Common use of Organization and Qualification; Power and Authority; Compliance With Laws Clause in Contracts

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 73 6.1.2 Subsidiaries and Owners; Investment Companies 74 6.1.3 Validity and Binding Effect 74 6.1.4 No Conflict; Material Agreements; Consents 74 Table of Contents TABLE OF CONTENTS (continued) Page 6.1.5 Litigation 74 6.1.6 Financial Statements 75 6.1.7 Margin Stock 75 6.1.8 Full Disclosure 75 6.1.9 Taxes 75 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc 75 6.1.11 Liens in the Collateral 76 6.1.12 Insurance 76 6.1.13 ERISA Compliance 76 6.1.14 Environmental Matters 76 6.1.15 Solvency 78 6.1.16 Employment Matters 78 6.1.17 Title to Properties 78 6.1.18 Coal Act; Black Lung Act 79 6.1.19 Bonding Capacity 79 6.1.20 Permit Blockage 79 6.1.21 Anti-Terrorism Laws; EEA Financial Institution 79 6.1.22 Mining Property 79 6.1.23 Certificate of Beneficial Ownership 79 6.2 Updates to Schedules 80 7. CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 80 7.1 First Loans and Letters of Credit 80 7.1.1 Deliveries 80 7.1.2 Payment of Fees 83 7.2 Each Loan or Letter of Credit 83 8. COVENANTS 83 8.1 Affirmative Covenants. 83 8.1.1 Preservation of Existence, Etc 83 8.1.2 Payment of Liabilities, Including Taxes, Etc 83 8.1.3 Maintenance of Insurance 83 8.1.4 Maintenance of Properties and Leases 84 8.1.5 Visitation Rights 84 8.1.6 Keeping of Records and Books of Account 84 8.1.7 Compliance with Laws; Use of Proceeds 84 8.1.8 Further Assurances 85 Table of Contents TABLE OF CONTENTS (continued) Page 8.1.9 Anti-Terrorism Laws 85 8.1.10 Keepwell 85 8.1.11 Collateral and Additional Collateral; Execution and Delivery of Additional and Ancillary Security Documents 86 8.1.12 Maintenance of Coal Supply Agreements and Material Contracts 88 8.1.13 Maintenance of Licenses, Etc 88 8.1.14 Maintenance of Permits 88 8.1.15 [Reserved] 88 8.1.16 Certificate of Beneficial Ownership and Other Additional Information 88 8.1.17 Appraisal 89 8.1.18 Financial Advisor 89 8.2 Negative Covenants 90 8.2.1 Indebtedness 90 8.2.2 Liens 91 8.2.3 Guaranties 91 8.2.4 Loans and Investments 91 8.2.5 Dividends and Related Distributions 92 8.2.6 Liquidations, Mergers, Consolidations, Acquisitions 93 8.2.7 Dispositions of Assets or Subsidiaries 94 8.2.8 Affiliate Transactions 95 8.2.9 Subsidiaries, Partnerships and Joint Ventures 95 8.2.10 Continuation of or Change in Business 96 8.2.11 Fiscal Year 96 8.2.12 Issuance of Stock 96 8.2.13 Changes in Organizational Documents 96 8.2.14 Capital Expenditures and Leases 96 8.2.15 Minimum Debt Service Coverage Ratio 96 8.2.16 Maximum Leverage Ratios 97 8.2.17 Minimum Liquidity 97 8.2.18 Minimum Quarterly Consolidated EBITDA 97 8.2.19 Power Generation Hxxxxx 97 8.2.20 Cash Surplus 97 8.3 Reporting Requirements 98 8.3.1 Quarterly Financial Statements 98 Table of Contents TABLE OF CONTENTS (continued) Page 8.3.2 Annual Financial Statements 98 8.3.3 Certificates of the Borrower 98 8.3.4 Notices 98 8.3.5 Projected Cash Flow Statements 99

