Document:

Amendment No.1 to the Third Amended & Restated Credit Agreement

 Exhibit 10.1 
 AMENDMENT NO. 1 TO THE 
 THIRD AMENDED AND RESTATED
CREDIT AGREEMENT 
 Dated as of March 9, 2010 
 AMENDMENT NO. 1 TO THE THIRD AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) among DAVINCIRE HOLDINGS LTD.,
a company organized under the laws of Bermuda (the “Borrower”), the banks, financial institutions and other institutional lenders parties to the Credit Agreement referred to below (collectively, the “Lenders”) and
Citibank, N.A., as administrative agent (the “Agent”) for the Lenders. 
 PRELIMINARY STATEMENTS:

 (1) The Borrower, the Lenders and the Agent have entered into that certain Third Amended and Restated Credit Agreement
dated as of April 5, 2006 (as amended, supplemented or otherwise modified through the date hereof, the “Credit Agreement”). Capitalized terms not otherwise defined in this Amendment have the same meanings as specified in the
Credit Agreement as modified by this Amendment. 
 (2) The Borrower and the Lenders have agreed to amend the Credit Agreement as
hereinafter set forth. 
 Amendments to Credit Agreement. The Credit Agreement is, effective as of December 31, 2009 and
subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows: 
 (a) Section 1.01 is amended by inserting the following defined terms in proper alphabetical order: 
 “Collateral” has the meaning specified in the Pledge Agreement. 
 “Minimum Value”
has the meaning specified in the Pledge Agreement. 
 “Pledged Account” has the meaning specified in the Pledge
Agreement. 
 “Value” has the meaning specified in the Pledge Agreement. 

 (b) Section 2.09 is amended by adding the following paragraph at the
end thereof: 
 “If, upon any determination of the Minimum Value, the Value of Collateral in the Pledged Account is less
than the Minimum Value, and the Value of the Collateral in the Pledged Account is not restored to the Minimum Value within the time period required by Section 4(b) of the Pledge Agreement, the Borrower shall, within one Business Day thereafter,
prepay Advances comprising part of the same Borrowing in an aggregate principal amount equal to such deficiency.” 
 (c) Section 3.02(a)(i) is amended by deleting the word “and” at the end thereof. 
 (d)
Section 3.02(a)(ii) is amended by adding the word “and” at the end thereof. 
 (e)
Section 3.02(a) is amended by adding a new clause (iii) at the end thereof: 
 “after giving effect to such
Borrowing, the Value of Collateral in the Pledged Account is not less than the Minimum Value.” 
 (f)
Section 6.01(i) is amended by adding the phrase “or in any other Loan Document” after the phrase “Borrower or any Subsidiary herein”. 
 Conditions of Effectiveness. This Amendment shall become effective as of the date first above written when the Agent shall have received each of the following documents or instruments in form and
substance reasonable acceptable to the Agent: 
 (g) Counterparts of this Amendment, duly executed by the
Borrower, the Agent and the Lenders. 
 (h) Certified copies of (i) the resolutions of the Board of
Directors of (A) the Borrower and (B) DaVinci Reinsurance Ltd. (the “Pledgor”, together with the Borrower, collectively, the “Loan Parties”) approving this Amendment and the matters contemplated hereby and
(ii) all documents evidencing other necessary corporate action and governmental approvals, if any, with respect to this Amendment and the matters contemplated hereby. 
 (i) A pledge agreement (the “Pledge Agreement”) in substantially the form of Exhibit A hereto, duly executed
by the Pledgor, together with: 
 (i) A duly executed Control Agreement executed by the Pledgor and The Bank of
New York Mellon Bank, and 
 (ii) evidence that all other action that the Agent may deem necessary or desirable
in order to perfect and protect the first priority liens and security interests created under the Pledge Agreement has been taken. 
 (j) A Bermudian Share Charge executed by the Pledgor. 
  

