0001334978-16-000018 Sample Contracts

CLEAR CHANNEL OUTDOOR HOLDINGS, INC.
Stock Option Agreement • February 25th, 2016 • Clear Channel Outdoor Holdings, Inc. • Services-advertising • Delaware

THIS STOCK OPTION AGREEMENT (the “Agreement”), made as of this “grant date, DD” day of “grant date, MM” , ”grant date, YYYY” (the “Grant Date”) by and between Clear Channel Outdoor Holdings, Inc., a Delaware corporation (the “Company”), and “participant name” (the “Optionee”), evidences the grant by the Company of an Option to purchase a certain number of shares of the Company's Class A common stock, $.01 par value (the “Common Stock”), to the Optionee on such date and the Optionee's acceptance of this Option (as defined below) in accordance with the provisions of the Clear Channel Outdoor Holdings, Inc. 2012 Stock Incentive Plan, as it may be amended from time to time (the “Plan”). All capitalized terms not defined herein shall have the meaning ascribed to them as set forth in the Plan. The Company and the Optionee agree as follows:

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CLEAR CHANNEL OUTDOOR HOLDINGS, INC. RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • February 25th, 2016 • Clear Channel Outdoor Holdings, Inc. • Services-advertising • Delaware

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT (the “Agreement”), made as of t this “grant date, DD” day of “grant date, MM” , ”grant date, YYYY” (the “Grant Date”) by and between Clear Channel Outdoor Holdings, Inc., a Delaware corporation (the “Company”), and “participant name” (the “Grantee”), evidences the grant by the Company of an award of restricted stock units (the “Award”) to the Grantee on such date and the Grantee’s acceptance of the Award in accordance with the provisions of the Clear Channel Outdoor Holdings, Inc. 2012 Stock Incentive Plan, as it may be amended from time to time (the “Plan”). All capitalized terms not defined herein shall have the meaning ascribed to them as set forth in the Plan. The Company and the Grantee agree as follows:

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • February 25th, 2016 • Clear Channel Outdoor Holdings, Inc. • Services-advertising • Delaware

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”), made as of this this “grant date, DD” day of “grant date, MM” , ”grant date, YYYY” (the “Grant Date”) by and between Clear Channel Outdoor Holdings, Inc., a Delaware corporation (the “Company”), and “participant name” (the “Grantee”), evidences the grant by the Company of an award of restricted stock (the “Award”) to the Grantee on such date and the Grantee’s acceptance of the Award in accordance with the provisions of the Clear Channel Outdoor Holdings, Inc. 2012 Stock Incentive Plan, as it may be amended from time to time (the “Plan”). All capitalized terms not defined herein shall have the meaning ascribed to them as set forth in the Plan. The Company and the Grantee agree as follows:

SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • February 25th, 2016 • Clear Channel Outdoor Holdings, Inc. • Services-advertising

WHEREAS, Clear Channel Outdoor Holdings, Inc. (“Company”) and Christopher William Eccleshare (“Employee”) entered into an Employment Agreement effective January 24, 2012 (the “Agreement”);

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