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 73 6.1.2 80 6.2 Loan Parties; Subsidiaries and Owners; Investment Companies 74 6.1.3 81 6.3 Validity and Binding Effect 74 6.1.4 81 6.4 No Conflict; Material Agreements; Consents 74 Table of Contents TABLE OF CONTENTS (continued) Page 6.1.5 81 6.5 Litigation 74 6.1.6 82 6.6 Financial Statements 75 6.1.7 82 6.7 No Material Adverse Change 82 6.8 Margin Stock 75 6.1.8 82 6.9 Full Disclosure 75 6.1.9 82 6.10 Taxes 75 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc 75 6.1.11 83 6.11 Intellectual Property 83 6.12 Ownership of Property; Liens in the Collateral 76 6.1.12 83 6.13 Insurance 76 6.1.13 84 6.14 ERISA Compliance 76 6.1.14 84 6.15 Environmental Matters 76 6.1.15 84 6.16 Solvency 78 6.1.16 Employment Matters 78 6.1.17 Title to Properties 78 6.1.18 Coal Act; Black Lung Act 79 6.1.19 Bonding Capacity 79 6.1.20 Permit Blockage 79 6.1.21 85 6.17 Sanctions and other Anti-Terrorism Laws; EEA Financial Institution 79 6.1.22 Mining Property 79 6.1.23 Laws 85 6.18 Anti-Corruption Laws 85 6.19 Certificate of Beneficial Ownership 79 6.2 Updates to Schedules 80 7. 85 6.20 No Affected Financial Institutions 85 6.21 Surety Obligations 86 6.22 Subordination of Subordinated Debt 86 6.23 No Casualty 86 Article 7 CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 80 86 7.1 First Loans and Letters of Credit 80 7.1.1 Deliveries 80 7.1.2 Payment of Fees 83 Conditions to Effectiveness 86 7.2 Conditions to Funding Date 87 7.3 Each Loan or Letter of Credit 83 8. 89 Article 8 AFFIRMATIVE COVENANTS 83 89 8.1 Affirmative Covenants. 83 8.1.1 Preservation of Existence, Etc 83 8.1.2 89 8.2 Payment of Liabilities, Including Taxes, Etc 83 8.1.3 90 8.3 Maintenance of Insurance 83 8.1.4 90 8.4 Maintenance of Properties and Leases 84 8.1.5 Visitation 90 8.5 Inspection Rights 84 8.1.6 90 8.6 Keeping of Records and Books of Account 84 8.1.7 90 8.7 Compliance with Laws; Use of Proceeds 84 8.1.8 91 8.8 Additional Subsidiaries; Further Assurances 85 Table of Contents TABLE OF CONTENTS (continued) Page 8.1.9 91 8.9 Sanctions and other Anti-Terrorism Laws 85 8.1.10 93 8.10 Keepwell 85 8.1.11 Collateral and 93 8.11 Reporting Requirements 94 8.12 Certificates; Notices; Additional Collateral; Execution and Delivery of Additional and Ancillary Security Documents 86 8.1.12 Maintenance of Coal Supply Agreements and Material Contracts 88 8.1.13 Maintenance of Licenses, Etc 88 8.1.14 Maintenance of Permits 88 8.1.15 [Reserved] 88 8.1.16 Information 94 8.13 Certificate of Beneficial Ownership and Other Additional Information 88 8.1.17 Appraisal 89 8.1.18 Financial Advisor 89 8.2 Negative Covenants 90 8.2.1 96 8.14 Post-Closing Covenant 96 Article 9 NEGATIVE COVENANTS 97 9.1 Indebtedness 90 8.2.2 97 9.2 Liens 91 8.2.3 Guaranties 91 8.2.4 Loans and Investments 91 8.2.5 Dividends and Related Distributions 92 8.2.6 Liquidations, Mergers, Consolidations, Acquisitions 93 8.2.7 Dispositions of Assets or Subsidiaries 94 8.2.8 Affiliate Transactions 95 8.2.9 Subsidiaries, Partnerships and Joint Ventures 95 8.2.10 Continuation of or Change in Business 96 8.2.11 Fiscal Year 96 8.2.12 Issuance of Stock 96 8.2.13 Changes in Organizational Documents 96 8.2.14 Capital Expenditures and Leases 96 8.2.15 Minimum Debt Service Coverage Ratio 96 8.2.16 Maximum Leverage Ratios 97 8.2.17 Minimum Liquidity 97 8.2.18 Minimum Quarterly Consolidated EBITDA 97 8.2.19 Power Generation Hxxxxx 97 8.2.20 Cash Surplus 97 8.3 Reporting Requirements 98 8.3.1 Quarterly Financial Statements 98 99 ​ Table of Contents TABLE OF CONTENTS (continued) ​ ​ ​ ​ Page 8.3.2 Annual Financial Statements 98 8.3.3 Certificates of the Borrower 98 8.3.4 Notices 98 8.3.5 Projected Cash Flow Statements 99​ ​

