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Exhibit 10.62    
    

 
  SIXTH AMENDMENT TO LEASE    
    

        This Sixth Amendment to Lease ("Sixth Amendment") is made this 26th day of June, 2003, by and between High Pointe I Development Group LLC, a Colorado limited
liability company ("Landlord") and Crown Media International, LLC., a Delaware limited liability company, formerly know as Crown Media, Inc. ("Tenant"). 

 
 

RECITALS    
    

        WHEREAS, Landlord and Tenant entered into that certain Lease dated June 1, 1998 (the "Original Lease") pertaining to certain leased premises in the
Building described as Suites 400 and 500; and 

        WHEREAS,
Landlord and Tenant entered into that certain First Amendment to Lease undated, except for Consent dated March 25, 1999 (the "First Amendment"), pertaining to the
addition of the UPS Equipment Room to the Leased premises, as more particularly describe in the First Amendment; and 

        WHEREAS,
Landlord and Tenant entered into that certain Second Amendment to Lease dated August 17, 1999, (the "Second Amendment"), pertaining to the addition of the Technical Space
Tenant Improvements and the Alternative Generator Pad Premises, as more particularly described in the Second Amendment; and 

        WHEREAS,
Landlord and Tenant entered into that certain Third Amendment to Lease dated September 26, 2000 (the "Third Amendment") related to the construction and use of the
Generator Equipment Site; and 

        WHEREAS,
Landlord and Tenant entered into that certain Fourth Amendment to Lease dated February 6, 2001 (the "Fourth Amendment") related to the occupancy by Tenant of additional
space within the Building; 

        WHEREAS,
Landlord and Tenant entered into that certain Fifth Amendment to Lease dated February 12, 2002 (the "Fifth amendment') related to the exclusion of a portion of the
additional leased space within the Leased Premises (the Original Lease, First Amendment, Second Amendment, Third Amendment, Fourth Amendment and Fifth Amendment are referred to collectively as the
"Lease"); and 

        WHEREAS,
Landlord and Tenant further desire to amend the terms and conditions of the Lease pertaining to the inclusion of additional leased space within the Leased Premises, and
correction of the Base Rent amount to reflect the terms of the Lease. 

        NOW
THEREFORE, in consideration of the foregoing Recitals and the mutual engagements of the parties hereto, it is agreed as follows: 

        1.    LEASED PREMISES.    From and after July 10, 2003 (the "Additional Space Commencement Date"), the
definition of Leased Premises set forth in paragraph 1.1.1 of the Lease is hereby amended to include the Additional Space (as hereinafter defined). 

        2.    TENANT'S SQUARE FOOTAGE.    From and after the Additional Space Commencement Date, paragraph 1.1.4 of the
Lease is hereby amended to provide that Tenant's Square Footage for the Leased Premises is hereby amended to approximately fifty-eight thousand nine hundred seventy-eight (58,978) Rentable Square Feet
(including seven thousand eight hundred fifty-five (7,855) Rentable Square Feet located on the second floor of the Building, known as Suite 255 (the "Additional Space"), as shown on
Exhibit A attached hereto and incorporated herein by this reference). Schedule I of the Lease is also amended to reflect the new amount of Rentable Square Feet. 

        3.    TENANT'S PRO RATA SHARE.    From and after the Additional Space Commencement Date, Tenant's Pro Rata Share for
the Additional Space shall be approximately 6.54%. From and after the 

 

Additional
Space Commencement Date, paragraph 1.1.8 of the Lease is hereby amended to provide that Tenant's Pro Rata Share for the Leased Premises shall be approximately 49.14 percent
(49.14%), subject to adjustment pursuant to the Lease. 

        4.    OCCUPANCY OF SUITE 225.    Tenant shall take occupancy and begin paying rent on the Additional Space effective
August 1, 2003. Tenant shall have access to begin construction upon amendment execution. 

