Document:

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                                                                     EXHIBIT 4.3

                           LIN TELEVISION CORPORATION

                                  $200,000,000

                    6 1/2% Senior Subordinated Notes due 2013

                   EXCHANGE AND REGISTRATION RIGHTS AGREEMENT

                                                                    May 12, 2003

J. P. MORGAN SECURITIES INC.
DEUTSCHE BANK SECURITIES INC.
BEAR, STEARNS & CO. INC.
FLEET SECURITIES, INC.
MORGAN STANLEY & CO. INCORPORATED
SCOTIA CAPITAL (USA) INC.
c/o J.P. Morgan Securities Inc.
270 Park Avenue, 5th Floor
New York, New York 10017

Ladies and Gentlemen:

                  LIN Television Corporation, a Delaware corporation (the
"Company"), proposes to issue and sell to J.P. Morgan Securities Inc., Deutsche
Bank Securities Inc., Bear, Stearns & Co. Inc., Fleet Securities, Inc., Morgan
Stanley & Co. Incorporated, and Scotia Capital (USA) Inc. (together, the
"Initial Purchasers"), upon the terms and subject to the conditions set forth in
a purchase agreement dated May 5, 2003 (the "Purchase Agreement") between the
Company, the Guarantors identified on the signature pages hereto (together with
the Company, the "Issuers") and the Initial Purchasers, $200,000,000 aggregate
principal amount of its 6 1/2% Senior Subordinated Notes due 2013 (the "Notes").
The Notes will be guaranteed on an unsecured senior subordinated basis (the
"Guarantees" and, together with the Notes, the "Securities") by the Guarantors.
Capitalized terms used but not defined herein shall have the meanings given to
such terms in the Purchase Agreement.

                  As an inducement to the Initial Purchasers to enter into the
Purchase Agreement and in satisfaction of a condition to the obligations of the
Initial Purchasers thereunder, the Issuers agree with the Initial Purchasers,
for the benefit of the holders (including the Initial Purchasers) of the
Securities, the Exchange Securities (as defined herein) and the Private Exchange
Securities (as defined herein) (collectively, the "Holders"), as follows:

                  1.       Registered Exchange Offer. The Issuers shall (i) use
their reasonable best efforts to prepare and, not later than 90 days following
the date of original issuance of the Securities (the "Issue Date"), file with
the Commission a registration statement (the "Exchange Offer Registration
Statement") on an appropriate form under the Securities Act

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with respect to a proposed offer to the Holders of the Securities (the
"Registered Exchange Offer") to issue and deliver to such Holders, in exchange
for the Securities, a like aggregate principal amount of debt securities of the
Company that are identical in all material respects to the Notes and are
unconditionally guaranteed by the Guarantors (the "Exchange Securities"), except
that the Exchange Securities will not contain terms with respect to transfer
restrictions, (ii) use their reasonable best efforts to cause the Exchange Offer
Registration Statement to become effective under the Securities Act no later
than 180 days after the Issue Date and the Registered Exchange Offer to be
consummated no later than 225 days after the Issue Date and (iii) keep the
Exchange Offer Registration Statement effective for not less than 30 days (or
longer, if required by applicable law) after the date on which notice of the
Registered Exchange Offer is mailed to the Holders (such period being called the
"Exchange Offer Registration Period"). The Exchange Securities will be issued
under the Indenture or an indenture (the "Exchange Securities Indenture")
between the Company, the Guarantors party thereto and the Trustee or such other
bank or trust company that is reasonably satisfactory to the Initial Purchasers,
as trustee (the "Exchange Securities Trustee"), such indenture to be identical
in all material respects to the Indenture, except with respect to the transfer
restrictions relating to the Securities (as described above).

                  Upon the effectiveness of the Exchange Offer Registration
Statement, the Issuers shall as soon as practicable commence the Registered
Exchange Offer, it being the objective of such Registered Exchange Offer to
enable each Holder electing to exchange Securities for Exchange Securities
(assuming that such Holder (a) is not an affiliate (as defined in Rule 405 under
the Securities Act) of the Issuers or an Exchanging Dealer (as defined herein)
not complying with the requirements of the next sentence, (b) is not an Initial
Purchaser holding Securities that have, or that are reasonably likely to have,
the status of an unsold allotment in an initial distribution, (c) acquires the
Exchange Securities in the ordinary course of such Holder's business, and (d)
has no arrangements or understandings with any person to participate in the
distribution of the Exchange Securities) and to trade such Exchange Securities
from and after their receipt without any limitations or restrictions under the
Securities Act and without material restrictions under the securities laws of
the several states of the United States. Each Issuer, each Initial Purchaser and
each Exchanging Dealer acknowledges that, pursuant to current interpretations by
the Commission's staff of Section 5 of the Securities Act, (i) each Holder that
is a broker-dealer electing to exchange Securities acquired for its own account
as a result of market-making activities or other trading activities for Exchange
Securities (an "Exchanging Dealer") is required to deliver a prospectus
containing substantially the information set forth in Annex A hereto on the
cover of such prospectus, in Annex B hereto in the "Exchange Offer Procedures"
and "Purpose of the Exchange Offer" sections of such prospectus, and in Annex C
hereto in the "Plan of Distribution" section of such prospectus in connection
with a sale of any such Exchange Securities received by such Exchanging Dealer
pursuant to the Registered Exchange Offer and (ii) if any Initial Purchaser
elects to sell Private Exchange Securities (as defined below) acquired in
exchange for Securities constituting any portion of an unsold allotment, it is
required to deliver a prospectus containing the information required by Items
507 and 508 of

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Regulation S-K under the Securities Act and the Exchange Act ("Regulation S-K"),
as applicable, in connection with such sale.

                  Upon consummation of the Registered Exchange Offer in
accordance with this Section 1, the provisions of this Agreement shall continue
to apply, mutatis mutandis, solely with respect to Transfer Restricted
Securities (as defined) that are Private Exchange Securities, Exchange
Securities as to which clause (v) of the first paragraph of Section 2 is
applicable and Exchange Securities held by Exchanging Dealers, and the Issuers
shall have no further obligations to register Transfer Restricted Securities
(other than Private Exchange Securities and other than in respect of any
Exchange Securities as to which clause (v) of the first paragraph of Section 2
hereof applies) pursuant to Section 2 hereof.

                  If, prior to the consummation of the Registered Exchange
Offer, any Holder holds any Securities acquired by it that have, or that are
reasonably likely to be determined to have, the status of an unsold allotment in
an initial distribution, or any Holder is not entitled to participate in the
Registered Exchange Offer, the Issuers shall, upon the request of any such
Holder, simultaneously with the delivery of the Exchange Securities in the
Registered Exchange Offer, issue and deliver to any such Holder, in exchange for
the Securities held by such Holder (the "Private Exchange"), a like aggregate
principal amount of debt securities of the Company and the Guarantors that are
identical in all material respects to the Exchange Securities (the "Private
Exchange Securities"), except with respect to the transfer restrictions relating
to such Private Exchange Securities. The Private Exchange Securities will be
issued under the same indenture as the Exchange Securities, and the Company
shall use its reasonable best efforts to cause the Private Exchange Securities
to bear the same CUSIP number as the Exchange Securities.

                  In connection with the Registered Exchange Offer, the Issuers
shall:

                  (a)      mail to each Holder a copy of the prospectus forming
         part of the Exchange Offer Registration Statement, together with an
         appropriate letter of transmittal and related documents;

                  (b)      keep the Registered Exchange Offer open for not less
         than 30 days (or longer, if required by applicable law) after the date
         on which notice of the Registered Exchange Offer is mailed to the
         Holders;

                  (c)      utilize the services of a depositary for the
         Registered Exchange Offer with an address in the Borough of Manhattan,
         The City of New York;

                  (d)      permit Holders to withdraw tendered Securities at any
         time prior to the close of business, New York City time, on the last
         business day on which the Registered Exchange Offer shall remain open;
         and

                  (e)      otherwise comply in all respects with all laws that
         are applicable to the Registered Exchange Offer.

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               As soon as practicable after the close of the Registered Exchange
Offer and any Private Exchange, as the case may be, the Issuers shall:

                  (a)      accept for exchange all Securities tendered and not
         validly withdrawn pursuant to the Registered Exchange Offer and the
         Private Exchange Offer;

                  (b)      deliver to the Trustee for cancellation all
         Securities so accepted for exchange; and

                  (c)      cause the Trustee or the Exchange Securities Trustee,
         as the case may be, promptly to authenticate and deliver to each
         Holder, Exchange Securities or Private Exchange Securities, as the case
         may be, equal in principal amount to the Securities of such Holder so
         accepted for exchange.

               The Issuers shall use their reasonable best efforts to keep the
Exchange Offer Registration Statement effective and to amend and supplement the
prospectus contained therein in order to permit such prospectus to be used by
all persons subject to the prospectus delivery requirements of the Securities
Act for such period of time as such persons must comply with such requirements
in order to resell the Exchange Securities; provided that the Issuers shall make
such prospectus and any amendment or supplement thereto available to any
broker-dealer for use in connection with any resale of any Exchange Securities
for a period of 90 days after the consummation of the Registered Exchange Offer.

               The Indenture or the Exchange Securities Indenture, as the case
may be, shall provide that the Securities, the Exchange Securities and the
Private Exchange Securities shall vote and consent together on all matters as
one class and that none of the Securities, the Exchange Securities or the
Private Exchange Securities will have the right to vote or consent as a separate
class on any matter.

               Interest on each Exchange Security and Private Exchange Security
issued pursuant to the Registered Exchange Offer and in the Private Exchange
will accrue from the last interest payment date on which interest was paid on
the Securities surrendered in exchange therefor or, if no interest has been paid
on the Securities, from the Issue Date.

               Each Holder participating in the Registered Exchange Offer shall
be required to represent to the Issuers that at the time of the consummation of
the Registered Exchange Offer (i) any Exchange Securities received by such
Holder will be acquired in the ordinary course of business, (ii) such Holder
will have no arrangements or understanding with any person to participate in the
distribution of the Securities or the Exchange Securities within the meaning of
the Securities Act and (iii) such Holder is not an affiliate (as defined in Rule
405 under the Securities Act) of any of the Issuers or, if it is such an
affiliate, such Holder will comply with the registration and prospectus delivery
requirements of the Securities Act to the extent applicable.

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               Notwithstanding any other provisions hereof, each of the Issuers
will ensure that (i) any Exchange Offer Registration Statement and any amendment
thereto and any prospectus forming part thereof and any supplement thereto
complies in all material respects with the Securities Act and the rules and
regulations of the Commission thereunder, (ii) any Exchange Offer Registration
Statement and any amendment thereto does not, when it becomes effective, contain
an untrue statement of a material fact or omit to state a material fact required
to be stated therein or necessary to make the statements therein not misleading,
and (iii) any prospectus forming part of any Exchange Offer Registration
Statement, and any supplement to such prospectus, does not, as of the
consummation of the Registered Exchange Offer, include an untrue statement of a
material fact or omit to state a material fact necessary in order to make the
statements therein, in the light of the circumstances under which they were
made, not misleading.

               2.       Shelf Registration. If (i) because of any change in
law or applicable interpretations thereof by the Commission's staff the Issuers
are not permitted to effect the Registered Exchange Offer as contemplated by
Section 1 hereof, or (ii) any Securities validly tendered pursuant to the
Registered Exchange Offer are not exchanged for Exchange Securities within 225
days after the Issue Date, or (iii) any Initial Purchaser so requests in writing
within 90 days after the Registered Exchange Offer with respect to Private
Exchange Securities, or (iv) any applicable law or interpretations do not permit
any Holder to participate in the Registered Exchange Offer, or (v) any Holder
that participates in the Registered Exchange Offer does not receive freely
transferable Exchange Securities in exchange for tendered Securities, or (vi)
the Issuers so elect, then the following provisions shall apply:

               (a)      The Issuers shall use their reasonable best efforts
         to file as promptly as practicable (but in no event more than 90 days
         after so required or requested, in each case pursuant to this Section
         2) with the Commission, and thereafter shall use their reasonable best
         efforts to cause to be declared effective, a shelf registration
         statement on an appropriate form under the Securities Act relating to
         the offer and sale of the Transfer Restricted Securities by the Holders
         thereof from time to time in accordance with the methods of
         distribution set forth in such registration statement (hereafter, a
         "Shelf Registration Statement" and, together with any Exchange Offer
         Registration Statement, a "Registration Statement"); provided, however,
         that no Holder of Securities or Exchange Securities (other than the
         Initial Purchasers) shall be entitled to have Securities or Exchange
         Securities held by it covered by such Shelf Registration Statement,
         unless such Holder agrees in writing to be bound by all of the
         provisions of this Agreement applicable to such Holder.

               (b)      The Issuers shall use their reasonable best efforts
         to keep the Shelf Registration Statement continuously effective in
         order to permit the prospectus forming part thereof to be used by
         Holders of Transfer Restricted Securities for a period ending on the
         earlier of two years from the Issue Date or the date on which all the
         Transfer Restricted Securities covered by the Shelf Registration
         Statement have been sold pursuant thereto (in any such case, such
         period being called the "Shelf

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         Registration Period"). The Issuers shall be deemed not to have used
         their reasonable best efforts to keep the Shelf Registration Statement
         effective during the requisite period if they voluntarily take any
         action that would result in Holders of Transfer Restricted Securities
         covered thereby not being able to offer and sell such Transfer
         Restricted Securities during that period, unless such action is
         required by applicable law; provided, however, that the foregoing shall
         not apply to actions taken by the Issuers in good faith and for valid
         business reasons (not including avoidance of their obligations
         hereunder), including, without limitation, the acquisition or
         divestiture of assets, so long as the Issuers within 120 days
         thereafter comply with the requirements of Section 4(j) hereof. Any
         such period during which the Issuers fail to keep the Shelf
         Registration Statement effective and usable for offers and sales of
         Securities and Exchange Securities is referred to as a "Suspension
         Period." A Suspension Period shall commence on and include the date
         that the Issuers give notice that the Shelf Registration Statement is
         no longer effective or the prospectus included therein is no longer
         usable for offers and sales of Securities and Exchange Securities and
         shall end on the date when each Holder of Securities and Exchange
         Securities covered by such registration statement either receives the
         copies of the supplemented or amended prospectus contemplated by
         Section 4(j) hereof or is advised in writing by the Issuers that use of
         the prospectus may be resumed. If one or more Suspension Periods occur,
         the two-year period referenced above shall be extended by the aggregate
         of the number of days included in each Suspension Period.

               (c)      Notwithstanding any other provisions hereof, the
         Issuers will ensure that (i) any Shelf Registration Statement and any
         amendment thereto and any prospectus forming part thereof and any
         supplement thereto complies in all material respects with the
         Securities Act and the rules and regulations of the Commission
         thereunder, (ii) any Shelf Registration Statement and any amendment
         thereto (in either case, other than with respect to information
         included therein in reliance upon or in conformity with written
         information furnished to the Issuers by or on behalf of any Holder
         specifically for use therein (the "Holders' Information")) does not
         contain an untrue statement of a material fact or omit to state a
         material fact required to be stated therein or necessary to make the
         statements therein not misleading and (iii) any prospectus forming part
         of any Shelf Registration Statement, and any supplement to such
         prospectus (in either case, other than with respect to Holders'
         Information), does not include an untrue statement of a material fact
         or omit to state a material fact necessary in order to make the
         statements therein, in the light of the circumstances under which they
         were made, not misleading.

