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Exhibit 10.5.2

EMPLOYMENT AGREEMENT
AMENDMENT NO. 2

        THIS AMENDMENT NO.2 (this "Amendment") dated September 15, 2004 is made
to the EMPLOYMENT AGREEMENT dated as of August 14, 2000 (as amended by Amendment
No.1 dated February 13, 2002, the "Agreement") by and between Advanstar, Inc.
(the "Company") and James M. Alic ("Executive").

WHEREAS, the parties to the Agreement seek to modify certain terms of the
Agreement to the extent described in this Amendment;

THEREFORE, in consideration of the mutual promises contained herein, and for
other good and valuable consideration, intending to be legally bound, the
Company and Executive hereby agree as follows:

1.Unless specifically defined otherwise in this Amendment, capitalized terms
used in this Amendment shall have the same respective meanings as ascribed to
such terms in the Agreement. The term "Section" as used in this Amendment shall
refer to a Section of the Agreement.

2.Section 1 is hereby amended by deleting the first and second sentences and
replacing them with the following: "The Company agrees to employ the Executive,
and the Executive accepts such employment and agrees to serve the Company as
Chairman of the Board of Directors of the Company and any of its respective
Subsidiaries as may from time to time be requested by the Company, for the
compensation and benefits detailed in Sections 3 and 4 hereof. It is understood
that the Executive will report to the Board of Directors of the Company."

3.A new Section 3(b) shall be added as follows: "Bonus. The Executive shall
receive annual bonus compensation for calendar years 2004 and 2005, subject to
the discretionary approval of the Board of the Company, based upon the
recommendation of the CEO of the Company. Such bonus compensation shall be in a
gross amount not to exceed 100% of the Executive's base salary as described in
Section 3(a), and shall be based on the Executive's devotion of time and
contribution to the Business during the applicable calendar year. Any bonus
payable under this Section 3(b) shall be paid not later than 60 days after the
applicable year end."

4.Section 6 is hereby deleted in its entirety and replaced with the following
new Section 6:

"6.    Term. This Agreement shall have a term (the "Employment Term") equal to
the period from the Effective Date through December 31, 2005 (the "Fixed Term")
and shall continue thereafter only upon the mutual agreement of the parties;
provided that Sections 9 and 10 shall survive such termination in accordance
with their terms.

5.Section 14 is amended to change the address for the Executive to:

For U.S. Mail   For Private Courier James M. Alic
P.O. Box G
Ludlow, VT 05149   James M. Alic
172 Summit View Road
Ludlow, VT 05149

This Amendment is effective as of the date indicated above. Except to the extent
amended by this Amendment, the Agreement is affirmed and remains in full force
and effect.

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

ADVANSTAR, INC.   JAMES M. ALIC

 

 
 

 
 
By:   /s/  JOE LOGGIA      

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Name: Joe Loggia
Title: CEO   /s/  JAMES M. ALIC      

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EMPLOYMENT AGREEMENT AMENDMENT NO. 2