Document:

exv10w9w6

 

Exhibit 10.9.6

SENIOR MANAGEMENT AGREEMENT

     THIS SENIOR MANAGEMENT AGREEMENT (this “Agreement”) is made as of September 12, 2007,
between IDLEAIRE TECHNOLOGIES CORPORATION, a Delaware corporation (the “Company”), and LYNN
R. YOUNGS (“Executive”).

     The parties hereto agree as follows:

     1. Employment. The Company agrees to employ Executive and Executive accepts such
employment for the period beginning as of the date hereof and ending on the third anniversary of
the date hereof or upon Executive’s earlier separation pursuant to Section 1(e) hereof (the
“Employment Period”); provided, however, that the Employment Period shall automatically be
renewed for an additional two year period commencing on the third anniversary of the date hereof
unless either the Company or the Executive gives the other at least 60 days written notice prior to
the expiration of the Employment Period of its desire to terminate this Agreement.

          (a) Position and Duties. During the Employment Period, Executive shall serve as the
Chief Operating Officer (“COO”) of the Company and shall have the normal duties, responsibilities
and authority of the COO, subject to the power of the Chairman, CEO or the Company’s board of
directors (the “Board”) to expand or limit such duties, responsibilities and authority and
to override actions of the COO. Executive shall report to the CEO and the Board of the Company
and Executive shall devote his best efforts and substantially all of his business time and
attention to the business and affairs of the Company and/or its subsidiaries, in a good faith
manner consistent with the best interests of the Company. Notwithstanding the foregoing, it is
understood and agreed that Executive has certain other business interests and activities which will
require some time and efforts of Executive and the Company agrees that Executive may have other
business interests and activities and devote time thereto so long as the same do not unreasonably
detract from the performance of Executive’s duties to the Company.

          (b) Salary, Bonus and Benefits. Effective as of the date hereof, the Company will pay
Executive a base salary in the gross amount of $204,750 per annum, less applicable taxes and
withholdings, payable in equal installments every two weeks, subject to any annual increase during
the Employment Period as determined by the Board based upon the Company’s achievements of budgetary
and other objectives set by the Board (the “Annual Base Salary”). In addition, Executive
shall be eligible to receive an annual bonus (commencing with the Company’s fiscal year ending
December 31, 2007) based upon the Company’s achievement of

 

 

budgetary and other objectives set by the Board and agreed upon by Executive and the Company in
good faith. Executive’s Annual Base Salary and any annual bonus for any partial year will be
prorated based upon the number of days elapsed in such year. In addition, during the Employment
Period, Executive will be entitled to such other benefits as are from time to time made available
to all of the Company’s senior executives, including paid vacation, holidays, and sick leave,
tuition reimbursement, reimbursement of business expenses and healthcare, disability and life
insurance benefits as well as profit sharing and other benefit plans in accordance with the
Company’s policies. However, nothing herein shall be construed as limiting the Company’s right to
alter, amend or terminate any employee benefit plan it currently has in effect.

          (c) Business Expenses. The Company shall, in accordance with applicable tax laws and
its travel and expense reimbursement policy, pay or reimburse Executive for all reasonable travel,
lodging or other business expenses reasonably incurred by him in connection with the performance of
his duties hereunder. Executive shall furnish such receipts and records as the Company may
reasonably require to verify the foregoing expenses.

          (d) Business Equipment. The Company shall provide Executive business equipment to be
utilized in accordance with the established policies, practices and procedures for executive
officers of the Company.

          (e) Separation. Executive’s employment by the Company during the Employment Period
will continue until: (i) Executive’s resignation at any time which includes resignation with Good
Reason as hereinafter defined and resignation without Good Reason, or (ii) until Executive’s
disability or death, or (iii) until the Board terminates Executive’s Employment at any time during
the Employment Period. If the Employment Period is terminated by Executive or by the Board without
Cause, then the termination will be effective thirty (30) days after the date of delivery of
written notice of termination. If the Employment Period is terminated by the Board with Cause,
termination will be effective as of the date of written notice of termination and the Executive
shall be entitled to receive his Annual Base Salary, bonuses and his fringe benefits only through
the effective date of termination, or as required by law. If the Employment Period is terminated
by the Board for any other reason or if Executive resigns with Good Reason, then (A) all options
shall vest in accordance with their terms without reference to continuing employment, and (B) the
Executive shall be entitled to receive his Annual Base Salary, accrued bonuses and his life
insurance, medical insurance and disability insurance benefits, if any, for eighteen (18) months
from the effective date of termination (such payments, the “Severance Payment”) which shall
be payable over time in accordance with normal payroll practices. If the Employment Period is
terminated due to death, then the Annual Base Salary and medical insurance will be continued for one (1) full calendar year following the month in which the

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Executive died and shall be payable to the Executive’s designated beneficiary or his estate if no
individual(s) has been so designated. If the Employment Period is terminated due to Disability,
then the Annual Base Salary, medical insurance and disability insurance will be continued until the
last day of the one (1) year period following the onset of such Disability; provided, however, that
such Annual Base Salary shall be reduced by the amount of any disability income payments made to
the Executive during such one (1) year period from any insurance or other policies paid for by the
Company.

          (f) Professional Licenses. The Company shall pay all costs incurred by Executive to
maintain his professional licenses, including but not limited to all costs associated with
licensing fees, all fees and costs for continuing education and all fees and costs associated with
malpractice insurance.

     2. Termination Upon A Change In Control.

          (a) If there is a “change in control” of the Company, Executive will be deemed terminated and
will receive the following lump sum cash payment and a lien of the Severance Payment:

               (i) If immediately before the “change in control” new stock of the Company was not readily
tradeable on an established securities market or otherwise, and the shareholder approval required
under IRC § 280(G) was obtained with respect to such payment, then Executive shall receive One
Million Dollars ($1,000,000.00).

               (ii) If the requirements of 2(a)(i) above are not met, Executive shall receive two hundred
ninety-nine percent (299%) of his “base amount” as defined in IRC § 280(G)(d)(1)(2).

               The payment to be made pursuant to Section 2(a) above shall be made within ninety (90) days of
the change in control.

