ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • December 11th, 2020 • Chesapeake Granite Wash Trust • Crude petroleum & natural gas • Oklahoma
This ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Assignment”), entered into this 11th day of December, 2020 (the “Execution Date”), but effective for all purposes as of 7:00 a.m. (Central Time) on November 1, 2020, is from Chesapeake Energy Corporation, an Oklahoma corporation (“CHK”), Chesapeake Exploration, L.L.C., an Oklahoma limited liability company(“CELLC”) and Chesapeake E&P Holding, L.L.C., an Oklahoma limited liability company (“CHK E&P,” and together with CHK and CELLC “Assignors”), to Tapstone Energy, LLC, a Delaware limited liability company (“Assignee”). Assignors and Assignee may be referred to individually as a “Party” and collectively as the “Parties”.