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 (k) A certificate of the Secretary or an Assistant Secretary of each Loan
Party certifying the names and true signatures of the officers of such Loan Party authorized to sign this Amendment and the other documents to be delivered hereunder. 
 (l) A favorable opinion of Willkie Farr & Gallagher LLP, New York counsel for the Loan Parties, in form and
substance satisfactory to the Agent. 
 (m) A favorable opinion of Conyers Dill & Pearman, Bermuda
counsel for the Loan Parties, in form and substance satisfactory to the Agent. 
 (n) A certificate signed by a
duly authorized officer of the Borrower stating that: 
 (i) The representations and warranties contained in
Section 3 hereto are correct on and as of the date of such certificate as though made on and as of such date other than any such representations or warranties that, by their terms, refer to a date other than the date of such certificate; and

 (ii) No event has occurred and is continuing that constitutes a Default. 
 (iii) Based on the market value as of March 8, 2010 of the assets held in the Pledged Account as specified by The Bank
of New York Mellon via its “WorkBench” online service, the Value of the Pledged Account as of the date of such certificate is not less than the Minimum Value. 
 This Amendment is subject to the provisions of Section 8.01 of the Credit Agreement. 
 Representations and Warranties of the Borrower. The Borrower represents and warrants as follows: 
 (o)
Before and after giving effect to this Amendment, (i) the representations and warranties contained in Article 4 of the Credit Agreement and the other Loan Documents are true and correct on and as of the date hereof, except to the extent
that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and except that the representations and warranties contained in (x) subsection (c)(i) of
Section 4.01 of the Credit Agreement shall be deemed to refer to the most recent statements furnished pursuant to clause (a) of Section 5.01 of the Credit Agreement and (y) subsection (c)(ii) of
Section 4.01 of the Credit Agreement shall be deemed to refer to December 31, 2009, and (ii) no Default exists. 
 (p) The execution, delivery and performance by the Borrower of this Amendment and the Loan Documents, as amended hereby, and the consummation of the transactions contemplated hereby and thereby are within
its corporate powers and have

  

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been duly authorized by all necessary corporate action (including, without limitation, shareholder approval, if required). The Borrower has received all other material consents and approvals (if
any shall be required) necessary for such execution, delivery and performance, and such execution, delivery and performance does not and will not contravene or conflict with, or create a Lien or right of termination or acceleration under, any
Requirement of Law or Contractual Obligation binding upon the Borrower. Each of the Amendment and the other Loan Documents, as amended hereby, to which the Borrower is party is the legal, valid and binding obligation of the Borrower enforceable
against the Borrower in accordance with its respective terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights against the Borrower generally or by
general equitable principles. This Amendment has been duly executed and delivered by the Borrower. 
 Reference to and Effect on
the Credit Agreement and the Notes. 
 (q) On and after the effectiveness of this Amendment, each reference in
the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the Notes to “the Credit Agreement”, “thereunder”,
“thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment. 
 (r) The Credit Agreement and the Notes as specifically amended by this Amendment, are and shall continue to be in full force
and effect and are hereby in all respects ratified and confirmed. Without limiting the generality of the foregoing, the Pledge Agreement and all of the Collateral described therein does and shall continue to secure the payment of all obligations of
the Borrower under the Loan Documents, in each case as amended by this Amendment. 
 (s) The execution, delivery
and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Agent under the Credit Agreement, nor constitute a waiver of any provision of the Credit
Agreement. 
 Costs, Expenses. The Borrower agrees to pay on demand all costs and expenses of the Agent in connection with the
preparation, execution, delivery and administration, modification and amendment of this Amendment and the other instruments and documents to be delivered hereunder (including, without limitation, the reasonable fees and expenses of counsel for the
Agent) in accordance with the terms of Section 8.04 of the Credit Agreement. 
 Execution in Counterparts. This Amendment
may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement.
Delivery of an executed counterpart of a signature page to this Amendment by telecopier or PDF shall be effective as delivery of a manually executed counterpart of this Amendment. 
 Governing Law. This Amendment shall be governed by, and construed in accordance with, the laws of the State of New York. 
 [Signature Pages Follow] 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their
respective officers thereunto duly authorized, as of the date first above written. 
  

			
	DAVINCIRE HOLDINGS LTD.
		
	By:	 	 /s/ Todd R. Fonner

	Name:	 	Todd R. Fonner
	Title:	 	 Senior Vice President and Chief
 Investment Officer

	
	 CITIBANK, N.A.,
 as
Agent and as Lender

		
	By:	 	 /s/ Maureen P. Maroney

	Name:	 	Maureen P. Maroney
	Title:	 	Vice President
	
	The Bank of N.T. Butterfield & Son Ltd.
		
