TENNESSEE VALLEY AUTHORITY COAL SUPPLY & ORIGINATION
Exhibit 10.5
TENNESSEE VALLEY AUTHORITY
COAL SUPPLY & ORIGINATION
0000 Xxxxxx Xxxxxx, MR 2A-C
Chattanooga, Tennessee 37402-2801
TO: | Xxxxxxxxx Coal Company, Inc. | Supplement Xx. | 0 | |||||
0000 Xxxxxxx Xxxxxxxxx—10th Floor | Date | October 15, 0000 | ||||||
Xx. Xxxxx, Xxxxxxxx 00000 | Group-Contract No. | 635-40685 | ||||||
Plant | Paradise | |||||||
Name of Mine | Parkway |
Attention: Mr. Xxxxxx Xxxxxx
This confirms the following recent agreement between the parties, involving Xxxx Xxxx representing Xxxxxxxxx Coal Company, Inc. (“Xxxxxxxxx”), and Xxxxxx Xxxxxxx representing TVA:
1. TVA has claimed Force Majeure on 103,840 tons of coal under Group-Contract No. 635-40685 at Paradise Fossil Plant (“Plant”) in calendar year 2010 due to events at the Plant. TVA and Xxxxxxxxx have mutually agreed to ship these tons in the 4th quarter of calendar year 2010 at a price reduction of $5.00 per ton or $51.71 per ton.
All other terms and conditions of the contract remain unchanged.
Please complete the acceptance below and return a signed copy of this contract supplement to this office. You should retain the other signed copy for your files.
Accepted | Xxxxxxxxx Coal Co. | TENNESSEE VALLEY AUTHORITY | ||||
Company | ||||||
By | /s/ Xxxxxx X. Xxxxxx | /s/ Xxxxxx X. Xxxxxxx | ||||
Signature | Xxxxxx X. Xxxxxxx | |||||
Senior Fuel Transportation Specialist | ||||||
President | /s/ | |||||
Title | Contract Support Specialist | |||||
10/27/10 | /s/ | |||||
Date | Manager of Coal Supply |
TVA SENSITIVE INFORMATION