Common Contracts

7 similar Mutual Cooperation Agreement contracts by Ramaco Resources, Inc.

EX-10.4 5 d272210dex104.htm EX-10.4 MUTUAL COOPERATION AGREEMENT
Mutual Cooperation Agreement • May 5th, 2020 • Delaware

THIS MUTUAL COOPERATION AGREEMENT (this “Agreement”) is made and entered into this 20th day of August, 2015 (the “Effective Date”) by and between Ramaco Resources, LLC, a Delaware limited liability company, (the “Operating Company”), and Ramaco Central Appalachia, LLC, a Delaware limited liability company, (the “Land Company”).

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MUTUAL COOPERATION AGREEMENT
Mutual Cooperation Agreement • December 29th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware

Assume that Operating Company desires to lease an Acquired Area from Land Company that contains 4.0 million clean tons of coal. The mining plan that is ultimately approved by Land Company indicates that Operating Company shall mine those 4.0 million clean tons of coal over a period of 15 years and shall sell those tons of coal for $100.00 per ton. All tons will be mined utilizing the underground mining method.

MUTUAL COOPERATION AGREEMENT
Mutual Cooperation Agreement • December 29th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware

Assume that Operating Company desires to lease an Acquired Area from Land Company that contains 4.0 million clean tons of coal. The mining plan that is ultimately approved by Land Company indicates that Operating Company shall mine those 4.0 million clean tons of coal over a period of 15 years and shall sell those tons of coal for $88.50 per ton. All tons will be mined utilizing the underground mining method.

MUTUAL COOPERATION AGREEMENT
Mutual Cooperation Agreement • December 29th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware

The minimum royalty and production royalty requirements of this Agreement shall be based upon the following formulas:

MUTUAL COOPERATION AGREEMENT
Mutual Cooperation Agreement • December 12th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware

Assume that Operating Company desires to lease an Acquired Area from Land Company that contains 4.0 million clean tons of coal. The mining plan that is ultimately approved by Land Company indicates that Operating Company shall mine those 4.0 million clean tons of coal over a period of 15 years and shall sell those tons of coal for $88.50 per ton. All tons will be mined utilizing the underground mining method.

MUTUAL COOPERATION AGREEMENT
Mutual Cooperation Agreement • December 12th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware

Assume that Operating Company desires to lease an Acquired Area from Land Company that contains 4.0 million clean tons of coal. The mining plan that is ultimately approved by Land Company indicates that Operating Company shall mine those 4.0 million clean tons of coal over a period of 15 years and shall sell those tons of coal for $100.00 per ton. All tons will be mined utilizing the underground mining method.

MUTUAL COOPERATION AGREEMENT
Mutual Cooperation Agreement • December 12th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware

The minimum royalty and production royalty requirements of this Agreement shall be based upon the following formulas:

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