PURCHASE AND SALE AGREEMENT DATED AS OF AUGUST 23, 2007 AMONG PENN VIRGINIA OPERATING CO., LLC, AS PURCHASER AND MEADWESTVACO CORPORATION, AS SELLERPurchase and Sale Agreement • September 24th, 2007 • Penn Virginia Resource Partners L P • Bituminous coal & lignite surface mining • New York
This PURCHASE AND SALE AGREEMENT (this “Agreement”), entered into this 23rd day of August, 2007, by and between MEADWESTVACO CORPORATION, a Delaware corporation having an address of 11013 West Broad Street, Glen Allen, Virginia 23060 (“Seller”), and PENN VIRGINIA OPERATING CO., LLC, a Delaware limited liability company having an address of 2550 East Stone Drive, Suite 200, Kingsport, Tennessee 37660 or its designee (hereinafter referred to as “Purchaser” and, collectively with Seller, the “Parties”) and PENN VIRGINIA RESOURCE PARTNERS, L.P. which shall execute the Joinder attached to this Agreement (“PVR”). Unless otherwise defined herein, capitalized terms shall have the meanings set forth in Article XV “Definitions.”
