Family Agreement

AMENDMENT NO. 1 to AMENDED AND RESTATED SCRIPPS FAMILY AGREEMENT

Exhibit 10.44

AMENDMENT NO. 1 to

AMENDED AND RESTATED SCRIPPS FAMILY AGREEMENT

This Amendment No. 1 (this “Amendment”) to the Amended and Restated Scripps Family Agreement (the “Agreement”), dated May 19, 2015, by and among The E.W. Scripps Company, an Ohio corporation (“E.W. Scripps”), Scripps Networks Interactive, Inc., an Ohio corporation (“Scripps Networks Interactive”) and the  individuals and other entities named on the signature pages thereto (each, a “Family Shareholder” and collectively, the “Family Shareholders”) is entered into as of the 29th day of March, 2017 by E.W. Scripps, Scripps Networks Interactive and the Family Shareholders.

WHEREAS, the parties hereto desire to amend Section 6 of the Agreement to allow Family Shareholders to convert Common Voting Shares into Class A Stock under the circumstances set forth therein;

NOW, THEREFORE, in consideration of the mutual agreements herein set forth and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the Family Shareholders, E.W. Scripps and Scripps Networks Interactive hereby irrevocably agree to restate Section 6 of the Agreement in its entirety as follows.

Section 6.Right of Offeror to Sell or Donate Unsold Shares Upon Conversion Into Shares of Class A Stock

.  If, after satisfaction by the Offeror of the requirements of Section 4, any Offered Shares remain unsold, the Offeror may elect to (i) retain such unsold Offered Shares, (ii) convert such unsold Offered Shares into Class A Stock (which Class A Stock will not be subject to this Agreement), or (iii) sell, transfer, distribute, or assign such Offered Shares on whatever terms and at whatever price, or

 


 

donate, appoint or otherwise dispose of such Offered Shares in whatever manner the Offeror wishes, without any further compliance by the Offeror or any transferee with the provisions of this Agreement (which provisions will continue to apply, however, to any other Shares owned of record or beneficially by the Offeror); provided that (A) if the Offeror had included in the First Notice such Offeror’s intention to sell, transfer, distribute, assign, donate, appoint or otherwise dispose of the Offered Shares to a specific person, then such Offered Shares shall be sold, transferred, distributed, assigned, donated, appointed or otherwise disposed of to such person on the terms and in the manner indicated in the First Notice; AND (B) THE OFFEROR, PRIOR TO ANY SALE, TRANSFER, DISTRIBUTION, ASSIGNMENT, DONATION, APPOINTMENT OR OTHER DISPOSITION OF THE OFFERED SHARES  SHALL FIRST CONVERT SUCH OFFERED SHARES INTO CLASS A STOCK AND SELL, TRANSFER, DISTRIBUTE, ASSIGN, DONATE, APPOINT OR OTHERWISE DISPOSE OF ONLY THE CLASS A STOCK.

[SIGNATURE PAGE FOLLOWS]


 


 

IN WITNESS WHEREOF, each party hereto has executed this Agreement on the date indicated below opposite such party’s signature.

 

THE E.W. SCRIPPS COMPANY

 

 

By:  /s/ William Appleton

 

Name:  William Appleton

 

Title:  Senior V.P. and General Counsel

 

 

 

SCRIPPS NETWORKS INTERACTIVE, INC.

 

 

By:  /s/ Ken W. Lowe

 

Name:  Ken W. Lowe

 

Title:  Chairman, President and CEO

 

 

FAMILY SHAREHOLDER

/s/ Jonathan Scripps

 

Name:  Jonathan Scripps

 

Address:

 

 

Email address:  

 

 

 

 

 


 

FAMILY SHAREHOLDER

/s/ Samantha J. Brickner

 

Name:  Samantha J. Brickner

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Elizabeth Scripps

 

Name:  Elizabeth Scripps

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/William H. Scripps

 

Name:  William H. Scripps

 

Address:

 

 

Email address:  

 

FAMILY SHAREHOLDER

/s/ Margaret Scripps Klenzing

 

Name:  Margaret E. Scripps Klenzing

 

Address:

 

 

Email address:  

 

 

 


 

FAMILY SHAREHOLDER

/s/ James Bryce Vasquez

 

Name:  James Bryce Vasquez

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Virginia S. Vasquez

 

Name:  Virginia S. Vasquez

 

Address:

 

 

Email address:  

 

 

 

FAMILY SHAREHOLDER

/s/ Nackey E. Scagliotti

 

 

Name: Nackey E. Scagliotti

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Cynthia J. Scripps

 

 

Name:

Cynthia J. Scripps

 

Address:

 

 

Email address:  

 


 

 

FAMILY SHAREHOLDER

/s/ Edward W. Scripps, Jr.

 

 

Name:

Edward W. Scripps, Jr.

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Marilyn J. Scripps

 

 

Name:

Marilyn J. Scripps

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Eva Scripps Attal

 

 

Name:

Eva Scripps Attal

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Samuel Joseph Logan

 

 

Name:

Samuel Joseph Logan

 

Address:

 

 

Email address:  

 


 

 

FAMILY SHAREHOLDER

/s/ Mary Peirce

 

 

Name:

Mary Peirce

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Megan Scripps Tagliaferri

 

 

Name:

Megan Scripps Tagliaferri

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Charles E. Scripps, Jr.

 

 

Name:

Charles E. Scripps, Jr.

