Attachment Exhibit E

This document pretains to SES-T/C-20140801-00631 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2014080100631_1054682

Description of Transaction By this and other concurrently-filed applications, Evening Post Industries, Inc. (“EPI”), on behalf of the EPI licensee subsidiaries listed on Exhibit A hereto (the “Licensees”), requests the Commission’s consent to the concurrent (i) pro forma creation of a new, wholly-owned holding company in the EPI ownership chain, EPI Group, LLC (“EPI Group”); and (ii) pro forma transfer of non-voting membership interests in Cordillera Communications, LLC (“Cordillera”) from EPI to EPI Group (collectively, the “Reorganization”). Organizational charts reflecting the pre- and post-transaction structures are attached as Exhibit B. Upon the Reorganization, which is subject to shareholder approval, (i) existing EPI shareholders would contribute all of their stock in EPI to EPI Group and would receive, in exchange, LLC membership interests in EPI Group,1 (ii) EPI would merge with an existing wholly-owned subsidiary of EPI Group, with EPI surviving the merger as a wholly-owned subsidiary of EPI Group, and (iii) non-voting LLC membership interests in Cordillera currently held by EPI would be transferred to EPI Group. The Reorganization qualifies for pro forma treatment because it involves no substantial change in the ownership or control of the Licensees. Prior to the Reorganization, EPI shareholders control the Licensees by virtue of their capital stock in EPI, which ultimately owns and controls the Licensees. While current EPI shareholders will have the option to vote against the Reorganization and exchange their shares for cash, it is expected that all currently- attributable EPI shareholders will elect to exchange their shares for voting interests in EPI Group. Thus, following the Reorganization, current EPI shareholders, including the attributable shareholders in EPI, will control the Licensees by virtue of their ownership and control of 100% of the membership interests in EPI Group, which ultimately will own and control the Licensees. In connection with this transaction, the parties intend to enter into agreements regarding organization and governance of EPI Group. These agreements, which will comply with the Commission’s rules and policies, have not been finalized but will be filed with the Commission upon execution to the extent required by Section 73.3613 of the Commission’s rules. 1 As described in more detail in Exhibit 12, EPI shareholders that currently are non-attributable would be subject to customary LLC insulation provisions in the EPI Group operating agreement upon consummation of the Reorganization. 108669796 v1

Exhibit A Licensees KSBY Communications, LLC KCTZ Communications, LLC KPAX Communications, LLC KVOA Communications, LLC KATC Communications, LLC KTVQ Communications, LLC KXLF Communications, LLC KRTV Communications, LLC Sangre de Cristo Communications, LLC WLEX Communications, LLC 108669796 v1

Exhibit B Pre-Transaction Organizational Chart Current Evening Post Shareholders Except as noted otherwise, each line in this chart reflects 100% voting control. Evening Post Industries, Inc. EPI Preferred, LLC Voting Membership Non-voting Membership Interests Interests Cordillera Communications, LLC KSBY WLEX Communications, LLC Communications, LLC KVOA KXLF Sangre de Cristo Communications, LLC Communications, LLC Communications, LLC KPAX Communications, LLC KCTZ KTVQ KRTV KATC Communications, LLC Communications, LLC Communications, LLC Communications, LLC Corporation Limited Liability KEY: Company 108669796 v1

Exhibit B KEY: Post-Transaction Organizational Chart Corporation Current Evening Post Shareholders Except as noted otherwise, each line in this chart reflects 100% voting control. Limited Liability Company EPI Group, LLC Evening Post Industries, Inc. EPI Preferred, LLC Voting Membership Non-Voting Membership Interests Interests Cordillera Communications, LLC KSBY WLEX Communications, LLC Communications, LLC KVOA KXLF Sangre de Cristo Communications, LLC Communications, LLC Communications, LLC KPAX Communications, LLC KCTZ KTVQ KRTV KATC Communications, LLC Communications, LLC Communications, LLC Communications, LLC 108669796 v1

