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<SEC-DOCUMENT>0000950123-10-087552.txt : 20100921
<SEC-HEADER>0000950123-10-087552.hdr.sgml : 20100921
<ACCEPTANCE-DATETIME>20100920191037
ACCESSION NUMBER:		0000950123-10-087552
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20100920
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Material Modifications to Rights of Security Holders
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100921
DATE AS OF CHANGE:		20100920

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATURAL RESOURCE PARTNERS LP
		CENTRAL INDEX KEY:			0001171486
		STANDARD INDUSTRIAL CLASSIFICATION:	BITUMINOUS COAL & LIGNITE SURFACE MINING [1221]
		IRS NUMBER:				352164875
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31465
		FILM NUMBER:		101081321

	BUSINESS ADDRESS:	
		STREET 1:		601 JEFFERSON STREET
		STREET 2:		SUITE 3600
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
		BUSINESS PHONE:		713-751-7516

	MAIL ADDRESS:	
		STREET 1:		601 JEFFERSON STREET
		STREET 2:		SUITE 3600
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>h76273e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, DC 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT PURSUANT TO SECTION 13 OF 15(d)<BR>
OF THE SECURITIES EXCHANGE ACT OF 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Date of report (Date of earliest event reported): September&nbsp;20, 2010</B></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>NATURAL RESOURCE PARTNERS L.P.</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><B>(Exact name of registrant as specified in its charter)</B></DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="31%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>001-31465</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>35-2164875</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction <BR>
of incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission<BR>
 File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer<BR>
 Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>601 Jefferson, Suite&nbsp;3600</B>
</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>


</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>Houston, Texas</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom"><B>77002</B></TD>

</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of principal executive offices)</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD align="center" valign="bottom">(Zip code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">Registrant&#146;s telephone number, including area code: <B>(713)&nbsp;751-7507</B></DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="92%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top" align="right"><DIV style="margin-left:0px; text-indent:-0px"><FONT style="font-family: Wingdings">&#111;</FONT>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top" align="right"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" align="right"><DIV style="margin-left:0px; text-indent:-0px"><FONT style="font-family: Wingdings">&#111;</FONT>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top" align="right"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" align="right"><DIV style="margin-left:0px; text-indent:-0px"><FONT style="font-family: Wingdings">&#111;</FONT>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top" align="right"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" align="right"><DIV style="margin-left:0px; text-indent:-0px"><FONT style="font-family: Wingdings">&#111;</FONT>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>











<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;1.01&nbsp;</B></TD>
    <TD><B>Entry into a Material Definitive Agreement</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;<B><I>The Contribution Agreement</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On September&nbsp;20, 2010, Natural Resource Partners L.P. (the &#147;Partnership&#148;) entered into a
Contribution Agreement (the &#147;Contribution Agreement&#148;) by and among the Partnership, its general
partner, NRP (GP)&nbsp;LP (the &#147;General Partner&#148;), Western Pocahontas Properties Limited Partnership,
Great Northern Properties Limited Partnership, New Gauley Coal Corporation and NRP Investment L.P.
(collectively, but excluding the Partnership, the &#147;IDR Holders&#148;) whereby the IDR Holders
collectively contributed all of the incentive distribution rights representing limited partner
interests in the Partnership (the &#147;IDRs&#148;) to the Partnership in exchange for the issuance by the
Partnership to the IDR Holders of 32,000,000 common units representing limited partner interests in
the Partnership (the &#147;New Units&#148;). The Partnership cancelled the IDRs following the acquisition
thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The foregoing description of the Contribution Agreement does not purport to be complete and is
qualified in its entirety by reference to the complete text of such agreement, a copy of which is
filed as Exhibit&nbsp;10.1 to this Current Report and is incorporated by reference herein.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;3.02&nbsp;</B></TD>
    <TD><B>Unregistered Sale of Equity Securities</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As discussed in Item&nbsp;1.01 of this Current Report, the Partnership entered into the
Contribution Agreement on September&nbsp;20, 2010. Pursuant to the terms of the Contribution Agreement,
the Partnership will issue the New Units to the IDR Holders. The New Units were offered and issued
in reliance upon the exemption from registration provided by Section&nbsp;4(2) of the Securities Act of
1933, as amended.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>

    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;3.03&nbsp;</B></TD>

    <TD><B>Material Modifications to Rights of Security Holders</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Fourth Amended and Restated Agreement of Limited Partnership of the Partnership</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At the closing of the Contribution Agreement, the Partnership entered into the Fourth Amended
and Restated Agreement of Limited Partnership of the Partnership (the &#147;Fourth Partnership
Agreement&#148;), to, among other things, reflect the cancellation of the IDRs, remove references to the
subordinated units and Class&nbsp;B units (all of which previously converted into common units), and to
make certain other changes thereto. The other changes included a modification removing the General
Partner&#146;s obligation to make capital contributions to maintain its 2% interest.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After giving effect to this amendment and restatement, the concepts of minimum quarterly
distribution, operating surplus and capital surplus will cease to have any significance and all
cash distributions will be made in accordance with the description attached hereto as Exhibit&nbsp;99.1.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The foregoing description of the Fourth Partnership Agreement does not purport to be complete
and is qualified in its entirety by reference to the complete text of such agreement, a copy of
which is filed as Exhibit&nbsp;3.1 to this Current Report and is incorporated herein by reference.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>

    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;5.03&nbsp;</B></TD>

    <TD><B>Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As discussed above in Item&nbsp;3.03 of this Current Report, which is incorporated herein by
reference, the Partnership entered into the Fourth Partnership Agreement in connection with entry
into the Contribution Agreement on September&nbsp;20, 2010.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>

    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;7.01&nbsp;</B></TD>

    <TD><B>Regulation&nbsp;FD Disclosure</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In accordance with General Instructions B.2. and B.6 of Form 8-K, the following information
and the exhibit referenced therein are being furnished under Item&nbsp;7.01 of Form 8-K and are not
deemed &#147;filed&#148; for purposes of Section&nbsp;18 of the Securities Exchange Act of 1934, as amended, are
not subject to the liabilities of that section and are not deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On September&nbsp;20, 2010, Natural Resource Partners L.P. announced via press release the issuance
of the New Units and the cancellation of the IDRs. A copy of the press release is attached hereto
as Exhibit&nbsp;99.2.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>

    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;8.01&nbsp;</B></TD>

    <TD><B>Other Events</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Fourth Amended and Restated Agreement of Limited Partnership of the General Partner</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At the closing of the Contribution Agreement, the General Partner entered into the Fourth
Amended and Restated Agreement of Limited Partnership of the General Partner (&#147;General Partner
Partnership Agreement&#148;) to
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">make such changes as are necessary to reflect the cancellation of the IDRs once contributed by
the IDR Holders pursuant to the Contribution Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The foregoing description of the General Partner Partnership Agreement does not purport to be
complete and is qualified in its entirety by reference to the complete text of such agreement, a
copy of which is filed as Exhibit&nbsp;3.2 to this Current Report and is incorporated herein by
reference.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>

    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;9.01.&nbsp;</B></TD>

    <TD><B>Financial Statements and Exhibits</B></TD>
</TR>
</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="94%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">(d)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">3.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fourth Amended and Restated Agreement of Limited Partnership of
Natural Resource Partners L.P., dated as of September&nbsp;20, 2010.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">3.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fourth Amended and Restated Agreement of Limited Partnership of NRP
(GP)&nbsp;LP, dated as of September&nbsp;20, 2010.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">10.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Contribution Agreement, dated as of September&nbsp;20, 2010, by and
among Natural Resource Partners L.P., NRP (GP)&nbsp;LP, Western
Pocahontas Properties Limited Partnership, Great Northern
Properties Limited Partnership, New Gauley Coal Corporation and NRP
Investment L.P.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Description of certain provisions of the Fourth Amended and
Restated Agreement of Limited Partnership of Natural Resource
Partners L.P.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release dated September&nbsp;20, 2010.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>NATURAL RESOURCE PARTNERS L.P.</B><BR>
(Registrant)<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 0px solid #000000" align="left">NRP (GP) LP,
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">its General Partner&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 0px solid #000000" align="left">GP Natural Resource Partners LLC,
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">its General Partner&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="50%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
</TR>
<TR>
    <TD align="left">Dated:  September 20, 2010&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Wyatt L. Hogan
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Wyatt L. Hogan&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Vice President, General Counsel and
Secretary&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>

</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="94%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">(d)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">3.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fourth Amended and Restated Agreement of Limited Partnership of
Natural Resource Partners L.P., dated as of September&nbsp;20, 2010.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">3.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fourth Amended and Restated Agreement of Limited Partnership of NRP
(GP)&nbsp;LP, dated as of September&nbsp;20, 2010.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">10.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Contribution Agreement, dated as of September&nbsp;20, 2010, by and
among Natural Resource Partners L.P., NRP (GP)&nbsp;LP, Western
Pocahontas Properties Limited Partnership, Great Northern
Properties Limited Partnership, New Gauley Coal Corporation and NRP
Investment L.P.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Description of certain provisions of the Fourth Amended and
Restated Agreement of Limited Partnership of Natural Resource
Partners L.P.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release dated September&nbsp;20, 2010.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-3.1
<SEQUENCE>2
<FILENAME>h76273exv3w1.htm
<DESCRIPTION>EX-3.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv3w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B><i>EXHIBIT 3.1</i></B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><DIV style="width: 100%; border-bottom: 3px double #000000; FONT-size: 1px">&nbsp;</DIV>
</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>FOURTH AMENDED AND RESTATED</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AGREEMENT OF LIMITED PARTNERSHIP</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>OF</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>NATURAL RESOURCE PARTNERS L.P.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><DIV style="width: 100%; border-bottom: 3px double #000000; FONT-size: 1px">&nbsp;</DIV>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px"><B>TABLE OF CONTENTS</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE I</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">DEFINITIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;1.1 Definitions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;1.2 Construction</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE II</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">ORGANIZATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;2.1 Formation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;2.2 Name</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;2.3 Registered Office; Registered Agent; Principal Office; Other Offices</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;2.4 Purpose and Business</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;2.5 Powers</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;2.6 Power of Attorney</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;2.7 Term</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;2.8 Title to Partnership Assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE III</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">RIGHTS OF LIMITED PARTNERS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;3.1 Limitation of Liability</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;3.2 Management of Business</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;3.3 Outside Activities of the Limited Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;3.4 Rights of Limited Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE IV</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">CERTIFICATES; RECORD HOLDERS; TRANSFER OF
PARTNERSHIP INTERESTS; REDEMPTION OF
PARTNERSHIP INTERESTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;4.1 Certificates</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;4.2 Mutilated, Destroyed, Lost or Stolen Certificates</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;4.3 Record Holders</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;4.4 Transfer Generally</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;4.5 Registration and Transfer of Limited Partner Interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;4.6 Transfer of the General Partner&#146;s General Partner Interest</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;4.7 Restrictions on Transfers</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;4.8 Citizenship Certificates; Non-citizen Assignees</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;4.9 Redemption of Partnership Interests of Non-citizen Assignees</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">24</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->i<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE V</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px"> CAPITAL CONTRIBUTIONS AND ISSUANCE OF
PARTNERSHIP INTERESTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;5.1 Organizational Contributions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;5.2 Contributions by the General Partner and its Affiliates</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;5.3 Contributions by Initial Limited Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;5.4 Interest and Withdrawal</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;5.5 Capital Accounts</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;5.6 Issuances of Additional Partnership Securities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">29</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;5.7 Limited Preemptive Right</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;5.8 Splits and Combinations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;5.9 Fully Paid and Non-Assessable Nature of Limited Partner Interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE VI</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">ALLOCATIONS AND DISTRIBUTIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;6.1 Allocations for Capital Account Purposes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;6.2 Allocations for Tax Purposes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">35</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;6.3 Requirement and Characterization of Distributions; Distributions to Record Holders</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE VII</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">MANAGEMENT AND OPERATION OF BUSINESS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.1 Management</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">38</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.2 Certificate of Limited Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.3 Restrictions on the General Partner&#146;s Authority</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.4 Reimbursement of the General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">41</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.5 Outside Activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">42</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.6 Loans from the General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain </DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:75px; text-indent:-15px">Restrictions on the
General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">43</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.7 Indemnification</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">45</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.8 Liability of Indemnitees</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">47</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.9 Resolution of Conflicts of Interest</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">47</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.10 Other Matters Concerning the General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">49</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.11 Purchase or Sale of Partnership Securities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">49</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.12 Registration Rights of the General Partner and its Affiliates</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">49</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;7.13 Reliance by Third Parties</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">53</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->ii<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE VIII</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">BOOKS, RECORDS, ACCOUNTING AND REPORTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;8.1 Records and Accounting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">54</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;8.2 Fiscal Year</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">54</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;8.3 Reports</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">54</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE IX</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">TAX MATTERS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;9.1 Tax Returns and Information</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">54</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;9.2 Tax Elections</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">55</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;9.3 Tax Controversies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">55</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;9.4 Withholding</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">55</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE X</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">ADMISSION OF PARTNERS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;10.1 Admission of Substituted Limited Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">56</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;10.2 Admission of Successor General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">56</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;10.3 Admission of Additional Limited Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">56</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;10.4 Amendment of Agreement and Certificate of Limited Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">57</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE XI</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">WITHDRAWAL OR REMOVAL OF PARTNERS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;11.1 Withdrawal of the General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">57</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;11.2 Removal of the General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">59</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;11.3 Interest of Departing Partner and Successor General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">59</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;11.4 Withdrawal of Limited Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE XII</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">DISSOLUTION AND LIQUIDATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;12.1 Dissolution</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;12.2 Continuation of the Business of the Partnership After Dissolution</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;12.3 Liquidator</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">62</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;12.4 Liquidation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">63</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;12.5 Cancellation of Certificate of Limited Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">64</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;12.6 Return of Contributions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">64</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;12.7 Waiver of Partition</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">64</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;12.8 Capital Account Restoration</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">64</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->iii<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE XIII</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">AMENDMENT OF PARTNERSHIP AGREEMENT;
MEETINGS; RECORD DATE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.1 Amendment to be Adopted Solely by the General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">64</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.2 Amendment Procedures</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">66</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.3 Amendment Requirements</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">66</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.4 Special Meetings</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.5 Notice of a Meeting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.6 Record Date</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.7 Adjournment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.8 Waiver of Notice; Approval of Meeting; Approval of Minutes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.9 Quorum</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.10 Conduct of a Meeting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.11 Action Without a Meeting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">69</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;13.12 Voting and Other Rights</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">69</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE XIV</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">MERGER</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;14.1 Authority</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">70</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;14.2 Procedure for Merger or Consolidation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">70</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;14.3 Approval by Limited Partners of Merger or Consolidation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">71</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;14.4 Certificate of Merger</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">72</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;14.5 Effect of Merger</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">72</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE XV</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">RIGHT TO ACQUIRE LIMITED PARTNER INTERESTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;15.1 Right to Acquire Limited Partner Interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">72</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:0px; text-indent:-0px">ARTICLE XVI</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">GENERAL PROVISIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.1 Addresses and Notices</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">74</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.2 Further Action</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.3 Binding Effect</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.4 Integration</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.5 Creditors</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.6 Waiver</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.7 Counterparts</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.8 Applicable Law</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.9 Invalidity of Provisions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Section&nbsp;16.10 Consent of Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



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</DIV>



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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>FOURTH AMENDED AND RESTATED AGREEMENT OF LIMITED<BR>
PARTNERSHIP OF NATURAL RESOURCE PARTNERS L.P.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS FOURTH AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF NATURAL RESOURCE PARTNERS
L.P., dated as of September&nbsp;20, 2010 is entered into by and among NRP (GP)&nbsp;LP, a Delaware limited
partnership, as the General Partner, and the Limited Partners, together with any other Persons who
become Partners in the Partnership as provided herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the General Partner, the Organizational Limited Partner, and the Limited Partners of
the Partnership entered into that certain Third Amended and Restated Agreement of Limited
Partnership of the Partnership dated as of April&nbsp;18, 2007 (the &#147;Partnership Agreement&#148;);
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, acting pursuant to the power and authority granted to the General Partner under
Section&nbsp;13.1 of the Partnership Agreement, the General Partner entered into Amendment No.&nbsp;1 to the
Partnership Agreement dated as of April&nbsp;7, 2008 (as so amended, the &#147;Amended Partnership
Agreement&#148;);
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the Partnership, the General Partner, Western Pocahontas, Great Northern, New Gauley
and NRP Investment L.P. have entered into that certain Contribution Agreement, dated the date
hereof (the &#147;IDR Contribution Agreement&#148;), pursuant to which the General Partner, Western
Pocahontas, Great Northern, New Gauley and NRP Investment L.P. (collectively, the &#147;IDR Holders&#148;),
as the holders of all of the outstanding Incentive Distribution Rights (as defined in the Amended
Partnership Agreement), will contribute such Incentive Distribution Rights to the Partnership for
cancellation and the Partnership will issue a total of 32,000,000 Common Units to the IDR Holders;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS, </B>pursuant to the IDR Contribution Agreement, the Amended Partnership Agreement is
required to be amended to reflect the cancellation of the Incentive Distribution Rights; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, Section&nbsp;13.1(d)(i) of the Amended Partnership Agreement provides that the General
Partner may amend any provision of the Amended Partnership Agreement without the approval of any
Partner or Assignee to reflect a change that, in the discretion of the General Partner, does not
adversely affect the Limited Partners (including any particular class of Partnership Interests as
compared to other classes of Partnership Interests) in any material respect.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>NOW, THEREFORE</B>, the General Partner does hereby amend and restate the Amended Partnership
Agreement to provide in its entirety as follows:
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><b>ARTICLE I</b>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><b>DEFINITIONS</b>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;1.1 <I>Definitions</I>. The following definitions shall be for all purposes, unless
otherwise clearly indicated to the contrary, applied to the terms used in this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Additional Limited Partner</I>&#148; means a Person admitted to the Partnership as a Limited Partner
pursuant to Section&nbsp;10.3 and who is shown as such on the books and records of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Adena</I>&#148; means Adena Minerals, LLC, a Delaware limited liability company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Adena Contribution Agreements</I>&#148; means (i)&nbsp;that certain Contribution Agreement, dated as of
December&nbsp;14, 2006 by and among Foresight, Adena, the Partnership, the General Partner and the
Operating Company and (ii)&nbsp;the Second Contribution Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Adena Group</I>&#148; means Cline, Foresight and Adena and their respective Affiliates (including,
without limitation, all Persons that are Affiliates of any of such Persons as of the date of this
Agreement and all Persons that become Affiliates of any of such Persons after the date of this
Agreement) other than the Partnership Group.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Adena Restricted Business</I>&#148; has the meaning assigned to the term &#147;Restricted Business&#148; under
the Restricted Business Contribution Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Adjusted Capital Account</I>&#148; means the Capital Account maintained for each Partner as of the end
of each fiscal year of the Partnership, (a)&nbsp;increased by any amounts that such Partner is obligated
to restore under the standards set by Treasury Regulation&nbsp;Section&nbsp;1.704-1(b)(2)(ii)(c) (or is
deemed obligated to restore under Treasury Regulation&nbsp;Sections&nbsp;1.704-2(g) and 1.704-2(i)(5)) and
(b)&nbsp;decreased by (i)&nbsp;the amount of all losses and deductions that, as of the end of such fiscal
year, are reasonably expected to be allocated to such Partner in subsequent years under Sections
704(e)(2) and 706(d) of the Code and Treasury Regulation&nbsp;Section&nbsp;1.751-1(b)(2)(ii), and (ii)&nbsp;the
amount of all distributions that, as of the end of such fiscal year, are reasonably expected to be
made to such Partner in subsequent years in accordance with the terms of this Agreement or
otherwise to the extent they exceed offsetting increases to such Partner&#146;s Capital Account that are
reasonably expected to occur during (or prior to) the year in which such distributions are
reasonably expected to be made (other than increases as a result of a minimum gain chargeback
pursuant to Section&nbsp;6.1(c)(i) or Section&nbsp;6.1(c)(ii)). The foregoing definition of Adjusted Capital
Account is intended to comply with the provisions of Treasury Regulation&nbsp;Section
1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith. The &#147;Adjusted Capital
Account&#148; of a Partner in respect of any specified interest in the Partnership shall be the amount
which such Adjusted Capital Account would be if such interest in the Partnership were the only
interest in the Partnership held by such Partner from and after the date on which such interest was
first issued.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Adjusted Property</I>&#148; means any property the Carrying Value of which has been adjusted pursuant
to Section&nbsp;5.5(d)(i) or 5.5(d)(ii).
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Affiliate</I>&#148; means, with respect to any Person, any other Person that directly or indirectly
through one or more intermediaries controls, is controlled by or is under common control with, the
Person in question. For the avoidance of doubt, (a)&nbsp;each of Great Northern, New Gauley and Western
Pocahantas (and any successor thereto) shall be deemed to be an Affiliate for purposes of this
definition for so long as it holds an interest in the General Partner and (b)&nbsp;each of Cline, Adena
and Foresight (and any successors thereto) shall be deemed to be an Affiliate for purposes of this
definition for so long as it together with any of its Affiliates has the right to appoint a
director of the General Partner. As used herein, the term &#147;control&#148; means the possession, direct
or indirect, of the power to direct or cause the direction of the management and policies of a
Person, whether through ownership of voting securities, by contract or otherwise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Agreed Value</I>&#148; of any Contributed Property means the fair market value of such property or
other consideration at the time of contribution as determined by the General Partner using such
reasonable method of valuation as it may adopt. The General Partner shall, in its discretion, use
such method as it deems reasonable and appropriate to allocate the aggregate Agreed Value of
Contributed Properties contributed to the Partnership in a single or integrated transaction among
each separate property on a basis proportional to the fair market value of each Contributed
Property.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Agreement</I>&#148; means this Fourth Amended and Restated Agreement of Limited Partnership of Natural
Resource Partners L.P., as it may be amended, supplemented or restated from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Amended Partnership Agreement</I>&#148; has the meaning assigned to such term in the Recitals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Ark Land</I>&#148; means Ark Land Company, a Delaware corporation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Assignee</I>&#148; means a Non-citizen Assignee or a Person to whom one or more Limited Partner
Interests have been transferred in a manner permitted under this Agreement and who has executed and
delivered a Transfer Application as required by this Agreement, but who has not been admitted as a
Substituted Limited Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Associate</I>&#148; means, when used to indicate a relationship with any Person, (a)&nbsp;any corporation
or organization of which such Person is a director, officer or partner or is, directly or
indirectly, the owner of 20% or more of any class of voting stock or other voting interest; (b)&nbsp;any
trust or other estate in which such Person has at least a 20% beneficial interest or as to which
such Person serves as trustee or in a similar fiduciary capacity; and (c)&nbsp;any relative or spouse of
such Person, or any relative of such spouse, who has the same principal residence as such Person.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Available Cash</I>&#148; means, with respect to any Quarter ending prior to the Liquidation Date:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;the sum of (i)&nbsp;all cash and cash equivalents of the Partnership Group on hand at the end
of such Quarter, and (ii)&nbsp;all additional cash and cash equivalents of the Partnership Group on hand
on the date of determination of Available Cash with respect to such
</DIV>




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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Quarter resulting from Working Capital Borrowings made subsequent to the end of such Quarter,
less
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;the amount of any cash reserves that are necessary or appropriate in the reasonable
discretion of the General Partner to (i)&nbsp;provide for the proper conduct of the business of the
Partnership Group (including reserves for future capital expenditures and for anticipated future
credit needs of the Partnership Group) subsequent to such Quarter, (ii)&nbsp;comply with applicable law
or any loan agreement, security agreement, mortgage, debt instrument or other agreement or
obligation to which any Group Member is a party or by which it is bound or its assets are subject
or (iii)&nbsp;provide funds for further distributions; <I>provided</I>, <I>however</I>, that disbursements made by a
Group Member or cash reserves established, increased or reduced after the end of such Quarter but
on or before the date of determination of Available Cash with respect to such Quarter shall be
deemed to have been made, established, increased or reduced, for purposes of determining Available
Cash, within such Quarter if the General Partner so determines.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding the foregoing, &#147;<I>Available Cash</I>&#148; with respect to the Quarter in which the
Liquidation Date occurs and any subsequent Quarter shall equal zero.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Book-Tax Disparity</I>&#148; means with respect to any item of Contributed Property or Adjusted
Property, as of the date of any determination, the difference between the Carrying Value of such
Contributed Property or Adjusted Property and the adjusted basis thereof for federal income tax
purposes as of such date. A Partner&#146;s share of the Partnership&#146;s Book-Tax Disparities in all of its
Contributed Property and Adjusted Property will be reflected by the difference between such
Partner&#146;s Capital Account balance as maintained pursuant to Section&nbsp;5.5 and the hypothetical
balance of such Partner&#146;s Capital Account computed as if it had been maintained strictly in
accordance with federal income tax accounting principles.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Business Day</I>&#148; means Monday through Friday of each week, except that a legal holiday
recognized as such by the government of the United States of America or the State of Texas shall
not be regarded as a Business Day.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Capital Account</I>&#148; means the capital account maintained for a Partner pursuant to Section&nbsp;5.5.
The &#147;<I>Capital Account</I>&#148; of a Partner in respect of any Partnership Interest shall be the amount which
such Capital Account would be if such Partnership Interest were the only interest in the
Partnership held by such Partner from and after the date on which such Partnership Interest was
first issued.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Capital Contribution</I>&#148; means any cash, cash equivalents or the Net Agreed Value of Contributed
Property that a Partner contributes to the Partnership pursuant to this Agreement or the
Contribution Agreement, or any payment made by the General Partner to the Partnership described in
Section&nbsp;5.5(c).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Carrying Value</I>&#148; means (a)&nbsp;with respect to a Contributed Property, the Agreed Value of such
property reduced (but not below zero) by all depreciation, amortization and cost recovery
deductions charged to the Partners&#146; and Assignees&#146; Capital Accounts in respect of such Contributed
Property, and (b)&nbsp;with respect to any other Partnership property, the adjusted basis
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">of such property for federal income tax purposes, all as of the time of determination. The
Carrying Value of any property shall be adjusted from time to time in accordance with Sections
5.5(d)(i) and 5.5(d)(ii) and to reflect changes, additions or other adjustments to the Carrying
Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the
General Partner.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Cause</I>&#148; means a court of competent jurisdiction has entered a final, non-appealable judgment
finding the General Partner liable for actual fraud, gross negligence or willful or wanton
misconduct in its capacity as a general partner of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Certificate</I>&#148; means a certificate (i)&nbsp;substantially in the form of Exhibit&nbsp;A to this
Agreement, (ii)&nbsp;issued in global form in accordance with the rules and regulations of the
Depositary or (iii)&nbsp;in such other form as may be adopted by the General Partner in its discretion,
issued by the Partnership evidencing ownership of one or more Common Units or a certificate, in
such form as may be adopted by the General Partner in its discretion, issued by the Partnership
evidencing ownership of one or more other Partnership Securities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Certificate of Limited Partnership</I>&#148; means the Certificate of Limited Partnership of the
Partnership filed with the Secretary of State of the State of Delaware as such Certificate of
Limited Partnership may be amended, supplemented or restated from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Citizenship Certification</I>&#148; means a properly completed certificate in such form as may be
specified by the General Partner by which an Assignee or a Limited Partner certifies that he (and
if he is a nominee holding for the account of another Person, that to the best of his knowledge
such other Person) is an Eligible Citizen.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Claim</I>&#148; has the meaning assigned to such term in Section&nbsp;7.12(d).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Cline</I>&#148; means Christopher Cline, an individual residing in Palm Beach County, Florida.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Closing Date</I>&#148; means October&nbsp;17, 2002.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Closing Price</I>&#148; has the meaning assigned to such term in Section&nbsp;15.1(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Code</I>&#148; means the Internal Revenue Code of 1986, as amended and in effect from time to time.
Any reference herein to a specific section or sections of the Code shall be deemed to include a
reference to any corresponding provision of any successor law.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Combined Interest</I>&#148; has the meaning assigned to such term in Section&nbsp;11.3(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Commission</I>&#148; means the United States Securities and Exchange Commission.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Common Unit</I>&#148; means a Partnership Security representing a fractional part of the Partnership
Interests of all Limited Partners and Assignees and having the rights and obligations specified
with respect to Common Units in this Agreement.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Conflicts Committee</I>&#148; means a committee of the Board of Directors of the general partner of
the General Partner (or the applicable governing body of any successor to the General
Partner) composed entirely of two or more directors who are not (a)&nbsp;security holders, officers
or employees of the General Partner, (b)&nbsp;officers, directors or employees of any Affiliate of the
General Partner or (c)&nbsp;holders of any ownership interest in the Partnership Group other than Common
Units and who also meet the independence standards required to serve on an audit committee of a
board of directors by the National Securities Exchange on which the Common Units are listed for
trading.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Contributed Property</I>&#148; means each property or other asset, in such form as may be permitted by
the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a
Contributed Property is adjusted pursuant to Section&nbsp;5.5(d), such property shall no longer
constitute a Contributed Property, but shall be deemed an Adjusted Property.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Contribution Agreement</I>&#148; means that certain Contribution, Conveyance and Assumption
Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating
Company and certain other parties, together with the additional conveyance documents and
instruments contemplated or referenced thereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Curative Allocation</I>&#148; means any allocation of an item of income, gain, deduction, loss or
credit pursuant to the provisions of Section&nbsp;6.1(c)(x).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Current Market Price</I>&#148; has the meaning assigned to such term in Section&nbsp;15.1(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Delaware Act</I>&#148; means the Delaware Revised Uniform Limited Partnership Act, 6 Del. C. Section
17-101, et seq., as amended, supplemented or restated from time to time, and any successor to such
statute.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Departing Partner</I>&#148; means a former General Partner from and after the effective date of any
withdrawal or removal of such former General Partner pursuant to Section&nbsp;11.1 or 11.2.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Depositary</I>&#148; means, with respect to any Units issued in global form, The Depository Trust
Company and its successors and permitted assigns.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Economic Risk of Loss</I>&#148; has the meaning set forth in Treasury Regulation&nbsp;Section&nbsp;1.752-2(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Eligible Citizen</I>&#148; means a Person qualified to own interests in real property in jurisdictions
in which any Group Member does business or proposes to do business from time to time, and whose
status as a Limited Partner or Assignee does not or would not subject such Group Member to a
significant risk of cancellation or forfeiture of any of its properties or any interest therein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Event of Withdrawal</I>&#148; has the meaning assigned to such term in Section&nbsp;11.1(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Foresight</I>&#148; means Foresight Reserves LP, a Delaware limited partnership.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>General Partner</I>&#148; means NRP (GP)&nbsp;LP and its successors and permitted assigns as general
partner of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>General Partner Interest</I>&#148; means the ownership interest of the General Partner in the
Partnership (in its capacity as a general partner without reference to any Limited Partner Interest
held by it) which may be evidenced by Partnership Securities or a combination thereof or interest
therein, and includes any and all benefits to which the General Partner is entitled as provided in
this Agreement, together with all obligations of the General Partner to comply with the terms and
provisions of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Great Northern</I>&#148; means Great Northern Properties Limited Partnership, a Delaware limited
partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Group</I>&#148; means a Person that with or through any of its Affiliates or Associates has any
agreement, arrangement or understanding for the purpose of acquiring, holding, voting (except
voting pursuant to a revocable proxy or consent given to such Person in response to a proxy or
consent solicitation made to 10 or more Persons) or disposing of any Partnership Securities with
any other Person that beneficially owns, or whose Affiliates or Associates beneficially own,
directly or indirectly, Partnership Securities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Group Member</I>&#148; means a member of the Partnership Group.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Holder</I>&#148; as used in Section&nbsp;7.12, has the meaning assigned to such term in Section&nbsp;7.12(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>IDR Contribution Agreement</I>&#148; has the meaning assigned to such term in the Recitals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Indemnified Persons</I>&#148; has the meaning assigned to such term in Section&nbsp;7.12(d).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Indemnitee</I>&#148; means (a)&nbsp;the General Partner, (b)&nbsp;any Departing Partner, (c)&nbsp;any Person who is
or was an Affiliate of the General Partner or any Departing Partner, (d)&nbsp;any Person who is or was a
member, partner, officer, director, employee, agent or trustee of any Group Member, the General
Partner or any Departing Partner or any Affiliate of any Group Member, the General Partner or any
Departing Partner and (e)&nbsp;any Person who is or was serving at the request of the General Partner or
any Departing Partner or any Affiliate of the General Partner or any Departing Partner as an
officer, director, employee, member, partner, agent, fiduciary or trustee of another Person;
provided, that a Person shall not be an Indemnitee by reason of providing, on a fee-for-services
basis, trustee, fiduciary or custodial services.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Limited Partner</I>&#148; means, unless the context otherwise requires, (a)&nbsp;the Organizational Limited
Partner prior to its withdrawal from the Partnership, each initial Limited Partner, each
Substituted Limited Partner, each Additional Limited Partner and any Departing Partner upon the
change of its status from General Partner to Limited Partner pursuant to Section&nbsp;11.3 or (b)&nbsp;solely
for purposes of Articles V, VI, VII and IX, each Assignee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Limited Partner Interest</I>&#148; means the ownership interest of a Limited Partner or Assignee in
the Partnership, which may be evidenced by Common Units or other Partnership Securities or
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">a
combination thereof or interest therein, and includes any and all benefits to which such Limited
Partner or Assignee is entitled as provided in this Agreement, together with all obligations of
such Limited Partner or Assignee to comply with the terms and provisions of this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Liquidation Date</I>&#148; means (a)&nbsp;in the case of an event giving rise to the dissolution of the
Partnership of the type described in clauses (a)&nbsp;and (b)&nbsp;of the first sentence of Section&nbsp;12.2, the
date on which the applicable time period during which the holders of Outstanding Units have the
right to elect to reconstitute the Partnership and continue its business has expired without such
an election being made, and (b)&nbsp;in the case of any other event giving rise to the dissolution of
the Partnership, the date on which such event occurs.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Liquidator</I>&#148; means one or more Persons selected by the General Partner to perform the
functions described in Section&nbsp;12.3 as liquidating trustee of the Partnership within the meaning of
the Delaware Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Merger Agreement</I>&#148; has the meaning assigned to such term in Section&nbsp;14.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>National Securities Exchange</I>&#148; means an exchange registered with the Commission under Section
6(a) of the Securities Exchange Act of 1934, as amended, supplemented or restated from time to
time, and any successor to such statute.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Net Agreed Value</I>&#148; means, (a)&nbsp;in the case of any Contributed Property, the Agreed Value of
such property reduced by any liabilities either assumed by the Partnership upon such contribution
or to which such property is subject when contributed, and (b)&nbsp;in the case of any property
distributed to a Partner or Assignee by the Partnership, the Partnership&#146;s Carrying Value of such
property (as adjusted pursuant to Section&nbsp;5.5(d)(ii)) at the time such property is distributed,
reduced by any indebtedness either assumed by such Partner or Assignee upon such distribution or to
which such property is subject at the time of distribution, in either case, as determined under
Section&nbsp;752 of the Code.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Net Income</I>&#148; means, for any taxable year, the excess, if any, of the Partnership&#146;s items of
income and gain for such taxable year over the Partnership&#146;s items of loss and deduction for such
taxable year. The items included in the calculation of Net Income shall be determined in accordance
with Section&nbsp;5.5(b) and shall not include any items specially allocated under Section&nbsp;6.1(c).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Net Loss</I>&#148; means, for any taxable year, the excess, if any, of the Partnership&#146;s items of loss
and deduction for such taxable year over the Partnership&#146;s items of income and gain for such
taxable year. The items included in the calculation of Net Loss shall be determined in accordance
with Section&nbsp;5.5(b) and shall not include any items specially allocated under Section&nbsp;6.1(c).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>New Gauley</I>&#148; means New Gauley Coal Corporation, a West Virginia corporation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Non-citizen Assignee</I>&#148; means a Person whom the General Partner has determined in its
discretion does not constitute an Eligible Citizen and as to whose Partnership Interest the General
Partner has become the Substituted Limited Partner, pursuant to Section&nbsp;4.8.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Nonrecourse Built-in Gain</I>&#148; means with respect to any Contributed Properties or Adjusted
Properties that are subject to a mortgage or pledge securing a Nonrecourse Liability, the amount of
any taxable gain that would be allocated to the Partners pursuant to Sections
6.2(b)(i)(A), 6.2(b)(ii)(A) and 6.2(b)(iii) if such properties were disposed of in a taxable
transaction in full satisfaction of such liabilities and for no other consideration.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Nonrecourse Deductions</I>&#148; means any and all items of loss, deduction or expenditure (including,
without limitation, any expenditure described in Section&nbsp;705(a)(2)(B) of the Code) that, in
accordance with the principles of Treasury Regulation&nbsp;Section&nbsp;1.704-2(b), are attributable to a
Nonrecourse Liability.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Nonrecourse Liability</I>&#148; has the meaning set forth in Treasury Regulation&nbsp;Section
1.752-1(a)(2).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Notice of Election to Purchase</I>&#148; has the meaning assigned to such term in Section&nbsp;15.1(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Notional General Partner Units</I>&#148; means notional units used solely to calculate the General
Partner&#146;s Percentage Interest. Notional General Partner Units shall not constitute &#147;Units&#148; for any
purpose of this Agreement. There shall initially be 2,163,833.3878 Notional General Partner Units
(resulting in the General Partner&#146;s Percentage Interest being 2% as of the date hereof). If the
General Partner makes additional Capital Contributions pursuant to Section&nbsp;5.2(b) to maintain its
Percentage Interest, the number of Notional General Partner Units shall be increased proportionally
to reflect the maintenance of such Percentage Interest.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>NRP Investment</I>&#148; means NRP Investment L.P., a Delaware limited partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Omnibus Agreement</I>&#148; means that Omnibus Agreement, dated as of the Closing Date, among Arch
Coal, Inc, Ark Land, Great Northern, New Gauley, Western Pocahontas, the General Partner, the
Partnership, the Operating Company and certain other parties.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Operating Company</I>&#148; means NRP (Operating) LLC, a Delaware limited liability company, and any
successors thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Operating Company Agreement</I>&#148; means the Amended and Restated Limited Liability Company
Agreement of the Operating Company, as it may be amended, supplemented or restated from time to
time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Opinion of Counsel</I>&#148; means a written opinion of counsel (who may be regular counsel to the
Partnership or the General Partner or any of its Affiliates) acceptable to the General Partner in
its reasonable discretion.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Organizational Limited Partner</I>&#148; means GP Natural Resource Partners LLC in its capacity as the
organizational limited partner of the Partnership pursuant to this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Outstanding</I>&#148; means, with respect to Partnership Securities, all Partnership Securities that
are issued by the Partnership and reflected as outstanding on the Partnership&#146;s books and
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">records
as of the date of determination; <I>provided</I>, <I>however</I>, that if at any time any Person or Group (other
than the General Partner or its Affiliates) beneficially owns 20% or more of any Outstanding
Partnership Securities of any class then Outstanding, all Partnership Securities owned by such
Person or Group shall not be voted on any matter and shall not be considered to
be Outstanding when sending notices of a meeting of Limited Partners to vote on any matter
(unless otherwise required by law), calculating required votes, determining the presence of a
quorum or for other similar purposes under this Agreement, except that Common Units so owned shall
be considered to be Outstanding for purposes of Section&nbsp;11.1(b)(iv) (such Common Units shall not,
however, be treated as a separate class of Partnership Securities for purposes of this Agreement);
provided, further, that the foregoing limitation shall not apply (i)&nbsp;to any Person or Group who
acquired 20% or more of any Outstanding Partnership Securities of any class then Outstanding
directly from the General Partner or its Affiliates, (ii)&nbsp;to any Person or Group who acquired 20%
or more of any Outstanding Partnership Securities of any class then Outstanding directly or
indirectly from a Person or Group described in clause (i)&nbsp;provided that the General Partner shall
have notified such Person or Group in writing that such limitation shall not apply, or (iii)&nbsp;to any
Person or Group who acquired 20% or more of any Partnership Securities issued by the Partnership
with the prior approval of the board of directors of the General Partner.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partner Nonrecourse Debt</I>&#148; has the meaning set forth in Treasury Regulation&nbsp;Section
1.704-2(b)(4).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partner Nonrecourse Debt Minimum Gain</I>&#148; has the meaning set forth in Treasury Regulation
Section&nbsp;1.704-2(i)(2).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partner Nonrecourse Deductions</I>&#148; means any and all items of loss, deduction or expenditure
(including, without limitation, any expenditure described in Section&nbsp;705(a)(2)(B) of the Code)
that, in accordance with the principles of Treasury Regulation&nbsp;Section&nbsp;1.704-2(i), are attributable
to a Partner Nonrecourse Debt.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partners</I>&#148; means the General Partner and the Limited Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partnership</I>&#148; means Natural Resource Partners L.P., a Delaware limited partnership, and any
successors thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partnership Group</I>&#148; means the Partnership, the Operating Company and any Subsidiary of any
such entity, treated as a single consolidated entity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partnership Interest</I>&#148; means an interest in the Partnership, which shall include the General
Partner Interest and Limited Partner Interests.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partnership Minimum Gain</I>&#148; means that amount determined in accordance with the principles of
Treasury Regulation&nbsp;Section&nbsp;1.704-2(d).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partnership Security</I>&#148; means any class or series of equity interest in the Partnership (but
excluding any options, rights, warrants and appreciation rights relating to an equity interest in
the Partnership), including without limitation, Common Units.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Per Unit Capital Amount</I>&#148; means, as of any date of determination, the Capital Account, stated
on a per Unit basis, underlying any Unit.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Percentage Interest</I>&#148; means as of any date of determination (a)&nbsp;as to the General Partner,
with respect to the General Partner Interest (calculated based upon a number of Notional General
Partner Units), and as to any Unitholder or Assignee with respect to Units, the product
obtained by multiplying (i)&nbsp;100% less the percentage applicable to clause (b)&nbsp;below by (ii)&nbsp;the
quotient obtained by dividing (A)&nbsp;the number of Notional General Partner Units deemed held by the
General Partner or the number of Units held by such Unitholder or Assignee, as the case may be, by
(B)&nbsp;the total number of Outstanding Units and Notional General Partner Units, and (b)&nbsp;as to the
holders of additional Partnership Securities issued by the Partnership in accordance with Section
5.6, the percentage established as a part of such issuance.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Person</I>&#148; means an individual or a corporation, limited liability company, partnership, joint
venture, trust, unincorporated organization, association, government agency or political
subdivision thereof or other entity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Pro Rata</I>&#148; means (a)&nbsp;when modifying Units or any class thereof, apportioned equally among all
designated Units in accordance with their relative Percentage Interests and (b)&nbsp;when modifying
Partners and Assignees, apportioned among all Partners and Assignees in accordance with their
relative Percentage Interests.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Purchase Date</I>&#148; means the date determined by the General Partner as the date for purchase of
all Outstanding Units of a certain class (other than Units owned by the General Partner and its
Affiliates) pursuant to Article&nbsp;XV.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Quarter</I>&#148; means, unless the context requires otherwise, a fiscal quarter or, with respect to
the first fiscal quarter after the Closing Date, the portion of such fiscal quarter after the
Closing Date, of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Recapture Income</I>&#148; means any gain recognized by the Partnership (computed without regard to
any adjustment required by Section&nbsp;734 or Section&nbsp;743 of the Code) upon the disposition of any
property or asset of the Partnership, which gain is characterized as ordinary income because it
represents the recapture of deductions previously taken with respect to such property or asset.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Record Date</I>&#148; means the date established by the General Partner for determining (a)&nbsp;the
identity of the Record Holders entitled to notice of, or to vote at, any meeting of Limited
Partners or entitled to vote by ballot or give approval of Partnership action in writing without a
meeting or entitled to exercise rights in respect of any lawful action of Limited Partners or (b)
the identity of Record Holders entitled to receive any report or distribution or to participate in
any offer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Record Holder</I>&#148; means the Person in whose name a Common Unit is registered on the books of the
Transfer Agent as of the opening of business on a particular Business Day, or with respect to other
Partnership Securities, the Person in whose name any such other Partnership Security is registered
on the books which the General Partner has caused to be kept as of the opening of business on such
Business Day.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Redeemable Interests</I>&#148; means any Partnership Interests for which a redemption notice has been
given, and has not been withdrawn, pursuant to Section&nbsp;4.9.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Registration Statement</I>&#148; means the Registration Statement on Form S-1 (Registration No.
333-86852) as it has been amended or supplemented from time to time, filed by the Partnership with
the Commission under the Securities Act to register the offering and sale of the Common Units in
the Initial Offering.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Required Allocations</I>&#148; means any allocation of an item of income, gain, loss or deduction
pursuant to Section&nbsp;6.1(c)(i), 6.1(c)(ii), 6.1(c)(iv), 6.1(c)(v), 6.1(c)(vi), 6.1(c)(vii) or
6.1(c)(ix).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Residual Gain&#148; or &#147;Residual Loss</I>&#148; means any item of gain or loss, as the case may be, of the
Partnership recognized for federal income tax purposes resulting from a sale, exchange or other
disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss
is not allocated pursuant to Section&nbsp;6.2(b)(i)(A) or 6.2(b)(ii)(A), respectively, to eliminate
Book-Tax Disparities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Restricted Business</I>&#148; has the meaning assigned to such term in the Omnibus Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Restricted Business Contribution Agreement</I>&#148; means that Restricted Business Contribution
Agreement, dated as of April&nbsp;18, 2007, by and among Cline, Foresight, Adena, the Partnership, the
General Partner, the Organizational Limited Partner and the Operating Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Second Closing</I>&#148; means the date of the closing of the transactions contemplated by the Second
Contribution Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Second Contribution Agreement</I>&#148; means that certain Second Contribution Agreement, dated as of
April&nbsp;18, 2007, by and among Foresight, Adena, the Partnership, the General Partner and the
Operating Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Securities Act</I>&#148; means the Securities Act of 1933, as amended, supplemented or restated from
time to time and any successor to such statute.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Special Approval</I>&#148; means approval by a majority of the members of the Conflicts Committee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Subsidiary</I>&#148; means, with respect to any Person, (a)&nbsp;a corporation of which more than 50% of
the voting power of shares entitled (without regard to the occurrence of any contingency) to vote
in the election of directors or other governing body of such corporation is owned, directly or
indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such
Person or a combination thereof, (b)&nbsp;a partnership (whether general or limited) in which such
Person or a Subsidiary of such Person is, at the date of determination, a general or limited
partner of such partnership, but only if more than 50% of the partnership interests of such
partnership (considering all of the partnership interests of the partnership as a single class) is
owned, directly or indirectly, at the date of determination, by such Person, by one or more
Subsidiaries of such
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Person, or a combination thereof, or (c)&nbsp;any other Person (other than a
corporation or a partnership) in which such Person, one or more Subsidiaries of such Person, or a
combination thereof, directly or indirectly, at the date of determination, has (i)&nbsp;at least a
majority ownership
interest or (ii)&nbsp;the power to elect or direct the election of a majority of the directors or
other governing body of such Person.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Substituted Limited Partner</I>&#148; means a Person who is admitted as a Limited Partner to the
Partnership pursuant to Section&nbsp;10.1 in place of and with all the rights of a Limited Partner and
who is shown as a Limited Partner on the books and records of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Surviving Business Entity</I>&#148; has the meaning assigned to such term in Section&nbsp;14.2(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Trading Day</I>&#148; has the meaning assigned to such term in Section&nbsp;15.1(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Transfer</I>&#148; has the meaning assigned to such term in Section&nbsp;4.4(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Transfer Agent</I>&#148; means such bank, trust company or other Person (including the General Partner
or one of its Affiliates) as shall be appointed from time to time by the Partnership to act as
registrar and transfer agent for the Common Units; <I>provided, however</I>, that if no Transfer Agent is
specifically designated for any other Partnership Securities, the General Partner shall act in such
capacity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Transfer Application</I>&#148; means an application and agreement for transfer of Units in the form
set forth on the back of a Certificate or in a form substantially to the same effect in a separate
instrument.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Underwriter</I>&#148; means each Person named as an underwriter in Schedule&nbsp;I to the Underwriting
Agreement who purchases Common Units pursuant thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Underwriting Agreement</I>&#148; means the Underwriting Agreement dated October&nbsp;10, 2002 among the
Underwriters, the Partnership, the General Partner, the Operating Company, Western Pocahontas,
Great Northern, New Gauley, Ark Land, Arch Coal, Inc., and certain other parties providing for the
purchase of Common Units by the Underwriters.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Unit</I>&#148; means a Partnership Security that is designated as a &#147;Unit&#148; and shall include Common
Units but shall not include the General Partner Interest.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Unit Majority</I>&#148; means at least a majority of the Outstanding Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Unitholders</I>&#148; means the holders of Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Unrealized Gain</I>&#148; attributable to any item of Partnership property means, as of any date of
determination, the excess, if any, of (a)&nbsp;the fair market value of such property as of such date
(as determined under Section&nbsp;5.5(d)) over (b)&nbsp;the Carrying Value of such property as of such date
(prior to any adjustment to be made pursuant to Section&nbsp;5.5(d) as of such date).
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Unrealized Loss</I>&#148; attributable to any item of Partnership property means, as of any date of
determination, the excess, if any, of (a)&nbsp;the Carrying Value of such property as of such date
(prior to any adjustment to be made pursuant to Section&nbsp;5.5(d) as of such date) over (b)&nbsp;the fair
market value of such property as of such date (as determined under Section&nbsp;5.5(d)).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>U</I>.<I>S</I>. <I>GAAP</I>&#148; means United States Generally Accepted Accounting Principles consistently applied.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Western Pocahontas</I>&#148; means Western Pocahontas Properties Limited Partnership, a Delaware
limited partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Withdrawal Opinion of Counsel</I>&#148; has the meaning assigned to such term in Section&nbsp;11.1(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;1.2 <I>Construction</I>. Unless the context requires otherwise: (a)&nbsp;any pronoun used in this
Agreement shall include the corresponding masculine, feminine or neuter forms, and the singular
form of nouns, pronouns and verbs shall include the plural and vice versa; (b)&nbsp;references to
Articles and Sections refer to Articles and Sections of this Agreement; and (c)&nbsp;the term &#147;include&#148;
or &#147;includes&#148; means includes, without limitation, and &#147;including&#148; means including, without
limitation.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><b>ARTICLE II</b>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><b>ORGANIZATION</b>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.1 <I>Formation</I>. The General Partner and the Organizational Limited Partner have
previously formed the Partnership as a limited partnership pursuant to the provisions of the
Delaware Act and hereby amend and restate the Restated Partnership Agreement in its entirety. This
amendment and restatement shall become effective on the date of this Agreement. Except as expressly
provided to the contrary in this Agreement, the rights, duties (including fiduciary duties),
liabilities and obligations of the Partners and the administration, dissolution and termination of
the Partnership shall be governed by the Delaware Act. All Partnership Interests shall constitute
personal property of the owner thereof for all purposes and a Partner has no interest in specific
Partnership property.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.2 <I>Name</I>. The name of the Partnership shall be &#147;Natural Resource Partners L.P.&#148; The
Partnership&#146;s business may be conducted under any other name or names deemed necessary or
appropriate by the General Partner in its sole discretion, including the name of the General
Partner. The words &#147;Limited Partnership,&#148; &#147;L.P.,&#148; &#147;Ltd.&#148; or similar words or letters shall be
included in the Partnership&#146;s name where necessary for the purpose of complying with the laws of
any jurisdiction that so requires. The General Partner in its discretion may change the name of the
Partnership at any time and from time to time and shall notify the Limited Partners of such change
in the next regular communication to the Limited Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.3 <I>Registered Office; Registered Agent; Principal Office; Other Offices</I>. Unless and
until changed by the General Partner, the registered office of the Partnership in the State of
Delaware shall be located at 1209 Orange Street, Wilmington, Delaware 19801, and the
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">registered
agent for service of process on the Partnership in the State of Delaware at such registered office
shall be The Corporation Trust Company. The principal office of the Partnership shall be located at
601 Jefferson Street, Suite&nbsp;3600, Houston, Texas 77002 or such other place as the General Partner
may from time to time designate by notice to the Limited Partners. The Partnership may maintain
offices at such other place or places within or outside the
State of Delaware as the General Partner deems necessary or appropriate. The address of the
General Partner shall be 601 Jefferson Street, Suite&nbsp;3600, Houston, Texas 77002 or such other
place as the General Partner may from time to time designate by notice to the Limited Partners.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.4 <I>Purpose and Business</I>. The purpose and nature of the business to be conducted by
the Partnership shall be to (a)&nbsp;serve as a member of the Operating Company and, in connection
therewith, to exercise all the rights and powers conferred upon the Partnership as a member of the
Operating Company pursuant to the Operating Company Agreement or otherwise, (b)&nbsp;engage directly in,
or enter into or form any corporation, partnership, joint venture, limited liability company or
other arrangement to engage indirectly in, any business activity that the Operating Company is
permitted to engage in by the Operating Company Agreement or that its subsidiaries are permitted to
engage in by their limited liability company or partnership agreements and, in connection
therewith, to exercise all of the rights and powers conferred upon the Partnership pursuant to the
agreements relating to such business activity, (c)&nbsp;engage directly in, or enter into or form any
corporation, partnership, joint venture, limited liability company or other arrangement to engage
indirectly in, any business activity that is approved by the General Partner and which lawfully may
be conducted by a limited partnership organized pursuant to the Delaware Act and, in connection
therewith, to exercise all of the rights and powers conferred upon the Partnership pursuant to the
agreements relating to such business activity; and (d)&nbsp;do anything necessary or appropriate to the
foregoing, including the making of capital contributions or loans to a Group Member; <I>provided</I>,
<I>however</I>, that the General partner shall not cause the Partnership to engage, directly or
indirectly, in any business activity that the General Partner reasonably determines would cause the
Partnership to be treated as an association taxable as a corporation or otherwise taxable as an
entity for federal income tax purposes. The General Partner has no obligation or duty to the
Partnership, the Limited Partners or the Assignees to propose or approve, and in its discretion may
decline to propose or approve, the conduct by the Partnership of any business.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.5 <I>Powers</I>. The Partnership shall be empowered to do any and all acts and things
necessary, appropriate, proper, advisable, incidental to or convenient for the furtherance and
accomplishment of the purposes and business described in Section&nbsp;2.4 and for the protection and
benefit of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.6 <I>Power of Attorney</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Each Limited Partner and each Assignee hereby constitutes and appoints the General Partner
and, if a Liquidator shall have been selected pursuant to Section&nbsp;12.3, the Liquidator (and any
successor to the Liquidator by merger, transfer, assignment, election or otherwise) and each of
their authorized officers and attorneys-in-fact, as the case may be, with full power of
substitution, as his true and lawful agent and attorney-in-fact, with full power and authority in
his name, place and stead, to:
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) execute, swear to, acknowledge, deliver, file and record in the appropriate public
offices (A)&nbsp;all certificates, documents and other instruments (including this Agreement and
the Certificate of Limited Partnership and all amendments or restatements hereof or thereof)
that the General Partner or the Liquidator deems necessary or appropriate to form, qualify
or continue the existence or qualification of the Partnership
as a limited partnership (or a partnership in which the limited partners have limited
liability) in the State of Delaware and in all other jurisdictions in which the Partnership
may conduct business or own property; (B)&nbsp;all certificates, documents and other instruments
that the General Partner or the Liquidator deems necessary or appropriate to reflect, in
accordance with its terms, any amendment, change, modification or restatement of this
Agreement; (C)&nbsp;all certificates, documents and other instruments (including conveyances and
a certificate of cancellation) that the General Partner or the Liquidator deems necessary or
appropriate to reflect the dissolution and liquidation of the Partnership pursuant to the
terms of this Agreement; (D)&nbsp;all certificates, documents and other instruments relating to
the admission, withdrawal, removal or substitution of any Partner pursuant to, or other
events described in, Article&nbsp;IV, X, XI or XII; (E)&nbsp;all certificates, documents and other
instruments relating to the determination of the rights, preferences and privileges of any
class or series of Partnership Securities issued pursuant to Section&nbsp;5.6; and (F)&nbsp;all
certificates, documents and other instruments (including agreements and a certificate of
merger) relating to a merger or consolidation of the Partnership pursuant to Article&nbsp;XIV;
and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) execute, swear to, acknowledge, deliver, file and record all ballots, consents,
approvals, waivers, certificates, documents and other instruments necessary or appropriate,
in the discretion of the General Partner or the Liquidator, to make, evidence, give, confirm
or ratify any vote, consent, approval, agreement or other action that is made or given by
the Partners hereunder or is consistent with the terms of this Agreement or is necessary or
appropriate, in the discretion of the General Partner or the Liquidator, to effectuate the
terms or intent of this Agreement; provided, that when required by Section&nbsp;13.3 or any other
provision of this Agreement that establishes a percentage of the Limited Partners or of the
Limited Partners of any class or series required to take any action, the General Partner and
the Liquidator may exercise the power of attorney made in this Section&nbsp;2.6(a)(ii) only after
the necessary vote, consent or approval of the Limited Partners or of the Limited Partners
of such class or series, as applicable.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Nothing contained in this Section&nbsp;2.6(a) shall be construed as authorizing the General Partner to
amend this Agreement except in accordance with Article&nbsp;XIII or as may be otherwise expressly
provided for in this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The foregoing power of attorney is hereby declared to be irrevocable and a power coupled
with an interest, and it shall survive and, to the maximum extent permitted by law, not be affected
by the subsequent death, incompetency, disability, incapacity, dissolution, bankruptcy or
termination of any Limited Partner or Assignee and the transfer of all or any portion of such
Limited Partner&#146;s or Assignee&#146;s Partnership Interest and shall extend to such Limited Partner&#146;s or
Assignee&#146;s heirs, successors, assigns and personal representatives. Each such Limited Partner or
Assignee hereby agrees to be bound by any representation made by the
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">General Partner or the
Liquidator acting in good faith pursuant to such power of attorney; and each such Limited Partner
or Assignee, to the maximum extent permitted by law, hereby waives any and all defenses that may be
available to contest, negate or disaffirm the action of the General Partner or the Liquidator taken
in good faith under such power of attorney. Each Limited Partner or Assignee shall execute and
deliver to the General Partner or the Liquidator, within 15&nbsp;days after receipt of the request
therefor, such further designation, powers of attorney and other
instruments as the General Partner or the Liquidator deems necessary to effectuate this
Agreement and the purposes of the Partnership.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.7 <I>Term</I>. The term of the Partnership commenced upon the filing of the Certificate of
Limited Partnership in accordance with the Delaware Act and shall continue in existence until the
dissolution of the Partnership in accordance with the provisions of Article&nbsp;XII. The existence of
the Partnership as a separate legal entity shall continue until the cancellation of the Certificate
of Limited Partnership as provided in the Delaware Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.8 <I>Title to Partnership Assets</I>. Title to Partnership assets, whether real, personal
or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an
entity, and no Partner or Assignee, individually or collectively, shall have any ownership interest
in such Partnership assets or any portion thereof. Title to any or all of the Partnership assets
may be held in the name of the Partnership, the General Partner, one or more of its Affiliates or
one or more nominees, as the General Partner may determine. The General Partner hereby declares and
warrants that any Partnership assets for which record title is held in the name of the General
Partner or one or more of its Affiliates or one or more nominees shall be held by the General
Partner or such Affiliate or nominee for the use and benefit of the Partnership in accordance with
the provisions of this Agreement; <I>provided</I>, <I>however</I>, that the General Partner shall use reasonable
efforts to cause record title to such assets (other than those assets in respect of which the
General Partner determines that the expense and difficulty of conveyancing makes transfer of record
title to the Partnership impracticable) to be vested in the Partnership as soon as reasonably
practicable; provided, further, that, prior to the withdrawal or removal of the General Partner or
as soon thereafter as practicable, the General Partner shall use reasonable efforts to effect the
transfer of record title to the Partnership and, prior to any such transfer, will provide for the
use of such assets in a manner satisfactory to the General Partner. All Partnership assets shall be
recorded as the property of the Partnership in its books and records, irrespective of the name in
which record title to such Partnership assets is held.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><b>ARTICLE III</b>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><b>RIGHTS OF LIMITED PARTNERS</b>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;3.1 <I>Limitation of Liability</I>. The Limited Partners and the Assignees shall have no
liability under this Agreement except as expressly provided in this Agreement or the Delaware Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;3.2 <I>Management of Business</I>. No Limited Partner or Assignee, in its capacity as such,
shall participate in the operation, management or control (within the meaning of the Delaware Act)
of the Partnership&#146;s business, transact any business in the Partnership&#146;s name or
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">have the power to
sign documents for or otherwise bind the Partnership. Any action taken by any Affiliate of the
General Partner or any officer, director, employee, manager, member, general partner, agent or
trustee of the General Partner or any of its Affiliates, or any officer, director, employee,
manager, member, general partner, agent or trustee of a Group Member, in its capacity as such,
shall not be deemed to be participation in the control of the business of the Partnership by a
limited partner of the Partnership (within the meaning of Section&nbsp;17-303(a) of
the Delaware Act) and shall not affect, impair or eliminate the limitations on the liability
of the Limited Partners or Assignees under this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;3.3 <I>Outside Activities of the Limited Partners</I>. Subject to the provisions of Section
7.5, the Omnibus Agreement and the Restricted Business Contribution Agreement, which shall continue
to be applicable to the Persons referred to therein, regardless of whether such Persons shall also
be Limited Partners or Assignees, any Limited Partner or Assignee shall be entitled to and may have
business interests and engage in business activities in addition to those relating to the
Partnership, including business interests and activities in direct competition with the Partnership
Group. Neither the Partnership nor any of the other Partners or Assignees shall have any rights by
virtue of this Agreement in any business ventures of any Limited Partner or Assignee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;3.4 <I>Rights of Limited Partners</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;In addition to other rights provided by this Agreement or by applicable law, and except as
limited by Section&nbsp;3.4(b), each Limited Partner shall have the right, for a purpose reasonably
related to such Limited Partner&#146;s interest as a limited partner in the Partnership, upon reasonable
written demand and at such Limited Partner&#146;s own expense:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) to obtain true and full information regarding the status of the business and
financial condition of the Partnership;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) promptly after becoming available, to obtain a copy of the Partnership&#146;s federal,
state and local income tax returns for each year;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) to have furnished to him a current list of the name and last known business,
residence or mailing address of each Partner;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) to have furnished to him a copy of this Agreement and the Certificate of Limited
Partnership and all amendments thereto, together with a copy of the executed copies of all
powers of attorney pursuant to which this Agreement, the Certificate of Limited Partnership
and all amendments thereto have been executed;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) to obtain true and full information regarding the amount of cash and a description
and statement of the Net Agreed Value of any other Capital Contribution by each Partner and
which each Partner has agreed to contribute in the future, and the date on which each became
a Partner; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) to obtain such other information regarding the affairs of the Partnership as is
just and reasonable.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The General Partner may keep confidential from the Limited Partners and Assignees, for
such period of time as the General Partner deems reasonable, (i)&nbsp;any information that the General
Partner reasonably believes to be in the nature of trade secrets or (ii)&nbsp;other information the
disclosure of which the General Partner in good faith believes (A)&nbsp;is not in the best interests of
the Partnership Group, (B)&nbsp;could damage the Partnership Group or (C)&nbsp;that any Group Member is
required by law or by agreement with any third party to keep confidential
(other than agreements with Affiliates of the Partnership the primary purpose of which is to
circumvent the obligations set forth in this Section&nbsp;3.4).
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><b>ARTICLE IV</b>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><b>CERTIFICATES; RECORD HOLDERS; TRANSFER OF PARTNERSHIP INTERESTS;<BR>
REDEMPTION OF PARTNERSHIP INTERESTS</b>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.1 <I>Certificates</I>. Upon the Partnership&#146;s issuance of Common Units to any Person, the
Partnership shall issue one or more Certificates in the name of such Person evidencing the number
of such Units being so issued. In addition, (a)&nbsp;upon the General Partner&#146;s request, the Partnership
shall issue to it one or more Certificates in the name of the General Partner evidencing its
interests in the Partnership and (b)&nbsp;upon the request of any Person owning any other Partnership
Securities, the Partnership shall issue to such Person one or more certificates evidencing such
other Partnership Securities. Certificates shall be executed on behalf of the Partnership by the
Chairman of the Board, President or any Vice President and the Secretary or any Assistant Secretary
of the General Partner. No Common Unit Certificate shall be valid for any purpose until it has been
countersigned by the Transfer Agent; <I>provided</I>, <I>however</I>, that if the General Partner elects to issue
Common Units in global form, the Common Unit Certificates shall be valid upon receipt of a
certificate from the Transfer Agent certifying that the Common Units have been duly registered in
accordance with the directions of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.2 <I>Mutilated, Destroyed, Lost or Stolen Certificates</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;If any mutilated Certificate is surrendered to the Transfer Agent, the appropriate
officers of the General Partner on behalf of the Partnership shall execute, and the Transfer Agent
shall countersign and deliver in exchange therefor, a new Certificate evidencing the same number
and type of Partnership Securities as the Certificate so surrendered.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The appropriate officers of the General Partner on behalf of the Partnership shall execute
and deliver, and the Transfer Agent shall countersign a new Certificate in place of any Certificate
previously issued if the Record Holder of the Certificate:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) makes proof by affidavit, in form and substance satisfactory to the General
Partner, that a previously issued Certificate has been lost, destroyed or stolen;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) requests the issuance of a new Certificate before the General Partner has notice
that the Certificate has been acquired by a purchaser for value in good faith and without
notice of an adverse claim;
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) if requested by the Partnership, delivers to the General Partner a bond, in form
and substance satisfactory to the General Partner, with surety or sureties and with fixed or
open penalty as the Partnership may reasonably direct, in its sole discretion, to indemnify
the General Partner, the Partnership, the Partners, the General Partner and the Transfer
Agent against any claim that may be made on account of the alleged loss, destruction or
theft of the Certificate; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) satisfies any other reasonable requirements imposed by the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If a Limited Partner or Assignee fails to notify the General Partner within a reasonable time
after he has notice of the loss, destruction or theft of a Certificate, and a transfer of the
Limited Partner Interests represented by the Certificate is registered before the Partnership, the
General Partner or the Transfer Agent receives such notification, the Limited Partner or Assignee
shall be precluded from making any claim against the Partnership, the General Partner or the
Transfer Agent for such transfer or for a new Certificate.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;As a condition to the issuance of any new Certificate under this Section&nbsp;4.2, the General
Partner may require the payment of a sum sufficient to cover any tax or other governmental charge
that may be imposed in relation thereto and any other expenses (including the fees and expenses of
the Transfer Agent) reasonably connected therewith.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.3 <I>Record Holders</I>. The Partnership shall be entitled to recognize the Record Holder
as the Partner or Assignee with respect to any Partnership Interest and, accordingly, shall not be
bound to recognize any equitable or other claim to or interest in such Partnership Interest on the
part of any other Person, regardless of whether the Partnership shall have actual or other notice
thereof, except as otherwise provided by law or any applicable rule, regulation, guideline or
requirement of any National Securities Exchange on which such Partnership Interests are listed for
trading. Without limiting the foregoing, when a Person (such as a broker, dealer, bank, trust
company or clearing corporation or an agent of any of the foregoing) is acting as nominee, agent or
in some other representative capacity for another Person in acquiring and/or holding Partnership
Interests, as between the Partnership on the one hand, and such other Persons on the other, such
representative Person (a)&nbsp;shall be the Partner or Assignee (as the case may be) of record and
beneficially, (b)&nbsp;must execute and deliver a Transfer Application and (c)&nbsp;shall be bound by this
Agreement and shall have the rights and obligations of a Partner or Assignee (as the case may be)
hereunder and as, and to the extent, provided for herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.4 <I>Transfer Generally</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The term &#147;transfer,&#148; when used in this Agreement with respect to a Partnership Interest,
shall be deemed to refer to a transaction by which the General Partner assigns its General Partner
Interest to another Person who becomes a General Partner or by which the holder of a Limited
Partner Interest assigns such Limited Partner Interest to another Person who is or becomes a
Limited Partner or an Assignee, and includes a sale, assignment, gift, pledge, encumbrance,
hypothecation, mortgage, exchange or any other disposition by law or otherwise.
</DIV>


