2009 Salary Reduction Letter from Joseph L. Lovejoy to Fisher Communications

Summary

Joseph L. Lovejoy voluntarily agrees to reduce his 2009 salary by 5%, effective January 1, 2009, as a personal contribution to Fisher Communications' cost-reduction efforts during a challenging economic period. The letter is addressed to Colleen Brown and expresses appreciation for her support.

EX-10.2 3 dex102.htm 2009 SALARY REDUCTION LETTER FROM JOSEPH L. LOVEJOY, DATED MARCH 9, 2009 2009 Salary Reduction Letter from Joseph L. Lovejoy, dated March 9, 2009

Exhibit 10.2

[Fisher Letterhead]

Date:

March 9, 2009

To:

Colleen Brown

From:

Joe Lovejoy

Re:

2009 Salary Adjustment

Given the current, troubling economic environment and its impact on Fisher, I would like to make a personal contribution to Fisher’s continuing efforts to reduce costs. Accordingly, I would like to voluntarily reduce my 2009 salary by 5%, effective January 1, 2009.

I have appreciated your continuing support of my career at Fisher and feel this decision is the right one for these times.