0000950123-10-005706 Sample Contracts

AMENDMENT TO ALON USA ENERGY, INC. APPRECIATION RIGHTS AWARD AGREEMENT

Appreciation Rights Award Agreement • January 27th, 2010 • Alon USA Energy, Inc. • Petroleum refining

• Contract Type
  Appreciation Rights Award Agreement
• Filed
  January 27th, 2010
• Company
  Alon USA Energy, Inc.
• Industry
  Petroleum refining

This Amendment is entered into as of January 25, 2010, by and between Alon USA Energy, Inc., a Delaware corporation (the “Company”), and (the “Participant”). Terms not defined in this Amendment will have the meaning set forth in the Award Agreement (defined below).

ALON USA ENERGY, INC. AWARD AGREEMENT Appreciation Rights

Award Agreement • January 27th, 2010 • Alon USA Energy, Inc. • Petroleum refining

• Contract Type
  Award Agreement
• Filed
  January 27th, 2010
• Company
  Alon USA Energy, Inc.
• Industry
  Petroleum refining

Under the terms and conditions of the Alon USA Energy, Inc. 2005 Incentive Compensation Plan (the “Plan”), a copy of which has been furnished to the individual whose name is set forth above (the “Participant”) and which is incorporated herein by reference, Alon USA Energy, Inc., a Delaware corporation (the “Company”), grants to the Participant the number of Appreciation Rights with respect to the Company’s Common Stock set forth above. Terms not defined in this Agreement have the meanings set forth in the Plan.