Parties to the Application Unless otherwise noted, all attributable parties to the application can be reached at 134 Columbus Street, Charleston, SC 29403-4800. Line 1 – Name of officers, directors and members Line 2 – Citizenship Line 3 – Positional interest Line 4 – Percentage of votes Line 5 – Percentage of Total Assets (Equity Plus Debt) 1 Ownership of Licensee Entities Licensees: KATC Communications, LLC KCTZ Communications, LLC KPAX Communications, LLC KRTV Communications, LLC KSBY Communications, LLC KTVQ Communications, LLC KVOA Communications, LLC KXLF Communications, LLC Sangre de Cristo Communications, LLC WLEX Communications, LLC (a) (b) (c) 1. Licensee John Barnwell Terrance Hurley 2. South Carolina Limited Liability U.S. U.S. Company 3. N/A Vice President, Manager Vice President, Manager 4. N/A 0% 0% 5. N/A N/A N/A (d) (e) (f) 1. Ronald Owens General Manager2 Cordillera Communications, LLC 2. U.S. U.S. South Carolina Limited Liability Company 3. Secretary, Treasurer, Manager President Member 4. 0% 0% 100% 5. N/A N/A N/A 1 The respondent interprets Question 5 in Item 4(a) as seeking information about any parties, whose interests are otherwise non- attributable, who acquire attributable status as a result of operation of the “equity debt plus” rule (47 C.F.R. § 73.3555, Note 2(i)). There are no such parties in the reporting entities. As a result, Line 5 has been answered “N/A.” 2 The General Manager and President for each licensee is as follows: KATC Communications, LLC-Andrew Shenkan KCTZ Communications, LLC-Jon Saunders KPAX Communications, LLC-Robert Hermes KRTV Communications, LLC-Jon Saunders KSBY Communications, LLC-Kathleen Choal KTVQ Communications, LLC-John Hurley KVOA Communications, LLC-Bill Shaw KXLF Communications, LLC-Jon Saunders Sangre de Cristo Communications, LLC-Evan Pappas WLEX Communications, LLC-Patrick Dalbey 108087915 v3

Line 1 – Name of officers, directors and members Line 2 – Citizenship Line 3 – Positional interest Line 4 – Percentage of votes Line 5 – Percentage of Total Assets (Equity Plus Debt) Ownership of Cordillera Communications, LLC (a) (b) (c) 1. Cordillera Communications, LLC John Barnwell Terrance Hurley 2. South Carolina Limited Liability U.S. U.S. Company 3. N/A Vice President, Manager President, Manager 4. N/A 0% 0% 5. N/A N/A N/A (d) (e) (f) 1. Ronald Owens EPI Preferred, LLC EPI Group, LLC 2. U.S. South Carolina Limited Liability South Carolina Limited Liability Company Company 3. Secretary, Treasurer, Manager Member Member 4. 0% 100% 0% 5. N/A N/A N/A 108087915 v3

Line 1 – Name of officers, directors and members Line 2 – Citizenship Line 3 – Positional interest Line 4 – Percentage of votes Line 5 – Percentage of Total Assets (Equity Plus Debt) Ownership of EPI Preferred, LLC (a) (b) (c) 1. EPI Preferred, LLC John Barnwell Ronald Owens 2. South Carolina Limited Liability U.S. U.S. Company 3. N/A President, Manager Secretary, Treasurer, Manager 4. N/A 0% 0% 5. N/A N/A N/A (d) (e) (f) 1. Evening Post Industries, Inc. 2. South Carolina Corporation 3. Member 4. 100% 5. N/A 108087915 v3

Line 1 – Name of officers, directors and stockholders Line 2 – Citizenship Line 3 – Positional interest Line 4 – Percentage of votes Line 5 – Percentage of Total Assets (Equity Plus Debt) Ownership of Evening Post Industries, Inc. (a) (b) (c) 1. Evening Post Industries, Inc. John Barnwell PJ Browning 2. South Carolina Corporation U.S. U.S. 3. N/A President, CEO, Director Senior Vice President, President of Newspaper Division 4. N/A 0% 0% 5. N/A N/A N/A (d) (e) (f) 1. Margaret Garrett Edward Gilbreth Mary Manigault Gilbreth 2. U.S. U.S. U.S. 3. Secretary, Director Vice-Chairman of the Board, Director Director 4. 0% 0% 0% 5. N/A N/A N/A (g) (h) (i) 1. Daniel Herres Rebecca Herres Patricia Manigault 2. U.S. U.S. U.S. 3. Executive Vice President Assistant Secretary, Director Director 4. 0% 0% 0% 5. N/A N/A N/A (j) (k) (l) 1. Pierre Manigault Joseph McGee Ronald Owens 2. U.S. U.S. U.S. 3. Chairman of the Board, Director Director Chief Financial Officer, Director 4. 0% 0% 0% 5. N/A N/A N/A (m) (n) (o) 1. Wilbur Prezzano Katherine Salmons Paul Sharry 2. U.S. U.S. U.S. 3. Director Director Senior Vice President of Human Resources 4. 0% 0% 0% 5. N/A N/A N/A (p) (q) (r) 1. Thomas Waring Arthur Wilcox Terrance Hurley 2. U.S. U.S. U.S. 3. Director Director Director 4. 0% 0% 0% 5. N/A N/A N/A 108087915 v3

