0000950130-02-007832 Sample Contracts

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Exhibit 10.4 SENIOR SECURED NOTE
Interep National Radio Sales Inc • November 13th, 2002 • Radio broadcasting stations

This Note is a Senior Secured Note issued pursuant to that certain Agreement dated as of November 7, 2002 among Company, certain Subsidiaries of the Company, Lender and Guggenheim Investment Management, LLC, as Collateral Agent (the "Agreement"), to which reference is hereby made for a statement of all of the terms and conditions under which the loan evidenced hereby is made. All capitalized terms, unless otherwise defined herein, shall have the meanings ascribed to them in the Agreement.

GUARANTY
Interep National Radio Sales Inc • November 13th, 2002 • Radio broadcasting stations • New York
by and among
Credit Agreement • November 13th, 2002 • Interep National Radio Sales Inc • Radio broadcasting stations • New York
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