SEVERANCE AGREEMENT AND GENERAL RELEASEClear Channel Communications Inc • November 8th, 2005 • Radio broadcasting stations • Texas
This Agreement is made and entered into by Brian E. Becker, SSN: [**], (hereinafter referred to as “Employee” or “Executive”); SFX Entertainment, Inc., d/b/a Clear Channel Entertainment and all of its past, present and future parents, subsidiaries and affiliates and their employees, officers, directors, agents, insurers and legal counsel (hereinafter referred to as “Company”); and, Clear Channel Communications, Inc. and all of its past, present and future parents, subsidiaries and affiliates and their employees, officers, directors, agents, insurers and legal counsel (hereinafter referred to as “Clear Channel”), in full and final settlement of any and all claims Employee may have or hereafter claim to have against Company and Clear Channel.
Roger Parry 27 Edwardes Square London W8 6HH 27th May 2005 Dear Roger,Clear Channel Communications Inc • November 8th, 2005 • Radio broadcasting stations
This letter confirms our agreement regarding your status with Clear Channel Outdoor, Inc. (the “Company”) effective June 1, 2005 – May 31, 2009. This letter agreement (“Letter”) supersedes all prior understandings and agreements, except as stated in this Letter. All the terms of our relationship are set forth in this Letter. For the avoidance of doubt, save as set out in this Letter, your Service Agreement shall no longer continue in force or have any effect.