	By:	 	 /s/ Sean Smatt

	Name:	 	Sean Smatt
	Title:	 	Vice President, Corporate Banking
		
	By:	 	 /s/ Daniel McCleary

	Name:	 	Daniel McCleary
	Title:	 	Vice President, Credit
	
	HSBC Bank USA, N.A.
		
	By:	 	 /s/ Nicholas Taylor

	Name:	 	Nicholas Taylor
	Title:	 	Managing Director

			
	WACHOVIA BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Grainne Pergolini

	Name:	 	Grainne Pergolini
	Title:	 	Director
	
	THE BANK OF NEW YORK MELLON
		
	By:	 	 /s/ Michael Pensari

	Name:	 	Michael Pensari
	Title:	 	V.P.
	
	Bank of America, N.A.
		
	By:	 	 /s/ Debra L. Basler

	Name:	 	Debra L. Basler
	Title:	 	SVP; Product Delivery ManagerSeventh amendment to credit agreement dated February 27, 2004

 Exhibit 10.15 
 SEVENTH AMENDMENT 
 TO 
 CREDIT AGREEMENT 
 DATED FEBRUARY 27, 2004 
 BY, BETWEEN AND AMONG 
 BEASLEY MEZZANINE HOLDINGS, LLC, 
 BANK OF MONTREAL,
CHICAGO BRANCH, AS ADMINISTRATIVE AGENT 
 AND 
 THE LENDERS PARTY THERETO 
 This SEVENTH AMENDMENT
(the “Amendment”) dated as of March 5, 2010, is entered into by, between and among BEASLEY MEZZANINE HOLDINGS, LLC (“Borrower”), BEASLEY BROADCAST GROUP, INC. (“Holdings”),
THE OTHER CREDIT PARTIES (as defined in the Credit Agreement), BANK OF MONTREAL, CHICAGO BRANCH (“Bank of Montreal”), as administrative agent for Lenders (in such capacity the “Administrative Agent”),
and THE LENDERS (as defined in the Credit Agreement) party hereto. 
 WHEREAS, Borrower, the Lenders and the
Administrative Agent are parties to that certain Credit Agreement dated as of February 27, 2004, as amended by that certain First Amendment to Credit Agreement dated June 18, 2004, that certain Second Amendment to Credit Agreement dated
June 27, 2005, that certain Third Amendment to Credit Agreement dated January 30, 2006, that certain Fourth Amendment to Credit Agreement dated February 1, 2007, that certain Fifth Amendment to Credit Agreement dated April 13,
200, and that certain Sixth Amendment to Credit Agreement dated March 13, 2009 (as amended, the “Credit Agreement”); and 
 WHEREAS, pursuant to the Credit Agreement, the Lenders have agreed to make, and have made, certain Loans and other extensions of credit to Borrower; and 
 WHEREAS, Borrower and the Requisite Lenders now desire to reduce the sublimit for Letters of Credit under the Revolving Loan
Commitments from $7,500,000 to $5,000,000, to amend the financial covenants contained in subsection 7.6 of the Credit Agreement and to increase the amount and frequency of mandatory prepayments to be made from Consolidated Excess Cash Flow; and

 WHEREAS, Borrower, the Administrative Agent and the Requisite Lenders desire to enter into this Amendment to effect
the foregoing; 
 NOW, THEREFORE, in consideration of the foregoing, the terms, covenants and conditions contained
herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Borrower, the Administrative Agent and the Requisite Lenders hereby agree as follows: 
 1. Defined Terms. Capitalized terms which are used herein without definition and which are defined in the Credit
Agreement shall have the same meanings herein as in the Credit Agreement. 

 2. Amendments to Credit Agreement. Subject to the satisfaction of the
conditions set forth in Section 4 below, the Credit Agreement is hereby amended as follows: 
 A. The
definition of Consolidated Excess Cash Flow is hereby deleted in its entirety and replaced with the following new definition: 
 “Consolidated Excess Cash Flow” means: 
 (a) as
calculated for Fiscal Years ending on or before December 31, 2009 and as calculated in the fourth Fiscal Quarter in any Fiscal Year ending after December 31, 2009: for Borrower and its Subsidiaries on a consolidated basis, for any Fiscal
Year of Borrower, the amount by which Borrower’s and its Subsidiaries’ operating revenues collected in Cash during such Fiscal Year exceed the sum (without duplication) of (i) Borrower’s and its Subsidiaries’ consolidated
operating expenses paid in Cash in such period (including, without duplication, Consolidated Cash Interest Expense and general and administrative expenses), plus (ii) the amount (without duplication) paid in Cash by Borrower and its
Subsidiaries in such period for (a) principal repayments of the Consolidated Total Debt (excluding payments made from Consolidated Excess Cash Flow), including voluntary prepayments of the Term Loans in accordance with subsection 2.4B(i),
plus (b) Consolidated Capital Expenditures paid in Cash, plus (c) Cash distributions permitted under subsection 7.5 hereof, plus (d) fees and expenses paid in Cash by Borrower and its Subsidiaries hereunder or under the other Loan
Documents for the effectiveness of such agreements and for amendments and waivers thereto excluding such costs that are paid with proceeds of Loans, plus (e) all legal fees and expenses paid in Cash by Borrower and its Subsidiaries with respect
to any acquisition or disposition of a Station permitted hereunder excluding such costs that are paid with proceeds of Loans hereunder, plus (f) the aggregate amount of Holdings Advances made in such Fiscal Year, plus (g) all Cash invested
in Investments during such Fiscal Year as permitted by subsection 7.3(v), (viii) and (ix) or used in consummating Permitted Acquisitions excluding Investments or Permitted Acquisitions made with Cash constituting proceeds of Loans
hereunder. For purposes of calculating Consolidated Excess Cash Flow with respect to assets not owned by the Borrower and its Subsidiaries for the full Fiscal Year, Consolidated Excess Cash Flow shall be calculated as if any operations disposed of
by any Borrower and its Subsidiaries at any time during the preceding 12-month period had not been owned by the Borrower and its Subsidiaries for any of the full preceding 12-month period, and 
 (b) as calculated for each of the first three Fiscal Quarters in any Fiscal Year ending after December 31, 2009: for
Borrower and its Subsidiaries on a consolidated basis, for any such Fiscal Quarter of Borrower, the amount by which Borrower’s and its Subsidiaries’ operating revenues collected in Cash during such Fiscal Quarter exceed the sum (without
duplication) of (i) Borrower’s and its Subsidiaries’ consolidated operating expenses paid in Cash in such period (including, without duplication, Consolidated Cash Interest Expense and general and administrative expenses), plus
(ii) the amount (without duplication) paid in Cash by Borrower and its Subsidiaries in such period for (a) principal repayments of the Consolidated Total Debt (excluding payments made from Consolidated Excess Cash Flow), including
voluntary prepayments of the Term Loans in accordance with subsection 2.4B(i), plus (b) Consolidated Capital Expenditures paid in Cash, plus (c) Cash distributions permitted under subsection 7.5 hereof, plus (d) fees and expenses
paid in Cash by Borrower and its Subsidiaries

  

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hereunder or under the other Loan Documents for the effectiveness of such agreements and for amendments and waivers thereto excluding such costs that are paid with proceeds of Loans, plus
(e) all legal fees and expenses paid in Cash by Borrower and its Subsidiaries with respect to any acquisition or disposition of a Station permitted hereunder excluding such costs that are paid with proceeds of Loans hereunder, plus (f) the
aggregate amount of Holdings Advances made in such Fiscal Quarter, plus (g) all Cash invested in Investments during such Fiscal Quarter as permitted by subsection 7.3(v), (viii) and (ix) or used in consummating Permitted Acquisitions
excluding Investments or Permitted Acquisitions made with Cash constituting proceeds of Loans hereunder. For purposes of calculating Consolidated Excess Cash Flow with respect to assets not owned by the Borrower and its Subsidiaries for the full
Fiscal Quarter, Consolidated Excess Cash Flow shall be calculated as if any operations disposed of by any Borrower and its Subsidiaries at any time during the preceding 3-month period had not been owned by the Borrower and its Subsidiaries for any
of the full preceding 3-month period. 
 B. Subsection 2.4B(iii)(d) of the Credit Agreement is hereby
amended by deleting the present text thereof in its entirety and substituting in its place the following: 
 (d)
Prepayments and Reductions from Consolidated Excess Cash Flow. 
 (1) With respect to Fiscal Years ending
on or prior to December 31, 2009, in the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year, then no later than one hundred twenty (120) days after the end of such Fiscal Year, Borrower shall prepay the Loans
and/or the Revolving Loan Commitments shall be permanently reduced in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow. Any such mandatory prepayments shall be applied as specified in subsection 2.4B(iv)(b)(2). 