                3.      Liquidated Damages. (a) The parties hereto agree that
the Holders of Transfer Restricted Securities will suffer damages if the Issuers
fail to fulfill their obligations under Section 1 or Section 2, as applicable,
and that it would not be feasible to ascertain the extent of such damages.
Accordingly, if (i) the applicable Registration Statement is not filed with the
Commission on or prior to 90 days after the Issue Date, (ii) the Exchange Offer
Registration Statement or the Shelf Registration Statement, as the case may be,
is not declared

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effective within 180 days after the Issue Date (or in the case of a Shelf
Registration Statement required to be filed in response to a change in law or
the applicable interpretations of the Commission's staff, if later, within 45
days after publication of the change in law or interpretation), (iii) the
Registered Exchange Offer is not consummated on or prior to 225 days after the
Issue Date, or (iv) the Shelf Registration Statement is filed and declared
effective within 180 days after the Issue Date (or in the case of a Shelf
Registration Statement required to be filed in response to a change in law or
the applicable interpretations of the Commission's staff, if later, within 45
days after publication of the change in law or interpretation) but shall
thereafter cease to be effective (at any time that the Issuers are obligated to
maintain the effectiveness thereof) without being succeeded within 60 days by an
additional Registration Statement filed and declared effective (each such event
referred to in clauses (i) through (iv), a "Registration Default"), the Company
and the Guarantors (other than LIN TV Corp.) will, jointly and severally, be
obligated to pay liquidated damages to each Holder of Transfer Restricted
Securities, during the period of one or more such Registration Defaults, in an
amount equal to $ 0.10 per week per $1,000 principal amount of Transfer
Restricted Securities held by such Holder until (a) the applicable Registration
Statement is filed, (b) the Exchange Offer Registration Statement is declared
effective, (c) the Registered Exchange Offer is consummated, (d) the Shelf
Registration Statement is declared effective, (e) the Shelf Registration
Statement again becomes effective, or (f) the Shelf Registration Period shall
have ended, as the case may be. Following the cure of all Registration Defaults,
the accrual of liquidated damages will cease. As used herein, the term "Transfer
Restricted Securities" means (i) each Security until the date on which such
Security has been exchanged for a freely transferable Exchange Security in the
Registered Exchange Offer, (ii) each Security or Private Exchange Security until
the date on which it has been effectively registered under the Securities Act
and disposed of in accordance with the Shelf Registration Statement or (iii)
each Security or Private Exchange Security until the date on which it is
distributed to the public pursuant to Rule 144 under the Securities Act or is
saleable pursuant to Rule 144(k) under the Securities Act. Notwithstanding
anything to the contrary in this Section 3(a), the Company and the Guarantors
(other than LIN TV Corp.) shall not be required to pay liquidated damages to a
Holder of Transfer Restricted Securities if such Holder failed to comply with
its obligations to make the representations set forth in the second to last
paragraph of Section 1 or failed to provide the information required to be
provided by it, if any, pursuant to Section 4(n).

               (b)      The Issuers shall notify the Trustee and the Paying
Agent under the Indenture immediately upon the happening of each and every
Registration Default. The Company and the Guarantors (other than LIN TV Corp.)
shall, jointly and severally, pay the liquidated damages due on the Transfer
Restricted Securities by depositing with the Paying Agent (which may not be any
of the Issuers for these purposes), in trust, for the benefit of the Holders
thereof, prior to 10:00 a.m., New York City time, on the next interest payment
date specified by the Indenture and the Securities, sums sufficient to pay the
liquidated damages then due. The liquidated damages due shall be payable on each
interest payment date specified by the Indenture and the Securities to the
Holder of record entitled to receive the

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interest payment to be made on such date. Each obligation to pay liquidated
damages shall be deemed to accrue from and including the date of the applicable
Registration Default.

                  (c)      The parties hereto agree that the liquidated damages
provided for in this Section 3 constitute a reasonable estimate of and are
intended to constitute the sole damages that will be suffered by Holders of
Transfer Restricted Securities by reason of the failure of (i) the Shelf
Registration Statement or the Exchange Offer Registration Statement to be filed,
(ii) the Shelf Registration Statement to remain effective or (iii) the Exchange
Offer Registration Statement to be declared effective and the Registered
Exchange Offer to be consummated, in each case to the extent required by this
Agreement.

                  4.       Registration Procedures. In connection with any
Registration Statement, the following provisions shall apply:

                  (a)      The Issuers shall (i) furnish to each Initial
         Purchaser, prior to the filing thereof with the Commission, a copy of
         the Registration Statement and each amendment thereof and each
         supplement, if any, to the prospectus included therein and shall use
         its reasonable best efforts to reflect in each such document, when so
         filed with the Commission, such comments as any Initial Purchaser may
         reasonably propose; (ii) if applicable, include the information set
         forth in Annex A hereto on the cover, in Annex B hereto in the
         "Exchange Offer Procedures" and "Purpose of the Exchange Offer"
         sections and in Annex C hereto in the "Plan of Distribution" section of
         the prospectus forming a part of the Exchange Offer Registration
         Statement, and include the information set forth in Annex D hereto in
         the Letter of Transmittal delivered pursuant to the Registered Exchange
         Offer; and (iii) if requested by any Initial Purchaser, include the
         information required by Items 507 or 508 of Regulation S-K, as
         applicable, in the prospectus forming a part of the Exchange Offer
         Registration Statement.

                  (b)      The Issuers shall advise each Initial Purchaser, each
         Exchanging Dealer and the Holders (if applicable) and, if requested by
         any such person, confirm such advice in writing (which advice pursuant
         to clauses (ii)-(v) hereof shall be accompanied by an instruction to
         suspend the use of the prospectus until the requisite changes have been
         made):

                           (i)      when any Registration Statement and any
                  amendment thereto has been filed with the Commission and when
                  such Registration Statement or any post-effective amendment
                  thereto has become effective;

                           (ii)     of any request by the Commission for
                  amendments or supplements to any Registration Statement or the
                  prospectus included therein or for additional information;

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                           (iii)    of the issuance by the Commission of any
                  stop order suspending the effectiveness of any Registration
                  Statement or the initiation of any proceedings for that
                  purpose;

                           (iv)     of the receipt by the Issuers of any
                  notification with respect to the suspension of the
                  qualification of the Securities, the Exchange Securities or
                  the Private Exchange Securities for sale in any jurisdiction
                  or the initiation or threatening of any proceeding for such
                  purpose; and

                           (v)      of the happening of any event that requires
                  the making of any changes in any Registration Statement or the
                  prospectus included therein in order that the statements
                  therein are not misleading and do not omit to state a material
                  fact required to be stated therein or necessary to make the
                  statements therein not misleading.

                  (c)      The Issuers will make every reasonable effort to
         obtain the withdrawal at the earliest possible time of any order
         suspending the effectiveness of any Registration Statement.

                  (d)      The Issuers will furnish to each Holder of Transfer
         Restricted Securities included within the coverage of any Shelf
         Registration Statement, without charge, at least one conformed copy of
         such Shelf Registration Statement and any post-effective amendment
         thereto, including financial statements and schedules and, if any such
         Holder so requests in writing, all exhibits thereto (including those,
         if any, incorporated by reference).

                  (e)      The Issuers will, during the Shelf Registration
         Period, promptly deliver to each Holder of Transfer Restricted
         Securities included within the coverage of any Shelf Registration
         Statement, without charge, as many copies of the prospectus (including
         each preliminary prospectus) included in such Shelf Registration
         Statement and any amendment or supplement thereto as such Holder may
         reasonably request; and the Issuers consent to the use of such
         prospectus or any amendment or supplement thereto by each of the
         selling Holders of Transfer Restricted Securities in connection with
         the offer and sale of the Transfer Restricted Securities covered by
         such prospectus or any amendment or supplement thereto.

                  (f)      The Issuers will furnish to each Initial Purchaser
         and each Exchanging Dealer, and to any other Holder who so requests,
         without charge, at least one conformed copy of the Exchange Offer
         Registration Statement and any post-effective amendment thereto,
         including financial statements and schedules and, if any Initial
         Purchaser or Exchanging Dealer or any such Holder so requests in
         writing, all exhibits thereto (including those, if any, incorporated by
         reference).

                  (g)      The Issuers will, during the Exchange Offer
         Registration Period or the Shelf Registration Period, as applicable,
         promptly deliver to each Initial Purchaser,

                                       -9-

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         each Exchanging Dealer and such other persons that are required to
         deliver a prospectus following the Registered Exchange Offer, without
         charge, as many copies of the final prospectus included in the Exchange
         Offer Registration Statement or the Shelf Registration Statement and
         any amendment or supplement thereto as such Initial Purchaser,
         Exchanging Dealer or other persons may reasonably request; and the
         Issuers consent to the use of such prospectus or any amendment or
         supplement thereto by any such Initial Purchaser, Exchanging Dealer or
         other persons, as applicable, as aforesaid.

                  (h)      Prior to the effective date of any Registration
         Statement, the Issuers will use their reasonable best efforts to
         register or qualify, or cooperate with the Holders of Securities,
         Exchange Securities or Private Exchange Securities included therein and
         their respective counsel in connection with the registration or
         qualification of, such Securities, Exchange Securities or Private
         Exchange Securities for offer and sale under the securities or blue sky
         laws of such jurisdictions as any such Holder reasonably requests in
         writing and do any and all other acts or things necessary or advisable
         to enable the offer and sale in such jurisdictions of the Securities,
         Exchange Securities or Private Exchange Securities covered by such
         Registration Statement; provided that the Issuers will not be required
         to qualify generally to do business in any jurisdiction where they are
         not then so qualified or to take any action which would subject them to
         general service of process or to taxation in any such jurisdiction
         where they are not then so subject.

                  (i)      The Issuers will cooperate with the Holders of
         Securities, Exchange Securities or Private Exchange Securities to
         facilitate the timely preparation and delivery of certificates
         representing Securities, Exchange Securities or Private Exchange
         Securities to be sold pursuant to any Registration Statement free of
         any restrictive legends and in such denominations and registered in
         such names as the Holders thereof may request in writing prior to sales
         of Securities, Exchange Securities or Private Exchange Securities
         pursuant to such Registration Statement.

                  (j)      If (i) any event contemplated by Section 4(b)(ii)
         through (v) occurs during the period for which the Issuers are required
         to maintain an effective Registration Statement, or (ii) any Suspension
         Period remains in effect more than 120 days after the occurrence
         thereof, the Issuers will promptly prepare and file with the Commission
         a post-effective amendment to the Registration Statement or a
         supplement to the related prospectus or file any other required
         document so that, as thereafter delivered to purchasers of the
         Securities, Exchange Securities or Private Exchange Securities from a
         Holder, the prospectus will not include an untrue statement of a
         material fact or omit to state a material fact necessary in order to
         make the statements therein, in the light of the circumstances under
         which they were made, not misleading.

                                      -10-
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                  (k)      Not later than the effective date of the applicable
         Registration Statement, the Issuers will provide a CUSIP number for the
         Securities, the Exchange Securities and the Private Exchange
         Securities, as the case may be, and provide the applicable trustee with
         printed certificates for the Securities, the Exchange Securities or the
         Private Exchange Securities, as the case may be, in a form eligible for
         deposit with The Depository Trust Company.

                  (l)      Each of the Issuers will comply with all applicable
         rules and regulations of the Commission and will make generally
         available to its security holders as soon as practicable after the
         effective date of the applicable Registration Statement an earnings
         statement satisfying the provisions of Section 11(a) of the Securities
         Act; provided that in no event shall such earnings statement be
         delivered later than 45 days after the end of a 12-month period (or 90
         days, if such period is a fiscal year) beginning with the first month
         of such Issuer's first fiscal quarter commencing after the effective
         date of the applicable Registration Statement, which statement shall
         cover such 12-month period.

                  (m)      The Issuers will cause the Indenture or the Exchange
         Securities Indenture, as the case may be, to be qualified under the
         Trust Indenture Act as required by applicable law in a timely manner.

                  (n)      The Issuers may require each Holder of Transfer
         Restricted Securities to be registered pursuant to any Shelf
         Registration Statement to furnish to the Issuers such information
         concerning the Holder and the distribution of such Transfer Restricted
         Securities as the Issuers may from time to time reasonably require for
         inclusion in such Shelf Registration Statement, and the Issuers may
         exclude from such registration the Transfer Restricted Securities of
         any Holder that fails to furnish such information within a reasonable
         time after receiving such request.

                  (o)      In the case of a Shelf Registration Statement, each
         Holder of Transfer Restricted Securities to be registered pursuant
         thereto agrees by acquisition of such Transfer Restricted Securities
         that, upon receipt of any notice from the Issuers (i) of a Suspension
         Period under Section 2(b) hereof or (ii) pursuant to Section 4(b)(ii)
         through (v) hereof, such Holder will discontinue disposition of such
         Transfer Restricted Securities until such Holder's receipt of (x)
         notice that the Suspension Period has ended or (y) copies of the
         supplemental or amended prospectus contemplated by Section 4(j) hereof,
         as the case may be, or until advised in writing (the "Advice") by the
         Issuers that the use of the applicable prospectus may be resumed. If
         the Issuers shall give any notice under Section 4(b)(ii) through (v)
         during the period that the Issuers are required to maintain an
         effective Registration Statement (the "Effectiveness Period"), such
         Effectiveness Period shall be extended by the number of days during
         such period from and including the date of the giving of such notice to
         and including the date when each seller of Transfer Restricted
         Securities covered by such Registration Statement shall have received
         (x) the copies of the

                                      -11-

<PAGE>

         supplemental or amended prospectus contemplated by Section 4(j) (if an
         amended or supplemental prospectus is required) or (y) the Advice (if
         no amended or supplemental prospectus is required).

                  (p)      In the case of a Shelf Registration Statement, the
         Issuers shall enter into such customary agreements (including, if
         requested, an underwriting agreement in customary form) and take all
         such other action, if any, as Holders of a majority in aggregate
         principal amount of the Securities, Exchange Securities and Private
         Exchange Securities being sold or the managing underwriters (if any)
         shall reasonably request in order to facilitate any disposition of
         Securities, Exchange Securities or Private Exchange Securities pursuant
         to such Shelf Registration Statement.

                  (q)      In the case of a Shelf Registration Statement, the
         Issuers shall (i) make reasonably available for inspection by a
         representative of, and Special Counsel (as defined below) acting for,
         Holders of a majority in aggregate principal amount of the Securities,
         Exchange Securities and Private Exchange Securities being sold and any
         underwriter participating in any disposition of Securities, Exchange
         Securities or Private Exchange Securities pursuant to such Shelf
         Registration Statement, all relevant financial and other records,
         pertinent corporate documents and properties of the Issuers and their
         respective subsidiaries and (ii) use their reasonable best efforts to
         have their officers, directors, employees, accountants and counsel
         supply all relevant information reasonably requested by such
         representative, Special Counsel or any such underwriter (an
         "Inspector") in connection with such Shelf Registration Statement;
         provided that the Inspectors shall first agree in writing with the
         Company that any information that is reasonably designated by the
         Company as confidential at the time of delivery of such information
         shall be kept confidential by such persons and shall be used solely for
         the purposes of exercising rights under this Agreement, unless (i)
         disclosure of such information is required by court or administrative
         order or is necessary to respond to inquiries of regulatory
         authorities, (ii) disclosure of such information is required by law
         (including any disclosure requirements pursuant to federal securities
         laws in connection with the filing of any Registration Statement or the
         use of any prospectus referred to in this Agreement), (iii) such
         information becomes generally available to the public other than as a
         result of a disclosure or failure to safeguard by any such person, (iv)
         such information becomes available to any such person from a source
         other than the Issuers and such source is not bound by a
         confidentiality agreement, or (v) such information relates to the U.S.
         federal income tax treatment or U.S. federal income tax structure of
         the Transactions or materials of any kind relating to such tax
         treatment or tax structure, including opinions or other tax analyses.
         Any person legally compelled to disclose any such confidential
         information made available for inspection shall provide the Company
         with prompt prior written notice of such requirement so that the
         Company may seek a protective order or other appropriate remedy.