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</DIV>



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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;No Partnership Interest shall be transferred, in whole or in part, except in
accordance with the terms and conditions set forth in this Article&nbsp;IV. Any transfer or purported
transfer of a Partnership Interest not made in accordance with this Article&nbsp;IV shall be null and
void.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Nothing contained in this Agreement shall be construed to prevent a disposition by any
member of the General Partner of any or all of the membership interests of the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.5 <I>Registration and Transfer of Limited Partner Interests</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The General Partner shall keep or cause to be kept on behalf of the Partnership a register
in which, subject to such reasonable regulations as it may prescribe and subject to the provisions
of Section&nbsp;4.5(b), the Partnership will provide for the registration and transfer of Limited
Partner Interests. The Transfer Agent is hereby appointed registrar and transfer agent for the
purpose of registering Common Units and transfers of such Common Units as herein provided. The
Partnership shall not recognize transfers of Certificates evidencing Limited Partner Interests
unless such transfers are effected in the manner described in this Section&nbsp;4.5. Upon surrender of a
Certificate for registration of transfer of any Limited Partner Interests evidenced by a
Certificate, and subject to the provisions of Section&nbsp;4.5(b), the appropriate officers of the
General Partner on behalf of the Partnership shall execute and deliver, and in the case of Common
Units, the Transfer Agent shall countersign and deliver, in the name of the holder or the
designated transferee or transferees, as required pursuant to the holder&#146;s instructions, one or
more new Certificates evidencing the same aggregate number and type of Limited Partner Interests as
was evidenced by the Certificate so surrendered.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Except as otherwise provided in Section&nbsp;4.8, the General Partner shall not recognize any
transfer of Limited Partner Interests until the Certificates evidencing such Limited Partner
Interests are surrendered for registration of transfer and such Certificates are accompanied by a
Transfer Application duly executed by the transferee (or the transferee&#146;s attorney-in-fact duly
authorized in writing). No charge shall be imposed by the General Partner for such transfer;
provided, that as a condition to the issuance of any new Certificate under this Section&nbsp;4.5, the
General Partner may require the payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed with respect thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Limited Partner Interests may be transferred only in the manner described in this Section
4.5. The transfer of any Limited Partner Interests and the admission of any new Limited Partner
shall not constitute an amendment to this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Until admitted as a Substituted Limited Partner pursuant to Section&nbsp;10.1, the Record
Holder of a Limited Partner Interest shall be an Assignee in respect of such Limited Partner
Interest. Limited Partners may include custodians, nominees or any other individual or entity in
its own or any representative capacity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;A transferee of a Limited Partner Interest who has completed and delivered a Transfer
Application shall be deemed to have (i)&nbsp;requested admission as a Substituted Limited Partner, (ii)
agreed to comply with and be bound by and to have executed this Agreement, (iii)
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">represented and warranted that such transferee has the right, power and authority and, if an
individual, the capacity to enter into this Agreement, (iv)&nbsp;granted the powers of attorney set
forth in this Agreement and (v)&nbsp;given the consents and approvals and made the waivers contained in
this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;The General Partner and its Affiliates shall have the right at any time to transfer their
Common Units to one or more Persons.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.6 <I>Transfer of the General Partner&#146;s General Partner Interest</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Subject to Section&nbsp;4.6(c) below, prior to September&nbsp;30, 2012, the General Partner shall
not transfer all or any part of its General Partner Interest to a Person unless such transfer (i)
has been approved by the prior written consent or vote of the holders of at least a majority of the
Outstanding Common Units (excluding Common Units held by the General Partner and its Affiliates) or
(ii)&nbsp;is of all, but not less than all, of its General Partner Interest to (A)&nbsp;an Affiliate of the
General Partner (other than an individual) or (B)&nbsp;another Person (other than an individual) in
connection with the merger or consolidation of the General Partner with or into another Person
(other than an individual) or the transfer by the General Partner of all or substantially all of
its assets to another Person (other than an individual).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Subject to Section&nbsp;4.6(c) below, on or after September&nbsp;30, 2012, the General Partner may
transfer all or any of its General Partner Interest without Unitholder approval.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Notwithstanding anything herein to the contrary, no transfer by the General Partner of all
or any part of its General Partner Interest to another Person shall be permitted unless (i)&nbsp;the
transferee agrees to assume the rights and duties of the General Partner under this Agreement and
to be bound by the provisions of this Agreement, (ii)&nbsp;the Partnership receives an Opinion of
Counsel that such transfer would not result in the loss of limited liability of any Limited Partner
or of any member of the Operating Company or cause the Partnership or the Operating Company to be
treated as an association taxable as a corporation or otherwise to be taxed as an entity for
federal income tax purposes (to the extent not already so treated or taxed) and (iii)&nbsp;such
transferee also agrees to purchase all (or the appropriate portion thereof, if applicable) of the
partnership or membership interest of the General Partner as the general partner or managing
member, if any, of each other Group Member. In the case of a transfer pursuant to and in
compliance with this Section&nbsp;4.6, the transferee or successor (as the case may be) shall, subject
to compliance with the terms of Section&nbsp;10.2, be admitted to the Partnership as the General Partner
immediately prior to the transfer of the Partnership Interest, and the business of the Partnership
shall continue without dissolution.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.7 <I>Restrictions on Transfers</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Except as provided in Section&nbsp;4.7(c) below, but notwithstanding the other provisions of
this Article&nbsp;IV, no transfer of any Partnership Interests shall be made if such transfer would (i)
violate the then applicable federal or state securities laws or rules and regulations of the
Commission, any state securities commission or any other governmental authority with jurisdiction
over such transfer, (ii)&nbsp;terminate the existence or qualification of the Partnership or the
Operating Company under the laws of the jurisdiction of its formation, or (iii)
</DIV>

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</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">cause the Partnership or the Operating Company to be treated as an association taxable as a
corporation or otherwise to be taxed as an entity for federal income tax purposes (to the extent
not already so treated or taxed).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The General Partner may impose restrictions on the transfer of Partnership Interests if a
subsequent Opinion of Counsel determines that such restrictions are necessary to avoid a
significant risk of any Group Member becoming taxable as a corporation or otherwise to be taxed as
an entity for federal income tax purposes. The restrictions may be imposed by making such
amendments to this Agreement as the General Partner may determine to be necessary or appropriate to
impose such restrictions; <I>provided</I>, <I>however</I>, that any amendment that the General Partner believes,
in the exercise of its reasonable discretion, could result in the delisting or suspension of
trading of any class of Limited Partner Interests on the principal National Securities Exchange on
which such class of Limited Partner Interests is then traded must be approved, prior to such
amendment being effected, by the holders of at least a majority of the Outstanding Limited Partner
Interests of such class.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Nothing contained in this Article&nbsp;IV, or elsewhere in this Agreement, shall preclude the
settlement of any transactions involving Partnership Interests entered into through the facilities
of any National Securities Exchange on which such Partnership Interests are listed for trading.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.8 <I>Citizenship Certificates; Non-citizen Assignees</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;If any Group Member is or becomes subject to any federal, state or local law or regulation
that, in the reasonable determination of the General Partner, creates a substantial risk of
cancellation or forfeiture of any property in which the Group Member has an interest based on the
nationality, citizenship or other related status of a Limited Partner or Assignee, the General
Partner may request any Limited Partner or Assignee to furnish to the General Partner, within 30
days after receipt of such request, an executed Citizenship Certification or such other information
concerning his nationality, citizenship or other related status (or, if the Limited Partner or
Assignee is a nominee holding for the account of another Person, the nationality, citizenship or
other related status of such Person) as the General Partner may request. If a Limited Partner or
Assignee fails to furnish to the General Partner within the aforementioned 30-day period such
Citizenship Certification or other requested information or if upon receipt of such Citizenship
Certification or other requested information the General Partner determines, with the advice of
counsel, that a Limited Partner or Assignee is not an Eligible Citizen, the Partnership Interests
owned by such Limited Partner or Assignee shall be subject to redemption in accordance with the
provisions of Section&nbsp;4.9. In addition, the General Partner may require that the status of any
such Partner or Assignee be changed to that of a Non-citizen Assignee and, thereupon, the General
Partner shall be substituted for such Non-citizen Assignee as the Limited Partner in respect of his
Limited Partner Interests.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The General Partner shall, in exercising voting rights in respect of Limited Partner
Interests held by it on behalf of Non-citizen Assignees, distribute the votes in the same ratios as
the votes of Partners (including without limitation the General Partner) in respect of Limited
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Partner Interests other than those of Non-citizen Assignees are cast, either for, against or
abstaining as to the matter.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Upon dissolution of the Partnership, a Non-citizen Assignee shall have no right to receive
a distribution in kind pursuant to Section&nbsp;12.4 but shall be entitled to the cash equivalent
thereof, and the Partnership shall provide cash in exchange for an assignment of the Non-citizen
Assignee&#146;s share of the distribution in kind. Such payment and assignment shall be treated for
Partnership purposes as a purchase by the Partnership from the Non-citizen Assignee of his Limited
Partner Interest (representing his right to receive his share of such distribution in kind).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;At any time after he can and does certify that he has become an Eligible Citizen, a
Non-citizen Assignee may, upon application to the General Partner, request admission as a
Substituted Limited Partner with respect to any Limited Partner Interests of such Non-citizen
Assignee not redeemed pursuant to Section&nbsp;4.9, and upon his admission pursuant to Section&nbsp;10.1, the
General Partner shall cease to be deemed to be the Limited Partner in respect of the Non-citizen
Assignee&#146;s Limited Partner Interests.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.9 <I>Redemption of Partnership Interests of Non-citizen Assignees</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;If at any time a Limited Partner or Assignee fails to furnish a Citizenship Certification
or other information requested within the 30-day period specified in Section&nbsp;4.8(a), or if upon
receipt of such Citizenship Certification or other information the General Partner determines, with
the advice of counsel, that a Limited Partner or Assignee is not an Eligible Citizen, the
Partnership may, unless the Limited Partner or Assignee establishes to the satisfaction of the
General Partner that such Limited Partner or Assignee is an Eligible Citizen or has transferred his
Partnership Interests to a Person who is an Eligible Citizen and who furnishes a Citizenship
Certification to the General Partner prior to the date fixed for redemption as provided below,
redeem the Partnership Interest of such Limited Partner or Assignee as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The General Partner shall, not later than the 30th day before the date fixed for
redemption, give notice of redemption to the Limited Partner or Assignee, at his last
address designated on the records of the Partnership or the Transfer Agent, by registered or
certified mail, postage prepaid. The notice shall be deemed to have been given when so
mailed. The notice shall specify the Redeemable Interests, the date fixed for redemption,
the place of payment, that payment of the redemption price will be made upon surrender of
the Certificate evidencing the Redeemable Interests and that on and after the date fixed for
redemption no further allocations or distributions to which the Limited Partner or Assignee
would otherwise be entitled in respect of the Redeemable Interests will accrue or be made.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The aggregate redemption price for Redeemable Interests shall be an amount equal
to the Current Market Price (the date of determination of which shall be the date fixed for
redemption) of Limited Partner Interests of the class to be so redeemed multiplied by the
number of Limited Partner Interests of each such class included among the Redeemable
Interests. The redemption price shall be paid, in the discretion of the General Partner, in
cash or by delivery of a promissory note of the Partnership in the principal amount of the
redemption price, bearing interest at the rate of 10% annually and
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">payable in three equal
annual installments of principal together with accrued interest, commencing one year after
the redemption date.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Upon surrender by or on behalf of the Limited Partner or Assignee, at the place
specified in the notice of redemption, of the Certificate evidencing the Redeemable
Interests, duly endorsed in blank or accompanied by an assignment duly executed in blank,
the Limited Partner or Assignee or his duly authorized representative shall be entitled to
receive the payment therefor.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) After the redemption date, Redeemable Interests shall no longer constitute issued
and Outstanding Limited Partner Interests.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The provisions of this Section&nbsp;4.9 shall also be applicable to Limited Partner Interests
held by a Limited Partner or Assignee as nominee of a Person determined to be other than an
Eligible Citizen.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Nothing in this Section&nbsp;4.9 shall prevent the recipient of a notice of redemption from
transferring his Limited Partner Interest before the redemption date if such transfer is otherwise
permitted under this Agreement. Upon receipt of notice of such a transfer, the General Partner
shall withdraw the notice of redemption, provided the transferee of such Limited Partner Interest
certifies to the satisfaction of the General Partner in a Citizenship Certification delivered in
connection with the Transfer Application that he is an Eligible Citizen. If the transferee fails to
make such certification, such redemption shall be effected from the transferee on the original
redemption date.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><b>ARTICLE V</b>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><b>CAPITAL CONTRIBUTIONS AND ISSUANCE OF PARTNERSHIP INTERESTS</b>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.1 <I>Organizational Contributions</I>. In connection with the formation of the Partnership
under the Delaware Act, the General Partner made an initial Capital Contribution to the Partnership
in the amount of $20.00, for a 2% General Partner Interest in the Partnership and has been admitted
as the General Partner of the Partnership, and the Organizational Limited Partner made an initial
Capital Contribution to the Partnership in the amount of $980.00 for a 98% Limited Partner Interest
in the Partnership and was admitted as a Limited Partner of the Partnership. As of the Closing
Date, the interest of the Organizational Limited Partner was redeemed as provided in the
Contribution Agreement; the initial Capital Contributions of the Organizational Limited Partner was
refunded; and the Organizational Limited Partner ceased to be a Limited Partner of the Partnership.
Ninety-eight percent of any interest or other profit that may have resulted from the investment or
other use of such initial Capital Contributions was allocated and distributed to the Organizational
Limited Partner, and the balance thereof was allocated and distributed to the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.2 <I>Contributions by the General Partner and its Affiliates</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;On the Closing Date and pursuant to the Contribution and Conveyance Agreement, the General
Partner and its Affiliates made Capital Contributions in accordance with Section&nbsp;5.2(a) of the
Partnership Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Upon the issuance of any additional Limited Partner Interests by the Partnership (other
than the issuance of Limited Partner Interests pursuant to the Underwriting Agreement or the IDR
Contribution Agreement), the General Partner may, in order to maintain its Percentage Interest,
make additional additional Capital Contributions in an amount equal to the product obtained by
multiplying (i)&nbsp;the quotient determined by dividing (A)&nbsp;the General Partner&#146;s Percentage Interest
by (B)&nbsp;100 less the General Partner&#146;s Percentage Interest times (ii)&nbsp;the amount contributed to the
Partnership by the Limited Partners in exchange for such additional Limited Partner Interests.
Notwithstanding the immediately preceding sentence, except as set forth in Article&nbsp;XII, the General
Partner shall not be obligated to make any additional Capital Contributions to the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.3 <I>Contributions by Initial Limited Partners</I>. On the Closing Date and pursuant to
the Underwriting Agreement, the initial Limited Partners made Capital Contributions in accordance
with Section&nbsp;5.3 of the Partnership Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.4 <I>Interest and Withdrawal</I>. No interest shall be paid by the Partnership on Capital
Contributions. No Partner or Assignee shall be entitled to the withdrawal or return of its Capital
Contribution, except to the extent, if any, that distributions made pursuant to this Agreement or
upon termination of the Partnership may be considered as such by law and then only to the extent
provided for in this Agreement. Except to the extent expressly provided in this Agreement, no
Partner or Assignee shall have priority over any other Partner or Assignee either as to the return
of Capital Contributions or as to profits, losses or distributions. Any such return
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">shall be a
compromise to which all Partners and Assignees agree within the meaning of Section&nbsp;17-502(b) of the
Delaware Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.5 <I>Capital Accounts</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The Partnership shall maintain for each Partner (or a beneficial owner of Partnership
Interests held by a nominee in any case in which the nominee has furnished the identity of such
owner to the Partnership in accordance with Section 6031(c) of the Code or any other method
acceptable to the General Partner in its sole discretion) owning a Partnership Interest a separate
Capital Account with respect to such Partnership Interest in accordance with the rules of Treasury
Regulation&nbsp;Section&nbsp;1.704-1(b)(2)(iv). Such Capital Account shall be increased by (i)&nbsp;the amount of
all Capital Contributions made to the Partnership with respect to such Partnership Interest
pursuant to this Agreement and (ii)&nbsp;all items of Partnership income and gain (including, without
limitation, income and gain exempt from tax) computed in accordance with Section&nbsp;5.5(b) and
allocated with respect to such Partnership Interest pursuant to Section&nbsp;6.1, and decreased by (x)
the amount of cash or Net Agreed Value of all actual and deemed distributions of cash or property
made with respect to such Partnership Interest pursuant to this Agreement and (y)&nbsp;all items of
Partnership deduction and loss computed in accordance with Section&nbsp;5.5(b) and allocated with
respect to such Partnership Interest pursuant to Section&nbsp;6.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;For purposes of computing the amount of any item of income, gain, loss or deduction which
is to be allocated pursuant to Article&nbsp;VI and is to be reflected in the Partners&#146; Capital Accounts,
the determination, recognition and classification of any such item shall be the same as its
determination, recognition and classification for federal income tax purposes (including, without limitation, any method of depreciation, cost recovery or amortization used
for that purpose), provided, that:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Solely for purposes of this Section&nbsp;5.5, the Partnership shall be treated as owning
directly its proportionate share (as determined by the General Partner based upon the
provisions of the Operating Company Agreement) of all property owned by the Operating
Company or any other Subsidiary that is classified as a partnership for federal income tax
purposes.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) All fees and other expenses incurred by the Partnership to promote the sale of (or
to sell) a Partnership Interest that can neither be deducted nor amortized under Section&nbsp;709
of the Code, if any, shall, for purposes of Capital Account maintenance, be treated as an
item of deduction at the time such fees and other expenses are incurred and shall be
allocated among the Partners pursuant to Section&nbsp;6.1.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Except as otherwise provided in Treasury Regulation&nbsp;Section&nbsp;1.704-1(b)(2)(iv)(m),
the computation of all items of income, gain, loss and deduction shall be made without
regard to any election under Section&nbsp;754 of the Code which may be made by the Partnership
and, as to those items described in Section&nbsp;705(a)(1)(B) or 705(a)(2)(B) of the Code,
without regard to the fact that such items are not includable in gross income or are neither
currently deductible nor capitalized for federal income tax purposes. To the extent an
adjustment to the adjusted tax basis of any Partnership asset pursuant to Section 734(b) or
743(b) of the Code is required, pursuant to Treasury
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Regulation&nbsp;Section
1.704-1(b)(2)(iv)(m), to be taken into account in determining Capital Accounts, the amount
of such adjustment in the Capital Accounts shall be treated as an item of gain or loss.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Any income, gain or loss attributable to the taxable disposition of any
Partnership property shall be determined as if the adjusted basis of such property as of
such date of disposition were equal in amount to the Partnership&#146;s Carrying Value with
respect to such property as of such date.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) In accordance with the requirements of Section 704(b) of the Code, any deductions
for depreciation, cost recovery or amortization attributable to any Contributed Property
shall be determined as if the adjusted basis of such property on the date it was acquired by
the Partnership were equal to the Agreed Value of such property. Upon an adjustment pursuant
to Section&nbsp;5.5(d) to the Carrying Value of any Partnership property subject to depreciation,
cost recovery or amortization, any further deductions for such depreciation, cost recovery
or amortization attributable to such property shall be determined (A)&nbsp;as if the adjusted
basis of such property were equal to the Carrying Value of such property immediately
following such adjustment and (B)&nbsp;using a rate of depreciation, cost recovery or
amortization derived from the same method and useful life (or, if applicable, the remaining
useful life) as is applied for federal income tax purposes; <I>provided</I>, <I>however</I>, that, if the
asset has a zero adjusted basis for federal income tax purposes, depreciation, cost recovery
or amortization deductions shall be determined using any reasonable method that the General
Partner may adopt.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) If the Partnership&#146;s adjusted basis in a depreciable or cost recovery property is
reduced for federal income tax purposes pursuant to Section&nbsp;48(q)(1) or 48(q)(3) of the
Code, the amount of such reduction shall, solely for purposes hereof, be deemed to be an
additional depreciation or cost recovery deduction in the year such property is placed in
service and shall be allocated among the Partners pursuant to Section&nbsp;6.1. Any restoration
of such basis pursuant to Section&nbsp;48(q)(2) of the Code shall, to the extent possible, be
allocated in the same manner to the Partners to whom such deemed deduction was allocated.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;A transferee of a Partnership Interest shall succeed to a pro rata portion of the Capital
Account of the transferor relating to the Partnership Interest so transferred.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;(i)&nbsp;In accordance with Treasury Regulation&nbsp;Section&nbsp;1.704-1(b)(2)(iv)(f), on an issuance of
additional Partnership Interests for cash or Contributed Property, the issuance of Partnership
Interests as consideration for the provision of services, the issuance of Partnership Interests
pursuant to the IDR Contribution Agreement or the conversion of the General Partner&#146;s Combined
Interest to Common Units pursuant to Section&nbsp;11.3(b), the Capital Accounts of all Partners and the
Carrying Value of each Partnership property immediately prior to such issuance shall be adjusted
upward or downward to reflect any Unrealized Gain or Unrealized Loss attributable to such
Partnership property, as if such Unrealized Gain or Unrealized Loss had been recognized on an
actual sale of each such property for an amount equal to its fair market value immediately prior to
such issuance and had been allocated to the Partners at such time pursuant
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">to Section&nbsp;6.1 in the
same manner as any item of gain or loss actually recognized following an event giving rise to the
dissolution of the Partnership would have been allocated. In determining such Unrealized Gain or
Unrealized Loss, the aggregate cash amount and fair market value of all Partnership assets
(including cash or cash equivalents) immediately prior to the issuance of additional Partnership
Interests shall be determined by the General Partner using such method of valuation as it may
adopt; provided, however, that the General Partner, in arriving at such valuation, must take fully
into account the fair market value of the Partnership Interests of all Partners at such time. The
General Partner shall allocate such aggregate value among the assets of the Partnership (in such
manner as it determines) to arrive at a fair market value for individual properties.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) In accordance with Treasury Regulation&nbsp;Section&nbsp;1.704-1(b)(2)(iv)(f), immediately
prior to any actual or deemed distribution to a Partner of any Partnership property (other
than a distribution of cash that is not in redemption or retirement of a Partnership
Interest), the Capital Accounts of all Partners and the Carrying Value of all Partnership
property shall be adjusted upward or downward to reflect any Unrealized Gain or Unrealized
Loss attributable to such Partnership property, as if such Unrealized Gain or Unrealized
Loss had been recognized on an actual sale of each such property immediately prior to such
distribution for an amount equal to its fair market value, and had been allocated to the
Partners, at such time, pursuant to Section&nbsp;6.1 in the same manner as any item of gain or
loss actually recognized following an event giving rise to the dissolution of the
Partnership would have been allocated. In determining such Unrealized Gain or Unrealized
Loss the aggregate cash amount and fair market value of all Partnership assets (including
cash or cash equivalents) immediately prior to a distribution shall (A)&nbsp;in the case of an
actual distribution that is not made pursuant to Section&nbsp;12.4 or in the case of a deemed distribution, be determined and allocated in
the same manner as that provided in Section&nbsp;5.5(d)(i) or (B)&nbsp;in the case of a liquidating
distribution pursuant to Section&nbsp;12.4, be determined and allocated by the Liquidator using
such method of valuation as it may adopt.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.6 <I>Issuances of Additional Partnership Securities</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The Partnership may issue additional Partnership Securities and options, rights, warrants
and appreciation rights relating to the Partnership Securities for any Partnership purpose at any
time and from time to time to such Persons for such consideration and on such terms and conditions
as shall be established by the General Partner in its sole discretion, all without the approval of
any Limited Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Each additional Partnership Security authorized to be issued by the Partnership pursuant
to Section&nbsp;5.6(a) may be issued in one or more classes, or one or more series of any such classes,
with such designations, preferences, rights, powers and duties (which may be senior to existing
classes and series of Partnership Securities), as shall be fixed by the General Partner in the
exercise of its sole discretion, including (i)&nbsp;the right to share Partnership profits and losses or
items thereof; (ii)&nbsp;the right to share in Partnership distributions; (iii)&nbsp;rights upon dissolution
and liquidation of the Partnership; (iv)&nbsp;whether, and the terms and conditions upon which, the
Partnership may redeem the Partnership Security; (v)&nbsp;whether such Partnership Security is issued
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">with the privilege of conversion or exchange and, if so, the terms and conditions of such
conversion or exchange; (vi)&nbsp;the terms and conditions upon which each Partnership Security will be
issued, evidenced by certificates and assigned or transferred; and (vii)&nbsp;the right, if any, of each
such Partnership Security to vote on Partnership matters, including matters relating to the
relative rights, preferences and privileges of such Partnership Security.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The General Partner is hereby authorized and directed to take all actions that it deems
necessary or appropriate in connection with (i)&nbsp;each issuance of Partnership Securities and
options, rights, warrants and appreciation rights relating to Partnership Securities pursuant to
this Section&nbsp;5.6, (ii)&nbsp;the conversion of the General Partner Interest into Units pursuant to the
terms of this Agreement, (iii)&nbsp;the admission of Additional Limited Partners and (iv)&nbsp;all additional
issuances of Partnership Securities. The General Partner is further authorized and directed to
specify the relative rights, powers and duties of the holders of the Units or other Partnership
Securities being so issued. The General Partner shall do all things necessary to comply with the
Delaware Act and is authorized and directed to do all things it deems to be necessary or advisable
in connection with any future issuance of Partnership Securities or in connection with the
conversion of the General Partner Interest into Units pursuant to the terms of this Agreement,
including compliance with any statute, rule, regulation or guideline of any federal, state or other
governmental agency or any National Securities Exchange on which the Units or other Partnership
Securities are listed for trading.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;No fractional Units shall be issued by the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.7 <I>Limited Preemptive Right</I>. Except as provided in this Section&nbsp;5.7 and in Section
5.2, no Person shall have any preemptive, preferential or other similar right with respect to the
issuance of any Partnership Security, whether unissued, held in the treasury or hereafter
created. The General Partner shall have the right, which it may from time to time assign in
whole or in part to any of its Affiliates, to purchase Partnership Securities from the Partnership
whenever, and on the same terms that, the Partnership issues Partnership Securities to Persons
other than the General Partner and its Affiliates, to the extent necessary to maintain the
Percentage Interests of the General Partner and its Affiliates equal to that which existed
immediately prior to the issuance of such Partnership Securities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.8 <I>Splits and Combinations</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Subject to Section&nbsp;5.8(d), the Partnership may make a Pro Rata distribution of Partnership
Securities to all Record Holders or may effect a subdivision or combination of Partnership
Securities so long as, after any such event, each Partner shall have the same Percentage Interest
in the Partnership as before such event, and any amounts calculated on a per Unit basis or stated
as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Whenever such a distribution, subdivision or combination of Partnership Securities is
declared, the General Partner shall select a Record Date as of which the distribution, subdivision
or combination shall be effective and shall send notice thereof at least 20&nbsp;days prior to such
Record Date to each Record Holder as of a date not less than 10&nbsp;days prior to the date of such
notice. The General Partner also may cause a firm of independent public accountants
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">selected by it
to calculate the number of Partnership Securities to be held by each Record Holder after giving
effect to such distribution, subdivision or combination. The General Partner shall be entitled to
rely on any certificate provided by such firm as conclusive evidence of the accuracy of such
calculation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Promptly following any such distribution, subdivision or combination, the Partnership may
issue Certificates to the Record Holders of Partnership Securities as of the applicable Record Date
representing the new number of Partnership Securities held by such Record Holders, or the General
Partner may adopt such other procedures as it may deem appropriate to reflect such changes. If any
such combination results in a smaller total number of Partnership Securities Outstanding, the
Partnership shall require, as a condition to the delivery to a Record Holder of such new
Certificate, the surrender of any Certificate held by such Record Holder immediately prior to such
Record Date.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;The Partnership shall not issue fractional Units upon any distribution, subdivision or
combination of Units. If a distribution, subdivision or combination of Units would result in the
issuance of fractional Units, each fractional Unit shall be rounded to the nearest whole Unit (and
a 0.5 Unit shall be rounded to the next higher Unit).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.9 <I>Fully Paid and Non-Assessable Nature of Limited Partner Interests</I>. All Limited
Partner Interests issued pursuant to, and in accordance with the requirements of, this Article&nbsp;V
shall be fully paid and non-assessable Limited Partner Interests in the Partnership, except as such
non-assessability may be affected by Section&nbsp;17-607 of the Delaware Act.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><b>ARTICLE VI</b>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><b>ALLOCATIONS AND DISTRIBUTIONS</b>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;6.1 <I>Allocations for Capital Account Purposes</I>. For purposes of maintaining the Capital
Accounts and in determining the rights of the Partners among themselves, the Partnership&#146;s items of
income, gain, loss and deduction (computed in accordance with Section&nbsp;5.5(b)) shall be allocated
among the Partners in each taxable year (or portion thereof) as provided herein below.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;<I>Net Income</I>. After giving effect to the special allocations set forth in Section&nbsp;6.1(c),
Net Income for each taxable year and all items of income, gain, loss and deduction taken into
account in computing Net Income for such taxable year shall be allocated as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) First, 100% to the General Partner, in an amount equal to the aggregate Net Losses
allocated to the General Partner pursuant to Section&nbsp;6.1(b)(ii) for all previous taxable
years until the aggregate Net Income allocated to the General Partner pursuant to this
Section&nbsp;6.1(a)(i) for the current taxable year and all previous taxable years is equal to
the aggregate Net Losses allocated to the General Partner pursuant to Section&nbsp;6.1(b)(ii) for
all previous taxable years; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Second, to the General Partner and Unitholders, Pro Rata.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;<I>Net Losses</I>. After giving effect to the special allocations set forth in Section&nbsp;6.1(c),
Net Losses for each taxable period and all items of income, gain, loss and deduction taken into
account in computing Net Losses for such taxable period shall be allocated as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) First, to the General Partner and the Unitholders, Pro Rata, provided that the Net
Losses shall not be allocated pursuant to this Section&nbsp;6.1(b)(i) to the extent that such
allocation would cause any Unitholder to have a deficit balance in its Adjusted Capital
Account at the end of such taxable year (or increase any existing deficit balance in its
Adjusted Capital Account);
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Second, the balance, if any, 100% to the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;<I>Special Allocations</I>. The following special allocations shall be made for each taxable
period:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <I>Partnership Minimum Gain Chargeback</I>. Notwithstanding any other provision of this
Section&nbsp;6.1, if there is a net decrease in Partnership Minimum Gain during any Partnership
taxable period, each Partner shall be allocated items of Partnership income and gain for
such period (and, if necessary, subsequent periods) in the manner and amounts provided in
Treasury Regulation&nbsp;Sections&nbsp;1.704-2(f)(6), 1.704-2(g)(2) and 1.704-2(j)(2)(i), or any
successor provision. For purposes of this Section&nbsp;6.1(c), each Partner&#146;s Adjusted Capital
Account balance shall be determined, and the allocation of income or gain required hereunder
shall be effected, prior to the application of any other allocations pursuant to this
Section&nbsp;6.1(c) with respect to such taxable period (other than an allocation pursuant to Sections&nbsp;6.1(c)(vi) and
6.1(c)(vii)). This Section&nbsp;6.1(c)(i) is intended to comply with the Partnership Minimum Gain
chargeback requirement in Treasury Regulation&nbsp;Section&nbsp;1.704-2(f) and shall be interpreted
consistently therewith.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) <I>Chargeback of Partner Nonrecourse Debt Minimum Gain</I>. Notwithstanding the other
provisions of this Section&nbsp;6.1 (other than Section&nbsp;6.1(c)(i)), except as provided in
Treasury Regulation&nbsp;Section&nbsp;1.704-2(i)(4), if there is a net decrease in Partner Nonrecourse
Debt Minimum Gain during any Partnership taxable period, any Partner with a share of Partner
Nonrecourse Debt Minimum Gain at the beginning of such taxable period shall be allocated
items of Partnership income and gain for such period (and, if necessary, subsequent periods)
in the manner and amounts provided in Treasury Regulation&nbsp;Sections&nbsp;1.704-2(i)(4) and
1.704-2(j)(2)(ii), or any successor provisions. For purposes of this Section&nbsp;6.1(c), each
Partner&#146;s Adjusted Capital Account balance shall be determined, and the allocation of income
or gain required hereunder shall be effected, prior to the application of any other
allocations pursuant to this Section&nbsp;6.1(c), other than Section&nbsp;6.1(c)(i) and other than an
allocation pursuant to Sections&nbsp;6.1(c)(vi) and 6.1(c)(vii), with respect to such taxable
period. This Section&nbsp;6.1(c) is intended to comply with the chargeback of items of income and
gain requirement in Treasury Regulation&nbsp;Section&nbsp;1.704-2(i)(4) and shall be interpreted
consistently therewith.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) <I>Priority Allocations</I>. If the amount of cash or the Net Agreed Value of any
property distributed (except cash or property distributed pursuant to Section&nbsp;12.4) to
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">any
Unitholder with respect to its Units for a taxable year is greater (on a per Unit basis)
than the amount of cash or the Net Agreed Value of property distributed to the other
Unitholders with respect to their Units (on a per Unit basis), then (1)&nbsp;each Unitholder
receiving such greater cash or property distribution shall be allocated gross income in an
amount equal to the product of (aa)&nbsp;the amount by which the distribution (on a per Unit
basis) to such Unitholder exceeds the distribution (on a per Unit basis) to the Unitholders
receiving the smallest distribution and (bb)&nbsp;the number of Units owned by the Unitholder
receiving the greater distribution; and (2)&nbsp;the General Partner shall be allocated gross
income in an aggregate amount equal to 2/98ths of the sum of the amounts allocated in clause
(1)&nbsp;above.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) <I>Qualified Income Offset</I>. In the event any Partner unexpectedly receives any
adjustments, allocations or distributions described in Treasury Regulation&nbsp;Sections
1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5), or 1.704-1(b)(2)(ii)(d)(6), items of
Partnership income and gain shall be specially allocated to such Partner in an amount and
manner sufficient to eliminate, to the extent required by the Treasury Regulations
promulgated under Section 704(b) of the Code, the deficit balance, if any, in its Adjusted
Capital Account created by such adjustments, allocations or distributions as quickly as
possible unless such deficit balance is otherwise eliminated pursuant to Section&nbsp;6.1(c)(i)
or (ii).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) <I>Gross Income Allocations</I>. In the event any Partner has a deficit balance in its
Capital Account at the end of any Partnership taxable period in excess of the sum of (A)&nbsp;the
amount such Partner is required to restore pursuant to the provisions of this Agreement and (B)&nbsp;the amount such Partner is deemed obligated to restore pursuant to
Treasury Regulation&nbsp;Sections&nbsp;1.704-2(g) and 1.704-2(i)(5), such Partner shall be specially
allocated items of Partnership gross income and gain in the amount of such excess as quickly
as possible; provided, that an allocation pursuant to this Section&nbsp;6.1(c)(v) shall be made
only if and to the extent that such Partner would have a deficit balance in its Capital
Account as adjusted after all other allocations provided for in this Section&nbsp;6.1 have been
tentatively made as if Section&nbsp;6.1(c)(iv) and this Section&nbsp;6.1(c)(v) were not in this
Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) <I>Nonrecourse Deductions</I>. Nonrecourse Deductions for any taxable period shall be
allocated to the Partners in accordance with their respective Percentage Interests. If the
General Partner determines in its good faith discretion that the Partnership&#146;s Nonrecourse
Deductions must be allocated in a different ratio to satisfy the safe harbor requirements of
the Treasury Regulations promulgated under Section 704(b) of the Code, the General Partner
is authorized, upon notice to the other Partners, to revise the prescribed ratio to the
numerically closest ratio that does satisfy such requirements.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) <I>Partner Nonrecourse Deductions</I>. Partner Nonrecourse Deductions for any taxable
period shall be allocated 100% to the Partner that bears the Economic Risk of Loss with
respect to the Partner Nonrecourse Debt to which such Partner Nonrecourse Deductions are
attributable in accordance with Treasury Regulation&nbsp;Section&nbsp;1.704-2(i). If more than one
Partner bears the Economic Risk of Loss with respect to a Partner
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Nonrecourse Debt, such
Partner Nonrecourse Deductions attributable thereto shall be allocated between or among such
Partners in accordance with the ratios in which they share such Economic Risk of Loss.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) <I>Nonrecourse Liabilities</I>. For purposes of Treasury Regulation&nbsp;Section
1.752-3(a)(3), the Partners agree that Nonrecourse Liabilities of the Partnership in excess
of the sum of (A)&nbsp;the amount of Partnership Minimum Gain and (B)&nbsp;the total amount of
Nonrecourse Built-in Gain shall be allocated among the Partners in accordance with their
respective Percentage Interests.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) <I>Code Section&nbsp;754 Adjustments</I>. To the extent an adjustment to the adjusted tax
basis of any Partnership asset pursuant to Section 734(b) or 743(c) of the Code is required,
pursuant to Treasury Regulation&nbsp;Section&nbsp;1.704-1(b)(2)(iv)(m), to be taken into account in
determining Capital Accounts, the amount of such adjustment to the Capital Accounts shall be
treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if
the adjustment decreases such basis), and such item of gain or loss shall be specially
allocated to the Partners in a manner consistent with the manner in which their Capital
Accounts are required to be adjusted pursuant to such Section of the Treasury Regulations.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) <I>Curative Allocation</I>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Notwithstanding any other provision of this Section&nbsp;6.1, other than the
Required Allocations, the Required Allocations shall be taken into account in making
the Agreed Allocations so that, to the extent possible, the net amount of items of income, gain, loss and deduction allocated to each Partner pursuant to
the Required Allocations and the Agreed Allocations, together, shall be equal to the
net amount of such items that would have been allocated to each such Partner under
the Agreed Allocations had the Required Allocations and the related Curative
Allocation not otherwise been provided in this Section&nbsp;6.1. Notwithstanding the
preceding sentence, Required Allocations relating to (1)&nbsp;Nonrecourse Deductions
shall not be taken into account except to the extent that there has been a decrease
in Partnership Minimum Gain and (2)&nbsp;Partner Nonrecourse Deductions shall not be
taken into account except to the extent that there has been a decrease in Partner
Nonrecourse Debt Minimum Gain. Allocations pursuant to this Section&nbsp;6.1(c)(x)(A)
shall only be made with respect to Required Allocations to the extent the General
Partner reasonably determines that such allocations will otherwise be inconsistent
with the economic agreement among the Partners. Further, allocations pursuant to
this Section&nbsp;6.1(c)(x)(A) shall be deferred with respect to allocations pursuant to
clauses (1)&nbsp;and (2)&nbsp;hereof to the extent the General Partner reasonably determines
that such allocations are likely to be offset by subsequent Required Allocations.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) The General Partner shall have reasonable discretion, with respect to each
taxable period, to (1)&nbsp;apply the provisions of Section&nbsp;6.1(c)(x)(A) in whatever
order is most likely to minimize the economic distortions that might
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">otherwise
result from the Required Allocations, and (2)&nbsp;divide all allocations pursuant to
Section&nbsp;6.1(c)(x)(A) among the Partners in a manner that is likely to minimize such
economic distortions.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) <I>Special Allocation in Connection with IDR Contribution Agreement</I>. Notwithstanding
any other provision of this Section&nbsp;6.1, the General Partner shall have the discretion to
allocate income, gain, loss and deduction for the taxable year that includes the closing
date of the IDR Contribution Agreement in a manner which is reasonably determined to result
in each Unit (including the Units issued pursuant to the IDR Contribution Agreement) having
the same Per Unit Capital Amount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;6.2 <I>Allocations for Tax Purposes</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Except as otherwise provided herein, for federal income tax purposes, each item of income,
gain, loss and deduction shall be allocated among the Partners in the same manner as its
correlative item of &#147;book&#148; income, gain, loss or deduction is allocated pursuant to Section&nbsp;6.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;In an attempt to eliminate Book-Tax Disparities attributable to a Contributed Property or
Adjusted Property, items of income, gain, loss, depreciation, amortization and cost recovery
deductions shall be allocated for federal income tax purposes among the Partners as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) (A)&nbsp;In the case of a Contributed Property, such items attributable thereto shall be
allocated among the Partners in the manner provided under Section 704(c) of the Code that
takes into account the variation between the Agreed Value of such property and its adjusted
basis at the time of contribution; and (B)&nbsp;any item of Residual Gain or Residual Loss attributable to a Contributed Property shall be allocated among the
Partners in the same manner as its correlative item of &#147;book&#148; gain or loss is allocated
pursuant to Section&nbsp;6.1.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) (A)&nbsp;In the case of an Adjusted Property, such items shall (1)&nbsp;first, be allocated
among the Partners in a manner consistent with the principles of Section 704(c) of the Code
to take into account the Unrealized Gain or Unrealized Loss attributable to such property
and the allocations thereof pursuant to Section&nbsp;5.5(d)(i) or 5.5(d)(ii), and (2)&nbsp;second, in
the event such property was originally a Contributed Property, be allocated among the
Partners in a manner consistent with Section&nbsp;6.2(b)(i)(A); and (B)&nbsp;any item of Residual Gain
or Residual Loss attributable to an Adjusted Property shall be allocated among the Partners
in the same manner as its correlative item of &#147;book&#148; gain or loss is allocated pursuant to
Section&nbsp;6.1.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) The General Partner shall apply the principles of Treasury Regulation&nbsp;Section
1.704-3(d) to eliminate Book-Tax Disparities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;For the proper administration of the Partnership and for the preservation of uniformity of
the Limited Partner Interests (or any class or classes thereof), the General Partner shall have
sole discretion to (i)&nbsp;adopt such conventions as it deems appropriate in determining the amount of
depreciation, amortization and cost recovery deductions; (ii)&nbsp;make special
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">allocations for federal
income tax purposes of income (including, without limitation, gross income) or deductions; and
(iii)&nbsp;amend the provisions of this Agreement as appropriate (x)&nbsp;to reflect the proposal or
promulgation of Treasury Regulations under Section 704(b) or Section 704(c) of the Code or (y)
otherwise to preserve or achieve uniformity of the Limited Partner Interests (or any class or
classes thereof). The General Partner may adopt such conventions, make such allocations and make
such amendments to this Agreement as provided in this Section&nbsp;6.2(c) only if such conventions,
allocations or amendments would not have a material adverse effect on the Partners, the holders of
any class or classes of Limited Partner Interests issued and Outstanding or the Partnership, and if
such allocations are consistent with the principles of Section&nbsp;704 of the Code.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;The General Partner in its discretion may determine to depreciate or amortize the portion
of an adjustment under Section 743(b) of the Code attributable to unrealized appreciation in any
Adjusted Property (to the extent of the unamortized Book-Tax Disparity) using a predetermined rate
derived from the depreciation or amortization method and useful life applied to the Partnership&#146;s
common basis of such property, despite any inconsistency of such approach with Treasury Regulation
Section&nbsp;1.167(c)-l(a)(6) or any successor regulations thereto. If the General Partner determines
that such reporting position cannot reasonably be taken, the General Partner may adopt depreciation
and amortization conventions under which all purchasers acquiring Limited Partner Interests in the
same month would receive depreciation and amortization deductions, based upon the same applicable
rate as if they had purchased a direct interest in the Partnership&#146;s property. If the General
Partner chooses not to utilize such aggregate method, the General Partner may use any other
reasonable depreciation and amortization conventions to preserve the uniformity of the intrinsic
tax characteristics of any Limited Partner Interests that would not have a material adverse effect
on the Limited Partners or the Record Holders of any class or classes of Limited Partner Interests.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;Any gain allocated to the Partners upon the sale or other taxable disposition of any
Partnership asset shall, to the extent possible, after taking into account other required
allocations of gain pursuant to this Section&nbsp;6.2, be characterized as Recapture Income in the same
proportions and to the same extent as such Partners (or their predecessors in interest) have been
allocated any deductions directly or indirectly giving rise to the treatment of such gains as
Recapture Income.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;All items of income, gain, loss, deduction and credit recognized by the Partnership for
federal income tax purposes and allocated to the Partners in accordance with the provisions hereof
shall be determined without regard to any election under Section&nbsp;754 of the Code which may be made
by the Partnership; <I>provided</I>, <I>however</I>, that such allocations, once made, shall be adjusted as
necessary or appropriate to take into account those adjustments permitted or required by Sections
734 and 743 of the Code.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;Each item of Partnership income, gain, loss and deduction shall for federal income tax
purposes, be determined on an annual basis and prorated on a monthly basis and shall be allocated
to the Partners as of the opening of the New York Stock Exchange on the first Business Day of each
month; <I>provided</I>, <I>however</I>, that gain or loss on a sale or other disposition of any assets of the
Partnership or any other extraordinary item of income or loss realized and
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">recognized other than in
the ordinary course of business, as determined by the General Partner in its sole discretion, shall
be allocated to the Partners as of the opening of the New York Stock Exchange on the first Business
Day of the month in which such gain or loss is recognized for federal income tax purposes. The
General Partner may revise, alter or otherwise modify such methods of allocation as it determines
necessary or appropriate in its sole discretion, to the extent permitted or required by Section&nbsp;706
of the Code and the regulations or rulings promulgated thereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;Allocations that would otherwise be made to a Limited Partner under the provisions of this
Article&nbsp;VI shall instead be made to the beneficial owner of Limited Partner Interests held by a
nominee in any case in which the nominee has furnished the identity of such owner to the
Partnership in accordance with Section 6031(c) of the Code or any other method acceptable to the
General Partner in its sole discretion.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;6.3 <I>Requirement and Characterization of Distributions; Distributions to Record
Holders</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Within 45&nbsp;days following the end of each Quarter commencing with the Quarter ending on
December&nbsp;31, 2002, an amount equal to 100% of Available Cash with respect to such Quarter shall,
subject to Section&nbsp;17-607 of the Delaware Act, be distributed in accordance with this Article&nbsp;VI by
the Partnership to the Partners, Pro Rata, as of the Record Date selected by the General Partner in
its reasonable discretion. All distributions required to be made under this Agreement shall be made
subject to Section&nbsp;17-607 of the Delaware Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Notwithstanding Section&nbsp;6.3(a), in the event of the dissolution and liquidation of the
Partnership, all receipts received during or after the Quarter in which the Liquidation Date
occurs, other than from borrowings described in (a)(ii) of the definition of Available Cash, shall
be applied and distributed solely in accordance with, and subject to the terms and conditions
of, Section&nbsp;12.4.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;In the event of the dissolution and liquidation of the Partnership, all receipts received
during or after the Quarter in which the Liquidation Date occurs shall be applied and distributed
solely in accordance with, and subject to the terms and conditions of, Section&nbsp;12.4.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;The General Partner shall have the discretion to treat taxes paid by the Partnership on
behalf of, or amounts withheld with respect to, all or less than all of the Partners, as a
distribution of Available Cash to such Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;Each distribution in respect of a Partnership Interest shall be paid by the Partnership,
directly or through the Transfer Agent or through any other Person or agent, only to the Record
Holder of such Partnership Interest as of the Record Date set for such distribution. Such payment
shall constitute full payment and satisfaction of the Partnership&#146;s liability in respect of such
payment, regardless of any claim of any Person who may have an interest in such payment by reason
of an assignment or otherwise.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><b>ARTICLE VII</b>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><b>MANAGEMENT AND OPERATION OF BUSINESS</b>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.1 <I>Management</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The General Partner shall conduct, direct and manage all activities of the Partnership.
Except as otherwise expressly provided in this Agreement, all management powers over the business
and affairs of the Partnership shall be exclusively vested in the General Partner, and no Limited
Partner or Assignee shall have any management power over the business and affairs of the
Partnership. In addition to the powers now or hereafter granted a general partner of a limited
partnership under applicable law or which are granted to the General Partner under any other
provision of this Agreement, the General Partner, subject to Section&nbsp;7.3, shall have full power and
authority to do all things and on such terms as it, in its sole discretion, may deem necessary or
appropriate to conduct the business of the Partnership, to exercise all powers set forth in Section
2.5 and to effectuate the purposes set forth in Section&nbsp;2.4, including the following:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the making of any expenditures, the lending or borrowing of money, the assumption
or guarantee of, or other contracting for, indebtedness and other liabilities, the issuance
of evidences of indebtedness, including indebtedness that is convertible into Partnership
Securities, and the incurring of any other obligations;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the making of tax, regulatory and other filings, or rendering of periodic or other
reports to governmental or other agencies having jurisdiction over the business or assets of
the Partnership;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the acquisition, disposition, mortgage, pledge, encumbrance, hypothecation or
exchange of any or all of the assets of the Partnership or the merger or other combination of the Partnership with or into another Person (the matters described
in this clause (iii)&nbsp;being subject, however, to any prior approval that may be required by
Section&nbsp;7.3);
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) the use of the assets of the Partnership (including cash on hand) for any purpose
consistent with the terms of this Agreement, including the financing of the conduct of the
operations of the Partnership Group; subject to Section&nbsp;7.6(a), the lending of funds to
other Persons (including other Group Members), the repayment or guarantee of obligations of
the Partnership Group and the making of capital contributions to any member of the
Partnership Group;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) the negotiation, execution and performance of any contracts, conveyances or other
instruments (including instruments that limit the liability of the Partnership under
contractual arrangements to all or particular assets of the Partnership, with the other
party to the contract to have no recourse against the General Partner or its assets other
than its interest in the Partnership, even if same results in the terms of the transaction
being less favorable to the Partnership than would otherwise be the case);
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) the distribution of Partnership cash;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) the selection and dismissal of employees (including employees having titles such
as &#147;president,&#148; &#147;vice president,&#148; &#147;secretary&#148; and &#147;treasurer&#148;) and agents, outside
attorneys, accountants, consultants and contractors and the determination of their
compensation and other terms of employment or hiring;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) the maintenance of such insurance for the benefit of the Partnership Group and
the Partners as it deems necessary or appropriate;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) the formation of, or acquisition of an interest in, and the contribution of
property and the making of loans to, any further limited or general partnerships, joint
ventures, corporations, limited liability companies or other relationships (including the
acquisition of interests in, and the contributions of property to, any Group Member from
time to time) subject to the restrictions set forth in Section&nbsp;2.4;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) the control of any matters affecting the rights and obligations of the Partnership,
including the bringing and defending of actions at law or in equity and otherwise engaging
in the conduct of litigation and the incurring of legal expense and the settlement of claims
and litigation;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) the indemnification of any Person against liabilities and contingencies to the
extent permitted by law;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) the entering into of listing agreements with any National Securities Exchange and
the delisting of some or all of the Limited Partner Interests from, or requesting that
trading be suspended on, any such exchange (subject to any prior approval that may be
required under Section&nbsp;4.7);
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) the purchase, sale or other acquisition or disposition of Partnership
Securities, or the issuance of additional options, rights, warrants and appreciation rights
relating to Partnership Securities; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) the undertaking of any action in connection with the Partnership&#146;s participation
in any Group Member as a member or partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Notwithstanding any other provision of this Agreement, the Operating Company Agreement,
the Delaware Act or any applicable law, rule or regulation, each of the Partners and the Assignees
and each other Person who may acquire an interest in Partnership Securities hereby (i)&nbsp;approves,
ratifies and confirms the execution, delivery and performance by the parties thereto of the
Operating Company Agreement, any other limited liability company or partnership agreement of any
other Group Member, the Underwriting Agreement, the Omnibus Agreement, the Contribution Agreement
and the other agreements described in or filed as exhibits to the Registration Statement that are
related to the transactions contemplated by the Registration Statement; (ii)&nbsp;agrees that the
General Partner (on its own or through any officer of the Partnership) is authorized to execute,
deliver and perform the agreements referred to in clause (i)&nbsp;of this sentence and the other
agreements, acts, transactions and matters described in or
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">contemplated by the Registration Statement on behalf of the Partnership without any further act,
approval or vote of the Partners or the Assignees or the other Persons who may acquire an interest
in Partnership Securities; and (iii)&nbsp;agrees that the execution, delivery or performance by the
General Partner, any Group Member or any Affiliate of any of them, of this Agreement or any
agreement authorized or permitted under this Agreement (including the exercise by the General
Partner or any Affiliate of the General Partner of the rights accorded pursuant to Article&nbsp;XV),
shall not constitute a breach by the General Partner of any duty that the General Partner may owe
the Partnership or the Limited Partners or any other Persons under this Agreement (or any other
agreements) or of any duty stated or implied by law or equity.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.2 <I>Certificate of Limited Partnership</I>. The General Partner has caused the
Certificate of Limited Partnership to be filed with the Secretary of State of the State of Delaware
as required by the Delaware Act. The General Partner shall use all reasonable efforts to cause to
be filed such other certificates or documents as may be determined by the General Partner in its
sole discretion to be reasonable and necessary or appropriate for the formation, continuation,
qualification and operation of a limited partnership (or a partnership in which the limited
partners have limited liability) in the State of Delaware or any other state in which the
Partnership may elect to do business or own property. To the extent that such action is determined
by the General Partner in its sole discretion to be reasonable and necessary or appropriate, the
General Partner shall file amendments to and restatements of the Certificate of Limited Partnership
and do all things necessary to maintain the Partnership as a limited partnership (or a partnership
or other entity in which the limited partners have limited liability) under the laws of the State
of Delaware or of any other state in which the Partnership may elect to do business or own
property. Subject to the terms of Section&nbsp;3.4(a), the General Partner shall not be required, before
or after filing, to deliver or mail a copy of the Certificate of Limited Partnership, any
qualification document or any amendment thereto to any Limited Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.3 <I>Restrictions on the General Partner&#146;s Authority</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The General Partner may not, without written approval of the specific act by holders of
all of the Outstanding Limited Partner Interests or by other written instrument executed and
delivered by holders of all of the Outstanding Limited Partner Interests subsequent to the date of
this Agreement, take any action in contravention of this Agreement, including, except as otherwise
provided in this Agreement, (i)&nbsp;committing any act that would make it impossible to carry on the
ordinary business of the Partnership; (ii)&nbsp;possessing Partnership property, or assigning any rights
in specific Partnership property, for other than a Partnership purpose; (iii)&nbsp;admitting a Person as
a Partner; (iv)&nbsp;amending this Agreement in any manner; or (v)&nbsp;transferring its interest as a
general partner of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Except as provided in Articles XII and XIV, the General Partner may not sell, exchange or
otherwise dispose of all or substantially all of the Partnership&#146;s assets in a single transaction
or a series of related transactions (including by way of merger, consolidation or other
combination) or approve on behalf of the Partnership the sale, exchange or other disposition of all
or substantially all of the assets of the Operating Company and its Subsidiaries taken as a whole
without the approval of holders of a Unit Majority; provided however that this provision shall not
preclude or limit the General Partner&#146;s ability to mortgage, pledge, hypothecate or grant
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">a security interest in all or substantially all of the assets of the Partnership or the Operating
Company and shall not apply to any forced sale of any or all of the assets of the Partnership or
the Operating Company pursuant to the foreclosure of, or other realization upon, any such
encumbrance. Without the approval of holders of a Unit Majority, the General Partner shall not, on
behalf of the Partnership, (i)&nbsp;consent to any amendment to the Operating Company Agreement or,
except as expressly permitted by Section&nbsp;7.9(d), take any action permitted to be taken by a member
of the Operating Company, in either case, that would adversely affect the Limited Partners
(including any particular class of Partnership Interests as compared to any other class of
Partnership Interests) in any material respect or (ii)&nbsp;except as permitted under Sections&nbsp;4.6, 11.1
and 11.2, elect or cause the Partnership to elect a successor general partner of the Partnership.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.4 <I>Reimbursement of the General Partner</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Except as provided in this Section&nbsp;7.4 and elsewhere in this Agreement, the General
Partner shall not be compensated for its services as a general partner or managing member of any
Group Member.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The General Partner shall be reimbursed on a monthly basis, or such other reasonable basis
as the General Partner may determine in its sole discretion, for (i)&nbsp;all direct and indirect
expenses it incurs or payments it makes on behalf of the Partnership (including salary, bonus,
incentive compensation and other amounts paid to any Person including Affiliates of the General
Partner to perform services for the Partnership or for the General Partner in the discharge of its
duties to the Partnership), and (ii)&nbsp;all other necessary or appropriate expenses allocable to the
Partnership or otherwise reasonably incurred by the General Partner in connection with operating
the Partnership&#146;s business (including expenses allocated to the General Partner by its Affiliates).
The General Partner shall determine the expenses that are allocable to the Partnership in any
reasonable manner determined by the General Partner in its sole discretion. Reimbursements pursuant
to this Section&nbsp;7.4 shall be in addition to any reimbursement to the General Partner as a result of
indemnification pursuant to Section&nbsp;7.7.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The General Partner, in its sole discretion and without the approval of the Limited
Partners (who shall have no right to vote in respect thereof), may propose and adopt on behalf of
the Partnership employee benefit plans, employee programs and employee practices (including plans,
programs and practices involving the issuance of Partnership Securities or options to purchase, or
rights, warrants or appreciation rights relating to, Partnership Securities), or cause the
Partnership to issue Partnership Securities in connection with, or pursuant to, any employee
benefit plan, employee program or employee practice maintained or sponsored by the General Partner
or any of its Affiliates, in each case for the benefit of employees of the General Partner, any
Group Member or any Affiliate, or any of them, in respect of services performed, directly or
indirectly, for the benefit of the Partnership Group. The Partnership agrees to issue and sell to
the General Partner or any of its Affiliates any Partnership Securities that the General Partner or
such Affiliates are obligated to provide to any employees pursuant to any such employee benefit
plans, employee programs or employee practices. Expenses incurred by the General Partner in
connection with any such plans, programs and practices (including the net cost to the General
Partner or such Affiliates of Partnership Securities purchased by the General Partner or such
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Affiliates from the Partnership to fulfill options or awards under such plans, programs and
practices) shall be reimbursed in accordance with Section&nbsp;7.4(b). Any and all obligations of the
General Partner under any employee benefit plans, employee programs or employee practices adopted
by the General Partner as permitted by this Section&nbsp;7.4(c) shall constitute obligations of the
General Partner hereunder and shall be assumed by any successor General Partner approved pursuant
to Section&nbsp;11.1 or 11.2 or the transferee of or successor to all of the General Partner&#146;s General
Partner Interest pursuant to Section&nbsp;4.6.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.5 <I>Outside Activities</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;After the Closing Date, the General Partner, for so long as it is the General Partner of
the Partnership (i)&nbsp;agrees that its sole business will be to act as a general partner or managing
member, as the case may be, of the Partnership and any other partnership or limited liability
company of which the Partnership or the Operating Company is, directly or indirectly, a partner or
member and to undertake activities that are ancillary or related thereto (including being a limited
partner in the Partnership), (ii)&nbsp;shall not engage in any business or activity or incur any debts
or liabilities except in connection with or incidental to (A)&nbsp;its performance as general partner or
managing member of one or more Group Members or as described in or contemplated by the Registration
Statement, or (B)&nbsp;the acquiring, owning or disposing of debt or equity securities in any Group
Member and (iii)&nbsp;except to the extent permitted in the Omnibus Agreement, shall not, and shall
cause its Affiliates (other than the Adena Group, which shall be subject to the Restricted Business
Contribution Agreement) not to, engage in any Restricted Business.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;On the Closing Date, Arch Coal, Inc., Ark Land, Great Northern, New Gauley, Western
Pocahontas and certain of their respective Affiliates entered into the Omnibus Agreement with the
General Partner, the Partnership and the Operating Company. As of the date of this Agreement, the
Omnibus Agreement sets forth certain restrictions on the ability of Great Northern, New Gauley,
Western Pocahontas and such Affiliates to engage in Restricted Businesses. Cline, Foresight and
Adena have entered into the Restricted Business Contribution Agreement with the General Partner,
the Partnership, the Organizational General Partner and the Operating Company, which agreement sets
forth certain restrictions on the ability of the Adena Group to engage in Adena Restricted
Businesses.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Except as specifically restricted by Section&nbsp;7.5(a), the Omnibus Agreement and the
Restricted Business Contribution Agreement, each Indemnitee (other than the General Partner) shall
have the right to engage in businesses of every type and description and other activities for
profit and to engage in and possess an interest in other business ventures of any and every type or
description, whether in businesses engaged in or anticipated to be engaged in by any Group Member,
independently or with others, including business interests and activities in direct competition
with the business and activities of any Group Member, and none of the same shall constitute a
breach of this Agreement or any duty express or implied by law to any Group Member or any Partner
or Assignee. Neither any Group Member, any Limited Partner nor any other Person shall have any
rights by virtue of this Agreement, the Operating Company Agreement, any other limited liability
company or partnership agreement of any other Group
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Member, or the partnership relationship established hereby or thereby in any business ventures of
any Indemnitee.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Subject to the terms of Section&nbsp;7.5(a), Section&nbsp;7.5(b), Section&nbsp;7.5(c), the Omnibus
Agreement and the Restricted Business Contribution Agreement, but otherwise notwithstanding
anything to the contrary in this Agreement, (i)&nbsp;the engaging in competitive activities by any
Indemnitees (other than the General Partner) in accordance with the provisions of this Section&nbsp;7.5
is hereby approved by the Partnership and all Partners, (ii)&nbsp;it shall be deemed not to be a breach
of the General Partner&#146;s fiduciary duty or any other obligation of any type whatsoever of the
General Partner for the Indemnitees (other than the General Partner) to engage in such business
interests and activities in preference to or to the exclusion of the Partnership and (iii)&nbsp;except
as set forth in the Omnibus Agreement or the Restricted Business Contribution Agreement, the
General Partner and the Indemnitees shall have no obligation to present business opportunities to
the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;The General Partner and any of its Affiliates may acquire Units or other Partnership
Securities in addition to those acquired on the Closing Date and, except as otherwise provided in
this Agreement, shall be entitled to exercise all rights of the General Partner or Limited Partner,
as applicable, relating to such Units or Partnership Securities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;The term &#147;Affiliates&#148; when used in Section&nbsp;7.5(a) and Section&nbsp;7.5(e) with respect to the
General Partner shall not include any Group Member or any Subsidiary of the Group Member.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;Anything in this Agreement to the contrary notwithstanding, to the extent that provisions
of Sections&nbsp;7.7, 7.8, 7.9, 7.10 or other Sections of this Agreement purport or are interpreted to
have the effect of restricting the fiduciary duties that might otherwise, as a result of Delaware
or other applicable law, be owed by the General Partner to the Partnership and its Limited
Partners, or to constitute a waiver or consent by the Limited Partners to any such restriction,
such provisions shall be inapplicable and have no effect in determining whether the General Partner
has complied with its fiduciary duties in connection with determinations made by it under this
Section&nbsp;7.5.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.6 <I>Loans from the General Partner; Loans or Contributions from the Partnership;
Contracts with Affiliates; Certain Restrictions on the General Partner</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The General Partner or any of its Affiliates may lend to any Group Member, and any Group
Member may borrow from the General Partner or any of its Affiliates, funds needed or desired by the
Group Member for such periods of time and in such amounts as the General Partner may determine;
<I>provided</I>, <I>however</I>, that in any such case the lending party may not charge the borrowing party
interest at a rate greater than the rate that would be charged the borrowing party or impose terms
less favorable to the borrowing party than would be charged or imposed on the borrowing party by
unrelated lenders on comparable loans made on an arm&#146;s-length basis (without reference to the
lending party&#146;s financial abilities or guarantees). The borrowing party shall reimburse the lending
party for any costs (other than any additional interest costs) incurred by the lending party in
connection with the borrowing of such funds. For purposes of this Section&nbsp;7.6(a) and Section
7.6(b), the term &#147;Group Member&#148; shall include any
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Affiliate of a Group Member that is controlled by the Group Member. No Group Member may lend funds
to the General Partner or any of its Affiliates (other than another Group Member).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The Partnership may lend or contribute to any Group Member, and any Group Member may
borrow from the Partnership, funds on terms and conditions established in the sole discretion of
the General Partner; <I>provided</I>, <I>however</I>, that the Partnership may not charge the Group Member
interest at a rate less than the rate that would be charged to the Group Member (without reference
to the General Partner&#146;s financial abilities or guarantees) by unrelated lenders on comparable
loans. The foregoing authority shall be exercised by the General Partner in its sole discretion and
shall not create any right or benefit in favor of any Group Member or any other Person.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The General Partner may itself, or may enter into an agreement with any of its Affiliates
to, render services to a Group Member or to the General Partner in the discharge of its duties as
General Partner of the Partnership. Any services rendered to a Group Member by the General Partner
or any of its Affiliates shall be on terms that are fair and reasonable to the Partnership;
<I>provided</I>, <I>however</I>, that the requirements of this Section&nbsp;7.6(c) shall be deemed satisfied as to (i)
any transaction approved by Special Approval, (ii)&nbsp;any transaction, the terms of which are no less
favorable to the Partnership Group than those generally being provided to or available from
unrelated third parties or (iii)&nbsp;any transaction that, taking into account the totality of the
relationships between the parties involved (including other transactions that may be particularly
favorable or advantageous to the Partnership Group), is equitable to the Partnership Group. The
provisions of Section&nbsp;7.4 shall apply to the rendering of services described in this Section
7.6(c).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;The Partnership Group may transfer assets to joint ventures, other partnerships,
corporations, limited liability companies or other business entities in which it is or thereby
becomes a participant upon such terms and subject to such conditions as are consistent with this
Agreement and applicable law.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;Neither the General Partner nor any of its Affiliates shall sell, transfer or convey any
property to, or purchase any property from, the Partnership, directly or indirectly, except
pursuant to transactions that are fair and reasonable to the Partnership; <I>provided</I>, <I>however</I>, that
the requirements of this Section&nbsp;7.6(e) shall be deemed to be satisfied as to (i)&nbsp;the transactions
effected pursuant to Sections&nbsp;5.2 and 5.3, the Contribution Agreement and any other transactions
described in or contemplated by the Registration Statement, (ii)&nbsp;any transaction approved by
Special Approval, (iii)&nbsp;any transaction, the terms of which are no less favorable to the
Partnership than those generally being provided to or available from unrelated third parties, or
(iv)&nbsp;any transaction that, taking into account the totality of the relationships between the
parties involved (including other transactions that may be particularly favorable or advantageous
to the Partnership), is equitable to the Partnership. With respect to any contribution of assets to
the Partnership in exchange for Partnership Securities, the Conflicts Committee, in determining
whether the appropriate number of Partnership Securities are being issued, may take into account,
among other things, the fair market value of the assets, the liquidated and contingent liabilities
assumed, the tax basis in the assets, the extent to which tax-only allocations to the
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">transferor will protect the existing partners of the Partnership against a low tax basis, and such
other factors as the Conflicts Committee deems relevant under the circumstances.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;The General Partner and its Affiliates will have no obligation to permit any Group Member
to use any facilities or assets of the General Partner and its Affiliates, except as may be
provided in contracts entered into from time to time specifically dealing with such use, nor shall
there be any obligation on the part of the General Partner or its Affiliates to enter into such
contracts.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;Without limitation of Sections&nbsp;7.6(a) through 7.6(f), and notwithstanding anything to the
contrary in this Agreement, the existence of the conflicts of interest described in the
Registration Statement are hereby approved by all Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.7 <I>Indemnification</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;To the fullest extent permitted by law but subject to the limitations expressly provided
in this Agreement, all Indemnitees shall be indemnified and held harmless by the Partnership from
and against any and all losses, claims, damages, liabilities, joint or several, expenses (including
legal fees and expenses), judgments, fines, penalties, interest, settlements or other amounts
arising from any and all claims, demands, actions, suits or proceedings, whether civil, criminal,
administrative or investigative, in which any Indemnitee may be involved, or is threatened to be
involved, as a party or otherwise, by reason of its status as an Indemnitee; provided, that in each
case the Indemnitee acted in good faith and in a manner that such Indemnitee reasonably believed to
be in, or (in the case of a Person other than the General Partner) not opposed to, the best
interests of the Partnership and, with respect to any criminal proceeding, had no reasonable cause
to believe its conduct was unlawful; provided, further, no indemnification pursuant to this Section
7.7 shall be available to the General Partner or its Affiliates (other than a Group Member) with
respect to its or their obligations incurred pursuant to the Underwriting Agreement, the Omnibus
Agreement, the Restricted Business Contribution Agreement, the Contribution Agreement or the Adena
Contribution Agreements (other than obligations incurred by the General Partner on behalf of the
Partnership). The termination of any action, suit or proceeding by judgment, order, settlement,
conviction or upon a plea of nolo contendere, or its equivalent, shall not create a presumption
that the Indemnitee acted in a manner contrary to that specified above. Any indemnification
pursuant to this Section&nbsp;7.7 shall be made only out of the assets of the Partnership, it being
agreed that the General Partner shall not be personally liable for such indemnification and shall
have no obligation to contribute or loan any monies or property to the Partnership to enable it to
effectuate such indemnification.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;To the fullest extent permitted by law, expenses (including legal fees and expenses)
incurred by an Indemnitee who is indemnified pursuant to Section&nbsp;7.7(a) in defending any claim,
demand, action, suit or proceeding shall, from time to time, be advanced by the Partnership prior
to the final disposition of such claim, demand, action, suit or proceeding upon receipt by the
Partnership of any undertaking by or on behalf of the Indemnitee to repay such amount if it shall
be determined that the Indemnitee is not entitled to be indemnified as authorized in this Section
7.7.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The indemnification provided by this Section&nbsp;7.7 shall be in addition to any other rights
to which an Indemnitee may be entitled under any agreement, pursuant to any vote of the holders of
Outstanding Limited Partner Interests, as a matter of law or otherwise, both as to actions in the
Indemnitee&#146;s capacity as an Indemnitee and as to actions in any other capacity (including any
capacity under the Underwriting Agreement), and shall continue as to an Indemnitee who has ceased
to serve in such capacity and shall inure to the benefit of the heirs, successors, assigns and
administrators of the Indemnitee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;The Partnership may purchase and maintain (or reimburse the General Partner or its
Affiliates for the cost of) insurance, on behalf of the General Partner, its Affiliates and such
other Persons as the General Partner shall determine, against any liability that may be asserted
against or expense that may be incurred by such Person in connection with the Partnership&#146;s
activities or such Person&#146;s activities on behalf of the Partnership, regardless of whether the
Partnership would have the power to indemnify such Person against such liability under the
provisions of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;For purposes of this Section&nbsp;7.7, the Partnership shall be deemed to have requested an
Indemnitee to serve as fiduciary of an employee benefit plan whenever the performance by it of its
duties to the Partnership also imposes duties on, or otherwise involves services by, it to the plan
or participants or beneficiaries of the plan; excise taxes assessed on an Indemnitee with respect
to an employee benefit plan pursuant to applicable law shall constitute &#147;fines&#148; within the meaning
of Section&nbsp;7.7(a); and action taken or omitted by it with respect to any employee benefit plan in
the performance of its duties for a purpose reasonably believed by it to be in the interest of the
participants and beneficiaries of the plan shall be deemed to be for a purpose which is in, or not
opposed to, the best interests of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;In no event may an Indemnitee subject the Limited Partners to personal liability by reason
of the indemnification provisions set forth in this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;An Indemnitee shall not be denied indemnification in whole or in part under this Section
7.7 because the Indemnitee had an interest in the transaction with respect to which the
indemnification applies if the transaction was otherwise permitted by the terms of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;The provisions of this Section&nbsp;7.7 are for the benefit of the Indemnitees, their heirs,
successors, assigns and administrators and shall not be deemed to create any rights for the benefit
of any other Persons.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;No amendment, modification or repeal of this Section&nbsp;7.7 or any provision hereof shall in
any manner terminate, reduce or impair the right of any past, present or future Indemnitee to be
indemnified by the Partnership, nor the obligations of the Partnership to indemnify any such
Indemnitee under and in accordance with the provisions of this Section&nbsp;7.7 as in effect immediately
prior to such amendment, modification or repeal with respect to claims arising from or relating to
matters occurring, in whole or in part, prior to such amendment, modification or repeal, regardless
of when such claims may arise or be asserted.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.8 <I>Liability of Indemnitees</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Notwithstanding anything to the contrary set forth in this Agreement, no Indemnitee shall
be liable for monetary damages to the Partnership, the Limited Partners, the Assignees or any other
Persons who have acquired interests in the Partnership Securities, for losses sustained or
liabilities incurred as a result of any act or omission if such Indemnitee acted in good faith.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Subject to its obligations and duties as General Partner set forth in Section&nbsp;7.1(a), the
General Partner may exercise any of the powers granted to it by this Agreement and perform any of
the duties imposed upon it hereunder either directly or by or through its agents, and the General
Partner shall not be responsible for any misconduct or negligence on the part of any such agent
appointed by the General Partner in good faith.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;To the extent that, at law or in equity, an Indemnitee has duties (including fiduciary
duties) and liabilities relating thereto to the Partnership or to the Partners, the General Partner
and any other Indemnitee acting in connection with the Partnership&#146;s business or affairs shall not
be liable to the Partnership or to any Partner for its good faith reliance on the provisions of
this Agreement. The provisions of this Agreement, to the extent that they restrict or otherwise
modify the duties and liabilities of an Indemnitee otherwise existing at law or in equity, are
agreed by the Partners to replace such other duties and liabilities of such Indemnitee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Any amendment, modification or repeal of this Section&nbsp;7.8 or any provision hereof shall be
prospective only and shall not in any way affect the limitations on the liability to the
Partnership, the Limited Partners, the General Partner, and the Partnership&#146;s and General Partner&#146;s
directors, officers and employees under this Section&nbsp;7.8 as in effect immediately prior to such
amendment, modification or repeal with respect to claims arising from or relating to matters
occurring, in whole or in part, prior to such amendment, modification or repeal, regardless of when
such claims may arise or be asserted.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.9 <I>Resolution of Conflicts of Interest</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Unless otherwise expressly provided in this Agreement, the Operating Company Agreement, or
any other limited liability company or partnership agreement of any other Group Member, whenever a
potential conflict of interest exists or arises between the General Partner or any of its
Affiliates, on the one hand, and the Partnership, the Operating Company, any other Group Member,
any Partner or any Assignee, on the other, any resolution or course of action by the General
Partner or its Affiliates in respect of such conflict of interest shall be permitted and deemed
approved by all Partners, and shall not constitute a breach of this Agreement, of the Operating
Company Agreement, of any agreement contemplated herein or therein, or of any duty stated or
implied by law or equity, if the resolution or course of action is, or by operation of this
Agreement is deemed to be, fair and reasonable to the Partnership. The General Partner shall be
authorized but not required in connection with its resolution of such conflict of interest to seek
Special Approval of such resolution. Any conflict of interest and any resolution of such conflict
of interest shall be conclusively deemed fair and reasonable to the Partnership if such conflict of
interest or resolution is (i)&nbsp;approved by Special Approval (as long as the material facts
known to the General Partner or any of its Affiliates regarding any proposed transaction were
disclosed to
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">the Conflicts Committee at the time it gave its approval), (ii)&nbsp;on terms no less favorable to the
Partnership than those generally being provided to or available from unrelated third parties or
(iii)&nbsp;fair to the Partnership, taking into account the totality of the relationships between the
parties involved (including other transactions that may be particularly favorable or advantageous
to the Partnership). The General Partner may also adopt a resolution or course of action that has
not received Special Approval. The General Partner (including the Conflicts Committee in connection
with Special Approval) shall be authorized in connection with its determination of what is &#147;fair
and reasonable&#148; to the Partnership and in connection with its resolution of any conflict of
interest to consider (A)&nbsp;the relative interests of any party to such conflict, agreement,
transaction or situation and the benefits and burdens relating to such interest; (B)&nbsp;any customary
or accepted industry practices and any customary or historical dealings with a particular Person;
(C)&nbsp;any applicable generally accepted accounting practices or principles; and (D)&nbsp;such additional
factors as the General Partner (including the Conflicts Committee) determines in its sole
discretion to be relevant, reasonable or appropriate under the circumstances. Nothing contained in
this Agreement, however, is intended to nor shall it be construed to require the General Partner
(including the Conflicts Committee) to consider the interests of any Person other than the
Partnership. In the absence of bad faith by the General Partner, the resolution, action or terms so
made, taken or provided by the General Partner with respect to such matter shall not constitute a
breach of this Agreement or any other agreement contemplated herein or a breach of any standard of
care or duty imposed herein or therein or, to the extent permitted by law, under the Delaware Act
or any other law, rule or regulation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Whenever this Agreement or any other agreement contemplated hereby provides that the
General Partner or any of its Affiliates is permitted or required to make a decision (i)&nbsp;in its
&#147;sole discretion&#148; or &#147;discretion,&#148; that it deems &#147;necessary or appropriate&#148; or &#147;necessary or
advisable&#148; or under a grant of similar authority or latitude, except as otherwise provided herein,
the General Partner or such Affiliate shall be entitled to consider only such interests and factors
as it desires and shall have no duty or obligation to give any consideration to any interest of, or
factors affecting, the Partnership, any other Group Member, any Limited Partner or any Assignee,
(ii)&nbsp;it may make such decision in its sole discretion (regardless of whether there is a reference
to &#147;sole discretion&#148; or &#147;discretion&#148;) unless another express standard is provided for, or (iii)&nbsp;in
&#147;good faith&#148; or under another express standard, the General Partner or such Affiliate shall act
under such express standard and shall not be subject to any other or different standards imposed by
this Agreement, the Operating Company Agreement, any other limited liability company or partnership
agreement of any other Group Member, any other agreement contemplated hereby or under the Delaware
Act or any other law, rule or regulation. In addition, any actions taken by the General Partner or
such Affiliate consistent with the standards of &#147;reasonable discretion&#148; set forth in the
definitions of Available Cash or Operating Surplus shall not constitute a breach of any duty of the
General Partner to the Partnership or the Limited Partners. The General Partner shall have no duty,
express or implied, to sell or otherwise dispose of any asset of the Partnership Group other than
in the ordinary course of business. No borrowing by any Group Member or the approval thereof by the
General Partner shall be deemed to constitute a breach of any duty of the General Partner to the
Partnership or the Limited Partners by reason of the fact that the purpose or effect of such
borrowing is directly or indirectly to enable distributions to the General Partner or its
Affiliates (including in their capacities as Limited Partners).
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Whenever a particular transaction, arrangement or resolution of a conflict of interest is
required under this Agreement to be &#147;fair and reasonable&#148; to any Person, the fair and reasonable
nature of such transaction, arrangement or resolution shall be considered in the context of all
similar or related transactions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;The Unitholders hereby authorize the General Partner, on behalf of the Partnership as a
partner or member of a Group Member, to approve of actions by the general partner or managing
member of such Group Member similar to those actions permitted to be taken by the General Partner
pursuant to this Section&nbsp;7.9.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.10 <I>Other Matters Concerning the General Partner</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The General Partner may rely and shall be protected in acting or refraining from acting
upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent,
order, bond, debenture or other paper or document believed by it to be genuine and to have been
signed or presented by the proper party or parties.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The General Partner may consult with legal counsel, accountants, appraisers, management
consultants, investment bankers and other consultants and advisers selected by it, and any act
taken or omitted to be taken in reliance upon the opinion (including an Opinion of Counsel) of such
Persons as to matters that the General Partner reasonably believes to be within such Person&#146;s
professional or expert competence shall be conclusively presumed to have been done or omitted in
good faith and in accordance with such opinion.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The General Partner shall have the right, in respect of any of its powers or obligations
hereunder, to act through any of its duly authorized officers, a duly appointed attorney or
attorneys-in-fact or the duly authorized officers of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Any standard of care and duty imposed by this Agreement or under the Delaware Act or any
applicable law, rule or regulation shall be modified, waived or limited, to the extent permitted by
law, as required to permit the General Partner to act under this Agreement or any other agreement
contemplated by this Agreement and to make any decision pursuant to the authority prescribed in
this Agreement, so long as such action is reasonably believed by the General Partner to be in, or
not inconsistent with, the best interests of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.11 <I>Purchase or Sale of Partnership Securities</I>. The General Partner may cause the
Partnership to purchase or otherwise acquire Partnership Securities. As long as Partnership
Securities are held by any Group Member, such Partnership Securities shall not be considered
Outstanding for any purpose, except as otherwise provided herein. The General Partner or any of
Affiliate of the General Partner may also purchase or otherwise acquire and sell or otherwise
dispose of Partnership Securities for its own account, subject to the provisions of Articles IV and
X.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.12 <I>Registration Rights of the General Partner and its Affiliates</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;If (i)&nbsp;the General Partner or any Affiliate of the General Partner (including for purposes
of this Section&nbsp;7.12, any Person that was an Affiliate of the General Partner at the
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Closing Date, notwithstanding that it may later cease to be an Affiliate of the General
Partner or Adena) holds Partnership Securities that it desires to sell and (ii)&nbsp;Rule&nbsp;144 of the
Securities Act (or any successor rule or regulation to Rule&nbsp;144) or another exemption from
registration is not available to enable such holder of Partnership Securities (the &#147;Holder&#148;) to
dispose of the number of Partnership Securities it desires to sell at the time it desires to do so
without registration under the Securities Act, then at the option and upon the request of the
Holder, the Partnership shall file with the Commission as promptly as practicable after receiving
such request, and use all commercially reasonable efforts to cause to become effective and remain
effective for a period of not less than six months following its effective date or such shorter
period as shall terminate when all Partnership Securities covered by such registration statement
have been sold, a registration statement under the Securities Act registering the offering and sale
of the number of Partnership Securities specified by the Holder; <I>provided</I>, <I>however</I>, that the
Partnership shall not be required to effect more than two registrations pursuant to Section&nbsp;7.12(a)
and Section&nbsp;7.12(b) at the request of Adena or more than one registration pursuant to Section
7.12(a) and Section&nbsp;7.12(b) at the request of each of Western Pocahontas, Great Northern and New
Gauley; and provided further, however, that if the Conflicts Committee determines that the
requested registration would be materially detrimental to the Partnership and its Partners because
such registration would (x)&nbsp;materially interfere with a significant acquisition, reorganization or
other similar transaction involving the Partnership, (y)&nbsp;require premature disclosure of material
information that the Partnership has a bona fide business purpose for preserving as confidential or
(z)&nbsp;render the Partnership unable to comply with requirements under applicable securities laws,
then the Partnership shall have the right to postpone such requested registration for a period of
not more than three months after receipt of the Holder&#146;s request, such right pursuant to this
Section&nbsp;7.12(a) or Section&nbsp;7.12(b) not to be utilized more than twice in any twelve-month period.
Except as provided in the preceding sentence, the Partnership shall be deemed not to have used all
commercially reasonable efforts to keep the registration statement effective during the applicable
period if it voluntarily takes any action that would result in Holders of Partnership Securities
covered thereby not being able to offer and sell such Partnership Securities at any time during
such period, unless such action is required by applicable law. In connection with any registration
pursuant to the first sentence of this Section&nbsp;7.12(a), the Partnership shall (i)&nbsp;promptly prepare
and file (A)&nbsp;such documents as may be necessary to register or qualify the securities subject to
such registration under the securities laws of such states as the Holder shall reasonably request;
<I>provided</I>, <I>however</I>, that no such qualification shall be required in any jurisdiction where, as a
result thereof, the Partnership would become subject to general service of process or to taxation
or qualification to do business as a foreign corporation or partnership doing business in such
jurisdiction solely as a result of such registration, and (B)&nbsp;such documents as may be necessary to
apply for listing or to list the Partnership Securities subject to such registration on such
National Securities Exchange as the Holder shall reasonably request, and (ii)&nbsp;do any and all other
acts and things that may reasonably be necessary or appropriate to enable the Holder to consummate
a public sale
of such Partnership Securities in such states. Except as set forth in Section
7.12(d), all costs and expenses of any such registration and offering (other than the underwriting
discounts and commissions, if any) shall be paid by the Partnership, without reimbursement by the
Holder.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;If any Holder holds Partnership Securities that it desires to sell and Rule&nbsp;144 of the
Securities Act (or any successor rule or regulation to Rule&nbsp;144) or another exemption from
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">registration is not available to enable such Holder to dispose of the number of Partnership
Securities it desires to sell at the time it desires to do so without registration under the
Securities Act, then at the option and upon the request of the Holder, the Partnership shall file
with the Commission as promptly as practicable after receiving such request, and use all reasonable
efforts to cause to become effective and remain effective for a period of not less than six months
following its effective date or such shorter period as shall terminate when all Partnership
Securities covered by such shelf registration statement have been sold, a &#147;shelf&#148; registration
statement covering the Partnership Securities specified by the Holder on an appropriate form under
Rule&nbsp;415 under the Securities Act, or any similar rule that may be adopted by the Commission;
<I>provided</I>, <I>however</I>, that the Partnership shall not be required to effect more than two registrations
pursuant to Section&nbsp;7.12(a) and Section&nbsp;7.12(b) at the request of Adena or more than one
registration pursuant to Section&nbsp;7.12(a) and Section&nbsp;7.12(b) at the request of each of Western
Pocahontas, Great Northern and New Gauley; and provided further, however, that if the Conflicts
Committee determines in good faith that any offering under, or the use of any prospectus forming a
part of, the shelf registration statement would be materially detrimental to the Partnership and
its Partners because such offering or use would (x)&nbsp;materially interfere with a significant
acquisition, reorganization or other similar transaction involving the Partnership, (y)&nbsp;require
premature disclosure of material information that the Partnership has a bona fide business purpose
for preserving as confidential or (z)&nbsp;render the Partnership unable to comply with requirements
under applicable securities laws, then the Partnership shall have the right to suspend such
offering or use for a period of not more than six months after receipt of the Holder&#146;s request,
such right pursuant to Section&nbsp;7.12(a) or this Section&nbsp;7.12(b) not to be utilized more than twice
in any twelve-month period. Except as provided in the preceding sentence, the Partnership shall be
deemed not to have used all reasonable efforts to keep the shelf registration statement effective
during the applicable period if it voluntarily takes any action that would result in Holders of
Partnership Securities covered thereby not being able to offer and sell such Partnership Securities
at any time during such period, unless such action is required by applicable law. In connection
with any shelf registration pursuant to this Section&nbsp;7.12(b), the Partnership shall (i)&nbsp;promptly
prepare and file (A)&nbsp;such documents as may be necessary to register or qualify the securities
subject to such shelf registration under the securities laws of such states as the Holder shall
reasonably request; <I>provided</I>, <I>however</I>, that no such qualification shall be required in any
jurisdiction where, as a result thereof, the Partnership would become subject to general service of
process or to taxation or qualification to do business as a foreign corporation or partnership
doing business in such jurisdiction solely as a result of such shelf registration, and (B)&nbsp;such
documents as may be necessary to apply for listing or to list the Partnership Securities subject to
such shelf registration on such National Securities Exchange as the Holder shall reasonably
request, and (ii)&nbsp;do any and all other acts and things that may be necessary or appropriate to