          (b) For purposes of this Agreement, the term “change in control” is defined to include:

               (i) A tender offer or exchange offer made and consummated for ownership of Company stock
representing fifty percent (50%) or more of the combined voting power of the Company’s outstanding
securities;

               (ii) Sale or transfer of substantially all of the Company’s assets to another corporation
which is not a wholly owned subsidiary of the Company;

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               (iii) Any transaction relating to the Company which must be described in accordance with item
5(f) of Schedule 14(A) of Regulation 14(A) of the Securities and Exchange Commission;

               (iv) Any merger or consolidation of the Company with another corporation where less than fifty
percent (50%) of the outstanding voting shares of the surviving resulting corporation are owned in
the aggregate by the Company’s former stockholders; or

               (v) Any tender offer, exchange offer, merger, sale of assets and/or contested election which
results in a total change in the composition of the Board.

          (c) The amounts paid to Executive pursuant to this paragraph will be deemed severance pay in
consideration of Executive’s past services to the Company and his continued services from the date
of this Agreement.

     3. Confidential Information.

          (a) Executive acknowledges that the Company is engaged in the business of providing heating,
cooling and ventilation services for vehicles and providing related convenience services (the
“Business”). Executive further acknowledges that the Business and its continued success
depend upon the use and protection of a large body of confidential and proprietary information, and
that he holds a position of trust and confidence by virtue of which he necessarily possesses, has
access to and, as a consequence of his signing this Agreement, will continue to possess and have
access to, highly valuable, confidential and proprietary information of the Company and its
subsidiaries not known to the public in general, and that it would be improper for him to make use
of this information for the benefit of himself and others. All of such confidential and
proprietary information now existing or to be developed in the future will be referred to in this
Agreement as “Confidential Information.” This includes, without specific limitation,
information relating to the Company’s marketing, products, internal management, the nature and
operation of the Business, the persons, firms and corporations which are customers or active
prospects of the Company during Executive’s employment by the Company, the Company’s methodology
and methods of doing business, strategic, acquisition, marketing and expansion plans, including
plans regarding planned and potential acquisitions and sales, financial and business plans,
employee lists, numbers and location of sales representatives, new
and existing programs and services (and those under development), prices and terms, fee structures, customer
service, costs of providing service, support and equipment and equipment maintenance costs.
Confidential Information shall not include any

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information that has become generally known to and
available for use by the public other than as a result of Executive’s acts or omissions.

          (b) Disclosure of any Confidential Information of the Company shall not be prohibited if such
disclosure is required in the course of his employment or is directly pursuant to a valid and
existing order of a court or other governmental body or agency within the United States; provided,
however, that (i) Executive shall first have given prompt written notice to the Company of any such
possible or prospective order (or proceeding pursuant to which any such order may result) and (ii)
Executive shall afford the Company a reasonable opportunity to prevent or limit any such
disclosure, all at Company’s expense.

          (c) Subject to Section 3(b), during the Employment Period and at all times thereafter,
Executive will not disclose to any unauthorized person or use for his own account any Confidential
Information without the Board’s written consent. Executive agrees to deliver to the Company at a
Separation as described in Section 1(e), or at any other time the Company may request in
writing, all memoranda, notes, plans, records, emails, reports and other documents (and copies
thereof) containing or otherwise relating to any of the Confidential Information (including,
without limitation, all acquisition prospects, lists and contact information) which he may then
possess or have under his control. Executive acknowledges that all such memoranda, notes, plans,
records, reports and other documents are and at all times will be and remain the property of the
Company.

          (d) Executive agrees that all files, papers, records, documents, equipment and similar items
relating to the Business and all Confidential Information, whether prepared, compiled by, or
furnished to Executive in connection with Executive’s duties is the Company’s exclusive property
and shall not be copied or removed from the Company’s premises except in furtherance of the
Company’s business and all copies thereof shall be returned to the Company at its request or upon
termination of Executive’s employment. Executive further agrees that at the termination of his
employment, regardless of the reason for such termination, he shall promptly deliver to the Company
all computers, laptops, credit cards, telephones, PDAs, office equipment, software, discs, computer
tapes and documents regarding or relating to Executive’s employment with the Company.

     4. Non-Competition and Non-Solicitation. Executive acknowledges that in the course of
his employment with the Company he will become familiar with the Confidential Information
concerning the Company and that his services will be of special, unique and extraordinary value to
the Company. Executive agrees that the Company has a protectable interest in the Confidential
Information acquired by Executive during the course of his employment with the Company. Therefore, Executive agrees that:

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          (a) Non-Competition. So long as Executive is employed by the Company and for an
additional three (3) years thereafter (the “Non-Compete Period”), he shall not, alone or
with others, directly or indirectly (as owner, stockholder, partner, member, lender, investor,
director, officer, employee, consultant, or otherwise) work for any vehicle heating, cooling and
ventilation business in the United States, which manufactures, markets, or designs products or
provides services, which are competitive with the products or services, or planned products or
services, of the Company.

          (b) Non-Solicitation. During the Non-Compete Period Executive shall not directly or
indirectly through another entity (i) induce or attempt to induce any person known by Executive to
be an employee of the Company to leave the employ of the Company, or in any way interfere with the
relationship between the Company and any employee thereof, (ii) hire any person who was known by
Executive to be an employee of the Company or any of its subsidiaries within sixty (60) days prior
to the time such employee was hired by the Executive, (iii) knowingly induce or attempt to induce
any owner of a site location, customer, supplier, licensee or other business relation of the
Company to cease doing, or reduce its business with the Company or in any way knowingly interfere
with the relationship between any such customer, supplier, licensee or business relation and the
Company or (iv) knowingly directly or indirectly acquire or attempt to acquire an interest in any
business relating to the Business of the Company and with which, to Executive’s knowledge, the
Company has entertained discussions or has requested and received information relating to the
acquisition of such business by the Company in the three-year period immediately preceding a
Separation.

          (c) Enforcement. If, at the time of enforcement of Section 3 or 4 of this Agreement, a
court holds that the restrictions stated herein are unreasonable under circumstances then existing,
the parties hereto agree that the maximum duration, scope or geographical area reasonable under
such circumstances shall be substituted for the stated period, scope or area and that the court
shall be allowed to revise the restrictions contained herein to cover the maximum duration, scope
and area permitted by law. Because Executive’s services are unique and because Executive has
access to Confidential Information, the parties hereto agree that money damages would be an
inadequate remedy for any breach of this Agreement. Therefore, in the event of a breach or
threatened breach of Section 3 or Section 4 of this Agreement, the Company or any of its successors
or assigns shall, in addition to other rights and remedies existing in its favor, be entitled to
pursue specific performance and/or injunctive or other relief in order to enforce, or prevent any
violations, or threatened violations of, the provisions of
Section 3 or Section 4 from any court of competent jurisdiction. In the event that the Company shall enforce any part of this
Agreement through legal proceedings and the Executive shall have been in default hereof, the
Executive agrees to pay the Company any costs and attorneys’ fees reasonably incurred in connection
therewith.

