Document:

Support Agreement, dated February 6, 2006

 Exhibit 10.1 
  
 EXECUTION COPY 
  
 SUPPORT AGREEMENT 
  
 SUPPORT AGREEMENT, dated as of February 6, 2006 (this “Agreement”), by and among The Walt Disney Company, a Delaware corporation
(“TWDC”), ABC Chicago FM Radio, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of TWDC (“Spinco”), Citadel Broadcasting Corporation, a Delaware corporation (“Company”), with
respect to Sections 5, 7, 8 and 10 herein only, and Forstmann Little & Co. Equity Partnership-VI, L.P. (“Equity VI”), Forstmann Little & Co. Equity Partnership-VII, L.P. (“Equity VII”), Forstmann
Little & Co. Subordinated Debt and Equity Management Buyout Partnership-VII, L.P. (“Buyout VII”) and Forstmann Little & Co. Subordinated Debt and Equity Management Buyout Partnership-VIII, L.P. (“Buyout
VIII” and, together, with Equity VI, Equity VII and Buyout VII, the “Principal Stockholders”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Merger Agreement (as
defined below). 
  
 W I T N E S S E T H 
  
 WHEREAS, TWDC, Spinco, Company and Alphabet Acquisition Corp., a Delaware
corporation and a direct, wholly-owned subsidiary of Company (“Merger Sub”) have entered into an Agreement and Plan of Merger, dated as of the date hereof (as the same may be amended or supplemented, the “Merger
Agreement”), providing for, among other things, the merger of Merger Sub with and into Spinco (the “Merger”), upon the terms and subject to the conditions set forth in the Merger Agreement; 
  
 WHEREAS, as of the date hereof, Equity VI beneficially owns 34,484,608 shares
of Company Common Stock, Equity VII beneficially owns 11,064,880 shares of Company Common Stock, Buyout VII beneficially owns 21,662,812 shares of Company Common Stock and Buyout VIII beneficially owns 9,065,403 (together, the “Company
Shares”) (such Company Shares, together with any other shares of capital stock of Company acquired by the Principal Stockholders after the date hereof and during the term of this Agreement (including through the exercise of any stock
options, warrants or similar instruments), being collectively referred to herein as the “Subject Shares”); 
  
 WHEREAS, simultaneously with the execution hereof each Principal Stockholder shall cause each record holder of such Principal Stockholder’s Subject
Shares to consent in writing, pursuant to Section 228 of the DGCL, to the issuance of shares of Company Common Stock pursuant to the Merger, the approval of the Merger and the other Transactions to which the Company is a party, without a
meeting, without prior notice and without a vote by executing a Principal Stockholder Consent in the form of Exhibit A hereto covering all such record holders’ Subject Shares and deliver such Principal Stockholder Consents to the
secretary of Company; and 
  
 WHEREAS, as a condition and
inducement to their willingness to enter into the Merger Agreement, TWDC and Spinco have requested that each Principal Stockholder enter into this Agreement and take certain actions set forth herein. 

 NOW, THEREFORE, in consideration of the foregoing and the representations, warranties, covenants and
agreements contained in this Agreement, the parties hereto agree as follows: 
  
 Section 1. Representations and Warranties of Each Principal Stockholder. Each Principal Stockholder hereby represents and warrants to TWDC and Spinco as follows: 
  
 (a) Ownership. Each Principal Stockholder is the record and
beneficial owner of, and has good and valid title to, the Company Shares set forth opposite such Principal Stockholder’s name on Schedule A attached hereto, free and clear of any Encumbrances whatsoever. Each Principal Stockholder does not own,
of record or beneficially, any shares of capital stock of Company other than the Subject Shares. Each Principal Stockholder has the sole right to vote such Company Shares, and none of such Company Shares is subject to any voting trust or other
agreement, arrangement or restriction with respect to the voting of such Company Shares, except as contemplated by this Agreement. 
  
 (b) Authority; No Conflict. Each Principal Stockholder is a limited partnership duly organized, validly existing and in good standing under the
laws of its jurisdiction of organization and has all requisite power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Principal Stockholders
and constitutes a valid and binding obligation of the Principal Stockholders enforceable against the Principal Stockholders in accordance with its terms, subject to (i) bankruptcy, insolvency, moratorium and other similar laws now or hereafter
in effect relating to or affecting creditors’ rights generally, and (ii) general principles of equity (regardless of whether considered in a proceeding at law or in equity). The execution and delivery of this Agreement does not, and the
consummation of the transactions contemplated hereby and compliance with the terms hereof will not, conflict with, result in any violation of, or constitute (with or without notice or lapse of time or both) a default under, any provision of any
trust agreement, loan or credit agreement, bond, note, mortgage, indenture, lease, partnership agreement or other contract, agreement, obligation, commitment, arrangement, understanding, instrument, permit, concession, franchise or license or any
statute, law, ordinance, rule, regulation, judgment, order, notice or decree applicable to any Principal Stockholder or to any of such Principal Stockholder’s property or assets, except for any of the foregoing as would not reasonably be
expected to prevent such Stockholder from performing its obligations under this Agreement. 
  
 (c) No Filings; Consents. Other than as required under the applicable requirements of the Securities Exchange Act of 1934, as amended and including any regulations promulgated thereunder, no consents or
approvals of or filings or registrations with any Governmental Authority are necessary in connection with (i) the execution and delivery by the Principal Stockholders of this Agreement and (ii) the performance by the Principal Stockholders
of their respective obligations under this Agreement, including the delivery of the Principal Stockholder Consent by each Principal Stockholder pursuant to Section 3(a) hereof. 
  

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 (d) Litigation. There is no action, suit, investigation, complaint or other proceeding pending
against any Principal Stockholder or, to the knowledge of the Principal Stockholders, threatened against any Principal Stockholder or any other Person that restricts in any material respect or prohibits (or, if successful, would restrict or
prohibit) the exercise by any party or beneficiary of its rights under this Agreement or the performance by any party of its obligations under this Agreement. 
  

Section 2. Representations and Warranties of TWDC and Spinco. TWDC and Spinco hereby represent and warrant to the Principal Stockholders
that TWDC and Spinco have all requisite corporate power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by each of TWDC and Spinco and
constitutes a valid and binding obligation of TWDC and Spinco, enforceable against TWDC and Spinco in accordance with its terms, subject to (i) bankruptcy, insolvency, moratorium and other similar laws now or hereafter in effect relating to or
affecting creditors’ rights generally, and (ii) general principles of equity (regardless of whether considered in a proceeding at law or in equity). The execution and delivery of this Agreement does not, and the consummation of the
transactions contemplated hereby and compliance with the terms hereof will not, conflict with, result in any violation of, or constitute (with or without notice or lapse of time or both) default under, any provisions of the certificate of
incorporation or bylaws of TWDC or Spinco or any trust agreement, loan or credit agreement, bond, note, mortgage, indenture, lease or other contract, agreement, obligation, commitment, arrangement, understanding, instrument, permit, concession,
franchise or license or any statute, law, ordinance, rule, regulation, judgment, order, notice or decree applicable to TWDC, Spinco or any of their respective property or assets, except for any of the foregoing as would not reasonably be expected to
prevent such Stockholder from performing its obligations under this Agreement. 
  
 Section 3. Covenants of Each Principal Stockholder. Each Principal Stockholder agrees with TWDC and Spinco as follows: 
  
 (a) If, for any reason, there is a meeting of the Company Stockholders or at any adjournment thereof or in any other
circumstances upon which a vote, consent or other approval of stockholders is sought, such Principal Stockholder shall direct the voting of (or cause to be voted) its Subject Shares against (i) any Company Acquisition Proposal, reorganization,
joint venture, recapitalization, dissolution, liquidation or winding up of or by Company or any of its Subsidiaries and (ii) any amendment of the certificate of incorporation or bylaws of Company or other proposal or transaction involving
Company or any of its Subsidiaries which amendment or other proposal or transaction would or could reasonably be expected to impede, frustrate, prevent, nullify or result in a material breach of any representation, warranty or covenant or any other
obligation or agreement of Company under or with respect to, the Merger, the Merger Agreement or any of the Transactions to which the Company is a party or transactions contemplated by this Agreement. Each Principal Stockholder shall not, and shall
not permit the record holder of any of its Subject Shares to, commit or agree to take any action inconsistent with the foregoing. 
  

