Document:

<PAGE>
                                                                   EXHIBIT 10.24

                                  LIN TV CORP.
                        2002 EMPLOYEE STOCK PURCHASE PLAN

         LIN TV Corp., a Delaware corporation, (the "Company") does hereby
establish the LIN TV Corp. 2002 Employee Stock Purchase Plan ("Plan") as
follows:

1.       PURPOSE

         The purpose of the Plan is to encourage stock ownership among eligible
employees by providing a convenient method of purchasing the Company's common
stock through participation payroll deduction. The Plan is designed to meet the
requirements of Section 423 of the Internal Revenue Code of 1986, as amended
("Code").

2.       DEFINITIONS

         Capitalized terms in the Plan shall have the meanings assigned to such
terms in the Plan, unless the context clearly requires another construction.

         (a) "Account" shall mean the dollar amount accumulated with respect to
an Eligible Employee as a result of deductions from his paycheck for the purpose
of purchasing shares of Common Stock under the Plan. The amounts allocated to an
Eligible Employee's account under the Plan shall remain the property of the
respective Eligible Employee at all times but may be commingled with the general
assets of the Company.

         (b) "Base Pay" shall mean regular straight time earnings, overtime, and
commissions (excluding bonus other special payments except to the extent that
any such excluded item is specifically included by the Board).

         (c) "Board" shall mean the Board of Directors of the Company.

         (d) "Broker" shall mean the entity selected by the Committee, as
provided in Section 7, to hold shares of Common Stock purchased by or on behalf
of a Participant pursuant to the Plan.

         (e) "Code" shall mean the Internal Revenue Code of 1986, as amended.

         (f) "Committee" shall mean the Committee administering the Plan, as
described in Section 8 hereof.

         (g) "Common Stock" shall mean the common stock of the Company.

         (h) "Corporate Reorganization" shall mean any merger, consolidation,
combination, liquidation, reorganization, recapitalization, stock dividend,
stock split,

<PAGE>

split-up, split-off, spin-off, combination of shares, exchange of shares or
other like change in capital structure of the Company.

         (i) "Effective Date" shall mean July 1, 2002.

         (j) "Eligible Employee" shall mean any employee of the Company or any
Participating Subsidiary who is regularly scheduled to work more than 20 hours
per week for more than five months in a particular calendar year, excluding (i)
any individual whose earnings for services performed by such individual for the
Company or a Participating Subsidiary are not treated as wages for purposes of
Section 3401(a) of the Code, or (ii) any person who is a Five Percent Owner.

         (k) "Fair Market Value" shall mean, as to a share of Common Stock, the
average of the high and low prices of such Common Stock as reported on the
principal national securities exchange on which the shares of Common Stock are
then listed on the date specified herein, or if there were no sales on such
date, on the next preceding day on which there were sales, or if such Common
Stock is not listed on a national securities exchange, the last reported bid
price in the over-the-counter market, or if such shares are not traded in the
over-the-counter market, the per share cash price for which all of the
outstanding Common Stock could be sold to a willing purchaser in an arms length
transaction (without regard to minority discount, absence of liquidity, or
transfer restrictions imposed by any applicable law or agreement) at the date of
the event giving rise to a need for a determination. Fair Market Value shall be
determined in good faith by the Committee.

         (l) "Five Percent Owner" shall mean an employee who, as of the date an
option would be granted under the Plan, owns stock possessing 5 percent or more
of the total combined voting power or value of all classes of stock of the
Company (or of its Parent or Subsidiary). For purposes of determining ownership,
stock owned by certain relatives and entities owned or controlled by an employee
shall be counted as owned by the employee in accordance with the rules of
Section 424(d) of the Code, and stock which the employee may purchase under
outstanding options (without regard to whether such options are granted under
the Plan) shall be treated as stock owned by the employee.

         (m) "Offering Date" shall mean a date that securities are offered for
sale under the Plan, in accordance with Sections 3 and 5 of the Plan, and as
otherwise determined by the Committee.

