Exhibit 10.75
Xxxxx X. Xxxx
President/CEO
TO: Xxxxx Xxxxxxx
FR: Xxxxx X. Xxxx
RE: Addendum to your Employment Agreement
DA: 8/28/03
Reference is hereby made to your Executive Employment Agreement with Nexstar
Broadcasting Group dated January 5, 1998 and as amended February 9, 2001, August
14, 2002 and May 20, 2003. This memorandum will serve as an additional addendum.
Paragraph 6(b).(i). Termination Payments: The period is hereby extended to one
year.
Equity Compensation: At the time of the IPO you will be granted a total of
100,000 options, 50,000 of which will be immediately vested and the remainder
will vest in equal installments on the five subsequent anniversaries of the
Offering.
Please indicate your agreement with the acceptance of the terms and conditions
of this addendum as of the date written by signing below.
Sincerely, Accepted and Agreed;
/s/ Xxxxx X. Xxxx /s/ Xxxxx Xxxxxxx
Xxxxx X. Xxxx Xxxxx Xxxxxxx
President/CEO Executive VP/COO
Nexstar Broadcasting Group, Inc.
000 Xxxx Xxxxxxx Xxxxxxx, Xxxxx 0000, Xxxxxx, XX 00000,
(000) 000-0000 fax (000)000-0000
