0001047469-11-001299 Sample Contracts

FORM OF CLOUD PEAK ENERGY INC. 2009 LONG TERM INCENTIVE PLAN RESTRICTED STOCK UNIT AGREEMENT Directors

Restricted Stock Unit Agreement • February 25th, 2011 • Cloud Peak Energy Inc. • Bituminous coal & lignite surface mining • Delaware

• Contract Type
  Restricted Stock Unit Agreement
• Filed
  February 25th, 2011
• Company
  Cloud Peak Energy Inc.
• Industry
  Bituminous coal & lignite surface mining
• Jurisdiction
  Delaware

THIS AGREEMENT, made as of the 6th day of January, 2011 (the "Grant Date"), between Cloud Peak Energy Inc., a Delaware corporation (the "Company"), and (the "Grantee").