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 (b) Each Principal Stockholder agrees not to, directly or indirectly, transfer, sell, assign, exchange,
pledge or otherwise dispose of (including by gift) or encumber (collectively, “Transfer”) any of the Subject Shares, or to make any offer or agreement relating thereto, at any time prior to the termination of this Agreement, except
to any affiliate of such Principal Stockholder who agrees in writing to be bound by the terms of this Agreement as though such affiliate were a party hereto. Furthermore, the Principal Stockholders shall not, except as contemplated by this
Agreement, directly or indirectly, grant any proxies or powers of attorney with respect to the Subject Shares, deposit the Subject Shares into a voting trust or enter into a voting agreement or any other arrangement with respect to the Subject
Shares and shall not commit or agree to take any of the foregoing actions. In furtherance of the foregoing, each Principal Stockholder agrees that any Transfer in violation of this Agreement shall be null and void and of no force or effect.

  
 (c) Each Principal Stockholder shall be deemed to be a
representative at all times for purposes of Section 6.4 of the Merger Agreement (regardless of whether such Principal Stockholder is in fact a representative at the relevant time) and shall comply with the terms of Section 6.4(a) of the
Merger Agreement. 
  
 (d) Each Principal Stockholder shall use
reasonable efforts to promptly cause the following legend to be conspicuously noted on each certificate representing the Subject Shares: 
  
 “The shares represented by this certificate are subject to a Support Agreement dated as of February 6, 2006. The Support Agreement restricts the
transferability of the shares represented by this certificate.” 
  
 (e) Each Principal Stockholder shall not issue any press release or make any other public statement with respect to the Merger Agreement, the Merger, any other transactions contemplated hereby or the Transactions without the written consent
of TWDC (which consent shall not be unreasonably withheld or delayed), except as may be required by applicable Law or Order entered against such Principal Stockholder or by obligations pursuant to any listing agreement with any national securities
exchange, in which case the Principal Stockholder proposing to issue such press release or order such public announcement shall use its reasonable efforts to consult in good faith with TWDC before making any such public announcements. 
  
 (f) Each Principal Stockholder hereby consents to and adopts and approves the
actions taken by the Company Board of Directors in adopting, approving and declaring advisable this Agreement, the Merger Agreement, the Merger, the issuance of shares of Company Common Stock pursuant to the Merger and the other Transactions
contemplated hereby or thereby. 
  
 Section 4. Principal
Stockholder Capacity. Each Principal Stockholder enters into this Agreement solely in such Principal Stockholder’s capacity as the record and/or beneficial owner of the Subject Shares. Nothing in this Agreement shall limit or affect any
actions taken by partners of any Principal Stockholder in such individual’s capacity as an officer or director of Company. 
  

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 Section 5. Stop Transfer. Company agrees with, and covenants to, TWDC and Spinco that Company
shall instruct its transfer agent not to register the transfer of any certificate representing any Principal Stockholder’s Subject Shares in violation of this Agreement. 
  
 Section 6. No Ownership Interest. Except as expressly set forth in this Agreement, nothing contained in this
Agreement shall be deemed to vest in either TWDC or Spinco any direct or indirect ownership or incidence of ownership of or with respect to any Subject Shares. All rights, ownership and economic benefits of and relating to any Subject Shares shall
remain and belong to the Principal Stockholders, and neither TWDC nor Spinco shall have any authority to exercise any power or authority to manage, direct, superintend, restrict, regulate, govern or administer any of the policies or operations of
Company or exercise any power or authority to direct any Principal Stockholders in the voting of any of the Subject Shares, except as otherwise expressly provided in this Agreement. 
  
 Section 7. Assignment. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be
assigned, in whole or in part (whether by operation of law or otherwise), by any Principal Stockholder or Company, on the one hand, without the prior written consent of TWDC nor by TWDC or Spinco, on the other hand, without the prior written consent
of each Principal Stockholder, and any attempt to make any such assignment without such consent shall be null and void, except that TWDC or Spinco may assign, in its sole discretion, any or all of its rights, interests and obligations hereunder to
any of its respective direct or indirect wholly owned Subsidiaries. Subject to the preceding sentence, this Agreement will be binding upon, inure to the benefit of and be enforceable by the parties and their respective successors and assigns.

