2011, by and among Borrower, PNC Bank, National Association, as Administrative Agent, Bank of America, N.A., as Syndication Agent, the Lenders described therein and
the Guarantors party thereto, as the same may be further amended, restated, supplemented, modified or replaced from time to time. 
 (f) “Credit Facility Agent”: shall mean PNC Bank, National Association, as Administrative Agent under the Credit Agreement. 

(g) “Guarantors”: shall mean all Subsidiaries of the Borrower other than Excluded Subsidiaries. 

(h) Intentionally Omitted 
 (i) “Lenders”: shall mean those financial institutions from time to time identified as Lenders pursuant to the Credit Agreement, and their respective successors and assigns.

 (j) “Loan Parties” shall mean Borrower, Mortgagor and the other Guarantors. 

(k) “Mortgaged Property”: All of Mortgagor’s right, title and interest in and to, (1) the fee interests
in the real property identified at Exhibit A and Exhibit B attached hereto and incorporated herein, by this reference, or, to the extent applicable, the fee interest in the surface of such real property, in each case together with any
greater estate therein as hereafter may be acquired by Mortgagor (the “Owned Land”), (2) the leasehold interest in the real property demised pursuant to the agreements identified at Exhibit A and Exhibit B
hereto and incorporated herein by this reference (as such agreements may be amended, amended and restated, supplemented or otherwise modified from time to time, each such agreement, a “Mortgaged Lease” and collectively the
“Mortgaged Leases”), together with any greater estate therein as hereafter may be acquired by Mortgagor (the “Leased Land”) (3) the other real property interests identified at Exhibit C
hereto (the “Other Property”), provided that title to the Other Property is not warranted herein, and provided further, the Other Property excludes any enclosed Improvements of any kind located thereon (the Owned Land,
the Leased Land and the Other Property are sometimes referred to herein collectively as the “Land”), (4) the active mine property which constitutes Owned Land and Leased Land identified at Exhibit D hereto, the
Mineral Interests in which are being actively operated, but with respect to which, title is not warranted herein; (5) all minerals owned by Mortgagor or leased to Mortgagor (whether pursuant to the Mortgaged Leases or otherwise) and located
upon, under and in the Land (including, without limitation, coal, oil, gas and other solid, liquid and gaseous hydrocarbons as well as limestone included within the Land in place and as produced and extracted), and all rights, privileges, titles and
interests appurtenant and relating thereto and in connection therewith (including, without limitation, rights, privileges, titles and interests for the development, production, extraction, processing, treatment, storage, transportation and sale and
other disposition of minerals and all contracts and other agreements relating to such activities as well as all accounts, accounts receivable, contract rights, other rights to the payments of monies, chattel paper and general intangibles arising
from or relating to such activities) (collectively, the “Mineral Interests”), (6) all improvements now owned or hereafter acquired by Mortgagor, now or at any time situated, placed or constructed upon the Land (the
“Improvements”; the Land and Improvements are collectively referred to as the “Premises”), (7) all materials, supplies, equipment, apparatus and other items of personal property now owned or
hereafter acquired by Mortgagor and now or hereafter attached to or installed in any of the Improvements or the Land, and water, gas, electrical, telephone, storm and sanitary sewer facilities and all other utilities whether or not situated in
easements (the “Fixtures”), (8) all goods, accounts, general intangibles, instruments, documents, chattel paper and all other personal property of any kind or character, including such items of personal property as
defined in the UCC (defined below), now owned or hereafter acquired by Mortgagor and now or hereafter affixed to, placed upon, used in connection with, raising from or otherwise related to the Premises (the “Personalty”),
(9) all reserves, escrows or impounds required under the Security Documents and all deposit 

  
 -2-

 
accounts maintained by Mortgagor with respect to the Mortgaged Property (the “Deposit Accounts”), (10) all leases, licenses, concessions, occupancy agreements or
other agreements (written or oral, now or at any time in effect) which grant to any Person, other than Mortgagor, a possessory interest in, or the right to use, all or any part of the Mortgaged Property, together with all related security and other
deposits (the “Leases”), (11) all of the rents, revenues, royalties, income, proceeds, profits, security and other types of deposits, and other benefits paid or payable by parties to the Leases for using, leasing,
licensing possessing, operating from, residing in, selling or otherwise enjoying the Mortgaged Property, (the “Rents”), (12) all other agreements, such as construction contracts, architects’ agreements,
engineers’ contracts, utility contracts, maintenance agreements, management agreements, service contracts, listing agreements, guaranties, warranties, all permits (subject to any required regulatory approval), licenses, certificates and
entitlements in any way relating to the construction, use, occupancy, operation, maintenance, enjoyment or ownership of the Mortgaged Property (the “Permits”), (13) all rights, privileges, tenements, hereditaments,
rights-of-way, easements, appendages and appurtenances appertaining to the foregoing, (14) all property tax refunds payable with respect to the Mortgaged Property (the “Tax Refunds”), (15) all accessions,
replacements and substitutions for any of the foregoing and all proceeds thereof (the “Proceeds”), (16) all insurance policies, unearned premiums therefor and proceeds from such policies covering any of the above
property now or hereafter acquired by Mortgagor (the “Insurance”), and (17) all awards, damages, remunerations, reimbursements, settlements or compensation heretofore made or hereafter to be made by any governmental
authority pertaining to any condemnation or other taking (or any purchase in lieu thereof) of all or any portion of the foregoing property rights and interests (the “Condemnation Awards”). As used in this Mortgage, the term
“Mortgaged Property” shall mean all or, where the context permits or requires, any portion of the above or any interest therein. Notwithstanding the foregoing or anything to the contrary contained in this Mortgage, the terms
“Mortgaged Property”, “Land”, “Mineral Interests”, “Improvements”, “Premises”, “Fixtures”, “Leases”, “Rents”, “Personalty”, “Permits”,
“Proceeds”, “Insurance” and “Condemnation Awards” shall apply only to the extent of Mortgagor’s interests therein. 
 (l) “Permitted Liens”: Collectively, liens permitted under the Credit Agreement, including any lessor liens retained or otherwise existing pursuant to any of the Leases, together
with all other matters of title disclosed to Credit Facility Agent in letters of counsel delivered in connection with the negotiation, execution and delivery of this Mortgage. 
 (m) “Person”: shall mean any individual, corporation, partnership, limited liability company, association, joint-stock company, trust, unincorporated organization, joint venture,
government or political subdivision or agency thereof, or any other entity. 
 (n) “Secured Debt” shall
mean (1) all fees, expenses and charges, including, without limitation, indemnification, reimbursement or contribution obligations of the Loan Parties to the Collateral Trustees under (and as defined in) the Collateral Trust Agreement;
(2) all indebtedness and all other Obligations of Mortgagor or any of the other Loan Parties to Credit Facility Agent or any of the other Lenders under the Credit Agreement or any of the other Security Documents, including, without limitation,
(A) Revolving Credit Loans, evidenced by certain Revolving Credit Notes, pursuant to the Credit Agreement, in an aggregate amount not to exceed the sum of One Billion Five Hundred Million Dollars ($1,500,000,000), which Revolving Credit Loans
include, without limitation, Swing Loans made by Bank to Borrower, evidenced by a certain Swing Loan Note, delivered by Borrower to Bank, made pursuant to the Credit Agreement, in an amount not to exceed the sum of Fifty Million Dollars
($50,000,000), (B) obligations and liabilities of any nature now or hereafter existing under or arising in connection with any Letters of Credit, including, without limitation, the reimbursement obligations in respect thereof, together with
interest and other amounts payable with respect thereto, and (C) all Obligations and other liabilities of any nature now or hereafter existing under any Specified Swap Agreement. 

(o) “Security Documents”: shall mean the Credit Agreement, the Credit Facility Agent’s Letter, the Guaranty
Agreement, the Indemnity, the Intercompany Subordination Agreement, the Mortgages and Deeds of Trust, the Notes, the Patent, Trademark and Copyright Assignment, the Pledge Agreement, the Security Agreement, any Specified Swap Agreements and any
other instruments, certificates or documents delivered or contemplated to be delivered hereunder or thereunder or in connection herewith or therewith, as the same may be supplemented, amended, extended, renewed or replaced from time to time in
accordance herewith or therewith, and Security Document shall mean any of the Security Documents. 

  
 -3-

 (p) “UCC”: The Uniform Commercial Code of Pennsylvania or, if the
creation, perfection and enforcement of any security interest herein granted is governed by the laws of a state other than the Commonwealth of Pennsylvania, then, as to the matter in question, the Uniform Commercial Code in effect in that state.

 ARTICLE 2 
 GRANT 
 Section 2.1 Grant. To secure the full and
timely payment and performance of the Secured Debt, Mortgagor MORTGAGES, GRANTS, BARGAINS, ASSIGNS, SELLS, CONVEYS and CONFIRMS, to Mortgagee, as Collateral Trustee for the Lenders and for other Persons from time to time holders of the Secured Debt,
the Mortgaged Property, subject, however, only to Permitted Liens, TO HAVE AND TO HOLD the Mortgaged Property to Mortgagee. Mortgagor does hereby bind itself, its successors and assigns to WARRANT AND FOREVER DEFEND the title to the Mortgaged
Property identified at Exhibit A and Exhibit B unto Mortgagee; provided however, no warranty of title is made as to the Mortgaged Property identified at Exhibit C or Exhibit D. Notwithstanding anything contained
herein to the contrary, Mortgagor and Mortgagee acknowledge and agree to exclude from the Mortgaged Property all classes of property as described in Schedule 2 attached hereto and incorporated by reference herein. This exclusion shall not be
construed to mean that Mortgagee does not encumber or have a lien on such property pursuant to the other Security Documents. 
 Provided
further, subject to the terms hereof and of the Credit Agreement and the other Security Documents, until an Actionable Default shall occur, Mortgagor shall have and possess the full right and privilege to own, lease, operate, manage and control
the Mortgaged Property in all respects, to extract the Mineral Interests therefrom, and to do all other matters and things that Mortgagor deems necessary, desirable or appropriate thereon and therewith. 

ARTICLE 3  
 WARRANTIES, REPRESENTATIONS AND COVENANTS 
 Mortgagor warrants,
represents and covenants to Mortgagee as follows: 
 Section 3.1 Title to Mortgaged Property and Lien of this
Instrument. With respect to the property identified at Exhibit A and Exhibit B hereto, Mortgagor owns, or has valid leasehold rights to, the Mortgaged Property free and clear of any liens, claims or interests, except for
Permitted Liens, or matters disclosed in title opinions delivered to Mortgagee by counsel to Mortgagor contemporaneously herewith, and this Mortgage creates valid, enforceable first priority liens and security interests against the Mortgaged
Property identified at Exhibit A and Exhibit B. With respect to the Mortgaged Property identified at Exhibit C and Exhibit D hereto, Mortgagor does not warrant title, but to Mortgagor’s knowledge Mortgagor owns, or
has valid leasehold rights to, as applicable, the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Liens, and this Mortgage creates valid, enforceable liens and security interests against the Mortgaged
Property only to the extent of Mortgagor’s interests therein. Notwithstanding the foregoing, as such Mortgaged Property identified at Exhibit C is incorporated into Borrower’s five year mine plan (the “Incorporated
Property”), the Mortgagor warrants, represents and covenants to Mortgagee that, at the time of such incorporation, Mortgagor owns, or has valid leasehold rights to, the Incorporated Property free and clear of any liens, claims or
interests, except for Permitted Liens, or matters disclosed in title opinions delivered to Mortgagee by counsel to Mortgagor at the time of incorporation and reasonably accepted by the Credit Facility Agent, and this Mortgage creates valid,
enforceable first priority liens and security interests against the Incorporated Property. Adverse matters of title that are known to Mortgagor and which are material to the continuing business operations of Mortgagor are disclosed on the
Exhibits, where applicable. If adverse matters of title which are material to the continuing business operations of Mortgagor arise at any future time during which this Mortgage remains in force, Mortgagor will promptly advise Credit Facility
Agent in writing as to such matters. 
 Section 3.2 First Lien Status. Except for Permitted Liens, Mortgagor
shall preserve and protect the first lien and security interest status of this Mortgage. If any lien or security interest other than a Permitted Lien is asserted against the Mortgaged Property, Mortgagor shall promptly, and at its expense,
(a) give Mortgagee a detailed written notice of such lien or security interest (including origin, amount and other terms), and (b) pay the underlying claim in full or take such other action so as to cause it to be released or contest the
same in 

  
 -4-

 
compliance with the requirements of the Credit Agreement and the Collateral Trust Agreement (including the requirement of providing a bond or other security satisfactory to Mortgagee).

 Section 3.3 Payment and Performance. Mortgagor shall pay and perform the Secured Debt in a timely manner,
when required, and in material compliance with all terms, covenants and conditions applicable thereto. 
 Section 3.4
Replacement of Fixtures. Subject to the terms of the Collateral Trust Agreement and the Credit Agreement, Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures owned or leased by Mortgagor to be
removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and repair or is permitted to be so removed, or is not material to Mortgagor’s continuing business operations. 

Section 3.5 Inspection. Mortgagor shall permit Mortgagee and Credit Facility Agent, and their respective agents,
representatives and employees, upon reasonable prior notice to Mortgagor, to inspect the Mortgaged Property and all books and records of Mortgagor located thereon, as provided in the Credit Agreement, provided that such right shall, with respect to
Leased Land, be subject to the provisions of any applicable Mortgaged Lease. 
 Section 3.6 Insurance; Condemnation
Awards and Insurance Proceeds. 
 (a) Insurance. Mortgagor shall maintain or cause to be maintained, with respect
to the Mortgaged Property, insurance against loss or damage, as required pursuant to the terms of the Credit Agreement. If any portion of an enclosed structure now or hereafter located on the Mortgaged Property is located in an area identified by
the Federal Emergency Management Agency as an area having special flood hazards and in which flood insurance has been made available under the National Flood Insurance Act of 1968 (or any amendment or successor act thereto), then Mortgagor shall
maintain, or cause to be maintained, with a financially sound and reputable insurer, flood insurance in an amount sufficient to comply with all applicable rules and regulations promulgated pursuant to such Act. 

(b) Condemnation Awards. Subject to the provisions of any applicable Mortgaged Lease, and also subject to the terms of the Credit
Agreement applicable to proceeds payable as the result of a Casualty Event, Mortgagor assigns all Condemnation Awards to Mortgagee and authorizes Mortgagee to collect and receive such Condemnation Awards and to give proper receipts and acquittances
therefor, subject to the terms of the Collateral Trust Agreement. 
 (c) Insurance Proceeds. Subject to the provisions of
any applicable Mortgaged Lease, and further subject to the terms of the Credit Agreement applicable to proceeds payable as the result of a Casualty Event, Mortgagor assigns to Mortgagee all proceeds of any insurance policies insuring against loss or
damage to the Mortgaged Property. Subject to the terms of the Credit Agreement, and any applicable Mortgaged Lease, Mortgagor authorizes Mortgagee to collect and receive such proceeds and authorizes and directs the issuer of each of such insurance
policies to make payment for all such losses directly to Mortgagee, instead of to Mortgagor and Mortgagee jointly. 

Section 3.7 Five Year Mine Plan. The real property identified at Exhibits A and B hereto constitutes property
that is part of an active five year mine plan relating to coal recovery operations being conducted by Mortgagor or its Affiliates within that portion of the Mortgaged Property, such descriptions accurately and completely identify, in all material
respects, the real property interests which constitutes the active five year mine plan of Mortgagor or its Affiliates within the Mortgaged Property. 
 Section 3.8 Other Property. The Other Property described on Exhibit C represents reserves of Mineral Interests that are owned or leased by Mortgagor and held for future
development until such Other Property described on Exhibit C becomes Incorporated Property. To the extent that the Other Property described on Exhibit C has not become Incorporated Property, Mortgagor represents that the Mineral
Interests within the Other Property described on Exhibit C are not being developed by Mortgagor for the purpose of recovering coal, gas or 

  
 -5-

 
other minerals, and any buildings, structures or other improvements, if any, that may be located on such portions of the Other Property, are of no or nominal value. The buildings, structures and
improvements located on the Other Property described on Exhibit C do not therefore constitute a part of the Mortgaged Property pursuant to this Mortgage. 
 ARTICLE 4 
 LEASEHOLD MORTGAGE PROVISIONS 

Section 4.1 Representations; Warranties; Covenants. Mortgagor hereby represents, warrants and covenants that, with
respect to Mortgaged Leases that are material to Mortgagor’s continuing business operations: 
 (a) Representations of
Mortgagor. To the knowledge of Mortgagor, (1) such Mortgaged Leases are unmodified and in full force and effect, (2) all rent and other charges therein have been paid to the extent they are payable to the date hereof,
(3) Mortgagor enjoys the quiet and peaceful possession of such Premises, (4) Mortgagor is not in default under any of the terms thereof and there are no circumstances which, with the passage of time or the giving of notice or both, would
constitute an event of default thereunder, (5) the lessor thereunder is not in default under any of the terms or provisions thereof on the part of the lessor to be observed or performed; 

(b) Payment of Rents. Mortgagor shall promptly pay, when due and payable, the rent and other charges payable pursuant to such
Mortgaged Lease, and will timely perform and observe, in all material respects, all of the other terms, covenants and conditions required to be performed and observed by Mortgagor as lessee under such Mortgaged Lease; 

(c) Notice of Default. Mortgagor shall notify Mortgagee in writing of any material default by Mortgagor in the performance or
observance of any terms, covenants or conditions on the part of Mortgagor to be performed or observed under such Mortgaged Lease within three (3) days after Mortgagor obtains knowledge of such default; Mortgagor shall, immediately upon receipt
thereof, deliver a copy of each written notice given to Mortgagor by the lessor pursuant to any Mortgaged Lease and promptly notify Mortgagee in writing of any material default by the lessor in the performance or observance of any of the terms,
covenants or conditions on the part of the lessor to be performed or observed thereunder; 
 (d) No Termination. Unless
required under the terms of any Mortgaged Lease, Mortgagor shall not, without the prior written consent of Mortgagee (which consent will not be unreasonably withheld, conditioned or delayed) terminate, modify or surrender any such Mortgaged Lease,
and any such attempted termination, modification or surrender without such consent shall be void; and 
 (e) Estoppel.
Mortgagor shall, within thirty (30) days after written request from Mortgagee, use its reasonable efforts to obtain from the lessor and deliver to Mortgagee a certificate setting forth the name of the tenant under any Mortgaged Lease and
stating that such Mortgaged Lease is in full force and effect, is unmodified or, if such Mortgaged Lease has been modified, the date of each modification (together with copies of each such modification), that no notice of termination thereof has
been served on Mortgagor, stating that no default or event which with notice or lapse of time (or both) would become a default is existing under, such Mortgaged Lease (or if any such default or event is existing, specifying the nature of such
default or event), stating the date to which rent has been paid, and containing such other statements and representations as may be requested by Mortgagee. 
 Section 4.2 No Merger. So long as any of the Secured Debt remains unpaid or unperformed, the fee title to and the leasehold estate in the Premises subject to any Mortgaged Lease shall
not merge but shall always be kept separate and distinct notwithstanding the union of such estates in the lessor or Mortgagor, or in a third party, by purchase or otherwise. If Mortgagor acquires the fee title or any other estate, title or interest
in the Premises, or any part thereof, the lien of this Mortgage shall attach to, cover and be a lien upon such acquired estate, title or interest and the same shall thereupon be and become a part of the Mortgaged Property with the same force and
effect as if specifically encumbered herein. Mortgagor agrees to execute all instruments and documents that Mortgagee may reasonably require to ratify, confirm and further evidence the lien of this Mortgage on the acquired estate, title or interest.
Furthermore, Mortgagor hereby appoints Mortgagee as its true and lawful attorney-in-fact to execute and deliver, following an Actionable Default, all such instruments and documents in the name and on behalf

  
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of Mortgagor. This power, being coupled with an interest, shall be irrevocable as long as any portion of the Secured Debt remains unpaid. 

Section 4.3 Mortgagee as Lessee. If any Mortgaged Lease, that is material to the continuing business operations of
Mortgagor, shall be terminated prior to the natural expiration of its term due to default by Mortgagor or any tenant thereunder, and if, pursuant to the provisions of such Mortgaged Lease, Mortgagee or its designee shall acquire from the lessor a
new lease of the Premises, Mortgagor shall have no right, title or interest in or to such new lease or the leasehold estate created thereby, or renewal privileges therein contained. 

Section 4.4 No Assignment. Notwithstanding anything to the contrary contained herein, this Mortgage shall not
constitute an assignment of any Mortgaged Lease within the meaning of any provision thereof prohibiting its assignment and Mortgagee shall have no liability or obligation thereunder by reason of its acceptance of this Mortgage. Mortgagee shall be
liable for the obligations of the tenant arising out of any Mortgaged Lease for only that period of time for which Mortgagee is in possession of the Premises or has acquired, by foreclosure or otherwise, and is holding all of Mortgagor’s right,
title and interest therein. 
 Section 4.5 Required Landlord Consents. Notwithstanding anything to the
contrary contained in this Mortgage, to the extent that the assignment, transfer or conveyance of, or granting of a Lien or security interest in, any part of the Mortgaged Property by Mortgagor to Mortgagee under this Mortgage is prohibited by the
terms of the instrument, contract or agreement evidencing or creating the Mortgaged Property, or would result in a breach or default by Mortgagor thereunder, or the termination thereunder, in each case due to the granting of a lien or security
interest therein, the Mortgaged Property shall not include, and shall exclude, such instrument, contract or agreement, including, but not limited to, the granting of a mortgage or deed of trust lien against a leasehold interest held by Mortgagor
when the lease, by its terms, requires the consent of the lessor to an effective assignment of the lessee’s leasehold estate. 
 ARTICLE 5  
 DEFAULT AND FORECLOSURE 

Section 5.1 Remedies. Upon the occurrence and during the continuance of an Actionable Default, subject to the terms of
the Collateral Trust Agreement, any or all of the following rights, remedies and recourses may be exercised: 
 (a)
Acceleration. Any holder of any portion of the Secured Debt may declare that portion of the Secured Debt, or any portion thereof, to be immediately due and payable, without further notice, presentment, protest, notice of intent to accelerate,
notice of acceleration, demand or action of any nature whatsoever (each of which hereby is expressly waived by Mortgagor), whereupon the same shall become immediately due and payable. 

(b) Entry on Mortgaged Property. Subject to the provisions of any applicable Mortgaged Lease and applicable law, Mortgagee may
enter the Mortgaged Property and take exclusive possession thereof and of all books, records and accounts relating thereto or located thereon. If Mortgagor remains in possession of the Mortgaged Property following the occurrence and during the
continuance of an Actionable Default and without Mortgagee’s prior written consent, subject to the provisions of any applicable Mortgaged Lease and applicable law, Mortgagee may invoke any legal remedies to dispossess Mortgagor. 

