Preview | Employment Agreement |

EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT (this Agreement) is effective as of this 19th day of March, 2001, between Sinclair Broadcast Group, Inc., a Maryland corporation (SBG), and Lucy Rutishauser (Employee).

RECITALS

A. SBG, through its wholly-owned subsidiaries, owns or operates television broadcast stations.

B. SBG, pursuant to an Employment Agreement dated December 8, 1998, which Employment Agreement was amended by that certain Letter Agreement dated March 30, 2000 (collectively, the Previous Employment Agreement), employed Employee as Assistant Treasurer of SBG.

C. Employee has been promoted to the position of Treasurer of SBG, and SBG and Employee desire to set forth the terms of employment of Employee with SBG as Treasurer of SBG.

D. It is the intention of SBG and Employee that this Agreement supersede and replace the Previous Employment Agreement.

NOW, THEREFORE, IN CONSIDERATION OF the mutual covenants herein contained, the parties hereto agree as follows:

1. Duties.

1.1. Duties Upon Employment. Upon the terms and subject to the other provisions of this Agreement, commencing on the date hereof (the Effective Date), Employee will be employed by SBG in Cockeysville, Maryland as Treasurer of SBG. As Treasurer, Employee will

(a) report to SBGs Chief Financial Officer; and

(b) have such responsibilities and perform such duties as may from time to time be established by SBGs Chief Financial Officer or other senior officers.

1.2. Full-Time Employment. While an employee of SBG, Employee agrees to devote Employees full working time, attention, and best efforts exclusively to the business of SBG and its subsidiaries.

2. Term.

2.1. Term. The term of Employees employment as the Treasurer of SBG under this Agreement (the Employment Term) will begin on the Effective Date and continue until employment is terminated in accordance with Section 4. As used in this Agreement, an employment year is a twelve (12) month period beginning on January 1 and ending on the next following December 31; provided, however, that the first employment year shall begin on the Effective Date and shall end on December 31, 2001.

2.2. At Will Employment. Notwithstanding anything else in this Agreement, including, without limitation, the provisions of Sections 2.1. and 3 regarding the employment term and compensation and benefits of Employee, respectively, the employment of Employee is not for a specified period of time, and SBG may terminate the employment of Employee with or without Cause (as defined below) at any time. There is not, nor will there be, unless in a writing signed by all of the parties to this Agreement, any express or implied agreement as to the continued employment of Employee.

3. Compensation and Benefits.

3.1. Compensation. Employee shall be entitled during each employment year to the compensation determined by the Chief Executive Officer of SBG in connection with SBGs Compensation Committee. During the first year, Employee shall be compensated at a per annum rate of One Hundred Fifty Three Thousand Dollars ($153,000.00).

3.2. Bonus. In calendar year beginning January 1, 2001 and for each subsequent calendar year of the Employment Term, Employee may receive a bonus of up to twenty five percent (25%) of the salary paid to Employee in such calendar year (except for the first year of employment, such bonus shall be prorated from the Effective Date), such bonus to be determined in the sole discretion of the Chief Financial Officer in consultation with the Compensation Committee.

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