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Non-Employee Director Initial Restricted Stock Award Agreement

 Exhibit 10.2 
 MASSEY ENERGY COMPANY 
 2006 STOCK AND INCENTIVE COMPENSATION PLAN 
 (as amended and restated effective August 15, 2006) 
 Non-Employee Director Initial Restricted Stock Award Agreement 
              Shares of Restricted Stock 
 THIS AGREEMENT
dated as of the     day of                     ,         , between
MASSEY ENERGY COMPANY, a Delaware Corporation (the “Company”), and
                                (“Participant”) is made pursuant and
subject to the provisions of the Massey Energy Company 2006 Stock and Incentive Compensation Plan, as amended and restated effective August 15, 2006 (the “Plan”), a copy of which is attached. All terms used herein that are defined in
the Plan have the same meaning given them in the Plan. 
 1. Award of Restricted Stock. Pursuant to the Plan, the Committee
that administers the Plan granted to Participant effective the date upon which the Agreement becomes fully executed (the “Date of Grant”), subject to the terms and conditions of the Plan and subject further to the terms and conditions
herein set forth, an award of              shares of common stock of the Company, hereinafter described as “Restricted Stock.” 
 2. Restrictions. Except as provided in this Agreement, the shares of Restricted Stock are nontransferable and are subject to a substantial
risk of forfeiture. 
 3. Stock Power. With respect to shares of Restricted Stock forfeited under Paragraph 6, Participant does
hereby irrevocably constitute and appoint the Secretary and each Assistant Secretary of Massey Energy Company (the “Company”) as his attorney-in-fact to transfer the forfeited shares on the books of the Company with full power of
substitution in the premises. The Secretary and/or the Assistant Secretary shall use the authority granted in this Paragraph 3 to cancel any shares of Restricted Stock that are forfeited under Paragraph 6. 
 4. Vesting. Subject to Paragraph 6 and except as provided in Paragraphs 5 and 7 below, Participant’s interest in the shares of
Restricted Stock shall become transferable and nonforfeitable (“Vested”) with respect to one-fifth of the shares of Restricted Stock on March 14,          [the next
March 14th following date of grant], and with respect to any additional one-fifth of the shares of Restricted
Stock on each of March 14,         , March 14,         , March 14,         , and
March 14,          [each date one year after the other]. 
 5. Death or
Retirement. Paragraph 4 to the contrary notwithstanding, if Participant dies, attains the age for board retirement, as established in the Company’s bylaws then in effect, or retires early from the Board with approval of the Committee
while serving on the Board and prior to the forfeiture of the shares of Restricted Stock under Paragraph 6, all shares of Restricted Stock that are not then Vested shall become Vested as of the date of Participant’s death, attainment of the Age
of Board Retirement, or date of approved early retirement. 

 6. Forfeiture. All shares of Restricted Stock that are not then Vested shall be forfeited
if Participant’s service on the Board terminates for any reason other than on account of Participant’s death, attainment of the age for board retirement, as established in the Company’s bylaws then in effect, or approved early
retirement. 
 7. Change in Control. Notwithstanding any other provision of this Agreement, all shares of Restricted Stock not
previously forfeited shall become Vested upon a Change in Control in accordance with the Plan. 
 8. Voting Rights. During the
period of restriction, Participant shall be entitled to exercise voting rights with respect to the shares of Restricted Stock. 
 9.
Dividends and Other Distributions. During the period of restriction, Participant shall be entitled to receive all dividends and other distributions paid in cash or property other than Stock with respect to the shares of Restricted
Stock. If any dividends or distributions are paid in Stock, such Stock shall be subject to the same restrictions on transferability and the same rules for vesting, forfeiture and custody as the shares of Restricted Stock with respect to which they
were distributed. No fractional shares of Restricted Stock shall accrue under this Paragraph, and if Participant would otherwise be entitled to a fractional share under this Paragraph, such fractional share shall be disregarded and forfeited.

 9. Custody of Certificates. Custody of stock certificates evidencing the shares of Restricted Stock shall be retained by the
Company. The Company shall deliver to Participant the stock certificates evidencing the shares of Restricted Stock that Vest. 
 10.
Notice. Any notice or other communications given pursuant to this Agreement shall be in writing and shall be personally delivered or mailed by United States registered or certified mail, postage prepaid, return receipt requested, to
the following addresses: 
 If to the Company: 
 Massey Energy Company 
 4 North Fourth Street 
 Richmond, Virginia 23219 
 Attn: Corporate Secretary 
 If to Participant: 
  
 11.
Fractional Shares. A fractional share shall not Vest hereunder, and when any provision hereof may cause a fractional share to Vest, any Vesting in such fractional share shall be postponed until such fractional share and other
fractional shares equal a Vested whole share. 
  

