WESTMORELAND COAL COMPANY Performance-Based Restricted Stock Unit Agreement Amended and Restated 2007 Equity Incentive Plan for Employees and Non-Employee DirectorsPerformance-Based Restricted Stock Unit Agreement • May 9th, 2011 • WESTMORELAND COAL Co • Bituminous coal & lignite surface mining • Delaware
Westmoreland Coal Company (the “Company”) has selected you (the “Recipient”) to receive the restricted stock unit award described above, which is subject to the provisions of the Company’s Amended and Restated 2007 Equity Incentive Plan for Employees and Non-Employee Directors (the “Plan”) and the terms and conditions contained in this Restricted Stock Unit Agreement (this “Agreement”). The terms and conditions of the award of restricted stock units (the “RSUs”) made to the Recipient are as follows:
