Gross Clean Recoverable

EX-10.22 15 c65698a5exv10w22.htm EX-10.22 exv10w22
Exhibit 10.22
Tennessee Valley Authority
Coal Supply & Origination
1101 Market Street, MR 2A
Chattanooga, Tennessee ###-###-####
CONTRACT SUPPLEMENT
                 
TO:
  Armstrong Coal Company, Inc.   Supplement No.   15  
 
  7701 Forsyth Boulevard - 10th Floor   Date   December 28, 2011
 
  St. Louis, Missouri 63105   Group-Contract No.   612-40668  
 
      Plant   Various
Attention: Mr. Martin Wilson
This confirms the discussion between Bill McNally, TVA, and Adam Anderson, Armstrong Coal Company, Inc., “(Armstrong) to amend Contract 612-40668 (the “Contract”) as set forth below.
1. The effective date of this Supplement is December 28, 2011 (the “Effective Date”).
2. As of the Effective Date, TVA is exercising its right under the Contract’s Subsection 2.1.2 to decrease the scheduled quarterly deliveries by twenty percent (20%) of the quarterly schedule and this Supplement No. 15 memorializes the sixty (60) days’ written notice (“Nominated Quantity”) required to do so. For the sake of clarity, TVA’s Nominated Quantity for March 1, 2012, through December 31, 2012, will be reduced by 100,000 tons per quarter or a total reduction of 300,000 tons in Calendar Year 2012.
         
Year   Existing Commitment   New Commitment Under this Supplement
2012
  2,000,000 tons   1,700,000 tons
All other terms and conditions of the contract remain unchanged.
           
 
  Tennessee Valley Authority    
 
         
 
  By /s/ Connie S. Gazaway    
 
   
 
   
 
 
 
Connie S. Gazaway
   
 
  Asset Management Specialist    
 
         
 
  /s/ Ray W. Popoynak    
 
 
 
Ray W. Popoynak
   
 
  Manager, Coal Acquisition    
TVA RESTRICTED INFORMATION