Clear Channel Outdoor Holdings (CCO)

EMPLOYMENT AGREEMENT

This Employment Agreement (“Agreement”) is between Clear Channel Communications, Inc. (“Company”) and Tom Casey (“Employee”).

EMPLOYMENT AGREEMENT

Employee is permitted to engage in the following activities:

Texas Children’s Hospital – advisory board member

The Chinquapin School – board member

West Houston Young Life – committee member

National Specialty Alloys LLC – board member (transition during the first twelve (12) months following the Effective Date)

During the first twelve (12) months following the Effective Date, administrative and fiduciary commitments (i.e., partnership assignment and withdrawal documents, record keeping, making tax filings, reviewing financial statements and tax returns, and similar functions) with respect to, and interests in, Employee’s transition from the following entities: National Specialty Alloys LLC, Post Oak Energy Capital, LP, Post Oak Energy Advisors, LLC and Post Oak Energy Holdings, LLC

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EXHIBIT B TO EMPLOYMENT AGREEMENT

EMPLOYMENT AGREEMENT

This Employment Agreement (“Agreement”) is between Clear Channel Outdoor Holdings, Inc. (“CCOH” or “Company”) and Ronald Cooper (“Employee”).