Document:

EX-10.41

 Exhibit 10.41 
 AMENDMENT TO OPTION AWARD AGREEMENTS 
 THIS AMENDMENT TO OPTION AWARD
AGREEMENTS (“Amendment”) is entered into as of March 24, 2014 (the “Effective Date”) by and between Samson Resources Corporation (the “Company”), and
                             (the “Grantee”). 

WHEREAS, the Company and the Grantee have previously entered into certain Option Award Agreements (the “Option
Agreements”) under the 2011 Samson Resources Corporation Stock Incentive Plan, as amended, (the “Plan”) which granted to the Grantee options to purchase shares of Common Stock of the Company (the “Options”)
in exchange for the Grantee’s performance of future services for the Company pursuant to the terms of the Option Agreements; and 
 WHEREAS, the Company has conducted a valuation and determined that it is in the best interest of the Company to adjust the exercise price of the options to reflect current fair market value in order to
continue to provide incentives to its employees; and 
 WHEREAS, the Company and the Grantee desire to amend the Option
Agreements and Plan Documents (as defined herein) with respect to the exercise price and the restrictions following the termination of employment of the Grantee under certain circumstances; and 

WHEREAS, the Compensation Committee of the Company has approved the amendment of the Option Agreements and Plan Documents as set forth
herein. 
 NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto
agree that the Option Agreements and Plan Documents are amended as follows: 
  

	 	1.	The signature page and Section 2.1 of the Option Agreements are amended to provide that the exercise price of the Options subject to the Option Agreements will be
$2.50 per share which represents the Fair Market Value per Share on the Effective Date. 

  

	 	2.	References in the Option Agreements or other documents to which the Grantee is obligated to enter into in conjunction with the grant or exercise of the Options,
including any Stockholder’s Agreement, (the “Plan Documents”) that prohibit the Grantee from competing with the Company for a period of time following termination of employment shall be deleted and of no effect. This Amendment
shall not in any way limit or restrict the Company’s right to enforce the confidentiality and nonsolicitation provisions of the Option Agreements or the Plan Documents. 

All capitalized terms used in this Amendment shall have the same meaning ascribed to them in the Plan, Plan Documents and the Option
Agreements unless specifically denoted otherwise. Except as specifically amended, as set forth herein, the terms and provisions of the Option Agreements or any Plan Documents remain unchanged. 

 IN WITNESS WHEREOF, the parties have executed this Amendment as of the day and year first
above written. 
  

					
	SAMSON RESOURCES CORPORATION
			
	By:	 	 	 	 
		 	Name:	 	Randy L. Limbacher
		 	Title:	 	President and Chief Executive Officer

  

	
	GRANTEE
	
	  
	

  
 2EX-10.42

 Exhibit 10.42 
 RESTRICTED STOCK AWARD AGREEMENT 
 (2014 FORM) 

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is made effective as of
                         (the “Grant Date”), between Samson Resources Corporation and
                            , an employee of the Company, (the “Grantee”). For
purposes of this Agreement, “Company” shall include Samson Resources Corporation and any direct or indirect subsidiary. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan. 

WHEREAS, the Company desires to grant the Grantee shares of Common Stock, pursuant to the terms and conditions of this Agreement (the
“Restricted Stock Award”), the Samson Resources Corporation 2011 Stock Incentive Plan, as amended, (the “Plan”) (the terms of which are hereby incorporated by reference and made a part of this Agreement), and the
Stockholder’s Agreement (as defined in the Plan). 
 WHEREAS, the Board of Directors of the Company has determined that it
would be to the advantage and best interest of the Company and its shareholders to grant the shares of Common Stock provided for herein to the Grantee as an incentive for increased efforts during Grantee’s employment with the Company, and has
advised the Company thereof and instructed the undersigned officer to grant said Restricted Stock Award; 
 NOW, THEREFORE, in
consideration of the mutual covenants herein contained and other good and valuable consideration, receipt of which is hereby acknowledged, the parties hereto do hereby agree as follows: 

1. Definitions. Whenever the following terms are used in this Agreement, they shall have the meaning specified below unless the
context clearly indicates to the contrary. 
 (a) “Cause” means the occurrence of any of the following events:
(a) Grantee’s commission of any serious crime involving fraud, dishonesty or a breach of trust as to the Company (including but not limited to, misrepresentation, embezzlement, or misappropriation); (b) Grantee’s material
violation of either (i) any applicable confidential and proprietary information policy of the Company or (ii) any applicable code of conduct policy of the Company, as then in effect; (c) Grantee’s conviction, guilty plea, no
contest plea, deferred adjudication or other trial diversion regarding any felony or any crime involving moral turpitude; or (d) Grantee’s failure to perform his or her duties in any material respect (other than any failure resulting from
Grantee’s incapacity due to physical or mental illness or disability) or Grantee’s gross negligence or intentional misconduct in the performance of his or her duties, including any act or acts which affect the image or reputation of the
Company or any part of the Company or which result in material financial loss to any part of the Company. Notwithstanding the immediately preceding item (d), any of the circumstances described in said item (d) may not serve as the basis for
Cause unless (x) the Company provides written notice to Grantee within thirty (30) days following the Company’s initial knowledge of the existence and effect of the event(s) constituting Cause and (y) Grantee fails to cure such
event(s) within thirty (30) days after receipt of such notice. Furthermore, no act or failure to act by Grantee shall be considered “intentional” unless done or omitted to be done by Grantee in bad faith and without reasonable belief
that his or her action or omission was in the best interests of the Company. 
 (b) “Good Reason” means any of
the following occurrences without a Grantee’s consent: (a) a material diminution in Grantee’s annual base salary, other than as part of a reduction applicable to all Company officers of less than ten percent (10%), or annual cash
target bonus opportunity; (b) relocation of Grantee’s current primary place of employment to a location that is more than 50 miles away from Grantee’s current primary place of employment; or (c) a material diminution in
Grantee’s duties and responsibilities with the Company on a continuing basis. Notwithstanding the 

