form8k062515.htm

 
     
     
     
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM  8-K


CURRENT REPORT


PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported):  June 25, 2015


_______________________________________________________________________
 
LEE ENTERPRISES, INCORPORATED
 
 (Exact name of Registrant as specified in its charter)

_______________________________________________________________________

Commission File Number 1-6227

Delaware
(State of Incorporation)
42-0823980
(I.R.S. Employer Identification No.)


201 N. Harrison Street, Davenport, Iowa  52801
(Address of Principal Executive Offices)


(563) 383-2100
Registrant’s telephone number, including area code

_____________________________________________________________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
     
     
     
 
 
 
 

 
 
Item 1.01.
Entry into a Material Definitive Agreement.

On June 25, 2015 (the “Pulitzer Debt Satisfaction Date”), Lee Enterprises, Incorporated (the “Company”) repaid the remaining balance of the 9% Senior Notes (the “New Pulitzer Notes”) under a Note Agreement dated as of May 1, 2013 (the “Pulitzer Note Agreement”) between BH Finance LLC, a subsidiary of Berkshire Hathaway Inc., and the Company’s subsidiaries, St. Louis Post-Dispatch LLC (“PD LLC”) and Pulitzer Inc. (“Pulitzer”).  The New Pulitzer Notes were due to be repaid April 3, 2017 and had a balance of $9 million on March 29, 2015, the end of the last fiscal quarter.  The balance was paid by the Company using cash on hand.

As was previously agreed, on the Pulitzer Debt Satisfaction Date the Company’s wholly-owned subsidiary, Pulitzer, and its subsidiaries (collectively, the “Pulitzer Subsidiaries”) entered into a (i) Joinder Agreement in favor of U.S. Bank National Association, as Trustee, and Deutsche Bank Trust Company Americas, as collateral agent (the “Notes Joinder Agreement”); and (ii) Joinder Agreement in favor of JPMorgan Chase Bank, N.A., as collateral agent for the benefit of the Secured Creditors referred to in that the First Lien Guarantee and Collateral Agreement dated as of March 31, 2014 (the “1st Lien Credit Facility Joinder Agreement”).

After giving effect to the Pulitzer Debt Satisfaction Date, certain modifications to the Company’s long-term financing and related guarantee, collateral and security agreements are as follows:

1.  $400 million Senior Secured Notes.  On March 31, 2014, the Company sold $400 million aggregate principal amount of its 9.5% Senior Secured Notes due 2022 (the “Notes”) to J.P. Morgan Securities LLC and Deutsche Bank Securities Inc., pursuant to an Indenture dated as of March 31, 2014 (the “Indenture”) among the Company, certain subsidiaries party thereto from time to time (the “Subsidiary Guarantors”), U.S. Bank National Association, as Trustee, and Deutsche Bank Trust Company Americas, as Collateral Agent.

The Pulitzer Debt Satisfaction Date has triggered the following changes with respect to the Notes:

 
· 
 
The Notes are also guaranteed in accordance with the Notes Joinder Agreement, on a second-priority basis, by Pulitzer and each Pulitzer Subsidiary that guarantees the indebtedness under the 2nd Lien Term Loan (as defined below) or other borrowings incurred by the Company or any subsidiary guarantor.
 
 
· 
 
Certain Pulitzer Subsidiaries granted second priority deeds of trust for the benefit of the holders of the Notes, subject to all relevant terms and conditions of the applicable intercreditor agreements (referred to below), covering the Pulitzer Subsidiaries’ material real estate and improvements.
 
 
· 
 
The Notes and the subsidiary guarantees are also secured, subject to permitted liens, by a lien on certain of the property and assets of Pulitzer and the Pulitzer Subsidiaries (collectively, the “Pulitzer Collateral”) owned by each of the Pulitzer Subsidiaries that are subsidiary guarantors on a second-priority basis, equally and ratably with all of the Company’s and the subsidiary guarantors’ existing and future obligations under the 1st Lien Credit Facility and certain other indebtedness for borrowed money incurred by the Company or any subsidiary guarantor, pursuant to a Security Agreement dated as of March 31, 2014 among the Company and the subsidiary guarantors (collectively, the “Notes Assignors”) and Deutsche Bank Trust Company Americas.

1
 
 

 
 
1.  $250 million First Lien Term Loan.  On March 31, 2014, the Company entered into a $250 million first lien term loan and $40 million revolving facility under a First Lien Credit Agreement dated as of March 31, 2014 (the “1st Lien Credit Facility”) among the Company, the lenders party thereto from time to time (the “1st Lien Lenders”), JPMorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent, and JPMorgan Securities LLC and Deutsche Bank Securities Inc., as Joint Lead Arrangers and as Joint Bookrunners.

The Pulitzer Debt Satisfaction Date has triggered the following changes with respect to the 1st Lien Credit Facility:

 
· 
 
Pulitzer and the Pulitzer Subsidiaries became a party to the First Lien Guarantee and Collateral Agreement as a Guarantor and Assignor, in accordance with the 1st Lien Credit Facility Joinder Agreement.
 
 
· 
 
The Subsidiary Guarantors (together with the Company, the “1st Lien Assignors”) pledged assets also include the assets of Pulitzer and the Pulitzer Subsidiaries.
 
 
· 
 
Certain Pulitzer Subsidiaries also granted second lien deeds of trust for the benefit of the 1st Lien Lenders, subject to all relevant terms and conditions of the applicable intercreditor agreements (referred to below), covering the Pulitzer Subsidiaries’ material real estate and improvements.
 
 
· 
 
Pulitzer and the Pulitzer Subsidiaries also pledged all of their interests in all of the capital stock of and other equity interests owned by the 1st Lien Assignors to the 1st Lien Collateral Agent.

2.  $150 million Second Lien Term Loan.  On March 31, 2014, the Company entered into a $150 million second lien term loan under a Second Lien Loan Agreement dated as of March 31, 2014 (the “2nd Lien Term Loan”) among the Company, the lenders party thereto from time to time (the “2nd Lien Lenders”), Wilmington Trust, National Association, as Administrative Agent and Collateral Agent, and JPMorgan Securities LLC and Deutsche Bank Securities Inc., as Joint Lead Arrangers and as Joint Bookrunners.

The Pulitzer Debt Satisfaction Date has triggered the following changes with respect to the 2nd Lien Term Loan:

 
· 
 
Assets of Pulitzer and the Pulitzer Subsidiaries, excluding assets of or assets used in the operations or business of, TNI Partners (“TNI”), also are subject to (i) a first priority security interest in favor of the 2nd Lien Lenders; and (ii) a second priority security interest in favor of the secured parties under the 1st Lien Credit Facility, as applicable.  Star Publishing Company (“Star Publishing”) is a subsidiary of Pulitzer and an indirect subsidiary of the Company and owns a 50% interest in TNI in Tucson, Arizona.

Also in connection with the Pulitzer Debt Satisfaction Date, the rights of the Notes Assignors and the 1st Lien Assignors with respect to the Pulitzer Collateral are subject to:
 
2
 
 

 


 
· 
 
a Pulitzer Pari Passu Intercreditor Agreement dated as of June 25, 2015 (the “Pulitzer Pari Passu Intercreditor Agreement”) among the Company, the other Grantors party thereto, JPMorgan Chase Bank, N.A., U.S. Bank National Association and Deutsche Bank Trust Company Americas; and
 
 
· 
 
a Pulitzer Junior Intercreditor Agreement dated as of June 25, 2015 (the “Pulitzer Junior Intercreditor Agreement”) among the Company, the other Grantors party hereto, JPMorgan Chase Bank, N.A., U.S. Bank National Association, Deutsche Bank Trust Company Americas and Wilmington Trust, National Association.

Item 1.02.
Termination of a Material Definitive Agreement.

The information disclosed in Item 1.01 with respect to the New Pulitzer Notes is incorporated by reference into this Item 1.02.

For a summary of the material terms of the New Pulitzer Notes, Pulitzer Note Agreement, Senior Secured Notes, Indenture, 1st Lien Credit Facility and 2nd Lien Term Loan, see the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 28, 2015, which description is incorporated herein by reference.

Item 8.01.
Other Events.

On June 25, 2015, the Company issued a news release announcing its repayment in full of the New Pulitzer Notes.  A copy of the news release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

The foregoing summary descriptions of the Notes Joinder Agreement, 1st Lien Credit Facility Joinder Agreement, Pulitzer Pari Passu Intercreditor Agreement and Pulitzer Junior Intercreditor Agreement do not purport to be complete and are qualified in their entirety by reference to the Notes Joinder Agreement, 1st Lien Credit Facility Joinder Agreement, Pulitzer Pari Passu Intercreditor Agreement and Pulitzer Junior Intercreditor Agreement, which are filed as Exhibits 10.1, 10.2, 10.3 and 10.4, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
 
Item 9.01.
Financial Statements and Exhibits.

 
(d)
Exhibits
 
       
   
10.1
Joinder Agreement dated as of June 25, 2015, made by each Subsidiary Guarantor a party thereto in favor of U.S. Bank National Association, as Trustee and Deutsche Bank Trust Company Americas, as collateral agent
 
   
10.2
Joinder Agreement dated as of June 25, 2015, made by each Subsidiary Guarantor a party thereto in favor of JPMorgan Chase Bank, N.A., as collateral agent for the benefit of the Secured Creditors referred to in the First Lien Guarantee and Collateral Agreement dated as of March 31, 2014 referred to therein
 
 
 
3
 
 

 
 
 
    
10.3
Pulitzer Pari Passu Intercreditor Agreement dated as of June 25, 2015 among the Company, the other Grantors party thereto, JPMorgan Chase Bank, N.A., U.S. Bank National Association and Deutsche Bank Trust Company Americas
 
   
    10.4
Pulitzer Junior Intercreditor Agreement dated as of June 25, 2015 among the Company, the other Grantors party hereto, JPMorgan Chase Bank, N.A., U.S. Bank National Association, Deutsche Bank Trust Company Americas and Wilmington Trust, National Association
 
   
99.1
News Release of Lee Enterprises, Incorporated dated June 25, 2015
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

   
LEE ENTERPRISES, INCORPORATED
   
 
 /s/Ronald A. Mayo
Date:  July 1, 2015
By:
   
Ronald A. Mayo
   
Vice President, Chief Financial Officer,
   
   and Treasurer
 
 
 
 
 
 
 
 
 
 
 

 
4
Form 8-K

Exhibit 10.1

THIS JOINDER AGREEMENT, dated as of the 25th day of June, 2015, made by each undersigned Subsidiary (each an “Additional Assignor”, and together the “Additional Assignors”) in favor of U.S. Bank National Association, as Trustee (in such capacity, the “Notes Trustee”) and Deutsche Bank Trust Company Americas, as collateral agent (in such capacity the “Collateral Agent”). All capitalized terms not defined herein shall have the meaning ascribed to them in the Security Agreement (as defined below).

W I T N E S S E T H :

WHEREAS, Lee Enterprises, Incorporated (the “Issuer”) entered into an Indenture, dated as of March 31, 2014 (as amended, supplemented or otherwise modified from time to time, the “Indenture”), among the Issuer, the Notes Trustee, and the Collateral Agent, providing for the issuance by the Issuer of certain notes, as contemplated therein (the Holders of the Notes (including the beneficial holders thereof) and the Collateral Agent are herein called the “Secured Creditors”);

WHEREAS, in connection with the Indenture, the Issuer and certain of its Subsidiaries have entered into a Security Agreement, dated as of March 31, 2014 (as amended, supplemented or otherwise modified from time to time, the “Security Agreement”) in favor of the Collateral Agent for the ratable benefit of the Secured Creditors;

WHEREAS, pursuant to the Indenture, upon the occurrence of the Pulitzer Debt Satisfaction Date, each Additional Assignor is required to become a party to the Security Agreement and a Subsidiary Guarantor under the Indenture; and

WHEREAS, on the date hereof substantially contemporaneously with the execution hereof, the Pulitzer Debt Satisfaction Date shall have occurred and each Additional Assignor has agreed to execute and deliver this Joinder Agreement in order to become an Additional Assignor under the Security Agreement and a Subsidiary Guarantor under the Indenture;

NOW, THEREFORE, IT IS AGREED:

1. Indenture. By executing and delivering this Joinder Agreement, each Additional Assignor, as provided in Section 3.10(a) of the Indenture, hereby becomes a party to the Indenture as a Subsidiary Guarantor thereunder with the same force and effect as if originally named therein as an Subsidiary Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. Each Additional Assignor hereby represents and warrants that each of the representations and warranties contained in the Indenture is true and correct on and as the date hereof (after giving effect to this Joinder Agreement) as if made on and as of such date

2. Security Agreement. By executing and delivering this Joinder Agreement, each Additional Assignor, as provided in Section 3.10(b) of the Indenture and Section 11.12 of the Security Agreement, hereby becomes a party to the Security Agreement as an Assignor thereunder with the same force and effect as if originally named therein as an Assignor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of an Assignor thereunder. The information set forth in the Annexes hereto is hereby added to the information set forth in the Annexes to the Security Agreement. Each Additional Assignor hereby represents and warrants that each of the representations and warranties contained in the Security Agreement is true and correct on and as the date hereof (after giving effect to this Joinder Agreement) as if made on and as of such date.


3. Governing Law. THIS JOINDER AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

[Remainder of page intentionally left blank – Signature pages follow]

 

2


IN WITNESS WHEREOF, the undersigned have caused this Joinder Agreement to be duly executed and delivered as of the date first above written.

 

PULITZER INC., as an Assignor and Subsidiary Guarantor
By:    

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary
FLAGSTAFF PUBLISHING CO.
HANFORD SENTINEL INC.
NAPA VALLEY PUBLISHING CO.
PANTAGRAPH PUBLISHING CO.
PULITZER MISSOURI NEWSPAPERS, INC.
PULITZER NEWSPAPERS, INC.
PULITZER TECHNOLOGIES, INC.
SANTA MARIA TIMES, INC.
SOUTHWESTERN OREGON PUBLISHING CO.
STAR PUBLISHING COMPANY
YNEZ CORPORATION,
each as an Assignor and Subsidiary Guarantor
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary
FAIRGROVE LLC, as an Assignor and Subsidiary Guarantor
By: ST. LOUIS POST-DISPATCH LLC,
Managing Member
By: PULITZER INC., Managing Member
By:    

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary

[Signature Page to Joinder Agreement (Indenture & Security Agreement)]


AMPLIFIED DIGITAL, LLC
ST. LOUIS POST-DISPATCH LLC
STL DISTRIBUTION SERVICES LLC
SUBURBAN JOURNALS OF GREATER ST. LOUIS LLC

PULITZER NETWORK SYSTEMS LLC,

each as an Assignor and Subsidiary Guarantor

By:    

PULITZER INC., Managing Member
By:    

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary

[Signature Page to Joinder Agreement (Indenture & Security Agreement)]


SUPPLEMENT TO ANNEX A

SCHEDULE OF CHIEF EXECUTIVE OFFICES

See attached.

 

Name of Assignor

  

Address(es) of Chief Executive Office

Pulitzer Inc.   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Pulitzer Technologies, Inc.   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

St. Louis Post-Dispatch LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Fairgrove LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

STL Distribution Services LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Suburban Journals of Greater St. Louis LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Pulitzer Network Systems LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Pulitzer Newspapers, Inc.   

404 W. 3700 N.

Provo, UT 84604

Flagstaff Publishing Co.   

1751 South Thompson Street Flagstaff, AZ

86001

Hanford Sentinel, Inc.   

300 E. 6th St.

Hanford, CA 93232

Amplified Digital LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Napa Valley Publishing Co.   

1615 2nd Street

Napa, CA 94559

Pantagraph Publishing Co.    301 W. Washington St. Bloomington, IL 61702


SUPPLEMENT TO ANNEX A

 

Pulitzer Missouri Newspapers, Inc.

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Santa Maria Times, Inc.

3200 Skyway Dr.

Santa Maria, CA 93455

Southwestern Oregon Publishing Co.

350 Commercial Ave.

Coos Bay, OR 97420

Ynez Corporation

115 North H Street.

Lompoc, CA 93438

Star Publishing Company

201 N. Harrison St. Ste. 600

Davenport, IA 52801

 


SUPPLEMENT TO ANNEX B

[Reserved]


SUPPLEMENT TO ANNEX C

SCHEDULE OF LEGAL NAMES, TYPE OF ORGANIZATION (AND WHETHER A REGISTERED ORGANIZATION AND/OR

A TRANSMITTING UTILITY), JURISDICTION OF ORGANIZATION, LOCATION, ORGANIZATIONAL IDENTIFICATION

NUMBERS AND FEDERAL EMPLOYER IDENTIFICATION NUMBERS

See attached.

 

Exact Legal Name

of Each Assignor

 

Type of

Organization (or, if

the Assignor is an

Individual, so

indicate)

 

Registered

Organization

(Yes/No)

 

Jurisdiction of

Organization

 

Assignor’s Location (for

purposes of NY

UCC § 9-307)

 

Assignor’s

Organization

Identification

Number (or, if

it has none,

so indicate)

 

Assignor’s Federal

Employer

Identification Number

(or, if it has none,

so indicate)

 

Transmitting

Utility?

(Yes/No)

Pulitzer Inc.

  Corporation   Yes   Delaware  

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

  2900072   43-1819711   No

Amplified Digital LLC

  Limited Liability Company   Yes   Delaware  

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

  5301440   46-2245913   No

Pulitzer Technologies, Inc.

  Corporation   Yes   Delaware  

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

  3219438   43-1108892   No

St. Louis Post-Dispatch LLC

  Limited Liability Company   Yes   Delaware  

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

  3211374   43-1885357   No

Fairgrove LLC

  Limited Liability Company   Yes   Delaware  

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

  3324157   n/a   No

STL Distribution Services LLC

  Limited Liability Company   Yes   Delaware  

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

  3371779   43-1920922   No

Suburban Journals of Greater St. Louis LLC

  Limited Liability Company   Yes   Delaware  

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

  3245491   43-1896217   No

Pulitzer Network Systems LLC

  Limited Liability Company   Yes   Delaware  

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

  3149424   43-1885359   No

Pulitzer Newspapers, Inc.

  Corporation   Yes   Delaware  

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

  0317323   91-0401560   No


SUPPLEMENT TO ANNEX C

 

Flagstaff Publishing Co.

Corporation Yes Washington

1751 South Thompson

Street, Flagstaff, AZ 86001

601114945 86-0134796 No

Hanford Sentinel, Inc.

Corporation Yes Washington

300 E. 6th St., Hanford,

CA 93232

601117400 94-1410775 No

Napa Valley Publishing Co.

Corporation Yes Washington

1615 2nd Street, Napa, CA

94559

601114867 94-1427802 No

Pantagraph Publishing Co.

Corporation Yes Delaware

301 W. Washington St.,

Bloomington, IL 61702

2062509 36-3367058 No

Pulitzer Missouri Newspapers, Inc.

Corporation Yes Delaware

900 N. Tucker Blvd., St.

Louis, MO 63101-1099

2618272 61-1301960 No

Santa Maria Times, Inc.

Corporation Yes Nevada

3200 Skyway Dr., Santa

Maria, CA 93455

C2869-1973 91-0903801 No

Southwestern Oregon Publishing Co.

Corporation Yes Oregon

350 Commercial Ave.,

Coos Bay, OR 97420

101998-18 91-0900741 No

Ynez Corporation

Corporation Yes California

115 North H Street.

Lompoc, CA 93438

C0710848 95-2875443 No

Star Publishing Company

Corporation Yes Arizona

4850 S. Park Ave.,

Tucson, AZ 85714

0066033-8 86-0200690 No


SUPPLEMENT TO ANNEX D

[Reserved]


SUPPLEMENT TO ANNEX E

DESCRIPTION OF CERTAIN SIGNIFICANT TRANSACTIONS OCCURRING WITHIN ONE YEAR

PRIOR TO THE DATE OF THE GUARANTEE AND COLLATERAL AGREEMENT

 

Name of Assignor

  

Description of any Transactions as required by

Section 3.8 of the Guarantee and Collateral

Agreement

Pulitzer Inc.    N/A
Amplified Digital LLC    N/A
Pulitzer Technologies, Inc.    N/A
St. Louis Post-Dispatch LLC    N/A
Fairgrove LLC    N/A
STL Distribution Services LLC    N/A
Suburban Journals of Greater St. Louis LLC    N/A
Pulitzer Network Systems LLC    N/A
Pulitzer Newspapers, Inc.    N/A
Flagstaff Publishing Co.    N/A
Hanford Sentinel, Inc.    N/A
Napa Valley Publishing Co.    N/A
Pantagraph Publishing Co.    N/A
Pulitzer Missouri Newspapers, Inc.    N/A
Santa Maria Times, Inc.    N/A
Southwestern Oregon Publishing Co.    N/A
Ynez Corporation    N/A
Star Publishing Company    N/A


SUPPLEMENT TO ANNEX F

SCHEDULE OF DEPOSIT ACCOUNTS

 

Name of Assignor

   Description
of Deposit Account
   Account Number   

Name of Bank, Address

and Contact Information

   Jurisdiction of Bank
(determined in
accordance with
UCC § 9-304)
   Excluded
Accounts
marked
with **

Pulitzer Inc.

   Pulitzer Inc.    1539 1037 9749   

US Bank

201 W. 2nd Street

Davenport, IA 52801

   New York   

Pulitzer Inc.

   Pulitzer Sweep    253800001252   

US Bank

201 W. 2nd Street

Davenport, IA 52801

   New York   

Flagstaff Publishing Co.

   Arizona Daily Sun

Flagstaff

   8010486010   

Alliance Bank of Arizona

214 East Birch

Flagstaff, AZ 86001

Attn: Steve Keith

   New York   

Flagstaff Publishing Co.

   Arizona Daily Sun    153910045522   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   

Pulitzer Missouri Newspapers, Inc.

   Daily Journal - Park Hills    153910045563   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   

Pantagraph Publishing Co.

   The Pantagraph    153910379806   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   

Pulitzer Missouri Newspapers, Inc.

   Daily Journal - Park Hills    153910045688   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   


SUPPLEMENT TO ANNEX F

 

Name of Assignor

   Description
of Deposit Account
   Account Number   

Name of Bank, Address

and Contact Information

   Jurisdiction of Bank
(determined in
accordance with
UCC § 9-304)
   Excluded
Accounts
marked
with **

Pulitzer Missouri Newspapers, Inc.

   Daily Journal - Park Hills    153910249744   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   

Pantagraph Publishing Co.

   Pantagraph Publishing Co.    153910255444   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   

Hanford Sentinel, Inc.

   Hanford    4470332897   

Union Bank

225 W. 7th St.

Hanford, CA 93230

559-582-1086

Attn: Lorena Gonzalez

lorena.gonzalez@unionbank.com

   New York    **

STL Distribution Services LLC

   STL Distribution Services LLC    153910045548   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Hanford Sentinel, Inc.

   The Sentinel -Hanford    153910045589   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Pulitzer Newspapers, Inc.

   The Daily Herald - Provo    153910045597   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Santa Maria Times, Inc.

   Santa Maria Times    153910045621   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **


SUPPLEMENT TO ANNEX F

 

Name of Assignor

  

Description

of Deposit Account

  

Account Number

  

Name of Bank, Address

and Contact Information

  

Jurisdiction of Bank
(determined in
accordance with
UCC § 9-304)

  

Excluded
Accounts
marked
with **

Southwestern Oregon Publishing Co.

   The World #2312 - Coos Bay    153910045639   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Napa Valley Publishing Co.

   Napa Valley Publishing    153910045647   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Pulitzer Newspapers, Inc.

   Daily Herald PBS    153910045696   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Pulitzer Newspapers, Inc.

   Daily Herald Classified    153910045704   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Pulitzer Newspapers, Inc.

   Daily Herald Circ    153910045712   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

St. Louis Post-Dispatch LLC

   St Louis Post Dispatch    153910045746   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Southwestern Oregon Publishing Co.

   The World    153910249728   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **


SUPPLEMENT TO ANNEX F

 

Name of Assignor

  

Description

of Deposit Account

  

Account Number

  

Name of Bank, Address

and Contact Information

  

Jurisdiction of Bank
(determined in
accordance with
UCC § 9-304)

  

Excluded
Accounts
marked
with **

St. Louis Post-Dispatch LLC

  

St Louis Post

Dispatch Marketing

   153910379673   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

St. Louis Post-Dispatch LLC

   St Louis Post Dispatch PD Online    153910379681   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Flagstaff Publishing Co.

   Arizona Daily Sun    153910379699   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Hanford Sentinel, Inc.

   The Sentinel - Hanford    153910379756   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

St. Louis Post-Dispatch LLC

   St Louis Post Dispatch    15391037 9723   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Pulitzer Inc.

   Pulitzer Circulation    153910379780   

US Bank

201 W. 2nd Street

Davenport, IA 52801

   New York    **

Pulitzer Inc.

   Pulitzer Inc.    182380187852   

US Bank

201 W. 2nd Street

Davenport, IA 52801

   New York    **


SUPPLEMENT TO ANNEX G

DESCRIPTION OF COMMERCIAL TORT CLAIMS

NONE OVER $100,000


SUPPLEMENT TO ANNEX H

SCHEDULE OF MARKS AND APPLICATIONS; INTERNET DOMAIN NAME REGISTRATIONS;

MASTHEADS; MOBILE/TABLE APPLICATIONS; TRADE NAMES; AND SOFTWARE

 

1. Marks and Applications:

 

  a. Pulitzer Federal Marks (registered with the USPTO)

 

Owner

  

Mark

   Reg. Date    Registration No.

Pulitzer Inc.

   100 Neediest Cases    5/24/1983    1239334
   Everyday    10/30/2001    2501621
   Feast    10/16/2007    3314639
   Feast    4/3/2012    4122623
   Feast Magazine    4/26/2011    3952650
   Get Out    5/28/1996    1976900
   St. Louis Post-Dispatch    9/17/1991    1657386
   Feast TV    5/19/2015    4738392

Pulitzer Newspapers, Inc.

   American Canyon Eagle    7/18/2006    3118141
   Arizona Daily Sun    12/10/2002    2659561
   Flagstaff Live!    10/22/2002    2639764
   Inside Napa Valley    10/22/2002    2639765
   Selma Enterprise    2/4/2003    2683717
   The Kingsburg Recorder    10/22/2002    2639773
   The Napa Valley Register    2/4/2003    2683714
   The Pantagraph    11/25/2003    2786223

St. Louis Post-Dispatch LLC

   STL Today    4/15/2003    2706149


SUPPLEMENT TO ANNEX H

 

  c. Pulitzer State Marks

 

Owner

  

Mark

  

Registration/

Filing/Issued
Date

   Jurisdiction    Registration No.

Flagstaff Publishing Co.

   Best of Flagstaff    9/21/1995    Arizona    36272
   99 Things To Do In Northern Arizona    2/26/1999    Arizona    42283

Pantagraph Publishing Co.

   Pantagraph    12/27/2006    Illinois    096948


SUPPLEMENT TO ANNEX H

 

2. Internet Domain Name Registrations:

Assignors may use domain names and/or be the registrant of record for domain names that are beneficially owned by third parties that are not subject to or a part of this Agreement and therefore those domain names are not listed in this Annex H.

Assignors may own immaterial domain names that are not used and thus not included in this Annex. Assignors may also have included immaterial domain names in this Annex that are not in use. Domain names are set forth in this Annex under the subsidiaries who are their beneficial owners; however, such domain names may be formally registered to parties including: Lee Publications, Inc., Lee Procurement Solutions Co., Lee Enterprises, Lee Enterprises, Incorporated, INN Partners L.C., or Lee Consolidated Holdings Co.

 

  a. Pulitzer Domain Names

 

DOMAIN NAME

  

BENEFICIAL OWNER

amp-li-fid-digital.com

   Amplified Digital

amp-li-fid-digital.net

   Amplified Digital

amp-li-fiddigital.com

   Amplified Digital

amp-li-fiddigital.net

   Amplified Digital

ampdigitalstl.com

   Amplified Digital

ampdigitalstl.net

   Amplified Digital

amplifiddigital.com

   Amplified Digital

amplifiddigital.net

   Amplified Digital

amplifiddigitalstl.net

   Amplified Digital

amplifiedautos.com

   Amplified Digital

amplifieddigitalagency.com

   Amplified Digital

amplifieddigitalstl.net

   Amplified Digital

digitalmarketingsolutionsgroup.com

   Amplified Digital

dmsgroup.com

   Amplified Digital

dmsgroupstl.com

   Amplified Digital

dmsgroupstl.info

   Amplified Digital

dmsgroupstl.net

   Amplified Digital

trackmycall.com

   Amplified Digital

trackmycall.net

   Amplified Digital

theadobepress.com

   Adobe Press

arizonadailysun.com

   Arizona Daily Sun

arizonadailysun.net

   Arizona Daily Sun

azdailysun.com

   Arizona Daily Sun            

azdailysun.net

   Arizona Daily Sun

azdailysun.xxx

   Arizona Daily Sun

azdailysun-inserts.com

   Arizona Daily Sun

directimpress.com

   Arizona Daily Sun


SUPPLEMENT TO ANNEX H

 

directmailarizona.com

Arizona Daily Sun

directmailflagstaff.com

Arizona Daily Sun

directreps.com

Arizona Daily Sun

emediatools.com

Arizona Daily Sun

flaglive.com

Arizona Daily Sun

flagstaffautofinder.com

Arizona Daily Sun

flagstaffhomefinder.com

Arizona Daily Sun

flagstafflive.com

Arizona Daily Sun

flagstafflives.com

Arizona Daily Sun

flagstaffsnowday.com

Arizona Daily Sun

flagstaffwinterfest.com

Arizona Daily Sun

gcscout.com

Arizona Daily Sun

grandcanyonscout.com

Arizona Daily Sun

m.azdailysun.com

Arizona Daily Sun

mailstakes.com

Arizona Daily Sun

mailstakes.net

Arizona Daily Sun

mountainlivingmagazine.com

Arizona Daily Sun

namlm.com

Arizona Daily Sun

sellitaz.com

Arizona Daily Sun

sellitflag.com

Arizona Daily Sun

sellitflagstaff.com

Arizona Daily Sun

thursdaysonthesquare.com

Arizona Daily Sun

yourgrandcanyonguide.com

Arizona Daily Sun

dailysundigitalsolutions.com

Arizona Daily Sun

dailysunmediasolutions.com

Arizona Daily Sun

finditflagstaff.com

Arizona Daily Sun

bandonwesternworld.com

Bandon Western World

westernworldnewspaper.com

Bandon Western World

farmercityjournal.com

Bloomington Pantagraph

gibsoncitycourier.com

Bloomington Pantagraph

leroyjournal.com

Bloomington Pantagraph

m.pantagraph.com

Bloomington Pantagraph

mypantagraph.com

Bloomington Pantagraph

pantagraph.com

Bloomington Pantagraph

pantagraph.xxx

Bloomington Pantagraph

pantagraphautos.com

Bloomington Pantagraph

pantagraphclassifieds.com

Bloomington Pantagraph

pantagraphhomemarket.com

Bloomington Pantagraph

woodcojo.com

Bloomington Pantagraph

woodfordcountyjournal.com

Bloomington Pantagraph

b2b309.biz

Bloomington Pantagraph


SUPPLEMENT TO ANNEX H

 

bloomington.wheelsforyou.com

Bloomington Pantagraph

business309

Bloomington Pantagraph

cgi.pantagraph.com

Bloomington Pantagraph

circulars.pantagraph.com

Bloomington Pantagraph

edition.pantagraph.com

Bloomington Pantagraph

homes.pantagraph.com

Bloomington Pantagraph

illpolitics.com

Bloomington Pantagraph

jobs.pantagraph.com

Bloomington Pantagraph

live617.com

Bloomington Pantagraph

local.pantagrah.com

Bloomington Pantagraph

mobile.pantagraph.com

Bloomington Pantagraph

my.pantagraph.com

Bloomington Pantagraph

pa-ee.pantagraph.com

Bloomington Pantagraph

politicsillinois.com

Bloomington Pantagraph

stats.pantagraph.com

Bloomington Pantagraph

tcstyle.com

Bloomington Pantagraph

theuguide.com

Bloomington Pantagraph

www2.pantagraph.com

Bloomington Pantagraph

dailyjournalmo.com

Daily Journal

dailyjournalonline.com

Daily Journal

dailyjournalonline.xxx

Daily Journal

democratnewsonline.com

Daily Journal

farmingtonpressonline.com

Daily Journal

m.dailyjournalonline.com

Daily Journal

mydjconnection.com

Daily Journal

centralvalleyview.com

Hanford Sentinel

cumberlink.xxx

Hanford Sentinel

hanfordsentinel.com

Hanford Sentinel

hanfordsentinel.xxx

Hanford Sentinel

hanfordvoice.com

Hanford Sentinel

homestricounty.net

Hanford Sentinel

kcvalleyview.com

Hanford Sentinel

kingscountyvoice.com

Hanford Sentinel

lemoorenavynews.com

Hanford Sentinel

lemoorevoice.com

Hanford Sentinel

m.hanfordsentinel.com

Hanford Sentinel

newzcentral.com

Hanford Sentinel

shippsentinel.com

Hanford Sentinel

sentinel.wheelsforyou.com

Hanford Sentinel

kingscountybusinesssentinel.biz

Kings County Business Sentinel

kingscountybusinesssentinel.com

Kings County Business Sentinel


SUPPLEMENT TO ANNEX H

 

kingscountybusinesssentinel.net

Kings County Business Sentinel

kingsburgrecorder.com

Kingsburg Recorder

laduenews.com

Ladue News

centralcoastwheels.com

Lompoc Record

centralcoastwheelsforyou.com

Lompoc Record

lompocrecord.com

Lompoc Record

lompocrecord.xxx

Lompoc Record

m.lompocrecord.com

Lompoc Record

amcaneagle.com

Napa Valley Register

americancanyoneagle.com

Napa Valley Register

distinctiveproperties.com

Napa Valley Register

enapavalley.com

Napa Valley Register

insidenapavalley.com

Napa Valley Register

m.napavalleyregister.com

Napa Valley Register

napabusinesstimes.com

Napa Valley Register

napanews.com

Napa Valley Register

naparegister.com

Napa Valley Register

napavalleybusinesstimes.com

Napa Valley Register

napavalleyregister.com

Napa Valley Register

napavalleyregister.xxx

Napa Valley Register

napavalleywheels.com

Napa Valley Register

nvbusinesstimes.com

Napa Valley Register

nvregister.com

Napa Valley Register

searchnapa.com

Napa Valley Register

sthelenastar.com

Napa Valley Register

tiempolatino.net

Napa Valley Register

weeklycalistogan.com

Napa Valley Register

adsandbargains.com

Provo Daily Herald

asavvylife.com

Provo Daily Herald

beatthezuke.com

Provo Daily Herald

cougarblue.com

Provo Daily Herald

daily-herald.com

Provo Daily Herald

dealsgonemobile.com

Provo Daily Herald

harktheherald.com

Provo Daily Herald

heraldextra.com

Provo Daily Herald

heraldextra.com

Provo Daily Herald

heraldextra.xxx

Provo Daily Herald

m.savvyshopperdeals.com

Provo Daily Herald

myheraldextra.com

Provo Daily Herald

myutah.info

Provo Daily Herald

preprallyutah.com

Provo Daily Herald


SUPPLEMENT TO ANNEX H

 

provodailyherald.com

Provo Daily Herald

savvyshopperdeals.com

Provo Daily Herald

utahadventurer.com

Provo Daily Herald

utahmomclick.com

Provo Daily Herald

uvbid.com

Provo Daily Herald

uvhomechoice.com

Provo Daily Herald

wearesanpete.com

Provo Daily Herald

heraldextra.net

Provo Daily Herald

paysonldstemple.com

Provo Daily Herald

provocitycentertemple.com

Provo Daily Herald

provocitycentertemple.org

Provo Daily Herald

provodh.com

Provo Daily Herald

utahbestbridal.com

Provo Daily Herald

utahadventure.com

Provo Daily Herald

Pulitzer.net

Pulitzer, Inc.

