Exhibit 10.14
INTER-OFFICE
MEMORANDUM
To: XXXXX XXXXXXX
From: XXXXX X. XXXX
Date: FEBRUARY 9, 2001
Subject: ADDENDUM TO EMPLOYMENT AGREEMENT
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cc: XXXXXXX XXXXX/ XXXX XXXXX/ XXXXXXX SILVER (XXXXXXXX & XXXXX)
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This memorandum will serve as an addendum to your employment agreement with
Nexstar Broadcasting dated January 5, 1998.
1. Your title will be changed to Executive Vice-President.
2. The term of your employment agreement shall be extended through December
31, 2003.
3. Your base salary shall be as follows:
January 1, 2001 - December 31, 2001 $185,000
January 1, 2002 - December 31, 2002 $200,000
January 1, 2003 - December 31, 2003 $205,000
4. Your target bonus for each fiscal year shall be as follows:
After the 2001 fiscal year $45,000
After the 2002 fiscal year $50,000
After the 2003 fiscal year $55,000
All other terms and conditions of your employment agreement shall remain in full
force and effect. Please evidence your acknowledgement and agreement with the
above listed terms and conditions by signing below:
Congratulations.
Sincerely, Accepted and Agreed
/s/ Xxxxx X. Xxxx /s/ Xxxxx Xxxxxxx
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Xxxxx X. Xxxx Xxxxx Xxxxxxx
President/CEO Executive Vice-President
[Nexstar Broadcasting Group, Inc.]
000 Xxxxxxxx Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxx Xxxxxx, XX 00000
(000) 000-0000 fax (000) 000-0000
