Paradis Broadcasting of Alexandria, Inc., a Minnesota corporation (“Seller”) and Leighton Enterprises, Inc., d/b/a Leighton Broadcasting, a Minnesota corporation (“Buyer”) have agreed on the sale of radio stations and FM translators KXRA-AM, KXRA-FM, KXRZ-FM, K262AT (all licensed to Alexandria, MN) and K289CL (licensed to Glenwood, MN).