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 73 6.1.2 Default. 68 6.2 Borrower; Subsidiaries and Owners; Investment Companies 74 6.1.3 Companies. 69 6.3 Validity and Binding Effect 74 6.1.4 Effect. 69 6.4 No Conflict; Material Agreements; Consents 74 Table Consents. 69 6.5 Litigation. 70 6.6 Financial Statements. 70 6.7 Accuracy of Contents TABLE OF CONTENTS (continued) Page 6.1.5 Litigation 74 6.1.6 Financial Statements 75 6.1.7 Statements. 71 6.8 Margin Stock 75 6.1.8 Stock. 71 6.9 Full Disclosure 75 6.1.9 Taxes 75 6.1.10 Disclosure. 71 6.10 Taxes. 71 6.11 Patents, Trademarks, Copyrights, Licenses, Etc 75 6.1.11 Etc. 71 6.12 Liens in the Collateral 76 6.1.12 Insurance 76 6.1.13 Collateral. 71 6.13 Insurance. 72 6.14 ERISA Compliance 76 6.1.14 Compliance. 72 6.15 Environmental Matters 76 6.1.15 Solvency 78 6.1.16 Employment Matters 78 6.1.17 Title to Properties 78 6.1.18 Coal Act; Black Lung Act 79 6.1.19 Bonding Capacity 79 6.1.20 Permit Blockage 79 6.1.21 Matters. 73 6.16 Solvency. 73 6.17 Sanctions and other Anti-Terrorism Laws; EEA Financial Institution 79 6.1.22 Mining Property 79 6.1.23 . 73 6.18 Anti-Corruption Laws. 74 6.19 Certificate of Beneficial Ownership 79 6.2 Updates to Schedules 80 7Ownership. 74 TABLE OF CONTENTS (continued) Page ARTICLE 7 CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 80 74 7.1 First Initial Loans and Letters of Credit 80 7.1.1 Deliveries 80 7.1.2 Payment of Fees 83 Credit. 74 7.2 Each Loan or Letter of Credit 83 8Credit. 76 ARTICLE 8 AFFIRMATIVE COVENANTS 83 76 8.1 Affirmative Covenants. 83 8.1.1 Preservation of Existence, Etc 83 8.1.2 Etc. 76 8.2 Payment of Liabilities, Including Taxes, Etc 83 8.1.3 Etc. 76 8.3 Maintenance of Insurance 83 8.1.4 Insurance. 77 8.4 Maintenance of Properties and Leases 84 8.1.5 Visitation Rights 84 8.1.6 Leases. 77 8.5 Inspection Rights. 77 8.6 Keeping of Records and Books of Account 84 8.1.7 Account. 77 8.7 Compliance with Laws; Use of Proceeds Proceeds. 78 8.8 Additional Subsidiaries and Real Property; Further Assurances. 78 8.9 Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws. 79 8.10 [Reserved]. 80 8.11 Keepwell. 80 8.12 Reporting Requirements. 80 8.13 Certificates; Notices; Additional Information. 81 8.14 Certificate of Beneficial Ownership and Other Additional Information. 82 8.15 Post-Closing Obligations. 82 ARTICLE 9 NEGATIVE COVENANTS 83 9.1 Indebtedness. 83 9.2 Liens. 84 8.1.8 Further Assurances 9.3 Loans and Investments. 84 9.4 Dividends and Related Distributions. 85 Table 9.5 Liquidations, Mergers, Consolidations, Acquisitions. 85 9.6 Dispositions of Contents Assets or Subsidiaries. 85 9.7 Affiliate Transactions. 85 9.8 Subsidiaries, Partnerships and Joint Ventures. 85 9.9 Continuation of or Change in Business. 85 9.10 Fiscal Year. 86 9.11 Changes to Material Documents. 86 TABLE OF CONTENTS (continued) Page 8.1.9 9.12 [Reserved]. 86 9.13 Minimum Consolidated Fixed Charge Coverage Ratio. 86 9.14 Maximum Consolidated Leverage Ratio. 86 9.15 Reserved. 86 9.16 Reserved. 86 9.17 Limitation on Negative Pledges and Restrictive Agreements. 86 9.18 Reserved. 86 9.19 Agreements Restricting Dividends. 