Document:

GUARANTY AND LEASE COMPENSATION AGREEMENT

     THIS GUARANTY AND LEASE  COMPENSATION  AGREEMENT (this "Agreement") is made
this 20th day of December, 1999, and is intended to be effective as of September
16, 1999, by and between Acrodyne Communications,  Inc. ("Acrodyne"), a Delaware
corporation  and  Sinclair  Broadcast  Group,  Inc.  ("Sinclair"),   a  Maryland
corporation. Witnesseth:

                                    Recitals

     On  September  19, 1999,  Acrodyne  entered into a Two Million Five Hundred
Thousand  Dollars  and No Cents  ($2,500,000.00)  line of credit  (the  "Line of
Credit") with PNC Bank, National  Association (the "Bank"). The Bank required as
a condition of making the loan that  Sinclair  unconditionally  and  irrevocably
guarantee  all of  Acrodyne's  obligations  with  respect to the Line of Credit.
Sinclair  entered into a Limited  Guaranty and  Suretyship  Agreement (the "Loan
Guaranty") dated September 19, 1999, the beneficiary of which is the Bank.

     At Acrodyne's request, Sinclair intends to enter into a lease (the "Lease")
with PBP,L.P.  (the "Lessor") for the benefit of Acrodyne  certain real property
located  on  Hollow  Road,  Upper  Providence   Township,   Montgomery   County,
Pennsylvania and 44,000 square feet, plus or minus, of the building thereon, for
the  purpose  of  establishing   Acrodyne's  new  manufacturing  facility.  Upon
execution  of the Lease,  Acrodyne  has agreed to  sublease  the  premises  from
Sinclair.

     Acrodyne, by letters dated September 16th and 17th to Sinclair,  has agreed
to compensate Sinclair for the Loan Guaranty and Lease as set forth herein.

     NOW,  THEREFORE,  Acrodyne and Sinclair intending to be legally bound agree
as follows:

     1 - Loan Guaranty Compensation;  Initial and Subsequent. Acrodyne agrees to
compensate Sinclair for the Loan Guaranty as follows:

          a) On September 16, 1999 Seventy Five Thousand Three Hundred  (75,300)
shares of Acrodyne  common  voting  stock traded on the NASDAQ  National  Market
System ("NASDAQ"), based upon the closing price as quoted on NASDAQ on September
16, 1999.

          b) On  October 1, 2000 and on  each and every  October 1st  thereafter
until such time as the Bank no longer requires the Loan Guaranty, Acrodyne shall
pay  Sinclair an amount  equal to the average of the Line of Credit  outstanding
balances as of the last day of each of the preceding  twelve (12) months (not to
be  less  than  One  Million  Seven  Hundred   Thousand  Dollars  and  No  Cents
($1,700,000.00)) multiplied by twelve and

<PAGE>
one-half percent  (12.5%).  Said amount shall be payable in the form of Acrodyne
common voting stock and calculated by dividing said amount by the average of the
closing  price of Acrodyne  common  voting  stock for the last four (4) Business
Days in each September and the first (lst) Business Day in each October. For the
purposes of this Agreement  "Business Day" shall mean any day in which NASDAQ is
opened.

     2. Loan  Compensation.  So long as the Landlord  requires  Sinclair to be a
lessee,  obligor, maker, endorser,  surety,  guarantor or otherwise obligated on
the Lease, Acrodyne agrees to compensate Sinclair as follows:

          a) On the lease  execution  date  Thirty Six  Thousand  Seven  Hundred
(36,700) shares of Acrodyne common voting stock.

          b) On each Lease  anniversary  date,  Seventy  Thousand Dollars and No
Cents  ($70,000.00)  payable in the form of Acrodyne  common  voting stock based
upon the per share value of  Acrodyne  common  voting  stock  calculated  as the
average closing price for Acrodyne common voting stock for the five (5) Business
Days preceding the Lease Anniversary date.

     3. Delivery of Shares:  All shares of Acrodyne common voting stock required
to be paid to Sinclair  pursuant to Sections 1 and 2 above shall be delivered to
Sinclair  via Federal  Express for  next-day  delivery at 10706 Beaver Dam Road,
Cockeysville,  Maryland 21030 or such other address as Sinclair may from time to
time  request  to the  attention  of David B.  Amy,  Executive  Vice  President.

