Document:

EX-10.05

 Exhibit 10.05 
 EMPLOYMENT AGREEMENT 
 For 

JOHN C. DONLEVIE 
 THIS EMPLOYMENT AGREEMENT (this “Agreement”), made as of the 1st day of November, 2012, is by and between Entercom Communications Corp. a Pennsylvania corporation (hereinafter
“Company”) and John C. Donlevie (hereinafter “Employee”). 
 WHEREAS, Employee has
served as Executive Vice President and General Counsel of the Company for many years, and has expressed a desire to develop a plan to shift over time Employee’s duties to others with a reducing workload and leading to his retirement; and

 WHEREAS, the Company desires to retain Employee during such period, as described herein, and Company and Employee have
agreed on a plan that leads to Employee’s retirement in January 2015; and 
 WHEREAS, the parties desire to set
forth the terms which have been agreed upon for Employee to provide the services specified hereunder. 
 NOW, THEREFORE,
the parties hereto, intending to be legally bound hereby, agree as follows: 
 1. Resignation as General Counsel. The Company and Employee
agree and acknowledge that effective as of the close of business on December 31, 2012 Employee will resign as General Counsel of the Company. 
 2. Duties. The Company and Employee agree and acknowledge that effective as of January 1, 2013, Employee agrees to continue to serve, on a full-time employment basis, as Executive Vice
President of the Company. In connection therewith, the Employee agrees to perform such services as assigned from time to time by the CEO of the Company. The parties anticipate that, while Employee will remain a full time employee through the end of
the term of this Agreement, Employee’s scheduled work hours in the office will decline over the Term as others are assigned to take over specific duties previously performed by Employee. When not in the office Employee shall remain on-call for
offsite work and consultation. Within that framework it is anticipated that: 
 a. Through June 30, 2013 Employee will
continue to perform duties similar to those he has performed in the past with the exception of serving as General Counsel. During this period Employee will serve as a consultant to the new General Counsel aiding in the transition. Other duties are
anticipated to continue to include, but to a lesser degree, providing legal advice and counseling, government relations, risk management and assistance with human resources issues and engineering/capital projects. In addition, during this period
Employee will continue to serve at the pleasure of the Board of Directors as Secretary of the Company. 
 b. From July 1,
2013 to December 31, 2013 Employee’s regular duties will be reduced as specific functions are transferred to others. The duties during this period are anticipated to include risk management, government affairs, assistance with human
resources issues and engineering/capital projects as well as continued legal work, as need in the Legal Department arises. In addition, Employee will work on special projects on an as needed basis. During this period Employee may continue to serve
at the pleasure of the Board of Directors as Secretary of the Company but, in any event, will resign as Secretary on or before December 31, 2013. 

 c. From January 1, 2014 to January 15, 2015 it is anticipated that work in the
office will be significantly reduced as most of Employee’s current duties will have been transferred to others. In addition to continuing to assist in the transition of these duties, Employee will be available for advice and assistance on an as
needed basis to assist on special projects when the need arises. 
 3. Term. The Company agrees to employ Employee on the terms herein
through January 15, 2015 (the “Term”) subject to the termination provisions of Section 5. 
 4. Compensation
and Other Terms. 
 a. As compensation for Employee’s services hereunder, and for the other covenants and provisions of
this Agreement: 
 i. Base Salary. For the period from January 1, 2013 to
December 31, 2013 the Company shall pay to Employee a semi-monthly salary of $12,500.00 (annual rate of $300,000). For the period from January 1, 2014 to January 15, 2015 the Company shall pay to Employee a semi-monthly salary of
$6,250.00 (annual rate of $150,000). Such amounts shall be subject to all payroll deductions or withholding authorized by Employee or required by federal, state or local laws or regulations. 