(2) (i) With respect to the first three Fiscal Quarters of any Fiscal Year ending after December 31, 2009, in
the event there shall be Consolidated Excess Cash Flow for any such Fiscal Quarter, then no later than sixty (60) days after the end of such Fiscal Quarter, Borrower shall prepay the Loans and/or the Revolving Loan Commitments shall be
permanently reduced in an aggregate amount equal to 75% of such Consolidated Excess Cash Flow; provided, however, such mandatory prepayments from Consolidated Excess Cash Flow shall be reduced by such amount as will enable the Borrower
to maintain a minimum balance of Cash and/or Cash Equivalents of $6,000,000, and (ii) with respect to the fourth Fiscal Quarter of any Fiscal Year ending after December 31, 2009, in the event there shall be Consolidated Excess Cash Flow
for the Fiscal Year in which such fourth Fiscal Quarter ends, no later than one hundred twenty (120) days after the end of such Fiscal Quarter, Borrower shall prepay the Loans and/or the Revolving Loan Commitments shall be permanently reduced
in an aggregate amount equal to 75% of such Consolidated Excess Cash Flow less the amount of any mandatory prepayments made from Consolidated Excess Cash Flow with respect to the first three Fiscal Quarters of such Fiscal Year pursuant to
subparagraph (i) above. Any such mandatory prepayments shall be applied as specified in subsection 2.4B(iv)(b)(2). 
  

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 C. Subsection 3.1A(ii) of the Credit Agreement is hereby amended by
deleting the present text thereof in its entirety and substituting in its place the following: 
 (ii) any Letter
of Credit if, after giving effect to such issuance, the Letter of Credit Usage would exceed Five Million Dollars ($5,000,000); 
 D. Subsection 7.6A of the Credit Agreement is hereby amended by deleting the present text thereof in its entirety and substituting in its place the following: 
 A. Minimum Interest Coverage Ratio. Borrower shall not permit the ratio of (i) Consolidated Operating Cash Flow
to (ii) Consolidated Cash Interest Expense for any four consecutive Fiscal Quarter period ending as of the last day of such Fiscal Quarter during any of the periods set forth below to be less than the correlative ratio indicated: 
  

			
	 Periods
	  	    Minimum Interest    
Coverage Ratio
	 March 31, 2010 – December 31, 2010
	  	        1.75:1.00
	 January 1, 2011 – September 30, 2011
	  	        1.875:1.00
	 October 1, 2011 and thereafter
	  	        2.00:1.00

 E. Subsection 7.6B of the Credit Agreement is hereby amended by deleting the present text thereof in its entirety and substituting in its place the following: 
 B. Minimum Fixed Charge Coverage Ratio. Borrower shall not permit the ratio of (i) Consolidated Operating Cash
Flow to (ii) Consolidated Fixed Charges for any four consecutive Fiscal Quarter period ending as of the last day of such Fiscal Quarter during any of the periods set forth below to be less than the correlative ratio indicated: 
  

			
	 Periods
	  	Minimum Fixed Charge
Coverage Ratio
	 March 31, 2010 – September 30, 2010
	  	        1.10:1.00
	 October 1, 2010 – December 31, 2011
	  	        1.05:1.00
	 January 1, 2012 and thereafter
	  	        1.10:1.00

 F. Subsection 7.6C of the Credit Agreement is hereby amended by deleting the present text thereof in its entirety and substituting in its place the following 
 C. Maximum Consolidated Total Debt Ratio. Borrower shall not permit the ratio of (i) Consolidated Total
Debt as of the last day of any Fiscal Quarter to (ii) Consolidated Operating Cash Flow for the four consecutive Fiscal Quarter period

  

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ending as of the last day of such Fiscal Quarter during any of the periods set forth below to exceed the correlative ratio indicated: 
  