     4. No Violation or Breach. Each party, represents and warrants to the other
party that the  performance  of this  Agreement  does not violate  any  federal,
state, or local law,  statute,  ordinance,  or regulation  regarding  controlled
substances,  or otherwise,  or any agreement,  court or administrative  order or
ruling by which such party may be bound.

     5. Binding  Effect.  This Agreement  shall be binding upon and inure to the
benefit of the parties and their legal representatives, successors, and assigns.

     6. Authority.  The parties  represent that they have full authority to bind
their  respective  corporations by this Agreement,  and that all appropriate and
necessary  corporate action has been taken in order to authorize the transaction
contemplated  thereby.  Both parties are corporations in good standing under the
laws of their State of incorporation.

     7. Heading.  Headings in this Agreement are for convenience only and shall
not be used to interpret or construe its provisions.

     8.  Governing  Law.  This  Agreement  shall be governed by and construed in
accordance with the laws of the State of Maryland.

                                       2

<PAGE>
     9.   Counterparts.   This   Agreement  may  be  executed  in  one  or  more
counterparts,  each of  which  shall  be  deemed  an  original  but all of which
together shall constitute one and the same instrument,

     10. Time of Essence. Time is of the essence of this Agreement.

     11. Entire  Agreement;  Modification.  This Agreement  supersedes all prior
agreements and constitutes the entire agreement between the parties with respect
to the subject  matter  hereof.  It may be changed only by a written  agreement,
signed  by  the  party  against  whom   enforcement   of  any  waiver,   change,
modification, or discharge is sought.

     12.  Notices.  All  notices  hereunder  shall be in writing  and  delivered
personally  or mailed by  certified  mail,  postage  prepaid,  addressed  to the
parties as set forth below:

     If to Acrodyne:           Acrodyne Communications, Inc.
                               516 Township Line Road
                               Blue Bell, PA 19422
                               Attn: Ronald R. Lanchoney, C.F.O.

     With a copy to:           Steven A. Thomas, Esquire
                               Thomas & Libowitz, P.A.
                               100 Light Street, Suite 1100
                               Baltimore, MD 21202-1053

     If to Sinclair:           Sinclair Broadcast Group, Inc.
                               10706 Beaver Dam Road
                               Cockeysville, MD 21030
                               Attn: David B. Amy, Executive Vice President

     With a copy to:           Steven A. Thomas, Esquire
                               Thomas & Libowitz, P.A.
                               100 Light Street, Suite 1100
                               Baltimore, MD 21202-1053

     IN WITNESS  WHEREOF,  this Agreement is executed under seal by Acrodyne and
Sinclair as of the date and year first above written.

WITNESS/ATTEST:                        Acrodyne Communications, Inc.

/s/ Ronald R. Lanchoney                By:/s/ A. Robert Mancuso     (SEAL)
                                       Name: A. Robert Mancuso
                                       Title: President

                      (SIGNATURES CONTINUED ON NEXT PAGE)

                                       3

<PAGE>
WITNESS/ATTEST                         Sinclair Broadcast Group, Inc.

/s/ Steven A. Thomas                   By:___________________________(SEAL)
                                       Name: David B. Amy
                                       Title: Executive Vice President

                                       4EMPLOYMENT AGREEMENT

     AGREEMENT  made  June 1,  1999  (the  "Effective  Date")  between  ACRODYNE
INDUSTRIES,  INC.,  a  Pennsylvania  corporation,  having a  principal  place of
business  at  516  Township  Line  Road,  Blue  Bell,  Pennsylvania  19422  (the
"Company") and WILLIAM H. BARCLAY,  an individual  residing at 1716 Morgan Lane,
Collegeville, Pennsylvania 19426 (the "Employee").

     WHEREAS,   the  Company  designs,   manufactures  and  markets   television
transmitters and translators and the Employee has experienced in the electronics
equipment industry; and

     WHEREAS,  the  Company  desires to employ the  Employee  as Vice  President
Manufacturing and the Employee desires to accept such employment upon the terms,
and subject to the conditions, set forth herein.

