Document:

Exhibit 10.2

SEVERANCE
PAYMENT ACCELERATION AGREEMENT

This Severance
Payment Acceleration Agreement (the “Agreement”) is made and entered into as of
March 28, 2007 by and Between Advanstar Inc., a Delaware corporation (the “Company”)
and Joseph Loggia (the “Executive”).  The
Company and the Executive are sometimes referred to herein as a “party” and
collectively as the “parties.”

RECITALS

WHEREAS, the
Executive and the Company are parties to an Amended and Restated Employment
Agreement entered into as of April 1, 2005 (the “Employment Agreement”) which
provides the Executive with various rights and benefits including, among other
things, certain rights and benefits in the event of a Change in Control (as
defined therein);

WHEREAS, among
other things, in the event of a Change in Control the Executive would be
entitled to resign his employment with the Company and receive 24 months of his
Base Salary plus his bonus for the year in which he resigns and the following
year (collectively, the “Severance Payments”);

WHEREAS, the
Company has agreed in principle to a transaction with a subsidiary of VSS
Communications Partners IV, LP (“VSS”) pursuant to which VSS would acquire all
of the outstanding stock of the Company on the terms set forth in a letter of
intent (the “LOI”) dated February 6, 2007 (the “VSS Transaction”);

WHEREAS, the VSS
Transaction, if consummated, would constitute a Change in Control under the
Employment Agreement allowing the Executive to resign and realize various
benefits including, among others, the Severance Payments;

 WHEREAS, it is considered important for the
closing of the VSS Transaction that the Executive remain as the Chief Executive
Officer of the Company and that the Company enter into a new employment
agreement with the Executive (the “Executive Employment Condition”);

WHEREAS, the
Company and its Board if Directors believe it is in the best interests of the
Company’s stockholders to consummate the VSS Transaction and, therefore, to
provide an additional incentive to the Executive to satisfy the Executive
Employment Condition:

AGREEMENT

NOW, THEREFORE, in
consideration of the above recitals and the premises and mutual covenants set
forth below, the parties agree as follows:

1.             The Executive’s Obligations.

In consideration
for this Agreement, the Executive agrees to (a) negotiate in good faith with
VSS in an effort to reach agreement on a new employment agreement and to
satisfy the Executive Employment Condition and (b) to devote such energies and
efforts as he may be directed to devote by the Board of Directors to the
consummation of the VSS Transaction.

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2.             The Accelerated Severance
Payments.

In the event that
the Executive satisfies the Executive Employment Condition and the VSS
Transaction closes, the Company agrees to pay the Executive on the closing of
the VSS Transaction, in lieu of the Severance Payments available to the
Executive under the Employment Agreement, the sum of $3,125,000, less
applicable withholding taxes.

3.             Miscellaneous.

a.             Severability.  If any provision of this Agreement
is determined to be invalid or unenforceable, it shall be adjusted rather than
voided, to achieve the intent of the parties to the extent possible, and the
remainder of the Agreement shall be enforced to the maximum extent possible.

b.             Entire  Agreement.  This
Agreement constitutes the entire agreement between Executive and the Company
with respect to the subject matters addressed here and supersedes all prior or
concurrent arrangements or discussions with respect to such subject
matters.  The foregoing notwithstanding,
nothing in this Agreement shall be deemed to (i) supersede the Employment
Agreement except and only with respect to the Severance Payments as set forth
in Section 2 above, or (ii) affect the Executive’s entitlement to, and vesting
or accelerated vesting of, his stock options.

c.             Governing  Law.  This Agreement
shall be governed by the laws of the state of New York without regard to
principles of conflicts of law.

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

	
   

  	
  ADVANSTAR, INC.

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ ERIC LISMAN

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  /s/ JOSEPH LOGGIA

  	
   

  
	
   

  	
  Joseph Loggia

  	
   

  

 

 2Exhibit 10.3

Second
Amendment to

Linn Energy, LLC Long-Term Incentive Plan

WHEREAS, Linn Energy, LLC (the “Company”)
maintains the Linn Energy, LLC Long-Term Incentive Plan, as amended, (the “Plan”)
for the purpose of granting Awards thereunder to employees, consultants, and
directors of the Company and its Affiliates for superior performance, and to
attract and retain the services of individuals essential for the growth and
profitability of the Company; and

WHEREAS, the Company desires to amend the Plan to
provide the Committee with authority to delegate certain of its powers,
authorities, and duties under the Plan to the Chief Executive Officer of the
Company to the extent provided herein.

