Document:

Executive Employment Agreement, dated as of January 31, 2007

 Exhibit 10.1 
 EXECUTION VERSION 
 INTERMEDIA OUTDOORS, INC.  

EXECUTIVE EMPLOYMENT AGREEMENT 
 THIS AGREEMENT is made effective as of January 31, 2007 (the “Effective Date”), between InterMedia Outdoors, Inc., a Delaware corporation (the “Company”) and Jeffrey
Paro (“Executive”). Capitalized terms used herein and not otherwise defined herein have the meanings given to such terms in Section 14 below. 
 This Agreement supersedes in full any prior employment agreements or understandings between Executive and the Company or any of its Subsidiaries, Affiliates and predecessors. 

In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto agree as follows: 
 1. Employment. On the terms and conditions set
forth in this Agreement, the Company shall employ Executive as Chief Executive Officer of the Company, and Executive hereby accepts such employment with the Company. During the Term, Executive shall also serve as a voting member of the
Company’s Board of Directors (the “Board”). While employed by the Company, Executive shall report to the Board or, following a merger, acquisition of assets or other corporate transaction involving the Company or an Affiliate, in each
case in excess of $100 million, to the Board or a delegate thereof. 
 2. Term. The term of employment shall commence on
the Effective Date and continue until January 31, 2010, subject to the termination provisions set forth in Section 4 below (such employment term, the “Term”). 

3. Compensation and Benefits. 
 a. Base Salary. In consideration of the performance of Executive’s obligations hereunder, the Company shall pay (or cause to be paid) to Executive during the Term an annual salary (the
“Base Salary”) in the amount of Three Hundred and Fifty Thousand Dollars ($350,000), payable in regular installments pursuant to the Company’s normal payroll practices. Commencing on January 1, 2008, the Base Salary shall
automatically increase by the greather of three percent (3%) and the percentage increase (if any) in the Consumer Price Index for All Urban Consumers for the prior calendar year, or such higher amount as may be determined by the Company, and
such increased amount shall be treated as the Base Salary for all purposes hereunder. 
 b. Bonus. Until a new bonus
arrangement is proposed by Executive and approved by the Board, the Executive shall be covered by a cash bonus arrangement that is substantially equivalent to the cash bonus arrangement covering Executive at Primedia, Inc. 

 immediately before the closing under the Asset Purchase Agreement dated as of December 6, 2006, between
Primedia Specialty Group Inc., Primedia Enthusiast Publications, Inc., Primedia Special Interest Publications Inc., Primedia Inc. and InterMedia Outdoors, Inc. (the “Asset Purchase Agreement”) 

c. Equity Incentive. As soon as possible after the Effective Date, InterMedia Outdoors Holdings, LLC (“Holdings
LLC”) shall issue to Executive a one-time grant of Class E Common Units (“Profit Interests”) equivalent to 3% of the fully diluted membership units of Holdings LLC outstanding as of the issue date. The terms of all Profit
Interests shall be subject to the InterMedia Outdoors Holdings, LLC 2007 Incentive Plan, and the terms of that Incentive Plan, including its Standard Terms and Conditions for Awards of Class E Common Units shall control in the event of a conflict
with this Agreement. In addition, Executive shall be eligible to participate in the InterMedia Outdoors Holdings, LLC Executive Sale Bonus Plan, in accordance with the terms of that plan. 

d. Benefits. During the Term, Executive shall be entitled to (i) four (4) weeks of paid vacation each year, and
(ii) such other benefits as Executive may be eligible for pursuant to applicable benefit programs for key executive employees adopted by the Board from time to time. 
 4. Termination. 
 a. Executive’s employment by the Company shall
terminate immediately upon (i) Executive’s resignation for no reason or for Good Reason, (ii) Executive’s death or Disability (as defined below), (iii) the termination of Executive’s employment by the Company for Cause,
(iv) the end of the Term pursuant to Section 2 unless Executive and the Company have agreed to continue Executive’s employment, or (v) the termination of Executive’s employment by the Company other than for Cause (a
termination described in this clause (v) being a termination by the Company “Without Cause”). Except as otherwise provided herein, any termination of Executive’s employment by the Company shall be effective as specified in
a written notice from the party terminating Executive’s employment to the other party. 
 b.(i) If Executive’s
employment is terminated (x) by the Company Without Cause, or (y) by Executive’s resignation for Good Reason, then Executive shall be entitled to (A) receive the then current Base Salary payable in regular installments pursuant
to the Company’s normal payroll practices, for a period of 18 months following the Termination Date (the “Severance Period”), (B) a pro rata bonus for the calendar year in which the Termination Date occurs based on actual
satisfaction of performance goals for such year (determined using a fraction, the numerator of which is the number of days in such year up to and including the Termination Date (or, for a Termination Date in 2007, the number of days from the
Effective Date up to and including the Termination Date) and the denominator of which is 365), payable in a lump sum at the same time the annual bonuses for the year including the Termination Date are paid generally, and (C) payment for all
accrued and unpaid Base Salary, accrued and unused vacation time through the Termination Date and all unreimbursed business expenses incurred through the Termination Date in accordance with the policies and procedures adopted by the Board for
reimbursement of such expenses. In addition, during the Severance Period (or, if earlier, until Executive becomes eligible for comparable coverage under the group health plan of 

  
 2 

 another employer), the Company shall continue to provide health benefits under COBRA at the Company’s
sole cost for Executive and his family members who were enrolled in the Company’s group health plan immediately prior to the Termination Date. 
 (ii) If Executive’s employment is terminated at the end of the Term pursuant to Section 2 because the Company does not renew this Agreement, then Executive shall be entitled to
(A) receive the then current Base Salary payable in regular installments pursuant to the Company’s normal payroll practices for a period of 3 months following the Termination Date, and (B) payment for all accrued and unpaid Base
Salary, accrued and unused vacation time through the Termination Date and all unreimbursed business expenses incurred through the Termination Date in accordance with the policies and procedures adopted by the Board for reimbursement of such
expenses. In addition, during such 3-month period (or, if earlier, until Executive becomes eligible for comparable coverage under the group health plan of another employer), the Company shall continue to provide health benefits under COBRA at the
Company’s sole cost for Executive and his family members who were enrolled in the Company’s group health plan immediately prior to the Termination Date. 
 (iii) Notwithstanding anything to the contrary contained herein, any payments to be made by the Company to Executive pursuant to this Section 4(b) shall be paid to Executive only if Executive
has executed and delivered to the Company a release of claims acceptable to the Company and such release has become effective, and only so long as Executive has not revoked or breached the provisions of the release or breached the provisions of
Sections 5, 6 and 7 hereof and does not apply for unemployment compensation chargeable to the Company during the Severance Period (or, if Section 4(b)(ii) applies, the 3-month period specified therein), and Executive shall not be
entitled to any other salary, compensation or benefits after the Termination Date, except as specifically provided for in the Company’s employee benefit plans or as otherwise expressly required by applicable law. 

c. If Executive’s employment is terminated due to (i) Executive’s resignation (other than for Good Reason),
(ii) Executive’s death or Disability, (iii) the termination of Executive’s employment by the Company for Cause or (iv) except as provided in Section 4(b)(ii) above, the end of the Term pursuant to
Section 2, Executive shall be entitled to receive his accrued and unpaid Base Salary only through the Termination Date and shall not be entitled to any other salary, compensation or benefits from the Company thereafter, except as
otherwise specifically provided for under the Company’s employee benefit plans or as otherwise expressly required by applicable law. 
 d. Except as otherwise expressly provided herein, all of Executive’s rights to salary, bonuses, employee benefits and other compensation hereunder which would have accrued or become payable after the
Termination Date shall cease upon such Termination Date, other than those expressly required under applicable law. 
 e. For
purposes of this Section 4, a “Disability” shall be deemed to have occurred upon the first of the following events: (A) if Executive, as a result of mental or physical condition, injury, sickness or incapacity, has
become incapable of satisfactorily discharging his regular duties as Executive with or without reasonable accommodation for one hundred eighty consecutive days during any period of twelve consecutive months or (B) the adjudication that

  
 3 

 Executive is incompetent or a disabled Person by a court of competent jurisdiction. In the event of any
dispute regarding the existence of Executive’s Disability hereunder, the matter will be resolved by the determination of a majority of three physicians qualified to practice medicine in Executive’s state of primary residence, one to be
selected by each of Executive and the Company and the third to be selected by the two designated physicians. For this purpose, Executive will submit to appropriate medical examinations by the doctors making the determination of the Disability and
Executive hereby authorizes the disclosure and release to the Company and the doctors of such determination and all supporting medical records. If Executive is not legally competent, Executive’s legal guardian or duly authorized
attorney-in-fact will act in Executive’s stead for the purposes of submitting Executive to the examinations and providing the authorization of disclosure required under this Section 4(e). 

5. Confidential Information. During Executive’s employment pursuant to this Agreement, and in his similar capacity while
employed by Primedia Inc. prior to the closing of the Asset Purchase Agreement, Executive has been and will be given access to and become acquainted with the confidential business information, observations and data (including trade secrets) of the
Company and/or any of its Subsidiaries or Affiliates in written, oral or graphic form, including, but not limited to, financial plans and records, marketing plans, business strategies and relationships with third parties, present and proposed
products, present and proposed patent applications, trade secrets, information regarding customers and suppliers, strategic planning and systems, and contractual terms obtained by him while employed by the Company concerning the business or affairs
of the Company and/or any of its Subsidiaries or Affiliates (collectively, the “Confidential Information”). Executive acknowledges that the Confidential Information has been created or acquired by the Company and/or any of its
Subsidiaries and predecessors or Affiliates through expenditure of valuable resources and provides the Company and/or any of its Subsidiaries or Affiliates with competitive advantages over others in the market who do not have access to or use of
such Confidential Information. Executive further acknowledges that the Confidential Information is the property of the Company and/or any its Subsidiaries or Affiliates. Executive agrees that he shall not disclose to any Person or use for his own
purposes any Confidential Information or any confidential or proprietary information of other Persons in the possession of the Company (“Third Party Information”), without the prior written consent of the Board, unless and to the
extent that the (i) Confidential Information or Third Party Information becomes generally known to and available for use by the public, other than as a result of Executive’s acts or omissions or (ii) the disclosure of such
Confidential Information is required by law, in which case Executive shall give notice to and the opportunity to the Company to comment on the form of the disclosure and only the portion of Confidential Information that is required to be disclosed
by law shall be disclosed. Executive shall deliver to the Company on the Termination Date, or at any other time the Company may request, all memoranda, notes, plans, records, reports, computer files, disks and tapes, printouts and software and other
documents and data (and copies thereof) embodying or relating to Third Party Information, Confidential Information, Work Product (as defined in Section 6 below) or the business of the Company and/or any of its Subsidiaries or Affiliates
which he may then possess or have under his control. 
 6. Intellectual Property, Inventions and Patents. Executive
acknowledges and agrees that all discoveries, concepts, ideas, inventions, innovations, improvements, developments, methods, designs, analyses, drawings, reports, works of authorship, mask works and intellectual 

