0001193125-07-108933 Sample Contracts

PETROHAWK ENERGY CORPORATION STOCK APPRECIATION RIGHTS AGREEMENT ANNUAL VESTING AWARDS KCS ENERGY, INC. 2005 EMPLOYEE AND DIRECTORS STOCK PLAN
Stock Appreciation Rights Agreement • May 10th, 2007 • Petrohawk Energy Corp • Crude petroleum & natural gas

A total of Stock Appreciation Rights (individually, and collectively, “SAR(s)”) are hereby granted to (the “Employee”) on (“Date of Grant”) at the Grant Value determined in this Stock Appreciation Rights Agreement (this “SAR Agreement”), and in all respects subject to the terms, definitions and provisions, of the KCS Energy, Inc. 2005 Employee and Directors Plan (the “Plan”), which Plan was assumed by Petrohawk Energy Corporation (the “Company”) upon KCS Energy, Inc.’s merger with and into the Company and is incorporated herein by reference except to the extent otherwise expressly provided in this SAR Agreement. Capitalized terms used in this SAR Agreement which are not otherwise defined herein shall have the meanings assigned such terms in the Plan.

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PETROHAWK ENERGY CORPORATION RESTRICTED STOCK AWARD AGREEMENT PURSUANT TO THE KCS ENERGY, INC. 2005 EMPLOYEE AND DIRECTORS STOCK PLAN
Restricted Stock Award Agreement • May 10th, 2007 • Petrohawk Energy Corp • Crude petroleum & natural gas • Delaware

This Restricted Stock Award Agreement (this “Agreement”), is made and entered into on the execution date of the Stock Award Certificate to which it is attached (the “Certificate”), by and between Petrohawk Energy Corporation, a Delaware corporation (the “Company”), and the Director, Employee or Consultant (“Grantee”) named in the Certificate.

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