Gross Clean Recoverable

EX-10.27 20 c65698a5exv10w27.htm EX-10.27 exv10w27
Exhibit 10.27
TENNESSEE VALLEY AUTHORITY
COAL SUPPLY & ORIGINATION
1101 Market Street, MR 2A-C
Chattanooga, Tennessee ###-###-####
CONTRACT SUPPLEMENT
                 
TO:
  Armstrong Coal Company, Inc.   Supplement No.   3  
 
  7701 Forsyth Boulevard - 10th Floor   Date   October 15, 2010
 
  St. Louis, Missouri 63105   Group-Contract No.   635-40685  
 
      Plant   Paradise
 
      Name of Mine   Parkway
Attention: Mr. Martin Wilson
This confirms the following recent agreement between the parties, involving Tate Rich representing Armstrong Coal Company, Inc. (“Armstrong”), and Connie Gazaway representing TVA:
1. TVA has claimed Force Majeure on 103,840 tons of coal under Group-Contract No. 635-40685 at Paradise Fossil Plant (“Plant”) in calendar year 2010 due to events at the Plant. TVA and Armstrong have mutually agreed to ship these tons in the 4th quarter of calendar year 2010 at a price reduction of $5.00 per ton or $51.71 per ton.
All other terms and conditions of the contract remain unchanged.
Please complete the acceptance below and return a signed copy of this contract supplement to this office. You should retain the other signed copy for your files.
             
Accepted
  Armstrong Coal Co.   TENNESSEE VALLEY AUTHORITY    
 
 
 
Company
       
 
           
By
  /s/ Martin D. Wilson   /s/ Connie S. Gazaway    
 
 
 
Signature
 
 
Connie S. Gazaway
   
 
      Senior Fuel Transportation Specialist    
 
           
President
  /s/    
         
Title
      Contract Support Specialist    
 
           
10/27/10
  /s/    
           
Date
      Manager of Coal Supply    
TVA SENSITIVE INFORMATION