 
foregoing, any of the circumstances described in the items immediately above may not serve as the basis for Good Reason unless (i) Grantee provides written notice to the Company within
thirty (30) days of Grantee’s initial knowledge of the existence and effect of the event(s) constituting Good Reason and (ii) the Company fails to cure (to the extent curable) such events(s) within thirty (30) days after receipt
from Grantee of such notice; provided that Good Reason will cease to exist with respect to an event thirty-one (31) days following Grantee’s initial knowledge of the existence and effect of such event, and Grantee will be deemed to
have waived the right to claim Good Reason with respect to that event, provided further that the separate occurrence of an event similar to a waived event but arising out of new facts or circumstances will also constitute Good Reason and will
be subject to a separate written notice and waiver procedure. 
 2. Grant of the Restricted Stock. Subject to the terms
and conditions of the Plan, the Stockholder’s Agreement (and the agreements incorporated by reference therein), and the additional terms and conditions set forth in this Agreement, the Company hereby grants to the Grantee
                     shares of Common Stock (hereinafter called the “Restricted Stock”). The Restricted Stock shall vest and
become nonforfeitable in accordance with Section 3 hereof. 
 3. Vesting. 

(a) So long as the Grantee continues to be employed by the Company through the applicable vesting date, the Restricted Stock shall vest as
to 20% of such Restricted Stock on each of April 1, 2015, April 1, 2016, April 1, 2017, April 1, 2018 and April 1, 2019 (each such date, a “Scheduled Vesting Date”). Any Restricted Stock that
becomes vested pursuant to this Section 3(a) shall hereafter be referred to as “Vested Restricted Stock.” 

(b) Death or Disability. Notwithstanding any of the foregoing, upon a termination of the Grantee’s employment at any
time by reason of the Grantee’s death or Disability, then the 25% portion of the Restricted Stock that would have become vested on the next Scheduled Vesting Date if the Grantee had remained employed with the Company through such date shall
become vested as of such termination. 
 (c) Change of Control. Notwithstanding any of Section 3.1(a) or
(b) above, any then-outstanding and unvested Restricted Stock shall become immediately vested as to 100% of the Restricted Stock upon a Change of Control and if Grantee becomes subject to a Severance within two (2) years following a Change
of Control. For purposes of this Agreement, a “Severance” shall mean either (a) the involuntary termination of Grantee’s employment by Company other than for Cause upon or after a Change of Control or (b) a voluntary
termination of Grantee’s employment for Good Reason after a Change of Control. Grantee shall not be entitled to any benefits for a Severance, including accelerated vesting of any Restricted Stock, if Grantee’s employment is terminated by
the Company for Cause. 
 (d) Subject to the provisions of Section 3(a), (b) and (c) above, if the Grantee’s
employment with the Company is terminated for any reason by the Company or by the Grantee, any Restricted Stock that has not yet become Vested Restricted Stock shall be forfeited by the Grantee without consideration therefor. 

4. Evidence of Grant. Evidence of the Restricted Stock being issued by the Company hereunder shall be registered in the
Grantee’s name on the stock transfer books of the Company promptly after the date hereof. 
 5. Rights as a Stockholder
and Restrictions. The Grantee shall be the record owner of the Restricted Stock unless or until such Restricted Stock is forfeited pursuant to Section 3 or is otherwise sold or disposed of as permitted under Section 6 or 10 of this
Agreement, as applicable, and as record owner shall be entitled to all rights of a Common Stockholder of the Company, except that the Grantee shall have no right to receive or accrue dividends or distributions with respect to any unvested Restricted
Stock. 

