Second Amendment To Amended and Restated Employment Agreement
Exhibit 10.3
To
Amended and Restated Employment Agreement
This SECOND AMENDMENT (this “Second Amendment”), effective as of May 10, 2017, amends that certain Amended and Restated Employment Agreement, dated as of July 1, 2007 (the “Agreement”), as previously amended by that First Amendment dated December 15, 2008, by and between Entercom Communications Corp., a Pennsylvania corporation (“Employer” or the “Company”) and Xxxxxx X. Field (“Executive”).
A G R E E M E N T
NOW, THEREFORE, in consideration of the premises, the mutual promises hereinafter set forth, and other good and valuable consideration had and received, the parties hereto, intending to be legally bound, hereby agree as follows:
1. Amendments.
a. Sections 4.1 & 4.3 of the Agreement are hereby amended by striking the phrase “three (3) times” in the first sentence of each section.
2. Effect of Amendment. Except as expressly modified and amended herein, all of the terms, conditions and provisions of the Agreement shall remain in full force and effect and unchanged.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first written above.
| “EXECUTIVE” | ||||||
| /Xxxxxx X. Field/ |
5/10/2017 | |||||
| Xxxxxx X. Field | Date | |||||
| “EMPLOYER” | ||||||
| Entercom Communications Corp., a Pennsylvania corporation |
||||||
| By: | /Xxxxxx X. Xxxxx, XX |
5/10/2017 | ||||
| Xxxxxx X. Xxxxx, XX | Date | |||||
| Senior Vice President, General | ||||||
| Counsel and Secretary | ||||||