  
 Section 8. Termination. This Agreement shall
terminate upon the earliest of (i) the Effective Time and (ii) the termination of the Merger Agreement in accordance with its terms; provided, however, that any such termination shall not relieve any party of any liability of
such party arising as a result of the intentional breach of this Agreement prior to such termination. 
  
 Section 9. Additional Matters. Each Principal Stockholder shall use reasonable efforts to take, or cause to be taken, all actions, and to do,
or cause to be done, and to assist and cooperate with the other parties in doing, all things reasonably requested by TWDC from such Principal Stockholder to consummate and make effective, in the most expeditious manner practicable, the Merger, the
other transactions contemplated hereby and the Transactions. Each Principal Stockholder shall, and shall cause the record holder of its Subject Shares to, from time to time, execute and deliver, or cause to be executed and delivered, such additional
or further consents, documents and other instruments as TWDC or Spinco may reasonably request for the purpose of effectively carrying out the transactions contemplated by this Agreement and the Merger Agreement. 
  

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 Section 10. General Provisions. 
  
 (a) Modification. No supplement, modification or amendment of this
Agreement will be binding unless made in a written instrument that is signed by all of the parties hereto and that specifically refers to this Agreement. 
  
 (b) Costs and Expenses. All costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by
the party incurring such expenses. 
  
 (c) Notice. All
notices and other communications hereunder shall be in writing and shall be deemed given upon receipt by the parties. All notices hereunder shall be delivered to TWDC in accordance with Section 9.2 of the Merger Agreement and to the Principal
Stockholders at their respective addresses set forth on Schedule A hereto. 
  
 (d) Interpretation. Words herein in the singular shall be held to include the plural and vice versa and words of one gender shall be held to include the other genders as the context requires. The terms
“hereof,” “herein,” and “herewith” and words of similar import herein (or in the Merger Agreement or any Ancillary Agreement) shall, unless otherwise stated, be construed to refer to this Agreement (or the Merger
Agreement or applicable Ancillary Agreement) taken as a whole (including all of the schedules and exhibits thereto) and not to any particular provision of this Agreement (or the Merger Agreement or such Ancillary Agreement). Section references are
to the Sections of this Agreement unless otherwise specified. The word “including” and words of similar import when used in this Agreement (or the Merger Agreement or the applicable Ancillary Agreement) means “including, without
limitation,” unless the context otherwise requires or unless otherwise specified. Unless expressly stated to the contrary in this Agreement, the Merger Agreement or in any Ancillary Agreement, all references to “the date hereof,”
“the date of this Agreement,” “hereby” and “hereupon” and words of similar import shall all be references to February 6, 2006 (or the date of which the Merger Agreement or relevant Ancillary Agreement is first
entered into, as the case may be) regardless of any amendment or restatement hereof (or thereof). The parties have participated jointly in the negotiation and drafting of this Agreement, and in the event an ambiguity or question of intent or
interpretation arises, this Agreement shall be construed as if drafted jointly by the parties, and no presumption or burden of proof shall arise favoring or disfavoring any party hereto by virtue of the authorship of any provisions of this
Agreement. 
  
 (e) Counterparts. This Agreement may be
executed in one or more counterparts, all of which will be considered one and the same agreement and will become effective when one or more counterparts have been signed by each party and delivered to the other parties, it being understood that all
the parties need not sign the same counterpart. 
  
 (f) Entire
Agreement; No Third Party Beneficiaries. This Agreement (including the documents and the instruments referred to herein) (i) constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral,
among the parties with respect to the subject matter hereof and (ii) is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. 
  

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 (g) Governing Law. This Agreement shall be governed by and construed in accordance with the laws
of the State of Delaware, without giving effect to the principles of conflicts of law thereof. 
  