  
 2 

 6. Transferability. The Restricted Stock may not at any time be transferred, sold,
assigned, pledged, hypothecated or otherwise disposed of unless such transfer, sale, assignment, pledge, hypothecation or other disposition complies with the provisions of this Agreement and the Stockholder’s Agreement. The book-entry for the
Restricted Stock on the stock transfer books of the Company shall contain a legend stating that they are subject to transfer restrictions and shall be subject to such stop transfer orders and other restrictions as the Board (or its designated
committee) may deem reasonably advisable under the Plan, the Stockholder’s Agreement or the rules, regulations, and other requirements of the Securities and Exchange Commission, any stock exchange upon which such Restricted Stock is listed, any
applicable federal or state laws and the Company’s Articles of Incorporation and Bylaws. 
 7. Restricted Stock Subject
to Plan, Stockholder’s Agreement and Sale Participation Agreement. 
 (a) The Restricted Stock shall be subject to all
terms and provisions of the Plan, to the extent applicable to the Restricted Stock. In the event of any conflict between this Agreement and the Plan, the Plan shall control. This Restricted Stock Award is being granted subject to the terms and
conditions of the 2013 Stockholder’s Agreement, with all such applicable terms hereby incorporated by reference and made a part hereof. In the event of any conflicts between this Agreement, the 2013 Stockholder’s Agreement and any other
Stockholder’s Agreement to which the Grantee may already be a party, to the extent of the applicability of the terms thereof on the Restricted Stock, the terms of the 2013 Stockholder’s Agreement shall control. 

(b) For purposes of the Sale Participation Agreement, Vested Restricted Stock shall be considered “Common Stock” that is
eligible to be included in any Request (as defined in the Sale Participation Agreement) thereunder; no unvested Restricted Stock may be included in any Request. 
 8. Securities Laws. The Company may require the Grantee to make or enter into such written representations, warranties and agreements as the Committee may reasonably request in order to comply with
applicable securities laws or with this Agreement. The granting of the Restricted Stock hereunder shall be subject to all applicable laws, rules and regulations and to such approvals of any governmental agencies as may be required. 

9. Grantee’s Continued Employment with the Company. Nothing contained in this Agreement or in any other agreement entered into
by the Company and the Grantee guarantees that the Grantee will continue to be employed by the Company for any specified period of time, nor shall this Agreement interfere with the rights of the Company to discharge or terminate Grantee with or
without Cause and with or without notice. 
 10. Changes in Capitalization. The provisions of Sections 7 and 8 of the Plan
shall apply to any unvested Restricted Stock outstanding under this Agreement on any relevant date. 
 11. Payment of
Taxes. The Grantee shall have full responsibility, and the Company shall have no responsibility, for satisfying any liability for any federal, state or local income or other taxes required by law to be paid with respect to such Restricted Stock,
including upon the vesting of the Restricted Stock; provided, however, that at the time of any vesting of any portion of the Restricted Stock, subject to any limits imposed under the Company’s credit facility(ies) at such
time on the Company’s ability to provide for the following, the Grantee may elect to have the Company (a) withhold from such Vested Restricted Stock a number of shares having an aggregate Fair Market Value equal to the minimum amount of
income and employment taxes required to be withheld under applicable laws and regulations in respect of the vesting of such Restricted Stock (all such taxes required to be withheld, in the aggregate,

  
 3 

 
the “Minimum Tax”) and (b) pay the corresponding amount of such Minimum Tax due to the appropriate taxing authorities in cash on behalf of the Grantee. Any fractional shares
resulting from the payment of the withholding amounts shall be liquidated and paid in cash to the U.S. Treasury as additional federal income tax withholding for the Grantee. The Grantee shall be responsible for any withholding taxes not satisfied by
means of such mandatory withholding and for all taxes in excess of such withholding taxes that may be due upon vesting of the Restricted Stock. In connection with the foregoing, the Grantee may, at his or her option, elect to recognize the fair
value of the Restricted Stock upon the Grant Date pursuant to Section 83 of the Internal Revenue Code of 1986, as amended. The Grantee is hereby advised to seek his or her own tax counsel regarding the taxation of the grant of Restricted Stock
made hereunder. 
 12. Limitation on Obligations. The Company’s obligation with respect to the Restricted Stock
granted hereunder is limited solely to the delivery to the Grantee of shares of Common Stock on the date when such shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation.

 13. Notices. Any notice to be given under the terms of this Agreement to the Company shall be addressed to the Company
in care of its Secretary, and any notice to be given to the Grantee shall be addressed to Grantee, or the address given beneath Grantee’s signature hereto. By a notice given pursuant to this Section 13, either party may hereafter designate
a different address for notices to be given to such party. Any notice that is required to be given to the Grantee shall, if the Grantee is then deceased, be given to the Grantee’s personal representative if such representative has previously
informed the Company of the representative’s status and address by written notice under this Section 13. Any notice shall have been deemed duly given when enclosed in a properly sealed envelope or wrapper addressed as aforesaid, deposited
(with postage prepaid) in a post office or branch post office regularly maintained by the United States Postal Service. 
 14.
Governing Law. The laws of the State of Delaware shall govern the interpretation, validity and performance of the terms of this Agreement regardless of the law that might be applied under principles of conflicts of laws. 

15. Signature in Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same
effect as if the signatures thereto and hereto were upon the same instrument. 
 ***** 

[Continued on next page.] 

  
 4 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

  

					
	SAMSON RESOURCES CORPORATION
			
	By:	 	 	 	 
		 	Name:	 	Randy L. Limbacher
		 	Title:	 	President and Chief Executive Officer

  

	
	GRANTEE

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00232-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00232-of-00352.parquet"}]]