Document:

EX-10.1

 Exhibit 10.1 
  

			
		 	 

 February 22, 2013 
 Christopher Townsend 
 President 
 Dear Chris: 
 MetLife continues to make progress toward achieving its long-term goals and
objectives and transforming the company into a world class global insurance and employee benefits powerhouse. We recognize and appreciate that you have relocated to Hong Kong in connection with your role as head of our Asia Region. As a result,
MetLife Asia Pacific Limited (“MAPL”), your current Hong Kong employer, is willing to provide you with a housing allowance (the “Housing Allowance”) on the terms described in this letter. 

We also recognize that you engage in extensive travel to advance MetLife’s business interests, and that business travel is a necessary part of your
role, and that your business travel may result in individual income tax liability in a variety of jurisdictions. As a result, MAPL is willing to provide you with a tax equalization arrangement as described in this letter (the “Tax
Arrangement”), retroactively effective as of January 1, 2013 (the “Effective Date”). 
  

	1.	In connection with your relocation to Hong Kong, and effective as of March 1, 2013, MAPL will provide you with a Housing Allowance in the monthly amount of
HKD$74,313.94, payable pursuant to MAPL’s normal monthly payroll practices. The Housing Allowance shall continue for as long as you are employed by MetLife and resident in Hong Kong, provided however, that MAPL, may discontinue the Housing
Allowance by providing you with at least two (2) calendar months’ notice (the “Notice Period”). Once you are no longer employed by MetLife or no longer resident in Hong Kong, for any reason, or upon the end of the Notice Period,
you shall not be entitled to any additional Housing Allowance payments. 

  

	2.	The purpose of the Tax Arrangement is to provide you with the following “Tax Equalization”: the cost to you of individual income taxes you owe on account of
your MetLife business travel on payments made to you by MetLife on and after the Effective Date and during the period covered by the Tax Arrangement will equal the cost to you of income taxes you would have owed had that income been taxable solely
in your country of residence. For purposes of the Tax Arrangement, your country of residence and taxing jurisdiction is defined as Hong Kong. 

  

	3.	MetLife will pay amounts on your behalf (or reimburse you) and, to the extent necessary, take deductions or withhold amounts from your compensation as MetLife
reasonably determines necessary to effectuate Tax Equalization. You consent to such deductions or withholding. 

  

	4.	To effectuate the purposes of the Tax Arrangement, you agree to continue to use a firm chosen by MetLife for tax return preparation and related services during the term
of the Arrangement. Due to certain tax law requirements, all data MetLife needs to determine any Tax Equalization for a tax year must be provided by you or your tax preparer within a time frame that permits MetLife to determine any tax amounts it is
reimbursing or paying by the later of the end of your tax year following the tax year in which (i) you remit taxes, or (ii) you conclude any tax audit or tax litigation. 

	5.	MetLife will apply the Tax Arrangement exclusively to compensation paid (and therefore taxable) to you during the period described in this letter as covered by the Tax
Arrangement. MetLife will not bear the cost of any taxes, interest, penalties, audit response/defense, or related services you incur for periods outside those covered by the Tax Arrangement. Consequently, the Tax Arrangement does not apply to
calendar years or tax periods prior to January 1, 2013 or to amounts like long-term incentives paid in tax periods outside the Tax Arrangement regardless of whether the compensation was fully or partially earned or vested during the period
covered by the Tax Arrangement. 

  

	6.	The Tax Arrangement shall continue until the earliest of (a) the date your employment with MetLife is terminated for any reason, (b) the date MetLife
relocates or reassigns you to, a country other than Hong Kong, (c) the date you decline to accept relocation from MetLife to country other than Hong Kong or (d) December 31, 2015. MetLife reserves the right to terminate the Tax
Arrangement if you do not comply with the immigration and/or work permit documentation requirements of any jurisdiction to which you travel on behalf of the Company, or if at any time your job performance fails to meet MetLife’s expectations.

  

	7.	Upon termination of the Tax Arrangement, your entitlement to Tax Equalization on payments made to you thereafter shall cease. You will be personally liable for any and
all tax liability for payments made to you by MetLife on and after the date of the termination of the Tax Arrangement as a result of business-related travel or otherwise at applicable rates, regardless of your continued employment with MetLife
and/or residence in Hong Kong or otherwise. 