        5.    ADDITIONAL SPACE BASE RENT.    Effective as of the Additional Space Commencement Date, Base Rent for the
Additional Space will be as follows: 

Months
01-04                No Charge

Months 05-16                $18.50/RSF

Months 17-28                $19.00/RSF

Months 29-40                $19.50/RSF

Months 41-52                $20.00/RSF

Months 53-62                $20.50/RSF 

        6.    OPERATING COST STOP.    Effective as of the Additional Space Commencement Date, paragraph 1.1.9 of the
Lease shall be amended to reflect that the operating cost stop for the Additional Space shall be the calendar year 2003. 

        7.    TENANT IMPROVEMENTS.    

        (a)   Tenant
shall construct, or cause to be constructed by Centerre Construction (at Tenant's expense), certain tenant improvements in the Additional Space ("Suite 225 Tenant
Improvements") in accordance with the plans and specifications to be prepared by Klipp Colussy Jenks DuBois Architects, P.C. (the "Plans and Specifications"). Tenant shall submit such Plans and
Specifications to Landlord for Landlord's review and approval prior to commencing the Suite 225 Tenant Improvements. 

        (b)   Lankford &
Associates, Inc. shall act as the authorized agent and representative of Landlord in connection with the granting of all approvals required to
be given by Landlord of the Suite 225 Tenant Improvements on behalf of Landlord. Mary Pampuch shall act as the designated representative of Lankford & Associates, Inc., and any agent or
representative as may be designated, assigned and referenced by written notice to Landlord from Tenant shall act as the designated representative of Tenant. 

        (c)   Landlord
shall provide Tenant an allowance of thirteen dollars ($13.00) per rentable square foot in the Additional Space (the "Landlord's Share") for the Suite 225
Tenant Improvements. Thus, based upon the Additional Space containing 7,855 rentable square feet, the Landlord's Share shall be no more than One Hundred Two Thousand One Hundred Fifteen and No/100
Dollars ($102,115.00). The Landlord's Share shall be due and payable by Landlord to Tenant within thirty (30) days after Tenant has delivered to Landlord a final accounting of Tenant's costs
and lien waivers from the general contractor (and its subcontractors and material suppliers) waiving any and all liens attributable to labor and materials furnished by such party in connection with
the Suite 225 Tenant Improvements. In the event that the Tenant's costs for the Suite 225 Tenant Improvements are less than the Landlord's Share, the balance of the Landlord's Share may be applied to
the Base Rent due under the Lease. 

        (d)   After
September 1, 2003, Landlord agrees that the balance, if any, of the refurbishment allowance set forth in Section 10 of Schedule 9 of the Lease
("Refurbishment Allowance") may also be applied to the Suite 225 Tenant Improvements, At Tenant's election, the balance of the Refurbishment Allowance may be applied to the Suite 225 Tenant
Improvements prior to the application of the Landlord's Share to such improvements. 

2

 

        8.    PARKING.    From and after the Additional Space Commencement Date, Schedule 8 of the Lease is hereby
amended to provide that Landlord shall provide to Tenant up to 50 additional covered unreserved parking spaces ("Additional Parking Spaces") in the parking structure, if requested by Tenant. Tenant
shall pay a monthly charge equal to $25.00 per space per month for each of the Additional Parking Spaces it has requested within the parking structure. In the event that Landlord determines, in its
sole discretion, that certain of the Additional Parking Spaces are needed for other tenants of the Building, upon 30 days prior written notice from Landlord, Tenant agrees to relinquish from
time to time to Landlord some or all of the Additional Parking Spaces. There shall be no charge for parking spaces located in the uncovered surface parking lot. All monthly parking rates for the
Additional Parking Spaces shall be fixed for the term of the Lease. 

        9.    LEGAL EFFECT.    Capitalized terms shall have the meanings set forth herein or in the Lease. To the extent the
terms and conditions of the Lease are inconsistent with this Sixth Amendment, the terms and conditions of this Sixth Amendment shall apply. In all other respects, the terms and conditions of the
Lease, except as amended by this Sixth Amendment, are and shall remain in full force and effect. 

        10.    Consent of Landlord.    This Sixth Amendment To Lease is contingent upon Landlord executing a Consent To
Sublease in the form attached hereto, and the Sixth Amendment To Lease shall not be effective unless and until such Consent to Sublease is executed by Landlord. 

