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  Exhibit 10.8    
    

FALCON
N730LM 

 
 

  AIRCRAFT TIME SHARING AGREEMENT    
    

        This Aircraft Time Sharing Agreement ("Agreement") is effective as of the            day
of                        , 2011 ("Effective
Date"), by and between Liberty Splitco, Inc., with an address of 12300 Liberty Boulevard, Englewood, Colorado 80112 ("Lessor"), and Liberty Media LLC, with an address of 12300 Liberty
Boulevard, Englewood, Colorado 80112 ("Lessee"). 

RECITALS

        WHEREAS,
Lessor is the owner of that certain Dassault Falcon 900EX aircraft, bearing manufacturer's serial number 101 (the "Aircraft"), currently registered with the Federal
Aviation Administration ("FAA") as N730LM; 

        WHEREAS,
Lessor employs a fully qualified flight crew to operate the Aircraft; 

        WHEREAS,
Lessor desires to lease the Aircraft to Lessee and to provide a fully qualified flight crew for all operations on a periodic, non-exclusive time sharing basis, as
defined in Section 91.501(c)(1) of the Federal Aviation Regulations ("FAR"); and 

        WHEREAS,
the use of the Aircraft by Lessee shall at all times be pursuant to and in full compliance with the requirements of FAR Sections 91.501(b)(6), 91.501(c)(1) and 91.501(d). 

        NOW,
THEREFORE, in consideration of the mutual promises and considerations contained in this Agreement, the parties agree as follows: 

        1.     Lessor
agrees to lease the Aircraft to Lessee on a periodic, non-exclusive basis, and to provide a fully qualified flight crew for all operations, pursuant
and subject to the provisions of FAR Section 91.501(c)(1) and the terms of this Agreement. The parties expressly acknowledge and agree that, regardless of any employment, contractual or other
relationship of any kind or nature, at all times that the Aircraft is operated under this Agreement, Lessor, as the party furnishing the Aircraft and flight crew and exercising complete control over
all phases of aircraft operation, shall be deemed to have operational control of the Aircraft as such term is defined in 14 C.F.R. Section 1.1. This Agreement will commence on the Effective
Date and continue until the first anniversary of the Effective Date. Thereafter, this Agreement shall be automatically renewed on a month-to-month basis, unless sooner
terminated by either party as hereinafter provided. Either party may at any time terminate this Agreement (including during the initial term) upon 30 days' prior written notice to the other
party. 

        2.     Lessee
shall pay Lessor an amount equal to 200% of the actual expenses for fuel for each flight conducted under this Agreement, as permitted by FAR
Section 91.501(d) (the "Time Sharing Charge"). For clarification, in no event shall the Time Sharing Charge paid by Lessee exceed those charges specifically permitted in FAR
Section 91.501(d), which are as follows: 

	(a)
	Fuel,
oil, lubricants, and other additives;

	(b)
	Travel
expenses of the crew, including food, lodging and ground transportation;

	(c)
	Hangar
and tie down costs away from the Aircraft's base of operation;

	(d)
	Insurance
obtained for the specific flight;

	(e)
	Landing
fees, airport taxes and similar assessments;

	(f)
	Customs,
foreign permit, and similar fees directly related to the flight;

	(g)
	In-flight
food and beverages;

	(h)
	Passenger
ground transportation; 

 

	(i)
	Flight
planning and weather contract services; and

	(j)
	An
additional charge equal to 100% of the expenses listed in subparagraph (a) of this paragraph. 

        3.     Lessor
will pay all expenses related to the operation of the Aircraft when incurred, and will bill Lessee on a monthly basis as soon as practicable after the last day of
each calendar month for the Time Sharing Charge for any and all flights for the account of Lessee pursuant to this Agreement during the preceding month. Lessee shall pay Lessor for all flights for the
account of Lessee pursuant to this Agreement within 30 days of receipt of the invoice therefor. If requested by Lessee, Lessor will provide Lessee with a detailed accounting of the expenses
composing the Time Sharing Charge for each flight for the account of Lessee pursuant to this Agreement. Without limiting the foregoing, amounts payable by Lessee to Lessor under this Agreement may
include any federal excise tax that may be imposed under Internal Revenue Code Section 4261 or any similar excise taxes, if any. 

        4.     Lessee
will provide Lessor with requests for flight time and proposed flight schedules as far in advance of any given flight as possible, and in any case, at least
24 hours in advance of Lessee's planned departure unless Lessor otherwise agrees. Requests for flight time shall be in a form, whether written or oral, mutually convenient to, and agreed upon
by the parties. In addition to the proposed schedules and flight times, Lessee shall provide at least the following information for each proposed flight at some time prior to scheduled departure as
required by Lessor or Lessor's flight crew: 

	(a)
	proposed
departure point;

	(b)
	destinations;

	(c)
	date
and time of flight;

	(d)
	the
number of anticipated passengers;

	(e)
	the
identity of each anticipated passenger;

	(f)
	the
nature and extent of luggage and/or cargo to be carried;

	(g)
	the
date and time of return flight, if any; and

	(h)
	any
other information concerning the proposed flight that may be pertinent or required by Lessor or Lessor's flight crew. 

        5.     Lessor
shall have sole and exclusive authority over the scheduling of the Aircraft, including any limitations on the number of passengers on any flight; provided,
however, that Lessor will use commercially reasonable efforts to accommodate Lessee's needs and to avoid conflicts in scheduling. 

        6.     As
between Lessor and Lessee, Lessor shall be solely responsible for securing maintenance, preventive maintenance and required or otherwise necessary inspections on the
Aircraft, and shall take such requirements into account in scheduling the Aircraft. No period of maintenance, preventative maintenance or inspection shall be delayed or postponed for the purpose of
scheduling the Aircraft, unless said maintenance or inspection can be safely conducted at a later time in compliance with all applicable laws and regulations, and within the sound discretion of the
pilot in command. The pilot in command shall have final and complete authority to cancel any flight for any reason or condition that in his judgment would compromise the safety of the flight. 

        7.     Lessor
shall employ, pay for and provide to Lessee a qualified flight crew for each flight undertaken under this Agreement. 