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          (d) Additional Acknowledgments. Executive acknowledges that the provisions of this
Section are in consideration of: (i) employment with the Company and (ii) additional good and
valuable consideration as set forth in this Agreement. Executive expressly agrees and acknowledges
that the restrictions contained in Sections 3 and 4 do not preclude Executive from earning a
livelihood, nor does it unreasonably impose limitations on Executive’s ability to earn a living.
In addition, Executive agrees and acknowledges that the potential harm to the Company of its
non-enforcement outweighs any harm to the Executive of its enforcement by injunction or otherwise.
Executive acknowledges that he has carefully read this Agreement and has given careful
consideration to the restraints imposed upon the Executive by this Agreement, and is in full accord
as to their necessity for the reasonable and proper protection of the Confidential Information.
Executive expressly acknowledges and agrees that each and every restraint imposed by this Agreement
is reasonable with respect to subject matter, time period and geographical area.

     5. Definitions.

          “Cause” means (i) the conviction of, or plea of nolo contendere to, a felony or a
crime involving moral turpitude or the intentional commission of any other act or omission
involving dishonesty or fraud with respect to the Company or any of their customers or suppliers,
(ii) substantial and repeated failure to perform duties of the office as agreed upon by the Company
and Executive held by Executive as reasonably directed by the Board not cured within ten (10)
business days after written notice thereof, (iii) gross negligence or willful misconduct with
respect to the Company which inaction or conduct has a material adverse effect on the Business,
operations or condition (financial or otherwise) of the Company; or (iv) any intentional material
breach of Section 3 or 4 of this Agreement by Executive not cured within ten (10) business days
after written notice thereof from the Company. Any election by the Company not to renew the
Employment Period on the third anniversary of the date hereof or any renewal thereof shall be
deemed to be a termination by the Board without Cause. The failure of the Company or the Executive
to achieve budgetary or other operational objectives established by the Board shall not in any way
constitute Cause.

          “Disability” means a physical or mental condition such that the Executive is or will
be unable to perform the essential functions of his previously assigned duties for a continuous
period of at least six (6) where such incapacity has
been determined to exist by either: (i) the Company’s disability insurance carrier or (ii) by the
Board in good faith based upon competent medical advice.

          “Good Reason” means (i) the assignment to the Executive of any duties inconsistent in
any material respect with the Executive’s position (including status,

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offices, titles and reporting requirements), authority, duties or responsibilities as contemplated by this Agreement; (ii) any
change in the location of the performance of the duties such that the Executive is required to
travel or commute a substantially greater distance than he does prior to the change; (iii)
establishment of an Annual Base Salary for the Executive which is less than provided for in this
Agreement, or failure to pay same other than an isolated, inadvertent or insubstantial failure, not
occurring in bad faith; and (iv) any purported termination of Executive’s employment by the
Company, other than as specifically set forth herein.

          “Person” means an individual, a partnership, a limited liability company, a
corporation, an association, a joint stock company, a trust, a joint venture, an unincorporated
organization and a governmental entity or any department, agency or political subdivision thereof.

     6. Notices. Any notice provided for in this Agreement must be in writing and must be
either personally delivered, mailed by first class mail (postage prepaid and return receipt
requested) or sent by reputable overnight courier service (charges prepaid) to the recipient at the
address below indicated:

          If to the Company:

IdleAire Technologies Corporation

410 N. Cedar Bluff Rd., Suite 200

Knoxville, TN 37923

Attention: James H. Price, General Counsel

          If to the Executive:

Lynn R. Youngs

3871 Attley Dr.

Louisville, TN 37777

or such other address or to the attention of such other person as the recipient party shall have
specified by prior written notice to the sending party. Any notice under
this Agreement will be deemed to have been given when so delivered or sent or, if mailed, five days
after deposit in the U.S. mail.

     7. General Provisions.

          (a) Severability. Whenever possible, each provision of this Agreement will be
interpreted in such manner as to be effective and valid under

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applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any
applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability will
not affect any other provision or any other jurisdiction, but this Agreement will be reformed,
construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision
had never been contained herein.

          (b) Complete Agreement. This Agreement, those documents expressly referred to herein
and other documents of even date herewith embody the complete agreement and understanding among the
parties and supersede and preempt any prior understandings, agreements or representations by or
among the parties, written or oral, which may have related to the subject matter hereof in any way.

          (c) Counterparts. This Agreement may be executed in separate counterparts, each of
which is deemed to be an original and all of which taken together constitute one and the same
agreement.

          (d) Successors and Assigns. Except as otherwise provided herein, this Agreement shall
bind and inure to the benefit of and be enforceable by Executive and the Company and their
respective successors and assigns.

          (e) Choice of Law. All questions concerning the construction, validity and
interpretation of this Agreement and the exhibits hereto will be governed by and construed in
accordance with the internal laws of the State of Tennessee, without giving effect to any choice of
law or conflict of law provision or rule that would cause the application of the laws of any
jurisdiction other than the State of Tennessee.

          (f) Remedies. Each of the parties to this Agreement will be entitled to enforce its
rights under this Agreement specifically, to recover damages and costs (including attorney’s fees)
caused by any breach of any provision of this Agreement and to exercise all other rights existing
in its favor. The parties hereto agree and acknowledge that money damages may not be an adequate
remedy for any breach of the provisions of this Agreement and that any party may in its sole
discretion apply to any court of law or equity of competent jurisdiction (without posting any bond
or deposit) for specific performance and/or other injunctive relief in order to enforce or prevent any
violations of the provisions of this Agreement.

          (g) Amendment and Waiver. The provisions of this Agreement may be amended and waived
only with the prior written consent of the Company and the Executive.

          (h) Business Days. If any time period for giving notice or taking action hereunder
expires on a day which is a Saturday, Sunday or holiday in the

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state in which the Company’s principal place of business is located, the time period shall be automatically extended to the
business day immediately following such Saturday, Sunday or holiday.

          (i) Termination. This Agreement (except for the provisions of Sections 1(a) and 1(b))
shall survive a Separation as described in Section 1(e) and shall remain in full force and effect
after such Separation.

* * * * *

     IN WITNESS WHEREOF, the parties hereto have executed this Senior Management Agreement on the
date first written above.