         (n) "Offering Period" shall mean a six-month period commencing on each
July 1 and January 1 (or if such day is not a regular business day, the first
regular business day thereafter) that occurs on or after the Effective Date and
before the date the Plan terminates pursuant to Section 9(b) hereof.

         (o) "Parent" shall mean a "parent corporation" of the Company within
the meaning of Section 424(e) of the Code.

                                       2
<PAGE>

         (p) "Participant" shall mean an Eligible Employee who is enrolled in
the Plan pursuant to the procedures described in Section 3 hereof.

         (q) "Participating Subsidiary" shall mean a Subsidiary designated by
the Board or the Committee and described on Appendix A hereto.

         (r) "Plan" shall mean the LIN TV Corp. 2002 Employee Stock Purchase
Plan, as in effect from time to time.

         (s) "Subsidiary" shall mean a "subsidiary corporation" of the Company
within the meaning of Section 424(f) of the Code.

         (t) "Transfer" shall mean disposition by means of a sale, exchange,
gift or transfer of legal title, but shall not include any disposition following
a Participant's death by virtue of the laws of descent and distribution.

3.       PARTICIPATION

         (a) Offering Date.

                  (1) Each individual who is an Eligible Employee on the start
date of an Offering Period under the Plan may enter the Offering Period on such
date, provided that the individual remains an Eligible Employee.

                  (2) Each individual who first becomes an Eligible Employee
after the start date of an Offering Period may enter the Offering Period as of
the later of the Eligible Employee's hire date or the date the individual
becomes an Eligible Employee.

                  (3) The date an Eligible Employee enters an Offering Period
shall be designated as his Offering Date for purposes of the Offering Period.

         (b) Enrollment. To participate in the Plan for a particular Offering
Period, an Eligible Employee must complete and return to the Company enrollment
forms prescribed by the Committee on or before the Eligible Employee's scheduled
Offering Date, in accordance with procedures established by the Committee from
time to time. An Eligible Employee's enrollment form shall authorize the Company
to deduct from his pay, 2%, 4%, 6%, 8% or 10% of Base Pay during the Offering
Period. The Plan shall not accept any cash payments to the Plan by the
Participant other than the deductions authorized under the Participant's
enrollment form, except as provided in Section 3(g) hereof.

         (c) Payroll Deductions. The deduction rate authorized by the
Participant under his enrollment form shall continue in effect throughout the
Offering Period except as follows:

                                       3
<PAGE>

                  (1) The Participant may reduce his rate of payroll deduction
to zero and withdraw from the Plan during an Offering Period by delivering a
withdrawal notice to the Company. Payroll deductions shall cease in connection
with the Participant's withdrawal from the Plan effective as soon as practicable
following the date the withdrawal notice is received by the Committee.

                  (2) The Participant may, prior to the commencement of any new
Offering Period, change the rate of payroll deductions for future Offering
Periods by filing a new enrollment form with the Committee.

         (d) Treatment of Payroll Deductions. A Participant's payroll deductions
shall be credited to his Account under the Plan, but shall not be held in a
trust fund and may be commingled with the general assets of the Company. No
interest shall be paid or allowed on any amounts in a Participant's Account.

         (e) Re-enrollment Following Withdrawal. An Eligible Employee who has
previously withdrawn from the Plan may again become a Participant by filing a
new enrollment form with the Committee. The Eligible Employee shall not become a
Participant until the first Offering Period that begins after the date the
enrollment form is received by the Committee or, if the withdrawing employee is
an officer of the Company within the meaning of Section 16 of the Securities
Exchange Act of 1934, as amended ("Exchange Act"), until the second Offering
Period beginning after the date of his withdrawal (if such date is later), to
the extent required under the Exchange Act.

         (f) Termination of Employment. An individual's participation in the
Plan shall terminate upon a Participant's termination of employment for any
reason, including but not limited to a Participant's death or retirement. As
soon as practicable following the date a Participant's employment with the
Company or a Participating Subsidiary is terminated, the Company shall refund to
the terminating Participant the balance in his Account as of the date such
refund is made.

