SECOND SUPPLEMENTAL INDENTURE


 


SECOND SUPPLEMENTAL
INDENTURE (this “Supplemental Indenture”), dated as of February 5, 2013, by and among Reach Media, Inc., a Texas
corporation (the “Guaranteeing Subsidiary”), a Subsidiary of Radio One, Inc., a Delaware corporation (the “Issuer”),
the other Guarantors (as defined in the Indenture referred to herein) and Wilmington Trust Company, as trustee under the Indenture
referred to below (the “Trustee”).


 


W I T N E S S E T H


 


WHEREAS, the Issuer
and the Guarantors have heretofore executed and delivered to the Trustee an indenture (as heretofore supplemented and amended,
the “Indenture”), dated as of November 24, 2010 providing for the issuance of 12.5%/15.0% Senior Subordinated
Notes due 2016 (the “Notes”);


 


WHEREAS, the Indenture
provides that under certain circumstances the Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture
pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuer’s Obligations under the Notes
and the Indenture on the terms and conditions set forth herein and under the Indenture (the “Guarantee”); and


 


WHEREAS, pursuant to
Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture.


 


WHEREAS, all things
necessary to make this Supplemental Indenture a valid indenture and agreement according to its terms have been done.


 


NOW THEREFORE, in consideration
of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties mutually
covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:


 


(1)              
Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the
Indenture.


 


(2)              
Agreement to be Bound. The Guaranteeing Subsidiary hereby becomes a party to the Indenture as a Guarantor and as
such will have all of the rights and be subject to all of the obligations and agreements of a Guarantor under the Indenture.


 


(3)              
Guarantee. The Guaranteeing Subsidiary agrees, on a joint and several basis with all the existing Guarantors, to
Guarantee to each Holder of the Notes and the Trustee the Obligations pursuant to Article 11 of the Indenture.


 


(4)              
Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK.


 


(5)              
No Recourse Against Others. No past, present or future director, officer, employee, incorporator, stockholder or
agent of the Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Issuer or any Guaranteeing Subsidiary
under the Notes, any Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason
of, such obligations or their creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The
waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities
under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.


 



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(6)              
Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be
an original, but all of them together represent the same agreement.


 


(7)              
Effect of the Headings. The Section headings herein are for convenience only and shall not affect the construction
hereof.


 


(8)              
The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency
of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by
the Guaranteeing Subsidiary and the Issuer.


 


(9)              
Benefits Acknowledged. The Guaranteeing Subsidiary’s Guarantee is subject to the terms and conditions set forth
in the Indenture. The Guaranteeing Subsidiary acknowledges that it will receive direct and indirect benefits from the financing
arrangements contemplated by the Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant
to this Guarantee are knowingly made in contemplation of such benefits.


 


(10)          
Successors. All agreements of the Guaranteeing Subsidiary in this Supplemental Indenture shall bind its successors,
except as otherwise provided in the Indenture. All agreements of the Trustee in this Supplemental Indenture shall bind its successors.


 


(11)          
Benefits of Supplemental Indenture. Nothing in this Supplemental Indenture or the Notes, express or implied, shall
give to any Person, other than the parties hereto and thereto and their successors hereunder and thereunder and the Holders of
the Notes any benefit of any legal or equitable right, remedy or claim under the Indenture, this Supplemental Indenture or the
Notes.


 


(12)          
Effect of Supplemental Indenture. Upon the execution and delivery of this Supplemental Indenture by the parties hereto,
the Indenture and the Notes shall be amended in accordance herewith, and this Supplemental Indenture shall form a part of the Indenture
for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered under the Indenture shall be bound
hereby.


 


(13)          
References to Supplemental Indenture. Any and all notices, requests, certificates and other instruments executed
and delivered after the execution and delivery of this Supplemental Indenture may refer to the Indenture without making specific
reference to this Supplemental Indenture, but nevertheless all such references shall include this Supplemental Indenture unless
the context requires otherwise.


 



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(14)          
Indenture Remains in Full Force and Effect. Except as amended hereby, all provisions in the Indenture shall remain
in full force and effect.


 


(15)          
Indenture and Supplemental Indenture Construed Together. This Supplemental Indenture is an indenture supplemental
to and in implementation of the Indenture, and the Indenture and this Supplemental Indenture shall henceforth be read and construed
together.


 


(16)          
Confirmation and Preservation of Indenture. The Indenture as amended by this Supplemental Indenture is in all respects
confirmed and preserved.


 


(17)          
Trust Indenture Act Controls. If any provision of this Supplemental Indenture limits, qualifies, or conflicts with
another provision which is required to be included in this Supplemental Indenture or the Indenture by the TIA, the required provision
shall control.


 


(18)          
Severability. In case any provision in this Supplemental Indenture shall be invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.


 


 


 


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IN WITNESS WHEREOF,
the parties hereto have caused this Supplemental Indenture to be duly executed, all as of the date first above written.


 


Dated: February 5, 2013


 


	RADIO ONE, INC.



	 
	 	 
	By:	 
	 	Name:	 
	 	Title:	 
	 	 
	GUARANTORS:	 
	 	 
	BELL BROADCASTING COMPANY	 
	BLUE CHIP BROADCASTING LICENSES, LTD.	 
	BLUE CHIP BROADCASTING, LTD.	 
	CHARLOTTE BROADCASTING, LLC	 
	DISTRIBUTION ONE, LLC	 
	HAWES-SAUNDERS BROADCAST PROPERTIES, INC.	 
	INTERACTIVE ONE, INC.	 
	INTERACTIVE ONE, LLC	 
	NEW MABLETON BROADCASTING CORPORATION	 
	RADIO ONE CABLE HOLDINGS, INC.	 
	RADIO ONE DISTRIBUTION HOLDINGS, LLC	 
	RADIO ONE LICENSES, LLC	 
	RADIO ONE MEDIA HOLDINGS, LLC	 
	RADIO ONE OF ATLANTA, LLC	 
	RADIO ONE OF BOSTON LICENSES, LLC	 
	RADIO ONE OF BOSTON, INC.	 
	RADIO ONE OF CHARLOTTE, LLC	 
	RADIO ONE OF DETROIT, LLC	 
	RADIO ONE OF INDIANA, LLC	 
	RADIO ONE OF INDIANA, L.P.	 
	RADIO ONE OF NORTH CAROLINA, LLC	 
	RADIO ONE OF TEXAS II, LLC	 
	ROA LICENSES, LLC	 
	SATELLITE ONE, L.L.C.	 
	 	 
	 	 
	By:	 
	 	Name:  	 
	 	Title:	 
	 	 
	 	 
	REACH MEDIA, INC.	 
	 	 
	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 	 




 






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	 	WILMINGTON TRUST COMPANY,
 as Trustee
	 	 
	 	 
	 	By: 	 
	 	 	Name:
	 
	 	 	Title:	 



 







 

  


 



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