PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • August 8th, 2017 • Royal Energy Resources, Inc. • Bituminous coal & lignite surface mining • New York
THIS PLEDGE AND SECURITY AGREEMENT, dated as of May 31, 2017 (as the same may be amended, restated or otherwise modified from time to time, this “Agreement”), is made by ROYAL ENERGY RESOURCES, INC., a Delaware corporation (the “Borrower”), having an address at 56 Broad Street, Suite 2, Charleston, SC 29401, in favor of CEDARVIEW OPPORTUNITIES MASTER FUND, L.P., a Delaware limited partnership (together with it successors and assigns, the “Secured Party”).
