Document:

EX-10.1

Exhibit 10.1

Alpha Natural Resources, Inc.

2005 Long-Term Incentive Plan

Restricted Stock Agreement

(For [EMPLOYEES/NON-EMPLOYEE DIRECTORS])

This Restricted Stock Agreement set forth below (this “Agreement”) is dated as of the issue
date (the “Issue Date”) set forth on the applicable Summary of Restricted Stock Grant, and is
between Alpha Natural Resources, Inc., a Delaware corporation (“Alpha”), and the individual named
as Stockholder on the Summary of Restricted Stock Grant (the “Stockholder”). The Stockholder may
view or obtain a copy of the Stockholder’s Summary of Restricted Stock Grant document by accessing
Smith Barney Benefit Access at www.benefitaccess.com.

Alpha has established its 2005 Long-Term Incentive Plan (the “Plan”) to advance the interests
of Alpha and its stockholders by providing incentives to certain eligible persons who contribute
significantly to the strategic and long-term performance objectives and growth of Alpha and any
parent, subsidiary or affiliate of Alpha. All capitalized terms not otherwise defined in this
Agreement have the same meaning given such capitalized terms in the Plan.

Pursuant to the provisions of the Plan, the Committee or its Designated Administrator has full
power and authority to direct the execution and delivery of this Agreement in the name and on
behalf of Alpha, and has authorized the execution and delivery of this Agreement.

Agreement

The parties agree as follows:

Section 1. Issuance of Stock. Subject and pursuant to all terms and conditions stated in
this Agreement and in the Plan, as of the Issue Date, Alpha hereby grants to Stockholder the number
of shares of Alpha’s Common Stock, par value $0.01 per share (the “Common Stock”), set forth on the
Summary of Restricted Stock Grant. For purposes of this Agreement, the “Shares” shall include all
of the shares of Common Stock issued to Stockholder pursuant to this Agreement or issued with
respect to such shares of Common Stock, including, but not limited to, shares of Alpha’s capital
stock issued by way of stock dividend or stock split or in connection with a combination of shares,
recapitalization, merger, consolidation or other reorganization.

Section 2.  Vesting; Restriction on Transfer and Forfeiture of Unvested Shares.

(a) None of the Shares may be sold, transferred, pledged, hypothecated or otherwise
encumbered or disposed of until they have vested in accordance with the terms of this
Section 2 and the Summary of Restricted Stock Grant. Except as set forth in this Section 2
or as otherwise provided in a Company plan applicable to Stockholder or an agreement between
the Stockholder and the Company, if any, effective at the close of business on the date
Stockholder ceases to be employed by[INSERT FOR GRANT TO NON-EMPLOYEE DIRECTOR, OTHERWISE
DELETE:, or to serve as a member of the Board of Directors of,] the Company or, if earlier,
the date Stockholder breaches the confidentiality covenant as described in Section 8 hereof,
any Shares that are not vested in accordance with this Section 2 shall be automatically
forfeited to Alpha without any further obligation on the part of Alpha. Stockholder hereby
assigns and transfers any forfeited Shares and the stock certificate(s) representing such
 shares to Alpha.

(b) The Shares will vest according to the vesting schedule set forth on the Summary of
Restricted Stock Grant. Unless otherwise provided in a Company plan applicable to
Stockholder or an agreement between the Stockholder and the Company, if any, if: (i) a
Change of Control (as defined below) occurs, any unvested Shares shall vest immediately
prior to the consummation of the Change of Control;[INSERT FOR GRANT TO NON-EMPLOYEE
DIRECTOR, OTHERWISE DELETE: or] (ii) Stockholder ceases to be employed by[INSERT FOR GRANT
TO NON-EMPLOYEE DIRECTOR, OTHERWISE DELETE:, or to serve as a member of the Board of
Directors of,] the Company as a result of Stockholder’s Permanent Disability (as defined
below) or death, any unvested Shares shall become vested as of immediately prior to such
termination of employment[INSERT FOR GRANT TO NON-EMPLOYEE DIRECTOR, OTHERWISE DELETE: or
service as a member of the Company’s Board of Directors][DELETE FOR GRANT TO NON-EMPLOYEE
DIRECTOR:; or (iii) Stockholder’s employment is terminated by the Company other than for
Cause (as defined below), then the number of Shares that are vested at the close of business
on the date Stockholder ceases to be employed by the Company shall be calculated as if
Stockholder had been continuously employed by the Company for an additional three months].

[DELETE FOR GRANT TO NON-EMPLOYEE DIRECTOR: Vesting shall be tolled during any period
in which Stockholder is on an approved leave of absence from employment with the Company.]

