Derivatives Agreement Sample Contracts

Sandridge Mississippian Trust – Derivatives Agreement (April 24th, 2012)

This DERIVATIVES AGREEMENT, delivered as of April 23, 2012, is between SandRidge Energy, Inc., a Delaware corporation (SandRidge), and SandRidge Mississippian Trust II, a Delaware statutory trust (the Trust) and is delivered to be effective as of 12:01 a.m., Central Time, April 1, 2012.

Sandridge Mississippian Trust – Derivatives Agreement (March 15th, 2012)

This DERIVATIVES AGREEMENT, delivered as of April [*], 2012, is between SandRidge Energy, Inc., a Delaware corporation (SandRidge), and SandRidge Mississippian Trust II, a Delaware statutory trust (the Trust) and is delivered to be effective as of 12:01 a.m., Central Time, [*], 2012.

SandRidge Permian Trust – Derivatives Agreement (August 19th, 2011)

This DERIVATIVES AGREEMENT, delivered as of August 16, 2011, is between SandRidge Energy, Inc., a Delaware corporation (SandRidge), and SandRidge Permian Trust, a Delaware statutory trust (the Trust) and is delivered to be effective as of 12:01 a.m., Central Time, August 1, 2011, 2011.

SandRidge Permian Trust – Derivatives Agreement (July 19th, 2011)

This DERIVATIVES AGREEMENT, delivered as of , 2011, is between SandRidge Energy, Inc., a Delaware corporation (SandRidge), and SandRidge Permian Trust, a Delaware statutory trust (the Trust) and is delivered to be effective as of 12:01 a.m., Central Time, [ ], 2011.

SandRidge Mississippian Trust I – Derivatives Agreement (April 18th, 2011)

This DERIVATIVES AGREEMENT, delivered as of April 12, 2011, is between SandRidge Energy, Inc., a Delaware corporation (SandRidge), and SandRidge Mississippian Trust I, a Delaware statutory trust (the Trust) and is delivered to be effective as of 12:01 a.m., Central Time, April 1, 2011.

SandRidge Mississippian Trust I – DERIVATIVES AGREEMENT Dated as of Between SANDRIDGE ENERGY, INC., and SANDRIDGE MISSISSIPPIAN TRUST I (March 23rd, 2011)

This DERIVATIVES AGREEMENT, dated as of [ ], 2011, is between SandRidge Energy, Inc., a Delaware corporation (SandRidge), and SandRidge Missippian Trust I, a Delaware statutory trust (the Trust).