0001193125-04-191035 Sample Contracts

NONQUALIFIED STOCK OPTION AGREEMENT UNDER CHESAPEAKE ENERGY CORPORATION
Nonqualified Stock Option Agreement • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS NONQUALIFIED STOCK OPTION AGREEMENT (the “Option Agreement”), made as of the grant date set forth on the Notice of Grant of Stock Options and Option Agreement attached to this Option Agreement (the “Notice”) at Oklahoma City, Oklahoma by and between the participant named on the Notice (the “Participant”) and Chesapeake Energy Corporation (the “Company”):

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9% SENIOR NOTES DUE 2012
Sixth Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS SIXTH SUPPLEMENTAL INDENTURE, dated as of September 27, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

SECOND SUPPLEMENTAL INDENTURE DATED AS OF SEPTEMBER 27, 2004
Second Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS SECOND SUPPLEMENTAL INDENTURE, dated as of September 27, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

INCENTIVE STOCK OPTION AGREEMENT UNDER CHESAPEAKE ENERGY CORPORATION
Incentive Stock Option Agreement • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS STOCK OPTION AGREEMENT (the “Option Agreement”), made as of the grant date set forth on the Notice of Grant of Stock Options and Option Agreement attached to this Option Agreement (the “Notice”) at Oklahoma City, Oklahoma by and between the participant named on the Notice (the “Participant”) and Chesapeake Energy Corporation (the “Company”):

9% SENIOR NOTES DUE 2012 FIFTH SUPPLEMENTAL INDENTURE DATED AS OF AUGUST 30, 2004
Fifth Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS FIFTH SUPPLEMENTAL INDENTURE, dated as of August 30, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

FOURTH SUPPLEMENTAL INDENTURE DATED AS OF AUGUST 30, 2004
Fourth Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS FOURTH SUPPLEMENTAL INDENTURE, dated as of August 30, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

RESTRICTED STOCK AWARD AGREEMENT FOR CHESAPEAKE ENERGY CORPORATION
Restricted Stock Award Agreement • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas • Oklahoma

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) entered into as of the grant date set forth on the attached Notice of Grant of Award and Award Agreement (the “Notice”), by and between Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), and the participant named on the Notice (the “Participant”);

ELEVENTH SUPPLEMENTAL INDENTURE DATED AS OF AUGUST 30, 2004
Eleventh Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS ELEVENTH SUPPLEMENTAL INDENTURE, dated as of August 30, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as successor to United States Trust Company of New York, as Trustee.

SECOND SUPPLEMENTAL INDENTURE DATED AS OF AUGUST 30, 2004
Second Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS SECOND SUPPLEMENTAL INDENTURE, dated as of August 30, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

TWELFTH SUPPLEMENTAL INDENTURE DATED AS OF SEPTEMBER 27, 2004
Twelfth Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS TWELFTH SUPPLEMENTAL INDENTURE, dated as of September 27, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as successor to United States Trust Company of New York, as Trustee.

NONQUALIFIED STOCK OPTION AGREEMENT UNDER CHESAPEAKE ENERGY CORPORATION
Nonqualified Stock Option Agreement • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS STOCK OPTION AGREEMENT (the “Option Agreement”), made as of the grant date set forth on the Notice of Grant of Stock Options and Option Agreement attached to this Option Agreement (the “Notice”) at Oklahoma City, Oklahoma by and between the participant named on the Notice (the “Participant”) and Chesapeake Energy Corporation (the “Company”):

FIFTH SUPPLEMENTAL INDENTURE DATED AS OF SEPTEMBER 27, 2004
Fifth Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS FIFTH SUPPLEMENTAL INDENTURE, dated as of September 27, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

FIRST SUPPLEMENTAL INDENTURE DATED AS OF AUGUST 30, 2004
First Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS FIRST SUPPLEMENTAL INDENTURE, dated as of August 30, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

EIGHTH SUPPLEMENTAL INDENTURE DATED AS OF AUGUST 30, 2004
Eighth Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS EIGHTH SUPPLEMENTAL INDENTURE, dated as of August 30, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

INCENTIVE STOCK OPTION AGREEMENT UNDER CHESAPEAKE ENERGY CORPORATION
Incentive Stock Option Agreement • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS INCENTIVE STOCK OPTION AGREEMENT (the “Option Agreement”), made as of the grant date set forth on the cover page of this Option Agreement (the “Cover Page”) at Oklahoma City, Oklahoma by and between the participant named on the Cover Page (the “Participant”) and CHESAPEAKE ENERGY CORPORATION (the “Company”):

FIRST SUPPLEMENTAL INDENTURE DATED AS OF AUGUST 30, 2004
First Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS FIRST SUPPLEMENTAL INDENTURE, dated as of August 30, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

NINTH SUPPLEMENTAL INDENTURE DATED AS OF SEPTEMBER 27, 2004
Ninth Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS NINTH SUPPLEMENTAL INDENTURE, dated as of September 27, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

NONQUALIFIED STOCK OPTION AGREEMENT UNDER CHESAPEAKE ENERGY CORPORATION
Nonqualified Stock Option Agreement • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS NONQUALIFIED STOCK OPTION AGREEMENT (the “Option Agreement”), made as of the grant date set forth on the cover page of this Option Agreement (the “Cover Page”) at Oklahoma City, Oklahoma by and between the participant named on the Cover Page (the “Participant”) and CHESAPEAKE ENERGY CORPORATION (the “Company”):

THIRD SUPPLEMENTAL INDENTURE DATED AS OF September 27, 2004
Third Supplemental Indenture • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS THIRD SUPPLEMENTAL INDENTURE, dated as of September 27, 2004, is among Chesapeake Energy Corporation, an Oklahoma corporation (the “Company”), each of the parties identified under the caption “Subsidiary Guarantors” on the signature page hereto (the “Subsidiary Guarantors”) and The Bank of New York, as Trustee.

STOCK OPTION AGREEMENT UNDER CHESAPEAKE ENERGY CORPORATION
Stock Option Agreement • November 9th, 2004 • Chesapeake Energy Corp • Crude petroleum & natural gas

THIS STOCK OPTION AGREEMENT (the “Option Agreement”), made as of the grant date set forth on the Notice of Grant of Stock Options and Option Agreement attached to this Option Agreement (the “Notice”) at Oklahoma City, Oklahoma by and between the participant named on the Notice (the “Participant”) and Chesapeake Energy Corporation (the “Company”):

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