  
 4 

 property (whether or not including any confidential information), all other proprietary information and all
similar or related materials, documents, work product or information (whether or not patentable) which is: (a) conceived, developed, reduced to practice, or created by Executive (i) within the scope of Executive’s employment,
(ii) on the time of the Company or any of its Subsidiaries or Affiliates, or (iii) with the aid, assistance, or use of any of the property, equipment, facilities, supplies, resources, or intellectual property of the Company or any of its
Subsidiaries or Affiliates; (b) the result of any work, services, or duties performed by Executive for the Company or any of its Subsidiaries or Affiliates; (c) related to the industry or trade of the Company or any of its Subsidiaries or
Affiliates; or (d) related to the current or demonstrably anticipated business, research, or development of the Company or any of its Subsidiaries or Affiliates while employed by the Company, whether before or after the date of this Agreement
(collectively the “Work Product”), belong to the Company and/or any of its Subsidiaries or Affiliates. Executive shall promptly disclose such Work Product to the Board and hereby irrevocably assigns, transfers and conveys, to the
extent permitted by applicable law, all rights, including, without limitation, intellectual property rights, therein on a worldwide basis to the Company or such other entity as the Company shall designate, to the extent ownership of any such rights
does not vest originally in the Company and waives any moral rights therein to the fullest extent permitted under applicable law. Executive shall, at the Company’s expense, perform all actions reasonably requested by the Board (whether during
Executive’s employment or after the Termination Date) to establish and confirm such ownership (including, without limitation, executing assignments, consents, powers of attorney and other instruments). Executive agrees that Executive will not
use any Work Product for his personal benefit, the benefit of a competitor, or for the benefit of any Person other than the Company. 
 7. Non-Competition, Non-Solicitation and Non-Disparagement. In further consideration of the compensation to be paid to Executive hereunder, during the term of this Agreement and for a period of
twelve (12) months following the Termination Date (the “Non-Compete Period”), Executive shall not, directly or indirectly through any other Person or contractual arrangement: 

a. (i) Engage, anywhere in North America, in publishing and distribution of publications, operating websites, distributing television
programs, operating television channels or networks, operating broadband networks, hosting events and conducting other similar activities relating to hunting, fishing and shooting or any other significant business engaged in by the Company during
the Term (the “Business”), or perform management, executive or supervisory functions with respect to, owning, operating, joining, controlling, rendering financial assistance to, receiving any economic benefit from, exerting any
influence upon, participating in or rendering services or advice to any business or Person that competes in whole or in part, with the Business; provided that the restrictions contained in this Section 7(a)(i) shall not prohibit
Executive from (A) acquiring, directly or indirectly, less than 5% of the outstanding capital stock of any publicly traded company that competes with the Business or (B) working for an employer whose primary business does not compete with
the Business so long as (x) Executive does not work for the subsidiary, business segment or division of the employer that competes with the Business and (y) Executive does not conduct the business of such employer in any way that is
deliberately adverse to the Company or any of its Subsidiaries or Affiliates; 

  
 5 

 (ii) Solicit, recruit or hire any person who at any time within the 6 months prior to or
after the date of this Agreement is a Company Group Employee or Company Independent Contractor; provided that the foregoing shall not prohibit (A) a general solicitation to the public of general advertising or similar methods of
solicitation by search firms not specifically directed at Company Group Employees or Company Independent Contractors or (B) Executive from soliciting, recruiting or hiring any Company Group Employee or Company Independent Contractor who has
ceased to be employed or retained by the Company or any of its Subsidiaries or Affiliates for at least 12 months prior to the date of such solicitation. For purposes of this Section 7, the term “Company Group Employees”
means, collectively, officers, directors and employees of the Company or any of its Subsidiaries or Affiliates and the term “Company Independent Contractors” means any Person who has been employed as an independent contractor or
agent of the Company or any of its Subsidiaries or Affiliates during the 24-month period prior to the Termination Date at any time; or 
 (iii) Approach or seek Business from any Supplier (as hereinafter defined), induce or encourage any Supplier to limit or reduce its business with the Company or any of its Subsidiaries or Affiliates,
refer Business from any Supplier to any Person or be paid commissions based on Business sales received from any Supplier by any Person. For purposes of this Section 7(a)(iii), the term “Supplier” means any Person from
which the Company received any product or service, or contemplated receiving any such product or service, during the 24-month period prior to the Termination Date. 
 b. Notwithstanding the foregoing, the covenants set forth in Section 7(a)(i) and Section 7(a)(iii) above shall not apply following the end of the Term if Executive’s
employment terminates due to the end of the Term pursuant to Section 2. 
 c. Executive acknowledges that the
covenants of Executive set forth in this Section 7 are an essential element of this Agreement and that any breach of any provision of this Section 7 will result in irreparable injury to the Company. Executive acknowledges
that in the event of such a breach, in addition to all other remedies available at law, the Company shall be entitled to equitable relief, including injunctive relief, and an equitable accounting of all earnings, profits or other benefits arising
therefrom, as well as such other damages as may be appropriate. Executive has independently consulted with its counsel and after such consultation agrees that the covenants set forth in this Section 7 are reasonable and proper to protect
the legitimate interest of the Company. 
 d. Executive shall not, directly or indirectly through any other person, disparage
the Company or any of its Subsidiaries or Affiliates in any way that could adversely affect the goodwill, reputation or business relationships of the Company or any of its Subsidiaries or Affiliates with the public generally, or with any of their
customers, suppliers or employees. The Company shall not, directly or indirectly through any other person, disparage the Executive in any way that could adversely affect the goodwill, reputation or business relationships of the Executive with the
public generally, or with any of his customers, suppliers or employees. 

  
 6 

 8. Enforcement. Because Executive’s services are unique and because Executive
has access to Confidential Information and Work Product, the parties hereto agree that the Company would suffer irreparable harm from a breach of Section 5, 6 or 7 by Executive and that money damages would not be an adequate remedy for
any such breach of this Agreement. Therefore, in the event a breach or threatened breach of this Agreement, the Company or its successors or assigns, in addition to other rights and remedies existing in their favor, shall be entitled to specific
performance and/or injunctive or other equitable relief from a court of competent jurisdiction in order to enforce, or prevent any violations of, the provisions hereof (without posting a bond or other security). In addition, in the event of a breach
or violation by Executive of Section 7, the Non-Compete Period shall be automatically extended by the amount of time between the initial occurrence of the breach or violation and when such breach or violation has been duly cured.

 9. Executive’s Representations. Executive hereby represents and warrants to the Company that (i) the
execution, delivery and performance of this Agreement by Executive do not and shall not conflict with, breach, violate or cause a default under any contract, agreement, instrument, order, judgment or decree to which Executive is a party or by which
he is bound, (ii) Executive is not a party to or bound by any employment agreement, non-competition agreement or confidentiality agreement with any other Person that would be contravened by Executive’s performance of this Agreement and
(iii) upon the execution and delivery of this Agreement by the Company, this Agreement shall be the valid and binding obligation of Executive, enforceable in accordance with its terms. 

10. Deductions and Withholdings From Payments on Behalf of Executive. The Company shall be entitled to deduct or withhold from any
amounts owing from the Company to Executive any federal, state, local or foreign withholding taxes, excise tax, or employment taxes imposed with respect to Executive’s compensation or other payments from the Company or Executive’s
ownership interest in the Company (including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). 

11. Corporate Opportunity. While Executive is employed by the Company, Executive shall submit to the Board all business,
commercial and investment opportunities or offers presented to Executive or of which Executive becomes aware which relate to the Business in North America at any time during Executive’s employment by the Company (“Corporate
Opportunities”). Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf. 

12. Survival. Sections 5 through 8 and 13 through 24 shall survive and continue in full force in accordance with their
terms notwithstanding the termination of Executive’s employment. 
 13. Notices. Any notice provided for in this
Agreement shall be in writing and shall be either personally delivered, sent via e-mail or facsimile, sent by reputable overnight courier service or mailed by first class mail, return receipt requested, to the recipient at the address below
indicated: 

  
 7 

 Notices to Executive: 

Jeffrey Paro 

Chief Executive Officer 
 InterMedia Outdoors, Inc. 
 512 Seventh Avenue 

New York, NY 10018 
 Email: Jeff.Paro@IMOutdoors.com 
 Notices to the Company: 

InterMedia Outdoors, Inc. 
 c/o InterMedia Partners, L.P. 
 405 Lexington Avenue, 48th Floor 

New York, New York 10174 
 Attention: Mark J. Coleman, Esq. 
 Facsimile (212) 503-2879 

Email: mcoleman@intermediaadvisors.com 
 With a copy to (which shall not constitute notice to the Company): 
 Gibson,
Dunn & Crutcher LLP 
 200 Park Avenue 
 New York, NY 10163 
 Attention: David M. Wilf, Esq. 

Facsimile: (212) 351-6277 
 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 shall be deemed to
have been given when so delivered, sent or mailed. 
 14. Certain Definitions. When used herein, the following terms will
have the following meanings: 
 “Affiliate” means, with respect to any Person, any other Person that, directly
or indirectly through one or more of its intermediaries, controls, is controlled by or is under common control with such Person. 
 “Board” shall mean the Board of Managers of the Company. 

“Cause” shall mean with respect to Executive one or more of the following: (A) Executive’s willful and
continued failure to perform his duties, (B) Executive’s engaging in gross misconduct that is injurious to the Company or any Subsidiary, monetarily or otherwise, (C) dishonesty or bad faith in the performance of Executive’s
duties, (D) conviction of, or plea of 

  
 8 

 nolo contendere to, a felony or a misdemeanor involving moral turpitude, (E) Executive’s
malfeasance or gross misconduct in connection with his duties, (F) Executive’s material failure to follow lawful directives of the Board, (G) Executive’s material breach of this Agreement, or (H) Executive’s breach of
any material written policy of the Company; provided, however, that (A), (B), (F), (G) and (H) shall not constitute grounds for Cause unless Executive fails to cure such action within 30 days of the Board providing written notice of its
intent to terminate Executive for Cause pursuant to such grounds. 
 “Good Reason” means, if such event occurs
without Executive’s consent in writing, (A) a reduction in the Base Salary or annual target bonus opportunity, (B) an adverse change in Executive’s title or reporting relationship not permitted by Section 1 hereof,
(C) a requirement that Executive relocate outside the New York City metropolitan area before the first anniversary of the Effective Date, (D) a material failure by the Company to pay amounts due under this Agreement, or (E) a material
reduction in Executive’s duties or responsibilities (including, without limitation, removal of Executive as a voting member of the Board), and with respect to (A), (B), (D) and (E) is not cured by the Company within 30 days of the
Company’s receipt of written notice from Executive with respect to the grounds constituting Good Reason. For the avoidance of doubt, Good Reason shall not exist solely because the Company becomes a subsidiary of another company that is an
Affiliate of InterMedia Partners VII, L.P. and/or any other entity or entities managed by InterMedia Advisors, LLP. 

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

“Severance Period” shall have the meaning specified in Section 4(b)(i). 

“Subsidiary” means any majority-owned subsidiary of the Company. 