         (g) Leaves of Absence. During leaves of absence approved by the Company
and meeting the requirements of Treasury Regulation Section 1.421-7(h)(2), a
Participant may continue participation in the Plan by making cash payments to
the Company on the Participant's normal paydays equal to the amount of the
Participant's payroll deduction as if the Participant had not taken a leave of
absence.

4.       SHARES AUTHORIZED

         (a) Maximum. The maximum number of shares of Common Stock that may be
offered under the Plan is 600,000 shares of Common Stock. The shares of stock to
be sold to Participants under the Plan shall be shares of Common Stock. If the
total number of shares of Common Stock for which options are to be granted under
the Plan on any date, in accordance with Section 5 hereof, exceeds the number of
shares of Common Stock then available under the Plan (after deduction of all
shares of Common Stock for

                                       4
<PAGE>

which options have been exercised or are then outstanding), the Company shall
make a pro rata allocation of the shares of Common Stock remaining available in
as nearly a uniform manner as shall be practicable and as it shall determine to
be equitable. In such event, the payroll deductions to be made pursuant to
Participants' authorizations shall be reduced accordingly and the Company shall
give written notice of such reduction to each affected Participant.

         (b) Corporate Reorganization. In the event that, by reason of a
Corporate Reorganization, the Common Stock is substituted, combined, or changed
into any cash, property, or other securities, or the shares of Common Stock are
changed into a greater or lesser number of shares of Common Stock, the number
and/or kind of shares and/or interests subject to an option and the per share
price or value thereof shall be appropriately adjusted by the Committee to give
appropriate effect to such Corporate Reorganization. Any fractional shares or
interests resulting from such adjustment may be eliminated.

5.       OPTIONS

         (a) Offering Period. There shall be ten separate consecutive Offering
Periods under the Plan.

         (b) Grant of an Option. A Participant shall be deemed to have been
granted a separate option for each Offering Period in which he participates in
the Plan. The option shall be granted effective as of the Participant's Offering
Date with respect to the Offering Period and shall provide the Participant with
the right to purchase shares of Common Stock, in a series of successive
installments during the Offering Period on the terms described in this Section
5. Under no circumstances shall an option be granted under the Plan to any
Eligible Employee if such individual would, immediately after the grant, be a
Five Percent Owner.

         (c) Exercise Price. The exercise price per share of Common Stock shall
be equal to 85% of the Fair Market Value of a share of Common Stock as of the
final trading date of each calendar month within the Offering Period ("Exercise
Price"). Each option shall be automatically exercised in installments on each
successive purchase date within the Offering Period, provided that "purchase
date" shall mean the final trading date of each calendar month within the
Offering Period ("Purchase Date"). The purchase of shares of Common Stock shall
be effected by applying the amount in the Participant's Account as of the
Purchase Date to the purchase of shares of Common Stock at the Exercise Price in
effect for such Purchase Date.

         (d) Purchasable Shares. The number of shares of Common Stock
purchasable by a Participant on each Purchase Date during the Offering Period
shall be the number of shares (including a portion of a whole share) obtained by
dividing the amount collected from the Participant through payroll deductions
during the month ending with such Purchase Date by the Exercise Price in effect
for such Purchase Date.

                                       5
<PAGE>

         (e) Limitation. Notwithstanding anything herein to the contrary, a
Participant shall not be granted an option pursuant to this Section 5 if such
option grant would cause the Participant to have the right to purchase stock
under all employee stock purchase plans of the Company (and of any Subsidiary or
Parent) at a rate that exceeds $25,000 of the Fair Market Value of such shares
(determined at the time such right to purchase is granted) for each calendar
year in which such option would be outstanding.