2

 

        8.     In
accordance with applicable FARs, the qualified flight crew provided by Lessor will exercise all of its duties and responsibilities in regard to the safety of each
flight conducted hereunder. Lessee specifically agrees that the flight crew, in its sole discretion, may terminate any flight, refuse to commence any flight or take other action which in the
considered judgment of the pilot in command is necessitated by considerations of safety. No such action of the pilot in command shall create or support any liability for loss, injury, damage or delay
to Lessee or any other person. The parties further agree that Lessor shall not be liable for delay or failure to furnish the Aircraft and crew pursuant to this Agreement when such failure is caused by
government regulation or authority, mechanical difficulty, war, civil commotion, strikes or labor disputes, weather conditions, or acts of God or any other event or circumstance beyond the reasonable
control of Lessor. 

        9.     (a)    At
all times during the term of this Agreement, Lessor shall cause to be carried and maintained, at Lessor's cost and expense, physical damage insurance
with respect to the Aircraft, third party aircraft liability insurance, passenger legal liability insurance, property damage liability insurance, and medical expense insurance in such amounts and on
such terms and conditions as Lessor shall determine in its sole discretion. Lessor shall also bear the cost of paying any deductible amount on any policy of insurance in the event of a claim or loss. 

        (b)   Any
policies of insurance carried in accordance with this Agreement: (i) shall name Lessee as an additional insured; (ii) shall contain a waiver by the
underwriter thereof of any right of subrogation against Lessee; and (iii) shall require the insurers to provide at least 30 days' prior written notice (or at least seven days' in the
case of any war-risk insurance) to Lessee if the insurers cancel insurance for any reason whatsoever; provided, however, that the insurers shall provide at least ten days' prior written
notice if the same is allowed to lapse for non-payment of premium. Each liability policy shall be primary without right of contribution from any other insurance that is carried by Lessee
or Lessor and shall expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured. 

        (c)   Lessor
shall obtain the approval of this Agreement by the insurance carrier for each policy of insurance on the Aircraft. If requested by Lessee, Lessor shall arrange
for a Certificate of Insurance evidencing the insurance coverage with respect to the Aircraft carried and maintained by Lessor to be given by its insurance carriers to Lessee or will provide Lessee
with a copy of such insurance policies. Lessor will give Lessee reasonable advance notice of any material modifications to insurance coverage relating to the Aircraft. 

        10.   (a) Lessee agrees that the proceeds of insurance will be Lessee's sole recourse against Lessor with respect to any claims that Lessee may have
under this Agreement, except in the event of gross negligence or willful misconduct by Lessor.

        (b)   THE PROVISIONS OF THIS SECTION 10 SHALL SURVIVE INDEFINITELY THE TERMINATION OR EXPIRATION OF THE AGREEMENT. 

        11.   Lessee
warrants that: 

        (a)   It
will not use the Aircraft for the purpose of providing transportation of passengers or cargo in air commerce for compensation or hire, for any illegal purpose, or in
violation of any insurance policies with respect to the Aircraft; 

        (b)   It
will refrain from incurring any mechanics, international interest, prospective international interest or other lien and shall not attempt to convey, mortgage, assign,
lease or grant or obtain an international interest or prospective international interest or in any way alienate the Aircraft or create any kind of lien or security interest involving the Aircraft or
do anything or take any action that might mature into such a lien; and 

3

 

        (c)   It
will comply with all applicable laws, governmental and airport orders, rules and regulations, as shall from time to time be in effect relating in any way to the
operation and use of the Aircraft under this Agreement. 

        12.   For
purposes of this Agreement, the permanent base of operation of the Aircraft shall be Centennial Airport, Englewood, Colorado. 

        13.   A
copy of this Agreement shall be carried in the Aircraft and available for review upon the request of the Federal Aviation Administration on all flights conducted
pursuant to this Agreement. 

        14.   Lessee
shall not assign this Agreement or its interest herein to any other person or entity without the prior written consent of Lessor, which may be granted or denied
in Lessor's sole discretion. Subject to the preceding sentence, this Agreement shall inure to the benefit of and be binding upon the parties hereto, and their respective heirs, representatives,
successors and assigns, and does not confer any rights on any other person. 

        15.   This
Agreement constitutes the entire understanding between the parties with respect to the subject matter hereof and supersedes any prior understandings and agreements
between the parties respecting such subject matter. This Agreement may be amended or supplemented and any provision hereof waived only by a written instrument signed by all parties. The failure or
delay on the part of any party to insist on strict performance of any of the terms and conditions of this Agreement or to exercise any rights or remedies hereunder shall not constitute a waiver of any
such provisions, rights or remedies. This Agreement may be executed in counterparts, which shall, singly or in the aggregate, constitute a fully executed and binding Agreement. Words of gender used in
this Agreement may be read as masculine, feminine or neuter as required by the context. Words of number may be read as singular or plural, as required by the context. The word "include" and
derivatives of that word are used in this Agreement in an illustrative sense rather than a limiting sense. The word "or" is not exclusive and shall be interpreted as meaning "and/or." The words
"shall" and "will" are used interchangeably and are intended to have the same meaning. Where applicable, this Agreement may be referred to as "this Lease." 

        16.   Except
as otherwise set forth in Section 4, all communications and notices provided for herein shall be in writing and shall become effective when delivered by
facsimile transmission or by personal delivery, Federal Express or other overnight courier or four days following deposit in the United States mail, with correct postage for first-class mail prepaid,
addressed to Lessor or Lessee at their respective addresses set forth above, or else as otherwise directed by the other party from time to time in writing. 

        17.   If
any one or more provisions of this Agreement shall be held invalid, illegal or unenforceable by a court of competent jurisdiction, the remaining provisions of this
Agreement shall be unimpaired, and the invalid, illegal or unenforceable provisions shall be replaced by a mutually acceptable provision, which, being valid, legal and enforceable, comes closest to
the intention of the parties underlying the invalid, illegal or unenforceable provision. To the extent permitted by applicable law, the parties hereby waive any provision of law, that renders any
provision of this Agreement prohibited or unenforceable in any respect. 

        18.   This
Agreement is entered into under, and is to be construed in accordance with, the laws of the State of Colorado, without reference to conflicts of laws. 

REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK 

4

 

        19.   TRUTH
IN LEASING STATEMENT UNDER FAR SECTION 91.23 

        THE
AIRCRAFT, A DASSAULT FALCON 900EX, MANUFACTURER'S SERIAL NO. 101, CURRENTLY REGISTERED WITH THE FEDERAL AVIATION ADMINISTRATION AS N730LM, HAS BEEN MAINTAINED AND INSPECTED UNDER FAR
PART 91 DURING THE 12 MONTH PERIOD PRECEDING THE DATE OF THIS LEASE. 

        THE
AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR OPERATIONS TO BE CONDUCTED UNDER THIS LEASE. DURING THE DURATION OF THIS LEASE, LIBERTY SPLITCO, INC., 12300
LIBERTY BOULEVARD, ENGLEWOOD, COLORADO 80112 IS CONSIDERED RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT UNDER THIS LEASE. 

        AN
EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. 

        THE
"INSTRUCTIONS FOR COMPLIANCE WITH TRUTH IN LEASING REQUIREMENTS" ATTACHED HERETO ARE INCORPORATED HEREIN BY REFERENCE. 

        LIBERTY
SPLITCO, INC., LOCATED AT 12300 LIBERTY BOULEVARD, ENGLEWOOD, COLORADO 80112, THROUGH ITS UNDERSIGNED AUTHORIZED SIGNATORY BELOW, CERTIFIES THAT LESSOR IS RESPONSIBLE FOR
OPERATIONAL CONTROL OF THE AIRCRAFT AND THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. 

        IN
WITNESS WHEREOF, the parties have executed this Agreement to be effective as of the date first above written. 

 

 

							
	 LESSOR	 	 LESSEE
	

LIBERTY SPLITCO, INC.	
 	
LIBERTY MEDIA LLC
	
 By:	
 	
 

 	
 	
By:	
 	
    

 
	
 Name:	
 	
 

 	
 	
Name:	
 	
    

 
	
 Title:	
 	
  

 	
 	
Title:	
 	
    

 

 

 

 
 

  INSTRUCTIONS FOR COMPLIANCE WITH "TRUTH IN LEASING"
  REQUIREMENTS    
    

	1.
	Mail
a copy of the lease to the following address via certified mail, return receipt requested, immediately upon execution of the lease (14 C.F.R. 91.23
requires that the copy be sent within 24 hours after it is signed): 

Federal
Aviation Administration

Aircraft Registration Branch

ATTN: Technical Section

P.O. Box 25724

Oklahoma City, Oklahoma 73125 

	2.
	Telephone
the nearest Flight Standards District Office at least 48 hours prior to the first flight under this lease.

	3.
	Carry
a copy of the lease in the aircraft at all times. 

FALCON N740LM 

 
 

  AIRCRAFT TIME SHARING AGREEMENT    
    

        This Aircraft Time Sharing Agreement ("Agreement") is effective as of the            day
of                        , 2011 ("Effective
Date"), by and between Liberty Splitco, Inc., with an address of 12300 Liberty Boulevard, Englewood, Colorado 80112 ("Lessor"), and Liberty Media LLC, with an address of 12300 Liberty
Boulevard, Englewood, Colorado 80112 ("Lessee"). 

RECITALS

        WHEREAS,
Lessor is the owner of that certain Dassault Falcon 900EX aircraft, bearing manufacturer's serial number 74 (the "Aircraft"), currently registered with the Federal
Aviation Administration ("FAA") as N740LM; 

        WHEREAS,
Lessor employs a fully qualified flight crew to operate the Aircraft; 

        WHEREAS,
Lessor desires to lease the Aircraft to Lessee and to provide a fully qualified flight crew for all operations on a periodic, non-exclusive time sharing basis, as
defined in Section 91.501(c)(1) of the Federal Aviation Regulations ("FAR"); and 

        WHEREAS,
the use of the Aircraft by Lessee shall at all times be pursuant to and in full compliance with the requirements of FAR Sections 91.501(b)(6), 91.501(c)(1) and 91.501(d). 

        NOW,
THEREFORE, in consideration of the mutual promises and considerations contained in this Agreement, the parties agree as follows: 

        1.     Lessor
agrees to lease the Aircraft to Lessee on a periodic, non-exclusive basis, and to provide a fully qualified flight crew for all operations, pursuant
and subject to the provisions of FAR Section 91.501(c)(1) and the terms of this Agreement. The parties expressly acknowledge and agree that, regardless of any employment, contractual or other
relationship of any kind or nature, at all times that the Aircraft is operated under this Agreement, Lessor, as the party furnishing the Aircraft and flight crew and exercising complete control over
all phases of aircraft operation, shall be deemed to have operational control of the Aircraft as such term is defined in 14 C.F.R. Section 1.1. This Agreement will commence on the Effective
Date and continue until the first anniversary of the Effective Date. Thereafter, this Agreement shall be automatically renewed on a month-to-month basis, unless sooner
terminated by either party as hereinafter provided. Either party may at any time terminate this Agreement (including during the initial term) upon 30 days' prior written notice to the other
party. 

        2.     Lessee
shall pay Lessor an amount equal to 200% of the actual expenses for fuel for each flight conducted under this Agreement, as permitted by FAR
Section 91.501(d) (the "Time Sharing Charge"). For clarification, in no event shall the Time Sharing Charge paid by Lessee exceed those charges specifically permitted in FAR
Section 91.501(d), which are as follows: 

	(a)
	Fuel,
oil, lubricants, and other additives;

	(b)
	Travel
expenses of the crew, including food, lodging and ground transportation;

	(c)
	Hangar
and tie down costs away from the Aircraft's base of operation;

	(d)
	Insurance
obtained for the specific flight;

	(e)
	Landing
fees, airport taxes and similar assessments;

	(f)
	Customs,
foreign permit, and similar fees directly related to the flight;

	(g)
	In-flight
food and beverages;

	(h)
	Passenger
ground transportation;

	(i)
	Flight
planning and weather contract services; and 

 

	(j)
	An
additional charge equal to 100% of the expenses listed in subparagraph (a) of this paragraph. 