(c) For purposes of this Agreement and unless otherwise defined in a Company plan
applicable to Stockholder or an agreement between the Stockholder and the Company, if any,
the following terms shall have the following meanings: (i) a “Change of Control” shall mean
(A) any merger, consolidation or business combination in which the stockholders of Alpha
immediately prior to the merger, consolidation or business combination do not own at least a
majority of the outstanding equity interests of the surviving parent entity, (B) the sale of
all or substantially all of Alpha’s assets in a single transaction or a series of
related transactions, (C) the acquisition of beneficial ownership or control of (including,
without limitation, power to vote) a majority of the outstanding Common Shares by any person
or entity (including a “group” as defined by or under Section 13(d)(3) of the Exchange Act),
(D) the stockholders of Alpha approve any plan for the dissolution or liquidation of Alpha,
or (E) a contested election of directors, as a result of which or in connection with which
the persons who were directors of Alpha before such election or their nominees cease to
constitute a majority of the Board; (ii) the term “Permanent Disability” shall mean
Stockholder’s physical or mental incapacity to perform his or her usual duties with such
condition likely to remain continuously and permanently as determined by the Company; and
(iii) the term “Cause” shall mean “Employer Cause” as set forth in any employment agreement
between the Stockholder and the Company or, in the absence of such an agreement, “Cause” as
defined by the Company’s employment policies in effect at the time of termination.

(d) The certificates representing unvested Shares will bear the following legend:

“The securities represented by this certificate are subject to forfeiture and
restrictions on transfer as set forth in the Restricted Stock Agreement (including
the 2005 Long Term Incentive Plan and the applicable Summary of Restricted Stock
Grant incorporated therein) between the issuer and the initial holder of these
 shares. A copy of any such documents may be obtained by the holder without charge
at the issuer’s principal place of business or upon written request.”

Section 3. Investment Representation. Stockholder hereby acknowledges that the Shares shall
not be sold, transferred, assigned, pledged or hypothecated in the absence of an effective
registration statement for the shares under the Securities Act of 1933, as amended (the “Securities
Act”), and applicable state securities laws or an applicable exemption from the registration
requirements of the Securities Act and any applicable state securities laws or as otherwise
provided herein or in the Plan. Stockholder also agrees that the Shares which Stockholder acquires
pursuant to this Agreement will not be sold or otherwise disposed of in any manner which would
constitute a violation of any applicable securities laws, whether federal or state.

Section 4.  Issuance and Delivery of Shares; Rights as a Stockholder.  The parties agree
that[DELETE FOR GRANT TO NON-EMPLOYEE DIRECTOR:, subject to satisfaction of the applicable tax
withholding requirements set forth in Section 5,] certificate(s) representing the Shares shall be
issued in the name of Stockholder and delivered, together with a blank, executed assignment
separate from certificate in the form of Exhibit A, to Alpha or its designated agent to be
held in escrow until the date all Shares have vested or been forfeited pursuant to Section 2 (the
“Escrow Period”). Stockholder agrees, promptly following acceptance of this Agreement, to contact
Alpha’s human resources department to obtain a blank assignment separate from certificate in the
form of Exhibit A, and to manually execute and deliver such certificate to Alpha’s human
resources department. Promptly following the end of the Escrow Period, Alpha or its designated
agent, as escrow agent, shall (a) deliver to Stockholder certificates representing vested
Shares[DELETE FOR GRANT TO NON-EMPLOYEE DIRECTOR:, provided, however, that Stockholder has complied
with any withholding tax requirements as set forth in Section 5], and (b) cancel any Shares that
have been forfeited by Stockholder pursuant to Section 2. Prior to the end of the Escrow Period,
if Stockholder wishes to transfer any Shares which have vested pursuant to Section 2, Alpha shall
take action reasonably requested by Stockholder to facilitate such transfer, including causing the
delivery of certificates representing such shares to be transferred. Alpha shall not issue stock
certificate(s) representing Shares if the Committee or Designated Administrator or other authorized
agent determines, in its or his sole discretion, that the issuance of such certificate(s) would
violate the terms of the Plan, this Agreement or applicable law. Except as otherwise provided in
the Plan, no person shall be, or have any of the rights or privileges of, a stockholder of Alpha
with respect to any of the Shares unless and until certificates representing such shares shall have
been issued in such person’s name.

Section 5.  Income Taxes.  [DELETE FOR GRANT TO NON-EMPLOYEE DIRECTOR: Stockholder
acknowledges that any income for federal, state or local income tax purposes that Stockholder is
required to recognize on account of the issuance of the Shares to Stockholder shall be subject to
withholding of tax by the Company. Stockholder agrees that the Company may either withhold an
appropriate amount from any compensation or any other payment of any kind then payable or that may
become payable to Stockholder, or require Stockholder to make a cash payment to the Company equal
to the amount of withholding required in the opinion of the Company. In the event Stockholder does
not make such payment when requested, the Company may refuse to issue or cause to be delivered any
shares under this Agreement or any other incentive plan agreement entered into by Stockholder and
the Company until such payment has been made or arrangements for such payment satisfactory to the
Company have been made.] Stockholder agrees further to notify the Company promptly if Stockholder
files an election pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended (the
“Code"), with respect to any Shares.