This
Sixth Amendment is executed as of the date set forth above. 

	LANDLORD:	 	TENANT:
	

HIGH POINTE I DEVELOPMENT GROUP, LLC,

a Colorado limited liability company	
 	

CROWN MEDIA INTERNATIONAL, LLC.,

a Delaware limited liability company
	

By:	

LANKFORD & ASSOCIATES, INC., a Colorado corporation, (Managing Manager)	
 	

 	

 
	

By:	

/s/  ROBERT V. LANKFORD      
 Robert V. Lankford, President	
 	

By:	

/s/  RUSSELL H. GIVENS, JR.      
 Russell H. Givens, Jr. President and Chief Executive Officer

3

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Exhibit 10.62

SIXTH AMENDMENT TO LEASE

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Exhibit 10.66    
    

 
  EMPLOYMENT AGREEMENT    
    

        Agreement, made as of this 25th day of October, 2003, between Crown Media Holdings, Inc., a Delaware corporation with offices at 12700
Ventura Boulevard, Los Angeles, California 91604 or its permits assigns ("Employer") and Charles Stanford ("Employee"). 

WITNESSETH:  

        WHEREAS, Employer desires to retain the services of Employee and Employee desires to continue to be employed by
Employer upon the terms and conditions set forth: 

        NOW,
THEREFORE, in consideration of the covenants herein contained, the parties hereto agree as follows: 

        1.    Employment and Duties.    

        (a)   Effective
October 25, 2003 (the "Effective Date"), Employer hereby employs Employee and Employee hereby agrees to serve as Executive Vice President, Legal and
Business Affairs and General Counsel, reporting directly to the President and CEO of Employer. Employee agrees to perform such services, as requested by Employer, as are consistent with Employee's
position. Employee shall use Employee's best efforts to promote the interests of Employer and shall devote Employee's full business time, energy and skill exclusively to the business and affairs of
Employer during the "Term" (as "Term" is defined in Paragraph 2 below). 

        (b)   During
the course of Employee's employment hereunder, Employer may create or utilize subsidiary companies for the production and distribution of programming or to
conduct the other activities and businesses of Employer. Employer shall have the right, without additional compensation to Employee, to loan or make Employee available to any subsidiary of Employer or
company in common ownership with Employer to perform services for any programming, property or project owned or controlled by Employer or any such entity, provided that Employee's services for any
such entity shall be consistent with Employee's duties hereunder. Employee further agrees that all the terms of this Employment Agreement shall be applicable to Employee's services for each such
entity. 

        2.    Term of Employment.    The term of Employee's employment ("Term") with Employer shall commence on
October 25, 2003 and shall end on October 24, 2006 unless terminated earlier as is provided in Paragraph 8 of this Agreement or extended by mutual agreement of the parties. 

        3.    Compensation.    

        (a)    Salary.    As compensation for Employee's services hereunder, Employer shall pay to Employee a salary at the
rate of $395,000 per year during the first year of the Term, $415,000 per year during the second year of the Term and $436,000 during the third year of the Term. Such salary shall be paid biweekly, in
arrears. 

        (b)    Bonuses.    Following the end of each calendar year during the Term, Employee will be paid a bonus in an amount
based on achievement of the financial goals set out in Schedule A attached hereto. Such bonus will be paid to Employee on the date following the applicable calendar year which Employer
designates for payment of bonuses to its employees in general. 

        (c)    Withholding.    All payments of salary shall be made in appropriate installments to conform with the regular
payroll dates for salaried personnel of Employer. Employer shall be entitled to deduct from each payment of compensation to Employee such items as federal, state and local income taxes, FICA,
unemployment insurance and disability contributions, and such other deductions as may be required by law. 

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        (d)    Expenses.    During the Term, Employer shall pay or reimburse Employee on an accountable basis for all
reasonable and necessary out-of-pocket expenses for entertainment, travel, meals, hotel accommodations and other expenditures incurred by Employee in connection with Employee's
services to Employer in accordance with Employer's expense account policies. 

