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� United States Department of the Interior <br />of OFFICE OF SURFACE MINING RECLAMATION AND ENFORCEMENT <br />ASSIGNMENT OF CERTIFICATE OF DEPOSIT FOR COLLATERAL BOND <br />(Corporation) <br />WHEREAS, on.tt - ?1 day of MARCH _ 2007 <br />NATIONAL E�NG COAL, LL <br />Dame ot- CorporwoNI- emirtee <br />_783 Highway 337jUeras, New Mexic <br />(Address, City; <br />Zip Code) <br />execaited (a) certain Certificate(s) of Deposit described as follmys: <br />A $10,200100 (TEN THOUSAND AND TWof; HUNDRED DOLLAkS 00 /100) CERTIFICATE <br />QF DEPOSifi IN THE N E . <br />F, ATIONAL ICING COAL, LLCI PAYABLE TO UNITT}D ^� AfiE5„ <br />to secure performance of certain reclamaticrn under Federal Surface Coal Mining Permit lip <br />CO- 0106A. <br />WTXREAS, under 30 CFR §800.21(a)(3) thepermittee is, required to post an acceptable <br />new certificate or provide an executed assignment of the existing certificate made payable to the <br />regulatory authority. <br />NOW THERUORE, to satisfy the requirements of 30 CFR §800.21(a)(3), the <br />undersigned NATIONAL KING COAL, LLC _ as Obligor, hereby assns its <br />(Name of CoWation — Peimittee) <br />interest in the Certificate(s) of Deposit as described above, made payable to the "United States <br />Department of the Interior, Office of Surface Mining Reclamation and Enforcement." <br />THE CONDITION OF THE ABOVE ASSIGNMENT it such that the certificate shall: <br />(a) be assigned to the United Stales Department ofthe Interior, Office of Surface <br />Mining Reclamation and Worcenlent, both in writing and upon the books of the <br />institution issuing such certificates; <br />(b) individually not exceed $100,000 or the maximum insurable amount as <br />determined by F.D.I.0 and F.S.L.I.C.; <br />(c) be conditioned upon the Issuing Institution waiving all rights of set -off or liens <br />which it has or may have against such certificates; <br />Permit No. CO -0106A Page 1 of 3 Certificate of Deposit - Corporation <br />