Document:

<PAGE>

                                                                    Exhibit 10.1

                              EMPLOYMENT AGREEMENT

         AGREEMENT made as of March 14, 2001, between BIO-TECHNOLOGY GENERAL
CORP., a Delaware corporation with an office at 70 Wood Avenue South, Iselin,
New Jersey 08830 (the "Company") and Bernard R. Tyrrell, having a residence at
31 Fischer Farm Road, Belle Mead, New Jersey 08502 (the "Executive").

                              W I T N E S S E T H:

         WHEREAS, the Company desires that Executive be employed to serve in a
senior executive capacity with the Company, and Executive desires to be so
employed by the Company, upon the terms and conditions herein set forth.

         NOW, THEREFORE, in consideration of the premises and of the mutual
promises, representations and covenants herein contained, the parties hereto
agree as follows:

1.       EMPLOYMENT.

         The Company hereby employs Executive and Executive hereby accepts such
employment, subject to the terms and conditions herein set forth. Executive
shall hold the office of Senior Vice President, Marketing and Sales, reporting
to the President of the Company. During any periods that the position of
President is vacant, the Executive shall report, during the period of such
vacancy, to the Chief Executive Officer.

2.       TERM.

         The initial term of employment under this Agreement shall begin on the
date hereof (the "Employment Date") and shall continue for a period of two (2)
years from that date, subject to prior termination in accordance with the terms
hereof. Thereafter, this Agreement shall automatically be renewed for successive
two (2) year terms unless either party shall give the other ninety (90) days
prior written notice of its intent not to renew this Agreement.

3.       COMPENSATION.

         (a) As compensation for the employment services to be rendered by
Executive hereunder, including all services as an officer or director of the
Company and any of its subsidiaries, the Company agrees to pay, or cause to be
paid, to Executive, and Executive agrees to accept, payable in equal
installments in accordance with Company practice, an initial annual salary of
$230,000. Executive's annual salary hereunder for the remaining years of
employment shall be determined by the Board of Directors in its sole discretion;
provided, however, that Executive's annual salary shall not be reduced during
the term of

<PAGE>

                                                                    Page 2 of 11

this Agreement below the highest annual salary paid to Executive at any time
during such term.

         (b) Executive shall be entitled to bonuses from time to time in such
amounts as may be determined by the Board of Directors in its sole discretion.

4.       EXPENSES.

         The Company shall pay or reimburse Executive, upon presentment of
suitable vouchers, for all reasonable business and travel expenses that may be
incurred or paid by Executive in connection with his employment hereunder.
Executive shall comply with such restrictions and shall keep such records as the
Company may deem necessary to meet the requirements of the Internal Revenue Code
of 1986, as amended from time to time, and regulations promulgated thereunder.

5.       OTHER BENEFITS.

         Executive shall be entitled to a vacation allowance of not less than
four (4) weeks per annum and to participate in and receive any other benefits
customarily provided by the Company to its senior management personnel
(including any profit sharing, pension, short and long-term disability
insurance, hospital, major medical insurance, dental insurance and group life
insurance plans in accordance with the terms of such plans) and including stock
option and/or stock purchase plans, all as determined from time to time by the
Board of Directors of the Company. Unused annual vacation may not be carried
over to other years except that with the consent of the Chief Executive Officer
the Executive may carry over unused vacation in those instances in which
Executive has been unable to utilize fully his annual vacation entitlement due
to exigencies of Company business matters and needs.

6.       DUTIES.

         (a) Executive shall perform such duties and functions as the
President or Chief Executive Officer of the Company shall from time to time
determine in accordance with what it is normal and customary for an
individual holding Executive's position to perform, and Executive shall
comply in the performance of such duties and functions with the policies of
the Board of Directors.

         (b) Executive agrees to devote his entire working time, attention
and energies to the performance of the business of the Company and of any of
its subsidiaries by which he may be employed; and Executive shall not without
the approval of the Board of Directors, directly or indirectly, alone or as a
member of any partnership or other business organization, or as an officer,
director or employee of any other corporation, partnership or other business
organization, be actively engaged in or concerned with any other duties or
pursuits of a business nature which interfere with the performance of his
duties hereunder, or which, even if non-interfering, may be, in the
reasonable

<PAGE>

                                                                   Page 3 of 11

determination of the Board of Directors of the Company in its sole discretion,
inimical, or contrary, to the best interests of the Company.

          (c) All fees, compensation or commissions received by Executive
during the term of this Agreement for personal services (including, but not
limited to, commissions and compensation received as a fiduciary or a
director, and fees for lecturing and teaching) rendered at the request of the
Company shall be paid to the Company when received by Executive, except those
fees that the Board of Directors determines may be kept by Executive.

          (d) Nothing in this Section 6 or elsewhere in this Agreement shall
be construed to prevent Executive from investing or trading in
non-conflicting investments as he sees fit for his own account, including
real estate, stocks, bonds, securities, commodities or other forms of
investments.

