RESTRICTED STOCK AWARD AGREEMENT
THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is entered into effective the ___
(the “Date of Grant”), by and between SandRidge Energy, Inc., a Delaware corporation, formerly known as
Riata Energy, Inc. (the “Company”), and ___(herein referred to as the “Participant”);
WHEREAS, the 2005 Stock Plan (the “Plan”) has been previously adopted; and
WHEREAS, the Company has awarded the Participant ___Shares under the Plan subject to the terms and
conditions of this Agreement.
NOW, THEREFORE, in consideration of the premises and the mutual promises and covenants herein
contained, the Participant and the Company agree as follows:
1. The Plan . The Plan is incorporated herein by reference and made a part hereof for all purposes, and when
taken with this Agreement shall govern the rights of the Participant and the Company with respect to the Award
(as defined below). Any capitalized terms used but not defined in this Agreement have the same meanings given
to them in the Plan.
2. Grant of Award . The Company hereby grants to the Participant an award (the “Award”) of ___Shares on
the terms and conditions set forth herein and in the Plan.
3. Terms of Award .
(a) Vesting . The Shares subject to this Award will vest based on the Participant’s continuous employment
with the Company at the rate of twenty-five percent (25%) per annum on each anniversary of the Date of Grant.
For purposes of this Agreement, employment with the Company includes employment by any of its Subsidiaries.
(b) Certificates and Shareholder Rights . Shares subject to this Award shall be issued in uncertificated form
subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement. The
Participant shall not have the voting rights or rights to dividends attributable to the Shares issued under this Award
until the Shares become vested.
(c) Vesting — Removal of R