Proudly presents coverage of THE 2017 GOLF MAJORS

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1 Proudly presents coverage of THE 2017 GOLF MAJORS BRING THE WORLD'S FINEST TOURNAMENTS HOME TO YOUR LISTENERS AND LOCAL SPONSORS! Please check the boxes below to request coverage of the Masters, US Open, British Open, and PGA Championship The Masters Augusta National Golf Club Augusta, GA April 6-9, 2017 UPDATE REPORTS : Three-minute updates available twice an hour, with additional two-minute reports on the weekends. LONG-FORM COVERAGE : Exclusive live hole-by-hole coverage airs from 2:00 PM - Approximately 7:30 PM ET. THE MASTERS TONIGHT : Airs Wednesday, April 5th - Sunday, April 9th. Nightly 30-minute show recaps each day's events. Available to air each night starting at 11pm ET up to 12am local time. U.S. Open Erin Hills Erin, WI June 15-18, 2017 UPDATE REPORTS : Two-minute updates available twice an hour, with additional reports on the weekends. British Open Royal Birkdale Southport, UK July 20-23, 2017 UPDATE REPORTS : Two-minute updates available twice an hour, with additional reports on the weekends. PGA Championship Quail Hollow Club Charlotte, NC August 10-13, 2017 UPDATE REPORTS : Two-minute updates available twice an hour, with additional reports on the weekends. LONG-FORM COVERAGE : Exclusive live hole-by-hole coverage airs from 2:00 PM - APPROXIMATELY 6:00 PM ET. THE PGA CHAMPIONSHIP TONIGHT : Airs Wednesday, August 9th - Sunday, August 13th. Nightly 30-minute show recaps each day's events. Available to air each night starting at 11pm ET up to 12am local time. STATIONS ARE NOT PERMITTED TO STREAM ANY OF WESTWOOD ONE'S GOLF MAJORS CONTENT Dates and air times are subject to change. Stations are responsible for furnishing to Westwood One complete, accurate and fully-executed affidavits for the programs listed above. Sign up via sportsteam@westwoodone.com or Fax: / Phone: PLEASE WRITE CLEARLY WHEN FILLING OUT THE INFORMATION BELOW Call Letters Freq. City/State of License FM Translator/Freq. Name Address Phone Station Signature Westwood One Signature

2 2017 GOLF TOURNAMENT AFFILIATION AGREEMENT This 2017 Golf Tournament Affiliation Agreement (this Agreement ), dated as of, 2017 is by and between Westwood One, Inc. ( WWO ) and ( Broadcaster ) the owner and/or operator of radio station ( Station ). WWO and Broadcaster may be referred to herein each individually as a Party and collectively as the Parties. In consideration of the mutual covenants and agreements set forth herein, the receipt and sufficiency of which are hereby acknowledged, with the intent to be legally bound, the Parties hereby agree as follows: I. LICENSE A. Subject to the terms and conditions of this Agreement, during the Term (defined below) and solely in the United States, Westwood hereby grants to Broadcaster, and Broadcaster hereby accepts, a non-exclusive, non-assignable, non-transferable, limited license to broadcast, solely via over-the-air terrestrial radio or AM/FM frequency radio broadcast on Station (including 100% of Station s simulcast on its HD channels), programming related to the golf tournaments (each a Tournament ) set forth on attached Schedule A (the Programs ) solely on a live basis and in their entirety unless otherwise expressly set forth on Schedule A (the License ). B. Broadcaster may not grant sublicenses of any kind under the License without the prior written consent of WWO. Broadcaster has no other rights with respect to the Programs or any information or content incorporated therein. Without limiting the foregoing, without written authorization from WWO, Broadcaster will not authorize, cause, permit or enable anything to be done whereby any Program or segment thereof, or Network Commercial, may be recorded, duplicated, sold, transferred, rebroadcast, reproduced or otherwise transmitted or used for any purpose other than broadcasting by Station as specifically provided in this Agreement. Unauthorized use or transmission, including through the Internet, either simultaneously or delayed, will be deemed a material breach of this Agreement and an infringement on WWO s rights in and to the Programs. Notwithstanding the foregoing, Station may re-broadcast The Masters Tonight and The PGA Championship Tonight (solely up to 12 am local time following such initial broadcast). C. Broadcaster shall not use any trademark, logo or service mark of Augusta National Golf Club, the PGA of America, or any other rights holder of a Tournament ( Third Party Marks ) without the express written consent of WWO (who may need to obtain the consent of such third parties). No right to use any Third Party Mark is licensed hereunder. II. BROADCASTING A. Broadcaster shall broadcast the Programs on Station live, in their committed entirety, without deletions or alterations, including Network Commercials, and precisely as furnished and instructed by WWO. Broadcaster shall furnish to WWO, via the Internet and/or in accordance with any substitute system provided by WWO, complete, accurate, and fully-executed affidavits, on forms provided by WWO, affirming that all Programs and Network Commercials included therein were broadcast in full in accordance with the terms hereof ( Affidavits )

