Common use of Materials Handling Clause in Contracts

Materials Handling. Product Name Aggregates Asphalt Aviation Fuel Calcium Chloride Caustic Soda Cement China Clay Coal Furnace Slag Government Petroleum Gypsum Heavy Lift Iron Oxide Logs Lumber Paper (rolled or bundled) Petcoke Pulp (baled) Recycled Oil Salt Scrap Seaweed Sugar Tallow Tapioca Urea Veg Oil Wood Pellets Note: ATTACHMENTS 2-5 provide more details on approved products breakdown Xxxxxxx Operating Resources LLC Risk Management Policy Privileged and Confidential - 12/5/2011 EXHIBIT 2 — PRODUCT DEFINITIONS Note that the following definitions are in some cases in reference to specific Xxxxxxx offerings / terminology and are not considered general industry definitions Accelerated Collar: Specific product offered by Natural Gas to its customers. Product is more complex than a standard collar deal (see below), providing the customer upside price protection and downside price participation with potential discounts to the market price. Basis: Differential between the cash or spot price of a commodity and the price of the nearest futures contract. Basis may reflect different time periods, qualities / grades, or locations. • Natural Gas Basis: Generally refers to location differences, i.e. the price of natural gas at a physical location less the prompt month natural gas futures contract. • Oil Basis: Generally refers to quality / grade and possibly location differences, typically the price of the physical commodity less the prompt month of the most similar futures contract.

Materials Handling. Product Name Aggregates Asphalt Aviation Fuel Calcium Chloride Caustic Soda Cement China Clay Coal Furnace Slag Government Petroleum Gypsum Heavy Lift Iron Oxide Logs Lumber Paper (rolled or bundled) Petcoke Pulp (baled) Recycled Oil Salt Scrap Seaweed Sugar Tallow Tapioca Urea Veg Oil Wood Pellets Note: ATTACHMENTS 2-5 provide more details on approved products breakdown Xxxxxxx Operating Resources LLC Risk Management Policy Privileged and Confidential - 12/5/2011 EXHIBIT 2 — – PRODUCT DEFINITIONS Note that the following definitions are in some cases in reference to specific Xxxxxxx offerings / terminology and are not considered general industry definitions Accelerated Collar: Specific product offered by Natural Gas to its customers. Product is more complex than a standard collar deal (see below), providing the customer upside price protection and downside price participation with potential discounts to the market price. Basis: Differential between the cash or spot price of a commodity and the price of the nearest futures contract. Basis may reflect different time periods, qualities / grades, or locations. • Natural Gas Basis: Generally refers to location differences, i.e. the price of natural gas at a physical location less the prompt month natural gas futures contract. • Oil Basis: Generally refers to quality / grade and possibly location differences, typically the price of the physical commodity less the prompt month of the most similar futures contract.