          (e) The principal location at which the Executive shall perform his
duties hereunder shall be at the Company's offices in Iselin, New Jersey or
at such other location as may be designated from time to time by the Board of
Directors of the Company, provided that if the principal location of
Executive's duties is transferred from Iselin, New Jersey, the new principal
location of Executive's duties shall not be transferred beyond a 50-mile
radius of Iselin, New Jersey without Executive's consent. Notwithstanding the
foregoing, Executive shall perform such services at such other locations as
may be required from the proper performance of his duties hereunder, and
Executive recognizes that such duties may involve significant travel.

7.       TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION.

         (a) Executive's employment hereunder may be terminated at any time upon
written notice from the Company to Executive:

                  (i)      upon the determination by the Board of Directors,
                           after Executive has received notice that his
                           performance is not satisfactory for any reason which
                           would not constitute justifiable cause (as defined in
                           7(d)) and which notice specifies with reasonable
                           particularity how such performance is not
                           satisfactory, that Executive has failed to remedy
                           such performance to the reasonable satisfaction of
                           the Board of Directors within thirty (30) days of
                           such notice; or

                  (ii)     upon the determination by the Board of Directors that
                           there is justifiable cause (as defined in 7(d)) for
                           such termination and upon ten (10) days' prior
                           written notice of same to Executive.

<PAGE>

                                                                   Page 4 of 11

         (b)      Executive's employment shall terminate upon:

                  (i)      the death of Executive; or

                  (ii)     the "disability" of Executive (as defined in 7(c))
                           pursuant to 7(f) hereof.

         (c) For the purposes of this Agreement, the term "disability" shall
mean the inability of Executive, due to illness, accident or any other physical
or mental incapacity, substantially to perform his duties for a period of three
(3) consecutive months or for a total of six (6) months (whether or not
consecutive) in any twelve (12) month period during the term of this Agreement,
as reasonably determined by the Board of Directors of the Company in its sole
discretion after examination of Executive by an independent physician reasonably
acceptable to Executive.

         (d) For the purposes hereof, the term "justifiable cause" shall mean
and be limited to:

                  (i)      Executive's conviction (which, through lapse of time
                           or otherwise, is not subject to appeal) of any crime
                           or offense involving the Company's or its
                           subsidiaries' money or other property or which
                           constitutes a felony in the jurisdiction involved;

                  (ii)     Executive's performance of any act or his failure to
                           act, for which it is determined by independent
                           counsel retained by the Board of Directors (which
                           counsel shall not be an individual or firm which at
                           any time within the prior three (3) years has
                           represented the Company, any executive employed by
                           the Company, the Board of Directors or any individual
                           Director), after due inquiry in which Executive is
                           given the opportunity to be heard and represented by
                           counsel, that if Executive were prosecuted, a crime
                           or offense involving money or property of the Company
                           or its subsidiaries, or which would constitute a
                           felony in the jurisdiction involved, would have
                           occurred and Executive would, in all reasonable
                           probability, be convicted; provided, however, that if
                           such independent counsel does not make such
                           determination, then the Company shall pay Executive's
                           reasonable counsel fees and expenses incurred in
                           defending Executive during such inquiry;

                  (iii)    any disclosure which has not been authorized or
                           subsequently ratified by the Company or which is not
                           required to be made pursuant to any judicial
                           proceeding or by statute or regulation, by Executive
                           to any person, firm or corporation other than the
                           Company, its subsidiaries and its and their
                           directors, officers and

<PAGE>

                                                                   Page 5 of 11

                           employees, of any confidential information or trade
                           secret of the Company or any of its subsidiaries;

                  (iv)     any attempt by Executive to secure any improper
                           personal profit in connection with the business of
                           the Company or any of its subsidiaries; or

                  (v)      Executive's repeated and willful failure to comply
                           with his duties under 6(a) or 6(b) (other than
                           failure to comply with instructions or policies which
                           are illegal or improper) where such conduct shall not
                           have ceased or been cured within thirty (30) days
                           following receipt by Executive of written warning
                           from the Board of Directors.

Upon termination of Executive's employment for justifiable cause, this Agreement
shall terminate immediately and Executive shall not be entitled to any amounts
or benefits hereunder other than such portion of Executive's annual salary as
has been accrued through the date of his termination of employment and
reimbursement of expenses pursuant to Section 4 hereof.

          (e) If Executive shall die during the term of his employment
hereunder, this Agreement shall terminate immediately. In such event, the
estate of Executive shall thereupon be entitled to receive such portion of
Executive's annual salary as has been accrued through the date of his death
and such bonus, if any, as the Board of Directors in its sole discretion may
determine to award taking into account Executive's contributions to the
Company prior to his death. If Executive's death shall occur while he is on
Company business, the estate of Executive shall be entitled to receive, in
addition to the other amounts set forth in this subsection (e), an amount
equal to one-half of his then annual salary.

