0001144204-17-048752 Sample Contracts

ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • September 20th, 2017 • Salem Media Group, Inc. /De/ • Radio broadcasting stations

This Asset Purchase Agreement (this “Agreement”) is dated as of September 15, 2017, by and between AM 570, LLC, a Maryland limited liability company (“Seller”), and Salem Media of Virginia, Inc., a Virginia corporation (“Buyer”).

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LOCAL MARKETING AGREEMENT
Local Marketing Agreement • September 20th, 2017 • Salem Media Group, Inc. /De/ • Radio broadcasting stations • Maryland

THIS LOCAL MARKETING AGREEMENT (this “Agreement”) is made and entered into as of this 15th day of September, 2017, by and between AM 570, LLC, a Maryland limited liability company (“Licensee”) and Salem Media of Virginia, Inc., a corporation organized and subsisting under the laws of the State of Virginia (the “Programmer”).

LEASE AGREEMENT
Lease Agreement • September 20th, 2017 • Salem Media Group, Inc. /De/ • Radio broadcasting stations • Maryland

This Lease Agreement (“Agreement”) is made as of September 15, 2017, by and between Salem Radio Properties, Inc., a Delaware corporation (“Lessor”), and AM 570 LLC, a Maryland limited liability company (“Lessee”), programmer of radio station WSPZ(AM), FCC Facility ID No. 11846 (the “Station”).

ASSIGNMENT AND ASSUMPTION OF REAL PROPERTY RIGHTS AND OBLIGATIONS UNDER ASSET PURCHASE AGREEMENT
Assignment and Assumption • September 20th, 2017 • Salem Media Group, Inc. /De/ • Radio broadcasting stations

This Assignment and Assumption of Real Property Rights and Obligations under Asset Purchase Agreement (“Assignment and Assumption”), dated as of September 12, 2017, is entered into by and between AM 570, LLC a Maryland limited liability company (“Assignor”) and SALEM RADIO PROPERTIES, INC., a Delaware corporation (“Assignee”).

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