0001437749-14-003874 Sample Contracts

PURCHASE AGREEMENT Dated as of November 20, 2013 among Hoak Media, LLC and Gray Television Group, Inc. with respect to the acquisition of certain subsidiaries of Hoak Media, LLC

Purchase Agreement • March 11th, 2014 • Gray Television Inc • Television broadcasting stations • Delaware

• Contract Type
  Purchase Agreement
• Filed
  March 11th, 2014
• Company
  Gray Television Inc
• Industry
  Television broadcasting stations
• Jurisdiction
  Delaware

This PURCHASE AGREEMENT (this “Agreement”) is made as of the 20th day of November, 2013 (the “Execution Date”), by and among Hoak Media, LLC (“Seller”), and Gray Television Group, Inc., a Delaware corporation (“Buyer”).

SECOND SUPPLEMENTAL INDENTURE

Supplemental Indenture • March 11th, 2014 • Gray Television Inc • Television broadcasting stations • New York

• Contract Type
  Supplemental Indenture
• Filed
  March 11th, 2014
• Company
  Gray Television Inc
• Industry
  Television broadcasting stations
• Jurisdiction
  New York

SECOND SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of December 31, 2013, by and among Gray Television, Inc., a Georgia corporation (the “Company”), each of Yellowstone Television, LLC and Yellowstone LicenseCo LLC, Delaware limited liability companies and subsidiaries of the Company (together, the “New Guarantors”), and U.S. Bank National Association, a national association under the laws of the United States, as trustee (the “Trustee”) under the Indenture (defined below).