bridescentralcoast.com

Santa Maria Times

centralcoastsavvyshopper.com

Santa Maria Times

fromthevine.info

Santa Maria Times

fromthevine.net

Santa Maria Times

insidesmvalley.com

Santa Maria Times

m.santamariatimes.com

Santa Maria Times

periodicoeltiempo.com

Santa Maria Times

santamariatimes.com

Santa Maria Times

santamariatimes.xxx

Santa Maria Times

spacecountrytimes.com

Santa Maria Times

thetimespressrecorder.com

Santa Maria Times

welcomecentralcoast.com

Santa Maria Times

m.syvnews.com

Santa Ynez Valley News

syvnews.com

Santa Ynez Valley News

selmaenterprise.com

Selma Enterprise

4posttraffic.com

St. Louis Post-Dispatch

900walnut.net

St. Louis Post-Dispatch

amplifiddigitalstl.com

St. Louis Post-Dispatch

amplifieddigitalstl.com

St. Louis Post-Dispatch

applypd.com

St. Louis Post-Dispatch

feastmag.org

St. Louis Post-Dispatch

feast-magazine.com

St. Louis Post-Dispatch

feast-magazine.net

St. Louis Post-Dispatch

feast-magazine.org

St. Louis Post-Dispatch

feaststl.com

St. Louis Post-Dispatch

feaststl.net

St. Louis Post-Dispatch


SUPPLEMENT TO ANNEX H

 

feaststl.org

St. Louis Post-Dispatch

feastil.com

St. Louis Post-Dispatch

feastkc.com

St. Louis Post-Dispatch

feastmag.net

St. Louis Post-Dispatch

feastmagazine.com

St. Louis Post-Dispatch

feastmidwest.com

St. Louis Post-Dispatch

feastmo.com

St. Louis Post-Dispatch

localvaluesdirect.com

St. Louis Post-Dispatch

m.feaststl.com

St. Louis Post-Dispatch

m.stltoday.com

St. Louis Post-Dispatch

mohealthreport.com

St. Louis Post-Dispatch

myp-d.com

St. Louis Post-Dispatch

mypostdispatch.com

St. Louis Post-Dispatch

mypost-dispatch.com

St. Louis Post-Dispatch

mystltoday.com

St. Louis Post-Dispatch

nowhiringstl.com

St. Louis Post-Dispatch

on-timetraffic.com

St. Louis Post-Dispatch

p4to.com

St. Louis Post-Dispatch

pdmarketmax.com

St. Louis Post-Dispatch

pdonline.com

St. Louis Post-Dispatch

politicalfix.com

St. Louis Post-Dispatch

post4trafficonline.com

St. Louis Post-Dispatch

postand4traffic.com

St. Louis Post-Dispatch

postdispat.ch

St. Louis Post-Dispatch

postdispatch.com

St. Louis Post-Dispatch

post-dispatch.com

St. Louis Post-Dispatch

post-dispatch.info

St. Louis Post-Dispatch

post-dispatchrewards.com

St. Louis Post-Dispatch

post-dispatchstore.com

St. Louis Post-Dispatch

postfortrafficonline.com

St. Louis Post-Dispatch

postfortrafficon-line.com

St. Louis Post-Dispatch

postfourtrafficonline.com

St. Louis Post-Dispatch

postfourtrafficon-line.com

St. Louis Post-Dispatch

prepsportsshow.com

St. Louis Post-Dispatch

ridesthemagazine.com

St. Louis Post-Dispatch

saintlouisdirect.com

St. Louis Post-Dispatch

saintlouistoday.com

St. Louis Post-Dispatch

sellitsaintlouis.com

St. Louis Post-Dispatch

stl4traffic.com

St. Louis Post-Dispatch

stlapply.com

St. Louis Post-Dispatch

stlatwork.biz

St. Louis Post-Dispatch


SUPPLEMENT TO ANNEX H

 

stlatwork.com

St. Louis Post-Dispatch

stlcaring.com

St. Louis Post-Dispatch

stlezads.com

St. Louis Post-Dispatch

stlezads.net

St. Louis Post-Dispatch

stlfeast.com

St. Louis Post-Dispatch

stlfeast.net

St. Louis Post-Dispatch

stlfeast.org

St. Louis Post-Dispatch

stlfeasts.com

St. Louis Post-Dispatch

stl-feasts.com

St. Louis Post-Dispatch

stlfeasts.net

St. Louis Post-Dispatch

stl-feasts.net

St. Louis Post-Dispatch

stlfeasts.org

St. Louis Post-Dispatch

stl-feasts.org

St. Louis Post-Dispatch

stlhealthandfitness.com

St. Louis Post-Dispatch

stl-iparty.com

St. Louis Post-Dispatch

stlmamarama.com

St. Louis Post-Dispatch

stlmarketplace.com

St. Louis Post-Dispatch

stlmomsanddads.com

St. Louis Post-Dispatch

stlouisatwork.biz

St. Louis Post-Dispatch

stlouisatwork.com

St. Louis Post-Dispatch

stlouisfeast.com

St. Louis Post-Dispatch

stlouisfeast.net

St. Louis Post-Dispatch

stlouisfeast.org

St. Louis Post-Dispatch

stlouisfeasts.com

St. Louis Post-Dispatch

stlouis-feasts.com

St. Louis Post-Dispatch

stlouisfeasts.net

St. Louis Post-Dispatch

stlouis-feasts.net

St. Louis Post-Dispatch

stlouisfeasts.org

St. Louis Post-Dispatch

stlouis-feasts.org

St. Louis Post-Dispatch

stlouisnews.com

St. Louis Post-Dispatch

stlouisnewspaper.com

St. Louis Post-Dispatch

stlouispost.com

St. Louis Post-Dispatch

stltoday.biz

St. Louis Post-Dispatch

stltoday.com

St. Louis Post-Dispatch

stltoday.net

St. Louis Post-Dispatch

stltoday.org

St. Louis Post-Dispatch

stltodaysucks.com

St. Louis Post-Dispatch

stltodaysucks.net

St. Louis Post-Dispatch

stltodaysucks.org

St. Louis Post-Dispatch

stltonight.com

St. Louis Post-Dispatch

thefeastin.com

St. Louis Post-Dispatch


SUPPLEMENT TO ANNEX H

 

thefeastin.net

St. Louis Post-Dispatch

thefeastin.org

St. Louis Post-Dispatch

thefeastsite.com

St. Louis Post-Dispatch

thefeastsite.net

St. Louis Post-Dispatch

thefeastsite.org

St. Louis Post-Dispatch

theliststl.com

St. Louis Post-Dispatch

thepostdispatchstore.com

St. Louis Post-Dispatch

thepost-dispatchstore.com

St. Louis Post-Dispatch

workingstlouis.com

St. Louis Post-Dispatch

yourjournal.biz

St. Louis Post-Dispatch

yourjournal.info

St. Louis Post-Dispatch

yournexthomestl.com

St. Louis Post-Dispatch

stldistribution.net

STL Distribution Services

stldistributionservices.com

STL Distribution Services

stldist.com

STL Distribution Services

ampforteens.com

Suburban Journals of Greater St. Louis

claytonbusinessjournal.com

Suburban Journals of Greater St. Louis

claytonbusinessnews.com

Suburban Journals of Greater St. Louis

edwardsvillejournal.com

Suburban Journals of Greater St. Louis

ejournals.com

Suburban Journals of Greater St. Louis

granitecitypress-record.com

Suburban Journals of Greater St. Louis

hazelwood-bridgetonjournal.com

Suburban Journals of Greater St. Louis

illinoiswinepress.com

Suburban Journals of Greater St. Louis

iparty-ladue.com

Suburban Journals of Greater St. Louis

iparty-stl.com

Suburban Journals of Greater St. Louis

jeffcountyjournal.com

Suburban Journals of Greater St. Louis

kirkwoodwebsterjournal.com

Suburban Journals of Greater St. Louis

laduenews.com

Suburban Journals of Greater St. Louis

laduenews.info

Suburban Journals of Greater St. Louis

millstadtenterprise.com

Suburban Journals of Greater St. Louis

missouriwinepress.com

Suburban Journals of Greater St. Louis

mysuburbanjournal.com

Suburban Journals of Greater St. Louis

networkstlouis.com

Suburban Journals of Greater St. Louis

newsdemocratejournal.com

Suburban Journals of Greater St. Louis

newsdemocratjournal.com

Suburban Journals of Greater St. Louis

northeastcountyjournal.com

Suburban Journals of Greater St. Louis

northwestcountyjournal.com

Suburban Journals of Greater St. Louis

oakville-mehlvillejournal.com

Suburban Journals of Greater St. Louis

oldnewsboyday.com

Suburban Journals of Greater St. Louis

oldnewsboysday.com

Suburban Journals of Greater St. Louis

oldnewsboysday.org

Suburban Journals of Greater St. Louis


SUPPLEMENT TO ANNEX H

 

overland-stannjournal.com

Suburban Journals of Greater St. Louis

readjo.com

Suburban Journals of Greater St. Louis

saintlouisbestbridal.com

Suburban Journals of Greater St. Louis

savvyfamily.com

Suburban Journals of Greater St. Louis

southwestcityjournal.com

Suburban Journals of Greater St. Louis

southwestcountyjournal.com

Suburban Journals of Greater St. Louis

statsonline.com

Suburban Journals of Greater St. Louis

stcjournal.com

Suburban Journals of Greater St. Louis

stclairjournal.com

Suburban Journals of Greater St. Louis

stc-news.com

Suburban Journals of Greater St. Louis

stcsuburbanjournal.com

Suburban Journals of Greater St. Louis

stlathlete.biz

Suburban Journals of Greater St. Louis

stlathlete.com

Suburban Journals of Greater St. Louis

stlathlete.mobi

Suburban Journals of Greater St. Louis

stlathlete.net

Suburban Journals of Greater St. Louis

stlathlete.org

Suburban Journals of Greater St. Louis

stlbestbridal.com

Suburban Journals of Greater St. Louis

stlclubbaseball.com

Suburban Journals of Greater St. Louis

stlclubsoccer.com

Suburban Journals of Greater St. Louis

stlclubsoccer.net

Suburban Journals of Greater St. Louis

stlclubsoccer.org

Suburban Journals of Greater St. Louis

stlclubsoftball.com

Suburban Journals of Greater St. Louis

stlclubsports.com

Suburban Journals of Greater St. Louis

stlclubvolleyball.com

Suburban Journals of Greater St. Louis

stlcollegesports.biz

Suburban Journals of Greater St. Louis

stlcollegesports.com

Suburban Journals of Greater St. Louis

stlcollegesports.info

Suburban Journals of Greater St. Louis

stlcollegesports.mobi

Suburban Journals of Greater St. Louis

stlcollegesports.net

Suburban Journals of Greater St. Louis

stlcollegesports.org

Suburban Journals of Greater St. Louis

stlcycsports.com

Suburban Journals of Greater St. Louis

stldriverjobs.com

Suburban Journals of Greater St. Louis

stlfeastmedia.biz

Suburban Journals of Greater St. Louis

stlfeastmedia.com

Suburban Journals of Greater St. Louis

stlfeastmedia.info

Suburban Journals of Greater St. Louis

stlfeastmedia.mobi

Suburban Journals of Greater St. Louis

stlfeastmedia.net

Suburban Journals of Greater St. Louis

stlfeastmedia.org

Suburban Journals of Greater St. Louis

stlhealthcarejobs.com

Suburban Journals of Greater St. Louis

stlhighschoolsports.biz

Suburban Journals of Greater St. Louis

stlhighschoolsports.com

Suburban Journals of Greater St. Louis


SUPPLEMENT TO ANNEX H

 

stlhighschoolsports.info

Suburban Journals of Greater St. Louis

stlhighschoolsports.mobi

Suburban Journals of Greater St. Louis

stlhighschoolsports.net

Suburban Journals of Greater St. Louis

stlhighschoolsports.org

Suburban Journals of Greater St. Louis

stlhssports.biz

Suburban Journals of Greater St. Louis

stlhssports.com

Suburban Journals of Greater St. Louis

stlhssports.info

Suburban Journals of Greater St. Louis

stlhssports.mobi

Suburban Journals of Greater St. Louis

stlhssports.net

Suburban Journals of Greater St. Louis

stlhssports.org

Suburban Journals of Greater St. Louis

stlmanufacturingjobs.com

Suburban Journals of Greater St. Louis

stlnursingjobs.com

Suburban Journals of Greater St. Louis

stlouisbestbridal.com

Suburban Journals of Greater St. Louis

stlpreps.com

Suburban Journals of Greater St. Louis

stlprosports.biz

Suburban Journals of Greater St. Louis

stlprosports.com

Suburban Journals of Greater St. Louis

stlprosports.info

Suburban Journals of Greater St. Louis

stlprosports.mobi

Suburban Journals of Greater St. Louis

stlprosports.net

Suburban Journals of Greater St. Louis

stlprosports.org

Suburban Journals of Greater St. Louis

stlsalesjobs.com

Suburban Journals of Greater St. Louis

stluxe.com

Suburban Journals of Greater St. Louis

stluxury.com

Suburban Journals of Greater St. Louis

stlvarsity.com

Suburban Journals of Greater St. Louis

stlyouthsports.com

Suburban Journals of Greater St. Louis

stpetersjournal.com

Suburban Journals of Greater St. Louis

subscribesj.com

Suburban Journals of Greater St. Louis

yourjournal.com

Suburban Journals of Greater St. Louis

timespressrecorder.com

Times Press Recorder

theumpquapost.com

Umpqua Post

m.theworldlink.com

World Link

theworldlink.com

World Link

theworldnewspaper.com

World Link

coquillevalleycourant.com

World Link


SUPPLEMENT TO ANNEX H

 

3. Mastheads:

a. Pulitzer Mastheads

 

Newspaper Name

  

Masthead

Arizona Daily Sun    LOGO
Santa Maria Times    LOGO
The Lompoc Record    LOGO
The Sentinel    LOGO
Napa Valley Register    LOGO
The Pantagraph    LOGO
Daily Journal    LOGO
St. Louis Post-Dispatch    LOGO
The World    LOGO
The Daily Herald    LOGO


SUPPLEMENT TO ANNEX H

 

4. Mobile/Tablet Applications:

 

  a. Pulitzer Mobile/Tablet Applications

 

Newspaper

  

Mobile Application

  

Platform/Device

Arizona Daily Sun    Arizona Daily Sun    iPhone
Daily Journal    Daily Journal    iPhone
Ladue News    Ladue News    iPad
Santa Maria Times    Central Coast Prep Sports    Android
Santa Maria Times    Central Coast Prep Sports for iPhone    iPhone
Santa Maria Times    Santa Maria Times    Android
Santa Maria Times    Santa Maria Times    iPhone
St. Louis Post-Dispatch    Cardinals Baseball    iPad
St. Louis Post-Dispatch    Rams Football News    iPad
St. Louis Post-Dispatch    St. Louis - stltoday.com    Kindle
The Daily Herald    CougarBlue    Android
The Daily Herald    Daily Herald    Android
The Daily Herald    Daily Herald    iPhone
The Daily Herald    Daily Herald Utah Valley News    iPad
The Daily Herald    Provo – Daily Herald    Kindle
The Daily Herald    UV Sports: Daily Herald    Android
The Lompoc Record    Lompoc Record    Android
The Lompoc Record    Lompoc Record    iPhone
The Napa Valley Register    Napa Valley Register: Local news for Napa, CA    iPhone
The Pantagraph    Bloomington – The Pantagraph    Kindle
The Pantagraph    Pantagraph    Android
The Pantagraph    Pantagraph    iPhone
The Pantagraph    The Pantagraph for iPad    iPad
The Sentinel    The Sentinel: Local news for Hanford, CA    iPhone
The World    The World: Local news for Coos Bay, OR    iPhone


SUPPLEMENT TO ANNEX H

 

5. Trade Names:

 

  a. Pulitzer Trade Names

 

Registrant

 

Jurisdiction

 

Trade Name

  SOS File No.   Expiration

Flagstaff Publishing Co.

  AZ   Arizona Daily Sun   254463   8/30/2016
    azdailysun.com   571684   4/30/2018
    SunDial   571686   4/30/2018
    Midweek by Mail   571687   4/30/2018
    Northern Arizona’s Mountain Living Magazine   571688   4/30/2018
    Daily Living   571689   4/30/2018
    Flagstaff Rental Guide   571690   4/30/2018
    99 Things to do in Northern Arizona   571682   4/30/2018
    Flagstaff & Scenic Northern Arizona Calendar   571691   4/30/2018
    Coupons Direct   571692   4/30/2018

Hanford Sentinel, Inc.

  CA (Kings Co)   The Sentinel   13-157   4/30/2018
    Sentinel Sampler   13-157   4/30/2018
 

CA (Fresno Co)

  The Selma Enterprise   2201310002733   5/8/2018
    The Kingsburg Recorder   2201310002733   5/8/2018
    Central Valley Guide North   2201310002733   5/8/2018

Santa Maria Times, Inc.

  CA (Santa Barbara Co)   Lee Central Coast Newspapers   2014-0001487   5/20/2019
    Santa Maria Times       2013-0001417   4/29/2018


SUPPLEMENT TO ANNEX H

 

Adobe Press 2013-0001417 4/29/2018
Times Press Recorder 2013-0001417 4/29/2018
Space Country Times 2013-0001417 4/29/2018
Santa Ynez Valley News 2013-0001417 4/29/2018
Santa Ynez Valley Extra 2013-0001417 4/29/2018
The Lompoc Record 2013-0001417 4/29/2018
Super Savings 2013-0001417 4/29/2018

Santa Maria Times, Inc.

CA (San Luis Obispo Co) Adobe Press 2013-0989 4/30/2018
Times Press Recorder 2013-0989 4/30/2018

Napa Valley Publishing Co.

CA (Napa Co) American Canyon Eagle 2014-0001217 8/18/2019
Napa Valley Register 2010-0001420 9/14/2015
St. Helena Star 2013-0000683 4/30/2018
The Weekly Calistogan 2013-0000683 4/30/2018
Inside Napa Valley 2013-0000683 4/30/2018
Valley Bargain Finder 2013-0000683 4/30/2018
Distinctive Properties 2013-0000683 4/30/2018


SUPPLEMENT TO ANNEX H

 

Pantagraph Publishing Co.

IL The Pantagraph 6085-577-3 1/1/2020
pantagraph.com 6085-577-3 1/1/2020
The Gibson City Courier 6085-577-3 1/1/2020
Woodford Star 6085-577-3 1/1/2020
Woodford County Journal 6085-577-3 1/1/2020
Community News 6085-577-3 1/1/2020
Central Illinois Advertiser 6085-577-3 1/1/2020
HomeFinder Magazine 6085-577-3 1/1/2020

Pulitzer Inc.

MO St. Louis Post-Dispatch X00997458 9/8/2019

Pulitzer Missouri Newspapers, Inc.

MO Daily Journal X01310796 4/29/2018
Daily Journal Advantage X01310799 4/29/2018
Daily Journal Weekly Real Estate X01310800 4/29/2018
Democrat News X01310803 4/29/2018
Farmington Press X01310806 4/29/2018
Daily Journal Business Card Directory X01310810 4/29/2018
Madison County Info Guide X01310836 4/29/2018
Life Planning Guide X01310838 4/29/2018
Every Door & More X01310839 4/29/2018

Suburban Journals of Greater St. Louis LLC

IL Collinsville Herald 0044531-2 8/1/2015


SUPPLEMENT TO ANNEX H

 

Suburban Journals of Greater St. Louis LLC

MO Best Bridal X01080218 8/23/2015
Ladue News X01080165 8/23/2015
St. Louis Best Bridal X01080223 8/23/2015
St. Louis Best Bridal Guide X00997610 9/8/2019
St. Louis Best Bridal Magazine X00997612 9/8/2019
Suburban Journals X00997516 9/8/2019
Suburban Journals of Greater St. Louis X00997510 9/8/2019
Granite City Press-Record X01310847 4/29/2018
Collinsville Herald X01310853 4/29/2018
Feast Magazine X01310855 4/29/2018
St. Charles County Journal X001187797 9/4/2019

Southwestern Oregon Publishing Co.

OR The World 935157-90 5/3/2017
Bandon Western World 935155-92 5/3/2017
The Umpqua Post 935160-95 5/3/2017

Pulitzer Newspapers, Inc.

UT The Daily Herald 7507658-0151 11/30/2015
The Pyramid 5530321-0151 12/31/2015
The Pyramid Shopper 8659478-0151 4/30/2016


SUPPLEMENT TO ANNEX H

 

6. Software and Licenses:

 

  a(i). Pulitzer Inbound Licenses

 

Name - Versions

  

Number - Licenses

APT retail advertising and classified advertising system    Unlimited user licenses
Infinium General Ledger, Payables, Payroll and Human Resources module    1 per site
Microsoft Exchange Server CAL    1 per employee
Microsoft Office suite (various versions)    5,000
Microsoft Windows Server   
Microsoft Windows Server CAL    1 per employee
Symantec End Point Protection    1 per employee
SmithTech Snagit    1 license
MS Office 2013 Standard    5 licenses
MS Excel 2013    1 license
CitySpark for Events Portal for STL Today.com    1 license

 

  b(i). Pulitzer Proprietary Software Developed by Townnews

 

Custom internally written advertising system (Phoenix)   
Custom internally written circulation system (Falcon)   


SUPPLEMENT TO ANNEX I

 

SCHEDULE OF PATENTS

None.


SUPPLEMENT TO ANNEX J

 

SCHEDULE OF COPYRIGHTS

In addition to those copyright registrations listed here, individual newspapers may have published books of local significance and may or may not have registered the copyright thereto. These copyrights are of immaterial value to the Assignors and their Subsidiaries taken as a whole.

Our search of the copyright office records includes only those documents available in the online search engine which only includes records created after January 1, 1978.

 

1. Pulitzer Copyrights:

 

Copyright Claimant

  

Copyright Title

   Publication
Date
   Registration No.

Farmington Press (whose sole owner is Pulitzer Missouri Newspapers, Inc.)

   Effective evaluation : models for accountability    08/11/1981    TX0000746557

Flagstaff Publishing Co.

   Allegro grazioso    05/31/1991    PAu001522940
   Amazing grace : arr. for handbells    05/31/1991    PAu001522936
   Balet Anglois : Allegretto    05/31/1991    PAu001522939
   Bendemeer’s stream : folk song    05/31/1991    PAu001522935
   A Christmas trilogy    05/31/1991    PA0000563485
   Au Couvent = Cathedral prelude    05/31/1991    PAu001522948
   Danse russe : Scherzo    05/31/1991    PAu001522941
   English folk song    05/31/1991    PAu001522938
   Evening song    05/31/1991    PAu001522945
   Fantasia on Christmas carols    05/31/1991    PA0000563499
   Gavotte in B-flat : Allegro    05/31/1991    PAu001522949
   Hark, the herald angels sing    05/31/1991    PA0000563498
   Hocket    05/31/1991    PAu001522946
   Kaleidoscope : Prelude for Pentecost    05/31/1991    PAu001522937
   Kamennoi-Ostrow = Reve Angelique    05/31/1991    PAu001522947
   Lied italienischer Marinari = Italian sailor’s song    05/31/1991    PAu001522943


SUPPLEMENT TO ANNEX J

 

Musette 05/31/1991 PAu001522944
The Music box 05/31/1991 PA0000563486
Pange Lingua : Sarum plainsong (mode III) 05/31/1991 PAu001522934
Suite for handbells 05/31/1991 PAu001522950
Tamborin 05/31/1991 PAu001522942

Lompoc Record

(whose sole owner is Santa Maria Times, Inc.)

Inmate wagers his life on a new identity; USP warden
fears con is manipulating US prison system

01/23/1985 TX0001570683

Pantagraph Publishing Co.

See list of serials attached hereto as Exhibit J-3

St. Louis Post-Dispatch LLC

See list of serials attached hereto as Exhibit J-4

Saint Louis post-dispatch

Type of work: Serial

Issues registered: October 07 (31 issues)

05/02/2008 TX0006646973

Saint Louis post-dispatch

Type of work: Serial

Issues registered: April 2008 (30 issues)

09/03/2008 TX0006665115

Saint Louis post-dispatch

Type of work: Serial

Issues registered: May 2008 (31 issues)

09/03/2008 TX0006665116

Saint Louis post-dispatch

Type of work: Serial

Issues registered: October 08 (31 issues)

05/03/2008 TX0006646973

Saint Louis post-dispatch

Type of work: Serial

Issues registered: March 09 (31 issues)

02/23/2010 TX0006702286

Saint Louis post-dispatch

Type of work: Serial

Issues registered: April 09 (30 issues)

02/23/2010 TX0006702287

Saint Louis post-dispatch

Type of work: Serial

Issues registered: July 09 (31 issues)

03/08/2010 TX0006702264

Saint Louis post-dispatch

Type of work: Serial

Issues registered: August 09 (31 issues)

03/08/2010 TX0006702268

Saint Louis post-dispatch

Type of work: Serial

Issues registered: September 09 (30 issues)

05/05/2010 TX0006704263

Saint Louis post-dispatch

Type of work: Serial

Issues registered: October 09 (31 issues)

05/05/2010 TX0006704262

Saint Louis post-dispatch

Type of work: Serial

Issues registered: November 09 (30 issues)

03/19/2010 TX0006702449


SUPPLEMENT TO ANNEX J

 

Saint Louis post-dispatch

Type of work: Serial

Issues registered: March 10 (31 issues)

05/24/2010 TX0006704110

Saint Louis post-dispatch

Type of work: Serial

Issues registered: November 10 (30 issues)

03/14/2011 TX0006772293

Saint Louis post-dispatch

Type of work: Serial

Issues: November 2007 (30 issues)

pending pending

Saint Louis post-dispatch

Type of work: Serial

Issues registered: March 2011

(31 issues)

08/02/2011 TX0006783632

Saint Louis post-dispatch

Type of work: Serial

Issues registered: April 2011

(30 issues)

08/02/2011 TX0006783633

Saint Louis post-dispatch

Type of work: Serial

Issues: December 2007 (31 issues)

pending pending

Saint Louis post-dispatch

Type of work: Serial

Issues: January 08 (31 issues)

pending pending
Saint Louis post-dispatch Jan12 (31 issues) 05/05/2012 TX0006789925
Saint Louis post-dispatch Feb12 (29 issues) 05/04/2012 TX0006789539
Saint Louis post-dispatch Mar12 (31 issues) 05/04/2012 TX0006789538
Saint Louis post-dispatch May11 (31 issues) 09/26/2011 TX0006788100
Saint Louis post-dispatch Jun11 (30 issues) 09/26/2011 TX0006788104
Saint Louis post-dispatch Jul11 (31 issues) 02/14/2012 TX0006789345
Saint Louis post-dispatch Aug11 (31 issues) 02/14/2012 TX0006790366
Saint Louis post-dispatch Sep11 (30 issues) 02/13/2012 TX0006787889
Saint Louis post-dispatch Oct11 (31 issues) 05/04/2012 TX0006601103
Saint Louis post-dispatch Nov11 (30 issues) 05/04/2012 TX0006601102
Saint Louis post-dispatch Dec11 (31 issues) 05/04/2012 TX0006789924


SUPPLEMENT TO ANNEX J

 

Saint Louis post-dispatch Aug10 (31 issues) 02/01/2011 TX0006772179
Saint Louis post-dispatch Sep10 (30 issues) 02/01/2011 TX0006772180
Saint Louis post-dispatch Oct10 (31 issues) 02/01/2011 TX0006772177
Tear gas shot at protesters 9/4/2014 VA0001931472
Rick Stream Election Party Watch 10/8/2014 VA0001950452
Ferguson in pictures 11/6/2014 VA0001929823
Ferguson in pictures 11/6/2014 VA0001929821
Ferguson in pictures 11/6/2014 VA0001930119
Ferguson in pictures 11/6/2014 VA0001930134
Ferguson in pictures 11/6/2014 VA0001930148
Ferguson in pictures 11/6/2014 VA0001930126
Ferguson in pictures 11/6/2014 VA0001930000
Ferguson in pictures 11/7/2014 VA0001930267
Ferguson in pictures 11/7/2014 VA0001930169
Ferguson in pictures 11/7/2014 VA0001930821
Ferguson shows a chance of peace 11/14/2014 VA0001931263
Guard members hear rumors they are leaving 11/14/2014 VA0001931261

Times Mirror Magazines, Inc. Sporting News Publishing Company, Pulitzer Company. St. Louis Post-Dispatch

Celebrating 70 : Mark McGwire’s historic season 11/20/1998 TX0004894995

Saint Louis Post-Dispatch (whose sole owner is The Pulitzer Publishing Company)

Candidates : a simulation game designed for use with the
St. Louis Post-Dispatch

10/27/1978 TX0000136299

Newspaper geography : learning map skills with the St. Louis
post-dispatch, an independent newspaper, St. Louis globe-democrat, an independent newspaper

03/05/1981 TX0000658448


SUPPLEMENT TO ANNEX J

 

Practical life skill activity cards : “newspaper activities
corresponding to the objectives of the Missouri basic essential skills test”

10/30/1978 TX0000139435
Brezhnev reported to have leukemia 02/21/1978 TX0000014182

Pulitzer Publishing Company (employer for hire)

“See-through” wall is invented for Jewish services 10/15/1998 TX0004751091

Saint Louis Post-Dispatch (employer for hire)

High and mighty : the flood of ‘93 01/24/1994 TX0003720674

Saint Louis Post-Dispatch/Globe Democrat

Newspapers and law-related education 10/13/1981 TX0000781663
Newspapers and law-related education : grades 5-9 10/13/1981 TX0000781662

Saint Louis Post-Dispatch

Saint Louis post-dispatch — the best recipes cookbook 11/14/1983 TX0001257986

Pulitzer Inc.

See list of serials attached hereto as Exhibit J-5

SEE EXHIBITS J-3, J-4 AND J-5 ATTACHED HERETO.

 

For copies of the contents of Exhibits J-3, J-4 and J-5, please contact the Registrant.


SUPPLEMENT TO ANNEX N

SCHEDULE OF STOCK

 

4. Pulitzer Inc.

 

Name of Issuing Corporation

   Type of
Shares
   Number of
Shares
     Certificate
No.
     Percentage
Owned
    Sub-clause of
Section 1.1(b)
of Security
Agreement
 

Pulitzer Technologies, Inc.

   Common      500         1         100     (i

Pulitzer Newspapers, Inc.

   Common      9.3         1         100     (i

Star Publishing Company

   Common      50,120         10         100     (i

 

5. Pulitzer Newspapers, Inc.

 

Name of Issuing Corporation

   Type of
Shares
   Number of
Shares
     Certificate
No.
     Percentage
Owned
    Sub-clause of
Section 1.1(b)
of Security
Agreement
 

Flagstaff Publishing Co.

   Common      1,875         19         100     (i

Hanford Sentinel Inc.

   Common      4,200         23         100     (i

Santa Maria Times, Inc.

   Common      4,950         13         100     (i

Ynez Corporation

   Common      90         1         100     (i

Napa Valley Publishing Co.

   Common      8,000         29         100     (i

Pantagraph Publishing Co.

   Common      100         4         100     (i


SUPPLEMENT TO ANNEX N

 

Name of Issuing Corporation

   Type of
Shares
   Number of
Shares
     Certificate
No.
     Percentage
Owned
    Sub-clause of
Section 1.1(b)
of Security
Agreement
 

Southwestern Oregon Publishing Co.

   Common      11,960         14         100     (i

Pulitzer Missouri Newspapers, Inc.

   Common      48,504         4         100     (i


SUPPLEMENT TO ANNEX O

SCHEDULE OF NOTES

NONE


SUPPLEMENT TO ANNEX P

SCHEDULE OF LIMITED LIABILITY COMPANY INTERESTS

 

1. Pulitzer, Inc.

 

Name of Issuing Limited Liability Company

   Type of
Interest
     Percentage Owned     Sub-clause of
Section 1.1(b)
of Security
Agreement
 

St. Louis Post-Dispatch LLC

     LLC         98.95     (iv

STL Distribution Services LLC

     LLC         98.95     (iv

Suburban Journals of Greater St. Louis LLC

     LLC         100     (iv

Pulitzer Network Systems LLC

     LLC         100     (iv

Amplified Digital, LLC

     LLC         100     (iv

Media Brands, L.L.C.

     LLC         < 50     (iv

 

2. St. Louis Post-Dispatch LLC

 

Name of Issuing Limited Liability Company

   Type of
Interest
     Percentage Owned     Sub-clause of
Section 1.1(b)
of Security
Agreement
 

Fairgrove LLC

     LLC         100     (iv


SUPPLEMENT TO ANNEX Q

SCHEDULE OF PARTNERSHIP INTERESTS

 

1. Star Publishing Company

 

Name of Issuing Partnership

   Type of
Interest
   Percentage Owned     Sub-clause of
Section 1.1(b)
of Security
Agreement
 

TNI Partners

   General Partnership      50     (iv
Form 8-K

Exhibit 10.2

THIS JOINDER AGREEMENT, dated as of the 25th day of June, 2015, made by each undersigned Subsidiary (each an “Additional Assignor”, and together the “Additional Assignors”) in favor of JPMorgan Chase Bank, N.A., as collateral agent (in such capacity the “Collateral Agent”) for the benefit of the Secured Creditors referred to in the Guarantee and Collateral Agreement referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in the Guarantee and Collateral Agreement.

W I T N E S S E T H :

WHEREAS, Lee Enterprises, Incorporated (the “Borrower”) entered into a First Lien Credit Agreement, dated as of March 31, 2014 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the lenders from time to time party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as collateral agent;

WHEREAS, in connection with the Credit Agreement, the Borrower and certain of its Subsidiaries have entered into the First Lien Guarantee and Collateral Agreement, dated as of March 31, 2014 (as amended, supplemented or otherwise modified from time to time, the “Guarantee and Collateral Agreement”) in favor of the Collateral Agent for the ratable benefit of the Secured Creditors;

WHEREAS, pursuant to the Credit Agreement, upon the occurrence of the Pulitzer Debt Satisfaction Date, each Additional Assignor is required to become a party to the Guarantee and Collateral Agreement; and

WHEREAS, on the date hereof substantially contemporaneously with the execution hereof, the Pulitzer Debt Satisfaction Date shall have occurred and each Additional Assignor has agreed to execute and deliver this Joinder Agreement in order to become a party to the Guarantee and Collateral Agreement;

NOW, THEREFORE, IT IS AGREED:

1. Guarantee and Collateral Agreement. By executing and delivering this Joinder Agreement, each Additional Assignor, as provided in Section 12.12 of the Guarantee and Collateral Agreement, hereby becomes a party to the Guarantee and Collateral Agreement as a Guarantor and an Assignor thereunder with the same force and effect as if originally named therein as a Guarantor and an Assignor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor and an Assignor thereunder. The information set forth in the Annexes hereto is hereby added to the information set forth in the Annexes to the Guarantee and Collateral Agreement. Each Additional Assignor hereby represents and warrants that each of the representations and warranties contained in Article 3 of the Guarantee and Collateral Agreement is true and correct on and as the date hereof (after giving effect to this Joinder Agreement) as if made on and as of such date.

