Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 22, 2012, LodgeNet Healthcare, Inc. ("LodgeNet Healthcare"), a wholly-owned subsidiary of LodgeNet Interactive Corporation (the "Company") entered into a new Executive Employment Agreement (the "Agreement") with Mr. Gary Kolbeck, President of LodgeNet Healthcare, effective as of January 1, 2012. Under the Agreement, Mr. Kolbeck's employment with LodgeNet Healthcare continues through December 31, 2012 and will automatically renew for additional terms of one year unless notice of termination is given prior to November 1 of the appropriate term. The Agreement provides that Mr. Kolbeck's base salary is $200,000.

The Agreement also contains provisions regarding bonus opportunities based on formula, targets and criteria determined by the Board of Directors and severance provisions, including severance in the event of termination as a result of a change in control of the Company. The Agreement also contains a covenant not to compete with the Company for a period of twelve months following termination.

A copy of the Agreement is attached hereto as Exhibit 10.1.

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits

10.1 Executive Employment Agreement executed as of June 22, 2012, effective as of January 1, 2012

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