 (h) Enforcement. The parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise
breached. It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement, in addition to any other remedy to
which they are entitled at law or in equity. The parties hereby (i) submit to the jurisdiction of any federal or state court sitting in the State of Delaware, (ii) agree not to object to venue in such courts or to claim that such forum is
inconvenient and (iii) agree that notice or the service of process in any proceeding shall be properly served or delivered if delivered in the manner contemplated by Section 10(c) hereof. In addition, each of the parties hereto waives
any right to trial by jury with respect to any claim or proceeding related to or arising out of this Agreement or any of the transactions contemplated hereby. Without limiting the generality of the foregoing, the parties hereto expressly agree
that the obligations of Stockholder set forth in Section 3 hereof shall be subject to the foregoing provisions of this Section 10(h). 
  
 (i) Severability. This Agreement shall be deemed severable; the invalidity or unenforceability of any term or provision of this Agreement shall not
affect the validity or enforceability of the balance of this Agreement or of any other term hereof, which shall remain in full force and effect. If of any of the provisions hereof are determined to be invalid or unenforceable, the parties shall
negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible. 
  
 [SIGNATURE PAGE FOLLOWS] 
  

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 IN WITNESS WHEREOF, TWDC, Spinco, Company and the Principal Stockholders have caused this Agreement to be
signed by their respective officers thereunto duly authorized, all as of the date first written above. 
  

			
	 THE WALT DISNEY COMPANY

		
	 By:
	 	 /s/ Thomas O. Staggs

	 Name:
	 	 Thomas O. Staggs

	 Title:
	 	 Senior Executive Vice President,
 Chief Financial Officer

	
	 ABC CHICAGO FM RADIO, INC.

		
	 By:
	 	 /s/ David K. Thompson

	 Name:
	 	 David K. Thompson

	 Title:
	 	 Vice President

	
	 CITADEL BROADCASTING CORPORATION

		
	 By:
	 	 /s/ Farid Suleman

	 Name:
	 	 Farid Suleman

	 Title:
	 	 Chief Executive Officer

	
	FORSTMANN LITTLE & CO. EQUITY PARTNERSHIP-VI, L.P.
		
	 By:
	 	 /s/ T. Geoffrey McKay

	 Name:
	 	T. Geoffrey McKay
	 Title:
	 	 General Partner

			
	FORSTMANN LITTLE & CO. EQUITY PARTNERSHIP-VII, L.P.
		
	 By:
	 	 /s/ T. Geoffrey McKay        

	 Name:
	 	 T. Geoffrey McKay

	 Title:
	 	 General Partner

	
	FORSTMANN LITTLE & CO. SUBORDINATED DEBT AND EQUITY MANAGEMENT BUYOUT PARTNERSHIP-VII, L.P.
		
	 By:
	 	 /s/ T. Geoffrey McKay        

	 Name:
	 	 T. Geoffrey McKay

	 Title:
	 	 General Partner

	
	FORSTMANN LITTLE & CO. SUBORDINATED DEBT AND EQUITY MANAGEMENT BUYOUT PARTNERSHIP-VIII, L.P.
		
	 By:
	 	 /s/ T. Geoffrey McKay        

	 Name:
	 	 T. Geoffrey McKay

	 Title:
	 	 General Partner

  
 Support Agreement

 Counterpart Signature PageSummary of Certain Director and Executive Compensation

 Exhibit 10.48 
  
 Description of the Compensation of 
 ITT Educational Services, Inc.’s 
 Senior Vice President, Chief Financial Officer

  
 On May 3, 2005, Daniel M. Fitzpatrick was elected
Senior Vice President, Chief Financial Officer of the Registrant by its Board of Directors, effective June 6, 2005. Under the terms of his employment arrangement with the Registrant, Mr. Fitzpatrick will receive a base salary payable at an
annual rate of $235,000. Mr. Fitzpatrick was also granted a stock option as of June 6, 2005 to purchase 18,245 shares of the Registrant’s common stock at a price equal to the fair market value of the stock at the close of business on
June 3, 2005. The option will vest in three equal annual installments beginning one year from the date of grant and will expire on the seventh anniversary date of the grant. Mr. Fitzpatrick will participate in the Registrant’s 2005
Executive Bonus Parameters disclosed in the Registrant’s current report on Form 8-K dated January 25, 2005 and incorporated herein by reference. 
  
 In his new position, Mr. Fitzpatrick will also have an allowance to be used for tax return preparation and financial planning, and tickets to
sporting, theater and other events.

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