          (f) Upon Executive's "disability", the Company shall have the right
to terminate Executive's employment. Notwithstanding any inability to perform
his duties, Executive shall be entitled to receive his compensation
(including bonus, if any) as provided herein until he begins to receive
long-term disability insurance benefits under the policy provided by the
Company pursuant to Section 5 hereof (the period during which Executive
continues to receive his compensation hereunder being the "Transition
Period"). During the Transition Period, the Company shall (i) allow Executive
to participate in the Company's 401k plan to the extent permitted by such
plan and (ii) at Company's expense and to the same extent that Executive had
participated, prior to termination of his employment, in the Company's health
insurance, dental insurance, life insurance and disability insurance
programs, continue Executive's participation in such programs. Any
termination pursuant to this subsection (f) shall be effective on the date
thirty (30) days after which Executive shall have received written notice of
the Company's election to terminate.

<PAGE>

                                                                   Page 6 of 11

         (g) Notwithstanding any provision to the contrary contained herein, in
the event that Executive's employment is terminated by the Company at any time
for any reason other than justifiable cause, disability or death, or in the
event the Company shall fail to renew this Agreement:

                  (i)      each month during the Severance Period, the Company
                           shall pay to Executive, in full satisfaction and in
                           lieu of any and all other payments due and owing to
                           Executive under the terms of this Agreement (other
                           than any payments constituting reimbursement of
                           expenses pursuant to Section 4 hereof), an amount
                           equal to one-twelfth of the sum of his then annual
                           salary plus the amount of the last bonus awarded to
                           Executive (less all amounts, if any, required to be
                           withheld), payable bi-weekly;

                           (A)      The "Severance Period" shall commence on the
                                    date of termination and shall comprise one
                                    month for each month that Executive was
                                    employed by Company, provided however, that
                                    in no event shall such period be less than
                                    six (6) months nor more than twelve (12)
                                    months.

                  (ii)     Executive shall have a right to exercise any options
                           which are exercisable as of the date of termination
                           at any time during a period of six (6) months
                           following the effective date of termination;

                  (iii)    the Company shall continue to allow Executive to
                           participate in the Company's 401k plan to the extent
                           permitted by such plan for twelve (12) months
                           following the effective date of termination; and

                  (iv)     the Company shall continue to allow Executive to
                           participate, at the Company's expense and to the same
                           extent that Executive had participated prior to
                           termination of his employment, in the Company's
                           health insurance, dental insurance, life insurance
                           and disability insurance programs, to the extent
                           permitted under such programs, until the earlier of
                           the expiration of the Severance Period or until such
                           time as Executive becomes eligible to participate in
                           another employer's group health, dental and
                           disability insurance plans; provided, however, that
                           Executive shall notify the Company of his acceptance
                           of a position with a new employer, together with the
                           specific date on which Executive shall become
                           eligible for coverage in such new employer's health,
                           dental, life and disability insurance programs, such
                           notice to be given within fifteen (15) days following
                           commencement of such employment.

<PAGE>

                                                                   Page 7 of 11

         (h) Executive may terminate his employment at any time upon thirty (30)
days' prior written notice to the Company. Upon Executive's termination of his
employment hereunder, this Agreement (other than Sections 4, 7, 10, 11, 12 and
13, which shall survive) shall terminate immediately. In such event, Executive
shall be entitled to receive such portion of Executive's annual salary as has
been accrued to date. Executive shall be entitled to reimbursement of expenses
pursuant to Section 4 hereof and to participate in the Company's benefit plans
to the extent participation by former employees is required by law or permitted
by such plans, with the expense of such participation to be specified in such
plans for former employees.

8.       REPRESENTATIONS AND AGREEMENTS OF EXECUTIVE.

         (a) Executive represents and warrants that he is free to enter into
this Agreement and to perform the duties required hereunder, and that there are
no employment contracts or understandings, restrictive covenants or other
restrictions, whether written or oral, preventing the performance of his duties
hereunder or requiring him to perform employment, consulting, business related
or similar duties for any other person.

         (b) Executive agrees to submit to a medical examination and to
cooperate and supply such other information and documents as may be required by
any insurance company in connection with the Company's obtaining life insurance
on the life of Executive, and any other type of insurance or fringe benefit as
the Company shall determine from time to time to obtain.

9.       REPRESENTATIONS OF COMPANY.

         The Company represents and warrants that the Board of Directors has
consented to the Company entering into this Agreement with Executive on the
terms set forth herein and that all written consents, resolutions and approvals
required to give full force and effect to this Agreement and to the Company's
obligations hereunder have been obtained.

10.      NON-INTERFERENCE.

         Executive agrees that for a period of one year following the
termination of Executive's employment hereunder, Executive shall not, directly
or indirectly, request or cause collaborative partners, universities,
governmental agencies, contracting parties, suppliers or customers with whom the
Company or any of its subsidiaries has a business relationship to cancel or
terminate any such business relationship with the Company or any of its
subsidiaries or solicit, interfere with or entice from the Company any employee
(or former employee) of the Company.