	 	 	 	 	 	 	 	 	 
	 	 	IDLEAIRE TECHNOLOGIES CORPORATION	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	/s/ Michael C. Crabtree	 	 
	 	 	 	 	 	 	 
	 	 	Name:	 	Michael C. Crabtree	 	 
	 	 	Title:	 	Chief Executive Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	   /s/ Lynn R. Youngs	 	 
	 	 	 	 	 
	 	 	Lynn R. Youngs	 	 

10exv10w1

 

Exhibit 10.1

SECOND AMENDMENT TO CREDIT AGREEMENT AND WAIVER

     THIS SECOND AMENDMENT TO CREDIT AGREEMENT AND WAIVER (this “Second Amendment”), dated
as of September 14, 2007, is among RADIO ONE, INC., a Delaware corporation (the
“Borrower”), the several Lenders (as such term is defined in the hereinafter described
Credit Agreement) parties to this Second Amendment, and WACHOVIA BANK, NATIONAL ASSOCIATION, as
Administrative Agent for the Lenders (in such capacity, the “Administrative Agent”).

R E C I T A L S:

     A. The Borrower, the Administrative Agent, Bank of America, N.A., as Syndication Agent, and
Credit Suisse, Merrill Lynch, Pierce Fenner & Smith Incorporated, and SunTrust Bank, as
Co-Documentation Agents, and the several Lenders parties thereto entered into that certain Credit
Agreement dated as of June 13, 2005 (as amended pursuant to that First Amendment to Credit
Agreement, dated as of April 26, 2006, and as the same may be further amended, restated or modified
from time to time, the “Credit Agreement”). Capitalized terms used and not otherwise
defined herein shall have the meanings ascribed to them in the Credit Agreement.

     B. The Borrower has advised the Administrative Agent that it desires to amend the Credit
Agreement.

     C. The Required Lenders parties to this Second Amendment are willing to agree to the
amendments, subject to the performance and observance in full of each of the covenants, terms and
conditions, and in reliance upon all of the representations and warranties of the Borrower, set
forth herein.

     NOW, THEREFORE, in consideration of the premises and the covenants, terms and conditions, and
in reliance upon the representations and warranties, in each case contained herein, the parties
hereto agree hereby as follows:

ARTICLE I

Amendments

     Section 1.01 Amendment to Article I of the Credit Agreement — Definitions. Article I
of the Credit Agreement, Definitions, is hereby amended as follows:

     (a) Amendment to Definition of “Applicable Rate”. The definition of “Applicable Rate”
in Article I of the Credit Agreement is hereby amended by deleting the pricing grid set forth
therein and substituting the following pricing grid in its stead:

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 1

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	ABR	 	LIBOR	 	Commitment
	Total Leverage Ratio:	 	Spread	 	Spread	 	Fee Rate
	Greater than or equal to 7.00 to 1.00
	 	 	1.250	%	 	 	2.250	%	 	 	0.375	%
	Greater than or equal to 6.50 to 1.00
but less than 7.00 to 1.00
	 	 	1.000	%	 	 	2.000	%	 	 	0.375	%
	Greater than or equal to 6.00 to 1.00
but less than 6.50 to 1.00
	 	 	0.500	%	 	 	1.500	%	 	 	0.375	%
	Greater than or equal to 5.50 to 1.00
but less than 6.00 to 1.00
	 	 	0.250	%	 	 	1.250	%	 	 	0.375	%
	Greater than or equal to 5.00 to 1.00
but less than 5.50 to 1.00
	 	 	0.000	%	 	 	1.000	%	 	 	0.300	%
	Greater than or equal to 4.50 to 1.00
but less than 5.00 to 1.00
	 	 	0.000	%	 	 	0.750	%	 	 	0.300	%
	Less than 4.50 to 1.00
	 	 	0.000	%	 	 	0.625	%	 	 	0.250	%

     (b) Addition of Definition of “Internet Operations Subsidiary”. The definition
of “Internet Operations Subsidiary” is hereby added in its entirety to Article I of the Credit
Agreement in alphabetical order as follows:

     “Internet Operations Subsidiary” means a direct or indirect
Subsidiary of the Borrower that (i) is an Unrestricted Subsidiary, (ii)
conducts and operates its business primarily as an internet-related business
(together with such business and activities as may be directly related
thereto) and (iii) is either a Wholly Owned Subsidiary or a majority-owned
Subsidiary as permitted in accordance with the terms of this Agreement.

     (c) Addition of Definition of “Second Amendment Effective Date”. The definition of
“Second Amendment Effective Date” is hereby added in its entirety to Article I of the Credit
Agreement in alphabetical order as follows:

     “Second Amendment Effective Date” means September 14, 2007.

     (d) Amendment to Definition of “Unrestricted Subsidiary”. The definition of
“Unrestricted Subsidiary” in Article I of the Credit Agreement is hereby amended to read in its
entirety as follows:

     “Unrestricted Subsidiary” means (a) Reach Media, Radio One
Cable Holdings, Inc., Home Plate Suites, LLC and the Internet Operations
Subsidiary so long as the conditions contained in clauses (b)(i)
through and including (b)(iv) below are satisfied at all times as to
such Person respectively and (b) any Subsidiary of the Borrower that is
formed or acquired after the Effective Date, which is funded through
Investments as permitted by Section 6.08(d) (as designated by the
Board of Directors of the Borrower, as provided below) and any direct or
indirect Subsidiary of an Unrestricted Subsidiary; provided that at the time
of the Investment by the Borrower in such Unrestricted Subsidiary and at all
times thereafter (i) neither the Borrower nor any of the Restricted
Subsidiaries provides credit support for any Indebtedness of such
Unrestricted Subsidiary (including any undertaking, agreement or instrument
evidencing such

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 2

 

 

Indebtedness) other than Investments permitted by Section 6.08,
(ii) such Subsidiary is not liable, directly or indirectly, with respect to
any Indebtedness other than Unrestricted Subsidiary Indebtedness, (iii) such
Unrestricted Subsidiary is not a party to any agreement, contract,
arrangement or understanding at such time with the Borrower or any
Restricted Subsidiary of the Borrower except for transactions with
Affiliates permitted by the terms of this Agreement unless the terms of any
such agreement, contract, arrangement or understanding are no less favorable
to the Borrower or such Restricted Subsidiary than those that might be
obtained at the time from Persons who are not Affiliates of the Borrower and
(iv) such Unrestricted Subsidiary does not own any Equity Interest in or
Indebtedness of any Subsidiary of the Borrower that has not theretofore been
and is not simultaneously being designated an Unrestricted Subsidiary. Any
such designation by the Board of Directors of the Borrower shall be
evidenced to the Administrative Agent by delivering to the Administrative
Agent a board resolution giving effect to such designation and a certificate
executed by the President, a Vice President or a Financial Officer of the
Borrower certifying that such designation complies with the foregoing
conditions.