2. Governing Law. THIS JOINDER AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

[Remainder of page intentionally left blank – Signature pages follow]


IN WITNESS WHEREOF, the undersigned have caused this Joinder Agreement to be duly executed and delivered as of the date first above written.

 

PULITZER INC., as an Assignor
By: /s/ C. D. Waterman III
Name: C. D. Waterman III
Title: Secretary
FLAGSTAFF PUBLISHING CO.
HANFORD SENTINEL INC.
NAPA VALLEY PUBLISHING CO.
PANTAGRAPH PUBLISHING CO.
PULITZER MISSOURI NEWSPAPERS, INC.
PULITZER NEWSPAPERS, INC.
PULITZER TECHNOLOGIES, INC.
SANTA MARIA TIMES, INC.
SOUTHWESTERN OREGON PUBLISHING CO.
STAR PUBLISHING COMPANY

YNEZ CORPORATION,

each as an Assignor

By: /s/ C. D. Waterman III
Name: C. D. Waterman III
Title: Secretary
FAIRGROVE LLC, as an Assignor
By: ST. LOUIS POST-DISPATCH LLC,
Managing Member
By: PULITZER INC., Managing Member
By: /s/ C. D. Waterman III
Name: C. D. Waterman III
Title: Secretary

[Signature Page to Joinder Agreement (First Lien Guarantee and Collateral Agreement)]


AMPLIFIED DIGITAL, LLC
ST. LOUIS POST-DISPATCH LLC
STL DISTRIBUTION SERVICES LLC
SUBURBAN JOURNALS OF GREATER ST.     LOUIS LLC

PULITZER NETWORK SYSTEMS LLC,

each as an Assignor

By: PULITZER INC., Managing Member
By: /s/ C. D. Waterman III
Name: C. D. Waterman III
Title: Secretary

[Signature Page to Joinder Agreement (First Lien Guarantee and Collateral Agreement)]


SUPPLEMENT TO ANNEX A

SCHEDULE OF CHIEF EXECUTIVE OFFICES

See attached.

 

Name of Assignor

  

Address(es) of Chief Executive Office

Pulitzer Inc.   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Pulitzer Technologies, Inc.   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

St. Louis Post-Dispatch LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Fairgrove LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

STL Distribution Services LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Suburban Journals of Greater St. Louis LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Pulitzer Network Systems LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Pulitzer Newspapers, Inc.   

404 W. 3700 N.

Provo, UT 84604

Flagstaff Publishing Co.    1751 South Thompson Street Flagstaff, AZ 86001
Hanford Sentinel, Inc.   

300 E. 6th St.

Hanford, CA 93232

Amplified Digital LLC   

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Napa Valley Publishing Co.   

1615 2nd Street

Napa, CA 94559

Pantagraph Publishing Co.    301 W. Washington St. Bloomington, IL 61702


SUPPLEMENT TO ANNEX A

 

Pulitzer Missouri Newspapers, Inc.

900 N. Tucker Blvd.

St. Louis, MO 63101-1099

Santa Maria Times, Inc.

3200 Skyway Dr.

Santa Maria, CA 93455

Southwestern Oregon Publishing Co.

350 Commercial Ave.

Coos Bay, OR 97420

Ynez Corporation

115 North H Street.

Lompoc, CA 93438

Star Publishing Company

201 N. Harrison St. Ste. 600

Davenport, IA 52801


SUPPLEMENT TO ANNEX B

[Reserved]


SUPPLEMENT TO ANNEX C

SCHEDULE OF LEGAL NAMES, TYPE OF ORGANIZATION (AND WHETHER A REGISTERED ORGANIZATION AND/OR A TRANSMITTING UTILITY), JURISDICTION OF ORGANIZATION, LOCATION, ORGANIZATIONAL IDENTIFICATION NUMBERS AND FEDERAL EMPLOYER IDENTIFICATION NUMBERS

See attached.

 

Exact Legal Name

of Each

Assignor

 

Type of
Organization (or, if
the Assignor is an
Individual, so
indicate)

 

Registered
Organization

(Yes/No)

 

Jurisdiction of
Organization

 

Assignor’s Location (for
purposes of NY

UCC § 9-307)

  Assignor’s
Organization
Identification
Number (or, if
it has none,
so indicate)
  Assignor’s Federal
Employer
Identification Number
(or, if it has none,
so indicate)
 

Transmitting
Utility?
(Yes/No)

Pulitzer Inc.   Corporation   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   2900072   43-1819711   No
Amplified Digital LLC   Limited Liability Company   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   5301440   46-2245913   No
Pulitzer Technologies, Inc.   Corporation   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   3219438   43-1108892   No
St. Louis Post-Dispatch LLC   Limited Liability Company   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   3211374   43-1885357   No
Fairgrove LLC   Limited Liability Company   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   3324157   n/a   No
STL Distribution Services LLC   Limited Liability Company   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   3371779   43-1920922   No
Suburban Journals of Greater St. Louis LLC   Limited Liability Company   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   3245491   43-1896217   No
Pulitzer Network Systems LLC   Limited Liability Company   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   3149424   43-1885359   No
Pulitzer Newspapers, Inc.   Corporation   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   0317323   91-0401560   No


SUPPLEMENT TO ANNEX C

 

Flagstaff Publishing Co.   Corporation   Yes   Washington   1751 South Thompson Street, Flagstaff, AZ 86001   601114945   86-0134796   No
Hanford Sentinel, Inc.   Corporation   Yes   Washington   300 E. 6th St., Hanford, CA 93232   601117400   94-1410775   No
Napa Valley Publishing Co.   Corporation   Yes   Washington   1615 2nd Street, Napa, CA 94559   601114867   94-1427802   No
Pantagraph Publishing Co.   Corporation   Yes   Delaware   301 W. Washington St., Bloomington, IL 61702   2062509   36-3367058   No
Pulitzer Missouri Newspapers, Inc.   Corporation   Yes   Delaware   900 N. Tucker Blvd., St. Louis, MO 63101-1099   2618272   61-1301960   No
Santa Maria Times, Inc.   Corporation   Yes   Nevada   3200 Skyway Dr., Santa Maria, CA 93455   C2869-1973   91-0903801   No
Southwestern Oregon Publishing Co.   Corporation   Yes   Oregon   350 Commercial Ave., Coos Bay, OR 97420   101998-18   91-0900741   No
Ynez Corporation   Corporation   Yes   California   115 North H Street. Lompoc, CA 93438   C0710848   95-2875443   No
Star Publishing Company   Corporation   Yes   Arizona   4850 S. Park Ave., Tucson, AZ 85714   0066033-8   86-0200690   No


SUPPLEMENT TO ANNEX D

[Reserved]


SUPPLEMENT TO ANNEX E

DESCRIPTION OF CERTAIN SIGNIFICANT TRANSACTIONS OCCURRING WITHIN ONE YEAR

PRIOR TO THE DATE OF THE GUARANTEE AND COLLATERAL AGREEMENT

 

Name of Assignor

  

Description of any Transactions as required by

Section 3.8 of the Guarantee and Collateral

Agreement

Pulitzer Inc.    N/A
Amplified Digital LLC    N/A
Pulitzer Technologies, Inc.    N/A
St. Louis Post-Dispatch LLC    N/A
Fairgrove LLC    N/A
STL Distribution Services LLC    N/A
Suburban Journals of Greater St. Louis LLC    N/A
Pulitzer Network Systems LLC    N/A
Pulitzer Newspapers, Inc.    N/A
Flagstaff Publishing Co.    N/A
Hanford Sentinel, Inc.    N/A
Napa Valley Publishing Co.    N/A
Pantagraph Publishing Co.    N/A
Pulitzer Missouri Newspapers, Inc.    N/A
Santa Maria Times, Inc.    N/A
Southwestern Oregon Publishing Co.    N/A
Ynez Corporation    N/A
Star Publishing Company    N/A


SUPPLEMENT TO ANNEX F

SCHEDULE OF DEPOSIT ACCOUNTS

 

Name of Assignor

  

Description

of Deposit Account

  

Account Number

  

Name of Bank, Address

and Contact Information

  

Jurisdiction of Bank
(determined in
accordance with
UCC § 9-304)

  

Excluded
Accounts
marked
with **

Pulitzer Inc.    Pulitzer Inc.    1539 1037 9749   

US Bank

201 W. 2nd Street

Davenport, IA 52801

   New York   
Pulitzer Inc.    Pulitzer Sweep    253800001252   

US Bank

201 W. 2nd Street

Davenport, IA 52801

   New York   
Flagstaff Publishing Co.   

Arizona Daily Sun

Flagstaff

   8010486010   

Alliance Bank of Arizona

214 East Birch

Flagstaff, AZ 86001

Attn: Steve Keith

   New York   
Flagstaff Publishing Co.    Arizona Daily Sun    153910045522   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   
Pulitzer Missouri Newspapers, Inc.    Daily Journal—Park Hills    153910045563   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   
Pantagraph Publishing Co.    The Pantagraph    153910379806   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   
Pulitzer Missouri Newspapers, Inc.    Daily Journal—Park Hills    153910045688   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   


SUPPLEMENT TO ANNEX F

 

Name of Assignor

  

Description

of Deposit Account

  

Account Number

  

Name of Bank, Address

and Contact Information

  

Jurisdiction of Bank
(determined in
accordance with
UCC § 9-304)

  

Excluded
Accounts
marked
with **

Pulitzer Missouri Newspapers, Inc.    Daily Journal—Park Hills    153910249744   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   
Pantagraph Publishing Co.    Pantagraph Publishing Co.    153910255444   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York   
Hanford Sentinel, Inc.    Hanford    4470332897   

Union Bank

225 W. 7th St.

Hanford, CA 93230

559-582-1086

Attn: Lorena Gonzalez

lorena.gonzalez@unionbank.com

   New York    **
STL Distribution Services LLC    STL Distribution Services LLC    153910045548   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Hanford Sentinel, Inc.    The Sentinel -Hanford    153910045589   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Pulitzer Newspapers, Inc.    The Daily Herald—Provo    153910045597   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Santa Maria Times, Inc.    Santa Maria Times    153910045621   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **


SUPPLEMENT TO ANNEX F

 

Name of Assignor

  

Description

of Deposit Account

  

Account Number

  

Name of Bank, Address

and Contact Information

  

Jurisdiction of Bank
(determined in
accordance with
UCC § 9-304)

  

Excluded
Accounts
marked
with **

Southwestern Oregon Publishing Co.    The World #2312—Coos Bay    153910045639   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Napa Valley Publishing Co.    Napa Valley Publishing    153910045647   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Pulitzer Newspapers, Inc.    Daily Herald PBS    153910045696   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Pulitzer Newspapers, Inc.    Daily Herald Classified    153910045704   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Pulitzer Newspapers, Inc.    Daily Herald Circ    153910045712   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
St. Louis Post-Dispatch LLC    St Louis Post Dispatch    153910045746   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Southwestern Oregon Publishing Co.    The World    153910249728   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **


SUPPLEMENT TO ANNEX F

 

Name of Assignor

  

Description

of Deposit Account

  

Account Number

  

Name of Bank, Address

and Contact Information

  

Jurisdiction of Bank
(determined in
accordance with
UCC § 9-304)

  

Excluded
Accounts
marked
with **

St. Louis Post-Dispatch LLC    St Louis Post Dispatch Marketing    153910379673   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
St. Louis Post-Dispatch LLC    St Louis Post Dispatch PD Online    153910379681   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Flagstaff Publishing Co.    Arizona Daily Sun    153910379699   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Hanford Sentinel, Inc.    The Sentinel -Hanford    153910379756   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
St. Louis Post-Dispatch LLC    St Louis Post Dispatch    15391037 9723   

US Bank Interstate

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Pulitzer Inc.    Pulitzer Circulation    153910379780   

US Bank

201 W. 2nd Street

Davenport, IA 52801

   New York    **
Pulitzer Inc.    Pulitzer Inc.    182380187852   

US Bank

201 W. 2nd Street

Davenport, IA 52801

   New York    **


SUPPLEMENT TO ANNEX G

DESCRIPTION OF COMMERCIAL TORT CLAIMS

NONE OVER $100,000


SUPPLEMENT TO ANNEX H

SCHEDULE OF MARKS AND APPLICATIONS; INTERNET DOMAIN NAME REGISTRATIONS; MASTHEADS;

MOBILE/TABLE APPLICATIONS; TRADE NAMES; AND SOFTWARE

 

1. Marks and Applications:

 

  a. Pulitzer Federal Marks (registered with the USPTO)

 

Owner

  

Mark

   Reg. Date    Registration No.

Pulitzer Inc.

   100 Neediest Cases    5/24/1983    1239334
   Everyday    10/30/2001    2501621
   Feast    10/16/2007    3314639
   Feast    4/3/2012    4122623
   Feast Magazine    4/26/2011    3952650
   Get Out    5/28/1996    1976900
   St. Louis Post-Dispatch    9/17/1991    1657386
   Feast TV    5/19/2015    4738392

Pulitzer

Newspapers, Inc.

   American Canyon Eagle    7/18/2006    3118141
   Arizona Daily Sun    12/10/2002    2659561
   Flagstaff Live!    10/22/2002    2639764
   Inside Napa Valley    10/22/2002    2639765
   Selma Enterprise    2/4/2003    2683717
   The Kingsburg Recorder    10/22/2002    2639773
   The Napa Valley Register    2/4/2003    2683714
   The Pantagraph    11/25/2003    2786223
St. Louis Post-Dispatch LLC    STL Today    4/15/2003    2706149

 


SUPPLEMENT TO ANNEX H

 

c. Pulitzer State Marks

 

Owner

  

Mark

  

Registration/

Filing/Issued Date

  

Jurisdiction

  

Registration No.

Flagstaff Publishing Co.    Best of Flagstaff    9/21/1995    Arizona    36272
   99 Things To Do In Northern Arizona    2/26/1999    Arizona    42283
Pantagraph Publishing Co.    Pantagraph    12/27/2006    Illinois    096948


SUPPLEMENT TO ANNEX H

 

2. Internet Domain Name Registrations:

Assignors may use domain names and/or be the registrant of record for domain names that are beneficially owned by third parties that are not subject to or a part of this Agreement and therefore those domain names are not listed in this Annex H.

Assignors may own immaterial domain names that are not used and thus not included in this Annex. Assignors may also have included immaterial domain names in this Annex that are not in use. Domain names are set forth in this Annex under the subsidiaries who are their beneficial owners; however, such domain names may be formally registered to parties including: Lee Publications, Inc., Lee Procurement Solutions Co., Lee Enterprises, Lee Enterprises, Incorporated, INN Partners L.C., or Lee Consolidated Holdings Co.

 

  a. Pulitzer Domain Names

 

DOMAIN NAME

  

BENEFICIAL OWNER

amp-li-fid-digital.com    Amplified Digital
amp-li-fid-digital.net    Amplified Digital
amp-li-fiddigital.com    Amplified Digital
amp-li-fiddigital.net    Amplified Digital
ampdigitalstl.com    Amplified Digital
ampdigitalstl.net    Amplified Digital
amplifiddigital.com    Amplified Digital
amplifiddigital.net    Amplified Digital
amplifiddigitalstl.net    Amplified Digital
amplifiedautos.com    Amplified Digital
amplifieddigitalagency.com    Amplified Digital
amplifieddigitalstl.net    Amplified Digital
digitalmarketingsolutionsgroup.com    Amplified Digital
dmsgroup.com    Amplified Digital
dmsgroupstl.com    Amplified Digital
dmsgroupstl.info    Amplified Digital
dmsgroupstl.net    Amplified Digital
trackmycall.com    Amplified Digital
trackmycall.net    Amplified Digital
theadobepress.com    Adobe Press
arizonadailysun.com    Arizona Daily Sun
arizonadailysun.net    Arizona Daily Sun
azdailysun.com    Arizona Daily Sun
azdailysun.net    Arizona Daily Sun
azdailysun.xxx    Arizona Daily Sun
azdailysun-inserts.com    Arizona Daily Sun
directimpress.com    Arizona Daily Sun


SUPPLEMENT TO ANNEX H

 

directmailarizona.com Arizona Daily Sun
directmailflagstaff.com Arizona Daily Sun
directreps.com Arizona Daily Sun
emediatools.com Arizona Daily Sun
flaglive.com Arizona Daily Sun
flagstaffautofinder.com Arizona Daily Sun
flagstaffhomefinder.com Arizona Daily Sun
flagstafflive.com Arizona Daily Sun
flagstafflives.com Arizona Daily Sun
flagstaffsnowday.com Arizona Daily Sun
flagstaffwinterfest.com Arizona Daily Sun
gcscout.com Arizona Daily Sun
grandcanyonscout.com Arizona Daily Sun
m.azdailysun.com Arizona Daily Sun
mailstakes.com Arizona Daily Sun
mailstakes.net Arizona Daily Sun
mountainlivingmagazine.com Arizona Daily Sun
namlm.com Arizona Daily Sun
sellitaz.com Arizona Daily Sun
sellitflag.com Arizona Daily Sun
sellitflagstaff.com Arizona Daily Sun
thursdaysonthesquare.com Arizona Daily Sun
yourgrandcanyonguide.com Arizona Daily Sun
dailysundigitalsolutions.com Arizona Daily Sun
dailysunmediasolutions.com Arizona Daily Sun
finditflagstaff.com Arizona Daily Sun
bandonwesternworld.com Bandon Western World
westernworldnewspaper.com Bandon Western World
farmercityjournal.com Bloomington Pantagraph
gibsoncitycourier.com Bloomington Pantagraph
leroyjournal.com Bloomington Pantagraph
m.pantagraph.com Bloomington Pantagraph
mypantagraph.com Bloomington Pantagraph
pantagraph.com Bloomington Pantagraph
pantagraph.xxx Bloomington Pantagraph
pantagraphautos.com Bloomington Pantagraph
pantagraphclassifieds.com Bloomington Pantagraph
pantagraphhomemarket.com Bloomington Pantagraph
woodcojo.com Bloomington Pantagraph
woodfordcountyjournal.com Bloomington Pantagraph
b2b309.biz Bloomington Pantagraph


SUPPLEMENT TO ANNEX H

 

bloomington.wheelsforyou.com Bloomington Pantagraph
business309 Bloomington Pantagraph
cgi.pantagraph.com Bloomington Pantagraph
circulars.pantagraph.com Bloomington Pantagraph
edition.pantagraph.com Bloomington Pantagraph
homes.pantagraph.com Bloomington Pantagraph
illpolitics.com Bloomington Pantagraph
jobs.pantagraph.com Bloomington Pantagraph
live617.com Bloomington Pantagraph
local.pantagrah.com Bloomington Pantagraph
mobile.pantagraph.com Bloomington Pantagraph
my.pantagraph.com Bloomington Pantagraph
pa-ee.pantagraph.com Bloomington Pantagraph
politicsillinois.com Bloomington Pantagraph
stats.pantagraph.com Bloomington Pantagraph
tcstyle.com Bloomington Pantagraph
theuguide.com Bloomington Pantagraph
www2.pantagraph.com Bloomington Pantagraph
dailyjournalmo.com Daily Journal
dailyjournalonline.com Daily Journal
dailyjournalonline.xxx Daily Journal
democratnewsonline.com Daily Journal
farmingtonpressonline.com Daily Journal
m.dailyjournalonline.com Daily Journal
mydjconnection.com Daily Journal
centralvalleyview.com Hanford Sentinel
cumberlink.xxx Hanford Sentinel
hanfordsentinel.com Hanford Sentinel
hanfordsentinel.xxx Hanford Sentinel
hanfordvoice.com Hanford Sentinel
homestricounty.net Hanford Sentinel
kcvalleyview.com Hanford Sentinel
kingscountyvoice.com Hanford Sentinel
lemoorenavynews.com Hanford Sentinel
lemoorevoice.com Hanford Sentinel
m.hanfordsentinel.com Hanford Sentinel
newzcentral.com Hanford Sentinel
shippsentinel.com Hanford Sentinel
sentinel.wheelsforyou.com Hanford Sentinel
kingscountybusinesssentinel.biz Kings County Business Sentinel
kingscountybusinesssentinel.com Kings County Business Sentinel


SUPPLEMENT TO ANNEX H

 

kingscountybusinesssentinel.net Kings County Business Sentinel
kingsburgrecorder.com Kingsburg Recorder
laduenews.com Ladue News
centralcoastwheels.com Lompoc Record
centralcoastwheelsforyou.com Lompoc Record
lompocrecord.com Lompoc Record
lompocrecord.xxx Lompoc Record
m.lompocrecord.com Lompoc Record
amcaneagle.com Napa Valley Register
americancanyoneagle.com Napa Valley Register
distinctiveproperties.com Napa Valley Register
enapavalley.com Napa Valley Register
insidenapavalley.com Napa Valley Register
m.napavalleyregister.com Napa Valley Register
napabusinesstimes.com Napa Valley Register
napanews.com Napa Valley Register
naparegister.com Napa Valley Register
napavalleybusinesstimes.com Napa Valley Register
napavalleyregister.com Napa Valley Register
napavalleyregister.xxx Napa Valley Register
napavalleywheels.com Napa Valley Register
nvbusinesstimes.com Napa Valley Register
nvregister.com Napa Valley Register
searchnapa.com Napa Valley Register
sthelenastar.com Napa Valley Register
tiempolatino.net Napa Valley Register
weeklycalistogan.com Napa Valley Register
adsandbargains.com Provo Daily Herald
asavvylife.com Provo Daily Herald
beatthezuke.com Provo Daily Herald
cougarblue.com Provo Daily Herald
daily-herald.com Provo Daily Herald
dealsgonemobile.com Provo Daily Herald
harktheherald.com Provo Daily Herald
heraldextra.com Provo Daily Herald
heraldextra.com Provo Daily Herald
heraldextra.xxx Provo Daily Herald
m.savvyshopperdeals.com Provo Daily Herald
myheraldextra.com Provo Daily Herald
myutah.info Provo Daily Herald
preprallyutah.com Provo Daily Herald


SUPPLEMENT TO ANNEX H

 

provodailyherald.com Provo Daily Herald
savvyshopperdeals.com Provo Daily Herald
utahadventurer.com Provo Daily Herald
utahmomclick.com Provo Daily Herald
uvbid.com Provo Daily Herald
uvhomechoice.com Provo Daily Herald
wearesanpete.com Provo Daily Herald
heraldextra.net Provo Daily Herald
paysonldstemple.com Provo Daily Herald
provocitycentertemple.com Provo Daily Herald
provocitycentertemple.org Provo Daily Herald
provodh.com Provo Daily Herald
utahbestbridal.com Provo Daily Herald
utahadventure.com Provo Daily Herald
Pulitzer.net Pulitzer, Inc.
bridescentralcoast.com Santa Maria Times
centralcoastsavvyshopper.com Santa Maria Times
fromthevine.info Santa Maria Times
fromthevine.net Santa Maria Times
insidesmvalley.com Santa Maria Times
m.santamariatimes.com Santa Maria Times
periodicoeltiempo.com Santa Maria Times
santamariatimes.com Santa Maria Times
santamariatimes.xxx Santa Maria Times
spacecountrytimes.com Santa Maria Times
thetimespressrecorder.com Santa Maria Times
welcomecentralcoast.com Santa Maria Times
m.syvnews.com Santa Ynez Valley News
syvnews.com Santa Ynez Valley News
selmaenterprise.com Selma Enterprise
4posttraffic.com St. Louis Post-Dispatch
900walnut.net St. Louis Post-Dispatch
amplifiddigitalstl.com St. Louis Post-Dispatch
amplifieddigitalstl.com St. Louis Post-Dispatch
applypd.com St. Louis Post-Dispatch
feastmag.org St. Louis Post-Dispatch
feast-magazine.com St. Louis Post-Dispatch
feast-magazine.net St. Louis Post-Dispatch
feast-magazine.org St. Louis Post-Dispatch
feaststl.com St. Louis Post-Dispatch
feaststl.net St. Louis Post-Dispatch


SUPPLEMENT TO ANNEX H

 

feaststl.org St. Louis Post-Dispatch
feastil.com St. Louis Post-Dispatch
feastkc.com St. Louis Post-Dispatch
feastmag.net St. Louis Post-Dispatch
feastmagazine.com St. Louis Post-Dispatch
feastmidwest.com St. Louis Post-Dispatch
feastmo.com St. Louis Post-Dispatch
localvaluesdirect.com St. Louis Post-Dispatch
m.feaststl.com St. Louis Post-Dispatch
m.stltoday.com St. Louis Post-Dispatch
mohealthreport.com St. Louis Post-Dispatch
myp-d.com St. Louis Post-Dispatch
mypostdispatch.com St. Louis Post-Dispatch
mypost-dispatch.com St. Louis Post-Dispatch
mystltoday.com St. Louis Post-Dispatch
nowhiringstl.com St. Louis Post-Dispatch
on-timetraffic.com St. Louis Post-Dispatch
p4to.com St. Louis Post-Dispatch
pdmarketmax.com St. Louis Post-Dispatch
pdonline.com St. Louis Post-Dispatch
politicalfix.com St. Louis Post-Dispatch
post4trafficonline.com St. Louis Post-Dispatch
postand4traffic.com St. Louis Post-Dispatch
postdispat.ch St. Louis Post-Dispatch
postdispatch.com St. Louis Post-Dispatch
post-dispatch.com St. Louis Post-Dispatch
post-dispatch.info St. Louis Post-Dispatch
post-dispatchrewards.com St. Louis Post-Dispatch
post-dispatchstore.com St. Louis Post-Dispatch
postfortrafficonline.com St. Louis Post-Dispatch
postfortrafficon-line.com St. Louis Post-Dispatch
postfourtrafficonline.com St. Louis Post-Dispatch
postfourtrafficon-line.com St. Louis Post-Dispatch
prepsportsshow.com St. Louis Post-Dispatch
ridesthemagazine.com St. Louis Post-Dispatch
saintlouisdirect.com St. Louis Post-Dispatch
saintlouistoday.com St. Louis Post-Dispatch
sellitsaintlouis.com St. Louis Post-Dispatch
stl4traffic.com St. Louis Post-Dispatch
stlapply.com St. Louis Post-Dispatch
stlatwork.biz St. Louis Post-Dispatch


SUPPLEMENT TO ANNEX H

 

stlatwork.com St. Louis Post-Dispatch
stlcaring.com St. Louis Post-Dispatch
stlezads.com St. Louis Post-Dispatch
stlezads.net St. Louis Post-Dispatch
stlfeast.com St. Louis Post-Dispatch
stlfeast.net St. Louis Post-Dispatch
stlfeast.org St. Louis Post-Dispatch
stlfeasts.com St. Louis Post-Dispatch
stl-feasts.com St. Louis Post-Dispatch
stlfeasts.net St. Louis Post-Dispatch
stl-feasts.net St. Louis Post-Dispatch
stlfeasts.org St. Louis Post-Dispatch
stl-feasts.org St. Louis Post-Dispatch
stlhealthandfitness.com St. Louis Post-Dispatch
stl-iparty.com St. Louis Post-Dispatch
stlmamarama.com St. Louis Post-Dispatch
stlmarketplace.com St. Louis Post-Dispatch
stlmomsanddads.com St. Louis Post-Dispatch
stlouisatwork.biz St. Louis Post-Dispatch
stlouisatwork.com St. Louis Post-Dispatch
stlouisfeast.com St. Louis Post-Dispatch
stlouisfeast.net St. Louis Post-Dispatch
stlouisfeast.org St. Louis Post-Dispatch
stlouisfeasts.com St. Louis Post-Dispatch
stlouis-feasts.com St. Louis Post-Dispatch
stlouisfeasts.net St. Louis Post-Dispatch
stlouis-feasts.net St. Louis Post-Dispatch
stlouisfeasts.org St. Louis Post-Dispatch
stlouis-feasts.org St. Louis Post-Dispatch
stlouisnews.com St. Louis Post-Dispatch
stlouisnewspaper.com St. Louis Post-Dispatch
stlouispost.com St. Louis Post-Dispatch
stltoday.biz St. Louis Post-Dispatch
stltoday.com St. Louis Post-Dispatch
stltoday.net St. Louis Post-Dispatch
stltoday.org St. Louis Post-Dispatch
stltodaysucks.com St. Louis Post-Dispatch
stltodaysucks.net St. Louis Post-Dispatch
stltodaysucks.org St. Louis Post-Dispatch
stltonight.com St. Louis Post-Dispatch
thefeastin.com St. Louis Post-Dispatch


SUPPLEMENT TO ANNEX H

 

thefeastin.net St. Louis Post-Dispatch
thefeastin.org St. Louis Post-Dispatch
thefeastsite.com St. Louis Post-Dispatch
thefeastsite.net St. Louis Post-Dispatch
thefeastsite.org St. Louis Post-Dispatch
theliststl.com St. Louis Post-Dispatch
thepostdispatchstore.com St. Louis Post-Dispatch
thepost-dispatchstore.com St. Louis Post-Dispatch
workingstlouis.com St. Louis Post-Dispatch
yourjournal.biz St. Louis Post-Dispatch
yourjournal.info St. Louis Post-Dispatch
yournexthomestl.com St. Louis Post-Dispatch
stldistribution.net STL Distribution Services
stldistributionservices.com STL Distribution Services
stldist.com STL Distribution Services
ampforteens.com Suburban Journals of Greater St. Louis
claytonbusinessjournal.com Suburban Journals of Greater St. Louis
claytonbusinessnews.com Suburban Journals of Greater St. Louis
edwardsvillejournal.com Suburban Journals of Greater St. Louis
ejournals.com Suburban Journals of Greater St. Louis
granitecitypress-record.com Suburban Journals of Greater St. Louis
hazelwood-bridgetonjournal.com Suburban Journals of Greater St. Louis
illinoiswinepress.com Suburban Journals of Greater St. Louis
iparty-ladue.com Suburban Journals of Greater St. Louis
iparty-stl.com Suburban Journals of Greater St. Louis
jeffcountyjournal.com Suburban Journals of Greater St. Louis
kirkwoodwebsterjournal.com Suburban Journals of Greater St. Louis
laduenews.com Suburban Journals of Greater St. Louis
laduenews.info Suburban Journals of Greater St. Louis
millstadtenterprise.com Suburban Journals of Greater St. Louis
missouriwinepress.com Suburban Journals of Greater St. Louis
mysuburbanjournal.com Suburban Journals of Greater St. Louis
networkstlouis.com Suburban Journals of Greater St. Louis
newsdemocratejournal.com Suburban Journals of Greater St. Louis
newsdemocratjournal.com Suburban Journals of Greater St. Louis
northeastcountyjournal.com Suburban Journals of Greater St. Louis
northwestcountyjournal.com Suburban Journals of Greater St. Louis
oakville-mehlvillejournal.com Suburban Journals of Greater St. Louis
oldnewsboyday.com Suburban Journals of Greater St. Louis
oldnewsboysday.com Suburban Journals of Greater St. Louis
oldnewsboysday.org Suburban Journals of Greater St. Louis


SUPPLEMENT TO ANNEX H

 

overland-stannjournal.com Suburban Journals of Greater St. Louis
readjo.com Suburban Journals of Greater St. Louis
saintlouisbestbridal.com Suburban Journals of Greater St. Louis
savvyfamily.com Suburban Journals of Greater St. Louis
southwestcityjournal.com Suburban Journals of Greater St. Louis
southwestcountyjournal.com Suburban Journals of Greater St. Louis
statsonline.com Suburban Journals of Greater St. Louis
stcjournal.com Suburban Journals of Greater St. Louis
stclairjournal.com Suburban Journals of Greater St. Louis
stc-news.com Suburban Journals of Greater St. Louis
stcsuburbanjournal.com Suburban Journals of Greater St. Louis
stlathlete.biz Suburban Journals of Greater St. Louis
stlathlete.com Suburban Journals of Greater St. Louis
stlathlete.mobi Suburban Journals of Greater St. Louis
stlathlete.net Suburban Journals of Greater St. Louis
stlathlete.org Suburban Journals of Greater St. Louis
stlbestbridal.com Suburban Journals of Greater St. Louis
stlclubbaseball.com Suburban Journals of Greater St. Louis
stlclubsoccer.com Suburban Journals of Greater St. Louis
stlclubsoccer.net Suburban Journals of Greater St. Louis
stlclubsoccer.org Suburban Journals of Greater St. Louis
stlclubsoftball.com Suburban Journals of Greater St. Louis
stlclubsports.com Suburban Journals of Greater St. Louis
stlclubvolleyball.com Suburban Journals of Greater St. Louis
stlcollegesports.biz Suburban Journals of Greater St. Louis
stlcollegesports.com Suburban Journals of Greater St. Louis
stlcollegesports.info Suburban Journals of Greater St. Louis
stlcollegesports.mobi Suburban Journals of Greater St. Louis
stlcollegesports.net Suburban Journals of Greater St. Louis
stlcollegesports.org Suburban Journals of Greater St. Louis
stlcycsports.com Suburban Journals of Greater St. Louis
stldriverjobs.com Suburban Journals of Greater St. Louis
stlfeastmedia.biz Suburban Journals of Greater St. Louis
stlfeastmedia.com Suburban Journals of Greater St. Louis
stlfeastmedia.info Suburban Journals of Greater St. Louis
stlfeastmedia.mobi Suburban Journals of Greater St. Louis
stlfeastmedia.net Suburban Journals of Greater St. Louis
stlfeastmedia.org Suburban Journals of Greater St. Louis
stlhealthcarejobs.com Suburban Journals of Greater St. Louis
stlhighschoolsports.biz Suburban Journals of Greater St. Louis
stlhighschoolsports.com Suburban Journals of Greater St. Louis


SUPPLEMENT TO ANNEX H

 

stlhighschoolsports.info Suburban Journals of Greater St. Louis
stlhighschoolsports.mobi Suburban Journals of Greater St. Louis
stlhighschoolsports.net Suburban Journals of Greater St. Louis
stlhighschoolsports.org Suburban Journals of Greater St. Louis
stlhssports.biz Suburban Journals of Greater St. Louis
stlhssports.com Suburban Journals of Greater St. Louis
stlhssports.info Suburban Journals of Greater St. Louis
stlhssports.mobi Suburban Journals of Greater St. Louis
stlhssports.net Suburban Journals of Greater St. Louis
stlhssports.org Suburban Journals of Greater St. Louis
stlmanufacturingjobs.com Suburban Journals of Greater St. Louis
stlnursingjobs.com Suburban Journals of Greater St. Louis
stlouisbestbridal.com Suburban Journals of Greater St. Louis
stlpreps.com Suburban Journals of Greater St. Louis
stlprosports.biz Suburban Journals of Greater St. Louis
stlprosports.com Suburban Journals of Greater St. Louis
stlprosports.info Suburban Journals of Greater St. Louis
stlprosports.mobi Suburban Journals of Greater St. Louis
stlprosports.net Suburban Journals of Greater St. Louis
stlprosports.org Suburban Journals of Greater St. Louis
stlsalesjobs.com Suburban Journals of Greater St. Louis
stluxe.com Suburban Journals of Greater St. Louis
stluxury.com Suburban Journals of Greater St. Louis
stlvarsity.com Suburban Journals of Greater St. Louis
stlyouthsports.com Suburban Journals of Greater St. Louis
stpetersjournal.com Suburban Journals of Greater St. Louis
subscribesj.com Suburban Journals of Greater St. Louis
yourjournal.com Suburban Journals of Greater St. Louis
timespressrecorder.com Times Press Recorder
theumpquapost.com Umpqua Post
m.theworldlink.com World Link
theworldlink.com World Link
theworldnewspaper.com World Link
coquillevalleycourant.com World Link


SUPPLEMENT TO ANNEX H

 

3. Mastheads:

 

  a. Pulitzer Mastheads

 

Newspaper Name

  

Masthead

Arizona Daily Sun    LOGO
Santa Maria Times    LOGO
The Lompoc Record    LOGO
The Sentinel    LOGO
Napa Valley Register    LOGO
The Pantagraph    LOGO
Daily Journal    LOGO
St. Louis Post-Dispatch    LOGO
The World    LOGO
The Daily Herald    LOGO


SUPPLEMENT TO ANNEX H

 

4. Mobile/Tablet Applications:

 

  a. Pulitzer Mobile/Tablet Applications

 

Newspaper

  

Mobile Application

  

Platform/Device

Arizona Daily Sun    Arizona Daily Sun    iPhone
Daily Journal    Daily Journal    iPhone
Ladue News    Ladue News    iPad
Santa Maria Times    Central Coast Prep Sports    Android
Santa Maria Times    Central Coast Prep Sports for iPhone    iPhone
Santa Maria Times    Santa Maria Times    Android
Santa Maria Times    Santa Maria Times    iPhone
St. Louis Post-Dispatch    Cardinals Baseball    iPad
St. Louis Post-Dispatch    Rams Football News    iPad
St. Louis Post-Dispatch    St. Louis—stltoday.com    Kindle
The Daily Herald    CougarBlue    Android
The Daily Herald    Daily Herald    Android
The Daily Herald    Daily Herald    iPhone
The Daily Herald    Daily Herald Utah Valley News    iPad
The Daily Herald    Provo – Daily Herald    Kindle
The Daily Herald    UV Sports: Daily Herald    Android
The Lompoc Record    Lompoc Record    Android
The Lompoc Record    Lompoc Record    iPhone
The Napa Valley Register    Napa Valley Register: Local news for Napa, CA    iPhone
The Pantagraph    Bloomington – The Pantagraph    Kindle
The Pantagraph    Pantagraph    Android
The Pantagraph    Pantagraph    iPhone
The Pantagraph    The Pantagraph for iPad    iPad
The Sentinel    The Sentinel: Local news for Hanford, CA    iPhone
The World    The World: Local news for Coos Bay, OR    iPhone


SUPPLEMENT TO ANNEX H

 

5. Trade Names:

 

  a. Pulitzer Trade Names

 

Registrant

  

Jurisdiction

  

Trade Name

  

SOS File No.