(c) Operation of Mortgaged Property. Subject to the provisions of any applicable Mortgaged Lease, Mortgagee may hold, lease,
develop, manage, operate or otherwise use the Mortgaged Property upon such terms and conditions as Mortgagee may deem reasonable under the circumstances (including, without limitation, making such repairs, alterations, additions and improvements and
taking other actions, from time to time, as Mortgagee deems necessary or desirable, also including the mining and sale of coal produced from the Mortgaged Property), and apply all Rents and other amounts collected by Mortgagee in connection
therewith in accordance with the provisions of Section 5.7. 
 (d) Foreclosure and Sale. Mortgagee may
institute proceedings for the complete foreclosure of this Mortgage by judicial action, in which case the Mortgaged Property may be sold for cash or credit in one or 

  
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more parcels, subject to the provisions of any applicable Mortgaged Lease. With respect to any notices required or permitted under the UCC, Mortgagor agrees that ten (10) days’ prior
written notice shall be deemed commercially reasonable. At any such sale by virtue of any judicial proceedings, or any other legal right, remedy or recourse, the title to and right of possession of any such property shall pass to the purchaser
thereof, and to the fullest extent permitted by law, Mortgagor shall be completely and irrevocably divested of all of its right, title, interest, claim, equity, equity of redemption, and demand whatsoever, either at law or in equity, in and to the
property sold and such sale shall be a perpetual bar both at law and in equity against Mortgagor, and against all other Persons claiming or to claim the property sold or any part thereof, by, through or under Mortgagor. Mortgagee may be a purchaser
at such sale. If Mortgagee is the highest bidder, Mortgagee may credit the portion of the purchase price that would be distributed to the Secured Debt pursuant to the Collateral Trust Agreement. In the event this Mortgage is foreclosed by judicial
action, appraisement of the Mortgaged Property is waived. 
 (e) Receiver. Mortgagee may make application to a court of
competent jurisdiction for, and obtain from such court as a matter of strict right and without notice to Mortgagor or regard to the adequacy of the Mortgaged Property for the repayment of the Secured Debt, the appointment of a receiver of the
Mortgaged Property, and Mortgagor irrevocably consents to such appointment. Any such receiver shall have all the usual powers and duties of receivers in similar eases, including the full power to rent, maintain and otherwise operate the Mortgaged
Property upon such terms as may be approved by the court, and in a manner consistent with the terms of any applicable Mortgaged Lease, and shall apply such Rents in accordance with the provisions of Section 5.7. 

(f) Other Remedies. Subject to the provisions of any applicable Mortgaged Lease, Mortgagee may exercise all other rights, remedies
and recourses granted to Mortgagee with respect to all or any portion of the Secured Debt pursuant to the terms of the Collateral Trust Agreement or the other Security Documents, or otherwise available at law or in equity. 

Section 5.2 Separate Sales. To the extent not prohibited under the terms of any applicable Mortgaged Lease, the
Mortgaged Property may be sold in one or more parcels and in such manner and order as Mortgagee in its sole discretion may elect. The right of sale arising out of any Actionable Default shall not be exhausted by any one or more sales. 

Section 5.3 Remedies Cumulative, Concurrent and Nonexclusive. Mortgagee shall have all rights, remedies and recourses
with respect to the enforcement of all or any portion of the Secured Debt granted pursuant to the Collateral Trust Agreement and the other Security Documents, and available at law or equity (including the UCC), which rights, (a) shall be
cumulative and concurrent, (b) may be pursued separately, successively or concurrently against Mortgagor or others obligated for the payment or performance of the Secured Debt or against the Mortgaged Property, or against any one or more of
them, at the sole discretion of Mortgagee, as the case may be, (c) may be exercised as often as occasion therefore shall arise, and the exercise or failure to exercise any of them shall not be construed as a waiver or release thereof or of any
other right, remedy or recourse, and (d) are intended to be, and shall be, nonexclusive. No action by Mortgagee in the enforcement of any rights, remedies or recourses relating to any portion of the Secured Debt, or otherwise at law or equity
shall be deemed to cure any Actionable Default. 
 Section 5.4 Release of and Resort to Collateral. Subject
to the terms of the Collateral Trust Agreement, Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged
Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by this Mortgage or its status as a first and prior lien and security interest in and to the
Mortgaged Property. For payment of the Secured Debt, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect. 
 Section 5.5 Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Mortgagor hereby irrevocably and unconditionally waives and releases
(a) all benefit that might accrue to Mortgagor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any stay of
execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Actionable Default or of Mortgagee’s election to exercise or the actual exercise of any right, remedy or recourse provided for
under the 

  
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Collateral Trust Agreement, the Credit Agreement or other Security Documents, or this Mortgage, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

 Section 5.6 Discontinuance of Proceedings. If Mortgagee shall have proceeded to invoke any right, remedy
or recourse permitted under the Collateral Trust Agreement or this Mortgage and shall thereafter elect to discontinue or abandon it for any reason, Mortgagee shall have the unqualified right to do so and, in such an event, Mortgagor and Mortgagee
shall be restored to their former positions with respect to the Secured Debt, the Security Documents, the Mortgaged Property and otherwise, and the rights, remedies, recourses and powers of Mortgagee shall continue as if the right, remedy or
recourse had never been invoked, but no such discontinuance or abandonment shall waive any Actionable Default which may then exist or the right of Mortgagee thereafter to exercise any right, remedy or recourse under the Collateral Trust Agreement,
the Credit Agreement, or this Mortgage for such Actionable Default. 
 Section 5.7 Application of Proceeds.
The proceeds of any sale of the “as-extracted” collateral, and the Rents, and other amounts generated by the holding, leasing, management, operation or other use of the Mortgaged Property, shall be applied by Mortgagee (or the receiver, if
one is appointed) in the following order unless otherwise required by applicable law: 
 (a) to the payment of the costs and
expenses of taking possession of the Mortgaged Property and of holding, using, leasing, repairing, improving and selling the same, including, without limitation (1) receiver’s fees and expenses, including the repayment of the amounts
evidenced by any receiver’s certificates, (2) court costs, (3) attorneys’ and accountants’ fees and expenses, (4) costs of advertisement and (5) the payment of all rent and other charges under any applicable
Mortgaged Lease; 
 (b) to the payment and performance of the Secured Debt, in such manner and order of preference as set forth
in the Collateral Trust Agreement; and 
 (c) the balance, if any, to the Persons legally entitled thereto. 

Section 5.8 Occupancy After Foreclosure. Any sale of the Mortgaged Property or any part thereof in accordance with
Section 5.1(d) will divest all right, title and interest of Mortgagor in and to the property sold. Subject to applicable law and any applicable Mortgaged Lease, any purchaser at a foreclosure sale will receive immediate possession of the
property purchased. If Mortgagor retains possession of such property or any part thereof subsequent to such sale, Mortgagor will be considered a tenant at sufferance of the purchaser, and will, if Mortgagor remains in possession after demand to
remove, be subject to eviction and removal, forcible or otherwise, with or without process of law. 
 Section 5.9
Additional Advances and Disbursements; Costs of Enforcement. 
 (a) Upon the occurrence and during the continuance of
any Actionable Default, Mortgagee shall have the right, but not the obligation, to cure such Actionable Default in the name and on behalf of Mortgagor. All sums advanced and expenses incurred at any time by Mortgagee under this
Section 5.9, or otherwise under the Collateral Trust Agreement, this Mortgage, any of the Security Documents, or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date
of reimbursement, computed at the highest rate at which interest is then computed on any portion of the Secured Debt, and all such sums, together with interest thereon, shall be secured by this Mortgage. 

(b) Mortgagor shall pay all expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and
enforcement of this Mortgage and the Collateral Trust Agreement, or the enforcement, compromise or settlement of the Secured Debt or any claim under this Mortgage or the Collateral Trust Agreement and for the curing thereof, or for defending or
asserting the rights and claims of Mortgagee in respect thereof, by litigation or otherwise. 
 Section 5.10 No
Mortgagee in Possession. Neither the enforcement of any of the remedies under this Article 5, the assignment of the Rents and Leases under Article 6, the security interests under Article 7,

  
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nor any other remedies afforded to Mortgagee hereunder or under the Collateral Trust Agreement, or at law or in equity shall cause Mortgagee to be deemed or construed to be a mortgagee in
possession of the Mortgaged Property, to obligate Mortgagee to lease the Mortgaged Property or attempt to do so, or to take any action, incur any expense, or perform or discharge any obligation, duty or liability whatsoever under any of the Leases
or otherwise. 
 ARTICLE 6 
 ASSIGNMENT OF RENTS AND LEASES 
 Section 6.1 Assignment.
In furtherance of and in addition to the assignment made by Mortgagor in Section 2.1 of this Mortgage, Mortgagor hereby absolutely and unconditionally assigns, sells, transfers and conveys to Mortgagee all of its right, title and
interest in and to all Leases, whether now existing or hereafter entered into, and all of its right, title and interest in and to all Rents. This assignment is an absolute assignment and not an assignment for additional security only. So long as no
Actionable Default shall have occurred and be continuing, Mortgagor shall have a revocable license from Mortgagee to exercise all rights extended to the landlord under the Leases, including the right to receive and collect all Rents and to hold the
Rents in trust for use in the payment and performance of the Secured Debt, and to otherwise use the same. The foregoing license is granted subject to the conditional limitation that no Actionable Default shall have occurred and be continuing. Upon
the occurrence and during the continuance of an Actionable Default, whether or not legal proceedings have commenced, and without regard to waste, adequacy of security for the Secured Debt or solvency of Mortgagor, the license herein granted shall
automatically expire and terminate, without notice to Mortgagor by Mortgagee (any such notice being hereby expressly waived by Mortgagor to the extent permitted by applicable law). 

Section 6.2 Perfection Upon Recordation. Mortgagor acknowledges that Mortgagee has taken all actions necessary to
obtain, and that upon recordation of this Mortgage, Mortgagee shall have, to the extent permitted under applicable law, a valid and fully perfected, first priority, present assignment of the Rents arising out of the Leases and all security for such
Leases. Mortgagor acknowledges and agrees that upon recordation of this Mortgage, Mortgagee’s interest in the Rents shall be deemed to be fully perfected, “choate” and enforced as to Mortgagor and to the extent permitted under
applicable law, all third parties, including, without limitation, any subsequently appointed trustee in any case under Title 11 of the United States Code (the “Bankruptcy Code”), without the necessity of commencing a
foreclosure action with respect to this Mortgage, making formal demand for the Rents, obtaining the appointment of a receiver or taking any other affirmative action. 
 Section 6.3 Bankruptcy Provisions. Without limitation of the absolute nature of the assignment of the Rents hereunder, Mortgagor and Mortgagee agree that (a) this Mortgage shall
constitute a “security agreement” for purposes of Section 552(b) of the Bankruptcy Code, (b) the security interest created by this Mortgage extends to property of Mortgagor acquired before the commencement of a case in bankruptcy
and to all amounts paid as Rents and (c) such security interest shall extend to all Rents acquired by the estate after the commencement of any case in bankruptcy. 
 Section 6.4 No Merger of Estates. So long as any part of the Secured Debt remain unpaid and undischarged, the fee and leasehold estates to the Mortgaged Property shall not merge, but
shall remain separate and distinct, notwithstanding the union of such estates either in Mortgagor, Mortgagee, any tenant or any third party by purchase or otherwise. 
 ARTICLE 7  
 SECURITY AGREEMENT AND FIXTURE FILING

 Section 7.1 Security Interest. This Mortgage constitutes a “security agreement” on
personal property within the meaning of the UCC and other applicable law and with respect to the Fixtures, Mineral Interests, Leases, Rents, Permits, Personalty, Tax Refunds, Proceeds, Insurance and Condemnation Awards. To this end, Mortgagor grants
to Mortgagee a first and prior security interest in the Fixtures, Leases, Rents, Permits, Personalty, Proceeds, Tax Refunds, Insurance, Condemnation Awards and all other Mortgaged Property, including “as-extracted collateral” (as such
terms are used in the UCC), also including coal, oil and gas, and other minerals, to secure the payment and performance of the Secured Debt, and agrees that Mortgagee shall have all the rights and remedies of a secured party under the UCC with
respect to such property. Any notice of sale, disposition or other intended action by Mortgagee with respect to the Fixtures, Mineral Interests, Leases, Rents, Personalty, Permits, Tax Refunds,

  
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Proceeds, Insurance and Condemnation Awards or other Mortgaged Property, including without limitation, “as-extracted collateral” (as such terms are used in the UCC), including coal and
other minerals, sent to Mortgagor at least ten (10) days prior to any action under the UCC shall constitute reasonable notice to Mortgagor. 
 Section 7.2 Financing Statements. Mortgagor shall prepare and deliver to Mortgagee such financing statements, and shall execute and deliver to Mortgagee such other documents,
instruments and further assurances, in each case in form and substance satisfactory to Mortgagee, as Mortgagee may, from time to time, reasonably consider necessary to create, perfect and preserve Mortgagee’s security interest hereunder.
Mortgagor hereby irrevocably authorizes Mortgagee to cause financing statements (and amendments thereto and continuations thereof) and any such documents, instruments and assurances to be recorded and filed, at such times and places as may be
required or permitted by law to so create, perfect and preserve such security interest. Mortgagor represents and warrants to Mortgagee that its jurisdiction of organization, as set forth in Schedule 1 hereof, is correct. After the date of
this Mortgage, Mortgagor shall not change its name, type of organization, organizational identification number (if any), jurisdiction of organization or location (within the meaning of the UCC) without giving at least thirty (30) days’
prior written notice to Mortgagee. 
 Section 7.3 Fixture and “as-extracted” Collateral Filing.
This Mortgage shall also constitute a “fixture filing” and an “as-extracted” collateral filing for the purposes of the UCC against all of the Mortgaged Property which is or is to become fixtures or “as-extracted”
collateral related to the Premises. The information provided in this Section 7.3 is provided so that this Mortgage shall comply with the requirements of the UCC for a mortgage instrument to be filed as a financing statement. Mortgagor is
the “Debtor” and its name and mailing address are set forth in the preamble of this Mortgage immediately preceding Article 1. Mortgagee is the “Secured Party” and its name and mailing address from which information
concerning the security interest granted herein may be obtained are also set forth in the preamble of this Mortgage immediately preceding Article 1. A statement describing the portion of the Mortgaged Property comprising the fixtures hereby
secured is set forth in Section 1.2(k) of this Mortgage. Mortgagor represents and warrants to Mortgagee that Mortgagor is the record owner of the applicable fee title or owner of the leasehold interest in the Mortgaged Property. The
employer identification number of Mortgagor, and its organizational identification number, are set forth on Schedule 1 hereto. 
 ARTICLE 8  
 MISCELLANEOUS 

Section 8.1 Notices. Any notice required or permitted to be given under this Mortgage shall be given in accordance
with Section 11.5 of the Credit Agreement. Mortgagor agrees that any notice given by Mortgagor to Mortgagee purportedly pursuant to 42 Pa. C.S.A. § 8143 shall be given by registered or certified mail, return receipt requested, to
the address of Mortgagee specified on the first page of this Mortgage and only to such address, and such notice shall be deemed to have been received no earlier than the date actually and physically received at such address. 

Section 8.2 Covenants Running with the Land. All obligations contained in this Mortgage are intended by Mortgagor and
Mortgagee to be, and shall be construed as, covenants running with the Mortgaged Property. As used herein, “Mortgagor” shall refer to the party named in the first paragraph of this Mortgage and to any subsequent owner of all or any portion
of the Mortgaged Property. All Persons who may have or acquire an interest in the Mortgaged Property shall be deemed to have notice of, and be bound by, the terms of this Mortgage; provided, however, that no such party shall be
entitled to any rights, thereunder without the prior written consent of Mortgagee. 
 Section 8.3
Attorney-in-Fact. Mortgagor hereby irrevocably appoints Mortgagee as its attorney-in-fact, which agency is coupled with an interest and with full power of substitution, with full authority in the place and stead of Mortgagor and in the
name of Mortgagor or otherwise (a) to execute and/or record any notices of completion, cessation of labor or any other notices that Mortgagee deems appropriate to protect Mortgagee’s interest, if Mortgagor shall fail to do so within ten
(10) days after written request by Mortgagee, (b) upon the issuance of a deed pursuant to the foreclosure of this Mortgage or the delivery of a deed in lieu of foreclosure, to execute all instruments of assignment, conveyance or further
assurance with respect to the Leases, Rents, Deposit Accounts, Property Agreements, Tax Refunds, Permits, Personalty, Proceeds, Insurance and Condemnation Awards in favor of the grantee of any such deed and as may be necessary or desirable for such
purpose, (c) to prepare, execute, and file 

  
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or record financing statements and continuation statements, and to prepare, execute and file or record applications for registration and like papers necessary to create, perfect or preserve
Mortgagee’s security interests and rights in or to any of the Mortgaged Property, and (d) after the occurrence and during the continuance of any Actionable Default, to perform any obligation of Mortgagor hereunder, provided,
however, that (1) Mortgagee shall not under any circumstances be obligated to perform any obligation of Mortgagor, (2) any sums advanced by Mortgagee in such performance shall be added to and included in the Secured Debt and shall
bear interest at the highest rate at which interest is then computed on any portion of the Secured Debt; (3) Mortgagee as such attorney-in-fact shall only be accountable for such funds as are actually received by Mortgagee; and
(4) Mortgagee shall not be liable to Mortgagor or any other person or entity for any failure to take any action which it is empowered to take under this Section 8.3. 

Section 8.4 Successors and Assigns. This Mortgage shall be binding upon and inure to the benefit of Mortgagee and
Mortgagor and their respective successors and assigns. Mortgagor shall not, without the prior written consent of Mortgagee, assign any rights, duties or obligations hereunder. 
 Section 8.5 No Waiver. Any failure by Mortgagee or to insist upon strict performance of any of the terms, provisions or conditions of the Collateral Trust Agreement or this Mortgage, or
of any other document or instrument relating to any portion of the Secured Debt, shall not be deemed to be a waiver of same, and Mortgagee shall have the right at any time to insist upon strict performance of all of such terms, provisions and
conditions. 
 Section 8.6 Conflicts Between Documents. In the event of any conflict between the provisions
of this Mortgage, the Credit Agreement or any of the other Security Documents and the provisions of the Collateral Trust Agreement, the provisions of the Collateral Trust Agreement shall control. Notwithstanding any provision in this Mortgage, the
Credit Agreement or any of the Security Documents to the contrary, the parties and signatories hereto acknowledge and agree that any and all rights, powers, privileges, duties, responsibilities, liabilities and/or obligations (including but not
limited to the right to grant or withhold consent and the right to act or refrain from acting), whether discretionary or mandatory, are and shall be exercised by the Collateral Trustee solely in accordance with the terms and conditions of the
Collateral Trust Agreement, at the direction of the Credit Facility Agent or other entity specified in the Collateral Trust Agreement as having the right to give direction to the Collateral Trustee, and subject further to the rights of the
Collateral Trustee to require officers’ certificate(s), opinion(s) and advice from counsel, accountants, appraisers and other third parties, advancement of expenses and/or assurances of indemnity satisfactory to the Collateral Trustee. If any
conflict or inconsistence exists between this Mortgage and the Credit Agreement, the terms of the Credit Agreement shall govern. 
 Section 8.7 Release or Reconveyance. Upon payment and performance in full of the Secured Debt, or upon a sale or other disposition of the Mortgaged Property permitted by the Credit
Agreement and the Collateral Trust Agreement, Mortgagee, at Mortgagor’s request and expense, shall release the liens and security interests created by this Mortgage or reconvey the Mortgaged Property to Mortgagor. 

Section 8.8 Waiver of Stay, Moratorium and Similar Rights. Mortgagor agrees, to the full extent that it may lawfully
do so, that it will not at any time insist upon or plead or in any way take advantage of any stay, marshalling of assets, extension, redemption or moratorium law now or hereafter in force and effect so as to prevent or hinder the enforcement of the
provisions of this Mortgage or the Collateral Trust Agreement, or any agreement between Mortgagor and Mortgagee or any rights or remedies of Mortgagee. 
 Section 8.9 Applicable Law. The provisions of this Mortgage regarding the creation, perfection and enforcement of the liens and security interests herein granted shall be governed by
and construed under the laws of the state in which the Mortgaged Property is located. All other provisions of this Mortgage shall be governed by the laws of the Commonwealth of Pennsylvania. 

Section 8.10 Headings. The Article, Section and Subsection titles hereof are inserted for convenience of reference
only and shall in no way alter, modify or define, or be used in construing, the text of such Articles, Sections or Subsections. 

  
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 Section 8.11 Severability. If any provision of this Mortgage shall be
held by any court of competent jurisdiction to be unlawful, void or unenforceable for any reason, such provision shall be deemed severable from and shall in no way affect the enforceability and validity of the remaining provisions of this Mortgage.

 Section 8.12 Entire Agreement. This Mortgage, the Credit Agreement, the Collateral Trust Agreement, and
the Security Documents embody the entire agreement and understanding between Mortgagee and Mortgagor relating to the subject matter hereof and thereof and supersede all prior agreements and understandings between such parties relating to the subject
matter hereof and thereof. Accordingly, such documents may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties. There are no unwritten oral agreements between the parties. 

Section 8.13 Mortgagee as Collateral Trustee; Successor Collateral Trustees. 

(a) Mortgagee shall have the right hereunder to make demands, to give notices, to exercise or refrain from exercising any rights, and to
take or refrain from taking any action (including, without limitation, the release or substitution of the Mortgaged Property) in accordance with the terms of the Collateral Trust Agreement and this Mortgage. 

(b) Mortgagee shall at all times be the same Person or Persons that comprise the Collateral Trustee under the Collateral Trust Agreement.
Written notice of resignation by Collateral Trustee pursuant to the Collateral Trust Agreement shall also constitute notice of resignation as Collateral Trustee under this Mortgage. Removal of Collateral Trustee pursuant to any provision of the
Collateral Trust Agreement shall also constitute removal as Collateral Trustee under this Mortgage. Appointment of a successor Collateral Trustee pursuant to the Collateral Trust Agreement shall also constitute appointment of a successor Collateral
Trustee under this Mortgage. Upon the acceptance of any appointment as Collateral Trustee by a successor Collateral Trustee under the Collateral Trust Agreement, that successor Collateral Trustee shall thereupon succeed to and become vested with all
the rights, powers, privileges and duties of the retiring or removed Collateral Trustee as the Mortgagee under this Mortgage, and the retiring or removed Collateral Trustee shall promptly (i) assign and transfer to such successor Collateral
Trustee all of its right, title and interest in and to this Mortgage and the Mortgaged Property, and (ii) execute and deliver to such successor Collateral Trustee such assignments and amendments and take such other actions, as may be necessary
or appropriate in connection with the assignment to such successor Collateral Trustee of the liens and security interests created hereunder, whereupon such retiring or removed Collateral Trustee shall be discharged from its duties and obligations
under this Mortgage. After any retiring or removed Collateral Trustee’s resignation or removal hereunder as Collateral Trustee, the provisions of this Mortgage and the Collateral Trust Agreement shall inure to its benefit as to any actions
taken or omitted to be taken by it under this Mortgage while it was Collateral Trustee hereunder. 
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 Section 8.14 WAIVER OF TRIAL BY JURY. 

MORTGAGOR AND MORTGAGEE EACH WAIVES THE RIGHT TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING BASED UPON OR RELATED TO THE SUBJECT MATTER
OF THIS MORTGAGE OR THE COLLATERAL TRUST AGREEMENT, OR ANY OF THE OTHER SECURITY DOCUMENTS, OR ANY OF THE TRANSACTIONS RELATED TO ANY OF THE SECURED DEBT. THIS WAIVER IS KNOWINGLY, INTENTIONALLY AND VOLUNTARILY MADE BY MORTGAGOR AND MORTGAGEE, AND
MORTGAGOR AND MORTGAGEE EACH ACKNOWLEDGES THAT NEITHER THE OTHER NOR ANY PERSON ACTING ON BEHALF OF THE OTHER HAS OR HAVE MADE ANY REPRESENTATIONS OF FACT TO INDUCE THIS WAIVER OF TRIAL BY JURY OR IN ANY WAY TO MODIFY OR NULLIFY ITS EFFECT.
MORTGAGOR AND MORTGAGEE EACH FURTHER ACKNOWLEDGES THAT IT HAS BEEN REPRESENTED (OR HAS HAD THE OPPORTUNITY TO BE REPRESENTED) IN THE SIGNING OF THIS AGREEMENT AND IN THE MAKING OF THIS WAIVER BY INDEPENDENT LEGAL COUNSEL SELECTED OF ITS OWN FREE
WILL AND THAT IT HAS HAD THE OPPORTUNITY TO DISCUSS THIS WAIVER WITH COUNSEL. MORTGAGOR AND MORTGAGEE EACH AGREES THAT THE SECURED DEBT ARE EXEMPTED TRANSACTIONS UNDER THE TRUTH-IN-LENDING ACT, 15 U.S.C. SECTION 1601, ET SEQ. 

 

	
	Initials of Mortgagor:
	
	  

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 ARTICLE 9 
 LOCAL LAW PROVISIONS 
 Section 9.1
Inconsistencies. In the event of any inconsistencies between the terms and conditions of this Article 9 and the other provisions of this Mortgage, the terms and conditions of this Article 9 shall control and be binding.

 Section 9.2 Certain Future Advances. If Mortgagor sends a written notice to Mortgagee which purports to
limit the Secured Debt and to release the obligation of Mortgagee and the other Lenders to make any additional advances to Mortgagor in accordance with the terms of the Credit Agreement, such notice shall be ineffective as to any future advances
made: (a) to enable completion of any erection, construction, alteration or repair of any part of the Mortgaged Property; (b) to pay taxes, assessments, maintenance charges and insurance premiums; (c) for costs incurred for the
protection of the Mortgaged Property or the lien of the Mortgage; (d) for expenses incurred by Mortgagee by reason of a default by Mortgagor hereunder or with respect to any portion of the Secured Debt; and (e) for any other costs incurred
by Mortgagee to protect and preserve the Mortgaged Property. It is the intention of the parties hereto that any such advance made by Mortgagee or any of the other Lenders after any such notice by Mortgagor shall be secured by the lien of this
Mortgage on the Mortgaged Property. 
 Section 9.3 Additional Rights and Remedies. Without limitation of the
provisions of Article 5 hereof, it is expressly agreed that if at any time following an Actionable Default hereunder (a) a writ of execution is issued upon a judgment obtained upon the Secured Debt, or any portion thereof, or (b) an
action of mortgage foreclosure or any other action or proceeding is instituted in respect of this Mortgage, there shall be payable to and recovered by Mortgagee (i) the entire unpaid principal balance of the Secured Debt, with interest thereon
at the interest rate then applicable under the Collateral Trust Agreement, (ii) all costs of suit (including reasonable attorneys’ fees, forum costs and disbursements), (iii) all moneys expended by Mortgagee in payment of taxes, sewer
rents and water rents, claims or charges and in effecting insurance coverage or repairs, with interest on such expenditures at the interest rate applicable under the Collateral Trust Agreement, and (iv) a reasonable attorney’s commission
for collection. Mortgagor hereby waives and relinquishes unto Mortgagee the right of inquisition in respect of any real estate that may be levied upon under a judgment obtained by virtue of any such action or proceeding and voluntarily condemns the
same and authorizes the entry of such condemnation upon such writ of execution. Mortgagor further agrees that such real estate and any other Mortgaged Property (whether consisting of real or personal property) now or hereafter owned by Mortgagor may
be sold in any order determined by Mortgagee. Mortgagor likewise waives and relinquishes all benefit of any and every law now or hereafter in force to exempt from levy and sale on execution the Mortgaged Property or any other property whatsoever or
any part of the proceeds arising from any such sale for the payment of the Secured Debt (or any part thereof) and the legal fees and costs of such action and execution, Mortgagor likewise waives and relinquishes unto and in favor of Mortgagee all
benefits and exemptions under the laws now in effect or hereafter passed to relieve Mortgagor in any manner from the obligations assumed in connection with all Secured Debt, or to reduce the amount due hereunder. 

Section 9.4 CONFESSION OF JUDGMENT IN EJECTMENT. 

THE FOLLOWING PARAGRAPH WAIVES THE RIGHT TO HAVE PRIOR NOTICE AND AN OPPORTUNITY FOR HEARING UNDER THE CONSTITUTION AND LAWS OF THE
UNITED STATES AND THE COMMONWEALTH OF PENNSYLVANIA PRIOR TO THE ENTRY OF JUDGMENT FOR POSSESSION OF THE REAL PROPERTY SECURED BY THIS MORTGAGE: 
 MORTGAGOR, FOR THE PURPOSE OF SECURING POSSESSION OF THE MORTGAGED PROPERTY TO MORTGAGEE IN THE EVENT OF ANY ACTIONABLE DEFAULT HEREUNDER, DOES HEREBY AUTHORIZE AND EMPOWER ANY ATTORNEY OF ANY COURT OF
RECORD IN THE COMMONWEALTH OF PENNSYLVANIA, AS ATTORNEY FOR MORTGAGOR AS WELL AS FOR ALL PERSONS CLAIMING UNDER, BY OR THROUGH MORTGAGOR, TO COMMENCE AN ACTION IN EJECTMENT FOR POSSESSION OF THE MORTGAGED PROPERTY WITHOUT ANY STAY OF EXECUTION OR
APPEAL, AGAINST MORTGAGOR, AND THEREIN TO CONFESS JUDGMENT FOR THE RECOVERY BY MORTGAGEE OF THE POSSESSION OF THE MORTGAGED PROPERTY FOR WHICH THIS MORTGAGE (OR A COPY THEREOF VERIFIED BY AFFIDAVIT) SHALL BE SUFFICIENT WARRANT, AND THEREUPON A WRIT
OF POSSESSION 

 
MAY BE ISSUED FORTHWITH, WITHOUT ANY PRIOR WRIT, FORECLOSURE OR PROCEEDING WHATSOEVER. MORTGAGOR HEREBY RELEASES AND AGREES TO RELEASE MORTGAGEE FROM ALL ERRORS AND DEFECTS WHATSOEVER IN
CONNECTION WITH SUCH JUDGMENT IN CAUSING A WRIT OR WRIT TO BE ISSUED, AND IN ANY PROCEEDINGS THEREON ON CONCERNING THE SAME. MORTGAGE AGREES THAT NO WRIT, ERROR, APPEAL OR OBJECTION SHALL BE MADE OR TAKEN THERETO, PROVIDED THAT MORTGAGEE SHALL HAVE
FILED IN SUCH ACTION AN AFFIDAVIT OF DEFAULT MADE BY IT OR SOMEONE ON ITS BEHALF. IT IS HEREBY EXPRESSLY AGREED THAT IF FOR ANY REASON AFTER SUCH ACTION HAS BEEN COMMENCED, THE SAME SHALL BE DISCONTINUED, MARKED SATISFIED OF RECORD, OR DETERMINED,
OR POSSESSION OF THE MORTGAGED PROPERTY SHALL REMAIN IN OR TO BE RESTORED TO MORTGAGOR, THE RIGHTS AND POWERS OF MORTGAGEE SHALL NOT BE DEEMED TO HAVE BEEN EXHAUSTED BY ANY SUCH ACTION, BUT MORTGAGEE SHALL HAVE THE SAME RIGHTS AS AFORESAID, FOR THE
SAME ACTIONABLE DEFAULT, OR FOR ANY SUBSEQUENT EVENT OR EVENTS OF DEFAULT TO CONFESS JUDGMENT AND TO BRING ONE OR MORE FURTHER ACTIONS TO RECOVER POSSESSION OF THE MORTGAGED PROPERTY. IN ANY SUCH ACTION, A COPY OF THIS MORTGAGE, VERIFIED BY
AFFIDAVIT BY SOMEONE ON BEHALF OF MORTGAGEE MAY BE FILED, IN WHICH EVENT IT SHALL NOT BE NECESSARY TO FILE THE ORIGINAL AS A WARRANT OF ATTORNEY, ANY LAW OR RULE OF COURT TO THE CONTRARY NOTWITHSTANDING. THE RIGHT SET FORTH HEREIN SHALL NOT MERGE
WITH ANY JUDGMENT OBTAINED ON THE SECURED DEBT. MORTGAGEE MAY COMMENCE AN ACTION IN EJECTMENT FOR POSSESSION OF THE PREMISES BEFORE OR AFTER THE INSTITUTION OF FORECLOSURE PROCEEDINGS UPON THIS MORTGAGE, OR BEFORE OR AFTER JUDGMENT FOR ANY PORTION
OF THE SECURED DEBT, OR BEFORE OR AFTER A SALE OF THE PREMISES BY THE SHERIFF, MARSHAL, CONSTABLE OR OTHER PROPER LEGAL OFFICER. 
                                  
                                       
Mortgagor’s Initials 
 Section 9.5 Construction Mortgage. This Mortgage is intended to be a
Construction Mortgage within the meaning of 13 Pa. C.S.A. § 2A309(a). 
 [The remainder of this page has been
intentionally left blank] 
 [Signature Page follows] 

  
 -2-

 [Signature Page] 

IN WITNESS WHEREOF, Mortgagor has on the date set forth in the acknowledgement hereto, effective as of the date first above
written, caused this instrument to be duly EXECUTED AND DELIVERED by authority duly given. 
  

			
	MORTGAGOR:
	                           
 ., a                     
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	Attest:	 	 
		 	Name:
		 	Title:

 [Sections 8.14 and 9.4
must be initialed] 

 [Acknowledgement Page] 

 

			
	STATE OF
                                         
       	 	)
		 	) ss.:
	COUNTY OF
                                         
   	 	)

 On this, the
     day of                     , before me, a notary public, the undersigned officer, personally appeared
                    , who acknowledged himself to be the
                     of
                    ., a Delaware corporation, and that he as such officer, being authorized to do so, executed the foregoing instrument for
the purposes therein contained by signing the name of the corporation by himself as such officer. 
 In witness whereof, I
hereunto set my hand and official seal. 
  

	
	  
	Notary Public

 EXHIBIT A 
 LEGAL DESCRIPTION – MINE HEAD SITE 

  
 -2-

 EXHIBIT B 
 LEGAL DESCRIPTION – FIVE YEAR MINE PLAN PROPERTIES 

 EXHIBIT C 
 RESERVE PROPERTY WITHOUT WARRANTY OF TITLE 

 EXHIBIT D 
 OPERATING PROPERTIES WITHOUT WARRANTY OF TITLE 

 SCHEDULE 1 

 

							
	 Name of Grantor
	  	State of Incorporation	  	Employer ID#	  	Organization ID#

 Schedule 2 
 Excluded Properties 
 [TO BE UPDATED WITH NEW SCHEDULE] 

 EXHIBIT 1.1(N) 
 FORM OF 
 AMENDED AND RESTATED SWING LOAN NOTE 

 

			
	$50,000,000	 	New York, New York
		 	April 12, 2011

 FOR VALUE
RECEIVED, the undersigned, CONSOL ENERGY INC., a Delaware corporation (the “Borrower”), hereby promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Bank”), on demand, the lesser of the principal sum
of FIFTY MILLION U.S. Dollars (U.S. $50,000,000) or the aggregate unpaid principal amount of all Swing Loans made by the Bank to the Borrower pursuant to Section 2.1.2 of the Amended and Restated Credit Agreement, dated as of April 12,
2011, among the Borrower, the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto, Bank of America, N.A., as Syndication Agent and PNC Bank, National Association as administrative agent for the Lenders (the
“Administrative Agent”) (as it may hereafter from time to time be amended, restated, modified or supplemented, the “Credit Agreement”). All capitalized terms used herein shall, unless otherwise defined herein, have the same
meanings assigned to such terms in the Credit Agreement. 
 The Borrower shall pay interest on the unpaid principal balance
hereof from the date hereof at the rate per annum provided in Section 4.1.1 of, or as otherwise provided in, the Credit Agreement. Interest shall be due on the dates provided in Section 5 of the Credit Agreement, or as otherwise provided
therein. Interest hereon will be payable at the times specified in the Credit Agreement. 
 After request for payment of any
principal hereof or interest hereon shall have been made by the Bank to the Borrower, or upon the occurrence and during the continuation of an Event of Default, such amount shall thereafter bear interest at a rate per annum as set forth in
Section 4.3 of the Credit Agreement. Such interest will accrue before and after any judgment has been entered with respect to this Swing Loan Note. 
 Subject to the provisions of the Credit Agreement, payments of both principal and interest shall be made without setoff, counterclaim or other deduction of any nature at the office of the Administrative
Agent located at PNC Firstside Center, 4th Floor, 500 First Avenue, Pittsburgh, Pennsylvania 15219, in lawful money of the United States of America in immediately available funds. 

This Swing Loan Note is a Swing Loan Note referred to in, is subject to the provisions of, and is entitled to the benefits of, the Credit
Agreement and the other Loan Documents, including the representations, warranties, covenants and conditions contained or granted therein. This Swing Loan Note shall be payable on demand and regardless of whether or not an Event of Default has
occurred and is continuing. 
 Except as otherwise provided in the Credit Agreement, the Borrower waives presentment, demand,
notice, protest and all other demands and notices in connection with the delivery, 

 
acceptance, performance, default or enforcement of this Swing Loan Note and the Credit Agreement. 
 This Swing Loan Note shall bind the Borrower and its successors and assigns, and the benefits hereof shall inure to the benefit of the Bank and its successors and assigns; provided, that any
assignment of this Swing Loan Note by the Borrower or the Bank shall be subject to the provisions of Section 11.8 of the Credit Agreement. All references herein to the “Borrower,” the “Administrative Agent” and the
“Bank” shall be deemed to apply to the Borrower, the Administrative Agent and the Bank, respectively, and their respective successors and assigns. 
 This Swing Loan Note and any other documents delivered in connection herewith and the rights and obligations of the parties hereto and thereto shall for all purposes be governed by and construed and
enforced in accordance with the internal law of the State of New York without giving effect to its conflict of laws principles. 

THIS AMENDED AND RESTATED SWING LOAN NOTE REPLACES THE AMENDED AND RESTATED SWING LOAN NOTE DATED AS OF MAY 7, 2010 PAYABLE BY THE
BORROWER IN FAVOR OF THE BANK (THE “PRIOR NOTE”). THIS AMENDED AND RESTATED SWING LOAN NOTE IS NOT INTENDED TO CONSTITUTE, AND DOES NOT CONSTITUTE A NOVATION OR SATISFACTION OF THE OBLIGATIONS REPRESENTED BY THE PRIOR NOTE. 

[SIGNATURE PAGE FOLLOWS] 

  
 -2-

 [SIGNATURE PAGE TO SWING LOAN NOTE] 

IN WITNESS WHEREOF, the undersigned has executed this Swing Loan Note by its duly authorized officer with the intention that it
constitute a sealed instrument. 
  

	
	CONSOL ENERGY INC.
	
	By:
                                         
                        (SEAL)
	Name:
                                         
                               
	Title:
                                         
                                 

 EXHIBIT 1.1(R) 

[AMENDED AND RESTATED]* REVOLVING CREDIT NOTE 
  

					
	$             	 		 	New York, New York
		 		 	April 12, 2011            

FOR VALUE RECEIVED, the undersigned, CONSOL ENERGY INC., a Delaware corporation (herein called the “Borrower”), hereby
promises to pay to the order of                          (the “Lender”), the lesser of (i) the principal
sum of                      Dollars (US$            ), or (ii) the
aggregate unpaid principal balance of all Revolving Credit Loans made by the Lender to the Borrower pursuant to the Amended and Restated Credit Agreement, dated as of April 12, 2011, among the Borrower, the Guarantors now or hereafter party
thereto, the Lenders now or hereafter party thereto, PNC Bank, National Association, as the administrative agent for the Lenders (the “Administrative Agent”), and Bank of America, N.A., as the syndication agent (as amended, restated,
modified or supplemented from time to time, the “Credit Agreement”), payable by 1:00 p.m. on the Expiration Date, together with interest on the unpaid principal balance hereof from time to time outstanding from the date hereof at the rate
or rates per annum specified by the Borrower pursuant to, or as otherwise provided in, the Credit Agreement. 
 Interest on the
unpaid principal balance hereof from time to time outstanding from the date hereof will be payable at the times provided for in the Credit Agreement. Upon the occurrence and during the continuation of an Event of Default, upon written demand by the
Required Lenders to the Administrative Agent, the Borrower shall pay interest on the entire principal amount of the then outstanding Revolving Credit Loans evidenced by this Revolving Credit Note and all other obligations due and payable to the
Lender pursuant to the Credit Agreement and the other Loan Documents at a rate per annum as set forth in Section 4.3 of the Credit Agreement. Such interest rate will accrue before and after any judgment has been entered. 

Subject to the provisions of the Credit Agreement, payments of both principal and interest shall be made without setoff, counterclaim, or
other deduction of any nature at the office of the Administrative Agent located at PNC Firstside Center, 4th Floor, 500 First Avenue, Pittsburgh, Pennsylvania 15219, unless otherwise directed in writing by the holder hereof, in lawful money of the
United States of America in immediately available funds. 
 This Note is one of the Revolving Credit Notes referred to in, and
is entitled to the benefits of, the Credit Agreement and other Loan Documents, including the representations, warranties, covenants, conditions, security interests, and Liens contained or granted therein. The Credit Agreement among other things
contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayment, in certain circumstances, on account of principal hereof prior to maturity upon the terms and conditions therein
specified. The Borrower waives presentment, demand, notice, protest and all other demands and notices in 
  

	*	 The bracketed language shall be included in Notes in favor of Lenders that previously received a Note under the Existing Credit Agreement.

 
connection with the delivery, acceptance, performance, default or enforcement of this Revolving Credit Note and the Credit Agreement. 

This Note shall bind the Borrower and its successors and assigns, and the benefits hereof shall inure to the benefit of the Lender and
its successors and assigns. All references herein to the “Borrower” and the “Lender” shall be deemed to apply to the Borrower and the Lender, respectively, and their respective successors and assigns as permitted under the Credit
Agreement. 
 This Note and any other documents delivered in connection herewith and the rights and obligations of the parties
hereto and thereto shall for all purposes be governed by and construed and enforced in accordance with the internal laws of the State of New York without giving effect to its conflicts of law principles. 

All capitalized terms used herein shall, unless otherwise defined herein, have the same meanings given to such terms in the Credit
Agreement. 
 [THIS AMENDED AND RESTATED REVOLVING CREDIT NOTE REPLACES THE REVOLVING CREDIT NOTE DATED AS OF MAY 7, 2010
PAYABLE BY THE BORROWER IN FAVOR OF THE LENDER (THE “PRIOR NOTE”). THIS AMENDED AND RESTATED REVOLVING CREDIT NOTE IS NOT INTENDED TO CONSTITUTE, AND DOES NOT CONSTITUTE, A NOVATION OR SATISFACTION OF THE OBLIGATIONS REPRESENTED BY THE
PRIOR NOTE.]* 
 [SIGNATURE PAGE FOLLOWS] 

 

	*	The bracketed language shall be included in Notes in favor of Lenders that previously received a Note under the Existing Credit Agreement. 

  
 -2-

 [SIGNATURE PAGE TO REVOLVING CREDIT NOTE] 

IN WITNESS WHEREOF, and intending to be legally bound hereby, the undersigned has executed this Note by its duly authorized officer with
the intention that it constitute a sealed instrument. 
  

	
	CONSOL ENERGY INC.
	
	By:
                                         
                        (SEAL)
	Name:
                                         
                               
	Title:
                                         
                                 

 EXHIBIT 2.5.1 
 LOAN REQUEST 
 LOAN REQUEST; RATE REQUEST 

 

	TO:	PNC Bank, National Association, as Administrative Agent 

	    	PNC Firstside Center, 4th Floor 

	    	500 First Avenue 

	    	Pittsburgh, Pennsylvania 15219 

	    	Telephone No.: (412) 762-6441 

	    	Telecopier No.: (412) 762-8672 

	    	Attention: Lisa Pierce 

  

	FROM:	CONSOL Energy Inc. (the “Borrower”) 

  

	RE:	Amended and Restated Credit Agreement (as it may be amended, restated, modified or supplemented, the “Credit Agreement”), dated as of April 12,
2011, by and among CONSOL Energy Inc., a Delaware corporation, the Guarantors from time to time party thereto, the Lenders from time to time party thereto, Bank of America, N.A., as Syndication Agent, and PNC Bank, National Association (the
“Administrative Agent”). 

 Capitalized terms not otherwise defined herein shall have the respective meanings
ascribed to them by the Credit Agreement. 
  

	A.	Pursuant to Section 2.5.1 or 4.1 of the Credit Agreement, the undersigned Borrower irrevocably requests [check one box under 1(a) below and fill in blank
space next to the box as appropriate]: 

  

	 	1.(a)  ̈	A new Revolving Credit Loan OR 

  

	 	 ̈	Renewal of the LIBOR Rate Option applicable to an outstanding Revolving Credit Loan originally made on
                    , 20    . OR 

 

	 	 ̈	Conversion of the Base Rate Option applicable to an outstanding Revolving Credit Loan originally made on
                     to a Revolving Credit Loan to which the LIBOR Rate Option applies. OR 

 

	 	 ̈	Conversion of the LIBOR Rate Option applicable to an outstanding Revolving Credit Loan on
                    ,              to a Revolving Credit Loan to which the
Base Rate Option applies. 