			
	 Periods
	  	Maximum Consolidated
Total Debt Ratio
	 March 31, 2009 – September 30, 2010
	  	        7.50:1.00
	 October 1, 2010 – March 31, 2011
	  	        7.25:1.00
	 April 1, 2011 – June 30, 2011
	  	        7.00:1.00
	 July 1, 2011 – September 30, 2011
	  	        6.75:1.00
	 October 1, 2011 – December 31, 2011
	  	        6.50:1.00
	 January 1, 2012 and thereafter
	  	        4.75:1.00

 3. Representations and Warranties. Borrower represents and warrants to the Administrative Agent and the Lenders as follows: 
 A. Each of the representations and warranties set forth in the Credit Agreement, as amended, and the other Loan
Documents is true and correct on and as of the date hereof as if made on the date hereof, except to the extent that such representations and warranties expressly relate to an earlier date, in which case such representations and warranties shall be
true and correct as of such earlier date, and each of the agreements and covenants in the Credit Agreement, as amended, and the other Loan Documents is hereby reaffirmed with the same force and effect as if each were separately stated herein and
made as of the date hereof. 
 B. As of the date hereof, no Event of Default or Potential Event of Default
has occurred and is continuing (after giving effect to this Amendment). 
 C. The execution and delivery
of this Amendment (i) have been duly authorized by all necessary limited liability company action on the part of Borrower; and (ii) do not result in a breach of or constitute a default under any Contractual Obligation of any Obligor or
require any approval of stockholders or members or any approval or consent of any Person under any Contractual Obligation of any Obligor or the consent or approval of any Governmental Authority. 
 D. This Amendment has been duly executed and delivered by Borrower and is the legally valid and binding obligation of
Borrower, enforceable against Borrower in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors’ rights generally or by equitable principles
relating to enforceability. 
 E. The Lenders’ security interests in the Collateral continue to be
valid, binding and enforceable First Priority security interests which secure the Obligations under the Loan Documents. 
  

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 4. Conditions to Effectiveness. This Amendment shall become effective
on the date upon which all of the following conditions precedent have been satisfied in full or waived by the Administrative Agent in writing (the “Effective Date”): 
 A. The Administrative Agent (or its counsel) shall have received an original or facsimile counterpart of this
Amendment, duly executed and delivered by Borrower, the Administrative Agent and the Requisite Lenders. 
 B. Borrower shall have paid to Administrative Agent, for distribution (as appropriate) to each Lender executing this Amendment on or before 5:00 P.M. on March 5, 2010, an amendment fee equal to 0.375% of the Commitments of such
Lender under the Credit Agreement. 
 C. After giving effect to the Amendment, no Event of Default or
Potential Event of Default shall have occurred and be continuing. 
 D. Counsel to Administrative Agent
shall have received payment in full for all reasonable, out-of-pocket legal fees charged, and all reasonable costs and expenses incurred, by such counsel to the extent invoiced prior to the Effective Time in connection with the transactions
contemplated under the Credit Agreement and this Amendment. 
 5. Ratification of Liability. Each Credit Party and
Holdings, as debtor, grantor, pledgor, guarantor, assignor, or in other similar capacity in which such party grants Liens or security interests in its properties or otherwise acts as an accommodation party or guarantor, as the case may be, under the
Loan Documents, hereby ratifies and reaffirms all of its payment and performance obligations and obligations to indemnify, contingent or otherwise, under each Loan Document to which such Person is a party, and each such party hereby ratifies and
reaffirms its grant of Liens on and security interests in its properties pursuant to such Loan Documents to which it is a party as security for the Obligations under or with respect to the Credit Agreement, and confirms and agrees that such Liens
and security interests hereafter secure all of the Obligations under the Loan Documents, including, without limitation, all additional Obligations hereafter arising or incurred pursuant to or in connection with the Credit Agreement, as amended
hereby, or any other Loan Documents. Each Credit Party and Holdings further agrees and reaffirms that the Loan Documents to which it is a party now apply to all Obligations as modified hereby (including, without limitation, all additional
Obligations hereafter arising or incurred pursuant to or in connection with the Credit Agreement, as amended hereby, or any other Loan Documents). Each such party (i) further acknowledges receipt of a copy of this Amendment, all previous
amendments to the Credit Agreement and all other agreements, documents and instruments executed or delivered in connection herewith or therewith, (ii) consents to the terms and conditions of same and (iii) agrees and acknowledges that each
of the Loan Documents, as modified hereby and thereby, remains in full force and effect and is hereby ratified and confirmed. Except as expressly provided herein, the execution of this Amendment shall not operate as a waiver of any right, power or
remedy of the Administrative Agent or any Lender, nor constitute a waiver of any provision of any of the Loan Documents nor constitute a novation of any of the Obligations under the Loan Documents. 
  

