EX-10.6



 






Exhibit 10.6




AMENDMENT TO STUDIO LEASE AGREEMENT




          THIS AMENDMENT TO STUDIO LEASE AGREEMENT (“Amendment”) is made as of August 29, 2000 by and
between THE HEARST CORPORATION, a Delaware corporation (“Hearst”), and HEARST-ARGYLE TELEVISION,
INC., a Delaware corporation (the “Company”).




W I T N E S S E T H




     WHEREAS, Hearst and the Company entered into a Studio Lease Agreement dated as of August 29,
1997 (the “Studio Lease Agreement”), attached as Appendix A hereto and made a part hereof, pursuant
to which the Company leased to Hearst the Leased Premises (as defined in the Studio Lease
Agreement); and



          WHEREAS, Hearst and the Company mutually desire to amend and renew the Studio Lease Agreement
as set forth hereinafter;




          NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, and
other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties agree to amend and renew the Studio Lease Agreement as follows:




1. The following is hereby substituted as a new paragraph 2 to the Studio Lease Agreement:





	 	2.  	Term of Lease. The term (“Term”) of this Lease shall be for a period
of three (3) years commencing September 1, 2000 and continuing until August 31, 2003,
unless sooner terminated as provided in this Lease.





2. The following is hereby substituted as a new paragraph 12 to the Studio Lease Agreement:





	 	12.  	Right to Assign and Sublease. Tenant shall not sublet the Leased
Premises or any portion thereof or assign or transfer its rights hereunder to any
third party unless Tenant shall first have obtained the written consent of Landlord.
Any attempted assignment or other transfer in violation of the foregoing shall be void
ab initio. If Landlord fails to consent to a proposed assignee or transferee
identified by Tenant as the buyer of a Radio Station hereunder, then effective upon
the consummation of the sale of such Radio Station, this Studio Lease Agreement shall
terminate with respect to such Radio Station.






     In the event Landlord should sell or otherwise transfer the Leased Premises,
Landlord shall be entitled, in its sole discretion, to either (i) terminate this
Studio Lease Agreement, such termination to be effective upon the consummation of the
sale of the Leased Premises, or (ii) assign or transfer this Studio Lease Agreement to
the purchaser or transferee of the Leased Premises (and in such case Landlord shall
have no further duties or obligations hereunder provided that the purchaser or
transferee agrees to assume all of the duties and obligations imposed hereunder on
Landlord). Landlord shall provide Tenant with at least thirty (30) days prior written
notice of Landlord’s determination under either (i) or (ii) above.



3. The attached Revised Exhibit B is hereby substituted in place and instead of Exhibit B to
Appendix A hereto.




4. Except as expressly set forth herein, all terms and conditions of the Studio Lease Agreement
shall continue in full force and effect.




 









 








IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above written.




	 	 	 	 	 	 	 	 	 
	 	 	THE HEARST CORPORATION	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	/s/ Ronald J. Doerfler	 	 
	 	 	 	 	 	 	 
	

	 	 	 	 	 	Name: Ronald J. Doerfler	 	 
	

	 	 	 	 	 	Title: Senior Vice President and	 	 
	

	 	 	 	 	 	Chief Financial Officer	 	 






	 	 	 	 	 	 	 	 	 
	 	 	HEARST-ARGYLE TELEVISION, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	/s/ Harry T. Hawks	 	 
	 	 	 	 	 	 	 
	

	 	 	 	 	 	Name: Harry T. Hawks	 	 
	

	 	 	 	 	 	Title: Executive Vice President and	 	 
	

	 	 	 	 	 	Chief Financial Officer