Vest Type
Exhibit 10.1.15
Chesapeake Energy Corporation
| ¨ Notice of Grant of Stock | ||||
| ID: 73-1395733 | ||||
| Options and Option Agreement | ||||
| 6100 N. Western Avenue | ||||
| Oklahoma City, OK 73118 | ||||
| <Name> | Option Number: | ___________ | ||
| <Address> | Plan: | ___________ | ||
| <Address> | ID: | ___________ | ||
Effective <date>, you have been granted a(n) Incentive Stock Option <Nonqualified Stock Option> to buy shares of Chesapeake Energy Corporation (the Company) stock at $ per share.
The total option price of the shares granted is $ .
Shares in each period will become fully vested on the date shown. [four equal annual installments]
| Shares | Vest Type | Full Vest | Expiration | |||
| _______ | On Vest Date | mm/dd/yyyy | <10 years from grant date> | |||
| _______ | On Vest Date | mm/dd/yyyy | <10 years from grant date> | |||
| _______ | On Vest Date | mm/dd/yyyy | <10 years from grant date> | |||
| _______ | On Vest Date | mm/dd/yyyy | <10 years from grant date> |
By your signature and the Company’s signature below, you and the Company agree that these options are granted under and governed by the terms and conditions of the Company’s Stock Option Plan as amended and the Option Agreement, all of which are attached and made a part of this document.
| Chesapeake Energy Corporation | Date | |
| <NAME> | Date | |