ii. Incentive Compensation. For the calendar year 2012 Employee will be eligible for a normal discretionary
performance bonus based on Employee’s arrangement prior to the start of this Agreement. For the calendar year 2013 Employee will be eligible for consideration of a bonus but the maximum potential for such bonus will be reflective of
Employee’s reducing duties and role in the Company. The amount of the bonus, if any, will be determined in the discretion of the CEO of the Company (and to the extent required, the Compensation Committee of the Board of Directors) each year and
will take into account Employee’s individual performance and the Company’s overall performance. Such amounts shall be subject to all payroll deductions or withholding authorized by Employee or required by federal, state or local laws or
regulations. Employee must be employed through the applicable calendar year to be eligible for such bonus. In addition, Employee will be eligible for consideration for grants of awards under the Entercom Equity Compensation Plan but such awards, if
any, will be reflective of Employee’s reducing duties and role in the Company. 
 b. Vacation and Benefits:

 i. General. Employee shall be entitled to such vacation, leave and other benefits and
shall be subject to such rules and regulations and disciplinary action as shall be in effect from time to time in accordance with Company policy as applied uniformly to full-time employees in general and to officers in particular. The Company
reserves the right in its sole discretion to alter, amend, eliminate or discontinue at any time any such benefits, rules or regulations. 
 ii. Expenses. Employee will be reimbursed for Employee’s reasonable and necessary out of pocket expenses incurred in connection with the performance of Employee’s duties
hereunder, including without limitation expenses relating to office phone, computer, fax, etc. Employee shall be required to submit expense forms and receipts for such reimbursements and shall, upon request, provide any requested additional
documentation. Employee will be provided with a mobile phone (for business use only) or reimbursement for the business calls Employee makes on Employee’s personal mobile phone. 

  
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 iii. Automobile. During the Term of this Agreement
Employee shall be entitled to the continued use of the Company automobile currently assigned to him. Consistent with existing practice, Employee will be responsible for gas and Company will be responsible for insurance, repairs and maintenance on
this vehicle. At the termination of this Agreement, the Company will transfer to Employee ownership and title to such automobile without charge to Employee. Such transfer shall be on an “as is” and without any warranty basis as to the
condition of the vehicle. Employee shall be responsible for any sales or personal income tax obligation resulting from such transfer. After such transfer Employee will be solely responsible for all expenses relating to this vehicle. 

c. Equity Compensation Awards: Any unvested awards of options or restricted stock/restricted stock units under the Entercom Equity
Compensation Plan that Employee holds at the date of termination of this Agreement (whether presently existing or hereafter granted) which have not vested by that date, shall become fully vested effective as of the date of termination of this
Agreement. In addition, any options to purchase Company stock issued under the Entercom Equity Compensation Plan that Employee holds as of the date of termination of this Agreement (whether presently existing or hereafter granted), shall be modified
to provide that such options may be exercised for a period which is the shorter of (i) two years from and after the date of the termination of this Agreement or (ii) the period to the date of expiration of the term of such options.

 d. Securities Trading Policy. Company and Employee agree that during the Term of this Agreement, Employee
will be a “Covered Person” under the Company’s securities trading policy and will be subject to “blackout” periods or pre-trade authorizations. 
 e. No Company Severance. Employee agrees that Employee shall not be eligible to participate in the Company’s severance policy. To this end, the parties acknowledge that upon
expiration of this Agreement there will be no severance payment. 
 5. Termination of Employment. This Agreement (but excluding the
provisions in Sections 6 & 7 and any other provisions which by their terms continue after termination of employment) may be terminated in accordance with the following: 

a. Termination Upon Death or Disability. This Agreement shall automatically terminate upon the death or Disability of
Employee. However, in the event of Employee’s death or Disability during the Term, the remaining salary scheduled to be paid hereunder through January 15, 2015 shall be paid to Employee’s estate. For purposes of the foregoing,
“Disability” shall mean any physical or mental disability or infirmity which, in the opinion of a competent physician selected by the Company and reasonably acceptable to Employee, renders Employee unable to perform his duties under this
Agreement for more than sixty (60) days during any ninety (90) day period. 
 b. Termination For Cause / Upon
Breach. This Agreement may be terminated by the Company at any time for “just cause” for termination of employment without further obligations on the Company hereunder; and 