     Section 1.02 Amendment to Section 2.06(a) of the Credit Agreement. Section 2.06(a) of
the Credit Agreement is hereby amended to delete the number “$500,000,000” in the proviso thereof
and substitute the number “$300,000,000” in its stead.

     Section 1.03 Amendment to Section 2.11(d) of the Credit Agreement. Section 2.11(d) of
the Credit Agreement is hereby amended to add a sentence to the end of such Section, such sentence
to read in its entirety as follows:

Notwithstanding the foregoing or anything else in this Agreement or the
other Loan Documents to the contrary, within ten Business Days after receipt
by the Borrower or any Restricted Subsidiary of the Net Cash Proceeds from
the Disposition of their Stations located in Louisville and Dayton, the
Borrower shall repay the Term Loan in an amount not less than $100,000,000,
such repayment to be applied pro-rata across all remaining unpaid Term Loan
installments as required by Section 2.11(g).

     Section 1.04 Amendment to Section 3.02 of the Credit Agreement. Section 3.02 of the
Credit Agreement is hereby amended to read in its entirety as follows:

     Section 3.02 Authorization; Enforceability. The Transactions are
within the Borrower’s corporate powers and have been duly authorized by all
necessary corporate and, if required, stockholder action. This Agreement has been
duly executed and delivered by the Borrower and constitutes a legal, valid and
binding obligation of the Borrower, enforceable in accordance with its terms,
subject to applicable bankruptcy, insolvency, reorganization, moratorium or other
Laws affecting creditors’ rights generally and subject to general principles of
equity, regardless of whether considered in a proceeding in equity or at Law. The
Loan

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 3

 

 

Documents have been duly executed and delivered by the Loan Parties that are
party to each such Loan Document, and each constitutes a legal, valid and binding
obligation of each such Loan Party, enforceable in accordance with its terms,
subject to applicable bankruptcy, insolvency, reorganization, moratorium or other
Laws affecting creditors’ rights generally and subject to general principles of
equity, regardless of whether considered in a proceeding in equity or at Law.

     Section 1.05 Amendment to Section 3.17 of the Credit Agreement. Section 3.17 of the
Credit Agreement is hereby amended to read in its entirety as follows:

     Section 3.17 Use of Proceeds. The proceeds of the Loans shall be used
only (a) to refinance the Existing Senior Facilities, (b) for working capital,
Capital Expenditures made in the ordinary course of business and other lawful
corporate purposes (including any Restricted Payment made as permitted hereunder),
(c) for direct or indirect Investments permitted hereunder (including any direct or
indirect committed Investments in TV One) and acquisitions permitted hereunder (d)
to pay fees and expenses related to the Transactions, and (e) to redeem, invest in,
purchase or otherwise buy the 2001 Senior Subordinated Notes in accordance with the
terms of Section 6.06, provided that, notwithstanding the foregoing or anything else
in this Agreement and the other Loan Documents to the contrary, not more than
$150,000,000 of the proceeds of the Loans will be used for the purposes set forth in
this subsection (e). Letters of Credit will be issued only to support lawful
corporate purposes. The Borrower is not engaged and will not engage, principally or
as one of its important activities, in the business of purchasing or carrying margin
stock (within the meaning of Regulation U issued by the Board of Governors of the
Federal Reserve System of the United States), or extending credit for the purpose of
purchasing or carrying margin stock. Following the application of the proceeds of
each Borrowing or drawing under each Letter of Credit, not more than 25% of the
value of assets (either of the Borrower only or of the Borrower and its Subsidiaries
on a consolidated basis) subject to the provisions of Sections 6.03 and
6.05 or subject to any restriction contained in any agreement or instrument
between Borrower and any Lender or any Affiliate of any Lender relating to
Indebtedness and within the scope of clauses (f) and (o) of
Article VII will be margin stock.

     Section 1.06 Amendment to Opening Paragraph of Section 4.02 of the Credit Agreement.
The opening three-line paragraph of Section 4.02 of the Credit Agreement is hereby amended to read
in its entirety as follows:

     Section 4.02 Each Credit Event. The obligation of each Lender to make
a Loan on the occasion of any Borrowing that increases the outstanding amount of
Loans hereunder, and of the Issuing Bank to issue, amend, renew or extend any Letter
of Credit that increases the outstanding LC Exposure, is subject to the satisfaction
of the following conditions:

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 4

 

 

     Section 1.07 Amendment to Section 4.02 of the Credit Agreement. Section 4.02 of the
Credit Agreement is hereby amended to add a new subsection (d) to be inserted after subsection (c)
in Section 4.02 but before the final sentence of Section 4.02, to read in its entirety as follows:

     (d) The Borrower is in compliance, and will be in compliance after giving
effect to such Borrowing, or such issuance, amendment, renewal and extension of any
Letter of Credit, with the 2001 Senior Subordinated Debt Documents (including,
without limitation, the 2001 Senior Subordinated Notes Indenture) and the 2005
Senior Subordinated Debt Documents (including, without limitation, the 2005 Senior
Subordinated Notes Indenture), and all documentation executed in connection with any
junior or subordinate financing incurred in accordance with the terms of Section
6.05, including, without limitation, the provisions of the indentures related
thereto.

     Section 1.08 Amendment to Section 5.08 of the Credit Agreement. Section 5.08 of the
Credit Agreement is hereby amended and restated to read in its entirety as follows:

     Section 5.08 Use of Proceeds and Letters of Credit. The proceeds of
the Loans will be used only (a) to refinance the Existing Senior Facilities, (b) for
working capital, capital expenditures made in the ordinary course of business and
other lawful corporate purposes (including any Restricted Payment made as permitted
hereunder), (c) for direct or indirect Investments permitted hereunder (including
any direct or indirect committed Investments in TV One) and Acquisitions permitted
hereunder, (d) to pay fees and expenses related to the Transactions and (e) to
redeem, invest in, purchase or otherwise buy the 2001 Senior Subordinated Notes in
accordance with the terms of Section 6.06, provided that, notwithstanding the
foregoing or anything else in this Agreement and the other Loan Documents to the
contrary, not more than $150,000,000 of the proceeds of the Loans will be used for
the purposes set forth in this subsection (e). No part of the proceeds of any Loan
will be used, whether directly or indirectly, for any purpose that entails a
violation of any of the Regulations of the Board, including Regulations T, U and X.
Letters of Credit will be issued only to support lawful corporate purposes.

