AMENDMENT TO SHARED SERVICES AGREEMENT
Exhibit 10.92
AMENDMENT TO SHARED SERVICES AGREEMENT
This Amendment dated as of December 30, 2003 by and between Nexstar Broadcasting, Inc. (“Nexstar”) and Mission Broadcasting, Inc. (“Mission”) is made to that certain Shared Services Agreement dated as of February 16, 1999 by and between VHR Broadcasting of Lubbock, Inc. (“VHR”) and Quorum Broadcasting of Texas, Inc. (“Quorum”), as amended (the “Agreement”).
WHEREAS, VHR and Quorum entered into the Agreement for their mutual benefit;
1. Mission is hereby assuming all of VHR’s and VHR License’s rights and obligations under the Agreement.
2. Nexstar is hereby assuming all of Quorum’s and Quorum License’s rights and obligations under the Agreement.
(i) Base Amount. Subject to the remaining provisions of this Section 4(g), the base amount of the Services Fee will be $ $150,000 per month.
(ii) Payment Terms. The Services Fee will be payable monthly, in arrears, from and after the month during which this Agreement is executed, and will be prorated on a daily basis for first and last months during which the sharing arrangements described in Sections 4(a) through 4(f) are in effect.
4. As so amended, all sections and provisions of the Agreement are hereby ratified in full.
IN WITNESS WHEREOF, the parties have executed this amendment as of the date first written above.
NEXSTAR BROADCASTING, INC. | ||
By: | /s/ G. Xxxxxx Xxxxxxxx | |
Name: |
G. Xxxxxx Xxxxxxxx | |
Title: |
CFO |
MISSION BROADCASTING, INC. | ||
By: | /s/ Xxxxx X. Xxxxx | |
Name: |
Xxxxx X. Xxxxx | |
Title: |
President |