  

Expiration

Flagstaff Publishing Co.

   AZ    Arizona Daily Sun    254463    8/30/2016
      azdailysun.com    571684    4/30/2018
      SunDial    571686    4/30/2018
      Midweek by Mail    571687    4/30/2018
      Northern Arizona’s Mountain Living Magazine    571688    4/30/2018
      Daily Living    571689    4/30/2018
      Flagstaff Rental Guide    571690    4/30/2018
      99 Things to do in Northern Arizona    571682    4/30/2018
      Flagstaff & Scenic Northern Arizona Calendar    571691    4/30/2018
      Coupons Direct    571692    4/30/2018

Hanford Sentinel, Inc.

   CA (Kings Co)    The Sentinel    13-157    4/30/2018
      Sentinel Sampler    13-157    4/30/2018
  

CA (Fresno Co)

   The Selma Enterprise    2201310002733    5/8/2018
      The Kingsburg Recorder    2201310002733    5/8/2018
      Central Valley Guide North    2201310002733    5/8/2018

Santa Maria Times, Inc.

   CA (Santa Barbara Co)    Lee Central Coast Newspapers    2014-0001487    5/20/2019
      Santa Maria Times    2013-0001417    4/29/2018


SUPPLEMENT TO ANNEX H

 

Adobe Press 2013-0001417 4/29/2018
Times Press Recorder 2013-0001417 4/29/2018
Space Country Times 2013-0001417 4/29/2018
Santa Ynez Valley News 2013-0001417 4/29/2018
Santa Ynez Valley Extra 2013-0001417 4/29/2018
The Lompoc Record 2013-0001417 4/29/2018
Super Savings 2013-0001417 4/29/2018
Santa Maria Times, Inc. CA (San Luis Obispo Co) Adobe Press 2013-0989 4/30/2018
Times Press Recorder 2013-0989 4/30/2018
Napa Valley Publishing Co. CA (Napa Co) American Canyon Eagle 2014-0001217 8/18/2019
Napa Valley Register 2010-0001420 9/14/2015
St. Helena Star 2013-0000683 4/30/2018
The Weekly Calistogan 2013-0000683 4/30/2018
Inside Napa Valley 2013-0000683 4/30/2018
Valley Bargain Finder 2013-0000683 4/30/2018
Distinctive Properties 2013-0000683 4/30/2018


SUPPLEMENT TO ANNEX H

 

Pantagraph Publishing Co. IL The Pantagraph 6085-577-3 1/1/2020
pantagraph.com 6085-577-3 1/1/2020
The Gibson City Courier 6085-577-3 1/1/2020
Woodford Star 6085-577-3 1/1/2020
Woodford County Journal 6085-577-3 1/1/2020
Community News 6085-577-3 1/1/2020
Central Illinois Advertiser 6085-577-3 1/1/2020
HomeFinder Magazine 6085-577-3 1/1/2020
Pulitzer Inc. MO St. Louis Post-Dispatch X00997458 9/8/2019
Pulitzer Missouri Newspapers, Inc. MO Daily Journal X01310796 4/29/2018
Daily Journal Advantage X01310799 4/29/2018
Daily Journal Weekly Real Estate X01310800 4/29/2018
Democrat News X01310803 4/29/2018
Farmington Press X01310806 4/29/2018
Daily Journal Business Card Directory X01310810 4/29/2018
Madison County Info Guide X01310836 4/29/2018
Life Planning Guide X01310838 4/29/2018
Every Door & More X01310839 4/29/2018
Suburban Journals of Greater St. Louis LLC IL Collinsville Herald 0044531-2 8/1/2015


SUPPLEMENT TO ANNEX H

 

Suburban Journals of Greater St. Louis LLC MO Best Bridal X01080218 8/23/2015
Ladue News X01080165 8/23/2015
St. Louis Best Bridal X01080223 8/23/2015
St. Louis Best Bridal Guide X00997610 9/8/2019
St. Louis Best Bridal Magazine X00997612 9/8/2019
Suburban Journals X00997516 9/8/2019
Suburban Journals of Greater St. Louis X00997510 9/8/2019
Granite City Press-Record X01310847 4/29/2018
Collinsville Herald X01310853 4/29/2018
Feast Magazine X01310855 4/29/2018
St. Charles County Journal X001187797 9/4/2019
Southwestern Oregon Publishing Co. OR The World 935157-90 5/3/2017
Bandon Western World 935155-92 5/3/2017
The Umpqua Post 935160-95 5/3/2017
Pulitzer Newspapers, Inc. UT The Daily Herald 7507658-0151 11/30/2015
The Pyramid 5530321-0151 12/31/2015
The Pyramid Shopper 8659478-0151 4/30/2016


SUPPLEMENT TO ANNEX H

 

6. Software and Licenses:

a(i). Pulitzer Inbound Licenses

 

Name - Versions

   Number - Licenses  

APT retail advertising and classified advertising system

     Unlimited user licenses   

Infinium General Ledger, Payables, Payroll and Human Resources module

     1 per site   

Microsoft Exchange Server CAL

     1 per employee   

Microsoft Office suite (various versions)

     5,000   

Microsoft Windows Server

  

Microsoft Windows Server CAL

     1 per employee   

Symantec End Point Protection

     1 per employee   

SmithTech Snagit

     1 license   

MS Office 2013 Standard

     5 licenses   

MS Excel 2013

     1 license   

CitySpark for Events Portal for STL Today.com

     1 license   

b(i). Pulitzer Proprietary Software Developed by Townnews

  

Custom internally written advertising system (Phoenix)

  

Custom internally written circulation system (Falcon)

  


SUPPLEMENT TO ANNEX I

SCHEDULE OF PATENTS

None.


SUPPLEMENT TO ANNEX J

SCHEDULE OF COPYRIGHTS

In addition to those copyright registrations listed here, individual newspapers may have published books of local significance and may or may not have registered the copyright thereto. These copyrights are of immaterial value to the Assignors and their Subsidiaries taken as a whole.

Our search of the copyright office records includes only those documents available in the online search engine which only includes records created after January 1, 1978.

1. Pulitzer Copyrights:

 

Copyright Claimant

  

Copyright Title

  

Publication

Date

  

Registration No.

Farmington Press (whose sole owner is Pulitzer Missouri Newspapers, Inc.)    Effective evaluation : models for accountability    08/11/1981    TX0000746557
Flagstaff Publishing Co.    Allegro grazioso    05/31/1991    PAu001522940
   Amazing grace : arr. for handbells    05/31/1991    PAu001522936
   Balet Anglois : Allegretto    05/31/1991    PAu001522939
   Bendemeer’s stream : folk song    05/31/1991    PAu001522935
   A Christmas trilogy    05/31/1991    PA0000563485
   Au Couvent = Cathedral prelude    05/31/1991    PAu001522948
   Danse russe : Scherzo    05/31/1991    PAu001522941
   English folk song    05/31/1991    PAu001522938
   Evening song    05/31/1991    PAu001522945
   Fantasia on Christmas carols    05/31/1991    PA0000563499
   Gavotte in B-flat : Allegro    05/31/1991    PAu001522949
   Hark, the herald angels sing    05/31/1991    PA0000563498
   Hocket    05/31/1991    PAu001522946
   Kaleidoscope : Prelude for Pentecost    05/31/1991    PAu001522937
   Kamennoi-Ostrow = Reve Angelique    05/31/1991    PAu001522947
   Lied italienischer Marinari = Italian sailor’s song    05/31/1991    PAu001522943


SUPPLEMENT TO ANNEX J

 

Musette 05/31/1991 PAu001522944
The Music box 05/31/1991 PA0000563486
Pange Lingua : Sarum plainsong (mode III) 05/31/1991 PAu001522934
Suite for handbells 05/31/1991 PAu001522950
Tamborin 05/31/1991 PAu001522942

Lompoc Record

(whose sole owner is Santa Maria Times, Inc.)

Inmate wagers his life on a new identity;

USP warden fears con is manipulating US prison system

01/23/1985 TX0001570683
Pantagraph Publishing Co.

See list of serials attached hereto as Exhibit

J-3

St. Louis Post-Dispatch LLC See list of serials attached hereto as Exhibit J-4

Saint Louis post-dispatch

Type of work: Serial

Issues registered: October 07 (31 issues)

05/02/2008 TX0006646973

Saint Louis post-dispatch

Type of work: Serial

Issues registered: April 2008 (30 issues)

09/03/2008 TX0006665115

Saint Louis post-dispatch

Type of work: Serial

Issues registered: May 2008 (31 issues)

09/03/2008 TX0006665116

Saint Louis post-dispatch

Type of work: Serial

Issues registered: October 08 (31 issues)

05/03/2008 TX0006646973

Saint Louis post-dispatch

Type of work: Serial

Issues registered: March 09 (31 issues)

02/23/2010 TX0006702286

Saint Louis post-dispatch

Type of work: Serial

Issues registered: April 09 (30 issues)

02/23/2010 TX0006702287

Saint Louis post-dispatch

Type of work: Serial

Issues registered: July 09 (31 issues)

03/08/2010 TX0006702264

Saint Louis post-dispatch

Type of work: Serial

Issues registered: August 09 (31 issues)

03/08/2010 TX0006702268

Saint Louis post-dispatch

Type of work: Serial

Issues registered: September 09 (30 issues)

05/05/2010 TX0006704263

Saint Louis post-dispatch

Type of work: Serial

Issues registered: October 09 (31 issues)

05/05/2010 TX0006704262

Saint Louis post-dispatch

Type of work: Serial

Issues registered: November 09 (30 issues)

03/19/2010 TX0006702449


SUPPLEMENT TO ANNEX J

 

Saint Louis post-dispatch

Type of work: Serial

Issues registered: March 10 (31 issues)

05/24/2010 TX0006704110

Saint Louis post-dispatch

Type of work: Serial

Issues registered: November 10 (30 issues)

03/14/2011 TX0006772293

Saint Louis post-dispatch

Type of work: Serial

Issues: November 2007 (30 issues)

pending pending

Saint Louis post-dispatch

Type of work: Serial

Issues registered: March 2011

(31 issues)

08/02/2011 TX0006783632

Saint Louis post-dispatch

Type of work: Serial

Issues registered: April 2011

(30 issues)

08/02/2011 TX0006783633

Saint Louis post-dispatch

Type of work: Serial

Issues: December 2007 (31 issues)

pending pending

Saint Louis post-dispatch

Type of work: Serial

Issues: January 08 (31 issues)

pending pending
Saint Louis post-dispatch Jan12 (31 issues) 05/05/2012 TX0006789925
Saint Louis post-dispatch Feb12 (29 issues) 05/04/2012 TX0006789539
Saint Louis post-dispatch Mar12 (31 issues) 05/04/2012 TX0006789538
Saint Louis post-dispatch May11 (31 issues) 09/26/2011 TX0006788100
Saint Louis post-dispatch Jun11 (30 issues) 09/26/2011 TX0006788104
Saint Louis post-dispatch Jul11 (31 issues) 02/14/2012 TX0006789345
Saint Louis post-dispatch Aug11 (31 issues) 02/14/2012 TX0006790366
Saint Louis post-dispatch Sep11 (30 issues) 02/13/2012 TX0006787889
Saint Louis post-dispatch Oct11 (31 issues) 05/04/2012 TX0006601103
Saint Louis post-dispatch Nov11 (30 issues) 05/04/2012 TX0006601102
Saint Louis post-dispatch Dec11 (31 issues) 05/04/2012 TX0006789924


SUPPLEMENT TO ANNEX J

 

Saint Louis post-dispatch Aug10 (31 issues) 02/01/2011 TX0006772179
Saint Louis post-dispatch Sep10 (30 issues) 02/01/2011 TX0006772180
Saint Louis post-dispatch Oct10 (31 issues) 02/01/2011 TX0006772177
Tear gas shot at protesters 9/4/2014 VA0001931472
Rick Stream Election Party Watch 10/8/2014 VA0001950452
Ferguson in pictures 11/6/2014 VA0001929823
Ferguson in pictures 11/6/2014 VA0001929821
Ferguson in pictures 11/6/2014 VA0001930119
Ferguson in pictures 11/6/2014 VA0001930134
Ferguson in pictures 11/6/2014 VA0001930148
Ferguson in pictures 11/6/2014 VA0001930126
Ferguson in pictures 11/6/2014 VA0001930000
Ferguson in pictures 11/7/2014 VA0001930267
Ferguson in pictures 11/7/2014 VA0001930169
Ferguson in pictures 11/7/2014 VA0001930821
Ferguson shows a chance of peace 11/14/2014 VA0001931263
Guard members hear rumors they are leaving 11/14/2014 VA0001931261
Times Mirror Magazines, Inc. Sporting News Publishing Company, Pulitzer Company. St. Louis Post-Dispatch

Celebrating 70 : Mark McGwire’s historic season

11/20/1998 TX0004894995
Saint Louis Post-Dispatch (whose sole owner is The Pulitzer Publishing Company)

Candidates : a simulation game designed for use with the St. Louis Post-Dispatch

10/27/1978 TX0000136299

Newspaper geography : learning map skills with the St. Louis post-dispatch, an independent newspaper, St. Louis globe-democrat, an independent newspaper

03/05/1981 TX0000658448


SUPPLEMENT TO ANNEX J

 

Practical life skill activity cards : “newspaper activities corresponding to the objectives of the Missouri basic essential skills test”

10/30/1978 TX0000139435

Brezhnev reported to have leukemia

02/21/1978 TX0000014182
Pulitzer Publishing Company (employer for hire)

“See-through” wall is invented for Jewish services

10/15/1998 TX0004751091
Saint Louis Post-Dispatch (employer for hire)

High and mighty : the flood of ’93

01/24/1994 TX0003720674
Saint Louis Post-Dispatch/Globe Democrat

Newspapers and law-related education

10/13/1981 TX0000781663

Newspapers and law-related education : grades 5-9

10/13/1981 TX0000781662
Saint Louis Post-Dispatch

Saint Louis post-dispatch — the best recipes cookbook

11/14/1983 TX0001257986
Pulitzer Inc.

See list of serials attached hereto as Exhibit J-5

SEE EXHIBITS J-3, J-4 AND J-5 ATTACHED HERETO.

 

For copies of the contents of Exhibits J-3, J-4 and J-5, please contact the Registrant.


SUPPLEMENT TO ANNEX N

SCHEDULE OF STOCK

4. Pulitzer Inc.

 

Name of Issuing Corporation

   Type of
Shares
   Number of
Shares
     Certificate
No.
     Percentage
Owned
    Sub-clause of
Section 1.1(b)
of Security
Agreement
 

Pulitzer Technologies, Inc.

   Common      500         1         100     (i

Pulitzer Newspapers, Inc.

   Common      9.3         1         100     (i

Star Publishing Company

   Common      50,120         10         100     (i

5. Pulitzer Newspapers, Inc.

 

Name of Issuing Corporation

   Type of
Shares
     Number of
Shares
     Certificate
No.
     Percentage
Owned
    Sub-clause of
Section 1.1(b)
of Security
Agreement
 

Flagstaff Publishing Co.

     Common         1,875         19         100     (i

Hanford Sentinel Inc.

     Common         4,200         23         100     (i

Santa Maria Times, Inc.

     Common         4,950         13         100     (i

Ynez Corporation

     Common         90         1         100     (i

Napa Valley Publishing Co.

     Common         8,000         29         100     (i

Pantagraph Publishing Co.

     Common         100         4         100     (i

Southwestern Oregon Publishing Co.

     Common         11,960         14         100     (i

Pulitzer Missouri Newspapers, Inc.

     Common         48,504         4         100     (i


SUPPLEMENT TO ANNEX O

SCHEDULE OF NOTES

NONE


SUPPLEMENT TO ANNEX P

SCHEDULE OF LIMITED LIABILITY COMPANY INTERESTS

 

1. Pulitzer, Inc.

 

Name of Issuing Limited Liability Company

   Type of
Interest
     Percentage Owned     Sub-clause of
Section 1.1(b)
of Security Agreement
 

St. Louis Post-Dispatch LLC

     LLC         98.95     (iv

STL Distribution Services LLC

     LLC         98.95     (iv

Suburban Journals of Greater St. Louis LLC

     LLC         100     (iv

Pulitzer Network Systems LLC

     LLC         100     (iv

Amplified Digital, LLC

     LLC         100     (iv

Media Brands, L.L.C.

     LLC         < 50     (iv

2. St. Louis Post-Dispatch LLC

 

Name of Issuing Limited Liability Company

   Type of
Interest
     Percentage Owned     Sub-clause of
Section 1.1(b)
of Security Agreement
 

Fairgrove LLC

     LLC         100     (iv


SUPPLEMENT TO ANNEX Q

SCHEDULE OF PARTNERSHIP INTERESTS

 

1. Star Publishing Company

 

Name of Issuing Partnership

   Type of
Interest
   Percentage Owned     Sub-clause of
Section 1.1(b)
of Security Agreement
 

TNI Partners

   General Partnership      50     (iv
Form 8-K

Exhibit 10.3

PULITZER PARI PASSU INTERCREDITOR AGREEMENT

THIS PULITZER PARI PASSU INTERCREDITOR AGREEMENT dated as of June 25, 2015 (this “Agreement”), among LEE ENTERPRISES, INCORPORATED, a Delaware corporation (the “Borrower”), PULITZER INC., a Delaware corporation (“Pulitzer”), each of Pulitzer’s direct or indirect subsidiaries party hereto (together with Pulitzer, the “Pulitzer Entities” or the “Grantors”), JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Revolving Credit Facility (together with its successors and assigns, in such capacity, the “Revolving Agent”) and as collateral agent for the Revolving Secured Parties (together with its successors and assigns, in such capacity, the “Revolving Collateral Agent”), JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Term Loan Facility (together with its successors and assigns, in such capacity, the “Term Loan Agent”) and as collateral agent for the Term Loan Secured Parties (together with its successors and assigns, in such capacity, the “Term Loan Collateral Agent”), U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity, but solely in its capacity as Trustee under the Notes Indenture (together with its successors and assigns, in such capacity, the “Notes Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, as collateral agent for the Notes Secured Parties (together with its successors and assigns, in such capacity, the “Notes Collateral Agent”), and each ADDITIONAL AGENT from time to time party hereto as collateral agent for any First Lien Obligations of any other Class.

The parties hereto agree as follows:

ARTICLE I.

Definitions

SECTION 1.01. Certain Defined Terms. As used in this Agreement, the following terms have the meanings specified below:

Additional Agent” has the meaning ascribed to the term in Article VIII.

Additional First Lien Obligations” means all obligations of the Borrower and the Pulitzer Entities that shall have been designated as such pursuant to Article VIII.

Additional First Lien Obligations Documents” means the indentures or other agreements under which Additional First Lien Obligations of any Series are issued or incurred and all other instruments, agreements and other documents evidencing or governing Additional First Lien Obligations of such Series or providing any guarantee, Lien or other right in respect thereof, in each case, as amended in accordance with the terms of this Agreement and the Secured Credit Documents.

Additional Pari Passu Lien Obligations” means indebtedness and related obligations (other than Priority Payment Lien Obligations) permitted under the Notes Indenture and under the First Lien Credit Agreement to be incurred and to be secured on a pari passu basis with the Liens securing the Pari Passu Lien Obligations.

 

Page 1


Additional Priority Payment Lien Obligations” means indebtedness and related obligations permitted under the Notes Indenture and under the First Lien Credit Agreement to be incurred and to be secured on a pari passu basis with the Liens securing, and also to be entitled to the same payment priority as, the Priority Payment Lien Obligations.

Additional Secured Parties” means the holders of any Additional First Lien Obligations.

Affiliate” means, of any specified Person means any other Person, directly or indirectly, controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

Agents” means the collective reference to the Revolving Agent, the Term Loan Agent, the Notes Trustee, the Additional Agents and the Collateral Agents.

Agreement” has the meaning ascribed to such term in the preamble.

Authorized Officer” means, with respect to any Person, the chief executive officer, the chief financial officer, principal accounting officer, any vice president, treasurer, general counsel or another executive officer of such Person.

Bailee Collateral Agent” has the meaning ascribed to such term in Section 4.01(a).

Bankruptcy Code” means Title 11 of the United States Code, as amended.

Bankruptcy Law” means the Bankruptcy Code and any similar federal, state or foreign law for the relief of debtors.

Borrower” has the meaning ascribed to such term in the preamble.

Business Day” means each day that is not a Saturday, Sunday or other day on which commercial banking institutions in New York, New York are authorized or required by law to close.

Cash Management Obligations” means, “Other Obligations” in respect of any “Secured Cash Management Services Agreement” under and as defined in the Security Documents in respect of the Priority Payment Lien Obligations.

Class” means, when used in reference to (a) any First Lien Obligations, whether such First Lien Obligations constitute Revolving Credit Obligations, Priority Payment Lien Obligations, Term Loan Obligations, Pari Passu Lien Obligations, Notes Obligations or Additional First Lien Obligations of any Series, (b) any Collateral Agent, whether such Collateral Agent is the Revolving Collateral Agent, the Term Loan Collateral Agent, the Notes Collateral Agent or the Additional Agent with respect to the Additional First Lien Obligations of any Series, (c) any Bailee Collateral Agent, whether such Bailee Collateral Agent is the Revolving Collateral Agent, the Term Loan Collateral Agent, the Notes Collateral Agent or the

 

Page 2


Additional Agent with respect to the Additional First Lien Obligations of any Series, (d) any Secured Parties, whether such Secured Parties are the Revolving Secured Parties, the Term Loan Secured Parties, the Notes Secured Parties or the holders of the Additional First Lien Obligations of any Series, (e) any Secured Credit Documents, whether such Secured Credit Documents are the Revolving Credit Documents, the Term Credit Documents, the Notes Documents or the Additional First Lien Obligations Documents with respect to Additional First Lien Obligations of any Series, and (f) any Security Documents, whether such Security Documents are part of the Revolving Credit Documents, the Term Credit Documents, the Notes Documents or the Additional First Lien Obligations Documents with respect to Additional First Lien Obligations of any Series.

Collateral” means all assets, whether now owned or hereafter acquired by the Pulitzer Entities, on which a Lien is granted or purported to be granted to any Secured Party as security for any First Lien Obligation.

Collateral Agents” means the Revolver Collateral Agent, the Term Loan Collateral Agent, the Notes Collateral Agent and each Additional Agent.

Controlled Shared Collateral” has the meaning ascribed to such term in Section 4.01(a).

Controlling Pari Passu Agent” has the meaning ascribed to such term in Section 3.01.

Discharge of Priority Payment Lien Obligations” means, subject to any reinstatement of Priority Payment Lien Obligations in accordance with this Agreement (a) payment in full in cash of the principal of and interest (including Post-Petition Interest), and premium, if any, that is due and payable on all Priority Payment Lien Obligations and termination of all commitments of the Secured Parties in respect of the Priority Payment Lien Obligations to lend or otherwise extend credit under the Revolving Credit Documents, (b) payment in full in cash of all other Priority Payment Lien Obligations (including letter of credit reimbursement obligations) that are due and payable or otherwise accrued and owing at or prior to the time such principal, interest, and premium are paid (other than Cash Management Obligations and Hedging Obligations so long as arrangements satisfactory to the counterparties thereto have been made), and (c) termination or cash collateralization (in an amount and manner, and on terms, reasonably satisfactory to the applicable issuing lender thereof) of all letters of credit issued under the Revolving Credit Documents.

Enforcement Action” means, with respect to the Priority Payment Lien Obligations or the Pari Passu Lien Obligations, the exercise of any rights and remedies with respect to any Shared Collateral securing such First Lien Obligations or the commencement or prosecution of enforcement of any of the rights and remedies as a secured creditor under the applicable Secured Credit Documents, or applicable law, including, without limitation, (a) the exercise of any rights of set-off or recoupment and (b) rights to credit bid debt, and the exercise of any rights or remedies of a secured creditor under the Uniform Commercial Code of any applicable jurisdiction or under the Bankruptcy Code and (c) the commencement of any judicial or nonjudicial foreclosure proceedings with respect to, attempting any action to take possession of, any Shared Collateral, or exercising any right, remedy or power with respect to, or otherwise taking any action to enforce their rights or interests in or realize upon the Shared Collateral.

 

Page 3


Event of Default” means an “Event of Default” (or similar event, however denominated) as defined in any Secured Credit Document.

Exercising Agent” has the meaning ascribed to such term in Section 2.03.

First Lien Credit Agreement” means the First Lien Credit Agreement dated as of March 31, 2014, by and among the Borrower, the lenders party thereto in their capacities as lenders thereunder and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and one or more other financing arrangements (including, any guarantee agreements and security documents), in each case, as amended in accordance with the terms of this Agreement and the Secured Credit Documents, including any agreement extending the maturity of, Refinancing, replacing, consolidating or otherwise restructuring all or any portion of the First Lien Obligations under any such agreement or any successor or replacement agreement and whether by the same or any other agent, lender or group of lenders and whether or not increasing the amount of indebtedness that may be incurred thereunder; provided that the collateral agent for any such other financing arrangement or agreement becomes a party hereto by executing and delivering a Collateral Agent Joinder Agreement.

First Lien Obligations” means (a) the Priority Payment Lien Obligations, (b) the Pari Passu Lien Obligations, and (c) the Additional First Lien Obligations.

Guarantee and Collateral Agreement” means the First Lien Guarantee and Collateral Agreement dated as of March 31, 2014, by and among the Borrower, the Pulitzer Entities, other parties thereto from time to time and JPMorgan Chase Bank, N.A., as collateral agent.

Hedging Obligations” means, “Other Obligations” in respect of any “Secured Hedging Agreement” under and as defined in the Security Documents in respect of the Priority Payment Lien Obligations.

Insolvency Proceeding” means (a) any voluntary or involuntary case or proceeding under the Bankruptcy Code with respect to any of the Pulitzer Entities,(b) any other voluntary or involuntary insolvency, reorganization or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding with respect to any of the Pulitzer Entities or with respect to a material portion of its assets, (c) any liquidation, dissolution, reorganization or winding up of any of the Pulitzer Entities, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (d) any assignment for the benefit of creditors or any other marshalling of assets and liabilities of any of the Pulitzer Entities.

Joinder Agreement” means a supplement to this Agreement substantially in the form of Exhibit A, appropriately completed.

Lien” means, with respect to any asset, any mortgage, lien (statutory or otherwise), pledge, hypothecation, charge, security interest, or encumbrance of any kind in respect of such asset, in each case in the nature of security, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement, any lease in the nature thereof, or sale/leaseback, any option or other agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction.

 

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Notes” has the meaning ascribed to such term in the definition of “Notes Indenture.”

Notes Collateral Agent” has the meaning ascribed to such term in the preamble.

Notes Documents” means the Notes Indenture, the Notes Security Documents and each of the other agreements, documents and instruments providing for or evidencing any other Notes Obligations and any other document or instrument executed or delivered at any time in connection with any Notes Obligations, to the extent such are effective at the relevant time.

Notes Indenture” means that certain Indenture, dated as of March 31, 2014, among the Borrower, the Pulitzer Entities party thereto, as guarantors, the Notes Trustee and the Notes Collateral Agent, governing the Borrower’s 9.5% Notes due 2022 (the “Notes”) as amended in accordance with the terms of this Agreement and the Secured Credit Documents.

Notes Obligations” means all “Obligations” as defined in the Notes Security Documents.

Notes Secured Parties” means the Notes Trustee, the Notes Collateral Agent and the holders of the Notes Obligations.

Notes Security Documents” has the meaning ascribed to the term “Security Documents” in the Notes Indenture, in each case, as amended in accordance with the terms of this Agreement and the Secured Credit Documents.

Notes Trustee” has the meaning ascribed to such term in the preamble.

Pari Passu Lien Obligations” means, collectively. the Term Loan Obligations, the Notes Obligations, and any other Additional Pari Passu Lien Obligations.

Pari Passu Secured Parties” means, collectively, the Term Loan Agent, the Term Loan Collateral Agent, the Notes Trustee, the Notes Collateral Agent and each other holder of a Pari Passu Lien Obligation.

Person” means any individual, corporation, company, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization, government or any agency or political subdivision hereof or any other entity.

Post-Petition Interest” means in respect of any indebtedness (a) all interest accrued or accruing, or which would accrue, absent commencement of an Insolvency Proceeding (and the effect of provisions such as Section 502(b)(2) of the Bankruptcy Code), on or after the commencement of an Insolvency Proceeding in accordance with the rate specified in the applicable agreement with respect to such indebtedness, whether or not the claim for such interest is allowed or allowable as a claim in such Insolvency Proceeding, and (b) any and all fees and expenses (including attorneys’ and/or financial consultants’ fees and expenses) incurred by the secured parties in respect of such indebtedness on or after the commencement of an

 

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Insolvency Proceeding, whether or not the claim for fees and expenses is allowed or allowable under Section 502 or 506(b) of the Bankruptcy Code or any other provision of the Bankruptcy Code or any similar federal, state or foreign law for the relief of debtors as a claim in such Insolvency Proceeding.

Priority Payment Lien Obligations” means, collectively, “Obligations” as defined in the Revolving Credit Security Documents (including the Cash Management Obligations and Hedging Obligations) and any other Additional Priority Payment Lien Obligations.

Priority Payment Secured Parties” means, collectively, the Revolving Agent, the Revolving Collateral Agent, and each other holder of a Priority Payment Lien Obligation.

Proceeds” has the meaning ascribed to such term in Section 2.01(b).

Pulitzer Entity Joinder Agreement” means a supplement to this Agreement substantially in the form of Exhibit B, appropriately completed.

Refinance” means, in respect of any indebtedness, to refinance, extend, renew, refund, replace, repay, prepay, discharge, purchase, redeem, defease or retire (including pursuant to a satisfaction and discharge mechanism), or to issue other indebtedness in exchange or replacement for or to consolidate, such indebtedness. “Refinanced” and “Refinancing” shall have correlative meanings.

Related Secured Credit Documents” means, with respect to the Agent or Secured Parties of any Class, the Secured Credit Documents of such Class.

Related Secured Parties” means, with respect to the Agent of any Class, the Secured Parties of such Class.

Revolver Standstill Period” has the meaning ascribed to such term in Section 3.01.

Revolving Agent” has the meaning ascribed to such term in the preamble.

Revolving Collateral Agent” has the meaning ascribed to such term in the preamble.

Revolving Credit Documents” means any documents governing Priority Payment Lien Obligations, as such documents may be amended, restated or supplemented from time to time.

Revolving Credit Facility” means the Revolving Facility under, and as defined in, the First Lien Credit Agreement, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, amendments and restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder (whether or not with the original administrative agent, holders, lenders, investors, underwriters, agents or other parties), including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof.

 

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Revolving Credit Obligations” means “Obligations” as defined in the Revolving Credit Security Documents, solely in respect of the Revolving Credit Facility.

Revolving Credit Security Documents” has the meaning ascribed to the term “Security Documents” in the First Lien Credit Agreement and as amended in accordance with the terms of this Agreement and the Secured Credit Documents.

Revolving Secured Parties” means the Revolving Agent, the Revolving Collateral Agent and the other holders of Priority Payment Lien Obligations.

Secured Credit Documents” means, collectively, (a) the Revolving Credit Documents, (b) the Pari Passu Credit Documents, (c) the Notes Documents and (c) the Additional First Lien Obligations Documents.

Secured Parties” means (a) the Revolving Secured Parties, (b) the Term Loan Secured Parties, (c) the Notes Secured Parties and (d) the Additional Secured Parties.

Security Documents” means (a) the Guarantee and Collateral Agreement and the other Security Documents (as defined in the First Lien Credit Agreement), (b) each of the Notes Security Documents entered into in favor of the Notes Collateral Agent for the purpose of securing the Notes Obligations and (c) any other agreement entered into in favor of the Collateral Agent of any other Class for the purpose of securing the First Lien Obligations of such Class.

Series” means, when used in reference to Additional First Lien Obligations such Additional First Lien Obligations as shall have been issued or incurred pursuant to the same indentures or other agreements and with respect to which the same Person acts as the Additional Agent.

Shared Collateral” means all assets, whether now owned or hereafter acquired by the Pulitzer Entities, subject to a Lien securing any First Lien Obligation.

Term Loan Agent” has the meaning assigned to such term in the preamble.

Term Loan Collateral Agent” has the meaning assigned to such term in the preamble.

Term Loan Credit Documents” means any document governing the Term Loan Obligations, as such documents may be amended, restated, amended and restated, supplemented or otherwise modified from time to time.

Term Loan Facility” means the Term Loan Facility under, and as defined in, the First Lien Credit Agreement, dated as of March 31, 2014, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder (whether or not with the original administrative agent, holders, lenders, investors, underwriters, agents or other parties), including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof.

 

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Term Loan Obligations” shall have the meaning ascribed to such term in the First Lien Credit Agreement and the Notes Indenture (as the same is in effect of the date hereof).

Term Loan Secured Parties” means the Term Loan Agent, the Term Loan Collateral Agent and the holders of the Term Loan Obligations.

Uniform Commercial Code” means the Uniform Commercial Code as in effect from time to time in the applicable jurisdiction.