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Charles Kyne McCabe

 

 

Name:

Charles Kyne McCabe

 

Address:

 

 

Email address:  

 


 

 

FAMILY SHAREHOLDER

/s/ R. Michael Scagliotti

 

 

Name:

R. Michael Scagliotti

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Julia Scripps Heidt

 

 

Name:

Julia Scripps Heidt

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Eli W. Scripps

 

 

Name:

Eli W. Scripps

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Cody Dubuc

 

 

Name:

Cody Dubuc

 

Address:

 

 

Email address:  

 


 

 

FAMILY SHAREHOLDER

/s/ Monica Holcomb

 

 

Name:

Monica Holcomb

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ John Patrick Scripps

 

 

Name:

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ J. Sebastian Scripps

 

 

Name:

J. Sebastian Scripps

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Gerald J. Scripps

 

 

Name:

Gerald J. Scripps

 

Address:

 

 

Email address:  

 


 

 

FAMILY SHAREHOLDER

/s/ Raymundo H. Granado, Jr.

 

 

Name:

Raymundo H. Granado, Jr.

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ William A. Scripps

 

 

Name:

William A. Scripps

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Wesley Scripps

 

 

Name:

Wesley Scripps

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Keon Korey Vasquez

 

 

Name:

Keon Korey Vasquez

 

Address:

 

 

Email address:  

 


 

 

FAMILY SHAREHOLDER

/s/ Elizabeth A. Logan

 

 

Name:

Elizabeth A. Logan

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Eaton M. Scripps

 

 

Name:

Eaton M. Scripps

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Mary Ann S. Sanchez

 

 

Name:

Mary Ann S. Sanchez

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Jimmy R. Scripps

 

 

Name:

Jimmy R. Scripps

 

Address:

 

 

Email address:  

 


 

 

FAMILY SHAREHOLDER

/s/ Jenny Sue Scripps Mitchell

 

 

Name:

Jenny Sue Scripps Mitchell

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Peter M. Scripps

 

 

Name:

Peter M. Scripps, individually, and as trustee of the Peter M. Scripps Trust under Agreement dated 11/13/2002

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Anne La Dow

 

 

Name:

Anne La Dow, individually and as trustee of the Anne M. La Dow Trust under Agreement dated 10/27/2011

 

Address:

 

 

Email address:  

 

 

 

 

 

 

 

 

 


 

FAMILY SHAREHOLDER

/s/ Paul K. Scripps

 

 

Name:

Paul K. Scripps, individually, as co-trustee of the John P. Scripps Trust under Agreement dated 2/10/77 FBO Peter M. Scripps, John P. Scripps Trust FBO Paul K. Scripps under Agreement dated 2/10/77, John P. Scripps Trust Exempt Trust under Agreement dated 2/10/77 and John P. Scripps Trust under Agreement dated 2/10/77 FBO Barbara Scripps Evans, and as trustee of the John P. Scripps Trust FBO Ellen McRae Scripps under Agreement dated 12/28/84 and Paul K. Scripps Family Revocable Trust

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Peter R. La Dow

 

 

Name:

Peter R. La Dow, individually, as co-trustee of the John P. Scripps Trust under Agreement dated 2/10/77 FBO Peter M. Scripps, John P. Scripps Trust FBO Paul K. Scripps under Agreement dated 2/10/77, John P. Scripps Trust Exempt Trust under Agreement dated 2/10/77 and John P. Scripps Trust under Agreement dated 2/10/77 FBO Barbara Scripps Evans, and as trustee of The Marital Trust of the La Dow Family Trust and The La Dow Family Trust under Agreement dated 6/29/2004

 

Address:

 

 

 


 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Barbara Victoria Scripps Evans

 

 

Name:

Barbara Victoria Scripps Evans, individually, as co-trustee of the John P. Scripps Trust under Agreement dated 2/10/77 FBO Peter M. Scripps, John P. Scripps Trust FBO Paul K. Scripps under Agreement dated 2/10/77, John P. Scripps Trust Exempt Trust under Agreement dated 2/10/77 FBO Barbara Scripps Evans under Agreement dated 12/28/84, and as trustee of the John P. Scripps Trust FBO Douglas A. Evans under Agreement dated 12/28/84, Douglas A. Evans 1983 Trust, Victoria S. Evans Trust under Agreement dated 5/19/2004 and Thomas S. Evans Irrevocable Trust under Agreement dated 11/13/2012

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Jessica L. Scripps

 

 

Name:

Jessica L. Scripps

 

Address:

 

 

Email address:  

 

 

 

 

 

 


 

FAMILY SHAREHOLDER

Estate of Robert P. Scripps Jr.

 

/s/ Rebecca S. Brickner

 

 

Name:

Rebecca S. Brickner, co-administrator

 

 

/s/ Virginia S. Vasquez

 

 

Name:

Virginia S. Vasquez, co-administrator

 

 

 

FAMILY SHAREHOLDER

/s/ Rebecca S. Brickner

 

 

Name:

Rebecca S. Brickner

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Crystal Vasquez Lozano

 

 

Name:

Crystal Vasquez Lozano

 

Address:

 

 

Email address:  

 

 

 

 

 

 

 

 

 

 


 

FAMILY SHAREHOLDER

/s/ Molly E. McCabe

 

 

Name:

Molly E. McCabe

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Ellen M. Scripps Kaheny

 

 

Name:

Ellen M. Scripps Kaheny, individually and as trustee of the Ellen M. Scripps Kaheny Revocable Trust dtd April 17, 2014

 

Address:

 

 

Email address:  

 

 

FAMILY SHAREHOLDER

/s/ Corina S. Granado

 

 

Name:

Corina S. Granado

 

Address:

 

 

Email address:  

 

 

 

 

 

 

 

 

 

 

 


 

FAMILY SHAREHOLDER

/s/ Adam R. Scripps

 

Name:

Adam R. Scripps

 

Address:

 

 

Email address: