RECEIVABLES CONTRIBUTION AGREEMENT

dated as of March 31, 2000

between

P&L COAL HOLDINGS CORPORATION,

AS CONTRIBUTOR,

and

P&L RECEIVABLES COMPANY, LLC,

AS TRANSFEREE

TABLE OF CONTENTS

Page

ARTICLE I. THE CONTRIBUTIONS.................................................................................... 1

Section 1.1 Contributions of Receivables..................................................................... 1

Section 1.2 Transfer of Records....................................................................................... 2

Section 1.3. Characterization; Granting Clauses........................................................ 2

Section 1.4 Recourse for Dilution................................................................................... 3

ARTICLE II. REPRESENTATIONS AND WARRANTIES................................................ 3

Section 2.1 Representations of P&L.............................................................................. 3

ARTICLE III. CONDITIONS OF CONTRIBUTIONS....................................................... 6

Section 3.1 Condition Precedent to Initial Contribution........................................ 6

Section 3.2 Condition Precedent to All Contributions........................................... 6

ARTICLE IV. COVENANTS.................................................................................................. 6

Section 4.1 Compliance with Receivables Purchase Agreement........................ 6

Section 4.2 Reporting........................................................................................................ 6

ARTICLE V. INDEMNIFICATION...................................................................................... 6

Section 5.1 Indemnities by P&L..................................................................................... 6

Section 5.2 Costs, Expenses and Taxes....................................................................... 8

ARTICLE VI. MISCELLANEOUS........................................................................................ 8

Section 6.1 Waivers and Amendments....................................................................... 8

Section 6.2 Notices, Etc.................................................................................................... 9

Section 6.3 Cumulative Remedies................................................................................ 9

Section 6.4 Binding Effect; Assign ability................................................................... 9

Section 6.5 Acknowledgment and Agreement........................................................ 9

Section 6.6 Governing Law............................................................................................. 9

Section 6.7 Submission to Jurisdiction..................................................................... 10

Section 6.8 Waiver of Jury Trial................................................................................... 10

Section 6.9 Captions and Cross References; Incorporation by Reference... 10

Section 6.10 Execution in Counterparts................................................................... 10

Section 6.11 No Proceedings....................................................................................... 10

ANNEX A DEFINITIONS.................................................................................................. 13

详见附件！