                                      -12-

<PAGE>

                  (r)      In the case of a Shelf Registration Statement, the
         Issuers shall, if requested by Holders of a majority in aggregate
         principal amount of the Securities, Exchange Securities and Private
         Exchange Securities being sold, their Special Counsel or the managing
         underwriters (if any) in connection with such Shelf Registration
         Statement, use their reasonable best efforts to cause (i) their counsel
         to deliver an opinion relating to the Shelf Registration Statement and
         the Securities, Exchange Securities or Private Exchange Securities, as
         applicable, in customary form and (ii) their officers to execute and
         deliver all customary documents and certificates requested by Holders
         of a majority in aggregate principal amount of the Securities, Exchange
         Securities and Private Exchange Securities being sold, their Special
         Counsel or the managing underwriters (if any). In addition, in the case
         of a Shelf Registration Statement, the Issuers shall, if requested by
         Holders of a majority in aggregate principal amount of the Securities,
         Exchange Securities and Private Exchange Securities being sold, their
         Special Counsel, or the managing underwriters (if any) in connection
         with such Shelf Registration Statement, but only if the registration is
         an underwritten registration, use their reasonable best efforts to
         cause their independent public accountants to provide a comfort letter
         or letters in customary form, subject to receipt of appropriate
         documentation as contemplated, and only if permitted, by Statement of
         Auditing Standards No. 72.

                  5.       Registration Expenses. The Issuers will, jointly and
severally, bear all expenses incurred in connection with the performance of
their obligations under Sections 1, 2, 3 and 4 and the Issuers will, jointly and
severally, reimburse the Initial Purchasers and the Holders for the reasonable
fees and disbursements of one firm of attorneys (in addition to any local
counsel) chosen by the Holders of a majority in aggregate principal amount of
the Securities, the Exchange Securities and the Private Exchange Securities to
be sold pursuant to each Registration Statement (the "Special Counsel") acting
for the Initial Purchasers or Holders in connection therewith.

                  6.       Indemnification. (a) In the event of a Shelf
Registration Statement or in connection with any prospectus delivery pursuant to
an Exchange Offer Registration Statement by an Initial Purchaser or Exchanging
Dealer, as applicable, the Issuers shall, jointly and severally, indemnify and
hold harmless each Holder (including, without limitation, any such Initial
Purchaser or Exchanging Dealer), its affiliates, each person who controls such
Holder or such affiliates within the meaning of the Securities Act or Exchange
Act and their respective officers, directors, employees, representatives and
agents (collectively referred to for purposes of this Section 6 and Section 7 as
a "Holder") from and against any loss, claim, damage or liability, joint or
several, or any action in respect thereof (including, without limitation, any
loss, claim, damage, liability or action relating to purchases and sales of
Securities, Exchange Securities or Private Exchange Securities), to which that
Holder may become subject, whether commenced or threatened, under the Securities
Act, the Exchange Act, any other federal or state statutory law or regulation,
at common law or otherwise, insofar as such loss, claim, damage, liability or
action arises out of, or is based upon, (i) any untrue statement or alleged
untrue statement of a material fact contained in any such

                                      -13-

<PAGE>

Registration Statement or any prospectus forming part thereof or in any
amendment or supplement thereto or (ii) the omission or alleged omission to
state therein a material fact required to be stated therein or necessary in
order to make the statements therein, in the light of the circumstances under
which they were made, not misleading, and shall, jointly and severally,
reimburse each Holder promptly upon demand for any legal or other expenses
reasonably incurred by that Holder in connection with investigating or defending
or preparing to defend against or appearing as a third party witness in
connection with any such loss, claim, damage, liability or action as such
expenses are incurred; provided, however, that the Issuers shall not be liable
in any such case to the extent that any such loss, claim, damage, liability or
action arises out of, or is based upon, an untrue statement or alleged untrue
statement in or omission or alleged omission from any of such documents in
reliance upon and in conformity with any Holders' Information; and provided
further, however, that with respect to any such untrue statement in or omission
from any related preliminary prospectus (as amended or supplemented) or, if
amended or supplemented, any related final prospectus (excluding the correcting
amendment or supplement), the indemnity agreement contained in this Section 6(a)
shall not inure to the benefit of any such Holder from whom the person asserting
any such loss, claim, damage, liability or action received Securities, Exchange
Securities or Private Exchange Securities to the extent that such loss, claim,
damage, liability or action of or with respect to such Holder results from the
fact that both (A) a copy of the final prospectus (together with any correcting
amendments or supplements) was not sent or given to such person at or prior to
the written confirmation of the sale of such Securities, Exchange Securities or
Private Exchange Securities to such person and (B) the untrue statement in or
omission from any related preliminary prospectus (as amended or supplemented)
or, if amended or supplemented, any related final prospectus (excluding the
correcting amendment or supplement) was corrected in the final prospectus or, if
applicable, an amendment or supplement thereto and the final prospectus (as
amended or supplemented) does not contain any other untrue statement or omission
or alleged untrue statement or omission of a material fact unless, in either
case, such failure to deliver the final prospectus was a result of
non-compliance by the Issuers with Sections 4(d), 4(f) or 4(g).

                  (b)      In the event of a Shelf Registration Statement, each
Holder, severally and not jointly, shall indemnify and hold harmless the
Issuers, their respective affiliates, each person who controls any such Issuer
or any such affiliates within the meaning of the Securities Act or Exchange Act
and their respective officers, directors, employees, representatives and agents
(collectively referred to for purposes of this Section 6(b) and Section 7 as the
"Issuers"), from and against any loss, claim, damage or liability, joint or
several, or any action in respect thereof, to which the Issuers may become
subject, whether commenced or threatened, under the Securities Act, the Exchange
Act, any other federal or state statutory law or regulation, at common law or
otherwise, insofar as such loss, claim, damage, liability or action arises out
of, or is based upon, (i) any untrue statement or alleged untrue statement of a
material fact contained in any such Registration Statement or any prospectus
forming part thereof or in any amendment or supplement thereto or (ii) the
omission or alleged omission to state therein a material fact required to be
stated therein or necessary in order to make the statements therein, in the
light of the circumstances under

                                      -14-

<PAGE>

which they were made, not misleading, but in each case only to the extent that
the untrue statement or alleged untrue statement or omission or alleged omission
was made in reliance upon and in conformity with any Holders' Information
furnished to the Issuers by such Holder, and shall reimburse the Issuers for any
legal or other expenses reasonably incurred by the Issuers in connection with
investigating or defending or preparing to defend against or appearing as a
third party witness in connection with any such loss, claim, damage, liability
or action as such expenses are incurred; provided, however, that no such Holder
shall be liable for any indemnity claims hereunder in excess of the amount of
net proceeds received by such Holder from the sale of Securities, Exchange
Securities or Private Exchange Securities pursuant to such Shelf Registration
Statement.

                  (c)      Promptly after receipt by an indemnified party under
this Section 6 of notice of any claim or the commencement of any action, the
indemnified party shall, if a claim in respect thereof is to be made against the
indemnifying party pursuant to Section 6(a) or 6(b), notify the indemnifying
party in writing of the claim or the commencement of that action; provided,
however, that the failure to notify the indemnifying party shall not relieve it
from any liability which it may have under this Section 6 except to the extent
that it has been materially prejudiced by such failure; and provided further,
however, that the failure to notify the indemnifying party shall not relieve it
from any liability which it may have to an indemnified party otherwise than
under this Section 6. If any such claim or action shall be brought against an
indemnified party, and it shall notify the indemnifying party thereof, the
indemnifying party shall be entitled to participate therein and, to the extent
that it wishes, jointly with any other similarly notified indemnifying party, to
assume the defense thereof with counsel reasonably satisfactory to the
indemnified party. After notice from the indemnifying party to the indemnified
party of its election to assume the defense of such claim or action, the
indemnifying party shall not be liable to the indemnified party under this
Section 6 for any legal or other expenses subsequently incurred by the
indemnified party in connection with the defense thereof other than the
reasonable costs of investigation; provided, however, that an indemnified party
shall have the right to employ its own counsel in any such action, but the fees,
expenses and other charges of such counsel for the indemnified party will be at
the expense of such indemnified party unless (1) the employment of counsel by
the indemnified party has been authorized in writing by the indemnifying party,
(2) the indemnified party has reasonably concluded (based upon advice of counsel
to the indemnified party) that there may be legal defenses available to it or
other indemnified parties that are different from or in addition to those
available to the indemnifying party, (3) a conflict or potential conflict exists
(based upon advice of counsel to the indemnified party) between the indemnified
party and the indemnifying party (in which case the indemnifying party will not
have the right to direct the defense of such action on behalf of the indemnified
party) or (4) the indemnifying party has not in fact employed counsel reasonably
satisfactory to the indemnified party to assume the defense of such action
within a reasonable time after receiving notice of the commencement of the
action, in each of which cases the reasonable fees, disbursements and other
charges of counsel will be at the expense of the indemnifying party or parties.
It is understood that the indemnifying party or parties shall not, in connection
with any proceeding or related proceedings in the same jurisdiction, be liable
for the

                                      -15-

<PAGE>

reasonable fees, disbursements and other charges of more than one separate firm
of attorneys (in addition to any local counsel) at any one time for all such
indemnified party or parties. Each indemnified party, as a condition of the
indemnity agreements contained in Sections 6(a) and 6(b), shall use all
reasonable efforts to cooperate with the indemnifying party in the defense of
any such action or claim. No indemnifying party shall be liable for any
settlement of any such action effected without its written consent (which
consent shall not be unreasonably withheld), but if settled with its written
consent or if there be a final judgment for the plaintiff in any such action,
the indemnifying party agrees to indemnify and hold harmless any indemnified
party from and against any loss or liability by reason of such settlement or
judgment. No indemnifying party shall, without the prior written consent of the
indemnified party (which consent shall not be unreasonably withheld), effect any
settlement of any pending or threatened proceeding in respect of which any
indemnified party is or could have been a party and indemnity could have been
sought hereunder by such indemnified party, unless such settlement includes an
unconditional release of such indemnified party from all liability on claims
that are the subject matter of such proceeding.

                  7.       Contribution. If the indemnification provided for in
Section 6 is unavailable or insufficient to hold harmless an indemnified party
under Section 6(a) or 6(b), then each indemnifying party shall, in lieu of
indemnifying such indemnified party, contribute to the amount paid or payable by
such indemnified party as a result of such loss, claim, damage or liability, or
action in respect thereof, (i) in such proportion as shall be appropriate to
reflect the relative benefits received by the Issuers from the offering and sale
of the Securities, on the one hand, and a Holder with respect to the sale by
such Holder of Securities, Exchange Securities or Private Exchange Securities,
on the other, or (ii) if the allocation provided by clause (i) above is not
permitted by applicable law, in such proportion as is appropriate to reflect not
only the relative benefits referred to in clause (i) above but also the relative
fault of the Issuers on the one hand and such Holder on the other with respect
to the statements or omissions that resulted in such loss, claim, damage or
liability, or action in respect thereof, as well as any other relevant equitable
considerations. The relative benefits received by the Issuers, on the one hand,
and a Holder, on the other, with respect to such offering and such sale shall be
deemed to be in the same proportion as the total net proceeds from the offering
of the Securities (before deducting expenses) received by or on behalf of the
Issuers as set forth in the table on the cover of the Offering Memorandum, on
the one hand, bear to the total proceeds received by such Holder with respect to
its sale of Securities, Exchange Securities or Private Exchange Securities, on
the other. The relative fault shall be determined by reference to, among other
things, whether the untrue or alleged untrue statement of a material fact or the
omission or alleged omission to state a material fact relates to the Issuers or
information supplied by the Issuers, on the one hand, or to any Holders'
Information supplied by such Holder, on the other, the intent of the parties and
their relative knowledge, access to information and opportunity to correct or
prevent such untrue statement or omission. The parties hereto agree that it
would not be just and equitable if contributions pursuant to this Section 7 were
to be determined by pro rata allocation or by any other method of allocation
that does not take into account the equitable considerations referred to herein.
The amount paid or payable by an indemnified party as a result of the loss,
claim, damage or

                                      -16-

<PAGE>

liability, or action in respect thereof, referred to above in this Section 7
shall be deemed to include, for purposes of this Section 7, any legal or other
expenses reasonably incurred by such indemnified party in connection with
investigating or defending or preparing to defend any such action or claim.
Notwithstanding the provisions of this Section 7, an indemnifying party that is
a Holder of Securities, Exchange Securities or Private Exchange Securities shall
not be required to contribute any amount in excess of the amount by which the
total price at which the Securities, Exchange Securities or Private Exchange
Securities sold by such indemnifying party to any purchaser exceeds the amount
of any damages which such indemnifying party has otherwise paid or become liable
to pay by reason of any untrue or alleged untrue statement or omission or
alleged omission. No person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent
misrepresentation.

                  8.       Rules 144 and 144A. Each of the Issuers shall use its
commercially reasonable best efforts to file the reports required to be filed by
it under the Securities Act and the Exchange Act in a timely manner and, if at
any time such Issuer is not required to file such reports, it will, upon the
written request of any Holder of Transfer Restricted Securities, make publicly
available other information for so long as necessary to permit sales of such
Holder's securities pursuant to Rules 144 and 144A. Each of the Issuers
covenants that it will take such further action as any Holder of Transfer
Restricted Securities may reasonably request, all to the extent required from
time to time to enable such Holder to sell Transfer Restricted Securities
without registration under the Securities Act within the limitation of the
exemptions provided by Rules 144 and 144A (including, without limitation, the
requirements of Rule 144A(d)(4)). Upon the written request of any Holder of
Transfer Restricted Securities, each of the Issuers shall deliver to such Holder
a written statement as to whether it has complied with such requirements.
Notwithstanding the foregoing, nothing in this Section 8 shall be deemed to
require any of the Issuers to register any of its securities pursuant to the
Exchange Act.

                  9.       Underwritten Registrations. If any of the Transfer
Restricted Securities covered by any Shelf Registration Statement are to be sold
in an underwritten offering, the investment banker or investment bankers and
manager or managers that will administer the offering will be selected by the
Holders of a majority in aggregate principal amount of such Transfer Restricted
Securities included in such offering, subject to the consent of the Issuers
(which shall not be unreasonably withheld or delayed), and such Holders shall be
responsible for all underwriting commissions and discounts in connection
therewith.

               No person may participate in any underwritten registration
hereunder unless such person (i) agrees to sell such person's Transfer
Restricted Securities on the basis reasonably provided in any underwriting
arrangements approved by the persons entitled hereunder to approve such
arrangements and (ii) completes and executes all questionnaires, powers of
attorney, indemnities, underwriting agreements and other documents reasonably
required under the terms of such underwriting arrangements.

                                      -17-

<PAGE>

                  10.      Miscellaneous. (a) Amendments and Waivers. The
provisions of this Agreement may not be amended, modified or supplemented, and
waivers or consents to departures from the provisions hereof may not be given,
unless the Issuers have obtained the written consent of Holders of a majority in
aggregate principal amount of the Securities, the Exchange Securities and the
Private Exchange Securities, taken as a single class. Notwithstanding the
foregoing, a waiver or consent to depart from the provisions hereof with respect
to a matter that relates exclusively to the rights of Holders whose Securities,
Exchange Securities or Private Exchange Securities are being sold pursuant to a
Registration Statement and that does not directly or indirectly affect the
rights of other Holders may be given by Holders of a majority in aggregate
principal amount of the Securities, the Exchange Securities and the Private
Exchange Securities being sold by such Holders pursuant to such Registration
Statement.

                  (b)      Notices. All notices and other communications
provided for or permitted hereunder shall be made in writing by hand-delivery,
first-class mail, telecopier or air courier guaranteeing next-day delivery:

                  (i)      if to a Holder, at the most current address given by
         such Holder to the Issuers in accordance with the provisions of this
         Section 10(b), which address initially is, with respect to each Holder,
         the address of such Holder maintained by the Registrar under the
         Indenture, with a copy in like manner to J.P. Morgan Securities Inc.,
         Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., Fleet
         Securities, Inc., Morgan Stanley & Co. Incorporated and Scotia Capital
         (USA) Inc.

                  (ii)     if to an Initial Purchaser, initially to J.P. Morgan
         Securities Inc. at its address set forth in the Purchase Agreement; and

                  (iii)    if to the Issuers, initially at the address of the
         Company set forth in the Purchase Agreement.

               All such notices and communications shall be deemed to have been
duly given: when delivered by hand, if personally delivered; one business day
after being delivered to a next-day air courier; five business days after being
deposited in the mail; and when receipt is acknowledged by the recipient's
telecopier machine, if sent by telecopier.

                  (c)      Successors and Assigns. This Agreement shall be
binding upon the Issuers and their successors and assigns.

                  (d)      Counterparts. This Agreement may be executed in any
number of counterparts (which may be delivered in original form or by
telecopier) and by the parties hereto in separate counterparts, each of which
when so executed shall be deemed to be an original and all of which taken
together shall constitute one and the same agreement.

                  (e)      Definition of Terms. For purposes of this Agreement,
(a) the term "business day" means any day on which the New York Stock Exchange,
Inc. is open for

                                      -18-

<PAGE>

trading, (b) the term "subsidiary" has the meaning set forth in Rule 405 under
the Securities Act and (c) except where otherwise expressly provided, the term
"affiliate" has the meaning set forth in Rule 405 under the Securities Act.

                  (f)      Headings. The headings in this Agreement are for
convenience of reference only and shall not limit or otherwise affect the
meaning hereof.

                  (g)      Governing Law. This Agreement shall be governed by
and construed in accordance with the laws of the State of New York without
regard to conflicts of law provisions thereof to the extent the application of
the laws of another jurisdiction would be required thereby.

                  (h)      Remedies. In the event of a breach by the Issuers or
by any Holder of any of their obligations under this Agreement, each Holder or
the Issuers, as the case may be, in addition to being entitled to exercise all
rights granted by law, including recovery of damages (other than the recovery of
damages for a breach by the Issuers of their obligations under Sections 1 or 2
hereof for which liquidated damages have been paid pursuant to Section 3
hereof), will be entitled to specific performance of its rights under this
Agreement. The Issuers and each Holder agree that monetary damages would not be
adequate compensation for any loss incurred by reason of a breach by it of any
of the provisions of this Agreement and hereby further agree that, in the event
of any action for specific performance in respect of such breach, it shall waive
the defense that a remedy at law would be adequate.

                  (i)      No Inconsistent Agreements. The Issuers represent,
warrant and agree that (i) they have not entered into, and shall not, on or
after the date of this Agreement, enter into, any agreement that is inconsistent
with the rights granted to the Holders in this Agreement or otherwise conflicts
with the provisions hereof, (ii) they have not previously entered into any
agreement which remains in effect granting any registration rights with respect
to any of their debt securities to any person and (iii) without limiting the
generality of the foregoing, without the written consent of the Holders of a
majority in aggregate principal amount of the then outstanding Transfer
Restricted Securities, they shall not grant to any person the right to request
any of the Issuers to register any debt securities of such Issuer under the
Securities Act unless the rights so granted are not in conflict or inconsistent
with the provisions of this Agreement.

                  (j)      No Piggyback on Registrations. Neither the Issuers
nor any of their respective security holders (other than the Holders of Transfer
Restricted Securities in such capacity) shall have the right to include any
securities of the Issuers in any Shelf Registration or Registered Exchange Offer
other than Transfer Restricted Securities.

                  (k)      Severability. The remedies provided herein are
cumulative and not exclusive of any remedies provided by law. If any term,
provision, covenant or restriction of this Agreement is held by a court of
competent jurisdiction to be invalid, illegal, void or unenforceable, the
remainder of the terms, provisions, covenants and restrictions set forth herein
shall remain in full force and effect and shall in no way be affected, impaired
or

                                      -19-

<PAGE>

invalidated, and the parties hereto shall use their reasonable best efforts to
find and employ an alternative means to achieve the same or substantially the
same result as that contemplated by such term, provision, covenant or
restriction. It is hereby stipulated and declared to be the intention of the
parties that they would have executed the remaining terms, provisions, covenants
and restrictions without including any of such that may be hereafter declared
invalid, illegal, void or unenforceable.

                  [Remainder of page intentionally left blank]

                                      -20-

<PAGE>

               Please confirm that the foregoing correctly sets forth the
agreement between the Issuers and the Initial Purchasers.

                                         Very truly yours,

                                         LIN TELEVISION CORPORATION

                                         By: /s/ William A. Cunningham
                                             Name: William A. Cunningham
                                             Title: Vice President - Controller

                                         LIN TV CORP., as Guarantor

                                         By: /s/ Peter E. Maloney
                                             Name: Peter E. Maloney
                                             Title: Vice President - Finance

                                      -21-

<PAGE>

                                         AIRWAVES, INC.
                                         KXAN, INC.
                                         KXTX HOLDINGS, INC.
                                         LINBENCO, INC.
                                         LIN SPORTS, INC.
                                         LIN TELEVISION OF SAN JUAN, INC.
                                         LIN TELEVISION OF TEXAS, INC.
                                         PRIMELAND TELEVISION, INC.
                                         NORTH TEXAS BROADCASTING
                                           CORPORATION
                                         WNJX-TV, INC.
                                         WOOD TELEVISION, INC.
                                         WTNH BROADCASTING, INC.
                                         TVL BROADCASTING OF ABILENE, INC.
                                         TVL BROADCASTING, INC.
                                         WEYI TELEVISION, INC.
                                           as Guarantors

                                         By: /s/ William A. Cunningham
                                             Name: William A. Cunningham
                                             Title: Vice President - Controller

                                         TELEVICENTRO OF PUERTO RICO, LLC, as
                                         a Guarantor

                                         By: LIN Television of San Juan, Inc.,
                                             its Managing Member

                                         By: /s/ William A. Cunningham
                                             Name: William A. Cunningham
                                             Title: Vice President - Controller

                                      -22-

<PAGE>

                                         INDIANA BROADCASTING, LLC
                                         LIN AIRTIME, LLC
                                         PROVIDENCE BROADCASTING, LLC
                                         WAVY BROADCASTING, LLC
                                         WOOD LICENSE CO., LLC
                                         WIVB BROADCASTING, LLC
                                         WWLP BROADCASTING, LLC
                                           as Guarantors

                                         By: LIN Television Corporation,
                                             its Managing Member

                                         By: /s/ William A. Cunningham
                                             Name: William A. Cunningham
                                             Title: Vice President - Controller

                                      -23-

<PAGE>

                                         LIN TELEVISION OF TEXAS, L.P.
                                         as a Guarantor

                                         By: LIN Television of Texas, Inc.,
                                             its General Partner

                                         By: /s/ William A. Cunningham
                                             Name: William A. Cunningham
                                             Title: Vice President - Controller

                                         ABILENE BROADCASTING, LLC
                                         TVL BROADCASTING OF RHODE ISLAND, LLC
                                         WDTN BROADCASTING, LLC
                                         WEYI BROADCASTING, LLC
                                         WUPW BROADCASTING, LLC
                                                as Guarantors

                                         By: TVL Broadcasting, Inc.,
                                             its Managing Member

                                         By: /s/ William A. Cunningham
                                             Name: William A. Cunningham
                                             Title: Vice President - Controller

                                      -24-

<PAGE>

Accepted by:

J.P. MORGAN SECURITIES INC.

By: /s/ Jessica Kearns
    Jessica Kearns
    Managing Director

For itself and on behalf of the several Initial
Purchasers named in Schedule I hereto.

                                      -25-

<PAGE>

                                                                      SCHEDULE I

Initial Purchasers

J.P. Morgan Securities Inc.
Deutsche Bank Securities Inc.
Bear, Stearns & Co. Inc.
Fleet Securities, Inc.
Morgan Stanley & Co. Incorporated
Scotia Capital (USA) Inc.

<PAGE>

                                                                         ANNEX A

               Each broker-dealer that receives Exchange Securities for its own
account pursuant to the Registered Exchange Offer must acknowledge that it will
deliver a prospectus in connection with any resale of such Exchange Securities.
The Letter of Transmittal states that by so acknowledging and by delivering a
prospectus, a broker-dealer will not be deemed to admit that it is an
"underwriter" within the meaning of the Securities Act. This Prospectus, as it
may be amended or supplemented from time to time, may be used by a broker-dealer
in connection with resales of Exchange Securities received in exchange for
Securities where such Securities were acquired by such broker-dealer as a result
of market-making activities or other trading activities. The Issuers have agreed
that, for a period of 90 days after the Expiration Date (as defined herein),
they will make this Prospectus available to any broker-dealer for use in
connection with any such resale. See "Plan of Distribution."

<PAGE>

                                                                         ANNEX B

               Each broker-dealer that receives Exchange Securities for its own
account in exchange for Securities, where such Securities were acquired by such
broker-dealer as a result of market-making activities or other trading
activities, must acknowledge that it will deliver a prospectus in connection
with any resale of such Exchange Securities. See "Plan of Distribution."

<PAGE>

                                                                         ANNEX C

                              PLAN OF DISTRIBUTION

               Each broker-dealer that receives Exchange Securities for its own
account pursuant to the Registered Exchange Offer must acknowledge that it will
deliver a prospectus in connection with any resale of such Exchange Securities.
This Prospectus, as it may be amended or supplemented from time to time, may be
used by a broker-dealer in connection with resales of Exchange Securities
received in exchange for Securities where such Securities were acquired as a
result of market-making activities or other trading activities. The Issuers have
agreed that, for a period of 90 days after the Expiration Date, they will make
this prospectus, as amended or supplemented, available to any broker-dealer for
use in connection with any such resale. In addition, until [DATE], all dealers
effecting transactions in the Exchange Securities may be required to deliver a
prospectus.

               The Issuers will not receive any proceeds from any sale of
Exchange Securities by broker-dealers. Exchange Securities received by
broker-dealers for their own account pursuant to the Registered Exchange Offer
may be sold from time to time in one or more transactions in the
over-the-counter market, in negotiated transactions, through the writing of
options on the Exchange Securities or a combination of such methods of resale,
at market prices prevailing at the time of resale, at prices related to such
prevailing market prices or at negotiated prices. Any such resale may be made
directly to purchasers or to or through brokers or dealers who may receive
compensation in the form of commissions or concessions from any such
broker-dealer or the purchasers of any such Exchange Securities. Any
broker-dealer that resells Exchange Securities that were received by it for its
own account pursuant to the Registered Exchange Offer and any broker or dealer
that participates in a distribution of such Exchange Securities may be deemed to
be an "underwriter" within the meaning of the Securities Act and any profit on
any such resale of Exchange Securities and any commission or concessions
received by any such persons may be deemed to be underwriting compensation under
the Securities Act. The Letter of Transmittal states that, by acknowledging that
it will deliver and by delivering a prospectus, a broker-dealer will not be
deemed to admit that it is an "underwriter" within the meaning of the Securities
Act.

               For a period of 90 days after the Expiration Date the Issuers
will promptly send additional copies of this Prospectus and any amendment or
supplement to this Prospectus to any broker-dealer that requests such documents
in the Letter of Transmittal. The Issuers have agreed to pay all expenses
incident to the Registered Exchange Offer (including the expenses of one counsel
for the Holders of the Securities) other than commissions or concessions of any
broker-dealers and will indemnify the Holders of the Securities (including any
broker-dealers) against certain liabilities, including liabilities under the
Securities Act.

<PAGE>

                                                                         ANNEX D

         [ ]   CHECK HERE IF YOU ARE A BROKER-DEALER AND WISH TO RECEIVE 10
               ADDITIONAL COPIES OF THE PROSPECTUS AND 10 COPIES OF ANY
               AMENDMENTS OR SUPPLEMENTS THERETO.

               Name:    ________________________
               Address: ________________________

If the undersigned is not a broker-dealer, the undersigned represents that it is
not engaged in, and does not intend to engage in, a distribution of Exchange
Securities. If the undersigned is a broker-dealer that will receive Exchange
Securities for its own account in exchange for Securities that were acquired as
a result of market-making activities or other trading activities, it
acknowledges that it will deliver a prospectus in connection with any resale of
such Exchange Securities; however, by so acknowledging and by delivering a
prospectus, the undersigned will not be deemed to admit that it is an
"underwriter" within the meaning of the Securities Act.<PAGE>

                                                                     EXHIBIT 4.5

                          REGISTRATION RIGHTS AGREEMENT

                                      AMONG

                           LIN TELEVISION CORPORATION,

                                   AS ISSUER,

                          THE GUARANTORS NAMED HEREIN,

                                       AND

                          DEUTSCHE BANK SECURITIES INC.
                           J.P. MORGAN SECURITIES INC.
                        MORGAN STANLEY & CO. INCORPORATED
                            BEAR, STEARNS & CO. INC.
                             FLEET SECURITIES, INC.
                           SCOTIA CAPITAL (USA) INC.,

                              AS INITIAL PURCHASERS

                            DATED AS OF MAY 12, 2003

<PAGE>

         REGISTRATION RIGHTS AGREEMENT dated as of May 12, 2003 among LIN
Television Corporation, a Delaware corporation and a wholly owned subsidiary of
LIN TV Corp. ("LIN TELEVISION" or the "ISSUER"), the Guarantors (as defined
herein) and Deutsche Bank Securities Inc., J.P. Morgan Securities Inc., Morgan
Stanley & Co. Incorporated, Bear, Stearns & Co. Inc., Fleet Securities, Inc.,
and Scotia Capital (USA) Inc. (collectively, the "INITIAL PURCHASERS") delivered
pursuant to the Purchase Agreement dated May 6, 2003 (the "PURCHASE AGREEMENT"),
among LIN Television, the Guarantors and the Initial Purchasers. In order to
induce the Initial Purchasers to enter into the Purchase Agreement, each of LIN
Television and the Guarantors have agreed to provide the registration rights set
forth in this Agreement. The execution of this Agreement is a condition to the
closing under the Purchase Agreement.

         Each of LIN Television and the Guarantors agrees with the Initial
Purchasers, (i) for their benefit as Initial Purchasers and (ii) for the benefit
of the beneficial owners (including the Initial Purchasers) from time to time of
the Debentures (as defined herein) and the Affiliate Guarantees (as defined
herein) and the beneficial owners from time to time of the Underlying Common
Stock (as defined herein) issued upon exchange of the Debentures (each of the
foregoing a "HOLDER" and together the "HOLDERS"), as follows:

         SECTION 1. Definitions. Capitalized terms used herein without
definition shall have their respective meanings set forth in the Purchase
Agreement. As used in this Agreement, the following terms shall have the
following meanings:

         "AFFILIATE" means with respect to any specified person, an "affiliate,"
as defined in Rule 144, of such person.

         "AFFILIATE GUARANTEES" has the meaning assigned such term in the
Indenture.

         "AMENDMENT EFFECTIVENESS DEADLINE DATE" has the meaning set forth in
Section 2(d) hereof.

         "BUSINESS DAY" means each Monday, Tuesday, Wednesday, Thursday and
Friday that is not a day on which banking institutions in The City of New York
are authorized or obligated by law or executive order to close.

         "COMMON STOCK" means the shares of class A common stock, par value $.01
per share, of LIN TV and any other shares of common stock as may constitute
"Common Stock" for purposes of the Indenture, including the Underlying Common
Stock.

         "DAMAGES ACCRUAL PERIOD" has the meaning set forth in Section 2(e)
hereof. "Damages Payment Date" means each May 15 and November 15.

         "DEBENTURES" means the 2.50% Exchangeable Senior Subordinated
Debentures Due 2033 of the Issuer to be purchased pursuant to the Purchase
Agreement.

         "DEFERRAL NOTICE" has the meaning set forth in Section 3(h) hereof.

         "DEFERRAL PERIOD" has the meaning set forth in Section 3(h) hereof.

                                       2

<PAGE>

         "EFFECTIVE EXCHANGE PRICE" has the meaning assigned such term in the
Indenture.

         "EFFECTIVENESS DEADLINE DATE" has the meaning set forth in Section 2(a)
hereof.

         "EFFECTIVENESS PERIOD" means the period commencing on the date hereof
and ending on the date that all Registrable Securities have ceased to be
Registrable Securities.

         "EVENT" has the meaning set forth in Section 2(e) hereof.

         "EXCHANGE ACT" means the Securities Exchange Act of 1934, as amended,
and the rules and regulations of the SEC promulgated thereunder.

         "FILING DEADLINE DATE" has the meaning set forth in Section 2(a)
hereof.

         "GUARANTORS" has the meaning assigned such term in the Indenture.

         "HOLDER" has the meaning set forth in the second paragraph of this
Agreement.

         "INDENTURE" means the Indenture, dated as of May 12, 2003, among the
Issuer, the Guarantors and The Bank of New York, as trustee, pursuant to which
the Debentures and the Affiliate Guarantees are being issued.

         "INITIAL PURCHASERS" means Deutsche Bank Securities Inc., J.P. Morgan
Securities Inc., Morgan Stanley & Co. Incorporated, Bear, Steams & Co. Inc.,
Fleet Securities, Inc., and Scotia Capital (USA) Inc.

         "INDEMNIFIED HOLDER" has the meaning set forth in Section 6(a) hereof.

         "INDEMNIFIED ISSUER" has the meaning set forth in Section 6(b) hereof.

         "INITIAL SHELF REGISTRATION STATEMENT" has the meaning set forth in
Section 2(a) hereof.

         "ISSUE DATE" means May 12, 2003.

         "ISSUER" has the meaning set forth in the preamble hereof.

         "LIN TV" means LIN TV Corp., a Delaware corporation.

         "LIQUIDATED DAMAGES AMOUNT" has the meaning set forth in Section 2(e)
hereof.

         "MATERIAL EVENT" has the meaning set forth in Section 3(h) hereof.

         "NOTICE AND QUESTIONNAIRE" means a written notice delivered to the
Issuer containing substantially the information called for by the Selling
Securityholder Notice and Questionnaire attached as Annex A to the Offering
Memorandum of the Issuer dated May 12, 2003 relating to the Debentures.

         "NOTICE HOLDER" means, on any date, any Holder that has delivered a
Notice and Questionnaire to the Issuer on or prior to such date.

                                       3

<PAGE>

         "PURCHASE AGREEMENT" has the meaning set forth in the preamble hereof.

         "PROSPECTUS" means the prospectus included in any Registration
Statement (including, without limitation, a prospectus that discloses
information previously omitted from a prospectus filed as part of an effective
registration statement in reliance upon Rule 430A promulgated under the
Securities Act), as amended or supplemented by any amendment or prospectus
supplement, including post-effective amendments, and all materials incorporated
by reference or explicitly deemed to be incorporated by reference in such
Prospectus.

         "RECORD HOLDER" means with respect to any Damages Payment Date relating
to any Debentures or Underlying Common Stock as to which any Liquidated Damages
Amount has accrued, the registered holder of such Debenture or Underlying Common
Stock on the May 1 immediately preceding a Damages Payment Date occurring on a
May 15, and on the November 1 immediately preceding a Damages Payment Date
occurring on a November 15.

         "REGISTRABLE SECURITIES" means the Debentures and the Affiliate
Guarantees until such Debentures and Affiliate Guarantee have been converted
into or exchanged for the Underlying Common Stock and, at all times subsequent
to any such conversion or exchange, the Underlying Common Stock and any
securities into or for which such Underlying Common Stock has been converted or
exchanged, and any security issued with respect thereto upon any stock dividend,
split or similar event until, in the case of any such security the earliest of
(i) its resale in accordance with the Registration Statement covering sales and
offers of such securities by Holders thereof, (ii) expiration of the holding
period that would be applicable thereto under Rule 144(k) to a sale by a
non-Affiliate of the Issuer or LIN TV, as the case may be, and (iii) its sale to
the public pursuant to Rule 144 (or any similar provision then in force, but not
Rule 144A) under the Securities Act.

         "REGISTRATION STATEMENT" means any registration statement of the Issuer
and the Guarantors that covers any of the Registrable Securities pursuant to the
provisions of this Agreement, including the Prospectus, amendments and
supplements to such registration statement, including post-effective amendments,
all exhibits and all materials incorporated by reference or explicitly deemed to
be incorporated by reference in such registration statement.

         "RESTRICTED SECURITIES" means "Restricted Securities" as defined in
Rule 144.

         "RULE 144" means Rule 144 under the Securities Act, as such Rule may be
amended from time to time, or any similar rule or regulation hereafter adopted
by the SEC.

         "RULE 144A" means Rule 144A under the Securities Act, as such Rule may
be amended from time to time, or any similar rule or regulation hereafter
adopted by the SEC.

         "SEC" means the Securities and Exchange Commission.

         "SECURITIES ACT" means the Securities Act of 1933, as amended, and the
rules and regulations promulgated by the SEC thereunder.

         "SHELF REGISTRATION STATEMENT" has the meaning set forth in Section
2(a) hereof.

                                       4

<PAGE>

         "SPECIAL COUNSEl" means a nationally recognized law firm experienced in
securities law matters designated by the Issuer, with the written consent of the
Initial Purchasers (which shall not be unreasonably withheld), the reasonable
fees and expenses of which will be paid by the Issuer pursuant to Section 5
hereof, or one such other successor counsel as shall be specified by the Holders
of a majority of the Registrable Securities. For purposes of determining the
holders of a majority of the Registrable Securities in this definition, Holders
of Debentures shall be deemed to be the Holders of the number of shares of
Underlying Common Stock into which such Debentures are or would be exchangeable
as of the date the consent is requested.

         "SUBSEQUENT SHELF REGISTRATION STATEMENT" has the meaning set forth in
Section 2(b) hereof.

         "TIA" means the Trust Indenture Act of 1939, as amended.

         "TRUSTEE" means The Bank of New York, the Trustee under the Indenture.

         "UNDERLYING COMMON STOCK" means the Common Stock into which the
Debentures are exchangeable or issued upon any such exchange.

         SECTION 2. Shelf Registration. (a) The Issuer and the Guarantors shall
prepare and file or cause to be prepared and filed with the SEC, as soon as
practicable but in any event by the date (the "FILING DEADLINE DATE") ninety
(90) days after the Issue Date, a Registration Statement for an offering to be
made on a delayed or continuous basis pursuant to Rule 415 of the Securities Act
(a "SHELF REGISTRATION STATEMENT") registering the resale from time to time by
Holders thereof of all of the Registrable Securities (the "INITIAL SHELF
REGISTRATION STATEMENT"). The Initial Shelf Registration Statement shall be on
Form S-3 or another appropriate form permitting registration of such Registrable
Securities for resale by such Holders in accordance with the methods of
distribution elected by the Holders and set forth in the Initial Shelf
Registration Statement. The Issuer and the Guarantors shall use their best
efforts to cause the Initial Shelf Registration Statement to be declared
effective under the Securities Act as promptly as is practicable but in any
event by the date (the "EFFECTIVENESS DEADLINE DATE") that is one hundred eighty
(180) days after the Issue Date, and, subject to Section 3(h), to keep the
Initial Shelf Registration Statement (or any Subsequent Shelf Registration
Statement) continuously effective under the Securities Act until the expiration
of the Effectiveness Period. At the time the Initial Shelf Registration
Statement is declared effective, each Holder that became a Notice Holder on or
prior to the date ten (10) Business Days prior to such time of effectiveness
shall be named as a selling securityholder in the Initial Shelf Registration
Statement and the related Prospectus in such a manner as to permit such Holder
to deliver such Prospectus to purchasers of Registrable Securities in accordance
with applicable law. No holders of a security issued by the Issuer or any
Guarantor (other than the Holders of Registrable Securities) shall have the
right to include any such security in the Shelf Registration Statement.

         (b)      If the Initial Shelf Registration Statement or any Subsequent
Shelf Registration Statement ceases to be effective for any reason at any time
during the Effectiveness Period (other than because all Registrable Securities
registered thereunder shall have been resold pursuant thereto or shall have
otherwise ceased to be Registrable Securities), the Issuer and the Guarantors
shall use their reasonable best efforts to obtain the prompt withdrawal of any
order suspending

                                       5

<PAGE>

the effectiveness thereof, and in any event shall within thirty (30) days of
such cessation of effectiveness amend the Shelf Registration Statement in a
manner reasonably expected to obtain the withdrawal of the order suspending the
effectiveness thereof, or file an additional Shelf Registration Statement
covering all of the securities that as of the date of such filing are
Registrable Securities (a "SUBSEQUENT SHELF REGISTRATION STATEMENT"). If a
Subsequent Shelf Registration Statement is filed, the Issuer and the Guarantors
shall use their best efforts to cause the Subsequent Shelf Registration
Statement to become effective as promptly as is practicable after such filing
and to keep such Registration Statement (or subsequent Shelf Registration
Statement) continuously effective until the end of the Effectiveness Period.

         (c)      The Issuer and the Guarantors shall supplement and amend the
Shelf Registration Statement if required by the rules, regulations or
instructions applicable to the registration form used by the Issuer and the
Guarantors for such Shelf Registration Statement, if required by the Securities
Act or as necessary to name a Notice Holder as a selling securityholder pursuant
to Section (d) below.

         (d)      Each Holder agrees that if such Holder wishes to sell
Registrable Securities pursuant to a Shelf Registration Statement and related
Prospectus, it will do so only in accordance with this Section 2(d) and Section
3(h). Following the date that the Initial Shelf Registration Statement is
declared effective, each Holder wishing to sell Registrable Securities pursuant
to a Shelf Registration Statement and related Prospectus agrees to deliver a
Notice and Questionnaire to the Issuer at least fifteen (15) Business Days prior
to any intended distribution of Registrable Securities under the Shelf
Registration Statement. Each Holder who elects to sell Registrable Securities
pursuant to a Shelf Registration Statement agrees by submitting a Notice and
Questionnaire to the Issuer, it will be bound by the terms and conditions of the
Notice and Questionnaire and this Agreement. From and after the date the Initial
Shelf Registration Statement is declared effective, the Issuer and the
Guarantors shall, as promptly as practicable after the date a Notice and
Questionnaire is delivered pursuant to Section 8(c) hereof, and in any event
upon the later of (x) fifteen (15) Business Days after such date or (y) five (5)
Business Days after the expiration of any Deferral Period in effect when the
Notice and Questionnaire is delivered:

                  (i)      if required by applicable law, file with the SEC a
         post-effective amendment to the Shelf Registration Statement or prepare
         and, if required by applicable law, file a supplement to the related
         Prospectus or a supplement or amendment to any document incorporated
         therein by reference or file any other required document so that the
         Holder delivering such Notice and Questionnaire is named as a selling
         securityholder in the Shelf Registration Statement and the related
         Prospectus in such a manner as to permit such Holder to deliver such
         Prospectus to purchasers of the Registrable Securities in accordance
         with applicable law and, if the Issuer and the Guarantors shall file a
         posteffective amendment to the Shelf Registration Statement, use their
         reasonable best efforts to cause such post-effective amendment to be
         declared effective under the Securities Act as promptly as is
         practicable, but in any event by the date (the "AMENDMENT EFFECTIVENESS
         DEADLINE DATE") that is forty-five (45) days after the date such
         post-effective amendment is required by this clause to be filed;

                                       6

<PAGE>

                  (ii)     provide such Holder copies of any documents filed
         pursuant to Section 2(d)(i); and

                  (iii)    notify such Holder as promptly as practicable after
         the effectiveness under the Securities Act of any post-effective
         amendment filed pursuant to Section 2(d)(i);

provided, that if such Notice and Questionnaire is delivered during a Deferral
Period, the Issuer and the Guarantors shall so inform the Holder delivering such
Notice and Questionnaire and shall take the actions set forth in clauses (i),
(ii) and (iii) above upon expiration of the Deferral Period in accordance with
Section 3(h). Notwithstanding anything contained herein to the contrary, (i)
neither the Issuer nor the Guarantors shall be under any obligation to name any
Holder that is not a Notice Holder as a selling securityholder in any
Registration Statement or related Prospectus and (ii) the Amendment
Effectiveness Deadline Date shall be extended by up to ten (10) Business Days
from the expiration of a Deferral Period (and the Issuer shall incur no
obligation to pay Liquidated Damages during such extension or during such
Deferral Period) if such Deferral Period shall be in effect on the Amendment
Effectiveness Deadline Date.

         (e)      The parties hereto agree that the Holders of Registrable
Securities will suffer damages, and that it would not be feasible to ascertain
the extent of such damages with precision, if, other than as permitted
hereunder,

                  (i)      the Initial Shelf Registration Statement has not been
         filed on or prior to the Filing Deadline Date,

                  (ii)     the Initial Shelf Registration Statement has not been
         declared effective under the Securities Act on or prior to the
         Effectiveness Deadline Date,

                  (iii)    the Issuer and the Guarantors failed to perform their
         obligations set forth in Section 2(d)(i) within the time period
         required therein,

                  (iv)     any post-effective amendment to a Shelf Registration
         Statement filed pursuant to Section 2(d)(i) has not become effective
         under the Securities Act on or prior to the Amendment Effectiveness
         Deadline Date, or

                  (v)      the aggregate duration of Deferral Periods in any
         period exceeds the number of days permitted in respect of such period
         pursuant to Section 3(h) hereof.

Each event described in any of the foregoing clauses (i) through (v) is
individually referred to herein as an "EVENT." For purposes of this Agreement,
each Event set forth above shall begin and end on the dates set forth in the
table set forth below:

<TABLE>
<CAPTION>
Type of Event by               Beginning                           Ending
     Clause                      Date                               Date
     ------                      ----                               ----
<S>                     <C>                             <C>
       (i)              Filing Deadline Date            the date the Initial Shelf
                                                        Registration Statement is filed
</TABLE>

                                       7

<PAGE>

<TABLE>
<CAPTION>
Type of Event by               Beginning                           Ending
     Clause                      Date                               Date
     ------                      ----                               ----
<S>                     <C>                             <C>
      (ii)              Effectiveness Deadline Date     the date the Initial Shelf
                                                        Registration Statement becomes
                                                        effective under the Securities Act

      (iii)             the date by which the Issuer    the date the Issuer and the
                        and the Guarantors are          Guarantors perform their
                        required to perform their       obligations set forth in Section
                        obligations under Section 2(d)  2(d)

      (iv)              the Amendment Effectiveness     the date the applicable
                        Deadline Date                   post-effective amendment to a
                                                        Shelf Registration Statement
                                                        becomes effective under the
                                                        Securities Act

       (v)              the date on which the           termination of the Deferral
                        aggregate duration of           Period that caused the limit on
                        Deferral Periods in any         the aggregate duration of
                        period exceeds the number of    Deferral Periods to be exceeded
                        days permitted by Section 3(h)
</TABLE>

Subject to Section 3(h), for purposes of this Agreement, Events shall begin on
the dates set forth in the table above and shall continue until the ending dates
set forth in the table above.

         Commencing on (and including) any date that an Event has begun and
ending on (but excluding) the next date on which there are no Events that have
occurred and are continuing (a "DAMAGES ACCRUAL PERIOD"), the Issuer shall pay,
as liquidated damages and not as a penalty, to Record Holders of Registrable
Securities an amount (the "LIQUIDATED DAMAGES AMOUNT") accruing, for each day in
the Damages Accrual Period, (i) in respect of any Debenture, at a rate per annum
equal to 0.50% on the aggregate principal amount of such Debenture and (ii) in
respect of each share of Underlying Common Stock that has been issued upon
exchange of a Debenture at a rate per annum equal to 0.50% on the Effective
Exchange Price in effect as of the first day of such Damages Accrual Period, as
the case may be; provided that in the case of a Damages Accrual Period that is
in effect solely as a result of an Event of the type described in clause (iii),
(iv) or (v) of the preceding paragraph, such Liquidated Damages Amount shall be
paid only to the Holders (as set forth in the succeeding paragraph) that have
delivered Notices

                                       8

<PAGE>

and Questionnaires that caused the Issuer and the Guarantors to incur the
obligations set forth in Section 2(d) the non-performance of which is the basis
of such Event. In calculating the Liquidated Damages Amount on any date on which
no Debentures are outstanding, the Effective Exchange Price and the Liquidated
Damages Amount payable with respect to shares of Common Stock that are
Registrable Securities, shall be calculated as if the Debentures were still
outstanding. Notwithstanding the foregoing, no Liquidated Damages Amount shall
accrue as to any Registrable Security from and after the earlier of (x) the date
such security is no longer a Registrable Security and (y) expiration of the
Effectiveness Period. The rate of accrual of the Liquidated Damages Amount with
respect to any period shall not exceed the rate provided for in this paragraph
notwithstanding the occurrence of multiple concurrent Events.

         The Liquidated Damages Amount shall accrue from the first day of the
applicable Damages Accrual Period, and shall be payable on each Damages Payment
Date during the Damage Accrual Period to the Record Holders of the Registrable
Securities entitled thereto; provided that if the Damage Accrual Period does not
end on a Damages Payment Date, the Liquidated Damages Amount shall be payable to
the Record Holders as of the date on which such Damage Accrual Period ends;
provided further that any Liquidated Damages Amount accrued with respect to any
Debenture or portion thereof redeemed or repurchased by the Issuer on a
redemption date or a purchase date or exchanged for Underlying Common Stock on
an exchange date prior to the Damages Payment Date, shall, in any such event, be
paid instead to the Holder who submitted such Debenture or portion thereof for
redemption, repurchase or exchange on the applicable redemption date, purchase
date or exchange date, as the case may be, on such date (or promptly following
the exchange date, in the case of exchange); provided further, that, in the case
of an Event of the type described in clause (iii), (iv) or (v) of the first
paragraph of this Section 2(e), such Liquidated Damages Amount shall be paid
only to the Holders entitled thereto pursuant to such first paragraph by check
mailed to the address set forth in the Notice and Questionnaire delivered by
such Holder. The Trustee shall be entitled, on behalf of registered holders of
Debentures or Underlying Common Stock, to seek any available remedy for the
enforcement of this Agreement, including for the payment of such Liquidated
Damages Amount. Notwithstanding the foregoing, the parties agree that the sole
damages payable for a violation of the terms of this Agreement with respect to
which liquidated damages are expressly provided shall be such liquidated
damages. Nothing shall preclude any Holder from pursuing or obtaining specific
performance or other equitable relief with respect to this Agreement.

         The obligation of the Issuer to pay any Liquidated Damages Amount as
described in this Section 2(e) shall be subordinated in right of payment, to the
same extent and in same the manner as provided in Article 5 of the Indenture as
if such obligations were Indebtedness (as defined in the Indenture) evidenced by
the Securities (as defined in the Indenture), to the payment when due of all
Senior Indebtedness (as defined in the Indenture) of the Issuer. The parties
hereto agree and acknowledge that such subordination is for the benefit of and
enforceable by the holders of Senior Indebtedness. Such Indebtedness shall in
all respects rank pari passu with all other Senior Subordinated Indebtedness (as
defined in the Indenture) of the Issuer, and only Indebtedness of the Issuer
that is Senior Indebtedness will rank senior to such Indebtedness in accordance
with the provisions set forth in the Indenture as if such Indebtedness were
Indebtedness evidenced by the Securities.

                                       9

<PAGE>

         All of the Issuer's and the Guarantors' obligations set forth in this
Section 2(e) that are outstanding with respect to any Registrable Security at
the time such security ceases to be a Registrable Security shall survive until
such time as all such obligations with respect to such security have been
satisfied in full (notwithstanding termination of this Agreement pursuant to
Section 8(k)).

         The parties hereto agree that the liquidated damages provided for in
this Section 2(e) constitute a reasonable estimate of the damages that may be
incurred by Holders of Registrable Securities by reason of the failure of the
Shelf Registration Statement to be filed or declared effective or available for
effecting resales of Registrable Securities in accordance with the provisions
hereof.

         SECTION 3. Registration Procedures. In connection with the registration
obligations of the Issuer and the Guarantors under Section 2 hereof, during the
Effectiveness Period, the Issuer and the Guarantors shall:

         (a)      Prepare and file with the SEC a Registration Statement or
Registration Statements on any appropriate form under the Securities Act
available for the sale of the Registrable Securities by the Holders thereof in
accordance with the intended method or methods of distribution thereof, and use
their best efforts to cause each such Registration Statement to become effective
and remain effective as provided herein; provided that before filing any
Registration Statement or Prospectus or any amendments or supplements thereto
with the SEC (but excluding reports filed with the SEC under the Exchange Act),
furnish to the Initial Purchasers and the Special Counsel of such offering, if
any, copies of all such documents proposed to be filed at least three (3)
Business Days prior to the filing of such Registration Statement or amendment
thereto or Prospectus or supplement thereto.

         (b)      Subject to Section 3(h), prepare and file with the SEC such
amendments and post-effective amendments to each Registration Statement as may
be necessary to keep such Registration Statement continuously effective for the
applicable period specified in Section 2(a); cause the related Prospectus to be
supplemented by any required prospectus supplement, and as so supplemented to be
filed pursuant to Rule 424 (or any similar provisions then in force) under the
Securities Act; and use their reasonable best efforts to comply with the
provisions of the Securities Act applicable to it with respect to the
disposition of all securities covered by such Registration Statement during the
Effectiveness Period in accordance with the intended methods of disposition by
the sellers thereof set forth in such Registration Statement as so amended or
such Prospectus as so supplemented.

         (c)      As promptly as practicable give notice to the Notice Holders,
the Initial Purchasers and the Special Counsel, if any, (i) when any Prospectus,
prospectus supplement, Registration Statement or post-effective amendment to a
Registration Statement has been filed with the SEC and, with respect to a
Registration Statement or any post-effective amendment, when the same has been
declared effective, (ii) of the issuance by the SEC or any other federal or
state governmental authority of any stop order suspending the effectiveness of
any Registration Statement or the initiation or threatening of any proceedings
for that purpose, (iii) of the receipt by the Issuer or any Guarantor of any
notification with respect to the suspension of the qualification or exemption
from qualification of any of the Registrable Securities for sale in any

                                       10

<PAGE>

jurisdiction or the initiation or threatening of any proceeding for such
purpose, (iv) of the occurrence of, but not the nature of or details concerning,
a Material Event and (v) of the determination by the Issuer or any Guarantor
that a post-effective amendment to a Registration Statement will be filed with
the SEC, which notice may, at the discretion of the Issuer or any Guarantor (or
as required pursuant to Section 3(h)), state that it constitutes a Deferral
Notice, in which event the provisions of Section 3(h) shall apply.

         (d)      Use their reasonable best efforts to obtain the withdrawal of
any order suspending the effectiveness of a Registration Statement or the
lifting of any suspension of the qualification (or exemption from qualification)
of any of the Registrable Securities for sale in any jurisdiction in which they
have been qualified for sale, in either case at the earliest possible moment,
and provide notice as promptly as practicable to each Notice Holder and the
Initial Purchasers of the withdrawal of any such order.

         (e)      As promptly as practicable furnish to each Notice Holder, the
Special Counsel, if any, and the Initial Purchasers, upon request and without
charge, at least one (1) conformed copy of the Registration Statement and any
amendment thereto, including exhibits and if requested, all documents
incorporated or deemed to be incorporated therein by reference.

         (f)      During the Effectiveness Period, deliver to each Notice
Holder, the Special Counsel, if any, and the Initial Purchasers, in connection
with any sale of Registrable Securities pursuant to a Registration Statement,
without charge, as many copies of the Prospectus or Prospectuses relating to
such Registrable Securities (including each preliminary prospectus) and any
amendment or supplement thereto as such Notice Holder may reasonably request;
and the Issuer and the Guarantors hereby consent (except during such periods
that a Deferral Notice is outstanding and has not been revoked) to the use of
such Prospectus or each amendment or supplement thereto by each Notice Holder in
connection with any offering and sale of the Registrable Securities covered by
such Prospectus or any amendment or supplement thereto in the manner set forth
therein.

         (g)      Prior to any public offering of the Registrable Securities
pursuant to a Registration Statement, use their reasonable best efforts to
register or qualify or cooperate with the Notice Holders and the Special
Counsel, if any, in connection with the registration or qualification (or
exemption from such registration or qualification) of such Registrable
Securities for offer and sale under the securities or Blue Sky laws of such
jurisdictions within the United States as any Notice Holder reasonably requests
in writing (which request may be included in the Notice and Questionnaire);
prior to any public offering of the Registrable Securities pursuant to the Shelf
Registration Statement, use their reasonable best efforts to keep each such
registration or qualification (or exemption therefrom) effective during the
Effectiveness Period in connection with such Notice Holder's offer and sale of
Registrable Securities pursuant to such registration or qualification (or
exemption therefrom) and do any and all other acts or things necessary or
advisable to enable the disposition in such jurisdictions of such Registrable
Securities in the manner set forth in the relevant Registration Statement and
the related Prospectus; provided that neither the Issuer nor any Guarantor will
be required to (i) qualify as a foreign corporation or as a dealer in securities
in any jurisdiction where it would not otherwise be required to qualify but for
this Agreement or (ii) take any action that would subject it to general service
of process in suits or to taxation in any such jurisdiction where it is not then
so subject.

                                       11

<PAGE>

         (h)      Upon (A) the issuance by the SEC of a stop order suspending
the effectiveness of the Shelf Registration Statement or the initiation of
proceedings with respect to the Shelf Registration Statement under Section 8(d)
or 8(e) of the Securities Act, (B) the occurrence of any event or the existence
of any fact (a "MATERIAL EVENT") as a result of which any Registration Statement
shall contain any untrue statement of a material fact or omit to state any
material fact required to be stated therein or necessary to make the statements
therein not misleading, or any Prospectus shall contain any untrue statement of
a material fact or omit to state any material fact required to be stated therein
or necessary to make the statements therein, in the light of the circumstances
under which they were made, not misleading, or (C) the occurrence or existence
of any pending or prospective corporate development that, in the reasonable
discretion of the Issuer, makes it appropriate to suspend the availability of
the Shelf Registration Statement and the related Prospectus:

                  (i)      in the case of clause (B) above, subject to the next
         sentence, as promptly as practicable prepare and file, if necessary
         pursuant to applicable law, a post-effective amendment to such
         Registration Statement or a supplement to the related Prospectus or any
         document incorporated therein by reference or file any other required
         document that would be incorporated by reference into such Registration
         Statement and Prospectus so that such Registration Statement does not
         contain any untrue statement of a material fact or omit to state any
         material fact required to be stated therein or necessary to make the
         statements therein not misleading, and such Prospectus does not contain
         any untrue statement of a material fact or omit to state any material
         fact required to be stated therein or necessary to make the statements
         therein, in the light of the circumstances under which they were made,
         not misleading, as thereafter delivered to the purchasers of the
         Registrable Securities being sold thereunder, and, in the case of a
         post-effective amendment to a Registration Statement, subject to the
         next sentence, use their reasonable best efforts to cause it to be
         declared effective as promptly as is practicable, and

                  (ii)     give notice to the Notice Holders, and the Special
         Counsel, if any, that the availability of the Shelf Registration
         Statement is suspended (a "DEFERRAL NOTICE") and, upon receipt of any
         Deferral Notice, each Notice Holder agrees not to sell any Registrable
         Securities pursuant to the Registration Statement until such Notice
         Holder's receipt of copies of the supplemented or amended Prospectus
         provided for in clause (i) above, or until it is advised in writing by
         Issuer that the Prospectus may be used, and has received copies of any
         additional or supplemental filings that are incorporated or deemed
         incorporated by reference in such Prospectus.

The Issuer and the Guarantors will use their reasonable best efforts to ensure
that the use of the Prospectus may be resumed (x) in the case of clause (A)
above, as promptly as is practicable, (y) in the case of clause (B) above, as
soon as, in the sole judgment of the Issuer, public disclosure of such Material
Event would not be prejudicial to or contrary to the interests of the Issuer or,
if necessary to avoid unreasonable burden or expense, as soon as practicable
thereafter and (z) in the case of clause (C) above, as soon as in the sole
judgment of the Issuer, such suspension is no longer appropriate. The Issuer
shall be entitled to exercise its rights under this Section 3(h) to suspend the
availability of the Shelf Registration Statement or any Prospectus, without
incurring or accruing any obligation to pay liquidated damages pursuant to
Section 2(e) (the "DEFERRAL PERIOD"); provided that the aggregate duration of
any Deferral Periods shall not exceed an

                                       12

<PAGE>

aggregate of 30 days in any three month period or an aggregate of 90 days in any
twelve (12) month period.

