2020-08-04_GENERAL DOCUMENTS - C2010088 (4)

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Case 1:20-bk-12043 Doc 122-2 Filed 07/29/20 Entered 07/29/20 15:35:30 Desc Exhibit B - Engagement Agreement Page 2 of 12 Alan Boyko Senior Managing Director l FTI Consulting,Inc. 99917'h Street,Suite 700 F Denver,CO 80202 ce PRIVATE&CQNFWENTIAL ({ On.boy3.689.8892 alan,boyko@hiconsulti ng.com i March 17,2020 Richard A.Boone Rhino Resource Partners LP 424 Lewis Hargett Circle, Ste 250 Lexington,KY 40503 Re: Rhino Resource Partners LP Dear Mr.Boone: 1. Introduction This letter confirms that we,FTI Consulting,Inc.("FTI"),have been retained by you,Rhino Resource Partners LP(the"Company"),to provide certain financial advisory and consulting services(the"Services")set out below. This letter of engagement(the"Engagement")and the related Standard Terms and Conditions constitute the engagement contract(the"Engagement Contract")pursuant to which the Services will be provided. 2. Scope of Services The Services,to be performed at your direction,are expected to include the following: • Assess cash flow forecasting and weekly reporting capabilities,and implement improvements to current processes; • Assist the Company to analyze and determine potential of liquidity needs and related timing; • Assist company personnel in vendor management strategies and related communications; • Act as conduit to lenders and other external parties as requested by management; Prepare the Company to Meet the Requirements of Filing for Bankruptcy Court Protection • The Company has determined a contingency plan is appropriate to prepare for the potential that it will seek protection under the United States Bankruptcy Code. As part of this contingency preparation FTI has been asked to: • Develop a detailed approach to preparing the Company(including subsidiaries and/or affiliates that may be included in the potential filing)for such proceedings in the most cost effective and efficient manner possible; and • Assist the Company in implementing such plan if and when appropriate. • Prepare the necessary financial and operating information for the: • Preparation of bankruptcy petitions and related documents; • Preparation of the statements of financial affairs,schedules,monthly operating reports,and other regular reports required in such proceedings;