0000912057-97-008227 Sample Contracts

EXHIBIT 7(4) FORM OF ESCROW AGREEMENT

Escrow Agreement • March 7th, 1997 • H & F Investors Iii Inc • Radio broadcasting stations • Delaware

• Contract Type
  Escrow Agreement
• Filed
  March 7th, 1997
• Company
  H & F Investors Iii Inc
• Industry
  Radio broadcasting stations
• Jurisdiction
  Delaware

EXHIBIT 7(3) FORM OF

Registration Rights Agreement • March 7th, 1997 • H & F Investors Iii Inc • Radio broadcasting stations • Delaware

• Contract Type
  Registration Rights Agreement
• Filed
  March 7th, 1997
• Company
  H & F Investors Iii Inc
• Industry
  Radio broadcasting stations
• Jurisdiction
  Delaware

BY AND AMONG

Stock Purchase Agreement • March 7th, 1997 • H & F Investors Iii Inc • Radio broadcasting stations • Delaware

• Contract Type
  Stock Purchase Agreement
• Filed
  March 7th, 1997
• Company
  H & F Investors Iii Inc
• Industry
  Radio broadcasting stations
• Jurisdiction
  Delaware

HELLMAN & FRIEDMAN CAPITAL PARTNERS III, L.P. By: Its General Partner, H&F Investors III By: Its Managing General Partner, Hellman & Friedman Associates III, L.P.

H & F Investors Iii Inc • March 7th, 1997 • Radio broadcasting stations

• Company
  H & F Investors Iii Inc
• Filed
  March 7th, 1997
• Industry
  Radio broadcasting stations

The undersigned hereby agree that any Statement on Schedule 13D to be filed with the Securities and Exchange Commission by any of the undersigned, including any amendment thereto, with respect to securities of Clear Channel Communications, Inc., a Texas corporation, may be filed by H&F Investors III, Inc. on behalf of all of the undersigned.