c. Termination On January 15, 2015. This Agreement shall automatically terminate, and Employee shall be deemed
to have resigned on January 15, 2015. 
 6. Intellectual Property Rights. All copyright, trademark and/or other intellectual property
rights of any kind developed during the Term hereof and relating to or useful in the Company’s business, to Employee’s duties, and/or to the Company’s operations shall be deemed a “work for hire” and shall be and
remain the sole and exclusive property of the Company, and Employee shall, to the extent deemed necessary or desirable by the Company, cooperate and assist the Company in perfecting, filing and recording any such rights. Employee’s obligations
under this Section shall survive the expiration or termination of this Agreement. 

  
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 7. Confidential Information. Employee acknowledges that as an Executive Vice President of the Company
he has received, and during the Term of this Agreement Employee will receive confidential and proprietary information which is are proprietary to the Company, including without limitation business plans, customer lists, pricing, programming
techniques, financial information, technical information, sales strategies, methods and promotional programs and techniques, and other practices and procedures of the Company. Employee agrees that all such information is the sole and exclusive
property of the Company, and that Employee will safeguard all such information and maintain it as secret and confidential and Employee further agrees that Employee will not at any time disclose such information to any third party without the express
prior written consent of the Company. Employee’s obligations under this Section shall survive the expiration or termination of this Agreement. 
 8. Non-Waiver. The waiver by either party of any term or condition of this Agreement or of the breach thereof shall not be deemed to constitute the waiver of any other term or condition of this
Agreement or of any subsequent breach of any term or condition hereof. 
 9. Assignment. This Agreement is personal to Employee and may
not be assigned by Employee. The Company may not assign this agreement except that the Company may assign its rights and obligations hereunder to any purchaser of all or substantially all of the Company’s assets or to any successor by merger of
the Company. 
 10. Fees and Costs. Should either party hereto be required to initiate judicial proceedings in order to enforce any of the
terms and conditions of this Agreement, to compel the other party to perform any of the terms and conditions of this Agreement, to obtain a declaration of the rights, duties and obligations of the parties hereto pursuant to this Agreement, or to
obtain damages or any other relief at law or in equity, the party prevailing in such litigation shall be entitled to receive, in addition to such relief as may be granted, a reasonable sum as and for attorney’s fees and court costs incurred in
prosecuting such litigation, which fees and costs shall be determined and awarded by the court having jurisdiction of any action brought for the purpose of determining and collecting said attorney’s fees. 

11. Company’s Obligation. Nothing herein shall be construed to require Company to utilize Employee’s services hereunder and
Company’s obligation shall be deemed fully satisfied by payment of the compensation and other benefits provided herein during the Term hereof. 
 12. Choice of Law and Venue. Employee and the Company agree that terms of this Agreement shall be binding and shall be interpreted under and governed by laws of the Commonwealth of Pennsylvania,
without regard to the choice of law provisions thereof. Employee and Company further agree that any action for breach hereof or to interpret or enforce this agreement may only be brought in the Court of Common Pleas of Montgomery County, PA or the
U.S. District Court for the Eastern District of Pennsylvania and the parties consent to the exercise of jurisdiction by such courts for any such action. 
 13. Severability. If any clause or provision of this Agreement is illegal, invalid, or unenforceable under present or future laws, then the remainder of this Agreement shall not be affected thereby
and in lieu of such clause or provision, there shall be added as a part of this Agreement a clause or provision as similar in terms to such illegal, invalid, or unenforceable clause or provision as may be possible and be legal, valid, and
enforceable. 