<PAGE>

                                                                   Page 8 of 11

11.      INVENTIONS AND DISCOVERIES.

          (a) Insofar as is related to the principal business activities and
products of the Company and any of its subsidiaries or joint ventures,
Executive shall promptly and fully disclose to the Company, and with all
necessary detail for a complete understanding of the same, all developments,
know-how, discoveries, inventions, improvements, concepts, ideas, writings,
formulae, processes and methods of a financial or other nature (whether
copyrightable, patentable or otherwise) made, received, conceived, acquired
or written during working hours, or otherwise, by Executive (whether or not
at the request or upon the suggestion of the Company) during the period of
his employment with, or rendering of advisory or consulting services to, the
Company or any of its subsidiaries, solely or jointly with others
(collectively the "Subject Matter").

          (b) Executive hereby assigns and transfers, and agrees to assign
and transfer, to the Company, all his rights, title and interest in and to
the Subject Matter, and Executive further agrees to deliver to the Company
any and all drawings, notes, specifications and data relating to the Subject
Matter, and to execute, acknowledge and deliver all such further papers,
including applications for copyrights or patents, as may be necessary to
obtain copyrights and patents for any thereof in any and all countries and to
vest title thereto to the Company. Executive shall assist the Company in
obtaining such copyrights or patents during the term of this Agreement, and
any time thereafter on reasonable notice and at mutually convenient times,
and Executive agrees to testify in any prosecution or litigation involving
any of the Subject Matter; provided, however, that Executive shall be
compensated in a timely manner at the rate of $250.00 per hour (with a
minimum of $1500 per day), plus out-of-pocket expenses incurred in rendering
such assistance or giving or preparing to give such testimony if it is
required of his employment hereunder.

12.      NON-DISCLOSURE OF CONFIDENTIAL INFORMATION.

          (a) Executive shall not, during the term of this Agreement, or at
any time following termination of this Agreement, directly or indirectly,
disclose or make accessible (other than as is required in the regular course
of his duties, including, without limitation, disclosures to the Company's
advisors and consultants), or as may be required by law or regulation or
pursuant to a judicial proceeding (in which case Executive shall give the
Company prior written notice of such required disclosure) or with the prior
written consent of the Board of Directors of the Company), to any person,
firm or corporation, any confidential information acquired by him during the
course of, or as an incident to, his employment or the rendering of his
advisory or consulting services hereunder, relating to the Company or any of
its subsidiaries, or any corporation, partnership or other entity owned or
controlled, directly or indirectly, by any of the foregoing, or in which any
of the foregoing has a beneficial interest, including, but not limited to,
the business affairs of each of the foregoing. Such confidential information
shall include, but shall not be limited to, proprietary technology, trade
secrets, patented processes, research and development data, know-how, market
studies and forecasts,

<PAGE>

                                                                   Page 9 of 11

competitive analyses, pricing policies, employee lists, personnel policies, the
substance of agreements with customers and others, marketing or dealership
arrangements, servicing and training programs and arrangements, customer lists
and any other documents embodying such confidential information. This
confidentiality obligation shall not apply to any confidential information which
thereafter becomes publicly available other than pursuant to a breach of this
Section 12(a) by Executive.

          (b) All information and documents relating to the Company and its
affiliates as hereinabove described shall be the exclusive property of the
Company, and Executive shall use commercially reasonable best efforts to
prevent any publication or disclosure thereof. Upon termination of
Executive's employment with the Company, all such documents, records,
reports, writings and other similar documents containing confidential
information, including copies thereof, then in Executive's possession or
control shall be returned and left with the Company.

13.      SPECIFIC PERFORMANCE.

         Executive agrees that if he breaches, or threatens to commit a breach
of, any of the provisions of Sections 10, 11 or 12 (the "Restrictive
Covenants"), the Company shall have, in addition to, and not in lieu of, any
other rights and remedies available to the Company under law and in equity, the
right to have the Restrictive Covenants specifically enforced by any court of
competent jurisdiction, it being agreed that any breach or threatened breach of
the Restrictive Covenants would cause irreparable injury to the Company and that
money damages would not provide an adequate remedy to the Company.
Notwithstanding the foregoing, nothing herein shall constitute a waiver by
Executive of his right to contest whether a breach or threatened breach of any
Restrictive Covenant has occurred.

14.      AMENDMENT OR ALTERATION.

         No amendment or alteration of the terms of this Agreement shall be
valid unless made in writing and signed by both of the parties hereto.

15.      GOVERNING LAW.

         This Agreement shall be governed by the laws of the State of New Jersey
applicable to agreements made and to be performed entirely therein.

16.      SEVERABILITY.

         The holding of any provision of this Agreement to be invalid or
unenforceable by a court of competent jurisdiction shall not affect any other
provision of this Agreement, which shall remain in full force and effect.

<PAGE>

                                                                  Page 10 of 11

17.      NOTICES.

         Any notices required or permitted to be given hereunder shall be
sufficient if in writing, and if delivered by hand, or sent by certified mail,
return receipt requested, to the addresses set forth above or such other address
as either party may from time to time designate in writing to the other, and
shall be deemed given as of the date of the delivery or date of receipt.