        3.     Lessor
will pay all expenses related to the operation of the Aircraft when incurred, and will bill Lessee on a monthly basis as soon as practicable after the last day of
each calendar month for the Time Sharing Charge for any and all flights for the account of Lessee pursuant to this Agreement during the preceding month. Lessee shall pay Lessor for all flights for the
account of Lessee pursuant to this Agreement within 30 days of receipt of the invoice therefor. If requested by Lessee, Lessor will provide Lessee with a detailed accounting of the expenses
composing the Time Sharing Charge for each flight for the account of Lessee pursuant to this Agreement. Without limiting the foregoing,
amounts payable by Lessee to Lessor under this Agreement may include any federal excise tax that may be imposed under Internal Revenue Code Section 4261 or any similar excise taxes, if any. 

        4.     Lessee
will provide Lessor with requests for flight time and proposed flight schedules as far in advance of any given flight as possible, and in any case, at least
24 hours in advance of Lessee's planned departure unless Lessor otherwise agrees. Requests for flight time shall be in a form, whether written or oral, mutually convenient to, and agreed upon
by the parties. In addition to the proposed schedules and flight times, Lessee shall provide at least the following information for each proposed flight at some time prior to scheduled departure as
required by Lessor or Lessor's flight crew: 

	(a)
	proposed
departure point;

	(b)
	destinations;

	(c)
	date
and time of flight;

	(d)
	the
number of anticipated passengers;

	(e)
	the
identity of each anticipated passenger;

	(f)
	the
nature and extent of luggage and/or cargo to be carried;

	(g)
	the
date and time of return flight, if any; and

	(h)
	any
other information concerning the proposed flight that may be pertinent or required by Lessor or Lessor's flight crew. 

        5.     Lessor
shall have sole and exclusive authority over the scheduling of the Aircraft, including any limitations on the number of passengers on any flight; provided,
however, that Lessor will use commercially reasonable efforts to accommodate Lessee's needs and to avoid conflicts in scheduling. 

        6.     As
between Lessor and Lessee, Lessor shall be solely responsible for securing maintenance, preventive maintenance and required or otherwise necessary inspections on the
Aircraft, and shall take such requirements into account in scheduling the Aircraft. No period of maintenance, preventative maintenance or inspection shall be delayed or postponed for the purpose of
scheduling the Aircraft, unless said maintenance or inspection can be safely conducted at a later time in compliance with all applicable laws and regulations, and within the sound discretion of the
pilot in command. The pilot in command shall have final and complete authority to cancel any flight for any reason or condition that in his judgment would compromise the safety of the flight. 

        7.     Lessor
shall employ, pay for and provide to Lessee a qualified flight crew for each flight undertaken under this Agreement. 

2

 

        8.     In
accordance with applicable FARs, the qualified flight crew provided by Lessor will exercise all of its duties and responsibilities in regard to the safety of each
flight conducted hereunder. Lessee specifically agrees that the flight crew, in its sole discretion, may terminate any flight, refuse to commence any flight or take other action which in the
considered judgment of the pilot in command is necessitated by considerations of safety. No such action of the pilot in command shall create or support any liability for loss, injury, damage or delay
to Lessee or any other person. The parties further agree that Lessor shall not be liable for delay or failure to furnish the Aircraft and crew pursuant to this Agreement when such failure is caused by
government regulation or authority, mechanical difficulty, war, civil commotion, strikes or labor disputes, weather conditions, or acts of God or any other event or circumstance beyond the reasonable
control of Lessor. 

        9.     (a)    At
all times during the term of this Agreement, Lessor shall cause to be carried and maintained, at Lessor's cost and expense, physical damage insurance
with respect to the Aircraft, third party aircraft liability insurance, passenger legal liability insurance, property damage liability insurance, and medical expense insurance in such amounts and on
such terms and conditions as Lessor shall determine in its sole discretion. Lessor shall also bear the cost of paying any deductible amount on any policy of insurance in the event of a claim or loss. 

        (b)   Any
policies of insurance carried in accordance with this Agreement: (i) shall name Lessee as an additional insured; (ii) shall contain a waiver by the
underwriter thereof of any right of subrogation against Lessee; and (iii) shall require the insurers to provide at least 30 days' prior written notice (or at least seven days' in the
case of any war-risk insurance) to Lessee if the insurers cancel insurance for any reason whatsoever; provided, however, that the insurers shall provide at least ten days' prior written
notice if the same is allowed to lapse for non-payment of premium. Each liability policy shall be primary without right of contribution from any other insurance that is carried by Lessee
or Lessor and shall expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured. 

        (c)   Lessor
shall obtain the approval of this Agreement by the insurance carrier for each policy of insurance on the Aircraft. If requested by Lessee, Lessor shall arrange
for a Certificate of Insurance evidencing the insurance coverage with respect to the Aircraft carried and maintained by Lessor to be given by its insurance carriers to Lessee or will provide Lessee
with a copy of such insurance policies. Lessor will give Lessee reasonable advance notice of any material modifications to insurance coverage relating to the Aircraft. 

        10.   (a) Lessee agrees that the proceeds of insurance will be Lessee's sole recourse against Lessor with respect to any claims that Lessee may have
under this Agreement, except in the event of gross negligence or willful misconduct by Lessor.

        (b)   THE PROVISIONS OF THIS SECTION 10 SHALL SURVIVE INDEFINITELY THE TERMINATION OR EXPIRATION OF THE AGREEMENT. 

        11.   Lessee
warrants that: 

        (a)   It
will not use the Aircraft for the purpose of providing transportation of passengers or cargo in air commerce for compensation or hire, for any illegal purpose, or in
violation of any insurance policies with respect to the Aircraft; 

        (b)   It
will refrain from incurring any mechanics, international interest, prospective international interest or other lien and shall not attempt to convey, mortgage, assign,
lease or grant or obtain an international interest or prospective international interest or in any way alienate the Aircraft or create any kind of lien or security interest involving the Aircraft or
do anything or take any action that might mature into such a lien; and 

3

 

        (c)   It
will comply with all applicable laws, governmental and airport orders, rules and regulations, as shall from time to time be in effect relating in any way to the
operation and use of the Aircraft under this Agreement. 

        12.   For
purposes of this Agreement, the permanent base of operation of the Aircraft shall be Centennial Airport, Englewood, Colorado. 