“Termination Date” shall mean the date on which Executive’s employment ends as determined by Section 2
or Section 4(a). 
 “Without Cause” shall have the meaning specified in
Section 4(a)(v). 
 15. Severability/“Blue-Penciling”. Whenever possible, each provision of this
Agreement shall be interpreted in such manner as to be effective and valid under 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 shall not affect any other provision of this Agreement or any action in any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if
such invalid, illegal or unenforceable provision had never been contained herein. Any provision of this Agreement which is invalid and unenforceable under applicable law but may be rendered valid and enforceable by modification
(“blue-penciling”) shall be subject to such modification by the appropriate court, which shall modify the Agreement to the minimum extent necessary to achieve such validity and enforceability. 

  
 9 

 16. Complete Agreement. This Agreement, and those documents expressly referred to
herein 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. 
 17. 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. 
 18. Successors and Assigns. This
Agreement is intended to bind and inure to the benefit of and be enforceable by Executive, the Company and their respective heirs, successors and assigns, except that Executive may not assign his rights or delegate his duties or obligations
hereunder without the prior written consent of the Company. 
 19. Arbitration. Any controversy or claim arising out of
this Agreement, or the breach thereof, shall be settled by arbitration administered by the American Arbitration Association under its National Rules for the Resolution of Employment Disputes, and judgment upon the award rendered by the arbitrators
may be entered by any court having jurisdiction thereof. There shall be one arbitrator who shall be appointed by the respective parties or, failing agreement, by the American Arbitration Association in New York. The arbitration shall be held in the
City of New York, State of New York, U.S.A., and the arbitrator shall apply the substantive law of the State of New York, except that the interpretation and enforcement of this arbitration provision shall be governed by the United States Arbitration
Act. Disputes about arbitration procedure shall be resolved by the arbitrator or failing agreement, by the American Arbitration Association in New York. Except as provided in Section 7, the award of the arbitrator shall be the sole and
exclusive remedy of the parties and shall be enforceable in any court of competent jurisdiction. The prevailing party shall be entitled to an award of reasonable attorney’s fees but no party shall be entitled to punitive damages hereunder.
Notwithstanding the foregoing, the parties shall be entitled to seek injunctive relief, security or other equitable remedies from any federal court in New York, New York or any other court of competent jurisdiction in furtherance of the arbitration
proceedings. 
 20. Governing Law/Jurisdiction. This Agreement and any disputes or controversies arising hereunder shall
be construed and enforced in accordance with and governed by the laws of the State of New York other than principles of law that would apply the law of another jurisdiction. The parties agree that this Agreement was made and entered into in the
State of New York and, subject to Section 19, each party hereby consents to the jurisdiction of any competent federal or state court within New York, New York to hear any dispute arising out of this Agreement. 

21. Amendment and Waiver. The provisions of this Agreement may be amended or waived only with the prior written consent of the
Company (as approved by the Board) and Executive, and no course of conduct or course of dealing or failure or delay by any party hereto in enforcing or exercising any of the provisions of this Agreement (including, without limitation, the
Company’s right to terminate Executive’s employment for Cause) shall affect the validity, binding effect or enforceability of this Agreement or be deemed to be an implied waiver of any provision of this Agreement. 

  
 10 

 22. Headings. The Section headings herein are for reference purposes only and are not
intended in any way to describe, interpret, define or limit the extent or intent of the Agreement or of any part hereof. 

*    *    *    *    * 

  
 11 

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

			
	INTERMEDIA OUTDOORS, INC.
		
	By:	 	/s/ Leo Hindery, Jr.
		 	Name: Leo Hindery, Jr.
		 	Title: Authorized Signatory

  

			
		
		 	/s/ JEFFREY PARO
		 	JEFFREY PARO

  
 12 

 FIRST AMENDMENT TO EMPLOYMENT AGREEMENT 

THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (“Extension”), dated as of January 31, 2010, by and between INTERMEDIA
OUTDOORS, INC. (the “Company”) and JEFFREY PARO (the “Executive”). 
 W I T N E S S E T
H: 
 WHEREAS, the parties entered into that certain Executive Employment Agreement dated as of January 31, 2007
(the “Employment Agreement”) (all terms not otherwise defined herein have the meanings given in the Employment Agreement); and 
 WHEREAS, the parties desire to amend the Employment Agreement as provided herein. 

NOW, THEREFORE, in consideration of the foregoing and the mutual promises, representations and undertakings of the parties set forth
herein, the adequacy and sufficiency of which are hereby acknowledged, the parties hereto agree as follows. 
 1. Term.
The first sentence of Section 2 is amended by deleting the date “January 31, 2010” and inserting in lieu thereof the date “January 31, 2011”. 
 2. Base Salary. The Base Salary for the year commencing January 1, 2010 shall be deemed to be Three Hundred Seventy-Three Thousand Two Hundred Eighty-Six Dollars ($373,286), and any increases
otherwise referred to in Section 3(a) for such year shall be deemed waived. 
 3. Bonus. The provisions in
Section 3(b) are amended by deleting the text thereof and inserting in lieu thereof the following: 
 “The Board may
establish an executive incentive compensation plan on such terms and conditions as the Board determines in its sole discretion.” 
 4. Non-Compete Period. Section 7b shall be amended by deleting the period and adding at the end thereof, the following language: 

“and, in such event, the Non-Compete Period applicable to Section 7(a)(ii) shall be three (3) months following the end of
the Term.” 
 5. Acknowledgment. The Company and Executive each acknowledge and agree that except as amended, the
provisions of the Agreement shall remain in full force and effect and the Agreement, as amended hereby, is a binding obligation of each of the parties. The Agreement, as amended hereby, may not be contradicted by evidence of prior, contemporaneous
or subsequent oral agreements of the parties, and there are no unwritten oral agreements between the parties. No modification, rescission, waiver, release or amendment of any provision of the Agreement or this Amendment shall be made, except by a
written agreement signed by the Company and Executive. 

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

			
	INTERMEDIA OUTDOORS, INC.
		
	By:	 	/s/ David Koff
		 	David Koff, Director
		
	By:	 	/s/ JEFFREY PARO
		 	JEFFREY PARO

 SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 

THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (“Extension”), dated as of January 31, 2011, by and between INTERMEDIA
OUTDOORS, INC. (the “Company”) and JEFFREY PARO (the “Executive”). 

W I T N E S S E T H: 

WHEREAS, the parties entered into that certain Executive Employment Agreement dated as of January 31, 2007, as amended by that certain
First Amendment to Employment Agreement dated as of January 31, 2010 (the “Employment Agreement”) (all terms not otherwise defined herein have the meanings given in the Employment Agreement); and 

WHEREAS, the parties desire to amend the Employment Agreement as provided herein. 

NOW, THEREFORE, in consideration of the foregoing and the mutual promises, representations and undertakings of the parties set forth
herein, the adequacy and sufficiency of which are hereby acknowledged, the parties hereto agree as follows. 
 1. Term.
The first sentence of Section 2 is amended by deleting the date “January 31, 2011” and inserting in lieu thereof the date “January 31, 2012”. 
 2. Base Salary. The Base Salary for the year commencing January 1, 2010 shall be deemed to be Three Hundred Ninety One Thousand Nine Hundred Fifty Dollars ($391,950), and any increases otherwise
referred to in Section 3(a) for such year shall be deemed waived. 
 3. Acknowledgment. The Company and Executive each
acknowledge and agree that except as amended, the provisions of the Employment Agreement shall remain in full force and effect and the Employment Agreement, as amended hereby, is a binding obligation of each of the parties. The Employment Agreement,
as amended hereby, may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties, and there are no unwritten oral agreements between the parties. No modification, rescission, waiver, release or amendment
of any provision of the Employment Agreement or this Extension shall be made, except by a written agreement signed by the Company and Executive. 
 IN WITNESS WHEREOF, the parties have hereunto executed this Extension as of the day and year first above written. 

INTERMEDIA OUTDOORS, INC. 

By: /s/ Peter
Kern                         
        Peter Kern, Director 

By: /s/ Jeffrey
Paro                 

       JEFFREY PARO 

 THIRD AMENDMENT TO EMPLOYMENT AGREEMENT 

THIS THIRD AMENDMENT TO EMPLOYMENT AGREEMENT (“Extension”), dated as of January 31, 2012, by and between INTERMEDIA
OUTDOORS, INC. (the “Company”) and JEFFREY PARO (the “Executive”). 
 W I T N E S S E T
H: 
 WHEREAS, the parties entered into that certain Executive Employment Agreement dated as of January 31, 2007,
as amended by that certain First Amendment to Employment Agreement dated as of January 31, 2010 and Second Amendment to Employment Agreement dated as of January 31, 2011 (the “Employment Agreement”) (all terms not
otherwise defined herein have the meanings given in the Employment Agreement); and 
 WHEREAS, the parties desire to amend the
Employment Agreement as provided herein. 
 NOW, THEREFORE, in consideration of the foregoing and the mutual promises,
representations and undertakings of the parties set forth herein, the adequacy and sufficiency of which are hereby acknowledged, the parties hereto agree as follows. 
 1. Term. The first sentence of Section 2 is amended by deleting the date “January 31, 2012” and inserting in lieu thereof the date “January 31, 2013”. 

2. Base Salary. The Base Salary for the year commencing January 1, 2010 shall be deemed to be Three Hundred Seventy-Three
Thousand Two Hundred Eighty-Six Dollars ($391,950), and any increases otherwise referred to in Section 3(a) for such year and thereafter shall be deemed waived. 
 3. Acknowledgment. The Company and Executive each acknowledge and agree that except as amended, the provisions of the Employment Agreement shall remain in full force and effect and the Employment
Agreement, as amended hereby, is a binding obligation of each of the parties. The Employment Agreement, as amended hereby, may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties, and there are no
unwritten oral agreements between the parties. No modification, rescission, waiver, release or amendment of any provision of the Employment Agreement or this Extension shall be made, except by a written agreement signed by the Company and Executive.

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

  

			
	INTERMEDIA OUTDOORS, INC.
		
	By:	 	/s/ Peter Kern
		 	Peter Kern, Director
		
	By:	 	/s/ JEFFREY PARO
		 	JEFFREY PARO

 EXECUTION COPY 
 November 14, 2012 
 Jeffrey Paro 
 InterMedia Outdoors, Inc. 
 512 Seventh Avenue 

New York, NY 10018 
 Re:
Modification to Employment Agreement 
 Dear Jeffrey: 
 As you know, InterMedia Outdoor Holdings, Inc., a Delaware corporation (“Parent”), Outdoor Merger Sub, LLC, a Delaware limited liability company and an indirect wholly-owned Subsidiary of
Parent (“IM Merger Sub”), Outdoor Merger Corp., a Delaware corporation and an indirect wholly-owned Subsidiary of Parent, Outdoor Channel Holdings, Inc., a Delaware corporation, and InterMedia Outdoors Holdings, LLC, a Delaware
limited liability company (“IMOH LLC”), intend to enter an Agreement and Plan of Merger, dated as of the date hereof (the “Merger Agreement”), pursuant to which, among other things, IM Merger Sub will merge with and
into IMOH LLC, and IMOH LLC will become a wholly owned subsidiary of Parent (the “Merger”). 
 This letter
agreement (“Agreement”) serves to supplement and clarify your Executive Employment Agreement with InterMedia Outdoors, Inc. (the “Company”), dated as of January 31, 2007, as amended by that certain First
Amendment to Employment Agreement dated as of January 31, 2010, that certain Second Amendment to Employment Agreement dated as of January 31, 2011 and that certain Third Amendment to Employment Agreement dated as of January 31, 2012
(the “Employment Agreement”), to become effective upon the consummation of the Merger. Capitalized terms used in this Agreement and not otherwise defined shall have the respective meanings assigned to them in the Employment
Agreement. 
 Accordingly, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Parent, the
Company and you hereby agree as follows, subject to and effective upon the consummation of the Merger: 
 1. Term. The
first sentence of Section 2 of the Employment Agreement is amended by deleting the date “January 31, 2013” and inserting in lieu thereof the date “January 31, 2014”. In addition, the Employment Agreement shall automatically
renew for additional one year periods on the same terms and conditions unless either you or Parent delivers written notice of an election not to renew the Employment Agreement at least 90 days prior to the last day of the then-current Term.

 2. Position; Reporting. Immediately following the consummation of the Merger, your title at Parent will be President,
Publishing, Integrated Media and Branded Content, and your title at the Company will be Chief Executive Officer, in each case reporting directly to the Chief Executive Officer of Parent. In addition, you acknowledge that you shall cease to be a
member of the Board of Directors of the Company. 

 3. Base Salary; Target Bonus. Immediately following the consummation of the Merger,
(i) your Base Salary shall be deemed to be Four-Hundred Thousand Dollars ($400,000) and any increase otherwise referred to in Section 3(a) of the Employment Agreement shall be deemed waived and (ii) your target annual bonus (subject
to meeting applicable performance criteria and such other terms and conditions of the bonus plan as established by Parent) shall be 50% of your Base Salary. 
 4. Revised Severance Provisions. 
 (a) Clause (A) of the first
sentence of Section 4(b)(i) of the Employment Agreement is hereby amended to read as follows: “(A) receive the then current Base Salary payable in regular installments pursuant to the Company’s normal payroll practices, for a period
of time equal to the longer of the remainder of the then current Term and three (3) months following the Termination Date (the “Severance Period”)” . 

(b) Section 4(b)(ii) of the Employment Agreement is hereby amended to provide that (i) clause (A) of the first sentence
thereof shall no longer apply and (ii) the last sentence thereof is deleted. 
 (c) Section 4(b)(iii) of the
Employment Agreement is hereby amended by deleting the phrase: “(or, if Section 4(b)(ii) applies, the 3-month period specified therein)”. 
 5. Post-Merger Equity Grant. As soon as practicable following the consummation of the Merger, you will be granted (i) options to acquire 350,000 shares of Parent common stock
(“Options”), and (ii) 35,000 Parent restricted stock units (“RSUs”), in each case under Parent’s equity incentive plan (the “Parent Equity Plan”) to be established following the date
hereof and effective upon the consummation of the Merger. The Options will have an exercise price per share equal to the fair market value of a share of Parent common stock on the date of grant. 

Subject to your continued employment on each applicable vesting date below, the Options and RSUs shall vest on the vesting dates shown in
the chart below, and shall otherwise be subject to the terms of the Parent Equity Plan: 
  

					
	 Vesting Date
	  	 Cumulative Options Vested
	  	 Cumulative RSUs Vested

	 3-month anniversary of Merger
	  	29,166	  	2,916
	 6-month anniversary of Merger
	  	58,333	  	5,833
	 9-month anniversary of Merger
	  	87,500	  	8,750
	 1-year anniversary of Merger
	  	116,666	  	11,666
	 2-year anniversary of Merger
	  	233,333	  	23,333
	 3-year anniversary of Merger
	  	350,000	  	35,000

 Except as provided below, no Options or RSUs shall vest on any date other than the vesting dates
specified above. Any Options or RSUs that are not vested at the time of termination of your employment shall be forfeited; provided, that if your employment is terminated following the 1-year anniversary of the Merger (i) by the Company other
than for Cause, and other than due to death or disability, or (ii) by you for Good Reason, then you will be immediately vested on a cumulative basis as of the date of termination of your employment in the Applicable Percentage of Options and
the Applicable Percentage of RSUs. For purposes of this Agreement, the “Applicable Percentage” means the quotient obtained by dividing the number of days continuously employed with the Company from the consummation of the Merger
through and including the date of termination of employment, by 1,095. For illustrative purposes only, if your employment were terminated by the Company other than for Cause on the 18-month anniversary of the Merger, you would vest in an additional
58,334 Options (175,000 minus 116,666), and an additional 5,834 RSUs (17,500 minus 11,666) on the date of termination of your employment, and the remaining 175,000 unvested Options and 17,500 unvested RSUs would be forfeited. 

  
 2 

 6. No Good Reason. You acknowledge and agree that you shall not have Good Reason to
terminate your employment as a result of (i) the consummation of the Merger or the other transactions contemplated by the Merger Agreement, and/or (ii) the change in your position, duties and responsibilities and reporting relationships as
set forth above arising from the foregoing. 
 7. Treatment of Equity and Incentive Compensation. You acknowledge and
agree that (i) your Class E Units in IMOH shall be converted into a number of shares of Parent common stock as set forth in the Merger Agreement, and such shares of Parent common stock shall be issued to you without restriction on transfer,
subject to applicable securities laws and (ii) no amounts shall be payable to you in respect of your interest in IMOH’s Executive Sale Bonus Plan, which shall terminate upon the consummation of the Merger. 

8. Section 409A. The Employment Agreement is further amended by adding the following language as a new Section 23
thereof: 
 “Section 23. Section 409A of the Code. 

(a) For purposes of this Agreement, “Section 409A” means Section 409A of the Code, and the Treasury Regulations
promulgated thereunder (and such other Treasury or Internal Revenue Service guidance) as in effect from time to time. The parties intend that any amounts payable hereunder that could constitute “deferred compensation” within the meaning of
Section 409A will be compliant with Section 409A or exempt from Section 409A. 
 (b) Notwithstanding anything in
this Agreement to the contrary, the following special rule shall apply, if and to the extent required by Section 409A, in the event that (i) Executive is deemed to be a “specified employee” within the meaning of
Section 409A(a)(2)(B)(i), (ii) amounts or benefits under this Agreement or any other program, plan or arrangement of the Company or a controlled group affiliate thereof are due or payable on account of “separation from service”
within the meaning of Treasury Regulations Section 1.409A-1(h) and (iii) Executive is employed by a public company or a controlled group affiliate thereof: no payments hereunder that are “deferred compensation” subject to
Section 409A shall be made to Executive prior to the date that is six (6) months after the date of Executive’s separation from service or, if earlier, Executive’s date of death; following any applicable six (6) month delay,
all such delayed payments will be paid in a single lump sum on the earliest permissible payment date. 
 (c) Any payment or
benefit due upon a termination of Executive’s employment that represents a “deferral of compensation” within the meaning of Section 409A shall commence to be paid or provided to Executive 61 days following a “separation from
service” as defined in Treas. Reg. § 1.409A-1(h), provided that Executive executes, if required by Section 4(b)(iii), the release described therein, within 60 days following his “separation from service.” Each payment made
under this Agreement (including each separate installment payment in the case of a series of installment payments) shall be deemed to be a separate payment for purposes of Section 409A. Amounts payable under this Agreement shall be deemed not
to be a “deferral of compensation” subject to Section 409A to the extent provided in the exceptions in Treasury Regulation §§ 1.409A-1(b)(4) (“short-term deferrals”) and (b)(9) (“separation pay plans,”
including the exception under subparagraph (iii)) and other applicable provisions of Section 409A. For purposes of this Agreement, with respect to payments of any amounts that are considered to be “deferred compensation” subject to
Section 409A, references to “termination of employment”, “termination”, or words and phrases of similar import, shall be deemed to refer to Executive’s “separation from service” as defined in
Section 409A, and shall be interpreted and applied in a manner that is consistent with the requirements of Section 409A. 

  
 3 

 (d) Notwithstanding anything to the contrary in this Agreement, any payment or benefit
under this Agreement or otherwise that is eligible for exemption from Section 409A pursuant to Treasury Regulation § 1.409A-1(b)(9)(v)(A) or (C) (relating to certain reimbursements and in-kind benefits) shall be paid or provided to
Executive only to the extent that the expenses are not incurred, or the benefits are not provided, beyond the last day of the second calendar year following the calendar year in which Executive’s “separation from service” occurs; and
provided further that such expenses are reimbursed no later than the last day of the third calendar year following the calendar year in which Executive’s “separation from service” occurs. To the extent any indemnification
payment, expense reimbursement, or the provision of any in-kind benefit is determined to be subject to Section 409A (and not exempt pursuant to the prior sentence or otherwise), the amount of any such indemnification payment or expenses
eligible for reimbursement, or the provision of any in-kind benefit, in one calendar year shall not affect the indemnification payment or provision of in-kind benefits or expenses eligible for reimbursement in any other calendar year (except for any
life-time or other aggregate limitation applicable to medical expenses), and in no event shall any indemnification payment or expenses be reimbursed after the last day of the calendar year following the calendar year in which Executive incurred such
indemnification payment or expenses, and in no event shall any right to indemnification payment or reimbursement or the provision of any in-kind benefit be subject to liquidation or exchange for another benefit.” 

9. Assignment to Parent. Effective upon the consummation of the Merger, Parent shall become a party to the Employment Agreement as
amended hereby. In addition, references throughout the Employment Agreement to “the Company” shall be deemed to refer also to Parent in light of your performance of services for Parent and the Company, including specifically Sections 5, 6,
7, 8 and 11, and such other provisions except to the extent the context would clearly require otherwise. 
 The Company, Parent
and you each acknowledge and agree that except as amended hereby, the provisions of the Employment Agreement shall remain in full force and effect and the Employment Agreement, as amended hereby, may not be contradicted by evidence of prior,
contemporaneous or subsequent oral agreements of the parties, and there are no unwritten oral agreements between the parties. No modification, rescission, waiver, release or amendment of any provision of the Employment Agreement or this Agreement
shall be made, except by a written agreement signed by the Company, Parent and you. This Agreement and any disputes or controversies arising hereunder shall be construed and enforced in accordance with and governed by the laws of the State of New
York other than principles of law that would apply the law of another jurisdiction. The parties agree that this Agreement was made and entered into in the State of New York and, subject to the provisions of Section 19 of the Employment
Agreement (“Arbitration”) which shall control, each party hereby consents to the jurisdiction of any competent federal or state court within New York, New York to hear any dispute arising out of this Agreement. This Agreement may be signed
in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
 This Agreement will automatically terminate without any action on the part of any person or entity and be void ab initio if the Merger Agreement is terminated in accordance with its terms, and neither the
Company, Parent nor any other person or entity shall have any liability to you under this Agreement if the Merger is not consummated. 
 [Remainder of Page Intentionally Left Blank] 

  
 4 

 IN WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto as of the
date first written above. 
  

			
	INTERMEDIA OUTDOORS, INC.
		
	By:	 	/S/    PETER KERN
	Name: Peter Kern
	 Title: Director

  

			
	 INTERMEDIA OUTDOOR HOLDINGS, INC.

		
	By:	 	/S/    INTERMEDIA OUTDOOR HOLDINGS,
INC.
	 Name:

	 Title:

  

			
		 	/S/    JEFFREY PARO
	 JEFFREY PARO

 Signature Page to Amendment of Paro Employment AgreementEmployment Agreement, dated as of May 5, 2010

 Exhibit 10.2 
 May 5, 2010 
 Mr. Gavin Harvey 
 52 Woods End Drive 
 Wilton, Connecticut 06897 

Dear Gavin, 
 The Sportsman
Channel, Inc. (“Sportsman” or the “Company”), a Delaware corporation, agrees to employ you, and you agree to accept employment, upon the terms and conditions set forth in this agreement (this
“Agreement”). 
 1. Term. 
 The initial term of this Agreement will commence on the earlier of July             , 2010 and the date that is approximately two
(2) weeks after the date that your employment with your current employer is terminated (the “Commencement Date”), and will continue through December 31, 2012 (the “Initial Term”), unless
earlier terminated in accordance with Paragraph 5 below. Thereafter, this Agreement shall automatically renew for additional one (1) year periods (each a “Renewal Period”) on the same terms and conditions set forth
herein unless either party delivers written notice (an “Expiration Notice”) of his/its election to terminate your employment (which Expiration Notice may be delivered during the Initial Term, in which case your employment
will terminate on the last day of the Initial Term) at least ninety (90) days prior to the date on which the Term is then scheduled to end (the “Expiration Date”). As used herein “Term” shall mean
any period from the Commencement Date through the first to occur of (i) the date your employment is terminated by you or the Company pursuant to Paragraph 5 below, or (ii) the Expiration Date. You acknowledge and agree that the Company has
every right to deliver an Expiration Notice during the Initial Term or during any Renewal Period and that no promises or understandings to the contrary have been made or reached. 
 2. Duties. 
 You agree to be employed by and perform services for the
Company under the terms and conditions of this Agreement. You agree to devote all of your business time, attention and skills exclusively to the performance of all your duties and responsibilities, and during the Term you will provide your services
exclusively to the Company, provided that nothing contained herein shall be deemed to restrict you from engaging in charitable, civic or community activities or from overseeing and directing your personal, financial and legal affairs. Your title
will be Chief Executive Officer of the Company, you will report directly to, and shall be subject to the control and direction of, the Board of Directors (the “Board”) of InterMedia Outdoor Holdings, LLC, the parent entity of
the Company (“IMOH”), and you will perform those services that are reasonably assigned to you and are commensurate 

 
with your position. You agree that during the Term you will perform such duties pursuant to the highest standards of competence, skill, integrity and efficiency, and subject to the Company’s
reasonable direction and control. Your principal place of business during the Term will be in the Borough of Manhattan, provided that it is acknowledged that the performance of your duties will necessitate a reasonable amount of business travel.

 3. Compensation and Related Matters. 
 (a) Base Salary. For all services rendered during the Term, the Company will pay you a base salary (“Base Salary”) at an annual rate of Four Hundred Thousand and 00/100
Dollars ($400,000.00), less normal payroll deductions and withholdings required or authorized by law, and payable bi-weekly in accordance with the Company’s applicable payroll practices. 

(b) Performance Bonus. In addition to the Base Salary, during the Term you shall be eligible to participate in an annual, cash
bonus plan. The target for such Performance Bonus shall be fifty percent (50%) of your Base Salary for each calendar year, and shall be based upon achievement of performance goals established by the Board in its sole discretion, following
consultation with you, and as may be amended from time to time as business needs, strategies and goals demand. Such performance goals shall be furnished to you prior to the beginning of each calendar year during the Term. For the calendar year 2010,
your Performance Bonus shall not be less than Fifty Thousand and 00/100 Dollars ($50,000). Thereafter, your Performance Bonus shall not be less than twenty-five percent (25%) nor more than seventy-five percent (75%) of your Base Salary for
each calendar year. Any Performance Bonus earned and payable for a calendar year shall be payable in the first quarter of the next succeeding calendar year at the same time that other executive management personnel bonuses are paid. 

(c) Equity. As soon as practical after full-execution of this Agreement, you will be issued 6,345,706 Class E Common Units of IMOH
pursuant to a Class E Common Unit Award substantially in the form of Exhibit A attached hereto (the “Class E Award”). 
 (d) Withholdigs/Deductions. All payments to you hereunder are subject to deductions and withholdings required or authorized by law. You acknowledge and agree that the Company is entitled to deduct
from monies payable and reimbursable to you by the Company, all sums that you owe the Company or any of its business entities at any time. 

  
 2 

 4. Benefits and Business Expenses. 

(a) Benefits. During the Term, you will be entitled to participate in the benefit plans generally made available to other senior
most executive management personnel of the Company so long as the Company provides such plans and programs and subject to their respective terms and conditions. 
 (b) Vacation. During the Term, you shall be eligible to earn and accrue four (4) weeks of annual vacation during each calendar year. Such vacation may be taken from time to time, but so not to
be scheduled in a manner that would materially interfere with your duties and responsibilities under this Agreement. 
 (c)
Expense Reimbursements. During the Term, the Company will reimburse you for your reasonable, necessary, and approved business expenses in accordance with its then-prevailing policy and procedures. 

(d) Travel. You shall be entitled to travel and hotel accommodations in connection with all travel on behalf of the Company in
accordance with the then-current Company travel policy. 
 5. Rights and Obligations Upon Termination and Other Events.

 (a) Termination for Cause. The Company may terminate your employment and this Agreement “for
Cause,” in which case you will be entitled to payment of any accrued but unpaid Base Salary due to you through the date of termination (payable no later than thirty (30) days after such termination), any accrued but unpaid vacation
to the extent required by law or in accordance with Company policies, any unreimbursed business expenses (payable as provided in Paragraph 4(c) above) and other unpaid amounts, if any, then due to you under Company benefit plans or programs (which
shall be payable as provided by the terms and conditions of such plans or programs). For purposes of this Agreement, “Cause” shall mean: 
 (i) your material and continual failure or willful refusal to perform your duties or other material breach of the terms of this Agreement, other than as a direct result of a Disability (as defined
herein); 
 (ii) your willful misconduct, including, but not limited to, fraud, embezzlement, misappropriation of funds or
property of the Company, breach of fiduciary duty or loyalty to the Company, or other willful misconduct that is materially injurious to the Company, monetarily or otherwise; 

  
 3 

 (iii) your willful and intentional failure to comply with Company policies, as such policies
may be amended from time to time, including, without limitation, those related to standards of conduct, integrity, discrimination or harassment, conflict of interest, and/or legal compliance; 

(iv) your malfeasance, dishonesty or bad faith in the performance of your duties; and/or 

(v) your commission of any act or involvement in any situation or occurrence (including, but not limited to, a guilty plea, conviction of,
or plea of nolo contendere to, a felony (expressly excluding offenses related to the operation of a motor vehicle) or crime involving moral turpitude), whether before or during the Term, which brings you into widespread public disrepute, contempt,
scandal or ridicule, or which justifiably shocks, insults or offends a significant portion of the community, or your being subject to publicity for any such conduct or involvement in such conduct. 

Prior to any termination for Cause, the Company will provide you with written notice setting forth in reasonable detail the reasons that Cause exists, in
which case you will have an opportunity to cure, provided a cure is reasonably possible and timely effected and is not a matter that was the general subject matter of an earlier cure notice given to you. It is expressly understood that the
Company’s ability to terminate for Cause is not an exclusive remedy, and further that nothing in this Agreement prevents the Company from obtaining any and all appropriate remedies for any injury that arises out of or is related to any breach
of this Agreement by you. 
 (b) Services No Longer Required/ Payment-Only Obligation. Nothing in this Agreement or
otherwise shall obligate the Company to utilize your services. The Company may elect to no longer require your services during the Term upon written notice to you. In so doing, the Company satisfies its obligations under this Agreement by providing
you with the severance payments and other benefits set forth in Paragraph 5(f) below. Under such circumstances, the Company’s rights hereunder will continue in full force and effect. 

(c) “Good Reason” Resignation. You may terminate your employment and this Agreement voluntarily for “Good
Reason” (as defined only herein). “Good Reason” will mean only, and without your prior written consent: (i) a reduction in Base Salary; (ii) an adverse change in title or reporting relationship to one that
conveys significantly less responsibility and/or lower status; (iii) a material diminution in duties, responsibilities or authority; (iv) the failure of the Company to pay, when or if due, any compensation contemplated under this
Agreement; and/or (v) the relocation of your principal place of business outside the Borough of Manhattan. 

  
 4 

 If, without your prior written consent, any of the foregoing Good Reason event(s) occur, you shall provide
the Company with written notice of such Good Reason, in which you specifically delineate the circumstances upon which you claim the occurrence of a Good Reason event and your intention to terminate your employment if such event is not remedied. The
Company shall then have thirty (30) days after said written notice to remedy the alleged event; provided that if the specified event cannot reasonably be remedied within said thirty (30) day period and the Company commences reasonable
steps within said thirty (30) day period to remedy said event and diligently continues such steps thereafter until a remedy is effected, such event will not constitute “Good Reason.” If there remains a Good Reason for termination and
reasonable steps to remedy within the thirty (30) day period are not taken by Company, you may then terminate your employment and this Agreement immediately upon written notice to the Company, whereupon you shall be entitled to receive the
severance payments and other benefits set forth in Paragraph 5(f) below, subject to the same limitations and conditions set forth herein. 
 (d) Inability to Provide Services by reason of Disability. “Disability” means any illness or other physical or mental disability or incapacity which, after making such
reasonable accommodations as can be made, substantially prevents you from performing your duties hereunder. In the event that you become Disabled at any time during the Term for a period of thirty (30) days or more, upon written notice to you
given at any time after the expiration of such 30-day period, the Company will have the right to suspend its contractual obligation to pay your Base Salary during the period from the date of such notice until the date that you resume performing your
duties hereunder. In addition, in the event that your Disability continues during any period of one hundred twenty (120) consecutive days or for one hundred twenty (120) days during any period of one hundred eight (180) consecutive
days, the Company may terminate your employment and this Agreement by giving written notice to you not later than thirty (30) days after the expiration of any such 120-day or 180-day period, as applicable. In the event of a termination of your
employment and this Agreement pursuant to this Paragraph 5(d), the Company satisfies its obligations under this Agreement by providing you with the severance payments and other benefits set forth in Paragraph 5(f) below. Under such circumstances,
the Company’s rights hereunder will continue in full force and effect. All of the Company’s rights pursuant to this Paragraph 5(d) shall be subject to state and federal laws governing disabilities and leaves of absence as well as the
Company’s applicable policies, to the extent applicable to your position as an executive of the Company. 
 (e)
Death. If you die while employed under this Agreement, your estate or legal representative will be paid: (i) any accrued but unpaid Base Salary due to you through your date of death; (ii) any accrued but unpaid vacation, to the
extent required by law or in accordance with Company policies; (iii) other unpaid amounts then due under express terms of the applicable Company benefit plans or programs and benefits payable due to your death under Company employee benefit
plans or programs; (iv) any unreimbursed business expenses (payable as provided in Paragraph 4(c) above); and (v) a pro rata portion of your Performance Bonus pursuant to Paragraph 3(b) above for the calendar year in which your death
occurs. 