enable the Holder to consummate a public sale of such Partnership Securities in such states. Except
as set forth in Section&nbsp;7.12(d), all costs and expenses of any such shelf registration and offering
(other than the underwriting discounts and commissions, if any) shall be paid by the Partnership,
without reimbursement by the Holder.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;If the Partnership shall at any time propose to file a registration statement under the
Securities Act for an offering of equity securities of the Partnership for cash (other than an
offering relating solely to an employee benefit plan), the Partnership shall use all reasonable
efforts to provide notice of its intention to file such registration statement and shall use all
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">reasonable efforts to include such number or amount of securities held by the Holder in such
registration statement as the Holder shall request; provided, that the Partnership is not
required to make any effort or take any action to so include the securities of the Holder once the
registration statement is declared effective by the Commission, including any registration
statement providing for the offering from time to time of securities pursuant to Rule&nbsp;415 of the
Securities Act or any similar rule that may be adopted by the Commission. If the proposed offering
pursuant to this Section&nbsp;7.12(c) shall be an underwritten offering, then, in the event that the
managing underwriter or managing underwriters of such offering advise the Partnership and the
Holder in writing that in their opinion the inclusion of all or some of the Holder&#146;s Partnership
Securities would adversely and materially affect the success of the offering, the Partnership shall
include in such offering only that number or amount, if any, of securities held by the Holder that,
in the opinion of the managing underwriter or managing underwriters, will not so adversely and
materially affect the offering. Except as set forth in Section&nbsp;7.12(d), all costs and expenses of
any such registration and offering (other than the underwriting discounts and commissions) shall be
paid by the Partnership, without reimbursement by the Holder.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;If underwriters are engaged in connection with any registration referred to in this
Section&nbsp;7.12, the Partnership shall provide indemnification, representations, covenants, opinions
and other assurance to the underwriters in form and substance reasonably satisfactory to such
underwriters. Further, in addition to and not in limitation of the Partnership&#146;s obligation under
Section&nbsp;7.7, the Partnership shall, to the fullest extent permitted by law, indemnify and hold
harmless the Holder, its officers, directors and each Person who controls the Holder (within the
meaning of the Securities Act) and any agent thereof (collectively, &#147;Indemnified Persons&#148;) from and
against any and all losses, claims, damages, liabilities, joint or several, expenses (including
legal fees and expenses), judgments, fines, penalties, interest, settlements or other amounts
arising from any and all claims, demands, actions, suits or proceedings, whether civil, criminal,
administrative or investigative, in which any Indemnified Person may be involved, or is threatened
to be involved, as a party or otherwise under the Securities Act or otherwise (hereinafter referred
to in this Section&nbsp;7.12(d) as a &#147;claim&#148; and in the plural as &#147;claims&#148;) based upon, arising out of
or resulting from any untrue statement or alleged untrue statement of any material fact contained
in any registration statement under which any Partnership Securities were registered under the
Securities Act or any state securities or Blue Sky laws, in any preliminary prospectus (if used
prior to the effective date of such registration statement), or in any summary or final prospectus
or in any amendment or supplement thereto (if used during the period the Partnership is required to
keep the registration statement current), or arising out of, based upon or resulting from the
omission or alleged omission to state therein a material fact required to be stated therein or
necessary to make the statements made therein not misleading; <I>provided</I>, <I>however</I>, that the
Partnership shall not be liable to any Indemnified Person to the extent that any such claim arises
out of, is based upon or results from an untrue statement or alleged untrue statement or omission
or alleged omission made in such registration statement, such preliminary, summary or final
prospectus or such amendment or supplement, in reliance upon and in conformity with written
information furnished to the Partnership by or on behalf of such Indemnified Person specifically
for use in the preparation thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;The provisions of Section&nbsp;7.12(a), Section&nbsp;7.12(b) and Section&nbsp;7.12(c) shall continue to
be applicable with respect to the General Partner (and any of the General Partner&#146;s
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Affiliates)
after it ceases to be a general partner of the Partnership, during a period of two years
subsequent to the effective date of such cessation and for so long thereafter as is required
for the Holder to sell all of the Partnership Securities with respect to which it has requested
during such two-year period inclusion in a registration statement otherwise filed or that a
registration statement be filed; <I>provided</I>, <I>however</I>, that the Partnership shall not be required to
file successive registration statements covering the same Partnership Securities for which
registration was demanded during such two-year period. The provisions of Section&nbsp;7.12(d) shall
continue in effect thereafter.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;The rights to cause the Partnership to register Partnership Securities pursuant to this
Section&nbsp;7.12 may be assigned (but only with all related obligations) by a Holder to a transferee or
assignee of such Partnership Securities, provided (i)&nbsp;the Partnership is, within a reasonable time
after such transfer, furnished with written notice of the name and address of such transferee or
assignee and the Partnership Securities with respect to which such registration rights are being
assigned; and (ii)&nbsp;such transferee or assignee agrees in writing to be bound by and subject to the
terms set forth in this Section&nbsp;7.12.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;Any request to register Partnership Securities pursuant to this Section&nbsp;7.12 shall (i)
specify the Partnership Securities intended to be offered and sold by the Person making the
request, (ii)&nbsp;express such Person&#146;s present intent to offer such Partnership Securities for
distribution, (iii)&nbsp;describe the nature or method of the proposed offer and sale of Partnership
Securities, and (iv)&nbsp;contain the undertaking of such Person to provide all such information and
materials and take all action as may be required in order to permit the Partnership to comply with
all applicable requirements in connection with the registration of such Partnership Securities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;7.13 <I>Reliance by Third Parties</I>. Notwithstanding anything to the contrary in this
Agreement, any Person dealing with the Partnership shall be entitled to assume that the General
Partner and any officer of the General Partner authorized by the General Partner to act on behalf
of and in the name of the Partnership has full power and authority to encumber, sell or otherwise
use in any manner any and all assets of the Partnership and to enter into any authorized contracts
on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner or
any such officer as if it were the Partnership&#146;s sole party in interest, both legally and
beneficially. Each Limited Partner hereby waives any and all defenses or other remedies that may be
available against such Person to contest, negate or disaffirm any action of the General Partner or
any such officer in connection with any such dealing. In no event shall any Person dealing with the
General Partner or any such officer or its representatives be obligated to ascertain that the terms
of this Agreement have been complied with or to inquire into the necessity or expedience of any act
or action of the General Partner or any such officer or its representatives. Each and every
certificate, document or other instrument executed on behalf of the Partnership by the General
Partner or its representatives shall be conclusive evidence in favor of any and every Person
relying thereon or claiming thereunder that (a)&nbsp;at the time of the execution and delivery of such
certificate, document or instrument, this Agreement was in full force and effect, (b)&nbsp;the Person
executing and delivering such certificate, document or instrument was duly authorized and empowered
to do so for and on behalf of the Partnership and (c)&nbsp;such certificate, document or instrument was
duly executed and delivered in accordance with the terms and provisions of this Agreement and is
binding upon the Partnership.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE VIII</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>BOOKS, RECORDS, ACCOUNTING AND REPORTS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;8.1 <I>Records and Accounting</I>. The General Partner shall keep or cause to be kept at the
principal office of the Partnership appropriate books and records with respect to the Partnership&#146;s
business, including all books and records necessary to provide to the Limited Partners any
information required to be provided pursuant to Section&nbsp;3.4(a). Any books and records maintained by
or on behalf of the Partnership in the regular course of its business, including the record of the
Record Holders and Assignees of Units or other Partnership Securities, books of account and records
of Partnership proceedings, may be kept on, or be in the form of, computer disks, hard drives,
punch cards, magnetic tape, photographs, micrographics or any other information storage device;
provided, that the books and records so maintained are convertible into clearly legible written
form within a reasonable period of time. The books of the Partnership shall be maintained, for
financial reporting purposes, on an accrual basis in accordance with U.S. GAAP.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;8.2 <I>Fiscal Year</I>. The fiscal year of the Partnership shall be a fiscal year ending
December&nbsp;31.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;8.3 <I>Reports</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;As soon as practicable, but in no event later than 120&nbsp;days after the close of each fiscal
year of the Partnership, the General Partner shall cause to be mailed or made available to each
Record Holder of a Unit as of a date selected by the General Partner in its discretion, an annual
report containing financial statements of the Partnership for such fiscal year of the Partnership,
presented in accordance with U.S. GAAP, including a balance sheet and statements of operations,
Partnership equity and cash flows, such statements to be audited by a firm of independent public
accountants selected by the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;As soon as practicable, but in no event later than 90&nbsp;days after the close of each Quarter
except the last Quarter of each fiscal year, the General Partner shall cause to be mailed or made
available to each Record Holder of a Unit, as of a date selected by the General Partner in its
discretion, a report containing unaudited financial statements of the Partnership and such other
information as may be required by applicable law, regulation or rule of any National Securities
Exchange on which the Units are listed for trading, or as the General Partner determines to be
necessary or appropriate.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE IX</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>TAX MATTERS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;9.1 <I>Tax Returns and Information</I>. The Partnership shall timely file all returns of the
Partnership that are required for federal, state and local income tax purposes on the basis of the
accrual method and a taxable year ending on December&nbsp;31. The tax information reasonably required by
Record Holders for federal and state income tax reporting purposes with respect to a taxable year
shall be furnished to them within 90&nbsp;days of the close of the calendar
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">year in which the Partnership&#146;s taxable year ends. The classification, realization and
recognition of income, gain, losses and deductions and other items shall be on the accrual method
of accounting for federal income tax purposes.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;9.2 <I>Tax Elections</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The Partnership shall make the election under Section&nbsp;754 of the Code in accordance with
applicable regulations thereunder, subject to the reservation of the right to seek to revoke any
such election upon the General Partner&#146;s determination that such revocation is in the best
interests of the Limited Partners. Notwithstanding any other provision herein contained, for the
purposes of computing the adjustments under Section 743(b) of the Code, the General Partner shall
be authorized (but not required) to adopt a convention whereby the price paid by a transferee of a
Limited Partner Interest will be deemed to be the lowest quoted closing price of the Limited
Partner Interests on any National Securities Exchange on which such Limited Partner Interests are
traded during the calendar month in which such transfer is deemed to occur pursuant to Section
6.2(g) without regard to the actual price paid by such transferee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The Partnership shall elect to deduct expenses incurred in organizing the Partnership
ratably over a sixty-month period as provided in Section&nbsp;709 of the Code.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Except as otherwise provided herein, the General Partner shall determine whether the
Partnership should make any other elections permitted by the Code.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;9.3 <I>Tax Controversies</I>. Subject to the provisions hereof, the General Partner is
designated as the Tax Matters Partner (as defined in the Code) and is authorized and required to
represent the Partnership (at the Partnership&#146;s expense) in connection with all examinations of the
Partnership&#146;s affairs by tax authorities, including resulting administrative and judicial
proceedings, and to expend Partnership funds for professional services and costs associated
therewith. Each Partner agrees to cooperate with the General Partner and to do or refrain from
doing any or all things reasonably required by the General Partner to conduct such proceedings.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;9.4 <I>Withholding</I>. Notwithstanding any other provision of this Agreement, the General
Partner is authorized to take any action that it determines in its discretion to be necessary or
appropriate to cause the Partnership and the other Group Members to comply with any withholding
requirements established under the Code or any other federal, state or local law including, without
limitation, pursuant to Sections&nbsp;1441, 1442, 1445 and 1446 of the Code. To the extent that the
Partnership is required or elects to withhold and pay over to any taxing authority any amount
resulting from the allocation or distribution of income to any Partner or Assignee (including,
without limitation, by reason of Section&nbsp;1446 of the Code), the amount withheld may at the
discretion of the General Partner be treated by the Partnership as a distribution of cash pursuant
to Section&nbsp;6.3 in the amount of such withholding from such Partner.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE X</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ADMISSION OF PARTNERS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;10.1 <I>Admission of Substituted Limited Partner</I>. By transfer of a Limited Partner
Interest in accordance with Article&nbsp;IV, the transferor shall be deemed to have given the transferee
the right to seek admission as a Substituted Limited Partner subject to the conditions of, and in
the manner permitted under, this Agreement. A transferor of a Certificate representing a Limited
Partner Interest shall, however, only have the authority to convey to a purchaser or other
transferee who does not execute and deliver a Transfer Application (a)&nbsp;the right to negotiate such
Certificate to a purchaser or other transferee and (b)&nbsp;the right to transfer the right to request
admission as a Substituted Limited Partner to such purchaser or other transferee in respect of the
transferred Limited Partner Interests. Each transferee of a Limited Partner Interest (including any
nominee holder or an agent acquiring such Limited Partner Interest for the account of another
Person) who executes and delivers a Transfer Application shall, by virtue of such execution and
delivery, be an Assignee and be deemed to have applied to become a Substituted Limited Partner with
respect to the Limited Partner Interests so transferred to such Person. Such Assignee shall be
admitted to the Partnership as a Substituted Limited Partner when any such admission is reflected
on the books and records of the Partnership, which the General Partner shall cause to be done no
less frequently than quarterly. An Assignee shall have an interest in the Partnership equivalent to
that of a Limited Partner with respect to allocations and distributions, including liquidating
distributions, of the Partnership. With respect to voting rights attributable to Limited Partner
Interests that are held by Assignees, the General Partner shall be deemed to be the Limited Partner
with respect thereto and shall, in exercising the voting rights in respect of such Limited Partner
Interests on any matter, vote such Limited Partner Interests at the written direction of the
Assignee who is the Record Holder of such Limited Partner Interests. If no such written direction
is received, such Limited Partner Interests will not be voted. An Assignee shall have no other
rights of a Limited Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;10.2 <I>Admission of Successor General Partner</I>. A successor General Partner approved
pursuant to Section&nbsp;11.1 or 11.2 or the transferee of or successor to all of the General Partner
Interest pursuant to Section&nbsp;4.6 who is proposed to be admitted as a successor General Partner
shall be admitted to the Partnership as the General Partner, effective immediately prior to the
withdrawal or removal of the predecessor or transferring General Partner, pursuant to Section&nbsp;11.1
or 11.2 or the transfer of the General Partner Interest pursuant to Section&nbsp;4.6, <I>provided</I>, <I>however</I>,
that no such successor shall be admitted to the Partnership until compliance with the terms of
Section&nbsp;4.6 has occurred and such successor has executed and delivered such other documents or
instruments as may be required to effect such admission. Any such successor shall, subject to the
terms hereof, carry on the business of the members of the Partnership Group without dissolution.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;10.3 <I>Admission of Additional Limited Partners</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;A Person (other than the General Partner or a Substituted Limited Partner) who makes a
Capital Contribution to the Partnership in accordance with this Agreement shall be
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">admitted to the Partnership as an Additional Limited Partner only upon furnishing to the
General Partner
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) evidence of acceptance in form satisfactory to the General Partner of all of the
terms and conditions of this Agreement, including the power of attorney granted in Section
2.6, and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) such other documents or instruments as may be required in the discretion of the
General Partner to effect such Person&#146;s admission as an Additional Limited Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Notwithstanding anything to the contrary in this Section&nbsp;10.3, no Person shall be admitted
as an Additional Limited Partner without the consent of the General Partner, which consent may be
given or withheld in the General Partner&#146;s discretion. The admission of any Person as an Additional
Limited Partner shall become effective on the date upon which the name of such Person is recorded
as such in the books and records of the Partnership, following the consent of the General Partner
to such admission.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;10.4 <I>Amendment of Agreement and Certificate of Limited Partnership</I>. To effect the
admission to the Partnership of any Partner, the General Partner shall take all steps necessary and
appropriate under the Delaware Act to amend the records of the Partnership to reflect such
admission and, if necessary, to prepare as soon as practicable an amendment to this Agreement and,
if required by law, the General Partner shall prepare and file an amendment to the Certificate of
Limited Partnership, and the General Partner may for this purpose, among others, exercise the power
of attorney granted pursuant to Section&nbsp;2.6.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE XI</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>WITHDRAWAL OR REMOVAL OF PARTNERS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;11.1 <I>Withdrawal of the General Partner</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The General Partner shall be deemed to have withdrawn from the Partnership upon the
occurrence of any one of the following events (each such event herein referred to as an &#147;Event of
Withdrawal&#148;);
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The General Partner voluntarily withdraws from the Partnership by giving written
notice to the other Partners;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The General Partner transfers all of its rights as General Partner pursuant to
Section&nbsp;4.6;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) The General Partner is removed pursuant to Section&nbsp;11.2;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) The General Partner (A)&nbsp;makes a general assignment for the benefit of creditors;
(B)&nbsp;files a voluntary bankruptcy petition for relief under Chapter&nbsp;7 of the United States
Bankruptcy Code; (C)&nbsp;files a petition or answer seeking for itself a
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">liquidation, dissolution or similar relief (but not a reorganization) under any law;
(D)&nbsp;files an answer or other pleading admitting or failing to contest the material
allegations of a petition filed against the General Partner in a proceeding of the type
described in clauses (A)-(C) of this Section&nbsp;11.1(a)(iv); or (E)&nbsp;seeks, consents to or
acquiesces in the appointment of a trustee (but not a debtor-in-possession), receiver or
liquidator of the General Partner or of all or any substantial part of its properties;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) A final and non-appealable order of relief under Chapter&nbsp;7 of the United States
Bankruptcy Code is entered by a court with appropriate jurisdiction pursuant to a voluntary
or involuntary petition by or against the General Partner; or
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) (A)&nbsp;in the event the General Partner is a corporation, a certificate of
dissolution or its equivalent is filed for the General Partner, or 90&nbsp;days expire after the
date of notice to the General Partner of revocation of its charter without a reinstatement
of its charter, under the laws of its state of incorporation; (B)&nbsp;in the event the General
Partner is a partnership or a limited liability company, the dissolution and commencement of
winding up of the General Partner; (C)&nbsp;in the event the General Partner is acting in such
capacity by virtue of being a trustee of a trust, the termination of the trust; (D)&nbsp;in the
event the General Partner is a natural person, his death or adjudication of incompetency;
and (E)&nbsp;otherwise in the event of the termination of the General Partner.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">If an Event of Withdrawal specified in Section&nbsp;11.1(a)(iv), (v)&nbsp;or (vi)(A), (B), (C)&nbsp;or (E)&nbsp;occurs,
the withdrawing General Partner shall give notice to the Limited Partners within 30&nbsp;days after such
occurrence. The Partners hereby agree that only the Events of Withdrawal described in this Section
11.1 shall result in the withdrawal of the General Partner from the Partnership.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Withdrawal of the General Partner from the Partnership upon the occurrence of an Event of
Withdrawal shall not constitute a breach of this Agreement under the following circumstances: (i)
at any time during the period beginning on the Closing Date and ending at 12:00 midnight, Eastern
Standard Time, on September&nbsp;30, 2012, the General Partner voluntarily withdraws by giving at least
90&nbsp;days advance notice of its intention to withdraw to the Limited Partners; provided that prior to
the effective date of such withdrawal, the withdrawal is approved by Unitholders holding at least a
majority of the Outstanding Common Units (excluding Common Units held by the General Partner and
its Affiliates) and the General Partner delivers to the Partnership an Opinion of Counsel
(&#147;Withdrawal Opinion of Counsel&#148;) that such withdrawal (following the selection of the successor
General Partner) would not result in the loss of the limited liability of any Limited Partner or
any Group Member or cause any Group Member to be treated as an association taxable as a corporation
or otherwise to be taxed as an entity for federal income tax purposes (to the extent not previously
treated as such); (ii)&nbsp;at any time after 12:00 midnight, Eastern Standard Time, on September&nbsp;30,
2012, the General Partner voluntarily withdraws by giving at least 90&nbsp;days advance notice to the
Unitholders, such withdrawal to take effect on the date specified in such notice; (iii)&nbsp;at any time
that the General Partner ceases to be the General Partner pursuant to Section&nbsp;11.1(a)(ii) or is
removed pursuant to Section&nbsp;11.2; or (iv)&nbsp;notwithstanding clause (i)&nbsp;of this sentence, at any time
that the General Partner voluntarily withdraws by giving at least 90&nbsp;days advance notice of its
intention to withdraw to the Limited
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Partners, such withdrawal to take effect on the date specified in the notice, if at the time
such notice is given one Person and its Affiliates (other than the General Partner and its
Affiliates) own beneficially or of record or control at least 50% of the Outstanding Units. The
withdrawal of the General Partner from the Partnership upon the occurrence of an Event of
Withdrawal shall also constitute the withdrawal of the General Partner as general partner or
managing member, to the extent applicable, of the other Group Members. If the General Partner gives
a notice of withdrawal pursuant to Section&nbsp;11.1(a)(i), the holders of a Unit Majority, may, prior
to the effective date of such withdrawal, elect a successor General Partner. The Person so elected
as successor General Partner shall automatically become the successor general partner or managing
member, to the extent applicable, of the other Group Members of which the General Partner is a
general partner or a managing member. If, prior to the effective date of the General Partner&#146;s
withdrawal, a successor is not selected by the Unitholders as provided herein or the Partnership
does not receive a Withdrawal Opinion of Counsel, the Partnership shall be dissolved in accordance
with Section&nbsp;12.1. Any successor General Partner elected in accordance with the terms of this
Section&nbsp;11.1 shall be subject to the provisions of Section&nbsp;10.2.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;11.2 <I>Removal of the General Partner</I>. The General Partner may be removed if such
removal is approved by the Unitholders holding at least 66 2/3% of the Outstanding Units (including
Units held by the General Partner and its Affiliates). Any such action by such holders for removal
of the General Partner must also provide for the election of a successor General Partner by the
Unitholders holding a majority of the outstanding Common Units voting as a class (including Units
held by the General Partner and its Affiliates). Such removal shall be effective immediately
following the admission of a successor General Partner pursuant to Section&nbsp;10.2. The removal of the
General Partner shall also automatically constitute the removal of the General Partner as general
partner or managing member, to the extent applicable, of the other Group Members of which the
General Partner is a general partner or a managing member. If a Person is elected as a successor
General Partner in accordance with the terms of this Section&nbsp;11.2, such Person shall, upon
admission pursuant to Section&nbsp;10.2, automatically become a successor general partner or managing
member, to the extent applicable, of the other Group Members of which the General Partner is a
general partner or a managing member. The right of the holders of Outstanding Units to remove the
General Partner shall not exist or be exercised unless the Partnership has received an opinion
opining as to the matters covered by a Withdrawal Opinion of Counsel. Any successor General Partner
elected in accordance with the terms of this Section&nbsp;11.2 shall be subject to the provisions of
Section&nbsp;10.2.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;11.3 <I>Interest of Departing Partner and Successor General Partner</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;In the event of (i)&nbsp;withdrawal of the General Partner under circumstances where such
withdrawal does not violate this Agreement or (ii)&nbsp;removal of the General Partner by the holders of
Outstanding Units under circumstances where Cause does not exist, if the successor General Partner
is elected in accordance with the terms of Section&nbsp;11.1 or 11.2, the Departing Partner shall have
the option, exercisable prior to the effective date of the departure of such Departing Partner, to
require its successor to purchase its General Partner Interest and its general partner interest (or
equivalent interest), if any, in the other Group Members (collectively, the &#147;Combined Interest&#148;) in
exchange for an amount in cash equal to the fair market value of such Combined Interest, such
amount to be determined and payable as of the effective date of its
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">departure. If the General Partner is removed by the Unitholders under circumstances where
Cause exists or if the General Partner withdraws under circumstances where such withdrawal violates
this Agreement, and if a successor General Partner is elected in accordance with the terms of
Section&nbsp;11.1 or 11.2, such successor shall have the option, exercisable prior to the effective date
of the departure of such Departing Partner, to purchase the Combined Interest for such fair market
value of such Combined Interest of the Departing Partner. In either event, the Departing Partner
shall be entitled to receive all reimbursements due such Departing Partner pursuant to Section&nbsp;7.4,
including any employee-related liabilities (including severance liabilities), incurred in
connection with the termination of any employees employed by the Departing Partner for the benefit
of the Partnership or the other Group Members.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of this Section&nbsp;11.3(a), the fair market value of the Departing Partner&#146;s
Combined Interest shall be determined by agreement between the Departing Partner and its successor
or, failing agreement within 30&nbsp;days after the effective date of such Departing Partner&#146;s
departure, by an independent investment banking firm or other independent expert selected by the
Departing Partner and its successor, which, in turn, may rely on other experts, and the
determination of which shall be conclusive as to such matter. If such parties cannot agree upon one
independent investment banking firm or other independent expert within 45&nbsp;days after the effective
date of such departure, then the Departing Partner shall designate an independent investment
banking firm or other independent expert, the Departing Partner&#146;s successor shall designate an
independent investment banking firm or other independent expert, and such firms or experts shall
mutually select a third independent investment banking firm or independent expert, which third
independent investment banking firm or other independent expert shall determine the fair market
value of the Combined Interest of the Departing Partner. In making its determination, such third
independent investment banking firm or other independent expert may consider the then current
trading price of Units on any National Securities Exchange on which Units are then listed, the
value of the Partnership&#146;s assets, the rights and obligations of the Departing Partner and other
factors it may deem relevant.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;If the Combined Interest is not purchased in the manner set forth in Section&nbsp;11.3(a), the
Departing Partner (or its transferee) shall become a Limited Partner and its Combined Interest
shall be converted into Common Units pursuant to a valuation made by an investment banking firm or
other independent expert selected pursuant to Section&nbsp;11.3(a), without reduction in such
Partnership Interest (but subject to proportionate dilution by reason of the admission of its
successor). Any successor General Partner shall indemnify the Departing Partner (or its transferee)
as to all debts and liabilities of the Partnership arising on or after the date on which the
Departing Partner (or its transferee) becomes a Limited Partner. For purposes of this Agreement,
conversion of the Combined Interest of the Departing Partner to Common Units will be characterized
as if the Departing Partner (or its transferee) contributed its Combined Interest to the
Partnership in exchange for the newly issued Common Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;If a successor General Partner is elected in accordance with the terms of Section&nbsp;11.1 or
11.2 and the option described in Section&nbsp;11.3(a) is not exercised by the party entitled to do so,
the successor General Partner shall, at the effective date of its admission to the Partnership,
contribute to the Partnership cash in the amount equal the product of (x)&nbsp;the quotient obtained by
dividing (A)&nbsp;the Percentage Interest of the General Partner Interest of the Departing
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Partner by (B)&nbsp;a percentage equal to 100% less the Percentage Interest of the General Partner
Interest of the Departing Partner and (y)&nbsp;the Net Agreed Value of the Partnership&#146;s assets on such
date. In such event, such successor General Partner shall, subject to the following sentence, be
entitled to its Percentage Interest of all Partnership allocations and distributions to which the
Departing Partner was entitled. In addition, the successor General Partner shall cause this
Agreement to be amended to reflect that, from and after the date of such successor General
Partner&#146;s admission, the successor General Partner&#146;s interest in all Partnership distributions and
allocations shall be its Percentage Interest.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;11.4 <I>Withdrawal of Limited Partners</I>. No Limited Partner shall have any right to
withdraw from the Partnership; <I>provided</I>, <I>however</I>, that when a transferee of a Limited Partner&#146;s
Limited Partner Interest becomes a Record Holder of the Limited Partner Interest so transferred,
such transferring Limited Partner shall cease to be a Limited Partner with respect to the Limited
Partner Interest so transferred.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE XII</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>DISSOLUTION AND LIQUIDATION</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;12.1 <I>Dissolution</I>. The Partnership shall not be dissolved by the admission of
Substituted Limited Partners or Additional Limited Partners or by the admission of a successor
General Partner in accordance with the terms of this Agreement. Upon the removal or withdrawal of
the General Partner, if a successor General Partner is elected pursuant to Section&nbsp;11.1 or 11.2,
the Partnership shall not be dissolved and such successor General Partner shall continue the
business of the Partnership. The Partnership shall dissolve, and (subject to Section&nbsp;12.2) its
affairs shall be wound up, upon:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;an Event of Withdrawal of the General Partner as provided in Section&nbsp;11.1(a) (other than
Section&nbsp;11.1(a)(ii)), unless a successor is elected and an Opinion of Counsel is received as
provided in Section&nbsp;11.1(b) or 11.2 and such successor is admitted to the Partnership pursuant to
Section&nbsp;10.2;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;an election to dissolve the Partnership by the General Partner that is approved by the
holders of a Unit Majority;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;the entry of a decree of judicial dissolution of the Partnership pursuant to the
provisions of the Delaware Act; or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;the sale, exchange or disposition of all or substantially all of the assets and properties
of the Partnership Group.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;12.2 <I>Continuation of the Business of the Partnership After Dissolution</I>. Upon (a)
dissolution of the Partnership following an Event of Withdrawal caused by the withdrawal or removal
of the General Partner as provided in Section&nbsp;11.1(a)(i) or (iii)&nbsp;and the failure of the Partners
to select a successor to such Departing Partner pursuant to Section&nbsp;11.1 or 11.2, then within 90
days thereafter, or (b)&nbsp;dissolution of the Partnership upon an event constituting an Event of
Withdrawal as defined in Section&nbsp;11.1(a)(iv), (v)&nbsp;or (vi), then, to the maximum extent
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">permitted by law, within 180&nbsp;days thereafter, the holders of a Unit Majority may elect to
reconstitute the Partnership and continue its business on the same terms and conditions set forth
in this Agreement by forming a new limited partnership on terms identical to those set forth in
this Agreement and having as the successor General partner a Person approved by the holders of a
Unit Majority. Unless such an election is made within the applicable time period as set forth
above, the Partnership shall conduct only activities necessary to wind up its affairs. If such an
election is so made, then:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the reconstituted Partnership shall continue unless earlier dissolved in accordance
with this Article&nbsp;XII;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) if the successor General Partner is not the former General Partner, then the
interest of the former General Partner shall be treated in the manner provided in Section
11.3; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all necessary steps shall be taken to cancel this Agreement and the Certificate
of Limited Partnership and to enter into and, as necessary, to file a new partnership
agreement and certificate of limited partnership, and the successor General Partner may for
this purpose exercise the powers of attorney granted the General Partner pursuant to Section
2.6; provided, that the right of the holders of a Unit Majority to approve a successor
General Partner and to reconstitute and to continue the business of the Partnership shall
not exist and may not be exercised unless the Partnership has received an Opinion of Counsel
that (x)&nbsp;the exercise of the right would not result in the loss of limited liability of any
Limited Partner and (y)&nbsp;neither the Partnership, the reconstituted limited partnership nor
the Operating Company or any other Group Member would be treated as an association taxable
as a corporation or otherwise be taxable as an entity for federal income tax purposes upon
the exercise of such right to continue.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;12.3 <I>Liquidator</I>. Upon dissolution of the Partnership, unless the Partnership is
continued under an election to reconstitute and continue the Partnership pursuant to Section&nbsp;12.2,
the General Partner shall select one or more Persons to act as Liquidator. The Liquidator (if other
than the General Partner) shall be entitled to receive such compensation for its services as may be
approved by holders of at least a majority of the Outstanding Common Units. The Liquidator (if
other than the General Partner) shall agree not to resign at any time without 15&nbsp;days&#146; prior notice
and may be removed at any time, with or without cause, by notice of removal approved by holders of
at least a majority of the Outstanding Common Units. Upon dissolution, removal or resignation of
the Liquidator, a successor and substitute Liquidator (who shall have and succeed to all rights,
powers and duties of the original Liquidator) shall within 30&nbsp;days thereafter be approved by
holders of at least a majority of the Outstanding Common Units. The right to approve a successor or
substitute Liquidator in the manner provided herein shall be deemed to refer also to any such
successor or substitute Liquidator approved in the manner herein provided. Except as expressly
provided in this Article&nbsp;XII, the Liquidator approved in the manner provided herein shall have and
may exercise, without further authorization or consent of any of the parties hereto, all of the
powers conferred upon the General Partner under the terms of this Agreement (but subject to all of
the applicable limitations, contractual and otherwise, upon the exercise of such powers, other than
the limitation on sale set forth in Section&nbsp;7.3(b)) to the extent necessary
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">or desirable in the good faith judgment of the Liquidator to carry out the duties and
functions of the Liquidator hereunder for and during such period of time as shall be reasonably
required in the good faith judgment of the Liquidator to complete the winding up and liquidation of
the Partnership as provided for herein.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;12.4 <I>Liquidation</I>. The Liquidator shall proceed to dispose of the assets of the
Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over
such period as the Liquidator determines to be in the best interest of the Partners, subject to
Section&nbsp;17-804 of the Delaware Act and the following:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The assets may be disposed of by public or private sale or by distribution in kind to one
or more Partners on such terms as the Liquidator and such Partner or Partners may agree. If any
property is distributed in kind, the Partner receiving the property shall be deemed for purposes of
Section&nbsp;12.4(c) to have received cash equal to its fair market value; and contemporaneously
therewith, appropriate cash distributions must be made to the other Partners. The Liquidator may,
in its absolute discretion, defer liquidation or distribution of the Partnership&#146;s assets for a
reasonable time if it determines that an immediate sale or distribution of all or some of the
Partnership&#146;s assets would be impractical or would cause undue loss to the Partners. The Liquidator
may, in its absolute discretion, distribute the Partnership&#146;s assets, in whole or in part, in kind
if it determines that a sale would be impractical or would cause undue loss to the Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Liabilities of the Partnership include amounts owed to the Liquidator as compensation for
serving in such capacity (subject to the terms of Section&nbsp;12.3) and amounts to Partners otherwise
than in respect of their distribution rights under Article&nbsp;VI. With respect to any liability that
is contingent, conditional or unmatured or is otherwise not yet due and payable, the Liquidator
shall either settle such claim for such amount as it thinks appropriate or establish a reserve of
cash or other assets to provide for its payment. When paid, any unused portion of the reserve shall
be distributed as additional liquidation proceeds.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;All property and all cash in excess of that required to discharge liabilities as provided
in Section&nbsp;12.4(b) shall be distributed to the Partners in accordance with, and to the extent of,
the positive balances in their respective Capital Accounts, as determined after taking into account
all Capital Account adjustments (other than those made by reason of distributions pursuant to this
Section&nbsp;12.4(c)) for the taxable year of the Partnership during which the liquidation of the
Partnership occurs (with such date of occurrence being determined pursuant to Treasury Regulation
Section&nbsp;1.704-1(b)(2)(ii)(g)), and such distribution shall be made by the end of such taxable year
(or, if later, within 90&nbsp;days after said date of such occurrence).
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;12.5 <I>Cancellation of Certificate of Limited Partnership</I>. Upon the completion of the
distribution of Partnership cash and property as provided in Section&nbsp;12.4 in connection with the
liquidation of the Partnership, the Partnership shall be terminated and the Certificate of Limited
Partnership and all qualifications of the Partnership as a foreign limited partnership in
jurisdictions other than the State of Delaware shall be canceled and such other actions as may be
necessary to terminate the Partnership shall be taken.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;12.6 <I>Return of Contributions</I>. The General Partner shall not be personally liable for,
and shall have no obligation to contribute or loan any monies or property to the Partnership to
enable it to effectuate, the return of the Capital Contributions of the Limited Partners or
Unitholders, or any portion thereof, it being expressly understood that any such return shall be
made solely from Partnership assets.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;12.7 <I>Waiver of Partition</I>. To the maximum extent permitted by law, each Partner hereby
waives any right to partition of the Partnership property.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;12.8 <I>Capital Account Restoration</I>. No Limited Partner shall have any obligation to
restore any negative balance in its Capital Account upon liquidation of the Partnership. The
General Partner shall be obligated to restore any negative balance in its Capital Account upon
liquidation of its interest in the Partnership by the end of the taxable year of the Partnership
during which such liquidation occurs, or, if later, within 90&nbsp;days after the date of such
liquidation.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE XIII</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>AMENDMENT OF PARTNERSHIP AGREEMENT; MEETINGS; RECORD DATE</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.1 <I>Amendment to be Adopted Solely by the General Partner</I>. Each Partner agrees that
the General Partner, without the approval of any Partner or Assignee, may amend any provision of
this Agreement and execute, swear to, acknowledge, deliver, file and record whatever documents may
be required in connection therewith, to reflect:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;a change in the name of the Partnership, the location of the principal place of business
of the Partnership, the registered agent of the Partnership or the registered office of the
Partnership;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;admission, substitution, withdrawal or removal of Partners in accordance with this
Agreement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;a change that, in the sole discretion of the General Partner, is necessary or advisable to
qualify or continue the qualification of the Partnership as a limited partnership or a partnership
in which the Limited Partners have limited liability under the laws of any state or to ensure that
the Group Members will not be treated as associations taxable as corporations or otherwise taxed as
entities for federal income tax purposes;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;a change that, in the discretion of the General Partner, (i)&nbsp;does not adversely affect the
Limited Partners (including any particular class of Partnership Interests as compared to other
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">classes of Partnership Interests) in any material respect, (ii)&nbsp;is necessary or advisable to
(A)&nbsp;satisfy any requirements, conditions or guidelines contained in any opinion, directive, order,
ruling or regulation of any federal or state agency or judicial authority or contained in any
federal or state statute (including the Delaware Act) or (B)&nbsp;facilitate the trading of the Units
(including the division of any class or classes of Outstanding Units into different classes to
facilitate uniformity of tax consequences within such classes of Units) or comply with any rule,
regulation, guideline or requirement of any National Securities Exchange on which the Units are or
will be listed for trading, compliance with any of which the General Partner determines in its
discretion to be in the best interests of the Partnership and the Limited Partners, (iii)&nbsp;is
necessary or advisable in connection with action taken by the General Partner pursuant to Section
5.8 or (iv)&nbsp;is required to effect the intent expressed in the Registration Statement or the intent
of the provisions of this Agreement or is otherwise contemplated by this Agreement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;a change in the fiscal year or taxable year of the Partnership and any changes that, in
the discretion of the General Partner, are necessary or advisable as a result of a change in the
fiscal year or taxable year of the Partnership including, if the General Partner shall so
determine, a change in the definition of &#147;Quarter&#148; and the dates on which distributions are to be
made by the Partnership;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;an amendment that is necessary, in the Opinion of Counsel, to prevent the Partnership, or
the General Partner or its directors, officers, trustees or agents from in any manner being
subjected to the provisions of the Investment Company Act of 1940, as amended, the Investment
Advisers Act of 1940, as amended, or &#147;plan asset&#148; regulations adopted under the Employee Retirement
Income Security Act of 1974, as amended, regardless of whether such are substantially similar to
plan asset regulations currently applied or proposed by the United States Department of Labor;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;an amendment that, in the discretion of the General Partner, is necessary or advisable in
connection with the authorization of issuance of any class or series of Partnership Securities
pursuant to Section&nbsp;5.6;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;any amendment expressly permitted in this Agreement to be made by the General Partner
acting alone;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;an amendment effected, necessitated or contemplated by a Merger Agreement approved in
accordance with Section&nbsp;14.3;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)&nbsp;an amendment that, in the discretion of the General Partner, is necessary or advisable to
reflect, account for and deal with appropriately the formation by the Partnership of, or investment
by the Partnership in, any corporation, partnership, joint venture, limited liability company or
other entity, in connection with the conduct by the Partnership of activities permitted by the
terms of Section&nbsp;2.4;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k)&nbsp;a merger or conveyance pursuant to Section&nbsp;14.3(d); or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l)&nbsp;any other amendments substantially similar to the foregoing.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.2 <I>Amendment Procedures</I>. Except as provided in Sections&nbsp;13.1 and 13.3, all
amendments to this Agreement shall be made in accordance with the following requirements.
Amendments to this Agreement may be proposed only by or with the consent of the General Partner
which consent may be given or withheld in its sole discretion. A proposed amendment shall be
effective upon its approval by the holders of a Unit Majority, unless a greater or different
percentage is required under this Agreement or by Delaware law. Each proposed amendment that
requires the approval of the holders of a specified percentage of Outstanding Units shall be set
forth in a writing that contains the text of the proposed amendment. If such an amendment is
proposed, the General Partner shall seek the written approval of the requisite percentage of
Outstanding Units or call a meeting of the Unitholders to consider and vote on such proposed
amendment. The General Partner shall notify all Record Holders upon final adoption of any such
proposed amendments.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.3 <I>Amendment Requirements</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Notwithstanding the provisions of Sections&nbsp;13.1 and 13.2, no provision of this Agreement
that establishes a percentage of Outstanding Units (including Units deemed owned by the General
Partner) required to take any action shall be amended, altered, changed, repealed or rescinded in
any respect that would have the effect of reducing such voting percentage unless such amendment is
approved by the written consent or the affirmative vote of holders of Outstanding Units whose
aggregate Outstanding Units constitute not less than the voting requirement sought to be reduced.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Notwithstanding the provisions of Sections&nbsp;13.1 and 13.2, no amendment to this Agreement
may (i)&nbsp;enlarge the obligations of any Limited Partner without its consent, unless such shall be
deemed to have occurred as a result of an amendment approved pursuant to Section&nbsp;13.3(c), (ii)
enlarge the obligations of, restrict in any way any action by or rights of, or reduce in any way
the amounts distributable, reimbursable or otherwise payable to, the General Partner or any of its
Affiliates without its consent, which consent may be given or withheld in its sole discretion,
(iii)&nbsp;change Section&nbsp;12.1(b), or (iv)&nbsp;change the term of the Partnership or, except as set forth in
Section&nbsp;12.1(b), give any Person the right to dissolve the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Except as provided in Section&nbsp;14.3, and without limitation of the General Partner&#146;s
authority to adopt amendments to this Agreement without the approval of any Partners or Assignees
as contemplated in Section&nbsp;13.1, any amendment that would have a material adverse effect on the
rights or preferences of any class of Partnership Interests in relation to other classes of
Partnership Interests must be approved by the holders of not less than a majority of the
Outstanding Partnership Interests of the class affected.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Notwithstanding any other provision of this Agreement, except for amendments pursuant to
Section&nbsp;13.1 and except as otherwise provided by Section&nbsp;14.3(b), no amendments shall become
effective without the approval of the holders of at least 90% of the Outstanding Units voting as a
single class unless the Partnership obtains an Opinion of Counsel to the effect that such amendment
will not affect the limited liability of any Limited Partner under applicable law.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;Except as provided in Section&nbsp;13.1, this Section&nbsp;13.3 shall only be amended with the
approval of the holders of at least 90% of the Outstanding Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.4 <I>Special Meetings</I>. All acts of Limited Partners to be taken pursuant to this
Agreement shall be taken in the manner provided in this Article&nbsp;XIII. Special meetings of the
Limited Partners may be called by the General Partner or by Limited Partners owning 20% or more of
the Outstanding Units of the class or classes for which a meeting is proposed. Limited Partners
shall call a special meeting by delivering to the General Partner one or more requests in writing
stating that the signing Limited Partners wish to call a special meeting and indicating the general
or specific purposes for which the special meeting is to be called. Within 60&nbsp;days after receipt of
such a call from Limited Partners or within such greater time as may be reasonably necessary for
the Partnership to comply with any statutes, rules, regulations, listing agreements or similar
requirements governing the holding of a meeting or the solicitation of proxies for use at such a
meeting, the General Partner shall send a notice of the meeting to the Limited Partners either
directly or indirectly through the Transfer Agent. A meeting shall be held at a time and place
determined by the General Partner on a date not less than 10&nbsp;days nor more than 60&nbsp;days after the
mailing of notice of the meeting. Limited Partners shall not vote on matters that would cause the
Limited Partners to be deemed to be taking part in the management and control of the business and
affairs of the Partnership so as to jeopardize the Limited Partners&#146; limited liability under the
Delaware Act or the law of any other state in which the Partnership is qualified to do business.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.5 <I>Notice of a Meeting</I>. Notice of a meeting called pursuant to Section&nbsp;13.4 shall
be given to the Record Holders of the class or classes of Units for which a meeting is proposed in
writing by mail or other means of written communication in accordance with Section&nbsp;16.1. The notice
shall be deemed to have been given at the time when deposited in the mail or sent by other means of
written communication.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.6 <I>Record Date</I>. For purposes of determining the Limited Partners entitled to notice
of or to vote at a meeting of the Limited Partners or to give approvals without a meeting as
provided in Section&nbsp;13.11 the General Partner may set a Record Date, which shall not be less than
10 nor more than 60&nbsp;days before (a)&nbsp;the date of the meeting (unless such requirement conflicts with
any rule, regulation, guideline or requirement of any National Securities Exchange on which the
Units are listed for trading, in which case the rule, regulation, guideline or requirement of such
exchange shall govern) or (b)&nbsp;in the event that approvals are sought without a meeting, the date by
which Limited Partners are requested in writing by the General Partner to give such approvals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.7 <I>Adjournment</I>. When a meeting is adjourned to another time or place, notice need
not be given of the adjourned meeting and a new Record Date need not be fixed, if the time and
place thereof are announced at the meeting at which the adjournment is taken, unless such
adjournment shall be for more than 45&nbsp;days. At the adjourned meeting, the Partnership may transact
any business which might have been transacted at the original meeting. If the adjournment is for
more than 45&nbsp;days or if a new Record Date is fixed for the adjourned meeting, a notice of the
adjourned meeting shall be given in accordance with this Article&nbsp;XIII.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.8 <I>Waiver of Notice; Approval of Meeting; Approval of Minutes</I>. The transactions of
any meeting of Limited Partners, however called and noticed, and whenever held, shall be as valid
as if it had occurred at a meeting duly held after regular call and notice, if a quorum is present
either in person or by proxy, and if, either before or after the meeting, Limited Partners
representing such quorum who were present in person or by proxy and entitled to vote, sign a
written waiver of notice or an approval of the holding of the meeting or an approval of the minutes
thereof. All waivers and approvals shall be filed with the Partnership records or made a part of
the minutes of the meeting. Attendance of a Limited Partner at a meeting shall constitute a waiver
of notice of the meeting, except when the Limited Partner does not approve, at the beginning of the
meeting, of the transaction of any business because the meeting is not lawfully called or convened;
and except that attendance at a meeting is not a waiver of any right to disapprove the
consideration of matters required to be included in the notice of the meeting, but not so included,
if the disapproval is expressly made at the meeting.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.9 <I>Quorum</I>. The holders of a majority of the Outstanding Units of the class or
classes for which a meeting has been called (including Outstanding Units deemed owned by the
General Partner) represented in person or by proxy shall constitute a quorum at a meeting of
Limited Partners of such class or classes unless any such action by the Limited Partners requires
approval by holders of a greater percentage of such Units, in which case the quorum shall be such
greater percentage. At any meeting of the Limited Partners duly called and held in accordance with
this Agreement at which a quorum is present, the act of Limited Partners holding Outstanding Units
that in the aggregate represent a majority of the Outstanding Units entitled to vote and be present
in person or by proxy at such meeting shall be deemed to constitute the act of all Limited
Partners, unless a greater or different percentage is required with respect to such action under
the provisions of this Agreement, in which case the act of the Limited Partners holding Outstanding
Units that in the aggregate represent at least such greater or different percentage shall be
required. The Limited Partners present at a duly called or held meeting at which a quorum is
present may continue to transact business until adjournment, notwithstanding the withdrawal of
enough Limited Partners to leave less than a quorum, if any action taken (other than adjournment)
is approved by the required percentage of Outstanding Units specified in this Agreement (including
Outstanding Units deemed owned by the General Partner). In the absence of a quorum any meeting of
Limited Partners may be adjourned from time to time by the affirmative vote of holders of at least
a majority of the Outstanding Units entitled to vote at such meeting (including Outstanding Units
deemed owned by the General Partner) represented either in person or by proxy, but no other
business may be transacted, except as provided in Section&nbsp;13.7.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.10 <I>Conduct of a Meeting</I>. The General Partner shall have full power and authority
concerning the manner of conducting any meeting of the Limited Partners or solicitation of
approvals in writing, including the determination of Persons entitled to vote, the existence of a
quorum, the satisfaction of the requirements of Section&nbsp;13.4, the conduct of voting, the validity
and effect of any proxies and the determination of any controversies, votes or challenges arising
in connection with or during the meeting or voting. The General Partner shall designate a Person to
serve as chairman of any meeting and shall further designate a Person to take the minutes of any
meeting. All minutes shall be kept with the records of the Partnership maintained by the General
Partner. The General Partner may make such other regulations
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">consistent with applicable law and this Agreement as it may deem advisable concerning the
conduct of any meeting of the Limited Partners or solicitation of approvals in writing, including
regulations in regard to the appointment of proxies, the appointment and duties of inspectors of
votes and approvals, the submission and examination of proxies and other evidence of the right to
vote, and the revocation of approvals in writing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.11 <I>Action Without a Meeting</I>. If authorized by the General Partner, any action that
may be taken at a meeting of the Limited Partners may be taken without a meeting if an approval in
writing setting forth the action so taken is signed by Limited Partners owning not less than the
minimum percentage of the Outstanding Units (including Units deemed owned by the General Partner)
that would be necessary to authorize or take such action at a meeting at which all the Limited
Partners were present and voted (unless such provision conflicts with any rule, regulation,
guideline or requirement of any National Securities Exchange on which the Units are listed for
trading, in which case the rule, regulation, guideline or requirement of such exchange shall
govern). Prompt notice of the taking of action without a meeting shall be given to the Limited
Partners who have not approved in writing. The General Partner may specify that any written ballot
submitted to Limited Partners for the purpose of taking any action without a meeting shall be
returned to the Partnership within the time period, which shall be not less than 20&nbsp;days, specified
by the General Partner. If a ballot returned to the Partnership does not vote all of the Units held
by the Limited Partners, the Partnership shall be deemed to have failed to receive a ballot for the
Units that were not voted. If approval of the taking of any action by the Limited Partners is
solicited by any Person other than by or on behalf of the General Partner, the written approvals
shall have no force and effect unless and until (a)&nbsp;they are deposited with the Partnership in care
of the General Partner, (b)&nbsp;approvals sufficient to take the action proposed are dated as of a date
not more than 90&nbsp;days prior to the date sufficient approvals are deposited with the Partnership and
(c)&nbsp;an Opinion of Counsel is delivered to the General Partner to the effect that the exercise of
such right and the action proposed to be taken with respect to any particular matter (i)&nbsp;will not
cause the Limited Partners to be deemed to be taking part in the management and control of the
business and affairs of the Partnership so as to jeopardize the Limited Partners&#146; limited
liability, and (ii)&nbsp;is otherwise permissible under the state statutes then governing the rights,
duties and liabilities of the Partnership and the Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;13.12 <I>Voting and Other Rights</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Only those Record Holders of the Units on the Record Date set pursuant to Section&nbsp;13.6
(and also subject to the limitations contained in the definition of &#147;Outstanding&#148;) shall be
entitled to notice of, and to vote at, a meeting of Limited Partners or to act with respect to
matters as to which the holders of the Outstanding Units have the right to vote or to act. All
references in this Agreement to votes of, or other acts that may be taken by, the Outstanding Units
shall be deemed to be references to the votes or acts of the Record Holders of such Outstanding
Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;With respect to Units that are held for a Person&#146;s account by another Person (such as a
broker, dealer, bank, trust company or clearing corporation, or an agent of any of the foregoing),
in whose name such Units are registered, such other Person shall, in exercising the voting rights
in respect of such Units on any matter, and unless the arrangement between such
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Persons provides otherwise, vote such Units in favor of, and at the direction of, the Person
who is the beneficial owner, and the Partnership shall be entitled to assume it is so acting
without further inquiry. The provisions of this Section&nbsp;13.12(b) (as well as all other provisions
of this Agreement) are subject to the provisions of Section&nbsp;4.3.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE XIV</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>MERGER</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;14.1 <I>Authority</I>. The Partnership may merge or consolidate with one or more
corporations, limited liability companies, business trusts or associations, real estate investment
trusts, common law trusts or unincorporated businesses, including a general partnership or limited
partnership, formed under the laws of the State of Delaware or any other state of the United States
of America, pursuant to a written agreement of merger or consolidation (&#147;Merger Agreement&#148;) in
accordance with this Article&nbsp;XIV.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;14.2 <I>Procedure for Merger or Consolidation</I>. Merger or consolidation of the
Partnership pursuant to this Article&nbsp;XIV requires the prior approval of the General Partner. If the
General Partner shall determine, in the exercise of its discretion, to consent to the merger or
consolidation, the General Partner shall approve the Merger Agreement, which shall set forth:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;the names and jurisdictions of formation or organization of each of the business entities
proposing to merge or consolidate;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;the name and jurisdiction of formation or organization of the business entity that is to
survive the proposed merger or consolidation (the &#147;Surviving Business Entity&#148;);
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;the terms and conditions of the proposed merger or consolidation;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;the manner and basis of exchanging or converting the equity securities of each constituent
business entity for, or into, cash, property or general or limited partner interests, rights,
securities or obligations of the Surviving Business Entity; and (i)&nbsp;if any general or limited
partner interests, securities or rights of any constituent business entity are not to be exchanged
or converted solely for, or into, cash, property or general or limited partner interests, rights,
securities or obligations of the Surviving Business Entity, the cash, property or general or
limited partner interests, rights, securities or obligations of any limited partnership,
corporation, trust or other entity (other than the Surviving Business Entity) which the holders of
such general or limited partner interests, securities or rights are to receive in exchange for, or
upon conversion of their general or limited partner interests, securities or rights, and (ii)&nbsp;in
the case of securities represented by certificates, upon the surrender of such certificates, which
cash, property or general or limited partner interests, rights, securities or obligations of the
Surviving Business Entity or any general or limited partnership, corporation, trust or other entity
(other than the Surviving Business Entity), or evidences thereof, are to be delivered;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;a statement of any changes in the constituent documents or the adoption of new constituent
documents (the articles or certificate of incorporation, articles of trust, declaration of
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">trust, certificate or agreement of limited partnership or other similar charter or governing
document) of the Surviving Business Entity to be effected by such merger or consolidation;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;the effective time of the merger, which may be the date of the filing of the certificate
of merger pursuant to Section&nbsp;14.4 or a later date specified in or determinable in accordance with
the Merger Agreement (provided, that if the effective time of the merger is to be later than the
date of the filing of the certificate of merger, the effective time shall be fixed no later than
the time of the filing of the certificate of merger and stated therein); and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;such other provisions with respect to the proposed merger or consolidation as are deemed
necessary or appropriate by the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;14.3 <I>Approval by Limited Partners of Merger or Consolidation</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Except as provided in Section&nbsp;14.3(d), the General Partner, upon its approval of the
Merger Agreement, shall direct that the Merger Agreement be submitted to a vote of Limited
Partners, whether at a special meeting or by written consent, in either case in accordance with the
requirements of Article&nbsp;XIII. A copy or a summary of the Merger Agreement shall be included in or
enclosed with the notice of a special meeting or the written consent.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Except as provided in Section&nbsp;14.3(d), the Merger Agreement shall be approved upon
receiving the affirmative vote or consent of the holders of a Unit Majority unless the Merger
Agreement contains any provision that, if contained in an amendment to this Agreement, the
provisions of this Agreement or the Delaware Act would require for its approval the vote or consent
of a greater percentage of the Outstanding Units or of any class of Limited Partners, in which case
such greater percentage vote or consent shall be required for approval of the Merger Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Except as provided in Section&nbsp;14.3(d), after such approval by vote or consent of the
Limited Partners, and at any time prior to the filing of the certificate of merger pursuant to
Section&nbsp;14.4, the merger or consolidation may be abandoned pursuant to provisions therefor, if any,
set forth in the Merger Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Notwithstanding anything else contained in this Article&nbsp;XIV or in this Agreement, the
General Partner is permitted, in its discretion, without Limited Partner approval, to convert the
Partnership or any Group Member into a new limited liability entity, to merge the Partnership or
any Group Member into, or convey all of the Partnership&#146;s assets to, another limited liability
entity which shall be newly formed and shall have no assets, liabilities or operations at the time
of such Merger other than those it receives from the Partnership or other Group Member if (i)&nbsp;the
General Partner has received an Opinion of Counsel that the conversion, merger or conveyance, as
the case may be, would not result in the loss of the limited liability of any Limited Partner or
any Group Member or cause the Partnership or any Group Member to be treated as an association
taxable as a corporation or otherwise to be taxed as an entity for federal income tax purposes (to
the extent not previously treated as such), (ii)&nbsp;the sole purpose of such conversion, merger or
conveyance is to effect a mere change in the legal form of the Partnership into another limited
liability entity and (iii)&nbsp;the governing instruments of the new entity provide the Limited Partners
and the General Partner with the same rights and obligations as are herein contained.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;14.4 <I>Certificate of Merger</I>. Upon the required approval by the General Partner and the
Unitholders of a Merger Agreement, a certificate of merger shall be executed and filed with the
Secretary of State of the State of Delaware in conformity with the requirements of the Delaware
Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;14.5 <I>Effect of Merger</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;At the effective time of the certificate of merger:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all of the rights, privileges and powers of each of the business entities that has
merged or consolidated, and all property, real, personal and mixed, and all debts due to any
of those business entities and all other things and causes of action belonging to each of
those business entities, shall be vested in the Surviving Business Entity and after the
merger or consolidation shall be the property of the Surviving Business Entity to the extent
they were of each constituent business entity;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the title to any real property vested by deed or otherwise in any of those
constituent business entities shall not revert and is not in any way impaired because of the
merger or consolidation;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all rights of creditors and all liens on or security interests in property of any
of those constituent business entities shall be preserved unimpaired; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) all debts, liabilities and duties of those constituent business entities shall
attach to the Surviving Business Entity and may be enforced against it to the same extent as
if the debts, liabilities and duties had been incurred or contracted by it.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;A merger or consolidation effected pursuant to this Article shall not be deemed to result
in a transfer or assignment of assets or liabilities from one entity to another.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE XV</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>RIGHT TO ACQUIRE LIMITED PARTNER INTERESTS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;15.1 <I>Right to Acquire Limited Partner Interests</I>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Notwithstanding any other provision of this Agreement, if at any time the General Partner
and its Affiliates hold more than 80% of the total Limited Partner Interests of any class then
Outstanding, the General Partner shall then have the right, which right it may assign and transfer
in whole or in part to the Partnership or any Affiliate of the General Partner, exercisable in its
sole discretion, to purchase all, but not less than all, of such Limited Partner Interests of such
class then Outstanding held by Persons other than the General Partner and its Affiliates, at the
greater of (x)&nbsp;the Current Market Price as of the date three days prior to the date that the notice
described in Section&nbsp;15.1(b) is mailed and (y)&nbsp;the highest price paid by the General Partner or any
of its Affiliates for any such Limited Partner Interest of such class purchased during the 90-day
period preceding the date that the notice described in Section&nbsp;15.1(b) is mailed. As used in this
Agreement, (i) &#147;Current Market Price&#148; as of any date of any class of
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Limited Partner Interests means the average of the daily Closing Prices (as hereinafter
defined) per Limited Partner Interest of such class for the 20 consecutive Trading Days (as
hereinafter defined) immediately prior to such date; (ii) &#147;Closing Price&#148; for any day means the
last sale price on such day, regular way, or in case no such sale takes place on such day, the
average of the closing bid and asked prices on such day, regular way, in either case as reported in
the principal consolidated transaction reporting system with respect to securities listed or
admitted for trading on the principal National Securities Exchange (other than the Nasdaq Stock
Market) on which such Limited Partner Interests of such class are listed or admitted to trading or,
if such Limited Partner Interests of such class are not listed or admitted to trading on any
National Securities Exchange (other than the Nasdaq Stock Market), the last quoted price on such
day or, if not so quoted, the average of the high bid and low asked prices on such day in the
over-the-counter market, as reported by the Nasdaq Stock Market or such other system then in use,
or, if on any such day such Limited Partner Interests of such class are not quoted by any such
organization, the average of the closing bid and asked prices on such day as furnished by a
professional market maker making a market in such Limited Partner Interests of such class selected
by the General Partner, or if on any such day no market maker is making a market in such Limited
Partner Interests of such class, the fair value of such Limited Partner Interests on such day as
determined reasonably and in good faith by the General Partner; and (iii) &#147;Trading Day&#148; means a day
on which the principal National Securities Exchange on which such Limited Partner Interests of any
class are listed or admitted to trading is open for the transaction of business or, if Limited
Partner Interests of a class are not listed or admitted to trading on any National Securities
Exchange, a day on which banking institutions in New York City generally are open.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;If the General Partner, any Affiliate of the General Partner or the Partnership elects to
exercise the right to purchase Limited Partner Interests granted pursuant to Section&nbsp;15.1(a), the
General Partner shall deliver to the Transfer Agent notice of such election to purchase (the
&#147;Notice of Election to Purchase&#148;) and shall cause the Transfer Agent to mail a copy of such Notice
of Election to Purchase to the Record Holders of Limited Partner Interests of such class (as of a
Record Date selected by the General Partner) at least 10, but not more than 60, days prior to the
Purchase Date. Such Notice of Election to Purchase shall also be published for a period of at least
three consecutive days in at least two daily newspapers of general circulation printed in the
English language and published in the Borough of Manhattan, New York. The Notice of Election to
Purchase shall specify the Purchase Date and the price (determined in accordance with Section
15.1(a)) at which Limited Partner Interests will be purchased and state that the General Partner,
its Affiliate or the Partnership, as the case may be, elects to purchase such Limited Partner
Interests, upon surrender of Certificates representing such Limited Partner Interests in exchange
for payment, at such office or offices of the Transfer Agent as the Transfer Agent may specify, or
as may be required by any National Securities Exchange on which such Limited Partner Interests are
listed or admitted to trading. Any such Notice of Election to Purchase mailed to a Record Holder of
Limited Partner Interests at his address as reflected in the records of the Transfer Agent shall be
conclusively presumed to have been given regardless of whether the owner receives such notice. On
or prior to the Purchase Date, the General Partner, its Affiliate or the Partnership, as the case
may be, shall deposit with the Transfer Agent cash in an amount sufficient to pay the aggregate
purchase price of all of such Limited Partner Interests to be purchased in accordance with this
Section&nbsp;15.1. If the Notice of Election to Purchase shall have been duly given as aforesaid at
least 10&nbsp;days prior to the Purchase Date, and if on or prior to
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">the Purchase Date the deposit described in the preceding sentence has been made for the
benefit of the holders of Limited Partner Interests subject to purchase as provided herein, then
from and after the Purchase Date, notwithstanding that any Certificate shall not have been
surrendered for purchase, all rights of the holders of such Limited Partner Interests (including
any rights pursuant to Articles IV, V, VI, and XII) shall thereupon cease, except the right to
receive the purchase price (determined in accordance with Section&nbsp;15.1(a)) for Limited Partner
Interests therefor, without interest, upon surrender to the Transfer Agent of the Certificates
representing such Limited Partner Interests, and such Limited Partner Interests shall thereupon be
deemed to be transferred to the General Partner, its Affiliate or the Partnership, as the case may
be, on the record books of the Transfer Agent and the Partnership, and the General Partner or any
Affiliate of the General Partner, or the Partnership, as the case may be, shall be deemed to be the
owner of all such Limited Partner Interests from and after the Purchase Date and shall have all
rights as the owner of such Limited Partner Interests (including all rights as owner of such
Limited Partner Interests pursuant to Articles IV, V, VI and XII).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;At any time from and after the Purchase Date, a holder of an Outstanding Limited Partner
Interest subject to purchase as provided in this Section&nbsp;15.1 may surrender his Certificate
evidencing such Limited Partner Interest to the Transfer Agent in exchange for payment of the
amount described in Section&nbsp;15.1(a), therefor, without interest thereon.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE XVI</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>GENERAL PROVISIONS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.1 <I>Addresses and Notices</I>. Any notice, demand, request, report or proxy materials
required or permitted to be given or made to a Partner or Assignee under this Agreement shall be in
writing and shall be deemed given or made when delivered in person or when sent by first class
United States mail or by other means of written communication to the Partner or Assignee at the
address described below. Any notice, payment or report to be given or made to a Partner or Assignee
hereunder shall be deemed conclusively to have been given or made, and the obligation to give such
notice or report or to make such payment shall be deemed conclusively to have been fully satisfied,
upon sending of such notice, payment or report to the Record Holder of such Partnership Securities
at his address as shown on the records of the Transfer Agent or as otherwise shown on the records
of the Partnership, regardless of any claim of any Person who may have an interest in such
Partnership Securities by reason of any assignment or otherwise. An affidavit or certificate of
making of any notice, payment or report in accordance with the provisions of this Section&nbsp;16.1
executed by the General Partner, the Transfer Agent or the mailing organization shall be prima
facie evidence of the giving or making of such notice, payment or report. If any notice, payment or
report addressed to a Record Holder at the address of such Record Holder appearing on the books and
records of the Transfer Agent or the Partnership is returned by the United States Postal Service
marked to indicate that the United States Postal Service is unable to deliver it, such notice,
payment or report and any subsequent notices, payments and reports shall be deemed to have been
duly given or made without further mailing (until such time as such Record Holder or another Person
notifies the Transfer Agent or the Partnership of a change in his address) if they are available
for the Partner or Assignee at the principal office of the Partnership for a period of one year
from the date of the giving or making
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->74<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">of such notice, payment or report to the other Partners and Assignees. Any notice to the
Partnership shall be deemed given if received by the General Partner at the principal office of the
Partnership designated pursuant to Section&nbsp;2.3. The General Partner may rely and shall be protected
in relying on any notice or other document from a Partner, Assignee or other Person if believed by
it to be genuine.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.2 <I>Further Action</I>. The parties shall execute and deliver all documents, provide all
information and take or refrain from taking action as may be necessary or appropriate to achieve
the purposes of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.3 <I>Binding Effect</I>. This Agreement shall be binding upon and inure to the benefit of
the parties hereto and their heirs, executors, administrators, successors, legal representatives
and permitted assigns.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.4 <I>Integration</I>. This Agreement constitutes the entire agreement among the parties
hereto pertaining to the subject matter hereof and supersedes all prior agreements and
understandings pertaining thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.5 <I>Creditors</I>. None of the provisions of this Agreement shall be for the benefit of,
or shall be enforceable by, any creditor of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.6 <I>Waiver</I>. No failure by any party to insist upon the strict performance of any
covenant, duty, agreement or condition of this Agreement or to exercise any right or remedy
consequent upon a breach thereof shall constitute waiver of any such breach of any other covenant,
duty, agreement or condition.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.7 <I>Counterparts</I>. This Agreement may be executed in counterparts, all of which
together shall constitute an agreement binding on all the parties hereto, notwithstanding that all
such parties are not signatories to the original or the same counterpart. Each party shall become
bound by this Agreement immediately upon affixing its signature hereto or, in the case of a Person
acquiring a Unit, upon accepting the certificate evidencing such Unit or executing and delivering a
Transfer Application as herein described, independently of the signature of any other party.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.8 <I>Applicable Law</I>. This Agreement shall be construed in accordance with and
governed by the laws of the State of Delaware, without regard to the principles of conflicts of
law.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.9 <I>Invalidity of Provisions</I>. If any provision of this Agreement is or becomes
invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the
remaining provisions contained herein shall not be affected thereby.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16.10 <I>Consent of Partners</I>. Each Partner hereby expressly consents and agrees that,
whenever in this Agreement it is specified that an action may be taken upon the affirmative vote or
consent of less than all of the Partners, such action may be so taken upon the concurrence of less
than all of the Partners and each Partner shall be bound by the results of such action.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->75<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>IN WITNESS WHEREOF, </B>the General Partner has executed this Agreement as of the date first
written above.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>GENERAL PARTNER:<BR>
<BR>
NRP (GP)&nbsp;LP</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top"><b>By:</b>&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 0px solid #000000" align="left"><B>GP Natural Resource Partners LLC</B>,
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">its general partner&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">                   /s/ Wyatt L. Hogan
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Wyatt L. Hogan&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Vice President, General Counsel and Secretary&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 0pt">Natural Resource Partners L.P.<BR>
Fourth Amended and Restated Agreement of Limited Partnership
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT A<BR>
to the Fourth Amended and<BR>
Restated Agreement of Limited Partnership of<BR>
Natural Resource Partners L.P.<BR>
Certificate Evidencing Common Units<BR>
Representing Limited Partner Interests in<BR>
Natural Resource Partners L.P.</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%"></TD>
    <TD width="3%"></TD>
    <TD width="48%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">No. &#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95; Common Units</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In accordance with Section&nbsp;4.1 of the Fourth Amended and Restated Agreement of Limited
Partnership of Natural Resource Partners L.P., as amended, supplemented or restated from time to
time (the &#147;<I>Partnership Agreement</I>&#148;), Natural Resource Partners L.P., a Delaware limited partnership
(the &#147;<I>Partnership</I>&#148;), hereby certifies that &#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95; (the &#147;<I>Holder</I>&#148;) is the registered
owner of Common Units representing limited partner interests in the Partnership (the &#147;<I>Common
Units</I>&#148;) transferable on the books of the Partnership, in person or by duly authorized attorney,
upon surrender of this Certificate properly endorsed and accompanied by a properly executed
application for transfer of the Common Units represented by this Certificate. The rights,
preferences and limitations of the Common Units are set forth in, and this Certificate and the
Common Units represented hereby are issued and shall in all respects be subject to the terms and
provisions of, the Partnership Agreement. Copies of the Partnership Agreement are on file at, and
will be furnished without charge on delivery of written request to the Partnership at, the
principal office of the Partnership located at 601 Jefferson Street, Suite&nbsp;3600, Houston, Texas
77002. Capitalized terms used herein but not defined shall have the meanings given them in the
Partnership Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Holder, by accepting this Certificate, is deemed to have (i)&nbsp;requested admission as, and
agreed to become, a Limited Partner and to have agreed to comply with and be bound by and to have
executed the Partnership Agreement, (ii)&nbsp;represented and warranted that the Holder has all right,
power and authority and, if an individual, the capacity necessary to enter into the Partnership
Agreement, (iii)&nbsp;granted the powers of attorney provided for in the Partnership Agreement and (iv)
made the waivers and given the consents and approvals contained in the Partnership Agreement.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->EXHIBIT A-1<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Certificate shall not be valid for any purpose unless it has been countersigned and
registered by the Transfer Agent and Registrar.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
</TR>
<TR>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD colspan="5" valign="top" align="left">Dated:&nbsp;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="5" valign="top" align="left">Natural Resource Partners L.P.</TD>
<TD></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD></TD>
</TR>
<TR valign="bottom">
    <TD colspan="5" valign="top" align="left">Countersigned and Registered by:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">NRP (GP)&nbsp;LP, its General Partner</TD>
<TD></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">GP Natural Resource Partners LLC,</TD>
<TD></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">its General Partner</TD>
<TD></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD></TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="5" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
<TD></TD>
</TR>
<TR valign="bottom">
    <TD colspan="5" valign="top" align="left">as Transfer Agent and Registrar</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD colspan="1" valign="top" align="left">Name:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
<TD></TD>
</TR>
<TR><td>&nbsp;</td>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
<TD></TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Authorized Signature</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Secretary</TD>
<TD></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->EXHIBIT A-2<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>&#091;Reverse of Certificate&#093;</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ABBREVIATIONS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following abbreviations, when used in the inscription on the face of this Certificate,
shall be construed as follows according to applicable laws or regulations:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="44%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">TEN COM -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">as tenants in common
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">UNIF GIFT/TRANSFERS MIN ACT</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">TEN ENT -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">as tenants by the entireties
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> Custodian <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(Cust)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Minor)</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">JT TEN -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">as joint tenants with right of
survivorship and not as
tenants in common
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">under Uniform Gifts/Transfers to CD
Minors Act (State)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional abbreviations, though not in the above list, may also be used.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ASSIGNMENT OF COMMON UNITS<BR>
in<BR>
NATURAL RESOURCE PARTNERS L.P.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FOR VALUE RECEIVED, &#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95; hereby assigns, conveys, sells and transfers unto
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(Please print or typewrite name
and address of Assignee)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(Please insert Social Security or other
identifying number of Assignee)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95; Common Units representing limited partner interests evidenced by this Certificate,
subject to the Partnership Agreement, and does hereby irrevocably constitute and appoint &#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;
as its attorney-in-fact with full power of substitution to transfer the same on the books of
Natural Resource Partners L.P.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date: &#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">NOTE:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">The signature to any
endorsement hereon must
correspond with the name as
written upon the face of this
Certificate in every
particular, without
alteration, enlargement or
change.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>SIGNATURE(S) MUST BE
GUARANTEED BY A MEMBER FIRM OF
THE NATIONAL ASSOCIATION OF
SECURITIES DEALERS, INC. OR BY
A COMMERCIAL BANK OR TRUST
COMPANY SIGNATURE(S)
GUARANTEED</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="middle"><BR><B><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV></B> &nbsp;
(Signature)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>&nbsp;
(Signature)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->EXHIBIT A-3<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No transfer of the Common Units evidenced hereby will be registered on the books of the
Partnership, unless the Certificate evidencing the Common Units to be transferred is surrendered
for registration or transfer and an Application for Transfer of Common Units has been executed by a
transferee either (a)&nbsp;on the form set forth below or (b)&nbsp;on a separate application that the
Partnership will furnish on request without charge. A transferor of the Common Units shall have no
duty to the transferee with respect to execution of the transfer application in order for such
transferee to obtain registration of the transfer of the Common Units.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->EXHIBIT A-4<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>APPLICATION FOR TRANSFER OF COMMON UNITS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned (&#147;<I>Assignee</I>&#148;) hereby applies for transfer to the name of the Assignee of the
Common Units evidenced hereby.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Assignee (a)&nbsp;requests admission as a Substituted Limited Partner and agrees to comply with
and be bound by, and hereby executes, the Amended and Restated Agreement of Limited Partnership of
Natural Resource Partners L.P. (the &#147;<I>Partnership</I>&#148;), as amended, supplemented or restated to the
date hereof (the &#147;<I>Partnership Agreement</I>&#148;), (b)&nbsp;represents and warrants that the Assignee has all
right, power and authority and, if an individual, the capacity necessary to enter into the
Partnership Agreement, (c)&nbsp;appoints the General Partner of the Partnership and, if a Liquidator
shall be appointed, the Liquidator of the Partnership as the Assignee&#146;s attorney-in-fact to
execute, swear to, acknowledge and file any document, including, without limitation, the
Partnership Agreement and any amendment thereto and the Certificate of Limited Partnership of the
Partnership and any amendment thereto, necessary or appropriate for the Assignee&#146;s admission as a
Substituted Limited Partner and as a party to the Partnership Agreement, (d)&nbsp;gives the powers of
attorney provided for in the Partnership Agreement, and (e)&nbsp;makes the waivers and gives the
consents and approvals contained in the Partnership Agreement. Capitalized terms not defined herein
have the meanings assigned to such terms in the Partnership Agreement.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date: &#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Social Security or other identifying number
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Signature of Assignee</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Purchase Price including commissions, if any
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Name and Address of Assignee</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="27%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="27%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="27%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD colspan="5" valign="top" align="left">Type of Entity (check one):</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-family: Wingdings">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Individual
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-family: Wingdings">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Partnership
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-family: Wingdings">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Corporation</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-family: Wingdings">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Trust
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-family: Wingdings">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Other (specify)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="5" valign="top" align="left">Nationality (check one):</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD colspan="5" valign="top" align="left">U.S. Citizen, Resident or Domestic Entity</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD colspan="1" valign="top" align="left">Foreign Corporation </TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"> Non-resident Alien&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If the U.S. Citizen, Resident or Domestic Entity box is checked, the following certification
must be completed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Section 1445(e) of the Internal Revenue Code of 1986, as amended (the &#147;<I>Code</I>&#148;), the
Partnership must withhold tax with respect to certain transfers of property if a holder of an
interest in the Partnership is a foreign person. To inform the Partnership that no withholding is
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->EXHIBIT A-5<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">required with respect to the undersigned interestholder&#146;s interest in it, the undersigned
hereby certifies the following (or, if applicable, certifies the following on behalf of the
interestholder).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Complete Either A or B:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">A.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Individual Interestholder</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>I am not a non-resident alien for purposes of U.S. income taxation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>My U.S. taxpayer identification number (Social Security Number) is <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> .</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>My home address is &#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95; .</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">B.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Partnership, Corporation or Other Interestholder</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95; is not a foreign corporation, foreign partnership, foreign
trust (Name of Interestholder) or foreign estate (as those terms are defined in the
Code and Treasury Regulations).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The interestholder&#146;s U.S. employer identification number is &#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The interestholder&#146;s office address and place of incorporation (if applicable)
is &#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The interestholder agrees to notify the Partnership within sixty (60)&nbsp;days of the date the
interestholder becomes a foreign person.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The interestholder understands that this certificate may be disclosed to the Internal Revenue
Service by the Partnership and that any false statement contained herein could be punishable by
fine, imprisonment or both.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under penalties of perjury, I declare that I have examined this certification and to the best
of my knowledge and belief it is true, correct and complete and, if applicable, I further declare
that I have authority to sign this document on behalf of:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="30%">&nbsp;</TD>
</TR>
<TR></TR>
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<TR><td>&nbsp;</td></TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Name of Interestholder
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Signature and Date
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>

