0001193125-11-039724 Sample Contracts

EXECUTIVE REPLACEMENT OPTION AGREEMENT
Option Agreement • February 18th, 2011 • CC Media Holdings Inc • Radio broadcasting stations

This Option and any securities issued upon exercise of this Option are subject to restrictions on transfer and requirements of sale and other provisions as set forth below.

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SENIOR MANAGEMENT REPLACEMENT OPTION AGREEMENT
Option Agreement • February 18th, 2011 • CC Media Holdings Inc • Radio broadcasting stations

This Option and any securities issued upon exercise of this Option are subject to restrictions on transfer and requirements of sale and other provisions as set forth below.

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