Section 6.  Rights as a Stockholder.   Neither the Plan nor this Agreement shall be deemed to
give Stockholder any right to continue to be employed by[INSERT FOR GRANT TO NON-EMPLOYEE DIRECTOR,
OTHERWISE DELETE:, or perform services for] the Company, nor shall the Plan or the Agreement be
deemed to limit in any way the Company’s right to terminate the employment of [INSERT FOR GRANT TO
NON-EMPLOYEE DIRECTOR, OTHERWISE DELETE: or performance of services by] the Stockholder at any
time.

Section 7.  Further Assistance. Stockholder will provide assistance reasonably requested by
the Company in connection with actions taken by Stockholder while employed by [INSERT FOR GRANT TO
NON-EMPLOYEE DIRECTOR, OTHERWISE DELETE:, or providing services as a director of,] the Company,
including but not limited to assistance in connection with any lawsuits or other claims against the
Company arising from events during the period in which Stockholder was employed by[INSERT FOR GRANT
TO NON-EMPLOYEE DIRECTOR, OTHERWISE DELETE:, or otherwise providing services as a director for,]
the Company.

Section 8.  Confidentiality.  Stockholder acknowledges that the business of the Company is
highly competitive and that the Company’s strategies, methods, books, records, and documents,
technical information concerning their products, equipment, services, and processes, procurement
procedures and pricing techniques, the names of and other information (such as credit and financial
data) concerning former, present or prospective customers and business affiliates, all comprise
confidential business information and trade secrets which are valuable, special, and unique assets
which the Company uses in their business to obtain a competitive advantage over competitors.
Stockholder further acknowledges that protection of such confidential business information and
trade secrets against unauthorized disclosure and use is of critical importance to the Company in
maintaining its competitive position. Stockholder acknowledges that by reason of Stockholder’s
duties to and association with the Company, Stockholder has had and will have access to and has and
will become informed of confidential business information which is a competitive asset of the
Company. Stockholder hereby agrees that Stockholder will not, at any time, make any unauthorized
disclosure of any confidential business information or trade secrets of the Company, or make any
use thereof, except in the carrying out of employment responsibilities[INSERT FOR GRANT TO
NON-EMPLOYEE DIRECTOR, OTHERWISE DELETE:, or responsibilities as a member of the Company’s Board of
Directors]. Stockholder shall take all necessary and appropriate steps to safeguard confidential
business information and protect it against disclosure, misappropriation, misuse, loss and theft.
Confidential business information shall not include information in the public domain (but only if
the same becomes part of the public domain through a means other than a disclosure prohibited
hereunder). The above notwithstanding, a disclosure shall not be unauthorized if (i) it is
required by law or by a court of competent jurisdiction or (ii) it is in connection with any
judicial, arbitration, dispute resolution or other legal proceeding in which Stockholder’s legal
rights and obligations as an employee [INSERT FOR GRANT TO NON-EMPLOYEE DIRECTOR, OTHERWISE
DELETE:, or director] or under this Agreement are at issue; provided, however, that Stockholder
shall, to the extent practicable and lawful in any such events, give prior notice to the Company of
Stockholder’s intent to disclose any such confidential business information in such context so as
to allow the Company an opportunity (which Stockholder will not oppose) to obtain such protective
orders or similar relief with respect thereto as may be deemed appropriate. Any information not
specifically related to the Company would not be considered confidential to the Company. In
addition to any other remedy available at law or in equity, in the event of any breach by
Stockholder of the provisions of this Section 8 which is not waived in writing by the Company, all
vesting of the Shares shall cease effective upon the occurrence of the actions or inactions by
Stockholder constituting a breach by Stockholder of the provisions of this Section 8.

Section 9.  Binding Effect; No Third Party Beneficiaries.  This Agreement shall be binding
upon and inure to the benefit of the Company and Stockholder and their respective heirs,
representatives, successors and permitted assigns. This Agreement shall not confer any rights or
remedies upon any person other than the Company and the Stockholder and their respective heirs,
representatives, successors and permitted assigns. The parties agree that this Agreement shall
survive the issuance of the Shares.

