Original In Vauft of Bingham McCutchen LLP One Federal St. Boston, MA. 02110 MORTIMER B. ZUCKERMAN 950 Fifth Avenue New York, New York 10021 July , 2008 Personal & Confidential Ms. Marla Prather 17 East 75th Street New York, NY 10075 Dear Marla: We are parties to a Separation Agreement dated November 30, 2000, that includes a provisions for the inheritance of our daughter . Section 5(F) of the Separation Agreement requires that I make provisions for to receive the "Child's Amount," as defined in the Agreement. It also provides that, while both of us are living, we have the right, in our mutual and absolute discretion, to modify that provision in any way by an amendment to Section 5(F). This letter constitutes an amendment to Section 5(F) that sets out our current agreement regarding inheritance. We have agreed that Section 5(F) of the Separation Agreement will continue to apply, with the following modifications.: First, we have agreed that the "Child's Amount" determined under Section 5(F) will not exceed the sum of Two Hundred Million ($200,000,000 Dollars reduced by the value as of the date of my death of any assets held for benefit in The Mortimer B. Zuckerman 1983 Trust, The MBZ News 1992 Trust, and The MBZ 1996 Trust. The Child's Amount will also be reduced by the value as of the date of my death of any assets held for benefit in any successor to any of those trusts or in any other trust established during my lifetime. that includes substantially similar provisions for benefit. I have also executed irrevocable designations appointing you as a co-trustee of each of the existing trusts following my death and will execute a similar, irrevocable designation with respect to any additional trusts that are taken into account in determining the Child's Amount. Second, I have agreed to the following provisions that will apply to any property that I am using as my principal residence in New York City and to one other property that