AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF WMG MANAGEMENT HOLDINGS, LLC Dated as of December 4, 2013Limited Liability Company Agreement • December 12th, 2013 • Warner Music Group Corp. • Services-amusement & recreation services • Delaware
This Amended and Restated Limited Liability Company Agreement of WMG Management Holdings, LLC, dated as of December 4, 2013, is entered into by the Company, AI Entertainment Management, LLC (the “Managing Member”) and the Persons listed on Schedule A attached hereto, as the same may be amended from time to time (the “Members”).
December 17, 2012 Effective January 1, 2013 Mark Ansorge c/o Warner Music Inc. New York, New York 10019 Dear Mark,Warner Music Group Corp. • December 12th, 2013 • Services-amusement & recreation services
This letter summarizes the terms of your continued employment with Warner Music Inc. (“Company”), as described below. You and Company both acknowledge and agree that effective as of January 1, 2013 (“Effective Date”), your employment agreement with Company, dated July 30, 2008, effective August 7, 2008 (the “Prior Employment Agreement”), shall be terminated. Upon the termination of your Prior Employment Agreement, your employment with Company will be “at-will”. This means that either you or Company will have the right to end the employment relationship for any reason, at any time, with or without notice and with or without cause. Your at-will status shall not be affected by this letter and your at-will relationship with Company cannot be changed by anything that is said or written or by conduct unless such change is specifically acknowledged in a document that is signed by an authorized executive of Company.