         (f) Termination of Option. The following provisions shall govern the
termination of an outstanding option granted under the Plan:

                  (1) A Participant may, prior to the next scheduled Purchase
Date in the Offering Period, terminate his outstanding option by filing a
withdrawal notice with the Committee. Payroll deductions with respect to the
Participant shall thereafter cease, as provided in Section 3(c)(1) hereof. As
soon as practicable following the Committee's receipt of a withdrawal notice
from a Participant, the Company shall refund to the withdrawing Participant the
balance in his Account as of the date such refund is made.

                  (2) The termination of an option shall be irrevocable, and the
Participant shall not subsequently rejoin the Offering Period for which the
terminated option was granted.

                  (3) Except as provided in Section 3(g) hereof, if the
Participant ceases to remain an Eligible Employee for any reason (including
death, disability, or change in status) while his option is outstanding, the
option shall terminate as of the date the individual ceases to be an Eligible
Employee, and the balance in the Participant's Account shall be refunded in
accordance with subparagraph (f)(1), above.

6.       EXERCISE OF OPTION

         On each Purchase Date during an Offering Period, each Participant shall
be deemed to have exercised the option granted to the Participant under Section
5(b) hereof and shall be deemed to have delivered to the Company the Exercise
Price with respect to the option from the accumulated payroll deductions in his
Account.

7.       STOCK OWNERSHIP

         A Participant shall have no rights as a shareholder of the Company with
respect to shares of Common Stock subject to an option granted under the Plan
until the shares of Common Stock subject to the option are purchased on the
Participant's behalf in accordance with the terms of the Plan and the
Participant has become a shareholder of record with respect to the purchased
shares of Common Stock. Shares of Common Stock purchased by or on behalf of a
Participant shall be credited to a brokerage account established in the
Participant's name at a stock brokerage or other financial services firm

                                       6
<PAGE>

designated by the Committee (such firm, the "Broker") as soon as practicable
following the closing of each Offering Period.

8.       ADMINISTRATION

         (a) Committee. The Plan shall be administered by the Compensation
Committee of the Board or such other committee as may be designated by the
Board, provided that the committee shall consist of at least two (2) members
("Committee"); further provided that if no such committee is designated by the
Board, the Board shall act as the Committee. The Committee may delegate to one
or more of its members, or to one or more agents, such administrative duties as
it may deem advisable, and the Committee or any person to whom it has delegated
duties as aforesaid may employ one or more persons to render advice with respect
to any responsibility the Committee or such person may have under the Plan.

         (b) Responsibilities. The Committee is vested with full authority to
administer and interpret the provisions of the Plan, and to make any rules,
procedures and decisions in connection therewith. Any determination, decision or
action of the Committee in connection with the construction, interpretation,
administration or application of the Plan shall be final, conclusive and
binding.

         (c) Indemnification. No member of the Committee and no employee of the
Company shall be liable for any act or failure to act hereunder, except in
circumstances involving his bad faith, gross negligence or willful misconduct,
or for any act or failure to act hereunder by any other member or employee or by
any agent to whom duties in connection with the administration of this Plan have
been delegated. The Company shall indemnify members of the Committee and any
agent of the Committee who is an employee of the Company or of a Parent or a
Subsidiary against any and all liabilities or expenses to which he may be
subjected by reason of any act or failure to act with respect to his duties on
behalf of the Plan, except in circumstances involving such person's bad faith,
gross negligence or willful misconduct.

9.       AMENDMENT AND TERMINATION

         (a) Amendment. The Board of Directors shall have the right to amend,
modify, suspend or terminate the Plan at any time, provided that no amendment
shall impair existing rights of Participants with respect to offerings already
made to such Participants; further provided that if stockholder approval of an
amendment is required for the Plan to continue to meet the requirements of
Section 423 of the Code such amendment shall not become effective prior to
obtaining such stockholder approval. If the Board amends the Plan to increase
the aggregate number of shares of Common Stock that may be issued under the Plan
(other than as permitted in Section 4(b) hereof), no shares of Common Stock
shall be issued under the increased shares limit until the amendment is approved
by the stockholders of the Company. In the event such stockholder approval is
not obtained within twelve months after the date on which the

                                       7
<PAGE>

amendment increasing the share limit is adopted by the Board, the amendment
shall terminate and have no further force or effect, and all sums collected from
Participants to purchase the additional shares shall be refunded. The Board or
the Committee may authorize a Subsidiary to become a Participating Subsidiary,
or may revoke a Subsidiary's status as a Participating Subsidiary, from time to
time without stockholder approval.

