Employment Agreement

This Employment Agreement (the “Agreement”), dated November 9, 20X5, is

between WXYZ, Channel 101, New York, New York (the “Station”) and Carrie

Richards (the “Reporter”).

The parties agree as follows:

1. Employment. The Station shall employ the Reporter, and the Reporter shall

work for the Station, under the terms of this Agreement.

2. Salary.

a. Base Salary. The Station shall pay the Reporter during the Term a base

salary rate of $100,000, per year in approximately equal weekly

installments, in accordance with the Station’s payroll procedures.

b. Bonus. If the Reporter airs:

i. two and a half or more, but less than three segments on average,

within a given calendar year, the Station shall pay the Reporter a

bonus of $18,000, in immediately available funds, due no later than

March 31st of the following year.

ii. three or more segments on average, within a given calendar year,

the Station shall pay the Reporter a bonus of $40,000, in

immediately available funds, due no later than March 31st of the

following year.
3. Term and Termination.

a. Term. The Term of the Reporter’s employment under this Agreement shall

begin January 1, 20X6, and shall continue for a period of two years (the

“Term”). The Term shall expire on December 31, 20X7, unless

termination occurs earlier as contemplated by this Agreement.

b. Extension of the Term.

i. Notice. If the Station wishes to extend this Agreement beyond the

Term, the Station must notify the Reporter in writing 120 days

before December 31, 20X7.

ii. Exclusive Negotiations. If the Reporter receives notice from the

Station then 90 days prior to December 31, 20X7, the Reporter

shall exclusively negotiate with the Station for 30 days with respect

to the extension of the Term. The Reporter shall not negotiate with

any third-party during this exclusive negotiating period.

c. The Parties’ Rights upon Failed Negotiations. If the parties fail to reach

an agreement, the Reporter may negotiate with third-parties after the

exclusive negotiation period has ended. If the Reporter receives a third-

party employment offer which she wishes to accept then:

i. the Reporter shall give the Station written notice of the offeror’s

terms within three days of the Reporter’s receipt of such offer; and

ii. the Station shall have the opportunity to employ the Reporter on

equal or comparable terms by notifying the Reporter in writing

within three days from the Station’s receipt of the Reporter’s notice.
 1. If the Station agrees to match or offer comparable terms, the

Station and the Reporter shall enter into a new employment

agreement on such terms;

2. If the Station decides to not match or offer comparable

terms, the Reporter may accept the third-party offer for

employment to begin after the expiration of the Term of this

Agreement.

4. The Station’s Right to Terminate. The Station may terminate this Agreement

for “cause” prior to the expiration of the Term if the Reporter engages in any of

the following:

a. Misconduct including but not limited to directly aiding the Station’s

competitor;

b. Failure to follow direct orders from a superior;

c. Failure or neglect by the Reporter to perform assigned duties of the

Reporter’s position;

d. Dishonesty or deceit in the course of employment;

e. On-air obscenity or impropriety, oral or visual;

f. Any material violation of policy in the Station’s Employee Handbook

including but not limited to violation of:

i. the Station’s drug and alcohol abuse policy including using,

possessing or selling intoxicants, illegal drugs or controlled

substances on the Station’s property;

ii. the Station’s absenteeism policy.

g. The Reporter’s failure to conduct herself in public without due regard to

social conventions and public morals;

h. Conduct that could jeopardize the Station’s license to operate;

i. Conduct punishable as a felony under state or federal law;

j. Violation of the Federal Communications Commission rules or regulations;

k. Any action involving a material breach of the terms of this Agreement;

l. The Station shall determine whether particular conduct constitutes “cause”

and whether conduct is considered to be “material.” The Station shall

make such determinations in good faith and not act arbitrarily or

capriciously.