iHeartMedia 2009 Annual Report Download - page 77

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Shared-based Payments
Under the fair value recognition provisions of ASC 718-10, stock based compensation cost is measured at the grant date
based on the value of the award. For awards that vest based on service conditions, this cost is recognized as expense on a straight-line
basis over the vesting period. For awards that will vest based on market, performance and service conditions, this cost will be
recognized when it becomes probable that the performance conditions will be satisfied. Determining the fair value of share-based
awards at the grant date requires assumptions and judgments about expected volatility and forfeiture rates, among other factors. If
actual results differ significantly from these estimates, our results of operations could be materially impacted.
We do not have any equity incentive plans under which we grant stock awards to employees. Our employees receive equity
awards from CCMH’s equity incentive plans. Prior to the merger, we granted equity awards to our employees under our own equity
incentive plan.
ITEM 7A. Quantitative and Qualitative Disclosures about Market Risk
Required information is within Item 7.
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