0001104659-11-013147 Sample Contracts

FORM OF CLOUD PEAK ENERGY INC. NONQUALIFIED STOCK OPTION AGREEMENT

Nonqualified Stock Option Agreement • March 9th, 2011 • Cloud Peak Energy Inc. • Bituminous coal & lignite surface mining • Delaware

• Contract Type
  Nonqualified Stock Option Agreement
• Filed
  March 9th, 2011
• Company
  Cloud Peak Energy Inc.
• Industry
  Bituminous coal & lignite surface mining
• Jurisdiction
  Delaware

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

FORM OF CLOUD PEAK ENERGY INC. RESTRICTED STOCK AGREEMENT

Restricted Stock Agreement • March 9th, 2011 • Cloud Peak Energy Inc. • Bituminous coal & lignite surface mining • Delaware

• Contract Type
  Restricted Stock Agreement
• Filed
  March 9th, 2011
• Company
  Cloud Peak Energy Inc.
• Industry
  Bituminous coal & lignite surface mining
• Jurisdiction
  Delaware

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

FORM OF CLOUD PEAK ENERGY INC. 2009 LONG TERM INCENTIVE PLAN PERFORMANCE SHARE UNIT AWARD AGREEMENT

Term Incentive Plan Performance Share Unit Award Agreement • March 9th, 2011 • Cloud Peak Energy Inc. • Bituminous coal & lignite surface mining • Delaware

• Contract Type
  Term Incentive Plan Performance Share Unit Award Agreement
• Filed
  March 9th, 2011
• Company
  Cloud Peak Energy Inc.
• Industry
  Bituminous coal & lignite surface mining
• Jurisdiction
  Delaware

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