  

	8.	Neither this letter, the Housing Allowance, nor the Tax Arrangement described in this letter should be construed as a guarantee of employment for any specific period of
time. At all times, the terms of your employment contract (as amended from time to time) govern. This letter is the entire agreement between you and MetLife regarding the matters described herein and cannot be amended except by a written document
signed by you and an officer of MAPL with authorization or approval of the MetLife, Inc. Compensation Committee if MetLife determines necessary. For purposes of this letter, “MetLife” shall refer to MetLife, Inc. and all of its affiliates.
MetLife, Inc. may provide you the Tax Arrangement either itself or through an affiliate incorporated in the United States or a jurisdiction that has a comprehensive tax treaty with the United States. 

 

	9.	The terms of this letter have been approved by the MetLife, Inc. Compensation Committee. 

 Please sign below to acknowledge the terms of the Tax Arrangement and return an original to me at your earliest convenience. 
 Sincerely yours, 
 MetLife Asia Pacific Limited 

 

					
	By:	 		 	Accepted & Agreed:
			
	 /s/ Frans Hijkoop
	 		 	 /s/ Christopher Townsend

	Frans Hijkoop	 		 	Christopher TownsendEX-10.1

 Exhibit 10.1 
 ARBITRON INC. 
 WAIVER AND AMENDMENT OF 

EXECUTIVE RETENTION AGREEMENT 
 This is an agreement (the “Agreement”) between Arbitron Inc. (the “Company”) and Vaughan Scott Henry
(“you”), dated as of December 17, 2012. Except as otherwise defined herein, capitalized terms used in this Agreement have the same definition as in the Executive Retention Agreement
between you and the Company, dated as of August 28, 2008 and previously amended as of April 6, 2009 (the “Retention Agreement”). 

WHEREAS, you and the Company have previously entered into the Retention Agreement; and 

WHEREAS, you and the Company desire to amend the Retention Agreement. 

THEREFORE, you and the Company agree as follows, in consideration of the services to be received from you and the ongoing compensation to
which you will be entitled and other good and valuable consideration, the receipt and sufficiency of which the parties hereby acknowledge: 
 (1) The preamble of the Retention Agreement is revised by striking “August 25, 2013” and replacing it with the date that is the second anniversary of the date hereof. 

(2) Section 2.4(a) of the Retention Agreement is amended to delete the first sentence and replace it with the following: “The
Executive shall receive a severance payment equal to the sum of (i) 18 times the Executive’s Annual Salary divided by twelve and (ii) the Executive’s target annual incentive bonus for the year in which the Executive’s Date
of Employment Termination occurs.” 
 (3) Section 2.4 of the Retention Agreement is amended to add new subsection
2.4(b) as follows: “Bonus Payment. The Executive will receive a lump sum cash payment (less applicable withholding taxes) in an amount determined in good faith under the factors applicable to the Executive’s annual incentive bonus,
with such adjustments as the Company’s Compensation and Human Resources Committee of the Board (the “Compensation Committee”) makes under such factors (using its negative discretion), but such amount will be prorated for the
partial year of service. The amount will be paid to the Executive at such time as the annual incentive bonus would have been paid to the Executive had he remained employed with the Company, but in any event, between January 1 and April 30
of the year following the year with respect to which it is earned; provided, however, that (i) payment will be delayed until the Waiver and Release Agreement required by Section 4 has become irrevocable (but not beyond April 30) and
(ii) receipt of the bonus payment is contingent upon the Waiver and Release Agreement becoming irrevocable no later than the April 30 payment deadline.” 
 Former subsections (b), (c) and (d) of Section 2.4 of the Retention Agreement (and cross-references thereto) are renumbered to subsections (c), (d) and (e), respectively. 

