SINCLAIR BROADCAST GROUP, INC. RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • August 14th, 2006 • Sinclair Broadcast Group Inc • Television broadcasting stations • Maryland
THIS RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”) is made and entered into as of this ____ day of _____________, 200_ (the “Award Date”), between Sinclair Broadcast Group, Inc., a Maryland corporation (the “Company”), and _______________ (“Recipient”).
RELEASE AND SETTLEMENT AGREEMENTRelease and Settlement Agreement • August 14th, 2006 • Sinclair Broadcast Group Inc • Television broadcasting stations
THIS RELEASE AND SETTLEMENT AGREEMENT (“Agreement”) is made this day of April 2006, by and between Sinclair Broadcast Group, Inc. (hereinafter called “Sinclair”) and Bay Television, Inc. (hereinafter called “Bay”) on the one side, and The WB Television Network Partners, d/b/a The WB Television Network (hereinafter called “The WB”) and UPN (hereinafter called “UPN”) on the other side, (collectively, the “Parties”)
ContractSinclair Broadcast Group Inc • August 14th, 2006 • Television broadcasting stations • California
The following exhibit is a form of the agreement between Fox Broadcasting Company and Fox News Network, L.L.C., the licensee and the licensee television stations. Substantially identical agreements exist for the following stations and their licenses:
May 2, 2006Sinclair Broadcast Group Inc • August 14th, 2006 • Television broadcasting stations
This letter confirms that in consideration of and upon the execution by Bay Television, Inc. (“Bay”) of the Release and Settlement Agreement, of even date herewith (“the Release”), between, Sinclair Broadcast Group, Inc. (“Sinclair”), Bay, The WB Television Network (“The WB”) and UPN, Sinclair Broadcast will pay to Bay Seven Hundred Fifty Thousand Dollars ($750,000), such payment to be made by reducing from Five Million Dollars ($5,000,000) to Four Million Two Hundred Fifty Thousand Dollars ($4,250,000) the obligation of Bay to make a payment to The WB, which obligation is being assigned by The WB to Sinclair pursuant to the Release.
