0000950123-11-101832 Sample Contracts

VOTING AGREEMENT
Voting Agreement • December 2nd, 2011 • Emmis Communications Corp • Radio broadcasting stations • Indiana

VOTING AGREEMENT, dated as of November 14, 2011 (this “Agreement”), by and among Emmis Communications Corporation, an Indiana corporation (the “Company”), J. Scott Enright (the “Employee Shareholder”) and the other shareholder of the Company whose name is set forth on the signature pages to this Agreement (the “Shareholder”).

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Emmis Communication Corporation One EMMIS Plaza, Suite 700 40 Monument Circle Indianapolis, Indiana 46204 TOTAL RETURN SWAP TRANSACTION
Total Return Swap Transaction • December 2nd, 2011 • Emmis Communications Corp • Radio broadcasting stations

The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Transaction entered into between us on the Trade Date specified below (the “Transaction”). This Confirmation constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.

Emmis Communication Corporation One EMMIS Plaza, Suite 700 40 Monument Circle Indianapolis, Indiana 46204 TOTAL RETURN SWAP TRANSACTION
Total Return Swap Transaction • December 2nd, 2011 • Emmis Communications Corp • Radio broadcasting stations

The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Transaction entered into between us on the Trade Date specified below (the “Transaction”). This Confirmation constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.

Emmis Communication Corporation One EMMIS Plaza, Suite 700 40 Monument Circle Indianapolis, Indiana 46204 TOTAL RETURN SWAP TRANSACTION
Total Return Swap Transaction • December 2nd, 2011 • Emmis Communications Corp • Radio broadcasting stations

The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Transaction entered into between us on the Trade Date specified below (the “Transaction”). This Confirmation constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.

Emmis Communication Corporation One EMMIS Plaza, Suite 700 40 Monument Circle Indianapolis, Indiana 46204 TOTAL RETURN SWAP TRANSACTION
Total Return Swap Transaction • December 2nd, 2011 • Emmis Communications Corp • Radio broadcasting stations

The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Transaction entered into between us on the Trade Date specified below (the “Transaction”). This Confirmation constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.

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