Section 10.  Agreement to Abide by Plan; Conflict between Plan and Agreement.  The Plan is
hereby incorporated by reference into this Agreement and the Plan and Summary of Restricted Stock
Grant are made a part hereof as though fully set forth in this Agreement. Stockholder, by
execution of this Agreement, (i) represents that he or she is familiar with the terms and
provisions of the Plan and the Summary of Restricted Stock Grant, and (ii) agrees to abide by all
of the terms and conditions of this Agreement, the Summary of Restricted Stock Grant and the Plan.
Stockholder accepts as binding, conclusive and final all decisions or interpretations of the
Designated Administrator of the Plan upon any question arising under the Plan, this Agreement
(including, without limitation, the date of any termination of Stockholder’s employment with
[INSERT FOR GRANT TO NON-EMPLOYEE DIRECTOR, OTHERWISE DELETE:, or term of service as a director
of,] the Company) and the Summary of Restricted Stock Grant. In the event of any conflict between
the Plan and this Agreement and/or the Summary of Restricted Stock Grant, the Plan shall control
and this Agreement and/or the Summary of Restricted Stock Grant shall be deemed to be modified
accordingly, except to the extent that the Plan gives the Designated Administrator the express
authority to vary the terms of the Plan by means of this Agreement and/or the Summary of Restricted
Stock Grant, in which case, this Agreement and/or the Summary of Restricted Stock Grant shall
govern.

Section 11.  Entire Agreement.  Except as otherwise provided herein, in any Company plan
applicable to the Stockholder, or in any other agreement between Stockholder and the Company, this
Agreement, the Plan and the Summary of Restricted Stock Grant, which Stockholder has reviewed and
accepted in connection with the grant of the Shares reflected by this Agreement, constitute the
entire agreement between the parties and supersede any prior understandings, agreements, or
representations by or between the parties, written or oral, to the extent they related in any way
to the subject matter of this Agreement.

Section 12.  Choice of Law.  To the extent not superseded by federal law, the laws of the
state of Delaware (without regard to the conflicts laws of Delaware) shall control in all matters
relating to this Agreement and any action relating to this Agreement must be brought in State and
Federal Courts located in the Commonwealth of Virginia.

Section 13.  Notice.  All notices, requests, demands, claims, and other communications under
this Agreement shall be in writing. Any notice, request, demand, claim, or other communication
under this Agreement shall be deemed duly given if (and then two business days after) it is sent by
registered or certified mail, return receipt requested, postage prepaid, and addressed to the
intended recipient at the address set forth in the Summary of Restricted Stock Grant. Either party
to this Agreement may send any notice, request, demand, claim, or other communication under this
Agreement to the intended recipient at such address using any other means (including personal
delivery, expedited courier, messenger service, telecopy, ordinary mail, or electronic mail), but
no such notice, request, demand, claim, or other communication shall be deemed to have been duly
given unless and until it actually is received by the intended recipient. Either party to this
Agreement may change the address to which notices, requests, demands, claims, and other
communications hereunder are to be delivered by giving the other party notice in the manner set
forth in this section.

Section 14.  Counterparts.  This Agreement may be executed in one or more counterparts, each
of which shall be deemed an original but all of which together shall constitute one and the same
instrument.

Section 15. Amendments. This Agreement may be amended or modified at any time by an
instrument in writing signed by the parties hereto, or as otherwise provided under the Plan.
Notwithstanding, Alpha may, in its sole discretion and without the Stockholder’s consent, modify or
amend the terms of this Agreement, impose conditions on the timing and effectiveness of the
issuance of the Shares, or take any other action it deems necessary or advisable, to cause this
Award to comply with Section 409A of the Code (or an exception thereto). Notwithstanding,
Stockholder recognizes and acknowledges that Section 409A of the Code may impose upon the
Stockholder certain taxes or interest charges for which the Stockholder is and shall remain solely
responsible.

Section 16. Acknowledgments.

(a) By accepting the Shares, the Stockholder acknowledges receipt of a copy of the
Plan, the Summary of Restricted Stock Grant, and the prospectus relating to the Shares, and
agrees to be bound by the terms and conditions set forth in the Plan, the Summary of
Restricted Stock Grant, and this Agreement, as in effect and/or amended from time to time.

(b)        The Plan and related documents, which may include but do not necessarily
include the Plan prospectus, this Agreement and financial reports of the Company, may be
delivered to you electronically.  Such means of delivery may include but do not necessarily
include the delivery of a link to a Company intranet site or the internet site of a third
party involved in administering the Plan, the delivery of the documents via e-mail or CD-ROM
or such other delivery determined at the Designated Administrator’s discretion. Both
Internet Email and the World Wide Web are required in order to access documents
electronically.

 

(c)          Stockholder acknowledges that, by receipt of this Award, Stockholder has
read this Section 16 and consents to the electronic delivery of the Plan and related
documents, as described in this Section 16.  Stockholder acknowledges that Stockholder may
receive from the Company a paper copy of any documents delivered electronically at no cost
if Stockholder contacts the Vice President of Human Resources of the Company by telephone at
(276) 619-4410 or by mail to One Alpha Place, P.O. Box 2345, Abingdon, VA 24212. 
Stockholder further acknowledges that Stockholder will be provided with a paper copy of any
documents delivered electronically if electronic delivery fails.EX-10.2

Exhibit 10.2

Alpha Natural Resources, Inc.

