Document:

Exhibit 10.2

September 15, 2014

Mr. Dennis Thatcher

Mission Broadcasting, Inc.

30400 Detroit Road 

Suite 304

Westlake, OH 44145-1855

Re:  Agreement for the Sale of Commercial Time for WYOU

Dear Dennis:

Nexstar Broadcasting, Inc. (“Nexstar”) and Mission Broadcasting, Inc. (“Mission”) are parties to an Agreement for Sale of Commercial Time for broadcast station WYOU, Scranton, Pennsylvania dated as of June 30, 2003 (as amended) (the “Agreement”), the initial term of which expires as of September 30, 2014.  Pursuant to Section 1 of the Agreement, the term of the Agreement shall be extended for an additional ten (10) year term, unless either party provides at least six months notice of its intent to terminate the Agreement.  

This letter is to confirm that neither Nexstar nor Mission has provided the requisite notice of termination for the Agreement; and it is the parties’ intent that the Agreement continue in effect pursuant to the terms thereof (as amended from time to time).  Please confirm Mission’s agreement by signing this letter and returning it to my attention. 

Thank you.

 

	
Sincerely,

	
/s/ Elizabeth Ryder

	
Elizabeth Ryder

	
Senior Vice President & General Counsel

Acknowledged and Agreed:

Mission Broadcasting, Inc.

 

	
By:
	
 
	
/s/ Dennis Thatcher

	
 
	
 
	
Dennis Thatcher

	
 
	
 
	
PresidentExhibit 10.3

October 15, 2014

Mr. Dennis Thatcher

Mission Broadcasting, Inc.

30400 Detroit Road Suite 304

Westlake, OH  44145

Re:  Shared Services Agreement and Joint Sales Agreement for WTVO

Dear Dennis:

Nexstar Broadcasting, Inc. (“Nexstar”) and Mission Broadcasting, Inc. (“Mission”) are parties to a Shared Services Agreement for broadcast station WTVO, Rockford, Illinois, dated as of November 1, 2004 (as amended) (the “SSA”), the initial term of which expires as of October 31, 2014.  Pursuant to Section 7 of the SSA, the term of the SSA shall be extended for an additional ten (10) year term, unless either party provides at least six months notice of its intent to terminate the Agreement.  Nexstar and Mission also are parties to an Agreement for the Sale of Commercial Time for WTVO of the same date (the “JSA”) with the same term and extension provision as the SSA.  

This letter is to confirm that neither Nexstar nor Mission has provided the requisite notice of termination for the SSA or the JSA; and it is the parties’ intent that the SSA and JSA continue in effect pursuant to the terms thereof (as amended from time to time).  Please confirm Mission’s agreement by signing the enclosed duplicate copy of this letter and returning it to my attention. 

Thank you.

 

	
Sincerely,

	
/s/ Elizabeth Ryder

	
Elizabeth Ryder

	
Senior Vice President & General Counsel

Acknowledged and Agreed:

Mission Broadcasting, Inc.

 

	
By:
	
 
	
/s/ Dennis Thatcher

	
Title:
	
 
	
PresidentPrepared by R.R. Donnelley Financial -- EX-10.20

 Exhibit 10.20 
  

 
 August 15, 2014 

Stephanie Kaplan 
 1060 McGregor Way 

Palo Alto, CA 94306 
 Dear Stephanie, 

I am pleased to offer you a position with Audience, Inc. (the “Company”), as Vice President of Program Management, reporting to me. If you decide to
join us, your base salary will be $245,000 per year which will be paid semi-monthly in accordance with the Company’s normal payroll procedures. In addition, you will be eligible for a performance-based
bonus target of $110,250 annually. 
 The Company will provide you with the opportunity to participate in the standard benefit plans currently available to
other similarly situated employees, subject to any eligibility requirements imposed by such plans. You will be entitled to accrue up to 15 days of paid vacation per calendar year, pro-rated for the remainder of this calendar year. Your rate of
vacation accrual will increase at the rate of one vacation day per full year of employment. Vacation accrual is capped at 25 days. Vacation may not be taken before it is accrued. You should note that the Company may modify job titles, salaries and
benefits from time to time as it deems necessary. 
 We will recommend to our Board of Directors or one of its committees after commencement of your
employment that you receive a grant of options to purchase 60,000 shares of Audience’s Common Stock and a restricted stock unit for 23,000 of shares, and your grants will be subject to the approval of the Board or its committee. If a stock
option, your grant will be priced in accordance with our equity incentive plan and our policies governing stock option grants. Both stock option and RSU grants will be subject to the terms of our equity incentive plan and policies. 