 SUCH NEW, RENEWED OR CONVERTED REVOLVING CREDIT LOAN SHALL BEAR INTEREST: 

 [Check one box under 1(b) below and fill in blank spaces in line next to box]:

  

	 	1.(b)(i)  ̈	Under the Base Rate Option. Such Loan shall have a Borrowing Date or interest conversion date, as applicable, of
                    ,              (which date shall be (i) the same
Business Day as the Business Day of receipt by the Agent by 11:00 a.m. of this Loan Request for making a new Revolving Credit Loan to which the Base Rate Option applies, or (ii) the last day of the preceding Interest Period if a Revolving
Credit Loan to which the LIBOR Rate Option applies is being converted to a Revolving Credit Loan to which the Base Rate Option applies). 

 OR 
  

	 	(ii)	 ̈ Under the LIBOR Rate Option. Such Loan shall have a Borrowing Date or interest conversion date, as applicable, of
                     (which date shall be no earlier than three (3) Business Days subsequent to the Business Day of receipt by the Agent
by 11:00 a.m. of this Loan Request for (i) making a new Revolving Credit Loan to which the LIBOR Rate Option applies or renewing a Revolving Credit Loan to which the LIBOR Rate Option applies, or (ii) converting a Loan to which the
Base Rate Option applies to a Revolving Credit Loan to which the LIBOR Rate Option applies. 

  

	 	2.	Such Loan is in the principal amount of U.S. $             or the principal amount to be renewed or
converted is U.S. $             [to be in increments of $1,000,000 and not to be less than $5,000,000 for each Borrowing Tranche under the LIBOR Rate Option and to
be in increments of $50,000 and not to be less than the lesser of $500,000 and the maximum amount available for Borrowing Tranches to which the Base Rate Option applies] 

 

	 	3.	[Complete blank below if the Borrower is selecting the LIBOR Rate Option]: Such Loan shall have an Interest Period of one or two weeks or one, two,
three, or six Months.                      

  

	B.	As of the date hereof and the date of making of the above-requested Revolving Credit Loan (and after giving effect thereto): the Loan Parties have performed and
complied with all covenants and conditions of the Credit Agreement; all of the Loan Parties’ representations and warranties contained in Section 6 of the Credit Agreement and in the other Loan Documents are true and correct (except
representations and warranties which expressly relate solely to an earlier date or time, which representations and warranties were true and correct on and as of the specific dates or times referred to therein); no Event of Default or Potential
Default has occurred and is continuing; and the making of such Loan shall not contravene any Law applicable to the Loan Parties or any Lender. 

  
 -2-

	C.	The undersigned hereby irrevocably requests [check one line under 1.(a) below and fill in blank space next to the line as appropriate]: 

1.(a)              Funds to be deposited into PNC Bank account per our
current standing instructions. Complete amount of deposit if not full loan advance amount: $            . 
 OR 
          Funds to be wired per
the following wire instructions: 
 $            Amount of
Wire Transfer 
 Bank Name:
                                         
        
 ABA:
                                         
                   
 Account
Number:                                        

 Account Name:
                                         
   
 Reference:
                                         
           
 OR 

         Funds to be wired per the attached Funds Flow (multiple wire transfers).

 [REMAINDER OF PAGE LEFT BLANK INTENTIONALLY] 

  
 -3-

 [SIGNATURE PAGE TO LOAN REQUEST] 

The undersigned certifies to the Administrative Agent as to the accuracy of the foregoing. 

 

											
		 		 	CONSOL ENERGY INC.
				
	Date:                     ,
20    	 		 	By:	 	 
		 		 		 		 	Name:	 	 
		 		 		 		 	Title:	 	 

 EXHIBIT 2.5.2 
 FORM OF 
 SWING LOAN REQUEST 

 

	TO:	PNC Bank, National Association, as Administrative Agent 

	    	PNC Firstside Center, 

	    	4th Floor 500 First Avenue 

	    	Pittsburgh, Pennsylvania 15219 

	    	Telephone No.: (412) 762-6442 

	    	Telecopier No.: (412) 762-8672 

	    	Attention: Lisa Pierce 

  

	FROM:	CONSOL Energy Inc., a Delaware corporation (the “Borrower”) 

 

	RE:	Amended and Restated Credit Agreement (as it may be amended, restated, modified or supplemented, the “Credit Agreement”), dated April 12, 2011, by
and among CONSOL Energy Inc., a Delaware corporation, the Guarantors from time to time party thereto, the Lenders from time to time party thereto, Bank of America, N.A., as Syndication Agent, and PNC Bank, National Association (the
“Administrative Agent”). 

 Capitalized terms not otherwise defined herein shall have the
respective meanings given to them by the Credit Agreement. 
 Pursuant to Section 2.5.2 of the Credit Agreement, the
Borrower hereby makes the following Swing Loan Request: 
 1. Aggregate Principal Amount of such Swing Loan (may not be less
than $100,000 and must be an integral multiple of $50,000):
                                         
                                         
                                         
                                     
U.S.$             
 2. Proposed Borrowing Date (which date
shall be on or after the date on which the Administrative Agent receives this Swing Loan Request, with such Swing Loan Request to be received no later than 2:00 p.m. Eastern Time on the Borrowing
Date):                                        
                                         
                                         
                                         
     U..S.$             
 3. As of
the date hereof and the date of making the above-requested Swing Loan (and after giving effect thereto): the Borrower has performed and complied with all covenants and conditions of the Agreement; all of the representations and warranties contained
in Section 6 of the Credit Agreement and in the other Loan Documents are true and correct (except representations and warranties which expressly relate solely to an earlier date or time, which representations and warranties were true and
correct on and as of the specific dates or times referred to therein); no Event of Default or Potential Default has occurred and is continuing or shall exist; the making of such Swing Loan shall not contravene any Law applicable to the Borrower, any
other Loan Party or any Lender. 
 [SIGNATURE PAGE FOLLOWS] 

 [SIGNATURE PAGE TO SWING LOAN REQUEST] 

Borrower certifies to the Administrative Agent for the benefit of the Lenders as to the accuracy of the foregoing on
                    , 20    . 

 

					
	CONSOL ENERGY INC.
		
	By:	 	 
		 	Name:	 	 
		 	Title:	 	 

 EXHIBIT 7.1.4(A) 

Form of Opinion of Counsel (In House Counsel) 
 April 12, 2011 
  

	TO:	Each of the Lender Parties 

	    	referenced below 

 CONSOL ENERGY
INC. 
 Ladies and Gentlemen: 
 I am issuing this opinion in my capacity as Senior Counsel to CONSOL Energy Inc., a Delaware corporation (the “Borrower”). I have acted as counsel to the Borrower and each of the
guarantors identified on Schedule I attached hereto (collectively, the “Guarantors;” the Borrower and the Guarantors are collectively referred to as the “Borrower Parties” and each individually as a
“Borrower Party”) in connection with the transactions contemplated by the Amended and Restated Credit Agreement dated as of April 12, 2011 (the “Credit Agreement”) among the Borrower Parties, the various
financial institutions as are or may from time to time become parties thereto as lenders (collectively, the “Lenders”), Bank of America, N.A., in its capacity as syndication agent (the “Syndication Agent”) PNC Bank,
National Association, in its capacity as administrative agent for the Lenders (the “Administrative Agent;” the Administrative Agent, the Lenders, the Syndication Agent, the Secured Parties under the Collateral Trust Agreement, and
PNC Bank, National Association, as Corporate Trustee and Collateral Trustee under the Collateral Trust Agreement (the “Collateral Trustee”) are collectively referred to as the “Lender Parties” and each individually
as a “Lender Party”). This opinion letter is furnished to you pursuant to Section 7.1.4.1 of the Credit Agreement. Unless otherwise defined herein, terms used herein have the meanings provided for in the Credit Agreement.

 I. Documents Reviewed 
 In connection with this opinion letter, I have examined the following documents, each of which is dated as of the date of the Credit Agreement unless otherwise indicated: 

(a) the Credit Agreement; 
 (b) the Guaranty Agreement; 
 (c) the CNX Guaranty Agreement;

 (d) the Indemnity; 
 (e) the Intercompany Subordination Agreement; 

 (f) the CNX Intercompany Subordination Agreement; 

(g) the Notes; 

(h) the Security Documents, including, without limitation, the amendments to the Mortgages and Ship Mortgages dated the date hereof;

 (i) the Successor Agent Agreement; and 
 (j) that certain Patent, Trademark and Copyright Assignment and Copyright Assignment and Assumption dated as of April [12], 2011 made by Wilmington Trust Company, as assignor and PNC Bank, National
Association, as assignee. 
 The documents referred to in clauses (a) through (j) above are referred to collectively as
the “Subject Documents”. 
 In addition I have examined the following: 

(i) originals, or copies identified to my satisfaction as being true copies, of such records, documents and other
instruments as I have deemed necessary for the purposes of this opinion letter; 
 (ii) the articles or
certificate of incorporation, bylaws and board of directors resolutions, articles or certificate of organization, operating agreement and members’ consent, certificate of limited partnership, limited partnership agreement and consent of general
partner, or partnership agreement and consent of all of the partners, as the case may be, of each such Borrower Party (the “Organizational Documents”); and 

(iii) with respect to each Borrower Party, other than Conrhein Coal Company, a certificate issued by the Secretary of
State of the state of organization of such Borrower Party attesting to the continued existence and good standing of such Borrower Party in such state (collectively, the “Good Standing Certificates”). 

II. Assumptions Underlying My Opinions 
 For all purposes of the opinions expressed herein, I have assumed, without independent investigation, that: 
 (a) Factual Matters. With regard to factual matters, to the extent that I have deemed appropriate and have reviewed and relied upon certificates and assurances from public officials, all of such
certificates, representations and assurances are accurate; 
 (b) Contrary Knowledge of Addressee. No addressee of this
opinion letter has any actual knowledge that any of my factual assumptions or opinions is inaccurate; 

  
 2 

 (c) Signatures. The signatures of individuals signing the Subject Documents (other
than those of the Borrower Parties and the CNX Gas Loan Parties) are genuine and authorized; 
 (d) Authentic and Conforming
Documents. All documents submitted to me as originals are authentic, complete and accurate, and all documents submitted to me as copies conform to authentic original documents, and all documents submitted to us as drafts conform in all material
respects to the final executed versions of such documents; 
 (e) Capacity of Certain Parties. All parties to the Subject
Documents (other than the Borrower Parties) have the capacity and full power and authority to execute, deliver and perform the Subject Documents and the documents contemplated thereby or required or permitted to be delivered and performed
thereunder; 
 III. My Opinions 
 Based on and subject to the foregoing and the other limitations, assumptions, qualifications and exclusions set forth in this opinion letter, I am of the opinion that: 

1. Organizational Status. Each Borrower Party and each CNX Gas Loan Party, other than Conrhein Coal Company and Cardinal States
Gathering Company, is a corporation, partnership or limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as of the date set forth in the applicable Good Standing
Certificate. Conrhein Coal Company is a general partnership formed under the laws of the Commonwealth of Pennsylvania. Cardinal States Gathering Company is a general partnership formed under the laws of the Commonwealth of Virginia. 

2. Power and Authority. Each Borrower Party and each CNX Gas Loan Party has full power and authority to own and operate its
properties and assets and carry on its business as currently conducted except where the failure to have such power would not reasonably be expected to result in a Material Adverse Change. 

3. Authorization, Execution and Delivery. Each Borrower Party and each CNX Gas Loan Party has full power to enter into, execute,
deliver and carry out the Subject Documents to which it is a party, to incur the Indebtedness contemplated by the Subject Documents and to perform its Obligations under the Subject Documents to which it is a party, and all such actions have been
duly authorized by all necessary proceedings on its part. The Subject Documents have been duly executed and delivered on behalf of the Borrower Parties and the CNX Gas Loan Parties to the extent a party thereto. 

4. Subsidiaries. Based solely on my review of the registers of the respective Borrower Parties, each Borrower Party owns the
Subsidiary Shares, Partnership Interests and LLC Interests it purports to own as set forth in Schedule 6.1.2 of the Credit Agreement. I have no knowledge or reason to believe that such registers are not accurate. All Subsidiary Shares,
Partnership Interests and LLC Interests have been validly issued, and all Subsidiary Shares are fully paid and nonassessable. All capital contributions and other consideration required to be made or paid in connection with the issuance of the
Partnership Interests and LLC Interests have been made or paid, as the case may be. Based solely on my 

  
 3 

 
review of the registers of the respective Borrower Parties, there are no options, warrants or other rights outstanding to purchase any such Subsidiary Shares, Partnership Interests or LLC
Interests except as indicated on Schedule 6.1.2 to the Credit Agreement. I have no knowledge or reason to believe that such registers are not accurate. 
 5. No Conflicts. Neither the execution and delivery of the Subject Documents to which it is a party by any Borrower Party nor the consummation of the transactions therein contemplated or compliance
with the terms and provisions thereof by any of them will conflict with, constitute a default under or result in any breach of (i) the terms and conditions of the articles or certificate of incorporation, bylaws, articles or certificate of
limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents of any Borrower Party or any CNX Gas Loan Party, or (ii) any instrument, Material Contract, order, writ,
judgment, injunction or decree to which any Borrower Party or any CNX Gas Loan Party is a party or by which it is bound or to which it is subject, or result in the creation or enforcement of any Lien, charge or encumbrance upon any property (nor or
hereafter acquired) of any Borrower Party or any CNX Gas Loan Party (other than Liens granted under the Subject Documents), except that certain consents may be required under the contractual agreements in connection with any attempt to assign such
contracts pursuant to the assertion of remedies under the Subject Documents. 
 6. Litigation. There are no actions,
suits, proceedings or investigations pending or, to my knowledge, threatened against any Borrower Party or any CNX Gas Loan Party at law or equity before any Official Body that individually or in the aggregate would reasonably be expected to result
in any Material Adverse Change. To my knowledge, none of the Borrower Parties and none of the CNX Gas Loan Parties is in violation of any order, writ, injunction or any decree of any Official Body that would reasonably be expected to result in any
Material Adverse Change. 
 7. Approvals. Subject to paragraph V-6. below, no consent, approval, exemption, order or
authorization of, or registration or filing with, any Official Body or any other Person is required by any Material Contract in connection with the due execution, delivery and carrying out by any Borrower Party or any CNX Gas Loan Party of any
Subject Document to which it is a party except in each case as have previously been made or obtained. 
 8. Investment
Company Act. No Borrower Party and no CNX Gas Loan Party is required to register as an “investment company” under the Investment Company Act of 1940, as amended. 
 IV. Exclusions 
 I call your attention to the following matters as
to which I express no opinion: 
 1. Certain Laws. Federal securities laws or regulations, state securities and Blue Sky
laws or regulations, federal and state banking laws and regulations, pension and employee benefit laws and regulations, federal and state environmental laws and regulations, federal and state tax laws and regulations, federal and state health and
occupational safety 

  
 4 

 
laws and regulations, building code, zoning, subdivision and other laws and regulations governing the development, use and occupancy of real property, the Hart-Scott-Rodino Antitrust Improvements
Act of 1976 and other federal and state antitrust and unfair competition laws and regulations, the Assignment of Claims Act of 1940, and the effect of any of the foregoing on any of the opinions expressed. 

2. Local Ordinances. The ordinances, statutes, administrative decisions, orders, rules and regulations of any municipality,
county, special district or other political subdivision of any state. 
 V. Qualifications and Limitations

 The opinions set forth above are subject to the following qualifications and limitations: 

1. Applicable Law. I am licensed to practice law only in the Commonwealth of Pennsylvania. These opinions are limited to the
federal law of the United States, the laws of the State of Delaware and the laws of the Commonwealth of Pennsylvania, and I do not express any opinion concerning any other law. 

2. Bankruptcy. These opinions are subject to the effect of any applicable bankruptcy, insolvency (including, without limitation,
laws relating to preferences, fraudulent transfers and equitable subordination), reorganization, moratorium and other similar laws affecting creditors’ rights generally. 
 3. Knowledge. These opinions are based solely upon my current actual knowledge, after due inquiry, and do not include constructive, implied, imputed, presumed, or assumed notice or knowledge of
matters or information. Furthermore, such references mean only that I do not know of any fact or circumstance contradicting the statement that follows. Except as expressly set forth herein, I have not undertaken any independent investigation
(including, without limitation, conducting any review, search or investigation of any public files or records or dockets or any review of the Borrower Parties’ files) to determine the existence or absence of any facts, and no inference as to my
knowledge concerning such facts should be drawn from my reliance on the same in connection with the preparation and delivery of this opinion letter. 
 4. Material Changes to Terms. Provisions in the Subject Documents which provide that any obligations of a Borrower Party thereunder will not be affected by the action or failure to act on the part
of any Lender Party or by an amendment or waiver of the provisions contained in the other Subject Documents might not be enforceable under circumstances in which such action, failure to act, amendment or waiver so materially changes the essential
terms of the obligations that, in effect, a new contract has arisen between the Lender Parties and the Borrower Parties. 
 5.
Mathematical Calculations. I have made no independent verification of any of the numbers, schedules, formulae or calculations in the Subject Documents, and I render no opinion with regard to the accuracy, validity or enforceability of any of
them. 

  
 5 

 6. Certain Material Contracts. With respect the opinions expressed in Paragraphs
III-5 and 7 above, I express no opinion with regard to the Material Contracts set forth on Schedule II attached hereto. 

VI. Reliance on Opinions 
 The foregoing opinions are being furnished only to the Lender Parties and only for the purpose referred to in the first paragraph of this opinion letter, and this opinion letter is not to be furnished to
any other person or entity or used or relied upon for any other purpose without my prior written consent. At your request, I hereby consent to reliance hereon by any future successor or assignee of any Lender’s interest in the loans under the
Credit Agreement pursuant to an assignment that is made and consented to (to the extent consent is required) in accordance with the express provisions of Section 11.8 of the Credit Agreement, on the condition and understanding that
(i) this letter speaks only as of the date hereof, (ii) I have no responsibility or obligation to update this letter, to consider its applicability or correctness to any person other than its addressee(s), or to take into account changes
in law, facts or any other developments of which I may later become aware, and (iii) any such reliance by a future assignee must be actual and reasonable under the circumstances existing at the time of assignment, including any changes in law,
facts or any other developments known to or reasonably knowable by the assignee at such time. 
 The Lender Parties are hereby
permitted to be furnished and to rely on, subject to the assumptions, exclusions, qualifications, limitations and conditions therein, (i) the Opinion Letter dated as of June 30, 2004 given by Rowland Burns, in his capacity as senior
counsel to the Borrower, in connection with the closing of that certain Credit Agreement dated as of June 30, 2004 among the Borrower, the various financial institutions parties thereto and Citicorp North America, Inc. and PNC Bank, National
Association, as co-administrative agents, (ii) the Opinion Letter dated as of April 1, 2005 given by John F. Hammond, in his capacity as Senior Attorney to the Borrower, in connection with the closing of the 2005 Credit Agreement,
(iii) the Opinion Letter dated as of June 27, 2007 given by R. M. Vukas in his capacity as Senior Attorney to the Borrower in connection with the closing of the 2007 Credit Agreement, and (iv) the Opinion Letter dated as of
May 7, 2010 given by me in my capacity as Senior Counsel to the Borrower in connection with the closing of the 2010 Credit Agreement. 
 The headings or titles to paragraphs or sections of this opinion letter are for convenience of reference only and are not to be construed to have any effect or meaning with respect to such paragraphs or
sections. 
  

