Attachment Exhibit E

This document pretains to SES-T/C-20131021-00879 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2013102100879_1015235

ABRY Broadcast Partners IL, L.P (De FaetControl) FCC Form 312 Exhibit E September2013 EXHIBITE DESCRIPTION OF TRANSACTION This upplication on FCC Form 312 seeks Commission consent to the proforma transfer of control of the licenses for the earth stations identified in the instant application from ABRY Broadeast Partners I1, L.P (De Facto Control) to Nexstar Broadcasting Group, Inc. This application is related to a broadcast application on ECC Fomm 316 involying numerous television stations, A complete description of the transaction, as fled with that application.is attached herelo.

FCCForm 316 Neastar Broadeasting, bnc. September 2013 Page L of2 Exmem2 DESCRIPTION.OF TRANSACTION "This application on FCC Porm316 secks Commission consont t the proforma transfer ofcontrol of Nexstar Broadcasting, Inc.("Nexsta"), tlicensco ofthe sations identified in Section H1 Question 5, via therelinguishment ofthe defaeto contral exercised over Nexstorby ABRY Broadcast Parners L L.. and ABRY Browleast PartnorsTll, L.P. (collectively SABRV®). Nexstaris wholly owned byan intermediate parent company, Nexstar Finance Noldings Inc., which in turis wholly owned by ullimate parent company Nexstar Broadcasting Group, Inc. (°NBGIY). While ABRY (formerly NBGIprincipal sharcholder) no longer holds a contralling stock interestin NBGI ABRY contintes to exereise de facto control over NBGI (and thus Nexstar) byvirtue of the fact that ABRY principats occupyhalf opecifically four ofeight) afthe seats on NBGIs Board ofDirectors. At present, NBGI‘s Roard is composed of the following individuals Perry A. Sook Brik Brooks* JayM. Grossman® Brent Stone* Royee Yudkoft® GoofFArmstrony IMartin Pompadur Lisheth McNabb (* denotes ABRY principal) Brent Stone, a partner of ABRY, has informed management thatit i his intention to resign from the NBOL board of directors i the near Future, andafter Commission consent. Upon Mr,Stone‘s resignation, the NBGI board will be resized to sevendirectors, and willbe composed ofthe diectors listed above other than Mr. Stone. Thus, following Mr. Stone‘s resipnation, NBGIs Board will consist of seven members, only three ofwhich willbe ABRY principals. ABRY willtherefore cease to exercise de faeto contral ofNexster. This application secks consent to ABRY‘s relinguishment ofde fueto control asdescribed above. ! 0n March 13,2013, e Comlston agprovad an FCG Fonm 316 poposing ths "downyading"of ABRY‘s comral ofNesfom eJure t de aero. Szelad File No BTCCDT—20L3O20IACO, Pursiatto ht upproval. ABRYsold is NBGL stock to hepublic bt s representvesbave cannued tocomprse 801 af he sels on nBors Boud

FCC Form 316 Nexstar Broadcasting, lic. Septemher 2013 Page 2 of2 "The non—ABRY Board members (Messts, Sook, Armstrony und Pompadur and Ms. McNublb) will remain members of the NBGI Board after the resizing. NBGI currentlyhas 30.105.745 shares ofClass A voting stock issued and outstanding. Other than one qualifed investment company (which halds 5.19% of NBGI‘sClass A voring stock), no person or eatity holds 5% or more ofNBGI‘s outsanding Class A voting stock. Therefore, no new party will acquire control in connection with the Board resizing. 1t is well—established that [sJummary procedures [ic., a "short form" application may be used when a party‘dowa grades‘ its interest from ... defacto to nocontrol, where no new party aequires control."" Accordingly, Commission consent to ABRY‘s conversion from de faeto controlto non—control is appropriately sought on PCC Form 316. * Sepben Senell terignent and Thawfrs ofComral eFCC Axhoizarons Unier Secton 310( ofthe Commuicatons se of193443 Vod. Comm L. J. 277 327 (1991) Sze Commite fr FalFolueoftorr Communications in 101 1€.C.28 424, 426 (cted in Sonall anlle s exanple ofhipropositon; Commision stafgranted proforme splication athorngreinquishcntofde octo conrifrom Store fonilyinurets o company‘s pablistoctodr) affd, 763 P28 426 (D.C. Cir 1983), SulJoln A. Phippe, fr. 11 FCC Red 13053,1206809 (19908) oformetreatnentatloded to rliquihinent ofe fzto contra, whereno ctiy vould be sequirin ithr dz fctoordaure contcloieensto.


Document Created: 2013-10-18 16:10:05
Document Modified: 2013-10-18 16:10:05
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