18.      WAIVER OR BREACH.

         It is agreed that a waiver by either party of a breach of any provision
of this Agreement shall not operate, or be construed, as a waiver of any
subsequent breach by that same party.

19.      ENTIRE AGREEMENT AND BINDING EFFECT.

         This Agreement contains the entire agreement of the parties with
respect to the subject matter hereof and shall be binding upon and inure to the
benefit of the parties hereto and their respective legal representatives, heirs,
distributors, successors and assigns. Notwithstanding the foregoing, any prior
agreements between Executive and the Company relating to the confidentiality of
information, trade secrets, patents, indemnification, and stock options shall
not be affected by this Agreement.

20.      SURVIVAL.

         The termination of Executive's employment hereunder or the expiration
of this Agreement shall not affect the enforceability of Sections 4, 7, 9, 10,
11, 12 and 13 hereof.

21.      FURTHER ASSURANCES.

         The parties agree to execute and deliver all such further documents,
agreements and instruments and take such other and further action as may be
necessary or appropriate to carry out the purposes and intent of this Agreement.

22.      HEADINGS.

         The Section headings appearing in this Agreement are for the purposes
of easy reference and shall not be considered a part of this Agreement or in any
way modify, demand or affect its provisions.

<PAGE>

                                                                  Page 11 of 11

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date and year first above written.

                                     BIO-TECHNOLOGY GENERAL CORP.

                                     By:    /s/ Sim Fass
                                         ---------------------------------------
                                              Sim Fass, Chairman and CEO

                                     Date:  March 14, 2001
                                          --------------------------------------

                                                  /s/ Bernard Tyrrell
                                     -------------------------------------------
                                                      Bernard Tyrrell

                                     Date:   March 2, 2001
                                           -------------------------------------<PAGE>

                                                                    EXHIBIT 10.1

                     FIRST AMENDMENT TO EMPLOYMENT AGREEMENT

         THIS FIRST AMENDMENT to that certain Employment Agreement ("ORIGINAL
AGREEMENT") dated as of December 11, 2000 by and among CTN Media Group, Inc., a
Delaware corporation (the "COMPANY"), and Thomas A. Rocco ("EXECUTIVE"); is made
as of the 10th day of January, 2001 (the "EFFECTIVE DATE") between the Company,
Executive and U-C Holdings, LLC ("HOLDINGS").

                              W I T N E S S E T H:

         WHEREAS, the Company desires to change the title and duties of
Executive and Executive is willing to make such change, in accordance with the
terms and conditions set forth herein.

         NOW THEREFORE, in consideration for ten dollars ($10.00) in hand paid
by the Company to Executive and for other good and valuable consideration, the
receipt and sufficiency which are hereby acknowledged, the parties hereto hereby
agrees as follows:

         1. All defined terms in the Original Agreement shall have the same
meaning herein unless the context requires otherwise or unless redefined herein.

         2. Section 2(a) of the Original  Agreement is amended by deleting the
section in its entirety and  replacing it with the following:

                  "2.      POSITION AND DUTIES.

                           "(a) During the Employment Period, Executive shall
                  serve as the President of the Company and shall have such
                  duties, responsibilities and authority of such position
                  subject to the direction of the Company's Chairman of the
                  Board, Executive Officers of the Company, and board of
                  directors (the "BOARD")."

         3. In addition to the compensation paid to Employee pursuant to Section
3 of the Original Agreement, on the Effective Date of this Amendment Executive
will be granted options to purchase 50,000 shares of common stock of the
Company. The options will vest over three years, with immediate vesting upon a
Change of Control of the Company. The grant of such options is subject to the
approval of the Board.

         4. The Original Agreement is hereby amended by adding the following
Sections 4.A, 4.B and 4.C after the end of Section 4:

                  "4.A.    VESTING OF EXECUTIVE SECURITIES.

                           "(a) In addition to all sums payable to Executive
                  pursuant to paragraph 3 above, Executive shall receive from
                  Holdings, as of January 10, 2001 (the "EFFECTIVE DATE"), Two
                  Hundred (200) Class A Management Units at purchase price of
                  $200.00. In the event that the
<PAGE>

                  Company achieves the sales revenue goals for Network Revenue
                  and Magazine Revenue for Fiscal 2001 set forth on EXHIBIT A
                  attached hereto, Executive shall receive from Jason Elkin an
                  additional fifty (50) Class A Management Units at a purchase
                  price of $50.00.

                           (b) Notwithstanding anything herein to the contrary,
                  the purchase of the Management Units by Executive and the
                  issuance of the Management Units by Holdings shall be subject
                  to the repurchase of 334 Class A Management Units by Holdings
                  from Martin Grant. Vesting of the Management Units shall
                  commence as of the date hereof.