			
	Very truly yours,

  
 6 

 SCHEDULE I 

Borrower Parties 
  

			
	 BORROWER PARTY
	  	 JURISDICTION OF FORMATION

	 AMVEST Coal & Rail, L.L.C.
	  	Virginia
		
	 AMVEST Coal Sales, Inc.
	  	Virginia
		
	 AMVEST Corporation
	  	Virginia
		
	 AMVEST Gas Resources, Inc.
	  	Virginia
		
	 AMVEST Mineral Services, Inc.
	  	Virginia
		
	 AMVEST Minerals Company, L.L.C.
	  	Virginia
		
	 AMVEST Oil & Gas, Inc.
	  	Virginia
		
	 AMVEST West Virginia Coal, L.L.C.
	  	West Virginia
		
	 Braxton-Clay Land & Mineral, Inc.
	  	West Virginia
		
	 Central Ohio Coal Company
	  	Ohio
		
	 CNX Land Resources Inc.
	  	Delaware
		
	 CNX Marine Terminals, Inc.
	  	Delaware
		
	 Conrhein Coal Company
	  	Pennsylvania General Partnership
		
	 CONSOL Energy Holdings LLC VI
	  	Delaware
		
	 CONSOL Energy Sales Company
	  	Delaware
		
	 CONSOL Financial Inc.
	  	Delaware
		
	 CONSOL of Canada Inc.
	  	Delaware
		
	 CONSOL of Central Pennsylvania LLC
	  	Pennsylvania
		
	 CONSOL of Kentucky Inc.
	  	Delaware

			
	 BORROWER PARTY
	  	 JURISDICTION OF FORMATION

	 CONSOL of Ohio LLC
	  	Ohio
		
	 CONSOL of WV LLC
	  	West Virginia
		
	 CONSOL of Wyoming LLC
	  	Delaware
		
	 Consol Pennsylvania Coal Company LLC
	  	Delaware
		
	 Consolidation Coal Company
	  	Delaware
		
	 Eighty-Four Mining Company
	  	Pennsylvania
		
	 Fola Coal Company, L.L.C.
	  	West Virginia
		
	 Glamorgan Coal Company, L.L.C.
	  	Virginia
		
	 Helvetia Coal Company
	  	Pennsylvania
		
	 Island Creek Coal Company
	  	Delaware
		
	 Keystone Coal Mining Corporation
	  	Pennsylvania
		
	 Laurel Run Mining Company
	  	Virginia
		
	 Leatherwood, Inc.
	  	Pennsylvania
		
	 Little Eagle Coal Company, L.L.C.
	  	West Virginia
		
	 McElroy Coal Company
	  	Delaware
		
	 Mon River Towing, Inc.
	  	Pennsylvania
		
	 MTB Inc.
	  	Delaware
		
	 Nicholas-Clay Land & Mineral, Inc.
	  	Virginia
		
	 Peters Creek Mineral Services, Inc.
	  	Virginia
		
	 Reserve Coal Properties Company
	  	Delaware
		
	 Rochester & Pittsburgh Coal Company
	  	Pennsylvania

			
	 BORROWER PARTY
	  	 JURISDICTION OF FORMATION

	 Southern Ohio Coal Company
	  	West Virginia
		
	 TEAGLE Company, L.L.C.
	  	Virginia
		
	 TECPART Corporation
	  	Delaware
		
	 Terra Firma Company
	  	West Virginia
		
	 Terry Eagle Coal Company, L.L.C.
	  	West Virginia
		
	 Terry Eagle Limited Partnership
	  	West Virginia
		
	 Twin Rivers Towing Company
	  	Delaware
		
	 Vaughan Railroad Company
	  	West Virginia
		
	 Windsor Coal Company
	  	West Virginia
		
	 Wolfpen Knob Development Company
	  	Virginia

 SCHEDULE II 
 1. $1,500,000,000 aggregate principal amount of CONSOL Energy Inc. (“Company”) 8.000% Senior Notes due 2017 (the “2017 Notes”) 

2. Indenture, dated April 1, 2010, among the Company, each of the Company’s subsidiaries (each such subsidiary, a “Guarantor”,
and collectively, the “Guarantors”) and The Bank of Nova Scotia Trust Company of New York, as trustee (the “Trustee”) for the 2017 Notes. 
 3. $1,250,000,000 aggregate principal amount of the Company’s 8.250% Senior Notes due 2020 (the “2020 Notes”). 
 4. Indenture, dated April 1, 2010, among the Company, the Guarantors and the Trustee for the 2020 Notes. 
 5. $250,000,000 aggregate principal amount of the Company’s 6.375% Senior Notes due 2021 (the “2021 Notes”). 
 6. Indenture, dated March 9, 2011, among the Company, certain of its subsidiaries, and The Trustee, as trustee for the for the 2021 Notes. 
 7. Amended and Restated Receivables Purchase Agreement, dated as of April 30, 2007, by and among CNX Funding Corporation, as seller (the “Seller”), CONSOL Energy Inc. as initial
servicer (the “Initial Servicer”), the sub-servicers party thereto (the “Sub-Servicers”), the conduit purchasers party thereto (the “Conduit Purchasers”), the purchaser agents party thereto (the
“Purchaser Agents”), the “LC Participants” party thereto (the “LC Participants”) and PNC Bank, National Association, as administrator for the Conduit Purchasers (the “Administrator”) and
as issuer of letters of credit (the “LC Bank”). 
 8. First Amendment to Amended and Restated Receivables Purchase Agreement,
dated as of May 9, 2007, by and among the Seller, the Initial Servicer, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 

9. Second Amendment to Amended and Restated Receivables Purchase Agreement, dated as of July 27, 2007, by and among the Seller, the Initial
Servicer, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 
 10. Third Amendment to Amended and Restated Receivables Purchase Agreement, dated as of November 16, 2007, by and among the Seller, the Initial Servicer, the Sub-Servicers party thereto, the Conduit
Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 
 11.
Fourth Amendment to Amended and Restated Receivables Purchase Agreement, dated as of April 27, 2009, by and among the Seller, the Initial Servicer, the Sub-Servicers party thereto, the Conduit Purchasers party thereto, the Purchaser Agents
party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 

 12. Fifth Amendment to Amended and Restated Receivables Purchase Agreement and Waiver, dated as of
March 12, 2010, by and among the Seller, the Initial Servicer, the Sub Servicers party thereto, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank.

 13. Sixth Amendment to Amended and Restated Receivables Purchase Agreement, dated as of April 23, 2010, by and among Seller, the Initial
Servicer, the Sub-Servicers party thereto, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 
 14. Purchase and Sale Agreement, dated as of April 30, 2003, by and among CONSOL Energy Inc. and the other originators party thereto (collectively, the “Originators”), the Initial
Servicer and CNX Funding Corporation (the “CNX Funding”). 
 15. First Amendment to Purchase and Sale Agreement, dated as of
April 30, 2007, by and among the Originators party thereto and CNX Funding. 
 16. Second Amendment to Purchase and Sale Agreement, dated
as of November 16, 2007, by and among the Originators party thereto and CNX Funding. 
 17. Third Amendment to the Purchase and Sale
Agreement, dated as of March 12, 2010, by and among the Originators party thereto and CNX Funding. 
 18. Guaranty and Suretyship
Agreement, dated as of April 30, 2003, by CONSOL Energy Inc., as guarantor in favor of CNX Funding. 
 19. Amended and Restated Credit
Agreement (the “CNX Credit Agreement”), dated as of April [12], 2011, by and among CNX Gas Corporation, a Delaware corporation, each of the guarantors party thereto, the lenders party thereto, and PNC Bank National Association, in its
capacity as administrative agent for the lenders, and the other parties thereto. 
 20. CONSOL Amended and Restated Continuing Agreement of
Guaranty and Suretyship, dated as of April [12], 2011, jointly and severally given by each of the guarantors party thereto and each of the other person which becomes a guarantor thereunder from time to time in favor of PNC Bank National Association,
in its capacity as administrative agent, in connection with the CNX Credit Agreement. 
 21. Amended and Restated Continuing Agreement of
Guaranty and Suretyship, dated as of April [12], 2011, jointly and severally given by each of the guarantors party thereto and each of the other person which becomes a guarantor thereunder from time to time in favor of PNC Bank National Association,
in its capacity as administrative agent, in connection with the CNX Credit Agreement. 
 22, Loan Agreement dated as of September 1, 2010
by and between Maryland Economic Development Corporation, a body politic an corporate instrumentality of the State of Maryland, and CNX Marine Terminals Inc., a Delaware corporation (relating to $102,865,000 aggregate principal amount of Port
Facilities Refunding Revenue Bonds (CNX Marine Terminals Inc. Port of Baltimore Facility) Series 2010). 

 EXHIBIT 7.1.4(B) 

Form of Opinion of Reed Smith LLP 
 April 12, 2011 
  

	TO:	Each of the Lender Parties referenced below 

 CONSOL ENERGY INC. 
 Ladies and Gentlemen: 

We have acted as special New York, Pennsylvania and Virginia counsel to CONSOL Energy Inc., a Delaware corporation (the
“Borrower”), and each of the guarantors identified on Schedule I attached hereto (collectively, the “Guarantors;” the Borrower and the Guarantors are collectively referred to as the “Borrower
Parties” and each individually as a “Borrower Party”) in connection with the transactions contemplated by the Amended and Restated Credit Agreement dated as of April 12, 2011 (the “Credit Agreement”)
among the Borrower Parties, the various financial institutions as are or may from time to time become parties thereto as lenders (collectively, the “Lenders”), Bank of America, N.A., in its capacity as syndication agent (the
“Syndication Agent”) and PNC Bank, National Association, in its capacity as administrative agent for the Lenders (the “Administrative Agent;” the Administrative Agent, the Syndication Agent, the Lenders, the Secured
Parties under the Collateral Trust Agreement, and PNC Bank, National Association, as Corporate Trustee under the Collateral Trust Agreement (the “Collateral Trustee”) are collectively referred to as the “Lender Parties”
and each individually as a “Lender Party”). This opinion letter is furnished to you pursuant to Section 7.1.4.2 of the Credit Agreement. Unless otherwise defined herein, terms used herein have the meanings provided for in the
Credit Agreement. 
 I. Documents Reviewed 

In connection with this opinion letter, we have examined the following documents, each of which is dated as of the date of the Credit
Agreement unless otherwise indicated: 
 (a) the Credit Agreement; 

(b) the Guaranty Agreement; 
 (c) the CNX Gas Guaranty Agreement; 
 (d) the Indemnity;

 (e) the Intercompany Subordination Agreement; 

(f) the CNX Gas Intercompany Subordination Agreement; 

 (g) the Notes; 

(h) the Security Documents; 
 (i) the Successor Agent Agreement; and 
 (j) that certain Patent,
Trademark and Copyright Assignment and Copyright Assignment and Assumption dated as of April 12, 2011 made by Wilmington Trust Company, as assignor and PNC Bank, National Association, as assignee (the “PTC Assignment”). 

The documents referred to in clauses (a) through (j) above are referred to collectively as the “Subject
Documents”. As used herein “Delaware UCC” means the Uniform Commercial Code as in effect on the date hereof in the State of Delaware, “New York UCC” means the Uniform Commercial Code as in effect on the
date hereof in the State of New York, “Ohio UCC” means the Uniform Commercial Code as in effect on the date hereof in the State of Ohio “Pennsylvania UCC” means the Uniform Commercial Code as in effect on the date
hereof in the Commonwealth of Pennsylvania, “Virginia UCC” means the Uniform Commercial Code as in effect on the date hereof in the Commonwealth of Virginia, “West Virginia UCC” means the Uniform Commercial Code as
in effect on the date hereof in the State of West Virginia and “UCC” means the Delaware UCC, the New York UCC, the Ohio UCC, the Pennsylvania UCC, the Virginia UCC or the West Virginia UCC, as applicable. 

In addition we have examined the following: 
 (i) originals, or copies identified to our satisfaction as being true copies, of such records, documents and other instruments as we have deemed necessary for the purposes of this opinion letter;

 (ii) unfiled copies of UCC-3 Financing Statements (the “UCC Amendments”) each naming a
Borrower Party identified on Schedule II attached hereto, as debtor, and naming, in each case, the Collateral Trustee, as secured party, to be filed with the office listed on Schedule II, as applicable to each Borrower Party
(collectively, the “UCC Filing Offices”) each of which relates to an underlying previously filed UCC-1 Financing Statement (the “Existing Financing Statements”) each naming a Borrower Party as debtor and naming, in
each case, Wilmington Trust Company, as secured party (collectively, the “Financing Statements”); and 
 (iii) a Certificate of the Borrower, a copy of which is attached as Annex A to this Opinion (the “Borrower’s Certificate”), together with the agreements and instruments referred to
on Schedule I thereto (collectively, the “Reviewed Agreements”). 
 II. Assumptions Underlying Our
Opinions 
 For all purposes of the opinions expressed herein, we have assumed, without independent investigation, that:

  
 2 

 (a) Factual Matters. With regard to factual matters, to the extent
that we deemed appropriate and we have reviewed and relied upon (a) the Borrower’s Certificate and other certificates of each Borrower Party or authorized representative thereof, (b) representations of each Borrower Party set forth in
the Subject Documents and (c) certificates and assurances from public officials, all of such certificates, representations and assurances are accurate with regard to factual matters and all official records, including filings with public
authorities, are properly indexed and filed, and except for the UCC Financing Statements, are accurate and complete. 
 (b) Signatures. The signatures of individuals signing the Subject Documents are genuine and authorized. 
 (c) Authentic and Conforming Documents. All documents submitted to us as originals are authentic, complete and accurate, and all documents submitted to us as copies conform to authentic original
documents. 
 (d) Organizational Status. Each Borrower Party is a corporation, partnership or limited
liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization. Each Borrower Party is duly qualified, in good standing and authorized to do business in each jurisdiction where the
ownership or leasing of real estate, the ownership of substantial assets other than real estate, the conduct of substantial business or the location of employees require it to be so qualified. 

(e) Power and Authority. All parties to the Subject Documents have the capacity and full power and authority to execute,
deliver and perform the Subject Documents and all documents and instruments contemplated thereby or required or permitted to be delivered thereunder and each Borrower Party has full power and authority to (i) own and operate its properties and
assets and carry on its business as currently conducted, (ii) to incur the Indebtedness contemplated by the Subject Documents and (iii) to perform its Obligations under the Subject Documents to which it is a party. 

(f) Authorization, Execution and Delivery. All of the Subject Documents and all documents and instruments
contemplated thereby or required or permitted to be delivered thereunder have been duly authorized by all necessary corporate or other action on the part of the parties thereto and have been duly executed and delivered by such parties. 

(g) Binding Effect. All of the Subject Documents and all documents and instruments contemplated thereby or required
or permitted to be delivered thereunder are valid, binding and enforceable obligations of the parties thereto (other than the Borrower Parties and the CNX Gas Loan Parties). 

(h) No Contravention. Neither the execution and delivery of the Subject Documents by any party thereto nor the
performance by any party thereto with the terms and provisions thereof will conflict with or result in a breach of (i) the certificate or articles of incorporation, bylaws, certificate or articles of organization, operating agreement,
certificate of limited partnership, partnership agreement, trust agreement or other similar organizational documents of any such party, (ii) any law or regulation of any jurisdiction applicable to any such party (other than the laws and
regulations specified in paragraph III 2(a)) or (iii) any order, writ, injunction or decree of any court or governmental instrumentality or agency applicable to any such party or any agreement or instrument to which any such party is a
party or by which its properties are subject or bound (other than, in the case of the Borrower Parties, the Reviewed Agreements and the Liens granted under the Subject Documents). 

(i) Proceedings. There is no outstanding judgment, action, suit or proceeding pending against any Borrower Party
before any court, governmental agency or arbitrator which 

  
 3 

 
challenges the legality, validity, binding effect or enforceability of any Subject Document to which such Borrower Party is a party. 

(j) Consents for Certain Parties. All necessary consents, authorizations, approvals, permits or certificates
(governmental, contractual and otherwise) which are required as a condition to the execution and delivery of the Subject Documents and all documents and instruments contemplated thereby or required or permitted to be delivered thereunder by the
parties thereto (other than the Borrower Parties and the CNX Gas Loan Parties to the extent such consents, authorizations, approvals, filings, permits or certificates are specified in the opinion in paragraph III-3 below) and to the
consummation by such parties of the transactions contemplated thereby have been obtained. 
 (k) Investment
Company Act. No Borrower Party is an “investment company” or a company “controlled by” an “investment company” within the meaning of the Investment Company Act of 1940, as amended. 

(l) Contrary Knowledge of Addressee. No addressee of this opinion letter has any actual knowledge that any of our
factual assumptions or opinions is inaccurate. 
 (m) Accurate Description of Parties’ Understanding.
The Subject Documents accurately describe and contain the mutual understanding of the parties, and there are no oral or written statements or agreements that modify, amend or vary, or purport to modify, amend or vary, any of the terms thereof.

 (n) Value. Loans have been made and credit extended by and from the Secured Parties (as defined in the
Collateral Trust Agreement) and value has been given to and for the benefit of each Borrower Party within the meaning of Section 9-203(b)(1) of the New York UCC under and pursuant to the Subject Documents, and each of the Borrower Parties has
rights in the Collateral described in the Security Documents or the power to transfer rights in such Collateral sufficient to grant the liens and security interests contemplated in the Security Documents. 

(o) Existing Financing Statements. Each Existing Financing Statement is correctly filed, indexed and recorded in
the appropriate UCC Filing Office and the appropriate fee has been tendered. 
 (p) Possessory Collateral.
Immediately prior to the effectiveness of the Successor Agent Agreement, Wilmington Trust Company in its capacity as Collateral Trustee under the Collateral Trust Agreement maintains possession of the Instruments and Certificated Securities defined
in our opinion 5(b) and 5(c) below. 
 (q) Existing Control Agreements. Each of the deposit account
control agreements and securities account control agreements listed on Schedule III.A. hereto (each a “Control Agreement”) are in full force and effect immediately prior to the effectiveness of the Successor Agent Agreement. 

III. Our Opinions 
 Based on and subject to the foregoing and the other limitations, assumptions, qualifications and exclusions set forth in this opinion letter, we are of the opinion that: 

  
 4 

 1. Enforceability. Each Subject Document to which a Borrower Party or
a CNX Gas Loan Party is a party constitutes the valid, binding and enforceable obligation of such Borrower Party or such CNX Gas Loan Party, as the case may be. 
 2. Noncontravention. Neither the execution, delivery and performance by any Borrower Party of any Subject Document to which it is a party (including the receipt of extensions of credit thereunder),
nor the compliance by any Borrower Party with the terms and provisions thereof: (a) violates any present law, statute or regulation of the State of New York, the Commonwealth of Pennsylvania, the Commonwealth of Virginia or the United States
(including Regulation U of the Board of Governors of the Federal Reserve System) that is applicable to such Borrower Party or such CNX Gas Loan Party, as the case may be, or the Delaware General Corporation Law (the “DGCL”) or the Delaware
Limited Liability Company Act (the “DLLCA”); or (b) results in any breach of any of the terms of, or constitutes a default under, any Reviewed Agreement or results in the creation or imposition of any Lien (except as contemplated by
the Subject Documents) upon any assets of such Borrower Party or such CNX Gas Loan Party pursuant to the terms of any Reviewed Agreement. 
 3. Governmental Approvals. No consent, approval, or authorization of, or filing with, any governmental authority of the State of New York, the Commonwealth of Pennsylvania, the Commonwealth of
Virginia, or the United States or under the DGCL or the DLLCA is required for (a) the due execution, delivery and performance by any Borrower Party or any CNX Gas Loan Party of any Subject Document to which it is a party or (b) the
validity, binding effect or enforceability of any Subject Document to which any Borrower Party or any CNX Gas Loan Party is a party, except (i) in each case as have previously been made or obtained and (ii) filings and recordings which are
necessary to perfect the security interests granted under the Security Documents (including, without limitation, the filing of the Mortgages, the PTC Assignment and the UCC Amendments). 

4. Creation of Security Interests. (a) The Security Agreement is effective to create a valid security interest
in favor of the Collateral Trustee (for the benefit of the Secured Parties (as defined in the Collateral Trust Agreement)) to secure the indebtedness described therein, in all right, title and interest of each Borrower Party that is a party to the
Security Agreement in and to all personal property included in the term “Collateral” (as defined in the Security Agreement) in which a security interest can be granted under Article 9 of the New York UCC (collectively, the “Article
9 Collateral”). 
 (b) The Pledge Agreement is effective to create a valid security interest in favor of
the Collateral Trustee (for the benefit of the Secured Parties) to secure the indebtedness described therein, in all right, title and interest of each Borrower Party that is a party to the Pledge Agreement in the Pledged Collateral (as defined in
the Pledge Agreement) in which a security interest can be granted under Article 9 of the New York UCC (the Article 9 Collateral and the Pledged Collateral are collectively referred to hereinafter as the “Subject Collateral”).

 5. Perfection. (a) Each UCC Amendment is in appropriate form for recording in the corresponding
UCC Filing Office. Upon such recording, the Collateral Trustee will continue to have a perfected security interest in those items of the Subject Collateral in which a security interest may be perfected under Article 9 of the Delaware UCC, the
Pennsylvania UCC, the Virginia UCC, the Ohio UCC or the West Virginia UCC, as applicable, by the filing of a financing statement in the UCC Filing Offices. 
 (b) Upon the effectiveness of the Successor Agent Agreement, through possession by Wilmington Trust Company as bailee of the Collateral Trustee, and thereafter by delivery

  
 5 

 
from Wilmington Trust Company to the Collateral Trustee (for the benefit of the Secured Parties), and the Collateral Trustee’s taking possession (within the meaning of Section 9-313(a)
of the New York UCC), in the State of New York of that portion of the Article 9 Collateral consisting of instruments (within the meaning of Section 9-102(a)(47) of the New York UCC) (the “New York Delivered Instruments”), the
Collateral Trustee (for the benefit of the Secured Parties) will have a perfected security interest in the New York Delivered Instruments; and (ii) upon delivery to the Collateral Trustee (for the benefit of the Secured Parties), and the
Collateral Trustee’s taking possession (within the meaning of Section 9-313(a) of the Delaware UCC), in the State of Delaware of that portion of the Article 9 Collateral consisting of instruments (within the meaning of
Section 9-102(a)(47) of the Delaware UCC) (the “Delaware Delivered Instruments”; the New York Delivered Instruments and the Delaware Delivered Instruments collectively, the “Instruments”), the Collateral
Trustee, (for the benefit of the Secured Parties) will have a perfected security interest in the Delaware Delivered Instruments; 
 (c) Upon the effectiveness of the Successor Agent Agreement, through possession by Wilmington Trust Company as bailee of the Collateral Trustee, and thereafter by delivery from Wilmington Trust Company to
the Collateral Trustee (for the benefit of the Secured Parties), and the Collateral Trustee’s taking possession (within the meaning of Section 9-313(a) of the New York UCC), in the State of New York of that portion of the Article 9
Collateral consisting of certificated securities (within the meaning of section 8-102(a)(4) of the New York UCC) in registered form, issued or indorsed in the name of the Collateral Trustee or in blank by an effective endorsement, or accompanied by
undated stock powers with respect thereto duly indorsed in blank by an effective endorsement (the “New York Delivered Certificated Securities”), the Collateral Trustee (for the benefit of the Secured Parties) will have a perfected
security interest in the New York Delivered Certificated Securities; and (ii) upon delivery to the Collateral Trustee, (for the benefit of the Secured Parties), and the Collateral Trustee’s taking possession (within the meaning of
Section 9-313(a) of the Delaware UCC), in the State of Delaware of that portion of the Article 9 Collateral consisting of certificated securities (within the meaning of section 8-102(a)(4) of the Delaware UCC) in registered form, issued or
indorsed in the name of the Collateral Trustee or in blank by an effective endorsement, or accompanied by undated stock powers with respect thereto duly indorsed in blank by an effective endorsement (the “Delaware Delivered Certificated
Securities”; the New York Delivered Certificated Securities and the Delaware Delivered Securities collectively the “Certificated Securities”), the Collateral Trustee (for the benefit of the Secured Parties) will have a
perfected security interest in the Delaware Delivered Certificated Securities. 
 (d) Upon (i) the
effectiveness of the Successor Agent Agreement, and (ii) the acknowledgement of each respective depository bank or securities intermediary of receipt of the appropriate notice of assignment listed on Schedule III.B. hereto (each an
“Assignment Notice”), the Collateral Trustee will have a perfected security interest in the applicable deposit account or securities account described in the Control Agreement to which such relevant Notice relates. 