2005 Long-Term Incentive Plan

PERFORMANCE SHARE AWARD AGREEMENT

(For EMPLOYEES)

This Performance Share Award Agreement set forth below (this “Agreement”) is dated as of the
grant date (the “Grant Date”) set forth on the applicable Summary of Performance Share Grant and is
between Alpha Natural Resources, Inc., a Delaware corporation (“Alpha”), and the individual named
on the Summary of Performance Share Grant (the “Award Recipient”). The Award Recipient may view or
obtain a copy of the Award Recipient’s Summary of Performance Share Grant document by accessing
Smith Barney Benefit Access at www.benefitaccess.com.

Alpha has established its 2005 Long-Term Incentive Plan (the “Plan”) to advance the interests
of Alpha and its stockholders by providing incentives to certain eligible persons who contribute
significantly to the strategic and long-term performance objectives and growth of Alpha and any
parent, subsidiary or affiliate of Alpha. All capitalized terms not otherwise defined in this
Agreement have the same meaning given such capitalized terms in the Plan.

Pursuant to the provisions of the Plan, the Committee or its Designated Administrator has full
power and authority to direct the execution and delivery of this Agreement in the name and on
behalf of Alpha, and has authorized the execution and delivery of this Agreement.

Agreement

The parties agree as follows:

Section 1. Performance Share Award. Subject to and pursuant to all terms and conditions
stated in this Agreement and in the Plan, as of the Grant Date, Alpha hereby makes a Performance
Grant to Award Recipient in the form of performance shares (“Performance Shares”). Each
Performance Share awarded under this Agreement shall represent a right to receive one Share of
Alpha’s Common Stock, par value $0.01 per share (the “Common Stock”), to the extent such
Performance Share is earned pursuant to the terms of this Agreement. The shares of Common Stock to
be issued and delivered to Award Recipient, if any, pursuant to the Performance Shares awarded
under this Agreement, including shares of capital stock, if any, issued from time to time with
respect to such shares of Common Stock as a result of a stock dividend or stock split or in
connection with a combination of shares, recapitalization, merger, consolidation or other
reorganization are referred to in this Agreement as the “Share(s).”

Section 2. Performance Shares. The target number of Performance Shares covered by this
Agreement (the “Target Award”) is set forth on the Summary of Performance Share Grant. The maximum
number of Performance Shares that may be earned pursuant to this Agreement (the “Maximum Award”) is
set forth on the Summary of Performance Share Grant.

Section 3. Performance Period. The “Performance Period” means the performance period as set
forth on the Summary of Performance Share Grant.

Section 4.  Performance Measures. Subject to the provisions of this Agreement and the
Summary of Performance Share Grant, Alpha shall issue and deliver to the Award Recipient one (1)
Share for each whole Performance Share that is earned in accordance with the performance
schedule(s) set forth on the Summary of Performance Share Grant; provided, however, that the
Committee may reduce the number of Performance Shares earned under this Award, but in no event may
the Committee increase the number of Performance Shares earned under this Award beyond the
performance levels achieved.

 Section 5.  Delivery of Shares. Unless the Award Recipient has elected to defer
receipt of the Shares in accordance with Section 6, and except as otherwise provided in this
Agreement and subject to satisfaction of the applicable tax withholding requirements set forth in
Section 9, Alpha shall cause stock certificate(s) representing the number of Shares earned and
determined under Section 4 to be issued to the Award Recipient on the sixtieth (60th)
business day following the end of the Performance Period, or as soon as administratively feasible
thereafter (but in no event later than the 15th day of the third month following the
date on which such Shares are earned); provided, however, that: (i) no
certificate(s) for Shares shall be delivered with respect to Performance Shares until the Committee
has certified in writing that the applicable performance targets set forth on the Summary of
Performance Grant and other material terms of this Agreement have been achieved and (ii) Alpha
shall not deliver stock certificate(s) representing Shares if the Committee or Designated
Administrator or other authorized agent determines, in its or his sole discretion, that the
issuance of such certificate(s) would violate the terms of the Plan, this Agreement or applicable
law.

Section 6.  Deferral of Shares. The Award Recipient may elect in writing on or before the
date that is six (6) months prior to the end of the Performance Period, or such earlier date as may
be designated by Alpha (the “Latest Deferral Date”) in order to satisfy the deferral election
requirements of Section 409A of the Internal Revenue Code, as amended (the “Code”), to defer the
issuance and delivery of all or a part of the Shares earned, provided that in no event may an
election to defer performance-based compensation be made after such compensation has become both
substantially certain to be paid and readily ascertainable. Any such election shall: (1) specify
the date of issuance for the earned Shares, which shall not be earlier than the first anniversary
of the original payment date or such other minimum deferral period as may be designated by the
Company in order to satisfy the deferral election requirements of Section 409A of the Code; and
(2) comply with all other applicable deferral election requirements of Section 409A of the Code.