SECTION 1.02. Terms Generally. The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise, (a) any definition of or reference to any agreement, instrument, other document, statute or regulation herein shall be construed as referring to such agreement, instrument, other document, statute or regulation as amended, amended and restated, supplemented, restated, waived or otherwise modified from time to time in accordance with the terms of this Agreement, if applicable, (b) any reference herein to any Person shall be construed, unless otherwise set forth herein, to include such Person’s successors and assigns, (c) the words “herein”, “hereof and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, and (d) all references herein to Articles, Sections and Exhibits shall be construed to refer to Articles, and Sections of, and Exhibits to, this Agreement.

SECTION 1.03. Concerning the Agents.

(a) Each acknowledgement, agreement, consent and waiver (whether express or implied) in this Agreement made by the Revolving Agent or the Revolving Collateral Agent, as applicable, whether on behalf of itself or any of its Related Secured Parties, is made in reliance on the authority granted to the Revolving Agent or the Revolving Collateral Agent, as applicable, pursuant to the authorization thereof under the Revolving Credit Facility and the Related Secured Credit Documents. It is understood and agreed that neither the Revolving Agent nor the Revolving Collateral Agent shall be responsible for or have any duty to ascertain or inquire into whether any of its Related Secured Parties is in compliance with the terms of this Agreement, and no party hereto or any other Secured Party shall have any right of action whatsoever against the Revolving Agent or the Revolving Collateral Agent for any failure of any of its Related Secured Parties to comply with the terms hereof or for any of its Related Secured Parties taking any action contrary to the terms hereof.

(b) Each acknowledgement, agreement, consent and waiver (whether express or implied) in this Agreement made by either the Term Loan Agent or the Term Loan Collateral Agent, as applicable, whether on behalf of itself or any of its Related Secured Parties, is made in reliance on the authority granted to the Term Loan Agent or the Term Loan Collateral Agent, as applicable, pursuant to the authorization thereof under the Term Loan Facility and the Related Secured Credit Documents. It is understood and agreed that neither the Term Loan Agent nor Term Loan Collateral Agent shall be responsible for or have any duty to ascertain or inquire into

 

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whether any of its Related Secured Parties is in compliance with the terms of this Agreement, and no party hereto or any other Secured Party shall have any right of action whatsoever against the Term Loan Agent or the Term Loan Collateral Agent for any failure of any of its Related Secured Parties to comply with the terms hereof or for any of its Related Secured Parties taking any action contrary to the terms hereof.

(c) Each acknowledgement, agreement, consent and waiver (whether express or implied) in this Agreement made by either the Notes Trustee or the Notes Collateral Agent, as applicable, whether on behalf of itself or any of its Related Secured Parties, is made in reliance on the authority granted to the Notes Trustee or the Notes Collateral Agent, as applicable, pursuant to the authorization thereof under the Notes Indenture and the Related Secured Credit Documents. It is understood and agreed that neither the Notes Trustee nor the Notes Collateral Agent shall be responsible for or have any duty to ascertain or inquire into whether any of its Related Secured Parties is in compliance with the terms of this Agreement, and no party hereto or any other Secured Party shall have any right of action whatsoever against the Collateral Agent or the Notes Trustee for any failure of any of its Related Secured Parties to comply with the terms hereof or for any of its Related Secured Parties taking any action contrary to the terms hereof.

(d) Each acknowledgement, agreement, consent and waiver (whether express or implied) in this Agreement made by any Additional Agent, whether on behalf of itself or any of its Related Secured Parties, is made in reliance on the authority granted to such Additional Agent pursuant to the authorization thereof under the Additional First Lien Obligations Documents relating to such Class of First Lien Obligations and the Related Secured Credit Documents. It is understood and agreed that no Additional Agent shall be responsible for or have any duty to ascertain or inquire into whether any of its Related Secured Parties is in compliance with the terms of this Agreement, and no party hereto or any other Secured Party shall have any right of action whatsoever against the Additional Agent for any failure of any of its Related Secured Parties to comply with the terms hereof or for any of its Related Secured Parties taking any action contrary to the terms hereof.

ARTICLE II.

Lien Priorities; Proceeds

SECTION 2.01. Relative Priorities.

(a) Notwithstanding the date, time, method, manner or order of grant, attachment or perfection of any Lien on any Shared Collateral securing any First Lien Obligation, and notwithstanding any provision of the Uniform Commercial Code of any jurisdiction, any other applicable law or any Secured Credit Document, or any other circumstance whatsoever, each Agent, for itself and on behalf of its Related Secured Parties, agrees that valid and perfected Liens on any Shared Collateral securing First Lien Obligations of any Class shall be of equal priority; provided that the Priority Payment Lien Obligations will have priority as set forth below to the Proceeds of or other payments or distributions on Shared Collateral (whether upon a foreclosure after the occurrence of an Event of Default or in an Insolvency Proceeding, including all adequate protection payments made in any Insolvency Proceeding in respect of any sale of the Shared Collateral) and will be repaid in full prior to the repayment of any Pari Passu Lien Obligations.

 

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(b) Each Agent, for itself and on behalf of its Related Secured Parties, agrees that, notwithstanding (x) any provision of any Secured Credit Document to the contrary and (y) the date, time, method, manner or order of grant, attachment or perfection of any Lien on any Shared Collateral securing any First Lien Obligation, and notwithstanding any provision of the Uniform Commercial Code of any jurisdiction, any other applicable law or any Secured Credit Document, or any other circumstance whatsoever if (i) an Event of Default shall have occurred and is continuing and any Secured Party is taking any action to enforce rights or exercise remedies in respect of any Shared Collateral (including any such action referred to in Section 3.01), (ii) any distribution, payment, compromise or settlement of any kind (under a confirmed plan of reorganization or otherwise) is made in respect of any Shared Collateral in any Insolvency Proceeding of any of the Pulitzer Entities or (iii) any Secured Party receives any payment with respect to any Shared Collateral, then, in the case of each of the foregoing clauses (i), (ii) and (iii), such cash and non-cash payments, distributions or the proceeds of any such sale, collection or other liquidation, or payments in respect, of any Shared Collateral obtained or received by any such Secured Party (all such cash or non-cash proceeds, distributions and payments being collectively referred to as “Proceeds”), shall be applied as follows:

(i) FIRST, ratably to the payment of all fees, costs and expenses owing to the Revolving Collateral Agent, the Revolving Agent and any other agent or collateral agent in respect of the Priority Payment Lien Obligations pursuant to the terms of the Revolving Credit Facility or any document related to the Priority Payment Lien Obligations, including in respect of any such enforcement of rights or exercise of remedies;

(ii) SECOND, to the payment in full of any Priority Payment Lien Obligations (including, for the avoidance of doubt, an amount equal to any Post-Petition Interest) secured by a valid and perfected lien on such Shared Collateral at the time due and payable (the amounts so applied to be distributed, as among the Revolving Credit Facilty and any Classes of Additional Priority Payment Lien Obligations, ratably in accordance with the amounts of the Revolving Credit Obligations and Additional Priority Payment Lien Obligations of each such Class on the date of such application until the Discharge of the Priority Payment Lien Obligations);

(iii) THIRD, ratably to the payment of all fees, costs and expenses owing to the Term Loan Collateral Agent, the Term Loan Agent, the Notes Collateral Agent, the Notes Trustee and any other Collateral Agent in respect of the Pari Passu Lien Obligations pursuant to the terms of any document related to the Pari Passu Lien Obligations, including in respect of any such enforcement of rights or exercise of remedies;

(iv) FOURTH, to the payment in full of the Pari Passu Lien Obligations (including, for the avoidance of doubt, an amount equal to any Post-Petition Interest) secured by a valid and perfected lien on such Shared Collateral at the time due and payable (the amounts so applied to be distributed, as among the Pari Passu Credit

 

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Facility, the Notes and any classes of Additional Pari Passu Lien Obligations, ratably in accordance with the amounts of the Term Loan Facility, the Notes Obligations and Additional Pari Passu Lien Obligations of each such Class on the date of such application; and

(v) FIFTH, after payment in full of all the First Lien Obligations, to the holders of any junior Liens on the Shared Collateral and thereafter to the Pulitzer Entities or their successors or assigns, as their interests may appear, or as a court of competent jurisdiction may direct.

(c) The parties to this Agreement (including the Pulitzer Entities) shall irrevocably agree that this Agreement (including the provisions described in Section 2.01(b)) constitutes a “subordination agreement” within the meaning of both New York law, Section 510(a) of the Bankruptcy Code and any other applicable law, and that the terms hereof will survive, and will continue in full force and effect and be binding upon each of the parties hereto, in any Insolvency Proceeding.

To further effectuate the intent, understanding, and agreement of the Secured Parties with respect to the Priority Payment Lien Obligations, on the one hand, and the Secured Parties with respect to the Pari Passu Lien Obligations, on the other hand, (x) if it is held (in the context of a confirmed plan of reorganization or otherwise) that the claims against any of the Pulitzer Entities in respect of the Priority Payment Lien Obligations and the Pari Passu Lien Obligations against the Shared Collateral constitute only one secured claim (rather than separate classes of claims), then the Secured Parties in respect of the Priority Payment Lien Obligations and the Secured Parties in respect of the Pari Passu Lien Obligations, expressly acknowledge and agree that all distributions, payments, compromises, or settlements of any kind (under a confirmed plan of reorganization or otherwise) made in respect of any Shared Collateral in any Insolvency Proceeding, after an Event of Default or otherwise shall be deemed for all purposes with respect to this Agreement and such Insolvency Proceeding to have been made as if there were separate classes of senior and junior secured claims against the Pulitzer Entities in respect of the Shared Collateral, with the effect being that the Secured Parties in respect of the Priority Payment Lien Obligations shall be entitled to and shall receive from the Shared Collateral, in addition to amounts distributed to them in respect of principal, pre-petition interest, and other claims, Post-Petition Interest on the Priority Payment Lien Obligations before any distribution is or may be made in respect of the claims secured by the Shared Collateral, or the Liens thereon, securing the Pari Passu Lien Obligations, and (y) each Secured Party in respect of the Pari Passu Lien Obligations (whether directly or through its Agent), further expressly acknowledges and agrees to either turn over to, or direct the Pulitzer Entities to pay directly to, the Revolving Collateral Agent, for payment to the holders of the Priority Payment Lien Obligations, all amounts otherwise received or receivable by them from the Shared Collateral or in respect of the Liens thereon securing the Pari Passu Lien Obligations to the extent needed to effectuate the intent of this provision to ensure that the Priority Payment Lien Obligations (including, for the avoidance of doubt, those related to Post-Petition Interest) are paid in full and the Discharge of the Priority Payment Lien Obligations shall have occurred, even if such turnover of amounts has the effect of reducing the amount of the recovery and/or claims of the Secured Parties in respect of the Pari Passu Lien Obligations.

 

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SECTION 2.02. Payment Over. Each Secured Party (whether directly or through its applicable Agent), agrees that if such Secured Party shall at any time obtain possession of any Shared Collateral or receive any Proceeds (other than as a result of any application of Proceeds pursuant to Section 2.01(b)), (i) the applicable Agent shall promptly inform each other Agent thereof, (ii) such Secured Party shall hold such Shared Collateral or Proceeds in trust for the benefit of the Secured Parties of the Class entitled thereto pursuant to Section 2.01(b) and, with respect to any Shared Collateral constituting Controlled Shared Collateral, the applicable Collateral Agent shall comply with the provisions of Section 4.01 and (iii) in the case of any such Proceeds, such Proceeds shall be applied in accordance with Section 2.01(b) as promptly as practicable.

SECTION 2.03. Determinations with Respect to Amounts of Obligations and Liens. Whenever an Agent (any such Agent, the “Exercising Agent”) shall be required, in connection with the exercise of its rights or the performance of its obligations hereunder, to determine the existence or amount of any First Lien Obligations of any other Class, or the Shared Collateral subject to any Lien securing the First Lien Obligations of any other Class (and whether such Lien constitutes a valid and perfected Lien), it may request that such information be furnished to it in writing by the the other Agents and shall be entitled to make such determination on the basis of the information so furnished; provided that if, notwithstanding such request the other Agents shall fail or refuse reasonably promptly to provide the requested information, the Exercising Agent shall be entitled to conclusively rely upon a certificate of an Authorized Officer of the Borrower in respect of such existence or amount. Each Agent may rely conclusively, and shall be fully protected in so relying, on any determination made by it in accordance with the provisions of the preceding sentence (or as otherwise directed by a court of competent jurisdiction) and shall have no liability to the Borrower or any of the Pulitzer Entities, any other Secured Party or any other Person as a result of such determination or any action taken or not taken pursuant thereto.

ARTICLE III.

Rights and Remedies; Matters Relating to Shared Collateral

SECTION 3.01. Exercise of Rights and Remedies. At any time prior to the Discharge of Priority Payment Lien Obligations and whether or not an Insolvency Proceeding has commenced by or against the Borrower or any of the Pulitzer Entities that own Shared Collateral, (A) the Revolving Collateral Agent and any Additional Agent on behalf of any Additional Priority Payment Lien Obligations shall have the exclusive right to exercise any right or remedy with respect to any Shared Collateral and will also have the exclusive right to determine the time and method and place for exercising such right or remedy or conducting any proceeding with respect thereto and (B) none of the Secured Parties with respect to the Pari Passu Lien Obligations may commence or maintain any Enforcement Action with respect to the Shared Collateral; provided, however, that (i) the Collateral Agent of the Pari Passu Lien Obligations with the largest outstanding aggregate principal amount at such time (the “Controlling Pari Passu Agent”) may commence an Enforcement Action after the passage of at least 120 days after the earlier of (x) the date on which the Controlling Pari Passu Agent declared the existence of an Event of Default and demanded the repayment of all the principal amount of such Pari Passu Lien Obligations and (y) the date on which the Revolving Collateral Agent received notice from the Controlling Pari

 

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Passu Agent of such declaration of an Event of Default (the “Revolver Standstill Period”) and (ii) the Collateral Agent of the Pari Passu Lien Obligations with the second largest outstanding aggregate principal amount at such time (the “Non-Controlling Pari Passu Agent”) may commence an Enforcement Action after the passage of at least 150 days after the earlier of (x) the date on which the Non-Controlling Pari Passu Agent declared the existence of an Event of Default and demanded the repayment of all the principal amount of such Pari Passu Lien Obligations and (y) the date on which the Revolving Collateral Agent and the Controlling Pari Passu Agent received notice from the Non-Controlling Pari Passu Agent of such declaration of an Event of Default; provided, further, however, notwithstanding the expiration of the Revolver Standstill Period, if the Revolving Collateral Agent or any other Collateral Agent on behalf of any Additional Priority Payment Lien Obligations commences an Enforcement Action, neither the Controlling Pari Passu Agent, the Non-Controlling Pari Passu Agent or any other Collateral Agent of any Pari Passu Lien Obligations shall commence or continue an Enforcement Action. The Revolving Agent, the Revolving Collateral Agent and any other Collateral Agent behalf of any Additional Priority Payment Lien Obligations are under no obligation to consult with any Collateral Agent on behalf of any Pari Passu Lien Obligations in connection with an Enforcement Action with respect to the Shared Collateral. Notwithstanding the foregoing, (a) the Secured Parties shall remain subject to, and bound by, all covenants or agreements made in this Agreement, and (b) each Agent will agree, on behalf of itself and its related secured parties, that such Agent and its Related Secured Parties shall cooperate in a commercially reasonable manner with each other agent or trustee and its related secured parties in any enforcement of rights or any exercise of remedies with respect to any Shared Collateral.

SECTION 3.02. Prohibition on Contesting Liens. Each Agent, on behalf of itself and its Related Secured Parties, agrees not to contest or support any Person in contesting, in any proceeding (including any Insolvency Proceeding), the perfection, priority, validity, attachment or enforceability of a Lien held by or on behalf of any other Agent or any of its Related Secured Parties in all or any part of the Shared Collateral; provided that nothing in this Agreement shall be construed to prevent or impair the rights of any Agent or any of its Related Secured Parties to enforce this Agreement.

SECTION 3.03. Prohibition on Challenging this Agreement. Each Agent, on behalf of itself and its Related Secured Parties, agrees that they will not attempt, directly or indirectly, whether by judicial proceedings or otherwise, to challenge the enforceability of any provision of this Agreement; provided that nothing in this Agreement shall be construed to prevent or impair the rights of any Agent or any of its Related Secured Parties to enforce this Agreement.

SECTION 3.04. Releasse of Liens. The parties hereto agree and acknowledge that the release of Liens on any Shared Collateral securing First Lien Obligations of any Class, whether in connection with a sale, transfer or other disposition of such Shared Collateral or otherwise, shall be governed by and subject to the Secured Credit Documents of such Class, and that nothing in this Agreement shall be deemed to amend or affect the terms of the Secured Credit Documents of such Class with respect thereto.

 

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ARTICLE IV.

Collateral

SECTION 4.01. Bailment for Perfection of Security Interests.

(a) Each Collateral Agent agrees that if it shall at any time hold a Lien on any Shared Collateral that can be perfected by the possession or control of such Shared Collateral or of any deposit, securities or other account in which such Shared Collateral is held, and if such Shared Collateral or any such account is in fact in the possession or under the control of such Collateral Agent, or of agents or bailees of such Collateral Agent (such Shared Collateral being referred to herein as the “Controlled Shared Collateral”), such Collateral Agent shall, solely for the purpose of perfecting the Liens of any other Collateral Agent granted on such Shared Collateral under its Related Secured Credit Documents and subject to the terms and conditions of this Article, also hold such Controlled Shared Collateral as gratuitous bailee and sub-agent for each such other Collateral Agent (any Collateral Agent that shall be holding any Controlled Shared Collateral as gratuitous bailee and sub-agent being referred to herein as the “Bailee Collateral Agent”). In furtherance of the foregoing, each Collateral Agent appoints each Bailee Collateral Agent (and each Bailee Collateral Agent accepts such appointment) as such Collateral Agent’s gratuitous bailee and sub-agent hereunder with respect to any Controlled Shared Collateral that such Bailee Collateral Agent possesses or controls at any time solely for the purpose of perfecting a Lien on such Controlled Shared Collateral. It is further understood and agreed that as of the date hereof and until the Discharge of the Priority Payment Lien Obligations, the Revolving Collateral Agent shall be the Bailee Collateral Agent and be granted possession of all possessory Controlled Shared Collateral and, thereafter, the Controlling Pari Passu Agent.

(b) In furtherance of the foregoing, each Pulitzer Entity hereby grants a security interest in the Controlled Shared Collateral to each Collateral Agent that possesses or controls Controlled Shared Collateral as permitted in Section 4.01(a) for the benefit of the Secured Parties under any other Class of First Lien Obligations which have been granted a Lien on the Controlled Shared Collateral possessed or controlled by such Collateral Agent.

(c) Subject to Section 4.01(a), for purposes of this Section, the Bailee Collateral Agent shall be entitled to deal with the applicable Controlled Shared Collateral in accordance with the terms of its Related Secured Credit Documents as if the Liens thereon of the Collateral Agent or Secured Parties of any other Class (and the agreements set forth in paragraph (a) of this Section) did not exist; provided that any Proceeds arising from any such Controlled Shared Collateral shall be subject to Article II. The obligations and responsibilities of any Bailee Collateral Agent to any other Collateral Agent or any of its Related Secured Parties under this Article shall be limited solely to holding or controlling the applicable Controlled Shared Collateral as gratuitous bailee and sub-agent in accordance with this Article. Without limiting the foregoing, (i) no Bailee Collateral Agent shall have any obligation or responsibility to ensure that any Controlled Shared Collateral is genuine or owned by any of the Pulitzer Entities, (ii) no Bailee Collateral Agent shall, by reason of this Agreement, any other Security Document or any other document, have a fiduciary relationship or other implied duties in respect of any other Collateral Agent or any other Secured Party and (iii) without affecting the agreement of any Bailee Collateral Agent to act as a gratuitous bailee and sub-agent solely for the purpose set forth

 

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in paragraph (a) of this Section or the right of any other Collateral Agent to enforce the rights and exercise the remedies (in each case other than through such Bailee Collateral Agent) as set forth in Section 3.01 each Collateral Agent agrees that such Collateral Agent shall not issue any instructions to any Bailee Collateral Agent, in its capacity as a gratuitous bailee and sub-agent of such Collateral Agent, with respect to the Controlled Shared Collateral or otherwise seek to exercise control over any Bailee Collateral Agent.

(d) The Bailee Collateral Agent of any Class shall, upon the Discharge of the priority payment Lien Obligations of such Class, transfer the possession and control of the applicable Controlled Shared Collateral, together with any necessary endorsements but without recourse or warranty, to the Controlling Pari Passu Agent. In connection with any transfer under by any Bailee Collateral Agent, such Bailee Collateral Agent agrees to take all actions in its power as shall be reasonably requested by the Controlling Pari Passu Agent to permit the Controlling Pari Passu Agent to obtain, for the benefit of its Related Secured Parties, a first priority security interest in the applicable Controlled Shared Collateral.

SECTION 4.02. Delivery of Documents. Promptly after the execution and delivery to any Collateral Agent by any Pulitzer Entity of any Security Document (other than (a) any Security Document in effect on the date hereof and (b) any Additional First Lien Obligations Document referred to in paragraph (b) of Article VIII, but including any amendment, amendment and restatement, waiver or other modification of any such Security Document or Additional First Lien Obligations Document), the Pulitzer Entities shall deliver to each Collateral Agent party hereto at such time a copy of such Security Document.

SECTION 4.03. No New Liens. Until the Discharge of the Priority Payment Lien Obligations and payment in full in cash of the Pari Passu Lien Obligations has occurred, whether or not an Insolvency Proceeding has been commenced by or against any Grantor, the parties hereto agree that there shall be no Lien, and no Grantor shall have any right to create any Lien, on any assets of any Grantor securing any Priority Payment Lien Obligations or Pari Passu Lien Obligations if these same assets are not subject to, and do not become subject to, a Lien securing all the Priority Payment Lien Obligations and the Pari Passu Lien Obligations. To the extent that the foregoing provisions are not complied with for any reason, without limiting any other rights and remedies available to the Secured Parties, the parties hereto agree that any amounts received by or distributed to any of them pursuant to or as a result of Liens granted in contravention of this Section 4.03 shall be subject to Section 2.01(b).

ARTICLE V.

Insolvency Proceedings

SECTION 5.01. Filing of Motions. Until the Discharge of Priority Payment Lien Obligations, none of the Pari Passu Secured Parties, in or in connection with any Insolvency Proceeding, shall file any pleadings or motions, take any position at any hearing or proceeding of any nature, or otherwise take any action whatsoever, in each case in respect of any of the Shared Collateral, including, without limitation, with respect to the determination of any Liens or claims held by the Priority Payment Lien Secured Parties (including the validity and enforceability thereof) or the value of any claims of such parties under Section 506(a) of the Bankruptcy Code or otherwise; provided that any Pari Passu Secured Party may file a proof of claim in an Insolvency Proceeding.

 

Page 15


SECTION 5.02. Financing Matters. Until the Discharge of Priority Payment Lien Obligations, if any of the Pulitzer Entities becomes subject to an Insolvency Proceeding, and if the Revolving Collateral Agent shall desire to permit (or not object to) the use of cash collateral or to permit (or not object to) any of the Pulitzer Entities to obtain financing under Section 363 or Section 364 of the Bankruptcy Code or any similar provision of any Bankruptcy Law (“DIP Financing”), then

the Pari Passu Secured Parties (a) will be deemed to have consented to and will not object to such use of cash collateral or DIP Financing, (b) will not request or accept adequate protection or any other relief in connection with the use of such cash collateral or such DIP Financing (except to the extent permitted by Section 5.03), and, to the extent the Liens securing the Priority Payment Lien Obligations are subordinated or pari passu with such DIP Financing, or any “carve out”, the Pari Passu Secured Parties will subordinate or make pari passu its Liens in the Shared Collateral to such DIP Financing (and all obligations relating thereto) on the same basis as they are subject to the Liens securing the Priority Payment Lien Obligations, (c) will raise no objection to, and will not otherwise contest any (i) motion for relief from the automatic stay or from any injunction against foreclosure or enforcement in respect of any Priority Payment Lien Obligations or Pari Passu Lien Obligations made by the Revolving Collateral Agent.

SECTION 5.03. Relief from Automatic Stay. With respect to the Shared Collateral, until the Discharge of the Priority Payment Lien Obligations, each Pari Passu Secured Party (whether directly or through its applicable Agent) agrees not to seek relief from the automatic stay or any other stay in an Insolvency Proceeding or take any action in derogation thereof, without the prior written consent of the Revolving Collateral Agent.

SECTION 5.04. Adequate Protection. With respect to the Shared Collateral, each Pari Passu Secured Party (whether directly or through its applicable Agent) agrees not to contest (or support any Person contesting) (a) any request by the Revolving Collateral Agent or any other holder of Priority Payment Lien Obligations for adequate protection or (b) any objection by the Revolving Collateral Agent or any holder of Priority Payment Lien Obligations to any motion, relief, action or proceeding based on the Revolving Collateral Agent or such holders of Priority Payment Lien Obligations claiming a lack of adequate protection. Notwithstanding the foregoing, in any Insolvency Proceeding, if the Revolving Collateral Agent or the holders of Priority Payment Lien Obligations (or any subset thereof) are granted adequate protection in connection with any DIP Financing or use of cash collateral under Section 363 or Section 364 of the Bankruptcy Code or any similar law, then the Term Loan Collateral Agent and the Notes Collateral Agent and their Related Secured Parties shall also be granted such adequate protection which adequate protection shall be subject to the priorities set forth in Section 2.01.

 

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ARTICLE VI.

Other Agreements

SECTION 6.01. Concerning Secured Credit Documents and Shared Collateral. The Secured Credit Documents of any Class may be amended, supplemented or otherwise modified, in whole or in part, in accordance with their terms, in each case without notice to or the consent of the Collateral Agent or any Secured Parties of any other Class; provided that nothing in this paragraph shall affect any limitation on any such amendment, supplement or other modification that is set forth in the Secured Credit Documents of any such other Class.

SECTION 6.02. Refinancings. The First Lien Obligations of any Class may be Refinanced, in whole or in part, in each case, without notice to, or the consent of the Collateral Agent or any Secured Party of any other Class, all without affecting the priorities provided for herein (including, without limitation, the priority in right of payment of the Priority Payment Lien Obligations) or the other provisions hereof; provided that nothing in this paragraph shall affect any limitation on any such Refinancing that is set forth in the Secured Credit Documents of any such other Class; and provided further that, if any obligations of the Borrower or the Pulitzer Entities in respect of such Refinancing indebtedness shall be secured by Liens on any Shared Collateral, such obligations and the holders thereof shall be subject to and bound by the provisions of this Agreement and, if not already, the agent (or other representative) and collateral agent in respect of such obligations shall become a party hereto by executing and delivering a Joinder Agreement.

SECTION 6.03. Reinstatement. If, in any Insolvency Proceeding or otherwise, all or part of any payment with respect to the First Lien Obligations of any Class previously made shall be rescinded for any reason whatsoever (including an order or judgment for disgorgement of a preference under the Bankruptcy Code, or any similar law), then the terms and conditions of Article II shall be fully applicable thereto until all the First Lien Obligations of such Class shall again have been paid in full in cash.

SECTION 6.04. Reorganization Modifications. In the event the First Lien Obligations of any Class are modified pursuant to applicable law, including Section 1129 of the Bankruptcy Code, any reference to the First Lien Obligations of such Class or the Secured Credit Documents of such Class shall refer to such obligations or such documents as so modified.

SECTION 6.05. Further Assurances. Each of the Collateral Agents, the Borrower and the Pulitzer Entities agrees that it will execute, or will cause to be executed, any and all further documents, agreements and instruments, and take all such further actions, as may be required under any applicable law, or which any Collateral Agent may reasonably request in writing, to effectuate the terms of this Agreement.

ARTICLE VII.

No Reliance; No Liability

SECTION 7.01. No Reliance; Information. Each Collateral Agent, for itself and on behalf of its Related Secured Parties, acknowledges that (a) such Collateral Agent and its Related Secured Parties have, independently and without reliance upon any other Collateral Agent or any of its Related Secured Parties, and based on such documents and information as they have deemed appropriate, made their own decision to enter into the Secured Credit Documents to

 

Page 17


which they are party and (b) such Collateral Agent and its Related Secured Parties will, independently and without reliance upon any other Collateral Agent or any of its Related Secured Parties, and based on such documents and information as they shall from time to time deem appropriate, continue to make their own decision in taking or not taking any action under this Agreement or any other Secured Credit Document to which they are party. The Collateral Agent or Secured Parties of any Class shall have no duty to disclose to any Collateral Agent or any Secured Party of any other Class any information relating to the Borrower or the Pulitzer Entities, or any other circumstance bearing upon the risk of nonpayment of any of the First Lien Obligations, that is known or becomes known to any of them or any of their Affiliates. If the Collateral Agent or any Secured Party of any Class, in its sole discretion, undertakes at any time or from time to time to provide any such information to, as the case may be, the Collateral Agent or any Secured Party of any other Class, it shall be under no obligation (i) to make, and shall not be deemed to have made, any express or implied representation or warranty, including with respect to the accuracy, completeness, truthfulness or validity of the information so provided, (ii) to provide any additional information or to provide any such information on any subsequent occasion or (iii) to undertake any investigation.

SECTION 7.02. No Warranties or Liability.

(a) Each Collateral Agent, for itself and on behalf of its Related Secured Parties, acknowledges and agrees that no Collateral Agent or Secured Party of any other Class has made any express or implied representation or warranty, including with respect to the execution, validity, legality, completeness, collectability or enforceability of any of the Secured Credit Documents, the ownership of any Shared Collateral or the perfection or priority of any Liens thereon. The Collateral Agent and the Secured Parties of any Class will be entitled to manage and supervise their loans and other extensions of credit in the manner determined by them. No Agent shall, by reason of this Agreement, any other Security Document or any other document, have a fiduciary relationship or other implied duties in respect of any other Agent or any other Secured Party.

(b) No Collateral Agent or Secured Parties of any Class shall have any express or implied duty to the Collateral Agent or any Secured Party of any other Class to act or refrain from acting in a manner that allows, or results in, the occurrence or continuance of a default or an Event of Default under any Secured Credit Document (other than, in each case, this Agreement), regardless of any knowledge thereof that they may have or be charged with.

ARTICLE VIII.

Additional First Lien Obligations

The Borrower may from time to time, subject to any limitations contained in any Secured Credit Documents in effect at such time, designate additional indebtedness and related obligations that are, or are to be, secured by Liens on any assets of the Pulitzer Entities that would, if such Liens were granted, constitute Shared Collateral as Additional First Lien Obligations by delivering to each Collateral Agent party hereto at such time a certificate of an Authorized Officer of the Borrower:

(a) describing the indebtedness and other obligations being designated as Additional First Lien Obligations, and including a statement of the maximum aggregate outstanding principal amount of such indebtedness as of the date of such certificate;

 

Page 18


(b) setting forth the Additional First Lien Obligations Documents under which such Additional First Lien Obligations are issued or incurred or the guarantees of or Liens securing such Additional First Lien Obligations are, or are to be, granted or created, and attaching copies of such Additional First Lien Obligations Documents as each Pulitzer Entity has executed and delivered to the Person that serves as the agent, trustee or similar representative and the collateral agent, collateral trustee or a similar representative for the holders of such Additional First Lien Obligations (such Person being referred to as the “Additional Agent”) with respect to such Additional First Lien Obligations on the closing date of such Additional First Lien Obligations, certified as being true and complete by an Authorized Officer of the Borrower;

(c) identifying any such Person that serves as the Additional Agent;

(d) certifying that the incurrence of such Additional First Lien Obligations, the creation of the Liens securing such Additional First Lien Obligations and the designation of such Additional First Lien Obligations as “Additional First Lien Obligations” hereunder do not violate or result in a default under any provision of any Secured Credit Document of any Class in effect at such time;

(e) identifying such Additional First Lien Obligations as either Priority Payment Lien Obligations or Pari Passu Lien Obligations, or for purposes of Section 3.01 the type of Priority Payment Lien Obligations (whether under the Revolving Credit Facility, Cash Management Obligations or Hedging Obligations), and if identified as Priority Payment Lien Obligations, certifying that the designation of such Additional First Lien Obligations as Priority Payment Lien Obligations does not violate or result in a default under any provision of any Secured Credit Document of any Class in effect at such time;

(f) authorize the Additional Agent to become a party hereto by executing and delivering a Joinder Agreement and provide that, upon such execution and delivery, such Additional First Lien Obligations and the holders thereof shall become subject to and bound by the provisions of this Agreement; and

(g) attaching a fully completed Joinder Agreement executed and delivered by the Additional Agent.

Upon the delivery of such certificate and the related attachments as provided above and as so long as the statements made therein are true and correct as of the date of such certificate, the obligations designated in such notice shall become Additional First Lien Obligations for all purposes of this Agreement and, in respect of any such Additional First Lien Obligations that Refinances in full then existing Priority Payment Lien Obligations in respect of the Revolving Credit Facility, such Additional First Lien Obligations shall constitute Priority Payment Lien Obligations in respect of the Revolving Credit Facility, the agreement therefor shall be the Revolving Credit Facility and the Collateral Agent in respect thereof shall be the Revolving Collateral Agent, in each case for all purposes under this Agreement.

 

Page 19


ARTICLE IX.

Miscellaneous

SECTION 9.01. Notices. Unless otherwise specifically provided herein, any notice or other communication herein required or permitted to be given shall be in writing and may be personally served, telecopied, or sent by electronic transmission, overnight express courier service or United States mail and shall be deemed to have been given when delivered in person or by courier service, upon receipt of a telecopy or other electronic transmission or five days after deposit in the United States mail (certified, with postage prepaid and properly addressed). For the purposes hereof, the address of each party hereto is as follows:

 

  (a) if to Borrower, to it at:

Lee Enterprises, Incorporated

201 N. Harrison Street, Suite 600

Davenport, IA, 52801

Attention: Vice President, Chief Financial Officer and Treasurer

Facsimile: 563-327-2600

E-mail: ron.mayo@lee.net

With a copy to:

Lane & Waterman LLP

220 N. Main Street, Suite 600

Davenport, IA, 52801

Attention: C. D. Waterman III

Facsimile: 563-324-1616

E-mail: dwaterman@l-wlaw.com;

 

  (b) if to any Pulitzer Entity, to it at:

Lee Enterprises, Incorporated

201 N. Harrison Street, Suite 600

Davenport, IA, 52801

Attention: Vice President, Chief Financial Officer and Treasurer

Facsimile: 563-327-2600

E-mail: ron.mayo@lee.net

With a copy to:

Lane & Waterman LLP

220 N. Main Street, Suite 600

Davenport, IA, 52801

Attention: C. D. Waterman III

Facsimile: 563-324-1616

E-mail: dwaterman@l-wlaw.com;

 

Page 20


  (c) if to the Revolving Agent and the Revolving Collateral Agent, to it at:

JPMorgan Chase Bank, N.A.

500 Stanton Christiana Road, Ops 2 Floor 3

Newark, DE 19713

Attention: Dimple Patel

Telephone: 302-634-4154

Telecopy: 302-634-3301

E-mail: dimple.x.patel@jpmorgan.com

With a copy to:

JPMorgan Chase Bank, N.A.

500 Stanton Christiana Road, Ops 2 Floor 3

Newark, DE 19713

Attention: Neer Reibenbach

Telephone: 302-634-1678

Telecopy: 302-634-3301

E-mail: neer.reibenbach@jpmorgan.com

With a copy to:

JPMorgan Chase Bank, N.A

383 Madison Avenue, 24th Floor

New York, NY 10179

Attention: Timothy Lee

Telephone: 212-270-2282

Telecopy: 212-270-5100

E-mail: timothy.d.lee@jpmorgan.com;

 

  (d) if to the Term Loan Agent and Term Loan Collateral Agent, to it at:

JPMorgan Chase Bank, N.A.