  
 5 

 (f) Severance. 

(i) Subject to the termination rights set forth above, this Agreement, and both parties’ obligations hereunder, shall expire
without notice upon the Expiration Date. Notwithstanding the termination of this Agreement on the Expiration Date, the Company will pay to you: (1) any accrued but unpaid Base Salary due to you through the Expiration Date (payable in accordance
with the normal payroll practices of the Company); (2) any accrued but unpaid vacation to the extent required by law or in accordance with Company policies; (3) any unreimbursed business expenses (payable as provided in Paragraph 4(c)
above); (4) any other unpaid amounts, if any, then due to you under Company benefit plans or programs (which shall be payable as provided by the terms and conditions of such plans or programs); and (5) the full amount of your Performance
Bonus for the calendar year in which the termination of this Agreement occurs (i.e., if the Expiration Date is December 31, 2014, you will be entitled to the full amount of your Performance Bonus, if any, for the 2014 calendar year), with such
amount to be payable when otherwise due pursuant to Paragraph 3(b) above. 
 (ii) If, either (x) you properly effectuate
your Good Reason termination rights under Paragraph 5(c) above, or (y) the Company exercises its Services No Longer Required termination rights under Paragraph 5(b) above or otherwise terminates you without Cause, then in either such event you
shall receive: (1) for the period of time equal to the longer of the remainder of the Initial Term or the then current Renewal Period, as the case may be, and three (3) months from the date of termination, (x) continued payment of
your Base Salary as such remaining Base Salary payments become due in accordance with normal payroll practices, and (y) benefits, including medical insurance coverage, as provided under Paragraph 4(a) above, subject to the terms and conditions
of such benefit plans; (2) any accrued but unpaid vacation to the extent required by law or in accordance with Company policies; (3) any unreimbursed business expenses (payable as provided in Paragraph 4(c) above); (4) any other
unpaid amounts, if any, then due to you under Company benefit plans or programs (which shall be payable as provided by the terms and conditions of such plans or programs); and (5) a pro rata portion of your Performance Bonus pursuant to
Paragraph 3(b) above for the calendar year in which such termination occurs. In addition, vesting of the Class E Common Units issued to you pursuant to the Class E Award will accelerate and vest through the end of the Initial Term or the then
current Renewal Period, as the case may be, to the same extent as if this Agreement not been terminated until the end of the Initial Term or the then current Renewal Period, as the case may be. 

  
 6 

 (iii) If the Company exercises its termination rights under Paragraph 5(d) above as a
result of your Disability, then in such event you shall receive: (1) any accrued but unpaid Base Salary due to you through the date of termination (payable in accordance with the normal payroll practices of the Company); (2) any accrued
but unpaid vacation to the extent required by law or in accordance with Company policies; (3) any unreimbursed business expenses (payable as provided in Paragraph 4(c) above); (4) any other unpaid amounts, if any, then due to you under
Company benefit plans or programs (which shall be payable as provided by the terms and conditions of such plans or programs); and (5) a pro rata portion of your Performance Bonus pursuant to Paragraph 3(b) above for the calendar year in which
such termination occurs. 
 (iv) The obligations of the Company set forth in this Paragraph 5 shall in all cases be conditioned
on the parties executing a general, mutual release of legal claims and in a form that is satisfactory to Company in its reasonable discretion. The Company, in its sole discretion, may elect to pay the amounts due to you pursuant to this Paragraph 5,
or any portion thereof, as a separate cash payment in addition to all compensation due and owing to you under this Agreement or as continued compensation under this Agreement for a period of time immediately prior to the expiration of this Agreement
during which you will be required to perform no services. 
 (g) Section 409A Special Rules. 

(i) If your termination of employment does not constitute a “separation from service” within the meaning of Section 409A
of the Internal Revenue Code, as amended (“Section 409A”), any payment that would otherwise have been due and payable, or would have commenced to be paid, under this Paragraph 5 in connection with your termination of
employment shall be delayed until such time as you shall incur such a separation from service (and such separation from service shall be treated as though a termination of your employment for purposes of determining when such payments are to be
made); and 
 (ii) If, at the date of your separation from service, you are a “specified employee” within the meaning
of Section 409A, any payment, which constitutes “deferred compensation” under Section 409A and is payable on account of separation from service that would otherwise have been due and payable under this Paragraph 5 within six
(6) months of the date of such separation from service, shall be delayed until the six (6) month anniversary of the date of such separation from service (the “Six Month Delay”). The Six Month Delay shall not apply
to any deferred compensation that is payable at a fixed date (including any applicable guaranteed bonuses, the payment of Base Salary that, as a series of separate payments, is a short-term deferral within the meaning of Section 409A, and any
payment arising on account of your death). 

  
 7 

 6. Covenants. 
 (a) Freedom to Enter Agreement. You represent and warrant that you are free to work for the Company and to enter into this Agreement, and that you are not restricted in any manner from performing
under this Agreement by any prior agreement, commitment, or understanding, contractual or otherwise, with any third party. If you have acquired confidential or proprietary information in the course of your prior employment, you will fully comply
with any duties not to disclose such information then applicable to you during the Term. 
 (b) Confidentiality. You
agree to keep the terms and conditions of this Agreement strictly confidential, and agree not to disclose its terms to any person, other than your spouse, legal and/or financial advisors (with whom you have a comparable confidentiality arrangement),
or unless compelled by law to do so or unless necessary to enforce your rights under this Agreement. 
 You acknowledge and
agree that you will acquire, learn, obtain or develop “Confidential Information” during your employment with the Company. “Confidential Information” means any information of a secret or confidential nature or not
known to the general public, which is received by you during your employment, concerning the Company or its parent or subsidiary companies, ventures, businesses, affiliated entities, suppliers or customers. “Confidential Information” for
the purposes hereof, may further include, but is not limited to, the following: trade secrets, proprietary information, intellectual property knowledge, customer information, customer lists, methods, plans, documents, records, data, drawings,
manuals, notebooks, reports, models, inventions, formulas, processes, computer software, codes, passwords, information systems, software authorizing techniques, contracts, negotiations, strategic planning (sales, corporate, or otherwise), proposals,
business alliances, training and educational materials, and any information concerning costs and profits, projections, new business ventures, and/or expansion/contraction plans, contacts, personnel, as well as matters of a creative nature,
including, without limitation, matters regarding ideas of a literary, creative, musical, or dramatic nature, or regarding any form of product produced, distributed, or acquired by the Company, or any other proprietary information about the
Company’s business which is not generally known to the public, regardless of whether any such Confidential Information is in oral, written, machine, computer readable, or some other form. When in doubt, you agree to assume the information is
confidential and/or proprietary in nature and not to be divulged. 
 You will hold in a fiduciary capacity, for the benefit of
the Company, all Confidential Information, which you have or may acquire, learn, obtain or develop during your employment with the Company. Accordingly, you acknowledge and agree that you will not, during the Term or at any time thereafter, directly
or indirectly use, communicate or divulge for your own benefit or for the benefit of another person, corporation, entity or 

  
 8 

 
third party, any such Confidential Information other than: (i) for the benefit of the Company and/or its affiliates; (ii) with the express written authorization of the Company;
(iii) as required by law or as ordered by a court of competent jurisdiction; or (iv) with respect to matters that are generally known to the public. You hereby make the same commitments hereunder with respect to the Confidential
Information of those affiliates, entities, customers, contractors, suppliers, and others with whom the Company has a business relationship or to whom the Company or its affiliated entities owe a duty of confidentiality. 

You further agree that you will not publicly discuss the Company in a manner that tends to portray the Company or its parent or
subsidiary companies, ventures, businesses, affiliated entities, officers, directors, employees, or agents in an unfavorable light. 
 (c) Company Property. The results and proceeds of your services or work hereunder, including, without limitation, materials, products, projects, inventions, discoveries, designs and all parts
thereof, and/or works of authorship or works in progress that you create within the scope of your employment or otherwise resulting from your services during your employment with the Company and/or any of the Company’s affiliated entities
(collectively, the “Company Materials”), in addition to any and all copyrights and patents, extensions and renewals thereof under United States and all other laws related to such Company Materials, shall be Company’s
sole and exclusive property, free from any adverse claims. All Company Materials shall be deemed “work made for hire” as defined in Section 101(2) of the United States Copyright Act. The Company will be deemed the sole owner
throughout the universe of any and all rights of whatsoever nature therein, whether or not now or hereafter known, existing, contemplated, recognized or developed, with the right to use the same in perpetuity in any manner the Company determines in
its sole discretion without any further payment to you whatsoever. If, for any reason, any of the Company Materials are deemed not to legally be a work-for-hire and/or there are any rights which do not accrue to the Company hereunder or pursuant to
law, then you hereby irrevocably assign and agree to assign any and all of your rights, titles and interests thereto, including, without limitation, any and all copyrights, patents, trade secrets, trademarks and/or other rights of whatsoever nature
therein, whether or not now or hereafter known, existing, contemplated, recognized or developed, to the Company, and the Company will have the right to use the same in perpetuity throughout the universe in any manner the Company determines without
any further payment to you whatsoever. You will, from time to time, as may be requested and directed by the Company during or subsequent to your employment with the Company (at the Company’s expense, if any), do any and all things which the
Company may deem useful or desirable to assist, establish, protect or document the Company’s exclusive ownership of any and all rights in any Company Materials, including, without limitation, the execution of appropriate copyright and/or patent
applications or assignments. To the extent you have any rights in the Company Materials or results and proceeds of your services that cannot be assigned in the manner described above, you unconditionally and irrevocably waive the enforcement of such
rights. This Paragraph 

  
 9 

 
6(c) is subject to and will not be deemed to limit, restrict, or constitute any waiver by the Company of any rights of ownership to which the Company may be entitled by operation of law by virtue
of the Company being your employer. 
 Your obligations to assign property rights under this Paragraph 6(c) will not apply to
any non-employment based materials, products, projects, inventions, discoveries, or designs and all parts thereof, and/or works of authorship or works in progress (“Non-Company Materials”) for which you can clearly establish
and prove all of the following: (i) the Non-Company Materials were developed entirely on your own time; (ii) the Company’s equipment, supplies, facilities, services, or Confidential Information were not used in the development of the
Non-Company Materials; (iii) the Non-Company Materials do not relate directly to the business of the Company or to the actual or demonstrably anticipated research or development of the Company; and (iv) the Non-Company Materials do not
result directly from any work performed by you for the Company or other persons employed or engaged by the Company. 
 At the
Company’s request, or upon termination of your employment (whether voluntary or involuntary), you agree to immediately return to the Company all Company property, including, but not limited to, computers or computer software, cell phones,
equipment, blackberry or pager devices, beepers, keys, identification badges, and any and all documents, programs and/or materials containing Confidential Information (“Company Property”). Additionally, except for your
personal property and personal files in whatever form (including electronic), you shall return all other records, files, lists, plans, data, reports with non-Confidential Information but otherwise relating to the Company’s business in whatever
form (including electronic) upon the termination of your employment, whether such termination is at your or the Company’s request. When in doubt, you agree to assume that materials or property belong to the Company and/or documents, programs
and/or materials contain Confidential Information, and accordingly shall be returned to the Company immediately upon the termination of your employment. 
 As a material inducement for the Company entering into this Agreement, you shall additionally execute the Company’s Employee Non-Discloser and Invention Assignment Agreement, and its attached
Schedule, in the form attached as Exhibit B. 
 (d) Non-Solicitation. You acknowledge and agree that the
Company has invested substantial time and effort in assembling its present staff of personnel. Accordingly, during the Term and for a period of nine (9) months following the later of: (i) the cessation of your employment with the Company;
or (ii) the period of any money payments made to you under this Agreement, you will not directly or indirectly solicit, induce or attempt to solicit or induce any employee (with the exception of your personal administrative assistant/secretary,
if any), exclusive consultants, exclusive contractors or exclusive representatives of the Company (or those of any of its affiliated entities) to leave employment, or otherwise stop working for, contracting with or representing the Company or any of
its affiliated entities. 