NOW, THEREFORE, the following provision of the Plan
shall be amended in its entirety to read as follows:

A.                                   3.   Administration.

The Plan shall be administered by the Committee.  A majority of the Committee shall constitute
a quorum, and the acts of the members of the Committee who are present at any
meeting thereof at which a quorum is present, or acts unanimously approved by
the members of the Committee in writing, shall be the acts of the
Committee.  Subject to the following and
applicable law, the Committee, in its sole discretion, may delegate the power
to grant Awards under the Plan, to the Chief Executive Officer of the Company,
subject to such limitations on such authority as the Committee may impose.  Upon any such delegation, all references in
the Plan to the “Committee”, other than in Section 7, shall with respect to any
Award made by the Chief Executive Officer pursuant to such authority be deemed
to mean and refer to the Chief Executive Officer; provided,
however, that such delegation shall not limit the Chief Executive
Officer’s right to receive Awards under the Plan.  Notwithstanding the foregoing, the Chief
Executive Officer may not grant Awards to, or take any action with respect to
any Award previously granted to, a person who is an officer subject to Rule
16b-3 or a member of the Board.  Subject
to the terms of the Plan and applicable law, and in addition to other express
powers and authorizations conferred on the Committee by the Plan, the Committee
shall have full power and authority to: (i) designate Participants; (ii)
determine the type or types of Awards to be granted to a Participant; (iii)
determine the number of Units to be covered by Awards; (iv) determine the terms
and conditions of any Award; (v) determine whether, to what extent, and under
what circumstances Awards may be settled, exercised, canceled, or forfeited;
(vi) interpret and administer the Plan and any instrument or agreement relating
to an Award made under the Plan; (vii) establish, amend, suspend, or waive such
rules and regulations and appoint such agents as it shall deem appropriate for
the proper administration of the Plan; and (viii) make any other determination
and take any other action that the Committee deems necessary or desirable for
the administration of the Plan.  Unless
otherwise expressly provided in the Plan, all designations, 

determinations,
interpretations, and other decisions under or with respect to the Plan or any
Award shall be within the sole discretion of the Committee, may be made at any
time and shall be final, conclusive, and binding upon all Persons, including the
Company, any Affiliate, any Participant, and any beneficiary of any Award.

B.                                     All
terms used herein that are defined in the Plan shall have the same meanings
given to such terms in the Plan, except as otherwise expressly provided herein.

C.                                     Except
as amended and modified hereby, the Plan shall continue in full force and
effect and the Plan and this instrument shall be read, taken and construed as
one and the same instrument.

Executed
this 21st of March, 2007.

	
  

  	
   

  	
  LINN ENERGY, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Michael C. Linn

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Chairman, President & CEOExhibit 10.4

LINN ENERGY, LLC

LONG-TERM INCENTIVE PLAN

FORM OF EXECUTIVE OPTION AGREEMENT

This option agreement (“Option Agreement”) is made and entered into effective as
of [Grant Date], (the “Grant Date”)
by and between LINN ENERGY, LLC, a Delaware limited liability company (together
with its subsidiaries, the “Company”),
and [Executive] (“Participant”).

WHEREAS, the Company considers it
to be in its best interest that Participant be given a proprietary interest in
the Company and an added incentive to advance the interests of the Company; and

WHEREAS, the Company desires to
accomplish such objectives by affording Participant an option to purchase Units
pursuant to the Linn Energy, LLC Long-Term Incentive Plan, which is attached
hereto as Appendix A and incorporated by reference herein (the “Plan”). Unless otherwise defined
herein, capitalized terms shall have the meaning given such terns in the Plan.

NOW, THEREFORE, in consideration of
the mutual agreements hereinafter set forth, the parties hereby agree as
follows:

1.             Grant of Option.  The Company hereby grants to Participant an
option (the “Option”)
to purchase all or any part of an aggregate of [________] Units, under and
subject to the terms and conditions of this Option Agreement and the Plan.

2.             Purchase Price.  The purchase price for each Unit to be
purchased hereunder shall be $ [______] (the “Exercise Price”).

3.             Vesting and Option Period.  Participant may exercise the Option in whole
or in part.  Except as otherwise provided
herein, the Option shall become vested and exercisable with respect to one
third (1/3) of the covered Units on the first anniversary of the Grant Date,
with respect to an additional one third (1/3) of the covered Units on the
second anniversary of the Grant Date and with respect to the final one third
(1/3) of the covered Units on the third anniversary of the Grant Date.  Prior to such time, no portion of the Option
shall be exercisable unless its exercisability is accelerated as provided in
this Option Agreement or the Plan. 
Except as provided otherwise in this Option Agreement or the Plan, the
Option, to the extent not theretofore exercised, shall terminate on the
expiration of ten (10) years from the date of grant of the Option; provided,
however, that upon the termination Participant’s service relationship with the
Company for any reason other than (a) the death of the Participant or (b)
termination of the Participant’s service relationship with the Company as a
result of a Change of Control, Participant may, until the earlier of (i) 90
days from the date of such termination or (ii) the expiration of the Option in
accordance with this Section 3, exercise the Option, to the extent such Option
had vested immediately prior to such termination and, thereafter, the Option
shall, to the extent not previously exercised, automatically terminate and
become null and void.

