Letter Agreement, dated August 8, 2007



 Exhibit 10.30 
 8.8.07 
 WARNER MUSIC INC. 
 75 Rockefeller Plaza 
 New York, New York 10019 
 August 8, 2007 
 Effective as of
October 1, 2007 
 Paul M. Robinson 
 Dear Paul: 
 This letter,
when signed by you and countersigned by us (“Company”), shall constitute our agreement (the “Agreement”) with respect to your employment with Company. 
 1. Position: Executive Vice President & General Counsel 
 2. Term: The term of this
Agreement shall commence on October 1, 2007 and end on September 30, 2011 (the “Term”). 
 3. Compensation:

 (a) Salary: During the Term, Company shall pay you a salary at the rate of $600,000 per annum. 
 (b) Discretionary Bonus: With respect to each calendar year of the Term, Company may grant to you an annual bonus (the “Annual
Bonus”), the “target” amount of which shall be $460,000 with respect to the 2007 fiscal year and $500,000 with respect to each subsequent fiscal year of the Term (or a pro rata portion of such Annual Bonus for a portion of such year).
The amount of each Annual Bonus awarded to you shall be determined by Company at its sole discretion; provided that your Annual Bonus with respect to any year shall be determined based on factors including your performance, and the performance of
Company. The amount of each Annual Bonus awarded to you may be higher or lower than the “target” amount; provided that the amount of each Annual Bonus shall remain in the sole discretion of Company. 
 (c) Stock Options: Company shall at the earliest practicable date (currently anticipated to be on or about August 15, 2007)
grant to you 100,000 options to purchase shares of common stock of WMG; subject to the terms of the applicable stock option plan and agreement. 
 (d) Payment of Compensation: Compensation accruing to you during the Term shall be payable in accordance with the regular payroll practices of Company for employees at your level. You shall not be entitled to
additional compensation for performing any services for Company’s subsidiaries or affiliates. 
 4. Exclusivity: Your employment
with Company shall be full-time and exclusive. During the Term you will not render any services for others, or for your own account, in the field of entertainment or otherwise. 
 5. Reporting: You shall at all times work under the supervision and direction of the senior-most executive officer of Company (currently Edgar
Bronfman, Jr.), and shall perform such duties as you shall reasonably be directed to perform by such officer. 
 6. Place of
Employment: The greater New York metropolitan area. You shall render services at the offices established for Company at such location. You also agree to travel on temporary trips to such other place or places as may be required from time to time
to perform your duties hereunder. 
  

