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4301 Anchor Plaza Parkway <br /> DT .did Suite 400 <br /> Tampa, FL 33634 <br /> Email: Caroline.Palmer@dtz.com <br /> Phone: (813)349-8377 <br /> March 5, 2015 <br /> VIA OVERNIGHT MAIL 141t4 <br /> (772) 226-1424 <br /> MqR Et) <br /> IndianllRiverr. WliamDCournty eBaalCpv�l`Y 1 © ��,� <br /> 1801 27CountythtStre itorney's Office �F��kNFY"s <br /> Vero Beach, FL 32960-3365 <br /> RE: FPR-009; that certain License dated May 7, 1996 between Indian River County <br /> ("Landlord") and Capstar Radio Operating Company ("Tenant") as successor to Media <br /> VI, as successor in interest to Shargo, Inc., as amended and renewed by the Consent to <br /> Assumption of License and Agreement for Renewal of License to Use Real Property for a <br /> Radio Tower, dated 2003 (the "Lease"). <br /> Dear Mr. DeBraal: <br /> In order to facilitate completion of the pending transaction between iHeart Media Inc. <br /> ("iHeart") and Vertical Bridge Acquisitions, LLC or its affiliate ("Vertical Bridge"), we must ask <br /> your assistance in signing both copies of the enclosed Memorandum of Lease ("MOL") where <br /> indicated. Your signature must be witnessed and/or notarized on both originals, as appropriate. <br /> After signature, please scan and email a copy of the signed document same-day to Jason Fried <br /> at jason.fried@kirkland.com and return both originals via overnight mail in the enclosed pre- <br /> addressed and pre-paid Federal Express Envelope to Jason's attention. <br /> The MOL will be counter-signed at closing and the fully executed MOL recorded at the <br /> relevant county's recorder of deeds. Time is of the essence and your prompt cooperation is <br /> greatly appreciated. Should you have any questions, feel free to contact our office. <br /> Respectfully, <br /> Caroline J. Palmer, RPA, FMA <br /> Manager, Portfolio Lease Administration <br /> Enclosures <br /> 55 <br />