Samson Resources Corporation Voluntary Severance Plan for Officers

Exhibit 10.3

Samson Resources Corporation Voluntary Severance Plan for Officers

Samson Resources Corporation (the “Company”) hereby adopts the Samson Resources Corporation Voluntary Severance Plan for Officers (the “Plan”), effective as of November 14, 2014 (the “Effective Date”). The Plan is intended to offer severance pay and other rights and benefits to eligible Officers of the Company as an incentive to remain employed by the Company or its successors or assigns through September 1, 2015 (the “Retention Date”). The Plan, as a “severance pay arrangement” within the meaning of Section 3(2)(B)(i) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), is intended to be and shall be administered and maintained as an unfunded welfare benefit plan under Section 3(1) of ERISA.

(i) A cash payment equal to two times (2x) the sum of the Participant’s Base Salary and Target Bonus (“Cash Payment”);

(ii) Provided that the Participant timely elects continuation coverage under COBRA, the Company shall reimburse the Participant for the full cost of COBRA premiums of such Participant’s group medical (including prescription), dental and vision coverage (including coverage for the Participant’s eligible dependents who were covered as of the Retention Date) at participation levels no less than those in effect on the Retention Date (except for changes in plan benefits affecting participants generally), commencing on the Retention Date and continuing for a period of twenty-four (24) months (“COBRA Premium Payments”); provided, however, that no such COBRA Premium Payments shall be made following an event which terminates the Participant’s continuation coverage under COBRA (other than termination due to the expiration of the statutorily required applicable COBRA coverage period), including but not limited to, the Participant’s coverage by a group health plan of a subsequent employer of the Participant. Each Participant shall be required to notify the Company immediately if the Participant becomes covered by a group health plan of a subsequent employer. COBRA Premium Payments made pursuant to this Section shall be paid monthly, in advance, on the first payroll date of each month, commencing with the Retention Date; provided, however, that any such payments otherwise payable to the Participant prior to the sixtieth (60^th) day following the Retention Date

shall not be paid on the otherwise scheduled payment date but shall instead accumulate and be paid on the first regularly scheduled Company payroll date occurring on or after the sixtieth (60^th) day following the Retention Date (the “First Payroll Date”); and

(iii) All restricted stock and stock options granted by the Company or one of its affiliates to the Participant under the Company’s 2011 Stock Incentive Plan, as it may be amended from time to time (the “2011 SIP”) and outstanding as of immediately prior to the Effective Date (collectively, “Outstanding Awards”) shall fully vest and, as applicable, become exercisable (and, for the avoidance of doubt, the Participant shall be entitled, in the Participant’s sole discretion, to satisfy in whole or in part any tax withholding requirements and other applicable deductions arising in connection with the vesting, settlement and/or exercise of such awards through the surrender to the Company of shares of Company common stock valued at the applicable Fair Market Value (as defined below or as defined in the 2011 SIP, as applicable), including, without limitation, shares obtained upon the exercise and/or settlement of Outstanding Awards). In lieu of the repurchase provisions provided for in Sections 4 and 5 of the Participant’s management stockholders agreement/s entered into by and between the Participant and the Company (the “MSA”), for a period of ninety (90) days commencing on September 2, 2015 (such period, the “Put/Call Period”) (i) the Participant may require the Company to purchase (“Put”) all, but not less than all, of the Participant’s Outstanding Awards, or (ii) the Company may require the Participant to sell (“Call”) all or any portion of any Outstanding Awards, in each case, at a price equal to Fair Market Value (less the exercise price in the case of stock options) on the repurchase date. For the avoidance of doubt, for purposes of this Section 2.1, the term Outstanding Awards shall include any and all securities acquired by the Participant upon the vesting, exercise and/or settlement of any Outstanding Award. For purposes of this Plan, the “Fair Market Value” of any shares of common stock of the Company shall mean the value of such shares as finally determined by one of Tudor, Pickering, Holt, & Co., Wells Fargo Advisors, RBC Bank, or Duff & Phelps Corporation, which shall be chosen by the Committee, in its sole discretion. For the avoidance of doubt, if the Put or Call are not exercised during the Put/Call Period, the otherwise applicable repurchase rights in the MSA shall apply and the “fair market value” shall be determined under the MSA.

Except as expressly provided herein with respect to the determination of Fair Market Value, the Put provided for hereunder shall be subject to the same terms and conditions as set forth in Sections 4(b) through (e) of the MSA and the Call provided for hereunder shall be subject to the same terms and conditions as set forth in Sections 5(e) through (h) of the MSA.

As a condition to receiving any payments or benefits under the Plan, a Participant must provide written notice to the Company no later than July 15, 2015 of his/her intention to voluntarily terminate his/her employment as of the Retention Date. For the avoidance of doubt, a Participant’s failure to provide timely, written notice in accordance with this Section 3 shall not impact the Participant’s rights under any other applicable plans and agreements.

