0000950137-08-002952 Sample Contracts

FIRST AMENDMENT TO PEABODY ENERGY CORPORATION EMPLOYMENT AGREEMENT (For Listed Officers)
Employment Agreement • February 28th, 2008 • Peabody Energy Corp • Bituminous coal & lignite surface mining

This Amendment shall only become valid and binding upon consummation of an IPO on or before July 31, 2001, and shall otherwise be null and void. Except as provided herein, the Employment Agreement shall remain in full force and effect.

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EMPLOYMENT AGREEMENT
Employment Agreement • February 28th, 2008 • Peabody Energy Corp • Bituminous coal & lignite surface mining • New York

AGREEMENT, as of the date set forth on the signature page hereof, by and between P&L Coal Holdings Corporation, a Delaware corporation (the “Company”) and the undersigned executive (the “Executive”).

PERFORMANCE UNITS AGREEMENT
Performance Units Agreement • February 28th, 2008 • Peabody Energy Corp • Bituminous coal & lignite surface mining • Delaware

THIS AGREEMENT, dated January 2, 2007 (the “Grant Date”), is made by and between PEABODY ENERGY CORPORATION, a Delaware corporation (the “Company”), and the undersigned employee of the Company or a Subsidiary (as defined below) or an Affiliate (as defined below) of the Company (“Grantee”).

SECOND AMENDMENT TO PEABODY ENERGY CORPORATION EMPLOYMENT AGREEMENT (For Listed Officers)
Employment Agreement • February 28th, 2008 • Peabody Energy Corp • Bituminous coal & lignite surface mining
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