     Section 1.09 Amendment to Section 6.01(a) of the Credit Agreement. Section 6.01(a) of
the Credit Agreement is hereby amended and restated to read in its entirety as follows:

     Section 1.10 (a) Interest Coverage Ratio. The Borrower will not permit the Interest
Coverage Ratio at any time during any period set forth below to be less than the ratio set forth
opposite such period:

	 	 	 	 	 
	Period	 	Ratio
	From the Second Amendment Effective Date through and
including June 30, 2008
	 	1.60  to 1.00
	From July 1, 2008 through and including December 31, 2009
	 	 	1.75 to 1.00	 
	From January 1, 2010 through and including December 31, 2010
	 	 	2.00 to 1.00	 
	From January 1, 2011 and thereafter
	 	 	2.25 to 1.00	 

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 5

 

 

     Section 1.11  Amendment to Section 6.01(b) of the Credit Agreement. Section
6.01(b) of the Credit Agreement is hereby amended and restated to read in its entirety as follows:

     (b) Total Leverage Ratio. The Borrower will not permit the Total
Leverage Ratio at any time during any period set forth below to be more than the
ratio set forth opposite such period:

	 	 	 	 	 
	Period 	 	Ratio
	From the Second Amendment Effective Date through and
including March 31, 2008
	 	 	7.75 to 1.00	 
	From April 1, 2008 through and including September 30, 2008
	 	 	7.50 to 1.00	 
	From October 1, 2008 through and including June 30, 2010
	 	 	7.25 to 1.00	 
	From July 1, 2010 through and including September 30, 2011
	 	 	6.50 to 1.00	 
	From October 1, 2011 and thereafter
	 	 	6.00 to 1.00	 

     Section 1.12 Amendment to Section 6.05 of the Credit Agreement. Section 6.05 of
the Credit Agreement is hereby amended and restated to delete the word “and” from the end of
subsection (d) thereof, delete the “.” from the end of subsection (e) thereof and substitute “;
and” in its stead and to add a new subsection (f) after subsection (e) of Section 6.05 but prior to
the final paragraph of Section 6.05 to read in its entirety as follows:

     (f) so long as (i) no Default shall have occurred and be continuing or would
result therefrom, (ii) all such Equity Interests in the Internet Operations
Subsidiary that are owned by the Borrower or any Restricted Subsidiary are subject
to a first lien security interest in accordance with the provisions of Section
5.09(a), and (iii) the Borrower is otherwise in compliance with the limitations
set forth in Section 6.08 hereof, Dispositions of (A) Equity Interests of
the Internet Operations Subsidiary, provided that in no event shall the Borrower
own, directly or indirectly, less than 51% of (I) the total Equity Interests of the
Internet Operations Subsidiary and (II) voting control of the Internet Operations
Subsidiary, and (B) assets, business or other property owned by the Borrower or any
Restricted Subsidiary and permitted to be invested pursuant to Section
6.08(g).

     Section 1.13 Amendment to Section 6.06 of the Credit Agreement. Section 6.06 of the
Credit Agreement is hereby amended to add two sentences to the end of such Section, such two
sentences to read in their entirety as follows:

     The Internet Operations Subsidiary may not declare and pay dividends to its
equity holders unless the Borrower (or a Restricted Subsidiary) receives at least
its pro rata share of such dividend (based on equity ownership). The Borrower may
not redeem, repurchase, purchase, establish a sinking fund with

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 6

 

 

respect to, make any payments into a sinking fund or otherwise buy the
principal amount of any of the 2001 Senior Subordinated Notes, the 2005 Senior
Subordinated Notes or other Material Indebtedness that is subordinated and junior to
any part of the Obligations, provided that, (1) so long as there
exists no Default both immediately before and after giving effect to any such
purchase, repurchase, redemption or sinking fund payment, the Borrower may enter
into any refinancing permitted by Section 6.02, and (2) so long as (A) there
exists no Default both immediately before and after giving effect to any such
purchase, repurchase, redemption or sinking fund payment, and (B) no more than
$150,000,000 of the proceeds of the Loans are used for such purpose, the Borrower
may purchase, repurchase, redeem or buy the 2001 Senior Subordinated Notes (or make
a sinking fund payment for such purpose).

     Section 1.14 Amendment to Section 6.08 of the Credit Agreement. Section 6.08 of the
Credit Agreement is hereby amended and restated to delete the word “and” from the end of subsection
(e) thereof, delete the “.” from the end of subsection (f) thereof and substitute “; and” in its
stead and to add a new subsection (g) after subsection (f) of Section 6.08 to read in its entirety
as follows:

     (g) Investments of cash and/or assets in the Internet Operations Subsidiary, so
long as (i) there exists no Default both immediately before and after giving effect
to each such Investment, (ii) the Borrower, directly or indirectly, holds not less
than 51% of (A) the total equity interests and (B) voting control of the Internet
Operations Subsidiary, (iii) all such cash Investments in the Internet Operations
Subsidiary by the Borrower and its Restricted Subsidiaries in the aggregate do not
exceed $30,000,000 over the term of this Agreement, and (iv) investments of assets
(other than cash) are limited to those editorial and business related assets
associated with Giant Magazine.

     Section 1.15 Amendment to Section 6.09 of the Credit Agreement. Section 6.09 of the
Credit Agreement is hereby amended and restated to delete the word “or” from the end of subsection
(b)(vi) thereof, delete the “.” from the end of subsection (b)(vii) thereof and substitute “; or”
in its stead and to add a new subsection (b)(viii) after subsection (b)(vii) of Section 6.09 to
read in its entirety as follows:

     (viii) transactions with the Internet Operations Subsidiary that comply with
Section 6.08 and do not violate any of the other provisions of this
Agreement.

     Section 1.16 Schedule 3.16 to the Credit Agreement. Schedule 3.16 to the
Credit Agreement is hereby deleted in its entirety and the attached Schedule 3.16 is hereby
substituted in its stead.

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 7

 

 

ARTICLE II

Waiver

     Section 2.01 Waiver of Defaults. Subject to the satisfaction of the conditions of
effectiveness set forth in Article III of this Second Amendment and the other terms hereof, the
Required Lenders hereby waive any and each Event of Default under Section 7.01(d) of the Credit
Agreement arising solely out of the Borrower’s failure to comply with any of Sections 6.01(a) and
6.01(b) of the Credit Agreement during the fiscal quarters ending March 31, 2007 and June 30, 2007
(the “Waived Defaults”).