500 Stanton Christiana Road, Ops 2 Floor 3

Newark, DE 19713

Attention: Dimple Patel

Telephone: 302-634-4154

Telecopy: 302-634-3301

E-mail: dimple.x.patel@jpmorgan.com

 

Page 21


With a copy to:

JPMorgan Chase Bank, N.A.

500 Stanton Christiana Road, Ops 2 Floor 3

Newark, DE 19713

Attention: Neer Reibenbach

Telephone: 302-634-1678

Telecopy: 302-634-3301

E-mail: neer.reibenbach@jpmorgan.com

With a copy to:

JPMorgan Chase Bank, N.A

383 Madison Avenue, 24th Floor

New York, NY 10179

Attention: Timothy Lee

Telephone: 212-270-2282

Telecopy: 212-270-5100

E-mail: timothy.d.lee@jpmorgan.com;

 

  (e) if to the Notes Trustee, to it at:

U.S. Bank National Association

60 Livingston Avenue

St. Paul, Minnesota 55107

Attention: Global Corporate Trust Services

Facsimile: 651-466-7430;

 

  (f) if to the Notes Collateral Agent, to it at:

Deutsche Bank Trust Company Americas Trust and Agency Services

60 Wall Street, 16th Floor

NYC60-1630

New York, New York 10005

Attention: Corporates Team, Lee Enterprises, Incorporated

Facsimile: 732-578-4635

With a copy to:

Deutsche Bank Trust Company Americas

c/o Deutsche Bank National Trust Company Trust and Agency Services

100 Plaza One, 6th Floor

MSJCY03-0699

Jersey City, NJ 07311-3901

Attention: Corporates Team, Lee Enterprises, Incorporated

Facsimile: 732-578-4635; and

(g) if to any Additional Agent, to it at the address set forth in the applicable Joinder Agreement. Any party hereto may change its information for notices and other communications hereunder by notice to the other parties hereto.

 

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SECTION 9.02. Waivers; Amendment; Joinder Agreements.

(a) No failure or delay on the part of any party hereto in exercising any right or power hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other right or power. The rights and remedies of the parties hereto are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by any party therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice or demand on any party hereto in any case shall entitle such party to any other or further notice or demand in similar or other circumstances.

(b) Neither this Agreement nor any provision hereof may be waived, amended or otherwise modified except as contemplated by the Secured Credit Documents and then pursuant to an agreement or agreements in writing entered into by each Collateral Agent then party hereto; provided that no such agreement shall by its terms amend, modify or otherwise affect the rights or obligations of any Pulitzer Entity without such Pulitzer Entity’s prior written consent; provided further that (i) without the consent of any party hereto, (A) this Agreement may be supplemented by a Joinder Agreement, and an Additional Agent may become a party hereto, in accordance with Article VIII and (B) this Agreement may be supplemented by a Pulitzer Entity Joinder Agreement, and a Subsidiary may become a party hereto, in accordance with Section 9.12, and (ii) in connection with any Refinancing of First Lien Obligations of any Class, the Collateral Agents then party hereto shall enter (and are hereby authorized to enter without the consent of any other Secured Party), at the request of any Collateral Agent or the Borrower, into such amendments or modifications of this Agreement as are reasonably necessary to reflect such Refinancing and are reasonably satisfactory to each such Collateral Agent.

SECTION 9.03. Parties in Interest. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, as well as the other Secured Parties, all of whom are intended to be bound by, and to be third party beneficiaries of, this Agreement. No other Person shall have or be entitled to assert rights or benefits hereunder.

SECTION 9.04. Effectiveness; Survival. This Agreement shall become effective when executed and delivered by the parties hereto. All covenants, agreements, representations and warranties made by any party in this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement. This Agreement shall continue in full force and effect notwithstanding the commencement of any Insolvency Proceeding against the Borrower or any of the Pulitzer Entities.

SECTION 9.05. Counterparts. This Agreement may be executed in counterparts, each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile or other electronic transmission shall be as effective as delivery of a manually signed counterpart of this Agreement.

 

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SECTION 9.06. Severability. Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.

SECTION 9.07. Governing Law; Jurisdiction; Consent to Service of Process.

(a) This Agreement shall be construed in accordance with and governed by the law of the State of New York, except to the extent that remedies provided by the laws of any jurisdiction other than the State of New York are governed by the laws of such jurisdiction.

(b) Each party hereto irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the Supreme Court of the State of New York sitting in the Borough of Manhattan, New York County and of the United States District Court of the Southern District of New York sitting in the Borough of Manhattan, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such Federal court. Each party hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that any party hereto or any Secured Party may otherwise have to bring any action or proceeding relating to this Agreement against any party hereto or its properties in the courts of any jurisdiction.

(c) Each party hereto irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement in any court referred to in paragraph (b) of this Section. Each party hereto irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.

(d) Each party hereto irrevocably consents to service of process in the manner provided for notices in Section 9.01, such service to be effective upon receipt. Nothing in this Agreement will affect the right of any party hereto or any Secured Party to serve process in any other manner permitted by law.

SECTION 9.08. WAIVER OF JURY TRIAL. EACH PARTY HERETO WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR

 

Page 24


INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HERETO HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

SECTION 9.09. Headings. Article and Section headings used herein are for convenience of reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement.

SECTION 9.10. Conflicts. In the event of any conflict or inconsistency between the provisions of this Agreement and the provisions of any other Secured Credit Documents, the provisions of this Agreement shall control.

SECTION 9.11. Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Secured Parties in relation to one another. Except as expressly provided in this Agreement, none of the Borrower, any of the Pulitzer Entities or any other creditor of any of the foregoing, shall have any rights or obligations hereunder, and none of the Pulitzer Entities or the Borrower may rely on the terms hereof. Nothing in this Agreement is intended to or shall impair the obligations of the Borrower or any Pulitzer Entity, which are absolute and unconditional, to pay the First Lien Obligations as and when the same shall become due and payable in accordance with their terms. For the avoidance of doubt, nothing contained herein shall be construed to constitute a waiver or an amendment of any covenant of any Pulitzer Entity contained in any Secured Credit Document, which restricts the incurrence of any indebtedness or the grant of any Lien.

SECTION 9.12. Additional Pulitzer Entities. In the event any Pulitzer Entity shall have granted a Lien on any of its assets to secure any First Lien Obligations, the Borrower shall cause such Pulitzer Entity, if not already a party hereto, to become a party hereto as a “Pulitzer Entity”. Upon the execution and delivery by any Pulitzer Entity of a Pulitzer Joinder Agreement, any such Pulitzer Entity shall become a party hereto and a Pulitzer Entity hereunder with the same force and effect as if originally named as such herein. The execution and delivery of any such instrument shall not require the consent of any other party hereto. The rights and obligations of each party hereto shall remain in full force and effect notwithstanding the addition of any new Pulitzer Entity as a party to this Agreement.

SECTION 9.13. Specific Performance. Each Collateral Agent, on behalf of itself and its Related Secured Parties, may demand specific performance of this Agreement. Each Collateral Agent, on behalf of itself and its Related Secured Parties, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action which may be brought by the Secured Parties.

 

Page 25


SECTION 9.14. Integration. This Agreement, together with the other Secured Credit Documents, represents the agreement of each of the Pulitzer Entities, the Borrower and the Secured Parties with respect to the subject matter hereof and there are no promises, undertakings, representations or warranties by any Pulitzer Entity, any Collateral Agent or any other Secured Party relative to the subject matter hereof not expressly set forth or referred to herein or in the other Secured Credit Documents.

SECTION 9.15. Trustee Capacity. It is expressly understood and agreed by the parties hereto that (a) this Agreement is executed and delivered by U.S. Bank National Association, not individually or personally or in its corporate capacity, but solely in its capacity as Notes Trustee under the Notes Indenture, and (b) under no circumstances shall U.S. Bank National Association be individually or personally or in its corporate capacity, liable for the payment of any indebtedness or expenses owed to any party under this Agreement, the Notes Documents, the Secured Credit Documents or the Security Documents.

[signature page follows]

 

Page 26


IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the day and year first above written.

 

JPMORGAN CHASE BANK, N.A., as Revolving Agent and
Revolving Collateral Agent
By:

/s/ Timothy D. Lee 

Name: Timothy D. Lee
Title: Vice President
JPMORGAN CHASE BANK, N.A., as Term Loan Agent and
Term Loan Collateral Agent
By:

/s/ Timothy D. Lee 

Name: Timothy D. Lee
Title: Vice President
U.S. BANK NATIONAL ASSOCIATION, not inits individual capacity, but solely in its capacity as Notes Trustee
By:

/s/ Raymond S. Haverstock 

Name: Raymond S. Haverstock
Title: Vice President
DEUTSCHE BANK TRUST COMPANY AMERICAS, as Notes Collateral Agent
By:

/s/ Chris Niesz 

Name: Chris Niesz
Title: Assistant Vice President

 

Page 27


LEE ENTERPRISES, INCORPORATED
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary
PULITZER INC.
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary
FLAGSTAFF PUBLISHING CO.
HANFORD SENTINEL INC.
NAPA VALLEY PUBLISHING CO.
PANTAGRAPH PUBLISHING CO.
PULITZER MISSOURI NEWSPAPERS, INC.
PULITZER NEWSPAPERS, INC.
PULITZER TECHNOLOGIES, INC.
SANTA MARIA TIMES, INC.
SOUTHWESTERN OREGON PUBLISHING CO.
STAR PUBLISHING COMPANY
YNEZ CORPORATION
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary
FAIRGROVE LLC
By: ST. LOUIS POST-DISPATCH LLC,
Managing Member
By: PULITZER INC., Managing Member
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary

 

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AMPLIFIED DIGITAL, LLC
ST. LOUIS POST-DISPATCH LLC
STL DISTRIBUTION SERVICES LLC
SUBURBAN JOURNALS OF GREATER ST.
LOUIS LLC
PULITZER NETWORK SYSTEMS LLC,
By: PULITZER INC., Managing Member
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary

 

Page 29


EXHIBIT A

FORM OF

PULITZER PARI PASSU INTERCREDITOR AGREEMENT JOINDER

ADDITIONAL AGENT

Reference is made to the Pulitzer Pari Passu Intercreditor Agreement dated as of June 25, 2015 (as amended, supplemented, amended and restated or otherwise modified and in effect from time to time, the “Pari Passu Intercreditor Agreement”) among LEE ENTERPRISES, INCORPORATED, a Delaware corporation, PULITZER INC., a Delaware corporation, each of Pulitzer’s direct or indirect subsidiaries party thereto, JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Revolving Credit Facility and as collateral agent for the Revolving Secured Parties, JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Term Loan Facility and as collateral agent for the Term Loan Secured Parties, U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity, but solely in its capacity as Trustee under the Notes Indenture, and DEUTSCHE BANK TRUST COMPANY AMERICAS, as collateral agent for the Notes Secured Parties. Capitalized terms used but not otherwise defined herein shall have the meaning set forth in the Pari Passu Intercreditor Agreement. This Pari Passu Intercreditor Agreement Joinder is being executed and delivered pursuant to Article VIII of the Pari Passu Intercreditor Agreement.

Joinder. By executing and delivering this Pari Passu Intercreditor Agreement Joinder, the undersigned as Additional Agent in its capacity as [[Administrative Agent/Trustee/other representaive] and as [Collateral Agent/Collateral Trustee/other representative] for holders of Additional First Lien Obligations pursuant to [identify Additional First Lien Obligations Documents] agrees, on its own behalf and on behalf of such holders of Additional First Lien Obligations, to be bound by all the terms and provisions of the Pari Passu Intercreditor Agreement as an Agent, as fully as if the undersigned had executed and delivered the Pari Passu Intercreditor Agreement as of the date thereof.

Governing Law. This Pari Passu Intercreditor Agreement Joinder shall be construed in accordance and governed by the law of the State of New York.


EXHIBIT A

IN WITNESS WHEREOF, the parties hereto have caused this Pari Passu Intercreditor Agreement Joinder to be executed as of                             , 20        .

 

[                                                                                      ]
By:

 

Name:
Title:


EXHIBIT B

FORM OF

PULITZER PARI PASSU INTERCREDITOR AGREEMENT JOINDER

ADDITIONAL GRANTOR

Reference is made to the Pulitzer Pari Passu Intercreditor Agreement dated as of June 25, 2015 (as amended, supplemented, amended and restated or otherwise modified and in effect from time to time, the “Pari Passu Intercreditor Agreement”) among LEE ENTERPRISES, INCORPORATED, a Delaware corporation, PULITZER INC., a Delaware corporation, each of Pulitzer’s direct or indirect subsidiaries party thereto,, JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Revolving Credit Facility and as collateral agent for the Revolving Secured Parties, JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Term Loan Facility and as collateral agent for the Term Loan Secured Parties, U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity, but solely in its capacity as Trustee under the Notes Indenture, and DEUTSCHE BANK TRUST COMPANY AMERICAS, as collateral agent for the Notes Secured Parties. Capitalized terms used but not otherwise defined herein shall have the meaning set forth in the Pari Passu Intercreditor Agreement. This Pari Passu Intercreditor Agreement Joinder is being executed and delivered pursuant to Section 9.12 of the Pari Passu Intercreditor Agreement.

Joinder. By executing and delivering this Pari Passu Intercreditor Agreement Joinder, the undersigned,                                         , a                         , hereby agrees to become party as a Grantor under the Pari Passu Intercreditor Agreement for all purposes thereof on the terms set forth therein, and to be bound by the terms of the Pari Passu Intercreditor Agreement as fully as if the undersigned had executed and delivered the Pari Passu Intercreditor Agreement as of the date thereof.

Governing Law. This Pari Passu Intercreditor Agreement Joinder shall be construed in accordance and governed by the law of the State of New York.


EXHIBIT B

IN WITNESS WHEREOF, the parties hereto have caused this Pari Passu Intercreditor Agreement Joinder to be executed as of                                         , 20            .

 

[                                                                                  ]
By:

 

Name:
Title:
Form 8-K

Exhibit 10.4

PULITZER JUNIOR INTERCREDITOR AGREEMENT

THIS PULITZER JUNIOR INTERCREDITOR AGREEMENT dated as of June 25, 2015 (this “Agreement”), among LEE ENTERPRISES, INCORPORATED, a Delaware corporation (the “Borrower”), PULITZER INC., a Delaware corporation (“Pulitzer”), each of Pulitzer’s direct or indirect subsidiaries party hereto (together with Pulitzer, the “Pulitzer Entities”), WILMINGTON TRUST, NATIONAL ASSOCIATION, as administrative agent under the Lee Second Lien Loan Agreement (together with its successors and assigns, in such capacity, the “Pulitzer First Priority Agent”) and as collateral agent for the First Lien Secured Parties (together with its successors and assigns, in such capacity, the “Pulitzer First Priority Collateral Agent”), JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Revolving Credit Facility (together with its successors and assigns, in such capacity, the “Revolving Agent”) and as collateral agent with respect to the Revolving Credit Facility (together with its successors and assigns, in such capacity, the “Revolving Collateral Agent”), JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Pari Passu Facility (together with its successors and assigns in such capacity, the “Pari Passu Agent”) and as collateral agent with respect to the Pari Passu Facility (together with its successors and assigns, in such capacity, the “Pari Passu Collateral Agent”), and U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity, but solely in its capacity as Trustee under the Notes Indenture (together with its successors and assigns, in such capacity, the “Notes Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, as collateral agent for with respect to the Notes (together with its successors and assigns, in such capacity, the “Notes Collateral Agent”).

WHEREAS, the Borrower, the Pulitzer First Priority Agent, the Pulitzer First Priority Collateral Agent and certain financial institutions and other entities are parties to the Second Lien Loan Agreement dated as of March 31, 2014 (the “Lee Second Lien Credit Agreement”), pursuant to which such financial institutions and other entities have agreed to make term loans to the Borrower;

WHEREAS, the Borrower, the Revolving Agent, the Revolving Collateral Agent and certain financial institutions and other entities are parties to a Revolving Credit Facility pursuant to which such financial institutions and other entities have agreed to make revolving loans and extend other financial accommodations to the Borrower;

WHEREAS, the Borrower, the Pari Passu Agent, the Pari Passu Collateral Agent and certain financial institutions and other entities are parties to a Pari Passu Facility pursuant to which such financial institutions and other entities have agreed to make term loans to the Borrower;

WHEREAS, the Borrower, the other Grantors party thereto, as guarantors, and the Notes Trustee are parties to the Indenture dated as of March 31, 2014 (the “Notes Indenture”), pursuant to which the Borrower has agreed to issue senior secured notes due 2022 (the “Notes”);

 

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WHEREAS, the Borrower and the other Grantors have granted to the Pulitzer First Priority Secured Parties security interests in the Common Collateral as security for payment and performance of the Pulitzer First Priority Obligations; and

WHEREAS, the Borrower and the other Grantors have granted to the Pulitzer Second Priority Secured Parties security interests in the Common Collateral as security for payment and performance of the Pulitzer Second Priority Obligations.

NOW THEREFORE, in consideration of the foregoing and the mutual covenants herein contained and other good and valuable consideration, the existence and sufficiency of which is expressly recognized by all of the parties hereto, the parties agree as follows:

Section 1. Definitions.

1.1 Defined Terms. The following terms, as used herein, have the following meanings:

Additional Agent” has the meaning set forth in Section 9.3(a).

Additional Pulitzer First Priority Agreement” means any agreement designated as such in writing by the Borrower; provided that (a) the obligations incurred pursuant to such agreement are permitted to be incurred and secured on a pari passu basis with the then extant Pulitzer First Priority Obligations by the terms of each then extant Pulitzer First Priority Agreement and Pulitzer Second Priority Agreement and (b) the Borrower shall have delivered to each Collateral Agent (i) true and complete copies of such agreement and security documents relating to such agreement, certified as being true and correct by an Authorized Officer of the Borrower and (ii) a certificate of an Authorized Officer of the Borrower describing the obligations incurred pursuant to such agreement to be designated as additional Pulitzer First Priority Obligations and the initial aggregate principal amount or face amount thereof, together with the aggregate commitments thereunder, and certifying that such obligations are permitted to be incurred and secured on a pari passu basis with the then extant Pulitzer First Priority Obligations by the terms of each then extant Pulitzer First Priority Agreement and Pulitzer Second Priority Agreement.

Additional Pulitzer Second Priority Agreement” means any agreement designated as such in writing by the Borrower; provided that (a) the obligations incurred pursuant to such agreement are permitted to be incurred and secured on a pari passu basis with the then extant Pulitzer Second Priority Obligations by the terms of each then extant Pulitzer First Priority Agreement and Pulitzer Second Priority Agreement and (b) the Borrower shall have delivered to each Collateral Agent (i) true and complete copies of such agreement and security documents relating to such agreement, certified as being true and correct by an Authorized Officer of the Borrower and (ii) a certificate of an authorized officer describing the obligations incurred pursuant to such agreement to be designated as additional Pulitzer Second Priority Obligations and the initial aggregate principal amount or face amount thereof, together with the aggregate commitments thereunder, and certifying that such obligations are permitted to be incurred and secured on a pari passu basis with the then extant Pulitzer Second Priority Obligations by the terms of each then extant Pulitzer First Priority Agreement and Pulitzer Second Priority Agreement.

 

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Affiliate” means, of any specified Person means any other Person, directly or indirectly, controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

Agent Joinder Agreement” means a supplement to this Agreement substantially in the form of Exhibit A, appropriately completed.

Agents” means the collective reference to the Revolving Agent, the Pari Passu Agent, the Notes Trustee, the Pulitzer First Priority Agent, the Additional Agents and the Collateral Agents.

Agreement” has the meaning assigned to such term in the preamble hereto.

Authorized Officer” means, with respect to any Person, the chief executive officer, chief financial officer, principal accounting officer, any vice president, treasurer, general counsel or another executive officer of such Person.

Bailee Collateral Agent” has the meaning assigned to such term in Section 2.3(b).

Bankruptcy Code” means Title 11 of the United States Code, as amended.

Bankruptcy Law” means the Bankruptcy Code and any similar federal, state or foreign law for relief of debtors.

Borrower” has the meaning ascribed to such term in the preamble.

Collateral Agents” means, collectively, the Revolving Collateral Agent, the Pari Passu Collateral Agent, the Notes Collateral Agent, the Pulitzer First Priority Collateral Agent and any Additional Agent.

Common Collateral” means all assets that are both Pulitzer First Priority Collateral and Pulitzer Second Priority Collateral.

Comparable Pulitzer Second Priority Security Document” means, in relation to any Common Collateral subject to any Pulitzer First Priority Security Document, the Pulitzer Second Priority Security Document that creates a security interest in the same Common Collateral and granted by the same Grantor.

Controlled Common Collateral” has the meaning assigned to such term in Section 2.3(b).

DIP Financing” has the meaning assigned to such term in Section 5.2.

 

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Discharge of Pulitzer First Priority Obligations” means, subject to any reinstatement of Pulitzer First Priority Obligations in accordance with this Agreement payment in full in cash of the principal of and interest (including Post Petition Interest) and premium, if any that is then due and payable, on all Pulitzer First Priority Obligations and termination of all commitments of the Pulitzer First Priority Secured Parties to lend or otherwise extend credit under the Pulitzer First Priority Documents.

Enforcement Action” means, with respect to the Pulitzer First Priority Obligations or the Pulitzer Second Priority Obligations, the exercise of any rights and remedies with respect to any Common Collateral securing such obligations or the commencement or prosecution of enforcement of any of the rights and remedies as a secured creditor under, as applicable, the Pulitzer First Priority Security Documents or the Pulitzer Second Priority Security Documents, or applicable law, including, without limitation, (a) any rights of set-off or recoupment, (b) any right to credit bid debt, and the exercise of any rights or remedies of a secured creditor under the Uniform Commercial Code of any applicable jurisdiction or under the Bankruptcy Code and (c) the commencement of any judicial or nonjudicial foreclosure proceedings with respect to, attempting any action to take possession of, any Common Collateral, or exercising any right, remedy or power with respect to, or otherwise taking any action to enforce their rights or interests in or realize upon the Common Collateral.

Enforcement Notice” has the meaning assigned to such term in Section 3.5(a).

Event of Default” means an “Event of Default” (or similar event, however denominated) as defined in any Secured Document.

Governmental Authority” means any federal, state, local or foreign court or governmental agency, authority, instrumentality or regulatory body.

Grantor” means (a) each Pulitzer Entity and (b) any other Person (other than a Lee Entity) in which the Borrower or any other Pulitzer Entity holds an ownership interest, in each case (a) through (b), that is, at any time of determination, a party to any Pulitzer First Priority Security Document or Pulitzer Second Priority Security Document.

Grantor Joinder Agreement” has the meaning assigned to such term in Section 9.13.

Insolvency Proceeding” means (a) any voluntary or involuntary case or proceeding under the Bankruptcy Code with respect to the Borrower or any Grantor, (b) any other voluntary or involuntary insolvency, reorganization or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding with respect to the Borrower or any Grantor or with respect to a material portion of its respective assets, (c) any liquidation, dissolution, reorganization or winding up of the Borrower or any Grantor, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (d) any assignment for the benefit of creditors or any other marshalling of assets and liabilities of the Borrower or any Grantor.

Lee Entity” means the Borrower and its subsidiaries other than any of the Pulitzer Entities.

 

Page 4


Lee First Lien Credit Agreement” means the First Lien Credit Agreement dated as of March 31, 2014, by and among the Borrower, the lenders party thereto in their capacities as lenders thereunder and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, as amended in accordance with the terms of this Agreement and the Secured Documents and including any Replacement Second Priority Agreement in respect of the foregoing. For the avoidance of doubt, to the extent any portion of any indebtedness (including, the Revolving Facility and/or the Term Facility) under the Lee First Lien Credit Agreement in effect as of the date hereof is replaced, consolidated, restructured or refinanced in whole or in part under one or more separate agreements, successor agreements or replacement agreements, all such agreements for purposes of this Agreement shall be deemed a “Lee First Lien Credit Agreement”.

Lee Second Lien Loan Agreement” has the meaning assigned to such term in the recitals.

Lien” means, with respect to any asset, any mortgage, lien (statutory or otherwise), pledge, hypothecation, charge, security interest or encumbrance of any kind in respect of such asset, in each case in the nature of security, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement, any lease in the nature thereof or sale/leaseback, any option or other agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction.

Notes” has the meaning assigned to such term in the recitals.

Notes Collateral Agent” has the meaning ascribed to such term in the preamble.

Notes Indenture” has the meaning assigned to such term in the recitals.

Notes Trustee” has the meaning assigned to such term in the recitals.

Pari Passu Agent” has the meaning ascribed to such term in the preamble.

Pari Passu Collateral Agent” has the meaning ascribed to such term in the preamble.

Pari Passu Facility” means the Term Loan Facility (as defined in the Lee First Lien Credit Agreement) under the Lee First Lien Credit Agreement dated as of March 31, 2014, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder (whether or not with the original administrative agent, holders, lenders, investors, underwriters, agents or other parties), including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof.

Person” means any individual, corporation, company, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization, government or any agency or political subdivision hereof or any other entity.

 

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Post-Petition Interest” means in respect of any indebtedness (a) all interest accrued or accruing, or which would accrue, absent commencement of an Insolvency Proceeding (and the effect of provisions such as Section 502(b)(2) of the Bankruptcy Code), on or after the commencement of an Insolvency Proceeding in accordance with the rate specified in the applicable agreement with respect to such indebtedness, whether or not the claim for such interest is allowed or allowable as a claim in such Insolvency Proceeding, and (b) any and all fees and expenses (including attorneys’ and/or financial consultants’ fees and expenses) incurred by the secured parties and payable by a Grantor under a Pulitzer First Priority Document in respect of such indebtedness on or after the commencement of an Insolvency Proceeding, whether or not the claim for fees and expenses is allowed or allowable under Section 502 or 506(b) of the Bankruptcy Code or any other provision of the Bankruptcy Code or any similar federal, state or foreign law for the relief of debtors as a claim in such Insolvency Proceeding.

Pulitzer Entities” has the meaning assigned to such term in the preamble.

Pulitzer First Priority Agent has the meaning ascribed to such term in the preamble.

Pulitzer First Priority Agreement” means the collective reference to (a) the Lee Second Lien Loan Agreement (b) any Additional Pulitzer First Priority Agreement and (c) any Replacement Pulitzer First Priority Agreement. Except as otherwise expressly provided herein, any reference to the Pulitzer First Priority Agreement hereunder shall be deemed a reference to any Pulitzer First Priority Agreement then extant.

Pulitzer First Priority Collateral” means all assets, whether now owned or hereafter acquired by any Grantor, in which a Lien is granted or purported to be granted to any Pulitzer First Priority Secured Party as security for any Pulitzer First Priority Obligation.

Pulitzer First Priority Collateral Agent” has the meaning ascribed to such term in the preamble.

Pulitzer First Priority Documents” means, collectively, the Pulitzer First Priority Agreement, each Pulitzer First Priority Security Document, and each Pulitzer First Priority Guarantee and each of the other agreements, documents, and instruments providing for or evidencing any other Pulitzer First Priority Obligation (including any intercreditor or joinder agreement among holders of Pulitzer First Priority Obligations), to the extent such are effective at the relevant time.

Pulitzer First Priority Guarantees” means any guarantee by any Grantor of any or all of the Pulitzer First Priority Obligations.

Pulitzer First Priority Lien” means any Lien on any asset of any Grantor created by the Pulitzer First Priority Security Documents.

Pulitzer First Priority Obligations” mean (a) all “Obligations” under, and as defined in, the Pulitzer First Priority Security Documents and (b) with respect to each other Pulitzer First Priority Agreement (i) all principal of, and interest (including without limitation any Post-Petition Interest) and premium (if any) on, all loans made or other indebtedness (contingent or otherwise) of any Loan Party issued or incurred pursuant to the Pulitzer First Priority Agreement,

 

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(ii) all guarantee obligations of, or fees, expenses and other amounts payable by any Grantor from time to time pursuant to the Pulitzer First Priority Security Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding. To the extent any payment with respect to any Pulitzer First Priority Obligation (whether by or on behalf of any Grantor, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any Pulitzer Second Priority Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the Pulitzer First Priority Secured Parties and the Pulitzer Second Priority Secured Parties, be deemed to be reinstated and outstanding as if such payment had not occurred.

Notwithstanding the foregoing contained in this defined term of Pulitzer First Priority Obligations, if the principal amount outstanding under the Pulitzer First Priority Documents (such amount, the “Pulitzer First Priority Outstanding Amount”) exceeds the Pulitzer Maximum First Priority Amount, then only that portion of the Pulitzer First Priority Outstanding Amount equal to the Pulitzer Maximum First Priority Amount shall be Pulitzer First Priority Obligations and interest with respect to the Pulitzer First Priority Outstanding Amount shall only constitute Pulitzer First Priority Obligations to the extent related to the Pulitzer First Priority Outstanding Amount.

Pulitzer First Priority Representative” means, at the time of determination, the Collateral Agent for the applicable First Lien Obligations. On the date hereof, the Pulitzer First Priority Representative is the Pulitzer First Priority Agent.

Pulitzer First Priority Secured Parties” means, collectively, the Pulitzer First Priority Agent, the Pulitzer First Priority Collateral Agent, the Pulitzer First Priority Representative and any other holders of Pulitzer First Priority Obligations in such capacity.

Pulitzer First Priority Security Documents” means the “Security Documents” as defined in the Lee Second Lien Loan Agreement and any other documents that are designated under any Pulitzer First Priority Agreement as “Pulitzer First Priority Security Documents” for purposes of this Agreement, in each case solely to the extent they relate to the Grantors (and not, for the avoidance of doubt, to the extent they relate to any Lee Entities, if applicable).

Pulitzer Maximum First Priority Amount” shall mean $150.0 million, less the aggregate amount of any payments of principal of Pulitzer First Priority Obligations (other than to the extent such payment constitutes a refinancing in full of such principal), plus the aggregate amount of premium and interest payable in respect of the foregoing.

Pulitzer Pari Passu Intercreditor Agreement” has the meaning set forth in Section 9.1 hereof.

Pulitzer Second Priority Agents” means, collectively, the Revolving Agent, the Revolving Collateral Agent, the Pari Passu Agent, the Pari Passu Collateral Agent, the Trustee, and the Notes Collateral Agent, as applicable.

 

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Pulitzer Second Priority Agreement” means the collective reference to (a) the Lee First Lien Credit Agreement, (b) the Notes Indenture, (c) any Additional First Priority Agreement and (e) any Replacement First Priority Agreement. Except as otherwise expressly provided herein, any reference to the Pulitzer Second Priority Agreement hereunder shall be deemed a reference to the applicable Pulitzer Second Priority Agreement then extant.

Pulitzer Second Priority Collateral” means all assets, whether now owned or hereafter acquired by the Borrower or any other Grantor, in which a Lien is granted or purported to be granted to any Pulitzer Second Priority Secured Party as security for any Pulitzer Second Priority Obligations.

Pulitzer Second Priority Collateral Agent” has the meaning ascribed to such term in the preamble.

Pulitzer Second Priority Guarantee” means any guarantee by any Grantor of any or all of the Pulitzer Second Priority Obligations.

Pulitzer Second Priority Documents” means, collectively, the Pulitzer Second Priority Agreement, each Pulitzer Second Priority Security Document, and each Pulitzer Second Priority Guarantee and each of the other agreements, documents, and instruments providing for or evidencing any other Pulitzer Second Priority Obligation and any other document or instrument executed or delivered at any time in connection with any Pulitzer Second Priority Obligation (including any intercreditor or joinder agreement among holders of Pulitzer Second Priority Obligations), to the extent such are effective at the relevant time.

Pulitzer Second Priority Lien” means any Lien on any asset of any Grantor created by the Pulitzer Second Priority Security Documents.

Pulitzer Second Priority Obligations” means (a) all “Obligations” under, and as defined in, the Pulitzer Second Priority Security Documents and (b) with respect to each other Pulitzer Second Priority Agreement (i) all principal of, and interest and premium (if any) on, all loans made or other indebtedness (contingent or otherwise) of any Grantor issued or incurred pursuant to the Pulitzer Second Priority Agreement, and (ii) all guarantee obligations of, or fees, expenses and other amounts payable by any Grantor from time to time pursuant to the Pulitzer Second Priority Security Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding.

Pulitzer Second Priority Representative” “ means, at the time of determination, the Collateral Agent for the applicable Pulitzer Second Lien Obligations that has the right to exercise rights and remedies pursuant to the Pulitzer Pari Passu Intercreditor Agreement at such time. On the date hereof, the Pulitzer Second Priority Representative is the Revolving Agent.

Pulitzer Second Priority Secured Parties” means, collectively, the Revolving Agent, the Pari Passu Agent, the Notes Trustee, the Pulitzer Second Priority Collateral Agents, the Pulitzer Second Priority Representative and any other holders of Pulitzer Second Priority Obligations in such capacity.

 

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Pulitzer Second Priority Security Documents” means the Security Documents (as defined in the Lee First Lien Credit Agreement) and any other documents that are designated under any Pulitzer Second Priority Agreement as “Pulitzer Second Priority Security Documents” for purposes of this Agreement, in each case solely to the extent they relate to the Grantors (and not, for the avoidance of doubt, to the extent they relate to any Lee Entities, if applicable).

Purchase” has the meaning set forth in Section 3.5(b).

Purchase Notice” has the meaning set forth in Section 3.5(a).

Purchase Price” has the meaning set forth in Section 3.5(c).

Purchasing Parties” has the meaning set forth in Section 3.5(b).

Recovery” has the meaning assigned to such term in Section 5.5.

Replacement Agreement” means as to any Pulitzer First Priority Agreement or Pulitzer Second Priority Agreement then extent, any other credit agreement, loan agreement, note agreement, promissory note, indenture or other similar agreement or instrument evidencing or governing the terms of any indebtedness or other financial accommodation that has been incurred to extend, replace or refinance in whole or in part the indebtedness and other obligations outstanding under such Pulitzer First Priority Agreement or Pulitzer Second Priority Agreement, as applicable,

Replacement Pulitzer First Priority Agreement” means, at any time, a Replacement Agreement with respect to any Pulitzer First Priority Agreement then extant unless such agreement or instrument expressly provides that it is not intended to be and is not a Pulitzer First Priority Agreement hereunder; provided that the collateral agent for any such Replacement Agreement becomes a party hereto by executing and delivering a Joinder Agreement.

Replacement Pulitzer Second Priority Agreement” means, at any time, a Replacement Agreement with respect to any Pulitzer Second Priority Agreement then extant unless such agreement or instrument expressly provides that it is not intended to be and is not a Pulitzer Second Priority Agreement hereunder; provided that the collateral agent for any such Replacement Agreement becomes a party hereto by executing and delivering a Joinder Agreement.

Revolving Agent” has the meaning ascribed to such term in the preamble.

Revolving Collateral Agent” has the meaning ascribed to such term in the preamble.

Revolving Credit Facility” means the Revolving Facility under, and as defined in, the Lee First Lien Credit Agreement.

“Secured Documents” means Pulitzer First Priority Documents and Pulitzer Second Priority Documents.

 

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Secured Parties” means the Pulitzer First Priority Secured Parties and the Pulitzer Second Priority Secured Parties.

Standstill Period” has the meaning set forth in Section 3.1(a).

Surviving Obligations” has the meaning set forth in Section 3.5(b).