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 7. Travel and Entertainment Expenses: Company shall pay or reimburse you for reasonable expenses
actually incurred or paid by you during the Term in the performance of your services hereunder in accordance with Company’s policy for employees at your level upon presentation of expense statements or vouchers or such other supporting
information as Company may customarily require. 
 8. Benefits: While you are employed hereunder, you shall be entitled to all fringe
benefits generally accorded to employees of Company at your level from time to time, including, but not limited to, medical health and accident, group insurance and similar benefits, provided that you are eligible under the general provisions of any
applicable plan or program and Company continues to maintain such plan or program during the Term. You shall also be entitled to four (4) weeks vacation (with pay) during each calendar year of the Term, which vacation shall be taken at
reasonable times to be approved by Company and shall be governed by Company’s policies with respect to vacations for executives. 
 9.
Disability/Death: If you shall become physically or mentally incapacitated from performing your duties hereunder, and such incapacity shall continue for a period of five (5) consecutive months or more or for shorter periods aggregating
five (5) months or more in any twelve-month period, Company shall have the right (before the termination of such incapacity), at its option, to terminate your employment hereunder upon paying to you any accrued but unpaid salary to the date of
such termination. In the event of your death, this Agreement shall automatically terminate except that Company shall pay to your estate any accrued but unpaid salary through the last day of the month of your death. 
 10. Termination: 
 (a)
Termination by Company: Company may at any time during the Term, by written notice, terminate your employment for “Cause” (as defined below), such Cause to be specified in the notice of termination. The following acts shall
constitute “Cause” hereunder: (i) any willful or intentional act or omission having the effect, which effect is reasonably foreseeable, of materially injuring the reputation, business, business relationships or employment
relationships of Company or its affiliates; (ii) conviction of, or plea of nolo contendere to, a misdemeanor involving theft, fraud, forgery or the sale or possession of illicit substances or a felony; (iii) material breach of
material covenants contained in this Agreement; and (iv) repeated or continuous failure, neglect or refusal to perform your material duties hereunder. Notice of termination given to you by Company shall specify the reason(s) for such
termination, and in the case where a cause for termination described in clause (iii) or (iv) above shall be susceptible of cure, and such notice of termination is the first notice of termination given to you for such reason, if you fail to
cure such cause for termination within ten (10) business days after the date of such notice, termination shall be effective upon the expiration of such ten-day period, and if you cure such cause within such ten-day period, such notice of
termination shall be ineffective. In all other cases, notice of termination shall be effective on the date thereof. 
 (b)
Termination by You: (i) For purposes of this Paragraph 10(b), Company shall be in breach of its obligations to you hereunder if there shall have occurred any of the following events (each such event being referred to as a “Good
Reason”): (A) a material reduction in your title shall have been put into effect; (B) you shall have been required to report to anyone other than as provided in Paragraph 5 hereof; (C) any monies required to be paid to you
hereunder shall not be paid when due; (D) Company requires you to relocate your primary residence outside the greater New York metropolitan area in order to perform your duties to Company hereunder; or (E) Company assigns its rights and
obligations under this Agreement in contravention of the provisions of Paragraph 17(e) below. 
 (ii) You may exercise your
right to terminate the Term of this Agreement for Good Reason pursuant to this Paragraph 10(b) by notice given to Company in writing specifying the Good Reason for termination within sixty (60) days after the occurrence of any such event
constituting Good Reason, otherwise your right to terminate this Agreement by reason of the occurrence of such event shall expire and shall be deemed to have permanently lapsed. Any such termination in compliance with the provisions of this
Paragraph 10(b) shall be effective thirty (30) days after the date of your written 

  

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notice of termination, except that if Company shall cure such specified cause within such thirty-day period, you shall not be entitled to terminate the Term
of this Agreement by reason of such specified Good Reason and the notice of termination given by you shall be null and void and of no effect whatsoever. 
 11. Consequences of Breach by Company or Non-renewal: 
 (a) In the event of a
“Special Termination” (as defined below) of your employment, your sole remedy shall be that, upon your execution of a Release (as defined below) Company shall pay to you the “Special Termination Payments” (as defined below), and
in the event of a “Qualifying Non-renewal” (as defined below), your sole remedy shall be that, upon your execution of a Release, Company shall pay to you the “Non-renewal Payments” (as defined below). Special Termination Payments
and Non-renewal Payments are sometimes herein referred to collectively as the “Termination Payments.” 
 (b) The
“Basic Termination Payments” shall mean any accrued vacation pay in accordance with Company policy, any unreimbursed expenses pursuant to Paragraph 7, plus any accrued but unpaid benefits in accordance with Paragraph 8, in each case to the
date on which your employment terminates pursuant to an event described in subparagraph (d) or (f), below, as applicable (the “Termination Date”). 
 (c) A “Release” shall mean a release agreement in Company’s standard form, which shall include, without limitation, a
release by you of Company from any and all claims which you may have relating to your employment with Company and the termination of such employment. 
 (d) A “Special Termination” shall have occurred in the event that (i) Company terminates your employment hereunder other than pursuant to Paragraphs 9 or 10(a) hereof, or (ii) you terminate this
Agreement pursuant to Paragraph 10(b) hereof. 
 (e) “Special Termination Payments” shall mean (i) the Basic
Termination Payments; plus (ii) the greater of (A) the “Severance Amount” (as defined below) and (B) the sum of (I) an amount equal to $500,000 multiplied by a fraction, the numerator of which is the number of
days in the period beginning on the first day of the fiscal year in which your termination occurs and ending on the date of your termination, and the denominator of which is 365, plus (II) $1,100,000. 
 (f) A “Qualifying Non-renewal” shall have occurred in the event that, at the end of the Term: (i) Company declines to offer you
continued employment with Company or one of its affiliates; or (ii) Company offers you continued employment with Company or one of its affiliates at a salary or target bonus lower than your salary or target bonus as in effect on the last day of
the Term, and you elect to decline such offer and terminate your employment with Company. 
 (g) The “Non-renewal
Payments” shall mean (i) the amount of severance pay (the “Severance Amount”) that would have been payable to you under Company policy as in effect on the Termination Date had you not been subject to an employment agreement with
Company, plus; (ii) the Basic Termination Payments. 
 (h) Any Termination Payments payable to you under Paragraph 11(e)
or (g) above shall be made by Company in accordance with its regular payroll practices by means of continued payments to you (i) of your salary at the same rate as was in effect as of the Termination Date for the applicable period as is
necessary to cause the full amount due under such clause to be paid, or (ii) of your salary for such other period as Company determines is necessary to prevent such amount from being deemed “deferred compensation” under applicable tax
law; provided that in the event that the Payment Period is so modified, your rate of pay during such period shall be modified accordingly in order to cause the payment in full of the amounts required to be paid to you pursuant to this Paragraph 11
(the “Payment Period”). During the Payment Period, Company shall continue to provide you with coverage under Company’s medical plans in accordance with the terms of such plans, and you shall be entitled to no other benefits during
such period. 
  

