OUTDOOR CHANNEL HOLDINGS, INC. ASSUMPTION, ACKNOWLEDGMENT AND AMENDMENT AGREEMENTAssumption, Acknowledgment and Amendment Agreement • November 21st, 2012 • Intermedia Outdoor Holdings, Inc. • California
This Assumption, Acknowledgment and Amendment Agreement (the “Agreement”) is entered into by and between Outdoor Channel Holdings, Inc., a Delaware corporation (the “Company”), InterMedia Outdoor Holdings, Inc., a Delaware corporation (“Parent”) and Thomas D. Allen (“Executive” and, together with the Company and Parent, the “Parties”), effective as of and contingent upon the Closing (as defined below) (the “Effective Date”); provided, however, that Section 5 of this Agreement will become effective as of the date both Parties sign this Agreement.
