Extension Confirmation Letter for Agreement for Sale of Commercial Time for KODE-TV between Nexstar Broadcasting, Inc. and Mission Broadcasting, Inc.

Summary

Nexstar Broadcasting, Inc. and Mission Broadcasting, Inc. have agreed to extend their existing agreement for the sale of commercial time on KODE-TV in Joplin, Missouri. The original agreement, set to expire on September 30, 2014, will automatically renew for an additional ten years since neither party provided notice to terminate. Both parties confirm their intent to continue under the current terms, as previously amended.

EX-10.1 2 nxst-ex101_20140930143.htm EX-10.1

Exhibit 10.1

September 15, 2014

Mr. Dennis Thatcher

Mission Broadcasting, Inc.

30400 Detroit Road

Suite 304

Westlake, OH 44145-1855

Re: Agreement for the Sale of Commercial Time for KODE-TV

Dear Dennis:

Nexstar Broadcasting, Inc. (“Nexstar”) and Mission Broadcasting, Inc. (“Mission”) are parties to an Agreement for Sale of Commercial Time for broadcast station KODE-TV, Joplin, Missouri dated as of October 1, 2004 (as amended) (the “Agreement”), the initial term of which expires as of September 30, 2014. Pursuant to Section 1 of the Agreement, the term of the Agreement shall be extended for an additional ten (10) year term, unless either party provides at least six months notice of its intent to terminate the Agreement.

This letter is to confirm that neither Nexstar nor Mission has provided the requisite notice of termination for the Agreement; and it is the parties’ intent that the Agreement continue in effect pursuant to the terms thereof (as amended from time to time). Please confirm Mission’s agreement by signing this letter and returning it to my attention.

Thank you.

Sincerely,

/s/ Elizabeth Ryder

Elizabeth Ryder

Senior Vice President & General Counsel

Acknowledged and Agreed:

Mission Broadcasting, Inc.

By:		/s/ Dennis Thatcher
		Dennis Thatcher
		President