0000950137-05-010720 Sample Contracts

ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • August 25th, 2005 • Emmis Communications Corp • Radio broadcasting stations • New York

THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is made as of August 19, 2005 among Emmis Television Broadcasting, L.P., an Indiana limited partnership, Emmis Television License, LLC, an Indiana limited liability company, and Emmis Indiana Broadcasting, L.P., an Indiana limited partnership (collectively, “Seller”) and LIN Television Corporation, a Delaware corporation (“Buyer”).

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EMMIS COMMUNICATIONS CORPORATION EMMIS OPERATING COMPANY August 22, 2005
Emmis Communications Corp • August 25th, 2005 • Radio broadcasting stations

This shall confirm our agreement to amend your employment agreement with Emmis Operating Company (the “Company”) dated March 1, 2003, as amended by a letter agreement dated May 13, 2005 (the “Amendment”) (such employment agreement as so amended, the “Employment Agreement”), and the Change in Control Severance Agreement between you and Emmis Communications Corporation dated August 11, 2003, as amended by the Amendment (as so amended, the “CIC Agreement”), upon terms and subject to the conditions set forth in this letter agreement.

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