  
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 14. Miscellaneous. This Agreement constitutes the entire agreement and understanding between the
Employee and the Company concerning the Employee’s continued employment by the Company and his retirement and resignation. Effective January 1, 2013, this Agreement will supersede all prior understandings, representations or agreements
(including without limitation the terms of a certain employment agreement dated December 23, 1998, as amended), whether oral or written, concerning this Agreement and Employee’s employment by the Company. This Agreement may not be modified
or amended except by a written instrument duly executed by each of the parties hereto. 
 IN WITNESS WHEREOF, the parties
have executed this Agreement as of the date first above written. 
  

			
	By:	 	/s/ John C. Donlevie
		 	John C. Donlevie
		
	Date:	 	November 1, 2012

  

			
	ENTERCOM COMMUNICATIONS CORP.
		
	By:	 	/s/ Joseph M. Field
	Name:	 	Joseph M. Field
	Title:	 	Chairman
	Date:	 	11/1/12

  
 5EX-10.1

 Exhibit 10.1 
 THERMO FISHER SCIENTIFIC INC. 
 RESTRICTED STOCK UNIT AGREEMENT

 Granted Under 
 the 2008 Stock Incentive Plan 
 1. Award of Restricted Stock Units. 

This agreement (the “Agreement”) sets forth the terms and conditions of an award by Thermo Fisher Scientific Inc., a Delaware
corporation, on February 26, 2013 (the “Award Date”) to Marc N. Casper (the “Participant”) of 50,400 restricted stock units of the Company (individually, an “RSU” and collectively, the “RSUs”). Each RSU
represents the right to receive one share of common stock, $1.00 par value, of the Company (“Common Stock”) pursuant to the terms, conditions and restrictions set forth in this Agreement and in the Company’s 2008 Stock Incentive Plan
(the “Plan”). The shares of Common Stock that are issuable in connection with the RSUs are referred to in this Agreement as Shares. Capitalized terms used in this Agreement and not otherwise defined shall have the same meaning as in the
Plan. 
 2. Time-Based Vesting. 
 Except as otherwise provided in paragraphs (b) through (f) of Section 3, the RSUs shall vest as to 15% of the original number of RSUs on the date that is six months following the Award Date
(the “First Vesting Date”), as to an additional 25% of the original number of RSUs on the first anniversary of the First Vesting Date (the “Second Vesting Date”), as to an additional 30% of the original number of RSUs on the
second anniversary of the First Vesting Date (the “Third Vesting Date”), and as to an additional 30% of the original number of RSUs on the third anniversary of the First Vesting Date (the “Final Vesting Date” and each of the
First Vesting Date, Second Vesting Date, Third Vesting Date and Final Vesting Date a “Vesting Date”) provided that on each such Vesting Date, the Participant is, and has been at all times since the Award Date, an employee, officer or
director of, or consultant or advisor to, the Company (an “Eligible Participant”). 
 3. Additional Vesting Provisions.

 (a) Termination of Relationship with the Company. In the event that the Participant ceases to be an Eligible
Participant for any reason not described in paragraphs (b) through (f) below, RSUs that have not previously vested shall be immediately forfeited to the Company. 
 (b) Death or Disability. In the event that the Participant’s employment with the Company or a Subsidiary is terminated by reason of death or “disability” (as defined below) prior to
the Final Vesting Date, 50% of the unvested RSUs shall vest upon the date of such 