         (b) Termination. This Plan shall terminate at the earliest of: (i) July
1, 2007, (ii) the date of any Corporate Reorganization in which the Company is
not the surviving corporation, (iii) the date all shares of Common Stock
reserved under the Plan have been purchased, (iv) the Board terminates the Plan
pursuant to Section 9(a) hereof. In the event the Plan terminates due to a
Corporate Reorganization, the Committee may permit Participants to exercise
outstanding options to purchase shares of Common Stock for as many full shares
of Common Stock as may be purchased with the balance of the Participant's
Account on such date prior to the Corporate Reorganization as the Committee
determines. Any balance remaining in a Participant's Account following
termination of the Plan shall be refunded to the Participant.

10.      MISCELLANEOUS

         (a) Withholding. The Company may withhold any tax (or other
governmental obligation) as a result of a Participant's participation in the
Plan and the Participant shall take such actions as are necessary to enable the
Company to satisfy all such withholding requirements.

         (b) Tenure. Nothing contained in the Plan shall affect, or be construed
as affecting, the terms of employment with respect to any employee. Nothing
contained in the Plan shall impose, or be construed as imposing, an obligation
on the Company or any Parent or Subsidiary continue the employment of any
employee.

         (c) Assignability. An option granted under the Plan to a Participant
shall not be assignable or transferable by the Participant and shall be
exercisable only by the Participant.

         (d) Governing Law. The validity and construction of the Plan shall be
governed by the laws of the State of Delaware, excluding any conflicts or choice
of law rules or principles that might otherwise refer construction or
interpretation of any provision of the Plan or any such agreement to the
substantive law of another jurisdiction, except to the extent superseded by any
applicable federal law.

         (e) Construction. This Plan is intended to qualify as an employee stock
purchase plan under the provisions of Section 423 of the Code. Any reference to
the masculine gender shall refer to the feminine gender where appropriate.

                                       8
<PAGE>

         (f) Compliance with Laws. The Company's obligation to sell and deliver
shares of Common Stock under the Plan is subject to the approval of any
governmental authority required in connection with the authorization, issuance
or sale of such shares.

11.      EFFECTIVE DATE

         The Plan shall be effective as of July 1, 2002, but shall be void ab
initio if not approved by the majority of stockholders of the Company within
twelve months thereafter.

                                       9
<PAGE>

                                   APPENDIX A

                           PARTICIPATING SUBSIDIARIES

                                   [OMITTED]<PAGE>
                                                                     EXHIBIT 4.3
                      AMENDMENT NO. 2 TO RIGHTS AGREEMENT

         This AMENDMENT NO.2, to the Rights Agreement ("Amendment No. 2") dated
as of April 29, 2002 between Centex Corporation, a Nevada corporation (the
"Company"), and Mellon Investor Services LLC (f/k/a ChaseMellon Shareholder
Services, L.L.C.), as Rights Agent (the "Rights Agent"),

                                   WITNESSETH

         WHEREAS, the Company and the Rights Agent entered into a Rights
Agreement dated as of October 2, 1996, as amended February 19, 1999 (the "Rights
Agreement"); and

         WHEREAS, the purchase price for the Rights (as defined in the Rights
Agreement) was originally $135.00 which upon giving effect to the stock split
effective March 2, 1998, became $67.50 (the "Original Purchase Price"); and

         WHEREAS, pursuant to Section 27 of the Rights Agreement, the Board of
Directors of the Company has authorized this Amendment No. 2, which will raise
the Original Purchase Price from $67.50 to $210.00.

