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EXHIBIT 103 COAL LEASE THIS LEASE made and entered into this 20th day of April 2010 is by and between i Ranger Energy Investments LLC a Delaware limited liability company Lessee and ii National Coal Corporation a Tennessee corporation Lessor W I T N E S S E T H That for and in consideration of the payments herein provided and the performance and observance
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As the mining equipment performs 24X7 which is a higher number of working hours there is a continuous demand for these equipment During the forecast period the surface mining equipment accounts to have the fastest growth because of its widespread operation equipment offerings and ease of autonomous adoption in the equipment type
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