 
termination due to death or disability, and the remaining RSUs shall be forfeited. For the purposes of this Agreement, a Participant shall be deemed to be “disabled” at such time as the
Participant is receiving disability benefits under the Company’s Long Term Disability Coverage, as then in effect. 
 (c)
Discharge without Cause or for Good Reason. In the event that the Participant’s employment or service is terminated by the Company or any Subsidiary without “Cause” (as defined in Section 1.2 of the 2009 Restatement of
Executive Severance Agreement between the Company and the Participant dated November 21, 2009, as may be amended from time to time (the “Severance Agreement”)) or by the Participant for Good Reason (as defined in Section 1.4 of
the Severance Agreement), and such termination does not entitle the Participant to severance benefits under the Executive Change in Control Retention Agreement between the Company and the Participant dated November 21, 2009, as may be amended
from time to time (the “CIC Agreement”), the RSUs that are scheduled to vest on the next Vesting Date will vest on such Vesting Date (and the Participant shall be deemed to have been an Eligible Participant up through such Vesting Date),
and the remaining RSUs shall be forfeited. 
 (d) Discharge for Cause. In the event that the Participant is discharged by
the Company or a Subsidiary for “Cause” (as defined in Section 1.2 of the Severance Agreement), all unvested RSUs and all vested RSUs that have not been delivered in accordance with Section 4 below shall terminate immediately upon the
effective date of such discharge. The Participant shall be considered to have been discharged for Cause if the Company determines, within 30 days after the Participant’s resignation, that discharge for Cause was warranted. 

(e) Termination by Participant without Good Reason. In the event that the Participant terminates his employment with the Company
or a Subsidiary without “Good Reason” (as defined in Section 1.4 of the Severance Agreement or Section 1.4 of the CIC Agreement, as applicable), all unvested RSUs shall terminate immediately upon the effective date of such
termination and all vested RSUs that have not been delivered in accordance with Section 4 below shall be delivered immediately. 
 (f) Change in Control Event. In the event that the Participant’s employment or service is terminated by the Company or any Subsidiary without “Cause” (as defined in Section 1.3
of the CIC Agreement) or by the Participant for Good Reason (as defined in Section 1.4 of the CIC Agreement) and such termination entitles the Participant to severance benefits under the CIC Agreement, then all unvested RSUs shall vest upon the
date of such termination. 
 4. Delivery of Shares 
 (a) The Company shall deliver the Shares that become issuable pursuant to an RSU within the sixty-day period following the date the RSUs vest pursuant to Section 2 or 3 above. 

(b) The Company shall not be obligated to deliver Shares to the Participant unless the issuance and delivery of such Shares shall comply
with all relevant provisions of law and other legal requirements including, without limitation, any applicable federal or state securities laws and the requirements of any stock exchange upon which shares of Common Stock may then be listed.

 5. Restrictions on Transfer. 

The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise
(collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution. Upon delivery of Shares pursuant to Section 4 above, the Participant for two years thereafter shall not transfer more
than 50% of the actual net Shares delivered (after withholding for the payment of taxes); provided, however, that this restriction shall not apply to a termination of Participant’s employment under paragraphs (b), (c), (e) or
(f) of Section 3 above. The Participant acknowledges that any stock certificates or other evidence of ownership of RSUs or Shares may bear a restrictive legend evidencing any applicable transfer restrictions. 

6. Provisions of the Plan. 
 This Agreement is subject to the provisions of the Plan, a copy of which is furnished to the Participant with this Agreement. 
 7. Dividends; Other Corporate Transactions. 
 (a) If at any time during
the period between the Award Date and the date that Shares are delivered after the RSU vests, the Company pays a dividend or other distribution with respect to its Common Stock, including without limitation a distribution of shares of the
Company’s stock by reason of a stock dividend, stock split or otherwise, then on the date the Shares issuable upon vesting of the RSU are delivered, the Company shall pay the Participant the dividend or other distribution that would have been
paid on such Shares if the Participant had owned such Shares during the period beginning on the Award Date and ending on the respective delivery date. No dividend or other distribution shall be paid with respect to RSUs that are forfeited.

 (b) In the event of a Reorganization Event, then the rights of the Company under this Agreement and all other terms of this
Agreement (including without limitation vesting provisions) shall inure to the benefit of the Company’s successor and shall apply to the cash, securities or other property which the Common Stock was converted into or exchanged for pursuant
to such Reorganization Event in the same manner and to the same extent as they applied to the Shares. Such cash, securities or other property shall be delivered or paid at the time provided in Section 4. 

