Distribution Services Inc Watch

from S-4/A 19 pages Employment Agreement

from S-4/A 1 page American Media, Inc. Emergence Bonus Plan

from S-4/A 121 pages Collateral Agreement Dated as of December 22, 2010 Among American Media, Inc., the Subsidiaries of American Media, Inc. Identified Herein and Wilmington Trust Fsb, as Collateral Agent

from S-4/A 122 pages Collateral Agreement Dated as of December 22, 2010 Among American Media, Inc., the Subsidiaries of American Media, Inc. Identified Herein and Wilmington Trust Fsb, as Collateral Agent

from S-4/A 131 pages Guarantee and Collateral Agreement Dated as of December 22, 2010 Among American Media, Inc., the Subsidiaries of American Media, Inc. Identified Herein and Jpmorgan Chase Bank, N.A., as Administrative Agent

from S-4 8 pages Preferred Stock Purchase Agreement

from S-4 1 page Amendment No. 1, Dated as of January 17, 2011, to That Employment Agreement Dated March 16, 2010 (The “Agreement”) by and Between Jeffrey Laymon (The “Executive”) and American Media Operations, Inc. (The “Company”). Effective as of the Date First Written Above, the Agreement Is Hereby Amended as Follows: 1. Paragraph 1a of the Agreement, as Amended, Is Hereby Deleted and the Following Substituted Therefore: Employment Term. the Company Shall Employ Executive Until March 31, 2011 (The “Employment Term”) on the Terms and Subject to the Conditions Set Forth in the Agreement. the Agreement Shall Be Considered Effective as of March 16, 2010 (The “Effective Time”). in Witness Whereof, the Parties Hereto Have Duly Executed This Amendment No. 1 as of the Date First Written Above. American Media Operations, Inc. By: [Illegible] Date /S/ Jeffrey Laymon 2/8/11 Jeffery Laymon Date

from S-4 10 pages Employment Agreement

from S-4 1 page Amendment No. 3, Dated as of January 02, 2012, to That Employment Agreement Dated March 22, 2009 (The “Agreement”) by and Between Dvid Leckey (The “Executive”) and American Media Operations, Inc. (The “Company”). Effective as of the Date First Written Above, the Agreement Is Hereby Amended as Follows: 1. Paragraph 1a of the Employment Agreement Is Hereby Deleted and the Following Substituted Therefore: Employment Term. the Company Shall Employ Executive Until March 31, 2013 (The “Employment Term”) on the Terms and Subject to the Conditions Set Forth in the Agreement. the Agreement Shall Be Considered Effective as of March 22, 2009 (The “Effective Time”). All Other Terms and Conditions of Your Employment Agreement and Any Subsequent Amendments of That Employment Agreement Shall Remain in Full Force and Effect (Unless Modified Above). in Witness Whereof, the Parties Hereto Have Duly Executed This Amendment No. 7 as of the Date First Written Above. American Media Operations, Inc. By: /S/ Daniel Rotstein /S/ David Leckey David Leckey

from S-4 1 page American Media Operations, Inc. By: [Illegible] /S/ David Leckey

from S-4 1 page Amendment No. 1, Dated as of October 18, 2009, to That Employment Agreement Dated March 22, 2009 (The “Agreement”) by and Between David Leckey (The “Executive”) and American Media Operations, Inc. (The “Company”). Effective as of the Date First Written Above, the Agreement Is Hereby Amended as Follows: 1. Paragraph 1a of the Agreement, as Amended, Is Hereby Deleted and the Following Substituted Therefore: Employment Term. the Company Shall Employ Executive Until March 31, 2011 (The “Employment Term”) on the Terms and Subject to the Conditions Set Forth in the Agreement. the Agreement Shall Be Considered Effective as of March 22, 2009 (The “Effective Time”). All Other Terms and Conditions of Your Employment Agreement and Any Subsequent Amendments of the Employment Agreement Shall Remain in Full Force and Effect. in Witness Whereof, the Parties Hereto Have Duly Executed This Amendment No. 1 as of the Date First Written Above. American Media Operations, Inc. By: [Illegible] /S/ David Leckey

from S-4 10 pages Employment Agreement

from S-4 1 page Amendment No. 7, Dated as of January 02, 2012, to That Employment Agreement Dated November 1, 2004 (The “Agreement”) by and Between Kevin Hyson (The “Executive”) and American Media Operations, Inc. (The “Company”). Effective as of the Date First Written Above, the Agreement Is Hereby Amended as Follows: 1. Paragraph 1a of the Employment Agreement Is Hereby Deleted and the Following Substituted Therefore: Employment Term. the Company Shall Employ Executive Until March 31, 2013 (The “Employment Term”) on the Terms and Subject to the Conditions Set Forth in the Agreement. the Agreement Shall Be Considered Effective as of November 1 2004 (The “Effective Time”). All Other Terms and Conditions of Your Employment Agreement and Any Subsequent Amendments of That Employment Agreement Shall Remain in Full Force and Effect (Unless Modified Above). in Witness Whereof, the Parties Hereto Have Duly Executed This Amendment No. 7 as of the Date First Written Above. American Media Operations, Inc. By: /S/ Daniel Rotstein /S/ Kevin Hyson Kevin Hyson

