Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) Wage Freeze Agreements
For 2009, Entercom Communications Corp. (the "Company") is instituting a
corporate-wide wage freeze. In order to effect the wage freeze for its executive
officers, on January 20, 2009, David J. Field (President & Chief Executive
Officer of the Company), Stephen F. Fisher (Executive Vice President -
Operations & Chief Financial Officer of the Company) and John C. Donlevie
(Executive Vice President & General Counsel of the Company) each entered into an
agreement to waive the 2009 salary increase in their respective employment
agreements. All other terms of the respective employment agreements remain
unchanged. Reference is made to the complete text of the waivers, which will be
filed as exhibits to the Company's Quarterly Report on Form 10-Q for the quarter
ending March 31, 2009.
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