IV. Exclusions 
 We express no opinion with respect to the following matters: 
 (a)
Indemnification and Change of Control. The enforceability of any agreement of a Borrower Party in a Subject Document relating to (i) indemnification, contribution 

  
 6 

 
or exculpation from costs, expenses or other liabilities or (ii) changes in the organizational control or ownership of such Borrower Party, which agreement (in the case of clause (i) or
clause (ii)) is contrary to public policy or applicable law; 
 (b) Fraudulent Transfer. The effect, if
applicable, of fraudulent conveyance, fraudulent transfer and preferential transfer laws and principles of equitable subordination; 
 (c) Jurisdiction, Venue, etc. The enforceability of any agreement of a Borrower Party in a Subject Document to submit to the jurisdiction of any specific federal or state court (other than the
enforceability in a court of the State of New York of any such agreement to submit to the jurisdiction of a court of the State of New York), to waive any objection to the laying of the venue, to waive the defense of forum non conveniens in
any action or proceeding referred to therein, to waive trial by jury, to effect service of process in any particular manner or to establish evidentiary standards, and any agreement of a Borrower Party regarding the choice of law governing a Subject
Document (other than the enforceability in a court of the State of New York of any such agreement that the laws of the State of New York shall govern a Subject Document); 

(d) Trust Relationship. The creation of any trust relationship by any Borrower Party on behalf of any Lender Party;

 (e) Certain Laws. Federal securities laws or regulations, state securities and Blue Sky laws or
regulations, federal and state banking laws and regulations (except as expressly provided in paragraph III 2(a)), pension and employee benefit laws and regulations, federal and state environmental laws and regulations, federal and state tax
laws and regulations, federal and state health and occupational safety laws and regulations, building code, zoning, subdivision and other laws and regulations governing the development, use and occupancy of real property, the Hart-Scott-Rodino
Antitrust Improvements Act of 1976 and other federal and state antitrust and unfair competition laws and regulations, the Assignment of Claims Act of 1940, and the effect of any of the foregoing on any of the opinions expressed; 

(f) Local Ordinances. The ordinances, statutes, administrative decisions, orders, rules and regulations of any
municipality, county, special district or other political subdivision of any state; 
 (g) Certain Agreements
of Borrower Parties. Any agreement of a Borrower Party in a Subject Document providing for: 
 (i) specific
performance of any Borrower Party’s obligations; 
 (ii) the right of any purchaser of a participation
interest from any Lender to set off or apply any deposit, property or indebtedness with respect to any such participation interest; 
 (iii) establishment of a contractual rate of interest payable after judgment; 
 (iv) adjustments of payments among Lenders or rights of set off; 

(v) the granting of any power of attorney; 

  
 7 

 (vi) survival of liabilities and obligations of any party under any of the
Subject Documents arising after the effective date of termination of the Credit Agreement; or 
 (vii)
obligations to make an agreement in the future; 
 (h) Remedies. Any provision in any Subject Document to
the effect that rights or remedies are not exclusive, that every right or remedy is cumulative and may be exercised in addition to any other right or remedy, that the election of some particular remedy does not preclude recourse to one or more
others or that failure to exercise or delay in exercising rights or remedies will not operate as a waiver of any such right or remedy; 
 (i) UCC Choice of Law. Any provision in any Subject Document with respect to governing law to the extent that such provision purports to affect the choice of law governing perfection and
non-perfection of the security interests; 
 (j) Sale of Subject Collateral. Any provision in any Subject
Document relating to the sale or other disposition of Subject Collateral except in compliance with the UCC (including any purchase thereof by the Collateral Trustee); 

(k) Custody of Collateral. Any provisions in any Subject Document providing for the care of Subject Collateral in
the possession of the Collateral Trustee to the extent inconsistent with Section 9-207 of the UCC; 
 (l)
Waivers. Any purported waiver, release, variation, disclaimer, consent or other agreement to similar effect (collectively, a “Waiver”) by any Borrower Party under any Subject Document to the extent limited by Sections
1-102(3) or 9-602 of the UCC or other provisions of applicable law (including judicial decisions), except to the extent that such Waiver is effective under and is not prohibited by or void or invalid under Section 9-602 of the UCC or other
provisions of applicable law (including judicial decisions); 
 (m) Title or Priority. Any person’s
ownership rights in or title to, or priority of any security interest or lien on or with respect to, any property or assets forming any part of the Subject Collateral; 

(n) Security Interest in Certain Types of Collateral. Either: (i) the creation of any security interest
purported to be granted in or in respect of any property or assets, the creation of a security interest which is excluded from the coverage of Article 9 of the UCC or any consumer goods or (ii) the perfection of any security interest purported
to be granted in (A) any of the assets described under clause (i) above, (B) timber to be cut, as extracted collateral, or rights therein, (C) fixtures, (D) inventory which is subject to any negotiable documents of title
(such as negotiable bills of lading or warehouse receipts), (E) “know how”, copyrights, patents, trademarks, service marks, licenses, trade secrets, trade names and other intellectual property except to the extent a security interest
therein can be perfected by filing of a financing statement, or (F) any other property or assets, the perfection of a security interest in which is subject to (1) a statute or treaty of the United States which provides for a national or
international registration or a national or international certificate of title for the perfection or recordation of a security interest therein or which specifies a place of filing different from that specified in the UCC for filing to perfect or
record such security interest, (2) a certificate of title statute or (3) the laws of any jurisdiction other than the State of New York, the Commonwealth of Pennsylvania, the Commonwealth of Virginia, Article 9 of the Delaware UCC, Article
9 of the Ohio UCC, Article 9 of the West Virginia UCC, or the United States; 

  
 8 

 (o) Enforceability of Lien on Certain Types of Collateral. The enforceability of any
lien on or security interest in any Subject Collateral: 
 (i) consisting of goods of a consignor who has
delivered such goods to any Borrower Party under a true consignment (as distinguished from a consignment intended as security); 
 (ii) as against a “buyer in the ordinary course of business” (within the meaning of Article 9 of the UCC) of the Subject Collateral; and 

(iii) consisting of inventory of any Borrower Party in the event of any failure by a Borrower Party to have fully complied
with the Fair Labor Standards Act of 1932, as amended, including Sections 206 and 207 thereof; and 
 (p) Security
Interests. The creation, validity or perfection of any security interest or lien purported to be granted in or in respect of any of the Subject Collateral, other than as expressly provided in paragraphs III-4 and III-5 above.

 V. Qualifications and Limitations 
 The opinions set forth above are subject to the following qualifications and limitations: 
 (a) Applicable Law. Our opinions are limited to the federal law of the United States, and the laws of the State of New York, the Commonwealth of Pennsylvania, the Commonwealth of Virginia, the
DGCL, the DLLCA, the Delaware UCC, the Ohio UCC, and the WV UCC, and we do not express any opinion concerning any other law. With respect to our opinion 5(a) and the applicable provisions of the Delaware UCC, the Ohio UCC and the West Virginia UCC,
we have, with your permission, confined our investigation of the laws of such jurisdiction to an examination of the relevant provisions of the Uniform Commercial Code as in effect in such jurisdiction as set forth in a standard compilation such as
the CCH Secured Transactions Guide. 
 (b) Bankruptcy. Our opinions are subject to the effect of
any applicable bankruptcy, insolvency (including, without limitation, laws relating to preferences, fraudulent transfers and equitable subordination), reorganization, moratorium and other similar laws affecting creditors’ rights generally.

 (c) Equitable Principles. Our opinions are subject to the effect of general principles of equity
(regardless of whether considered in a proceeding in equity or at law), including, without limitation, concepts of materiality, reasonableness, good faith and fair dealing. In applying such principles, a court, among other things, might limit the
availability of specific equitable remedies (such as injunctive relief and the remedy of specific performance), might not allow a creditor to accelerate maturity of debt or exercise other remedies upon the occurrence of a default deemed immaterial
or for non-credit reasons or might decline to order a debtor to perform covenants in a Subject Document. Further, a court may refuse to enforce a covenant if and to the extent that it deems such covenant to be violative of applicable public policy.

 (d) Unenforceability of Certain Provisions. Certain of the provisions contained in the Subject
Documents (including, without limitation, provisions that (i) require waivers or amendments to be made only in writing, (ii) purport to waive the right of statutory or equitable redemption or (iii) provide for the exercise of
self-help or other remedies without judicial process) 

  
 9 

 
may be unenforceable or ineffective, in whole or in part, but the inclusion of such provisions does not render any Subject Document invalid as a whole, and each of the Subject Documents contains,
in our opinion, adequate remedial provisions for the ultimate practical realization of the principal benefits purported to be afforded by such Subject Document, subject to the other qualifications contained in this opinion letter. We note, however,
that the unenforceability of such provisions may result in delays in enforcement of the rights and remedies of the Lender Parties under the Subject Documents, and we express no opinion as to the economic consequences, if any, of such delays.

 (e) Choice of New York Law and Forum. To the extent that any opinion relates to the enforceability of
the choice of New York law and choice of New York forum provisions of any Subject Document, our opinion is rendered in reliance upon N.Y. Gen. Oblig. Law §§ 5-1401 and 5-1402 (McKinney 2001) and N.Y. CPLR 327(b) (McKinney 2001) and is
subject to the qualification that such enforceability may be limited by public policy considerations of any jurisdiction, other than the courts of the State of New York, in which enforcement of such provisions, or of a judgment upon an agreement
containing such provisions, is sought. 
 (f) Knowledge. Whenever our opinions or qualifications are
stated to be “to our knowledge” or “known to us” (or words of similar import), it means the actual knowledge of the particular Reed Smith LLP attorneys who have provided substantive representation of the Borrower Parties or the
CNX Gas Loan Parties. Except as expressly set forth herein, we have not undertaken any independent investigation (including, without limitation, conducting any review, search or investigation of any public files or records or dockets or any review
of our files) to determine the existence or absence of any facts, and no inference as to our knowledge concerning such facts should be drawn from our reliance on the same in connection with the preparation and delivery of this opinion letter.

 (g) Noncontravention and Governmental Approvals. With respect to the opinions expressed in
paragraphs III-2 and III-3, our opinions are limited (i) to our actual knowledge, if any, of the Borrower Parties’ specially regulated business activities and properties based solely upon the Borrower’s Certificate in
respect of such matters and without any independent investigation or verification on our part and (ii) to our review of only those laws and regulations that, in our experience, are normally applicable to transactions of the type contemplated by
the Subject Documents. 
 (h) Use of Proceeds. With respect to our opinion in paragraph III-2 as it
relates to Regulations T, U and X of the Board of Governors of the Federal Reserve System, we have assumed that the Borrower will comply with the provisions of the Credit Agreement relating to the use of proceeds. 

(i) Material Changes to Terms. Provisions in the Subject Documents which provide that any obligations of a Borrower
Party thereunder will not be affected by the action or failure to act on the part of any Lender Party or by an amendment or waiver of the provisions contained in the other Subject Documents might not be enforceable under circumstances in which such
action, failure to act, amendment or waiver so materially changes the essential terms of the obligations that, in effect, a new contract has arisen between the Lender Parties and the Borrower Parties. 

(j) Incorporated Documents. This opinion does not relate to (and we have not reviewed) any documents or instruments
other than the Subject Documents and the Reviewed Agreements, and we express no opinion as to such other documents or instruments (including, without limitation, any documents or instruments referenced or incorporated in any of the Subject Documents
and the Reviewed Agreements) and any such other documents and instruments and the effect the same may have on the foregoing opinions. 

  
 10 

 (k) Mathematical Calculations. We have made no independent
verification of any of the numbers, schedules, formulae or calculations in the Subject Documents, and we render no opinion with regard to the accuracy, validity or enforceability of any of them. 

(l) Security Interest in Proceeds. The continuation and perfection of the Collateral Trustee’s security
interest in the proceeds of the Subject Collateral are limited to the extent set forth in Section 9-315 of the UCC. 
 (m) Actions to Continue Effectiveness. We call to your attention to the following. In general, under Section 9515 of the UCC, a financing statement is effective for a period of five years from
the date of filing. The effectiveness of a filed financing statement lapses upon the expiration of such period unless a continuation statement is filed prior to such lapse in accordance with the UCC. Upon such lapse the security interest in question
would, in general, become unperfected. In general, a continuation statement may be filed within six months prior to the expiration of such five year period. Upon timely filing of a continuation statement in accordance with the UCC, the effectiveness
of the original financing statement is continued for five years after the last date on which the filing was effective, whereupon such filing would lapse in the same manner unless another continuation is filed prior to such lapse. Succeeding
continuation statements may be filed in the same way to continue the effectiveness of the financing statement. 

(n) After-Acquired Property. A security interest in any Subject Collateral that constitutes after-acquired
collateral does not attach until the applicable Borrower Party has rights in such after-acquired collateral. 

(o) Property Acquired after Commencement of Bankruptcy Case. In the case of property which becomes part of the
Subject Collateral after the date hereof, Section 552 of the Bankruptcy Reform Act of 1978, as amended (the “Bankruptcy Code”) limits the extent to which property acquired by a debtor after the commencement of a case under the
Bankruptcy Code may be subject to a security interest arising from a security agreement entered into by the debtor before the commencement of such case. 
 (p) After-Acquired Property as Voidable Preference. In the case of property which becomes part of the Subject Collateral after the date hereof, Section 547 of the Bankruptcy Code provides that
a transfer is not made until the debtor has rights in the property transferred, so a security interest in after-acquired property which is security for other than a contemporaneous advance may be treated as a voidable preference under the conditions
(and subject to the exceptions) provided by Section 547 of the Bankruptcy Code. 
 (q) Rights of Third
Parties in Certain Collateral. The rights of the Collateral Trustee with respect to Subject Collateral consisting of accounts, instruments, licenses, leases, contracts or other agreements will be subject to the claims, rights and defenses of the
other parties thereto against the Borrower Parties. 
 (r) Licenses or Permits as Collateral. In the case
of any Subject Collateral consisting of licenses or permits issued by governmental authorities or other persons or entities, the Borrower Parties may not have sufficient rights therein for the security interest of the Collateral Trustee to attach
and, even if the Borrower Parties have sufficient rights for the security interest of the Collateral Trustee to attach, the exercise of remedies may be limited by the terms of the license or permit or require the consent of the governmental
authority or other person or entity issuing such license or permit. 
 (s) Pledged Securities. Our
opinions expressed in paragraphs III-5(b) and (c) as to the perfection of the security interest in Instruments and Certificated Securities by possession is subject to the following qualifications: 

  
 11 

 (i) we express no opinion as to the perfection by possession of the security
interest of the Collateral Trustee in any portion of the Instruments and Certificated Securities, the continuous possession of which is not maintained by the Collateral Trustee in the State of New York or the State of Delaware. In addition, we call
to your attention that perfection (and the effect of perfection and non-perfection) of the security interest of the Collateral Trustee in the Instruments and Certificated Securities may be governed by laws other than those of the New York UCC or the
Delaware UCC to the extent the Instruments and Certificated Securities become located in a jurisdiction other than the State of New York or the State of Delaware; and 

(ii) we call to your attention that in the case of the issuance of additional shares or other distributions in respect of
the Pledged Securities, the security interests of the Collateral Trustee therein will be perfected by possession only if possession thereof is obtained or other action appropriate to the nature of the distribution is taken, in either case, in
accordance with the provisions of the New York UCC or the Delaware UCC and other applicable law. 
 (t)
Collateral Evidenced by Instruments. We note that, if any of the Subject Collateral is evidenced by instruments or tangible chattel paper or any other property in which a security interest may be perfected by taking possession (in each case
as defined, and as provided for, in the UCC), the local law of the jurisdiction where such property is located will govern the priority of a possessory security interest in such property and the effect of perfection or non-perfection of a
non-possessory security interest in such property. 
 (u) Effective Limits on Remedies. Notwithstanding
that Sections 9-406(d), 9-407(a) 9-408(a) and 9-409(a) of the New York UCC render ineffective terms in agreements which prohibit, restrict or require the consent of the person obligated thereon to the assignment, transfer of, or the creation,
attachment, perfection or enforcement of a security interest therein or which provide that any such assignment, transfer, creation, attachment or enforcement gives rise to a default, breach, right of recoupment, claim, defense, termination, right of
termination or remedy thereunder, such ineffectiveness may nonetheless be limited as provided in Sections 9-408(c) and 9-409(b) of the New York UCC. 
 (v) Other UCC Limitations. Such opinions may also be limited by Subpart 3 and Subpart 4 of Part 3 of Article 9 of the UCC. 
 VI. Reliance on Opinions 
 The foregoing opinions are being
furnished only to the Lender Parties and only for the purpose referred to in the first paragraph of this opinion letter, and this opinion letter is not to be furnished to any other person or entity or used or relied upon by any other person or
entity or for any other purpose without our prior written consent. At your request, we hereby consent to reliance hereon by any future successor or assignee of any Lender’s interest in the loans under the Credit Agreement pursuant to an
assignment that is made and consented to in accordance with the express provisions of Section 11.8 of the Credit Agreement, on the condition and understanding that (i) this letter speaks only as of the date hereof, (ii) we have no
responsibility or obligation to update this letter, to consider its applicability or correctness to any person other than its addressee(s), or to take into account changes in law, facts or any other

  
 12 

 
developments of which we may later become aware, and (iii) any such reliance by a future assignee must be actual and reasonable under the circumstances existing at the time of assignment,
including any changes in law, facts or any other developments known to or reasonably knowable by the assignee at such time. 

The headings or titles to paragraphs or sections of this opinion letter are for convenience of reference only and are not to be construed
to have any effect or meaning with respect to such paragraphs or sections. 
  

	
	Very truly yours,

  
 13 

 Attachments: 
  

							
	 Schedule I
	  	 	-	  	  	Borrower Parties
			
	 Schedule II
	  				  	UCC Filing Offices
			
	 Schedule III
	  				  	Control Agreements
			
	 Annex A
	  	 	-	  	  	Borrower’s Certificate

  
 14 

 SCHEDULE I 

Borrower Parties 
  

			
	 BORROWER PARTY
	  	 JURISDICTION OF FORMATION

	 AMVEST Coal & Rail, L.L.C.
	  	Virginia
		
	 AMVEST Coal Sales, Inc.
	  	Virginia
		
	 AMVEST Corporation
	  	Virginia
		
	 AMVEST Gas Resources, Inc.
	  	Virginia
		
	 AMVEST Mineral Services, Inc.
	  	Virginia
		
	 AMVEST Minerals Company, L.L.C.
	  	Virginia
		
	 AMVEST Oil & Gas, Inc.
	  	Virginia
		
	 AMVEST West Virginia Coal, L.L.C.
	  	West Virginia
		
	 Braxton-Clay Land & Mineral, Inc.
	  	West Virginia
		
	 Central Ohio Coal Company
	  	Ohio
		
	 CNX Land Resources Inc.
	  	Delaware
		
	 CNX Marine Terminals, Inc.
	  	Delaware
		
	 Conrhein Coal Company
	  	Pennsylvania General Partnership
		
	 CONSOL Energy Holdings LLC VI
	  	Delaware
		
	 CONSOL Energy Sales Company
	  	Delaware
		
	 CONSOL Financial Inc.
	  	Delaware
		
	 CONSOL of Canada Inc.
	  	Delaware
		
	 CONSOL of Central Pennsylvania LLC
	  	Pennsylvania
		
	 CONSOL of Kentucky Inc.
	  	Delaware

  
 15 

 SCHEDULE I 

Borrower Parties 
  

			
	 BORROWER PARTY
	  	
JURISDICTION OF FORMATION

	 CONSOL of Ohio LLC
	  	Ohio
		
	 CONSOL of WV LLC
	  	West Virginia
		
	 CONSOL of Wyoming LLC
	  	Delaware
		
	 Consol Pennsylvania Coal Company LLC
	  	Delaware
		
	 Consolidation Coal Company
	  	Delaware
		
	 Eighty-Four Mining Company
	  	Pennsylvania
		
	 Fola Coal Company, L.L.C.
	  	West Virginia
		
	 Glamorgan Coal Company, L.L.C.
	  	Virginia
		
	 Helvetia Coal Company
	  	Pennsylvania
		
	 Island Creek Coal Company
	  	Delaware
		
	 Keystone Coal Mining Corporation
	  	Pennsylvania
		
	 Laurel Run Mining Company
	  	Virginia
		
	 Leatherwood, Inc.
	  	Pennsylvania
		
	 Little Eagle Coal Company, L.L.C.
	  	West Virginia
		
	 McElroy Coal Company
	  	Delaware
		
	 Mon River Towing, Inc.
	  	Pennsylvania
		
	 MTB Inc.
	  	Delaware
		
	 Nicholas-Clay Land & Mineral, Inc.
	  	Virginia
		
	 Peters Creek Mineral Services, Inc.
	  	Virginia
		
	 Reserve Coal Properties Company
	  	Delaware

  
 16 

 SCHEDULE I 

Borrower Parties 
  

			
	 BORROWER PARTY
	  	
JURISDICTION OF FORMATION

	 Rochester & Pittsburgh Coal Company
	  	Pennsylvania
		
	 Southern Ohio Coal Company
	  	West Virginia
		
	 TEAGLE Company, L.L.C.
	  	Virginia
		
	 TECPART Corporation
	  	Delaware
		
	 Terra Firma Company
	  	West Virginia
		
	 Terry Eagle Coal Company, L.L.C.
	  	West Virginia
		
	 Terry Eagle Limited Partnership
	  	West Virginia
		
	 Twin Rivers Towing Company
	  	Delaware
		
	 Vaughan Railroad Company
	  	West Virginia
		
	 Windsor Coal Company
	  	West Virginia
		
	 Wolfpen Knob Development Company
	  	Virginia

  
 17 

 SCHEDULE II 

UCC Filing Offices 
  

			
	 BORROWER PARTY
	  	 FILING OFFICE

	 Central Ohio Coal Company
	  	Ohio Secretary of State
		
	 CNX Land Resources Inc.
	  	Delaware Secretary of State
		
	 CNX Marine Terminals Inc.
	  	Delaware Secretary of State
		
	 Conrhein Coal Company
	  	Pennsylvania Secretary of State
		
	 CONSOL Energy Holdings LLC VI
	  	Delaware Secretary of State
		
	 CONSOL Energy Inc.
	  	Delaware Secretary of State
		
	 CONSOL Energy Sales Company
	  	Delaware Secretary of State
		
	 CONSOL Financial Inc.
	  	Delaware Secretary of State
		
	 CONSOL of Canada Inc.
	  	Delaware Secretary of State
		
	 CONSOL of Central Pennsylvania LLC
	  	Pennsylvania Secretary of State
		
	 CONSOL of Kentucky Inc.
	  	Delaware Secretary of State
		
	 CONSOL of Ohio LLC
	  	Ohio Secretary of State
		
	 CONSOL of WV LLC
	  	West Virginia Secretary of State
		
	 CONSOL of Wyoming LLC
	  	Delaware Secretary of State
		
	 Consol Pennsylvania Coal Company LLC
	  	Delaware Secretary of State
		
	 Consolidation Coal Company
	  	Delaware Secretary of State
		
	 Eighty-Four Mining Company
	  	Pennsylvania Secretary of State
		
	 Helvetia Coal Company
	  	Pennsylvania Secretary of State
		
	 Island Creek Coal Company
	  	Delaware Secretary of State
		
	 Keystone Coal Mining Corporation
	  	Pennsylvania Secretary of State
		
	 Laurel Run Mining Company
	  	Virginia State Corporation Commission

  
 18 

 SCHEDULE II 

UCC Filing Offices 
  

			
	 BORROWER PARTY
	  	FILING OFFICE
	 Leatherwood, Inc.
	  	Pennsylvania Secretary of State
		
	 McElroy Coal Company
	  	Delaware Secretary of State
		
	 Mon River Towing, Inc.
	  	Pennsylvania Secretary of State
		
	 MTB Inc.
	  	Delaware Secretary of State
		
	 Reserve Coal Properties Company
	  	Delaware Secretary of State
		
	 Rochester & Pittsburgh Coal Company
	  	Pennsylvania Secretary of State
		
	 Southern Ohio Coal Company
	  	West Virginia Secretary of State
		
	 Terra Firma Company
	  	West Virginia Secretary of State
		
	 Twin Rivers Towing Company
	  	Delaware Secretary of State
		
	 Windsor Coal Company
	  	West Virginia Secretary of State
		
	 Wolfpen Knob Development Company
	  	Virginia State Corporation Commission

  
 19 

 SCHEDULE III 
 A. Deposit Account Control Agreement and Securities Account Control Agreements 
  

	1.	Account Control Agreement, dated as of June 30, 2004, among Consolidated Coal Company, Wilmington Trust Company, as Collateral Trustee and PNC Bank, National
Association 

  

	2.	Account Control Agreement, dated as of July 12, 2004, among the Borrower, Wilmington Trust Company, as Collateral Trustee and PNC Bank, National Association

  

	3.	Collateral Account Control Agreement, dated as of February 13, 2009, as amended as of November 1, 2010, among Borrower, Wilmington Trust Company, as
Collateral Trustee and Merrill Lynch Pierce, Fenner & Smith Incorporated (successor to Banc of America Securities LLC) 

  

	4.	Securities Account Control Agreement, dated as of July 28, 2004, among Borrower, Wilmington Trust Company, as Collateral Trustee and BlackRock Institutional
Management Corporation, as agent for BlackRock Liquidity Funds. 