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 (i) In the event you elect not to execute and deliver a Release in connection with a
Special Termination or a Qualifying Non-renewal, Company shall only be obligated to pay to you the Basic Termination Payments. Following the delivery of an executed Release pursuant to this Paragraph 11, you shall have no duty to seek substitute
employment, and Company shall have no right of offset against any amounts paid to you under this Paragraph 11 with respect to any compensation or fees thereafter received by you from any employment or self-employment thereafter obtained or
consultancy arrangement thereafter entered into by you. 
 12. Confidential Matters: You shall keep secret all confidential matters of
Company and its affiliates (for purposes of this Paragraph 12 only, “Company”), and shall not disclose them to anyone outside of Company, either during or after your employment with Company, except with Company’s written consent. You
shall deliver promptly to Company upon termination of your employment, or at any time Company may request, all confidential memoranda, notes, records, reports and other documents (and all copies thereof) relating to the business of Company which you
may then possess or have under your control. 
 13. Results and Proceeds of Employment: You acknowledge that Company shall own all
rights of every kind and character throughout the world in perpetuity in and to any material and/or ideas written, suggested or in any way created by you hereunder and all other results and proceeds of your services hereunder, including, but not
limited to, all copyrightable material created by you within the scope of your employment. You agree to execute and deliver to Company such assignments or other instruments as Company may require from time to time to evidence Company’s
ownership of the results and proceeds of your services. 
 14. Non-Solicitation: While you are employed by Company and for a period of
one year after your employment with Company ends for any reason, you shall not, without the prior written consent of Company, directly or indirectly, as an employee, agent, consultant, partner, joint venturer, owner, officer, director, or member of
any other person, firm, partnership, corporation or other entity, or in any other capacity, (a) solicit, negotiate with, offer or enter into a recording or other contract with any recording artist (including a duo or a group) or songwriter who
at the time is, either directly or through a furnishing entity, under contract to Company or an affiliate of Company or a label distributed to Company or an affiliate of Company, and (b) discuss or negotiate employment with or offer employment
to any individual employed by Company or an affiliate of Company. 
 15. Indemnity: To the extent that you perform your duties for
Company in good faith and in a manner you reasonably believe to be in or not opposed to the best interests of Company and not in contravention of the instructions of any senior officer of Company, Company agrees to indemnify you against expenses
(including but not limited to final judgments and amounts paid in settlement to which Company has consented in writing, which consent shall not be unreasonably withheld) in connection with litigation against you arising out of the performance of
your duties hereunder; provided, that, you shall have provided Company with prompt notice of the commencement of any such litigation. Company will provide defense counsel selected by Company. You agree to cooperate in connection with any such
litigation. 
  

