PURCHASE, SALE AND MERGER AGREEMENT by and among MASSEY ENERGY COMPANY, CUMBERLAND RESOURCES CORPORATION, POWELL RIVER RESOURCES CORPORATION and THE SELLERS as defined herein. March 16, 2010Purchase, Sale and Merger Agreement • March 17th, 2010 • Massey Energy Co • Bituminous coal & lignite surface mining
This PURCHASE, SALE AND MERGER AGREEMENT, dated as of March 16, 2010, by and among Massey Energy Company, a corporation organized under the laws of the State of Delaware (“Buyer”), Cumberland Resources Corporation, a corporation organized under the laws of the Commonwealth of Virginia (“CRC”), Powell River Resources Corporation, a corporation organized under the laws of the Commonwealth of Virginia (“PRRC”), and each of the Sellers (as defined below and, together with Buyer, A.T. Massey Sub (as defined below), Buyer’s Sub 1 (as defined below), Buyer’s Sub 2 (as defined below), CRC and PPRC, the “Parties”).
