PostRock Form of Director Restricted Share Unit Award Agreement



 Exhibit 10.6 
 POSTROCK ENERGY CORPORATION 
 2010 LONG-TERM INCENTIVE PLAN

 DIRECTOR RESTRICTED SHARE UNIT AWARD AGREEMENT 

 

			
	 Date of Grant:
	  	May 10, 2012
	 Number of Restricted Share Units:
	  	[            ]

 This Director Restricted Share Unit Award Agreement (the “Agreement”) dated
[            ], 2012, is made by and between PostRock Energy Corporation, a Delaware corporation (the “Company”), and
[            ] (“Participant”). 

RECITALS: 

A. The Company established the 2010 Long-Term Incentive Plan (the “Plan”), under which the Company may grant to
eligible employees of the Company and its Subsidiaries and non-employee directors of the Company (“Director”) certain equity-based awards. 
 B. Participant is a non-employee director of the Company and the Committee has elected to grant to Participant Restricted Share Units under the Plan pursuant to and in accordance with this Agreement.

 AGREEMENT: 
 In consideration of the mutual premises and covenants contained herein and other good and valuable consideration paid by Participant to the Company, the Company and Participant agree as follows:

 Section 1. Incorporation of Plan. 

All provisions of this Agreement and the rights of Participant hereunder are subject in all respects to the provisions of the Plan and
the powers of the Committee therein provided. Capitalized terms used in this Agreement but not defined herein shall have the meaning set forth in the Plan. 
 Section 2. Grant of Restricted Share Units. 
 Subject to the
conditions and restrictions set forth in this Agreement and the Plan, the Company hereby grants to Participant, that number of Restricted Share Units identified above opposite the heading “Number of Restricted Share Units” (the
“Units”). 

  
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 Section 3. Vesting; Settlement. 

Vesting. Subject to any exceptions listed elsewhere herein, Participant’s rights to the Units shall fully vest on the earlier
of (1) first anniversary of the Grant Date or (2) the date of the 2013 Annual Meeting of the Stockholders of the Company (as applicable, the “Vesting Date”), provided Participant is a Director from the Grant Date
through and on the Vesting Date (the “Vested Units”). 
 Settlement. The “Settlement
Date” of the Vested Units shall be the earlier of (1) the 5th Anniversary of the Grant Date or (2) the date of Participant’s Termination of Affiliation. As of the Settlement Date, a number of Shares equal to the number of
Vested Units shall be registered in the name of Participant. Not later than 10 days after the Settlement Date either (x) certificates representing such Shares shall be delivered to Participant or (y) such Shares shall be registered in a
book entry brokerage account in the name of Participant, with such form of delivery determined in the Committee’s discretion. 
 Death or Disability Prior to Vesting Date. Notwithstanding the foregoing, if Participant’s Termination of Affiliation due to death or Disability occurs prior to the first anniversary of the
Grant Date, then as of the date of such Termination of Affiliation all unvested Units granted under this Agreement shall be fully vested. The Settlement Date of the Vested Units under this paragraph shall be Participant’s Termination of
Affiliation date, and the Shares shall be paid to Participant’s Beneficiary as provided in this Agreement. 

Section 4. Forfeiture Prior to Vesting. 
 If Participant has a Termination of Affiliation for any reason (other than due to death or Disability) before the Vesting Date, then all of Participant’s unvested Units under this Agreement shall
immediately be forfeited as of such termination date. Upon such forfeiture, Participant shall have no further rights under this Agreement. 
 Section 5. No Assignment of Rights. 
 Subject to any exceptions
set forth elsewhere herein, none of the rights to receive the Units may be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by Participant. Any attempt to assign, alienate, pledge, attach, sell or otherwise
transfer or encumber a right to receive a Share under this Agreement shall be null and void. 
 Section 6. No
Dividends or Voting Rights. 
 Unless and until Shares have been delivered pursuant to this Agreement, Participant
(a) is not entitled to receive any dividends or dividend equivalents, whether paid in cash or stock, or any other distributions declared on or with respect to actual Shares and (b) does not have nor may Participant exercise any voting
rights with respect to any of the Shares. 
 Section 7. Designation of Beneficiary. 

Participant may designate a person or persons (a “Beneficiary” or “Beneficiaries”) to
receive, in the event of Participant’s death on or after the Vesting Date, Shares resulting from the Vested Units or other property then or thereafter distributable relating 

  
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to such Shares. Such designation may be made either in the space indicated at the end of this Agreement or in a written instrument delivered to the Company or its delegate and may be revoked only
by a written instrument similarly delivered. If Participant fails effectively to designate a Beneficiary, the legal representative of the estate of Participant will be deemed to be the Beneficiary of Participant with respect to any such Shares or
other property. 
 Section 8. Entire Agreement; Amendment. 

This Agreement constitutes the entire agreement of the parties with regard to the subject matter hereof, and contains all the covenants,
promises, representations, warranties and agreements between the parties with respect to the Units granted hereby. All prior understandings and agreements, if any, among the parties hereto relating to the subject matter hereof are hereby null and
void and of no further force and effect. This Agreement may be amended only by a writing executed by the parties hereto which specifically states that it is an amendment of this Agreement. 

Section 9. Governing Law. 
 This Agreement will be governed by and construed in accordance with the laws of the State of Delaware, excluding its conflict of laws provisions. 

Section 10. Section 409A. 
 The rights to, and distribution of, the Units granted hereunder are intended to satisfy the requirements of Section 409A of the Code and this Agreement shall be interpreted and administered in a
manner consistent with that intent. 
 This Agreement has been executed and delivered by the parties hereto effective the day
and year first above written. 
  

							
		 		 	POSTROCK ENERGY CORPORATION
				
		 		 	 By:
	 	 
		 		 		 	Terry W. Carter
		 		 		 	Chief Executive Officer, President
				
		 		 		 	
			
		 		 	PARTICIPANT
				
		 		 		 	
			
		 		 	 
		 		 	[                            
]
	 Designation of Beneficiary
	 		 		 	
			
	 	 		 	 
	 (Relationship to Participant)
	 		 	(Name of Beneficiary)
		 		 		 	
		 		 	 
		 		 	(Street Address)
			
		 		 	 
		 		 	(City, State, Zip Code)


  
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