AMENDED AND RESTATED EMPLOYMENT AGREEMENT
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “ Agreement ”), between SBA
COMMUNICATIONS CORPORATION, a Florida corporation (the “ Company ”), and THOMAS P. HUNT (the “ Executive ”), is
made and entered into as of January 1, 2008 (the “ Restatement Date ”).
W I T N E S S E T H :
WHEREAS, the Company and its subsidiaries (collectively, the “ Company Group ”) engage in the business of
developing, leasing and maintaining wireless telecommunications tower sites and other related businesses;
WHEREAS, the Company and its subsidiary, SBA Properties Inc., a Florida corporation, and the Executive have
previously entered into an Employment Agreement, dated February 28, 2003, as amended and restated effective as of
September 18, 2006 (the “ Original Agreement ”);
WHEREAS, the Company and the Executive understood that the Original Agreement would need to be revised in
order to comply with Section 409A of the Internal Revenue Code of 1986, as amended, and the Treasury regulations
promulgated thereunder (the “ Code ”), and the Company and the Executive now desire to revise the Original Agreement to
bring it into compliance; and
WHEREAS, the Company and the Executive wish to replace the Original Agreement as of the Restatement Date with
the terms and conditions set forth in this Agreement.
NOW, THEREFORE, it is hereby agreed by and between the parties as follows:
1. EMPLOYMENT. The Company hereby agrees to employ the Executive and the Executive hereby agrees to be employed
by the Company on the terms and conditions set forth herein.
2. TERM. The term (the “ Term ”) of employment of the Executive by the Company Group hereunder commenced as of
September 18, 2006 (the “ Effective Date ”) and shall end December 31, 2009 (the “ End Date ”), unless sooner terminated as
hereinafter provided. If the Executive continues in the employment of the Company Group following the expiration of the Term,
the Executive’s employment with the Company Gr