EXHIBIT 4.2
AGREEMENT CONCERNING BUY-SELL AGREEMENT
The undersigned were all of the parties to that certain Buy-Sell
Agreement executed May 31, 1977, relating to shares of Clear Channel
Communications, Inc. (the "Agreement"). For the mutual consideration expressed
in this agreement, the undersigned agree as follows:
1. Terms defined in the Agreement shall have the same meaning in
this agreement.
2. ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ and ▇▇▇▇ ▇. ▇▇▇▇▇▇ are hereby released from
all obligations and rights under the Agreement and for all
purposes shall cease to be parties to the Agreement.
3. If any remaining shareholder sells all of his stock (other
than stock acquired through a broker in a transaction on the
New York Stock Exchange or on another market open to sales and
purchases by members of the general public), that Shareholder
shall be then released from all obligations and rights under
the Agreement and for all purposes shall cease to be a party
to the Agreement.
Executed as of August 3, 1998.
CLEAR CHANNEL COMMUNICATIONS, INC.
/s/ ▇. ▇▇▇▇▇ ▇▇▇▇
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▇. ▇▇▇▇▇ ▇▇▇▇, CEO and Chairman
/s/ ▇. ▇▇▇▇▇ ▇▇▇▇
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▇. ▇▇▇▇▇ ▇▇▇▇
/s/ ▇.▇. ▇▇▇▇▇▇▇
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▇.▇. ▇▇▇▇▇▇▇
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
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