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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Title (if applicable)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
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</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Note: If the Assignee is a broker, dealer, bank, trust company, clearing corporation, other
nominee holder or an agent of any of the foregoing, and is holding for the account of any other
person, this application should be completed by an officer thereof or, in the case of a broker or
dealer, by a registered representative who is a member of a registered national securities exchange
or a member of the National Association of Securities Dealers, Inc., or, in the case of any other
nominee holder, a person performing a similar function. If the Assignee is a broker,
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->EXHIBIT A-6<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">dealer, bank, trust company, clearing corporation, other nominee owner or an agent of any of
the foregoing, the above certification as to any person for whom the Assignee will hold the Common
Units shall be made to the best of the Assignee&#146;s knowledge.
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->EXHIBIT A-7<!-- /Folio -->
</DIV>



</BODY>
</HTML>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-3.2
<SEQUENCE>3
<FILENAME>h76273exv3w2.htm
<DESCRIPTION>EX-3.2
<TEXT>
<HTML>
<HEAD>
<TITLE>exv3w2</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B><I>EXHIBIT 3.2</I></B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>NRP (GP)&nbsp;LP</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">A Delaware Limited Partnership
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>FOURTH</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>AMENDED AND RESTATED</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>LIMITED PARTNERSHIP AGREEMENT</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">September&nbsp;20, 2010
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>TABLE OF CONTENTS</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>

