AMENDMENT NO. 1 TO SEPARATION AGREEMENTSeparation Agreement • January 20th, 2009 • CTC Media, Inc. • Television broadcasting stations
Contract Type FiledJanuary 20th, 2009 Company IndustryThis Amendment No. 1 (this “Amendment”) to that certain Separation Agreement dated as of September 30, 2008 (the “Separation Agreement”) between CTC Media, Inc., a Delaware corporation (the “Company”), and Vladimir Khanumyan (the “Former Executive”) is made as of January 15, 2009 and is entered into by the Company and the Former Executive.