This excerpt taken from the CHK 8-K filed Nov 15, 2005.
Securities Held by the Company. Whenever the consent or approval of Holders of a specified number of Transfer Restricted Securities is required hereunder, Securities held by the Company or its affiliates (other than subsequent Holders of Transfer Restricted Securities if such subsequent Holders are deemed to be affiliates solely by reason of their holdings of such Securities) shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage.
If the foregoing is in accordance with your understanding of our agreement, please sign and return to the Company a counterpart hereof, whereupon this instrument, along with all counterparts, will become a binding agreement among the several Initial Purchasers and the Company in accordance with its terms.
Very truly yours,
Chesapeake Energy Corporation
The foregoing Registration
Rights Agreement is hereby confirmed
and accepted as of the date first
DEUTSCHE BANK SECURITIES INC.
BANC OF AMERICA SECURITIES LLC
CREDIT SUISSE FIRST BOSTON LLC
LEHMAN BROTHERS INC.
UBS SECURITIES LLC
BEAR, STEARNS & CO. INC.
CITIGROUP GLOBAL MARKETS INC.
GOLDMAN, SACHS & CO.
MORGAN STANLEY & CO. INCORPORATED
RBC CAPITAL MARKETS CORPORATION
WACHOVIA CAPITAL MARKETS, LLC
GILFORD SECURITIES INCORPORATED
HARRIS NESBITT CORP.
HOWARD WEIL INCORPORATED
JOHNSON RICE & COMPANY L.L.C.
NATEXIS BLEICHROEDER INC.
PRITCHARD CAPITAL PARTNERS, LLC
SIMMONS & COMPANY INTERNATIONAL
WELLS FARGO SECURITIES, LLC