AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT BETWEEN WESTWOOD ONE, INC. AND ANDREW ZAREFEmployment Agreement • June 30th, 2006 • Westwood One Inc /De/ • Services-amusement & recreation services
The following, upon execution by the parties hereto, shall constitute Amendment No. 1, dated June 30, 2006 (this “Amendment”), by and between Westwood One, Inc. (the “Company”) and Andrew Zaref (“Employee”) to the Employment Agreement, entered into by and between the Company and Employee, effective as of January 1, 2004 (the “Agreement”). Capitalized terms used but not defined herein have the meaning set forth in the Agreement. The parties hereto agree that the terms of the Agreement are hereby modified as set forth herein. In the event of a conflict between the terms of the Agreement and the terms of this Amendment, the terms of this Amendment shall prevail.
