Attachment Exhibit E&F

This document pretains to SES-T/C-20100113-00069 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2010011300069_794417

                                           Exhibits E & F
                                           FCC Form 312


                 The instant application and a companion Form 316 application seek FCC consent

to the pro forma transfer of control of the wholly-owned licensee subsidiaries of Waterman

Broadcasting Corporation (the “Company”) which will occur as a result of the controlling 90%

owner of the Company transferring the stock held by him to his existing revocable trust of which

he is the sole trustee.

                 As reflected in the attached Annex A “Before” diagram, Domestic Satellite Earth

Station E900279 authorization (“the Station”) used with television station WBBH-TV, Fort

Myers, FL, is licensed to Waterman Broadcasting Corporation of Florida, Inc. (“Waterman

Florida”). Waterman Florida is a wholly-owned and direct subsidiary of the Company. Before

the pro forma reorganization, Mr. Bernard E. Waterman directly holds his 90% controlling

interest in the Company, and his wife Edith B. Waterman directly holds the remaining 10%

minority interest.

                 Subject to obtaining prior FCC consent requested in the instant application and

companion application, Mr. Waterman will transfer his 90% interest in the Company to The

Bernard E. Waterman Trust (dated October 27, 2009) of which he is the sole trustee, and Mrs.

Waterman will transfer her 10% minority interest in the Company to The Edith B. Waterman

Trust (dated October 27, 2009) of which she is the sole trustee. Thus, as reflected in the Annex

B “After” diagram, the pro forma reorganization will result in the transfer of Mr. Waterman’s

90% interest in the Company to a trust controlled by Mr. Waterman pursuant to which he will

vote the controlling interest as the sole trustee (rather than as before voting as the direct holder of

the interest).


FCC Form 312
                                                                                    Page 2


               The Station that is subject of this application will be used in the same manner and

for the same purposes following the pro forma transfer of control as it was before the transfer of

control. Accordingly, the public insterest would be served by prompt consent to this application.


 FCC Form 312
                                                                                Page 3



                                Annex A “Before”

                     Transferor                       Transferor
                Bernard E. Waterman               Edith B. Waterman



                       90%                               10%



                          Waterman Broadcasting Corporation


                                         100%




Waterman Broadcasting Corporation                      Virginia Broadcasting Corporation
          of Florida, Inc.
   (Licensee of Station E900279)


 FCC Form 312
                                                                       Page 4




                                Annex B “After”



                     Transferee                          Transferee
           The Bernard E. Waterman Trust        The Edith B. Waterman Trust
              (Dated October 27, 2009)            (Dated October 27, 2009)
          Bernard E. Waterman Sole Trustee     Edith B. Waterman Sole Trustee


                      90%                                10%



                         Waterman Broadcasting Corporation


                                        100%




Waterman Broadcasting Corporation                     Virginia Broadcasting Corporation
          of Florida, Inc.                       (Licensee of WVIR-TV, Charlottesville, VA)
   (Licensee of Station E900279)



Document Created: 2010-01-12 16:48:37
Document Modified: 2010-01-12 16:48:37

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