from S-4 1 page Amendment No. 6, Dated as of January 17, 2011, to That Employment Agreement Dated November 1, 2004 (The “Agreement”) by and Between Kevin Hyson (The “Executive”) and American Media Operations, Inc. (The “Company”). Effective as of the Date First Written Above, the Agreement Is Hereby Amended as Follows: 1. Paragraph 1a of the Agreement, as Amended, Is Hereby Deleted and the Following Substituted Therefore: Employment Term. the Company Shall Employ Executive Until March 31, 2012 (The “Employment Term”) on the Terms and Subject to the Conditions Set Forth in the Agreement. the Agreement Shall Be Considered Effective as of November 1, 2004 (The “Effective Time”). All Other Terms and Conditions of Your Employment Agreement and Any Subsequent Amendments of the Employment Agreement Shall Remain in Full Force and Effect (Unless Modified Above). in Witness Whereof, the Parties Hereto Have Duly Executed This Amendment No. 6 as of the Date First Written Above. American Media Operations, Inc. By: [Illegible] /S/ Kevin Hyson Kevin Hyson

from S-4 1 page Amendment No. 5, Dated as of October 18, 2009, to That Employment Agreement Dated November 1, 2004 (The “Agreement”) by and Between Kevin Hyson (The “Executive”) and American Media Operations, Inc. (The “Company”). Effective as of the Date First Written Above, the Agreement Is Hereby Amended as Follows: 1. Paragraph 1a of the Agreement, as Amended, Is Hereby Deleted and the Following Substituted Therefore: Employment Term. the Company Shall Employ Executive Until March 31, 2011 (The “Employment Term”) on the Terms and Subject to the Conditions Set Forth in the Agreement. the Agreement Shall Be Considered Effective as of November 1, 2004 (The “Effective Time”). All Other Terms and Conditions of Your Employment Agreement and Any Subsequent Amendments of the Employment Agreement Shall Remain in Full Force and Effect (Unless Modified Above). in Witness Whereof, the Parties Hereto Have Duly Executed This Amendment No. 5 as of the Date First Written Above. American Media Operations, Inc. By: /S/ David Pecker /S/ Kevin Hyson Kevin Hyson

from S-4 1 page American Media Operations, Inc. By: /S/ David Pecker /S/ Kevin Hyson Kevin Hyson

from S-4 1 page Amendment No 3, Dated as of September 20, 2008, to That Employment Agreement Dated November 1, 2004 (The “Agreement”) by and Between Kevin Hyson (The “Executive”) and American Media Operations, Inc. (The “Company”). Effective as of the Date First Written Above, the Agreement Is Hereby Amended as Follows: 1. Paragraph 1a of the Agreement, as Amended, Is Hereby Deleted and the Following Substituted Therefore: Employment Term. the Company Shall Employ Executive Until December 31, 2009 (The “Employment Term”) on the Terms and Subject to the Conditions Set Forth in the Agreement. the Agreement Shall Be Considered Effective as of November 1, 2004 (The “Effective Time”). in Witness Whereof, the Parties Hereto Have Duly Executed This Amendment No. 3 as of the Date First Written Above. American Media Operations, Inc. By: [Illegible] 10/1/08 Date /S/ Kevin Hyson 10/1/08 Kevin Hyson Date

from S-4 1 page Amendment No 2, Dated as of December 15, 2007, to That Employment Agreement Dated November 1, 2004 (The “Agreement”) by and Between Kevin Hyson (The “Executive”) and American Media Operations, Inc. (The “Company”). Effective as of the Date First Written Above, the Agreement Is Hereby Amended as Follows: 1. Paragraph 1a of the Agreement, as Amended, Is Hereby Deleted and the Following Substituted Therefore: Employment Term. the Company Shall Employ Executive Until December 31, 2008 (The “Employment Term”) on the Terms and Subject to the Conditions Set Forth in the Agreement. the Agreement Shall Be Considered Effective as of November 1, 2004 (The “Effective Time”). in Witness Whereof, the Parties Hereto Have Duly Executed This Amendment No. 2 as of the Date First Written Above. American Media Operations, Inc. By: /S/ David Pecker 12/28/07 Date /S/ Kevin Hyson 12/28/07 Kevin Hyson Date

from S-4 1 page Amendment No 1, Dated as of September 12, 2006, to That Employment Agreement Dated November 1, 2004 (The “Agreement”) by and Between Kevin Hyson (The “Executive”) and American Media Operations, Inc. (The “Company”). Effective as of the Date First Written Above, the Agreement Is Hereby Amended as Follows: 1. Paragraph 1a of the Agreement, as Amended, Is Hereby Deleted and the Following Substituted Therefore: Employment Term. the Company Shall Employ Executive Until April 17, 2008 (The “Employment Term”) on the Terms and Subject to the Conditions Set Forth in the Agreement. the Agreement Shall Be Considered Effective as of November 1, 2004 (The “Effective Time”). All Other Terms and Conditions of the Agreement and Any Subsequent Amendments of the Agreement Shall Remain in Full Force and Effect. in Witness Whereof, the Parties Hereto Have Duly Executed This Amendment No. 1 as of the Date First Written Above. American Media Operations, Inc. By: /S/ David Rotstein /S/ Kevin Hyson Kevin Hyson 1

from S-4 9 pages Employment Agreement