Line 1 – Name of officers, directors and stockholders Line 2 – Citizenship Line 3 – Positional interest Line 4 – Percentage of votes Line 5 – Percentage of Total Assets (Equity Plus Debt) Ownership of Evening Post Industries, Inc. (cont.) (a) (b) (c) 1. H. Laurence Fritz EPI Group, LLC 2. U.S. South Carolina Limited Liability Company 3. Director Stockholder 4. 0% 100% 5. N/A N/A 108087915 v3

Line 1 – Name of officers, directors and stockholders Line 2 – Citizenship Line 3 – Positional interest Line 4 – Percentage of votes in EPI Group. LLC (percentage of votes in Evening Post Industries, Inc.)3 Line 5 – Percentage of Total Assets (Equity Plus Debt) Ownership of EPI Group, LLC (a) (b) (c) 1. EPI Group, LLC John Barnwell Margaret Garrett 2. South Carolina Limited Liability U.S. U.S. Company 3. N/A President, CEO, Manager Secretary, Manager 4. N/A 0% (0%) 0% (0%) 5. N/A N/A N/A (d) (e) (f) 1. Edward Gilbreth Mary Manigault Gilbreth Rebecca Herres 2. U.S. U.S. U.S. 3. Manager Manager Manager 4. 3% (2%) 40% (28%) 3% (2%) 5. N/A N/A N/A (g) (h) (i) 1. Terrance Hurley Patricia Manigault Pierre Manigault 2. U.S. U.S. U.S. 3. Manager Manager Manager 4. 0% (0%) 0% (0%) 1% (1%) 5. N/A N/A N/A (j) (k) (l) 1. Joseph McGee Ronald Owens Wilbur Prezzano 2. U.S. U.S. U.S. 3. Manager Vice President, Treasurer, Chief Manager Financial Officer, Manager 4. 3% (2%) 0% (0%) 0% (0%) 5. N/A N/A N/A (m) (n) (o) 1. Katherine Salmons Joseph Waring Thomas Waring 2. U.S. U.S. U.S. 3. Manager Attributable Member Manager 4. 1% (1%) 0% (0%) 4% (3%) 5. N/A N/A N/A 3 As part of the Reorganization, holders of voting stock in EPI that do not hold attributable interests in EPI prior to the Reorganization will, upon consummation of the Reorganization, be subject to insulation provisions in the EPI Group operating agreement that will cause such holders to be non-attributable owners of EPI Group. Thus, the attributable shareholders that hold approximately 71% of the voting shares in EPI will, upon consummation of the Reorganization, hold 100% of the voting interests in EPI Group, and the non-attributable shareholders that currently hold 29% of the voting shares of EPI will not hold a voting interest in EPI Group. The chart above reflects the proportional increase in voting power that results from this change by including, for each attributable person, both the voting interest in EPI Group they will hold and, in parentheses and italics, the voting interest in EPI they currently hold. The EPI Group operating agreement will provide that, after the Reorganization, insulated members may elect to exercise voting rights with respect to their interests, subject to the prior approval of EPI Group based a review of their FCC qualifications. Members making such an election will be reported on subsequent ownership reports reflecting EPI Group ownership. Additionally, while current EPI shareholders will have the option to vote against the Reorganization and exchange their shares for cash, it is expected that all currently-attributable holders of voting shares in EPI will elect to exchange their shares for voting interests in EPI Group. 108087915 v3

Line 1 – Name of officers, directors and stockholders Line 2 – Citizenship Line 3 – Positional interest Line 4 – Percentage of votes in EPI Group. LLC (percentage of votes in Evening Post Industries, Inc.) Line 5 – Percentage of Total Assets (Equity Plus Debt) Ownership of EPI Group, LLC (cont.) (a) (b) (c) 1. Arthur Wilcox H. Laurence Fritz The Patricia Lucas Bennett Marital Trust 2. U.S. U.S. U.S. 3. Manager Manager Member 4. 3% (2%) 0% (0%) 42% (30%) 5. N/A N/A N/A 108087915 v3

Line 1 – Name of trustees and beneficiary Line 2 – Citizenship Line 3 – Positional interest Line 4 – Percentage of votes Line 5 – Percentage of Total Assets (Equity Plus Debt) Ownership of The Patricia Lucas Bennett Marital Trust (a) (b) (c) 1. The Patricia Lucas Bennett Marital Patricia Manigault Pierre Manigault Trust 2. South Carolina Trust U.S U.S 3. N/A Trustee, Beneficiary Trustee 4. N/A 25% 25% 5. N/A N/A N/A (d) (e) (f) 1. Ivan V. Anderson, Jr. Richard Braunstein 2. U.S U.S 3. Trustee Trustee 4. 25% 25% 5. N/A N/A 108087915 v3


Document Created: 2014-07-07 14:48:58
Document Modified: 2014-07-07 14:48:58
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