         (i)      If reasonably requested in writing in connection with a
disposition of Registrable Securities pursuant to a Registration Statement, make
reasonably available for inspection during normal business hours by a
representative for the Notice Holders of such Registrable Securities, any
broker-dealers, attorneys and accountants retained by such Notice Holders, and
any attorneys or other agents retained by a broker-dealer engaged by such Notice
Holders, all relevant financial and other records and pertinent corporate
documents and properties of LIN TV and its subsidiaries, and cause the
appropriate officers, directors and employees of LIN TV and its subsidiaries to
make reasonably available for inspection during normal business hours on
reasonable notice all relevant information reasonably requested by such
representative for the Notice Holders, or any such broker-dealers, attorneys or
accountants in connection with such disposition, in each case as is customary
for similar "due diligence" examinations; provided that such persons shall first
agree in writing with LIN TV that any information that is reasonably designated
by LIN TV as confidential at the time of delivery of such information shall be
kept confidential by such persons and shall be used solely for the purposes of
exercising rights under this Agreement, unless (i) disclosure of such
information is required by court or administrative order or is necessary to
respond to inquiries of regulatory authorities, (ii) disclosure of such
information is required by law (including any disclosure requirements pursuant
to federal securities laws in connection with the filing of any Registration
Statement or the use of any prospectus referred to in this Agreement), (iii)
such information becomes generally available to the public other than as a
result of a disclosure or failure to safeguard by any such person or (iv) such
information becomes available to any such person from a source other than the
Issuer or an Guarantor and such source is not bound by a confidentiality
agreement, and provided further that the foregoing inspection and information
gathering shall, to the greatest extent possible, be coordinated on behalf of
all the Notice Holders and the other parties entitled thereto by the counsel
referred to in Section 5. Any person legally compelled to disclose any such
confidential information made available for inspection shall provide the Issuer
with prompt prior written notice of such requirement so that the Issuer may seek
a protective order or other appropriate remedy.

         (j)      Comply with all applicable rules and regulations of the SEC
and make generally available to their securityholders earning statements (which
need not be audited) satisfying the provisions of Section 11 (a) of the
Securities Act and Rule 158 thereunder (or any similar rule promulgated under
the Securities Act) for a 12-month period commencing on the first day of the
first fiscal quarter of LIN TV commencing after the effective date of a
Registration Statement, which statements shall be made available no later than
45 days after the end of the 12-month period or 90 days if the 12month period
coincides with the fiscal year of LIN TV.

         (k)      Cooperate with each Notice Holder to facilitate the timely
preparation and delivery of certificates representing Registrable Securities
sold or to be sold pursuant to a Registration Statement, which certificates
shall not bear any restrictive legends, cause such Registrable Securities that
are Debentures to be in such denominations as are permitted by the Indenture and
cause such Registrable Securities to be registered in such names as such Notice
Holder may request, at least two (2) Business Day prior to any sale of such
Registrable Securities, in writing.

                                       13

<PAGE>

         (l)      Provide a CUSIP number for all Registrable Securities covered
by each Registration Statement not later than the effective date of such
Registration Statement and provide the Trustee and the transfer agent for the
Common Stock with printed certificates for the Registrable Securities that are
in a form eligible for deposit with The Depository Trust Company.

         (m)      Cooperate and assist in any filings required to be made with
the National Association of Securities Dealers, Inc.

         (n)      Upon (i) the filing of the Initial Shelf Registration
Statement and (ii) the effectiveness of the Initial Shelf Registration
Statement, announce the same, in each case by release to Reuters Economic
Services and Bloomberg Business News or other reasonable means of distribution.

         SECTION 4. Holder's Obligations. Each Holder agrees, by acquisition of
the Registrable Securities, that no Holder shall be entitled to sell any of such
Registrable Securities pursuant to a Registration Statement or to receive a
Prospectus relating thereto, unless such Holder has furnished the Issuer with a
Notice and Questionnaire as required pursuant to Section 2(d) hereof (including
the information required to be included in such Notice and Questionnaire) and
the information set forth in the next sentence. Each Notice Holder agrees
promptly to furnish to the Issuer all information required to be disclosed in
order to make the information previously furnished to the Issuer by such Notice
Holder not misleading and any other information regarding such Notice Holder and
the distribution of such Registrable Securities as the Issuer may from time to
time reasonably request. Any sale of any Registrable Securities by any Holder
shall constitute a representation and warranty by such Holder that the
information relating to such Holder and its plan of distribution is as set forth
in the Prospectus delivered by such Holder in connection with such disposition,
that such Prospectus does not as of the time of such sale contain any untrue
statement of a material fact relating to or provided by such Holder or its plan
of distribution and that such Prospectus does not as of the time of such sale
omit to state any material fact relating to or provided by such Holder or its
plan of distribution necessary to make the statements in such Prospectus, in the
light of the circumstances under which they were made, not misleading.

         SECTION 5. Registration Expenses. The Issuer shall bear all fees and
expenses incurred in connection with the performance by the Issuer and the
Guarantors of their obligations under Sections 2 and 3 of this Agreement whether
or not any Registration Statement is declared effective. Such fees and expenses
shall include, without limitation, (i) all registration and filing fees
(including, without limitation, fees and expenses (x) with respect to filings
required to be made with the National Association of Securities Dealers, Inc.
and (y) of compliance with federal and state securities or Blue Sky laws
(including, without limitation, reasonable fees and disbursements of the Special
Counsel, if any, in connection with Blue Sky qualifications of the Registrable
Securities under the laws of such jurisdictions as Notice Holders of a majority
of the Registrable Securities being sold pursuant to a Registration Statement
may designate), (ii) printing expenses (including, without limitation, expenses
of printing certificates for Registrable Securities in a form eligible for
deposit with The Depository Trust Company), (iii) duplication expenses relating
to copies of any Registration Statement or Prospectus delivered to any Holders
hereunder, (iv) fees and disbursements of counsel for the Issuer and the
Guarantors in connection with the Shelf Registration Statement, (v) reasonable
fees and disbursements of the Trustee and

                                       14

<PAGE>

its counsel and of the registrar and transfer agent for the Common Stock and
(vi) any Securities Act liability insurance obtained by the Issuer and the
Guarantors in their sole discretion. In addition, the Issuer shall pay the
internal expenses of the Issuer and the Guarantors (including, without
limitation, all salaries and expenses of officers and employees performing legal
or accounting duties), the expense of any annual audit, the fees and expenses
incurred in connection with the listing by LIN TV of the Registrable Securities
on any securities exchange on which similar securities of LIN TV are then listed
and the fees and expenses of any person, including special experts, retained by
the Issuer and the Guarantors. Notwithstanding the provisions of this Section 5,
each seller of Registrable Securities shall pay selling expenses, including any
underwriting discount and commissions, and all registration expenses to the
extent required by applicable law.

         SECTION 6. Indemnification and Contribution.

         (a)      Indemnification by the Guarantors and the Issuer. In the event
of a Registration Statement, each of the Issuer and the Guarantors shall,
jointly and severally, indemnify and hold harmless each Notice Holder, its
Affiliates, each person who controls such Holder or such Affiliates within the
meaning of the Securities Act or Exchange Act and their respective officers,
directors, employees, representatives and agents (collectively referred to for
purposes of this Section 6 as a "INDEMNIFIED HOLDER") from and against any loss,
claim, damage or liability, joint or several, or any action in respect thereof
(including, without limitation, any loss, claim, damage, liability or action
relating to purchases and sales of Registrable Securities), to which that
Indemnified Holder may become subject, whether commenced or threatened, under
the Securities Act, the Exchange Act, any other federal or state statutory law
or regulation, at common law or otherwise, insofar as such loss, claim, damage,
liability or action arises out of, or is based upon, (i) any untrue statement or
alleged untrue statement of a material fact contained in any such Registration
Statement or (ii) the omission or alleged omission to state therein a material
fact required to be stated therein or necessary in order to make the statements
therein, in the light of the circumstances under which they were made, not
misleading, and shall, jointly and severally, reimburse each Indemnified Holder
promptly upon demand for any legal or other expenses reasonably incurred by that
Indemnified Holder in connection with investigating or defending or preparing to
defend against or appearing as a third party witness in connection with any such
loss, claim, damage, liability or action as such expenses are incurred;
provided, however, that neither the Issuer nor any Guarantor shall be liable in
any such case to the extent that any such loss, claim, damage, liability or
action arises out of, or is based upon, an untrue statement or alleged untrue
statement in or omission or alleged omission from any of such documents in
reliance upon and in conformity with any information included in any
Registration Statement in reliance upon or in conformity with written
information furnished to the Issuer or LIN TV by or on behalf of any Holder
specifically for use therein; and provided further, however, that with respect
to any such untrue statement in or omission from any related preliminary
prospectus (as amended or supplemented) or, if amended or supplemented, any
related final prospectus (excluding the correcting amendment or supplement), the
indemnity agreement contained in this Section 6(a) shall not inure to the
benefit of any such Indemnified Holder from whom the person asserting any such
loss, claim, damage, liability or action received Registrable Securities to the
extent that such loss, claim, damage, liability or action of or with respect to
such Indemnified Holder results from the fact that both (A) a copy of the final
prospectus (together with any correcting amendments or supplements) was not sent
or given to

                                       15

<PAGE>

such person at or prior to the written confirmation of the sale of such
Registrable Securities to such person and (B) the untrue statement in or
omission from any related preliminary prospectus (as amended or supplemented)
or, if amended or supplemented, any related final prospectus (excluding the
correcting amendment or supplement) was corrected in the final prospectus or, if
applicable, an amendment or supplement thereto and the final prospectus (as
amended or supplemented) does not contain any other untrue statement or omission
or alleged untrue statement or omission of a material fact unless, in either
case, such failure to deliver the final prospectus was a result of
non-compliance by the Issuer or any Guarantor with Section 3(e) or 3(f).

         (b)      Indemnification by Holders. In the event of a Registration
Statement, each Holder, severally and not jointly, shall indemnify and hold
harmless each Guarantor and the Issuer, their respective Affiliates, each person
who controls any such Guarantor or the Issuer, as the case may be, or any such
Affiliates within the meaning of the Securities Act or Exchange Act and their
respective officers, directors, employees, representatives and agents
(collectively referred to for purposes of this Section 6(b) and Section 6(d) as
the "INDEMNIFIED ISSUERS"), from and against any loss, claim, damage or
liability, joint or several, or any action in respect thereof, to which the
Indemnified Issuers may become subject, whether commenced or threatened, under
the Securities Act, the Exchange Act, any other federal or state statutory law
or regulation, at common law or otherwise, insofar as such loss, claim, damage,
liability or action arises out of, or is based upon, (i) any untrue statement or
alleged untrue statement of a material fact contained in any such Registration
Statement or any prospectus forming part thereof or in any amendment or
supplement thereto or (ii) the omission or alleged omission to state therein a
material fact required to be stated therein or necessary in order to make the
statements therein, in the light of the circumstances under which they were
made, not misleading, but in each case only to the extent that the untrue
statement or alleged untrue statement or omission or alleged omission was made
in reliance upon and in conformity with any information included in any
Registration Statement in reliance upon or in conformity with written
information furnished to the Issuer or LIN TV by or on behalf of any Holder
specifically for use therein, and shall reimburse the Indemnified Issuers for
any legal or other expenses reasonably incurred by the Indemnified Issuers in
connection with investigating or defending or preparing to defend against or
appearing as a third party witness in connection with any such loss, claim,
damage, liability or action as such expenses are incurred; provided, however,
that no such Holder shall be liable for any indemnity claims hereunder in excess
of the amount of net proceeds received by such Holder from the sale of
Registrable Securities pursuant to such Registration Statement.

         (c)      Conduct of Indemnification Proceedings. Promptly after receipt
by an indemnified party under this Section 6 of notice of any claim or the
commencement of any action, the indemnified party shall, if a claim in respect
thereof is to be made against the indemnifying party pursuant to Section 6(a) or
6(b), notify the indemnifying party in writing of the claim or the commencement
of that action; provided, however, that the failure to notify the indemnifying
party shall not relieve it from any liability which it may have under this
Section 6 except to the extent that it has been materially prejudiced by such
failure; and provided further, however, that the failure to notify the
indemnifying party shall not relieve it from any liability which it may have to
an indemnified party otherwise than under this Section 6. If any such claim or
action shall be brought against an indemnified party, and it shall notify the
indemnifying party thereof, the indemnifying party shall be entitled to
participate therein and, to the extent that it

                                       16

<PAGE>

wishes, jointly with any other similarly notified indemnifying party, to assume
the defense thereof with counsel reasonably satisfactory to the indemnified
party. After notice from the indemnifying party to the indemnified party of its
election to assume the defense of such claim or action, the indemnifying party
shall not be liable to the indemnified party under this Section 6 for any legal
or other expenses subsequently incurred by the indemnified party in connection
with the defense thereof other than the reasonable costs of investigation;
provided, however, that an indemnified party shall have the right to employ its
own counsel in any such action, but the fees, expenses and other charges of such
counsel for the indemnified party will be at the expense of such indemnified
party unless (1) the employment of counsel by the indemnified party has been
authorized in writing by the indemnifying party, (2) the indemnified party has
reasonably concluded (based upon advice of counsel to the indemnified party)
that there may be legal defenses available to it or other indemnified parties
that are different from or in addition to those available to the indemnifying
party, (3) a conflict or potential conflict exists (based upon advice of counsel
to the indemnified party) between the indemnified party and the indemnifying
party (in which case the indemnifying party will not have the right to direct
the defense of such action on behalf of the indemnified party) or (4) the
indemnifying party has not in fact employed counsel reasonably satisfactory to
the indemnified party to assume the defense of such action within a reasonable
time after receiving notice of the commencement of the action, in each of which
cases the reasonable fees, disbursements and other charges of counsel will be at
the expense of the indemnifying party or parties. It is understood that the
indemnifying party or parties shall not, in connection with any proceeding or
related proceedings in the same jurisdiction, be liable for the reasonable fees,
disbursements and other charges of more than one separate firm of attorneys (in
addition to any local counsel) at any one time for all such indemnified party or
parties. Each indemnified party, as a condition of the indemnity agreements
contained in Sections 6(a) and 6(b), shall use all reasonable efforts to
cooperate with the indemnifying party in the defense of any such action or
claim. No indemnifying party shall be liable for any settlement of any such
action effected without its written consent (which consent shall not be
unreasonably withheld), but if settled with its written consent or if there be a
final judgment for the plaintiff in any such action, the indemnifying party
agrees to indemnify and hold harmless any indemnified party from and against any
loss or liability by reason of such settlement or judgment. No indemnifying
party shall, without the prior written consent of the indemnified party (which
consent shall not be unreasonably withheld), effect any settlement of any
pending or threatened proceeding in respect of which any indemnified party is or
could have been a party and indemnity could have been sought hereunder by such
indemnified party, unless such settlement includes an unconditional release of
such indemnified party from all liability on claims that are the subject matter
of such proceeding.

         (d)      Contribution. If the indemnification provided for in Section 6
is unavailable or insufficient to hold harmless an indemnified party under
Section 6(a) or 6(b), then each indemnifying party shall, in lieu of
indemnifying such indemnified party, contribute to the amount paid or payable by
such indemnified party as a result of such loss, claim, damage or liability, or
action in respect thereof, (i) in such proportion as shall be appropriate to
reflect the relative benefits received by LIN TV and the Issuer from the
offering and sale of the Registrable Securities, on the one hand, and a Holder
with respect to the sale by such Holder of Registrable Securities, on the other,
or (ii) if the allocation provided by clause (i) above is not permitted by
applicable law, in such proportion as is appropriate to reflect not only the
relative benefits referred to in clause (i) above but also the relative fault of
LIN TV and the Issuer on the one hand

                                       17

<PAGE>

and such Holder on the other with respect to the statements or omissions that
resulted in such loss, claim, damage or liability, or action in respect thereof,
as well as any other relevant equitable considerations. The relative benefits
received by the Issuer and the Guarantors shall be deemed to be equal to the
total net proceeds from the initial placement pursuant to the Purchase Agreement
(before deducting expenses) of the Registrable Securities to which such losses,
claims, damages or liabilities relate. The relative benefits received by any
Holder shall be deemed to be equal to the value of receiving Registrable
Securities that are registered under the Securities Act. The relative fault
shall be determined by reference to, among other things, whether the untrue or
alleged untrue statement of a material fact or the omission or alleged omission
to state a material fact relates to LIN TV, the Issuer or information supplied
by LIN TV or the Issuer, on the one hand, or to any information included in any
Registration Statement in reliance upon or in conformity with written
information furnished to the Issuer or LIN TV by or on behalf of any Holder
specifically for use therein supplied by such Holder, on the other, the intent
of the parties and their relative knowledge, access to information and
opportunity to correct or prevent such untrue statement or omission. The parties
hereto agree that it would not be just and equitable if contributions pursuant
to this Section 6(d) were to be determined by pro rata allocation or by any
other method of allocation that does not take into account the equitable
considerations referred to herein. The amount paid or payable by an indemnified
party as a result of the loss, claim, damage or liability, or action in respect
thereof, referred to above in this Section 6(d) shall be deemed to include, for
purposes of this Section 6(d), any legal or other expenses reasonably incurred
by such indemnified party in connection with investigating or defending or
preparing to defend any such action or claim. Notwithstanding the provisions of
this Section 6(d), an indemnifying party that is a Holder of Registrable
Securities shall not be required to contribute any amount in excess of the
amount by which the total price at which the Registrable Securities sold by such
indemnifying party to any purchaser exceeds the amount of any damages which such
indemnifying party has otherwise paid or become liable to pay by reason of any
untrue or alleged untrue statement or omission or alleged omission. No person
guilty of fraudulent misrepresentation (within the meaning of Section 11 (f) of
the Securities Act) shall be entitled to contribution from any person who was
not guilty of such fraudulent misrepresentation.

         (e)      The remedies provided for in this Section 6 are not exclusive
and shall not limit any rights or remedies which may otherwise be available to
an indemnified party at law or in equity, hereunder, under the Purchase
Agreement or otherwise.

         (f)      The indemnity and contribution provisions contained in this
Section 6 shall remain operative and in full force and effect regardless of (i)
any termination of this Agreement, (ii) any investigation made by or on behalf
of any Holder, any person controlling any Holder or any Affiliate of any Holder
or by or on behalf of LIN TV or the Issuer, their respective officers or
directors or any person controlling LIN TV or the Issuer and (iii) the sale of
any Registrable Securities by any Holder.

         SECTION 7. Information Requirements. Each of LIN TV and the Issuer
covenants that, if at any time before the end of the Effectiveness Period LIN TV
or the Issuer, as the case may be, is not subject to the reporting requirements
of the Exchange Act, it will cooperate with any Holder and take such further
reasonable action as any Holder may reasonably request in writing (including,
without limitation, making such reasonable representations as any such Holder
may

                                       18

<PAGE>

reasonably request), all to the extent required from time to time to enable such
Holder to sell Registrable Securities without registration under the Securities
Act within the limitation of the exemptions provided by Rule 144 and Rule 144A
under the Securities Act and customarily taken in connection with sales pursuant
to such exemptions. Upon the written request of any Holder, LIN TV or the
Issuer, as the case may be, shall deliver to such Holder a written statement as
to whether it has complied with such filing requirements, unless such a
statement has been included in LIN TV's or the Issuer's most recent report filed
pursuant to Section 13 or Section 15(d) of Exchange Act. Notwithstanding the
foregoing, nothing in this Section 7 shall be deemed to require LIN TV or the
Issuer to register any of its securities (other than the Common Stock) under any
section of the Exchange Act.

         SECTION 8. Miscellaneous.

         (a)      No Conflicting Agreements. The Issuer and each Guarantor
represents, warrants and agrees that (i) it has not entered into, and shall not,
on or after the date of this Agreement, enter into, any agreement that is
inconsistent with the rights granted to the Holders in this Agreement or
otherwise conflicts with the provisions hereof, (ii) it has not previously
entered into any agreement which remains in effect granting any registration
rights with respect to any of their debt securities to any person and (iii)
without limiting the generality of the foregoing, without the written consent of
the Holders of a majority of the then outstanding Underlying Common Stock
constituting Registrable Securities (with Holders of Debentures deemed to be the
Holders, for purposes of this Section, of the number of outstanding shares of
Underlying Common Stock into which such Debentures are or would be exchangeable
as of the date on which such consent is requested), it shall not grant to any
person the right to request the Issuer or any Guarantor to register any debt
securities of the Issuer or any such Guarantor under the Securities Act unless
the rights so granted are not in conflict or inconsistent with the provisions of
this Agreement.

         (b)      Amendments and Waivers. The provisions of this Agreement,
including the provisions of this sentence, may not be amended, modified or
supplemented, and waivers or consents to departures from the provisions hereof
may not be given, unless LIN TV has obtained the written consent of Holders of a
majority of the then outstanding Underlying Common Stock constituting
Registrable Securities (with Holders of Debentures deemed to be the Holders, for
purposes of this Section, of the number of outstanding shares of Underlying
Common Stock into which such Debentures are or would be exchangeable as of the
date on which such consent is requested). Notwithstanding the foregoing, a
waiver or consent to depart from the provisions hereof with respect to a matter
that relates exclusively to the rights of Holders whose securities are being
sold pursuant to a Registration Statement and that does not directly or
indirectly affect the rights of other Holders may be given by Holders of at
least a majority of the Registrable Securities being sold by such Holders
pursuant to such Registration Statement; provided that the provisions of this
sentence may not be amended, modified or supplemented except in accordance with
the provisions of the immediately preceding sentence.

         (c)      Notices. All notices and other communications provided for or
permitted hereunder shall be made in writing by hand delivery, by telecopier, by
courier guaranteeing overnight delivery or by first-class mail, and shall be
deemed given (i) when made, if made by hand delivery, (ii) upon confirmation, if
made by telecopier, (iii) one (1) Business Day after

                                       19

<PAGE>

being deposited with such courier, if made by overnight courier or (iv) five (5)
Business Days after being deposited in the mail, if made by first-class mail, to
the parties as follows:

                  (i)      if to a Holder, at the most current address given by
         such Holder to the Issuer in a Notice and Questionnaire or any
         amendment thereto;

                  (ii)     if to LIN TV, to:

                           LIN TV Corp.
                           Four Richmond Square, Suite 200
                           Providence, RI 02906
                           Attention: Deborah Jacobson
                           Telecopy No.: (401) 273-8779

                           and

                           LIN Television Corporation
                           Four Richmond Square, Suite 200
                           Providence, RI 02906
                           Attention: Deborah Jacobson
                           Telecopy No.: (401) 273-8779

                  (iii)    if to the Initial Purchasers, to:

                           Deutsche Bank Securities Inc.
                           31 West 52nd Street
                           New York, NY 10019
                           Attention: Elizabeth Chang
                           Telecopy No.: (646) 324-7551

or to such other address as such person may have furnished to the other persons
identified in this Section 8(c) in writing in accordance herewith.

         (d)      Approval of Holders. Whenever the consent or approval of
Holders of a specified percentage of Registrable Securities is required
hereunder, Registrable Securities held by LIN TV, the Guarantors or any of their
Affiliates (as such term is defined in Rule 405 under the Securities Act) (other
than the Initial Purchasers or subsequent Holders if such subsequent Holders are
deemed to be such Affiliates solely by reason of their holdings of such
Registrable Securities) shall not be counted in determining whether such consent
or approval was given by the Holders of such required percentage.

         (e)      Successors and Assigns. Any person who purchases any
Registrable Securities from the Initial Purchasers shall be deemed, for purposes
of this Agreement, to be an assignee of the Initial Purchasers. This Agreement
shall inure to the benefit of and be binding upon the successors and assigns of
each of the parties and shall inure to the benefit of and be binding upon each
Holder of any Registrable Securities, provided that nothing herein shall be
deemed to permit any assignment, transfer or other disposition of Registrable
Securities in violation of the terms of the Indenture. If any transferee of any
Holder shall acquire Registrable Securities, in

                                       20

<PAGE>

any manner, whether by operation of law or otherwise, such Registrable
Securities shall be held subject to all of the terms of this Agreement, and by
taking and holding such Registrable Securities, such person shall be
conclusively deemed to have agreed to be bound by and to perform all of the
terms and provisions of this Agreement and such person shall be entitled to
receive the benefits hereof.

         (f)      Counterparts. This Agreement may be executed in any number of
counterparts (which may be delivered in original form or by telecopier) and by
the parties hereto in separate counterparts, each of which when so executed
shall be deemed to be an original and all of which taken together shall
constitute one and the same agreement.

         (g)      Headings. The headings in this Agreement are for convenience
of reference only and shall not limit or otherwise affect the meaning hereof.

         (h)      Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO
CONFLICTS OF LAW PROVISIONS THEREOF TO THE EXTENT OF THE APPLICATION OF THE LAWS
OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.

         (i)      Severability. The remedies provided herein are cumulative and
not exclusive of any remedies provided by law. If any term, provision, covenant
or restriction of this Agreement is held by a court of competent jurisdiction to
be invalid, illegal, void or unenforceable, the remainder of the terms,
provisions, covenants and restrictions set forth herein shall remain in full
force and effect and shall in no way be affected, impaired or invalidated, and
the parties hereto shall use their reasonable best efforts to find and employ an
alternative means to achieve the same or substantially the same result as that
contemplated by such term, provision, covenant or restriction. It is hereby
stipulated and declared to be the intention of the parties that they would have
executed the remaining terms, provisions, covenants and restrictions without
including any of such that may be hereafter declared invalid, illegal, void or
unenforceable.

         (j)      Entire Agreement. This Agreement is intended by the parties as
a final expression of their agreement and is intended to be a complete and
exclusive statement of the agreement and understanding of the parties hereto in
respect of the subject matter contained herein and the registration rights
granted by the Issuer and the Guarantors with respect to the Registrable
Securities. Except as provided in the Purchase Agreement, there are no
restrictions, promises, warranties or undertakings, other than those set forth
or referred to herein, with respect to the registration rights granted by the
Issuer and the Guarantors with respect to the Registrable Securities. This
Agreement supersedes all prior agreements and undertakings among the parties
with respect to such registration rights. No party hereto shall have any rights,
duties or obligations other than those specifically set forth in this Agreement.
In no event will such methods of distribution take the form of an underwritten
offering of the Registrable Securities without the prior agreement of the Issuer
and the Guarantors.

         (k)      Termination. This Agreement and the obligations of the parties
hereunder shall terminate upon the end of the Effectiveness Period, except for
any liabilities or obligations under Section 4, 5 or 6 hereof and the
obligations to make payments of and provide for liquidated

                                       21

<PAGE>

damages under Section 2(e) hereof to the extent such damages accrue prior to the
end of the Effectiveness Period, each of which shall remain in effect in
accordance with its terms.

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

                             LIN TV CORP.

                             By: /s/ Denise M. Parent
                                 ----------------------------------------------
                                 Name: Denise M. Parent
                                 Title: Vice President - Deputy General Counsel

                                       22

<PAGE>

                             LIN TELEVISION CORPORATION

                             By: /s/ Denise M. Parent
                                 ----------------------------------------------
                                 Name: Denise M. Parent
                                 Title: Vice President - Deputy General Counsel

                                       23

<PAGE>

                             AIRWAVES, INC.
                             KXAN, INC.
                             KXTX HOLDINGS, INC.
                             LINBENCO, INC.
                             LIN SPORTS, INC.
                             LIN TELEVISION OF SAN JUAN, INC.
                             LIN TELEVISION OF TEXAS, INC.
                             PRIMELAND TELEVISION, INC.
                             NORTH TEXAS BROADCASTING
                               CORPORATION
                             WNJX-TV, INC.
                             WOOD TELEVISION, INC.
                             WTNH BROADCASTING, INC.
                             TVL BROADCASTING OF ABILENE, INC.
                             TVL BROADCASTING, INC.
                             WEYI TELEVISION, INC.
                              as Guarantors

                             By: /s/ Denise M. Parent
                                 ----------------------------------------------
                                 Name: Denise M. Parent
                                 Title: Vice President - Deputy General Counsel

                                       24

<PAGE>

                             TELEVICENTRO OF PUERTO RICO, LLC, as a
                               Guarantor

                             By: LIN Television of San Juan, Inc., its Managing
                                 Member

                             By: /s/ Denise M. Parent
                                 ----------------------------------------------
                                 Name: Denise M. Parent
                                 Title: Vice President - Deputy General Counsel

                                       25

<PAGE>

                             INDIANA BROADCASTING, LLC
                             LIN AIRTIME, LLC
                             PROVIDENCE BROADCASTING, LLC
                             WAVY BROADCASTING, LLC
                             WOOD LICENSE CO., LLC
                             WIVB BROADCASTING, LLC
                             WWLP BROADCASTING, LLC
                               as Guarantors

                             By: LIN Television Corporation, its Managing
                                 Member

                             By: /s/ Denise M. Parent
                                 ----------------------------------------------
                                 Name: Denise M. Parent
                                 Title: Vice President - Deputy General Counsel

                                       26

<PAGE>

                             LIN TELEVISION OF TEXAS, L.P. as a Guarantor

                             By: LIN Television of Texas, Inc., its General
                                 Partner

                             By: /s/ Denise M. Parent
                                 ----------------------------------------------
                                 Name: Denise M. Parent
                                 Title: Vice President - Deputy General Counsel

                                       27

<PAGE>

                             ABILENE BROADCASTING, LLC
                             TVL BROADCASTING OF RHODE ISLAND,
                               LLC
                             WDTN BROADCASTING, LLC
                             WEYI BROADCASTING, LLC
                             WUPW BROADCASTING, LLC
                             as Guarantors

                             By: TVL Broadcasting, Inc., its Managing Member

                             By: /s/ Denise M. Parent
                                 ----------------------------------------------
                                 Name: Denise M. Parent
                                 Title: Vice President - Deputy General Counsel

                                       28

<PAGE>

Confirmed and accepted as of
the date first above written:

DEUTSCHE BANK SECURITIES INC.

By: /s/ Gregory R. Paul
    -------------------------------
        Name: Gregory R. Paul
        Title: Managing Director

By: /s/ Thomas Prior
    ----------------------------------------
    Name: Thomas Prior
    Title: Managing Director

For itself and on behalf of the Initial Purchasers.

                                       29

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