Summary of RADIOSHACK CORP

Change in Directors or Principal Officers, Financial Statements and Exhibits

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

Executive Vice President - Operations. On December 17, 2012, RadioShack Corporation (the "Company") entered into a letter agreement with Mr. Troy Risch appointing Mr. Risch as the Company's Executive Vice President - Operations, effective January 2, 2012. From 1992 until January 2011, Mr. Risch served in various capacities with Target Corporation, including as Executive Vice President Stores from September 2006 until January 2011. Mr. Risch is 45 years old. A copy of the press release announcing Mr. Risch's appointment is attached as Exhibit 99.1.

There is no family relationship between Mr. Risch and any other executive officer or director of the Company, and there is no such arrangement or understanding with any other person under which he was appointed. All executive officers of RadioShack are appointed by the Board of Directors, or a committee thereof, to serve until their successors are appointed. There are no transactions to which the Company or any of its subsidiaries is a party and in which Mr. Risch has a direct or indirect material interest subject to disclosure under Item 404(a) of Regulation S-K.

In connection with Mr. Risch's appointment as Executive Vice President - Operations of the Company, the following sets forth Mr. Risch's' base salary, stock option and restricted stock grant information.

                   Base Salary:               $550,000 per year
                   Restricted Stock (1):      110,000
                   Stock Options (1):        165,000

(1) The restricted stock and stock options will vest on each of the first three anniversaries of the grant date, in increments of one-third of the number of shares granted, provided Mr. Risch is employed by the Company on such vesting date.

In addition, Mr. Risch will participate in the Company's 2013 annual bonus plan which was established pursuant to the RadioShack 2009 Annual and Long-Term Incentive Compensation Plan, approved by stockholders at the Company's 2009 annual meeting (the "2009 Plan"). Mr. Risch's target annual bonus for 2013 is equal to 75% of his base salary and payment is subject to the Company achieving certain performance metrics. Mr. Risch will also participate in the Company's long-term incentive bonus plan covering calendar years 2013 through 2015 (the "2013 LTIP") established pursuant to the 2009 Plan. Mr. Risch's target compensation under the 2013 LTIP is $550,000. The performance measures for Mr. Risch's 2013 annual bonus and 2013 LTIP will be the same performance measures approved by the Company's Management Development and Compensation Committee of the Board of Directors for the other executive officers of the Company when these are established.

Mr. Risch will also be eligible to participate in the Company's 401(k) plan, relocation benefits, Health and Welfare Plans, Officers' Severance Program, Termination Protection Program, Executive Life and long term disability benefits.

Executive Vice President - Strategy and Consumer Insights. On December 17, 2012, the Company also entered into a letter agreement with Mr. Huey Long appointing Mr. Long as the Company's Executive Vice President - Strategy and Consumer Insights, effective January 2, 2013. From June 2010 until August 2012, Mr. Long served as Global Officer Senior Vice President, General Merchandise Manager Sam's Club. From October 2008 until May 2010, Mr. Long served as Director Global Merchandising for Amazon.com and from January 2001 until September 2008, Mr. Long served as President of Premier Resources International. Mr. Long is 44 years old. A copy of the press release announcing Mr. Long's appointment is attached as Exhibit 99.1.

There is no family relationship between Mr. Long and any other executive officer or director of the Company, and there is no such arrangement or understanding with any other person under which he was appointed. All executive officers of RadioShack are appointed by the Board of Directors, or a committee thereof, to serve until their successors are appointed. There are no transactions to which the Company or any of its subsidiaries is a party and in which Mr. Long has a direct or indirect material interest subject to disclosure under Item 404(a) of Regulation S-K.

In connection with Mr. Long's appointment as Executive Vice President - Strategy and Consumer Insights of the Company, the following sets forth Mr. Long's base salary, sign-on bonus, stock option and restricted stock grant information.

                    Base Salary:              $475,000 per year
                   Sign-On Bonus:            $250,000
                   Restricted Stock (1):      50,000
                   Stock Options (1):         75,000

(1) The restricted stock and stock options will vest on each of the first three anniversaries of the grant date, in increments of one-third of the number of shares granted, provided Mr. Long is employed by the Company on such vesting date.

In addition, Mr. Long will participate in the Company's 2013 annual bonus plan which was established pursuant to the RadioShack 2009 Annual and Long-Term Incentive Compensation Plan, approved by stockholders at the Company's 2009 annual meeting (the "2009 Plan"). Mr. Long's target annual bonus for 2013 is equal to 75% of his base salary and payment is subject to the Company achieving certain performance metrics. Mr. Long will also participate in the Company's long-term incentive bonus plan covering calendar years 2013 through 2015 (the "2013 LTIP") established pursuant to the 2009 Plan. Mr. Long's target compensation under the 2013 LTIP is $475,000. The performance measures for Mr. Long's 2013 annual bonus and 2013 LTIP will be the same performance measures approved by the Company's Management Development and Compensation Committee of the Board of Directors for the other executive officers of the Company when these are established.

Mr. Long will also be eligible to participate in the Company's 401(k) plan, relocation benefits, Health and Welfare Plans, Officers' Severance Program, Termination Protection Program, Executive Life and long term disability benefits.

Departing Officer. The Company also reports that Mr. Gene Dinkens, the Company's Senior Vice President - Store Operations, is no longer employed by the Company, effective December 17, 2012.