X0303 4 2010-07-16 0 0000760326 OUTDOOR CHANNEL HOLDINGS INC OUTD 0001096913 ALLEN THOMAS D 43445 BUSINESS PARK DRIVE SUITE 103 TEMECULA CA 92590 0 1 0 0 Chief Financial Officer Common Stock 2010-07-16 4 A 0 120000 0 A 120000 D One Hundred Twenty Thousand (120,000) restricted shares, subject to forfeiture, shall vest in equal quarterly installments on April 16, July 16, October 16, and January 16 of each year, beginning on October 16, 2010, such that the entire One Hundred Twenty Thousand (120,000) shares of restricted stock will be vested as of July 16, 2014. Notwithstanding the foregoing, upon a change in control, the vesting of all restricted shares shall accelerate 100%. /s/ Thomas D. Allen, by Thomas E. Hornish, Attorney-in-Fact 2010-07-16