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 6. Miscellaneous Provisions. 
 A. Except as otherwise expressly provided by this Amendment, all of the terms, conditions and provisions of the Credit
Agreement shall remain the same. It is declared and agreed by each of the parties hereto that the Credit Agreement, as amended hereby, and the other Loan Documents, shall continue in full force and effect, and that this Amendment and the Credit
Agreement shall be read and construed as one instrument. Neither the execution, delivery nor effectiveness of this Amendment shall operate as a waiver of any present or future Potential Event of Default or Event of Default, whether known or unknown
(except for any Potential Event of Default or Event of Default that would occur but for the operation of this Amendment), or of any right, power or remedy of the Administrative Agent or any Lender of any provision contained in the Credit Agreement
or any other Loan Document. This Amendment shall be deemed one of the “Loan Documents” under the Credit Agreement. 
 B. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES. 
 C. Headings or captions used in this Amendment are for convenience of reference only and shall not define or limit the
provisions hereof. 
 D. This Amendment may be executed in any number of counterparts and by different
parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all of which together shall constitute but one and the same instrument; signature pages may be detached from multiple separate
counterparts and attached to a single counterpart so that all signature pages are physically attached to the same document. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 
  

 7 

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

			
	 BORROWER:
  
 BEASLEY MEZZANINE HOLDINGS, LLC

		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: EVP/CFO

	
	 HOLDINGS:
  
 BEASLEY BROADCAST GROUP, INC.

		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: EVP/CFO

	
	 OTHER CREDIT PARTIES:
  
 BEASLEY FM ACQUISITION CORP.

		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY BROADCASTING OF EASTERN NORTH CAROLINA, INCORPORATED
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Assistant Secretary

			
	 BEASLEY BROADCASTING OF EASTERN
 PENNSYLVANIA, INC.

		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY BROADCASTING OF NEW JERSEY, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	W & B MEDIA, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY BROADCASTING OF SOUTHWEST FLORIDA, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY BROADCASTING OF COASTAL CAROLINA, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY RADIO, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

			
	BEASLEY BROADCASTING OF BOSTON, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BRAP HOLDINGS, INC. (F/K/A REDD MIAMI HOLDINGS, INC.)
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY BROADCASTING OF AUGUSTA, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY COMMUNICATIONS, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	CSRA BROADCASTERS, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY NEVADA HOLDINGS, INC.
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

			
	 WAZZ LICENSE LIMITED PARTNERSHIP,
 WXTU LICENSE LIMITED PARTNERSHIP,
 WRXK LICENSE LIMITED PARTNERSHIP,
 WFLB LICENSE LIMITED PARTNERSHIP,
 WKIS
LICENSE LIMITED PARTNERSHIP,
 WDAS LICENSE LIMITED PARTNERSHIP,
 WIKS LICENSE LIMITED PARTNERSHIP,
 WAEC LICENSE LIMITED PARTNERSHIP,
 WXNR LICENSE LIMITED PARTNERSHIP,
 WPOW
LICENSE LIMITED PARTNERSHIP,
 WJBX LICENSE LIMITED PARTNERSHIP,
 WMGV LICENSE LIMITED PARTNERSHIP

		
	By:	 	 BEASLEY FM ACQUISITION CORP.,
 the general partner of each of the foregoing

		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY-REED ACQUISITION PARTNERSHIP
		
	By:	 	 BEASLEY FM ACQUISITION CORP.,
 its general partner

		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WTMR LICENSE LIMITED PARTNERSHIP
		
	By:	 	BEASLEY BROADCASTING OF NEW JERSEY, INC., its general partner
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

			
	WNCT LICENSE LIMITED PARTNERSHIP
		
	By:	 	BEASLEY BROADCASTING OF COASTAL CAROLINA, INC., its general partner
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WKML LICENSE LIMITED PARTNERSHIP
		
	By:	 	BEASLEY BROADCASTING OF EASTERN NORTH CAROLINA, INC., its general partner
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WWDB LICENSE LIMITED PARTNERSHIP
		