        (e)    Fringe Benefits.    During the Term, Employee shall be entitled to receive the following fringe benefits:
(i) four weeks paid vacation per year, (ii) group medical, dental, life and disability insurance as per Employer policy, and (iii) any other fringe benefits, on terms that are or
may become available generally to comparable employees of Employer. 

        4.    Place of Employment.    During the Term, Employee shall be based and principally perform Employee's duties at
the Los Angeles area offices of Employer, however, Employee shall undertake all travel required by Employer in connection with the performance of Employee's duties hereunder. 

        5.    Confidentiality, Intellectual Property; Name and Likeness.    

        (a)   Employee
agrees that Employee will not during the Term or thereafter divulge to anyone (other than Employer and its executives, representatives and employees who need to
know such information or any persons designated by Employer) any knowledge or information of any type whatsoever designated or treated as confidential by Employer relating to the business of Employer
or any of its subsidiaries or affiliates, including, without limitation, all types of trade secrets, business strategies, marketing and distribution plans as well as concrete proposals, plans,
scripts, treatments and formats described in subparagraph (b) below. Employee further agrees that Employee will not disclose, publish or make use of any such knowledge or information of a
confidential nature (other than in the performance of Employee's duties hereunder) without the prior written consent of Employer. This provision does not apply to information which becomes available
publicly without the fault of Employee or information which Employee discloses in confidence to Employee's own privileged representatives or is required to disclose in legal proceedings, provided
Employee gives advance notice to the Chief Executive Officer of Employer and an opportunity to Employer to resist such disclosure in legal proceedings. 

        (b)   During
the Term, Employee will disclose to Employer all concrete proposals, plans, scripts, treatments, and formats invented or developed by Employee during the Term
which relate directly or indirectly to the business of Employer or any of its subsidiaries or affiliates including, without limitation, any proposals and plans which may be copyrightable,
trademarkable, patentable or otherwise exploitable. Employee agrees that all such proposals, plans, scripts, treatments, and formats are and will be the property of Employer. Employee further agrees,
at Employer's request, to do whatever is necessary or desirable to secure for the Employer the rights to said proposals, plans, scripts, treatments, and formats, whether by copyright, trademark,
patent or otherwise and to assign, transfer and convey the rights thereto to Employer at Employer's expense. 

        (c)   Employer
shall have the right in perpetuity to use Employee's name in connection with credits for programming, properties and projects for which Employee performs any
services pursuant to this Agreement. 

        6.    Employee's Representations.    Employee represents and warrants that: 

        (a)   Employee
has the right to enter into this Agreement and is not subject to any contract, commitment, agreement, arrangement or restriction of any kind which would prevent
Employee from performing Employee's duties and obligations hereunder; 

        (b)   To
the best of Employee's knowledge, Employee is not subject to any undisclosed medical condition which might have a material effect on Employee's ability to perform
satisfactorily Employee's services hereunder. 

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        7.    Non-Competition; No Raid.    

        (a)   During
the Term, Employee shall not engage directly or indirectly, whether as an employee, independent contractor, consultant, partner, shareholder or otherwise, in a
business or other endeavor which materially interferes with any of Employee's duties or obligations hereunder or which is directly competitive with the business of the Employer or its subsidiaries,
including but not limited to the production, distribution or any other exploitation of audiovisual television material (the "Other Business"). 

        (b)   Employee
further agrees that during the Term and for a period of one year thereafter, Employee will not employ, or attempt to employ or assist anyone else to employ, any
person who is, at the date of termination of Employee's employment, working as an officer, policymaker or in high-level creative development or distribution (including without limitation
executive employees) for or rendering substantially full-time services as such to Employer. 