3 B. Broadcaster is solely responsible for payment of any public performance music license fees or royalties and will maintain for Station such licenses, including, but not limited to, ASCAP, BMI or SESAC licenses, as are necessary for the broadcast of Programs and Network Commercials. C. Broadcaster will not accept any advertisements in connection with Programs that: (i) promote gambling in any way; (ii) advocate viewpoints on controversial issues of public importance; (iii) advertise weapons, ammunition, alcoholic beverages or tobacco products; (iv) contain material that is defamatory, obscene, profane, vulgar or otherwise offensive to the general public; (v) include Third Party Marks; (vi) expressly or impliedly indicate a sponsorship, official sponsorship, or endorsement of a Tournament; or (vii) relate to any contest or sweepstakes involving a Tournament. Title sponsorship on any Program shall not be permitted, including without limitation any title sponsorship that relates to a Tournament or that implies a marketing relationship therewith. D. In connection with the Programs, Broadcaster agrees to adhere to standards, procedures, practices and advertising guidelines applicable to a Tournament, as well as to the terms of any agreements by and between the rights holder of a Tournament and WWO, pursuant to which WWO provides the License granted hereunder, as may be communicated by WWO to Broadcaster from time-to-time during the Term, including by attachment to this Agreement. III. TERM AND TERMINATION A. The Term(s) of this Agreement will commence on 4/1/17 and will continue until 8/13/17 (the Term ), or as may otherwise be agreed to by the Parties in writing. B. Either Party may terminate this Agreement by giving the other Party written notice of termination if the breaching Party violates or breaches any provision of this Agreement. Termination of this Agreement by either Party by reason of any violation by the other of the terms hereof is without prejudice to any and all other rights and remedies, legal and equitable, to which such non-breaching Party may be entitled. IV. PROGRAM OWNERSHIP Subject to the terms of this Agreement, Broadcaster acknowledges that all rights and interest in and to the Programs, including without limitation intellectual property rights, as between Broadcaster and WWO, are and shall remain the exclusive property of WWO or the party licensing the Programs to WWO. V. MISCELLANEOUS A. All notices, consents and approvals hereunder will be in writing and will be deemed to have been given and received (a) when delivered personally or by courier or (b) when sent by confirmed , in each case at the respective contacts for the Parties indicated on the attached signature page. B. This Agreement shall be a contract made under the laws of the State of New York and shall be governed by and construed in accordance with the laws of the State of New York without regard to any choice of law or conflicts of law principles. With respect to any dispute arising hereunder or any action, suit, or proceeding relating, directly or indirectly, to this Agreement, Broadcaster hereby (i) consents to the exclusive jurisdiction of the Federal District Court for the Southern District of New York and the Courts of the State of New York in New York County, (ii) waives any objection of venue in any of the aforesaid courts or any right to claim that any such court constitutes an inconvenient forum, and (iii) agrees that service of process may be effected by mailing, prepaid postage, certified mail, return receipt requested, or any other means permitted by the rules of any of the aforesaid courts. In any action, suit or proceeding relating to this Agreement, the prevailing party shall be entitled to collect from the other party all of its - 2 -

