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PERMFILE116598
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PERMFILE116598
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Entry Properties
Last modified
8/24/2016 10:12:24 PM
Creation date
11/25/2007 2:31:52 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981033
IBM Index Class Name
Permit File
Doc Date
8/8/2007
Section_Exhibit Name
Exhibit 01 Documents and Leases
Media Type
D
Archive
No
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.-cure 2.00.4 (1) (c)-1 (co;,' _) <br />y <br />4. PAYMEP7T I'OF WORF: <br />ATLANTIC RICHFIELD shall pay OPERATOR for the Wort; related to <br />coal delivered to ATLANTIC RICHFIELD or to a buyer the amount per <br />ton to be paid to ATLANTIC RICHFIELD by the buyer of that coal minus <br />$1.00 a ton, minus property and servence taxes and minus the royalty <br />payable by ATLANTIC RICHFIELD on or attributable to that coal and <br />minus any other amounts paid by ATLANTIC RICHFIELD which are <br />measured by or attributable to the production of coal under this <br />Agreement and subject to the penalties, damages and adjustments set <br />forth below. In the event ATLANTIC RICHFIELD pays penalties or <br />damages or makes adjustments under its contracts for sale of coal <br />for which OPERATOR performs the Work because such coal varies from <br />the quantities or qualities specified in such sale contracts or from <br />the terms and conditions for production or delivery of such coal, <br />OPERATOR shall reimburse ATLANTIC RICHFIELD for all such penalties, <br />damages, or adjustments. ATLANTIC RICHFIELD shall furnish OPERATOR <br />a statement of the calculations of such penalties, damages, or <br />~:djustments of the basis therefor with supporting data in reasonable <br />detail as shall be reasonably necessary to verify the calculations <br />of any such penalties, damages, or adjustments. OPERATOR shall make <br />reimbursement within thirty (30) days after receipt of such <br />statement. To the extent that ATLANTIC RICHFIELD has the right to <br />challenge any penalty or adjustment under its contract for the sale <br />of coal, OPERATOR shall have the same right as ATLANTIC RICHFIELD. <br /> <br />RE~~ISED D'ay 15, 1981 <br />
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