 

4.             Method of Exercise and
Payment.  To the extent that
the Option has become exercisable, the Option may be exercised from time to
time by written notice to General Counsel, in substantially the form attached
hereto as Appendix B or such other form as may be approved from time to time by
the Committee, accompanied by the aggregate Exercise Price for the Units to be
purchased and any required tax withholding amount as may be determined in the
discretion of General Counsel.  The
Exercise Price and any withholding shall be payable in cash, by certified
check, by bank check or other means provided for in the Plan and approved by the
Committee, including without limitation by cashless-broker exercise or the
withholding of Units upon the exercise of the Option.

5.             General Restrictions.  Subject to the terms of this Option Agreement
and the Plan, the Option may be exercised at any time, and from time to time,
in whole or in part, until the termination thereof as set forth herein, or
until all Units covered by the Option shall have been purchased, whichever
first occurs.  The Option shall not be
assignable or transferable except as expressly provided by the Committee.

6.             Termination by Company
other than for Cause.  Upon the termination by the Company of
Participant’s service relationship with the Company other than for Cause (as
defined herein and as determined by the Committee in its sole discretion), the
Option granted hereby shall automatically and immediately vest in full.  “Cause” shall mean (a) Participant’s conviction of, or plea
of nolo contendere to, any
felony, any crime or offense causing substantial harm to the Company (whether
or not for personal gain) or involving acts of theft, fraud, embezzlement,
moral turpitude or similar conduct; (b) Participant’s repeated intoxication by
alcohol or drugs during the performance of his or her duties; (c) malfeasance
in the conduct of Participant’s duties, including, but not limited to, (i)
willful and intentional misuse or diversion of any Company funds, (ii)
embezzlement or (iii) fraudulent or willful and material misrepresentations or
concealments on any written reports submitted to the Company; (d) Participant’s
material failure to perform the duties of Participant’s employment or service
relationship consistent with Participant’s position or material failure to
follow or comply with the reasonable and lawful written directives of the Board
of the Company; or (e) a material breach by Participant of the written policies
of the Company concerning employee discrimination or harassment.

7.             Termination by
Participant with Good Reason.  Upon the termination by Participant of
Participant’s service relationship with the Company with Good Reason (as
defined herein), the Option granted hereby shall automatically and immediately
vest in full.  “Good Reason” shall mean any of
the following to which Participant does not consent in writing: (a) a reduction
in Participant’s base salary; (b) a relocation of Participant’s primary place
of employment to a location more than 50 miles from [Houston,
Texas]/[Pittsburgh, Pennsylvania]; or (c) any material reduction in Participant’s
title, authority or responsibilities as [Title] of the Company.

8.             Death or Disability. 
In the case of termination of Participant’s service relationship with
the Company due to death or Disability (as defined herein), the Option granted
hereby shall automatically and immediately vest in full.  “Disability” shall mean the determination by a physician
selected by the Company that Participant has been unable to perform
substantially Participant’s usual and customary duties for a period of at least
one

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hundred twenty (120) consecutive days or a
non-consecutive period of one hundred eighty (180) days during any twelve-month
period as a result of incapacity due to mental or physical illness or
disease.  In the case of termination of
Participant’s service relationship with the Company due to death or Disability,
Participant or Participant’s estate (or any person who acquired the right to
exercise such Option by bequest or inheritance or otherwise by reason of
Participant’s death or by reason of Participant’s Disability) may, until the
earlier of (a) one year after the date of death or (b) the expiration of the
Option in accordance with Section 3, exercise the Option and, thereafter, the
Option shall, to the extent not previously exercised, automatically terminate
and become null and void.

9.             Change of  Control.  Notwithstanding anything
in the Plan to the contrary, in the event of a Change of Control (as defined in
the Employment Agreement), the Option granted hereby shall automatically and
immediately vest in full.  In the event
of the termination of Participant’s service relationship with the Company as a
result of a Change of Control, the Participant may, until the earlier of (a)
one year after the date of such termination or (b) the expiration of the Option
in accordance with Section 3, exercise the Option and, thereafter, the Option
shall, to the extent not previously exercised, automatically terminate and
become null and void.

10.           Termination
by Company for Cause or by Participant without Good Reason. 
In the case of (a) termination by the Company of Participant’s service
relationship with the Company for Cause or (b) termination by Participant of
Participant’s service relationship with the Company without Good Reason and
other than due to Participant’s death or disability, Participant shall
immediately forfeit all rights with respect to any unvested Options..  Participant hereby agrees to undertake any
action and execute any document, instrument or papers reasonably requested by
the Company to effect such forfeiture of the Option resulting from any such
termination.