  
 10 

 (e) Exclusivity. You agree that your employment and services shall be exclusive to
the Company. Accordingly, during the Term you will not directly or indirectly render any services to others unless expressly approved, in writing, by an authorized Company representative, and in a manner wholly consistent with the Company’s
policies, including, but not limited to, integrity and/or conflict of interest policies. Under no circumstances, however, may you at any time during the Term be or become (i) interested or engaged in any manner or capacity, directly or
indirectly, either alone or with any person, firm or corporation now existing or hereafter created, in any business which either is or may be competitive with the business of the Company and its affiliated entities or is a customer or supplier of
the Company; or (ii) directly or indirectly, a stockholder, officer, director, agent, consultant or employee of, or in any manner associated with, or aid or abet, or give information or financial assistance to, any such business. The provisions
of this Paragraph 6(e) will not be deemed to prohibit your purchase or ownership, as a passive investment, of not more than one percent (1%) of the outstanding capital stock of any corporation whose stock is publicly traded. 

(f) General. All covenants in this Paragraph 6 shall survive expiration and/or termination of this Agreement, as well as
termination of your employment, in accordance with their terms. You have carefully considered the nature and extent of the restrictions imposed on you pursuant to this Paragraph 6, and hereby acknowledge and agree that, in light of your position
with the Company, employment and/or consideration afforded by the Company, the nature of your services to be provided to the Company and the competitive nature of the Company’s business, the foregoing restrictions are reasonable, are designed
to eliminate competition which would be unfair to the Company, are fully required to protect the legitimate interests of the Company, and do not confer a benefit upon the Company disproportionate to any detriment to you. 

7. Services Unique. 
 You recognize that your services hereunder are of a special, unique, unusual, extraordinary and intellectual character, giving them a peculiar value, the loss of which the Company cannot be reasonably or
adequately compensated for in damages. In the event of an actual, attempted or threatened breach of this Agreement by you or derogation of your obligations hereunder (including, but without limitation, with respect to the provisions hereof relating
to your covenants and/or exclusivity of services), the Company will, in addition to all other remedies available to it, be entitled to seek and obtain equitable relief (without the posting of any bond or security) by way of injunction and any other
legal or equitable remedies. This provision will not be construed as a waiver of the rights which the Company may have for damages under this Agreement or otherwise, and all of the Company’s rights and remedies will be unrestricted. 

  
 11 

 8. Notices. 
 All notices and other communications hereunder will be in writing and will be given by hand delivery to the other party or by registered or certified mail, return receipt requested, postage prepaid,
addressed as follows: 
 If to Executive: 
 At the Executive’s address on record with the Company, with a copy to 
 Berkowitz, Trager & Trager, LLC, 275 Madison Avenue,
36th Floor, 

New York, New York 10016, Attn.: Steven T. Gersh. 
 If to the Company: 
 c/o InterMedia Advisors, LLC 

405 Lexington Avenue, 48th floor 
 New York, NY 10174 
 Attn: General Counsel 

or to such other address as either party will have furnished to the other in writing. Notice and communications will be effective when actually received
by the addressee. 
 9. Assignment. 
 The Company will have the right to assign this Agreement to any successor of the Company, or to a party acquiring the Company, so long as this Agreement is assumed such successor or party, in which case
the Company will be relieved of any obligations hereunder. You acknowledge and agree that all of your covenants and obligations to the Company, as well as the rights of the Company hereunder, will run in favor of and will be enforceable by the
Company, its successors and/or acquiring parties. You are not permitted to assign this Agreement or any of your rights (except the right to receive payment) or responsibilities hereunder. 
 10. Indemnification. 
 The Company shall, to the maximum extent
permitted by law, defend, indemnify, and hold you harmless from and against any and all losses, damages, fees (including reasonable attorneys’ fees), charges and expenses incurred or sustained by you in connection with any allegations,
complaint, action, suit or proceeding against you or to which you may be made a party arising out of, relating to, or by reason of this Agreement, your services for the Company or your being an officer, director, or employee of the Company or of any
subsidiary or affiliated entity of the Company, including serving as a fiduciary; provided 

  
 12 

 
such services were done by you under the Company’s direction, supervision, and control and done in the course of the performance of your duties to the Company under this Agreement, except,
however, the Company’s indemnification obligation shall not apply with respect to matters where you have been grossly negligent, reckless, or have intentionally violated the rights of the Company or of any third party unless at the direction of
the Company, or where you fail to cooperate fully with the Company in the Company’s defense of any claim, demand, or action. The provisions of this Paragraph 10 shall survive the expiration or termination of your employment or of this Agreement
regardless of the reason therefore. You agree to assist and cooperate with the Company, both during the Term and subsequent to the Term, in the defense of any legal action related to your employment. In consideration thereof, the Company agrees to
indemnify you following the termination of your employment to the same extent as you would have been indemnified during your employment. The Company shall have the right to assume the defense and control the disposition of any claim or litigation to
which the Company or any of its directors, officers, or employees is a party or which otherwise would give rise to liability of the Company or any of its directors, officers, or employees or to your right to indemnification under this Paragraph 10,
whether by compromise, settlement, or other resolution, provided that the Company fully acknowledges its indemnification obligation to you hereunder. 
 11. Company Policies. 
 You will abide by and be subject to all
Company policies, as may be amended from time to time, that are applicable to similarly classified employees generally, including, but not limited to, all policies relating to standards of conduct, integrity, discrimination or harassment, conflict
of interest, and/or legal compliance. 
 12. Arbitration. 
 (a) Arbitrable Disputes. You and the Company agree to use final and binding arbitration to resolve any dispute each party may have with the other or any affiliate relating to this Agreement or your
employment with and/or termination from the Company (an “Arbitrable Dispute”). An Arbitrable Dispute includes, without limitation, any dispute about the validity, interpretation, or effect of this Agreement, or alleged
violations of it, and further including, without limitation, any and all claims for compensation, breach of implied contract, tort violations and claims arising out of any alleged discrimination, harassment, or retaliation, including, but not
limited to, those covered by the California Fair Employment and Housing Act (or similar state statute), the 1964 Civil Rights Act, 42 U.S.C. Section 2000e et seq., the Age Discrimination in Employment Act, and the Americans With
Disabilities Act. 

  
 13 

 (b) Exclusive Forum. Arbitration as provided in this Paragraph 12 will be the
exclusive forum for any Arbitrable Dispute. THE PARTIES HEREBY WAIVE ANY RIGHTS THEY MAY HAVE TO TRIAL BY JUDGE OR JURY IN REGARD TO AN ARBITRABLE DISPUTE. Should you or the Company attempt to resolve an Arbitrable Dispute by any method other than
arbitration pursuant to this Paragraph 12 (excluding any initial oral or written settlement negotiations by either party), the responding party will be entitled to recover from the initiating party all damages, expenses, and attorneys’ fees
incurred as a result of that breach. 
 (c) Injunctive Relief. Notwithstanding Paragraphs 12(a) and 12(b) above, due to
the irreparable harm that would result from certain actual or threatened violations of this Agreement, where either party is seeking only injunctive relief (e.g., a temporary restraining order, temporary injunction or permanent injunction), such
party may file suit or bring an application for such injunctive relief in any federal or state court of competent jurisdiction without violating this Agreement and such suit for injunctive relief will not be considered an Arbitrable Dispute.

 (d) The Arbitration. Arbitration will take place in New York County before a single experienced employment arbitrator
licensed to practice law in the State of New York and selected in accordance with the Employment Arbitration Rules and Mediation Procedures of the American Arbitration Association (formerly known as the National Rules for the Resolution of
Employment Disputes). In any such arbitration proceeding, any hearing must be transcribed by a certified court reporter. The arbitrator may not modify, change or disregard any lawful terms of this Agreement in any way or issue an award that is
contrary to the law of the State of New York. At the conclusion of the arbitration, the arbitrator shall issue a written ruling consistent with New York law setting forth the essential findings of fact and conclusions of law on which the arbitration
award is based. The decision of the arbitrator shall be final and binding and enforceable in any court of competent jurisdiction. 
 (e) Fees and Expenses. Each party will pay the fees of their respective attorneys, the expenses of their witnesses and experts, the cost of any record or transcript of the arbitration, and any
other expenses connected with the arbitration that such party might be expected to incur had the dispute been subject to resolution in court. The Company shall pay all costs and expenses of the arbitration that you would not otherwise have incurred
if the dispute had been adjudicated in a court of law, rather than through arbitration; such as the arbitrator’s fees and any arbitration association administrative fees or filing fees in excess of the maximum court filing fee in the
jurisdiction in which the arbitration is commenced. 

  
 14 

 (f) Confidentiality. All proceedings and all documents prepared in connection with
any Arbitrable Dispute shall be confidential and, unless otherwise required by law, the subject matter thereof shall not be disclosed to any person other than the parties to the proceedings, their counsel, witnesses and experts, the arbitrator, and,
if involved, the court and court staff. 
 13. Miscellaneous. 

(a) No provisions of this Agreement may be amended, modified, waived, or discharged except by a written document signed by you and a duly
authorized officer of the Company. A waiver of any conditions or provisions of this Agreement in a given instance will not be deemed a waiver of such conditions or provisions at any other time. The validity, interpretation, construction, and
performance of this Agreement will be governed by the laws of the State of New York without regard to conflicts of law principles. 
 (b) You acknowledge that the Company has advised you to seek and have the services and advice of legal counsel in reviewing and understanding this Agreement prior to execution, and that you have had the
opportunity to obtain such services and advice in reviewing and understanding this Agreement prior to entering into it. You further acknowledge that you fully understand this Agreement and the legal effect thereof. Upon execution and delivery of
this Agreement, the Company will reimburse you for the legal fees incurred by you in connection with the negotiation and preparation of this Agreement in an amount not to exceed Fifteen Thousand Dollars ($15,000). 

14. Reformation and Validity. 
 If any tribunal of competent jurisdiction finds that any provision(s) of this Agreement is/are unenforceable, such tribunal shall reform any such provision(s) so that such provision(s) may be enforced to
the maximum extent possible. If any provision of this Agreement cannot be reformed so as to be enforceable, such provision shall be of no effect. The invalidity or unenforceability of any provisions of this Agreement will not affect the validity or
enforceability of any other provisions of this Agreement, which will remain in full force and effect. 
 15. Interpretation.

