0000950123-06-002657 Sample Contracts

PLEDGE AGREEMENT
Pledge Agreement • March 6th, 2006 • Spanish Broadcasting System Inc • Radio broadcasting stations • Delaware

THIS PLEDGE AGREEMENT (this “Agreement”), is made as of March 1, 2006 (“Effective Date”), by and between MEGA MEDIA HOLDINGS, INC., a Delaware corporation (“Pledgor”), and WDLP BROADCASTING COMPANY, LLC, a Delaware limited liability company, WDLP LICENSED SUBSIDIARY, LLC, a Delaware limited liability company, ROBIN BROADCASTING COMPANY, LLC, a Delaware limited liability company, and ROBIN LICENSED SUBSIDIARY, LLC, a Delaware limited liability company (collectively, “Secured Party”).

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SECURITY AGREEMENT
Security Agreement • March 6th, 2006 • Spanish Broadcasting System Inc • Radio broadcasting stations • Delaware

THIS SECURITY AGREEMENT (this “Agreement”), is made as of March 1, 2006 (“Effective Date”), by and between MEGA MEDIA HOLDINGS, INC., a Delaware corporation (“MMH”), WDLP LICENSING, INC., a Delaware corporation (“Mega-Sub” and, together with MMH individually and collectively, “Debtor”), and WDLP BROADCASTING COMPANY, LLC, a Delaware limited liability company, WDLP LICENSED SUBSIDIARY, LLC, a Delaware limited liability company, ROBIN BROADCASTING COMPANY, LLC, a Delaware limited liability company, and ROBIN LICENSED SUBSIDIARY, LLC, a Delaware limited liability company (collectively, “Secured Party”).

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