                           (c) Except as otherwise provided in paragraph 4.B(c)
                  below, the Management Units will become vested, over the 24
                  month period after the date hereof, in equal proportions on
                  each anniversary date of the Effective Date if, as of such
                  anniversary date, Executive is employed by Company (I.E. 50%
                  upon the completion of each 12 month period following the
                  Effective Date).

                           (d) Upon a Sale of the Company or a Sale of Holdings,
                  all of the Management Units, which have not yet become vested
                  shall become vested at the time of such event. All of the
                  Management Units which have become vested pursuant to this
                  paragraph 4.A are referred to herein as "Vested Executive
                  Securities," and all unvested Management Units are referred to
                  herein as "Unvested Executive Securities."

                  4.B.     REPURCHASE OPTION.

                           (a) GENERAL REPURCHASE OPTION. Upon the occurrence of
                  the Termination Date the Executive Securities (whether held by
                  Executive or one or more of Executive's Permitted Transferees)
                  shall be subject to repurchase by Holdings pursuant to the
                  terms and conditions set forth in this paragraph 6 (the
                  "REPURCHASE OPTION"). The date on which Executive ceases to be
                  employed by the Company for any reason, is referred to herein
                  as the "Termination Date."

                           (b) TERMINATION FOR DEATH OR DISABILITY. Subject to
                  paragraph 4.B(h) below, the purchase price for the Unvested
                  Executive Securities on the Termination Date if Executive is
                  terminated for death, permanent disability or without Cause
                  will be the Executive's Original Cost; and the purchase price
                  for the Vested Executive Securities shall be the Fair Market
                  Value for such Vested Executive Securities, as of the date of
                  termination.

                           (c) TERMINATION FOR CAUSE OR RESIGNATION. Subject to
                  paragraph 4.B(h) below, the purchase price for all Executive
                  Securities if Executive is terminated for Cause or he resigns
                  shall be the Executive's Original Cost.

                           (d) REPURCHASE OPTION. As set forth above, Holdings
                  may elect to purchase the applicable Executive Securities by
                  delivering written

                                      -2-

<PAGE>

                  notice (the "HOLDINGS REPURCHASE NOTICE") to the holder or
                  holders of such Executive Securities within 90 days after the
                  Termination Date. The Repurchase Notice will set forth the
                  number of such Executive Securities to be acquired from each
                  holder, the aggregate consideration to be paid for such
                  Executive Securities and the time and place for the closing of
                  the transaction. The number of such Executive Securities to be
                  repurchased by Holdings shall first be satisfied to the extent
                  possible from the Unvested Executive Securities held by
                  Executive at the time of delivery of the Repurchase Notice. If
                  the number of such Executive Securities then held by Executive
                  is less than the total number of Executive Securities Holdings
                  has elected to purchase, Holdings shall purchase the remaining
                  Executive Securities elected to be purchased from the other
                  holder(s) of such Executive Securities under this paragraph
                  4.B, pro rata according to the number of such Executive
                  Securities held by such other holder(s), respectively, at the
                  time of delivery of the Repurchase Notice (determined as
                  nearly as practicable to the nearest unit or other applicable
                  denomination).

                           (e) CLOSING. Subject to paragraph 4.B(g) below, the
                  closing of the purchase of the applicable Executive Securities
                  pursuant to the Repurchase Option shall take place on the date
                  designated by Holdings in the Repurchase Notice, which date
                  shall not be more than 60 days nor less than five days after
                  the later of (i) the delivery of such notice(s) or (ii) the
                  Fair Market Valuation Date. Payment for such Executive
                  Securities to be purchased pursuant to the Repurchase Option
                  shall be made by Holdings in four (4) equal installments, the
                  first installment payable on the closing of such purchase, the
                  second payable four (4) months after the closing, the third
                  payable eight (8) months after the closing and the fourth
                  payable twelve (12) months after the closing, each such
                  payment made by check or wire transfer of funds, at the option
                  of Holdings. Notwithstanding anything to the contrary
                  contained in this Agreement, Holdings may withdraw their
                  Repurchase Notice at any time prior to the closing of a
                  purchase of such Executive Securities pursuant to the
                  Repurchase Option.

                           (f) TERMINATION OF REPURCHASE OPTION. The right of
                  Holdings to repurchase Executive Securities pursuant to this
                  paragraph 4.B shall terminate upon the first to occur of (i)
                  the Sale of Holdings, or (ii) the Sale of the Company. The
                  Repurchase Option set forth in this paragraph 4.B will
                  continue with respect to such Executive Securities following
                  any transfer thereof other than a transfer to Holdings.

                           (g) REPURCHASE RESTRICTIONS. Notwithstanding anything
                  to the contrary contained in this Agreement, all repurchases
                  of Executive Securities by Holdings shall be subject to
                  applicable restrictions contained in the General Corporate Law
                  of the State of Delaware. If any such restrictions prohibit
                  the repurchase of the Executive Securities hereunder which
                  Holdings is otherwise entitled or required to make, Holdings
                  may

                                      -3-
<PAGE>

                  make such repurchases as soon as it is permitted to do so
                  under such restrictions.