 (4) Section 2.5(a)(i) of the Retention Agreement is amended to delete the first
sentence and replace it with the following: “The Executive shall receive a severance payment equal to the sum of (i) 24 times the Executive’s Annual Salary divided by twelve and (ii) the Executive’s target annual incentive
bonus for the year in which the Executive’s Date of Employment Termination occurs, prorated for the Executive’s partial year of service.” 
 (5) Section 2.5(a) of the Retention Agreement is amended to add new subsection 2.5(a)(ii) as follows: “Bonus Payment. The Executive will receive a lump sum cash payment (less applicable
withholding taxes) in an amount equal to 2 times the Executive’s target annual incentive bonus for the year in which the Executive’s Date of Employment Termination occurs. This bonus payment amount shall be paid in a lump sum, within 90
days following the Executive’s Date of Employment Termination in accordance with Section 7.2; provided, however, that the bonus payment amount shall not be paid prior to the Company’s receipt of a duly executed Waiver and
Release Agreement that is not revoked during the applicable regulatory revocation period and, if the 90th day is in the calendar year following the Date of Employment Termination, not before the first day of that subsequent calendar year.”

 Former subsections (ii) and (iii) of Section 2.5(a) of the Retention Agreement (and cross-references thereto)
are renumbered to subsections (iii) and (iv), respectively. 
 (6) Section 5 of the Retention Agreement is deleted and
replaced in its entirety by the following: 
 “Limitation on Payments. The Company will make the payments
under this Agreement without regard to whether the deductibility of such payments (or any other payments or benefits) would be limited or precluded by Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”)
and without regard to whether such payments would subject the Executive to the federal excise tax levied on certain “excess parachute payments” under Section 4999 of the Code; provided, however, that if the Total After-Tax Payments
(as defined below) would be increased by the reduction or elimination of any payment and/or other benefit (including the vesting of Executive’s equity awards) under this Agreement (the “Parachute Payments”), then the amounts
payable under this Agreement will be reduced or eliminated by determining the Parachute Payment Ratio (as defined below) for each Parachute Payment and then reducing the Parachute Payments in order beginning with the Parachute Payment with the
highest Parachute Payment Ratio. For Parachute Payments with the same Parachute Payment Ratio, such payments shall be reduced based on the time of payment of such Parachute Payments, with amounts having later payment dates being reduced first. For
Parachute Payments with the same Parachute Payment Ratio and the same time of payment, such Parachute Payments shall be reduced on a pro rata basis (but not below zero) prior to reducing Parachute Payments with a lower Parachute Payment Ratio. For
purposes hereof, the term “Parachute Payment Ratio” shall mean a fraction, the numerator of which is the value of the applicable payment for purposes of Section 280G of the Code, and the denominator of which is the intrinsic
value of such Parachute Payment. The Company’s independent, certified public accounting firm (the “Accountants”) will determine whether and to what extent Parachute Payments under this Agreement are required to be reduced in
accordance with this Section 5. Such 

  
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determination by the Accountants shall be conclusive and binding upon the Executive and the Company for all purposes. For purposes of making the calculations required by this Section 5, the
Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the application of Section 280G and 4999 of the Code. The Company and the Executive
shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination under this Section 5. The Company shall bear all costs the Accountants may reasonably incur in connection
with any calculations contemplated by this Section 5. If there is an underpayment or overpayment under this Agreement (as determined after the application of this Section 5), the amount of such underpayment or overpayment will be
immediately paid to Executive or refunded by Executive, as the case may be, with interest at the applicable federal rate provided for in Section 7872(f)(2) of the Code. For purposes of this Agreement, “Total After-Tax Payments”
means the total economic value of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of Executive (whether made under the Agreement or otherwise), after reduction for all
applicable federal taxes (including, without limitation, the tax described in Section 4999 of the Code, and present valued using the discount rate applicable under Section 280G of the Code.” 

(7) The definition of “Reference Compensation” in Section 7.17 of the Retention Agreement is deleted. 

(8) All other provisions of the Retention Agreement remain in effect as written. 

Signatures on Page Following 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first set forth
above. 
  

							
	ARBITRON INC.	 		 	EXECUTIVE
			
		 		 	
	By:	 	 /s/ Timothy T. Smith
	 		 	 /s/ Vaughan Henry

	Name:	 	Timothy T. Smith	 		 	Vaughan Scott Henry
	Title:	 	Executive Vice President, Business Development and Strategy, Chief Legal Officer and Secretary

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