        13.   A
copy of this Agreement shall be carried in the Aircraft and available for review upon the request of the Federal Aviation Administration on all flights conducted
pursuant to this Agreement. 

        14.   Lessee
shall not assign this Agreement or its interest herein to any other person or entity without the prior written consent of Lessor, which may be granted or denied
in Lessor's sole discretion. Subject to the preceding sentence, this Agreement shall inure to the benefit of and be binding upon the parties hereto, and their respective heirs, representatives,
successors and assigns, and does not confer any rights on any other person. 

        15.   This
Agreement constitutes the entire understanding between the parties with respect to the subject matter hereof and supersedes any prior understandings and agreements
between the parties respecting such subject matter. This Agreement may be amended or supplemented and any provision hereof waived only by a written instrument signed by all parties. The failure or
delay on the part of any party to insist on strict performance of any of the terms and conditions of this Agreement or to exercise any rights or remedies hereunder shall not constitute a waiver of any
such provisions, rights or remedies. This Agreement may be executed in counterparts, which shall, singly or in the aggregate, constitute a fully executed and binding Agreement. Words of gender used in
this Agreement may be read as masculine, feminine or neuter as required by the context. Words of number may be read as singular or plural, as required by the context. The word "include" and
derivatives of that word are used in this Agreement in an illustrative sense rather than a limiting sense. The word "or" is not exclusive and shall be interpreted as meaning "and/or." The words
"shall" and "will" are used interchangeably and are intended to have the same meaning. Where applicable, this Agreement may be referred to as "this Lease." 

        16.   Except
as otherwise set forth in Section 4, all communications and notices provided for herein shall be in writing and shall become effective when delivered by
facsimile transmission or by personal delivery, Federal Express or other overnight courier or four days following deposit in the United States mail, with correct postage for first-class mail prepaid,
addressed to Lessor or Lessee at their respective addresses set forth above, or else as otherwise directed by the other party from time to time in writing. 

        17.   If
any one or more provisions of this Agreement shall be held invalid, illegal or unenforceable by a court of competent jurisdiction, the remaining provisions of this
Agreement shall be unimpaired, and the invalid, illegal or unenforceable provisions shall be replaced by a mutually acceptable provision, which, being valid, legal and enforceable, comes closest to
the intention of the parties underlying the invalid, illegal or unenforceable provision. To the extent permitted by applicable law, the parties hereby waive any provision of law, that renders any
provision of this Agreement prohibited or unenforceable in any respect. 

        18.   This
Agreement is entered into under, and is to be construed in accordance with, the laws of the State of Colorado, without reference to conflicts of laws. 

REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK 

4

 

        19.   TRUTH
IN LEASING STATEMENT UNDER FAR SECTION 91.23 

        THE
AIRCRAFT, A DASSAULT FALCON 900EX, MANUFACTURER'S SERIAL NO. 74, CURRENTLY REGISTERED WITH THE FEDERAL AVIATION ADMINISTRATION AS N740LM, HAS BEEN MAINTAINED AND INSPECTED UNDER FAR
PART 91 DURING THE 12 MONTH PERIOD PRECEDING THE DATE OF THIS LEASE. 

        THE
AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR OPERATIONS TO BE CONDUCTED UNDER THIS LEASE. DURING THE DURATION OF THIS LEASE, LIBERTY SPLITCO, INC., 12300
LIBERTY BOULEVARD, ENGLEWOOD, COLORADO 80112 IS CONSIDERED RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT UNDER THIS LEASE. 

        AN
EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. 

        THE
"INSTRUCTIONS FOR COMPLIANCE WITH TRUTH IN LEASING REQUIREMENTS" ATTACHED HERETO ARE INCORPORATED HEREIN BY REFERENCE. 

        LIBERTY
SPLITCO, INC., LOCATED AT 12300 LIBERTY BOULEVARD, ENGLEWOOD, COLORADO 80112, THROUGH ITS UNDERSIGNED AUTHORIZED SIGNATORY BELOW, CERTIFIES THAT LESSOR IS RESPONSIBLE FOR
OPERATIONAL CONTROL OF THE AIRCRAFT AND THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. 

        IN
WITNESS WHEREOF, the parties have executed this Agreement to be effective as of the date first above written. 

 

 

							
	 LESSOR	 	 LESSEE
	

LIBERTY SPLITCO, INC.	
 	
LIBERTY MEDIA LLC
	
 By:	
 	
 

 	
 	
By:	
 	
    

 
	
 Name:	
 	
 

 	
 	
Name:	
 	
    

 
	
 Title:	
 	
  

 	
 	
Title:	
 	
    

 

 

 

 
 

  INSTRUCTIONS FOR COMPLIANCE WITH "TRUTH IN LEASING"
  REQUIREMENTS    
    

	1.
	Mail
a copy of the lease to the following address via certified mail, return receipt requested, immediately upon execution of the lease (14 C.F.R. 91.23
requires that the copy be sent within 24 hours after it is signed): 

Federal
Aviation Administration

Aircraft Registration Branch

ATTN: Technical Section

P.O. Box 25724

Oklahoma City, Oklahoma 73125 

	2.
	Telephone
the nearest Flight Standards District Office at least 48 hours prior to the first flight under this lease.

	3.
	Carry
a copy of the lease in the aircraft at all times. 

QuickLinks

Exhibit 10.8

AIRCRAFT TIME SHARING AGREEMENT

INSTRUCTIONS FOR COMPLIANCE WITH "TRUTH IN LEASING" REQUIREMENTS

AIRCRAFT TIME SHARING AGREEMENT

INSTRUCTIONS FOR COMPLIANCE WITH "TRUTH IN LEASING" REQUIREMENTSQuickLinks
 -- Click here to rapidly navigate through this document
 

 
 

  Exhibit 10.42    
    

 
    GENERAL RELEASE AND SEPARATION AGREEMENT    
    

        This General Release and Separation Agreement (hereafter "Agreement") is entered into
between Rich Christensen (the "Executive"), and ArthroCare Corporation (the "Company") (collectively
referred to as the "Parties"), effective eight days after the Executive's signature (the "Effective
Date"), unless he revokes his acceptance as provided in Paragraph 7(b), below. 

