Exhibit 10.8
SIXTH EXTENSION OF
THE AMENDED AND RENEWED MANAGEMENT SERVICES
AGREEMENT
THIS
SIXTH EXTENSION OF THE AMENDED AND RENEWED MANAGEMENT SERVICES
EXTENSION AGREEMENT is entered into as of the 1st day of
January, 2009, by and between The Hearst Corporation ("Hearst"), a
Delaware corporation, and Hearst-Argyle Television, Inc. (the
"Company"), a Delaware corporation.
W I T N E S S E T
H
WHEREAS,
Hearst and the Company entered into an Amended and Renewed
Management Services Agreement dated as of August 29, 2000 (the
"Amended and Renewed Management Services Agreement");
WHEREAS,
Hearst and the Company extended the Amended and Renewed Management
Services Agreement pursuant to and initial Extension and subsequent
Second Extension of the Management Services Agreement;
and
WHEREAS,
Hearst and the Company mutually desire to further extend the term
of the Amended and Renewed Management Services Agreement as set
forth hereinafter;
NOW,
THEREFORE, in consideration of the mutual covenants and agreements
contained herein, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the term
of the Amended and Renewed Management Services Agreement is hereby
extended for each of the Managed Stations respectively until the
earlier of: (i) Hearst's divestiture of such Managed Station
to a third party; (ii) if applicable, the exer