(c) Except as set forth in Section 7(a) or (b) above and in the Plan, neither the Participant nor any person claiming under or
through the Participant shall be, or have any rights or privileges of, a stockholder of the Company in respect of the Shares issuable pursuant to the RSUs granted hereunder until the Shares have been delivered to the Participant. 

 8. Withholding Taxes; No Section 83(b) Election. 

(a) The Participant expressly acknowledges that the delivery of Shares to the Participant will give rise to “wages” subject to
withholding. Unless the Participant provides notice to the Company prior to the delivery of the Shares that the Participant will make payment to the Company on the date of delivery to satisfy all required withholding taxes, the Participant hereby
authorizes the Company to hold back from the shares to be delivered pursuant to Section 4 of this Agreement that number of shares calculated to satisfy all such federal, state, local or other applicable taxes required to be withheld in
connection with such delivery of Shares; provided, however, that the total tax withholding where Shares are being used to satisfy such tax obligations cannot exceed the Company’s minimum statutory withholding obligations (based on minimum
statutory withholding rates for federal and state tax purposes, including payroll taxes, that are applicable to such wages). 

(b) The Participant acknowledges that no election under Section 83(b) of the Code may be filed with respect to this Award.

 9. No Right To Employment or Other Status. The grant of an award of RSUs shall not be construed as giving the Participant the right to
continued employment or any other relationship with the Company. The Company expressly reserves the right at any time to dismiss or otherwise terminate its relationship with the Participant free from any liability or claim under the Plan or this
Agreement, except as expressly provided herein. 
 10. Conflicts With Other Agreements. In the event of any conflict or inconsistency
between the terms of this Agreement and any employment, severance or other agreement between the Company and the Participant, the terms of this Agreement shall govern. 
 11. Governing Law. This Agreement shall be governed by and interpreted in accordance with the laws of the State of Delaware without regard to any applicable conflicts of laws. 

12. Unfunded Rights. The right of the Participant to receive Common Stock pursuant to this Agreement is an unfunded and unsecured obligation of
the Company. The Participant shall have no rights under this Agreement other than those of an unsecured general creditor of the Company. 
 13.
Compliance with Section 409A of the Code. This Agreement is intended to provide for deferred compensation that is exempt from or compliant with Section 409A and shall be interpreted consistently with such intent. Accordingly, a
Participant shall have no right to designate the taxable year of payment. Notwithstanding any other provision of this Agreement, if and to the extent any portion of any payment under this Agreement to the Participant is payable upon his or her
separation from service and the Participant is a specified employee as defined in Section 409A(a)(2)(B)(i), as determined by the Company in accordance with its procedures, by which determination the Participant (through accepting the Award)
agrees that he or she is bound, such portion of the payment, compensation or other benefit shall not be paid before the day that is six months plus one day after the date of “separation from service”, except as Section 409A may then
permit. 

 The Company makes no representations or warranty and shall have no liability to the
Participant or any other person if any provisions of or payments, compensation or other benefits under this Agreement are determined to constitute nonqualified deferred compensation subject to Section 409A but do not satisfy the conditions of
that section. 
 14. Restrictive Covenants. If the Participant engages in any conduct in breach of any noncompetition, nonsolicitation or
confidentiality obligations to the Company under any agreement, policy or plan of the Company, then such conduct shall also be deemed to be a breach of the terms of the Plan and this Agreement. Upon such breach, this RSU shall be cancelled and, to
the extent some or all of this RSU vested within a period of 12 months prior to such breach, the Participant shall be required to forfeit to the Company, upon demand, any Shares acquired by the Participant upon such vesting or cash acquired upon
sale. 

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

					
	THERMO FISHER SCIENTIFIC INC.
		
	By:	 	 /s/ Seth H. Hoogasian

		 	Title:	 	Senior Vice President, General Counsel and Secretary
	
	 /s/ Marc N. Casper

	Marc N. Casper

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