ARTICLE III

Conditions Precedent

     Section 3.01 Conditions Precedent. The parties hereto agree that this Second
Amendment and the amendment to the Credit Agreement contained herein shall not be effective until
the satisfaction of each of the following conditions precedent:

     (a) Execution and Delivery of this Second Amendment. The Administrative Agent shall
have received a copy of this Second Amendment executed and delivered by each of the applicable Loan
Parties and by all the Required Lenders and each of the conditions set forth in clauses (b)
through (e) below shall have been satisfied.

     (b) Resolutions. The Administrative Agent shall have received a copy of resolutions
from the Borrower and each Guarantor which authorize the execution, delivery, and performance by
the Borrower and the Guarantors of this Second Amendment and the other Loan Documents to be
executed in connection therewith and herewith to which the Borrower or such Guarantor is a party in
form and substance acceptable to the Administrative Agent and its counsel.

     (c) Incumbency Certificates. The Administrative Agent shall have received a copy of
certificates of incumbency certified by the Borrower, and each Guarantor certifying the names of
each Financial Officer of the Borrower and each Guarantor authorized to sign this Second Amendment
and each of the other Loan Documents to which the Borrower and each Guarantor is or is to be a
party (including the certificates contemplated herein) together with specimen signatures of such
Financial Officers, in form and substance acceptable to the Administrative Agent and its counsel.

     (d) Attorney Opinion. The Administrative Agent shall have received a favorable
written opinion of counsel to the Borrower (addressed to the Administrative Agent and the Lenders
and dated as of the Second Amendment and Waiver Effective Date (defined below)), in the form agreed
to by the parties hereto, and covering such matters relating to the Borrower, this Second
Amendment, the enforceability of the Credit Agreement as amended by this Second Amendment and the
Loan Documents, the 2001 Subordinated Notes Indenture, the 2005 Subordinated Notes Indenture and
the other transactions contemplated hereby as the Administrative Agent and its counsel shall
reasonably request. The Borrower hereby requests such counsel to deliver such opinion.

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 8

 

 

     (e) Representations and Warranties. Each of the representations and warranties made
in this Second Amendment shall be true and correct on and as of the Second Amendment and Waiver
Effective Date as if made on and as of such date, both before and after giving effect to this
Second Amendment.

     (f) Amendment Fee. The Borrower shall have paid to the Administrative Agent for the
account of each Lender timely executing this Second Amendment (including the Administrative Agent
in its capacity as a Lender), a nonrefundable amendment fee equal to a percentage, which percentage
will be agreed to by and among the Borrower, the Administrative Agent and the applicable Lenders of
the sum of each such Lender’s (i) Revolving Commitment plus (ii) outstanding Term Loan.

     (g) Fees and Expenses. The Borrower shall have paid the invoiced fees, costs and
out-of-pocket expenses incurred by counsel to the Administrative Agent in connection with the
preparation, negotiation, execution and delivery of this Second Amendment and all transactions
contemplated hereby and thereby.

     (h) Other Documents and Instruments. The Administrative Agent shall have received, in
form and substance satisfactory to the Administrative Agent and its counsel, such other documents,
certificates and instruments as the Administrative Agent shall require.

ARTICLE IV

Representations and Warranties

     Section 4.01 Representations and Warranties. To induce the Administrative Agent and
the several Lenders parties hereto to enter into this Second Amendment and to grant the amendments
contained herein, the Borrower represents and warrants to the Administrative Agent and the Lenders
as follows:

     (a) Authorization; No Contravention. The execution, delivery and performance by the
applicable Loan Parties of this Second Amendment have been duly authorized by all necessary
partnership, corporate or limited liability company action, as applicable, and do not and will not
(i) contravene the terms of any Charter Documents of any Loan Party, (ii) conflict with or result
in any breach or contravention of, or the creation of any Lien under, any document evidencing any
Obligation to which any Loan Party is a party or any order, injunction, writ or decree of any
Governmental Authority to which any Loan Party is a party or its property is subject, or (iii)
violate any requirement of law.

     (b) Governmental Authorization; Consents. No approval, consent, exemption,
authorization or other action by, or notice to, or filing with or approvals required under state
blue sky securities laws or by any Governmental Authority is necessary or required in connection
with the execution, delivery, performance or enforcement of this Second Amendment. No consent of
any Person is required in connection with the execution by the Borrower of this Second Amendment
and/or the performance by the Borrower of its rights and obligations under the Credit Agreement as
amended by this Second Amendment.

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 9

 

 

     (c) No Default. After giving effect to this Second Amendment and the Waived Defaults,
no Default or Event of Default exists under any of the Loan Documents. No Loan Party is in default
under or with respect to (i) its charter documents or (ii) any Material Indebtedness of such
Person. The execution, delivery and performance of this Second Amendment shall not result in any
default under any Material Indebtedness of any Loan Party in any respect. The Borrower is in full
compliance with all terms and provisions of the 2001 Senior Subordinated Debt Documents and the
2005 Senior Subordinated Debt Documents, and no default or breach thereunder will exist after
giving effect to this Second Amendment or the performance by the Borrower of its rights and
obligations under the Credit Agreement as amended by this Second Amendment.

     (d) Binding Effect. This Second Amendment and the Credit Agreement as amended hereby
constitute the legal, valid and binding obligations of the Loan Parties that are parties thereto,
enforceable against such Loan Parties in accordance with their respective terms, except as
enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the
enforcement of creditors’ rights generally or by equitable principles of general applicability.

     (e) Representations and Warranties. The representations and warranties set forth in
the Credit Agreement and the other Loan Documents are true and correct in all material respects on
and as of the Second Amendment and Waiver Effective Date, after giving effect to the amendments
contemplated in this Second Amendment, as if such representations and warranties were being made on
and as of the Second Amendment and Waiver Effective Date, in each case except to the extent any
such representation or warranty is stated to relate to an earlier date, in which case such
representation or warranty shall have been true and correct on and as of such earlier date.

ARTICLE V

Miscellaneous

     Section 5.01 Ratification of Loan Documents. Except for the specific amendments
expressly set forth in this Second Amendment, the terms, provisions, conditions and covenants of
the Credit Agreement and the other Loan Documents remain in full force and effect and are hereby
ratified and confirmed, and the execution, delivery and performance of this Second Amendment shall
not in any manner operate as a waiver of, consent to or amendment of any other term, provision,
condition or covenant of the Credit Agreement or any other Loan Document.