         NOW THEREFORE, in consideration of the premises and the mutual
agreements herein set forth, the parties hereto agree as follows:

         Section 1. Certain Definitions. Unless otherwise specifically defined
herein, each term used herein which is defined in the Rights Agreement has the
meaning assigned to such term in the Rights Agreement. Each reference to
"hereof", "herein" and "hereby" and each other similar reference and each
reference to "this Agreement" and each other similar reference contained in the
Rights Agreement shall, after this Amendment No. 2 becomes effective, refer to
the Rights Agreement as amended hereby.

         Section 2. Rights Agent. The first sentence of Section 2 of the Rights
Agreement is hereby amended to delete the following words:

                  "and the holders of the Rights (who, in accordance with
                  Section 3 hereof, shall prior to the Distribution Date also be
                  the holders of the Common Shares)."

         Section 3. Exercise of Rights; Purchase Price; Expiration Date of
Rights. Subsection (b) of Section 7 hereby amended in its entirety to read as
follows:

         "(b) The Purchase Price for each Unit of Preferred Stock pursuant to
the exercise of a Right shall initially be $210.00, and shall be subject to
adjustment from time to time as provided in Sections 11 and 13(a) hereof and
shall be payable in accordance with paragraph (c) below."

<PAGE>

         Section 4. Summary of Rights to Purchase Preferred Stock. The second
paragraph to Exhibit C to the Rights Agreement is hereby amended to read in its
entirety as follows:

         "In connection with the new rights plan, the Board of Directors
declared a dividend distribution of one Right for each outstanding share of the
Company's Common Stock, par value $.25 per share (the "Common Stock"), to
stockholders of record at the close of business on October 15, 1996. Each Right
entitles the registered holder to purchase from the Company a unit consisting of
one two-hundredth of a share (a "Unit") of Junior Participating Preferred Stock,
Series D, par value $.25 per share (the "Preferred Stock"), at a Purchase Price
of $210.00 per Unit, subject to adjustment. The Purchase Price may be paid, at
the option of the holder, in cash or shares of Common Stock having a value at
the time of exercise equal to the Purchase Price. The description and terms of
the Rights are set forth in a Rights Agreement (the "Rights Agreement") between
the Company and Mellon Investor Services LLC (f/k/a ChaseMellon Shareholder
Services, L.L.C.), as Rights Agent."

         Section 5. Governing Law. THIS AMENDMENT NO. 2 SHALL BE DEEMED TO BE A
CONTRACT MADE UNDER LAWS OF THE STATE OF NEVADA AND FOR ALL PURPOSES SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF SUCH STATE APPLICABLE
TO CONTRACTS TO BE MADE AND PERFORMED ENTIRELY WITHIN SUCH STATE.

         Section 6. Counterparts. This Amendment No. 2 may be executed in any
number of counterparts, each of which shall for all purposes be deemed to be an
original, and all such counterparts shall together constitute but one and the
same instrument.

         Section 7. Descriptive Headings. Descriptive headings of the several
Sections of this Amendment No. 2 are inserted for convenience only and shall not
control or affect the meaning or construction of any of the provisions of this
Amendment No. 2.

         Section 8. Effectiveness. This Amendment No. 2 shall become effective
upon execution by each of the parties hereto of a counterpart hereof.

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 2
to be duly executed and attested, all as of the day and year first above
written.

                                          CENTEX CORPORATION

Attest:

By:  /s/ Kathleen B. McCamey              By: /s/ Raymond G. Smerge
     ---------------------------------       -----------------------------------
     Name: Kathleen B. McCamey            Name:  Raymond G. Smerge
     Title:   Assistant Secretary         Title: Executive Vice President,
                                                 Chief Legal Officer, General
                                                 Counsel and Secretary

                                          MELLON INVESTOR SERVICES LLC

Attest:

By:  /s/ Tim Reagan                       By: /s/ David M. Cary
     ---------------------------------       -----------------------------------
     Name: Tim Reagan                        Name: David M. Cary
     Title: Assistant Vice President         Title: Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00038-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00038-of-00352.parquet"}]]