                           (h) SECTION 83(B) ELECTION. Within 30 days after
                  Executive purchases any Executive Securities from Holdings,
                  Executive shall make an effective election with the Internal
                  Revenue Service under Section 83(b) of the Internal Revenue
                  Code and the regulations promulgated thereunder.

                           (i) REPRESENTATIONS AND WARRANTIES. Executive hereby
                  represents, warrants, covenants and agrees that:

                                            (i) Executive has acquired the
                                    Management Units and the Holdings Warrant
                                    for investment for an indefinite period, not
                                    with a view to the sale or distribution of
                                    any part of all thereof by public or private
                                    sale or disposition.

                                            (ii) Executive has been advised that
                                    the Management Units, and the Holdings
                                    Warrant issuable hereunder have not been
                                    registered under the Securities Act or
                                    registered or qualified under any other
                                    securities law, on the ground, among others,
                                    that no distribution or public offering of
                                    the Management Units is to be effected and
                                    the Management Units and the Holdings
                                    Warrant issuable hereunder will be issued in
                                    connection with a transaction that does not
                                    involve any public offering within the
                                    meaning of Section 4(2) of the Securities
                                    Act, or the rules and regulations of the
                                    Securities and Exchange Commission and under
                                    comparable exemption provisions of the
                                    securities laws, rules and regulations of
                                    other jurisdictions. Executive understands
                                    that the Company and Holdings are relying in
                                    part on the Executive's representations as
                                    set forth herein for purposes of claiming
                                    such exemptions and that the basis for such
                                    exemptions may not be present if,
                                    notwithstanding Executive's representations,
                                    Executive has in mind merely acquiring
                                    Management Units and the Holdings Warrant
                                    issuable hereunder for resale on the
                                    occurrence or non-occurrence of some
                                    predetermined event. Executive has no such
                                    intention.

                                            (iii) Executive has such knowledge
                                    and experience in financial and business
                                    matters that Executive is capable of
                                    evaluating the merits and risks of an
                                    investment in the Management Units and the
                                    Holdings Warrant issuable hereunder and has
                                    the capacity to protect Executive's own
                                    interest in connection with Executive's
                                    proposed acquisition of the Management
                                    Units. Executive is an "Accredited Investor"
                                    as defined in Regulation D promulgated under
                                    the Securities Act.

                                      -4-

<PAGE>

                                            (iv) Executive acknowledges that
                                    Executive has been furnished with such
                                    financial and other information concerning
                                    the Company and Holdings as Executive
                                    considers necessary in connection with
                                    Executive's acquisition of the Management
                                    Units. Executive has carefully reviewed such
                                    information and is thoroughly familiar with
                                    the proposed business, operations,
                                    properties and financial condition of the
                                    Company and Holdings and has discussed with
                                    representatives of the Company and Holdings
                                    any questions the acquisition may have with
                                    respect thereto. Executive understands: (i)
                                    the risks involved in this offering,
                                    including the speculative nature of the
                                    investment; (ii) the financial hazards
                                    involved in this offering, including the
                                    risk of losing such Executive's entire
                                    investment; (iii) the lack of liquidity and
                                    restrictions on transfers of the Management
                                    Units and the Holdings Warrant; and (iv) the
                                    tax consequences of this investment.
                                    Executive has consulted with his own legal,
                                    accounting, tax, investment and other
                                    advisers with respect to the tax treatment
                                    of an investment by Executive in the
                                    Management Units and the merits and risks of
                                    an investment in the Management Units.

                                            (v) The execution, delivery and
                                    performance by Executive of this Agreement
                                    have been duly authorized by Executive. This
                                    Agreement constitutes a valid and binding
                                    obligation of Executive, enforceable in
                                    accordance with its terms, subject to
                                    applicable bankruptcy, insolvency and
                                    similar laws affecting creditors' rights and
                                    subject, as to enforceability, to general
                                    principles of equity (regardless of whether
                                    enforcement is sought in a proceeding in
                                    equity or at law).

                                            (vi) Executive understands that the
                                    Management Units and the Holdings Warrant
                                    will be "restricted securities" as the term
                                    is defined in Rule 144 under the Securities
                                    Act, that the Management Units and the
                                    Holdings Warrant must be held indefinitely
                                    unless they are subsequently registered
                                    under the Securities Act and qualified under
                                    any other applicable securities law or
                                    exemption from such registration and
                                    qualification are available. Executive
                                    understands that Holdings is under no
                                    obligation to register or qualify the
                                    Management Units or the Holdings Warrant
                                    under the Securities Act, or any other
                                    securities law.

                                            (vii) Executive agrees to be bound
                                    by the terms, conditions, obligations,
                                    covenants and restrictions of the LLC
                                    Agreement and by the execution of this
                                    Agreement Executive shall become, and the
                                    Managing Member of the LLC does hereby admit
                                    Executive as, a "Member" and "Management
                                    Holder" of Holdings.

