Exhibit 10.2

 

October 17, 2008

 

Hearst-Argyle Television, Inc.

300 West 57th Street, 39th Floor

New York, New York 10019

 

 

 

Re: Agency Agreement   

 

 

Ladies/Gentlemen:

 

This Amendment No. 3 (“Amendment 3”) amends the Agency Agreement dated April 2,
2008, as amended by Amendment No. 1 dated June 30, 2008 and Amendment No. 2
dated August 7, 2008 by and between Lifetime Entertainment Services (“LES”) and
Hearst-Argyle Television, Inc. (“Hearst”) regarding negotiation with Comcast
Cable Communications (“Comcast”) for the right to retransmit the signals of
certain Hearst broadcast stations (the “Agreement”).  All capitalized terms used
herein and not otherwise defined shall have the meaning set forth in the
Agreement.

 

Notwithstanding anything to the contrary contained in the Agreement, LES and
Hearst agree that the term of any Will Carry Agreement, a/k/a Amended and
Restated Digital Retransmission Consent Agreement, negotiated with Comcast
pursuant to the Agreement shall expire no later than *.

 

The first paragraph of Appendix C to the Agreement is hereby amended by *.

 

Notwithstanding anything to the contrary contained in the Agreement, including,
but not limited to, Section *, and for the avoidance of doubt, * shall not apply
to *, in accordance with the Will Carry Agreement.

 

The sentence in Section * of the Agreement stating * is deleted. Notwithstanding
the foregoing, LES shall *.

 

For clarity, LES shall *

 

Notwithstanding anything to the contrary contained in the Agreement, if *, then
*.

 

If the foregoing comports with your understanding, please sign and return the
enclosed duplicate copy of this letter.

 

 

  LIFETIME ENTERTAINMENT SERVICES

 

 

 

 

/s/ Lori Conkling

 

Name: Lori Conkling

 

Title: EVP Distribution

 

 

 

 

Acknowledged and agreed to

 

This 17th day of October, 2008

 

 

 

HEARST-ARGYLE TELEVISION, INC.

 

 

 

/s/ Jonathan C. Mintzer

 

Name: Jonathan C. Mintzer

 

Title: Vice President, General Counsel and Secretary

 

 

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* This information has been redacted pursuant to a request for confidential
treatment sub mitted to the SEC on October 31, 2008. We have filed the redacted
material separately with the SEC.

 

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