Section 7. Termination of Employment:

(a) Except as set forth in Section 7(b) or as otherwise provided in a Company plan applicable
to Award Recipient or an agreement between the Award Recipient and the Company, if any, if (i)
Award Recipient ceases to be employed by the Company for any reason prior to the end of the
Performance Period, or (ii) Award Recipient breaches the confidentiality covenant as described in
Section 12, then effective at the close of business on the date the Award Recipient ceases to be
employed by the Company, or the date the Award Recipient breaches the confidentiality covenant as
described in Section 12 hereof, as applicable, all of Award Recipient’s Performance Shares covered
by this Agreement, whether earned or unearned, shall be automatically cancelled and forfeited in
their entirety without any further obligation on the part of Alpha, such that Alpha shall not be
obligated to issue any Shares or any other compensation to Award Recipient with respect to such
cancelled and forfeited Performance Shares.

(b) Unless otherwise provided in a Company plan applicable to Award Recipient or an agreement
between the Award Recipient and the Company, if any, if during the Performance Period (i) a Change
of Control (as defined below) occurs, (ii) the Award Recipient ceases to be employed by the Company
as a result of Award Recipient’s Permanent Disability (as defined below) or death, (iii) the Award
Recipient’s employment is terminated by the Company other than for Cause (as defined below), or
(iv) the Award Recipient ceases to be employed by the Company as a result of Award Recipient’s
Retirement (as defined below), the Award Recipient shall be entitled to receive a prorated portion
of the Performance Shares to the extent earned pursuant to Section 4 above, determined at the end
of the Performance Period and based on the ratio of the number of complete months the Award
Recipient is employed or serves during the Performance Period to the total number of months in the
Performance Period. Any Shares to which Award Recipient becomes entitled to receive pursuant to the
preceding sentence will be issued and delivered to Award Recipient in accordance with the
provisions of Sections 5 and 6 of the Agreement; provided, that any payments due on
the Award Recipient’s death shall be paid to the Award Recipient’s estate.

(c) For purposes of this Agreement and unless otherwise defined in a Company plan applicable
to Award Recipient or an agreement between the Award Recipient and the Company, if any, the
following terms shall have the following meanings: (i) a “Change of Control” shall mean (A) any
merger, consolidation or business combination in which the stockholders of Alpha immediately prior
to the merger, consolidation or business combination do not own at least a majority of the
outstanding equity interests of the surviving parent entity, (B) the sale of all or substantially
all of Alpha’s assets in a single transaction or a series of related transactions, (C) the
acquisition of beneficial ownership or control of (including, without limitation, power to vote) a
majority of the outstanding Common Shares by any person or entity (including a “group” as defined
by or under Section 13(d)(3) of the Exchange Act), (D) the stockholders of Alpha approve any plan
for the dissolution or liquidation of Alpha, or (E) a contested election of directors, as a result
of which or in connection with which the persons who were directors of Alpha before such election
or their nominees cease to constitute a majority of the Board; (ii) the term “Permanent Disability”
shall mean Award Recipient’s physical or mental incapacity to perform his or her usual duties with
such condition likely to remain continuously and permanently as determined by the Company; (iii)
the term “Cause” shall mean “Employer Cause” as set forth in any employment agreement between the
Award Recipient and the Company or, in the absence of such an agreement, “Cause” as defined by the
Company’s employment policies in effect at the time of termination; and (iv) the term “Retirement”
shall mean Award Recipient’s retirement at Alpha’s normal retirement age, as prescribed
from time to time by Alpha’s employment or retirement policies then in effect, or retirement under
circumstances approved by the Committee (either before or after retirement).

Section 8. Limitation of Rights; Investment Representation. Except as otherwise provided in
the Plan or this Agreement, no holder of Performance Shares shall be, or have any of the rights or
privileges of, a stockholder of Alpha with respect to any Shares unless and until certificates
representing such Shares shall have been issued in such person’s name. Prior to actual receipt of
the Shares under this Award, Award Recipient may not transfer any interest in the Award or the
underlying Shares. Award Recipient acknowledges and agrees that the Shares which Award Recipient
acquires pursuant to this Agreement, if any, shall not be sold, transferred, assigned, pledged or
hypothecated in the absence of an effective registration statement for the Shares under the
Securities Act of 1933, as amended (the "Securities Act"), and applicable state
securities laws or an applicable exemption from the registration requirements of the Securities Act
and any applicable state securities laws, and shall not be sold or otherwise disposed of in any
manner which would constitute a violation of any applicable securities laws, whether federal or
state. Any attempt to transfer the Performance Shares or Shares in violation of this Section or
the Plan shall render this Award of Performance Shares null and void.