 It is the intent of the parties that this Agreement be administered in a manner consistent with, and in compliance with,
Section 409A and the regulations thereunder. Accordingly, this Agreement shall be construed and interpreted, to the maximum extent possible, in a manner consistent with the requirement of such Section 409A. If any amounts payable hereunder
are paid in installments, each installment shall be considered a separate payment. Any provision of this Agreement to the contrary notwithstanding, the Company does not represent, warrant or guarantee that the payments and benefits that

  
 15 

 
may be paid or provided pursuant to you under this Agreement will not be includible in your federal gross income pursuant to Section 409A, nor does the Company make any other representation,
warranty or guarantee to you as to the tax consequences of this Agreement. 
 16. Entire Agreement. 

This Agreement sets forth the entire understanding between you and the Company; all oral or written agreements or representations, express
or implied, with respect to the subject matter of this Agreement are set forth in this Agreement. All prior employment agreements, understandings, and obligations (whether written, oral, express, or implied) between you and the Company, if any, are
terminated as of the date hereof and are superseded by this Agreement. This Agreement may be executed by original or facsimile signatures and in counterparts, each of which shall be deemed an original but all of which together shall constitute a
single instrument. Any signed copy of this Agreement delivered by facsimile transmission shall for all purposes be treated as if it had been delivered containing an original signature of the party whose signature appears in the facsimile and shall
be binding upon that party in the same manner as though an original signed copy had been delivered. 
 Very truly yours, 

 

									
	THE SPORTSMAN CHANNEL, INC.	 		 	
					
	By:	 	/S/ THE SPORTSMAN CHANNEL, INC.	 		 		 	Date: May 5, 2010
		 	Name: The Sportsman Channel, Inc.	 		 		 	
		 	Title:	 		 		 	

  

									
	ACCEPTED AND AGREED:	 		 	
				
	/S/ GAVIN HARVEY	 		 		 	Date: May 5, 2010
		 	Gavin Harvey	 		 		 	

  
 16 

 EXECUTION COPY 
 November 14, 2012 
 Gavin Harvey 
 52 Woods End Drive 
 Wilton, Connecticut 06897 

Re: Modification to Employment Agreement 
 Dear Gavin: 
 As you know, InterMedia Outdoor Holdings, Inc., a Delaware
corporation (“Parent”), Outdoor Merger Sub, LLC, a Delaware limited liability company and an indirect wholly-owned Subsidiary of Parent (“IM Merger Sub”), Outdoor Merger Corp., a Delaware corporation and an indirect
wholly-owned Subsidiary of Parent, Outdoor Channel Holdings, Inc., a Delaware corporation, and InterMedia Outdoors Holdings, LLC, a Delaware limited liability company (“IMOH LLC”), intend to enter an Agreement and Plan of Merger,
dated as of the date hereof (the “Merger Agreement”), pursuant to which, among other things, IM Merger Sub will merge with and into IMOH LLC, and IMOH LLC will become a wholly owned subsidiary of Parent (the
“Merger”). 
 This letter agreement (“Agreement”) serves to supplement and clarify your
employment letter agreement with The Sportsman Channel, Inc. (the “Company”), dated as of May 5, 2010 (the “Employment Agreement”), to become effective upon the consummation of the Merger. Capitalized terms
used in this Agreement and not otherwise defined shall have the respective meanings assigned to them in the Employment Agreement. 
 Accordingly, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Parent, the Company and you hereby agree as follows, subject to and effective upon the consummation
of the Merger: 
 1. Position; Reporting. Immediately following the consummation of the Merger, your title at Parent will
be President, Television Networks, and your title at the Company will be Chief Executive Officer, in each case reporting directly to the Chief Executive Officer of Parent. 
 2. Post-Merger Equity Grant. As soon as practicable following the consummation of the Merger, you will be granted (i) options to acquire 350,000 shares of Parent common stock
(“Options”), and (ii) 35,000 Parent restricted stock units (“RSUs”), in each case under Parent’s equity incentive plan (the “Parent Equity Plan”) to be established following the date
hereof and effective upon the consummation of the Merger. The Options will have an exercise price per share equal to the fair market value of a share of Parent common stock on the date of grant. 

 Subject to your continued employment on each applicable vesting date below, the Options and
RSUs shall vest on the vesting dates shown in the chart below, and shall otherwise be subject to the terms of the Parent Equity Plan: 
  

					
	 Vesting Date
	  	 Cumulative Options Vested
	  	 Cumulative RSUs Vested

	 3-month anniversary of Merger
	  	29,166	  	2,916
	 6-month anniversary of Merger
	  	58,333	  	5,833
	 9-month anniversary of Merger
	  	87,500	  	8,750
	 1-year anniversary of Merger
	  	116,666	  	11,666
	 2-year anniversary of Merger
	  	233,333	  	23,333
	 3-year anniversary of Merger
	  	350,000	  	35,000

 Except as provided below, no Options or RSUs shall vest on any date other than the vesting dates
specified above. Any Options or RSUs that are not vested at the time of termination of your employment shall be forfeited; provided, that if your employment is terminated following the 1-year anniversary of the Merger (i) by the Company other
than for Cause, and other than due to death or disability, or (ii) by you for Good Reason, then you will be immediately vested on a cumulative basis as of the date of termination of your employment in the Applicable Percentage of Options and
the Applicable Percentage of RSUs. For purposes of this Agreement, the “Applicable Percentage” means the quotient obtained by dividing the number of days continuously employed with the Company from the consummation of the Merger
through and including the date of termination of employment, by 1,095. For illustrative purposes only, if your employment were terminated by the Company other than for Cause on the 18-month anniversary of the Merger, you would vest in an additional
58,334 Options (175,000 minus 116,666), and an additional 5,834 RSUs (17,500 minus 11,666) on the date of termination of your employment, and the remaining 175,000 unvested Options and 17,500 unvested RSUs would be forfeited. 

3. No Good Reason. You acknowledge and agree that you shall not have Good Reason to terminate your employment as a result of
(i) the consummation of the Merger or the other transactions contemplated by the Merger Agreement, and/or (ii) the change in your position, duties and responsibilities and reporting relationships as set forth above arising from the
foregoing. 
 4. Treatment of Equity and Incentive Compensation. You acknowledge and agree that all remaining
restrictions on your Class E Units in IMOH shall lapse effective upon the consummation of the Merger, and your Class E Units shall be converted into a number of shares of Parent common stock as set forth in the Merger Agreement, and such shares of
Parent common stock shall be issued to you without restriction on transfer, subject to applicable securities laws. 
 5.
Section 409A. The Employment Agreement is further amended by adding the following new clauses (iii) and (iv) to Section 5(g) thereof: 
 (iii) Any payment or benefit due upon a termination of your employment that represents a “deferral of compensation” within the meaning of Section 409A shall commence to be paid or provided
to you 61 days following a “separation from service” as defined in Treas. Reg. § 1.409A-1(h), provided that you execute, if required by Section 5(f)(iv), the release described therein, within 60 days following his
“separation from service.” Each payment made under this Agreement (including each separate installment payment in the case of a series of installment payments) shall be deemed to be a separate payment for purposes of Section 409A.
Amounts payable under this Agreement shall be deemed not to be a “deferral of compensation” subject to Section 409A to the extent provided in the exceptions in Treasury Regulation §§ 1.409A-1(b)(4) (“short-term
deferrals”) and (b)(9) (“separation pay plans,” including the exception under subparagraph (iii)) and other applicable provisions of Section 409A. For purposes of this Agreement, with respect to payments of any amounts that are
considered to be “deferred compensation” subject to Section 409A, references to “termination of employment”, “termination”, or words and phrases of similar import, shall be deemed to refer to your “separation
from service” as defined in Section 409A, and shall be interpreted and applied in a manner that is consistent with the requirements of Section 409A. 

  
 18 

 (iv) Notwithstanding anything to the contrary in this Agreement, any payment
or benefit under this Agreement or otherwise that is eligible for exemption from Section 409A pursuant to Treasury Regulation § 1.409A-1(b)(9)(v)(A) or (C) (relating to certain reimbursements and in-kind benefits) shall be paid or
provided to you only to the extent that the expenses are not incurred, or the benefits are not provided, beyond the last day of the second calendar year following the calendar year in which your “separation from service” occurs; and
provided further that such expenses are reimbursed no later than the last day of the third calendar year following the calendar year in which your “separation from service” occurs. To the extent any indemnification payment, expense
reimbursement, or the provision of any in-kind benefit is determined to be subject to Section 409A (and not exempt pursuant to the prior sentence or otherwise), the amount of any such indemnification payment or expenses eligible for
reimbursement, or the provision of any in-kind benefit, in one calendar year shall not affect the indemnification payment or provision of in-kind benefits or expenses eligible for reimbursement in any other calendar year (except for any life-time or
other aggregate limitation applicable to medical expenses), and in no event shall any indemnification payment or expenses be reimbursed after the last day of the calendar year following the calendar year in which you incurred such indemnification
payment or expenses, and in no event shall any right to indemnification payment or reimbursement or the provision of any in-kind benefit be subject to liquidation or exchange for another benefit. 

6. Assignment to Parent. Effective upon the consummation of the Merger, Parent shall become a party to the Employment Agreement as
amended hereby. In addition, references throughout the Employment Agreement to “the Company” shall be deemed to refer also to Parent in light of your performance of services for Parent and the Company, including specifically Sections 6, 7
and 11, and such other provisions except to the extent the context would clearly require otherwise. 
 The Company, Parent and
you each acknowledge and agree that except as amended hereby, the provisions of the Employment Agreement shall remain in full force and effect and the Employment Agreement, as amended hereby, may not be contradicted by evidence of prior,
contemporaneous or subsequent oral agreements of the parties, and there are no unwritten oral agreements between the parties. No modification, rescission, waiver, release or amendment of any provision of the Employment Agreement or this Agreement
shall be made, except by a written agreement signed by the Company, Parent and you. This Agreement and any disputes or controversies arising hereunder shall be construed and enforced in accordance with and governed by the laws of the State of New
York other than principles of law that would apply the law of another jurisdiction. The parties agree that this Agreement was made and entered into in the State of New York and, subject to the provisions of Section 12 of the Employment
Agreement (“Arbitration”) which shall control, each party hereby consents to the jurisdiction of any competent federal or state court within New York, New York to hear any dispute arising out of this Agreement. This Agreement may be signed
in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
 This Agreement will automatically terminate without any action on the part of any person or entity and be void ab initio if the Merger Agreement is terminated in accordance with its terms, and neither the
Company, Parent nor any other person or entity shall have any liability to you under this Agreement if the Merger is not consummated. 
 [Remainder of Page Intentionally Left Blank] 

  
 19 

 IN WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto as of the
date first written above. 
  

			
	THE SPORTSMAN CHANNEL, INC.
		
	By:	 	/S/ THE SPORTSMAN CHANNEL, INC.
	Name:
	Title:

  

			
	 INTERMEDIA OUTDOOR HOLDINGS, INC.

		
	By:	 	/S/ INTERMEDIA OUTDOOR HOLDINGS, INC.
	Name:
	Title:

  

			
	/S/ GAVIN HARVEY
	GAVIN HARVEY

 Signature Page to Amendment of Harvey Employment Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00210-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00210-of-00352.parquet"}]]