0001050606-11-000019 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • June 22nd, 2011 • Salem Communications Corp /De/ • Radio broadcasting stations • California

This Employment Agreement (the "Agreement") is entered into as of July 1, 2011, by and between Stuart W. Epperson, an individual ("Executive"), and Salem Communications Holding Corporation, a Delaware corporation (the "Company").

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MEMORANDUM OF TERMS OF EMPLOYMENT
Memorandum of Terms • June 22nd, 2011 • Salem Communications Corp /De/ • Radio broadcasting stations • California

THIS MEMORANDUM OF TERMS OF EMPLOYMENT (“Memorandum”), is made and entered into effective as of September 15, 2011, by and between Salem Communications Holding Corporation, (hereinafter referred to as “Employer”), and Mr. David A. R. Evans (hereinafter referred to as “Executive”), upon the following terms and conditions:

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