0000895126-06-000039 Sample Contracts

EMPLOYMENT AGREEMENT between STEVEN C. DIXON and CHESAPEAKE ENERGY CORPORATION Effective July 1, 2003 EMPLOYMENT AGREEMENT
Employment Agreement • February 15th, 2006 • Chesapeake Energy Corp • Crude petroleum & natural gas • Oklahoma

THIS AGREEMENT is made effective July 1, 2003, between CHESAPEAKE ENERGY CORPORATION, an Oklahoma corporation (the “Company”), and STEVEN C. DIXON, an individual (the “Executive”).

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Re: Resignation Agreement
Employment Agreement • February 15th, 2006 • Chesapeake Energy Corp • Crude petroleum & natural gas • Oklahoma

The purpose of this letter is to memorialize the agreement between you and Chesapeake Energy Corporation, an Oklahoma corporation (“Chesapeake Energy”), regarding your resignation from Chesapeake Energy and all affiliated entities (collectively “Chesapeake”). We have agreed that the terms of such separation are as follows:

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