0001193125-08-043772 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT between [Executive] and CHESAPEAKE ENERGY CORPORATION Effective [-]
Employment Agreement • February 29th, 2008 • Chesapeake Energy Corp • Crude petroleum & natural gas • Oklahoma

THIS AGREEMENT is made effective [date], between CHESAPEAKE ENERGY CORPORATION, an Oklahoma corporation (the “Company”), and [Executive], an individual (the “Executive”).

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INDEMNITY AGREEMENT
Indemnity Agreement • February 29th, 2008 • Chesapeake Energy Corp • Crude petroleum & natural gas • Oklahoma

This Agreement is made and entered into by and between Chesapeake Energy Corporation, an Oklahoma corporation (hereinafter the “Company”) and [Officer] of the Company (hereinafter, together with her heirs, personal representatives, and estate, the “Indemnitee” or “claimant”).

LIMITED WAIVER AND CONSENT RECITALS:
Chesapeake Energy Corp • February 29th, 2008 • Crude petroleum & natural gas

Reference is made to that certain Seventh Amended and Restated Credit Agreement dated as of November 2, 2007 (the “Agreement”), among Chesapeake Energy Corporation (“CEC”), Chesapeake Exploration, L.L.C. (“Chesapeake Exploration”) and Chesapeake Appalachia, L.L.C. (“Chesapeake Appalachia”, and together with Chesapeake Exploration, collectively, “Borrowers”), Union Bank of California, N.A., as Administrative Agents (“Agent”), the other agents named therein and the Lenders from time to time parties thereto (“Lenders”). Terms used and not defined herein shall have the meanings given them in the Agreement.

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