Form of Performance Shares Contract (Not Transferable)Performance Shares Contract • May 12th, 2014 • Arch Coal Inc • Bituminous coal & lignite surface mining • Delaware
This Contract, by and between Arch Coal, Inc., a Delaware corporation (the “Company”), and (the “Participant”), is made and entered into as a separate inducement in connection with the Participant’s employment and not in lieu of any salary or other compensation for the Participant’s services, pursuant to which the company has awarded up to performance shares(“ Performance Shares”) to the Participant, subject to the provisions of the Arch Coal, Inc. Omnibus Incentive Plan, as amended from time to time (the “Plan”), a copy of which has been provided to the Participant, and to the terms and conditions set forth below, which, together with the Long-Term Incentive Plan Grant Memorandum dated April 10, 2014 to the Participant, constitute the entire understanding between the Company and the Participant with respect to this Contract.