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 16. Notices: All notices, requests, consents and other communications required or permitted to be
given hereunder shall be in writing and shall be deemed to have been duly given if delivered personally or sent by prepaid courier, or mailed first-class, postage prepaid, by registered or certified mail, return receipt requested, as follows:

  

			
	TO YOU:	  	TO COMPANY:
		
	 Paul M. Robinson
 c/o Warner Music Inc.
 75 Rockefeller Plaza
 New York, NY 10019
	  	 Warner Music Inc.
 75 Rockefeller Plaza
 New York, NY 10019
 Attn: Chairman & CEO
  
 With a copy to:
  
 Warner Music Inc.
 75 Rockefeller Plaza
 New York, NY 10019
 Attn: EVP, Human Resources


 Either you or Company may change the address to which notices are to be sent by giving written
notice of such change of address to the other in the manner herein provided for giving notice. 
 17. Miscellaneous: 
 (a) You represent and warrant to Company that you are free to enter into this Agreement and, as of the commencement of the Term hereof,
are not subject to any conflicting obligation or any disability which will prevent you from or interfere with your executing and performing your obligations hereunder. 
 (b) You acknowledge that while you are employed hereunder you will comply with Company’s conflict of interest policy and other
corporate policies, as in effect from time to time, of which you are made aware. All payments made to you hereunder shall be subject to applicable withholding and social security taxes and other ordinary and customary payroll deductions. 

(c) You acknowledge that services to be rendered by you under this Agreement are of a special, unique and intellectual character which
gives them peculiar value, and that a breach or threatened breach of any provision of this Agreement (particularly, but not limited to, the provisions of Paragraphs 4 and 12 hereof), will cause Company immediate irreparable injury and damage which
cannot be reasonably or adequately compensated in damages in an action at law. Accordingly, without limiting any right or remedy which Company may have in such event, you specifically agree that Company shall be entitled to injunctive relief to
enforce and protect its rights under this Agreement. The provisions of this Paragraph 17(c) shall not be construed as a waiver by Company of any rights which Company may have to damages or any other remedy, or by you as a waiver by you of any rights
which you may have to offer fact-based defenses to any request made by Company for injunctive relief. 
 (d) This Agreement
sets forth the entire agreement and understanding of the parties hereto, and supersedes and terminates any and all prior agreements, arrangements and understandings including, without limitation, the employment agreement between you and Company
dated May 3, 2004. No representation, promise or inducement has been made by either party that is not embodied in this Agreement, and neither party shall be bound by or liable for any alleged representation, promise or inducement not herein set
forth. 
 If, notwithstanding the provisions of the foregoing paragraph, any provision of this Agreement or the application
hereof is held to be wholly invalid, such invalidity shall not affect any other provisions or application of this Agreement that can be given effect without the invalid provisions or application, and to this end the provisions of this Agreement are
hereby declared to be severable. 
  

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 (e) The provisions of this Agreement shall inure to the benefit of the parties hereto,
their heirs, legal representatives, successors and permitted assigns. This Agreement, and your rights and obligations hereunder, may not be assigned by you. Company may assign its rights, together with its obligations, hereunder only in connection
with any sale, transfer or other disposition of all or a substantial portion of the stock or assets of Company. 
 (f) Nothing
contained in this Agreement shall be construed to impose any obligation on Company to renew this Agreement. This Agreement may be amended, modified, superseded, canceled, renewed or extended, and the terms or covenants hereof may be waived, only by
a written instrument executed by both of the parties hereto, or in the case of a waiver, by the party waiving compliance. Neither the continuation of employment nor any other conduct shall be deemed to imply a continuing obligation upon the
expiration of this Agreement. The failure of either party at any time or times to require performance of any provision hereof shall in no manner affect the right at a later time to enforce the same. No waiver by either party of the breach of any
term or covenant contained in this Agreement, whether by conduct or otherwise, in any one or more instances, shall be deemed to be, or construed as, a further or continuing waiver of any such breach, or a waiver of the breach of any other term or
covenant contained in this Agreement. 
 (g) This Agreement shall be governed by and construed according to the laws of the
State of New York as applicable to agreements executed in and to be wholly performed within such State. In the unlikely event that differences arise between the parties related to or arising from this Agreement that are not resolved by mutual
agreement, to facilitate a judicial resolution and save time and expense of both parties, Company and you agree not to demand a trial by jury in any action, proceeding or counterclaim. 
 If the foregoing correctly sets forth our understanding, please sign below and return this Agreement to Company. 
  

			
	Very truly yours,
	
	WARNER MUSIC INC.
		
	By:	 	 /s/    EDGAR BRONFMAN,
JR.        



  

	
	 Accepted and Agreed:

	
	 /s/    PAUL M.
ROBINSON        

	Paul Robinson

  

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