     NOW, THEREFORE,  in consideration of the mutual premises and agreements set
forth herein, the Company and the Employee,  each intending to be legally bound,
agree as follows:

     1. Employment Term. Subject to earlier termination as provided in Section 5
hereof,  the Company  hereby  employs the  Employee  for a term of two (2) years
commencing  as of the  Effective  Date  of this  Agreement  (the  "Term").  This
Agreement may be renewed and or  renegotiated  for additional two (2) year terms
or more after the Term  subject to the mutual  approval of Employee  and company
management.  The  Employee  accepts  such  employment  and agrees to render such
services  faithfully and to the best of his ability for and in  consideration of
the compensation and benefits to be received pursuant to this Agreement.

     2.  Responsibilities  and Duties.  During the Term,  the Employee  shall be
employed   as  Vice   President   Manufacturing   of  the   Company   with  such
responsibilities and duties reasonably consistent therewith as are determined by
the  Company's  Chairman and  President  from time to time.  During the Term the
Employee  agrees to comply  with the  policies of the  Company  with  respect to
potential  conflicts of interest  and  business  ethics as may be adopted by the
Board from time to time.

     3. Extent of Service.  The Employees  shall devote this full business time,
attention and best efforts to the business of the Company, and, except as may be
specifically permitted in advance by the Company in writing shall not be engaged
in any other  business  activity  during the Term Subject to the  provisions  of
Section  7 hereof,  the  foregoing  shall not be  construed  as  preventing  the
Employee  from  making  passive  minority  investments  in other  businesses  or
enterprises; provided however that such investments will not require services on
the part of the  Employee  which  would in any way or to any  extent  impair  or
interfere with the performance of his duties under this Agreement.

                                       1

<PAGE>
     4. Compensation

     (a)  Salary.  The Company  shall pay the  Employee an annual base salary of
125,000  ("Base  Salary")  during the Term (subject to normal  withholdings  and
deductions).  The Base Salary set forth herein shall be payable in  installments
in  accordance  with the payroll  policies of the Company in effect from time to
time during the Term;  The Base Salary may be increased from time to time by the
Company at its discretion.

          (b) Stock Options. The Company hereby grants the Employee an option to
purchase up to 55,000 shares of the Company's  common stock pursuant to the 1999
long term incentive plan The exercise price of these options to be determined by
Board of  Directors at fair market value at time of grant and will vest one half
each on September 1, 1999 and June 1, 2000 assuming  Employee  remains  employed
with Company on each date of vest.

          (c) Benefits.  The Company  shall  provide to the Employee  during the
Term  such  comprehensive  medical  dental,   disability,  and  other  insurance
protection, 401 (k), pension,  retirement,  savings or other similar plans, paid
vacation and sick days and other  benefits,  if any, as are consistent  with the
Company's  general policy in effect from time to time for the senior  executives
of the Company.

          (d)  Reimbursement  of  Expenses.  The  Company  shall  reimburse  the
Employee for all reasonable,  ordinary and necessary  business expenses incurred
by him in the performance of his duties hereunder and the Employee shall account
to the Company  therefor in the manner  normally  prescribed  by the Company for
reimbursement of employee's expenses.

     5. Termination.

     (a) Death.  If the Employee dies during the Term and while in the employ of
the Company, this Agreement shall automatically  terminate and the Company shall
have no further  obligation  to the  Employee  or his  estate,  except  that the
Company shall pay to the Employee's  estate that portion of the Employee's  Base
Salary accrued through the date of death of the Employee.

          (b)  Disability  If during the Term,  the Employee  shall be prevented
from performing his duties hereunder by reason of disability for a period of not
less than 90  consecutive  days,  then the Company may terminate  this Agreement
upon 10 days'  prior  written  notice  to the  Employee.  For  purposes  of this
Agreement,  the  Employee  shall be  deemed  to have  become  disabled  when the
Company,  upon advice of a qualified  physician,  shall have determined that the
Employee has become physically or mentally incapable  (excluding  infrequent and
temporary  absences due to ordinary illness) of performing his duties under this
Agreement. Employee agrees that he will submit to such an examination.