With regards to stock options, 25% of the shares subject to the option shall vest 12 months after the date your vesting begins, the remaining shares shall
vest monthly over the next 36 months in equal monthly amounts subject to your continuing employment with the Company. 
 With regards to your RSU, 25% of
the shares subject to the option shall vest 12 months after the date your vesting begins, the remaining shares shall vest over three years in equal 6 month tranches subject to your continuing employment with the Company. We anticipate that you will
enter into an irrevocable election relating to the RSU to permit the payment of required taxes upon vesting of the RSUs. 
 No right to any stock is earned
or accrued until such time that vesting occurs, nor does a grant confer any right to continue vesting or employment. 
 The Company is excited about your
joining and looks forward to a beneficial and productive relationship. Nevertheless, you should be aware that your employment with the Company is for 

  
 

 

  
 

 
  

 
no specified period and constitutes at-will employment. As a result, you are free to resign at any time, for any reason or for no reason. Similarly, the
Company is free to conclude its employment relationship with you at any time, with or without cause, and with or without notice. We request that, in the event of resignation, you give the Company at least two weeks notice. 

The Company reserves the right to conduct background investigations and/or reference checks on all of its potential employees. Your job offer, therefore, is
contingent upon a clearance of such a background investigation and/or reference check, if any. 
 For purposes of federal immigration law, you will be
required to provide to the Company documentary evidence of your identity and eligibility for employment in the United States. Such documentation must be provided to us within three (3) business days of your date of hire, or our employment
relationship with you may be terminated. 
 Also as a result of the senior level nature of your role, you will be offered a Company standard Indemnification
Agreement and will be expected to comply with all reporting and regulatory requirements related to the Company’s status as a publicly traded company. You acknowledge that upon your appointment as Vice President of Program Management, you will
become subject to Section 16 of the Securities Exchange Act of 1934, as amended. In addition, at the time you commence employment, you will be provided with severance and change of control benefits as delineated in the Company’s Change of
Control and Severance Agreement, subject to your signed acceptance of the terms of the Agreement. 
 We also ask that, if you have not already done so, you
disclose to the Company any and all agreements relating to your prior employment that may affect your eligibility to be employed by the Company or limit the manner in which you may be employed. It is the Company’s understanding that any such
agreements will not prevent you from performing the duties of your position and you represent that such is the case. Moreover, you agree that, during the term of your employment with the Company, you will not engage in any other employment,
occupation, consulting or other business activity directly related to the business in which the Company is now involved or becomes involved during the term of your employment, nor will you engage in any other activities that conflict with your
obligations to the Company. Similarly, you agree not to bring any third party confidential information to the Company, including that of any of your former employers, and that in performing your duties for the Company you will not in any way utilize
any such information. 
 As a Company employee, you will be expected to abide by the Company’s rules and standards. Specifically, you will be required
to sign an acknowledgment that you have read and that you understand the Company’s rules of conduct which are included in the Company Handbook. 
 As a
condition of your employment, you are also required to sign and comply with an At-Will Employment, Confidential Information, Invention Assignment and Arbitration Agreement which requires, among other
provisions, the assignment of patent rights to any invention made during your employment at the Company, and non-disclosure of Company proprietary information. In the event of any dispute or claim relating to
or arising out of our employment relationship, you 

  
 

 

  
 

 
  

 
and the Company agree that (i) any and all disputes between you and the Company shall be fully and finally resolved by binding arbitration, (ii) you are waiving any and all rights to a
jury trial but all court remedies will be available in arbitration, (iii) all disputes shall be resolved by a neutral arbitrator who shall issue a written opinion, (iv) the arbitration shall provide for adequate discovery, and (v) the
Company shall pay all but the first $125 of the arbitration fees. Please note that we must receive your signed Agreement before your first day of employment. 

To accept the Company’s offer, please sign and date this letter in the space provided below. A duplicate original is enclosed for your records. This
letter, along with any agreements relating to proprietary rights between you and the Company, set forth the terms of your employment with the Company and supersede any prior representations or agreements including, but not limited to, any
representations made during your recruitment, interviews or pre-employment negotiations, whether written or oral. This letter, including, but not limited to, its at-will
employment provision, may not be modified or amended except by a written agreement signed by an Executive of the Company and you. This offer of employment will terminate if it is not accepted, signed and returned by August 19, 2014. 

We look forward to your favorable reply and to working with you at Audience, Inc. 

Sincerely, 
 /s/ Peter Santos 

Peter Santos 
 President & CEO 

 
 

 

  

  
 

 
 Agreed to and accepted: 
  

			
	Signature:	 	 /s/ Stephanie Kaplan

  

			
	Printed Name:	 	Stephanie Kaplan

  

			
	Date Signed:	 	August 15, 2014

  

			
	Anticipated Start Date:	 	August 18, 2014

 Enclosures to be mailed: 

Duplicate Original Letter 
 At-Will Employment, Confidential
Information, Invention Assignment and Arbitration Agreement 
 Indemnification Agreement 

Change of Control and Severance Agreement

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