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Master Coal Purchase and Sale Agreement

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Standardized coal trade agreements, such as the Coal Trading Association`s 2010 Coal Purchase and Sale Framework Contract, also prescribe a specified approach in BTU per pound (see Appendix D). As of the effective date, Vitol and Patriot were parties to the Designated Coal Purchase and Sale Agreement dated September 8, 2011 (the “Agreement”), under which Patriot sells coal to Vitol. See e.B. American Coal Council, 2010 Master Coal Purchase and Sale Agreement accessed November 14, 2020; and American Electric Power, Master Coal Purchase and Sale Agreement, October 26, 2018 accessed November 14, 2020. FELP, FCS, Javelin and Uniper Global Commodities UK Limited (“Uniper”) are parties to the purchase of modified and reformulated Master Coal and Sales Agreement of 1. January 2019 (as amended, as amended or otherwise amended, including by virtue of a confirmation received therein, the “Pre-Shipment Master Agreement”). In particular, multi-site reviews, legal considerations and liability concerns are paramount to a coordinated approach. These confirmation supplements form part of the Framework Contract for the Purchase and Sale of Coal of __, in the Framework Coal Framework Contract then in force and supplemented from time to time (the “Framework Contract”) between the seller and the buyer. Decker Coal is a party to a master contract for the purchase and sale of coal with DTE Electric Company effective December 10, 2003 and a confirmation letter effective February 4, 2015 (collectively, the “DTE Sales Agreement”).

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