Uniform Commercial Code” means the Uniform Commercial Code as in effect from time to time in the applicable jurisdiction.

1.2 Amended Agreements. All references in this Agreement to agreements or other contractual obligations shall, unless otherwise specified, be deemed to refer to such agreements or contractual obligations as amended, amended and restated, supplemented, restated or otherwise modified from time to time in accordance with the terms of this Agreement, if applicable.

1.3 Terms Generally. The definitions in this Section shall apply equally to both the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation”. All references herein to Sections shall be deemed references to Sections of this Agreement unless the context shall otherwise require.

Section 2. Lien Priorities.

2.1 Subordination of Liens.

(a) Any and all Liens on assets or on the Common Collateral now existing or hereafter created or arising in favor of any Pulitzer Second Priority Secured Party securing the Pulitzer Second Priority Obligations, regardless of how acquired, whether by grant, statute, operation of law, judgment rendered in any judicial proceeding, subrogation or otherwise, are expressly junior in priority, operation and effect to any and all Liens now existing or hereafter created or arising in favor of the Pulitzer First Priority Secured Parties securing the Pulitzer First Priority Obligations, notwithstanding (i) anything to the contrary contained in any agreement or filing to which any Pulitzer Second Priority Secured Party may now or hereafter be a party, and regardless of the time, order or method of grant, attachment, recording or perfection of any financing statements or other security interests, assignments, pledges, deeds, mortgages and other Liens, charges or encumbrances or any defect or deficiency or alleged defect or deficiency in any of the foregoing, (ii) any provision of the Uniform Commercial Code or any other applicable law or any Pulitzer First Priority Document or Pulitzer Second Priority Document or any other circumstance whatsoever and (iii) the fact that any such Liens in favor of any Pulitzer First Priority Secured Party securing any of the Pulitzer First Priority Obligations are (x) subordinated to any Lien securing any obligation of any Grantor other than the Pulitzer Second Priority Obligations or (y) otherwise subordinated, voided, avoided, invalidated or lapsed.

(b) The Pulitzer First Priority Secured Parties acknowledge and agree that the Pulitzer Second Priority Secured Parties have been granted Liens upon all of the Common Collateral, and the Pulitzer First Priority Secured Parties hereby consent thereto. The subordination of all Liens

 

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of any Pulitzer Second Priority Secured Party on assets or Common Collateral of the Grantors by the Pulitzer Second Priority Secured Parties in favor of the Pulitzer First Priority Liens on such assets or Common Collateral shall not be deemed to subordinate any Liens of the Pulitzer Second Priority Secured Parties to any Liens other than (x) the Pulitzer First Priority Liens on such assets or Common Collateral securing the Pulitzer First Priority Obligations and (y) Liens that are permitted under the Pulitzer First Priority Documents and the Pulitzer Second Priority Documents to be senior to the Pulitzer First Priority Liens and the Pulitzer Second Priority Liens.

2.2 Nature of Pulitzer First Priority Obligations. The Pulitzer Second Priority Secured Parties acknowledge that a portion of the Pulitzer First Priority Obligations represents debt that is revolving in nature and that the amount thereof that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed, and that, without limitation of any provision of the Pulitzer Second Priority Agreement to the contrary, the terms of the Pulitzer First Priority Obligations may be modified, extended or amended from time to time, and that the aggregate amount of the Pulitzer First Priority Obligations may be increased, replaced or refinanced, in each event, without notice to or consent by the Pulitzer Second Priority Secured Parties and without affecting the provisions hereof. The lien priorities provided in Section 2.1 shall not be altered or otherwise affected by any such amendment, modification, supplement, extension, repayment, reborrowing, increase, replacement, renewal, restatement or refinancing of the Pulitzer First Priority Obligations, or any portion thereof, or by any amendment, modification, supplement, extension, repayment, reborrowing, increase, replacement, renewal, restatement or refinancing of the Pulitzer First Priority Obligations, or any portion thereof.

2.3 Agreements Regarding Actions to Perfect Liens.

(a) The Pulitzer Second Priority Secured Parties agree that, solely with respect to Common Collateral, all Pulitzer Second Priority Security Documents that are publicly filed (excluding any UCC financing statements) shall contain the following notation: “The lien and security interest created by this agreement on the property of the Pulitzer Entities described herein is junior and subordinate, in accordance with the provisions of the Pulitzer Junior Intercreditor Agreement dated as of June 25, 2015, among the collateral agents named therein, Lee Enterprises, Incorporated, and the other Grantors referred to therein, among others, as amended from time to time, to the Pulitzer First Priority Lien referred to therein in such property.”.

(b) The Pulitzer First Priority Collateral Agents hereby agree that, to the extent that they hold a Lien on any Common Collateral that can be perfected by the possession or control of such Common Collateral or of any deposit, securities or other account in which such Common Collateral is held, and if such Common Collateral or any such account is in fact in the possession or under the control of such Pulitzer First Priority Collateral Agent (such Common Collateral being referred to herein as the “Controlled Common Collateral”), such Pulitzer First Priority Collateral Agent shall, solely for the purpose of perfecting the Liens of any other Collateral Agent granted on such Common Collateral under any Secured Documents and subject to the terms and conditions of this Section, also hold such Controlled Common Collateral as gratuitous bailee and sub-agent for each such other Collateral Agent (any such Collateral Agent holding any Controlled Shared Collateral as gratuitous bailee and sub-agent being referred to herein as the “Bailee Collateral Agent”). In furtherance of the foregoing, each other Collateral Agent appoints

 

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each Bailee Collateral Agent (and each Bailee Collateral Agent accepts such appointment) as such Collateral Agent’s gratuitous bailee and sub-agent hereunder with respect to any Controlled Common Collateral that such Bailee Collateral Agent possesses or controls at any time solely for the purpose of perfecting a Lien on such Controlled Common Collateral. It is further understood and agreed that as of the date hereof, the Pulitzer First Priority Representative shall be the Bailee Collateral Agent and be granted possession of all possessory Controlled Shared Collateral.

2.4 No New Liens. So long as the Discharge of Pulitzer First Priority Obligations has not occurred, whether or not an Insolvency Proceeding has been commenced by or against any Grantor, the parties hereto agree that (a) there shall be no Lien, and no Grantor shall have any right to create any Lien, on any assets of any Grantor securing any Pulitzer Second Priority Obligations if these same assets are not subject to, and do not become subject to, a Lien securing the Pulitzer First Priority Obligations and (b) there shall be no Lien, and no Grantor shall have any right to create any Lien, on any assets of any Grantor securing any Pulitzer First Priority Obligations if these same assets are not subject to, and do not become subject to, a Lien securing the Pulitzer Second Priority Obligations. To the extent that the foregoing provisions are not complied with for any reason, without limiting any other rights and remedies available to the Pulitzer First Priority Secured Parties and the Pulitzer Second Priority agree that any amounts received by or distributed to any of them pursuant to or as a result of Liens granted in contravention of this Section 2.4 shall be subject to Section 4.1.

2.5 Prohibition on Contesting Liens. Each of the Pulitzer Second Priority Secured Parties and each of the Pulitzer First Priority Secured Parties, agrees that it will not (and hereby waives any right to) object to or contest or support any other Person in objecting to or contesting, in any proceeding (including without limitation, any Insolvency Proceeding), the validity, extent, perfection, priority or enforceability of any Lien held by or on behalf of any of the Pulitzer First Priority Secured Parties in the Pulitzer First Priority Collateral or by or on behalf of any of the Pulitzer Second Priority Secured Parties in the Pulitzer Second Priority Collateral, as the case may be, or the provisions of this Agreement; provided that nothing in this Agreement shall be construed to prevent or impair the rights of any Pulitzer First Priority Secured Party or any Pulitzer Second Priority Secured Party to enforce this Agreement, including the provisions of this Agreement relating to the priority and exclusive enforcement of the Liens securing the Pulitzer First Priority Obligations as provided in Sections 2.1 and 3.1. Notwithstanding any failure by any Pulitzer First Priority Secured Party or Pulitzer Second Priority Secured Party to perfect its Liens on the Common Collateral or any avoidance, invalidation or subordination by any third party or court of competent jurisdiction of the Liens on the Common Collateral granted to the Pulitzer First Priority Secured Parties or the Pulitzer Second Priority Secured Parties, the priority and rights as between the Pulitzer First Priority Secured Parties and the Pulitzer Second Priority Secured Parties with respect to the Common Collateral shall be as set forth herein.

Section 3. Enforcement Rights.

3.1 Exclusive Enforcement.

(a) At any time prior to the Discharge of Pulitzer First Priority Obligations, whether or not an Insolvency Proceeding has been commenced by or against the Borrower or any Grantor, the Pulitzer First Priority Representative on behalf of the Pulitzer First Priority Secured

 

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Parties shall have the exclusive right to exercise any right or remedy with respect to the Common Collateral and will also have the exclusive right to determine the time and method and place for exercising such right or remedy or conducting any proceeding with respect thereto. So long as the Discharge of Pulitzer First Priority Obligations has not occurred, whether or not an Insolvency Proceeding has been commenced by or against the Borrower or any Grantor, no Pulitzer Second Priority Secured Party will be permitted to commence or maintain an enforcement action with respect to any Common Collateral; provided that the Pulitzer Second Priority Representative may commence an enforcement action after the passage of 150 days after the earlier of (x) the date on which the Pulitzer Second Priority Obligations shall have become due and payable by acceleration upon the occurrence and during the continuance of an Event of Default under and in accordance with the applicable Pulitzer Second Priority Documents and (y) the date on which the Pulitzer First Priority Representative received notice from the applicable Pulitzer Second Priority Agent,or such other agent or collateral agent or trustee of Pulitzer Second Priority Obligations of any such Person’s intention to exercise any rights or remedies with respect to any Pulitzer Second Priority Collateral after the occurrence and during the continuance of an Event of Default under the Pulitzer Second Priority Documents (the “Standstill Period”); provided, however, that if the Pulitzer First Priority Representative or any Pulitzer First Priority Collateral Agent on behalf of any Pulitzer First Priority Obligations shall have commenced and be diligently pursuing in good faith an Enforcement Action with respect to the Common Collateral, the Pulitzer Second Priority Representative, the applicable Pulitzer Second Priority Agent, or any agent or collateral agent or trustee of any Pulitzer Second Priority Obligations shall not commence or continue an Enforcement Action. The Pulitzer First Priority Secured Parties are under no obligation to consult with any Pulitzer Second Priority Secured Party at any time prior to or when exercising their rights and remedies with respect to the Common Collateral.

(b) Until the Discharge of the Pulitzer First Priority Obligations has occurred, whether or not an Insolvency Proceeding has been commenced by or against the Borrower or any Grantor, subject to Section 3.1(a), the First Lien Representative shall have the exclusive right to enforce rights, exercise remedies and make determinations regarding the release with respect to the Common Collateral without the consent of the Pulitzer Second Priority Secured Parties; provided that the Lien securing the Pulitzer Second Priority Obligations shall remain on the proceeds of such Common Collateral released subject to the relative priorities set forth in this Agreement. In exercising rights and remedies with respect to the Common Collateral, the Pulitzer First Priority Representative may enforce the provisions of the Pulitzer First Priority Documents and exercise remedies thereunder, all in such order in such manner as it may determine in the exercise of its sole discretion.

Notwithstanding the foregoing contained in this Section 3.1, the Pulitzer Second Priority Secured Parties may:

(1) take any action (not adverse to the priority status of the Pulitzer First Priority Liens on the Common Collateral, or the rights of any Pulitzer First Priority Secured Parties to exercise remedies in respect thereof or the agreements set forth in Section 2) in order to create, perfect, preserve or protect the Pulitzer Second Priority Liens on the Common Collateral;

 

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(2) file any necessary responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other pleading made by any Person objecting to or otherwise seeking the disallowance of the claims of the Pulitzer Second Priority Secured Parties, including any claims secured by the Common Collateral, if any, in each case in a manner that is not inconsistent with, or in contravention of, the express terms of this Agreement;

(3) file any pleadings, objections, motions or agreements or take any positions that assert rights or interests available to unsecured creditors of the Grantors arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case in a manner that is not inconsistent with, or in contravention of, the express terms of this Agreement;

(4) vote on any plan of reorganization, file any proof of claim or statement of interest, make other filings and make any arguments and motions that are, in each case, not inconsistent with, or in contravention of, the express terms of this Agreement;

(5) exercise any of its rights or remedies with respect to the Common Collateral after the termination of the Standstill Period to the extent permitted by this Section 3.1;

(6) present a cash or credit bid (in the case of any such credit bid, so long as such bid provides for the Discharge of Pulitzer First Priority Obligations) at any section 363 hearing or with respect to any other Common Collateral disposition; and

(7) bid for or purchase Common Collateral at any private or judicial foreclosure upon such Common Collateral initiated by any of the Pulitzer First Priority Secured Parties.

3.2 Judgment Creditors. In the event that any Pulitzer Second Priority Secured Party becomes a judgment lien creditor as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subject to the terms of this Agreement for all purposes (including in relation to the Pulitzer First Priority Liens and the Pulitzer First Priority Obligations) to the same extent as all other Pulitzer Second Priority Liens securing the Pulitzer Second Priority Obligations are subject to the terms of this Agreement.

3.3 No Additional Rights For the Grantors Hereunder. Except as provided in Section 3.4, if any Pulitzer First Priority Secured Party or Pulitzer Second Priority Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, no Grantor shall be entitled to use such violation as a defense to any action by any Pulitzer First Priority Secured Party or Pulitzer Second Priority Secured Party, or to assert such violation as a counterclaim or basis for set off or recoupment against any Pulitzer First Priority Secured Party or Pulitzer Second Priority Secured Party.

 

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3.4 Actions Upon Breach.

(a) If any Pulitzer Second Priority Secured Party, contrary to this Agreement, commences or participates in any Enforcement Action or other action or proceeding against the Common Collateral in contravention of this Agreement, the related Grantor, with the prior written consent of the Pulitzer First Priority Representative, may interpose as a defense or dilatory plea the making of this Agreement, and any Pulitzer First Priority Secured Party may intervene and interpose such defense or plea in its or their name or in the name of such Grantor.

(b) Should any Pulitzer Second Priority Secured Party, contrary to this Agreement, in any way take, attempt to take or threaten to take any Enforcement Action with respect to the Common Collateral (including any attempt to realize upon or enforce any remedy with respect to this Agreement), or take any other action in violation of this Agreement, or fail to take any action required by this Agreement, this Agreement shall create an irrebuttable presumption and admission by such Pulitzer Second Priority Secured Party that any Pulitzer First Priority Secured Party (in its own name or in the name of the relevant Grantor) or the relevant Grantor may obtain relief against such Pulitzer Second Priority Secured Party by injunction, specific performance and/or other appropriate equitable relief, it being understood and agreed by the Pulitzer Second Priority Representative on behalf of each Pulitzer Second Priority Secured Party that (i) the Pulitzer First Priority Secured Parties’ damages from such actions of any Pulitzer Second Priority Secured Party may at that time be difficult to ascertain and may be irreparable and the harm to the Pulitzer First Priority Secured Parties may not be adequately compensated in damages and (ii) each Pulitzer Second Priority Secured Party waives any defense that the Borrower, the other Grantors and/or the Pulitzer First Priority Secured Parties cannot demonstrate damage and/or be made whole by the awarding of damages.

3.5 Option to Purchase.

(a) The Pulitzer First Priority Representative agrees that it will give the Pulitzer Second Priority Representative written notice (the “Enforcement Notice”) within five business days after commencing any Enforcement Action with respect to Common Collateral or the institution of any Insolvency Proceeding (which notice shall be effective for all Enforcement Actions taken after the date of such notice so long as the Pulitzer First Priority Representative is diligently pursuing in good faith the exercise of its default or enforcement rights or remedies against, or diligently attempting in good faith to vacate any stay of enforcement rights of its Liens on the Common Collateral, including, without limitation, all Enforcement Actions identified in such Enforcement Notice). Following the commencement of an Enforcement Action or the institution of any Insolvency Proceeding, any Pulitzer Second Priority Secured Party shall have the option, by irrevocable written notice (the “Purchase Notice”) delivered by the Pulitzer Second Priority Representative to the Pulitzer First Priority Representative no later than five business days after receipt by the Pulitzer Second Priority Representative of the Enforcement Notice, to purchase all of the outstanding Pulitzer First Priority Obligations from the Pulitzer First Priority Secured Parties. If the Pulitzer Second Priority Representative delivers the Purchase Notice, the Pulitzer First Priority Representative shall terminate any existing Enforcement Actions, and shall not take any further Enforcement Actions, provided that the Purchase (as defined below) shall have been consummated on the date specified in the Purchase Notice in accordance with this Section 3.5.

(b) On the date specified by the Pulitzer Second Priority Representative in the Purchase Notice (which shall be a business day not less than five business days, nor more than ten business days, after receipt by the Pulitzer First Priority Representative of the Purchase

 

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Notice), the Pulitzer First Priority Secured Parties shall, subject to any required approval of any court or other governmental authority then in effect, sell to the Pulitzer Second Priority Secured Parties electing to purchase pursuant to Section 3.5(a) (the “Purchasing Parties”), and the Purchasing Parties shall purchase (the “Purchase”) from the Pulitzer First Priority Secured Parties, the outstanding Pulitzer First Priority Obligations; provided that the Pulitzer First Priority Obligations purchased shall not include any rights of the Pulitzer First Priority Secured Parties with respect to indemnification and other obligations of the Borrower or any Grantor that own Common Collateral under the Pulitzer First Priority Documents that are expressly stated to survive the termination of the Pulitzer First Priority Documents (the “Surviving Obligations”).

(c) Without limiting the obligations of the Borrower and the Grantors that own Common Collateral under the Pulitzer First Priority Documents to the Pulitzer First Priority Secured Parties with respect to the Surviving Obligations (which shall not be transferred in connection with the Purchase), on the date of the Purchase, the Purchasing Parties shall (i) pay to the Pulitzer First Priority Secured Parties as the purchase price (the “Purchase Price”) therefore the full amount of all Pulitzer First Priority Obligations then outstanding and unpaid (including principal, interest (including, to the extent applicable, interest at the default rate), Post-Petition Interest, fees, breakage costs, attorneys’ fees and expenses, and (ii) agree to reimburse the Pulitzer First Priority Secured Parties for any loss, cost, damage or expense (including attorneys’ fees and expenses) in connection with any fees, costs or expenses related to any checks or other payments provisionally credited to the Pulitzer First Priority Obligations and/or as to which the Pulitzer First Priority Secured Parties have not yet received final payment and (iv) agree, after written request from the Pulitzer First Priority Representative, to reimburse the Pulitzer First Priority Secured Parties in respect of indemnification obligations of the Borrower or Grantors that own Common Collateral under the Pulitzer First Priority Documents as to matters or circumstances known to the Pulitzer First Priority Secured Parties at the time of the Purchase which could reasonably be expected to result in any loss, cost, damage or expense to any of the Pulitzer First Priority Secured Parties, provided that in no event shall any Purchasing Party have any liability for such amounts in excess of proceeds of Common Collateral received by the Purchasing Parties.

(d) The Purchase Price shall be remitted by wire transfer in immediately available funds to such account of the Pulitzer First Priority Representative as it shall designate to the Purchasing Parties. The Pulitzer First Priority Representative shall, promptly following its receipt thereof, distribute the amounts received by it in respect of the Purchase Price to the Pulitzer First Priority Secured Parties in accordance with the provisions of the Pulitzer Pari Passu Intercreditor Agreement. Interest shall be calculated to but excluding the day on which the Purchase occurs if the amounts so paid by the Purchasing Parties to the account designated by the Pulitzer First Priority Representative are received in such account prior to 12:00 Noon, New York City time, and interest shall be calculated to, and including such day if the amounts so paid by the Purchasing Parties to the account designated by the Pulitzer First Priority Representative are received in such account later than 12:00 Noon, New York City time.

(e) The Purchase shall be made without representation or warranty of any kind by the Pulitzer First Priority Secured Parties as to the Pulitzer First Priority Obligations, the Common Collateral or otherwise and without recourse to the Pulitzer First Priority Secured Parties, except that the Pulitzer First Priority Secured Parties shall represent and warrant: (i) the amount of the

 

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Pulitzer First Priority Obligations being purchased, (ii) that the Pulitzer First Priority Secured Parties own the Pulitzer First Priority Obligations free and clear of any liens or encumbrances and (iii) that the Pulitzer First Priority Secured Parties have the right to assign the Pulitzer First Priority Obligations and the assignment is duly authorized.

3.6 Pulitzer Second Priority Interest, Principal, Etc. Nothing in this Agreement shall prohibit the receipt by any Pulitzer Second Priority Secured Party of payments (including in cash) of interest, principal and other amounts owed in respect of the Pulitzer Second Priority Obligations unless such receipt is (x) the direct or indirect result of the exercise by any Pulitzer Second Priority Secured Party of rights or remedies with respect to, or enforcement of, any Pulitzer Second Priority Lien on Common Collateral, which exercise or enforcement is inconsistent with, or in contravention of, the express terms of this Agreement or (y) from the proceeds of an Enforcement Action required to be applied in accordance with Section 4.1 below; provided that, for the avoidance of doubt, nothing in this paragraph impairs or otherwise adversely affects any rights or remedies the Pulitzer First Priority Secured Parties may have with respect to the Common Collateral, including without limitation, Section 6.

Section 4. Application Of Proceeds Of Common Collateral; Dispositions And Releases Of Common Collateral; Inspection and Insurance.

4.1 Application of Proceeds; Turnover Provisions. All proceeds of Common Collateral (including any interest earned thereon) resulting from the sale, collection or other disposition of Common Collateral pursuant to any Enforcement Action or that occurs after any Event of Default, whether or not pursuant to an Insolvency Proceeding, or during the pendency of any Insolvency Proceeding shall be distributed as follows: first to the Pulitzer First Priority Representative for application to the Pulitzer First Priority Obligations in accordance with the terms of the Pulitzer Pari Passu Intercreditor Agreement and the Pulitzer First Priority Documents until the Discharge of the Pulitzer First Priority Obligations has occurred and thereafter, to the Pulitzer Second Priority Representative for application in accordance with the terms of the Pulitzer Second Priority Documents and thereafter, after payment in full of all the Pulitzer First Priority Obligations and Pulitzer Second Priority Obligations, to the Borrower and the other Grantors or their successors and assigns, as their interest may appear, or as a court of competent jurisdiction may direct. Until the Discharge of the Pulitzer First Priority Obligations has occurred, any Common Collateral, including any Common Collateral constituting proceeds, that may be received by any Pulitzer Second Priority Secured Party in violation of this Agreement shall be segregated and held in trust and promptly paid over to the Pulitzer First Priority Representative, for the benefit of the Pulitzer First Priority Secured Parties, in the same form as received, with any necessary endorsements, and each Pulitzer Second Priority Secured Party hereby authorizes the Pulitzer First Priority Representative to make any such endorsements as agent for the Pulitzer Second Priority Representative (which authorization, being coupled with an interest, is irrevocable).

4.2 Releases of Pulitzer Second Priority Lien.

(a) Upon (i) any sale or other disposition of any Common Collateral permitted pursuant to the terms of the Pulitzer First Priority Documents that results in the release of the Pulitzer First Priority Lien on such Common Collateral (including any sale or other disposition

 

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pursuant to any Enforcement Action) or (ii) any other release of Common Collateral from the Lien under the Pulitzer First Priority Security Documents that is permitted pursuant to the terms of the Pulitzer First Priority Documents, the Pulitzer Second Priority Lien on such Common Collateral (excluding any portion of the proceeds of such Common Collateral remaining after the Discharge of the Pulitzer First Priority Obligations occurs) shall be automatically and unconditionally released with no further consent or action of any Person. The Pulitzer Second Priority Representative shall promptly execute and deliver such release documents and instruments and shall take such further actions as the Pulitzer First Priority Representative shall reasonably request in writing to evidence any release of the Pulitzer Second Priority Lien described in this paragraph (a) of this Section 4.2. The Pulitzer Second Priority Representative hereby appoints the Pulitzer First Priority Representative and any officer or duly authorized person of the Pulitzer First Priority Representative, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power of attorney in the place and stead of the Pulitzer Second Priority Representative and in the name of the Pulitzer Second Priority Representative or in the Pulitzer First Priority Representative’s own name, from time to time, in the Pulitzer First Priority Representative’s sole discretion, for the purposes of carrying out the terms of this Section 4.2, to take any and all appropriate action and to execute and deliver any and all documents and instruments as may be necessary or desirable to accomplish the purposes of this Section 4.2, including any financing statements, endorsements, assignments, releases or other documents or instruments of transfer (which appointment, being coupled with an interest, is irrevocable).

4.3 Inspection Rights and Insurance.

(a) Any Pulitzer First Priority Secured Party and its representatives and invitees may at any time, to the extent permitted under the Pulitzer First Priority Documents, inspect, repossess, remove and otherwise deal with the Common Collateral, and the Pulitzer First Priority Representative may advertise and conduct public auctions or private sales of the Common Collateral, in each case without notice to, the involvement of or interference by any Pulitzer Second Priority Secured Party or liability to any Pulitzer Second Priority Secured Party.

(b) Until the Discharge of Pulitzer First Priority Obligations has occurred, the Pulitzer First Priority Representative will have the sole and exclusive right (i) to be named as additional insured and loss payee under any insurance policies maintained from time to time by the Borrower or any Grantor (except that the Pulitzer Second Priority Representative shall have the right to be named as additional insured and loss payee so long as its second lien status is identified in a manner satisfactory to the Pulitzer First Priority Representative), (ii) to adjust or settle any insurance policy or claim covering the Common Collateral in the event of any loss thereunder, (iii) to approve any award granted in any condemnation or similar proceeding affecting the Common Collateral and (iv) to apply the proceeds of any insurance or condemnation award to the Pulitzer First Priority Obligations in accordance with the Pulitzer First Priority Documents.

 

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Section 5. Insolvency Proceedings.

5.1 Filing of Motions. Until the Discharge of Pulitzer First Priority Obligations has occurred, the Pulitzer Second Priority Secured Parties agree that no Pulitzer Second Priority Secured Party shall, in or in connection with any Insolvency Proceeding, file any pleadings or motions, take any position at any hearing or proceeding of any nature, or otherwise take any action whatsoever, in each case in respect of any of the Common Collateral, including, without limitation, with respect to the determination of any Liens or claims held by the Pulitzer First Priority Representative (including the validity and enforceability thereof) or any other Pulitzer First Priority Secured Party or the value of any claims of such parties under Section 506(a) of the Bankruptcy Code or otherwise; provided that the Pulitzer Second Priority Representative may file a proof of claim in an Insolvency Proceeding, subject to the limitations in this Agreement and only if consistent with the terms and the limitations on the Pulitzer Second Priority Representative imposed hereby.

5.2 Financing Matters. Until the Discharge of Pulitzer First Priority Obligations has occurred, if the Borrower or any Grantor becomes subject to any Insolvency Proceeding, and if the Pulitzer First Priority Representative desires to permit the use of cash collateral or to permit the Borrower or any Grantor obtaining financing under Section 363 or Section 364 of the Bankruptcy Code or any other similar provision in any Bankruptcy Law (“DIP Financing”), then the Pulitzer Second Priority Secured Parties (a) will be deemed to have consented to and will not object to such use of cash collateral or DIP Financing, (b) will not request or accept adequate protection or any other relief in connection with the use of such cash collateral or such DIP Financing except as set forth in Section 5.4, (c) to the extent the Liens securing the Pulitzer First Priority Obligations are subordinated or pari passu with such DIP Financing or any “carve out”, will subordinate (and will be deemed hereunder to have subordinated) the Pulitzer Second Priority Liens in the Common Collateral to such DIP Financing (and all obligations related thereto) on the same basis as they are subordinated to the Pulitzer First Priority Obligations and (d) will raise no objection to, and will not otherwise contest any motion for relief from the automatic stay or from any injunction against foreclosure or enforcement in respect of the Pulitzer First Priority Obligations made by the Pulitzer First Priority Representative or any Pulitzer First Priority Secured Party; provided that (A) such DIP Financing shall not, together with the Pulitzer First Priority Outstanding Amount, exceed the sum of the Pulitzer Maximum First Priority Amount, plus $40,000,000, (B) the Pulitzer Second Priority Secured Parties shall retain the right to object to any ancillary agreements or arrangement regarding the use of cash collateral or the DIP Financing that are materially adverse to the Pulitzer Second Priority Secured Parties, (C) if obtained by the Pulitzer First Priority Secured Parties, the Pulitzer Second Priority Secured Parties shall have the right to seek adequate protection in the form of cash payments for fees and expenses only, (D) the Pulitzer Second Priority Secured Parties shall have the right to object to any DIP Financing that compels the Borrower or any Grantor to seek confirmation of a specific plan of reorganization for which all or substantially all of the material terms are set forth in the DIP Financing agreement and (E) the proposed cash collateral order or DIP Financing agreement does not expressly require the sale of all or substantially all of the Common Collateral prior to a default under such cash collateral order or such DIP Financing agreement.

5.3 Relief From the Automatic Stay. Until the Discharge of Pulitzer First Priority Obligations has occurred, the Pulitzer Second Priority Secured Parties will not seek relief from the automatic stay or from any other stay in any Insolvency Proceeding or take any action in derogation thereof, in each case in respect of any Common Collateral, without the prior written consent of the Pulitzer First Priority Representative.

 

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5.4 Adequate Protection. Until the Discharge of Pulitzer First Priority Obligations has occurred, the Pulitzer Second Priority Secured Parties agree that none of them shall contest (or support any other Person contesting) (a) any request by the Pulitzer First Priority Representative or the other Pulitzer First Priority Secured Parties for adequate protection, (b) any objection by the Pulitzer First Priority Representative or any other Pulitzer First Priority Secured Parties to any motion, relief, action or proceeding based on a claim of a lack of adequate protection or (c) assert or support or enforce any claim for costs or expenses of preserving or disposing of any Collateral under Section 506(c) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law. Notwithstanding the foregoing, in any Insolvency Proceeding, (i) if the Pulitzer First Priority Secured Parties are granted adequate protection in the form of additional collateral or superpriority claims in connection with any DIP Financing or use of cash collateral under Section 363 or 364 of the Bankruptcy Code or any similar Bankruptcy Law, then the Pulitzer Second Priority Representative (A) may seek or request adequate protection in the form of a replacement Lien on such additional collateral and superpriority claim, which Lien and superpriority claim is subordinated to the Liens securing and claims with respect to the Pulitzer First Priority Obligations and such DIP Financing (and all obligations relating thereto) on the same basis as the other Liens securing the Pulitzer Second Priority Obligations are so subordinated to the Liens securing the Pulitzer First Priority Obligations under this Agreement and (B) agrees that it will not seek or request, and will not accept, adequate protection in any other form, except if obtained by the Pulitzer First Priority Secured Parties, the Pulitzer Second Priority Secured Parties shall have the right to seek adequate protection in the form of cash payments for fees and expenses only, and (ii) in the event the Pulitzer Second Priority Representative seeks or requests adequate protection and such adequate protection is granted in the form of additional collateral, then the Pulitzer Second Priority Representative and the Pulitzer Second Priority Secured Parties agree that the Pulitzer First Priority Secured Parties shall also be granted a senior Lien on such additional collateral as security for the applicable Pulitzer First Priority Obligations and any such DIP Financing and that any Lien on such additional collateral securing Pulitzer Second Priority Obligations shall be subordinated to the Liens on such collateral securing Pulitzer First Priority Obligations and any such DIP Financing (and all obligations relating thereto) and any other Liens granted to the holders of the Pulitzer First Priority Secured Parties as adequate protection on the same basis as the other Liens securing the Pulitzer Second Priority Obligations are so subordinated to such Liens securing the Pulitzer First Priority Obligations under this Agreement.

5.5 Avoidance Issues. If any Pulitzer First Priority Secured Party is required in any Insolvency Proceeding or otherwise to disgorge, turn over or otherwise pay to the bankruptcy trustee or the estate of any Borrower or Grantor, because such amount was avoided or ordered to be paid or disgorged for any reason, including because it was found to be a fraudulent or preferential transfer, any amount (a “Recovery”), whether received as proceeds of security, enforcement of any right of set-off or otherwise, then the Pulitzer First Priority Obligations shall be reinstated to the extent of such Recovery and deemed to be outstanding as if such payment had not occurred and the Discharge of Pulitzer First Priority Obligations, if it shall otherwise have occurred, shall be deemed not to have occurred. If this Agreement shall have been terminated prior to such Recovery, this Agreement shall be reinstated in full force and effect, and such prior termination shall not diminish, release, discharge, impair or otherwise affect the obligations of the parties hereto. The Pulitzer Second Priority Secured Parties agree that none of them shall be entitled to benefit from any avoidance action affecting or otherwise relating to any

 

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distribution or allocation made on behalf of the Pulitzer First Priority Obligations in accordance with this Agreement, whether by preference or otherwise, it being understood and agreed that the benefit of such avoidance action otherwise allocable to them shall instead be allocated and turned over for application in accordance with the priorities set forth in this Agreement.

5.6 Asset Dispositions in an Insolvency Proceeding. In an Insolvency Proceeding, until the Discharge of Pulitzer First Priority Obligations has occurred, the Pulitzer Second Priority Secured Parts will not object to, and will not otherwise contest any order relating to a sale of assets of the Borrower or any Grantor for which the Pulitzer First Priority Representative has consented that provides, to the extent such sale is to be free and clear of Liens, that the Liens securing the Pulitzer First Priority Obligations and the Pulitzer Second Priority Obligations will attach to the proceeds of the sale on the same basis of priority as the existing Liens in accordance with this Agreement.

5.7 Separate Grants of Security and Separate Classification. Each Pulitzer Second Priority Secured Party acknowledges and agrees that (a) the grants of Liens pursuant to the Pulitzer First Priority Security Documents and the Pulitzer Second Priority Security Documents constitute two separate and distinct grants of Liens and (b) because of, among other things, their differing rights in the Common Collateral, the Pulitzer Second Priority Obligations are fundamentally different from the Pulitzer First Priority Obligations and must be separately classified in any plan of reorganization proposed in an Insolvency Proceeding. To further effectuate the intent of the parties as provided in the immediately preceding sentence, if it is held that the claims of the Pulitzer First Priority Secured Parties and Pulitzer Second Priority Secured Parties in respect of the Common Collateral constitute only one class of secured claims (rather than separate classes of senior and junior secured claims), then the Pulitzer Second Priority Secured Parties hereby acknowledge and agree that all distributions shall be made as if there were separate classes of senior and junior secured claims against the Grantors in respect of the Common Collateral (with the effect being that, to the extent that the aggregate value of the Common Collateral is sufficient (for this purpose ignoring all claims held by the Pulitzer Second Priority Secured Parties), the Pulitzer First Priority Secured Parties shall be entitled to receive, in addition to amounts distributed to them in respect of principal, pre-petition interest, fees and expenses and any other claims, all amounts owing in respect of Post-Petition Interest before any distribution is made in respect of the Pulitzer Second Priority Obligations held by the Pulitzer Second Priority Secured Parties, with the Pulitzer Second Priority Secured Parties hereby acknowledging and agreeing to turn over to the Pulitzer First Priority Secured Parties amounts otherwise received or receivable by them to the extent necessary to effectuate the intent of this sentence, even if such turnover has the effect of reducing the claim or recovery of the Pulitzer Second Priority Secured Parties), and that, until turned over to the Pulitzer First Priority Secured Parties, such amounts will be held in trust for the Pulitzer First Priority Secured Parties.