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<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE I DEFINITIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE II ORGANIZATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.1 Formation of Limited Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.2 Name of Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.3 Principal Office; Registered Office</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.4 Term of Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.5 Purpose of Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.6 Actions by Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">2.7 Reliance by Third Parties</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE III CAPITAL</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.1 Capital Contributions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.2 Additional Capital Contributions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.3 Loans</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.4 Maintenance of Capital Accounts</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">3.5 Capital Withdrawal Rights, Interest and Priority</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE IV DISTRIBUTIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.1 Distributions of Available Cash</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.2 Persons Entitled to Distributions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">4.3 Limitations on Distributions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE V ALLOCATIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">5.1 Profits</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">5.2 Losses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">5.3 Regulatory Allocations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">5.4 Tax Allocations: Code Section&nbsp;704(c)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">5.5 Change in Percentage Interests or IDR Percentage Interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">5.6 Withholding</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE VI MANAGEMENT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.1 Duties and Powers of the General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.2 No Liability to Limited Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.3 Indemnification of General Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">6.4 Rights of Limited Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE VII TRANSFERS OF PARTNERSHIP INTERESTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.1 Transfer of Limited Partnership Interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.2 Permitted Transferees</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.3 Substitute Limited Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.4 Effect of Admission as a Substitute Limited Partner</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.5 Consent</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.6 Additional Limited Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.7 Right of First Refusal</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->i<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.8 Put/Call</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">24</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">7.9 Expiration of Transfer Restrictions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE VIII DISSOLUTION AND LIQUIDATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">8.1 Dissolution of Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">8.2 Final Accounting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">29</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">8.3 Distributions Following Dissolution and Termination</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">29</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">8.4 Termination of the Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">8.5 No Action for Dissolution</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE IX ACCOUNTING; BOOKS AND RECORDS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.1 Fiscal Year and Accounting Method</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.2 Books and Records</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.3 Delivery to Partners; Inspection</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.4 Financial Statements</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.5 Filings</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">9.6 Non-Disclosure</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE X REGISTRATION RIGHTS OF THE LIMITED PARTNERS AND THEIR AFFILIATES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.1 Demand Registrations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.2 Demand Shelf Registrations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">34</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.3 Piggyback Rights</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">36</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.4 Underwritten Registration</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.5 Assignment of Registration Rights</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">10.6 Additional Requirements</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">38</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE XI MISCELLANEOUS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">38</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.1 Waiver of Default</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">38</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.2 Amendment of Partnership Agreement</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">38</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.3 Notices to Tax Matters Partners</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">39</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.4 No Third Party Rights</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">39</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.5 Severability</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">39</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.6 Nature of Interest in the Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">39</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.7 Binding Agreement</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">39</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.8 Headings</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">39</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.9 Word Meanings</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.10 Counterparts</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.11 Entire Agreement</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.12 Partition</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">11.13 Governing Law; Consent to Jurisdiction and Venue</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->ii<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>FOURTH AMENDED AND RESTATED</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>LIMITED PARTNERSHIP AGREEMENT</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>OF</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>NRP (GP)&nbsp;LP</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS FOURTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT (this &#147;<B>Agreement</B>&#148;) of NRP (GP)
LP, a Delaware limited partnership (the &#147;<B>Partnership</B>&#148;), is made and entered into as of this
20<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> day of September, 2010 by and among GP Natural Resource Partners LLC, a Delaware
limited liability company, as the general partner, and the Persons listed as limited partners in
<U>Schedule&nbsp;I</U> hereto (the &#147;<B>Limited Partners</B>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Agreement amends and restates in its entirety the original Limited Partnership Agreement
dated as of April&nbsp;9, 2002 between the General Partner, New Gauley, Western Pocahontas, Great
Northern and Ark Land Company (the &#147;<B>Original Limited Partnership Agreement</B>&#148;), as amended by the
Amended and Restated Limited Partnership Agreement dated as of October&nbsp;17, 2002 among GP Natural
Resource Partners LLC and the Persons listed as limited partners in Schedule&nbsp;I thereto, as further
amended by the Second Amended and Restated Limited Partnership Agreement dated as of December&nbsp;22,
2003 among GP Natural Resource Partners LLC and the Persons listed as limited partners in Schedule
I thereto, and as further amended by the Third Amended and Restated Limited Partnership Agreement
dated as of January&nbsp;4, 2007 (the &#147;<B>Effective Date</B>&#148;), by and among GP Natural Resource Partners LLC
and the Persons listed as limited partners in Schedule&nbsp;I thereto, as further amended by Amendment
No.&nbsp;1, dated as of May&nbsp;20, 2009, and Amendment No.&nbsp;2, dated as of June&nbsp;30, 2009 (as so further
amended, the &#147;<B>Third Amended and Restated Limited Partnership Agreement</B>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, Section&nbsp;11.2(b) of the Third Amended and Restated Limited Partnership Agreement
provides that the Third Amended and Restated Limited Partnership Agreement may be amended from time
to time in accordance with the provisions set forth therein;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the Partnership is, concurrently herewith, entering into a contribution agreement
(the &#147;<B>IDR Contribution Agreement</B>&#148;) dated of even date herewith, pursuant to which the Partnership
is contributing its incentive distribution rights in the Master Limited Partnership (as defined
herein) in exchange for 20,800,000 common units representing limited partner interests in the
Master Limited Partnership;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the Partnership will, immediately upon receipt of the common units pursuant to the
IDR Contribution Agreement, distribute 15,740,000 common units to its Partners (as defined herein)
in proportions equal to each Partner&#146;s IDR Percentage Interest (as defined herein);
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the Partnership will retain 1,560,000 common units, the payments of distributions on
which the Partnership will use to pay incentive compensation to its management;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the Partnership will retain the remaining 3,500,000 common units for an undetermined
period of time, with the intention of the General Partner to ultimately cause the
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Partnership to distribute such common units to the Partners in proportions equal to each
Partner&#146;s IDR Percentage Interest; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the General Partner deems it in the best interest of the Partnership to effect this
Agreement in order to amend and restate the Third Amended and Restated Limited Partnership
Agreement.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE I<BR>
DEFINITIONS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of this Agreement:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>AAA</B>&#148; is defined in Section&nbsp;7.8(d)(iv).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Acceptance Notice</B>&#148; is defined in Section&nbsp;7.7(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Act</B>&#148; means the Delaware Revised Uniform Limited Partnership Act, as amended from time to
time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Adena</B>&#148; means Adena Minerals LLC, a Delaware limited liability company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>&#147;Adena Director</B>&#148; means the individual designated by Adena to serve as a member of the board of
directors of the General Partner, other than an Independent Director (as defined in the General
Partner&#146;s Fourth Amended and Restated Limited Liability Company Agreement, as such agreement may be
amended from time to time).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Adjusted Capital Account Deficit</B>&#148; means, with respect to a Partner, the deficit balance, if
any, in such Partner&#146;s Capital Account as of the end of the relevant Taxable Year, after giving
effect to the following adjustments:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Credit to such Capital Account any amounts which such Partner is obligated to
restore pursuant to any provision of this Agreement or is deemed to be obligated to restore
pursuant to Regulation&nbsp;Sections&nbsp;1.704-1(b)(2)(ii)(c), 1.704-2(g)(1) and 1.704-2(i)(5); and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Debit to such Capital Account the items described in Regulation&nbsp;Sections
1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5), and 1.704-1(b)(2)(ii)(d)(6).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The foregoing definition of Adjusted Capital Account Deficit is intended to comply with the
provisions of Regulations Sections&nbsp;1.704(b)(2)(ii)(d) and shall be interpreted consistently
therewith.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Affiliate</B>&#148; means, with respect to any specified Person, any other Person that directly, or
indirectly through one or more intermediaries, controls, is controlled by, or is under common
control with, such specified Person. For the purposes of this definition, &#147;control&#148; when used with
respect to any Person means the power to direct the management and policies of such Person,
directly or indirectly, whether through the ownership of voting securities, by contract or
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">otherwise; and the terms &#147;controlling&#148; and &#147;controlled&#148; have meanings correlative to the
foregoing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Agreement</B>&#148; means this Fourth Amended and Restated Limited Partnership Agreement, as amended
from time to time in accordance with its terms.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Available Cash</B>&#148; means, with respect to a fiscal quarter, all cash and cash equivalents of the
Partnership at the end of such quarter less (a)&nbsp;distributions received by the Partnership from the
Master Limited Partnership with respect to Incentive Distribution Units and (b)&nbsp;the amount of cash
reserves that is necessary or appropriate in the reasonable discretion of the General Partner to
(i)&nbsp;provide for the proper conduct of the business of the Partnership (including reserves for
future capital expenditures and for anticipated future credit needs of the Partnership) subsequent
to such quarter or (ii)&nbsp;comply with applicable law or any loan agreement, security agreement,
mortgage, debt instrument or other agreement or obligation to which the Partnership is a party or
by which it is bound or its assets or Property is subject; <I>provided, however</I>, that disbursements
made by the Master Limited Partnership to the Partnership (other than distributions with respect to
Incentive Distribution Units) or cash reserves established, increased or reduced after the
expiration of such quarter but on or before the date of determination of Available Cash with
respect to such quarter shall be deemed to have been made, established, increased or reduced, for
purposes of determining Available Cash, during such quarter if the General Partner so determines in
its reasonable discretion.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Business Day</B>&#148; means Monday through Friday of each week, except that a legal holiday
recognized as such by the government of the United States of America or the State of Texas shall
not be regarded as a Business Day.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Call Notice</B>&#148; is defined in Section&nbsp;7.8(c).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Call Period</B>&#148; is defined in Section&nbsp;7.8(c).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Call Price</B>&#148; is defined in Section&nbsp;7.8(f).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Call Right</B>&#148; is defined in Section&nbsp;7.8(c).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Call Terms</B>&#148; is defined in Section&nbsp;7.8(e).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Capital Account</B>&#148; means, with respect to any Partner, a separate account established by the
Partnership and maintained for each Partner in accordance with Section&nbsp;3.4 hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Capital Contribution</B>&#148; means, with respect to any Partner, the amount of money and the initial
Gross Asset Value of any Property (other than money) contributed to the Partnership by such Partner
with respect to its Partnership Interest pursuant to the terms of this Agreement. Any reference in
this Agreement to the Capital Contribution of a Partner shall include a Capital Contribution of its
predecessors in interest.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Certificate</B>&#148; means the Certificate of Limited Partnership of the Partnership filed with the
Secretary of State of Delaware, as amended or restated from time to time.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>claims</B>&#148; is defined in Section&nbsp;10.4.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Code</B>&#148; means the United States Internal Revenue Code of 1986, as amended.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Commission</B>&#148; means the U.S. Securities and Exchange Commission.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Depreciation</B>&#148; means, for each Taxable Year or other period, an amount equal to the
depreciation, amortization or other cost recovery deduction allowable with respect to an asset for
such Taxable Year, except that if the Gross Asset Value of an asset differs from its adjusted basis
for federal income tax purposes at the beginning of such Taxable Year, Depreciation shall be an
amount which bears the same ratio to such beginning Gross Asset Value as the federal income tax
depreciation, amortization or other cost recovery deduction for such Taxable Year bears to such
beginning adjusted tax basis; <I>provided, however</I>, that if the adjusted basis for federal income tax
purposes of an asset at the beginning of such Taxable Year is zero, Depreciation shall be
determined with reference to such beginning Gross Asset Value using any reasonable method selected
by the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Economic Risk of Loss</B>&#148; shall have the meaning set forth in Regulation&nbsp;Section&nbsp;1.752-2(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Effective Date</B>&#148; is defined in the preamble.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Electing Limited Partners</B>&#148; means the Limited Partners that elect to purchase Limited
Partnership Interests pursuant to Section&nbsp;7.8(i).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Encumbrance</B>&#148; means any security interest, pledge, mortgage, lien (including, without
limitation, environmental and tax liens), charge, encumbrance, adverse claim, any defect or
imperfection in title, preferential arrangement or restriction, right to purchase, right of first
refusal or other burden or encumbrance of any kind, other than those imposed by this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>First Refusal Notice</B>&#148; is defined in Section&nbsp;7.7(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>General Partner</B>&#148; means GP Natural Resource Partners LLC, a Delaware limited liability
company, any successor thereto, and any Persons hereafter admitted as additional general partners,
each in its capacity as a general partner of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Great Northern</B>&#148; means Great Northern Properties Limited Partnership, a Delaware limited
partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Gross Asset Value</B>&#148; means with respect to any asset, the asset&#146;s adjusted basis for federal
income tax purposes, except as follows and as otherwise provided in Section&nbsp;3.2(b):
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The initial Gross Asset Value of any asset contributed by a Partner to the
Partnership shall be the gross fair market value of such asset, as reasonably determined by
the General Partner; in a manner that is consistent with Section 7701(g) of the Code,
<I>provided, however</I>, that the initial Gross Asset Values of the assets contributed to the
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Partnership pursuant to Section&nbsp;3.1 hereof shall be as set forth in such section or the
schedule referred to therein;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Gross Asset Values of all Partnership assets shall be adjusted to equal their
respective gross fair market values, as reasonably determined by the General Partner, in a
manner that is consistent with section 7701(g) of the Code, as of the following times: (i)
the acquisition of an additional interest in the Partnership by any new or existing Partner
in exchange for more than a de minimis Capital Contribution or for the provision of
services; (ii)&nbsp;the distribution by the Partnership to a Partner of more than a de minimis
amount of Partnership property other than money as consideration for an interest in the
Partnership; and (iii)&nbsp;the liquidation of the Partnership within the meaning of Regulation
Section&nbsp;1.704-1(b)(2)(ii)(g); <I>provided, however</I>, that adjustments pursuant to clauses (i)
and (ii)&nbsp;above shall be made only if the Tax Matters Partner reasonably determines that such
adjustments are necessary or appropriate to reflect the relative economic interests of the
Partners in the Partnership;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Gross Asset Value of any Partnership assets distributed to any Partner shall be
adjusted to equal the gross fair market value of such asset on the date of distribution as
reasonably determined by the General Partner, in a manner that is consistent with Section
7701(g) of the Code; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The Gross Asset Values of any Partnership assets shall be increased (or decreased)
to reflect any adjustments to the adjusted basis of such assets pursuant to Section 734(b)
or the Code or Section 743(b) of the Code, but only to the extent that such adjustments are
taken into account in determining Capital Accounts pursuant to Regulation&nbsp;Section
1.704-1(b)(2)(iv)(m) and clause (f)&nbsp;of the definition of Profits and Losses, <I>provided,
however</I>, that Gross Asset Values shall not be adjusted pursuant to this subparagraph (d)&nbsp;to
the extent the Tax Matters Partner determines that an adjustment pursuant to the foregoing
subparagraph (b)&nbsp;of this definition is necessary or appropriate in connection with a
transaction that would otherwise result in an adjustment pursuant to this subparagraph (d).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If the Gross Asset Value of an asset has been determined or adjusted pursuant to subparagraphs
(a), (b), or (d), such Gross Asset Value shall thereafter be adjusted by the Depreciation taken
into account with respect to such asset, for purposes of computing Profits and Losses.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Holder</B>&#148; is defined in Section&nbsp;10.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>HSR Act</B>&#148; means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the
regulations promulgated thereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>IDR Available Cash</B>&#148; means, with respect to a fiscal quarter, the IDR Distribution Amount with
respect to such quarter less the amount of cash reserves that is necessary or appropriate in the
reasonable discretion of the General Partner (but without duplication of amounts reserved in
determining Available Cash) (a)&nbsp;to comply with any incentive plan, compensation program or other
similar agreement or obligation to which the Partnership is a
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">party or by which it is bound or its assets or Property is subject, in each case as in effect
as of the date hereof, or (b)&nbsp;with the prior written consent of Adena, to provide for the proper
conduct of the business of the Partnership (including reserves for future capital expenditures and
for anticipated future credit needs of the Partnership) subsequent to such quarter; <I>provided,
however</I>, that distributions made by the Master Limited Partnership to the Partnership with respect
to the IDR Units or cash reserves established, increased or reduced with respect thereto after the
expiration of such quarter but on or before the date of determination of IDR Available Cash with
respect to such quarter shall be deemed to have been made, established, increased or reduced, for
purposes of determining IDR Available Cash, during such quarter if the General Partner so
determines in its reasonable discretion.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>IDR Contribution Agreement</B>&#148; means that certain contribution agreement, dated as of even date
herewith, among the Master Limited Partnership, the Partnership, Western Pocahontas, Great
Northern, New Gauley and NRP Investment L.P.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>IDR Distribution Amount</B>&#148; means, with respect to any quarter, all distributions received by
the Partnership from the Master Limited Partnership with respect to the IDR Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>IDR Percentage Interest</B>&#148; of a Partner means the aggregate percentage, if any, set forth
opposite such Partner&#146;s name under the column &#147;IDR Percentage Interest&#148; in <U>Schedule&nbsp;I</U>
hereto, as the same may be modified from time to time as provided herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>IDR Items</B>&#148; means, for each Taxable Year, the Partnership&#146;s items of income, gain, loss,
deduction or credit attributable to its ownership of IDR Units, as determined in the reasonable
discretion of the General Partner, by applying rules analogous to those set forth in clauses (a)
through (f)&nbsp;of the definition of Profits and Losses but taking into account only those items of
Partnership income, gain, loss, deduction and credit that are attributable to the Partnership&#146;s
ownership of IDR Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>IDR Units</B>&#148; means 3,500,000 of the common units representing limited partner interests in the
Master Limited Partnership that the Partnership received from the Master Limited Partnership
pursuant to the IDR Contribution Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Incentive Distribution Rights</B>&#148; means the incentive distribution rights issued by the Master
Limited Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Indemnified Persons</B>&#148; is defined in Section&nbsp;10.4.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Investor Rights Agreement</B>&#148; means that certain Investor Rights Agreement of even date herewith
by and among Adena, the Partnership, the General Partner and Robertson Coal Management LLC.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Limited Partner</B>&#148; means any Person admitted to the Partnership as a Limited Partner and who is
shown as such on the books and records of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Limited Partnership Interest</B>&#148; means, a limited partnership interest in the Partnership, which
refers to all of a limited partner&#146;s rights and interests in the Partnership in such Person&#146;s
capacity as a limited partner thereof, including without limitation such limited partner&#146;s IDR
Percentage Interest, all as provided in the Partnership Agreement and the Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Liquidating Trustee</B>&#148; is defined in Section&nbsp;8.3(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Losses</B>&#148; is defined in the definition of &#147;Profits&#148; and &#147;Losses&#148;.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Master Limited Partnership</B>&#148; means Natural Resource Partners L.P., and any successor thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Master Limited Partnership Agreement</B>&#148; means the Second Amended and Restated Agreement of
Limited Partnership of the Master Limited Partnership, dated as of the Effective Date, as amended,
modified, supplemented or restated from time to time in accordance with the terms thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Minimum Gain</B>&#148; shall have the meaning assigned to that term in Regulation&nbsp;Section&nbsp;1.704-2(d).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>New Gauley</B>&#148; shall mean New Gauley Coal Corporation, a West Virginia corporation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Nonrecourse Deduction</B><B><I>s</I></B>&#148; shall have the meaning assigned to that term in Regulation&nbsp;Section
1.704-2(b)(1).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Nonrecourse Liability</B>&#148; shall have the meaning assigned to that term in Regulation&nbsp;Section
1.752-1(a)(2).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Non-Selling Partner</B>&#148; is defined in Section&nbsp;7.7(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Notice</B>&#148; means a writing, containing the information required by this Agreement to be
communicated to a party, and shall be deemed to have been received (a)&nbsp;when personally delivered or
sent by telecopy, (b)&nbsp;one day following delivery by overnight delivery courier with all delivery
charges pre-paid, or (c)&nbsp;on the third Business Day following the date on which it was sent by
United States mail postage prepaid, to such party at the address or fax number, as the case may be,
of such party as shown on the records of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Offer</B>&#148; is defined in Section&nbsp;7.7(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Offeror</B>&#148; is defined in Section&nbsp;7.7(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Omnibus Agreement</B>&#148; means the Omnibus Agreement dated as of October&nbsp;17, 2002 among the
Partnership, the General Partner, NRP Operating LLC, the Master Limited Partnership, Arch Coal,
Inc., Ark Land Company, New Gauley, Western Pocahontas, Great Northern and Robertson Coal
Management LLC .
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Optioned Interest</B>&#148; is defined in Section&nbsp;7.7(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Original Limited Partnership Agreement</B>&#148; is defined in the preamble hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Partner</B>&#148; means the General Partner or any of the Limited Partners, and &#147;Partners&#148; means the
General Partner and all of the Limited Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Partner Nonrecourse Debt</B>&#148; shall have the meaning assigned to the term &#147;partner nonrecourse
debt&#148; in Regulation&nbsp;Section&nbsp;1.704-2(b)(4).
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Partner Nonrecourse Debt Minimum Gain</B>&#148; shall have the meaning assigned to the term &#147;partner
nonrecourse debt minimum gain&#148; set forth in Regulation&nbsp;Section&nbsp;1.704-2(i)(2).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Partner Nonrecourse Deductions</B>&#148; shall have the meaning assigned to the term &#147;partner
nonrecourse deduction&#148; in Regulation&nbsp;Section&nbsp;1.704-2(i)(1).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Partnership</B>&#148; is defined in the preamble hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Partnership Interest</B>&#148; means a Partner&#146;s limited partnership or general partnership interest
in the Partnership which refers to all of a Partner&#146;s rights and interests in the Partnership in
such Partner&#146;s capacity as a Partner, all as provided in this Agreement and the Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Percentage Interest</B>&#148; of a Partner means the aggregate percentage set forth opposite such
Partner&#146;s name under the column &#147;Percentage Interest&#148; in <U>Schedule&nbsp;I</U> hereto, as the same may
be modified from time to time as provided herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Permitted Transfer</B>&#148; shall mean:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a Transfer of all of a Partnership Interest by any Partner who is a natural person
to (i)&nbsp;such Partner&#146;s spouse, children (including legally adopted children and
stepchildren), spouses of children or grandchildren or spouses of grandchildren, (ii)&nbsp;a
trust for the benefit of the Partner and/or any of the Persons described in clause (i), or
(iii)&nbsp;a limited partnership or limited liability company whose sole partners or members, as
the case may be, are the Partner and or any of the Persons described in clause (i)&nbsp;or clause
(ii); <I>provided, </I>that in any of clauses (i), (ii), or (iii), the Partner transferring such
Partnership Interest retains exclusive power to exercise all rights under this Agreement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a Transfer of all of a Partnership Interest by any Partner to the Partnership;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) a Transfer of all of a Partnership Interest by a Partner to any Affiliate of such
Partner; <I>provided, however, </I>that such transfer shall be a Permitted Transfer only so long as
such Partnership Interest is held by such Affiliate or is otherwise transferred in another
Permitted Transfer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Provided, however, </I>that Adena may Transfer any or all of its Partnership Interest in a
Permitted Transfer. Except in the case of a Permitted Transfer pursuant to clause (b)&nbsp;above, from
and after the date on which a Permitted Transfer becomes effective, the Permitted Transferee of the
Partnership Interest so transferred shall have the same rights, and shall be bound by the same
obligations, under this Agreement as the transferor of such Partnership Interest, or portion
thereof, and shall be deemed for all purposes hereunder a Partner and such Permitted Transferee
shall, as a condition to such Transfer, agree in writing to be bound by the terms of this
Agreement. No Permitted Transfer shall conflict with or result in any violation of any judgment,
order, decree, statute, law, ordinance, rule or regulation or require the Partnership, if not
currently subject, to become subject, or if currently subject, to become subject to a greater
extent, to any statute, law, ordinance, rule or regulation, excluding matters of a ministerial
nature that are not materially burdensome to the Partnership.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Permitted Transferee</B>&#148; shall mean any Person who shall have acquired and who shall hold a
Partnership Interest pursuant to a Permitted Transfer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Person</B>&#148; means any individual, partnership, corporation, limited liability company, trust,
incorporated or unincorporated organization or other legal entity of any kind.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Piggyback Notice</B>&#148; is defined in Section&nbsp;10.3.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Profits</B>&#148; and &#147;<B>Losses</B>&#148; means, for each Taxable Year, an amount equal to the Partnership&#146;s net
taxable income or loss for such year, determined in accordance with Section 703(a) of the Code
(for this purpose, all items of income, gain, loss or deduction required to be stated separately
pursuant to Section&nbsp;703(a)(1) of the Code shall be included in computing such taxable income or
loss), with the following adjustments (without duplication):
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Any income of the Partnership that is exempt from federal income tax and not
otherwise taken into account in computing Profits or Losses shall be added to such taxable
income or loss;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any expenditures of the Partnership described in Section&nbsp;705(a)(2)(B) of the Code
or treated as Code Section&nbsp;705(a)(2)(B) expenditures pursuant to Regulation&nbsp;Section
l.704-1(b)(2)(iv)(i), and not otherwise taken into account in computing Profits or Losses,
shall be subtracted from such taxable income or loss;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) In the event the Gross Asset Value of any Partnership asset is adjusted pursuant to
subparagraphs (b)&nbsp;or (c)&nbsp;of the definition of Gross Asset Value the amount of such
adjustment shall be treated as an item of gain (if the adjustment increases the Gross Asset
Value of the asset) or an item of loss (if the adjustment decreases the Gross Asset Value of
the asset) from the disposition of such asset and shall be taken into account for purposes
of computing Profits or Losses;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Gain or loss resulting from any disposition of Property (other than money) with
respect to which gain or loss is recognized for federal income tax purposes shall be
computed by reference to the Gross Asset Value of the Property disposed of, notwithstanding
that the adjusted tax basis of such Property differs from its Gross Asset Value;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) In lieu of the depreciation amortization, and other cost recovery deductions taken
into account in computing such taxable income or loss there shall be taken into account
Depreciation for such Taxable Year computed in accordance with the definition of
Depreciation;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) To the extent an adjustment to the adjusted tax basis of any Partnership asset
pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Regulation
Sections&nbsp;1.704-1(b)(2)(iv)(m)(4) to be taken into account in determining Capital Accounts as
a result of a distribution other than in liquidation of a Partner&#146;s interest in the
Partnership, the amount of such adjustment shall be treated as an item of gain (if the
adjustment increases the basis of the asset) or loss (if the adjustment
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">decreases such basis) from the disposition of such asset and shall be taken into
account for purposes of computing Profits or Losses; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Any items that are allocated pursuant to the Regulatory Allocations and all IDR Items shall not be
taken into account in computing Profits and Losses. The amounts of the items of Partnership
income, gain, loss or deduction available to be allocated pursuant to the Regulatory
Allocations shall be determined by applying rules analogous to those set forth in clauses
(a)&nbsp;through (f)&nbsp;hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Property</B>&#148; means all assets, real or intangible, that the Partnership may own or otherwise
have an interest in from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Put Notice</B>&#148; is defined in Section&nbsp;7.8(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Put Period</B>&#148; is defined in Section&nbsp;7.8(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Put Price</B>&#148; is defined in Section&nbsp;7.8(f).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Put Right</B>&#148; is defined in Section&nbsp;7.8(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Put Terms</B>&#148; is defined in Section&nbsp;7.8(d).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Put/Call Event</B>&#148; is defined in Section&nbsp;7.8(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Put/Call Expiration Date</B>&#148; means the earliest to occur of (i)&nbsp;seven years from the Effective
Date, (ii)&nbsp;the first date on which Adena does not own beneficially (as defined in Rule&nbsp;13d-3 under
the Securities Exchange Act of 1934, as amended) either (A)&nbsp;an amount of limited partner interests
in the Master Limited Partnership comprising more than 5% of the aggregate limited partner
interests in the Master Limited Partnership then issued and outstanding or (B)&nbsp;an amount of Limited
Partnership Interests comprising more than 5% of the aggregate Limited Partnership Interests then
issued and outstanding, and (iii)&nbsp;the consummation of a Qualified Initial Public Offering.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Qualified Initial Public Offering</B>&#148; means the initial offering and sale by the Partnership of
Limited Partnership Interests to the public pursuant to a registration statement that has been
declared effective by the Commission and which results in the listing or quotation of such Limited
Partnership Interests on a national securities exchange or quotation system.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Regulations</B>&#148; means the regulations, including temporary regulations promulgated by the United
States Department of Treasury with respect to the Code, as such regulations are amended from time
to time or corresponding provisions of future regulations.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Regulatory Allocations</B>&#148; is defined in Section&nbsp;5.3(h).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Selling Partner</B>&#148; is defined in Section&nbsp;7.7(a).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Tax Matters Partner</B>&#148; is defined in Section&nbsp;6.1(c).
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Taxable Year</B>&#148; means the calendar year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Third Amended and Restated Limited Partnership Agreement</B>&#148; is defined in the preamble hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Transfer</B>&#148; or &#147;<B>Transferred</B>&#148; means to give, sell, exchange, assign, transfer, pledge,
hypothecate, bequeath, devise or otherwise dispose of or encumber, voluntarily or involuntarily, by
operation of law or otherwise. When referring to a Partnership Interest, &#147;Transfer&#148; shall mean the
Transfer of any or all of such Partnership Interest whether of record, beneficially, by
participation or otherwise, other than an indirect Transfer, or a Transfer of beneficial ownership,
of any or all of the Partnership Interest held of record by (i)&nbsp;Adena under circumstances in which
Christopher Cline and his Affiliates control Adena immediately after such Transfer, (ii)&nbsp;any of
Western Pocahontas, New Gauley or NRP Investment L.P. under circumstances in which Corbin J.
Robertson, Jr. and his Affiliates control such Partner immediately after such Transfer and (iii)
Great Northern under circumstances in which the partners in Great Northern as of the date of this
Agreement and their respective Affiliates control Great Northern immediately after such Transfer.
For purposes of this definition, &#147;control&#148; means the possession, directly or indirectly, of the
power to direct or cause the direction of the management or policies of a Person whether through
(A)&nbsp;the ownership of voting securities, general partner interests or managing member interests, (B)
the right to appoint directors or managers, or (C)&nbsp;by contract.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>Western Pocahontas</B>&#148; shall mean Western Pocahontas Properties Limited Partnership, a Delaware
limited partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B>WPP Group</B>&#148; shall mean collectively Western Pocahontas, Great Northern and New Gauley.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE II<BR>
ORGANIZATION</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.1 Formation of Limited Partnership</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Partners have previously formed the Partnership as a limited partnership pursuant to the
provisions of the Act, and the parties hereto hereby agree to amend and restate the Third Amended
and Restated Limited Partnership Agreement. The parties hereto acknowledge that they intend that
the Partnership be taxed as a partnership and not as an association taxable as a corporation for
federal income tax purposes. No election may be made to treat the Partnership as other than a
partnership for federal income tax purposes.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.2 Name of Partnership</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The name of the Partnership is NRP (GP)&nbsp;LP, or such other name as the General Partner may
hereafter adopt from time to time. The General Partner shall execute and file in the proper offices
such certificates as may be required by any assumed name act or similar law in effect in the
jurisdictions in which the Partnership may elect to conduct business.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.3 Principal Office; Registered Office</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The principal office address of the Partnership is located at 601 Jefferson Street, Suite
3600, Houston, Texas 77002, or such other place as the General Partner designates from time to
time. The registered office address and the name of the registered agent of the Partnership for
service of process on the Partnership in the State of Delaware is as stated in the Certificate or
as designated from time to time by the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.4 Term of Partnership</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The term of the Partnership commenced on April&nbsp;9, 2002, and shall continue until dissolved
pursuant to Section&nbsp;8.1 hereof. The legal existence of the Partnership as a separate legal entity
continues until the cancellation of the Certificate.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.5 Purpose of Partnership</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Partnership is formed for the object and purpose of, and the nature of the business to be
conducted and promoted by the Partnership is, (a)&nbsp;acting as the general partner of the Master
Limited Partnership pursuant to the Master Limited Partnership Agreement, (b)&nbsp;holding the general
partner interest and limited partner interests in the Master Limited Partnership and (c)&nbsp;engaging
in any and all activities necessary or incidental to the foregoing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.6 Actions by Partnership</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Partnership may execute, deliver and perform all contracts, agreements and other
undertakings and engage in all activities and transactions as may in the opinion of the General
Partner be necessary or advisable to carry out its objects.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.7 Reliance by Third Parties</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Persons dealing with the Partnership are entitled to rely conclusively upon the power and
authority of the General Partner as herein set forth.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE III<BR>
CAPITAL</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.1 Capital Contributions</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;On or before the date of this Agreement, each Partner agrees to make, or shall have made,
a Capital Contribution consisting of cash or property as set forth opposite such Partner&#146;s name on
<U>Schedule&nbsp;I</U> hereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Each Partner agrees to make Capital Contributions in proportion to such Partner&#146;s
Percentage Interest for equity issuances by the Master Limited Partnership pursuant to Section
5.2(b) of the Master Limited Partnership Agreement.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.2 Additional Capital Contributions</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;No Partner shall be required to make any additional Capital Contribution other than as
required under Section&nbsp;3.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The Partnership may offer additional Partnership Interests to any Person with the approval
of the General Partner. The terms of admission or issuance may be reflected in an amendment to
this Agreement, including an amendment to <U>Schedule&nbsp;I</U> to reflect revised Percentage
Interests and IDR Percentage Interests.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.3 Loans</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;No Partner shall be obligated to loan funds to the Partnership. Loans by a Partner to the
Partnership shall not be considered Capital Contributions. The amount of any such loan shall be a
debt of the Partnership owed to such Partner in accordance with the terms and conditions upon which
such loan is made.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;A Partner may (but shall not be obligated to) guarantee a loan made to the Partnership. If
a Partner guarantees a loan made to the Partnership and is required to make payment pursuant to
such guarantee to the maker of the loan, then the amounts so paid to the maker of the loan shall be
treated as a loan by such Partner to the Partnership and not as an additional Capital Contribution.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.4 Maintenance of Capital Accounts</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The Partnership shall maintain for each Partner a separate Capital Account with respect to
the Partnership Interest owned by such Partner in accordance with the following provisions:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To each Partner&#146;s Capital Account there shall be credited (A)&nbsp;such Partner&#146;s
Capital Contributions, (B)&nbsp;such Partner&#146;s share of Profits and any items in the nature of
income or gain which are allocated to such Partner pursuant to the Regulatory Allocations,
(C)&nbsp;items of income or gain which are allocated to such Partner pursuant to Section&nbsp;5.3(e)
and (D)&nbsp;the amount of any Partnership liabilities assumed by such Partner or which are
secured by any Property distributed to such Partner. The principal amount of a promissory
note which is not readily traded on an established securities market and which is
contributed to the Partnership by the maker of the note (or a Partner related to the maker
of the note within the meaning of Regulation&nbsp;Section&nbsp;1.704-1(b)(2)(ii)(c)) shall not be
included in the Capital Account of any Partner until the Partnership makes a taxable
disposition of the note or until (and only to the extent) principal payments are made on the
note, all in accordance with Regulation&nbsp;Section l.704-l(b)(2)(iv)(d)(2);
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To each Partner&#146;s Capital Account there shall be debited (A)&nbsp;the amount of money
and the Gross Asset Value of any Property distributed or treated as an advance distribution
to such Partner pursuant to any provision of this Agreement (including without limitation
any distributions pursuant to Section&nbsp;4.1), (B)&nbsp;such Partner&#146;s share of Losses and any items
in the nature of deduction or loss which are allocated to such Partner pursuant to the
Regulatory Allocations and (C)&nbsp;the amount of any liabilities of
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">such Partner assumed by the Partnership or which are secured by any Property
contributed by such Partner to the Partnership:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) In the event Partnership Interests are Transferred in accordance with the terms
of this Agreement, the transferee shall succeed to the Capital Account of the transferor to
the extent such Capital Account relates to the Transferred Partnership Interests; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) In determining the amount of any liability for purposes of Sections&nbsp;3.4(a)(i) and
(ii)&nbsp;there shall be taken into account Code Section 752(c) and any other applicable
provisions of the Code and Regulations.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The foregoing Section&nbsp;3.4(a) and the other provisions of this Agreement relating to the
maintenance of Capital Accounts are intended to comply with Regulation&nbsp;Section&nbsp;1.704-1(b) and, to
the greatest extent practicable, shall be interpreted and applied in a manner consistent with such
Regulation. The General Partner in its discretion and to the extent otherwise consistent with the
terms of this Agreement shall (i)&nbsp;make any adjustments that are necessary or appropriate to
maintain equality between the Capital Accounts of the Partners and the amount of capital reflected
on the Partnership&#146;s balance sheet, as computed for book purposes, in accordance with Regulation
Section l.704-1(b)(2)(iv)(q), and (ii)&nbsp;make any appropriate modifications in the event
unanticipated events might otherwise cause this Agreement not to comply with Regulation&nbsp;Section
1.704-1(b).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.5 Capital Withdrawal Rights, Interest and Priority</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except as expressly provided in this Agreement, no Partner shall be entitled to (a)&nbsp;withdraw
or reduce such Partner&#146;s Capital Contribution or to receive any distributions from the Partnership,
or (b)&nbsp;receive or be credited with any interest on the balance of such Partner&#146;s Capital
Contribution at any time. An unrepaid Capital Contribution is not a liability of the Partnership
or of any Partner.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE IV<BR>
DISTRIBUTIONS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.1 Distributions of Available Cash</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;An amount equal to 100% of Available Cash and IDR Available Cash with respect to each fiscal
quarter of the Partnership shall be distributed to the Partners in proportion to their relative
Percentage Interests and their relative IDR Percentage Interests, respectively, within forty-five
days after the end of such quarter.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.2 Persons Entitled to Distributions</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All distributions of Available Cash and IDR Available Cash to Partners for a fiscal quarter
pursuant to Section&nbsp;4.1 shall be made to the Partners shown on the records of the Partnership to be
entitled thereto as of the last day of such quarter unless the transferor and transferee of any
Partnership Interest otherwise agree in writing to a different distribution and such distribution
is consented to in writing by the General Partner.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.3 Limitations on Distributions</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Notwithstanding any provision of this Agreement to the contrary no distributions shall be
made except pursuant to this Article&nbsp;IV or Article&nbsp;VIII.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Notwithstanding any provision of this Agreement to the contrary, no distribution hereunder
shall be permitted if such distribution would violate Section&nbsp;17-607 of the Act or other applicable
law.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE V<BR>
ALLOCATIONS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.1
Profits and Losses</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Profits and Losses for any
Taxable Year shall be allocated to the Partners in proportion to their respective Percentage Interests; provided, however, that no
Limited Partner shall be allocated any Losses pursuant to this Section&nbsp;5.1 to the extent it would
cause such Limited Partner to have an Adjusted Capital Account Deficit (or it would cause an
increase in such Limited Partner&#146;s Adjusted Capital Account Deficit), with any such Losses that may
not be so allocated specially allocated to the other Limited Partners in proportion to the amounts
that may be so allocated without causing or increasing an Adjusted Capital Account Deficit and with
any excess amount allocated to the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.2
IDR Items</B>
</DIV>




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IDR Items for any Taxable Year shall be allocated to the Partners in proportion to their
relative IDR Percentage Interests; provided, however, no Limited Partner shall be allocated any
deduction or loss pursuant to this Section&nbsp;5.2 to the extent it would cause such Limited Partner to
have an Adjusted Capital Account Deficit (or it would cause an increase in such Partner&#146;s Adjusted
Capital Account Deficit), with any such Losses that may not be so allocated specially allocated to
the other Limited Partners in proportion to the amounts that may be so allocated without causing or
increasing an Adjusted Capital Account Deficit and with any excess amount allocated to the General
Partner.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.3 Regulatory Allocations</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following allocations shall be made in the following order:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;<U>Nonrecourse Deductions</U>. Nonrecourse Deductions shall be allocated to the Partners
in accordance with their Percentage Interests.
</DIV>