        WHEREAS,
the Executive was the Company's Senior Vice President of Operations; 

        WHEREAS,
the Executive tendered his resignation, and the Company accepted such resignation effective as of December 31, 2010; 

        WHEREAS,
the Company and the Executive now wish to document the termination of their employment relationship and fully and finally to resolve all matters between them; 

        THEREFORE,
in exchange for the good and valuable consideration set forth herein, the adequacy of which is specifically acknowledged, the Executive and the Company hereby agree as
follows: 

        1.    Resignation of Employment.    The Executive hereby confirms his resignation of his employment and all positions
that the Executive held as an officer of the Company and all subsidiaries of the Company, and the Company confirms its acceptance of such resignations, effective December 31, 2010 (the
"Resignation Date"). 

        2.    Payment of Accrued Wages and Expenses.    The Executive acknowledges receipt of an amount equal to all accrued
wages through the Resignation Date, including accrued, unused vacation or paid time off, less applicable withholding. The Executive shall be promptly reimbursed for all reasonable and necessary
expenses incurred and submitted for reimbursement on or before the Resignation Date in accordance with the Company's expense reimbursement policies. 

        3.    Bonus for the Calendar Year Ending December 31, 2010.    The Company shall pay the Executive his annual
bonus for the Company's fiscal year ending December 31, 2010, subject to the achievement of the applicable performance milestones and goals established for such bonus, as determined by the
Compensation Committee of the Company's Board of Directors (the "2010 Bonus"), This payment of the 2010 Bonus, if any, shall be paid in a lump sum to the Employee during the 2011 calendar year at the
same time that other executives of the Company receive bonus payments with respect to the Company's fiscal year ending December 31, 2010. 

        4.    Separation Payments.    Within 10 days of the Effective Date, but in no event earlier than
January 1, 2011 or later than January 15, 2011 the Company shall pay the Executive $283,993 (two-hundred eighty three thousand nine-hundred ninety three dollars)
(the "Separation Payment"), less all applicable taxes and other authorized withholding. Additionally, the Company shall reimburse the Executive for the amount of his premium payment for group health
coverage, if any, elected by Executive pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended ("COBRA"); provided, however, that (A) such reimbursement shall not
exceed $796.21 per month, and (B) the Executive shall be solely responsible for all matters relating to his continuation of coverage pursuant to COBRA, including (without limitation) his
election of such coverage and his timely payment of premiums; provided, further, that upon the earlier to occur of (1) the time that the Executive no longer constitutes a Qualified Beneficiary
(as such term is defined in Section 4980B(g)(1) of the Code and (2) the date twelve (12) months following the Effective Date, the Company's obligations to reimburse the Employee
under this subsection (iii) shall cease. 

        5.    Tax Indemnity.    The Executive acknowledges that he has not received and does not rely upon any tax advice
given by the Company or its attorneys or representatives. The Executive further agrees that he shall be solely responsible for all tax assessments, penalties, and fines levied against the 

1

 

payments
made pursuant to this Agreement by any taxing authority, and shall indemnify, defend and hold harmless (all to the maximum extent allowed by law) the Company against all tax assessments,
penalties, and fines assessed by any taxing authority against the Company as a result of (a) the Executive's characterization of the Settlement Payment made pursuant to this Agreement, or
(b) any failure by the Executive to pay taxes as required on any and all payments made pursuant to this Agreement. 

        6.    Equity Awards.    All equity awards granted to the Executive shall be treated in accordance with the terms of
the applicable Plan(s), Stock Option Agreement(s) and Notice(s) of Grant, except to the extent any such Stock Option Agreements or Notices of Grants evidencing any nonstatutory stock options and
incentive stock option grants numbered 1627, 1436 and 1778 (the "Specified ISOs") do not provide for net exercise (as defined below), in which such case such Stock Option Agreements or Notices of
Grants, as applicable, hereby will be deemed amended to the extent necessary to provide for net exercise. Executive acknowledges that upon the execution of this Agreement, each unexercised Specified
ISO that qualifies as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), which does not provide for net exercise shall
be deemed modified for the purposes of Section 424 of the Code and, to the extent the exercise price thereof is lower than the fair market value of the Company's common stock as of the date
this Agreement is executed, such option shall no longer qualify as an incentive stock option and Executive will lose the potentially favorable tax treatment associated with such option. For the
purposes of this Agreement, "net exercise" shall mean the surrender of shares otherwise issuable upon exercise of Executive's stock options in satisfaction of the aggregate exercise price and the
minimum statutorily required withholding obligations incurred in connection with the exercise of Executive's stock options. 

        7.    General Release of Claims by the Executive.    

        (a)   The
Executive, on behalf of himself and his executors, heirs, administrators, representatives and assigns, hereby agrees to release and forever discharge the Company and
all predecessors, successors and their respective parent corporations, affiliates, related, and/or subsidiary entities, and all of their past and present investors, directors, shareholders, officers,
general or limited partners, employees, attorneys, agents and representatives, and employee benefit plans in which the Executive is or has been a participant by virtue of his employment with the
Company (the "Company Releasees"), from any and all claims, debts, demands, accounts, judgments, rights, causes of action, equitable relief, damages, costs, charges, complaints, obligations, promises,
agreements, controversies, suits, expenses, compensation, responsibility and liability of every kind and character whatsoever (including attorneys' fees and costs), whether in law or equity, known or
unknown, asserted or unasserted, suspected or unsuspected (collectively, "Claims"), which the Executive has or may have had against such entities based on any events or circumstances arising or
occurring on or prior to the date hereof or on or prior to the Resignation Date, arising directly or indirectly out of, relating to, or in any other way involving in any manner whatsoever the
Executive's employment by the Company or the separation thereof, and any and all claims arising under federal, state, or local laws relating to employment, including without limitation claims of
wrongful discharge, breach of express or implied contract, fraud, misrepresentation, defamation, or liability in tort, claims of any kind that may be brought in any court or administrative agency,
including without limitation, any claims arising under Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000, et
seq.; Americans with Disabilities Act, as amended, 42 U.S.C. § 12101 et seq.; the Rehabilitation Act
of 1973, as amended, 29 U.S.C. § 701 et seq.; Age Discrimination in Employment Act, as amended, 29 U.S.C.
§ 621, et seq.; Civil Rights Act of 1866, and Civil Rights Act of 1991; 42 U.S.C. § 1981,  et seq.; Equal Pay Act, as amended,
29 U.S.C. § 206(d); regulations of the Office of Federal Contract Compliance, 41 C.F.R.
Section 60, et seq.; The Family and Medical Leave Act, as amended, 29 U.S.C. § 2601 et
seq.; the Fair Labor Standards Act of 1938, as amended, 29 U.S.C. § 201 et seq.; the Employee
Retirement 