  

	5.	Securities Account Control Agreement, dated as of June 30, 2004, among Borrower, Wilmington Trust Company, as Collateral Trustee and PNC Bank, National Association

  

	6.	Securities Account Control Agreement, dated as of March 31, 2010, among Borrower, Wilmington Trust Company, as Collateral Trustee and The Huntington National Bank

 B. Notices of Assignment 
  

	7.	Notice of assignment related to that certain Account Control Agreement, dated as of June 30, 2004, among Consolidated Coal Company, Wilmington Trust Company, as
Collateral Trustee and PNC Bank, National Association 

  

	8.	Notice of assignment related to that certain Account Control Agreement, dated as of July 12, 2004, among the Borrower, Wilmington Trust Company, as Collateral
Trustee and PNC Bank, National Association 

  

	9.	Notice of assignment related to that certain Collateral Account Control Agreement, dated as of February 13, 2009, as amended as of November 1, 2010, among
Borrower, Wilmington Trust Company, as Collateral Trustee and Merrill Lynch Pierce, Fenner & Smith Incorporated (successor to Banc of America Securities LLC) 

 

	10.	Notice of assignment related to that certain Securities Account Control Agreement, dated as of July 28, 2004, among Borrower, Wilmington Trust Company, as
Collateral Trustee and BlackRock Institutional Management Corporation 

  
 20 

	11.	Notice of assignment related to that certain Securities Account Control Agreement, dated as of June 30, 2004, among Borrower, Wilmington Trust Company, as
Collateral Trustee and PNC Bank, National Association 

  

	12.	Notice of assignment related to that certain Securities Account Control Agreement, dated as of March 31, 2010, among Borrower, Wilmington Trust Company, as
Collateral Trustee and The Huntington National Bank 

  
 21 

 Annex A 
 CONSOL ENERGY INC. 
 Borrower’s Certificate 

Reference is made to the opinion letter of Reed Smith LLP (the “Opinion Letter”) delivered in connection with the
Amended and Restated Credit Agreement dated as of April 12, 2011 among CONSOL Energy Inc., as borrower (the “Borrower”), the Guarantors party thereto (collectively, the “Guarantors;” the Borrower and the
Guarantors are collectively referred to as the “Borrower Parties” and each individually as a “Borrower Party”), Bank of America, N.A., in its capacity as syndication agent, PNC Bank, National Association in its
capacity as administrative agent, and the financial institutions party thereto, as Lenders. Capitalized terms used in this Certificate and not otherwise defined have the meanings assigned to such terms in the Opinion Letter. 

Reed Smith LLP may rely on the respective representations and warranties that each Borrower Party has made in the Subject Documents and
each of the certificates delivered thereunder. In addition, the Borrower certifies, in connection with the execution, delivery and performance by the Borrower Parties of the Subject Documents, the consummation of the transactions contemplated by the
Subject Documents and issuance by Reed Smith LLP of the Opinion Letter, as follows: 
 1. Attached as Schedule I is a description
of each of the Reviewed Agreements. A true and complete copy of each of the Reviewed Agreements has been previously furnished to Reed Smith LLP. No default or event of default or violation of any such agreements, instruments, decrees or orders
exists both before and immediately giving effect to the transactions contemplated by the Subject Documents. 
 2. Neither the
Borrower nor any Guarantor engages or proposes to engage in any industry or business or activity, or own any property or asset, that causes or would cause it to be subject to special local, state or federal regulation not applicable to business
corporations generally, other than Laws relating to (a) the production, processing, sale or transportation of coal, (b) the exploration, production, processing, transmission, transportation or sale of methane natural gas, coal bed methane,
coal mine methane or other gas or oil, (c) the growth, harvesting and sale of timber, (d) general transportation, fleeting and terminal services, (e) acquisitions, dispositions and leasing of real property or (f) research and
development relating to any of the foregoing. 
 3. There is no Borrower Party and no Guarantor that (i) holds any permit
issued by any Official Body or (ii) is a signatory party to or otherwise bound by any consent order, consent decree, notice of violation, compliance order or similar order issued by any Official Body, that would either (x) require such
Borrower Party or Guarantor to obtain the approval of an Official Body to execute and deliver any Subject Document or any document or instrument contemplated thereby or required or permitted to be delivered pursuant thereto to which it is a party or
consummate the transactions as therein contemplated or (y) prohibit or limit any such Borrower Party or Guarantor from 

  
 22 

 
executing and delivering any Subject Document to which it is a party or consummating the transactions as therein contemplated. 

  
 23 

 IN WITNESS WHEREOF, I have signed the Certificate in my capacity as Vice President and
Treasurer of the Borrower this          day of April, 2011. 
  

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

 Annex A 
 SCHEDULE I 
 Borrower’s Certificate 

1. $1,500,000,000 aggregate principal amount of CONSOL Energy Inc. (“Company”) 8.000% Senior Notes due 2017 (the “2017
Notes”) 
 2. Indenture, dated April 1, 2010, among the Company, each of the Company’s subsidiaries (each such subsidiary, a
“Guarantor”, and collectively, the “Guarantors”) and The Bank of Nova Scotia Trust Company of New York, as trustee (the “Trustee”) for the 2017 Notes. 

3. $1,250,000,000 aggregate principal amount of the Company’s 8.250% Senior Notes due 2020 (the “2020 Notes”). 

4. Indenture, dated April 1, 2010, among the Company, the Guarantors and the Trustee for the 2020 Notes. 

5. $250,000,000 aggregate principal amount of the Company’s 6.375% Senior Notes due 2021 (the “2021 Notes”). 

6. Indenture, dated March 9, 2011, among the Company, certain of its subsidiaries, and The Trustee, as trustee for the for the 2021 Notes.

 7. Amended and Restated Receivables Purchase Agreement, dated as of April 30, 2007, by and among CNX Funding Corporation, as seller (the
“Seller”), CONSOL Energy Inc. as initial servicer (the “Initial Servicer”), the sub-servicers party thereto (the “Sub-Servicers”), the conduit purchasers party thereto (the “Conduit
Purchasers”), the purchaser agents party thereto (the “Purchaser Agents”), the “LC Participants” party thereto (the “LC Participants”) and PNC Bank, National Association, as administrator for the
Conduit Purchasers (the “Administrator”) and as issuer of letters of credit (the “LC Bank”). 
 8. First
Amendment to Amended and Restated Receivables Purchase Agreement, dated as of May 9, 2007, by and among the Seller, the Initial Servicer, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party
thereto, the Administrator and the LC Bank. 
 9. Second Amendment to Amended and Restated Receivables Purchase Agreement, dated as of
July 27, 2007, by and among the Seller, the Initial Servicer, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 

10. Third Amendment to Amended and Restated Receivables Purchase Agreement, dated as of November 16, 2007, by and among the Seller, the Initial
Servicer, the Sub-Servicers party thereto, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 

 11. Fourth Amendment to Amended and Restated Receivables Purchase Agreement, dated as of April 27,
2009, by and among the Seller, the Initial Servicer, the Sub-Servicers party thereto, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 

12. Fifth Amendment to Amended and Restated Receivables Purchase Agreement and Waiver, dated as of March 12, 2010, by and among the Seller, the
Initial Servicer, the Sub Servicers party thereto, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 

13. Sixth Amendment to Amended and Restated Receivables Purchase Agreement, dated as of April 23, 2010, by and among Seller, the Initial Servicer,
the Sub-Servicers party thereto, the Conduit Purchasers party thereto, the Purchaser Agents party thereto, the LC Participants party thereto, the Administrator and the LC Bank. 
 14. Purchase and Sale Agreement, dated as of April 30, 2003, by and among CONSOL Energy Inc. and the other originators party thereto (collectively, the “Originators”), the Initial
Servicer and CNX Funding Corporation (the “CNX Funding”). 
 15. First Amendment to Purchase and Sale Agreement, dated as of
April 30, 2007, by and among the Originators party thereto and CNX Funding. 
 16. Second Amendment to Purchase and Sale Agreement, dated
as of November 16, 2007, by and among the Originators party thereto and CNX Funding. 
 17. Third Amendment to the Purchase and Sale
Agreement, dated as of March 12, 2010, by and among the Originators party thereto and CNX Funding. 
 18. Guaranty and Suretyship
Agreement, dated as of April 30, 2003, by CONSOL Energy Inc., as guarantor in favor of CNX Funding. 
 19. Amended and Restated Credit
Agreement (the “CNX Credit Agreement”), dated as of April 12, 2011, by and among CNX Gas Corporation, a Delaware corporation, each of the guarantors party thereto, the lenders party thereto, and PNC Bank National Association, in its
capacity as administrative agent for the lenders, and the other parties thereto. 
 20. CONSOL Amended and Restated Continuing Agreement of
Guaranty and Suretyship, dated as of April 12, 2011, jointly and severally given by each of the guarantors party thereto and each of the other person which becomes a guarantor thereunder from time to time in favor of PNC Bank National
Association, in its capacity as administrative agent, in connection with the CNX Credit Agreement. 
 21. Amended and Restated Continuing
Agreement of Guaranty and Suretyship, dated as of April 12, 2011, jointly and severally given by each of the guarantors party thereto and each of the other person which becomes a guarantor thereunder from time to time in favor of PNC Bank
National Association, in its capacity as administrative agent, in connection with the CNX Credit Agreement. 

 22, Loan Agreement dated as of September 1, 2010 by and between Maryland Economic Development
Corporation, a body politic an corporate instrumentality of the State of Maryland, and CNX Marine Terminals Inc., a Delaware corporation (relating to $102,865,000 aggregate principal amount of Port Facilities Refunding Revenue Bonds (CNX Marine
Terminals Inc. Port of Baltimore Facility) Series 2010). 

 EXHIBIT 7.1.4(C) 

[Form of] 

OPINION OF LOCAL COUNSEL1 
 Matters to be covered in Opinions of each local counsel to the Loan Parties: 
  

	1.	The amendments to the Mortgages are in form sufficient for recording, are enforceable and upon proper recording and indexing, create valid, perfected liens and
constitute notice to third parties of the rights of the Mortgagee. 

  

	2.	Consents and Approvals as to Loan Parties with respect to the mortgage amendments to the Mortgages (Section 6.1.11). 

 

	3.	The Mortgages, as amended by the mortgage amendments, are effective to secure the Secured Debt. 

 

	4.	The Opinion recipients can continue to rely on the Opinions delivered June 30, 2004, April 1, 2005, June 27, 2007 and May 7, 2010.

  

	5.	Such other matters as the Administrative Agent or the Lenders may reasonably request 

 

	1 	Capitalized terms used and not defined herein are used with the meanings assigned to such terms in the Credit Agreement. 

 EXHIBIT 8.2.6 
 ACQUISITION COMPLIANCE CERTIFICATEa 

            , __ 

PNC Bank, National Association, as Administrative Agent 
 One PNC Plaza 
 249 Fifth Avenue 
 Pittsburgh, Pennsylvania 15222-2707 
 Ladies and Gentlemen: 

I refer to the Amended and Restated Credit Agreement dated as of April 12, 2011 (as hereafter modified, amended, supplemented or
restated from time to time, the “Credit Agreement”) among CONSOL Energy Inc. (the “Borrower”), the Guarantors set forth therein, the Lenders set forth therein, PNC Bank, National Association as the administrative
agent for the Lenders (the “Administrative Agent”) and Bank of America, N.A., as the syndication agent. Unless otherwise defined herein, terms defined in the Credit Agreement are used herein with the same meanings. References herein
to Sections of the Credit Agreement are qualified, in their entirety, by the applicable provision of the Section of the Credit Agreement so referred to and together with all related provisions and definitions referred to in such Section or
incorporated therein. 
 I,
                        , [specify: Chief Executive Officer/President/Chief Financial Officer/Treasurer] of the Borrower,
do hereby certify on behalf of the Borrower as of the [specify: fiscal quarter/fiscal year ended                     , 20__] as follows:

 In connection with Section 8.2.6 of the Credit Agreement and with respect to a proposed Permitted Acquisition by
                         [name of Loan Party that will be making the Permitted Acquisition] (the “Acquiring
Company”) of                          [specify: assets/stock] [specify: by purchase/by merger and insert
description of the transaction] (the “Acquisition”) of                          [insert name of entity
whose assets are/stock is being acquired] (the “Target”): 
 The proposed date of the Acquisition is
                         (the “Acquisition Date”) [at least 5 Business Days after the date of this
certificate]. 
 The “Report Date” herein shall be the date of the most recent fiscal quarter ended prior to
the proposed Acquisition of the Target. 
 I. The Target is engaged in
                         [describe business being acquired] which complies with Section 8.2.10 of the Credit
Agreement. 
  

	a 	To be delivered only if the Consideration for the Permitted Acquisition exceeds the Threshold Amount. 

 II. Minimum Interest Coverage Ratio [Sections 8.2.6(ii)(E) and 8.2.16]. The Interest
Coverage Ratio of the Loan Parties is             to 1.0 (insert from calculation set forth on Appendix A hereto) after giving effect to the Acquisition, which is not less
than the permitted ratio of 2.5 to 1.0. 
 III. Maximum Leverage Ratio [Sections 8.2.6(ii)(D) and (E)]. The Leverage
Ratio after giving effect to the Acquisition, including in such computation Indebtedness incurred in connection with such Acquisition and including income earned or expenses incurred by the Person, business or assets to be acquired prior to the date
of such Acquisition is              to 1.0 (insert from calculation set forth on Appendix A hereto). If such Leverage Ratio is 3.5 to 1.0 or higher after taking into account
the Acquisition, please complete subparagraph (a) and (b), below: 
  

	 	(a)	Consideration. The aggregate of all Consideration to be paid by the Loan Parties for such Acquisition plus the Consideration for all other Permitted Acquisitions
made in the current fiscal year, including, without duplication, (i) cash paid by any of the Loan Parties, directly or indirectly, to the seller in connection with the Acquisition, (ii) the Indebtedness incurred or assumed by any of the
Loan Parties, whether in favor of the seller or otherwise and whether fixed or contingent, (iii) any Guaranty given to, or incurred by any Loan Party in connection with the Acquisition and (iv) any other consideration given or obligation
incurred by any of the Loan Parties in connection with the Acquisition is $                    , which does not exceed $100,000,000.

  

	 	(b)	Maximum Senior Secured Leverage Ratio [Sections 8.2.6(ii)(E) and 8.2.17] The Senior Secured Leverage Ratio after giving effect to the Acquisition is
             to 1.0 (insert from calculation set forth on Appendix A hereto), which is not less than the permitted ratio of 2.0 to 1.0. 

4. Availability (Section 8.2.6(ii)(E)). The Borrower has, after giving effect to the Acquisition,
$             of Availability (insert from calculation set forth on Appendix A hereto) which is not less than the permitted amount of $100,000,000. 

5. Indebtedness (Section 8.2.1(vii) and clause (xii) of the definition of Permitted Liens). The Loan Parties, in order to
consummate the Acquisition, have incurred or assumed, or will incur $             of Indebtedness subject to Liens, which Indebtedness is not greater than $250,000,000 in the
aggregate outstanding at any one time. 
 6. Attached hereto as Exhibit [_] are the [insert description of the financial
statements or other financial information of the Target] upon which the calculations in this certificate with respect to the Target are based. 
 7. The Borrower is providing contemporaneously herewith, copies of any agreements entered into or proposed to be entered into by the applicable Loan Parties in connection with the Acquisition. 

8. No Event of Default or Potential Default exists immediately prior to and after giving effect to the Acquisition. 

  
 -2-

 IN WITNESS WHEREOF, the undersigned has executed this Certificate this
             day of             , 20        . 

 

			
	By:	 	 
		 	Name:
		 	Title: [Chief Executive Officer/ President/Chief Financial Officer/Treasurer

  
 -3-

 APPENDIX A 

 

													
	 Credit Agreement
	  	Consolidated for
Borrower and its
Subsidiaries	 	  	Target	 	  	Consolidated
Pro
Formaa	 
	 1. Maximum Leverage Ratio (Section 8.2.15). The ratio of (a) Financial Covenant Debt to (b) Consolidated EBITDA as of
the Report Date is (insert from Item 1(c), below):
	  	 	             to 1.0	  	  				  	 	             to 1.0	  
				
	 (a) Financial Covenant Debt, determined as of the fiscal quarter of the Borrower ending as of the Report Date, is computed as
follows:
	  				  				  			
				
	 (i) indebtedness for borrowed money of the Loan Parties
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (ii) obligations evidenced by notes, bonds, debentures or similar instruments or that bear interest of the Loan
Parties
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (iii) reimbursement and other obligations with respect to letters of credit and bankers’ acceptances, whether or not matured
of the Loan Parties
	  	$	                    	  	  	$	                    	  	  	$	                    	  

  

	a 	 All calculations are on a pro-forma basis, based upon the financial statements of the Loan Parties as of the Report Date, after giving effect to the
Permitted Acquisition (i.e., if a financial covenant is measured for the immediately preceding four fiscal quarters as of the Report Date, the financial results of the Target as well as the Borrower and its Subsidiaries will be included in
that four fiscal quarter period calculation) and include in such calculations Indebtedness or other liabilities assumed or incurred in connection with such Permitted Acquisition and income earned or expenses incurred by the Target prior to the date
of the Permitted Acquisition). 

													
	 Credit Agreement
	  	Consolidated for
Borrower and its
Subsidiaries	 	  	Target	 	  	Consolidated
Pro
Formaa	 
	 (iv) indebtedness for the deferred purchase price of property or services, other than trade payables incurred in the ordinary
course of business and payable in accordance with customary practices that are not overdue for more than 90 days of the Loan Parties unless contested in good faith and by appropriate proceedings if adequate reserves in accordance with GAAP have
been established and accrued expenses incurred in the ordinary course of business
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (v) indebtedness created or arising under any conditional sale or other title retention agreements with respect to property
acquired of the Loan Parties (even though the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (vi) obligations under any capital leases of the Loan Parties (other than advance royalties under a mineral
lease)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (vii) obligations to purchase, redeem, retire, defease or otherwise acquire for value any capital stock, other equity interest
valued, in the case of redeemable preferred stock, at the greater of its voluntary liquidation preference and its involuntary liquidation preference plus accrued and unpaid dividends of the Loan Parties
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (viii) reimbursement obligations, to the extent not included in Item (iii) above, under standby letters of credit of the
Loan Parties (whether or not issued under the Credit Agreement)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (ix) non-contingent reimbursement obligations, to the extent not included in Item (iii) above of the Loan Parties, or other
matured obligations with respect to Indebtedness of the type specified in Item (iii) above of the Loan Parties
	  	$	                    	  	  	$	                    	  	  	$	                    	  

  
 -2-

													
	 Credit Agreement
	  	Consolidated for
Borrower and its
Subsidiaries	 	  	Target	 	  	Consolidated
Pro
Formaa	 
	 (x) the sum (without duplication) of Items 1(a)(i) through 1(a)(ix) equals
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xi) obligations under undrawn standby letters of credit (whether or not issued under the Credit Agreement) issued with respect
to performance obligations under sales contracts, performance obligations with respect to mine reclamation, performance obligations relating to black lung benefit liabilities and performance obligations relating to workers compensation and other
employee benefit liabilities of the Loan Parties (but only to the extent that the foregoing is included in the amount determined under Item (x) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xii) obligations under each other letter of credit in respect of which any Loan Party has provided Letter of Credit Support, but
only in an amount equal to such Letter of Credit Support of the Loan Parties (but only to the extent that the foregoing is included in the amount determined under Item (x) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (x) obligations in respect of advance royalty commitments of the Loan Parties (but only to the extent that the foregoing is
included in the amount determined under Item (x) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xiv) the sum (without duplication) of Items 1(a)(xi) through (xiii) equals
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xv) the difference between 1(a)(x) minus 1(a)(xiv)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xvi) Cash on Hand
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xvi) Item 1(a)(xv) reduced by Item 1(a)(xvi) equals the Financial Covenant Debt
	  	$	                    	  	  	$	                    	  	  	$	                    	  

  
 -3-

													
	 Credit Agreement
	  	Consolidated for
Borrower and its
Subsidiaries	 	  	Target	 	  	Consolidated
Pro
Formaa	 
	 (b) Consolidated EBITDA as of the Report Date for the four fiscal quarters then ended, consolidated and combined in accordance
with GAAP, is computed as follows:a
	  				  				  			
				
	 (i) Consolidated Net Income (or loss)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (ii) non-cash compensation expenses related to common stock and other equity securities issued to employees
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (iii) extraordinary gains and losses
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (iv) gains or losses on discontinued operations
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (v) Item (i) minus the sum of Items (ii) through (iv) equals the adjusted Consolidated Net Income
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (vi) interest expense (net of interest income) (to the extent deducted in determining Item (i) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (vii) income tax expense (to the extent deducted in determining Item (i) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (viii) depreciation (to the extent deducted in determining Item (i) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (ix) depletion (to the extent deducted in determining Item (i) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  

  

	a 	 With respect to any period during which Material Acquisition/Disposition or a Permitted Gas Properties Disposition by the Loan Parties has occurred,
Consolidated EBITDA shall be calculated as if such Material Acquisition/Disposition or such Permitted Gas Properties Transaction had been consummated at the beginning of such period. 

