EX-10.4 5 d272210dex104.htm EX-10.4 MUTUAL COOPERATION AGREEMENTMutual Cooperation Agreement • May 5th, 2020 • Delaware
Contract Type FiledMay 5th, 2020 JurisdictionTHIS 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”).
MUTUAL COOPERATION AGREEMENTMutual Cooperation Agreement • December 29th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware
Contract Type FiledDecember 29th, 2016 Company Industry JurisdictionAssume 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 AGREEMENTMutual Cooperation Agreement • December 29th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware
Contract Type FiledDecember 29th, 2016 Company Industry JurisdictionAssume 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 AGREEMENTMutual Cooperation Agreement • December 29th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware
Contract Type FiledDecember 29th, 2016 Company Industry JurisdictionThe minimum royalty and production royalty requirements of this Agreement shall be based upon the following formulas:
MUTUAL COOPERATION AGREEMENTMutual Cooperation Agreement • December 12th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware
Contract Type FiledDecember 12th, 2016 Company Industry JurisdictionAssume 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 AGREEMENTMutual Cooperation Agreement • December 12th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware
Contract Type FiledDecember 12th, 2016 Company Industry JurisdictionAssume 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 AGREEMENTMutual Cooperation Agreement • December 12th, 2016 • Ramaco Resources, Inc. • Bituminous coal & lignite mining • Delaware
Contract Type FiledDecember 12th, 2016 Company Industry JurisdictionThe minimum royalty and production royalty requirements of this Agreement shall be based upon the following formulas: