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Second Amendment to Massey Energy Company Stock Plan for Non-Employee Directors

 EXHIBIT 10.2 
 SECOND AMENDMENT TO 
 MASSEY ENERGY COMPANY 
 STOCK PLAN FOR NON-EMPLOYEE DIRECTORS 
 As Amended and Restated Effective May 24,
2005 
 1. The fourth sentence of Section 6.2 of the Plan is revised to read as follows: 
 If the outstanding shares of Stock of the Company are increased, decreased, or exchanged for a different number or kind of shares or other securities, or if additional shares or new or different shares or other
securities are distributed with respect to such shares of Stock or other securities, through merger, consolidation, sale of all or substantially all of the property of the Company, reorganization, recapitalization, reclassification, stock dividend,
stock split, reverse stock split or other distribution with respect to such shares of Stock or other securities, (i) the Committee shall make an appropriate and proportionate adjustment in the number of Restricted Units subject to outstanding
Restricted Stock Awards in such manner as the Committee shall determine in order to retain the economic value or opportunity provided immediately prior to the transaction for which the adjustment is made; provided, however that, notwithstanding
anything to contrary in the foregoing, any such adjustment shall be made in such a manner that will not affect the status of any Award intended to be excepted from treatment as nonqualified deferred compensation under Section 409A of the
Internal Revenue Code of 1986, as amended (the “Code”). 
 2. Section 9.1(a) of the Plan is revised to read
as follows: 
 (a) Subject to Section 9.1(b) below, if the outstanding shares of Stock of the Company are increased,
decreased, or exchanged for a different number or kind of shares or other securities, or if additional shares or new or different shares or other securities are distributed with respect to such shares of Stock or other securities, through merger,
consolidation, sale of all or substantially all of the property of the Company, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split or other distribution with respect to such shares of Stock or other
securities, then (i) the Committee shall make an appropriate and proportionate adjustment in the number and kind of shares or other securities subject to the outstanding Awards in such manner as the Committee shall determine in order to retain
the economic value or opportunity provided immediately prior to the transaction for which the adjustment is made and (ii) in all cases, unless the terms of such transaction shall provide otherwise, the Committee may make an appropriate and
proportionate adjustment in the maximum number and kind of shares provided in Section 2.4; provided, however that, notwithstanding anything to contrary in the foregoing, any such adjustment shall be made in such a manner that will not affect
the status of any Award intended to be excepted from treatment as nonqualified deferred compensation under Section 409A of the Code. 
 Approved 
 November 14, 2006Second Amendment to Massey Energy Company 1997 Restricted Stock Plan

 EXHIBIT 10.3 
 SECOND AMENDMENT TO 
 MASSEY ENERGY COMPANY 
 1997 RESTRICTED STOCK PLAN FOR NON-EMPLOYEE DIRECTORS 
 As Amended and Restated Effective
May 24, 2005 
 1. Section 8.1(a) of the Plan is revised to read as follows: 
 (a) Subject to Section 8.l(b) below, if the outstanding shares of Stock of the Company are increased, decreased, or exchanged for a different number
or kind of shares or other securities, or if additional shares or new or different shares or other securities are distributed with respect to such shares of Stock or other securities, through merger, consolidation, sale of all or substantially all
of the property of the Company, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split or other distribution with respect to such shares of Stock or other securities, then (i) the Committee shall
make an appropriate and proportionate adjustment in the number and kind of shares or other securities subject to the outstanding Awards in such manner as the Committee shall determine in order to retain the economic value or opportunity provided
immediately prior to the transaction for which the adjustment is made and (ii) in all cases, unless the terms of such transaction shall provide otherwise, the Committee may make an appropriate and proportionate adjustment in the maximum number
and kind of shares provided in Section 2.4. Notwithstanding anything to contrary in the foregoing, any such adjustment shall be made in such a manner that will not affect the status of any Award intended to be excepted from treatment as
nonqualified deferred compensation under Section 409A of the Internal Revenue Code of 1986, as amended. 
 Approved 
 November 14, 2006Amendment to Massey Energy Company 1996 Executive Stock Plan

 EXHIBIT 10.4 
 AMENDMENT TO 
 MASSEY ENERGY COMPANY 
 1996 EXECUTIVE STOCK PLAN 
 As Amended and Restated Effective November 30, 2000