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</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;<U>Partner Nonrecourse Deductions</U>. Partner Nonrecourse Deductions attributable to
Partner Nonrecourse Debt shall be allocated to the Partners bearing the Economic Risk of Loss for
such Partner Nonrecourse Debt as determined under Regulation&nbsp;Section&nbsp;1.704-2(b)(4). If more than
one Partner bears the Economic Risk of Loss for such Partner Nonrecourse Debt, the Partner
Nonrecourse Deductions attributable to such Partner Nonrecourse Debt shall be allocated among the
Partners according to the ratio in which they bear the Economic Risk of Loss. This <U>Section
5.3(b)</U> is intended to comply with the provisions of Regulation&nbsp;Section&nbsp;1.704-2(i) and shall be
interpreted consistently therewith.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;<U>Minimum Gain Chargeback</U>. Notwithstanding any other provision hereof to the
contrary, if there is a net decrease in Minimum Gain for a Taxable Year (or if there was a net
decrease in Minimum Gain for a prior Taxable Year and the Partnership did not have sufficient
amounts of income and gain during prior years to allocate among the Partners under this <U>Section
5.3(c)</U>), items of income and gain shall be allocated to each Partner in an amount equal to such
Partner&#146;s share of the net decrease in such Minimum Gain (as determined pursuant to Regulation
Section&nbsp;1.704-2(g)(2)). This <U>Section&nbsp;5.3(c)</U> is intended to constitute a minimum gain
chargeback under Regulation&nbsp;Section&nbsp;1.704-2(f) and shall be interpreted consistently therewith.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;<U>Partner Minimum Gain Chargeback</U>. Notwithstanding any provision hereof to the
contrary except <U>Section&nbsp;5.3(c)</U> (dealing with Minimum Gain), if there is a net decrease in
Partner Nonrecourse Debt Minimum Gain for a Taxable Year (or if there was a net decrease in Partner
Nonrecourse Debt Minimum Gain for a prior Taxable Year and the Company did not have sufficient
amounts of income and gain during prior years to allocate among the Partners under this <U>Section
5.3(d)</U>), items of income and gain shall be allocated to each Partner in an amount equal to such
Partner&#146;s share of the net decrease in Partner Nonrecourse Debt Minimum Gain (as determined
pursuant to Regulation&nbsp;Section&nbsp;1.704-2(i)(4)). This <U>Section&nbsp;5.3(d)</U> is intended to
constitute a partner nonrecourse debt minimum gain chargeback under Regulation&nbsp;Section
1.704-2(i)(4) and shall be interpreted consistently therewith.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;<U>Gross Income Allocation</U>. In the event any Partner has an Adjusted Capital Account
Deficit at the end of any Taxable Year, such Partner shall be specially allocated items of
Partnership income and gain in the amount of such deficit balance as quickly as possible; <I>provided</I>,
that, an allocation pursuant to this Section&nbsp;5.3(e) shall be made only if and to the extent that
such Partner would have an Adjusted Capital Account Deficit balance after all other allocations
provided for in this Article&nbsp;V have been made.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;<U>Qualified Income Offset</U>. In the event any Partner unexpectedly receives any
adjustments, allocations or distributions described in Regulation&nbsp;Sections&nbsp;1.704-l(b)(2)(ii)(d)(4),
1.704-1(b)(2)(ii)(d)(5) or 1.704-1(b)(2)(ii)(d)(6), items of Partnership income and gain shall be
specially allocated to such Partner in an amount and manner sufficient to eliminate, to the extent
required by the Regulations, the Adjusted Capital Account Deficit of such Partner as quickly as
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">possible, provided, that, an allocation pursuant to this Section&nbsp;5.3(f) shall be made only if
and to the extent that such Partner would have an Adjusted Capital Account Deficit after all other
allocations provided for in this Article&nbsp;V have been made.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;<U>Curative Allocations</U>.
The allocations set forth in this Section&nbsp;5.3 and any special allocation of deduction and loss as a result of an Adjusted
Capital Account Deficit limitation pursuant to Section&nbsp;5.1 or Section&nbsp;5.2
 hereof (the &#147;<B>Regulatory Allocations</B>&#148;) are intended to comply with certain
requirements of the Regulations. It is the intent of the Partners that, to the extent possible, all
Regulatory Allocations shall be offset either with other Regulatory Allocations or with special
allocations of other items of Partnership income, gain, loss or deduction pursuant to this Section
5.3(h). Therefore, notwithstanding any other provision of this Article&nbsp;V (other than the
Regulatory Allocations), the General Partner shall make such offsetting special allocations of
income, gain, loss or deduction in whatever manner it determines appropriate so that, after such
offsetting allocations are made, each Partner&#146;s Capital Account balance is, to the extent possible,
equal to the Capital Account balance such Partner would have had if the Regulatory Allocations were
not part of this Agreement and all such items were allocated pursuant
to Sections&nbsp;5.1 and 5.2 without regard to the Regulatory Allocations.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.4 Tax Allocations: Code Section&nbsp;704(c)</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Except as otherwise provided herein, for federal income tax purposes, (i)&nbsp;each item of
income, gain, loss and deduction shall be allocated among the Partners in the same manner as its
correlative item of &#147;book&#148; income, gain, loss or deduction
is allocated pursuant to Sections&nbsp;5.1, 5.2 and 5.3, and (ii)&nbsp;each tax credit shall be allocated to the Partners in the same manner as the
receipt or expenditure giving rise to such credit is allocated
pursuant to Sections&nbsp;5.1, 5.2 and 5.3.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;In accordance with Code Section 704(c) and the Regulations thereunder, income, gain, loss
and deduction with respect to any Property contributed to the capital of the Partnership shall,
solely for tax purposes, be allocated among the Partners so as to take account of any variation
between the adjusted basis of such Property to the Partnership for federal income tax purposes and
its initial Gross Asset Value (computed in accordance with the definition herein of &#147;<B>Gross Asset
Value</B>&#148;). The Partnership shall use the remedial method of allocations specified in Treas. Reg.
&#167;1.704-3(d), or successor regulations, unless otherwise required by law, with respect to the
initial contribution property set forth on <U>Schedule&nbsp;I</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;In the event the Gross Asset Value of any Partnership asset is adjusted pursuant to
subparagraph (b)&nbsp;of the definition herein of &#147;Gross Asset Value&#148;, subsequent allocations of income,
gain, loss and deduction with respect to such asset shall take account of any variation between the
adjusted basis of such asset for federal income tax purposes and its Gross Asset Value in the same
manner as under Code Section 704(c) and the Regulations thereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Any elections or other decisions relating to such allocations shall be made by the General
Partner in any manner that reasonably reflects the purpose and intention of this
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Agreement; <I>provided</I>, that the Partnership, in the discretion of the General Partner, may make,
or not make, &#147;curative&#148; or &#147;remedial&#148; allocations (within the meaning of the Regulations under Code
Section&nbsp;704(c)) including, but not limited to, &#147;curative&#148; allocations which offset the effect of
the &#147;ceiling rule&#148; for a prior Taxable Year (within the meaning of Regulation&nbsp;Section
1.704-3(c)(3)(ii)) and &#147;curative&#148; allocations from disposition of contributed property (within the
meaning of Regulation&nbsp;Section&nbsp;1.704-3(c)(3)(iii)(B)). Allocations pursuant to this Section&nbsp;5.4 are
solely for purposes of federal, state, and local taxes and shall not affect, or in any way be taken
into account in computing, any Partner&#146;s Capital Account or share of Profits, Losses, other items,
or distributions pursuant to any provision of this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.5 Change in Percentage Interests or IDR Percentage Interests</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the event that the Partners&#146; Percentage Interests or IDR Percentage Interests change
during a Taxable Year, Profits and Losses shall be allocated taking into account the Partners&#146;
varying Percentage Interests and IDR Percentage Interests, as the case may be, for such Taxable
Year, determined on a daily, monthly or other basis as determined by the General Partner, using any
permissible method under Code Section&nbsp;706 and the Regulations thereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.6 Withholding</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Partner hereby authorizes the Partnership to withhold from income or distributions
allocable to such Partner and to pay over any taxes payable by the Partnership or any of its
Affiliates as a result of such Partner&#146;s participation in the Partnership; if and to the extent
that the Partnership shall be required to withhold any such taxes, such Partner shall be deemed for
all purposes of this Agreement to have received a distribution from the Partnership as of the time
such withholding is required to be paid, which distribution shall be deemed to be a distribution to
such Partner to the extent that the Partner is then entitled to receive a distribution. To the
extent that the aggregate of such distributions in respect of a Partner for any period exceeds the
distributions to which such Partner is entitled for such period, the amount of such excess shall be
considered a demand loan from the Partnership to such Partner, with interest at the rate of
interest per annum that Citibank, N.A., or any successor entity thereto, announces from time to
time as its prime lending rate, which interest shall be treated as an item of Partnership income,
until discharged by such Partner by repayment, which may be made in the sole discretion of the
General Partner out of distributions to which such Partner would otherwise be subsequently
entitled. The withholdings referred to in this Section&nbsp;5.6 shall be made at the maximum applicable
statutory rate under applicable tax law unless the General Partner shall have received an opinion
of counsel or other evidence, satisfactory to the General Partner, to the effect that a lower rate
is applicable, or that no withholding is applicable.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE VI<BR>
MANAGEMENT</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>6.1 Duties and Powers of the General Partner</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The business and affairs of the Partnership shall be managed by the General Partner.
Except for situations in which the approval of the Limited Partners is expressly required by this
Agreement or by nonwaivable provisions of applicable law, the General Partner shall
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">have full and complete authority, power and discretion to manage and control the business,
affairs and property of the Partnership, to make all decisions regarding those matters and to
perform any and all other acts or activities customary or incident to the management of the
Partnership&#146;s business. Without limiting the generality of the foregoing, the General Partner has
full power and authority to execute, deliver and perform such contracts, agreements and other
undertakings on behalf of the Partnership, without the consent or approval of any other Partner,
and to engage in all activities and transactions, as it may deem necessary or advisable for, or as
may be incidental to, the conduct of the business and affairs of the Partnership.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Each Limited Partner agrees to cooperate with the General Partner and to execute and
deliver such documents, agreements and instruments, and do all such further acts, as deemed
necessary or advisable by the General Partner to give effect to the exercise of the General
Partner&#146;s powers under this Section&nbsp;6.1. Without limiting the foregoing, each Limited Partner
hereby irrevocably appoints the General Partner as its proxy and attorney-in-fact (with full power
of substitution and resubstitution) to vote or act by written consent with respect to its
Partnership Interest as a Limited Partner as determined by the General Partner on all matters
requiring the vote, approval or consent of the Limited Partners. The Partners acknowledge that such
proxy is coupled with an interest and is irrevocable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The General Partner is the tax matters partner (the &#147;<B>Tax Matters Partner</B>&#148;) for purposes of
Section&nbsp;6231 of the Code and analogous provisions of state law. The Tax Matters Partner has the
exclusive authority and discretion to make any elections required or permitted to be made by the
Partnership under any provisions of the Code or any other applicable laws; <I>provided, however</I>, that
no election shall be made by or on behalf of the Partnership to be excluded from application of
Subchapter K Chapter&nbsp;I of Subtitle A of the Code or from any similar provisions of any state tax
laws or to be treated as a corporation for federal tax purposes. The Tax Matters Partner shall use
its reasonable best efforts to keep each Partner informed of any administrative and judicial
proceedings for the adjustment at the Partnership level of any item required to be taken into
account by a Partner for income tax purposes or any extension of the period of limitations for
making assessments of any tax against a Partner with respect to any Partnership item, or of any
agreement with the Internal Revenue Service that would result in any material change either in
Profits or Losses as previously reported.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>6.2 No Liability to Limited Partners</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except in case of gross negligence or willful malfeasance of the person (the General Partner
or any of the members, managers, directors, officers, agents or employees of the General Partner)
who is sought to be held liable, neither the General Partner nor the members, managers, directors,
officers, agents or employees of the General Partner will be liable to any Limited Partner or the
Partnership (i)&nbsp;for any action taken with respect to the Partnership which is not in violation of
the provisions of this Agreement, or (ii)&nbsp;for any action taken by any member, manager, director,
officer, agent or employee of the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>6.3 Indemnification of General Partner</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Partnership shall indemnify the General Partner, the members, managers, directors,
officers, agents and employees of the General Partner against any losses, liabilities, damages and
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">expenses to which any of such persons may become subject, including attorneys&#146; fees, judgments
and amounts paid in settlement, actually and reasonably incurred by them, and advance all expenses
to them, in connection with any threatened, pending or completed action, suit or proceeding to
which any of them was or is a party or is threatened to be made a party by reason of the direct or
indirect association by them with the Partnership to the maximum extent permitted by applicable
law.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>6.4 Rights of Limited Partners</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Limited Partners will not be personally liable for any obligations of the Partnership nor
will they have any obligation to make contributions to the Partnership in excess of their
respective Capital Contributions required under Section&nbsp;3.1 or have any liability for the repayment
or discharge of the debts and obligations of the Partnership except to the extent provided herein
or as required by law. The Limited Partners shall take no part in the management, control or
operation of the Partnership&#146;s business and shall have no power to bind the Partnership and no
right or authority to act for the Partnership or to vote on matters other than the matters set
forth in this Agreement or as required by applicable law.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE VII<BR>
TRANSFERS OF PARTNERSHIP INTERESTS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.1 Transfer of Limited Partnership Interests</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;A Limited Partner may Transfer any or all of such Partner&#146;s Partnership Interest (i)&nbsp;to a
Permitted Transferee pursuant to Section&nbsp;7.2, (ii)&nbsp;pursuant to the terms of Section&nbsp;7.7 or (iii)
pursuant to a Qualified Initial Public Offering; <I>provided, however</I>, that a Limited Partner other
than Adena may only Transfer all of its Partnership Interest pursuant to clause (i)&nbsp;above and the
Limited Partners who are members of the WPP Group may only Transfer the entirety of their
Partnership Interests collectively as a group pursuant to clause (ii)&nbsp;above. Any purported
Transfer of a Partnership Interest in violation of the terms of this Agreement shall be null and
void and of no force and effect. Except upon a Transfer of all of a Limited Partner&#146;s Partnership
Interest in accordance with this Section&nbsp;7.1 or Section&nbsp;7.8, no Limited Partner shall have the
right to withdraw as a Partner of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Notwithstanding any other provision of this Agreement, no Limited Partner may pledge,
mortgage or otherwise subject its Limited Partnership Interest to any Encumbrance, <I>provided,
however</I>, that any Limited Partner may pledge, mortgage, assign or grant a security interest in its
right to receive distributions from or with respect to its Limited Partnership Interest to any
Person.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.2 Permitted Transferees</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Notwithstanding the provisions of Section&nbsp;7.7, each Limited Partner shall have the right
to Transfer (but not to substitute the transferee as a substitute Partner in such Partner&#146;s place,
except in accordance with Section&nbsp;7.3), by a written instrument, all of a Limited Partner&#146;s
Partnership Interest to a Permitted Transferee; <I>provided</I>, <I>however</I>, that Adena shall be entitled to
Transfer any or all of its Partnership Interest to a Permitted Transferee. Notwithstanding the
previous sentence, if the Permitted Transferee is such because it was an Affiliate of the
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">transferring Limited Partner at the time of such Transfer or the Transfer was a Permitted
Transfer under clause (a)&nbsp;of the definition herein of &#147;Permitted Transfer&#148; and, at any time after
such Transfer, such Permitted Transferee ceases to be an Affiliate of such Limited Partner or such
Transfer or such Permitted Transferee ceases to qualify under such clause (a) (a &#147;<B>Non-Qualifying
Transferee</B>&#148;), such Transfer shall be deemed to not be a Permitted Transfer and shall be subject to
Section&nbsp;7.7. Pursuant to Section&nbsp;7.7, such transferring Limited Partner or such transferring
Limited Partner&#146;s legal representative shall deliver the First Refusal Notice promptly after the
time when such transferee ceases to be an Affiliate of such transferring Limited Partner or such
Transfer or such Permitted Transferee ceases to qualify under clause (a)&nbsp;of the definition herein
of &#147;Permitted Transfer&#148;, and such transferring Limited Partner shall otherwise comply with the
terms of Section&nbsp;7.7 with respect to such Transfer; <I>provided</I>, that the purchase price for such
Transfer for purposes of Section&nbsp;7.7 shall be an amount agreed upon by such transferring Limited
Partner and the General Partner or, if such Limited Partner and the General Partner cannot agree on
a price within five Business Days after delivery of the First Refusal Notice, such price shall be
the fair market value of the Partnership Interest transferred pursuant to the Transfer as of the
date the transferee ceased to be an Affiliate of such transferring Limited Partner or such Transfer
or such Permitted Transferee ceases to qualify under clause (a)&nbsp;of the definition herein of
&#147;Permitted Transfer&#148; (such date, the &#147;<B>Non-Qualifying Date</B>&#148;), as determined at the Partnership&#146;s
expense by a nationally recognized investment banking firm mutually selected by such transferring
Limited Partner and the General Partner. If such transferring Limited Partner and the General
Partner are unable, within ten days after the expiration of such five Business Day period, to
mutually agree upon an investment banking firm, then each of such transferring Limited Partner and
the General Partner shall choose a nationally recognized investment banking firm and the two
investment banking firms so chosen shall choose a third nationally recognized investment banking
firm which shall determine the fair market value of the Partnership Interest transferred pursuant
to such Transfer at the Partnership&#146;s expense. The determination of fair market value shall be
based on the value that a willing buyer with knowledge of all relevant facts would pay a willing
seller for all the outstanding equity securities of the Partnership in connection with an auction
for the Partnership as a going concern and shall not take into account any acquisitions made by the
Partnership or its Affiliates or any other events subsequent to the Non-Qualifying Date and shall
not be subject to any discount for a sale of a minority interest. If such transferring Limited
Partner fails to comply with all the terms of Section&nbsp;7.7, such Transfer shall be null and void and
of no force and effect. No Non-Qualifying Transferee shall be entitled to receive any distributions
from the Partnership on or after the Non-Qualifying Date and any distributions made in respect of
the Partnership Interests on or after the Non-Qualifying Date and held by such Non-Qualifying
Transferee shall be paid to the Limited Partner who transferred such Partnership Interests or
otherwise to the rightful owner thereof as reasonably, determined by the General Partner.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Unless and until admitted as a substitute Limited Partner pursuant to Section&nbsp;7.3, a
transferee of a Limited Partner&#146;s Partnership Interest, in whole or in part, shall be an assignee
with respect to such Transferred Partnership Interest and shall not be entitled to become, or to
exercise the rights of, a Limited Partner, including the right to vote, the right to require any
information or accounting of the Partnership&#146;s business, or the right to inspect the Partnership&#146;s
books and records. Such transferee shall only be entitled to receive, to the extent of the
Partnership Interest Transferred to such transferee, the share of distributions and profits,
including distributions representing the return of Capital Contributions, to which the transferor
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">would otherwise be entitled with respect to the Transferred Partnership Interest. Subject to
the provisions of Section&nbsp;6.1(b), the transferor shall have the right to vote such Transferred
Partnership Interest until the transferee is admitted to the Partnership as a substitute Limited
Partner with respect to the Transferred Partnership Interest.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.3 Substitute Limited Partners</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No transferee of all or part of a Limited Partner&#146;s Partnership Interest shall become a
substitute Limited Partner in place of the transferor unless and until:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;such Transfer is in compliance with the terms of Section&nbsp;7.1;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;the transferee has executed an instrument in form and substance reasonably satisfactory to
the General Partner accepting and adopting, and agreeing to be bound by, the terms and provisions
of the Certificate and this Agreement; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;the transferee (other than a transferee of Adena or any subsequent transferee thereof that
does not participate directly or indirectly in mining coal, active coal operations, owning
interests in coal reserves or receiving royalties from coal reserves other than providing financing
to or investing in businesses conducting any such activities) has executed an instrument in form
and substance reasonably satisfactory to the General Partner whereby it agrees to become a party to
the Omnibus Agreement and to be bound by the noncompetition provisions of Article&nbsp;II of the Omnibus
Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;the transferee has caused to be paid all reasonable expenses of the Partnership in
connection with the admission of the transferee as a substitute Limited Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon satisfaction of all the foregoing conditions with respect to a particular transferee, the
General Partner shall cause the books and records of the Partnership to reflect the admission of
the transferee as a substitute Limited Partner to the extent of the Transferred Partnership
Interest held by such transferee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.4 Effect of Admission as a Substitute Limited Partner</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A transferee who has become a substitute Limited Partner has to the extent of the Transferred
Partnership Interest all the rights powers and benefits of and is subject to the obligations,
restrictions and liabilities of a Partner under the Certificate this Agreement and the Act. Upon
admission of a transferee as a substitute Limited Partner the transferor of the Partnership
Interest so held by the substitute Limited Partner shall cease to be a Partner of the Partnership
to the extent of such Transferred Partnership Interest.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.5 Consent</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Partner hereby agrees that upon satisfaction of the terms and conditions of this Article
VII with respect to any proposed Transfer the transferee may be admitted as a Partner without any
further action by a Partner hereunder.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.6 Additional Limited Partners</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject to Section&nbsp;3.2, any person acceptable to the General Partner may become an additional
Limited Partner of the Partnership for such consideration as the General Partner shall determine,
provided that such additional Limited Partner complies with all the requirements of a transferee
under Section&nbsp;7.3 (b), (c)&nbsp;and (d); <I>provided, however </I>that Adena Minerals, LLC and its Permitted
Transferees shall not be required to comply with the requirements of a transferee under Section
7.3(c).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.7 Right of First Refusal</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Limited Partners shall have the following right of first refusal:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;If at any time any of the Limited Partners (a &#147;<B>Selling Partner</B>&#148;) has received and wishes
to accept a <I>bona fide </I>offer (the &#147;<B>Offer</B>&#148;) for cash from a third party (the &#147;<B>Offeror</B>&#148;) for all of
such Selling Partner&#146;s Partnership Interest (or, in the case of Adena, any or all of its
Partnership Interest) such Selling Partner shall give Notice thereof (the &#147;<B>First Refusal Notice</B>&#148;)
to each of the other Partners and the Partnership. The First Refusal Notice shall state the
portion of the Selling Partner&#146;s Partnership Interest that the Selling Partner wishes to sell (the
&#147;<B>Optioned Interest</B>&#148;), the price and all other material terms of the Offer, the name of the Offeror,
and certification from the Selling Partner affirming that the Offer is <I>bona fide </I>and that the
description thereof is true and correct and that the Offeror has stated that it will purchase the
Optioned Interest if the rights of first refusal herein described are not exercised.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Each of the Limited Partners other than the Selling Partner (the &#147;<B>Non-Selling Partners</B>&#148;)
shall have the right exercisable by Notice (an &#147;<B>Acceptance Notice</B>&#148;) given to the Selling Partner
and the Partnership within 20&nbsp;days after receipt of the First Refusal Notice, to agree that it will
purchase up to 100% of the Optioned Interest on the terms set forth in the First Refusal Notice;
<I>provided, however</I>, if the Non-Selling Partners in the aggregate desire to purchase more than 100%
of the Optioned Interest, each such Non-Selling Partner&#146;s right to purchase the Optioned Interest
shall be reduced (pro rata based on the percentage of the Optioned Interest for which such
Non-Selling Partner has exercised its right to purchase hereunder compared to all other Non-Selling
Partners, but not below such Non-Selling Partner&#146;s Partnership Interest as a percentage of the
aggregate Partnership Interests of all Non-Selling Partners who have exercised their right to
purchase) so that such Non-Selling Partners purchase no more than 100% of the Optioned Interest.
If a Non-Selling Partner does not submit an Acceptance Notice within the 20&nbsp;day period set forth in
this Section&nbsp;7.7(b), such Non-Selling Partner shall be deemed to have rejected the offer to
purchase any portion of the Optioned Interest.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;If the Non-Selling Partners do not in the aggregate exercise the right to purchase all of
the Optioned Interest by the expiration of the 20&nbsp;day period set forth in Section&nbsp;7.7(b), then any
Acceptance Notice shall be void and of no effect, and the Selling Partner shall be entitled to
complete the proposed sale at any time in the 30&nbsp;day period commencing on the date of the First
Refusal Notice, but only upon the terms set forth in the First Refusal Notice. If no such sale is
completed in such 30&nbsp;day period, the provisions hereof shall apply again to any proposed sale of
the Optioned Interest.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;If any Non-Selling Partner exercises the right to purchase the Optioned Interest as
provided herein and such Non-Selling Partner(s) have elected to purchase all of the Optioned
Interest, the purchase of such Optioned Interest shall be completed within the 180&nbsp;day period
commencing on the date of delivery of the First Refusal Notice on the terms set forth in the First
Refusal Notice (plus any delay necessary to cause such Non-Selling Partner(s) to comply with any
applicable requirements of the HSR Act). If such Non-Selling Partner does not consummate the
purchase of such Optioned Interest, (x)&nbsp;the Selling Partner shall be entitled to all expenses of
collection, (y)&nbsp;the Selling Partner shall be entitled to pursue all available legal remedies
against the Non-Selling Partner, including specific enforcement of the purchase of the Optioned
Interest on the terms set forth in the First Refusal Notice and (z)&nbsp;notwithstanding the specific
enforcement remedy, the Selling Partner may complete the sale of the Optioned Interest to the third
party on the terms set forth in the First Refusal Notice.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;With respect to the Limited Partners who are members of the WPP Group, the provisions of
Section&nbsp;7.7 will apply to the sale of the collective Partnership Interests of all of the members of
the WPP Group, and no Offer will be deemed to be valid unless it is an Offer for the entirety of
the collective Partnership Interests of the WPP Group.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.8 Put/Call</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;For purposes of this Section&nbsp;7.8, each of the following events shall constitute a
&#147;<B>Put/Call Event</B>:&#148;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the appointment or election by the Board of Directors of the General Partner of an
individual to serve as the Chairman, Chief Executive Officer or Chief Operating Officer of
the General Partner (other than those individuals serving in such capacities as of the date
of this Agreement), which appointment or election was voted against by the Adena Director;
and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the issuance of Limited Partnership Interests by the Partnership or the issuance
of Incentive Distribution Rights by the Master Limited Partnership, in either case, in a
transaction approved by the General Partner but voted against by the Adena Director.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Upon the occurrence of a Put/Call Event and prior to the Put/Call Expiration Date, Adena
shall have the right (the &#147;<B>Put Right</B>&#148;) during the 30&nbsp;days immediately following the occurrence of
such Put/Call Event (the &#147;<B>Put Period</B>&#148;) to require the Partnership to redeem all, but not less than
all, of the Limited Partnership Interests held by Adena and its Permitted Transferees at the Put
Price and on the Put Terms. Adena shall exercise the Put Right by delivery of written notice to
the Partnership during the Put Period (the &#147;<B>Put Notice</B>&#148;). Upon Adena&#146;s exercise of the Put Right,
each of Adena&#146;s Permitted Transferees shall be deemed to have agreed to participate in the Put
Right.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;If the Put Right has not been exercised by Adena during the Put Period pursuant to Section
7.8(b), the Partnership shall have the right (the &#147;<B>Call Right</B>&#148;) during the 30&nbsp;days immediately
following the expiration of the Put Period (the &#147;<B>Call Period</B>&#148;) to elect to redeem from Adena and
its Permitted Transferees all, but not less than all, of the Limited Partnership
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Interests held by Adena and its Permitted Transferees at the Call Price and on the Call Terms.
The Partnership shall exercise the Call Right by delivery of written notice to Adena during the
Call Period (the &#147;<B>Call Notice</B>&#148;). Upon exercise of the Call Right, Adena shall cause its Permitted
Transferees to participate in the Call Right.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Upon exercise of the Put Right by Adena, the Partnership shall redeem, and the Electing
Limited Partners shall purchase, as applicable, all of the Limited Partnership Interests held by
Adena and its Permitted Transferees upon the following terms (the &#147;<B>Put Terms</B>&#148;):
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The closing of the redemption or purchase, as applicable, of such Limited
Partnership Interests shall take place on such date as is mutually agreed by Adena and the
General Partner, which date shall be not more than 180&nbsp;days after the date of delivery of
the Put Notice (plus any delay necessary to cause the Partnership or the Electing Limited
Partners, as applicable, to comply with any applicable requirements of the HSR Act);
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Put Price payable to Adena and its Permitted Transferees shall be paid at the
closing in cash by wire transfer of immediately available funds;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Adena shall, and shall cause its Permitted Transferees, as a condition to receipt
of the Put Price, deliver such instruments to the Partnership and the Electing Limited
Partners, as applicable, in form and substance reasonably satisfactory to the General
Partner, as the General Partner determines to be necessary to effect the redemption or
purchase, as applicable, of such Limited Partnership Interests, including, without
limitation, representations and warranties from Adena and its Permitted Transferees
regarding (A)&nbsp;their power, authority and legal capacity to transfer such Limited Partnership
Interests, (B)&nbsp;their ownership of all right, title and interest in and to such Limited
Partnership Interests free and clear of any liens or other encumbrances thereon, (C)&nbsp;the
absence of any violation, default or acceleration of any agreement or instrument pursuant to
which they or their assets are bound or subject in connection with such redemption or
purchase, as applicable, and (D)&nbsp;the receipt of all governmental and third party approvals,
consents, filings or notifications required to be obtained by them in connection with such
redemption or purchase, as applicable; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Adena and its Permitted Transferees shall pay all of the costs and expenses
incurred by Adena, its Permitted Transferees, the Partnership, the General Partner and the
Electing Limited Partners in connection with the exercise of the Put Right and the
redemption by the Partnership or the purchase by the Electing Limited Partners, as
applicable, of the Limited Partnership Interests that are subject to the Put Right,
including, without limitation, all fees and expenses of counsel to the Partnership, the
General Partner and the conflicts committee of the General Partner and all fees and expenses
of the investment banking firm incurred in connection with the determination of the Put
Price; <I>provided</I>, <I>however</I>, that Adena and its Permitted Transferees shall only be required to
pay the fees and expenses of one counsel to the Electing Limited Partners. Notwithstanding
the foregoing, Adena and its Permitted Transferees, on the one hand, and the Partnership, on
the other hand, shall each pay one-half of the fees and expenses of the American Arbitration
Association (&#147;<B>AAA</B>&#148;), if applicable.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;Upon exercise of the Call Right by the Partnership, the Partnership shall redeem and the
Electing Limited Partners shall purchase, as applicable, all of the Limited Partnership Interests
held by Adena and its Permitted Transferees upon the following terms (the &#147;<B>Call Terms</B>&#148;):
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The closing of the redemption or purchase, as applicable, of such Limited
Partnership Interests shall take place on such date as is mutually agreed by Adena and the
General Partner, which date shall be not more than 180&nbsp;days after the date of delivery of
the Call Notice (plus any delay necessary to cause the Partnership or the Electing Limited
Partners, as applicable, to comply with any applicable requirements of the HSR Act);
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Call Price payable to Adena and each of its Permitted Transferees shall be
paid at the closing in cash by wire transfer of immediately available funds;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Adena shall, and shall cause its Permitted Transferees, as a condition to receipt
of the Call Price, deliver such instruments to the Partnership and the Electing Limited
Partners, as applicable, in form and substance reasonably satisfactory to the General
Partner, as the General Partner determines to be necessary to effect the redemption or
purchase, as applicable, of such Limited Partnership Interests, including, without
limitation, representations and warranties from Adena and its Permitted Transferees
regarding (A)&nbsp;their power, authority and legal capacity to transfer such Limited Partnership
Interests, (B)&nbsp;their ownership of all right, title and interest in and to such Limited
Partnership Interests free and clear of any liens or other encumbrances thereon, (C)&nbsp;the
absence of any violation, default or acceleration of any agreement or instrument pursuant to
which they or their assets are bound or subject in connection with such redemption or
purchase, as applicable, and (D)&nbsp;the receipt of all governmental and third party approvals,
consents, filings or notifications required to be obtained by them in connection with such
redemption or purchase, as applicable; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) The Partnership shall pay all of the costs and expenses incurred by Adena, its
Permitted Transferees, the Partnership, the General Partner and the Electing Limited
Partners in connection with the exercise of the Call Right and the redemption by the
Partnership or the purchase by the Electing Limited Partners, as applicable, of the Limited
Partnership Interests that are subject to the Call Right, including, without limitation, all
fees and expenses of counsel to the Partnership, the General Partner and the conflicts
committee of the General Partner and all fees and expenses of the investment banking firm
incurred in connection with the determination of the Call Price; <I>provided</I>, <I>however</I>, that the
Partnership shall only be required to pay the fees and expenses of one counsel to Adena and
its Permitted Transferees and one counsel to the Electing Limited Partners. Notwithstanding
the foregoing, Adena and its Permitted Transferees, on the one hand, and the Partnership, on
the other hand, shall each pay one-half of the fees and expenses of AAA, if applicable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;The Put Price or the Call Price, as the case may be, shall be an amount agreed upon by
Adena and the General Partner. If Adena and the General Partner cannot agree on the Put Price or
the Call Price, as the case may be, within 15 Business Days after the date of delivery of the Put
Notice or the Call Notice, as the case may be, the Put Price or the Call Price, as the
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">case may be, shall be determined in accordance with this Section&nbsp;7.8(f) by a nationally
recognized investment banking firm mutually selected by Adena and the General Partner. If such
Adena and the General Partner are unable, within five Business Days after the expiration of such 15
Business Day period, to agree upon an investment banking firm, then Adena (in the case of the Put
Price) or the General Partner (in the case of the Call Price) shall promptly submit the selection
of the nationally recognized investment banking firm to AAA, such selection by AAA to be made
within 10 Business Days. The determination of the Put Price or the Call Price, as the case may be,
by the investment banking firm selected pursuant to this Section&nbsp;7.8(f) shall be made within 30
days after its selection and shall be final and binding upon Adena, its Permitted Transferees, the
General Partner, the Partnership and the Electing Limited Partners. The costs of such investment
banking firm shall be borne by Adena and its Permitted Transferees, in connection with the
determination of the Put Price, and by the Partnership, in connection with the determination of the
Call Price. The costs of AAA, if applicable, shall be borne one-half by Adena and its Permitted
Transferees, on the one hand, and one-half by the Partnership, on the other hand, in connection
with the determination of the Put Price or the Call Price. For purposes of this Section&nbsp;7.8, the
&#147;<B>Put Price</B>&#148; or the &#147;<B>Call Price</B>&#148; shall be equal to the fair market value, as of the date of the
delivery of the Put Notice or the Call Notice, as the case may be, of all Limited Partnership
Interests then held by Adena and its Permitted Transferees and shall be based on the value that a
willing buyer with knowledge of all relevant facts would pay a willing seller for such Limited
Partnership Interests subject, in the case of the Put Price, to a 30% minority interest discount.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;From and after the date of delivery of the Put Notice or the Call Notice, as the case may
be, Adena and its Permitted Transferees shall continue to receive distributions from the
Partnership until such time as the transaction contemplated by the Put Notice or the Call Notice,
as the case may be, has closed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;The payments to be made to Adena and its Permitted Transferees in connection with the
exercise by Adena of the Put Right or the exercise by the Partnership of the Call Right, as the
case may be, pursuant to this Section&nbsp;7.8 are, and shall be conclusively deemed to be, (i)&nbsp;in
complete liquidation and satisfaction of all the rights and interest of Adena and such Permitted
Transferees (and of any and all Persons claiming by, through, or under Adena and such Permitted
Transferees) in and in respect of the Partnership, including, without limitation, any interest in
the Partnership, any rights in specific Partnership property, and any rights against the
Partnership and (insofar as the affairs of the Partnership are concerned) against the Partners,
(ii)&nbsp;shall constitute a compromise as to which all Partners have agreed pursuant to Section
17-502(b) of the Act, and (iii)&nbsp;none of Adena or any of its Permitted Transferees shall be entitled
to claim or receive any further or different distribution or payment under Section&nbsp;17-604 of the
Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;The General Partner shall have the right to assign all or any portion of the Partnership&#146;s
redemption obligation under Section&nbsp;7.8(a) or the Partnership&#146;s redemption rights under Section
7.8(b), as the case may be, to the Limited Partners (other than Adena and its Permitted
Transferees), pro rata in accordance with their respective Percentage Interests as of the date of
delivery of the Put Notice or the Call Notice, as the case may be, by delivering written notice to
such Limited Partners specifying (i)&nbsp;the aggregate amount of Limited Partnership Interests of Adena
and its Permitted Transferees that the General Partner desires to assign for
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">purchase by such other
Limited Partners, (ii)&nbsp;each such Limited Partner&#146;s pro rata share of such
Limited Partnership Interests and (iii)&nbsp;the purchase price therefore (which shall be the
applicable portion of the Put Price or the Call Price, as the case may be). Each such Limited
Partner shall notify the General Partner, not less than five Business Days after the date of
delivery of such notice from the General Partner, of its desire to purchase its pro rata share of
such Limited Partnership Interests and the amount of any additional Limited Partnership Interests
(not to exceed the aggregate amount specified in the General Partner&#146;s notice) such Limited Partner
is willing to purchase in the event that less than all of such Limited Partners desire to purchase
their pro rata share of such Limited Partnership Interests. If the aggregate amount of Limited
Partnership Interests offered to be purchased by such Limited Partners equals or exceeds the
aggregate amount of Limited Partnership Interests specified in the General Partner&#146;s notice, each
such Limited Partner shall be entitled to purchase an amount of Limited Partnership Interests equal
to the lesser of (A)&nbsp;the amount specified in such Limited Partner&#146;s notice and (B)&nbsp;the amount
determined by multiplying (x)&nbsp;the aggregate amount of Limited Partnership Interests that are the
subject of the General Partner&#146;s notice by (y)&nbsp;a fraction the numerator of which is the Percentage
Interest of such Limited Partner and the denominator of which is the aggregate Percentage Interests
of all Limited Partners that have elected to purchase Limited Partnership Interests. Any remaining
Limited Partnership Interests that are the subject of the General Partner&#146;s notice shall be
allocated to those Limited Partners that offered to purchase in excess of their pro rata share, pro
rata to such Limited Partners based upon the amount of Limited Partnership Interests which each
such Limited Partner is entitled to purchase pursuant to the preceding sentence or as such Limited
Partners may otherwise agree.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)&nbsp;Each Permitted Transferee of Adena acknowledges and agrees to be bound by the provisions
of this Section&nbsp;7.8.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.9 Expiration of Transfer Restrictions</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The restrictions on Transfer set forth in Sections&nbsp;7.1, 7.2 and 7.7 and in the definitions of
&#147;Transfer&#148; and &#147;Permitted Transfer&#148; shall terminate upon the consummation of a Qualified Initial
Public Offering.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE VIII<BR>
DISSOLUTION AND LIQUIDATION</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.1 Dissolution of Partnership</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The Partnership shall be dissolved and its affairs wound up upon the first to occur of the
following events:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the written election of the General Partner when combined with the written consent
of Adena (or its Permitted Transferees) in their sole discretion and without regard to any
fiduciary or other duty or any reasonableness standard but solely with regard to the best
interests of Adena and its beneficial owners so long as an Investor Director Resignation
Event (as defined in the Investor Rights Agreement) has not occurred, to dissolve the
Partnership;
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the occurrence of any event that results in the General Partner ceasing to be the
general partner of the Partnership under the Act, provided that the Partnership will
not be dissolved and required to be wound up in connection with any such event if (A)
at the time of the occurrence of such event there is at least one remaining general partner
of the Partnership who is hereby authorized to and does carry on the business of the
Partnership, or (B)&nbsp;within 90&nbsp;days after the occurrence of such event, all of the Limited
Partners agree in writing to continue the business of the Partnership and to the
appointment, effective as of the date of such event, if required, of one or more additional
general partners of the Partnership;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the Transfer of all or substantially all of the assets of the Partnership and the
receipt and distribution of all the proceeds therefrom;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) at any time that there are no limited partners of the Partnership, unless the
business of the Partnership is continued in accordance with the Act; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) the entry of a decree of judicial dissolution under Section&nbsp;17-802 of the Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The withdrawal, death, dissolution, retirement, resignation, expulsion, liquidation or
bankruptcy of a Partner, the admission to the Partnership of a new General Partner or Limited
Partner, the withdrawal of a Partner from the Partnership, or the transfer by a Partner of its
Partnership Interest to a third party shall not, in and of itself, cause the Partnership to
dissolve.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.2 Final Accounting</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon dissolution and winding up of the Partnership, an accounting will be made of the accounts
of the Partnership and each Partner and of the Partnership&#146;s assets, liabilities and operations
from the date of the last previous accounting to the date of such dissolution.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.3 Distributions Following Dissolution and Termination</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;<U>Liquidating Trustee</U>. Upon the dissolution of the Partnership, such party as is
designated by the General Partner will act as liquidating trustee of the Partnership (the
&#147;<B>Liquidating Trustee</B>&#148;) and proceed to wind up the business and affairs of the Partnership in
accordance with the terms of this Agreement and applicable law. The Liquidating Trustee will use
its commercially reasonable efforts to sell all Partnership assets (except cash) under the
circumstances then presented, that it deems in the best interest of the Partners. The Liquidating
Trustee will attempt to convert all assets of the Partnership to cash so long as it can do so
consistently with prudent business practice. The Partners and their respective designees will have
the right to purchase any Partnership property to be sold on liquidation, provided that the terms
on which such sale is made are no less favorable than would otherwise be available from third
parties. The gains and losses from the sale of the Partnership assets, together with all other
revenue, income, gain, deduction, expense, loss and credit during the period, will be allocated in
accordance with Article&nbsp;V. A reasonable amount of time shall be allowed for the period of winding
up in light of prevailing market conditions and so as to avoid undue loss in connection with any
sale of the Partnership&#146;s assets. This Agreement shall remain in full force and effect during the
period of winding up. In addition, upon request of the General Partner and if the
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Liquidating
Trustee determines that it would be imprudent to dispose of any non-cash assets of
the Partnership, such assets may be distributed in kind to the Partners in lieu of cash,
proportionately to their right to receive cash distributions under this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;<U>Accounting</U>. Upon completion of its efforts under Section&nbsp;8.3(a), the Liquidating
Trustee will cause proper accounting to be made of the Capital Account of each Partner, including
recognition of gain or loss on any asset to be distributed in kind as if such asset had been sold
for consideration equal to the fair market value of the asset at the time of the distribution. The
Partners intend that the allocations provided herein shall result in Capital Account balances in
proportion to the Percentage Interests of the Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;<U>Liquidating Distributions</U>. In settling accounts after dissolution of the
Partnership, the assets of the Partnership shall be paid to creditors of the Partnership and to the
Partners in the following order:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) to creditors of the Partnership (including Partners) in the order of priority as
provided by law whether by payment or the making of reasonable provision for payment
thereof, and in connection therewith there shall be withheld such reasonable reserves for
contingent, conditioned or unconditioned liabilities as the Liquidating Trustee in its
reasonable discretion deems adequate, such reserves (or balances thereof) to be held and
distributed in such manner and at such times as the Liquidating Trustee, in its discretion,
deems reasonably advisable; <I>provided, however</I>, that such amounts will be maintained in a
separate bank account and that any amounts in such bank account remaining after three years
be distributed to the Partners or their successors and assigns as if such amount had been
available for distribution under Section&nbsp;8.3(c)(ii), and then
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) to the Partners in proportion to the positive balances of their Capital Accounts,
as fully adjusted pursuant to Section&nbsp;3.4, including adjustment for all gains and losses
actually or deemed realized upon disposition or distribution of assets in connection with
the liquidation and winding up of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any distribution to the Partners in liquidation of the Partnership shall be made by the later
of the end of the taxable year in which the liquidation occurs or 90&nbsp;days after the date of such
liquidation. For purposes of the preceding sentence, the term &#147;liquidation&#148; shall have the same
meaning as set forth in Regulation&nbsp;Section&nbsp;1.704-2(b)(2)(ii) as in effect at such time and
liquidating distributions shall be further deemed to be made pursuant to this Agreement upon the
event of a liquidation as defined in such Regulation for which no actual liquidation occurs with a
deemed recontribution by the Partners of such deemed liquidating distributions to the continuing
Partnership pursuant to this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;The provisions of this Agreement, including, without limitation, this Section&nbsp;8.3, are
intended solely to benefit the Partners and, to the fullest extent permitted by law, shall not be
construed as conferring any benefit upon any creditor of the Partnership. No such creditor of the
Partnership shall be a third-party beneficiary of this Agreement, and no Partner shall have any
duty or obligation to any creditor of the Partnership to issue any call for capital pursuant to
this Agreement.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.4 Termination of the Partnership</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Partnership shall terminate when all assets of the Partnership, after payment or due
provision for all debts, liabilities and obligations of the Partnership, shall have been
distributed to the Partners in the manner provided for in this Article&nbsp;VIII, and the Certificate
shall have been canceled in the manner required by the Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.5 No Action for Dissolution</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Limited Partners acknowledge that irreparable damage would be done to the goodwill and
reputation of the Partnership if any Limited Partner should bring an action in court to dissolve
the Partnership under circumstances where dissolution is not required by Section&nbsp;8.1. Accordingly,
except where the General Partner has failed to cause the liquidation of the Partnership as required
by Section&nbsp;8.1 and except as specifically provided in Section&nbsp;17-802 of the Act, each Limited
Partner hereby to the fullest extent permitted by law waives and renounces his or its right to
initiate legal action to seek dissolution of the Partnership or to seek the appointment of a
receiver or trustee to wind up the affairs of the Partnership, except in the cases of fraud,
violation of law, bad faith, gross negligence, willful misconduct or willful violation of this
Agreement.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE IX<BR>
ACCOUNTING; BOOKS AND RECORDS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.1 Fiscal Year and Accounting Method</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The fiscal year and taxable year of the Partnership shall be the calendar year. The
Partnership shall use an accrual method of accounting.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.2 Books and Records</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Partnership shall maintain at its principal office, or such other office as may be
determined by the General Partner, all the following:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;A current list of the full name and last known business or residence address of each
Partner, together with information regarding the amount of cash and a description and statement of
the agreed value of any other property or services contributed by each Partner and which each
Partner has agreed to contribute in the future, and the date on which each Partner became a Partner
of the Partnership;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;A copy of the Certificate and this Agreement, including any and all amendments to either
thereof, together with executed copies of any powers of attorney pursuant to which the Certificate,
this Agreement, or any amendments have been executed;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Copies of the Partnership&#146;s Federal, state, and local income tax or information returns
and reports, if any, which shall be retained for at least six fiscal years;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;The financial statements of the Partnership; and
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;The Partnership&#146;s books and records.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.3 Delivery to Partners; Inspection</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon the request of any Limited Partner, for any purpose reasonably related to such Partner&#146;s
interest as a partner of the Partnership, the General Partner shall cause to be made available to
the requesting Partner the information required to be maintained by clauses (a)&nbsp;through (e)&nbsp;of
Section&nbsp;9.2 and such other information regarding the business and affairs and financial condition
of the Partnership as any Partner may reasonably request.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.4 Financial Statements</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The General Partner shall cause to be prepared for the Partners at least annually, at the
Partnership&#146;s expense, financial statements of the Partnership, and its subsidiaries, prepared in
accordance with generally accepted accounting principles. The financial statements so furnished
shall include a balance sheet, statement of income or loss, statement of cash flows, and statement
of Partners&#146; equity. In addition, the General Partner shall provide on a timely basis to the
Partners monthly and quarterly financial statements, any available internal budgets or forecast or
other available financial reports, as well as any reports or notices as are provided by the
Partnership, or any of its subsidiaries to any financial institution.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.5 Filings</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At the Partnership&#146;s expense, the General Partner shall cause the income tax returns for the
Partnership to be prepared and timely filed with the appropriate authorities and to have prepared
and to furnish to each Partner a schedule K-1 and such other information with respect to the
Partnership as is necessary (or as may be reasonably requested by a Partner) to enable the Partners
to prepare their Federal, state and local income tax returns. The General Partner, at the
Partnership&#146;s expense, shall also cause to be prepared and timely filed, with appropriate Federal,
state and local regulatory and administrative bodies, all reports required to be filed by the
Partnership with those entities under then current applicable laws, rules, and regulations. The
reports shall be prepared on the accounting or reporting basis required by the regulatory bodies.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.6 Non-Disclosure</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Limited Partner agrees that, except as otherwise consented to by the General Partner in
writing, all non-public and confidential information furnished to it pursuant to this Agreement
will be kept confidential and will not be disclosed by such Partner, or by any of its agents,
representatives, or employees, in any manner whatsoever, in whole or in part, except that (a)&nbsp;each
Partner shall be permitted to disclose such information to those of its agents, representatives,
and employees who need to be familiar with such information in connection with such Partner&#146;s
investment in the Partnership (collectively, &#147;<B>Representatives</B>&#148;) and are apprised of the
confidential nature of such information, (b)&nbsp;each Partner shall be permitted to disclose
information to the extent required by law, legal process or regulatory requirements so long as such
Partner shall have used its reasonable efforts to first afford the Partnership with a reasonable
opportunity to contest the necessity of disclosing such information; provided that each Partner and
its Affiliates may disclose any information required to be disclosed under the federal securities
laws without affording the Partnership such opportunity, (c)&nbsp;each Partner shall
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">be permitted to disclose such information to possible purchasers of the Partner&#146;s Partnership
Interest, provided that such prospective purchaser shall execute a suitable confidentiality
agreement in a form approved by the General Partner and containing terms not less restrictive than
the terms set forth herein, and (d)&nbsp;each Partner shall be permitted to disclose information to the
extent necessary for the enforcement of any right of such Partner arising under this Agreement.
Each Partner shall be responsible for any breach of this Section&nbsp;9.6 by any of its Representatives.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE X<BR>
REGISTRATION RIGHTS OF THE LIMITED PARTNERS AND THEIR AFFILIATES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.1 Demand Registrations</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If, at any time after one year after a Qualified Initial Public Offering, and subject to
Section&nbsp;10.5, (i)&nbsp;a Limited Partner or any Affiliate of such Limited Partner (including for
purposes of this Section&nbsp;10.1, any Person that is an Affiliate of a Limited Partner at the date
hereof notwithstanding that it may later cease to be an Affiliate of such Limited Partner) holds
Limited Partnership Interests that it desires to sell and (ii)&nbsp;Rule&nbsp;144 of the Securities Act (or
any successor rule or regulation to Rule&nbsp;144) or another exemption from registration is not
available to enable such holder of Limited Partnership Interests (each, a &#147;<B>Holder</B>&#148;) to dispose of
the number of Limited Partnership Interests it desires to sell without registration under the
Securities Act, then at the option and upon the request of the Holder, the Partnership shall file
with the Commission as promptly as practicable after receiving such request, and use all
commercially reasonable efforts to cause to become effective and remain effective for a period of
not less than 180&nbsp;days following its effective date or such shorter period as shall terminate when
all Limited Partnership Interests covered by such registration statement have been sold, a
registration statement under the Securities Act registering the offering and sale of the number of
Limited Partnership Interests specified by the Holder (including Limited Partnership Interests
eligible to be sold pursuant to Rule&nbsp;144); <I>provided</I>, <I>however</I>, that the Partnership shall not be
required to effect more than two registrations pursuant to Section&nbsp;10.1 and Section&nbsp;10.2 at the
request of Adena or more than one registration pursuant to Section&nbsp;10.1 and Section&nbsp;10.2 at the
request of each of Western Pocahontas, Great Northern and New Gauley; <I>provided further</I>, <I>however</I>,
that if the General Partner determines that the requested registration would be materially
detrimental to the Partnership and its Partners because such registration would (x)&nbsp;materially
interfere with a significant acquisition, reorganization or other similar transaction involving the
Partnership, (y)&nbsp;require premature disclosure of material information that the Partnership has a
bona fide business purpose for preserving as confidential or (z)&nbsp;render the Partnership unable to
comply with requirements under applicable securities laws, then the Partnership shall have the
right to postpone such requested registration for a period of not more than three months after
receipt of the Holder&#146;s request, such right pursuant to this Section&nbsp;10.1 and Section&nbsp;10.2 not to
be utilized more than twice in any twelve-month period. At the Partnership&#146;s election, the
Partnership may satisfy its obligations under this Section&nbsp;10.1 with a &#147;<I>shelf</I>&#148; registration
statement on an appropriate form under Rule&nbsp;415 under the Securities Act or any similar rule that
may be adopted by the Commission. Except as provided in the first sentence of this Section&nbsp;10.1,
the Partnership shall be deemed not to have used all commercially reasonable efforts to keep the
registration statement effective during the applicable period if it voluntarily takes any action
that would result in Holders of Limited Partnership Interests covered thereby not being able to
offer and sell
</DIV>


