February 13, 1998 Mr. Lawrence A. Busse Busse Broadcasting Corporation 141 East Michigan Avenue Suite 300 Kalamazoo, Michigan 49007 Re: INCENTIVE FEE PLAN Dear Mr. Busse: This letter agreement will confirm our understanding that, upon the closing of...Incentive Fee Plan • March 25th, 1998 • Busse Broadcasting Corp • Television broadcasting stations
This letter agreement will confirm our understanding that, upon the closing of any sale of Busse Broadcasting Corporation (the "Company"), the Company shall pay an incentive fee in accordance with the schedule set forth below. Such an incentive fee shall be payable to and allocated among those employees of the Company as you may determine in your sole discretion.