Section 9.  Income Taxes.  Award Recipient acknowledges that any income for federal, state or
local income tax purposes that Award Recipient is required to recognize on account of the issuance
and delivery of Shares to Award Recipient shall be subject to withholding of tax by the Company.
Award Recipient agrees that the Company may either withhold an appropriate amount from any
compensation or any other payment of any kind then payable or that may become payable to Award
Recipient, or require Award Recipient to make a cash payment to the Company equal to the amount of
withholding required in the opinion of the Company. In the event Award Recipient does not make
such payment when requested, the Company may refuse to issue or cause to be delivered any Shares
under this Agreement or any other incentive plan agreement entered into by Award Recipient and the
Company until such payment has been made or arrangements for such payment satisfactory to the
Company have been made.

Section 10.  Rights to Continued Employment.   Neither the Plan nor this Agreement shall be
deemed to give Award Recipient any right to continue to be employed by the Company, nor shall the
Plan or the Agreement be deemed to limit in any way the Company’s right to terminate the employment
of the Award Recipient at any time.

Section 11.  Further Assistance. Award Recipient will provide assistance reasonably requested
by the Company in connection with actions taken by Award Recipient while employed by the Company,
including, but not limited to, assistance in connection with any lawsuits or other claims against
the Company arising from events during the period in which Award Recipient was employed.

Section 12.  Confidentiality.  Award Recipient acknowledges that the business of the Company
is highly competitive and that the Company’s strategies, methods, books, records, and documents,
technical information concerning their products, equipment, services, and processes, procurement
procedures and pricing techniques, the names of and other information (such as credit and financial
data) concerning former, present or prospective customers and business affiliates, all comprise
confidential business information and trade secrets which are valuable, special, and unique assets
which the Company uses in their business to obtain a competitive advantage over competitors. Award
Recipient further acknowledges that protection of such confidential business information and trade
secrets against unauthorized disclosure and use is of critical importance to the Company in
maintaining its competitive position. Award Recipient acknowledges that by reason of Award
Recipient’s duties to and association with the Company, Award Recipient has had and will have
access to and has and will become informed of confidential business information which is a
competitive asset of the Company. Award Recipient hereby agrees that Award Recipient will not, at
any time during or after employment, make any unauthorized disclosure of any confidential business
information or trade secrets of the Company, or make any use thereof, except in the carrying out of
employment responsibilities. Award Recipient shall take all necessary and appropriate steps to
safeguard confidential business information and protect it against disclosure, misappropriation,
misuse, loss and theft. Confidential business information shall not include information in the
public domain (but only if the same becomes part of the public domain through a means other than a
disclosure prohibited hereunder). The above notwithstanding, a disclosure shall not be
unauthorized if (i) it is required by law or by a court of competent jurisdiction or (ii) it is in
connection with any judicial, arbitration, dispute resolution or other legal proceeding in which
Award Recipient’s legal rights and obligations as an employee or under this Agreement are at issue;
provided, however, that Award Recipient shall, to the extent practicable and lawful in any such
events, give prior notice to the Company of Award Recipient’s intent to disclose any such
confidential business information in such context so as to allow the Company an opportunity (which
Award Recipient will not oppose) to obtain such protective orders or similar relief with respect
thereto as may be deemed appropriate. Any information not specifically related to the Company would
not be considered confidential to the Company. In addition to any other remedy available at law or
in equity, in the event of any breach by Award Recipient of the provisions of this Section 12 which
is not waived in writing by the Company, all vesting of the Performance Shares shall cease
effective upon the occurrence of the actions or inactions by Award Recipient constituting a breach
by Award Recipient of the provisions of this Section 12.

Section 13.  Binding Effect; No Third Party Beneficiaries.  This Agreement shall be binding
upon and inure to the benefit of the Company and Award Recipient and their respective heirs,
representatives, successors and permitted assigns. This Agreement shall not confer any rights or
remedies upon any person other than the Company and the Award Recipient and their respective heirs,
representatives, successors and permitted assigns. The parties agree that this Agreement shall
survive the issuance of the Shares.