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</DIV>



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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">such Limited Partnership Interests at any time during such period, unless such action is
required by applicable law. In connection with any registration pursuant to the first sentence of
this Section&nbsp;10.1, the Partnership shall (i)&nbsp;promptly prepare and file (A)&nbsp;such documents as may be
necessary to register or qualify the securities subject to such registration under the securities
laws of such states as the Holder shall reasonably request; <I>provided</I>, <I>however</I>, that no such
qualification shall be required in any jurisdiction where, as a result thereof, the Partnership
would become subject to general service of process or to taxation or qualification to do business
as a foreign corporation or partnership doing business in such jurisdiction solely as a result of
such registration, and (B)&nbsp;such documents as may be necessary to apply for listing or to list the
Limited Partnership Interests subject to such registration on such national securities exchange or
national quotation system on which the Limited Partnership Interests are listed or quoted for
trading as such Holder shall reasonably request, and (ii)&nbsp;do any and all other acts and things that
may be necessary or appropriate to enable the Holder to consummate a public sale of such Limited
Partnership Interests in such states. Except as set forth in Section&nbsp;10.4, all expenses incurred
in connection with one and only one registration and offering demanded by Adena pursuant to this
Section&nbsp;10.1 or Section&nbsp;10.2 (other than the underwriters&#146; and brokers&#146; discounts and commissions
and fees and disbursements of counsel for the Holders), including without limitation all federal
and &#147;blue sky&#148; registration, filing and qualification fees, printer&#146;s and accounting fees,
reasonable fees and expenses of counsel to the Partnership (selected by the General Partner) and
reasonable road show expenses (including aircraft charter fees (if any) and other travel expenses),
shall be paid by the Partnership, without reimbursement by the Holders, it being understood and
agreed that thereafter all expenses incurred in connection with any other registration and offering
demanded pursuant to this Section&nbsp;10.1 or Section&nbsp;10.2, including without limitation underwriters&#146;
and brokers&#146; discounts and commissions relating to Limited Partnership Interests included in such
registration by each Holder participating in such offering, all federal and &#147;blue sky&#148;
registration, filing and qualification fees, printer&#146;s and accounting fees, fees and expenses of
counsel for such Holders, reasonable fees and expenses of one counsel to the Partnership (selected
by the General Partner), and reasonable road show expenses (including aircraft charter fees (if
any) and other travel expenses), shall be borne by the participating Holders. Each Holder
participating in the registration and offering pursuant to this Section&nbsp;10.1 and each Holder
participating in such registration and offering pursuant to Section&nbsp;10.3 shall bear such Holder&#146;s
proportionate share (based on the total amount of Limited Partnership Interests included in such
registration) of all expenses payable by the participating Holders.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.2 Demand Shelf Registrations</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At any time after one year after a Qualified Initial Public Offering, and subject to
Section&nbsp;10.5, if any Holder holds Limited Partnership Interests that it desires to sell and Rule
144 of the Securities Act (or any successor rule or regulation to Rule&nbsp;144) or another exemption
from registration is not available to enable such Holder to dispose of the number of Limited
Partnership Interests it desires to sell without registration under the Securities Act, then at the
option and upon the request of the Holder, the Partnership shall file with the Commission as
promptly as practicable after receiving such request, and use all reasonable efforts to cause to
become effective and remain effective for a period of not less than three years following its
effective date or such shorter period as shall terminate when all Limited Partnership Interests
covered by such shelf registration statement have been sold, a &#147;<I>shelf</I>&#148; registration statement
covering the Limited Partnership Interests specified by the Holder (including Limited
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Partnership Interests eligible to be sold pursuant to Rule&nbsp;144) on an appropriate form under
Rule&nbsp;415 under the Securities Act, or any similar rule that may be adopted by the Commission;
<I>provided</I>, <I>however</I>, that the Partnership shall not be required to effect more than two registrations
pursuant to Section&nbsp;10.1 and Section&nbsp;10.2 at the request of Adena or more than one registration
pursuant to Section&nbsp;10.1 and Section&nbsp;10.2 at the request of each of Western Pocahontas, Great
Northern and New Gauley; and <I>provided further</I>, <I>however</I>, that if the General Partner determines in
good faith that any offering under, or the use of any prospectus forming a part of, the shelf
registration statement would be materially detrimental to the Partnership and its Partners because
such offering or use would (x)&nbsp;materially interfere with a significant acquisition, reorganization
or other similar transaction involving the Partnership, (y)&nbsp;require premature disclosure of
material information that the Partnership has a bona fide business purpose for preserving as
confidential or (z)&nbsp;render the Partnership unable to comply with requirements under applicable
securities laws, then the Partnership shall have the right to suspend such offering or use for a
period of not more than three months after receipt of the Holder&#146;s request, such right pursuant to
Section&nbsp;10.1 and Section&nbsp;10.2 not to be utilized more than twice in any twelve-month period.
Except as provided in the first sentence of this Section&nbsp;10.2, the Partnership shall be deemed not
to have used all reasonable efforts to keep the registration statement effective during the
applicable period if it voluntarily takes any action that would result in Holders of Limited
Partnership Interests covered thereby not being able to offer and sell such Limited Partnership
Interests at any time during such period, unless such action is required by applicable law. In
connection with any shelf registration pursuant to the first sentence of this Section&nbsp;10.2, the
Partnership shall (i)&nbsp;promptly prepare and file (A)&nbsp;such documents as may be necessary to register
or qualify the securities subject to such shelf registration under the securities laws of such
states as the Holder shall reasonably request; <I>provided</I>, <I>however</I>, that no such qualification shall
be required in any jurisdiction where, as a result thereof, the Partnership would become subject to
general service of process or to taxation or qualification to do business as a foreign corporation
or partnership doing business in such jurisdiction solely as a result of such shelf registration,
and (B)&nbsp;such documents as may be necessary to apply for listing or to list the Limited Partnership
Interests subject to such registration on such national securities exchange or national quotation
system on which the Limited Partnership Interests are listed or quoted for trading as such Holder
shall reasonably request, and (ii)&nbsp;do any and all other acts and things that may be necessary or
appropriate to enable the Holder to consummate a public sale of such Limited Partnership Interests
in such states. Except as set forth in Section&nbsp;10.4, all expenses incurred in connection with one
and only one registration and offering demanded by Adena pursuant to Section&nbsp;10.1 or this Section
10.2 (other than the underwriters&#146; and brokers&#146; discounts and commissions and fees and
disbursements of counsel for the Holders), including without limitation all federal and &#147;blue sky&#148;
registration, filing and qualification fees, printer&#146;s and accounting fees, reasonable fees and
expenses of counsel to the Partnership (selected by the General Partner) and reasonable road show
expenses (including aircraft charter fees (if any) and other travel expenses), shall be paid by the
Partnership, without reimbursement by the Holders, it being understood and agreed that
thereafter
all expenses incurred in connection with any other registration and offering demanded pursuant to
Section&nbsp;10.1 or this Section&nbsp;10.2, including without limitation underwriters&#146; and brokers&#146;
discounts and commissions relating to Limited Partnership Interests included in such registration
by each Holder participating in such offering, all federal and &#147;blue sky&#148; registration, filing and
qualification fees, printer&#146;s and accounting fees, fees and expenses of counsel for such Holders,
reasonable fees and expenses of one counsel to
</DIV>



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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">the Partnership (selected by the General Partner), and reasonable road show expenses
(including aircraft charter fees (if any) and other travel expenses), shall be borne by the
participating Holders. Each Holder participating in the registration and offering pursuant to this
Section&nbsp;10.2 and each Holder participating in such registration and offering pursuant to
Section&nbsp;10.3 shall bear such Holder&#146;s proportionate share (based on the total amount of Limited
Partnership Interests included in such registration) of all expenses payable by the participating
Holders.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.3 Piggyback Rights</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If the Partnership (a)&nbsp;shall at any time propose to file a registration statement under the
Securities Act for an offering of equity securities of the Partnership for cash (including, without
limitation, the Qualified Initial Public Offering but excluding an offering relating solely to an
employee benefit plan or to a reorganization, combination or merger involving the Partnership) or
(b)&nbsp;shall at any time be required to file a registration statement pursuant to Section&nbsp;10.1 or
Section&nbsp;10.2, the Partnership shall provide notice to all Holders in writing at least 15&nbsp;days prior
to the filing date (the &#147;<B>Piggyback Notice</B>&#148;) of its intention to file such registration statement
and shall use all reasonable efforts to include such number or amount of securities held by each
Holder (other than the demanding Holder in the case of a registration statement required pursuant
to Section&nbsp;10.1 or Section&nbsp;10.2) in such registration statement as such Holder shall request in
writing within ten (10)&nbsp;days after receipt of the Piggyback Notice; <I>provided</I>, that the Partnership
is not required to make any effort or take any action to so include the securities of any Holder
once the registration statement is declared effective by the Commission, including any registration
statement providing for the offering from time to time of securities pursuant to Rule&nbsp;415 of the
Securities Act. If the proposed or required offering shall be an underwritten offering, then, if
the managing underwriter or managing underwriters of such offering advise the Partnership and the
Holders in writing that in their opinion the inclusion of all or some of the Limited Partnership
Interests proposed to be included in the offering would adversely and materially affect the success
of the offering, the Partnership shall include in such offering only that number or amount, if any,
of securities that, in the opinion of the managing underwriter or managing underwriters, will not
so adversely and materially affect the offering; <I>provided</I>, <I>however</I>, that (i)&nbsp;in the case of any
offering proposed by the Partnership pursuant to this Section&nbsp;10.3(a), the number or amount of
Limited Partnership Interests that will be included in such offering shall be allocated first to
the Partnership, second to the Holders that have requested to participate in the offering pursuant
to this Section&nbsp;10.3, pro rata based on the total number or amount of Limited Partnership Interests
requested to be included by such Holders, and finally to any other holders of Limited Partnership
Interests that have contractual rights to participate in such offering that have been exercised,
and (ii)&nbsp;in the case of any offering demanded by a Holder pursuant to Section&nbsp;10.1 or Section&nbsp;10.2,
the number or amount of Limited Partnership Interests that will be included in such offering shall
be allocated first to the demanding Holder, second to the Holders that have requested to
participate in such offering pursuant to this Section&nbsp;10.3, pro rata based on the total number or
amount of Limited Partnership Interests requested to be included by such Holders, and finally to
the Partnership and any other holders of Limited Partnership Interests that have rights to
participate in such offering that have been exercised (on such basis as determined by the General
Partner and such other holders). Except as set forth in Section&nbsp;10.4, all expenses incurred in
connection with any registration and offering proposed by the Partnership pursuant to this
Section&nbsp;10.3(a) (other than the underwriters&#146; and brokers&#146; discounts and commissions and fees and
disbursements of counsel for the Holders), including
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">without limitation all federal and &#147;blue sky&#148; registration, filing and qualification fees,
printer&#146;s and accounting fees, reasonable fees and expenses of counsel to the Partnership (selected
by the General Partner) and reasonable road show expenses (including aircraft charter fees (if any)
and other travel expenses), shall be paid by the Partnership, without reimbursement by the Holders,
it being understood and agreed that all expenses of a registration and offering required pursuant
to Section&nbsp;10.1 or Section&nbsp;10.2 shall be paid in accordance with the applicable provisions thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.4 Underwritten Registration</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If underwriters are engaged in connection with any registration referred to in this Article&nbsp;X,
the Partnership and each Holder participating in such registration shall provide indemnification,
representations, covenants, opinions and other assurance to the underwriters in form and substance
reasonably satisfactory to such underwriters. Further, in addition to and not in limitation of the
Partnership&#146;s obligation under Section&nbsp;6.3, the Partnership shall, to the fullest extent permitted
by law, indemnify and hold harmless each Holder, its officers, directors and each Person who
controls such Holder (within the meaning of the Securities Act) and any agent thereof
(collectively, &#147;<B>Indemnified Persons</B>&#148;) from and against any and all losses, claims, damages,
liabilities, joint or several, expenses (including legal fees and expenses), judgments, fines,
penalties, interest, settlements or other amounts arising from any and all claims, demands,
actions, suits or proceedings, whether civil, criminal, administrative or investigative, in which
any Indemnified Person may be involved, or is threatened to be involved, as a party or otherwise
under the Securities Act or otherwise (hereinafter referred to in this Section&nbsp;10.4 as a &#147;<B>claim</B>&#148;
and in the plural as &#147;<B>claims</B>&#148;) based upon, arising out of or resulting from any untrue statement or
alleged untrue statement of any material fact contained in any registration statement under which
any Limited Partnership Interests were registered under the Securities Act or any state securities
or Blue Sky laws, in any preliminary prospectus (if used prior to the effective date of such
registration statement), or in any summary or final prospectus or in any amendment or supplement
thereto (if used during the period the Partnership is required to keep the registration statement
current), or arising out of, based upon or resulting from the omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the statements made
therein not misleading; <I>provided</I>, <I>however</I>, that the Partnership shall not be liable to any
Indemnified Person to the extent that any such claim arises out of, is based upon or results from
an untrue statement or alleged untrue statement or omission or alleged omission made in such
registration statement, such preliminary, summary or final prospectus or such amendment or
supplement, in reliance upon and in conformity with written information furnished to the
Partnership by or on behalf of such Indemnified Person specifically for use in the preparation
thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.5 Assignment of Registration Rights</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The rights to cause the Partnership to register Limited Partnership Interests pursuant to this
Article&nbsp;X may be assigned (but only with all related obligations) by a Holder to a transferee or
assignee of such Limited Partnership Interests in accordance with this Agreement provided (i)&nbsp;the
Partnership is, within a reasonable time after such transfer, furnished with written notice of the
name and address of such transferee or assignee and the Limited Partnership Interests with respect
to which such registration rights are being assigned; (ii)&nbsp;such transferee or assignee agrees in
writing to be bound by and subject to the terms set forth in this Article&nbsp;X and (iii)&nbsp;such
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">transferee or assignee holds not less than 20% of the issued and outstanding Limited
Partnership Interests immediately after such transfer or assignment.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.6 Additional Requirements</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any request to register Limited Partnership Interests pursuant to this Article&nbsp;X shall (i)
specify the Limited Partnership Interests intended to be offered and sold by the Person making the
request, (ii)&nbsp;contain the undertaking of such Person to provide all such information and materials
and take all action as may be required in order to permit the Partnership to comply with all
applicable requirements in connection with the registration of such Limited Partnership Interests
and, except in the case of a &#147;<I>shelf</I>&#148; registration statement under Rule&nbsp;415 under the Securities
Act, (iii)&nbsp;express such Person&#146;s present intent to offer such Limited Partnership Interests for
distribution and (iv)&nbsp;describe the nature or method of the proposed offer and sale of Limited
Partnership Interests.
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ARTICLE XI<BR>
MISCELLANEOUS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.1 Waiver of Default</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No consent or waiver, express or implied, by the Partnership or a Partner with respect to any
breach or default by the Partnership or a Partner under this Agreement shall be deemed or construed
to be a consent or waiver with respect to any other breach or default by any party of the same
provision or any other provision of this Agreement. Failure on the part of the Partnership or a
Partner to complain of any act or failure to act of the Partnership or a Partner or to declare such
party in default shall not be deemed or constitute a waiver by the Partnership or the Partner of
any rights under this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.2 Amendment of Partnership Agreement</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Except as otherwise expressly provided elsewhere in this Agreement, this Agreement shall
not be altered, modified or changed except by an amendment approved by the General Partner;
<I>provided, however</I>, that, so long as the Amendment Trigger (as defined in the Investor Rights
Agreement) has not occurred, no such amendment that adversely affects the economic rights of Adena
(or its Permitted Transferees) in any respect, or the other rights of Adena (or its Permitted
Transferees), in any material respect, under this Agreement shall be effective without the written
consent of (i)&nbsp;Adena (or such Permitted Transferees) in their sole discretion and without regard to
any fiduciary or other duty or any reasonableness standard but solely with regard to the best
interests of Adena and its beneficial owners and (ii)&nbsp;the General Partner.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;In addition to any amendments otherwise authorized herein, the General Partner may make
any amendments to any of the Schedules to this Agreement from time to time to reflect transfers of
Partnership Interests and issuances of additional Partnership Interests. Copies of such amendments
shall be delivered to the Partners promptly upon execution thereof.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->38<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The General Partner shall cause to be prepared and filed any amendment to the Certificate
that may be required to be filed under the Act as a consequence of any amendment to this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;Any modification or amendment to this Agreement or the Certificate made in accordance with
this Section&nbsp;11.2 shall be binding on all Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.3 Notices to Tax Matters Partners</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any Partner that receives a notice of an administrative proceeding under Section&nbsp;6233 of the
Code relating to the Partnership shall promptly provide Notice to the Tax Matters Partner of the
treatment of any Partnership item on such Partner&#146;s Federal income tax return that is or may be
inconsistent with the treatment of that item on the Partnership&#146;s return. Any Partner that enters
into a settlement agreement with the Internal Revenue Service or any other government agency or
official with respect to any Partnership item shall provide Notice to the Tax Matters Partner of
such agreement and its terms within 60&nbsp;days after the date of such agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.4 No Third Party Rights</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except as provided in Section&nbsp;6.2 and Section&nbsp;6.3, none of the provisions contained in this
Agreement shall be for the benefit of or enforceable by any third parties, including creditors of
the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.5 Severability</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the event any provision of this Agreement is held to be illegal invalid or unenforceable to
any extent the legality validity and enforceability of the remainder of this Agreement shall not be
affected thereby and shall remain in full force and effect and shall be enforced to the greatest
extent permitted by law.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.6 Nature of Interest in the Partnership</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A Partner&#146;s Partnership Interest shall be personal property for all purposes.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.7 Binding Agreement</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The provisions of this Agreement shall be binding upon, and inure to the benefit of, the
parties hereto and their respective heirs, personal representatives, successors and permitted
assigns
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.8 Headings</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The headings of the sections of this Agreement are for convenience only and shall not be
considered in construing or interpreting any of the terms or provisions hereof.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->39<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.9 Word Meanings</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The words &#147;herein&#148; &#147;hereinafter&#148;, &#147;hereof&#148;, and &#147;hereunder&#148; refer to this Agreement as a whole
and not merely to a subdivision in which such words appear unless the context otherwise requires.
The singular shall include the plural, and vice versa unless the context otherwise requires.
Whenever the words &#147;include&#148;, &#147;includes&#148; or &#147;including&#148; are used in this Agreement, they shall be
deemed to be followed by the words &#147;without limitation&#148;. When verbs are used as nouns, the nouns
correspond to such verbs and vice-versa.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.10 Counterparts</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Agreement may be executed in several counterparts, all of which together shall constitute
one agreement binding on all parties hereto notwithstanding that all the parties have not signed
the same counterpart.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.11 Entire Agreement</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Agreement contains the entire agreement between the parties hereto and thereto and
supersedes all prior writings or agreements with respect to the subject matter hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.12 Partition</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Partners agree that the Property is not and will not he suitable for partition
Accordingly, each of the Partners hereby irrevocably waives any and all right such Partner may have
to maintain any action for partition of any of the Property. No Partner shall have any right to any
specific assets of the Partnership upon the liquidation of, or any distribution from, the
Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.13 Governing Law; Consent to Jurisdiction and Venue</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Agreement shall be construed according to and governed by the laws of the State of
Delaware without regard to principles of conflict of laws. The parties hereby submit to the
exclusive jurisdiction and venue of the Court of Chancery of the State of Delaware and the United
States District Court for the Southern District of Texas and of the United States District Court
for the District of Delaware, as the case may be, and agree that the Partnership or Partners may,
at their option, enforce their rights hereunder in such courts.
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 12pt"><B>&#091;SIGNATURE PAGE FOLLOWS&#093;</B>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->40<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the General Partner has executed this Agreement as of the day and year
first above written.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>GENERAL PARTNER:<BR>
<BR>
GP NATURAL RESOURCE PARTNERS LLC</B>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR><td>&nbsp;</td>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">                                           /s/ Dwight L. Dunlap
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Dwight L. Dunlap&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">NRP (GP)&nbsp;LP<BR>
Fourth Amended and Restated Limited Partnership Agreement
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>SCHEDULE I</B></U>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B><I>Partners, Capital Contributions, Percentage Interests and IDR Percentage Interests</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>General Partner:</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Initial Capital</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Accounts/ Total</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>IDR</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Cash</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Gross</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Capital</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Percentage</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Percentage</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Name and Address</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Contributed</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Asset Value</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Contribution</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Interest</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Interest</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">GP Natural Resource Partners LLC</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">.01</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">.01</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">.001</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">0.001</TD>
    <TD nowrap>%</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Limited Partners:</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Total Capital</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Percentage</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>IDR Percentage</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Name and Address</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Cash Contributed</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Contribution</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Interest</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Interest</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">New Gauley Coal Corporation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">18.40</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">170,553.30</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">1.2695890</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">0.9624432</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Western Pocahontas Properties
Limited Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">460.80</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4,271,247.94</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">31.7947399</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">24.1029238</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Great Northern Properties
Limited Partnership</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">98.30</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">911,162.48</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">6.7826002</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">5.1417479</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">NRP Investment L.P.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">422.50</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">3,916,237.53</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">29.1520709</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">22.0995775</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Adena Minerals, LLC</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">7,280,117.67</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">31.0000000</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">47.6923077</TD>
    <TD nowrap>%</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->Schedule I<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>4
<FILENAME>h76273exv10w1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv10w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B><I>EXHIBIT 10.1</I></B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><DIV style="width: 100%; border-bottom: 3px double #000000; FONT-size: 1px">&nbsp;</DIV>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CONTRIBUTION AGREEMENT</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>by and among</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Natural Resource Partners L.P.,</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>NRP (GP)&nbsp;LP,</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Western Pocahontas Properties Limited Partnership,</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Great Northern Properties Limited Partnership,</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>New Gauley Coal Corporation</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>and</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>NRP Investment L.P.</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Dated as of &#091;</B><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><B>&#093;, 2010</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><DIV style="width: 100%; border-bottom: 3px double #000000; FONT-size: 1px">&nbsp;</DIV>
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CONTRIBUTION AGREEMENT</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS CONTRIBUTION AGREEMENT (this &#147;<U>Agreement</U>&#148;) dated as of &#091;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#95;&#093;, 2010 (the
&#147;<U>Closing Date</U>&#148;), is entered into by and among Natural Resource Partners L.P., a Delaware
limited partnership (the &#147;<U>Partnership</U>&#148;), NRP (GP)&nbsp;LP, a Delaware limited partnership (the
&#147;<U>General Partner</U>&#148;), Western Pocahontas Properties Limited Partnership, a Delaware limited
partnership (&#147;<U>WPP</U>&#148;), Great Northern Properties Limited Partnership, a Delaware limited
partnership (&#147;<U>Great Northern</U>&#148;), New Gauley Coal Corporation, a West Virginia corporation
(&#147;<U>New Gauley Coal</U>&#148;), and NRP Investment L.P., a Delaware limited partnership (&#147;<U>NRP
Investment</U>&#148;).
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>RECITALS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.&nbsp;The General Partner is the general partner of the Partnership and holds a 2% General
Partner Interest in the Partnership, as defined in the Current Partnership Agreement (as defined
below).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;The General Partner, WPP, Great Northern, New Gauley Coal and NRP Investment (each an
&#147;<U>IDR Holder</U>,&#148; and collectively the &#147;<U>IDR Holders</U>&#148;) each hold certain limited
partnership interests in the Partnership defined in the Current Partnership Agreement as &#147;Incentive
Distribution Rights&#148; (&#147;<U>IDRs</U>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C.&nbsp;The IDR Holders have agreed to contribute all of the IDRs to the Partnership in exchange
for the issuance by the Partnership to the IDR Holders of an aggregate of 32,000,000 Common Units
(the &#147;<U>Exchange Units</U>&#148;), and the Partnership has agreed to issue the Exchange Units to the
IDR Holders as consideration for the contribution of the IDRs to the Partnership. Upon the
contribution of the IDRs to the Partnership, such IDRs will be cancelled and cease to exist.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D.&nbsp;Concurrently with the execution of this Agreement, the General Partner will amend and
restate the Third Amended and Restated Agreement of Limited Partnership of Natural Resource
Partners L.P., dated as of April&nbsp;18, 2007, as amended on April&nbsp;7, 2008 (as so amended, the
&#147;<U>Current Partnership Agreement</U>&#148;) to reflect the cancellation of the IDRs (such amended
and restated agreement, which may include certain other changes approved by the General Partner,
being referred to as the &#147;<U>Revised Partnership Agreement</U>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E.&nbsp;The execution and adoption of the Revised Partnership Agreement, the contribution by the
IDR Holders to the Partnership of the IDRs and the issuance by the Partnership of the Exchange
Units to the IDR Holders (collectively, the &#147;<U>Transactions</U>&#148;) are conditioned on each other.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW, THEREFORE, in consideration of their mutual undertakings and agreements hereunder, the
parties undertake and agree as follows:
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE I</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>DEFINITIONS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Exchange Units</I>&#148; has the meaning given such term in the Recitals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Agreement</I>&#148; has the meaning given such term in the Preamble.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Closing Date</I>&#148; has the meaning given such term in the Preamble.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Current Partnership Agreement</I>&#148; has the meaning given such term in the Recitals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>General Partner</I>&#148; has the meaning given such term in the Preamble.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Great Northern</I>&#148; has the meaning given such term in the Preamble.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>IDRs</I>&#148; has the meaning given such term in the Recitals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>IDR Holder</I>&#148; and &#147;<I>IDR Holders</I>&#148; have the meaning given such terms in the Recitals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>New Gauley Coal</I>&#148; has the meaning given such term in the Preamble.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>NRP Investment</I>&#148; has the meaning given such term in the Preamble.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Partnership</I>&#148; has the meaning given such term in the Preamble.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Revised Partnership Agreement</I>&#148; has the meaning given such term in the Recitals. The Revised
Partnership Agreement shall be in the form attached hereto as <U>Exhibit&nbsp;1</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Securities Act</I>&#148; has the meaning given such term in <U>Section&nbsp;3.2(c)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Transactions</I>&#148; has the meaning given such term in the Recitals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>Units</I>&#148; means limited partnership interests in the Partnership defined in the Current
Partnership Agreement and the Revised Partnership Agreement as &#147;Common Units.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<I>WPP</I>&#148; has the meaning given such term in the Preamble.
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ARTICLE II</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>THE TRANSACTIONS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.1 <I>Contribution of IDRs</I>. Each of the IDR Holders hereby grants, contributes,
transfers, assigns and conveys to the Partnership all right, title and interest in the IDRs held by
such IDR Holder and the Partnership hereby accepts such IDRs from such IDR Holders, as a
contribution by each of such IDR Holders to the capital of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.2 <I>Consideration</I>. As consideration for the contribution of the IDRs to the
Partnership, the Partnership shall issue to each of the IDR Holders the number of Exchange Units
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">set forth opposite the name of such IDR Holder on <U>Schedule&nbsp;I</U> hereto. Such issuances shall
be deemed to have occurred immediately upon execution of the Revised Partnership Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.3 <I>Partnership Agreement</I>. Concurrently with the execution of this Agreement, the
General Partner shall execute, deliver and adopt the Revised Partnership Agreement. Immediately
upon execution of the Revised Partnership Agreement, the IDRs shall be cancelled and shall cease to
exist.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.4 <I>Certificates for Exchange Units</I>. On the Closing Date, the Partnership shall issue
to each of the IDR Holders a certificate representing the number of Exchange Units to be issued to
such IDR Holder pursuant to Section&nbsp;2.2. Each of the certificates evidencing the Exchange Units
shall bear a legend substantially in the form set forth below and containing such other information
as the Partnership may deem necessary or appropriate:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%"><B>THE UNITS (THE &#147;UNITS&#148;) EVIDENCED HEREBY HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
&#147;SECURITIES ACT&#148;), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD
EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION
HEREOF, THE HOLDER AGREES THAT IT WILL NOT DISTRIBUTE, OFFER,
RESELL, PLEDGE OR OTHERWISE TRANSFER (INDIVIDUALLY AND COLLECTIVELY,
A &#147;TRANSFER&#148;) THE UNITS EVIDENCED HEREBY, EXCEPT (A)&nbsp;PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, OR (B)
PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT
SUCH AS THE EXEMPTION SET FORTH IN RULE 144 UNDER THE SECURITIES ACT
(IF AVAILABLE). IF THE PROPOSED TRANSFER IS TO BE MADE OTHER THAN
PURSUANT TO CLAUSE (A)&nbsp;ABOVE, THE HOLDER MUST, PRIOR TO SUCH
TRANSFER, FURNISH TO THE ISSUER AND THE TRANSFER AGENT SUCH
CERTIFICATIONS, LEGAL OPINIONS OR OTHER INFORMATION AS THEY MAY
REASONABLY REQUIRE TO CONFIRM THAT SUCH TRANSFER IS BEING MADE
PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
THE REGISTRATION REQUIREMENTS OF
THE SECURITIES ACT OR ANY STATE OR FOREIGN SECURITIES LAW.</B>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">No fractional Units or scrip shall be issued as a result of the transactions contemplated by this
Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.5 <I>Further Assurances</I>. The Partnership and the IDR Holders agree to execute and
deliver, or cause to be executed and delivered, such further instruments or
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">documents or take such
other action as may be reasonably necessary or convenient to carry out the transactions
contemplated hereby.
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ARTICLE III</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>REPRESENTATIONS AND WARRANTIES</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;3.1 <I>Partnership</I>. The Partnership represents and warrants to the IDR Holders as
follows:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;the Partnership is a limited partnership duly formed and is validly existing and in good
standing under the laws of the State of Delaware and has the partnership power and authority to
execute and deliver this Agreement and, subject to the terms and conditions hereof, to carry out
its terms;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;the Partnership has taken all action as may be necessary to authorize the execution and
delivery of this Agreement and the consummation of the transactions contemplated by this Agreement
and the performance of its obligations hereunder. This Agreement constitutes a legal, valid and
binding obligation of the Partnership, enforceable against the Partnership in accordance with its
terms, subject to bankruptcy, receivership, insolvency, reorganization, moratorium and other laws
relating to or affecting creditors&#146; or secured parties&#146; rights generally from time to time in
effect and to general principles of equity (including concepts of materiality, reasonableness, good
faith and fair dealing), regardless of whether considered in a proceeding in equity or at law;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;none of the execution and delivery hereof, the performance of the Partnership&#146;s
obligations hereunder nor the consummation of the Transactions will violate or contravene any
applicable law or the Current Partnership Agreement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;on the Closing Date, the Exchange Units and the limited partner interests represented
thereby will have been duly and validly authorized and, when issued and delivered in accordance
with the terms and provisions of this Agreement, will be duly and validly issued and fully paid (to
the extent required under the Revised Partnership Agreement) and non-assessable (except as such
nonassessability may be affected by matters described in the Partnership&#146;s filings with the
Securities and Exchange Commission);
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;on the Closing Date and prior to the issuance of the Exchange Units, the issued and
outstanding limited partner interests of the Partnership consist of the IDRs and 74,027,836 Common
Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;The New York Stock Exchange, Inc. has authorized the listing of the Exchange Units.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;3.2 <I>IDR Holders</I>. Each IDR Holder, severally and not jointly, represents and warrants
to the Partnership as follows:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;such IDR Holder is a limited partnership or corporation duly formed and in good standing
under the laws of the place of its incorporation or organization and has the corporate or
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">partnership power and authority to execute and deliver this Agreement and, subject to the terms and
conditions hereof, to carry out its terms;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;this Agreement constitutes a legal, valid and binding obligation of such IDR Holder,
enforceable against such IDR Holder Partner in accordance with its terms, subject to bankruptcy,
receivership, insolvency, reorganization, moratorium and other laws relating to or affecting
creditors&#146; or secured parties&#146; rights generally from time to time in effect and to general
principles of equity (including concepts of materiality, reasonableness, good faith and fair
dealing), regardless of whether considered in a proceeding in equity or at law;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;none of the execution and delivery hereof, the performance of such IDR Holder&#146;s
obligations hereunder nor the consummation of the Transactions will violate or contravene any
applicable law, the organizational documents of such IDR Holder or any its material agreements or
any material agreement of the Partnership;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;such IDR Holder is an &#147;Accredited Investor&#148; as defined in Rule 501(a) promulgated under
the United States Securities Act of 1933, as amended (the &#147;<U>Securities Act</U>&#148;), and is
acquiring the Exchange Units for its own account, and not with a view to any distribution, resale,
subdivision, or fractionalization thereof in violation of the Securities Act or any other
applicable domestic or foreign securities law, and the General Partner has no present plans to
enter into any contract, undertaking, agreement or arrangement for any distribution, resale,
subdivision, or fractionalization of the Exchange Units in violation of the Securities Act or any
other applicable domestic or foreign securities law;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;such IDR Holder understands that the Exchange Units are characterized as &#147;restricted
securities&#148; under the federal securities law inasmuch as they are being acquired from the
Partnership in a transaction not involving a public offering and that under such law and applicable
regulations such securities may be resold under the Securities Act only in certain limited
circumstances; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;such IDR Holder is the beneficial and record holder of the IDRs listed opposite such IDR
Holder&#146;s name on <U>Schedule&nbsp;I</U> hereto and such IDR Holder has good and valid title to such
IDRs, free and clear of all liens, encumbrances or other claims; there is no subscription, option,
warrant, call, right, agreement or commitment relating to the issuance, sale, delivery,
repurchase or transfer by such IDR Holder of such IDRs, except as set forth in the Current
Partnership Agreement.
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ARTICLE IV</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>CONDITIONS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.1 <I>Conditions to Obligations of Each Party</I>. Notwithstanding any other provision of
this Agreement, the respective obligations of each party to effect the transactions contemplated by
this Agreement shall be subject to the fulfillment of the condition that no order shall have been
entered and remained in effect in any action or proceeding before any federal, foreign, state or provincial court or governmental agency or other federal, foreign, state or
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">provincial regulatory
or administrative agency or commission that would prevent or make illegal the consummation of the
transactions contemplated herein.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.2 <I>Conditions to Obligations of the Partnership</I>. Notwithstanding any other provision
of this Agreement, the obligations of the Partnership to effect the transactions contemplated by
this Agreement shall be subject to the fulfillment of the condition that the agreements and
covenants of the IDR Holders to be complied with or performed pursuant to the terms hereof shall
have been duly complied with or performed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;4.3 <I>Conditions to Obligations of the IDR Holders</I>. Notwithstanding any other provision
of this Agreement, the obligations of the IDR Holders to effect the transactions contemplated by
this Agreement shall be subject to the fulfillment of the condition that the agreements and
covenants of the Partnership to be complied with or performed pursuant to the terms hereof shall
have been duly complied with or performed.
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ARTICLE V</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>MISCELLANEOUS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.1 <I>Governing Law</I>. The laws of the State of Delaware shall govern the construction,
interpretation and effect of this Agreement without giving effect to any conflicts of law
principles.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.2 <I>Counterparts</I>. This Agreement may be executed in one or more counterparts, each of
which shall constitute an original, and all of which when taken together shall constitute one and
the same original document.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.3 <I>Amendments</I>. All waivers, modifications, amendments or alterations of this Agreement shall require the
written approval of each of the parties to this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.4 <I>Assignment</I>. This Agreement shall be binding upon and inure to the benefit of the
parties and the respective successors and assigns. This Agreement shall not be assignable by any
party hereto, except with the prior written consent of the other parties hereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.5 <I>Benefits of Agreement Restricted to Parties</I>. This Agreement is made solely for
the benefit of the parties to this Agreement, and no other person (including employees) shall have
any right, claim or cause of action under or by virtue of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.6 <I>Severability</I>. In the event that any provision of this Agreement shall finally be
determined to be unlawful, such provision shall, so long as the economic and legal substance of the
transactions contemplated hereby is not affected in any materially adverse manner as to any of the
parties to this Agreement, be deemed severed from this Agreement and every other provision of this
Agreement shall remain in full force and effect.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.7 <I>Titles</I>. The article, section and paragraph titles in this Agreement are only for
purposes of convenience and do not form a part of this Agreement and will not be taken to qualify,
explain, or affect any provision thereof.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.8 <I>Notices</I>. All notices, requests, claims, demands and other communications
hereunder shall be in writing and shall be deemed to have been duly given when delivered if
delivered in person, by cable, telegram, telex, or telecopy and shall be deemed to have been duly
given three business days after deposit with a United States post office if delivered by registered
or certified mail (postage prepaid, return receipt requested) to the respective parties as follows:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if to the Partnership, at
</DIV>
<DIV align="left" style="font-size: 10pt; margin-left: 9%; margin-top: 6pt">Natural Resource Partners L.P.<BR>
601 Jefferson Street<BR>
Suite&nbsp;3600<BR>
Houston, Texas 77002<BR>
Attn: Wyatt L. Hogan<BR>
Facsimile: (713)&nbsp;751-7517
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if to the IDR Holders, at
</DIV>
<DIV align="left" style="font-size: 10pt; margin-left: 9%; margin-top: 6pt">601 Jefferson Street<BR>
Suite&nbsp;3600<BR>
Houston, Texas 77002<BR>
Attn: Wyatt L. Hogan<BR>
Facsimile: (713)&nbsp;751-7517
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">&#091;<B><I>SIGNATURE PAGE FOLLOWS</I></B>&#093;
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->7<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, this Agreement has been executed on behalf of each of the parties hereto
effective as of the day and year first above written.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
<TD></TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="5" align="left"><B>NATURAL RESOURCE PARTNERS L.P.</B><BR>
&nbsp;</TD>
<TD></TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="4" style="border-bottom: 0px solid #000000" align="left">NRP (GP) LP, its general partner
&nbsp;</TD>
<TD></TD>
</TR>
<TR><td>&nbsp;</td>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR>
    <TD align="left">&nbsp;</TD>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>

    <TD colspan="3" style="border-bottom: 0px solid #00000" align="left">                                            GP Natural Resource Partners LLC, its general partner
&nbsp;</TD>
<TD></TD>

</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
<TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
<TD></TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>

    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">                        /s/ Wyatt L. Hogan
&nbsp;</TD>
<TD></TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>

    <TD align="left" colspan="2">Wyatt L. Hogan&nbsp;</TD>
<TD></TD>

</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>

    <TD align="left" colspan="2">Vice President,<BR>
General Counsel and Secretary&nbsp;</TD>
<TD></TD>

</TR>
<TR><td>&nbsp;</td></TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>NRP (GP)&nbsp;LP</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="4" style="border-bottom: 0px solid #000000" align="left">GP Natural Resource Partners LLC, its general partner
&nbsp;</TD>

</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">                     /s/ Wyatt L. Hogan
&nbsp;</TD>
    <TD>&nbsp;</TD>

</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Wyatt L. Hogan&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President,<BR>
General Counsel and Secretary&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR><td>&nbsp;</td></TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="5" align="left"><B>WESTERN POCAHONTAS PROPERTIES LIMITED PARTNERSHIP</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="4" style="border-bottom: 0px solid #000000" align="left">Western Pocahontas Corporation, its general partner
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">                                 /s/ Dwight Dunlap
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Dwight Dunlap&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR><td>&nbsp;</td>
</TR><TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="5" align="left"><B>GREAT NORTHERN PROPERTIES LIMITED PARTNERSHIP</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="4" style="border-bottom: 0px solid #000000" align="left">GNP Management Corp., its general partner
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</table>
<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="47%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">                                              /s/ Dwight Dunlap
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Dwight Dunlap&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>



<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><FONT style="FONT-variant: SMALL-CAPS"><B>Signature Page</B></FONT>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<DIV style="font-family: 'Times New Roman',Times,serif">


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>NEW GAULEY COAL CORPORATION</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Corbin J. Robertson, Jr.
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Corbin J. Robertson, Jr.&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Chairman&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR><td>&nbsp;</td></TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>NRP INVESTMENT L.P.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 0px solid #000000" align="left">Robertson Coal Management LLC, its general partner
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">                    /s/ Corbin J. Robertson, Jr.
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Corbin J. Robertson, Jr.&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Sole Member&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><FONT style="FONT-variant: SMALL-CAPS"><B>Signature Page</B></FONT>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Schedule&nbsp;I</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Number of</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>IDR Holder</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Exchange Units</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>IDRs Owned</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">NRP (GP)&nbsp;LP
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">20,800,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">65.00</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Western Pocahontas Properties Limited Partnership
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,383,200</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">19.95</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Great Northern Properties Limited Partnership
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1,361,600</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">4.25</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">New Gauley Coal Corporation
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">255,200</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.80</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">NRP Investment L.P.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3,200,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10.00</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px"> <B>Total</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>32,000,000</B></TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>100.00</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>5
<FILENAME>h76273exv99w1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">
<B><i>Exhibit 99.1</i></B>
</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CASH DISTRIBUTIONS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Distributions of Available Cash</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>General</I></B>. Within approximately 45&nbsp;days after the end of each quarter, we will distribute all
available cash pro rata to our general partner and our unitholders of record on the applicable
record date.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Definition of Available Cash</I></B>. Available cash generally means, for each fiscal quarter, all
cash on hand at the end of the quarter:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>less the amount of cash reserves that the general partner determines in its reasonable
discretion is necessary or appropriate to:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>provide for the proper conduct of our business;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>comply with applicable law, any of our debt instruments, or other agreements; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>provide funds for distributions to our unitholders and to our general partner;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>plus all cash on hand on the date of determination of available cash for the quarter
resulting from working capital borrowings made after the end of the quarter. Working
capital borrowings are generally borrowings that are made under our credit facility and in
all cases are used solely for working capital purposes or to pay distributions to partners.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Distributions of Cash Upon Liquidation</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If we dissolve in accordance with our partnership agreement, we will sell or otherwise dispose
of our assets in a process called a liquidation. We will first apply the proceeds of liquidation to
the payment of our creditors. We will distribute any remaining proceeds to the unitholders and the
general partner, in accordance with their capital account balances, as adjusted to reflect any gain
or loss upon the sale or other disposition of our assets in liquidation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Manner of Adjustment for Gain</I></B>. The manner of the adjustment is set forth in the partnership
agreement. If our liquidation occurs, we will allocate any gain to the partners in the following
manner:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>First</I>, to our general partner in the amount of certain prior loss allocations to the
general partner; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Second</I>, to our general partner and our unitholders, pro rata.</TD>
</TR>



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<TYPE>EX-99.2
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<TEXT>
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<HEAD>
<TITLE>exv99w2</TITLE>
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt; margin-bottom: 3pt">Exhibit&nbsp;99.2
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="45%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="52%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Natural Resource Partners L.P.</B><BR><B>601 Jefferson St., Suite&nbsp;3600, Houston, TX 77002</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD ROWSPAN="4" align="right" valign="top"><IMG src="h76273h7627301.gif" alt="(NRP LOGO)"></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><Div style="font-size: 14pt"><B>NEWS RELEASE</B></DIV></div></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Natural Resource Partners L.P.<BR>
Eliminates Incentive Distribution Rights</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>HOUSTON, September&nbsp;20, 2010 </B>&#151; <B><u>Natural Resource Partners L.P.</u> (NYSE:NRP) </B>today announced that
it has eliminated all of the incentive distribution rights (IDRs) held by its general partner and
affiliates of the general partner. As consideration for the elimination of the IDRs, Natural
Resource Partners has issued 32&nbsp;million common units to the holders of the IDRs. NRP now has
106,027,836 common units outstanding and the general partner will retain its 2% interest in Natural
Resource Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Prior to the transaction, the IDRs received approximately 24% of the quarterly distribution and 48%
of any increase in the distribution. Through the elimination of the IDRs, NRP&#146;s limited partner
unitholders will benefit by improving NRP&#146;s cost of capital through:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>NRP&#146;s enhanced competitive position in the acquisition markets; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Increased returns to limited partner unitholders from acquisitions and growth
projects.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;This transaction reflects a strategic move to lower our cost of capital through the elimination of
the IDRs,&#148; said Corbin J. Robertson, Jr., Chairman and Chief Executive Officer. &#147;As the owners of
the general partner now hold over 50% of the outstanding common units, our interests are directly
aligned with the common unit holders and quarterly distributions to all unitholders will
potentially increase at a faster pace than would otherwise have been possible.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;Historically, NRP has averaged approximately $200&nbsp;million in acquisitions annually. This
transaction will lower our cost of capital and improve our potential for completing acquisitions,&#148;
said Nick Carter, President and Chief Operating Officer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">While the transaction is expected to be dilutive to cash available for distribution in the
near-term, management believes that the transaction is in the long-term best interest of the
partnership and intends to recommend to the Board that the distribution level be maintained at the
current level through the remainder of 2010. Management will consider recommending increases in
the distribution in the future as current development projects are brought into production and
further acquisitions are completed.
</DIV>




<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">NRP Eliminates
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Page 2 of 2</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The transaction was negotiated on behalf of the limited partners by a special committee designated
by the board of directors and consisting of the independent directors of the board. The special
committee was advised by UBS Investment Bank and Andrews Kurth LLP. Barclays Capital and Vinson &#038;
Elkins LLP advised the holders of the incentive distribution rights.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Natural Resource Partners L.P. is a master limited partnership headquartered in Houston, TX, with
its operations headquarters in Huntington, WV. NRP is principally engaged in the business of
owning and managing mineral reserve properties. NRP primarily owns coal, aggregate and oil and gas
reserves across the United States that generate royalty income for the partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For additional information, please contact Kathy H. Roberts at 713-751-7555 or
<U>kroberts@nrplp.com</U>. Further information about NRP is available on the partnership&#146;s website
at <u>www.nrplp.com.</u>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><I>Forward-Looking Statements</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>This press release may include &#147;forward-looking statements&#148; as defined by the Securities and
Exchange Commission. Such statements include the dilutive effect of this transaction and the
enhanced ability to grow post transaction. All statements, other than statements of historical
facts, included in this press release that address activities, events or developments that the
partnership expects, believes or anticipates will or may occur in the future are forward-looking
statements. These statements are based on certain assumptions made by the partnership based on its
experience and perception of historical trends, current conditions, expected future developments
and other factors it believes are appropriate in the circumstances. Such statements are subject to
a number of assumptions, risks and uncertainties, many of which are beyond the control of the
partnership. These risks include, but are not limited to, decreases in demand for coal; changes in
operating conditions and costs; production cuts by our lessees; commodity prices; unanticipated
geologic problems; changes in the legislative or regulatory environment and other factors detailed
in Natural Resource Partners&#146; Securities and Exchange Commission filings. Natural Resource
Partners L.P. has no obligation to publicly update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise.</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>10-17</I>

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>-end-</I>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
