Document:

<PAGE>   1

                                  EXHIBIT 10.2

                    FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT

This AMENDMENT TO EMPLOYMENT AGREEMENT (the "Fourth Amendment") made as of
January 1, 2001 between ARIAD Pharmaceuticals, Inc., a Delaware corporation (the
"Company"), and David Berstein, Esq. (the "Employee").

The Company and the Employee have entered into an Employment Agreement dated as
of August 3, 1993 as previously amended (the "Agreement"), and the parties
hereto desire to further amend certain provisions of the Agreement.

NOW, THEREFORE, in consideration of the premises set forth herein and for other
good and valuable consideration, the receipt of which is hereby acknowledged,
the parties hereto agree to further amend the Agreement as follows:

I.     TERM OF EMPLOYMENT. The first sentence of Section 2 is hereby amended to
       read as follows:

       "The term of the Employee's employment under the Agreement is hereby
       extended to December 31, 2003 (the "Term"), unless sooner terminated
       pursuant to Section 4 or 5 of this Agreement; PROVIDED, however, that
       this Agreement shall automatically be renewed for successive one-year
       terms (the Term and, if the period of employment is so renewed, such
       additional period(s) of employment are collectively referred to herein as
       the "Term") unless terminated by written notice given by either party to
       the other at least 90 days prior to the end of the applicable Term."

II.    COMPENSATION. Section 3.1 is hereby replaced and amended in its entirety
       as follows:

       "3.1. As full compensation for all services to be rendered pursuant to
       this Agreement, the Company agrees to pay the Employee, during the Term,
       a salary at the fixed rate of $221,000 per annum during the first year of
       the Term and increased each year thereafter, by amounts, if any, to be
       determined by the Board of Directors of the Company (the "Board") in its
       sole discretion, payable in equal semi-monthly installments, less such
       deductions or amounts to be withheld as shall be required by applicable
       law and regulations."

III.   DEFINITIONS. The definition of the Company's "Field of Interest" in
       Section 14(b) of the Agreement is hereby amended to read as follows:

       The "Company's Field of Interest" is the discovery, development and
       commercialization of (i) pharmaceutical products based on (a)
       intervention in signal transduction pathways and (b) gene and cell
       therapy, and (ii) technologies to regulate genes and proteins. The
       Company's Field of Interest may be changed at any time at the sole
       discretion of the Company.

IV.    This Amendment shall be governed by and construed and enforced in
       accordance with the laws of the Commonwealth of Massachusetts applicable
       to agreements made and to be performed entirely in Massachusetts.

V.     Except as modified by this Fourth Amendment, the Agreement remains in
       full force and effect and unchanged.

                                       1
<PAGE>   2

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

                                        ARIAD PHARMACEUTICALS, INC.

                                        By: /s/ Harvey J. Berger
                                            ------------------------------------
                                            Harvey J. Berger, M.D.
                                            Chairman and Chief Executive Officer

                                        EMPLOYEE

                                            /s/ David Berstein
                                            ------------------------------------
                                            David Berstein, Esq.

                                       2<PAGE>   1

                                                                    Exhibit 10.1

                                                                  CONFORMED COPY

                                    FOURTH AMENDMENT dated as of April 12, 2001
                           (this "Amendment"), to the Credit Agreement dated as
                           of March 3, 1998, as amended by the First Amendment
                           dated as of May 12, 1999, the Second Amendment dated
                           as of January 21, 2000, and the Third Amendment dated
                           as of February 9, 2000 (the "Credit Agreement"),
                           among LIN HOLDINGS CORP., a Delaware corporation
                           ("Holdings"), LIN TELEVISION CORPORATION, a Delaware
                           corporation (the "Borrower"), the Lenders (as defined
                           in the Credit Agreement), THE CHASE MANHATTAN BANK,
                           as administrative agent (in such capacity, the
                           "Administrative Agent") for the Lenders, as Swingline
                           Lender (as defined in the Credit Agreement) and as
                           Issuing Lender (as defined in the Credit Agreement),
                           Bank of America, N.A., as successor documentation
                           agent to National Westminster Bank PLC, and The Bank
                           of New York, as syndication agent.

               A. Pursuant to the Credit Agreement, the Lenders, the Swingline
Lender and the Issuing Lender have extended credit to the Borrower and have
agreed to extend credit to the Borrower, in each case pursuant to the terms and
subject to the conditions set forth therein.

               B. The Borrower and Holdings have requested that the
Administrative Agent, the Swingline Lender, the Issuing Lender and the Required
Lenders amend the Credit Agreement as set forth herein.

               C. The Administrative Agent, the Swingline Lender, the Issuing
Lender and the Required Lenders are willing to amend the Credit Agreement
pursuant to the terms and subject to the conditions set forth herein.

               D. Capitalized terms used and not otherwise defined herein shall
have the meanings assigned to them in the Credit Agreement.

               Accordingly, in consideration of the mutual agreements herein
contained and other good and valuable consideration, the sufficiency and receipt
of which are hereby acknowledged, the parties hereto agree as follows:

               SECTION 1. (a) Amendment to Section 1.1 of the Credit Agreement
(Defined Terms). (i) Section 1.1 of the Credit Agreement is hereby amended by
inserting in the appropriate alphabetical order the following:

               "Additional Senior Subordinated Notes": any notes issued by the
Borrower on terms substantially similar (other than with regard to pricing) to
those of the Senior Subordinated Notes after the Closing Date (and shall include
any substantially identical senior subordinated notes of the Borrower in the
same aggregate principal amount issued thereafter in exchange therefor pursuant
to a registered exchange offer or shelf registration statement in accordance
with any applicable indenture).

<PAGE>   2
                                                                               2

               "Effective Date": the date on which the conditions specified in
Section 4 of the Fourth Amendment dated as of April 12, 2001, to this Agreement
are satisfied.

               (ii) Section 1.1 of the Credit Agreement is hereby amended by
amending and restating the definitions of "Applicable Margin", "Incremental Term
Loan Termination Date" and "Senior Subordinated Indebtedness" in their entirety
to read as follows:

               "Applicable Margin": (a) for all Loans, other than Incremental
Term Loans, the Applicable Margin as determined pursuant to the Pricing Grid,
(b) with respect to Incremental Term Loans outstanding as of April 12, 2001, the
Applicable Margin as determined pursuant to Schedule 1.1E, and (c) with respect
to Incremental Term Loans made after April 12, 2001, the rate per annum for
Incremental Term Loans agreed to, or the rate per annum determined pursuant to a
pricing grid agreed to, by the Borrower and the applicable Incremental Lenders
in the applicable Incremental Term Loan Activation Notice.

               "Incremental Term Loan Termination Date": December 31, 2003.

               "Senior Subordinated Indebtedness": the Senior Subordinated
Notes, the Additional Senior Subordinated Notes and any unsecured senior
subordinated Indebtedness of the Borrower the proceeds of which shall be used to
refinance in full all of the Senior Subordinated Notes, the Additional Senior
Subordinated Notes or other Senior Subordinated Indebtedness outstanding,
provided such refinancing Indebtedness has (a) no maturity, amortization,
mandatory redemption or purchase option (other than with asset sale proceeds,
subject to the provisions of this Agreement, or following a change of control)
or sinking fund payment prior to the tenth anniversary of the Closing Date, (b)
no financial maintenance covenants, (c) such other terms and conditions
(including without limitation, interest rate, events of default, subordination
and covenants) as shall be reasonably satisfactory to the Administrative Agent
and (d) any permanent refinancing shall not be less favorable to the Borrower
and the Lenders as the Senior Subordinated Notes or the Additional Senior
Subordinated Notes, respectively, taken as a whole.

               (iii) The definition of "Excess Cash Flow" in Section 1.1 of the
Credit Agreement is hereby amended by deleting the word "and" at the end of
clause (vii), inserting the word "and" at the end of clause (viii) and inserting
the following immediately after clause (viii) of such definition: "(ix) the
amount of payments from the Borrower to Holdings permitted by clause (a)(vi) of
subsection 7.6;".

               (iv) The definition of "Pricing Grid" in Section 1.1 of the
Credit Agreement is hereby amended by replacing the two tables therein in their
entirety with the following:

                         Tranche A Term Loans, Revolving
                        Credit Loans and Swingline Loans
         (prior to the issuance of Additional Senior Subordinated Notes
              with total gross proceeds in excess of $150,000,000)

<PAGE>   3
                                                                               3

<TABLE>
<CAPTION>

                                                                                            Revolving/
                                                    Applicable            Applicable        Tranche A
                                                    Margin for            Margin for    Term Loan Facility
Consolidated Leverage Ratio                      Eurodollar Loans          ABR Loans      Commitment Fee
<S>                                                   <C>                    <C>              <C>
Level 1:          Greater than or equal to            2.25%                  1.25%            0.500%
                  6.50 to 1.00
Level 2:          Greater than or equal to
                  6.00 to 1.00 and less               2.00%                  1.00%            0.375%
                  than 6.50 to 1.00
Level 3:          Greater than or equal to
                  5.50 to 1.00 and less               1.75%                  0.75%            0.375%
                  than 6.00 to 1.00
Level 4:          Greater than or equal to
                  5.00 to 1.00 and less               1.50%                  0.50%            0.375%
                  than 5.50 to 1.00
Level 5:          Greater than or equal to
                  4.50 to 1.00 and less               1.25%                  0.25%            0.375%
                  than 5.00 to 1.00
Level 6:          Less than 4.50 to 1.00              1.00%                  0.00%            0.250%
</TABLE>

                         Tranche A Term Loans, Revolving
                        Credit Loans and Swingline Loans
         (following the issuance of Additional Senior Subordinated Notes
              with total gross proceeds in excess of $150,000,000)

<TABLE>
<CAPTION>
                                                                                            Revolving/
                                                    Applicable            Applicable        Tranche A
                                                    Margin for            Margin for   Term Loan Facility
Consolidated Leverage Ratio                      Eurodollar Loans          ABR Loans     Commitment Fee
<S>               <C>                                <C>                     <C>              <C>
Level 1:          Greater than or equal to           2.00%                   1.00%            0.500%
                  6.50 to 1.00
Level 2:          Greater than or equal to
                  6.00 to 1.00 and less              1.75%                   0.75%            0.375%
                  than 6.50 to 1.00
Level 3:          Greater than or equal to
                  5.50 to 1.00 and less              1.50%                   0.50%            0.375%
                  than 6.00 to 1.00
Level 4:          Greater than or equal to
                  5.00 to 1.00 and less              1.25%                   0.25%            0.375%
                  than 5.50 to 1.00
Level 5:          Greater than or equal to
                  4.50 to 1.00 and less              1.00%                   0.00%            0.375%
                  than 5.00 to 1.00
Level 6:          Less than 4.50 to 1.00             0.75%                   0.00%            0.250%
</TABLE>

<PAGE>   4
                                                                               4

                              Tranche B Term Loans
         (prior to the issuance of Additional Senior Subordinated Notes
              with total gross proceeds in excess of $150,000,000)

<TABLE>
<CAPTION>
                                                      Applicable                     Applicable
                                                      Margin for                     Margin for
Consolidated Leverage Ratio                        Eurodollar Loans                   ABR Loans
<S>               <C>                                     <C>                            <C>
Level 1:          Greater than or equal to                2.50%                          1.50%
                  6.50 to 1.00
Level 2:          Greater than or equal to
                  6.00 to 1.00 and less                   2.25%                          1.25%
                  than 6.50 to 1.00
Level 3:          Greater than or equal to
                  5.50 to 1.00 and less                   2.25%                          1.25%
                  than 6.00 to 1.00
Level 4:          Greater than or equal to
                  5.00 to 1.00 and less                   2.00%                          1.00%
                  than 5.50 to 1.00
Level 5:          Greater than or equal to
                  4.50 to 1.00 and less                   2.00%                          1.00%
                  than 5.00 to 1.00
Level 6:          Less than 4.50 to 1.00                  2.00%                          1.00%
</TABLE>

                              Tranche B Term Loans
         (following the issuance of Additional Senior Subordinated Notes
              with total gross proceeds in excess of $150,000,000)

<TABLE>
<CAPTION>
                                                      Applicable                     Applicable
                                                      Margin for                     Margin for
Consolidated Leverage Ratio                        Eurodollar Loans                   ABR Loans

<S>               <C>                                     <C>                            <C>
Level 1:          Greater than or equal to                2.25%                          1.25%
                  6.50 to 1.00
Level 2:          Greater than or equal to
                  6.00 to 1.00 and less                   2.00%                          1.00%
                  than 6.50 to 1.00
Level 3:          Greater than or equal to
                  5.50 to 1.00 and less                   2.00%                          1.00%
                  than 6.00 to 1.00
Level 4:          Greater than or equal to
                  5.00 to 1.00 and less                   1.75%                           .75%
                  than 5.50 to 1.00
Level 5:          Greater than or equal to
                  4.50 to 1.00 and less                   1.75%                           .75%
                  than 5.00 to 1.00
Level 6:          Less than 4.50 to 1.00                  1.75%                           .75%
</TABLE>

               (b) Amendment to Section 2.1 of the Credit Agreement (Term
Commitments). Paragraph (b) of Section 2.1 of the Credit Agreement is hereby
amended by (i) replacing the words "up to five times during the period from and
including the Closing Date" with the words: "up to five times during the period
from and including the Effective Date"; and (ii) amending and

<PAGE>   5
                                                                               5

restating the final sentence in its entirety to read as follows:
"Notwithstanding the foregoing, the aggregate amount of Incremental Term Loans
shall not exceed $387,500,000; provided, that of such amount, up to $125,000,000
(the "Upstream Amount") shall be used solely to make the payment contemplated by
subsection 7.6(a)(vi); provided further, that if the Borrower issues Additional
Senior Subordinated Notes, the proceeds of which are applied as provided in
subsection 2.9(a) hereof (such proceeds, the "Escrowed Amount"), then the
availability of the Upstream Amount shall be reduced by an amount equal to the
Escrowed Amount."

               (c) Amendment to Section 2.2 of the Credit Agreement (Procedures
for Term Loan Borrowing). Paragraph (b) of Section 2.2 of the Credit Agreement
is hereby amended by replacing the words "no more than five borrowings under the
Incremental Term Loan Facility" with the words: "no more than a total of seven
borrowings under the Incremental Term Loan Facility".

               (d) Amendment to Section 2.3 of the Credit Agreement (Repayment
of Term Loans). Section 2.3 of the Credit Agreement is hereby amended by
inserting the following immediately after paragraph (c):

               "(d) The Incremental Term Loans made after the Effective Date, if
          any, of each Incremental Lender shall mature in consecutive quarterly
          installments as specified in the Incremental Term Loan Activation
          Notice pursuant to which such Incremental Term Loans were made,
          provided that such Incremental Term Loans shall have a longer average
          weighted life than that of the outstanding Term Loans and such
          Incremental Term Loans, taken as a whole."

               (e) Amendment to Section 2.9 of the Credit Agreement (Mandatory
Prepayments and Commitment Reductions). Paragraph (a) of Section 2.9 of the
Credit Agreement is hereby amended by adding the following at the end of such
paragraph: "Notwithstanding the foregoing, upon the issuance of Additional
Senior Subordinated Notes during the one-year period from March 1, 2002 to
February 28, 2003 (i) the proceeds therefrom, up to a total aggregate amount of
$125,000,000 during such one-year period, shall be placed in an escrow account
(the "Escrow Account") established with, and in the name of, the Administrative
Agent, and the Escrow Account will be under the sole dominion and control of the
Administrative Agent; and (ii) on March 1, 2003, all funds in the Escrow Account
shall be applied to redeem the Holdings Discount Notes required to be redeemed
on such date and the excess funds in the Escrow Account, if any, shall be
applied as provided in the preceding sentence, as though such excess funds were
proceeds of an Incurrence of Indebtedness."

               (f) Amendment to Section 7.1 of the Credit Agreement (Financial
Condition Covenants). Section 7.1 of the Credit Agreement is hereby amended and
restated in its entirety to read as follows:

<PAGE>   6
                                                                               6

               7.1 Financial Condition Covenants. (a) Consolidated Leverage
Ratio. Permit the Consolidated Leverage Ratio as of the last day of any Test
Period set forth below to exceed the ratio set forth below opposite such period:

<TABLE>
<CAPTION>
Period                                        Consolidated Leverage Ratio

<S>                                                       <C>
Effective Date to 6/30/02                                 6.75x
7/01/02 to 12/31/02                                       6.40x
1/01/03 to 3/31/04                                        5.90x
4/01/04 and thereafter                                    5.00x
</TABLE>

               (b) Consolidated Interest Coverage Ratio. Permit the Consolidated
Interest Coverage Ratio as of the last day of any Test Period set forth below to
be less than the ratio set forth below opposite such period:

<TABLE>
<CAPTION>
                                                  Consolidated Interest
Period                                               Coverage Ratio

<S>                                                       <C>
Effective Date to 12/31/01                                1.70x
1/01/02 to 6/30/02                                        1.75x
7/01/02 to 12/31/02                                       1.85x
1/01/03 and thereafter                                    2.00x
</TABLE>

               (c) Consolidated Fixed Charge Coverage Ratio. Permit the
Consolidated Fixed Charge Coverage Ratio as at the completion of any Test Period
to be less than 1.05x.

               (d) Consolidated Senior Leverage Ratio. Permit the Consolidated
Senior Leverage Ratio as of the last day of any Test Period set forth below to
exceed the ratio set forth below opposite such period:

<TABLE>
<CAPTION>
                                            Consolidated Senior Leverage Ratio
                                           (prior to the issuance of Additional
                                           Senior Subordinated Notes with total
             Period                      gross proceeds in excess of $150,000,000)

<S>                                                        <C>
Effective Date to 6/30/01                                  5.00x
7/01/01 to 6/30/02                                         4.75x
7/01/02 to 6/30/03                                         4.50x
7/01/03 and thereafter                                     4.00x
</TABLE>

<TABLE>
<CAPTION>
                                            Consolidated Senior Leverage Ratio
                                           (following the issuance of Additional
                                           Senior Subordinated Notes with total
             Period                      gross proceeds in excess of $150,000,000)

<S>                                                        <C>
Effective Date to 6/30/01                                  4.50x
7/01/01 to 6/30/03                                         4.25x
7/01/03 and thereafter                                     3.75x
</TABLE>

<PAGE>   7
                                                                               7

               (g) Amendment to Section 7.2 of the Credit Agreement (Limitation
on Indebtedness). (i) Subparagraph (g)(i) of Section 7.2 of the Credit Agreement
is hereby amended by replacing "$200,000,000" with "$650,000,000".

               (ii) Subparagraph (g) of Section 7.2 of the Credit Agreement is
hereby amended by amending and restating clause (ii) in its entirety to read as
follows: "Holdings Discount Indebtedness in an aggregate principal amount at
maturity not to exceed $200,000,000, after giving effect to any payment made
pursuant to subsection 7.6(a)(vi) and"

               (iii) Subparagraph (g)(iii)(A) of Section 7.2 of the Credit
Agreement is hereby amended by adding the words: "or Additional Senior
Subordinated Notes" immediately after the words "Senior Subordinated Notes".

               (iv) Subparagraph (g)(iii)(B)(III) of Section 7.2 of the Credit
Agreement is hereby amended by adding the words: "or any Additional Senior
Subordinated Notes indenture" immediately after the words "Senior Subordinated
Notes Indenture".

               (h) Amendment to Section 7.6 of the Credit Agreement (Limitation
on Dividends). Subparagraph (a)(vi) of Section 7.6 of the Credit Agreement is
hereby amended by replacing the words "after the fifth anniversary of the
Closing Date" with the words: "on or after March 1, 2003".

               (i) Amendment to Section 7.7 of the Credit Agreement (Limitation
on Capital Expenditures). Paragraph (a) of Section 7.7 of the Credit Agreement
is hereby amended by replacing "$30,000,000" with "$35,000,000".

               (j) Amendment to Section 7.8 of the Credit Agreement (Limitation
on Investments, Loans and Advances). Paragraph (l) of Section 7.8 of the Credit
Agreement is hereby amended by inserting the words "(i) Investments listed on
Schedule 7.8(l) and extensions, renewals, modifications or restatements or
replacements thereof, provided that no such extension, renewal, modification or
restatement shall (A) increase the amount of the original loan, advance or
Investment or (B) adversely affect the interests of the Lenders with respect to
such original loan, advance or Investment or the interests of the Lenders under
this Agreement or any other Loan Document in any material respect; and (ii)" at
the beginning of such paragraph.

               (k) Amendment to Section 7.9 of the Credit Agreement (Limitation
Optional Payments and Modifications of Debt Instruments). Paragraph (a) of
Section 7.9 of the Credit Agreement is hereby amended by replacing the words
"after the fifth anniversary of the Closing Date" with the words: "on or after
March 1, 2003".

               (l) Schedule 7.8(l) in the form attached hereto shall be added to
the Credit Agreement.

<PAGE>   8
                                                                               8

               SECTION 2. Representations and Warranties. Each of Holdings and
the Borrower represents and warrants to the Administrative Agent, the Swingline
Lender, the Issuing Lender and to each of the Lenders that:

               (a) This Amendment has been duly authorized, executed and
          delivered by it and constitutes its legal, valid and binding
          obligation, enforceable in accordance with its terms, subject to
          applicable bankruptcy, insolvency, reorganization, moratorium or other
          laws affecting creditors' rights generally and subject to general
          principles of equity, regardless of whether considered in a proceeding
          in equity or at law, and an implied covenant of good faith and fair
          dealing.

               (b) Before and after giving effect to this Amendment, the
          representations and warranties set forth in Section 4 of the Credit
          Agreement are true and correct in all material respects on and as of
          the Effective Date (as defined in Section 4 hereof), except to the
          extent such representations and warranties expressly relate to an
          earlier date, in which case such representations and warranties are,
          to such extent, true and correct in all material respects as of such
          earlier date.

               (c) After giving effect to this Amendment, no Default or Event of
          Default has occurred and is continuing.

               SECTION 3. Fees. In consideration of the agreements of the
Required Lenders contained in Section 1 of this Amendment, the Borrower agrees
to pay to the Administrative Agent, for the account of each Lender that delivers
an executed counterpart to this Amendment to the Credit Agreement prior to 5:00
p.m., New York City time, on April 12, 2001, an amendment fee in an amount equal
to 0.15% of the sum of (a) the aggregate unpaid principal amount of Term Loans
made by such Lender as of 5:00 p.m., New York City time, on April 12, 2001, and
(b) of such Lender's Revolving Commitment in effect as of 5:00 p.m., New York
City time, on April 12, 2001.

               SECTION 4. Conditions to Effectiveness. This Amendment shall
become effective on the date (the "Effective Date") that (a) the representations
and warranties set forth in Section 2 hereof are true and correct, (b) the fees
and expenses referred to in Section 3 and Section 8 hereof, respectively, shall
have been paid, (c) the Administrative Agent shall have received a legal opinion
of Weil, Gotshal & Manges LLP, counsel to the Loan Parties, reasonably
satisfactory to it and (d) the Administrative Agent shall have received
counterparts of this Amendment that, when taken together, bear the signatures of
Holdings, the Borrower, the Swingline Lender, the Issuing Lender and the
Required Lenders.

               SECTION 5. Effect of this Amendment. Except as expressly set
forth herein, this Amendment shall not by implication or otherwise limit,
impair, constitute a waiver of, or otherwise affect the rights and remedies of
the Lenders, the Swingline Lender, the Issuing Lender or the Administrative
Agent under the Credit Agreement or any other Loan Document and shall not alter,
modify, amend or in any way affect any of the terms, conditions, obligations,
covenants or agreements contained in the Credit Agreement or any other Loan
Document, all of which are ratified and affirmed in all respects and shall
continue in full force and effect. Nothing herein shall be deemed to entitle the
Borrower or Holdings to a consent to, or a waiver, amendment, modification or
other change of, any of the terms, conditions, obligations, covenants or
agreements contained in the Credit Agreement or any other Loan Document in
similar or different circumstances. After the date hereof, any reference to the
Credit Agreement shall mean the

<PAGE>   9
                                                                               9

Credit Agreement as amended hereby. This Amendment shall constitute a Loan
Document for all purposes under the Credit Agreement and the other Loan
Documents.

               SECTION 6. APPLICABLE LAW. THIS AMENDMENT SHALL BE GOVERNED BY,
AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

               SECTION 7. Counterparts. This Amendment may be executed in any
number of counterparts and by different parties hereto in separate counterparts,
each of which when so executed and delivered shall be deemed an original, but
all such counterparts together shall constitute but one and the same instrument.
Delivery of any executed counterpart of a signature page of this Amendment by
facsimile transmission shall be as effective as delivery of a manually executed
counterpart hereof.

               SECTION 8. Expenses. The Borrower agrees to reimburse the
Administrative Agent for its out-of-pocket expenses in connection with this
Amendment, including the reasonable fees, charges and disbursements of Cravath,
Swaine & Moore, counsel for the Administrative Agent.

<PAGE>   10
                                                                              10

               IN WITNESS WHEREOF, the parties hereto have caused this Amendment
to be duly executed by their respective authorized officers as of the day and
year first above written.

                    LIN HOLDINGS CORP.,

                       by

                         /s/          Deborah R. Jacobson
                         ------------------------------------------------
                         Name:        Deborah R. Jacobson
                         Title:       Vice President
                                      Corporate Development
                                      & Treasurer

                    LIN TELEVISION CORPORATION,

                       by

                         /s/          Deborah R. Jacobson
                         ------------------------------------------------
                         Name:        Deborah R. Jacobson
                         Title:       Vice President
                                      Corporate Development
                                      & Treasurer

                    THE CHASE MANHATTAN BANK,
                    individually and as Administrative Agent,
                    Swingline Lender and Issuing Lender,

                       by

                         /s/          Tracey Navin Ewing
                         ------------------------------------------------
                         Name:        Tracey Navin Ewing
                         Title:       Vice President

                    FLEET NATIONAL BANK,

                       by

                         /s/          Julie V. Jalelian
                         ------------------------------------------------
                         Name:        Julie V. Jalelian
                         Title:       Managing Director

                    THE BANK OF NEW YORK,

                       by

                         /s/          John R. Ciulla
                         ------------------------------------------------
                         Name:        John R. Ciulla
                         Title:       Vice President

<PAGE>   11
                                                                              11

                               THE BANK OF NOVA SCOTIA,

                                  by

                                    /s/          Paul A. Weissenberger
                                    --------------------------------------------
                                    Name:        Paul A. Weissenberger
                                    Title:       Authorized Signatory

                               BANK OF AMERICA, N.A.,

                                  by

                                    /s/          Todd Shipley
                                    --------------------------------------------
                                    Name:        Todd Shipley
                                    Title:       Managing Director

                               NATIONAL WESTMINSTER BANK PLC,

                                  by

                                    /s/          Andrew S. Weinberg
                                    --------------------------------------------
                                    Name:        Andrew S. Weinberg
                                    Title:       Senior Vice President

                               THE MITSUBISHI TRUST AND BANKING CORPORATION,

                                  by

                                    /s/          Toshihiro Hayashi
                                    --------------------------------------------
                                    Name:        Toshihiro Hayashi
                                    Title:       Senior Vice President

                               VAN KAMPEN PRIME RATE INCOME TRUST,
                                  by:     Van Kampen Investment Advisory Corp.,

                                  by

                                    /s/          Howard Tiffen
                                    --------------------------------------------
                                    Name:        Howard Tiffen
                                    Title:       Senior Vice President

<PAGE>   12
                                                                              12

                                   BHF (USA) CAPITAL CORPORATION,

                                      by

                                        /s/          Jennifer M. Li
                                        ----------------------------------------
                                        Name:        Jennifer M. Li
                                        Title:       Associate

                                      by

                                        /s/          Hans J. Scholz
                                        ----------------------------------------
                                        Name:        Hans J. Scholz
                                        Title:       Vice President

                                   SEQUILS IV, LTD,
                                      by:     TCW Advisors, Inc. as its
                                              Collateral Manager
                                        by
                                             /s/     Mark L. Gold
                                             -----------------------------------
                                             Name:   Mark L. Gold
                                          Title:     Managing Director

                                      by

                                        /s/          Jonathan R. Insull
                                        ----------------------------------------
                                        Name:        Jonathan R. Insull
                                        Title:       Senior Vice President

                                   UNITED OF OMAHA LIFE INSURANCE COMPANY,
                                      by:   TCW Asset Management Company,
                                           its Investment Advisor,

                                          by

                                            /s/      Mark L. Gold
                                            ------------------------------------
                                            Name:    Mark L. Gold
                                            Title:   Managing Director

                                          by

                                            /s/      Jonathan R. Insull
                                            ------------------------------------
                                            Name:    Jonathan R. Insull
                                            Title:   Senior Vice President

<PAGE>   13
                                                                              13

                              CONTINENTAL ASSURANCE COMPANY,
                              Separate Account (E),
                                 by:   TCW Asset Management Company,
                                      as Attorney-in-Fact,

                                     by

                                       /s/      Mark. L. Gold
                                       -----------------------------------------
                                       Name:    Mark L. Gold
                                       Title:   Managing Director

                                     by

                                       /s/      Jonathan R. Insull
                                       -----------------------------------------
                                       Name:    Jonathan R. Insull
                                       Title:   Senior Vice President

                              GENERAL ELECTRIC CAPITAL CORPORATION,

                                 by

                                   /s/          Karl Kieffer
                                   ---------------------------------------------
                                   Name:        Karl Kieffer
                                   Title:       Duly Authorized Signatory

                              ADDISON CDO, LIMITED (ACCT. 1279),
                                 by:   Pacific Investment Management Company
                                       LLC,  as its Investment Advisor,

                                     by

                                       /s/      Mohan V. Phansalkar
                                       -----------------------------------------
                                       Name:    Mohan V. Phansalkar
                                       Title:   Executive Vice President

                              ATHENA CDO, LIMITED (ACCT. 1277),
                                 by:   Pacific Investment Management Company
                                       LLC, as its Investment Advisor,

                                     by

                                       /s/      Mohan V. Phansalkar
                                       -----------------------------------------
                                       Name:    Mohan V. Phansalkar
                                       Title:   Executive Vice President

<PAGE>   14
                                                                              14

                                     CAPTIVA IV FINANCE LTD. (ACCT. 1275),
                                     as advised by Pacific Investment Management
                                     Company LLC,

                                        by

                                          /s/          David Dyer
                                          --------------------------------------
                                          Name:        David Dyer
                                          Title:       Director

                                     JISSEKIKUN FUNDING, LTD. (ACCT. 1288),
                                        by:   Pacific Investment Management
                                              Company LLC, as its Investment
                                              Advisor,

                                        by

                                          /s/      Mohan V. Phansalkar
                                          --------------------------------------
                                          Name:    Mohan V. Phansalkar
                                          Title:   Executive Vice President

                                     BNP PARIBAS,

                                        by

                                          /s/          Ted Koerner
                                          --------------------------------------
                                          Name:        Ted Koerner
                                          Title:       Director

                                        by

                                          /s/          Gregg Bonardi
                                          --------------------------------------
                                          Name:        Gregg Bonardi
                                          Title:       Director

                                                       Media and Telecom Finance

                                     THE DAI-ICHI KANGYO BANK, LTD.,

                                        by

                                          /s/          Daniel Guevara
                                          --------------------------------------
                                          Name:        Daniel Guevara
                                          Title:       Vice President

<PAGE>   15
                                                                              15

                                   NATEXIS BANQUES POPULAIRES,

                                      by

                                        /s/          Evan S. Kraus
                                        ----------------------------------------
                                        Name:        Evan S. Kraus
                                        Title:       Vice President

                                      by

                                        /s/          Cynthia E. Sachs
                                        ----------------------------------------
                                        Name:        Cynthia E. Sachs
                                        Title:       Vice President
                                                     Group Manager

                                   SUNTRUST BANK,

                                      by

                                        /s/          Kimberly S. Evans
                                        ----------------------------------------
                                        Name:        Kimberly S. Evans
                                        Title:       Director

                                   SUMITOMO MITSUI BANKING CORPORATION,

                                      by

                                        /s/          Suresh S. Tata
                                        ----------------------------------------
                                        Name:        Suresh S. Tata
                                        Title:       Senior Vice President

                                   PNC BANK, NATIONAL ASSOCIATION,

                                      by

                                        /s/          Steven J. McGehrin
                                        ----------------------------------------
                                        Name:        Steven J. McGehrin
                                        Title:       Vice President

                                   METROPOLITAN LIFE INSURANCE COMPANY,

                                      by

                                        /s/          James R. Dingler
                                        ----------------------------------------
                                        Name:        James R. Dingler
                                        Title:       Director

<PAGE>   16
                                                                              16

                                   DRESDNER BANK AG, NEW YORK AND GRAND CAYMAN
                                   BRANCHES,

                                      by

                                        /s/          Brian Schneider
                                        ----------------------------------------
                                        Name:        Brian Schneider
                                        Title:       Assistant Vice President

                                      by

                                        /s/          Michael S. Greenberg
                                        ----------------------------------------
                                        Name:        Michael S. Greenberg
                                        Title:       Assistant Vice President

                                   BALANCED HIGH-YIELD FUND I, LTD.,
                                      by:   ING Capital Advisors LLC,
                                           as Asset Manager,

                                      by

                                        /s/          Jonathan David
                                        ----------------------------------------
                                        Name:        Jonathan David
                                        Title:       Vice President

                                   BANK OF HAWAII,

                                      by

                                        /s/          Luke Yeh
                                        ----------------------------------------
                                        Name:        Luke Yeh
                                        Title:       Vice President

                                   FIRST HAWAIIAN BANK,

                                      by

                                        /s/          Shannon Sansevero
                                        ----------------------------------------
                                        Name:        Shannon Sansevero
                                        Title:       Media Finance Officer

                                   WINGED FOOT FUNDING TRUST,

                                      by

                                        /s/          Ann E. Morris
                                       -----------------------------------------
                                        Name:        Ann E. Morris
                                        Title:       Authorized Agent

<PAGE>   17
                                                                              17

                                   KZH CNC LLC,

                                      by

                                        /s/          Kimberly Rowe
                                        ----------------------------------------
                                        Name:        Kimberly Rowe
                                        Title:       Authorized Agent

                                   KZH CRESCENT LLC,

                                      by

                                        /s/          Kimberly Rowe
                                        ----------------------------------------
                                        Name:        Kimberly Rowe
                                        Title:       Authorized Agent

                                   KZH CRESCENT-2 LLC,

                                      by

                                        /s/          Kimberly Rowe
                                        ----------------------------------------
                                        Name:        Kimberly Rowe
                                        Title:       Authorized Agent

                                   KZH CRESCENT-3 LLC,

                                      by

                                        /s/          Kimberly Rowe
                                        ----------------------------------------
                                        Name:        Kimberly Rowe
                                        Title:       Authorized Agent

                                   UNION BANK OF CALIFORNIA, N.A.,

                                      by

                                        /s/          Jenny Dongo
                                        ----------------------------------------
                                        Name:        Jenny Dongo
                                        Title:       Vice President

                                   THE FUJI BANK, LIMITED,

                                      by

                                        /s/          John D. Doyle
                                        ----------------------------------------
                                        Name:        John D. Doyle
                                        Title:       Vice President & Manager

<PAGE>   18
                                                                              18

                                   BANK OF TOKYO-MITSUBISHI TRUST COMPANY,

                                      by

                                        /s/          W. Vukovich
                                        ----------------------------------------
                                        Name:        W. Vukovich
                                        Title:       Vice President

                                   SENIOR DEBT PORTFOLIO,
                                      by:   Boston Management, as
                                             Investment Advisor,

                                      by

                                        /s/          Payson Swaffield
                                        ----------------------------------------
                                        Name:        Payson Swaffield
                                        Title:       Vice President

                                   GRAYSON & CO,
                                      by:   Boston Management and Research, as
                                             Investment Advisor,

                                          by

                                            /s/      Payson Swaffield
                                            ------------------------------------
                                            Name:    Payson Swaffield
                                            Title:   Vice President

                                   EATON VANCE SENIOR INCOME TRUST,
                                      by:   Eaton Vance Management, as
                                             Investment Advisor,

                                          by

                                            /s/      Payson Swaffield
                                            ------------------------------------
                                            Name:    Payson Swaffield
                                            Title:   Vice President

                                   EATON VANCE CDO III, LTD.,
                                      by:   Eaton Vance Management, as
                                             Investment Advisor,

                                          by

                                            /s/      Payson Swaffield
                                            ------------------------------------
                                            Name:    Payson Swaffield
                                            Title:   Vice President

<PAGE>   19
                                                                              19

                                   OXFORD STRATEGIC INCOME FUND,
                                      by:   Eaton Vance Management, as
                                              Investment Advisor,

                                          by

                                            /s/      Payson Swaffield
                                            ------------------------------------
                                            Name:    Payson Swaffield
                                            Title:   Vice President

                                   EATON VANCE INSTITUTIONAL SENIOR
                                   LOAN FUND,
                                      by:   Eaton Vance Management, as
                                             Investment Advisor,

                                          by

                                            /s/      Payson Swaffield
                                            ------------------------------------
                                            Name:    Payson Swaffield
                                            Title:   Vice President

                                   EATON VANCE CDO IV, LTD.,
                                      by:   Eaton Vance Management, as
                                             Investment Advisor,

                                          by

                                            /s/      Payson Swaffield
                                            ------------------------------------
                                            Name:    Payson Swaffield
                                            Title:   Vice President

<PAGE>   20

                                                                   Schedule 1.1E

                              APPLICABLE MARGIN ON
             INCREMENTAL TERM LOANS OUTSTANDING AS OF APRIL 12, 2001
         (prior to the issuance of Additional Senior Subordinated Notes
              with total gross proceeds in excess of $150,000,000)

<TABLE>
<CAPTION>
                                                  Applicable Margin                     Applicable Margin
      Consolidated Leverage Ratio                For Eurodollar Loans                     For ABR Loans

<S>                                                     <C>                                   <C>
  Greater than or equal to 6.5                          2.75%                                 1.75%
  Greater than or equal to 5.5
  But less than 6.5                                     2.50%                                 1.50%
  Less than 5.5                                         2.25%                                 1.25%
</TABLE>

                              APPLICABLE MARGIN ON
             INCREMENTAL TERM LOANS OUTSTANDING AS OF APRIL 12, 2001
         (following the issuance of Additional Senior Subordinated Notes
              with total gross proceeds in excess of $150,000,000)

<TABLE>
<CAPTION>
                                                  Applicable Margin                     Applicable Margin
      Consolidated Leverage Ratio                For Eurodollar Loans                     For ABR Loans

<S>                                                     <C>                                   <C>
  Greater than or equal to 6.5                          2.50%                                 1.50%
  Greater than or equal to 5.5
  But less than 6.5                                     2.25%                                 1.25%
  Less than 5.5                                         2.00%                                 1.00%
</TABLE>

<PAGE>   21

                                                                 Schedule 7.8(l)

             INVESTMENTS EXISTING UNDER 7.8(l) AS OF APRIL 12, 2001

<TABLE>
<CAPTION>
                Investment                                  Cost
<S>                                                    <C>
Banks Broadcasting, Inc.                               $13.3 million
Gannaway Web Holdings, LLC                             $10.0 million
</TABLE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}]]