     Section 5.02 Fees and Expenses. The Borrower agrees to pay promptly following demand
therefor all reasonable costs and expenses of the Administrative Agent in connection with the
preparation, reproduction, execution, and delivery of this Second Amendment, and any other
documents prepared in connection herewith or therewith, including, without limitation, the
reasonable fees and out-of-pocket expenses of counsel for the Administrative Agent.

     Section 5.03 Headings. Article, section and subsection headings in this Second
Amendment are included herein for convenience of reference only and shall not constitute a part of
this Second Amendment for any other purpose or be given any substantive effect.

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 10

 

 

     Section 5.04 Applicable Law. THIS SECOND AMENDMENT SHALL BE GOVERNED BY, AND SHALL BE
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO
CONFLICTS OF LAW PRINCIPLES.

     Section 5.05 Counterparts and Second Amendment and Waiver Effective Date. This Second
Amendment may be executed in any number of counterparts and by different parties hereto in separate
counterparts, each of which when so executed and delivered shall be deemed an original, but all
such counterparts together shall constitute but one and the same instrument; signature pages may be
detached from multiple separate counterparts and attached to a single counterpart so that all
signature pages are physically attached to the same document. This Second Amendment shall become
effective when the Administrative Agent has received counterparts of this Second Amendment executed
by the Borrower and the Required Lenders and each of the conditions precedent set forth in
Article III above has been satisfied (the “Second Amendment and Waiver Effective
Date”).

     Section 5.06 Affirmation of Guarantees. Notwithstanding that such consent is not
required thereunder, each of the Guarantors hereby consent to the execution and delivery of this
Second Amendment and reaffirm their respective obligations under the Guarantee and Collateral
Agreement.

     Section 5.07 Confirmation of Loan Documents and Liens. As a material inducement to
the Lenders to agree to amend the Credit Agreement as set forth herein, the Borrower and Guarantors
hereby (i) acknowledge and confirm the continuing existence, validity and effectiveness of the Loan
Documents to which they are parties, including, without limitation the Guarantee and Collateral
Agreement and the Liens granted under the Guarantee and Collateral Agreement, (ii) agree that,
except as otherwise expressly provided in this Second Amendment, the execution, delivery and
performance of this Second Amendment shall not in any way release, diminish, impair, reduce or
otherwise adversely affect such Loan Documents and Liens and (iii) acknowledge and agree that the
Liens granted under the Guarantee and Collateral Agreement secure (A) the payment of the
Obligations under the Loan Documents in the same priority as on the date such Liens were created
and perfected, and (B) the performance and observance by the Borrower and the other Loan Parties of
the covenants, agreements and conditions to be performed and observed by each under the Credit
Agreement, as amended hereby.

     Section 5.08 References to the Credit Agreement. Upon and during the effectiveness of
this Second Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, or
words of like import shall mean and be a reference to the Credit Agreement, as amended by this
Second Amendment.

     Section 5.09 Final Agreement. THIS SECOND AMENDMENT, TOGETHER WITH THE CREDIT
AGREEMENT AND OTHER LOAN DOCUMENTS, REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT
BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE
PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

SECOND AMENDMENT TO CREDIT AGREEMENT - PAGE 11

 

 

     IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be duly executed
and delivered by their proper and duly authorized officers effective as of the Second Amendment and
Waiver Effective Date.

	 	 	 	 	 
	 	BORROWER:

RADIO ONE, INC.

 	 
	 	By:  	/s/ Scott R. Royster
 	 
	 	 	Scott R. Royster  	 
	 	 	Executive Vice President

   and Chief Financial Officer 	 
	 
	 	OTHER GUARANTORS 

(for purposes of Article V hereof):

RADIO ONE OF INDIANA, L.P.

 	 
	 	By:  	Radio One, Inc., its general partner
 	 
	 	 	 	 
	 	 	 
	 	By:  	  /s/ Scott R. Royster
 	 
	 	 	Scott R. Royster  	 
	 	 	Executive Vice President

   and Chief Financial Officer 	 
	 
	 	SYNDICATION ONE, INC.

 	 
	 	By:  	/s/ Scott R. Royster
 	 
	 	 	Scott R. Royster  	 
	 	 	Executive Vice President

   and Chief Financial Officer 	 
	 
	 	MAGAZINE ONE, INC.

 	 
	 	By:  	/s/ Scott R. Royster
 	 
	 	 	Scott R. Royster  	 
	 	 	Executive Vice President
   

and Chief Financial Officer 	 
	 
	 	RADIO ONE, INC. 

RADIO ONE LICENSES, LLC

 	 
	 	 	 
	 	 	 
	 	 	 
	 

 

 

	 	 	 	 	 
	 	BELL BROADCASTING COMPANY

RADIO ONE OF DETROIT, LLC

RADIO ONE OF ATLANTA, LLC

ROA LICENSES, LLC

RADIO ONE OF CHARLOTTE, LLC

CHARLOTTE BROADCASTING, LLC

RADIO ONE OF NORTH CAROLINA, LLC

RADIO ONE OF AUGUSTA, LLC

RADIO ONE OF BOSTON, INC.

RADIO ONE OF BOSTON LICENSES, LLC

RADIO ONE OF INDIANA, LLC

RADIO ONE OF TEXAS II, LLC

BLUE CHIP BROADCASTING, LTD.

BLUE CHIP BROADCASTING LICENSES, LTD.

SATELLITE ONE, L.L.C.

HAWES-SAUNDERS BROADCAST

      PROPERTIES, INC.

RADIO ONE OF DAYTON LICENSES, LLC 

NEW MABLETON BROADCASTING

      CORPORATION

RADIO ONE MEDIA HOLDINGS, LLC

 	 
	 	 	 
	 	 	 
	 	 	 
	 
	 	 	 
	 	By:  	                                              /s/ Scott R. Royster
 	 
	 	 	Scott R. Royster  	 
	 	 	Executive Vice President

   and Chief Financial Officer 	 
	 

 

 

	 	 	 	 	 
	 	ADMINISTRATIVE AGENT, SYNDICATION AGENT,

CO-DOCUMENTATION AGENTS, 

ISSUING BANK AND LENDERS:

WACHOVIA BANK, NATIONAL ASSOCIATION,

as Administrative Agent, Issuing Bank

and as a Lender

 	 
	 	By:  	/s/ Russ Lyons
 	 
	 	 	Name:  	Russ Lyons 	 
	 	 	Title:  	Director

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