MASTER SEPARATION AGREEMENT between CHESAPEAKE ENERGY CORPORATION, and CHESAPEAKE OILFIELD OPERATING, L.L.C. dated as of June 25, 2014Master Separation Agreement • July 1st, 2014 • Seventy Seven Energy Inc. • Oil & gas field services, nec • Oklahoma
Contract Type FiledJuly 1st, 2014 Company Industry JurisdictionThis MASTER SEPARATION AGREEMENT (this “Agreement”) is entered into as of June 25, 2014, between Chesapeake Energy Corporation, an Oklahoma corporation (“CHK”), and Chesapeake Oilfield Operating, L.L.C., an Oklahoma corporation (“COO”), which in connection with the spin-off will be converted into Seventy Seven Energy Inc., an Oklahoma corporation (“SSE”). CHK and SSE are sometimes referred to herein individually as a “Party,” and collectively as the “Parties.” References to SSE are deemed to include, for all periods prior to the SSE Conversion (defined below), COO. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in Article I hereof.
FORM OF MASTER SEPARATION AGREEMENT between CHESAPEAKE ENERGY CORPORATION, and CHESAPEAKE OILFIELD OPERATING, L.L.C. dated as of June [ ], 2014Master Separation Agreement • June 13th, 2014 • Chesapeake Oilfield Operating LLC • Oil & gas field services, nec • Oklahoma
Contract Type FiledJune 13th, 2014 Company Industry JurisdictionThis MASTER SEPARATION AGREEMENT (this “Agreement”) is entered into as of June [ ], 2014, between Chesapeake Energy Corporation, an Oklahoma corporation (“CHK”), and Chesapeake Oilfield Operating, L.L.C., an Oklahoma corporation (“COO”), which in connection with the spin-off will be converted into Seventy Seven Energy Inc., an Oklahoma corporation (“SSE”). CHK and SSE are sometimes referred to herein individually as a “Party,” and collectively as the “Parties.” References to SSE are deemed to include, for all periods prior to the SSE Conversion (defined below), COO. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in Article I hereof.