0000950137-05-006059 Sample Contracts

ASSET EXCHANGE AGREEMENT between EMMIS RADIO, LLC EMMIS RADIO LICENSE, LLC and BONNEVILLE INTERNATIONAL CORPORATION BONNEVILLE HOLDING COMPANY January 14, 2005

Asset Exchange Agreement • May 16th, 2005 • Emmis Communications Corp • Radio broadcasting stations • Arizona

• Contract Type
  Asset Exchange Agreement
• Filed
  May 16th, 2005
• Company
  Emmis Communications Corp
• Industry
  Radio broadcasting stations
• Jurisdiction
  Arizona

THIS ASSET EXCHANGE AGREEMENT (the “Agreement”), dated as of January 14, 2005, is between EMMIS RADIO, LLC, an Indiana limited liability company (“Emmis Operating”), and EMMIS RADIO LICENSE, LLC, an Indiana limited liability company (“Emmis License”, and together with Emmis Operating, the “Emmis Entities”); and BONNEVILLE INTERNATIONAL CORPORATION, a Utah corporation (“Bonneville International”), and BONNEVILLE HOLDING COMPANY, a Utah corporation (“Bonneville Holding”, and together with Bonneville International, the “Bonneville Entities”).

May 13, 2005 Randall D. Bongarten c/o Emmis Communications Corporation 40 Monument Circle, Suite 700 Indianapolis, IN 46204 Re: Amendment to Employment Agreement Dear Randy:

Employment Agreement • May 16th, 2005 • Emmis Communications Corp • Radio broadcasting stations

• Contract Type
  Employment Agreement
• Filed
  May 16th, 2005
• Company
  Emmis Communications Corp
• Industry
  Radio broadcasting stations

This letter shall confirm our agreement to amend your employment agreement with Emmis Operating Company dated March 1, 2003 (the “Agreement”), upon the terms and subject to the conditions set forth in this letter (the “Amendment”).