4 costs and expenses in such action, suit or proceeding, including, without limitation, reasonable attorneys fees and disbursements. Broadcaster shall be responsible for reimbursement of any fees incurred by WWO to enforce payment provisions or other obligations of Broadcaster or Station hereunder. C. During the Term of this Agreement, WWO shall have the right to use the name of Broadcaster and Station s call letters in connection with promotion of the WWO and Station s and Broadcaster s association with it. D. The individual executing this Agreement hereby warrants and represents that he/she is legally authorized to execute agreements on behalf of Broadcaster and Station and does so intending to be legally bound. E. Notwithstanding anything contained herein to the contrary, this Agreement does not create a partnership, joint venture or relationship of trust or agency among the Parties. This Agreement and any executed addenda attached hereto constitute the entire agreement between the parties with respect to the subject matter hereof, and supersede any and all prior agreements or understandings of any nature whatsoever between the parties with respect to such subject matter. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provisions hereof. If any of the covenants or agreements in this Agreement are determined to be unenforceable by reason of extent, scope, duration or otherwise, then the Parties contemplate and it is their intention that the court making such determination shall reduce such extent, scope, duration or other provision and enforce them in their reduced form to the maximum extent enforceable under applicable law. No term or provision of this Agreement shall be amended, changed, modified, waived or discharged except by an instrument in writing signed by an authorized representative of each of the parties hereto. No delay or failure on the part of any Party in the exercise of any right granted under this Agreement or available at law or equity shall be construed as a waiver of such right. All waivers must be in writing. Broadcaster may not assign any or all of its rights or delegate any or all of its duties or obligations under this Agreement without the express written consent of WWO, which shall not be unreasonably withheld. All remedies in this Agreement are cumulative, in addition to and not in lieu of any other remedies available to a Party at law or in equity, subject only to the express limitations on liabilities and remedies set forth herein. This Agreement may be executed in counterparts, including via facsimile and electronic copy, each of which shall be deemed an original and all of which together shall constitute one instrument. F. The attached Schedules and Exhibits are incorporated herein by reference and made part of the terms and conditions of this Agreement. The Programs and the material contained within the Programs, including without limitation the anticipated hosts of the Programs, are subject to changes, additions and deletions at the discretion of WWO and any such modification instituted by WWO shall not affect the binding nature of this Agreement. In addition, Broadcaster s rights hereunder and use and broadcast of the Programs shall be subject to any additional or changed rules, regulations or requirements instituted by a Tournament or the rights holder thereof and applicable to the Programs, the broadcast thereof, any advertising incorporated therein, or any related subject matter. [Next page is a signature page] - 3 -

5 IN WITNESS WHEREOF, the Parties hereto have duly executed this Agreement as of the date first set forth above. BROADCASTER: WESTWOOD ONE, INC. Name: Title: Name: Title: Notices: Notices: 220 W. 42 nd St, New York, NY

6 PROHIBITED ADVERTISING CATEGORIES FOR PGA CHAMPIONSHIP 1. Any official organization that offers a competitive program to certify an individual as a Professional Golfer (not a PGA member), including but not limited to the Professional Golfers Career College, Professional Golf Teachers Association of America, The United States Golf Teachers Federation, The Golf Academy of America and other similar organizations 2. Tobacco products (e.g., cigarettes, cigars, pipe tobacco, chewing tobacco and snuff) 3. Depilatories 4. Feminine hygiene products 5. Laxatives 6. Retail golf equipment (excluding direct advertising by golf equipment manufacturers). 7. Any advertising that references, or includes any depiction of, gambling, including advertising for any hotel, casino or other establishment that houses gambling regardless of whether the advertisement references gambling. 8. Establishments that feature nude or semi-nude performers 9. Sexual materials or services (e.g., pornography or escort services) 10. Firearms, ammunition or other weapons 11. Contraceptives (e.g., condoms) 12. Restorative or enhancement products (e.g., male enhancement products) 13. Illegal products or services 14. Social cause/issue advocacy advertising, unless approved in advance