5.8 No Waivers of Rights of Pulitzer First Priority Secured Parties. Nothing contained herein shall prohibit or in any way limit the Pulitzer First Priority Representative or any other Pulitzer First Priority Secured Party from objecting in any Insolvency Proceeding or otherwise to any action taken by any Pulitzer Second Priority Secured Party not expressly prohibited hereunder, including the seeking by any Pulitzer Second Priority Secured Party of adequate protection (except as provided in Section 5.4) or the asserting by any Pulitzer Second Priority Secured Party of any of its rights and remedies under the Pulitzer Second Priority Documents or otherwise.

 

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5.9 Plans of Reorganization. Nothing in this Agreement shall impair the rights of any Pulitzer Second Priority Secured Party to propose, support, or vote in favor of or against any plan of reorganization or similar plan or scheme in any Insolvency Proceeding, so long as such plan or scheme is not inconsistent with, or in contravention of, the express terms of this Agreement, provided that in the case of proposing such plan of reorganization or similar plan or scheme it shall, unless otherwise approved by the Pulitzer First Priority Representative, provide for payment in full of the Pulitzer First Priority Obligations and the occurrence of the events described in clause (a), (b) and (c) of the definition of Discharge of Pulitzer First Priority Obligations.

5.10 Post-Petition Claims. None of the Pulitzer Second Priority Secured Parties shall oppose or seek to challenge any claim by any Pulitzer First Priority Secured Party for allowance in any Insolvency Proceeding of Pulitzer First Priority Obligations consisting of Post-Petition Interest or indemnities, without regard to the existence of the Liens of the Pulitzer Second Priority Secured Parties on the Common Collateral.

5.11 Waivers. Until the Discharge of the Pulitzer First Priority Obligations, each Pulitzer Second Priority Secured Party, agrees that (a) it will not assert or enforce any claim under Section 506(c) of the Bankruptcy Code senior to or on a parity with the Liens securing the Pulitzer First Priority Obligations for costs or expenses of preserving or disposing of any Common Collateral and (b) waives any claim it may now or hereafter have arising out of the election by any Pulitzer First Priority Secured Party of the application of Section 1111(b)(2) of the Bankruptcy Code.

Section 6. Pulitzer Second Priority Documents and Pulitzer First Priority Documents.

(a) Each Borrower and Grantor and the Pulitzer Second Priority Secured Parties agree that it shall not at any time execute or deliver any amendment or other modification to any of the Pulitzer Second Priority Documents inconsistent with or in violation of this Agreement.

(b) Each Borrower and Grantor and the Pulitzer First Priority Secured Parties agree that it shall not at any time execute or deliver any amendment or other modification to any of the Pulitzer First Priority Documents inconsistent with or in violation of this Agreement.

(c) In the event the Pulitzer First Priority Collateral Agents enter into any amendment, waiver or consent in respect of any of the Pulitzer First Priority Security Documents for the purpose of adding to, or deleting from, or waiving or consenting to any departures from any provisions of, any Pulitzer First Priority Security Document or changing in any manner the rights of any parties thereunder, then such amendment, waiver or consent shall apply automatically to any comparable provision of the Comparable Pulitzer Second Priority Security Document (solely to the extent applicable to any Grantor and Common Collateral) without the consent of or action by any Pulitzer Second Priority Secured Party (with all such amendments, waivers and modifications subject to the terms hereof); provided that (i) no such amendments, modifications or waivers shall provide for the security of any additional extensions of credit or

 

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add additional secured creditors in violation of the express provisions of the Pulitzer Second Priority Agreements, (ii) no such amendment, waiver or consent shall have the effect of removing assets subject to the Lien of any Pulitzer Second Priority Security Document, except to the extent that a release of such Lien is permitted by Section 4.2, (iii) any such amendment, waiver or consent that materially and adversely affects the rights of the Pulitzer Second Priority Secured Parties and does not affect the Pulitzer First Priority Secured Parties in a like or similar manner shall not apply to the Pulitzer Second Priority Security Documents without the written consent of the Pulitzer Second Priority Collateral Agent and (iv) notice of such amendment, waiver or consent shall be given to the Pulitzer Second Priority Representative no later than 15 days after its effectiveness; provided that the failure to give such notice shall not affect the effectiveness and validity thereof.

Section 7. Reliance; Waivers; etc.

7.1 Reliance. The Pulitzer First Priority Documents are deemed to have been executed and delivered, and all extensions of credit thereunder are deemed to have been made or incurred, in reliance upon this Agreement. The Pulitzer Second Priority Secured Parties expressly waive all notice of the acceptance of and reliance on this Agreement by the Pulitzer First Priority Secured Parties. The Pulitzer Second Priority Documents are deemed to have been executed and delivered and all issuances of debt and other extensions of credit thereunder are deemed to have been made or incurred, in reliance upon this Agreement. The Pulitzer First Priority Secured Parties waive all notices of the acceptance of and reliance by the Pulitzer Second Priority Secured Parties.

7.2 No Warranties or Liability. The Pulitzer Second Priority Secured Parties and the Pulitzer First Priority Secured Parties acknowledge and agree that neither has made any representation or warranty with respect to the execution, validity, legality, completeness, collectability or enforceability of any Pulitzer First Priority Document or any Pulitzer Second Priority Document. Except as otherwise provided in this Agreement, the Pulitzer Second Priority Secured Parties and the Pulitzer First Priority Secured Parties will be entitled to manage and supervise their respective extensions of credit to the Borrower or any Grantor in accordance with law and their usual practices, modified from time to time as they deem appropriate. No Agent shall, by reason of this Agreement, or any other Security Document or any other document, have a fiduciary relationship or other implied duties in respect of any other Agent or any other Secured Party.

7.3 No Waivers. No right or benefit of any party hereunder shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of such party or any other party hereto or by any noncompliance by the Borrower or any Grantor with the terms and conditions of any of the Pulitzer First Priority Documents or the Pulitzer Second Priority Documents.

Section 8. Obligations Unconditional.

8.1 Pulitzer First Priority Obligations Unconditional. All rights and interests of the Pulitzer First Priority Secured Parties hereunder, and all agreements and obligations of the Pulitzer Second Priority Secured Parties (and, to the extent applicable, the Grantors) hereunder, shall remain in full force and effect irrespective of:

 

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(a) any lack of validity or enforceability of any Pulitzer First Priority Document;

(b) any change in the time, place or manner of payment of, or in any other term of, all or any portion of the Pulitzer First Priority Obligations, or any amendment, waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement, refunding or restatement of any Pulitzer First Priority Document;

(c) prior to the Discharge of the Pulitzer First Priority Obligations, any exchange, release, voiding, avoidance or non-perfection of any security interest in any Common Collateral or any other collateral, or any release, amendment, waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement, refunding or restatement of all or any portion of the Pulitzer First Priority Obligations or any guarantee; or

(d) any other circumstances that otherwise might constitute a defense available to, or a discharge of, the Borrower or any Grantor in respect of the Pulitzer First Priority Obligations, or of any Pulitzer Second Priority Secured Party, or the Borrower or any Grantor, to the extent applicable, in respect of this Agreement.

8.2 Pulitzer Second Priority Obligations Unconditional. All rights and interests of the Pulitzer Second Priority Secured Parties hereunder, and all agreements and obligations of the Pulitzer First Priority Secured Parties (and, to the extent applicable, the Borrower and the Grantors) hereunder, shall remain in full force and effect irrespective of:

(a) any lack of validity or enforceability of any Pulitzer Second Priority Document;

(b) any change in the time, place or manner of payment of, or in any other term of, all or any portion of the Pulitzer Second Priority Obligations, or any amendment, waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement, refunding or restatement of any Pulitzer Second Priority Document;

(c) any exchange, release, voiding, avoidance or non-perfection of any security interest in any Common Collateral or any other collateral, or any release, amendment, waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement, refunding or restatement of all or any portion of the Pulitzer Second Priority Obligations or any guarantee or guaranty thereof; or

(d) any other circumstances that otherwise might constitute a defense available to, or a discharge of, any Grantor in respect of the Pulitzer Second Priority Obligations, or of any Pulitzer First Priority Secured Party, or the Borrower or any Grantor, to the extent applicable, in respect of this Agreement.

 

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Section 9. Miscellaneous.

9.1 Conflicts. In the event of any conflict between the provisions of this Agreement and the provisions of any Pulitzer First Priority Document or any Pulitzer Second Priority Document, the provisions of this Agreement shall govern; provided that, in the event of any conflict between the provisions of this Agreement and the intercreditor agreement dated as of the date hereof (the “Pulitzer Pari Passu Intercreditor Agreement”), among the Pulitzer First Priority Collateral Agents, the Borrower and the other Grantors party thereto, among others, the terms and conditions of the Pulitzer Pari Passu Intercreditor Agreement shall control as to the relative rights of the Pulitzer First Priority Secured Parties in respect of the Pulitzer First Priority Collateral.

9.2 Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the Discharge of Pulitzer First Priority Obligations shall have occurred, subject to Section 5.5. This is a continuing agreement and the Pulitzer First Priority Secured Parties and the Pulitzer Second Priority Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations to, or for the benefit of, the Borrower or any other Grantor.

9.3 Amendments; Waivers. (a) No amendment or modification of any of the provisions of this Agreement shall be effective unless the same shall be in writing and signed by the Pulitzer First Priority Representative and the Pulitzer Second Priority Representative, provided that no such amendment or modification shall by its terms amend, modify or otherwise affect the rights or obligations of any Grantor without the Borrower’s or such Grantor’s prior written consent; provided further that (i) without the consent of any party hereto, (A) this Agreement may be supplemented by an Agent Joinder Agreement, and an additional Agent (an “Additional Agent”) on behalf of the Secured Parties under any Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, may become a party hereto, in accordance with Section 9.3(b) and (B) this Agreement may be supplemented by a Grantor Joinder Agreement, and a subsidiary may become a party hereto, in accordance with Section 9.13, and (ii) in connection with the entering into of any Replacement Pulitzer First Priority Agreement or Replacement Pulitzer Second Priority Agreement, as applicable, each collateral agent party hereto shall enter (and are hereby authorized to enter without the consent of any other Secured Party), at the request of any Collateral Agent with respect to such Replacement Pulitzer First Priority Agreement or Replacement Pulitzer Second Priority Agreement, as applicable, or the Borrower, into such amendments or modifications of this Agreement as are reasonably necessary to reflect such Replacement Pulitzer First Priority Agreement or Replacement Pulitzer Second Priority Agreement, as applicable, and are reasonably satisfactory to each such Collateral Agent.

(b) The Borrower may from time to time, subject to any limitations contained in any Secured Documents in effect at such time, designate documents governing additional, replacement or refinancing indebtedness and related obligations that are, or are to be, secured by Liens on any assets of the Borrower or any of the Grantors that would, if such Liens were granted, constitute Common Collateral as an Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, by delivering to each party hereto at such time a certificate of an Authorized Officer of the Borrower:

 

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1. describing the agreement governing the indebtedness and other obligations being designated as an Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, and including a statement of the maximum aggregate outstanding principal amount of such indebtedness as of the date of such certificate;

2. setting forth the Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, as each Grantor has executed and delivered to the Person that serves as the collateral agent, collateral trustee or a similar representative for the holders of obligations under such Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, on the closing date of under such Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, certified as being true and complete by an Authorized Officer of the Borrower;

3. identifying the Person that serves as administrative agent, trustee or similar representative and as collateral agent or similar representative on behalf of the Secured Parties under such Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable;

4. certifying that the incurrence of obligations and the creation of the Liens securing obligations under such Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, do not violate or result in a default under any provision of any Secured Document in effect at such time, including this Agreement;

5. identifying obligations under such Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, as Pulitzer First Priority Obligations or Pulitzer Second Priority Obligations, as applicable, and, certifying that the designation of such obligations as Pulitzer First Priority Obligations or Pulitzer Second Priority Obligations, as applicable, does not violate or result in a default under any provision of any Secured Document in effect at such time;

6. certifying that the Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, (A) in the case of the Additional Pulitzer Second Priority Agreement, the applicable Pulitzer Second Priority Security Documents in respect thereof contain the legend required in Section 2.3(a) and (B) authorizes the Person that serves as administrative agent, trustee or similar representative and as collateral agent or similar representative on behalf of the Secured Parties under such Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, to become a Collateral Agent hereunder by executing and delivering a Collateral Agent Joinder Agreement and provide that, upon such execution and delivery, the holders of obligations under such Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable, shall become subject to and bound by the provisions of this Agreement; and

 

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7. attaching a fully completed Agent Joinder Agreement executed and delivered by the Person that serves as administrative agent, trustee or similar representative and as collateral agent or similar representative on behalf of the Secured Parties under such Additional Pulitzer First Priority Agreement or Additional Pulitzer Second Priority Agreement, as applicable.

Upon the delivery of such certificate and the related attachments as provided above and as so long as the statements made therein are true and correct as of the date of such certificate, the obligations designated in such notice shall become Pulitzer First Priority Obligations or Pulitzer Second Priority Obligations, as applicable, for all purposes under this Agreement.

9.4 Information Concerning Financial Condition of the Borrower and the other Grantors. Each of the Pulitzer Second Priority Representative, on behalf of the other Pulitzer Second Priority Secured Parties, and the Pulitzer First Priority Representative, on behalf of the Pulitzer First Priority Secured Parties, hereby agree that each Secured Party assumes responsibility for keeping itself informed of the financial condition of the Borrower and each of the other Grantors and all other circumstances bearing upon the risk of nonpayment of the Pulitzer First Priority Obligations or the Pulitzer Second Priority Obligations. The Pulitzer Second Priority Representative, on behalf of itself and the other Pulitzer Second Priority Secured Parties, and the Pulitzer First Priority Representative, on behalf of itself and the other Pulitzer First Priority Secured Parties, hereby agree that no party shall have any duty to advise any other Secured Party of information known to it regarding such condition or any such circumstances. In the event that any Secured Party, in its sole discretion, undertakes at any time or from time to time to provide any information to any other party to this Agreement, it shall be under no obligation (a) to provide any such information to such other party or any other party on any subsequent occasion, (b) to undertake any investigation, or (c) to disclose any other information.

9.5 Governing Law. This Agreement shall be construed in accordance with and governed by the law of the State of New York, except to the extent that remedies provided by the laws of any jurisdiction other than the State of New York are governed by the laws of such jurisdiction.

9.6 Submission to Jurisdiction.

(a) Each Pulitzer First Priority Secured Party, each Pulitzer Second Priority Secured Party and each Grantor hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the Supreme Court of the State of New York sitting in New York County and of the United States District Court of the Southern District of New York, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement, or for recognition or enforcement of any judgment pursuant to any such action or proceeding, and each such party hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such federal court. Each such party agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that any Pulitzer First Priority Secured Party or Pulitzer Second Priority Secured Party may otherwise have to bring any action or proceeding against any Grantor or its properties in the courts of any jurisdiction.

 

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(b) Each Pulitzer First Priority Secured Party, each Pulitzer Second Priority Secured Party and the Borrower and each Grantor hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, (i) any objection it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement in any court referred to in paragraph (a) of this Section and (ii) the defense of an inconvenient forum to the maintenance of such action or proceeding.

(c) Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in Section 9.7. Nothing in this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by law.

9.7 Notices. Unless otherwise specifically provided herein, any notice or other communication herein required or permitted to be given shall be in writing and may be personally served, telecopied, or sent by overnight express courier service or United States mail and shall be deemed to have been given when delivered in person or by courier service, upon receipt of a telecopy or five days after deposit in the United States mail (certified, with postage prepaid and properly addressed). For the purposes hereof, the address of each party hereto is as follows:

(a) if to any Grantor, to it (or, in the case of any Grantor other than the Borrower, to it in care of the Borrower) at:

Lee Enterprises, Incorporated

201 N. Harrison Street, Suite 600

Davenport, IA, 52801

Attention: Vice President, Chief Financial Officer and Treasurer

Facsimile: 563-327-2600

E-mail: ron.mayo@lee.net

With a copy to:

Lane & Waterman LLP

220 N. Main Street, Suite 600

Davenport, IA, 52801

Attention: C. D. Waterman III

Facsimile: 563-324-1616

E-mail: dwaterman@l-wlaw.com;

(b) if to the Revolving Agent and the Revolving Collateral Agent, to it at:

JPMorgan Chase Bank, N.A.

500 Stanton Christiana Road, Ops 2 Floor 3

Newark, DE 19713

Attention: Dimple Patel

Telephone: 302-634-4154

Telecopy: 302-634-3301

E-mail: dimple.x.patel@jpmorgan.com

 

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With a copy to:

JPMorgan Chase Bank, N.A.

500 Stanton Christiana Road, Ops 2 Floor 3

Newark, DE 19713

Attention: Neer Reibenbach

Telephone: 302-634-1678

Telecopy: 302-634-3301

E-mail: neer.reibenbach@jpmorgan.com

With a copy to:

JPMorgan Chase Bank, N.A

383 Madison Avenue, 24th Floor

New York, NY 10179

Attention: Timothy Lee

Telephone: 212-270-2282

Telecopy: 212-270-5100

E-mail: timothy.d.lee@jpmorgan.com;

(c) if to the Pari Passu Agent and the Pari Passu Collateral Agent, to it at:

JPMorgan Chase Bank, N.A.

500 Stanton Christiana Road, Ops 2 Floor 3

Newark, DE 19713

Attention: Dimple Patel

Telephone: 302-634-4154

Telecopy: 302-634-3301

E-mail: dimple.x.patel@jpmorgan.com

With a copy to:

JPMorgan Chase Bank, N.A.

500 Stanton Christiana Road, Ops 2 Floor 3

Newark, DE 19713

Attention: Neer Reibenbach

Telephone: 302-634-1678

Telecopy: 302-634-3301

E-mail: neer.reibenbach@jpmorgan.com

 

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With a copy to:

JPMorgan Chase Bank, N.A

383 Madison Avenue, 24th Floor

New York, NY 10179

Attention: Timothy Lee

Telephone: 212-270-2282

Telecopy: 212-270-5100

E-mail: timothy.d.lee@jpmorgan.com;

(d) if to the Notes Trustee, to it at:

U.S. Bank National Association

60 Livingston Avenue

St. Paul, Minnesota 55107

Attention: Global Corporate Trust Services

Facsimile: 651-466-7430;

(e) if to the Notes Collateral Agent, to it at:

Deutsche Bank Trust Company Americas Trust and Agency Services

60 Wall Street, 16th Floor

Mail Stop: NYC60-1630

New York, New York 10005

Attention: Corporates Team, Lee Enterprises, Incorporated

Facsimile: 732-578-4635

With a copy to:

Deutsche Bank Trust Company Americas

c/o Deutsche Bank National Trust Company Trust and Agency Services

100 Plaza One, 6th Floor

MSJCY03-0699

Jersey City, NJ 07311-3901

Attention: Corporates Team, Lee Enterprises, Incorporated

Facsimile: 732-578-4635;

(f) if to the Pulitzer First Priority Agent or the Pulitzer First Priority Collateral Agent, to it at:

Wilmington Trust, N.A.

50 South Sixth Street, Suite 1290

Minneapolis, MN 55402

Attention: Wilmington Trust Loan Agency Group

Telecopy: 612-217-5651;

Telephone: 612-217-5649;

E-mail: loanagency@wilmingtontrust.com; and

(g) if to any Additional Agent, to it at the address set forth in the applicable Joinder Agreement.

 

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Any party hereto may change its information for notices and other communications hereunder by notice to the other parties hereto.

9.8 Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of each of the parties hereto and each of their respective successors and permitted assigns, and nothing herein is intended, or shall be construed, to give any other Person any right, remedy or claim under, to or in respect of this Agreement or any Common Collateral.

9.9 Headings. Section headings used herein are for convenience of reference only, are not part of this Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement.

9.10 Severability. Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.

9.11 Counterparts; Integration; Effectiveness. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Agreement by facsimile or other electronic transmission shall be effective as delivery of a manually executed counterpart of this Agreement. This Agreement, together with the other Secured Documents, represents the agreement of each of the Grantors and the Secured Parties with respect to the subject matter hereof and there are no promises, undertakings, representations or warranties by any Grantor, any Agent or any other Secured Party relative to the subject matter hereof not expressly set forth or referred to herein or in the other Secured Documents. This Agreement shall become effective when it shall have been executed by each party hereto.

9.12 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT AND FOR ANY COUNTERCLAIM THEREIN.

9.13 Additional Grantors. The Borrower shall cause each Person that becomes a Grantor after the date hereof (other than any such Grantor that does not grant any Liens to secure any of the Pulitzer First Priority Obligations or any of the Pulitzer Second Priority Obligations, until such time as such Grantor does grant any such Liens) to become a party to this Agreement by executing and delivering a supplement to this Agreement in substantially the form set forth in Exhibit B hereto (each a “Grantor Joinder Agreement”) and otherwise reasonably satisfactory to the Pulitzer First Priority Representative and the Pulitzer Second Priority Representative.

9.14 Specific Performance. Each Collateral Agent, on behalf of itself and its respective Secured Parties, may demand specific performance of this Agreement. Each Collateral Agent, on behalf of itself and its respective Secured Parties, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action which may be brought by the Secured Parties.

 

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9.15 Subrogation. The Pulitzer Second Priority Secured Parties hereby waive any rights of subrogation they may acquire as a result of any payment hereunder until the Discharge of the Pulitzer First Priority Obligations Payment has occurred; provided, however, that, as between the Borrower and the other Grantors, on the one hand, and the Pulitzer Second Priority Secured Parties, on the other hand, any such payment that is paid over to the Pulitzer First Priority Representative pursuant to this Agreement shall be deemed not to reduce any of the Pulitzer Second Priority Obligations unless and until (and then only to the extent that) the Discharge of Pulitzer First Priority Obligations has occurred and the Pulitzer First Priority Representative delivers any such payment to the Pulitzer Second Priority Representative.

9.16 Trustee Capacity. It is expressly understood and agreed by the parties hereto that (a) this Agreement is executed and delivered by U.S. Bank National Association, not individually or personally or in its corporate capacity, but solely in its capacity as Notes Trustee under the Notes Indenture, and (b) under no circumstances shall U.S. Bank National Association be individually or personally or in its corporate capacity, liable for the payment of any indebtedness or expenses owed to any party under this Agreement, the Notes Indenture and related documentation or the Secured Documents.

[Remainder of page intentionally left blank]

 

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

 

JPMORGAN CHASE BANK, N.A., as Revolving Agent and Revolving Collateral Agent
By:

/s/ Timothy D. Lee 

Name: Timothy D. Lee
Title: Vice President
JPMORGAN CHASE BANK, N.A., as Pari Passu Agent and Pari Passu Collateral Agent
By:

/s/ Timothy D. Lee 

Name: Timothy D. Lee
Title: Vice President
U.S. BANK, NATIONAL ASSOCIATION, not in its individual capacity, but solely in its capacity as Notes Trustee
By:

/s/ Raymond S. Haverstock 

Name: Raymond S. Haverstock
Title: Vice President
DEUTSCHE BANK TRUST COMPANY AMERICAS, as Notes Collateral Agent
By:

/s/ Chris Niesz 

Name: Chris Niesz
Title: Assistant Vice President
WILMINGTON TRUST, NATIONAL ASSOCIATION, as Pulitzer First Priority Agent and Pulitzer First Priority Collateral Agent
By:

/s/ Joshua G. James 

Name: Joshua G. James
Title: Vice President

 

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LEE ENTERPRISES, INCORPORATED
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary
PULITZER INC.
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary
FLAGSTAFF PUBLISHING CO.
HANFORD SENTINEL INC.
NAPA VALLEY PUBLISHING CO.
PANTAGRAPH PUBLISHING CO.
PULITZER MISSOURI NEWSPAPERS, INC.
PULITZER NEWSPAPERS, INC.
PULITZER TECHNOLOGIES, INC.
SANTA MARIA TIMES, INC.
SOUTHWESTERN OREGON PUBLISHING
CO.
STAR PUBLISHING COMPANY
YNEZ CORPORATION
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary
FAIRGROVE LLC
By: ST. LOUIS POST-DISPATCH LLC,
       Managing Member
By: PULITZER INC., Managing Member
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary

 

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AMPLIFIED DIGITAL, LLC

ST. LOUIS POST-DISPATCH LLC

STL DISTRIBUTION SERVICES LLC

SUBURBAN JOURNALS OF GREATER ST.

    LOUIS LLC

PULITZER NETWORK SYSTEMS LLC,

By: PULITZER INC., Managing Member
By:

/s/ C. D. Waterman III

Name: C. D. Waterman III
Title: Secretary

 

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EXHIBIT A

FORM OF

PULITZER JUNIOR INTERCREDITOR AGREEMENT JOINDER

ADDITIONAL COLLATERAL AGENT

Reference is made to the Pulitzer Junior Intercreditor Agreement dated as of June 25, 2015 (as amended, supplemented, amended and restated or otherwise modified and in effect from time to time, the “Junior Intercreditor Agreement”) among LEE ENTERPRISES, INCORPORATED, a Delaware corporation, “), PULITZER INC., a Delaware corporation (“Pulitzer”), each of Pulitzer’s direct or indirect subsidiaries party thereto (the “Pulitzer Subsidiaries,” and together with Pulitzer, the “Pulitzer Entities”), WILMINGTON TRUST, NATIONAL ASSOCIATION, as administrative agent under the Lee Second Lien Loan Agreement (together with its successors and assigns, in such capacity, the “Pulitzer First Priority Agent”) and as collateral agent for the First Lien Secured Parties (together with its successors and assigns, in such capacity, the “Pulitzer First Priority Collateral Agent”), JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Revolving Credit Facility (together with its successors and assigns, in such capacity, the “Revolving Agent”) and as collateral agent with respect to the Revolving Credit Facility (together with its successors and assigns, in such capacity, the “Revolving Collateral Agent”), JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Pari Passu Facility (together with its successors and assigns in such capacity, the “Pari Passu Agent”) and as collateral agent with respect to the Pari Passu Facility (together with its successors and assigns, in such capacity, the “Pari Passu Collateral Agent”), and U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity, but solely in its capacity as Trustee under the Notes Indenture (together with its successors and assigns, in such capacity, the “Notes Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, as collateral agent for with respect to the Notes (together with its successors and assigns, in such capacity, the “Notes Collateral Agent”). Capitalized terms used but not otherwise defined herein shall have the meaning set forth in the Intercreditor Agreement. This Pulitzer Junior Intercreditor Agreement Joinder is being executed and delivered pursuant to Section 9. 3 of the Junior Intercreditor Agreement.

1. Joinder. By executing and delivering this Pulitzer Junior Intercreditor Agreement Joinder, the undersigned as Additional Agent in its capacity as [[Administrative Agent/Trustee/other Representative] and as [Collateral Agent/Collateral Trustee/other Representative]] for holders of [Pulitzer First Priority Obligations][Pulitzer Second Priority Obligations] pursuant to [identify Additional Pulitzer First Priority Agreements][identify Additional Pulitzer Second Priority Agreements] agrees, on its own behalf and on behalf of such holders of [Pulitzer First Priority Obligations][Pulitzer Second Priority Obligations], to be bound by all the terms and provisions of the Junior Intercreditor Agreement as a Collateral Agent, as fully as if the undersigned had executed and delivered the Junior Intercreditor Agreement as of the date thereof.

2. Governing Law. This Pulitzer Junior Intercreditor Agreement Joinder shall be construed in accordance and governed by the law of the State of New York.


IN WITNESS WHEREOF, the parties hereto have caused this Pulitzer Junior Intercreditor Agreement Joinder to be executed as of                     , 20            .

 

[___________________________________]
By

 

Name:

Title:


EXHIBIT B

FORM OF

PULITZER JUNIOR INTERCREDITOR AGREEMENT JOINDER

ADDITIONAL GRANTOR

Reference is made to the Junior Intercreditor Agreement dated as of June 25, 2015 (as amended, supplemented, amended and restated or otherwise modified and in effect from time to time, the “Junior Intercreditor Agreement”) among LEE ENTERPRISES, INCORPORATED, a Delaware corporation, PULITZER INC., a Delaware corporation (“Pulitzer”), each of Pulitzer’s direct or indirect subsidiaries party thereto (the “Pulitzer Subsidiaries,” and together with Pulitzer, the “Pulitzer Entities”), WILMINGTON TRUST, NATIONAL ASSOCIATION, as administrative agent under the Lee Second Lien Loan Agreement (together with its successors and assigns, in such capacity, the “Pulitzer First Priority Agent”) and as collateral agent for the First Lien Secured Parties (together with its successors and assigns, in such capacity, the “Pulitzer First Priority Collateral Agent”), JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Revolving Credit Facility (together with its successors and assigns, in such capacity, the “Revolving Agent”) and as collateral agent with respect to the Revolving Credit Facility (together with its successors and assigns, in such capacity, the “Revolving Collateral Agent”), JPMORGAN CHASE BANK, N.A., as administrative agent with respect to the Pari Passu Facility (together with its successors and assigns in such capacity, the “Pari Passu Agent”) and as collateral agent with respect to the Pari Passu Facility (together with its successors and assigns, in such capacity, the “Pari Passu Collateral Agent”), and U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity, but solely in its capacity as Trustee under the Notes Indenture (together with its successors and assigns, in such capacity, the “Notes Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, as collateral agent for with respect to the Notes (together with its successors and assigns, in such capacity, the “Notes Collateral Agent). Capitalized terms used but not otherwise defined herein shall have the meaning set forth in the Intercreditor Agreement. This Pulitzer Junior Intercreditor Agreement Joinder is being executed and delivered pursuant to Section 9.13 of the Junior Intercreditor Agreement.

1. Joinder. By executing and delivering this Pulitzer Junior Intercreditor Agreement Joinder, the undersigned,                     , a                     , hereby agrees to become party as a Grantor under the Junior Intercreditor Agreement for all purposes thereof on the terms set forth therein, and to be bound by the terms of the Junior Intercreditor Agreement as fully as if the undersigned had executed and delivered the Junior Intercreditor Agreement as of the date thereof.

2. Governing Law. This Pulitzer Junior Intercreditor Agreement Joinder shall be construed in accordance and governed by the law of the State of New York.


IN WITNESS WHEREOF, the parties hereto have caused this Pulitzer Junior Intercreditor Agreement Joinder to be executed as of                     , 20        .

 

[___________________________________]
By

 

Name:

Title:

exh99_1.htm
Exhibit 99.1 - News Release of Lee Enterprises, Incorporated dated June 25, 2015

 
201 N. Harrison St.                                                                                     
Davenport, IA 52801
lee.net

Lee Enterprises pays off New Pulitzer Notes nearly two years early

NEWS RELEASE
         
Davenport, Iowa (June 25, 2015) – Lee Enterprises (NYSE: LEE), a leading provider of news, information and advertising in 50 markets, announced today that the company has repaid, in full, the 9% Senior Notes issued by its subsidiaries St. Louis Post-Dispatch LLC and Pulitzer Inc. (the “New Pulitzer Notes.”)

The New Pulitzer Notes, which were issued in connection with the refinancing of $94 million of debt in May 2013, were due April 3, 2017. The notes were held by BH Finance LLC, a subsidiary of Berkshire Hathaway Inc., and had a balance of $9 million on March 29, 2015, the end of the last fiscal quarter.

Mary Junck, chairman and chief executive officer, attributed the early pay-off to the company’s strong performance and substantial cash flows.

“We have been, and will continue to be, committed to the repayment of the company’s debt,” she said. “Paying off the New Pulitzer Notes almost two years early is clear evidence of that commitment. Our focus is on continued strong cash flows and using them to best position us for the future.”

We appreciate the involvement of Berkshire Hathaway in the refinancing,” she added.

Vice President, Chief Financial Officer and Treasurer Ron Mayo said the repayment has a significant impact on the remaining debt. 

“Repaying these notes triggers the relaxation, or removal, of several cash flow restrictions that existed in our capital structure,” he said. “The net effect of these changes should result in more rapid amortization of debt under the company’s First Lien Credit Agreement, which matures in March 2019.” 

Debt outstanding under the term loan of the First Lien Credit Agreement stood at $205.25 million at March 29, 2015. It was reduced by $44.75 million from the original amount of $250 million in the first year of the agreement, before the effect of the changes in cash flow restrictions noted above took effect.

“The company’s ability to pay dividends, acquire its own stock, or to make other restricted payments, such as optional redemption of debt under its Second Lien Loan Agreement, remain restricted by the terms of the Senior Secured Notes,” Mayo said.

“More rapid acceleration of payments under the First Lien Credit Agreement could accelerate the company’s ability to make such restricted payments in the future and may eliminate the need to refinance any balance of such debt when it comes due in 2019.”

Mayo also said the repayment triggers the ability to reduce debt under the company’s Second Lien Loan Agreement by requiring that the excess cash flow of the Pulitzer subsidiary, as defined, be offered, at 100% of the principal amount, to the debt holders until March 2017.  After that time, those debt holders are required to accept payments based on excess cash flow.   

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This event also moves the holders under the Second Lien Loan Agreement into a first priority collateral position on substantially all of the assets of Pulitzer Inc. and its subsidiaries, which includes St. Louis Post-Dispatch LLC, and it moves the holders under the company’s Senior Secured Notes and First Lien Credit Agreement into a junior collateral position on the same assets.
 
 
ABOUT LEE
Lee Enterprises is a leading provider of local news and information, and a major platform for advertising, in its markets, with 46 daily newspapers and a joint interest in four others, rapidly growing digital products and nearly 300 specialty publications in 22 states. Lee's newspapers have circulation of 1.0 million daily and 1.5 million Sunday, reaching more than three million readers in print alone. Lee's markets include St. Louis, MO; Lincoln, NE; Madison, WI; Davenport, IA; Billings, MT; Bloomington, IL; and Tucson, AZ. Lee Common Stock is traded on the New York Stock Exchange under the symbol LEE. For more information about Lee, please visit www.lee.net.

FORWARD-LOOKING STATEMENTS — The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. This release contains information that may be deemed forward-looking that is based largely on our current expectations, and is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those anticipated. Among such risks, trends and other uncertainties, which in some instances are beyond our control, are:
 
FORWARD-LOOKING STATEMENTS — The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. This release contains information that may be deemed forward-looking that is based largely on our current expectations, and is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those anticipated. Among such risks, trends and other uncertainties, which in some instances are beyond our control, are:

·   
 
Our ability to generate cash flows and maintain liquidity sufficient to service our debt;
· 
 
Our ability to comply with the financial covenants in our credit facilities;
· 
 
Our ability to refinance our debt as it comes due;
· 
 
That the warrants issued in our refinancing will not be exercised;
· 
 
The impact and duration of adverse conditions in certain aspects of the economy affecting our business;
· 
 
Changes in advertising demand;
· 
 
Potential changes in newsprint, other commodities and energy costs;
· 
 
Interest rates;
· 
 
Labor costs;
· 
 
Legislative and regulatory rulings;
· 
 
Our ability to achieve planned expense reductions;
· 
 
Our ability to maintain employee and customer relationships;
· 
 
Our ability to manage increased capital costs;
· 
 
Our ability to maintain our listing status on the NYSE;
· 
 
Competition; and
· 
 
Other risks detailed from time to time in our publicly filed documents.
 
Any statements that are not statements of historical fact (including statements containing the words “may”, “will”, “would”, “could”, “believes”, “expects”, “anticipates”, “intends”, “plans”, “projects”, “considers” and similar expressions) generally should be considered forward-looking statements. Readers are cautioned not to place undue reliance on such forward-looking statements, which are made as of the date of this release. We do not undertake to publicly update or revise our forward-looking statements, except as required by law.

Contact:
Charles Arms
Director of Communications
IR@lee.net
(563) 383-2100
 
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