        8.    Termination.    

        (a)   This
Agreement may be terminated and the Term ended on five (5) business days' written notice for any one of the following reasons (except (i) in which
case termination shall occur on the date of death): 

        (i)    The
death of Employee; 

        (ii)   The
physical or mental disability of Employee to such an extent that Employee is unable to render services to Employer for a period exceeding an aggregate of thirty
(30) business days during any twelve month period of the Term. For purposes of counting the aggregate of thirty (30) business days, days properly designated by Employee as vacation days
shall not be counted; 

        (iii)  For
"cause," which for purposes of this Agreement shall be defined as: 

        (A)  the
use of drugs and/or alcohol which interfere materially with Employee's performance of Employee's services under this Agreement; 

        (B)  Employee's
conviction of any act which constitutes a felony under federal, state or local laws or the law of any foreign country; 

        (C)  Employee's
persistent failure after written notice to perform, or Employee's persistent refusal to perform after written notice, any of Employee's duties and
responsibilities pursuant to this Agreement; or 

        (D)  Employee's
dishonesty in financial dealings with or on behalf of Employer, its subsidiaries, affiliates and parent corporation or in connection with performance of
Employee's duties hereunder. 

        (b)   Employer
shall also have the right to terminate Employee prior to the expiration of the Term in addition to pursuant to Paragraph 8(a) above by providing Employee
with not less than thirty (30) days' advance notice in writing. In the event of a termination pursuant to this Paragraph 8(b): (i) the Employer shall pay to the Employee,
commencing thirty (30) days after such notice of termination, the remaining amounts described in Paragraph 3(a) above for the balance of the Term at such time or times such payments
would otherwise be due. Employer shall have no further obligations to Employee hereunder. If Employer terminates Employee under this Paragraph 8(b), Paragraph 7(a) shall not apply from
the date of termination. 

        (c)   In
the event that Employer terminates this Agreement due to any of the reasons set forth in Paragraphs 8(a)(i), 8(a)(ii) or 8(a)(iii)(A-D) above,
Employee shall be paid Employee's salary through the later of the expiration of the five (5) business days period referred to in 

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Paragraph 8(a)
or the end of the month in which the termination event occurs, after which Employer's obligation to pay salary to Employee shall terminate. After making the payments provided for
in this sub-paragraph (c), Employer shall have no further obligations to Employee pursuant to this Agreement. 

        (d)   Upon
termination of this Agreement, Employee shall promptly return all of Employer's property to Employer. 

        (e)   Upon
termination of Employee's employment for any reason, Employee shall tender Employee's resignation from the Board of Directors of any of Employer's subsidiaries or
affiliates on which Employee is serving, and Employer shall accept such resignation forthwith. 

        9.    Breach; Remedies.    Both parties recognize that the services to be rendered under this Agreement by Employee
are special, unique and extraordinary in character, and that in the event of the breach by Employee of the terms and conditions of this Agreement, Employer shall be entitled,  inter alia, if it so elects,
 to institute and prosecute proceedings in any court of competent jurisdiction, either in law or in equity, to obtain
damages for any breach of this Agreement, and to seek to enforce the specific performance thereof by Employee, and/or to seek to enjoin Employee from performing services for any other person, firm or
corporation. The parties further stipulate that the law of California shall apply to any dispute of action regarding this Agreement. 

        10.    Assignment.    This Agreement is a personal contract and, except as specifically set forth herein, the rights,
interests and obligations of Employee herein may not be sold, transferred, assigned, pledged or hypothecated, although Employee may assign or use as security payments due hereunder from Employer. The
rights and obligations of Employer hereunder shall bind in their entirety the successors and assigns of Employer, although Employer shall remain fully liable hereunder. As used in this Agreement, the
term "successor" shall include any person, firm, corporation or other business entity which at the time, whether by merger, purchase or otherwise, acquires all or substantially all of the assets or
business of Employer. 

        11.    Amendment; Captions.    This Agreement contains the entire agreement between the parties. It may not be changed
orally, but only by agreement in writing signed by the party against whom enforcement of any waiver, change, modification or discharge is sought. Paragraph headings are for convenience of reference
only and shall not be considered a part of this Agreement. If any clause in this Agreement is found to be unenforceable, illegal or contrary to public policy, the parties agree that this Agreement
shall remain in full force and effect except for such clause. 

