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Chesapeake-CS070426 I Chesaneake rENERGY Stacy L. Roberts Risk Manager April 26,2007 City of Cappel! Attn: Ken Griffin 255 Parkway Blvd. PO Box 9478 Cappell, TX 75019 RE: Chesapeake Operating, Inc. Road Use Bond Dear Ken: Attached you will find a Road Use Bond issued to the City of Coppell, TX in the amount of $50,000 on behalf of Chesapeake Operating, Inc. Please let me know if you have any questions. Sincerely, 11 y))ft-Lc>~ ILl7! ~J-L~ Stacy Roberts Attachment Chesapeake Energy Corporation P.O. Box 18496. Oklahoma City, OK 73154-0496. 6100 N. Western Avenue. Oklahoma City, OK 73118 405.879.1472. fax 405.879.9576. sroberts@chkenetgy.com Bond No. RLBOO10324 CITY OF COPPELL, TEXAS ROAD USE BOND KNOW ALL MEN BY THESE PRESENTS, that we Chesapeake Operating, Inc., as Principal, and RLI Insurance Company, as Surety, are held and firmly bound unto the City of Coppell, Texas, in the sum Fifty Thousand and Noll 00 Dollars ($50,000.00) to be paid to the City of Coppell, Texas, the payment of which we bind ourselves, our heirs, executors, and administrators, firmly by these presents. DATED this 25th day of April ,20 07. The condition of this obligation is such that the above principal is hereby bound unto the City of Coppell for the sum of Fifty Thousand and Noll 00 Dollars ($50,000.00) for any damage done to City property as a result of use of various roads in the City of Coppell. NOW, THEREFORE, Chesapeake Operating, Inc. will pay all costs and damages that may be incurred or suffered by the City of Coppell as a result of the use of roads by principal, his employees, agents and assigns as allowed under the Road Repair Agreement between the City of Coppell, Texas and Chesapeake Operating, Inc. \\\\\1111111'", ~"'\~_Ilo..~e Op 1111111 ~:.J'v;.....""..., ~~~/... ~O:J'f".""'CpRPol;,'~',::,?-.~ j!/Jl IA;{~\ ~~ ::ij I S ~\ (i)~ Chesapeake Operating, Incll_~'EA.L ).~; PnncIpal '\ ~t.tQ~"""" f """" "", """IU"II \\\' Insurance Company Surety ~ . li1- By .~~ Greg E. ChI on, AttorneY-Ill-Fact RLI' RLI Surety I A Division of RLI Insurance Company RLBOOI0324 9025 North Lindbergh Dr. . Peoria, IL 61615 (309) 692-1000 or (800) 645-2402 POWER OF ATTORNEY RLI Insurance Company Know All Men hy These Presents: That the RLI INSURANCE COMPANY, a corporation organized and existing undeT the laws of the State of Illinois, and authorized and licensed to do business in all states and the District of Columbia does hereby make, constitute and appoint: GREG E. CHILSON in the City of HOUSTON, State of TEXAS , as Attorney-in-Fact, with full power and authority heTeby conferred upon him to sign, execute, acknowledge and deliver for and on its behalf as Surety and as its act and deed, all of the following classes of documents to-wit: $50,000.00 Indemnity, Surety and Undertakings that may be desiTed by contract, or may be given in any action or proceeding in any court of law or equity; policies indemnifying employers against Joss or damage caused by the misconduct of their employees; official, bail and surety and fidelity bonds. Indemnity in all cases where indemnity may be lawfully given; and with full power and authority to execute consents and waivers to modify or change or extend any bond or document executed for this Company, and to compromise and settle any and all claims or demands made or existing against said Company. The RLI INSURANCE COMPANY further certifies that the following is a true and exact copy of a Resolution adopted by the Board of Directors of RLI Insurance Company, and now in force to-wit: "All bonds, policies, undertakings, Powers of Attorney, OT other obligations of the corporation shall be executed in the cOTporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys-in-Fact or Agents who shall have authority to issue bonds, policies, or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney, or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." (Blue shaded areas above indicate authenticity) IN WITNESS WHEREOF, the RLllnsurance Company has caused these presents to be executed by its ~__eR&SJltJ;;,NT____with its corporate seal affixed this ATTEST: -fj ~"''"~ \\\\\\\111111/111/1 ",~\~p...N C E C /1/// " C::JV . . . . 01;// ;:>"-~ ,,'o'~POR~'i', :-O/"''''~ .::-" . (; ~ '.~-::. '::---..J' . v-::' ;:0::: . -<-::: - SEAL By:= '" "- ....../ " "''''///// /1.. 'L' 'I'N' '0' \ S \""" III \ \ \ //1/1111111\\\\ On this 25 day of Apr. 2007 before me, a Notary Public, personally appeared Michael J. Stone and Jean M. Stephenson, who being by me duly sworn, acknowledged that they signed the above Power of Attorney as President and Corporate Secrdary, respectively, of the said RLI INSURANCE COMPANY, and acknowledged said instrument to be the voluntary act and deed of said corporation. State of Illinois ss County of Peoria N~ rlHj~ . -OFFICIAL SEAL- NUC CHERIE l MONTGOMERY -" ... CQ\I'.^'11111ON EXNES f1l/C1JIOt SPA026 (11/05)