Notices and all other communications provided for hereunder shall be in writing and shall be deemed to have been duly given as of the date of postmark when delivered or mailed by United States registered or certified mail, return receipt requested, postage prepaid, or by reputable overnight carrier addressed, if to the Participant, to the most recent address shown in the personnel records of the Company and, if to the Company, to the address set forth below, or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notice of change of address shall be effective only upon actual receipt:

To the Company:

Samson Resources Corporation

Two West Second Street

Tulsa, Oklahoma 74103

Attention: Corporate Secretary

In the event of a claim by a Person (the “Claimant”) as to the amount or timing of any payment, such Claimant shall present the reason for his/her claim in writing to the Committee. The Committee shall, within sixty (60) days after receipt of such written claim, send a written notification to the Claimant as to its disposition. In the event the claim is wholly or partially denied, such written notification shall (i) state the specific reason or reasons for the denial, (ii) make specific reference to pertinent Plan provisions on which the denial is based, (iii) provide a description of any additional material or information necessary for the Claimant to perfect the claim and an explanation of why such material or information is necessary, and (iv) advise the Claimant that he or she may (A) within sixty (60) days of the receipt of such notice, request in writing to appear before the Committee or its designated representative for a hearing to review such denial and (B) if the Claimant’s claims for benefits under the Plan is again denied after review by the Committee or its designated representative, bring a civil action under Section 502(a) of ERISA. Any such hearing shall be scheduled at the mutual convenience of the Committee or its designated representative and the Claimant and at such hearing the Claimant and/or his or her duly authorized representative may examine any relevant documents and present evidence and arguments to support the granting of the benefit being claimed. The final decision of the Committee with respect to the claim being reviewed shall be made within sixty (60) days following the hearing thereon, and the Committee shall in writing notify the Claimant of its final decision, again (i) specifying the reasons therefor, (ii) the pertinent Plan provisions upon which such decision is based and (iii) informing the Claimant that because the Claimant has exhausted his or her administrative appeal remedy, the Claimant may bring a civil action under Section 502(a) of ERISA. The Claimant shall have the right to be provided, on request and free of charge, reasonable access to and copies of all documents, records, and other information relevant to the claim for benefits. All documents, comments, records, and other information will be considered for review, regardless of whether such information was previously considered or not in the initial denial of a claim.

The Plan may be amended or terminated by the Committee at any time; provided, that any amendment or termination that materially reduces benefits, eliminates Participants or otherwise materially and adversely affects any Participant shall not be effective with respect to such Participant unless and until such Participant consents in writing.

Exhibit 1

FORM OF¹

WAIVER AND RELEASE OF CLAIMS

This Waiver and Release of Claims Agreement (this “Release”) is being entered into by and between [OFFICER NAME] (“Officer”) and Samson Resources Corporation (“Company”), subject to the terms and conditions set forth in this Release, for the purpose of complying with the release requirements contained in the Samson Resources Corporation Voluntary Severance Plan for Officers, effective as of November 1, 2014, as it may be amended from time to time (the “Plan”). As used in this Release, “Company” is defined as, shall mean and shall include (i) Samson Resources Corporation and any of its subsidiaries or affiliates, (ii) Samson Investment Company and any of its subsidiaries or affiliates (including, without limitation, Samson Resources Company, Samson Lone Star, LLC, Samson Offshore Company, Samson Contour Energy E&P, LLC and Samson Concorde Gas Intrastate, Inc.), and (iii) any buyer of such entities identified in (i) and (ii) above or any other successor to their business. Other than the terms defined above, all capitalized and italicized terms appearing herein have the meaning set forth in the Plan.

Officer and Company acknowledge that a Qualifying Termination has occurred pursuant to the terms of the Plan as of [DATE OF TERMINATION] and in connection with such event, Officer is entitled to receive the payments and benefits provided for under Section 2 of the Plan, subject to Officer’s execution (without revocation by Officer) of this Release and such other obligations of Officer as set forth in the Plan required to receive the payments and benefits provided hereunder.

Officer agrees that this Release constitutes a full and final release by Officer and Officer’s descendants, dependents, heirs, executors, administrators, assigns, and successors, of any and all claims, charges, and complaints, whether known or unknown, that Officer has or may have to date against Company and any of its parents, subsidiaries or affiliated entities, or the agents, plans or programs administering Company’s benefits, and their respective officers, directors, managers, members, shareholders, Officers, predecessors, successors, and assigns, arising out of or related to Officer’s employment and/or the termination thereof, any agreements between Officer and Company, or otherwise based upon acts, events or other sets of fact that occurred on or before the date on which Officer signs this Release. To the fullest extent allowed by law, Officer hereby waives and releases any and all such claims, charges, and complaints in return for the Severance Payments as set forth in the Plan. This Release is intended to be as broad as the law allows, and includes, but is not limited to, rights arising out of alleged violations of any contracts, express or implied, any covenant of good faith or fair dealing, express or implied, any tort or common law claims, any legal restrictions on Company’s right to terminate Officers and any claims under any federal, state, municipal, local or other governmental statute, regulation, or ordinance, including, without limitation:

This Release was provided to Officer for consideration on [insert date].

OFFICER IS HEREBY ENCOURAGED AND ADVISED TO CONFER WITH AN ATTORNEY REGARDING THIS RELEASE. BY SIGNING THIS RELEASE, OFFICER ACKNOWLEDGES THAT OFFICER HAS CONSULTED, OR HAD SUFFICIENT OPPORTUNITY TO CONSULT WITH, AN ATTORNEY OR A REPRESENTATIVE OF OFFICER’S CHOOSING, IF ANY, AND THAT OFFICER IS NOT RELYING ON ANY ADVICE FROM COMPANY, ITS AGENTS OR ATTORNEYS IN EXECUTING THIS RELEASE.

PLEASE READ THIS RELEASE CAREFULLY; IT CONTAINS A RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS.

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Officer certifies that he/she has read this Release and fully and completely understands and comprehends its meaning, purpose, and effect. Officer further states and confirms that Officer has signed this Release knowingly and voluntarily and of Officer’s own free will, and not as a result of any threat, intimidation or coercion on the part of Company or its representatives or agents.