0001171486-20-000008 Sample Contracts

Right of First Offer Agreement
Right of First Offer Agreement • March 3rd, 2020 • Natural Resource Partners Lp • Bituminous coal & lignite surface mining

This Right of First Offer Agreement (“Agreement”) is entered into as of February 28, 2020 (the “Effective Date”), by and among each of Pocahontas Royalties LLC, a Delaware limited liability company (“PRL”), Natural Resource Partners L.P. (“NRP”), GP Natural Resource Partners LLC (the “Company”), NRP (GP) LP (the “GP”), and NRP (Operating) LLC (“OLLC” and together with NRP, the Company, and the GP, the “NRP Entities”). Each of PRL and the NRP Entities may hereafter be individually referred to as a “Party” or collectively as the “Parties.”

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LIMITED WAIVER
Limited Waiver • March 3rd, 2020 • Natural Resource Partners Lp • Bituminous coal & lignite surface mining

THIS LIMITED WAIVER (“Waiver”) is executed by each of Natural Resource Partners L.P. (“NRP”), GP Natural Resource Partners LLC (the “Company”), NRP (GP) LP (the “GP”), and NRP (Operating) LLC (“OLLC” and together with NRP, the Company, and the GP, the “NRP Entities”) effective as of this 28th day of February, 2020.

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