                                       2

<PAGE>
in the event of a  termination  pursuant  to this  subparagraph(b),  the Company
shall be relieved of all its obligations  under this Agreement,  except that the
Company shall pay to the Employee or his legal representative the Employee's the
Base Salary with full benefits for the next succeeding three (3) months.  During
this three (3) month  period  said  individual  will be deemed an  employee  for
vesting purposes as well.

     (c) For Cause Termination.  Prior to the end of the Term, the Company, with
Cause (as hereinafter  defined),  but without need for prior written notice, may
terminate  this  Agreement  without  any  further  liability  hereunder  to  the
Employee,  other than to pay to the Employee the Employee's  Base Salary accrued
to the date of discharge. All such payments to the Employee shall be made in the
same  manner and at the same times as they would have been paid to the  Employee
had he not been  discharged.  For purposes of this Agreement,  the Company shall
have "Cause" to discharge  the Employee or terminate the  Employee's  employment
hereunder  upon:  (i)  the  Employee's  conviction  of a crime  involving  moral
turpitude, including fraud, theft, or embezzlement:  (ii) the Employee's willful
failure or refusal to follow the lawful  policies or directives  established  by
the Company and given to the Employee in writing or to perform his duties; (iii)
any act or omission by the Employee  tantamount to dishonesty,  gross negligence
or other willful  misconduct to the detriment of the Company or its  affiliates;
or (iv) the  Employee's  willful  failure to perform his duties which failure is
not remedied within thirty (30) days following written notice to the Employee,

          (d)  Termination   Without  Cause.   The  Company  may  terminate  the
Employee's  employment  with the  Company  without  cause at any time during the
first six months of  employment  upon  ninety  (90) days prior  written  notice.
Should  the  Employee  be  terminated  after the  initial  six  month  period of
contract,  the Employee will be entitled to receive a severance payment equal to
six months salary.

          (e) Voluntary  Termination The Employee may voluntarily  terminate his
employment  with the  Company at any time during the Term upon ninety (90) days'
prior written notice, in which case this Agreement shall automatically terminate
and the Company shall have no further  obligation to the Employee  other than to
pay to the Employee that portion of the Employee's  Base Salary through the date
on which the Employee resignation becomes effective,

     6. Confidential  Information . The Employee acknowledges that in the course
of his  employment  by the  Company,  he may  receive  or has  received  certain
information,  including without limitation,  technological information, customer
and client lists, and other business, product and financial information which is
confidential or which  constitutes a trade secret relating to the Company or the
business conducted by the Company (the  "Information").  The Employee agrees not
to reveal the  Information  to anyone  outside the Company or its affiliates and
not to use the  Information  for any purpose other than the  performance  of his
duties under the Agreement.  Upon  termination of this  Agreement,  the Employee
shall  surrender  to the  Company  all  papers,  documents,  writings  and other
property  produced  by him or  coming  into his  possession  by or  through  his
employment

                                       3

<PAGE>
concerning any  Information and the Employee agrees that all such materials will
at all times, remain the property of the Company.

     7.  Restrictive  Covenant.  For the  entire  duration  of the  Term and any
Renewal Term, the Employee shall not, directly or indirectly,  engage within any
market area served by the Company in a manner (including, without limitation, as
principal,  agent, employee,  consultant, or investor in a public company (other
than a passive  investor with a less than 1%  interest),  trustee or through the
agency of any corporation,  partnership,  association of agent or agency) in any
business  in  competition  with the  business  conducted  by the  Company or its
subsidiaries or affiliates (or its successors and assigns),  including,  without
limitation any business involving telecommunication transmittal equipment. For a
period of two years after the  termination of employment,  the Employee  further
agrees that he shall not,  either  directly or  indirectly,  through any person,
firm, association or corporation with which the Employee is now or may hereafter
become associated, cause or induce any present or future employee of the Company
(or its  successors and assigns) or any of its affiliates to leave the employ of
the Company (or its  successors  and assigns) or any such  affliate for any such
affiliate for any reason. If at the time of enforcement of any provision of this
Agreement,  a court shall hold that the duration,  scope or area  restriction of
any other  provision  hereof is  unreasonable  under  circumstances  now or then
existing,  the parties  hereto  agree that the maximum  duration,  scope or area
reasonable under the circumstances shall be substituted for the stated duration,
scope or area.

