Amendment To And Extension of Time Brokerage Agreement

Exhibit 10.10


AMENDMENT TO AND EXTENSION OF TIME BROKERAGE AGREEMENT


This AMENDMENT TO AND EXTENSION OF TIME BROKERAGE AGREEMENT (this " TBA Amendment" ) is entered into as of December 9, 2003, by and between Diversified Communications (" Broker" ) and Atlantic Media Group, Inc. (" Atlantic" ).


RECITALS


WHEREAS, Vision Communications, Inc. (" Vision" ) and Atlantic were parties to a Time Brokerage Agreement dated as of April 28,1994 (the " TBA" ) wherein Broker agreed to provide programming for Station WWMB-TV, Florence, South Carolina (the " Station" ), which is licensed to Atlantic;


WHEREAS, Vision assigned its rights and obligations under the TBA to Broker by letter agreement dated March 18,1994, and the TBA was subsequently extended by notice dated August 14, 1998, and acknowledged and accepted by Atlantic, and will expire on April 8, 2004 unless extended by this TBA Amendment; and


WHEREAS, Buyer and Seller desire to modify, amend and extend the TBA in accordance with this TBA Amendment.


NOW, THEREFORE, in consideration of the mutual promises set forth in this TBA Amendment and other valuable consideration, the sufficiency of which is hereby acknowledged, the parties, intending to be bound legally, agree as follows:


1. Section 1 of the TBA is hereby amended by deleting the second (2nd) paragraph and substituting the following:


" Broker shall begin its time brokerage activities with regard to the Station pursuant to this Agreement upon the commencement of Station program tests, and said date shall be referred to herein as the ' Commencement Date.' The term of this Agreement shall be a period of five (5) years from the date on which Broker acquires the assets of broadcast station WPDE-TV, Florence, South Carolina, or from April 8, 1994, whichever occu ...