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Income
Security Act, as amended, 29 U.S.C. § 1001 et seq.; the Worker Adjustment and Retraining Notification Act, as amended,
29 U.S.C. § 2101 et seq.; the California Fair Employment and Housing Act, as amended, Cal. Lab. Code
§ 12940 et seq.; the California Equal Pay Law, as amended, Cal. Lab. Code §§ 1197.5(a),199.5; the
Moore-Brown-Roberti Family Rights Act of 1991, as amended, Cal. Gov't Code §§12945.2, 19702.3; and any other federal, state or local laws of similar effect. Notwithstanding the
foregoing, this release shall not apply to any claims for vested employee welfare or pension benefits, for indemnification under California Labor Code §§ 2800 or 2802,
or any other claim that may not be waived by private agreement and/or any other local, state or federal law governing discrimination in employment and/or the payment of wages and benefits. 

        Notwithstanding
the generality of the foregoing, the Executive does not release the following claims and rights: 

          (i)  Claims
for unemployment compensation or any state disability insurance benefits pursuant to the terms of applicable state law; 

         (ii)  Claims
to continued participation in certain of the Company's group benefit plans pursuant to the terms and conditions of the federal law known as COBRA; 

        (iii)  The
Executive's right to bring to the attention of the Equal Employment Opportunity Commission claims of discrimination; provided, however, that the Executive does
release his right to secure any damages for alleged discriminatory treatment; and 

        (iv)  The
Executive's rights under this Agreement, his rights as a shareholder, and his right, if any, to indemnification from the Company pursuant to the terms of the
Company's by-laws and applicable law. 

        (b)   I acknowledge that I am familiar with the provisions of California Civil Code Section 1542, which provides as
follows:

"A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which, if known by
him or her must have materially affected his or her settlement with the debtor."

Being aware of said code section, I hereby expressly waive any rights I may have thereunder, as well as under any other statutes or common law principles of similar
effect.

        (c)   In
accordance with the Older Workers Benefit Protection Act of 1990, the Executive acknowledges that he is aware of the following: 

          (i)  This
Section 7, and this Agreement are written in a manner calculated to be understood by the Executive. 

         (ii)  The
waiver and release of claims under the Age Discrimination in Employment Act contained in this Agreement does not cover rights or claims that may arise after the
date on which the Executive signs this Agreement. 

        (iii)  This
Agreement provides for consideration in addition to anything of value to which the Executive is already entitled. 

        (iv)  The
Executive has been advised to consult an attorney before signing this Agreement. 

         (v)  The
Executive has been granted twenty-one (21) days after he is presented with this Agreement to decide whether or not to sign this Agreement. If the
Executive executes this Agreement prior to the expiration of such period, he does so voluntarily and after having had the opportunity to consult with an attorney, and hereby waives the remainder of
the consideration period. 

3

 

        (vi)  The
Executive has the right to revoke this Agreement within seven (7) days of signing it. In the event this Agreement is revoked, it will be null and void in its
entirety, and the Executive will not receive the benefits of this Agreement. 

If
the Executive wishes to revoke this agreement, he must deliver written notice stating that intent to revoke, in accordance with the notice provisions of Section 14, on or before
5:00 p.m. on the seventh (7th) day after the date on which the Executive signs this Agreement. 

        (d)   Employee
represents and warrants to the Company Releasees that there has been no assignment or other transfer of any interest in any Claim that he/she may have against
the Company Releasees, or any of them. Employee agrees to indemnify and hold harmless the Company Releasees from any liability, claims, demands, damages, costs, expenses and attorneys' fees incurred
as a result of any person asserting such assignment or transfer of any right or claims under any such assignment or transfer from me. 

        (e)   Employee
represents and warrants that he/she has not filed any complaint, charge, or claim against the Company Releasees with any court or agency and that he/she is not
presently aware of any injury for which he/she may be eligible for workers' compensation benefits, other than any claim already submitted. Employee agrees that if he/she hereafter commences, joins in,
or in any manner seeks relief through any suit arising out of, based upon, or relating to any of the Claims released hereunder or in any manner asserts against the Company Releasees any of the Claims
released hereunder, then he/she will pay to the Company Releasees against whom such claim(s) is asserted, in addition to any other damages caused thereby, all attorneys' fees incurred by such Company
Releasees in defending or otherwise responding to said suit or Claim. Provided, however, that he/she shall not be obligated to pay the attorneys' fees of the Company Releasees to the extent such fees
are attributable to claims under the Age Discrimination in Employment Act or a challenge to the validity of the release of claims under the Age Discrimination in Employment Act. 

        8.    Nondisparagement.    The Executive agrees that neither he nor anyone acting by, through, under or in concert
with him shall disparage or otherwise communicate negative statements or opinions about the Company, its Board members, officers, employees or business. The Company agrees that neither its Board
members nor officers shall disparage or otherwise communicate negative statements or opinions about the Executive. 

        9.    Cooperation.    The Executive agrees to give reasonable cooperation, at the Company's request, in any pending or
future litigation or arbitration brought against the Company and in any investigation the Company may conduct. The Company shall reimburse the Executive for all expenses reasonably incurred by him in
compliance with this Section 9 and, to the extent the cooperation is requested by the Company and exceeds 10 hours of time in the aggregate, Executive will be compensated at a rate of
$135/hr for all hours in excess of 10 hours. Notwithstanding the foregoing, the Company shall have no obligation to pay the Executive for time spent and expenses incurred by the Executive in
any pending or future litigation or arbitration where the Executive is a co-defendant or party to the arbitration or litigation. 