  
 -4-

													
	 Credit Agreement
	  	Consolidated for
Borrower and its
Subsidiaries	 	  	Target	 	  	Consolidated
Pro
Formaa	 
	 (x) amortization (to the extent deducted in determining Item (i) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xi) non-cash debt extinguishment costs (to the extent deducted in determining Item (i) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xii) non-cash charges due to cumulative effects of changes to accounting principles (to the extent deducted in determining Item
(i) above)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xiii) non-recurring transaction costs expensed ( in accordance with GAAP) by the Loan Parties in connection with the Dominion
Acquisition of up to 10% of Consolidated EBITDA
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xiv) cash dividends or distributions received from Excluded Subsidiaries and Affiliates that are not Loan Parties except to the
extent that any such cash dividends or distributions received in connection with a Permitted Gas Properties Disposition are used for a distribution or dividend by the Borrower
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (xv) the sum of Items (v) through (xiv), inclusive, equals Consolidated EBITDA
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (c) Item 1(a)(xvii) divided by Item 1(b)(xv)) equals the Maximum Leverage Ratio
	  	 	             to 1.0	  	  				  	 	             to 1.0	  
				
	 2. Minimum Interest Coverage Ratio (Section 8.2.16). The ratio of (a) Consolidated EBITDA to (b) Consolidated Cash
Interest Expense calculated as of the Report Date for the four (4) fiscal quarters then ended is (Insert from line 2(c), below):
	  	 	             to 1.0	  	  				  	 	             to 1.0	  
				
	 (a) Consolidated EBITDA is equal to Item 1(b)(xv), above
	  	$	                    	  	  	$	                    	  	  	$	                    	  

  
 -5-

													
	 Credit Agreement
	  	Consolidated for
Borrower and its
Subsidiaries	 	  	Target	 	  	Consolidated
Pro
Formaa	 
	 (b) Consolidated Cash Interest Expense after giving effect to the Acquisition, equals interest expense (in each case required in
accordance with the terms of the note, instrument or other agreement applicable thereto to be payable in cash, other than to the extent the borrower thereunder has elected to pay such interest in kind) of the Loan Parties and CNX Funding for such
period determined and consolidated in accordance with GAAP):
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (c) Item 2(a) divided by Item 2(b) equals the Minimum Interest Coverage Ratio
	  	 	             to 1.0	  	  				  	 	             to 1.0	  
				
	 3. Availability. The Availability, after giving effect to the Acquisition, is (Insert from Item 3(f),
below):
	  	$	                    	  	  	 	N/A	  	  	$	                    	  
				
	 (a) cash or cash equivalents of the Loan Parties which is not subject to any Lien or other restriction limiting the availability
of such funds to repay the Loans
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (b) Revolving Credit Commitments
	  	$	                    	  	  	 	N/A	  	  	$	                    	  
				
	 (c) Revolving Facility Usage
	  	$	                    	  	  	 	N/A	  	  	$	                    	  
				
	 (d) Item 3(b) minus Item 3(c) (if a positive number)
	  	$	                    	  	  	 	N/A	  	  	$	                    	  
				
	 (e) the lesser of $            , the unused portion of the
Permitted Receivables Financing, and $            , the amount of Accounts owned by the Loan Parties that have not been sold to the Securitization Subsidiary but that otherwise
qualify for such sale under the Permitted Receivables Financing
	  	$	                    	  	  	 	N/A	  	  	$	                    	  

  
 -6-

													
	 Credit Agreement
	  	Consolidated for
Borrower and its
Subsidiaries	 	  	Target	 	  	Consolidated
Pro
Formaa	 
	 (f) Availability equals the sum of Item 3(a), Item 3(d) and Item 3(e)
	  	$	                    	  	  	 	N/A	  	  	$	                    	  
	 4. Maximum Senior Secured Leverage Ratio (Section 8.2.17). The ratio of (a) Secured Debt to (b) Consolidated EBITDA of
the Loan Parties, after giving effect to the Acquisition, for the four (4) fiscal quarters then ended
isa (Insert from Item 4(c),
below):
	  				  				  			
				
	 (a) Calculation of Secured Debt - Secured Debt for the Loan Parties is determined as follows (all capitalized terms set forth
below related to Secured Debt shall have the meaning ascribed to them in the Collateral Trust Agreement):
	  				  				  			
				
	 (i) Credit Facility Debt (other than any Letters of Credit that have been cash collateralized pursuant to Section 2.9.10
[Cash Collateral Prior to the Expiration Date] of the Credit Facility Agreement)
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (ii) Public Debt
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (iii) without duplication, all fees, expenses and charges (including, without limitation, indemnification, reimbursement or
contribution obligations) due or owing to any Secured Party arising under any Debt Instrument, the Collateral Trust Agreement or any Security Document
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (b) Calculation of Consolidated EBITDA (insert from Item 1(b)(xv) above):
	  	$	                    	  	  	$	                    	  	  	$	                    	  
				
	 (c) Item 3(a) divided by Item 3(b) equals the Maximum Senior Secured Leverage Ratio
	  	 	             to 1.0	  	  				  	 	             to 1.0	  

  

	a 	 To be completed if such pro forma Leverage Ratio is 3.5 to 1.0 or higher after taking into account such Acquisition 

  
 -7-

 EXHIBIT 8.3.4 
 QUARTERLY COMPLIANCE CERTIFICATE 

            ,      

PNC Bank, National Association, as Administrative Agent 
 One PNC Plaza 
 249 Fifth Avenue 
 Pittsburgh, Pennsylvania 15222-2707 
 Ladies and Gentlemen: 

I refer to the Amended and Restated Credit Agreement dated as of April 12, 2011 (as hereafter modified, amended, supplemented or
restated from time to time, the “Credit Agreement”) among CONSOL Energy Inc. (the “Borrower”), the Guarantors set forth therein, the Lenders set forth therein, PNC Bank, National Association, as the administrative
agent for the Lenders (the “Administrative Agent”) and Bank of America, N.A., as the syndication agent. Unless otherwise defined herein, terms defined in the Credit Agreement are used herein with the same meanings. References herein
to Sections of the Credit Agreement are qualified, in their entirety, by the applicable provisions of the Section of the Credit Agreement so referred to and together with all related provisions and definitions referred to in such Section or
incorporated therein. 
 I,
                                    , [Chief Financial
Officer / Treasurer] of the Borrower, do hereby certify on behalf of the Borrower as of the quarter / year ended             ,
        (the “Report Date”), as follows: 
 IV. Leverage
Ratio (Section 8.2.15). The ratio of (a) Financial Covenant Debt to (b) Consolidated EBITDA is             to 1.0 (insert ratio from Item 1(c), below) as of
the Report Date, which is not more than the permitted ratio of             to 1.0 (insert ratio from table below based on the applicable Period). 

 

					
	 Period
	  	Ratio	 
	 Closing Date through March 31, 2013
	  	 	4.75 to 1.0	  
	 June 30, 2013 and thereafter
	  	 	4.50 to 1.0	  

 NOTE:
Notwithstanding the above, the maximum permitted Leverage Ratio shall be reduced (i) by 0.25 to 1.0 if the aggregate gross proceeds received after the Closing Date by the Loan Parties from the Permitted Coal Properties Disposition are in excess
of $500,000,000, (ii) by an additional 0.25 to 1.0 if the aggregate gross proceeds received after the Closing Date by the Loan Parties from the Permitted Coal Reserve Disposition are in excess of $1,000,000,000, and (iii) by an additional
0.25 to 1.0 if the aggregate gross proceeds received after the Closing 

 
Date by the Loan Parties from the Permitted Coal Reserve Disposition are in excess of $1,500,000,000. 
 A. Financial Covenant Debt (determined as of the end of the fiscal quarter of the Borrower ending as of the Report Date) for the Loan Parties is determined as the difference between amount
(A) and amount (B) reduced by amount (C) determined below, as follows: 
  

									
		 	(i)	  	indebtedness for borrowed money	  	$	_________	  
				
		 	(ii)	  	obligations evidenced by notes, bonds, debentures or similar instruments or that bear interest	  	$	_________	  
				
		 	(iii)	  	reimbursement and other obligations with respect to letters of credit and bankers’ acceptances, whether or not matured	  	$	_________	  
				
		 	(iv)	  	indebtedness for the deferred purchase price of property or services (other than trade payables incurred in the ordinary course of business and payable in accordance with
customary practices that are not overdue for more than 90 days unless contested in good faith and by appropriate proceedings if adequate reserves in accordance with GAAP have been established and accrued expenses incurred in the ordinary course of
business)	  	$	_________	  
				
		 	(v)	  	indebtedness created or arising under conditional sale and other title retention agreements with respect to property acquired (even though the rights and remedies of the seller
or limited to repossession lender under such agreement in the event of default are or sale of such property)	  	$	_________	  
				
		 	(vi)	  	obligations under capital leases (other than advance royalties under a mineral lease)	  	$	_________	  
				
		 	(vii)	  	obligations to purchase, redeem, retire, defease or otherwise acquire for value any capital stock, other equity interest valued, in the case of redeemable preferred stock, at the
greater of its voluntary liquidation preference and its involuntary liquidation preference plus accrued and unpaid dividends	  	$	_________	  
				
		 	(viii)	  	reimbursement obligations, to the extent not included in clause (iii) above, under standby letters of credit (whether or not issued under the Credit Agreement)	  	$	_________	  
				
		 	(ix)	  	non-contingent reimbursement obligations, to the extent not included in clause (iii) above, or other matured obligations with respect to Indebtedness of the type specified in
clause (iii) above	  	$	_________	  

  
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		 	(x)	 	the sum (without duplication) of items (i) through (ix) equals amount (A)	  	$	_________	  
				
		 	(xi)	 	obligations under undrawn standby letters of credit (whether or not issued under the Credit Agreement) issued with respect to performance obligations under sales contracts,
performance obligations with respect to mine reclamation, performance obligations relating to black lung benefit liabilities and performance obligations relating to workers compensation and other employee benefit liabilities (but only to the extent
that the foregoing is included in the amount determined under amount (A) above)	  	$	_________	  
				
		 	(xii)	 	obligations under each other letter of credit in respect of which any Loan Party has provided Letter of Credit Support, but only in an amount equal to such Letter of Credit
Support (but only to the extent that the foregoing is included in the amount determined under amount (A) above)	  	$	_________	  
				
		 	(xiii)	 	obligations in respect of advance royalty commitments (but only to the extent that the foregoing is included in the amount determined under amount (A) above)	  	$	_________	  
				
		 	(xiv)	 	the sum (without duplication) of items (xi) through (xiii) equals amount (B)	  	$	_________	  
				
		 	(xv)	 	Cash On Hand equals amount (C)	  	$	_________	  
				
		 	(xvi)	 	the difference between amount (A) _______ (from item (x) above) and amount (B) ______ (from item (xiv) above) reduced by amount (C) ______ (from item (xv)
above) equals Financial Covenant Debt	  	$	_________	  

 B. Consolidated EBITDA of the Loan Parties as of the Report Date for the four fiscal quarters then ended, consolidated and combined in accordance with GAAP:a 

 

									
		 	(i)	  	Consolidated Net Income (or loss)	  	$	_________	  
				
		 	(ii)	  	non-cash compensation expenses related to common stock and other equity securities issued to employees	  	$	_________	  
				
		 	(iii)	  	extraordinary gains and losses gains or losses on discontinued operations	  	$	_________	  

  

	a 	 With respect to any period during which Material Acquisition/Disposition or a Permitted Gas Properties Disposition by the Loan Parties has occurred,
Consolidated EBITDA shall be calculated as if such Material Acquisition/Disposition or such Permitted Gas Properties Disposition had been consummated at the beginning of such period. 

  
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		 	(iv)	 	gains or losses on discontinued operations	  	$	_________	  
				
		 	(v)	 	item (i) minus the sum of items (ii) through (iv) equals adjusted Consolidated Net Income	  	$	_________	  
				
		 	(vi)	 	interest expense (net of interest income) (to the extent deducted in determining item (i) above)	  	$	_________	  
				
		 	(vii)	 	income tax expense (to the extent deducted in determining item (i) above)	  	$	_________	  
				
		 	(viii)	 	depreciation (to the extent deducted in determining item (i) above)	  	$	_________	  
				
		 	(ix)	 	depletion (to the extent deducted in determining item (i) above)	  	$	_________	  
				
		 	(x)	 	amortization of property, plant, equipment and intangibles (to the extent deducted in determining item (i) above)	  	$	_________	  
				
		 	(xi)	 	non-cash debt extinguishment costs (to the extent deducted in determining item (i) above)	  	$	_________	  
				
		 	(xii)	 	non-cash charges due to cumulative effects of changes to accounting principles (to the extent deducted in determining item (i) above)	  	$	_________	  
				
		 	(xiii)	 	non-recurring transaction costs expensed ( in accordance with GAAP) by the Loan Parties in connection with the Dominion Acquisition of up to 10% of Consolidated
EBITDA	  	$	_________	  
				
		 	(xiv)	 	cash dividends or distributions received from Excluded Subsidiaries and Affiliates that are not Loan Parties except to the extent that any such cash dividends or distributions
received in connection with a Permitted Gas Properties Disposition are used for a distribution or dividend by the Borrower	  	$	_________	  
				
		 	(xv)	 	the sum of items (v) through (xiv), inclusive, equals Consolidated EBITDA	  	$	_________	  

 C.
Item 1(A)(xvi) divided by Item 1(B)(xv) equals the Leverage Ratio             to 1.0 
 V. Minimum Interest Coverage Ratio. (Section 8.2.16) The ratio of (A) Consolidated EBITDA to (B) Consolidated Cash Interest Expense of the Loan Parties and CNX Funding
is             to 1.0 (insert from Item 2(c) below) as of the Report Date for the four fiscal quarters then ended, which is not less than the permitted ratio of 2.5
to 1.0. 

  
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	 A. Calculation of amount (A) - Consolidated EBITDA (insert from item 1(B)(xv) above):
	  	 	$            	  
		
	 B. Calculation of amount (B) - Consolidated Cash Interest Expense of the Loan Parties and CNX Funding as of the Report Date for the
four fiscal quarters then ended consolidated in accordance with GAAP
	  			
				
		  	(i)	  	interest expense (in each case required in accordance with the terms of the note, instrument or other agreement applicable thereto to be payable in cash, other than to the extent
the borrower thereunder has elected to pay such interest in kind)	  	 	______	  
				
		  	C.	  	Item 2(A) divided by Item 2(B)(i) equals the Interest Coverage Ratio	  	 	         to 1.0	  
	
	 VI. Maximum Senior Secured Leverage Ratio. (Section 8.2.17) The ratio of (A) Secured Debt to
(B) Consolidated EBITDA of the Loan Parties is              to 1.0 (insert from Item 3(c) below) as of the Report Date for the four fiscal quarters then
ended, which is not less than the permitted ratio of 2.0 to 1.0.
	     

	
	 A. Calculation of Amount (A) - Secured Debt (determined as of the end of the fiscal quarter of the Borrower ending as of the Report
Date) for the Loan Parties is determined as follows (all capitalized terms set forth below related to the calculation of Secured Debt shall have the meaning ascribed to such terms in the Collateral Trust Agreement):
	     

				
		  	(i)	  	Credit Facility Debt (other than any Letters of Credit that have been cash collateralized pursuant to Section 2.9.10 [Cash Collateral Prior to the Expiration Date] of the
Credit Facility Agreement)	  	 	$            	  
				
		  	(ii)	  	Public Debt	  	 	$            	  
				
		  	(iii)	  	without duplication, all fees, expenses and charges (including, without limitation, indemnification, reimbursement or contribution obligations) due or owing to any Secured Party
arising under any Debt Instrument, the Collateral Trust Agreement or any Security Document	  	 	$            	  
				
		  	B.	  	Calculation of amount (B) - Consolidated EBITDA (insert from Item 1(b)(xv) above):	  	 	$            	  
				
		  	C.	  	Item 3(a) divided by Item 3(b) equals the Senior Secured Leverage Ratio	  	 	         to 1.0	  

 VII.
Limitations on Other Investments (Section 8.2.4(vi) - (viii)). As of the Report Date, the aggregate amount of Investments made by the Loan Parties in all Persons (other than the Loan Parties) other than those described in clauses
(i) through (v) and (ix) through (xv) of Section 8.2.4 of the Credit Agreement consists of (A) Investments (pursuant to Section 8.2.4(vi) of the Credit Agreement) in the form of cash, unpaid loans or advances from
the Loan Parties 

  
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that equal $            a in the aggregate at such time, which amount, plus
$            (without duplication, the amount of Guaranties permitted pursuant to Section 8.2.3(v) at such time) does not exceed $600,000,000, (B) Non-Strategic Assets, and
(C) Investments in the form of non-cash assets, where the fair market value of such assets plus (without duplication) all sales, transfers, and dispositions of assets under Section 8.2.7(viii) of the Credit Agreement, for the period from
the Closing Date through and including the Report Date equals $            , which amount does not exceed the $250,000,000 in the aggregate permitted under Section 8.2.4(viii)
of the Credit Agreement. 
 VIII. Limitations on Guaranties (Section 8.2.3(v)). As of the Report
Date, the aggregate amount of Guaranties by any Loan Party (permitted pursuant to Section 8.2.3(v) of the Credit Agreement), other than those described in clause (i) through (iv) and (vi) of Section 8.2.3 of the Credit
Agreement for outstanding obligations (whether contingent or otherwise) equals $            b, at such time, which amount, plus
$            (without duplication, the amount of Investments permitted pursuant to Section 8.2.4(vi) at such time, as set forth in item 4(A) above), does not exceed
$600,000,000. 
 [Complete the following section 6 only for Compliance Certificates submitted for each fiscal quarter in which any sale,
transfer or lease of assets has occurred.] 
 IX. Notification of Sale, Transfer or Lease of Assets (Section
8.2.7(viii)). As of the Report Date, a sale, transfer or lease of assets pursuant to Section 8.2.7(viii) has occurred as is set forth in more detail on an attachment hereto. 

X. Loans and Advances to Employees (Section 8.2.4(ii)(b)). As of the Report Date, the aggregate amount of loans and advances to
employees made pursuant to Section 8.2.4(ii) is $            , which amount does not exceed $5,000,000. 
 [Complete the following sections 8 and 9 only for Compliance Certificates submitted at the end of the fiscal year.] 
 XI. Limitations on Indebtedness (Section 8.2.1(iii),(vii) and (viii)). 
  

	a 	 For purposes of calculating the outstanding aggregate amount of such Investments, including Guaranties described in clause (v) of
Section 8.2.3 of the Credit Agreement, such aggregate amount shall be reduced by the aggregate amount of any quantifiable rebate, dividend, return, or other financial benefit received by such Loan Party with respect to such Investments and
Guaranties for the period from the Closing Date through and including the date of determination and any payment under any Guaranty permitted by Section 8.2.3(vi) of the Credit Agreement shall reduce the amount of Investments permitted by
Section 8.2.4(vi) of the Credit agreement. 

	b 	 For purposes of calculating the outstanding aggregate amount of such Guaranties, including Investments described in clause (vi) of
Section 8.2.4 of the Credit Agreement, such aggregate amount shall be reduced by the aggregate amount of any quantifiable rebate, dividend, return, or other financial benefit received by such Loan Party with respect to such Investments and
Guaranties for the period from the Closing Date through and including the date of determination and any payment under any Guaranty permitted by Section 8.2.4(vi) of the Credit Agreement shall reduce the amount of Guaranties permitted by Section
by Section 8.2.3(v) of the Credit Agreement. 

  
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 A. As of the Report Date, the aggregate amount of Indebtedness secured
by a Lien permitted by clause (vii) of the definition of Permitted Liens is $            a, which amount does not exceed $250,000,000 at any time as permitted pursuant to Section 8.2.1(iii). 

B. As of the Report Date, the aggregate amount of Indebtedness secured by a Lien permitted by clause (xii) of the definition of
Permitted Liens is $            , which amount does not exceed $250,000,000 at any time as permitted pursuant to Section 8.2.1(vii). 

C. As of the Report Date, the aggregate amount of Indebtedness secured by a Lien permitted by clause (xxii) of the definition of
Permitted Liens is $            , which amount does not exceed $150,000,000 at any time as permitted pursuant to Section 8.2.1(vii). 

D. As of the Report Date, the aggregate amount of Indebtedness secured by a Lien permitted by clause (xv) of the definition of
Permitted Liens is $            , which amount does not exceed $50,000,000 at any time as permitted pursuant to Section 8.2.1(viii). 

XII. Limitations on Dispositions of Assets (Section 8.2.7(iv), (viii)). As of the Report Date: 

A. the fair market value of all assets sold, transferred, leased, subleased or licensed pursuant to Section 8.2.7(iv)
of the Credit Agreement equals $            for the fiscal year ended as of the Report Date, which amount shall not exceed $250,000,000 in any given fiscal year (including any
options or rights of first refusal granted during such fiscal year if such option or right of first refusal is not cancelled, expired or otherwise terminated in the same fiscal year in which it is granted); and 

B. the Net Cash Proceeds from all sales, transfer, lease, sublease or license of assets (other than those specifically
excepted pursuant to clauses (i) through (vii) or (ix) through (xiii) of Section 8.2.7) calculated for the period from the Closing Date through and including the Report Date (including any options or rights of first refusal
granted during such period if such option or right of first refusal is not cancelled, expired or otherwise terminated in the same fiscal year in which it is granted), equals an aggregate amount of
$            , as permitted pursuant to Section 8.2.7(viii), plus (without duplication) the fair market value of assets contributed in the form of Investments pursuant to
Section 8.2.4(viii) subsequent to the Original Closing Date equals $            , which amount does not exceed an aggregate amount of $250,000,000. 

XIII. [Insert if Applicable: Except as certified to the Administrative Agent and the Lenders pursuant to
Section 8.3.5 of the Credit Agreement,] The representations and warranties contained in Section 6 of the Credit Agreement and in the other Loan Documents are true and correct on and as of this date with the same effect as though such
representations and warranties have been made on and as of the date hereof (except representations and warranties that expressly relate solely to an earlier date or time). 

 

	a 	 Excluding for the purpose of this computation any loans or deferred payments secured by Liens described on Schedule 1.1(P).

  
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 XIV. [Insert if Applicable: Except as certified to the
Administrative Agent and the Lenders pursuant to Section 8.3.5 of the Credit Agreement,] No Event of Default or Potential Default exists and is continuing as of the date hereof. 

XV. Set forth on Exhibit A attached hereto is a description of each Swap Agreement to which any Loan Party is a party, all of which are
Specified Swap Agreements. 

  
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 IN WITNESS WHEREOF, the undersigned has executed this Certificate this
             day of             ,             .

  

			
		
	By:	 	 
		 	Name:
		 	Title:

  
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