86 9.20 Sanctions and other Anti-Terrorism Laws 85 8.1.10 Keepwell 85 8.1.11 Collateral and Additional Collateral; Execution and Delivery Laws. 87 9.21 Anti-Corruption Laws. 87 ARTICLE 10 DEFAULT 87 10.1 Events of Additional and Ancillary Security Documents 86 8.1.12 Maintenance Default. 87 10.2 Consequences of Coal Supply Agreements and Material Contracts 88 8.1.13 Maintenance Event of Licenses, Etc 88 8.1.14 Maintenance Default. 89 10.3 Application of Permits 88 8.1.15 [Reserved] 88 8.1.16 Certificate of Beneficial Ownership and Other Additional Information 88 8.1.17 Appraisal 89 8.1.18 Financial Advisor 89 8.2 Negative Covenants 90 8.2.1 Indebtedness 90 8.2.2 Liens 91 8.2.3 Guaranties 91 8.2.4 Loans and Investments 91 8.2.5 Dividends and Related Distributions 92 8.2.6 Liquidations, Mergers, Consolidations, Acquisitions 93 8.2.7 Dispositions of Assets or Subsidiaries 94 8.2.8 Affiliate Transactions 95 8.2.9 Subsidiaries, Partnerships and Joint Ventures 95 8.2.10 Continuation of or Change in Business 96 8.2.11 Fiscal Year 96 8.2.12 Issuance of Stock 96 8.2.13 Changes in Organizational Documents 96 8.2.14 Capital Expenditures and Leases 96 8.2.15 Minimum Debt Service Coverage Ratio 96 8.2.16 Maximum Leverage Ratios 97 8.2.17 Minimum Liquidity 97 8.2.18 Minimum Quarterly Consolidated EBITDA 97 8.2.19 Power Generation Hxxxxx 97 8.2.20 Cash Surplus 97 8.3 Reporting Requirements 98 8.3.1 Quarterly Financial Statements 98 Table of Contents TABLE OF CONTENTS (continued) Page 8.3.2 Annual Financial Statements 98 8.3.3 Certificates of the Borrower 98 8.3.4 Notices 98 8.3.5 Projected Cash Flow Statements 99Proceeds. 90

Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 73 56 6.1.2 Subsidiaries and Owners; Investment Companies 74 56 6.1.3 Validity and Binding Effect 74 57 6.1.4 No Conflict; Material Agreements; Consents 74 Table of Contents TABLE OF CONTENTS (continued) Page 57 6.1.5 Litigation 74 57 6.1.6 Financial Statements 75 57 6.1.7 Margin Stock 75 58 6.1.8 Full Disclosure 75 58 6.1.9 Taxes 75 58 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc 75 Etc. 59 6.1.11 Liens in the Collateral 76 59 6.1.12 Insurance 76 59 6.1.13 ERISA Compliance 76 59 6.1.14 Environmental Matters 76 60 6.1.15 Solvency 78 6.1.16 Employment Matters 78 6.1.17 Title to Properties 78 6.1.18 Coal Act; Black Lung Act 79 6.1.19 Bonding Capacity 79 6.1.20 Permit Blockage 79 6.1.21 Anti-Terrorism Laws; EEA Financial Institution 79 6.1.22 Mining Property 79 6.1.23 Certificate of Beneficial Ownership 79 60 6.2 Updates to Schedules 80 60 7. CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 80 60 7.1 First Loans and Letters of Credit 80 60 7.1.1 Deliveries 80 7.1.2 61 7/1/2002 Payment of Fees 83 62 7.2 Each Loan or Letter of Credit 83 62 8. COVENANTS 83 62 8.1 Affirmative Covenants. 83 8.1.1 Covenants 62 8/1/2001 Preservation of Existence, Etc 83 8.1.2 Etc. 62 8/1/2002 Payment of Liabilities, Including Taxes, Etc 83 8.1.3 Etc. 62 8/1/2003 Maintenance of Insurance 83 8.1.4 62 8/1/2004 Maintenance of Properties and Leases 84 8.1.5 63 8/1/2005 Visitation Rights 84 8.1.6 63 8/1/2006 Keeping of Records and Books of Account 84 8.1.7 63 8/1/2007 Compliance with Laws; Use of Proceeds 84 8.1.8 63 8/1/2008 Further Assurances 85 Table of Contents TABLE OF CONTENTS (continued) Page 8.1.9 63 8/1/2009 