May 17, 2007 Messrs. L. Lowry Mays Mark P. Mays, and Randall T. Mays 200 East Basse Road San Antonio, Texas 78209 Dear Lowry/Mark/Randall:Employment Agreement • June 2nd, 2008 • C C Media Holdings Inc • Radio broadcasting stations • Delaware
Contract Type FiledJune 2nd, 2008 Company Industry JurisdictionReference is made to (i) the Agreement and Plan of Merger, dated as of November 16, 2006, as amended through the date hereof (the “Merger Agreement”), by and among BT Triple Crown Merger Co., Inc., B Triple Crown FinCo., LLC, T Triple Crown FinCo., LLC, and Clear Channel Communications Inc. (“CCU”) and (ii) the letter agreement dated November 16, 2006 between each of you and B Triple Crown FinCo., LLC and T Triple Crown FinCo., LLC (together, the “Parents”) as amended by that certain extension letter dated March 16, 2007 (such letter agreement, as so amended, the “November Letter Agreement”) relating to the Merger Agreement. All capitalized terms not defined herein shall have the meaning set forth in the November Letter Agreement.
May 17, 2007 Messrs. L. Lowry Mays Mark P. Mays, and Randall T. Mays 200 East Basse Road San Antonio, Texas 78209 Dear Lowry/Mark/Randall:Employment Agreement • July 9th, 2007 • BT Triple Crown Capital Holdings III, Inc. • Radio broadcasting stations • Delaware
Contract Type FiledJuly 9th, 2007 Company Industry JurisdictionReference is made to (i) the Agreement and Plan of Merger, dated as of November 16, 2006, as amended through the date hereof (the “Merger Agreement”), by and among BT Triple Crown Merger Co., Inc., B Triple Crown FinCo., LLC, T Triple Crown FinCo., LLC, and Clear Channel Communications Inc. (“CCU”) and (ii) the letter agreement dated November 16, 2006 between each of you and B Triple Crown FinCo., LLC and T Triple Crown FinCo., LLC (together, the “Parents”) as amended by that certain extension letter dated March 16, 2007 (such letter agreement, as so amended, the “November Letter Agreement”) relating to the Merger Agreement. All capitalized terms not defined herein shall have the meaning set forth in the November Letter Agreement.