11.           Rights as a Unitholder.  Participant, or a transferee of the Option,
shall have no rights as a holder of a membership interest in the Company except
as to any Units actually purchased pursuant to the exercise of the Option.

12.           Plan Controlling Document.  Participant agrees that the Plan is the
controlling instrument and that to the extent there is any conflict between the
terms of the Plan and this Option Agreement, the Plan shall control and be the
governing document.

13.           Limited Liability Company
Agreement.  As a condition to
the exercise of the Option, Participant agrees to be bound by all applicable
provisions of the Company’s limited liability company agreement, as it may be
amended from time to time.

14.           Taxes.  The Company and any affiliate thereof are
authorized to withhold from any payment relating to the Option, or any payroll
or other payment to Participant, amounts of withholding and other taxes due or
potentially payable in connection with the exercise of the Option, and to take
such other action as the Committee may deem advisable to enable the Company,
any affiliate, and Participant to satisfy obligations for the payment of
withholding taxes and other tax obligations relating to the Option.  This authority shall include authority to
withhold or receive Units or other property and to make cash payments in
respect thereof in

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satisfaction of Participant’s tax obligations, either
on a mandatory or elective basis in the discretion of the Committee.

15.           Issuance of Units.  The Company shall not be obligated to issue
any Units pursuant to the Option at any time when the Units covered by such
Option have not been registered under the Securities Act of 1933, as amended,
and such other state and federal laws, rules or regulations as the Company or
the Committee deems applicable and, in the opinion of legal counsel for the
Company, there is no exemption from the registration requirements of such laws,
rules or regulations available for the issuance and sale of such Units.

16.           Notices.  Any notices given in connection with this
Option Agreement shall, if issued to Participant, be delivered to Participant’s
current address on file with the Company, or if issued to the Company, be
delivered to the Company’s principal offices.

17.           Execution of Receipts and
Releases.  Any payment of cash
or any issuance or transfer of Units or other property to Participant, or to
Participant’s legal representatives, heirs, legatees or distributees, in
accordance with the provisions hereof, shall, to the extent thereof, be in full
satisfaction of all claims of such persons hereunder.  The Company may require Participant or
Participant’s legal representatives, heirs, legatees or distributees, as a
condition precedent to such payment or issuance, to execute a release and
receipt therefor in such form as it shall determine.

18.           Successors.  This Option Agreement shall be binding upon
Participant, Participant’s legal representatives, heirs, legatees and
distributees, and upon the Company, its successors and assigns.

[Remainder of this Page Intentionally Left Blank]

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IN WITNESS WHEREOF,
the parties hereto have executed this Option Agreement to be effective as of
the day and year first above written.

	
  

  	
  LINN ENERGY, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
  [___________________]

  	
   

  
	
   

  	
  Title:

  	
  [___________________]

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  PARTICIPANT:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  

 

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APPENDIX
A

LINN
ENERGY, LLC

LONG-TERM
INCENTIVE PLAN

(EFFECTIVE
AS OF JANUARY 12, 2006)

 

APPENDIX
B

LINN
ENERGY, LLC

LONG-TERM INCENTIVE PLAN

OPTION EXERCISE NOTICE

PLEASE PRINT:

	
  TODAY’S DATE:

  	
   

  
	
  OPTIONHOLDER NAME:

  	
   

  
	
  MAILING ADDRESS:

  	
   

  
	
   

  	
   

  
				

 

Attention:              General Counsel

I hereby exercise my Option to acquire __________
Units, as defined in the LINN ENERGY, LLC Long-Term Incentive Plan (the “Plan”),
at my exercise price per Unit of $_____________.  In accordance with the Plan and the Grant
Agreement, the Board has approved payment of the Option Exercise Price (and any
applicable withholding) by the following methods, and I hereby elect to make
payment for the Units being purchased as indicated:

o                                    Cash or check in immediately available funds

o                                    Cashless Exercise pursuant to established Company
procedure

o                                    Withholding of Units pursuant to established Company
procedure

I hereby represent that I
have previously received a copy of the Plan from the Company and that I
understand the terms and restrictions described therein and agree to be bound
by the terms of such document and my Option Agreement.

	
  By:   

  	
   

  
	
   

  
	
   

  
	
  Receipt of Notice and Payment in Full Acknowledged:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Date:

  	
   

  	
   

  
							

 

NOTE:  If
exercising the Option represented by the enclosed Option Agreement to purchase
less than all of the Units to which the Option relates, the original Option

 

Agreement will be returned with an appropriate
notation evidencing the Units for which the Option has been exercised.

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