Section 14.  Agreement to Abide by Plan; Conflict between Plan and Agreement.  The Plan is
hereby incorporated by reference into this Agreement and the Plan and Summary of Performance Share
Grant are made a part hereof as though fully set forth in this Agreement. Award Recipient, by
execution of this Agreement, (i) represents that he or she is familiar with the terms and
provisions of the Plan and the Summary of Performance Share Grant, and (ii) agrees to abide by all
of the terms and conditions of this Agreement, the Summary of Performance Share Grant and the Plan.
Award Recipient accepts as binding, conclusive and final all decisions or interpretations of the
Designated Administrator of the Plan upon any question arising under the Plan, this Agreement
(including, without limitation, the date of any termination of Award Recipient’s employment with
the Company) and the Summary of Performance Share Grant. In the event of any conflict between the
Plan and this Agreement or the Summary of Performance Share Grant, the Plan shall control and this
Agreement and/or the Summary of Performance Share Grant shall be deemed to be modified accordingly,
except to the extent that the Plan gives the Designated Administrator the express authority to vary
the terms of the Plan by means of this Agreement or the Summary of Performance Share Grant, in
which case, this Agreement and/or the Summary of Performance Share Grant shall govern.

Section 15.  Entire Agreement.  Except as otherwise provided herein, in any Company plan
applicable to the Award Recipient, or in any other agreement between Award Recipient and the
Company, this Agreement, the Plan, and the Summary of Performance Share Grant which Award Recipient
has reviewed and accepted in connection with the grant of the Performance Shares reflected by this
Agreement, constitutes the entire agreement between the parties and supersedes any prior
understandings, agreements, or representations by or between the parties, written or oral, to the
extent they related in any way to the subject matter of this Agreement.

Section 16.  Choice of Law.  To the extent not superseded by federal law, the laws of the
state of Delaware (without regard to the conflicts laws of Delaware) shall control in all matters
relating to this Agreement and any action relating to this Agreement must be brought in State and
Federal Courts located in the Commonwealth of Virginia.

Section 17.  Notice.  All notices, requests, demands, claims, and other communications under
this Agreement shall be in writing. Any notice, request, demand, claim, or other communication
under this Agreement shall be deemed duly given if (and then two business days after) it is sent by
registered or certified mail, return receipt requested, postage prepaid, and addressed to the
intended recipient at the address set forth below the recipient’s signature to this Agreement.
Either party to this Agreement may send any notice, request, demand, claim, or other communication
under this Agreement to the intended recipient at such address using any other means (including
personal delivery, expedited courier, messenger service, telecopy, ordinary mail, or electronic
mail), but no such notice, request, demand, claim, or other communication shall be deemed to have
been duly given unless and until it actually is received by the intended recipient. Either party to
this Agreement may change the address to which notices, requests, demands, claims, and other
communications hereunder are to be delivered by giving the other party notice in the manner set
forth in this section.

Section 18.  Counterparts.  This Agreement may be executed in one or more counterparts, each
of which shall be deemed an original but all of which together shall constitute one and the same
instrument.

Section 19. Amendments. This Agreement may be amended or modified at any time by an
instrument in writing signed by the parties hereto, or as otherwise provided under the Plan.
Notwithstanding, Alpha may, in its sole discretion and without the Award Recipient’s consent,
modify or amend the terms of this Agreement, impose conditions on the timing and effectiveness of
the issuance of the Common Shares, or take any other action it deems necessary or advisable, to
cause this Award to comply with Section 409A of the Code (or an exception thereto). Award
Recipient recognizes and acknowledges that Section 409A of the Code may impose upon the Award
Recipient certain taxes or interest charges for which the Award Recipient is and shall remain
solely responsible.

Section 20. Acknowledgements.

(a) By accepting this Award of Performance Shares, the Award Recipient acknowledges receipt of
a copy of the Plan, the Summary of Performance Share Grant and the prospectus relating to this
Award of Performance Shares, and agrees to be bound by the terms and conditions set forth in this
Agreement, the Summary of Performance Share Grant and the Plan, as in effect and/or amended from
time to time.

(b)        The Plan and related documents, which may include but do not necessarily include
the Plan prospectus, this Agreement and financial reports of the Company, may be delivered to you
electronically.  Such means of delivery may include but do not necessarily include the delivery of
a link to a Company intranet site or the internet site of a third party involved in administering
the Plan, the delivery of the documents via e-mail or CD-ROM or such other delivery determined at
the Designated Administrator’s discretion. Both Internet Email and the World Wide Web are required
in order to access documents electronically.

 

(c)           Award Recipient acknowledges that, by receipt of this Award, Award Recipient has
read this Section 20 and consents to the electronic delivery of the Plan and related documents, as
described in this Section 20.  Award Recipient acknowledges that Award Recipient may receive from
the Company a paper copy of any documents delivered electronically at no cost if Award Recipient
contacts the Vice President of Human Resources of the Company by telephone at (276) 619-4410 or by
mail to One Alpha Place, P.O. Box 2345, Abingdon, VA 24212.  Award Recipient further acknowledges
that Award Recipient will be provided with a paper copy of any documents delivered electronically
if electronic delivery fails.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00099-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00099-of-00352.parquet"}]]