Anti-Terrorism Laws 85 8.1.10 Keepwell 85 8.1.11 Collateral and Additional Collateral; Execution and Delivery of Additional and Ancillary Security Documents 86 8.1.12 Maintenance of Coal Supply Agreements and Material Contracts 88 8.1.13 Maintenance of Licenses, Etc 88 8.1.14 Maintenance of Permits 88 8.1.15 [Reserved] 88 8.1.16 Certificate of Beneficial Ownership and Other Additional Information 88 8.1.17 Appraisal 89 8.1.18 Financial Advisor 89 63 8.2 Negative Covenants 90 8.2.1 64 8/2/2001 Indebtedness 90 8.2.2 Liens 91 8.2.3 64 8/2/2002 Liens; Lien Covenants 66 8/2/2003 Guaranties 91 8.2.4 66 8/2/2004 Loans and Investments 91 8.2.5 66 8/2/2005 Dividends and Related Distributions 92 8.2.6 67 8/2/2006 Liquidations, Mergers, Consolidations, Acquisitions 93 8.2.7 68 8/2/2007 Dispositions of Assets or Subsidiaries 94 8.2.8 68 8/2/2008 Affiliate Transactions 95 8.2.9 69 8/2/2009 Subsidiaries, Partnerships and Joint Ventures 95 8.2.10 70 8/2/2010 Continuation of or Change in Business 96 8.2.11 70 8/2/2011 Fiscal Year 96 8.2.12 Issuance of Stock 96 8.2.13 70 8/2/2012 Changes in Organizational Documents 96 8.2.14 70 8/2/2013 Capital Expenditures and Leases 96 8.2.15 70 8/2/2014 Minimum Debt Service Fixed Charge Coverage Ratio 96 8.2.16 71 8/2/2015 Maximum Leverage Ratios 97 8.2.17 Minimum Liquidity 97 8.2.18 Minimum Quarterly Consolidated EBITDA 97 8.2.19 Power Generation Hxxxxx 97 8.2.20 Cash Surplus 97 Ratio. The Loan Parties shall not at any time permit the Leverage Ratio to be greater than 3.00 to 1.00 71 8.3 Reporting Requirements 98 8.3.1 72 8/3/2001 Quarterly Financial Statements 98 Table of Contents TABLE OF CONTENTS (continued) Page 8.3.2 72 8/3/2002 Annual Financial Statements 98 8.3.3 Certificates 72 8/3/2003 Certificate of the Borrower 98 8.3.4 72 8/3/2004 Notices 98 8.3.5 Projected Cash Flow Statements 9973 9. DEFAULT 74 9.1 Events of Default 74 9/1/2001 Payments Under Loan Documents 74 9/1/2002 Breach of Warranty 74 9.1.39.1.49.1.59.1.69.1.79.1.89.1.99.1.109.1.11 Breach of Negative Covenants or Visitation RightsBreach of Other CovenantsDefaults in Other AgreementsFinal Judgments or OrdersLoan Document UnenforceableUninsured Losses; Proceedings Against AssetsEvents Relating to PlansChange of ControlRelief Proceedings 747475757575757575 9.2 Consequences of Event of Default 76 9.2.19.2.29.2.39.2.4 Events of Default Other Than Bankruptcy, Insolvency or Reorganization ProceedingsBankruptcy, Insolvency or Reorganization ProceedingsSet-offApplication of Proceeds 76767677 10. THE ADMINISTRATIVE AGENT 77 10.1 Appointment and Authority 77 10.2 Rights as a Lender 77 10.3 Exculpatory Provisions 78 10.4 Reliance by Administrative Agent 79 10.5 Delegation of Duties 79 10.6 Resignation of Administrative Agent 79 10.7 Non-Reliance on Administrative Agent and Other Lenders 80 10.8 No Other Duties, etc. 80 10.9 Administrative Agent’s Fee 80 10.10 Authorization to Release Collateral and Guarantors 80 10.11 No Reliance on Administrative Agent’s Customer Identification Program 81 11. MISCELLANEOUS 81 11.1 Joint and Several Obligations 81 11.2 Modifications, Amendments or Waivers 82 11/2/2001 Increase of Commitment 82 11/2/2002 Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment 82 11/2/2003 Release of Collateral or Guarantor 82 11/2/2004 Miscellaneous 82