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 12. No Right to Continued Service. This Agreement does not confer upon Participant any
right to continue to serve on the Board of Directors of the Company, nor shall it interfere in any way with the right of the Company to terminate such service at any time. 
 13. Change in Capital Structure. The terms of this Agreement shall be adjusted as the Committee determines is equitably required in the
event that (a) the Company (i) effects one or more stock dividends, stock split-ups, subdivisions or consolidations of shares or (ii) engages in a transaction to which Section 424 of the Code applies or (b) there occurs any
other event which, in the judgment of the Committee, necessitates such action. 
 14. Governing Law. This Agreement shall be
governed by the laws of the State of Delaware. 
 15. Conflicts. In the event of any conflict between the provisions of the
Plan as in effect on the date hereof and the provisions of this Agreement, the provisions of the Plan shall govern. All references herein to the Plan shall mean the Plan as in effect on the date hereof. 
 16. Participant Bound by Plan. Participant hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and
provisions thereof. 
 17. Binding Effect. Subject to the limitations stated above and in the Plan, this Agreement shall be
binding upon and inure to the benefit of the legatees, distributees, and personal representatives of Participant and the successors of the Company. 
 IN WITNESS WHEREOF, the Company has caused this Agreement to be signed by a duly authorized officer, and Participant has affixed his signature hereto. 
  

					
	MASSEY ENERGY COMPANY
			
	  
	 		 	Date:
                            
	[Authorized Officer]	 		 	
			
	  
	 		 	Date:
                            
	PARTICIPANT	 		 	

  

 -3-Non-Employee Director Initial Restricted Unit Award Agreement

 Exhibit 10.3 
 MASSEY ENERGY COMPANY 
 2006 STOCK AND INCENTIVE COMPENSATION PLAN 
 (as amended and restated effective August 15, 2006) 
 Non-Employee Director Initial Restricted Unit Award Agreement 
              Restricted Units 
 THIS AGREEMENT dated as
of the      day of                     ,         , between MASSEY
ENERGY COMPANY, a Delaware Corporation (the “Company”), and
                                 (“Participant”) is made pursuant and
subject to the provisions of the Massey Energy Company 2006 Stock and Incentive Compensation Plan, as amended and restated effective August 15, 2006 (the “Plan”), a copy of which is attached. All terms used herein that are defined in
the Plan have the same meaning given them in the Plan. 
 1. Award of Restricted Units. Pursuant to the Plan, the Committee
that administers the Plan granted to Participant effective the date upon which the Agreement becomes fully executed, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, an award of
             stock units, hereinafter described as “Restricted Units.” 
 2. Restrictions. Except as provided in this Agreement, the Restricted Units are nontransferable and are subject to a substantial risk of forfeiture. 
 3. Vesting. Subject to Paragraph 6 and except as provided in Paragraphs 5 and 7 below, Participant’s interest in the Restricted Units
shall become transferable and nonforfeitable (“Vested”) with respect to one-fifth of the Restricted Units on March 14,          [the next March 14th following the date of grant], and with respect to any additional one-fifth of the Restricted Units on each of March 14,
        , March 14,         , March 14,         , and March 14,
         [each date one year after the other]. 
 4. Death or Retirement.
Paragraph 4 to the contrary notwithstanding, if Participant dies, attains the age for board retirement, as established in the Company’s bylaws then in effect, or retires early from the Board of Directors with approval of the Committee,
while serving on the Board and prior to the forfeiture of the shares of Restricted Units under Paragraph 6, all shares of Restricted Units that are not then Vested shall become Vested as of the date of Participant’s death, attainment of the Age
of Board Retirement, or date of approved early retirement. 
 5. Forfeiture. All shares of Restricted Units that are not then
Vested shall be forfeited if Participant’s service on the Board terminates for any reason other than on account of Participant’s death, attainment of the age for board retirement, as established in the Company’s bylaws then in effect,
or approved early retirement. 

 6. Change in Control. Notwithstanding any other provision of this Agreement, all Restricted
Units not previously forfeited shall become Vested upon a Change in Control in accordance with the Plan. 
 7. Notice. Any
notice or other communications given pursuant to this Agreement shall be in writing and shall be personally delivered or mailed by United States registered or certified mail, postage prepaid, return receipt requested, to the following addresses:

 If to the Company: 
 Massey Energy Company 
 4 North Fourth Street 
 Richmond, Virginia 23219 
 Attn: Corporate Secretary 
 If to Participant: 
  
 8. No Right to Continued Service. This Agreement does not confer upon
Participant any right to continue to serve on the Board, nor shall it interfere in any way with the right of the Company to terminate such service at any time. 
 9. Change in Capital Structure. The terms of this Agreement shall be adjusted as the Committee determines is equitably required in the event that (a) the Company (i) effects one or more stock
dividends, stock split-ups, subdivisions or consolidations of shares or (ii) engages in a transaction to which Section 424 of the Code applies or (b) there occurs any other event which, in the judgment of the Committee, necessitates
such action. 
 10. Governing Law. This Agreement shall be governed by the laws of the State of Delaware. 
 11. Conflicts. In the event of any conflict between the provisions of the Plan as in effect on the date hereof and the provisions of this
Agreement, the provisions of the Plan shall govern. All references herein to the Plan shall mean the Plan as in effect on the date hereof. 
 12. Participant Bound by Plan. Participant hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 
 13. Binding Effect. Subject to the limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit
of the legatees, distributees, and personal representatives of Participant and the successors of the Company. 
  

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 IN WITNESS WHEREOF, the Company has caused this Agreement to be signed by a duly authorized officer, and
Participant has affixed his signature hereto. 
  

					
	MASSEY ENERGY COMPANY
			
	  
	 		 	Date:
                            
	[Authorized Officer]	 		 	
			
	  
	 		 	Date:
                            
	 PARTICIPANT
	 		 	

  

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