Senior Executive Option Agreement Sample Contracts

Optionee: [ ]
Senior Executive Option Agreement • March 30th, 2011 • CRC Health CORP • Services-specialty outpatient facilities, nec

This Option and any securities issued upon exercise of this Option are subject to restrictions on voting and transfer and requirements of sale and other provisions as set forth in the Stockholders Agreement among CRC Health Group, Inc. and certain investors, dated as of February 6, 2006, as amended August 13, 2008 and from time to time thereafter (the “Stockholders Agreement”). This Option and any securities issued upon exercise of this Option constitute Management Shares as defined therein.

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SENIOR EXECUTIVE OPTION AGREEMENT
Senior Executive Option Agreement • July 30th, 2008 • C C Media Holdings Inc • Radio broadcasting stations

This Option and any securities issued upon exercise of this Option are subject to restrictions on voting and transfer and requirements of sale and other provisions as set forth in the Stockholders Agreement, dated as of July 29, 2008, among CC Media Holdings, Inc., BT Triple Crown Merger Co., Inc. (“MergerSub”), Clear Channel Capital IV, LLC, Clear Channel Capital V, L.P., Mark P. Mays, L. Lowry Mays, Randall T. Mays, and other stockholders of CC Media Holdings, Inc. who from time to time may become a party thereto, as amended from time to time (the “Stockholders Agreement”), and the Side Letter Agreement, dated as of July 29, 2008, among CC Media Holdings, Inc., MergerSub, Clear Channel Capital IV, LLC, Clear Channel Capital V, L.P., Mark P. Mays, L. Lowry Mays and Randall T. Mays (“Side Letter Agreement,” together with the Stockholders Agreement, the “Equity Agreements”). This Option and any securities delivered hereunder constitute Executive Shares as defined in the Stockholders Agr

CLEAR CHANNEL 2008 EXECUTIVE INCENTIVE PLAN SECOND AMENDMENT TO SENIOR EXECUTIVE OPTION AGREEMENT December 22, 2009
Senior Executive Option Agreement • December 29th, 2009 • CC Media Holdings Inc • Radio broadcasting stations

Pursuant to Section 9 of each of the Clear Channel 2008 Executive Incentive Plan (the “Plan”) and Section 9 of the Senior Executive Option Agreement (the “Agreement”) dated July 30, 2008 and amended as of October 14, 2008 between Randall T. Mays (the “Optionee”) and CC Media Holdings, Inc. (the “Company”), the Optionee and the Company hereby agree to amend the Agreement, as follows, effective as of the date set forth herein:

CLEAR CHANNEL 2008 EXECUTIVE INCENTIVE PLAN AMENDMENT TO SENIOR EXECUTIVE OPTION AGREEMENT
Senior Executive Option Agreement • February 21st, 2012 • CC Media Holdings Inc • Radio broadcasting stations

The Senior Executive Option Agreement dated July 30, 2008 by and between the Optionee and CC Media Holdings, Inc. (the “Company”) pursuant to Section 9 of the Clear Channel 2008 Executive Incentive Plan is hereby amended as follows, effective as of the date set forth below. All terms not defined herein shall have the same meaning as in the Senior Executive Option Agreement.

CLEAR CHANNEL 2008 EXECUTIVE INCENTIVE PLAN SECOND AMENDMENT TO SENIOR EXECUTIVE OPTION AGREEMENT June 23, 2010
Senior Executive Option Agreement • June 24th, 2010 • Clear Channel Outdoor Holdings, Inc. • Services-advertising

Pursuant to Section 9 of each of the Clear Channel 2008 Executive Incentive Plan (the “Plan”) and Section 9 of the Senior Executive Option Agreement (the “Agreement”) dated July 30, 2008 and amended as of October 14, 2008 between Mark P. Mays (the “Optionee”) and CC Media Holdings, Inc. (the “Company”), the Optionee and the Company hereby agree to amend the Agreement, as follows, effective as of the date set forth herein:

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