 1. Section 10.1(a) of the Plan is revised to read as follows: 
  

	 	(a)	Subject to Section 10.l(b) below, if the outstanding shares of Stock of the Company are increased, decreased, or exchanged for a different number or kind of shares or other
securities, or if additional shares or new or different shares or other securities are distributed with respect to such shares of Stock or other securities, through merger, consolidation, sale of all or substantially all of the property of the
Company, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split or other distribution with respect to such shares of Stock or other securities, then (i) the Committee shall make an appropriate and
proportionate adjustment in the number and kind of shares or other securities subject to the outstanding Options and Awards and the price for each share or other unit of any other securities subject to outstanding Options without change in the
aggregate purchase price or value as to which such Options remain exercisable in such manner as the Committee shall determine in order to retain the economic value or opportunity provided immediately prior to the transaction for which the adjustment
is made and (ii) in all cases, unless the terms of such transaction shall provide otherwise, the Committee may make an appropriate and proportionate adjustment in the maximum number and kind of shares provided in Section 2.4.
Notwithstanding anything to contrary in the foregoing, any such adjustment shall be made in such a manner that will not affect the status of any Award intended to be excepted from treatment as nonqualified deferred compensation under
Section 409A of the Code or to qualify as an Incentive Stock Option under Section 422 of the Code. 

 Approved 
 November 14, 2006Second Amendment to Massey Energy Company 1999 Performance Incentive Plan

 EXHIBIT 10.5 
 SECOND AMENDMENT TO 
 MASSEY ENERGY COMPANY 
 1999 PERFORMANCE INCENTIVE PLAN 
 As Amended and Restated Effective November 30,
2000 
 1. Section 11 of the Plan is revised to read as follows: 
 SECTION 11 
 CHANGES IN CAPITAL STRUCTURE 
 If the outstanding securities of the class then subject to this Plan are increased, decreased or exchanged for or converted into cash, property or a
different number or kind of shares or securities, or if cash, property or shares or securities are distributed in respect of such outstanding securities, in either case as a result of a reorganization, merger, consolidation, recapitalization,
restructuring, reclassification, dividend (other than a regular, quarterly cash dividend) or other distribution, stock split, reverse stock split, spin-off or the like, or if substantially all of the property and assets of the Company are sold, then
(i) the Committee shall make appropriate and proportionate adjustments in the number and type of shares or other securities or cash or other property that may be acquired pursuant to Awards theretofore granted under this Plan and the exercise
or settlement price of such Awards in such manner as the Committee shall determine in order to retain the economic value or opportunity provided immediately prior to the transaction for which the adjustment is made and (ii) in all cases, unless
the terms of such transaction shall provide otherwise, the Committee may make appropriate and proportionate adjustments in the maximum number and type of shares or other securities that may be issued pursuant to such Awards thereafter granted under
this Plan. Notwithstanding anything to contrary in the foregoing, any such adjustment shall be made in such a manner that will not affect the status of any Award intended to be excepted from treatment as nonqualified deferred compensation under Code
Section 409A, to qualify as an ISO under Code Section 422 or to be “performance based compensation” under Code Section 162(m). No fractional interests will be issued under this Plan resulting from any such adjustments.