                                      -5-

<PAGE>

                  4.C.     DEFINITIONS.

                           ""EXECUTIVE SECURITIES" mean: (i) any Management
                  Units acquired by Executive whether vested or unvested, and
                  (ii) any equity or debt securities issued or issuable directly
                  or indirectly with respect to the Executive Securities
                  referred to in clauses (i) above by any of a conversion,
                  split, distribution or dividend or in connection with a
                  combination of securities, recapitalization, merger,
                  consolidation or other reorganization. Executive Securities
                  shall continue to be Executive Securities in the hands of any
                  holder thereof (other than Holdings or any of its members).

                           ""FAIR MARKET VALUATION DATE" with respect to any
                  Executive Securities means the date on which its Fair Market
                  Value is finally determined pursuant to the definition of
                  "Fair Market Value.

                           ""FAIR MARKET VALUE" of the Management Units means
                  the Fair Market Value as shall be determined jointly in good
                  faith by Holdings and Executive; provided that if Holdings and
                  Executive cannot so agree, then such value shall be determined
                  by an independent investment banking firm of national or
                  regional reputation utilizing valuation techniques then
                  commonly used for the valuation of such investment interests,
                  which investment banking firm will be jointly selected by
                  Holdings and Executive in good faith, or if such parties
                  cannot agree on an investment banking firm, then such value
                  shall be determined by an investment banking firm selected by
                  a lot from a group of six firms possessing the above described
                  qualifications (three of whom shall be selected by Holdings
                  and three of whom shall be selected by Executive) from which
                  one firm designated as objectionable by each of Holdings and
                  Executive shall be eliminated (in either case, the investment
                  banking firm's determination shall be conclusive). The expense
                  of any such appraisal shall be borne equally by the parties.
                  In determining the Fair Market Value of the Management Units
                  to be purchased pursuant to he exercise of the Repurchase
                  Option, the parties or the investment bank, as the case may
                  be, shall use the average of the thirty (30) day trading price
                  of Common Stock of the Company as a partial determining
                  factor, taking into account the limitations, restrictions and
                  payment preferences of the Management Units. References in
                  this definition to Executive shall mean Executive's personal
                  representative if he is deceased or incapacitated.

                           ""INVESTOR UNITS" shall have the meaning ascribed in
                  the LLC Agreement.

                           ""LLC AGREEMENT" shall mean the Fourth Amended and
                  Restated Limited Liability Company Agreement of U-C Holdings,
                  L.L.C. dated August 31, 1999, as amended from time to time.

                                      -6-

<PAGE>

                           ""MANAGEMENT UNITS" shall have the meaning ascribed
                  to it in the LLC Agreement.

                           ""ORIGINAL COST" of the Executive Securities will be
                  the price per such security paid by Executive pursuant to this
                  Agreement or otherwise (in each case, as proportionately
                  adjusted for all subsequent security splits, security
                  dividends, security distributions and other recapitalizations
                  affecting the Executive Securities). The initial Original Cost
                  of the Executive Securities issuable to Executive pursuant to
                  paragraph 4.A(a) herein shall be $1.00 per Management Unit.

                           ""SALE OF COMPANY" shall mean the sale of
                  substantially all of the stock of Company held by Holdings or
                  the sale of all or substantially all of the assets of Company.

                           ""SALE OF HOLDINGS" shall mean the sale of
                  substantially all of the equity interest of Holdings or the
                  sale of all or substantially all the assets of Holdings in
                  Company.

                           ""SECURITIES ACT" means the Securities Act of 1933,
                  as amended from time to time."

         5.       Except as specifically amended by this Amendment, the Original
Agreement shall remain in full force and effect as prior to this Amendment.

         6.       This Agreement will be governed by the internal law, and not
the laws of conflicts, of the State of Georgia.

         7.       This Agreement may be executed in separate counterparts, each
of which to be an original and all of which taken together constitute one and
the same agreement.

                     [SIGNATURES APPEAR ON FOLLOWING PAGE.]

                                      -7-
<PAGE>

IN WITNESS WHEREAS, the parties have executed this Agreement as of the date
first above written.

                              CTN MEDIA GROUP, INC.

                              By: /s/
                                 -----------------------------------------------
                              Its:
                                 -----------------------------------------------

                              U-C HOLDINGS, L.L.C.

                              By: WILLIS STEIN & PARTNERS, L.P.
                              Its: Managing Member

                                             By: Willis Stein & Partners, L.L.C.
                                             Its: General Partner

                              By: /s/ DANIEL M. GILL
                                 -----------------------------------------------
                                      Daniel M. Gill
                                      Its: Managing Director

                                  /s/ THOMAS A. ROCCO
                                  ----------------------------------------------
                                 THOMAS A. ROCCO

AGREED AND CONSENTED
AS TO PARAGRAPH 4.A(a) BY:

/s/ JASON ELKIN
----------------------------------------------
Jason Elkin, Individually

                                      -8-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}]]