0000950123-10-016425 Sample Contracts

Contract
Non-Qualified Stock Option Agreement • February 24th, 2010 • Peabody Energy Corp • Bituminous coal & lignite surface mining

This 2009 Amendment (the “Amendment”) is entered into effective December 31, 2009, and amends the Non-Qualified Stock Option Agreement dated January 5, 2009 (the “Grant Agreement”) between Peabody Energy Corporation (the “Company”) and Gregory H. Boyce (the “Optionee”).

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Contract
Stock Grant Agreement • February 24th, 2010 • Peabody Energy Corp • Bituminous coal & lignite surface mining

This 2009 Amendment (the “Amendment”) is entered into effective December 31, 2009, and amends the Stock Grant Agreement dated as of October 1, 2003 (the “Grant Agreement”) between Peabody Energy Corporation (the “Company”) and Gregory H. Boyce (the “Grantee”).

Contract
2009 Performance Units Agreement • February 24th, 2010 • Peabody Energy Corp • Bituminous coal & lignite surface mining

This 2009 Amendment (the “Amendment”) is entered into effective December 31, 2009, and amends the Performance Units Agreement dated January 5, 2009 (the “Grant Agreement”) between Peabody Energy Corporation (the “Company”) and Gregory H. Boyce (the “Grantee”).

Contract
Performance Units Agreement • February 24th, 2010 • Peabody Energy Corp • Bituminous coal & lignite surface mining

This 2009 Amendment (the “Amendment”) is entered into effective December 31, 2009, and amends the Performance Units Agreement dated January 2, 2008 (the “Grant Agreement”) between Peabody Energy Corporation (the “Company”) and Gregory H. Boyce (the “Grantee”).

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