EXECUTIVE OPTION AGREEMENTExecutive Option Agreement • October 31st, 2011 • CC Media Holdings Inc • Radio broadcasting stations
This Option and any securities issued upon exercise of this Option are subject to restrictions on transfer and requirements of sale and other provisions as set forth below.
STOCK PURCHASE AGREEMENTStock Purchase Agreement • October 31st, 2011 • CC Media Holdings Inc • Radio broadcasting stations • Delaware
THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made as of November 15, 2010 (the “Effective Date”), by and among CC Media Holdings, Inc., a Delaware corporation (the “Company”), Clear Channel Capital IV, LLC (“Capital IV”), Clear Channel Capital V, L.P. (“Capital V”), and Pittman CC LLC, a Delaware limited liability company (“Purchaser”). Capitalized terms used but not otherwise defined herein shall have the meanings set forth in Section 4 hereof.
EMPLOYMENT AGREEMENTEmployment Agreement • October 31st, 2011 • CC Media Holdings Inc • Radio broadcasting stations • Delaware
period following an Illiquid Change of Control, 100% of the then outstanding and unvested Options shall vest and become immediately exercisable.