     8. Notices. All notices,  request,  consents and other communications under
this Agreement shall be in writing and shall be deemed to have been delivered on
(a) the date  personally  delivered,  (b) five days  following  the date mailed,
postage prepaid,  by certified mail, return receipt requested,  or (c) five days
following  the  date  telecopied  and  confirmed  by  mail if  addressed  to the
respective parties as follows:

If to the Employee:      William H. Barclay
                         1716 Morgan Lane
                         Collegeville, PA 19426

If to the Company:       Acrodyne Industries, Inc.
                         516 Township Line Road
                         Blue Bell, Pennsylvania 19422
                         Attn: Chairman of the Board of Directors

Either  party  hereto may  designate a different  address by  providing  written
notice of such new address to the Other party hereto

     9. Specific Performance The Employee  acknowledges that a remedy at law for
any  breach or  attempted  breach of  Section 6 or 7 of this  Agreement  will be
inadequate,   and  agrees  that  the  Company  shall  be  entitled  to  specific
performance and injunctive and other equitable relief in case of any such breach
or attempted breach.

                                       4

<PAGE>
     10.  Severability  If any provision or provision of this Agreement shall be
held to be invalid,  illegal or otherwise  unenforceable by a court of competent
jurisdiction for my, reason whatsoever

          (a)  the  validity,  legality  and  enforceability  of  the  remaining
provisions of this Agreement (including, without limitation, each portion of any
Section of this  Agreement  containing  any such  provision  held to be invalid,
illegal or unenforceable)  shall be construed so as to give effect to the intent
manifested by the provision held in-valid, illegal or unenforceable.

          (b) to the fullest extent  possible,  the provisions of this Agreement
(including,  without  limitation,  each portion of any Section of this Agreement
containing  any such  provision  held to be invalid,  illegal or  unenforceable)
shall  be  construed  so as to  give  effect  to the  intent  manifested  by the
provision held invalid, illegal or unenforceable.

     11. Assignment.  This Agreement may not be assigned by either party hereto,
except that the Company  shall have the right to assign this  Agreement  without
the consent of the Employee in connection with the sale of all Or  substantially
all of the assets or equity of the Company.  Neither the Employee nor his estate
shall  have any right to  commute,  encumber  or dispose of any right to receive
payments hereunder, it being agreed that such payments and the right thereto are
nonassignable and nontransferable.

     12. Binding Effect.  This Agreement shall be binding upon and insure to the
benefit   of  the   parties   hereto,   the   Employee's   heirs  and   personal
representatives, and the successors and assigns of the Company.

     13.  Modification and Waiver.  No supplement,  modification or amendment of
this Agreement  shall be binding unless  executed in writing by both the parties
hereto.  No waiver of any other provisions hereof (whether or not similar) shall
be binding unless  executed in writing by both the parties hereto nor shall such
waiver constitute a continuing waiver.

     14. Captions.  The section and paragraph headings in this Agreement are for
reference  purposes  only  and  shall  not  effect  in any  way the  meaning  of
interpretation of this Agreement.

     15,  Governing  Law.  This  Agreement  shall be  construed  and enforced in
accordance with and governed by the laws of the Commonwealth of Pennsylvania

     16.  Counterparts.  This  Agreement  may be executed  in multiple  original
counterparts,  each of  which  shall be  deemed  an  original,  but all of which
together shall constitute one and the same instrument.

                                       5

<PAGE>
     17. Entire Agreement.  This Agreement contains the entire agreement between
the  parties  with  respect to the  employment  of  Employee  by the Company and
supersedes  any and  all  prior  understandings,  agreements  or  correspondence
between the parties.

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

                                       ACRODYNE COMMUNICATION INC.
                                       /s/ A. Robert Mancuso
                                       ----------------------------
                                       By: A. Robert Mancuso, Chairman CEO

                                       /s/ William H. Barclay
                                       ----------------------------
                                       William H. Barclay

                                       6

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