	By:	 	BEASLEY BROADCASTING OF EASTERN PENNSYLVANIA, INC., its general partner
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WXKB LICENSE LIMITED PARTNERSHIP
		
	By:	 	 BEASLEY BROADCASTING OF SOUTHWEST FLORIDA, INC.,
 its general partner

		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WSFL LICENSE LIMITED PARTNERSHIP
		
	By:	 	W&B MEDIA, INC., its general partner
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

			
	WJPT LICENSE LIMITED PARTNERSHIP
		
	By:	 	BEASLEY RADIO, INC., its general partner
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WQAM LICENSE LIMITED PARTNERSHIP
		
	By:	 	BEASLEY-REED ACQUISITION PARTNERSHIP, its general partner
		
	By:	 	 BEASLEY FM ACQUISITION CORP.,
 its general partner

		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WWNN LICENSE, LLC
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WCHZ LICENSE, LLC
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WGAC LICENSE, LLC
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

			
	WGOR LICENSE, LLC
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	WRCA LICENSE, LLC
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY INTERNET VENTURES, LLC
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY INTERNET VENTURES II, LLC
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	BEASLEY BROADCASTING OF NEVADA, LLC
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

	
	KJUL LICENSE, LLC
		
	By:	 	/s/ B. Caroline Beasley
		 	 Name: B. Caroline Beasley
 Title: Secretary

			
	 LENDERS:
  
 BANK OF MONTREAL, CHICAGO BRANCH, as a Lender and as Administrative Agent

		
	By:	 	/s/ Naghmeh Hashemifard
		 	 Name: Naghmeh Hashemifard
 Title: Director

	
	BMO CAPITAL MARKETS FINANCING, INC., as a Lender
		
	By:	 	/s/ Naghmeh Hashemifard
		 	 Name: Naghmeh Hashemifard
 Title: Director

			
	 LENDERS:
  
 BANK OF AMERICA, N.A., as a Lender

		
	By:	 	/s/ Todd Shipley
		 	 Name: Todd Shipley
 Title:
Senior Vice President

			
	 LENDERS:
  
 BANK OF SCOTLAND, as a Lender

		
	By:	 	/s/ Julia R. Franklin
		 	 Name: Julia R. Franklin
 Title: Assistant Vice President

			
	 LENDERS:
  
 BNP PARIBAS, as a Lender

		
	By:	 	/s/ Ola Anderssen
		 	 Name: Ola Anderssen
 Title:
Director

		
	By:	 	/s/ Yung Wu
		 	 Name: Yung Wu
 Title: Vice
President

			
	 LENDERS:
  
 CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH (f/k/a CREDIT SUISSE, CAYMAN ISLANDS BRANCH), as a Lender

		
	By:	 	/s/ Mikhail Faybusovich
		 	 Name: Mikhail Faybusovich
 Title: Vice President

		
	By:	 	/s/ Lynne-Marie Paquette
		 	 Name: Lynne-Marie Paquette
 Title: Associate

			
	 LENDERS:
  
 GENERAL ELECTRIC CAPITAL CORPORATION, as a Lender

		
	By:	 	/s/ Jason Soto
		 	 Name: Jason Soto
 Title:
Authorized Signatory

			
	 LENDERS:
  
 ING CAPITAL LLC, as a Lender

		
	By:	 	/s/ William C. James
		 	 Name: William C. James
 Title: Managing Director

			
	 LENDERS:
  
 COOPERATIEVE CENTRALE RAIFFEISEN-
 BOERENLEENBANK B.A., “RABOBANK
 NEDERLAND”, NEW YORK BRANCH,
 as a Lender

		
	By:	 	/s/ Eric Hurshman
		 	 Name: Eric Hurshman
 Title:
Managing Director

		
	By:	 	/s/ Brett Delfino
		 	 Name: Brett Delfino
 Title:
Executive Director

			
	 LENDERS:
  
 U.S. BANK NATIONAL ASSOCIATION,
 as a Lender

		
	By:	 	/s/ Thomas G. Gunder
		 	 Name: Thomas G. Gunder
 Title: SVP

			
	 LENDERS:
  
 WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Lender

		
	By:	 	/s/ Vipa Chiraprut
		 	 Name: Vipa Chiraprut
 Title:
Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}]]