EX-10.4
from 10-Q
9 pages
As of January 1, 2008 Harry T. Hawks [Address on File] Dear Harry: This Letter Constitutes All of the Terms of the Employment Agreement Between You and Hearst-Argyle Television, Inc. (“Hearst-Argyle”). It Is Subject to the Approval of the Board of Directors of Hearst-Argyle. the Terms Are as Follows: 1. Legal Name of Employee: Harry T. Hawks 2. Mailing Address of Employee: [Address on File] 3. Title of Position; Duties: Executive Vice President & Chief Financial Officer You Agree to Carry Out the Duties Assigned to You by the Senior Executives of Hearst-Argyle. Hearst-Argyle Has the Right to Assign You to Other Duties Consistent With Those of Other Executives of Your Level. 4. Length of Employment. the Term of This Agreement Will Start on January 1, 2008 and Continue Through December 31, 2010 (The “Term”). 5. Salary. You Will Receive a Base Salary for All Services to Hearst-Argyle as Follows: The Salary Will Be Paid According to Hearst-Argyle’s Payroll Practices, but Not Less Frequently Than Twice a Month. You Acknowledge That You Work in a Position That Is Not Entitled to Overtime Pay. in Addition It Is Understood That You Are Eligible to Receive a Bonus Up to a Maximum of 75% of Your Base Salary. the Criteria for the Bonus Will Be Set by the Compensation Committee of the Board of Directors of Hearst-Argyle, at Its Sole Discretion. the Bonus Is Payable Only for as Long as You Work for Hearst-Argyle, and Will Be Payable Only at the End of a Complete Bonus Cycle and Is Not Proratable, Except in the Event of Your Death, When It Will Be Proratable. in Determining the Amount of Your Bonus, the Books and Records of Hearst-Argyle Are Absolute and Final and Not Open to Dispute by You. Hearst-Argyle Will Pay Any Bonus Due You by March 31 of the Year Following the Year for Which the Bonus Is Applicable
12/34/56
EX-10.3
from 10-Q
6 pages
As of February 1, 2007 Mr. Frank C. Biancuzzo [Address on File] Dear Frank: This Letter Constitutes All of the Terms of the Employment Agreement Between You and Hearst-Argyle Television, Inc. (“Hearst-Argyle”). It Is Subject to the Approval of the Board of Directors of Hearst-Argyle. the Terms Are as Follows: 1. Legal Name of Employee: Frank C. Biancuzzo 2. Mailing Address of Employee: [Address on File] 3. Title of Position; Duties: Senior Vice President You Agree to Carry Out the Duties Assigned to You by the Senior Executives of Hearst-Argyle. Hearst-Argyle Has the Right to Assign You to Other Duties Consistent With Those of Other Executives of Your Level. 4. Length of Employment. the Term of This Agreement Will Start on February 1, 2007 and Continue Through December 31, 2008 (The “Term”). 5. Salary. You Will Receive a Base Salary for All Services to Hearst-Argyle as Follows: The Salary Will Be Paid According to Hearst-Argyle’s Payroll Practices, but Not Less Frequently Than Twice a Month. You Acknowledge That You Are Not Entitled to Overtime Pay. in Addition It Is Understood That You Are Eligible to Receive a Bonus Up to a Maximum of 75% of Your Base Salary. the Criteria for the Bonus Will Be Set by the Compensation Committee of the Board of Directors of Hearst-Argyle, at Its Sole Discretion. the Bonus Is Payable Only for as Long as You Work for Hearst-Argyle, and Will Be Payable Only at the End of a Complete Bonus Cycle and Is Not Proratable, Except in the Event of Your Death, When It Will Be Proratable. in Determining the Amount of Your Bonus, the Books and Records of Hearst-Argyle Are Absolute and Final and Not Open to Dispute by You. Hearst-Argyle Will Pay Any Bonus Due You by March 31 of the Year Following the Year for Which the Bonus Is Applicable
12/34/56