0001104659-03-010442 Sample Contracts

TIME BROKERAGE AGREEMENT
Time Brokerage Agreement • May 15th, 2003 • Hispanic Broadcasting Corp • Radio broadcasting stations • New York

THIS TIME BROKERAGE AGREEMENT (this “Agreement”) is entered into as of the 10th day of January, 2003, by and between HBC ILLINOIS, INC., a Delaware corporation (“Programmer”), and BIG CITY RADIO-CHI, L.L.C., a Delaware limited liability company (“Licensee”).

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SECOND AMENDMENT TO ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • May 15th, 2003 • Hispanic Broadcasting Corp • Radio broadcasting stations

THIS SECOND AMENDMENT TO ASSET PURCHASE AGREEMENT (this “Amendment”), is made as of May 2, 2003, by and among BIG CITY RADIO, INC., a Delaware corporation (“BCR”), BIG CITY RADIO-CHI, L.L.C., a Delaware limited liability company (“BCR License Sub”; BCR, together with BCR License Sub, “Seller”), HBC ILLINOIS, INC., a Delaware corporation (“HBC Illinois”), and HBC LICENSE CORPORATION, a Delaware corporation (“HBC License” and together with HBC Illinois the “Purchaser”).

AMENDMENT NO. 2
Hispanic Broadcasting Corp • May 15th, 2003 • Radio broadcasting stations

AMENDMENT NO. 2 dated as of October 13, 2000 among HISPANIC BROADCASTING CORPORATION, formerly known as Heftel Broadcasting Corporation (the “Borrower”); the SUBSIDIARY GUARANTORS listed on the signature pages hereto; and the LENDERS listed on the signature pages hereto (the “Lenders”).

FIRST AMENDMENT TO EMPLOYMENT, NONCOMPETITION AND ARBITRATION AGREEMENT
And Arbitration Agreement • May 15th, 2003 • Hispanic Broadcasting Corp • Radio broadcasting stations

This First Amendment to Employment, Noncompetition and Arbitration Agreement (this “Amendment”) is entered into this 2nd day of April, 2003 (the “Amendment Date”), by and between Jeffrey T. Hinson (“Employee”), and HBC Management Company, Inc. (“Employer”). Capitalized terms used herein, but not otherwise defined, shall have the same meaning assigned to them in the Agreement (as defined below).

ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • May 15th, 2003 • Hispanic Broadcasting Corp • Radio broadcasting stations • Illinois

THIS ASSET PURCHASE AGREEMENT (this “Agreement”) is made as of this 1st day of May, 2003 by and among HBC Illinois, Inc., a Delaware corporation (“HBC Illinois”), HBC License Corporation, a Delaware corporation (“HBC License”, and collectively with HBC Illinois, the “Buyer”), NextMedia Operating, Inc., a Delaware corporation (“Operating”), and NM Licensing LLC, a Delaware limited liability company (“Licensing”, and, collectively with Operating, the “Seller”).

AMENDMENT NO. 3
Hispanic Broadcasting Corp • May 15th, 2003 • Radio broadcasting stations

AMENDMENT NO. 3 dated as of May 2, 2003 among HISPANIC BROADCASTING CORPORATION, formerly known as Heftel Broadcasting Corporation (the “Borrower”); the SUBSIDIARY GUARANTORS listed on the signature pages hereto; and the LENDERS listed on the signature pages hereto (the “Lenders”).

TIME BROKERAGE AGREEMENT
Time Brokerage Agreement • May 15th, 2003 • Hispanic Broadcasting Corp • Radio broadcasting stations • Texas

This Time Brokerage Agreement, dated as of March 17, 2003, is made by and between Simmons Lone Star Media, Ltd. (“Licensee”) and HBC Broadcasting Texas, L.P. (“Broker”).

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