 Approved 
 November 14, 2006Form of stock option agreement

 EXHIBIT 10.6 
 MASSEY ENERGY COMPANY 
 Non-Qualified Stock Option Agreement 
 [Number] Non-Qualified Stock Options 
 THIS AGREEMENT
dated as of November 12, 2006, 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 from time to time (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 Non-Qualified Stock Options. Pursuant to the Plan, the Company, on
November 12, 2006 (the “Grant Date”), granted to Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, an award of
[            ] Non-Qualified Stock Options, hereinafter described as “Options” or “Option,” at the option price of
$             per share, being not less than the Fair Market Value of such shares on the Grant Date, or on the next preceding trading date if no Company shares traded on the New York
Stock Exchange on the Grant Date. This Option is exercisable as hereinafter provided. 
 2. Nontransferability. This Option may
not be transferred except by will or by the laws of descent and distribution. During Participant’s lifetime, this Option may be exercised only by Participant. 
 3. Expiration Date. This Option shall expire ten years from the Grant Date (the “Expiration Date”). 
 4. Exercisability. Subject to Paragraph 7 and except as provided in Paragraph 8 below, Participant’s interest in the Options shall become exercisable (“Vested”) with respect to
one-third of the Options on each of November 12, 2007, November 12, 2008, and November 12, 2009. Once this Option, or any portions thereof, has become exercisable in accordance with the preceding sentence it shall continue to be
exercisable until the termination of Participant’s rights hereunder pursuant to Paragraph 5, 6, 7, or 8 or until the Option has expired pursuant to Paragraph 3. A partial exercise of this Option shall not affect Participant’s
right to exercise this Option with respect to the remaining shares, subject to the conditions of the Plan and this Agreement. 
 5.
Death, Retirement or Disability. If Participant dies, Retires, or becomes permanently and totally disabled within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended (the “Code”)
(“Permanently and Totally Disabled”) while in the employ or service of the Company or a Subsidiary and prior to the forfeiture of the Options under Paragraph 7, Participant shall thereupon become entitled to exercise such Options in
full to the extent not vested or exercised as of the date of Participant’s death, Retirement or becoming Permanently and Totally Disabled, and all such Options shall be exercisable by Participant (or if Participant is deceased, his estate or
other successor in interest following Participant’s death) during the remainder of the period preceding the Expiration Date or until the date that is three years after the date of Participant’s death, Retirement or Total and Permanent
Disability, whichever is shorter. For purposes of this Agreement, “Retire” or “Retirement” means retiring from the employ of the Company on or after the attainment of age 55. 

 6. Exercise after Termination of Employment or Service. If Participant ceases to be
employed by or in the service of the Company and its Subsidiaries prior to the Expiration Date for reasons other than death, Retirement or Permanent and Total Disability, this Option shall be exercisable to the extent exercisable under
Paragraph 4, during the remainder of the period preceding the Expiration Date or until the date that is three months after the date Participant ceases to be employed by or in the service of the Company and its Subsidiaries for reasons other
than death, Retirement or Permanent and Total Disability, whichever is shorter. 
 7. Forfeiture. Subject to the preceding
Paragraph and Paragraph 8 below, all Options that are not then Vested shall be forfeited if Participant’s employment or service with the Company and its Subsidiaries terminates for any reason other than on account of
Participant’s death, Retirement, or Permanent and Total Disability. 
 8. Change in Control. Notwithstanding any other
provision of this Agreement, Participant’s unvested Options shall be Vested if Participant’s employment or service terminates within two years following a Change in Control. 
 9. 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:	 	
		
	By hand-delivery:	 	By mail:
	Massey Energy Company	 	Massey Energy Company
	Attention: Corporate Secretary	 	Attention: Corporate Secretary
	4 North Fourth Street	 	P.O. Box 26765
	Richmond, Virginia 23219	 	Richmond, Virginia 23261
		
	If to Participant:	 	
		
	[Name]	 	
	[Address]	 	
	[Address]	 	

 10. Confidentiality. Participant agrees that this Agreement and the receipt of
Options subject to this award are conditioned upon Participant not disclosing the terms of this Agreement or the receipt of the Options to anyone other than Participant’s spouse, confidential financial advisor, or senior management of the
Company prior to the date Participant is Vested in the Options. If Participant discloses such information to any person other than those named in the prior sentence, except as may be required by law, Participant agrees that this award will be
forfeited. 
  

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 11. Fractional Shares. Fractional shares shall not be issuable hereunder, and when any
provision hereof may entitle Participant to a fractional share such fraction shall be disregarded. 
 12. No Right to Continued
Employment or Service. This Agreement does not confer upon Participant any right to continue in the employ or service of the Company or a Subsidiary, nor shall it interfere in any way with the right of the Company or a Subsidiary to
terminate such employment or service at any time. 
 13. Change due to Capital Adjustments. The terms of this Award shall be
adjusted as the Committee determines and as provided in the Plan for events 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 or as duly amended. 
 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 which are incorporated by reference into this Agreement. 
 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. 
 18. Taxes. Participant shall make arrangements acceptable to the Company for
the satisfaction of income and employment tax withholding requirements attributable to the exercise of any Option. 
 19. Employment
and Service. In determining cessation of employment or service, transfers between the Company and/or any Subsidiary shall be disregarded, and changes in status between that of a Member, a Non-Employee Service Provider and a Non-Employee
Director shall be disregarded. 
 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
		
	By:	 	  

	[Authorized Officer]
	
	  

	[Participant]

  

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