AMENDMENT AND CONSENTAmendment and Consent • June 23rd, 2010 • Alden Global Capital LTD • Radio broadcasting stations
This letter agreement (this “Agreement”), dated as of June 23, 2010, amends and supplements the Securities Purchase Agreement (the “Purchase Agreement”), dated as of May 24, 2010, by and among Alden Global Distressed Opportunities Master Fund, L.P., Alden Global Value Recovery Master Recovery Master Fund, L.P. and Alden Media Holdings, LLC (collectively, together with their affiliates, “Alden”), JS Acquisition, LLC (the “Company”) and Jeffrey H. Smulyan (“Smulyan”). Capitalized terms used in this Agreement that are not defined herein have the respective meanings set forth for such terms in the Purchase Agreement.