        12.    Prior Agreements.    This Agreement supersedes and terminates all prior agreements between the parties relating
to the subject matter herein addressed, including the Employment Agreement with Employer dated October 25, 2000, and sets out the full agreement between the parties concerning its subject
matter. 

        13.    Notices.    Any notices or other communications required or permitted hereunder shall be in writing and shall
be deemed effective when delivered in person or if mailed, by registered or certified mail, return receipt requested, in which case the notice shall be deemed effective on the date of deposit in the
mails, postage prepaid, addressed to Employee at the address for Employee appearing in Employer's records and, in the case of Employer, addressed to its Chief Executive Officer at the address first
written above. Either party may change the address to which notices are to be addressed by notice in writing given to the other in accordance with the terms hereof. 

        14.    Periods of Time.    Whenever in this Agreement there is a period of time specified for the giving of notices or
the taking of action, the period shall be calculated excluding the day on which the giver sends notice and excluding the day on which action to be taken is actually taken. 

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        15.    Counterparts.    This Agreement may be signed in any number of counterparts, each of which shall be an
original, and all of which, taken together, shall constitute one instrument. 

        IN WITNESS WHEREOF, Employer has by its appropriate officer signed this Agreement and Employee has signed this Agreement as of the day and
year first above written. 

	 	 	CROWN MEDIA HOLDINGS, INC.
	

 	
 	

By	

/s/  DAVID EVANS      

	

 	
 	

Title	

PRESIDENT/CEO

	    	 	 	 
	

 	
 	
EMPLOYEE
	

 	
 	

/s/  CHARLES STANFORD      
 Charles Stanford

5

 
 
 

Schedule A—Bonus    
    

        Employee's bonus will be divided into two categories—a discretionary bonus and a performance based bonus. The benchmark for the total bonus amount
will be 20% of Employee's then-current salary, as set out in Paragraph 3(a) if the Agreement. 

        30%
of the bonus will be discretionary, i.e., whether this portion of the bonus is awarded and the amount of the bonus will be in the sole discretion of Employer and the Compensation
Committee of the Board of Directors of Crown Media Holdings, Inc. The maximum amount payable under this discretionary portion of the bonus would be 6% of current salary. 

        The
remaining 70% of the bonus will be awarded based on Crown Media Holdings, Inc. achievement of "Revenue" and "EBITDA" "Targets" for the year for which the bonus is
paid—each will account for half of this portion of the bonus. The benchmark for each of the Revenue and EBITDA portions is 7% of salary, although a greater amount may be paid if Revenue
and/or EBITDA Targets are exceeded. The formula for payment of this bonus based on percentage achievement of Revenue and EBITDA Targets is as follows: 

	Percentage of Revenue or EBITDA Target Achieved
 
	 	Percentage of Salary

Payable as Bonus
	 
	Below 85%	 	No bonus	 
	85% or more but less than 90%	 	5.6	%
	90% or more, but less than 95%	 	6.3	%
	95% or more, but less than 98%	 	6.65	%
	98% or more, but less than 102%	 	7	%
	102% or more, but less than 105%	 	7.77	%
	105% or more, but less than 110%	 	8.4	%
	110% or more	 	10.5	%

        By
way of example, if 110% of the Revenue Target is achieved for the year and only 90% of the EBITDA Target is achieved, the total performance based portion of the bonus would equal
16.8% of salary (i.e. 10.5% for exceeding the Revenue Target and 6.3% for substantial achievement of the EBITDA Target.) 

        "Revenue"
for this purpose will be the sum of gross subscriber revenues and gross advertising sales revenues (less agency commissions) which are realized for accounting purposes by
Employer in each fiscal year. "EBITDA" will have the meaning designated by Employer's outside auditors, consistent with GAAP. The "targets" for each will be those designated in the Employer's
financial "Plan" for each fiscal year, as determined by the CEO of Crown Media Holdings, Inc. and Board of Directors of Crown Media Holdings, Inc. Bonus payments shall be made on the
dates designated by Employer for payment of bonuses to Crown employees in general. 

6

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Exhibit 10.66

EMPLOYMENT AGREEMENT

Schedule A—Bonus

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