        10.    Executive's Representations and Warranties.    The Executive represents and warrants that: 

        (a)   He
has been paid all wages owed to him by the Company, including all accrued, unused vacation or paid time off, through the Resignation Date; 

        (b)   During
the course of the Executive's employment, he did not sustain any injuries for which he might be entitled to compensation pursuant to applicable workers
compensation law; 

4

 

        (c)   The
Executive has not initiated any adversarial proceedings of any kind against the Company or against any other person or entity released herein, nor will he do so in
the future, except for claims not released by this Agreement. 

        11.    Confidential Information; Non-Solicitation; Return of Company Property.    

        (a)   The
Executive hereby expressly confirms his continuing obligations to the Company pursuant to the Employment, Proprietary Information and Invention Assignment Agreement
(the "Confidentiality Agreement") executed by the Executive on November 26, 2006. 

        (b)   The
Executive shall deliver to the Company within 10 days of the Resignation Date all originals and copies of correspondence, drawings, manuals, letters, notes,
notebooks, reports, programs, plans, proposals, financial documents, or any other documents concerning the Company's customers, business plans, marketing strategies, products, processes or business of
any kind and/or which contain proprietary information or trade secrets which are in the possession or control of the Executive or his agents or representatives. 

        (c)   The
Executive shall return to the Company within 10 days of the Resignation Date all equipment of the Company in his possession or control, other than his laptop
computer, which he will be allowed to retain after the Company has imaged the contents of the computer and its hard drive. 

        (d)   The
Employee hereby agrees that he or she shall not until one year following the Effective Date, without the prior written consent of the Company's Board of Directors,
do any of the following: 

          (i)  use
any confidential information to solicit or influence or attempt to influence any client, customer or other person either directly or indirectly, to direct any
purchase of the Company's products and/or services to any person, firm, corporation, institution or other entity in competition with the business of the Company; or 

         (ii)  solicit
or influence or attempt to influence any person employed by the Company to terminate or otherwise cease his or her employment with the Company or become an
employee of any competitor of the Company. 

        12.    In the Event of a Claimed Breach.    All controversies, claims and disputes arising out of or relating to this
Agreement, including without limitation any alleged violation of its terms, shall be resolved by final and binding arbitration before a single neutral arbitrator in San Francisco, California in
accordance with the Employment Dispute Resolution Rules of the American Arbitration Association ("AAA"). The arbitration shall be commenced by filing a
demand for arbitration with the AAA within 14 (fourteen) days after the filing party has given notice of such breach to the other party. The arbitrator shall award the prevailing party attorneys' fees
and expert fees, if any. Notwithstanding the foregoing, it is acknowledged that it will be impossible to measure in money the damages that would be suffered if the parties fail to comply with any of
the obligations imposed on them under Section 11(a) and (b) hereof, and that in the event of any such failure, an aggrieved person will be irreparably damaged and will not have an
adequate remedy at law. Any such person shall, therefore, be entitled to injunctive relief, including specific performance, to enforce such obligations, and if any action shall be brought in equity to
enforce any of the provisions of Section 11(a) and (b) of this Agreement, none of the parties hereto shall raise the defense that there is an adequate remedy at law. 

        13.    Choice of Law.    This Agreement shall in all respects be governed and construed in accordance with the laws of
the State of California, including all matters of construction, validity and performance, without regard to conflicts of law principles. 

5

 

        14.    Notices.    All notices, demands or other communications regarding this Agreement shall be in writing and shall
be sufficiently given if either personally delivered or sent by facsimile or overnight courier, addressed as follows: 

 

 

					
	(a)	 	 If to the Company:

ArthroCare Corporation

7500 Rialto Boulevard

Building Two, Suite 100

Austin, Texas 78735

Attn: General Counsel

Tel: 512-391-3900

Fax: 512-391-3901	 	 
	
 (b)	
 	
 If to the Executive:

Rich Christensen

200 Brannan St, Unit 424

San Francisco, CA 94107	
 	
 With a copy to:

Jeffrey A. Snyder, Esq

Thoits, Love, Hershberger & McLean

285 Hamilton Ave, Suite 300

Palo Alto, CA 94301

Fax: 650-325-5572

 

         15.    Severability.    Except as otherwise specified below, should any portion of this Agreement be found void or
unenforceable for any reason by a court of competent jurisdiction, the parties intend that such provision be limited or modified so as to make it enforceable, and if such provision cannot be modified
to be enforceable, the unenforceable portion shall be deemed severed from the remaining portions of this Agreement, which shall otherwise remain in full force and effect. If any portion of this
Agreement is so found to be void or unenforceable for any reason in regard to any one or more persons, entities, or subject matters, such portion shall remain in full force and effect with respect to
all other persons, entities, and subject matters. This paragraph shall not operate, however, to sever the Executive's obligation to provide the binding release to all entities intended to be released
hereunder. 

        16.    Understanding and Authority.    The parties understand and agree that all terms of this Agreement are
contractual and are not a mere recital, and represent and warrant that they are competent to covenant and agree as herein provided. 

        17.    Integration Clause.    This Agreement contains the entire agreement of the parties with regard to the
separation of the Executive's employment, and supersedes any prior agreements as to that matter. This Agreement may not be changed or modified, in whole or in part, except by an instrument in writing
signed by the Executive and an authorized officer of the Company. 

REMAINDER
OF PAGE INTETIONALLY LEFT BLANK 

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        18.    Execution in Counterparts.    This Agreement may be executed in counterparts with the same force and
effectiveness as though executed in a single document. 

        The
parties have carefully read this Agreement in its entirety; fully understand and agree to its terms and provisions; and intend and agree that it is final and binding on all parties. 

        IN
WITNESS WHEREOF, and intending to be legally bound, the parties have executed the foregoing on the dates shown below. 

 

 

							
	 Rich Christensen	 	ARTHROCARE CORPORATION
	

/s/ Rich Christensen

 	
 	
/s/ Richard Rew

 
	 	 	 	 	 Senior Vice President and General Council
	
 Date:	
 	
December 28, 2010

 	
 	
Date:	
 	
December 31, 2010

 

 

 7

QuickLinks

Exhibit 10.42

GENERAL RELEASE AND SEPARATION AGREEMENT

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